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    Jay GuptaFounder & MD, The Loot India Pvt Ltd.

    E-nlighten

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    Jay Guptas Profile

    Education

    SIES College, MumbaiGraduate , 1995 1999

    Dr. Grahams School (Kalimpong- Darjeeling)SSC , 1984 1988

    Current PositionMD, The Loot India Pvt Ltd.January 2004 Present (6 years 10 months)

    Current LocationMumbai

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    Jay Guptas Honors

    2010 Young Entrepreneur Award at the 15th National SME EntrepreneurshipExcellence Awards.

    Star Entrepreneur Award at the International India Innovation Summit 2009.

    Critics choice for Pioneering Effort in Retail Concept Creation award at the

    Images Fashion Awards 2009.

    "Young Retail Achiever Of The Year Award at the REID & TAYLOR

    AWARDS for Retail Excellence 2009.

    Star Youth Achiever Award 2009at the Global Youth Marketing Forum.

    TATA NEN Hottest Start up award in 2009

    The TiE & Lumis Partners Entrepreneurial Excellence Award at TiEcon 2009

    "Young Achiever of the Year" Award at the Global Awards for Brand

    Excellence 2009 . CMO Award at The Conference on Marketing by World Brand Congress,

    2009

    Best in Category Retail Value Award at the Franchise Award 09 7thAward for Excellence in Franchising and Business Development in 2009.

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    The Loot Concept

    The Loot is a multi-brand, multi-locational discount chain offering customers awide range of products in apparel, footwear and accessories for men, womenand kids with discounts ranging between 25% and 60 % throughout the yearon top national and international brands to meet the aspirations of thecommon man at an affordable price.

    The store retails brands like Reebok, Puma, Levis, Red Tape, Lee, Wrangler,Spykar, Allen Solly, Van Heusen, Eccentrics, Gini & Jony, Lilliput, BusStopand many more in all about 100 brands.

    The LOOT's strength as a retailer lies in proper procurement & an excellentsupply chain management. This helps in getting better pricing from themanufacturer and thereafter passing the benefit on to the consumer.

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    Quick Facts

    Jay piloted the concept by having stalls at exhibitions where he observed thatpeople prefer value for money shopping even for branded garments and thats

    how he got the idea

    The first Loot store was opened in Mumbai at Marine Lines in 2004

    Jay started The Loot with an investment of Rs 5 crores, out of which Rs 4crores was raised through bank loans. The Year-on-Year growth over the lastthree years has totaled 85%

    Currently operates 145 stores in 80 Tier I, Tier II cities in 24 states

    More than 300000 square feet area(built up) under operations Introduced in house brand Eccentrics and Bus Stop

    Centralized ware house of 100000 sq. ft.

    Total employee strength : 592

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    Future Plans

    IPO in due course Launching of a few more private brands

    Aim for 100% Y-O-Y growth

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    For more informationvisit

    http://www.thelootstores.com/