Textile
and apparels firm Mandhana Industries Ltd, which partners actor Salman Khan’s
Being Human Foundation to manufacture and market the Rs 300 crore Being Human
clothing brand, has plans for deeper penetration into domestic and
international markets using the franchise route. It already has a licensing
agreement with the foundation for a global presence.
Mandhana
said it will add new products to its portfolio from April with the introduction
of a boys wear line and a sportswear sub-brand called Being Active. Between
8-10 per cent of the Being Human sales revenue goes to the foundation. In the
next three months, it will demerge its retail business and hive it off as
Mandhana Retail Ventures to add more brands and scale up business.
“We
have aggressive growth plans,” said Manish Mandhana, Managing Director,
Mandhana Industries, in an interview with The Hindu . “We want
to become a complete family clothing brand, and grow 40-50 per cent per year
until 2020. We will be available at over 2,000 outlets in India and abroad,
compared to 700 now.” International sales in 16 countries contribute 25 per
cent of Being Human’s revenue.
“The
concept of charity via retail sales is popular in advanced countries,” Mr
Mandhana said. “When they buy our clothes, they know a part of it will help
educate a child or meet someone’s medical expenses. This brings us more
international customers.” This year Being Human will flag off a store in
France, in addition to one in Mauritius and two in Nepal, where it already has
one.
In
2012-13, Being Human was a Rs 60 crore revenue brand. By 2014-15, sales had
risen to Rs 235 crore, and this year, it will clock in Rs 300 crore in retail
earning.
The
Being Active clothing line is aimed at the fitness market, currently dominated
by Puma and Adidas. “Our first year sales target is Rs 50 crore,” Mr Mandhana
said. “Salman Khan has a strong online presence with 40 lakh Facebook fans.
Therefore, online sales are high. Over 10 per cent of the total revenue comes
from online sales.” Incidentally, Mr Khan’s Twitter handle has 16.8 million
followers, while his Instagram account has 3.5 million followers, and he
promotes Being Human on both accounts.
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