BUSINESS
Twenty a day! That is how many Rs 100 fake Indian Premier League (IPL) jerseys street vendor Amit Pandey is selling in Mumbai’s Fashion Street.
Teams seem to have underestimated consumer appetite for jerseys
MUMBAI: Twenty a day! That is how many Rs 100 fake Indian Premier League (IPL) jerseys street vendor Amit Pandey is selling in Mumbai’s Fashion Street, even though the tournament has ended.
Strangely, it is not the local team Mumbai Indians or the champions Rajasthan Royals whose jerseys are topping his sales charts. It is Shah Rukh Khan’s Kolkata Knight Riders gold and black that seems to have struck err… gold.
Imitation is the sincerest form of flattery. If that is the case, the popularity of fake IPL jerseys on the streets of Mumbai should make team-owners break into a jig. But the first season seems to have been an opportunity missed for IPL merchandise as teams underestimated the demand. This meant that the supply didn’t match the demand and fakes flourished.
No amount of raids and policing by authorities and organised brands such as Reebok can kill this illegal competition. Try asking for a Chennai Super Kings jersey at any stall in South Mumbai’s Colaba Causeway and a dozen will pop out of nowhere.
“Just tell us what you want and we’ll get it. We have to hide the stock or else we’ll be in trouble,” said one of the vendors.
The manager of a Reebok store in South Mumbai admitted that the Rajasthan Royals jersey had entered its shelves towards the end of the tournament. “Chennai Super Kings came on the day of the final. But we had people asking for merchandise throughout the tournament,” added the manager.
The mismatch didn’t prevent a Reebok outlet in suburban Mumbai from earning a cool Rs 15 lakh from IPL merchandise, mainly jerseys and t-shirts priced between Rs 999 and Rs 1,500.
Rebook has been retailing kits of teams such as Kolkata, Rajasthan, Chennai and Bangalore.
According to Kolkata Knight Riders’ team director Joy Bhattacharya, the team’s superstar owner Shahrukh Khan is behind the success of its merchandise. “People in Kolkata might have bought the merchandise for the team. But for those outside Bengal, the big draw was Shahrukh,” he said.
Bhattacharya felt that the team’s merchandise was directly associated with King Khan and so, fans lapped it up. His solution to the piracy problem is affordability of the genuine merchandise.
Other sports brands such as Adidas too were caught unawares by the demand.
Adidas India director of marketing Hartwin Feddersen said the sales of IPL merchandise significantly surpassed the company’s expectations. “During the next 10 months, new merchandise will be made available,” he added. Adidas has under its belt Mumbai Indians and Delhi Daredevils.
However, the IPL bug hasn’t bitten every sports retailer. Some feel that taking this concept to the European football levels will take some time. Planet Sports chief executive Ravdeep Singh said the company’s outlet neither store IPL merchandise nor plan to. “I think merchandising business is at least two seasons away. It will take that long for people to bond with a team and become die-hard loyalists,” he added. Planet Sports claims to have sold an average of 3,000 jerseys a team for the upcoming Euro 2008, which kicks off June 7.
His views are shared by sales staff in a Nike store. According to them, even though India loves cricket, it’s European football team jerseys that sell faster. The sales of Nike Indian cricket team kits pale against those of football clubs like Manchester United, a hot favourite among urban youth.
Experts add that there are other challenges in tapping the mass market. The high price of the original merchandise is one and consumer behaviour is another. Sample this exchange between college-goers, overheard in an upmarket Reebok store —“Arre, Woh Knight Riders jersey mein toh Nokia likha hai. Woh toh unka sponsor hai. Hame thodi paisa deta hai. (They have written Nokia on the Knight Riders kit. They are their sponsors. They’re not paying us).”
s_tanvi@dnaindia.net
j_nirmal@dnaindia.net
Delhi Assembly Elections: AAP releases first list of 11 candidates for 2025 polls
Adani Group's FIRST REACTION after US indicts Gautam Adani in alleged bribery case
Instagram introduces new feature, know how to reset app's algorithm, change your feed
Oppo Find X8 and X8 Pro launched in India, check specifications, price, other details
Charges against Gautam Adani: BJP's scathing attack on Congress, questions timing of development
Jasprit Bumrah's BIG statement on taking up Perth test captaincy, says, 'tactically better...'
Blackout on breaks: Company imposes no-sick-leave policy until 2025
Drug-laden terrorists on India's western, northern frontiers
Mohammad Shami trolls Sanjay Manjrekar over IPL auction bid prediction, says, 'Baba ki...'
IND vs AUS Test: When and where to watch 1st match of Border-Gavaskar trophy, know details here
CAQM amends Grap Stages III, IV, enforces stricter measures in Delhi-NCR amid air pollution woes
Malayalam actor Meghanathan passes away at 60 after suffering from...
Adani Green Energy's FIRST reaction after US indicts Gautam Adani in alleged bribery case
'Keep me out of...': Pakistani Instagram star Mathira on MMS leak controversy
Delhi Air Pollution: AQI marginally improves from 'severe' to 'very poor' category
'I love him, he loves me! Why hurt...': Rekha's bold confession about Amitabh Bachchan goes viral
Meet man, IITian who built Rs 5493 crore firm, has this Mukesh Ambani connection, he is from...
Shillong Teer Results TODAY November 21, 2024 Live Updates: Check winning numbers here
‘I didn’t have time to…’: When AR Rahman revealed having ‘agreement’ before marriage to Saira Banu
Viral video: Woman's sizzling belly dance to 'Namak' impresses internet, watch
Hardik Pandya banned, Mumbai Indians captain to miss first match of IPL 2025 due to...
Meet man who studied at IIM, IIT, then built Rs 1160000000 company, got inspired by…
Meet woman, who quit as dentist for UPSC exam, became IAS officer with AIR...
Viral video: Little girl steals hearts with her adorable dance to 'o meri cutie', watch
Gautam Adani's company signs another pact to acquire 100% stake in...
CBSE Date Sheet 2025 announced: Class 10, 12 board exams to begin from...
Apollena: Aditi Sharma on how space-based drama encourage young girls, says 'no matter how many...'
Is Mia Khalifa dating ex-Man City star Julian Alvarez? Former adult star says 'It certainly...'
IPL 2025 auction RTM rule: How this year’s right-to-match card is different from previous seasons
'Virat Kohli is trying to...': Shoaib Akhtar makes BIG statement on Champions Trophy 2025
Maharashtra Election 2024: Mukesh Ambani and family cast their votes in Mumbai
Centre revises performance-linked incentive scheme for THESE employees; check details
Manipur violence: Prohibitory orders to be relaxed in Imphal Valley for 7 hours
Jharkhand Exit Poll Results 2024: 36-41 seats predicted for BJP, JMM to secure…
Elon Musk faces big threat after million of users switch from X to Jack Dorsey's Bluesky
ICC Rankings: Hardik Pandya reclaims No. 1 T20I all-rounder spot, Tilak Varma enters top 10
DNA Verified: Is retirement age for central govt employees increasing to 62? Know truth here
Android 16 preview unveiled by Google: Who can access it? Here's all you need to know
Anti-pollution diet: Foods that can help fight air pollution naturally
Tech millionaire Bryan Johnson's face 'blows up' after anti-aging experiment; here’s how
Expanding Horizons: GOCL Corporation’s Strategic Diversification in Electronics and Metal Cladding
TrezarBit App Review 2024: Legit Trading Platform? Quick Facts!
Meet man who worked closely with Isha Ambani, Mukesh Ambani, set to take new role as...
Meet man, lifted bricks 8 hours a day, cracked NEET by studying on broken phone, he scored...
US embassy in Kyiv shuts down after receiving warning of 'potential significant' Russian air attack
Anil Ambani's next BIG step, Reliance Group announces new plan for...
Jaguar reveals new brand logo, identity ahead of EV debut
Playing with Fire: Will Putin risk nuclear Armageddon before Trump takes office?
Gautam Adani's BIG Rs 16877 crore plan to take on Mukesh Ambani, set to build Mumbai's largest...
Ranjit Kumar Gupta: Pioneering communication in a connected world