Abstract
‘Fashion Destination’ was a prominent one-stop shop of clothing retail in Ahmedabad which has faced business slowdown in the last 5 years. Vishal, who had recently taken over the management wondered, would renting of premium clothing be a good business model to get back to the business. While pondering over the issue Vishal did some secondary research had found that the Indian retail industry is growing at a fast rate and that the online rental service is an upcoming trend in Indian market. Vishal hired an external market research agency ‘Wright & Company’, before changing the business model, to clarify certain doubts regarding renting clothes as a social stigma, willingness of people to rent clothes, requirement of physical store, about target consumers and product assortment.
Additional Information
| Product Type | Case |
|---|---|
| Reference No. | MAR0463(A) |
| Title | RentYourFashion.com (A) |
| Pages | 7 |
| Published on | Mar 30, 2015 |
| Year of Event | 2014 |
| Authors | Tripathi, Sanjeev; Agrawal, Rahul; |
| Area | Marketing (MAR) |
| Keywords | Business Research; Market Research; Marketing; Research Design; Exploratory Research; Decision Problem |
| Country | India |
| State | Gujarat |
| City | Ahmedabad |
| Organization | RentYourFashion.com |
| Access | For All |
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