Sign up for afaqs! Newsletters
Future Brands is looking at investing around Rs 8-10 crore for the marketing and advertising of DJ&C. John Miller has a similar ad and marketing budget. Bare has an advertising budget of Rs 5-6 crore
Future Brands has announced the revamp of its six-year-old denim and casual wear brand, DJ&C (Denim Jeans and Casuals). An advertising campaign has been released, sporting the baseline, ‘Look Famous’.
DJ&C, currently a Rs 150 crore brand, is aiming to garner revenue of more than Rs 1,000 crore by 2010-11, reveals Santosh Desai, chief executive officer, Future Brands.
The brand targets 18-24-year-olds and claims to bring out the star potential in them.
Future Group owns three apparel brands, DJ&C, Bare and John Miller. Desai explains that each of the three caters to a different consumer segment. They differ in pricing, distribution focus (DJ&C is sold only at Big Bazaar, the other two are Pantaloon brands) and appeal.
Future Brands is looking at investing around Rs 8-10 crore for the marketing and advertising of DJ&C. John Miller has a similar ad and marketing budget. Bare has an advertising budget of Rs 5-6 crore.
Santosh Desai |
In terms of worth and size, at Rs 150 crore, DJ&C is the biggest amongst the three apparel brands. Bare is second in line, followed by John Miller, both of which are in the range of Rs 90-100 crore.
Future Brands launched five brands in 2007, Dreamline, Buffalo, Bare, John Miller and DJ&C. This year, it is looking at entering the skincare and sports footwear segments. It is also working on its food brands, Tasty Treat and Fresh & Pure, and its home solutions brand, Koryo. It is also considering launch of a fourth apparel brand.