A Compilation on
GLOBUS
Source:Weblink
Rajan Raheja Group
Globus
by:
RetailingInfo
A Forum on Retail by FDDI Students
Globus
Globus is an Apparel Retailing arm of Rajan Raheja Group, a group which has a market experience of about 3 decades, turnover of Rs. 86 billion and about 19000 employees.
There are more interesting fact which can add your interest in the Group as you came to know that this is the same group which has its hand in few very famous brand name in different sector like Exide batteries, Outlook publishing House, Prism Cement, Asianet cable Channel and many more. Beside this they also have stake in many famous upcoming big retailing projects with Big Retailer like Dairy Farm Int. as their partner.
So to get more detailed knowledge about the group read the content below which is compiled by us with the help of matter on websites of Globus and Rajan Raheja Group.
Rajan Raheja Group
30 years of excellence
The Rajan Raheja Group is led by Mr. Rajan Raheja, a renowned businessman involved in the Real Estate Development business for over 3 decades. The company diversified into manufacturing and financial services over the last two decades.
The emphasis is on setting up focused companies, which aim to be profitable leaders in their respective fields with a long term outlook.
All Group Companies are professionally managed by independent CEOs.
Most of the Group Companies has a leading position in:
Market share, Technology, Brand, Distribution or Profitability
The Rajan Raheja Group is a Strategic/Financial partner in many of the businesses where it has management control. It is also an equal JV partner/strategic investor in quite a few ventures.
Highlights:
-Total Turnover: Over Rs. 86 billion ($ 2.1 billion)
- Total Capital Employed: Over Rs. 57 billion ($ 1.4 billion)
- Total Employees: 19,000
Group Companies
1. R. Raheja Properties (Property Development)
As understood by name this wing of Rajan Raheja Group is dealing in property. It is a Real Estate Development Group of the company and developing numerous prestigious residential and commercial complex in Mumbai.
2. H and R Johnson (india) Ltd. (Ceramic Tiles)
It deals in manufacturing of Ceramic Tiles. Started in collaboration with H & R Johnson UK and in 1993 they acquired H and R Johnson (India) Ltd.
3. Exide Industries Ltd. (Battery)
This is a common brand dealing in Automotive and Industrial battery segment.
4. Prism Cement Ltd. (Cement)
A cement production company commissioned in June 1997, and has a plant in Satna, Madhya Pradesh.
5. RMC Readymix (India) Pvt. Ltd. (Concrete)
RMC stands for Ready Mixed Concrete which was established by RR Group in India
6. Asianet Satellite Communications Ltd. (Cable TV)
A well Known Cable TV network in Southern state of Kerala since 1999, in which group owns 100%.
7. Outlook Publishing (Inida) Pvt. Ltd. (Publishing House)
Most famous brand in group kitty. Magazine published by this group comprises of
- “Outlook” since 1995
- Outlook Money
-Outlook Traveller
-“Outlook Saptahik” a Hindi Weekly News Magazine.
-“Outlook Business” a recently launched Business magazine.
-“Marie Claire” Indian Edition.
-5 travel books on overseas destinations co-branded with Insight.
8. Globus Stores Pvt. Ltd. (Retailing)
Apparel Retailing
The group has set up a chain of apparel stores under the name “Globus”.Fully owned by the group company, the focus of Globus is to build Globus and F21 as strong fashion led brands for apparel.
The company has a strong design and supply chain team. It is one of the few brands in India which has apparel products in all major categories for men, women and kids.
18 stores across India, 15 more stores to open shortly and plans to expand to 125 stores in 4-5 years makes Globus a formidable player in the retail business. It is well on track to become India’s largest own brand apparel chain.
The company has recently launched Globus Inter-Exchange which is India’s first retail youth portal - http://www.gix.in/
9. Hathway Cable and Datacom Pvt. Ltd. (Cable TV)
The company dealing in Cable Television in which group owns 63% with Star TV having 22%.
Joint Ventures
1. Foodworld Supermarkets Ltd. (Retailing)
Food Retailing
The group has an effective stake of over 25% in FSL.
Dairy Farm (part of Jardine Matheson group) that controls 49% stake is an Asian focused retailer operating supermarkets, hypermarkets, convenience stores, health & beauty stores, home, furnishing stores & restaurants. Dairy Farm operates 3300 outlets in 8 countries / territories with 62000 employees and has sales of $5.5 billion.
FSL has 58 stores in Bangalore, Hyderabad & Chennai. The company plans to expand to over 250 stores within 4 years, with a turnover of Rs. 15 billion ($320 million).
2. Health and Glow (Retailing)
Health and Beauty Retailing
The group has an effective stake of 25% in the company.
Dairy Farm controls a 50% stake. The company has 43 stores in Chennai, Mumbai, Hyderabad, Vizag and Bangalore with an annual turnover of Rs. 640 million ($16 million).
Expansion plans to cover 240 stores within 4 years, with a turnover of Rs. 1.9 billion ($ 40 million) are in the wings.
3. ING Vyasa Life Insurance Co. Pvt. Ltd. (Insurance)
A JV between following companies
- Exide with 50 %.
- ING Group N.V. Netherlands with 26 %
- Ambuja Cement and Enam with rest of holding.
4. ING Vyasa Mutual Fund (MF)
The Group has a 39% stake in the company; ING controls a 42.5% stake with Kirti Equities holding the balance.
5. Sonata Software Ltd. (Software)
The Rajan Raheja group is one of the co-promoters of the company, which is one of the leading software companies in India.
6. Supreme Petrochem Ltd. (PetroChem)
The Rajan Raheja Group are co-promoters of Supreme Petrochem Ltd. along with Supreme Industries Ltd., the largest processor of plastic materials in India.
7. Raj Vilas & Trident-Hilton (Hospitality)
This group is a co-promoter in Hospitality Industry with Oberoi Rajvilas Group.
8. J.W. Marriott (Hospitality)
The group is a co-promoter of the prestigious J. W. Marriott, Mumbai.
Globus Stores Pvt. Ltd.
History
Launched in January 1998, Globus is a part of the Rajan Raheja group. The company opened its first store in 1999 at Indore followed by the launch of its second store in Chennai (T-Nagar). Soon to follow was another in Chennai located in Adyar. The flagship store in Mumbai was opened on 1st November 2001 followed by a swanky new outlet in New Delhi in South Extension Part-2.
The sixth and seventh stores are in Bangalore in Koramangala and Richmond Road respectively. The Eighth store in Ghaziabad at Shipra Mall followed by the ninth, tenth and eleventh in Kalaghoda, Mumbai, Thane and Ghaziabad, twelfth store at Kanpur and thirteenth store in Ahmedabad and fourteenth store in Lucknow.As of May 2008, Globus has opened its 24th Store in Nagpur and the journey continues...
Mission
Achieve customer delight by offering quality products and services through a process of continuous innovation and adaptation.
Build a dynamic team of committed and passionate employees through sustained learning and grooming.
Develop mutually beneficial relationships with our business partners.
Employ cost-effective processes and thereby create a strong organization.
Globus Brands
Globus
Youth Fashion Brand
Globus aspires to be ‘the’ iconic youth fashion brand in the country. Globus is a complete fashion brand – it’s the apparel brand and the destination brand. Three words which capture the spirit of the youth – vibrant, maverick and expressive. Globus is exactly that…our vibrant and maverick designs are not just setting fashion trends but more importantly helping our customers express themselves.
The entire fashion range comprises of apparel for men, women, kids and accessories at amazing prices. The range spans across usage occasions – work wear, campus wear, club and lounge dressing and genres Western, Indian and mix-n-match. A well researched sizing ensures a good fit for the Indian silhouettes.
F21
Eye candy fashion
F21 is an accessible hi-fashion brand, offering high-quality apparel. F21 – the edgy fashion brand - is designed to appeal to the more experimentative and adventurous consumers who seek cutting edge fashion. Styling and fabric innovations help F21 offer high end fashion at prices which are affordable for the young consumers. From everyday casual occasions to clubwear, F21 promises consumers attention unlimited.
The Globus Design Hub:
The heart of our business lies in this creative workplace of our organization named Globus Design Hub. It has been recently launched in July’07 in Andheri-Mumbai and is at its early stages to becoming the leading design talent floor. It is the most well equipped design studio in India in current times.
Year 2007
Globus opens in Aurangabad, Noida/Delhi, Raipur, Ludhiana, Dahisar/Mumbai, Vashi/Navi Mumbai and Moradabad.
Year 2008
Soon to open in Vadodra, Nagpur and Kolkata.
