Ranjan Salis, CEO Renarte Hospitality Supplies, talks about his company’s plans for the market in the region…
WHAT ARE THE NEW BRANDS THAT YOU ARE PROMOTING?
Renarte is proud to announce the exclusive partnership with Wedgewood and Waterford in UAE and Oman.
WHAT MAKES EACH OF THESE BRANDS SO UNIQUE?
Each of them are formidable in their own right, having stood the test of time, their strength & presence on the retail segment adds to their brand value. Apart from that Wedgwood Bone china has a unique ability to come up with bespoke designs very quickly and with plenty of options whatever be the concept.
WHAT ARE THE CURRENT TRENDS IN THE SECTOR AND HOW IS RENARTE AT THE FOREFRONT OF THOSE TRENDS?
We have noticed a new consciousness from buyers nowadays, design and orientation has taken the first place wherein price is still a deterrent factor on the second. To balance the two is something which requires constant market research and making those products more accessible.
With technology at the forefront, we noticed buyers taking inspiration from all over the world for design using mobile or desktop platform, we have recently upgraded our website to make it more user friendly and accessible to our clientele. We work with numerous brands and sometimes not all get products get showcased the way they should, we hope to overcome that continuously upgrading our product list to make this feature easily accessible to all our clients.
HOW DO YOU SEE THE NEXT 12-18 MONTHS PLAYING OUT FOR RENARTE IN THIS REGION?
There are a lot of opportunities on the anvil, we see ourselves strengthening our position by careful selecting the partners we work with. We see a huge push towards completion of projects and the arrival of more & more new restaurant concepts. However, one must be prudent while working with previously unknown operators as there is a risk of bad debt.
HOW DOES THE MARKET HERE IN THE GCC DIFFER FROM OTHERS ACROSS THE GLOBE?
From my personal experience over 20 years in the supply business, this market doesn’t stop whatever the global sentiment, it is buoyant, resilient and ever optimistic, this is what differentiates the GCC from other markets across the globe.