Brand : Colorplus
Agency : Rubecon
Company : Raymonds
Colorplus was launched in 1993 by Colorplus Fashions which was a unit of Coimbatore based Ambattur Clothing Limited.
It was launched at a time where no global brands were seriously exploring the Indian market. I would say that no serious branding effort was there in place during that time . The ready to wear segment was in a nascent stage.
Colorplus as a brand now has an iconic status in the readymade segment.The brand which is carefully crafted and brilliantly communicated is the perfect example of brand management.
Rajendra Mudaliar, managing director, and Kailash M Bhatia, CEO has been clear on what the brand is and how this is to be communicated.
In 2003 this brand was acquired by Raymonds. I thought that the communication and brand strategy would change but to my pleasant surprise , it is the same. Thank God...
The brand falls under the Smart casual segment in the ready to wear market with its presence in South and west Asia. In this era of celebrity endorsement , this is a brand which uses no celebrity , and Colorplus is always the star. The brand is exposed through careful media selection and you never see a TVC of this brand. The copy and the layout is ever so consistent and the ads has maitained a classy look throughout its existence.
Seen only in premium publications and business magazines reveals that the brand is clear about the target segment.
Raymonds by acquiring this brand has now entered the premium casual wear segment which is now fast growing. With Parx at the lower end and Colorplus on the premium end, Raymonds is hoping to gain a major foothold in the Indian ready to wear segment in years to come.
Hope Raymonds don't mess up this brand...........