Udaipur, 8
June 2022.
Nexus Malls, India’s largest retail platform
with nearly 10 million square feet of Grade A shopping centres across 13 major
cities, has consolidated its 17 retail properties under one new brand identity.
This marks one of the most significant transformations in the history of
organised retail in India and Nexus Malls’ commitment to putting customers
first.
The new
brand identity seeks to strengthen ties between employees, retailers, and
shoppers of the Nexus Malls platform and increase its awareness. The new logo
is modern, bold, and inviting, reflecting Nexus Malls’ vision of better
engaging with existing and future customers. Each vivid colour of the logo
signifies different emotions and concepts including joy, excitement, freshness,
life, and magic – and most importantly, happiness.
Speaking on the occasion, Dalip Sehgal, CEO, Nexus Malls said,
“The new identity brings to life our promise of ‘ Har Din KuchhNaya ‘, a
promise where we will bring something new, unique and personal every day to our
130+ Mn consumers . Moreover, the rebranding will help in ensuring greater
cross functional synergies. This ascertains that everything we do revolves
around our values of Customer Centricity, Caring, Innovation & Excellence
.”
The
organised retail industry has been enormously impacted by lockdowns and social
restrictions of the pandemic. This has encouraged Nexus Malls to quickly
rethink its business strategy and find innovative ways to minimise disruptions
and restore confidence in Indian business owners and shoppers.
“We are thrilled with the kind of
confidence reposed by our patrons resulting in continuous recovery and
sustained growth. Presently, we have recovered over 130% of sales and more than
100% footfall at portfolio level”, Sehgal
added.
The
consolidation into one name, Nexus Malls, comes after the strong acquisition
momentum, including eight shopping centres from Prestige Group in 2021. Nexus
Malls has since grown into India’s largest and most diversified retail
platform.
To better
connect with shoppers, Nexus Malls has started rebranding its retail properties
starting with South India in May 2022. The rebranding launch will be celebrated
through a range of engaging events over the next few months connecting Nexus
Malls customers around the country.