Being born in a typical South
Indian middle class family, the name Bombay Dyeing is very common to me. I
still remember the days I visited a Bombay Dyeing showroom with my parents browsing
through the stack to buy shirt pieces to the whole family. I feel proud to tell
my friends that I am wearing a Bombay Dyeing. It was a Raymonds for the middle
class. The Bombay Dyeing written in yellow letters in a blue background
triggers a nostalgia even today. It is painful to realise that it has lost its
mojo and is dieing slowly.
Bombay Dyeing, the Nusli Wadia
promoted brand is having a legacy of 137 years. Bombay Dyeing sells linens,
towels, leisure clothing, kids wear and other products, albeit they are best
known for men’s fabrics and home furnishing. The company now officially
announced its exit from manufacturing and focussing more on retailing.
I personally feel that Bombay
Dyeing failed to move ahead with competition. One contributing factor was the polarisation
of consumer towards readymade garments. Despite the fact they introduced
readymade garments they failed to amaze the youth of today. The idea of buying
a fabric piece and stitching it is a cumbersome process for many and so people
rely on convenience (Read buy readymade wear). The home furnishing products
such as bed sheets, curtains also lost its market to the unorganised sector, as
well as imports from Taiwan, China and Bangladesh. Their products were
available in wide variety and competitive price than Bombay Dyeing. The stores
also missed the modern outlook which eventually made the consumer stay away
from Bombay Dyeing.
The middle class which is the
primary segment of the brand also got evolved drastically which added to the
woes. They look for best deals which enhances value and prestige to them. The
pale blue, yellow combination logo as well gave a shabby look for the brand (Read
the typical middle class of the yesteryears). Furthermore, lack of innovation have
to be highlighted. Raymonds stays relevant even today only due to the
innovation in their whole approach starting from product to communication which
Bombay Dyeing missed.
Amidst all, I feel that the Brand
Trust has not faded away. So a repositioning can revitalise the brand. But the
biggest challenge is that it has to ensure quality in the product (Since they
stopped manufacturing, they have to rely on multiple vendors). The rebranding exercise
must include all elements of the brand especially the logo and store.
But whether it is death or
rebirth only time can decide.
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