Taking the silk route into electronics
Third-generation Primalanis have parlayed their grandfather's 1950s silk store, Parisilk, into a genial electronics store where customers are treated more like friends.
PARIS. Silk. Put those two words together and you have... an electronics store? Yes, says Michael Primalani. With a smile that belies a bemused man who's heard that joke countless times, he proceeded to explain how he headed a rebranding exercise to take the six-decade old Parisilk brand into the 21st century.
"I wanted to do something that was a little bit more relevant. I wanted to create a brand. And Paris Silk Store (what the shop was originally called) was a name, not really a brand," Parisilk's head of corporate sales and business development said.
"Even until the late 1980s and early '90s, we still had people calling and asking us for textiles, because of the word 'silk' in the name. They would flip through the yellow pages back then and jump on that word."
TRENDING NOW
Singtel H2 net profit down 20.9% at S$2.2 billion; telco open to Aussie minority partner in Optus
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Apex court rejects resulting trust claim in 99-1 condo dispute
Singtel seeks clarity on participating in telco consolidation after M1-Simba fallout; weighs Reit IPO