Arihant Retail, Chennai

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Abstract

The case deals with Arihant Retail, a family business firms located at Chennai in Tamil Nadu, India. It is a small scale firm, with a turnover of ` 340 million in 2009-10. Mr. Vishal Surana, the young Chief Executive of Arihant, dreams of making this into a ` 3 billion store by 2015. He has a concept named "Hot Male", a chain of stores stocking trendy fashionwear targeted at the "funky" young generation belonging to the SEC (Socio Economic Classification) "B" group. He is excited about it, and thinks he can build a whole new concept and grow based mainly on these "Hot Male" stores. Being a family firm, however, he has to take into consideration the views of his family members (they do not seem to interfere in any way) and family friends of long standing, who have their own views. The case outlines the broad options available to Vishal taking into account the business logic, the family logic, and the top management aspirations.

Additional Information

Product Type Case (colour)
Reference No. BP0339
Title Arihant Retail, Chennai
Pages 18
Published on Apr 29, 2011
Year of Event 2010
Authors Manikutty, S;
Area Strategy (STR)
Discipline Innovation and Entrepreneurship, Strategic Management
Sector Trade
Keywords Family Business , Retail (Textiles) , Growth
Country India
State Tamil Nadu
City Chennai
Organization Arihant Retail

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