24th July 2021
Harminder Sahni, Founder & MD of Wazir Advisors, points out that it is only the big boys such as Reliance Retail who have managed to create a pan-India operation. “It is a huge challenge and one has seen how Future Group too had to buy out Nilgiris and Heritage in the south. This is a time-consuming process and VMart has done the right thing,” he explains.
On the specific issue of phasing out the Unlimited brand, Sahni thinks it is the right thing to do. “Consumers are interested in the brands inside the stores and what the store is called does not really matter.”
17th July 2021
Harminder Sahni, founder and MD, Wazir Advisors said, “From Reliance’s perspective, it’s very clear that they are looking to grab a larger share of the digital ecosystem. Just Dial, from being yellow pages classifieds, has become a place to search for every need of the users.”
15th July 2021
“The acquisition of BigBasket is one of the smartest moves from the Tata group in a long time. It is one of the most attractive online businesses in the grocery space with strong sales and growth potential,” said Harminder Sahni, founder and managing director, Wazir Advisors, a management consulting firm.
24th June 2021
“The big trigger for retail will be any announcement around the merger with the Future Group,” said Harminder Sahni, Founder and Managing Director of Consultant Wazir Advisors. “The company is busy tying loose ends at the moment and will go all guns blazing in the c-commerce segment, once it is ready.”
22nd June 2021
“Despite the pandemic, consumer goods companies and brands have seen demand only grow. Most FMCG firms are doing well. The number of consumers is growing, and investors continue to bet on this trend,” said Harminder Sahni, Founder and MD, Wazir Advisors.
21th June 2021
“The online furniture market is expected to clock in 40% growth in the next five years. With local furniture stores moving online, independent of Amazon or Flipkart, we will see a few large showrooms of furniture, offering delivery across the country” said Harminder Sahni, founder and MD, Wazir Advisors.
18th May 2021
“Deliveries have always been a part of grocery business at local kirana level, where the owner supplies several products to the customer over a phone call,” says Harminder Sahni, founder and MD of management consulting firm Wazir Advisor.
14th April 2021
“Due to extended work from home, “category rebalancing” is taking place, where consumers are shifting from formal work wear to work-from-home wear” said Pakhi Saxena, Practice Head, retail and consumer packaged goods, Wazir Advisors.
9th March 2021
“Even for lightweight jewellery, consumers have to part with Rs 20,000-30,000 and hence, they are more likely to buy from a familiar brand as compared to newer entrants,” says Harminder Sahni, founder and MD, Wazir Advisors.
17th January 2021
“India needs to reposition itself through anchor led model, which will involve MSME’s to develop scale. Complete digitization of supply chain will make Indian companies more competitive and give services as per buyers’ need” said Prashant Agarwal, Jt. MD, Wazir Advisors.
6th September, 2020
“The scheme is unique in the sense that in addition to providing grant assistance, it also focuses on skilling, brand building, along with credit and marketing assistance to micro-enterprises. It is first of its kind and is a holistic aimed exclusively for this segment.” said Ritwik Bahuguna, Partner, Wazir Advisors, a business consulting and advisory firm.
16th August, 2020
“It can actually bring double-benefit to Lulu Group in terms of brand building both in UAE and in India, where it has presence in many areas but not as well known yet,” said Harminder Sahni, founder and managing director of Wazir Advisors, a leading Indian management consultancy.
27th July 2020
“We believe that our team’s sectoral expertise combined with our comprehensive offering – sourcing, manufacturing, supply chain, marketing, and retail – will be a differentiating key,” said Harminder Sahni, Founder and Managing Director, of Wazir Advisors.
8th June, 2020
“Consumers are eager to visit stores, but highly apprehensive about safety issues. Consumers are expected to gauge the safety measures deployed before initiating shopping again, across any channel. With lockdown extensions, the cautious index tends to increase”, said Harminder Sahni, Founder, Wazir Advisors.
4th June, 2020
“Consumers may hesitate to go shopping for apparel even after stores open after the lockdown. As of now, sales are zero but even when the partial opening will start, apparel won’t be the first category to be on the shopping list,” said Harminder Sahni, Founder and Managing Director, of Wazir Advisors.
19th May, 2020
Wazir Advisors has highlighted in their latest report that there will be a drop in apparel consumption in the otherwise large fashion markets of the world, the USA and EU, by 40 and 45 percent, accounting to about US$ 300 billion.
27th January, 2020
Investment in large-scale facilities, new technologies and manufacturing excellence are the way forward for the Indian textile industry, according to the report ‘Winning in Disruptive Times’ launched by Wazir Advisors and Federation of Indian Chambers of Commerce and Industry (FICCI).
19th January, 2020
When a traditional retailer like Future Group starts investing in e-commerce, the company should be sure of how deeply they want to integrate technology into their units” said Harminder Sahni, founder and managing director of Wazir Advisors, a leading Indian retail management consultancy firm.
2nd January 2020
“Competition is with Amazon and Walmart. Both are masters of their game and also have deep pockets,” said Harminder Sahni, founder and managing director of Wazir Advisors, a leading Indian retail management consultancy firm.
13th December, 2019
“Airtel has enjoyed leadership position over the years. It has a strong and loyal customer base that has stuck with it for a long time, through various ups and downs,” says Harminder Sahni, founder and managing director of Wazir Advisors, a consulting firm.
27th November, 2019
“With rising penetration of internet, increasing ease of use of online shopping, and increasing allure of millennials towards high-end fashion clothing without owning expensive assets, there is lot of growth potential in this segment,” said Sanjay Arora, business director of consultancy firm Wazir Advisors.
18th Oct 2019
“With the “Make in India” initiative, a lot of young people will go to the manufacturing industry. We are set to see expensive labour force in future, which means companies will have to spend more on their on-ground staff.” said Harminder Sahni, founder, and managing director, Wazir Advisors, a retail consulting firm.
9th Oct 2019
An analysis by Wazir Advisors showed profit margins of Aditya Birla Fashions & Lifestyle stood at 11.5 per cent for the quarter between April and June this year as compared to 4.1 per cent in the comparable period last year.
7th Oct 2019
Harminder Sahni, founder, Wazir Advisors says, “We somehow have this misplaced notion that the government can help in everything. But luxury brands and retailers haven’t done much to grow their customer base and that is why the slow down hit them badly….”
1st Oct 2019
“Retailers who have made provision of large budgets in order to take robotics innovation in-house, are expected to see real world benefits in near future.” says Baqar Iftikhar Naqvi, Business Director – Retail and Consumer Products, Wazir Advisors.
21st Aug 2019
The forum saw the unveiling of a denim industry report by its Knowledge Partner – Wazir Advisors which indicated “In five years, denim consumption will almost double.
19th July 2019
Wazir Advisors acted as an exclusive advisor to Shantanu & Nikhil in the deal said, ” Our role is to create customised solutions for founders, shareholders and/or management teams to maximise value as well as achieve business goals. This transaction marks yet another milestone in our singular commitment to our clients in the consumer products and retail space.”
4th July 2019
Analysis conducted by Wazir Advisors shows a majority of branded apparel makers including Aditya Birla Fashion & Lifestyle, Future Lifestyle Fashions and Shoppers Stop have reported a growth in operating profit margins during FY2019 over FY2018.
4th June 2019
Avenue Supermarts’ strategy since day one was to develop state-by-state and city-by-city. That’s why their numbers look good, and they are valued so highly, says Harminder Sahni, founder of Wazir Advisors.
