{"id":6657,"date":"2025-03-07T17:25:00","date_gmt":"2025-03-07T11:55:00","guid":{"rendered":"https:\/\/www.thirdeyesight.in\/?p=6657"},"modified":"2025-03-08T17:39:12","modified_gmt":"2025-03-08T12:09:12","slug":"finding-the-right-fit-reid-taylors-comeback-play","status":"publish","type":"post","link":"https:\/\/myechoproject.com\/TES\/finding-the-right-fit-reid-taylors-comeback-play\/","title":{"rendered":"Finding the Right Fit – Reid & Taylor’s Comeback Play"},"content":{"rendered":"\n

Shailja Tiwari, Financial Express <\/em><\/p>\n\n\n\n

March 7, 2025 <\/em><\/p>\n\n\n\n

This is what happens when you hit the gym after a long pause. On your first rebound day, the same weights seem heavier, the same set of squats tires you quicker. You might feel frustrated – nothing seems the way you left it.<\/p>\n\n\n\n

The same scenario faces brands looking to make a comeback. Those “muscles” – read brand loyalty -have lost strength due to long absence. The brand’s “stamina”- customer loyalty – have declined with neglect. All of which essentially means you need a relook at the entire “regimen” – the product, price, place and promotion – that seemed to work the last time around.<\/p>\n\n\n\n

Men’s fashion brand Reid & Taylor is facing the same dilemma.<\/p>\n\n\n\n

Launched in India in 1998, the brand vanished from the market in 2018 after S Kumars – which held the rights to manufacture and market the Scottish brand in India went bankrupt. Reid & Taylor is making a gradual comeback now, under the aegis of its new owner Finquest Group, complete with a campaign featuring new brand ambassador Vicky Kaushal and tagline, “Man on a Mission”.<\/p>\n\n\n\n

Finquest Group has invested over \u20b9750 crore in revitalising the brand. Reid & Taylor is available in more than 1,200 multi-brand and exclusive brand outlets across the country, as per a company announcement.<\/p>\n\n\n\n

In January, Reid & Taylor also announced its partnership with the Unicommerce to knit together the brand’s website, warehouses, physical stores, and other online platforms in one integrated network. The tech integration followed the launch of Reid & Taylor’s brand website and its growing presence across various online marketplaces, a clear signal the company is gearing up to address the needs of today’s customer and give its competitors a run for their money.<\/p>\n\n\n\n

Kapil Makhija, CEO and MD, Unicommerce, explains how this will enable Reid & Taylor to modernise its operations: “In addition to a consistent customer experience, this integration enables efficient inventory management through a centralised platform that allows ship-from-store service, where the brand can switch orders between warehouses and stores, offering a broader assortment for sale and faster order fulfilment. It also helps Reid and Taylor connect with the more online savvy audience.”<\/p>\n\n\n\n

The Indian menswear market, encompassing formal, casual and traditional apparel, had crossed \u20b92 trillion in 2023 and is expected to reach \u20b94.3 trillion by 2027, as per a Statista report. Experts say that the menswear category has grown exponentially since Reid & Taylor’s first outing. It has a host of local and international brands such as Raymond, Mufti, Allen Solly, Louis Phillipe and Manyavar offering stiff competition.<\/p>\n\n\n\n

In other words, Reid & Taylor has its task cut out.<\/p>\n\n\n\n

Makeover strategy<\/strong><\/p>\n\n\n\n

The greatest challenge for the relaunched brand is to establish relevance and share-of-mind with a new set of consumers, observes Devangshu Dutta, CEO of Third Eyesight. “In its initial avatar in India, it rode on the brand’s past goodwill, but since its fall a few years ago, the market has changed significantly. Ready-to-wear apparel, growth of modern retail, online commerce and a set of consumers who have no past history or association with the brand are all significant factors at play, remarks Dutta.<\/strong><\/p>\n\n\n\n

At its best in the early-2000s, the brand was positioned mostly within the wedding segment, a category that is also rapidly changing. The styles that dominate wedding apparel are changing among younger cohorts, points out Ajimon Francis, MD India for Brand Finance. Formal three-piece suits and safari suits are no longer style statements.<\/p>\n\n\n\n

Consumers are opting either for designer wear like a Tarun Tahiliani or for mid-segment offerings where brands like Raymond operate. “Formal suits are becoming an ‘uncle’ or ‘dadaji’ segment, and the wedding lines showcased by most brands are geared towards traditional wear. Formalwear for weddings now includes sherwanis and kurtas, where brands like Manyavar and FabIndia rule,” he points out.<\/p>\n\n\n\n

Reflecting on the brand’s exit earlier from the Indian market, Francis says that its owners’ (S Kumars) inability to adapt the brand to changing consumer behaviour led to its downfall. The Finquest Group will need to clearly redefine its new positioning since Reid & Taylor now offers a mix of styles across casual and formal menswear.<\/p>\n\n\n\n

Legacy brings credibility but it can also be baggage, remarks Rutu Mody Kamdar, founder of Jigsaw Brand Consultants. The challenge for Reid & Taylor lies in shaking off the heritage brand’ tag and making itself relevant to younger buyers who value modern style over nostalgia. “It needs to own the ‘quiet luxury’ space, timeless tailoring with a contemporary edge. That includes modern cuts, cultural collaborations, omnichannel presence, and aspirational storytelling,” suggests Kamdar.<\/p>\n\n\n\n

E-commerce strategy will be key too. The brand will need to blend strong visuals with smart pricing and seamless strategy. Kamdar adds that Reid & Taylor needs to look at e-commerce as not just a sales channel but also a brand building\u00a0platform.<\/p>\n\n\n\n

(Published in Financial Express – Brandwagon<\/a>)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Shailja Tiwari, Financial Express March 7, 2025 This is what happens when you hit the gym after a long pause. On your first rebound day, the same weights seem heavier, the same set of squats tires you quicker. You might feel frustrated – nothing seems the way you left it. The same scenario faces brands […]<\/p>\n","protected":false},"author":1,"featured_media":6658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[25,27,212,286,249,60,36,37,3,131,43,44,46,302],"tags":[26,99,100,283,52,53,758,174,177,105,106,107,600,803,426,806,32,239,145,857,113,59,191,69,164,147,241,192,82,243,859,119,120,855,166,256,499,581,70,632,856,429,65,348,298,858],"class_list":["post-6657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apparel","category-branding","category-consumer","category-customer-relationship","category-e-commerce","category-india","category-lifestyle-fashion","category-marketing","category-press-quotes","category-product-development-and-design","category-retail","category-soft-goods","category-strategy","category-technology","tag-apparel","tag-brand","tag-brand-building","tag-brand-identity","tag-branding","tag-brands","tag-celebrity","tag-consumer","tag-consumer-behaviour","tag-consumer-segment","tag-consumer-segments","tag-consumerism","tag-ecommerce","tag-endorsement-marketing-2","tag-exclusive-branded-outlets","tag-fabindia","tag-fashion","tag-fashion-lifestyle","tag-fashion-brands","tag-finquest","tag-growing-brands","tag-india","tag-indian-market","tag-indian-retail-sector","tag-international-brand","tag-international-brands","tag-international-fashion-brand","tag-international-fashion-brands","tag-lifestyle-fashion","tag-luxury","tag-manyavar","tag-market-segments","tag-marketing","tag-menswear","tag-modern-retail","tag-omnichannel","tag-online","tag-online-retail","tag-organised-retail","tag-premium-brands","tag-reid-taylor","tag-relaunch","tag-retail","tag-target-market","tag-traditional-retail","tag-unicommerce"],"yoast_head":"\nFinding 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