Little Red signs deal with Giuseppe Zanotti
The two luxury footwear brands – based in Kenya and Italy – Little Red and Giuseppe Zanotti, have signed an exclusive deal.
Little Red will soon have the rights to sell Giuseppe Zanotti footwear across East and Central Africa.
The African company acquired its first product stock from the shoe label this month, allowing Nairobi’s Little Red outlet at the Yaya Centre to sell the footwear.
The Italian designer’s products range from Sh80,300 (US$800) to Sh34,000 ($3,200).
“Little Red is the exclusive retailer of Giuseppe Zanotti products in East Africa and we managed to stock up the first collection of the products this month after the pre-order,” reported Alykhan Fazal, Little Red Sales Director.
“The products are very popular among young and fashionable people who like keeping up with the latest trends and celebrity style. From our insight the brand appeals to bold personalities that do not mind being flashy,” he added.
“The presence of international brands in Kenya is slowly exposing locals to luxury brands. We have noted a trend where slowly Giuseppe Zanotti brand is also getting popular especially among fashionable, well-to-do ladies.”
Giuseppe Zanotti is popular throughout West Africa, whereas the east of the continent is still getting accustomed to the brand.
Through this deal, as well as other recent luxury contracts, Kenyans will no longer have to travel to Europe or Dubai in order to shop for high-end brands.
5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly
Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.
Here, Business Chief talks to Janthana about her leadership style and skills.
What do you do, in a nutshell?
I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.
How would you describe your leadership style?
I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.
What’s the best leadership advice you’ve received?
Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.
How do you see leadership changing in a COVID world?
I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.
They say ‘from every crisis comes opportunity’, what opportunities do you see?
The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless.
What advice would you give to your younger self just starting out in the industry?
Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.