TORERO aims to bring world class Leather Goods carrying global Brand names at prices that consumers love.
Torero Corporation was founded by Yashovardhan Gupta and his ISB MBA batch-mate - Varun Narayan in the year 2012. Yashovardhan felt that due to market congestion, slowdown in Europe and the lack of consumer propensity for leather products, the leather industry was suffering and needed some massive change and that's when Torero Corporation was founded.
Torero currently has exclusive global licenses for some very powerful luxury brands such as POLICE, CROSS, COSMOPOLITAN, Swarovski IB; for the leather accessories category. TORERO offers an end to end solution to these brands with leadership in design, manufacturing and distribution of Shoes, Bags and Accessories. Their products are showcased with high end retailers such as Harrods, John Lewis, Shoppers Stop, Takashimaya, El Corte Ingles &GaleriaInno. Within 4 years, TORERO has built a massive global footprint with its products being sold from more than 1500 Points of Sale across 50 countries. In India alone, TORERO's brands are present in more than 250 Points of Sale. With a Production capacity of over 2 lakh products a month, Torero is in a great position for global expansion. Without doubt, Torero Corporation has become one of the fastest growing Fashion Houses in India, and has placed Kolkata on the global map.
It is also the only Indian company to have received the prestigious Red Dot Design Award two times in a row – in 2015 & then in 2016 in the Product Design category. The Red Dot Design Award is often referred to as the Nobel of Design, it has been held since 1955 and it is arguably the biggest design award in the world. The competition is open to several categories including technology, applications, automobiles, fashion and accessories.
Torero successfully launched its first multi brand outlet namely BRAND BOULEVARD in Phoenix Market City, Kurla, Mumbai on the 20th of August. It offers a wide array of global brands like CROSS, POLICE, COSMOPOLITAN, etc. BRAND BOULEVARD is a unique step aimed at bringing the Indian consumer up to par and then some more with its huge leather accessories product pool.
Fashion accessories industry is one of the fastest growing especially in the bridge to luxury segment which is the space that Torero Corporation is operating in. Competitive activity in this segment is average and allows all companies to grow steadily.
Says Yashovardhan Gupta “ The leather accessories market is yet to have its share of revolution and we are aiming to pull down the entry barrier for global brands to ensure fair play for global brands looking to diversify into equally diverse categories. We offer a one stop solution as we let the brands watch their brand grow while we take up the end to end process. This essentially means everything from sourcing to designing to marketing & distribution.”
Torero Corporation is aiming at more global brand acquisitions in the future. They are going to launch new deigns under the pre-existing brands and plan to open new EBOs. The product reach is expected to be ubiquitous, covering the entire global market.
Torero is a true 'Make in India' enterprise maximizing employment as one of its core corporate objectives. It holds high employment generating capacity. The attrition rate has decreased over the years and the number of employees hired keeps increasing due to the massive expansion. TORERO aims to become a global fashion powerhouse and empower its employees on its way; resulting in ever improving customer experience.