EXECUTIVE SUMMARY
This pre-feasibility study
provides information on key facets of starting a Boutique business for Women
Designer Wear. Growing number of boutiques have become an emblem of successful
clothes business in Pakistan. Most people especially women prefer them over
ordinary garment brands. There has been a mushroom growth in women designer
wear boutiques since the last decade as they offer versatility and
sophistication. This trend is not confined to metropolis alone but has also
spread to small cities and towns. The rise is attributed to a growing middle
class, exposure to media, entertainment, movies, internet and also to a fleet
of qualified fashion designers graduating from fashion schools every year.
Aspiring fashion graduates or potential entrepreneurs may find this growing
sector a good prospect to capitalize on their potential, talent and market
opportunity.
BRIEF DESCRIPTION OF PROJECT
& PRODUCT
Boutique sector (women design
wear) has mushroomed over the last few years, mostly in posh areas of big
cities of Pakistan such as Lahore, Islamabad, Karachi, Peshawar, Quetta,
Faisalabad, Sialkot, Multan, etc. This pre-feasibility study focuses on
establishing a women designer wear boutique in any metropolis of Pakistan. The
boutique will offer a wide choice of clothes to its clientele ranging from
traditional dresses, prêt a porter casual, semi casual to formal / bridal wear.
Both traditional and western dresses tailored to local needs will be offered to
the customers. There is also a good potential for exports of Pakistani dresses
abroad also as there is a large population of Pakistani expatriates in Canada,
KSA, EU, UAE, USA and UK.
CRITICAL FACTORS Following are
the factors critical for the success of this business venture
• Selection of a good location
for the outlet.
• Ability to produce / acquire
unique designs and safe guarding such design from piracy.
• Selection of affordable and
quality raw materials i.e. fabric, accessories, etc.
• Emphasis on quality i.e.
stitching and finishing, appropriate labelling, display and packaging.
• Marketing and promotion through
various channels i.e. catalogues / pamphlets, outdoor advertisement, hoardings
/ flex signs, TV & cable ads, fashion shows, participation in exhibitions,
promotion through social media (facebook etc.).
• Right product mix, proper
inventory management, emphasis on customer services.
• Employing and retaining skilled
labor.
• Higher return on investment and
a steady growth of business is expected with the entrepreneur having some prior
experience in the related field of business.
INSTALLED & OPERATIONAL
CAPACITIES
The boutique business’s installed capacity
will largely depend on the market size it will operate in and the potential
clientele. The said women designer wear
boutique will have one (01) in-house designer / owner, 1 production manager and
1 design assistant / purchaser (detailed human resource requirement i.e. master
tailors, embroidery workers, sales persons etc. is provided in the human
resource section of the document). The project will require installing 4
machines (single needle), one over-lock machine, one embroidery machine and 2
generators (1 for the outlet and 1 for the workshop). The unit will be able to
produce 2,240 dresses. On average, a designer can draw / design 300 designs per
annum from which around 100 designs are selected on average. Breakup of the
total number of dresses will be as follows:
Total designs selected by
designer 100
Number of sizes in each design 4
Number of dresses in each size 4
Total Number of Ready Made Dresses 1,600
Made to order as percentage of
Ready Made Dresses @ 40%. 640
Total No. of Dresses 2,240
GEOGRAPHICAL POTENTIAL FOR
INVESTMENT AND POTENTIAL TARGET MARKETS
The recommended location for
setting up a boutique business will be a posh or semi-posh area of a
metropolitan city that can offer easy access of customers to the outlet. It is
further recommended that the proposed location should be taken on rent. The
target market will be the city in which the sales outlet shall be opened, however,
there is a good potential for exports of Pakistani dresses as there is a large
population of Pakistani expatriates in UAE, USA, Canada and UK.
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