Zodiac Clothing Company Ltd. Explained

Zodiac Clothing Company Ltd
Type:Public
Location City:Mumbai, Maharashtra
Location Country:India
Industry:Retail
Products:Clothing[1]
Isin:INE206B01013

Zodiac Clothing Company Ltd. (ZCCL) is a manufacturer of men's clothing that owns the Zodiac, Zod! and z3 brands. The company produces men's apparel and accessories for Indian and international markets.[2] It was started with the name of ‘House of Zodiac’ by M. Y. Noorani in 1954 as a necktie manufacturer. ZCCL was incorporated as a private limited company in 1984.[3] It became a deemed public limited company in December 1993 and went public in January 1994.[4] [5]

As of 2018, Zodiac Clothing Company Ltd. has been following a company-owned model for its retail chain of 121 stores, with more than 2,100 direct on-roll employees and 1,500 independent retailers.[6] [7]

Mergers and acquisitions

In 1992, Zodiac Textiles & Apparels Export Pvt. Ltd. (ZTAEPL), Multiplex Packaging Pvt. Ltd. (MPPL), and Bangalore-based Knitwear Pvt. Ltd. (BKPL) amalgamated with ZCCL. In 2004, ZCCL acquired a Dubai-based shirt manufacturing company for close to INR 25 crore.

Marketing

In 1960, Ulka Kolkata, an advertising agency launched “The Zodiac Man” campaign for the marketing of ZODIAC's shirt and tie business.[8] Dhanji Rana, the creative director of the agency, became the face of the marketing material design for the campaign. The campaign found considerable success in India, strongly placing ZODIAC in the men's formal and casual wear segments.[8]

Brands

Zodiac Clothing Company retails its products through three brands: ZODIAC (men's formal wear), and ZOD! Club Wear and z3 (relaxed casual wear).

ZODIAC

Zodiac or ZODIAC brand is ZCCL's primary market face. ZCCL markets and sells formal shirts, trousers, and ties for men. The brand's main target audience is men over the age of 35.[9] Zodiac is among the first formal ready-to-wear brands in India.[10]

ZOD!

Launched in 2002,[11] ZOD! primarily sells casual men's shirts and party wear targeted toward young adults.[12] The brand's descriptive indicator was chosen as “Club Wear” targeting active party goers, as well as nightclub and disco enthusiasts.[13]

The brand was strategically placed in the segment to narrow it down from the broader classification of “casual wear”, due to the growing popularity of nightclubs during the time.[11] The brand was launched with the slogan, “ZOD! - Are you game?”.[12]

z3

Launched in 2008, z3 is ZCCL's third brand,[11] positioned as a youth-centered, casual wear brand. z3 includes shirts, braided belts, and socks, as well as pre-washed cloths made in Egyptian cotton with a "Trademark Vintage Wash".[11]

Notes and References

  1. News: Pandey . Piyush . Zodiac eyes Swiss, Canada mart . 17 May 2024 . Rediff . en.
  2. News: Zachariah . Reeba . Zodiac To Merge With Mayfair . 17 May 2024 . Business Standard . 31 August 2000.
  3. Web site: Bombay Stock Exchange - Zodiac.
  4. News: Zodiac Clothing Company Ltd. . Business Standard India . 2021-12-28.
  5. Web site: Zodiac Clothing Company History Zodiac Clothing Company Information. 2021-08-11. The Economic Times.
  6. Web site: Zodiac Clothing Company Ltd. Annual Report 2017-18.
  7. Web site: ZCCL.BO - Zodiac Clothing Company Ltd. Profile. 2021-08-11. www.reuters.comundefined. en.
  8. Web site: Livemint. 2017-08-21. 70 years of Indian advertising. 2021-08-11. mint. en.
  9. News: Iyer. Byravee. 2009-03-10. Zodiac: Designs on the youth. Business Standard India. 2021-08-11.
  10. Web site: Gulati. Gurbir Singh. 2019-09-18. Formal Shirts Market Analysis: Current trends and future mapping. 2021-08-11. Indiaretailing.com. en-US.
  11. Book: Keller. Kevin Lane. Strategic Brand Management: Building, Measuring, and Managing Brand Equity. Parameswaran. M. G.. Jacob. Isaac. 2011. Pearson. 978-81-317-5689-8. en.
  12. Book: Parameswaran, M. G.. FCB Ulka Brand Building Advertising: Concepts and Cases. Tata McGraw-Hill Education. 978-1-259-00698-2. en.
  13. Book: Parameswaran, M. G.. FCB Ulka Brand Building Advertising: Concepts and Cases. Tata McGraw-Hill Education. 978-1-259-00698-2. en.