Page 95 - The Indian Optician Digital Edition March-April 2024
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2013. This joint venture, backed by Marchon's
          cutting-edge technology and our decades of
          market insights, epitomises the fusion of global
          excellence with local expertise.
             Together, through our joint venture with
          Marchon, we are committed to delivering
          unparalleled value and satisfaction to Indian
          consumers. By harnessing Marchon's innovative
          design and technology alongside Sterling's
          deep-rooted market understanding, we are
          setting new benchmarks in the Indian eyewear
          industry, reshaping the standards of quality,
          innovation, and customer service.
                                                                     KETAN PARIKH WITH NAVIN SANGHRAJKA
             TIO: At present, which international eyewear                    AND JITENDRA PARIKH
          brands is your company distributing in India?
          What specialisation do you bring to these
          brands in India?
             KP: Currently, our company distributes
          several renowned international eyewear brands
          in India, including Tommy Hilfiger, French
          Connection, Calvin Klein, Calvin Klein Jeans,
          Ferragamo, Lacoste, Nike, Bebe, Nautica, Paul
          Smith, Longchamp, Converse, Lanvin, Zeiss,
          Cutler & Gross, Victoria Beckham, DKNY, and
          Karl Lagerfeld.
             Our specialisation lies in our extensive market
          knowledge and adept brand synergy. Sterling             KETAN PARIKH, YUKTA MUKHI, JITENDRA PARIKH,
          was among the pioneers in the licensing                        AMIT PARIKH & RAJESH PARIKH
          business, a testament to our expertise in this
          domain. The success of our licensed brands             TIO: Offline vs Online – your take on these
          such as Tommy Hilfiger, French Connection,          aspects in respect to the Indian optical industry?
          and others can be attributed to our deep
          understanding of the market dynamics and               KP: In the realm of the Indian optical industry,
          effective brand alignment.                          the dichotomy between offline and online
                                                              operations presents a nuanced landscape for
             Since the launch of Tommy Hilfiger Eyewear       opticians to navigate. My perspective leans
          in 2005 and French Connection in 2008, we have      toward the establishment of an online presence,
          been dedicated to preserving the essence of         only for marketing purposes.
          each brand while tailoring products to resonate
          with Indian preferences. This meticulous               The prevailing trajectory suggests that
          approach has enabled us to maintain the             integrating internet sales into retail strategies is
          integrity of the brand DNA while adapting to the    not a matter of if, but when. While the timeline
          unique demands of the Indian market.                may span over 5 to 10 years, it's evident that
                                                              online retailing for eyewear is evolving into a
             As of 2024, we take pride in the fact that       complementary avenue alongside traditional
          Tommy Hilfiger stands as the second-largest         brick-and-mortar establishments. This evolution
          premium eyewear brand in India, a testament to      is particularly noteworthy considering the tactile
          our efforts in catering to the discerning Indian    nature of eyewear products, which inherently
          consumer base.                                      demand a "touch and feel" experience.



     INTERVIEW                                                                THE INDIAN OPTICIAN | MAR-APR 2024 | 91
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