Skip to main content

Fashion brand icons: Ayushi Gudwani

IndiaRetailing brings you a series in which we highlight the brand icons in India’s thriving fashion and lifestyle industry. This week, the spotlight is on Ayushi Gudwani

Mumbai: No business can survive for long without a vision; even if it does, it would be susceptible to every disruption and upheaval that generally comes in its business cycle. It needs a leader who has the capacity to translate, create that vision, or make it clearer and turn it into reality. The very essence of leadership is having a vision in the first place. Moreover, as you can’t blow an uncertain trumpet, it should be clearly articulated so that they can manage and lead people. A team led by a visionary leader with a clear direction knows what it can achieve and how far it can go.

In this special feature, IndiaRetailing highlights the brand icons in India’s thriving fashion and lifestyle industry. This week, the spotlight is on…

Ayushi Gudwani

Founder and CEO, FS Life – FableStreet, Mikoto, Pink Fort

Education 

  • Engineering- NSIT, Delhi | 2002 – 2006
  • MBA – IIM Calcutta, Silver Medalist | 2006 – 2008

Career history and experience 

  • Consultant – McKinsey & Company | 2008 – 2015 
  • Founder & CEO – FS Life | 2016 onwards

Role and responsibilities 

Leading the whole business.

Strengths & weakness 

Strengths 

  • Structural thinking 
  • Empathy 
  • Ability of balance between grand thinking and microexecution 

Weakness 

While I’m a strong and logical thinker, I tend to act from heart at times.

Aspirations you want to fulfil 

Churn out multiple thousand-crore brands from FS Life.

Game changing retail technologies according to you 

  • Contactless stores 
  • Virtual trial of clothes 
  • 100% track-able supply chain

Skills that helped you succeed in this industry 

  • Ability to go deep into things allowed me to understand the AtoZ of the fashion industry without any past experience of this space.
  • Ability to balance between design thinking and customer ȱ rst approach allows us to keep growing fas

Lessons learned over the years 

  • Hire in advance. 
  • Trust people, give them a second chance, but not on ethics. 
  • Be ready to take tough decisions fast.

Your take on the future of industry 

  • Retail fashion will keep growing 
  • Branded play is going to grow bigger as per capita income rises. 
  • As internet penetration grows and people’s trust in e-commerce grows, per cent share of online retail will grow. 
  • Tier 2 and tier 3 cities are going to see a big wave of growth.

Any role model in the industry 

I admire different people for different things and don’t have a particular role model.

If you had to pen down your top 3 learnings from your career 

  • Work with good people i.e. those you can relate with in terms of values. 
  • Always think long-term. 
  • Don’t burn bridges.

Life mantra 

Life is a lot more than the work you do.

This article first appeared in Images Group’s Business of Fashion Magazine March 2023 Issue

The post Fashion brand icons: Ayushi Gudwani appeared first on India Retailing.



from India Retailing https://ift.tt/WaYpNCA
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Eagle Labs launches impirica CBD brand

ST. PETERSBURG, Fla. — Eagle Labs has launched impirica, a new brand of CBD intended to eliminate consumer fear, and increase confidence, in trying the exciting new cannabidiol category. Michael Law Although most Americans have now heard about CBD, many are very confused and concerned about product quality. This is inhibiting trial in the category and holding back conversion into sales. In fact, a 2017 study by Johns Hopkins University found that two out of three CBD products on the shelf did not contain the amount of CBD reflected on the label. Furthermore, in 2018 and 2019, the FDA sent notices to a substantial number of CBD manufacturers advising them of serious concerns about product quality or egregious medical claims. The impirica brand looks different than most CBD brands — the brand name itself connotes testing and trust, says Eagle Labs chief commercial officer Michael Law. “It doesn’t use the traditional category colors of browns and greens, and you won’t find a hemp...
70 comments
Read more

Sagar Daryani, CEO and Co-founder – Wow! Momo & Saga: From a Kiosk to a Kingdom

Sagar Daryani’s entrepreneurial odyssey from humble beginnings to pioneering success has redefined the landscape of food startups in India. Co-founding Wow! Momo, he has spearheaded the growth of the largest indigenous QSR chain in the country, crafting a remarkable saga of triumph The Genesis: A Visionary Venture Takes Root In 2008, armed with a mere Rs. 30,000 and boundless ambition, Sagar Daryani and Binod Homagai embarked on their entrepreneurial journey while still pursuing their graduation in B.Com Hons from St. Xavier’s College, Kolkata, even before their college results were out. They knew the value for money and boot-strapped to plough back profits and grow their venture. Sagar spearheaded brand expansion, brand creation, and marketing and retail operations. Grew across the city with a strong consumer focus. The early days were hard but keeping track of the money flow was even harder. Believing in the concept of ‘1 rupee saved is 5 rupees earned’, and the lessons they lear...
1 comment
Read more

Homegrown ice cream chain HOCCO to open 250 stores, eyes Rs 400 crore by FY26

Ankit Chona, Founder and Managing Director of HOCCO, delves into the company’s revenue model, growth strategies, and vision for the future… Bengaluru: HOCCO (House of Chonas Collaborative) , the Ahmedabad-based ice cream and quick-service restaurant (QSR) chain, boasts a rich legacy spanning over 70 years, with roots tracing back to pre-independence India. The Chona family has been deeply entrenched in the food industry since 1944, originally operating in undivided Pakistan. Following the Partition, Satish Chona , an engineer with British Overseas Airways Corporation, relocated from Karachi to India. After journeying through multiple cities, he ultimately settled in Ahmedabad, where he established his first QSR outlet in 1953. Three decades later, he expanded into the casual dining segment, launching a restaurant in Baroda while continuing the family’s ice cream manufacturing business. However, in 2017, the company sold its ice cream division to a South Korean firm, shifting its fo...
Post a Comment
Read more