HRX takes the fitness test

Banking heavily on the burgeoning market for fitness wear, Hrithik Roshan is taking his clothing brand from digital to physical stores and extending it to accessories and gym gear

HRX takes the fitness test
Urvi Malvania Mumbai
Last Updated : Jan 06 2016 | 9:25 PM IST
Business does not run deep in the Bollywood bloodline. Rarely have successful movie stars made the transition from screen idols to business mavens. Hrithik Roshan, the latest in the line of business hopefuls from the film industry, is keen to buck the trend. His brand of fitness wear called HRX was launched in 2013 exclusively on online fashion portal Myntra and is now being rolled out in physical retail stores. While the date of the launch is still under wraps, the company says that HRX branded gym wear for men and women should be in stores later this year.

The HRX story will be watched closely by many, for Bollywood stars have rarely made the transition from movies to business. While many have successfully reinvented themselves as brand endorsers, lent their names to real estate projects and hotels and invested in sports league teams, only a handful have walked the entrepreneurial talk. Of course, there are exceptions; Twinkle Khanna, Suniel Shetty, Sunny Deol and several others have been more successful with their businesses than their film careers.

Launching a celebrity brand in India was a gamble agrees Afsar Zaidi, director, HRX and founder and MD at Exceed Entertainment (a talent management company). However, the team had identified three key areas that needed to be ticked off. The product needed to resonate with Roshan as a public figure, had to be contemporary and there had to be longevity, beyond the individual. The brand had to outlive Hrithik's stardom.

Zaidi said, "Hrithik is very passionate about fitness. It has played a vital part in his life. So when we sat down to ponder over possible business ventures for him, fitness wear and accessories were the obvious choice." The idea of HRX germinated almost five years back in 2010. The next two and a half to three years were spent in research, in partnership with IMRB, about what audiences relate to with respect to Roshan and what categories of products could be explored for a business venture.

Research showed fitness, dance and fashion as being the key characteristics that resonated with Roshan in the audience's mind and thus a fitness and lifestyle brand made sense. Zaidi added, "For a celebrity brand to be successful, it is important that consumers see the brand fit. It is different from brand endorsement; there is more ownership here."

The brand started out as an online property, and the response the HRX team claims, has been phenomenal. According to Zaidi, HRX would touch the Rs 100 crore sales mark in 2015-16 when revenues more than doubled as compared to the previous year.

The next step would be to expand the portfolio of products under the label. Footwear and fitness clothing (leisure and active wear) collections are set to go on sale in the first half of 2016. Along with this, the women's fitness wear portfolio will also see an expansion. The team also wants to take HRX into other categories, extensions of the brand are being explored in the space of home work-out equipments, fitness and fashion accessories, innerwear, male grooming products and tech accessories/wearables.

Zaidi and his team are also planning a series of promotional initiatives. Recently HRX was associated with a mountain bike race championship, the MTB Himalaya Challenge, and with the FC Pune City in the Hero Indian Super League. It has also worked extensively with athletes in the Paralympics that took place in 2015. The next step would be to sponsor a sports event.

Roshan is not the only face that will back the brand, even though it is named after him. Tiger Shroff came on board as an endorser in 2015 and will helm HRX's campaigns that take off on dance and fitness. Shroff has been signed on for a multi-year contract at roughly Rs 1 to 1.5 crore a year, HRX is his first major brand endorsement. Going ahead, the brand may look at more television properties to associate with. It is also looking for more brand endorsers. As the team atHRX pulls out the stops to build a fan following in the cities and in small towns in 2016, all eyes will be on the dancing star's brand's new moves.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 06 2016 | 8:52 PM IST

Next Story