‘A lot of brands were built with slow growth, we built it with rapid growth’
He augments his current designation with his expertise in retail industry, fashion retail background and education. Mr. Gautam joined bestseller in January 2010 and is leading the business and strategy for the brand in India.
The fashion retail industry is competitive and a place to display strength and power complemented with understanding and foresight, qualities which Mr. Gautam excels at. His forte includes operations from marketing to brand management to business development. In a span of 5 years Mr. Vineet’s vision for making bestseller brands the fastest going brands in India has come through.
This purely attributes to his passion, guidance and leadership that jack & jones, only & Vero Moda are most preferred fashion brands today. Bestseller brands have footprints in 40 plus cities through 168 ebos, 309 sis and online presence going as we speak.
A seasoned professional with over 18 years of experience, Vineet is adept at driving business, strategy, marketing, IT, brand management and business development for all Bestseller brands. He has played a pivotal role in establishment of several retail initiatives for the company, including adoption and seamless integration of technology, concepts like AI, VR, AR etc, in retail. Under his astute leadership Bestseller India has experienced phenomenal growth from just 10 doors to a whooping 1460 doors in a span of 10 years. Currently he leads a team of 3000+ people and envisions big plans for the company for the next decade.
Staying ahead of the game, Bestseller has successfully integrated SAP across all departments with the intent to ensure standardisation of each phasing. Launch of a dedicated mobile app allows employees in various everyday tasks, such as regularisation of attendance, procuring leave requests, generation of pay slips to investment declaration, claiming for reimbursement/imprest money, live training sessions for store staff, organising itinerary. Digital and social platforms are enablers of constant communication. For the company it is an exciting medium and opportunity to engage with their audience and a new way to move inventory in a fast and convenient way.
Mr Gautam reinforces change as the only constant and to be ready for change at any juncture even if one is not prepared for it most times. The retail industry according to him is looking for more consolidation as it helps to increase reach, streamline operations and identify cost savings- a good blend of these could definitely become a game changer.
A man who broke the rules and thought our of the box and built a brand to reckon with, Mr. Vineet Gautam making the right strides and the right noise who is here to stay for times to come!
Aiming for bestseller to be India’s topmost fashion retail brand, Mr. Gautam believes in facing each new challenge with grit, dignity and humility. In his free time, Mr. Gautam loves to indulge in some adventure sports and go travelling with his wife.
In a short span, Gautam’s vision for making Bestseller Brands the fastest growing brands in India has come through. This purely attributes to his passion, guidance and leadership that Jack & Jones, Only, Vero Moda, Selected Homme and Junarose are most preferred fashion brands today.
Accordion SamVG: Before pandemic, the demand was trend driven but with the COVID crisis, its more utility driven. At JACK&JONES, we have seen growth in categories like shorts, trackpants and other loungewear items. Denim Joggers have also witnessed an increase in demand which a person can wear at home & then even go to close by market etc.ple Description
VG: Categories such as loungewear and athleisure continue to show growth. With the normalization of work-from-home culture, these functional and super comfortable categories are sure to witness exciting addition of new style options in the seasonal range planning.
VG: For JACK&JONES, tier II & III markets have always been a solid contributor across all categories. We continue to explore opportunities in new markets with the mission of making best of international fashion accessible to everyone.
Selected Homme and Junarose are most preferred fashion brands today.
1Q. How would you summarise the key changes/shifts in demand for denim fashion products during FY21?
VG: Before pandemic, the demand was trend driven but with the COVID crisis, its more utility driven. At JACK&JONES, we have seen growth in categories like shorts, trackpants and other loungewear items. Denim Joggers have also witnessed an increase in demand which a person can wear at home & then even go to close by market etc.
2Q. How has the brand and market grown in the last two financial cycles? Tell us about the top consumer demands and projections in this period?
VG: Categories such as loungewear and athleisure continue to show growth. With the normalization of work-from-home culture, these functional and super comfortable categories are sure to witness exciting addition of new style options in the seasonal range planning.
3Q. How crucial are Tier II and III cities for a denim wear business?
VG: For JACK&JONES, tier II & III markets have always been a solid contributor across all categories. We continue to explore opportunities in new markets with the mission of making best of international fashion accessible to everyone.
4Q. Tell us about your marketing strategy? New innovation and trends introduced both offline and online platforms?
Last year we at BESTSELLER launched our first ever campaign around Safety. Please refer the attached press release of Seal of Safety.
Denim offers a winning mix of durability, functionality and fashion quotient. It is a core item for us and with the latest fabric and wash innovations, denim will continue to grow. Knitted denims and joggers are already popular categories at JACK&JONES and we are planning to offer more options in these styles to push sales of denim.
With the aim of combining functionality with fashion, JACK&JONES has launched sustainable jeans. They’re made with responsibly sourced cotton through Better Cotton Initiative & every fibre is made of sustainable materials. The eco-friendly JACK&JONES denim products are washed with recycled water. Have ZERO fresh water usage & offer high quality while not sacrificing on style.
VG: In the coming years we will see the retail sector being much more organized and refined than what it is today. With a greater number of retailers adopting the Omni-channel strategy, the retail sector will offer a much more seamless shopping experience to the customer. Increased adoption of retail technology and innovation concepts will help the sector keep up with the constantly changing purchase patterns and help understand the consumer’s buying behaviour to the extent of even helping predict consumer shopping trends!
During the lockdown, with retail stores being shut in the initial months and social distancing still being the norm, a lot of our consumers have taken to ecommerce as the preferred mode of shopping. Even post the lockdown, a lot of consumers will continue to shop online, however we do foresee a trend of consumers coming back to shop in our stores as well. Fashion is a personal choice, and consumers will definitely want to have a more immersive experience in the long-run while shopping from apparel brands. At BESTSELLER, we have always been working towards an omni-channel or ‘phygital’ business strategy that focuses on the confluence of offline and online experiences. Whether our consumer shops virtually, or at on our stores, we want to ensure that he or she enjoys a smooth and seamless shopping experience in terms of product variety, availability and ease of pick up or delivery. We are also working towards adopting retail technology including AI-powered smart mirrors, VR & AR catalogues, etc. that help in decreasing contact touch points and allow the consumer to have a safer and more efficient shopping experience.
(Feb 2018)
ET NOW Global Awards - Retail Excellence
• CEO Of The year
(Nov 2017)
Global Marketing Excellence Awards
• CEO of The Year
(Nov 2017)
ABP Brand Excellence Award
• Most Talented Retail Professional of India
(Feb 2013)
Asia Retail Congress
Experience
• Chief Executive Officer
Bestseller India
(Jan 2010 – Present)
• National Head Retail (Assosciate Vice President)
Etisalat Telecom Pvt. Ltd.
(Oct 2009 – Jan 2010)
• Business Head
Benetton Group
(Apr 2007 – Sep 2009)
• Senior Manager
Idea n U( Showrooms), Idea Cellular Ltd
(May 2003 – Mar 2007)
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How Jeanologia partnership transformed denim manufacturing for Numero Uno
In a stride towards sustainable fashion, Numero Uno, a leading denim wear brand, partnered with the Spanish technology company Jeanologia to revolutionise its manufacturing practices. This collaboration, which began nearly a decade ago, underscored Numero Uno’s commitment to eco-friendly production processes.
Jaiwant S Dhingra, Director of Marketing & Business Development at Numero Uno, highlighted the brand’s journey with Jeanologia, an innovator in jeans washing consultancy. Jeanologia’s cutting-edge technologies, particularly their Laser Technology, have been pivotal in reducing the environmental impact of denim manufacturing. This partnership marked a significant step towards sustainable fashion practices, boasting several achievements: