The entire globe is developing at a very fast pace and there are tones of opportunities all we need is skill and potential to grab those opportunities. One such field will be well described in this article, the field of Fashion lifestyle and retail management. This field expands its wings out in different horizons and helps us molding our career as a Fashion adviser, retail marketing executive, visual merchandiser, store manager, store director, Fashion stylist and many more. This diploma program has been designed focusing the retail industry needs, with an emphasis on Fashion and Lifestyle products. The Retail Industry is the second largest employer next only to the agriculture industry - This industry currently employing more than 35 million people. The retail industry encompasses, a large segment of industries - ranging from food and Grocery – Farm and Agricultural products – Fashion and Lifestyle – Automobiles and Transportation of goods – home and interiors and others. The aim is to ensure that the student acquires and absorb not only product knowledge, but also learn the nuances of customer service and acquire customer experience management skill as per industries expectations. The Fashion Industries is used to refer to myriad industries and services that employ millions of people internationally. If you want to pursue a career in this field then this article will be beneficial for all those readers.
COURSE STRUCTURE AND ELIGIBILITY
This program is a two year comprehensive, holistic, industry oriented course that trains the students and develops them as professionals in the field of Fashion and lifestyle retail management by inculcating extensive knowledge, behavioral skills in the core area. It trains students to be professionals who have the capacity to conceptually and critically think and analyze complex problems to propose intelligent and compatible solutions in the fashion retail practice. This two year program has been well divided into four semesters. The first two semester deals with academic session while the rest two sessions includes job training along with academics. The fourth semester intensively focuses on full time internship in the industry.
The course framework is structured to be responsive to the needs of galloping growth of Indian and Global Fashion & Lifestyle Retail Industry.
During these two years students will gain proficiency in -
· Basics of fashion , history and evolution
· Basic understanding of textile and garmenting industry.
· Fashion marketing and merchandising.
· Retailing supply chain management
· Retail stores operation and management
· Technology in retail
· CRM in retail
· Visual merchandising
Candidate must have a bachelor degree in any discipline to pursue this course. Apart from this they must have keen interest in fashion retail industry. Institute gives priority to those candidates who are passionate about the field and atleast have basic knowledge of the field. Candidates with good communication skills and personality can frame their career as a good store manager.
WHY FASHION LIFESTYLE AND RETAIL?
· Nearly 33% of organized retail consists of fashion apparel.
· Nearly 30% of contribution to e-commerce is attributed to fashion.
· International fashion brands are in race to entre India.
· Fashion retail sector is expected to create 10-15 million jobs in next 5 years.
Once you get into the course it will open doors in national and international fashion and retail industry. Students can join fashion store, bridal fashion store, high fashion outlets, multibrand store, concept store, malls or megamalls. Apart from all this there are many job opportunities in the field of retail. Fashion adviser, retail marketing executive, visual merchandiser, store manager, store director, Fashion stylist etcetra. If you develop you skills and passion for retail.
Every year the luxury sector is having an increment of 20% in retail. By the year 2020 around 28lakhs employments will be there in this field. The founder and CEO of LCBS - Mr. Abhay Gupta says that the field of fashion and lifestyle retail is a complete new genre for the students. This field still lacks skilled and passionate people. This field has immense opportunities and possibilities for the students and will prove to be a good platform for the youth to showcase their potential.
SALARY AND INCOME
Once the students are sent for internship in the leading firms they are paid a stipend of around - 10 to 15 thousand. As a new face to this industry they get paid around 20 - 25 thousand which keeps increasing with much and much experience earned.
Ø LUXURY CONNECT BUSINESS SCHOOL, GURGAON - HARYANA
Ø INDIAN RETAIL SCHOOL, NEW DELHI
Ø BIMTECH, GREATER NOIDA-UP
Ø INDIAN INSTITIUTE OF MANAGEMENT AND STUDIES , MUMBAI