Future Lifestyle Fashions Ltd. · NSE:FLFL
Future Lifestyle Fashions — Investor Presentation (November 2013)
22 slides from Future Lifestyle Fashions's investor presentation, November 2013
Slide 1: Future Lifestyle Fashion
FUTURE LIFESTYLE FASHION
Slide 2: A Younger India is Getting More Fashionable
A AYounger YoungIndia is Changing India the Fashion Is Getting Landscape More Fashionable A Boston Consulting Group study suggests that the life-time consumption of a child born in 2009 in India is going to be 13X of the total spend of an Indian born in 1960. The consumption market is expected to gr
Slide 3: Younger India, Brands & Modern Retail Are Driving Growth
A Younger& Brands India is Changing Modern the Fashion Retail Landscape Are Driving Growth Fashion retailing is amongst the most organized retailing sectors in India. While the domestic fashion market is expected to grow from $ 40 billion to $ 63 billion by 2016, share of modern retail will cross 25
Slide 4: Bringing In More Foreign & Domestic Players
A Younger India Bringing is Changing In More the Fashion Foreign LandscapePlayers & Domestic Policy Changes 2013 -Removal of Excise Duty on Branded Garments -Relaxation of FDI norms in Single Brand Retailing -Incentives for Textile Manufacturing
Slide 5: FLF Formed Through Consolidation of Future Group's Fashion Business
FLF A – Formed Younger India is Through Changing theConsolidation Fashion Landscape of Future Group’s Fashion Business
Slide 6: The FLF Approach
The FLF Approach 1. Create new brands across occasions, price points and consumer groups. 1 2. Introduce foreign brands through exclusive licenses and joint ventures. 3. Invest in emerging domestic brands through acquiring significant minority stakes. 1. Leverage the company’s extensive retail netwo
Slide 7: Denim Wear Brands
Denim Wear Brands Launched: 1990 Core Category: Denims Category Extensions: Leisurewear, Womensw ear, Kidswear Current MRP Size: Above Rs 300 crore Distribution: Central, Brand Factory, Pantaloons Launched: In 2007 through an exclusive licensee arrangement Core Category: Denims Category Extensions:
Slide 8: Casual Wear
Casual Wear Launched: 1999, acquired in 2005 Core Category: Chinos and Trousers Category Extensions: Menswear, Women's’ formalwear, Sportswear Current MRP Size: Above Rs 100 crore Distribution: Central, Brand Factory, Pantaloons, Reliance Trends, 64 Exclusive Brand Outlets, 124 MBOs Launched: 1999.
Slide 9: Men's Formal Wear
Men’s Formal Wear Launched: 2005 Core Category: Men’s Formal Wear Category Extensions: Fabric, Occasion Wear and Accessories Current MRP Size: Above Rs 50 crore Distribution: Central, Brand Factory, Pantaloons, General Trade Launched: 2007 Core Category: Mens Formal Wear Category Extension: Accessor
Slide 10: Women Wear Brands
Women Wear Brands Launched: Acquired in 2005 Core Category: Women denim wear Category Extensions: Women‘s Casualwear Current MRP Size: Above Rs 100 crore Distribution: Central, Brand Factory, Pantaloons, Exclusive Brand Outlets and MBOs Launched: 2013 Core Category: Women’s Fusion Wear Current MRP S
Slide 11: Footwear, Handbags and Accessories
Footwear, Handbags and Accessories Launch: 1825, Launched in India in 2011 through a Joint Venture Core Category: Men & Women Footwear Category Extensions: Women Handbags Distribution: Central, Brand Factory, 24 Exclusive Brand Outlets and MBOs Launched: 2009 as part of a joint venture partnership b
Slide 12: Brands Targeting Niche Categories
Brands Targeting Niche Categories Launched: 2005 Core Category: Ready to wear fashionable western and ethnic wear and accessories Focus: Established itself in the niche plus size clothing category Distribution: Central, Brand Factory, Pantaloons and 24 Exclusive Brand Outlets Launched: 2005 Core Cat
Slide 13: International Brands
International Brands Launch in India: 2011 through an exclusive licensing agreement Core Category: Premium Lifestyle Sportswear MRP Sales: Around Rs 50 crore Distribution: Pantaloons, Central, Planet Sports, Shoppers Stop and Exclusive Brand Outlets Launch in India: Joint venture since 2008 Core Cat
Slide 14: Retail – Department Stores
Retail – Department Stores A national chain of department stores located mostly in standalone, marquee properties located at city centers. Houses over 500 brands along with multiplexes, restaurants, food courts and its very own radio station.
Slide 15: Retail – Specialty Chains
Retail – Specialty Chains A sportswear chain that houses foreign labels as well as company brands like Converse, Spalding, Clarks and Spunk. A chain of outlet malls that act as reverse logistics chain for brands retailed through Central. Also acts as a stopover hub for consumers graduating to lifest
Slide 16: National Presence of Central & Brand Factory Stores
National Presence of Central & Brand Factory 24 Stores Across 28 Stores 30 cities Gurgaon Covers Jaipur 3.5 million sq. ft. Ahmedabad Indore Vadodara Raipur Attracts Surat Nasik Nagpur Kolkata 45 million Mumbai Pune Bhubaneswar consumers Visakhapatnam Hyderabad Sells Mangalore Bengaluru Almost half
Slide 17: BIBA Case Study
BIBA Case Study Business overview Top line growth coupled with margin expansion • Founded by Meena Bindra, BIBA was a line of women’s ethnic wear including Salwar, Kameez and Dupattas started Revenues EBITDA Margin % in 1986 27% 22% 19% • BIBA's first standalone store was opened in Mumbai in 17% 16%
Slide 18: AND Designs Case Study
AND Designs Case Study Business overview Top line growth coupled with margin expansion • Established in the year 1998, AND Designs is the brainchild of Anita Dongre , Meena Sehra and Mukesh Sawlani Revenues EBITDA Margin % • AND, the inimitable label represents high street fashion at a 19% 20% sensi
Slide 19: Many more brands heading towards similar inflection points
Many more brands heading towards similar inflection points Over Rs.300cr Revenues Over Rs.100cr Revenues Under Rs.100cr Revenues Sports/Active Footwear & Men Unisex Women Wear Accessories
Slide 20: Financial Performance
Financial Performance Income Statement Quarter ended (` cr.) Store Network as of 30th September 2013 Q2 FY14 Q1 FY14 Q4 FY13 Retail space Particulars Jul-Sep '13 Apr-Jun '13 Jan-Mar '13 Format # of stores (mn sq ft) Net Sales 690 611 630 Central 23 2.54 Other Operating Income 20 24 22 Total Income f
Slide 21: Balance Sheet & Shareholding Pattern
Balance Sheet & Shareholding Pattern Balance Sheet as of (` cr.) Shareholding as of 30-Sep-2013 Particulars 30-Sep-13 # of shares % holding Total - Shareholders' Funds 1,390 Non-Current Liabilities Promoters 5,00,64,774 32.4% Long-Term Borrowings 935 Future Retail Ltd 3,03,84,885 19.7% Deferred Tax
Slide 22: Disclaimer
Disclaimer • The views expressed here may contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of this information. • Any forward looking information in this presen
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