The ITC group is embracing the online marketplace route to push its lifestyle retail business, especially its apparel brand John Players, which it plans to expand into newer categories.
Atul Chand, ITC’s chief executive for lifestyle retailing business, said the company is considering introducing the John Players brand in categories such as footwear, eyewear, backpacks and bags, all of which will be sold through online marketplaces.
The company said the move is prompted by the success that the John Players brand has had in online sales through Myntra, Flipkart and Snapdealin the last 12 months, the sales growth rate of John Players has doubled to 20% over the premium Wills Lifestyle business.The company also plans to launch an exclusive line of clothing for John Players for ecommerce, Chand said.
“John Players is among the top selling apparel brands online in the leading marketplaces. We are expanding the brand into newer categories specifically for online, and if it’s successful, we would even take them to the brick-and-mortar stores,” Chand said. “All such expansion will be in products which are of interest to younger consumers, the target for John Players.”
ITC has already launched some apparel lines– wind cheaters, message T-shirts and hoodies–under the John Players brand which will be sold only online. At present, about 10 per cent of revenue for ITC’s lifestyle retail business is generated from online sales and the company is targeting 15 per cent this fiscal.
