Maspar - NV The Retail Report

Big plans for private label for hard goods have been shelved by major retailers. This is because fierce competition by branded players (LG, Videcon, Samsung) have squeezed margins so much that there is little to benefit by private labeling.

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The well known issues of high real estate costs, lack of infrastructure & trained manpower, political beligerance, etc would definitely be daunting. But what is poignant is that, barring a handful, most new entrants in the industry are either losing heavily, or turning a Nelson’s eye to immediate issues while turning their other eye further ahead.

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