A long way to go for proportional representation of women in the regional beverage industry…but it’s headed in the “right direction”


November 10, 2023 | By Rupkatha B

Trupti Majethiya, Co-founder & Managing Director, Royal Spirit

The alcoholic beverage space in the region has always been male dominated. There is still a long way to go for proportional representation of women in the regional beverage market that’s, but it’s headed in the right direction, feels Trupti Majethiya, Co-founder & Managing Director, Royal Spirit.

“Women are breaking new ground across sectors in the region, smashing glass ceilings. I anticipate a more inclusive future in the beverage industry as well. While our core proposition is delivering a premium buying experience, at Royal Spirit we are equally committed to promoting diversity and equal opportunities. We welcome and support women looking for employment or collaboration opportunities and remain open to initiatives that foster diversity within our industry,” she added.

So, does Royal Spirit do?

A new entrant in the UAE’s beverage landscape, Royal Spirit is rubbing shoulders with some well-established names offering over 1,000 wine labels and 700 beverage brands.

“There’s something for every taste and budget. From social drinkers to connoisseurs, everyone will find what they seek, all while enjoying a memorable luxury buying experience. We also love getting involved in our community, teaming up with leading hospitality brands offering unique experiences, and supporting sustainability initiatives that resonate with us,” Majethiya elaborated.

Asked what drove her decision to enter the UAE beverage market that already has a few strong players, she said, “Having studied the processes and dynamics of the beverage market, we saw an opportunity for a differentiated approach through curated beverage selections, luxury shopping experiences and the power of community. Our passion for high-quality beverages and our commitment to offering a distinctive experience that will transcend a transactional exchange inspired our entry. In many ways, we side-stepped a big chunk of the traditional beverage market and carved a new niche.”

However, Royal Spirit’s journey so far hasn’t been free from challenges. In this context, Majethiya shared some lessons that she has learnt in a short while.

“One major challenge was navigating the complex landscape of licences, permits and regulatory compliances. Establishing our unique model — from sourcing to doorstep deliveries — was also a major challenge. However, these challenges reinforced the importance of meticulous planning, adherence to regulatory requirements and the use of technology to streamline operations. We drew up a well-structured blueprint backed by technology. After the stage was set, we have only been looking ahead to deliver on our promises to the customers.”

Looking ahead, Royal Spirit has robust growth plans for the next 12-24 months.

To begin with, the brand is all set to launch the Royal Spirit app to offer customers the convenience of shopping for beverages on mobile phones. “We are also strongly focused on expanding our market presence, both regionally and internationally. This expansion will involve increasing our distribution to new regions and exploring promising international markets where we believe our unique luxury experience can make an impact. Our product emphasis will be on limited editions and exclusive releases. That aside, we will lean on our strong commitment to sustainability, community engagement and collaborations with leading hospitality brands,” Majethiya concluded.

Top three beverage trends to look out for in 2024, as shared by Mark Demyan, General Manager, Royal Spirit

  • More craft and artisanal offerings: The craft beverage trend continues to rise, with unique and limited-edition releases gaining traction. Consumers are seeking one-of-a-kind, artisanal offerings, and beverage brands are eager to meet this demand by employing distinctive brewing techniques. More innovation is expected in this space in the next few years.
  • Personalisation and technology integration: Technology is enhancing the beverage buying experience. Augmented reality (AR), smart shelves and seamless online ordering are becoming more prevalent, bringing personalised customer interactions and convenient access to a wide range of products. Direct-to-consumer (DTC) beverage sales are experiencing significant growth and will be further boosted as technology evolves over the next few years.
  • Sustainability focus: Environmental consciousness will take centre stage in a more meaningful way. Beverage producers are adopting eco-friendly practices, from responsible production and sustainable packaging to ethical distribution. Consumers will increasingly favour brands that prioritise minimising their environmental footprint.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Sunil Kumar and Ali Saeed Juma Albwardy, Spinneys

One of UAE’s leading fresh food retailers, Spinneys has announced its intention 

Continue Reading

April 19, 2024 | By RetailME Bureau
Laura Manning, Managing Director & Founder, BRW Society

Launched in 2019 by Laura Manning, UAE-based homegrown brand BRW Society completes 

Continue Reading

April 5, 2024 | By Rupkatha B
Rajiv Warrier, Chief Executive Officer, Choithrams

Since the launch of its first store in the UAE five decades 

Continue Reading

March 20, 2024 | By RetailME Bureau
Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC

Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC holds 

Continue Reading

February 29, 2024 | By Rupkatha B
Hani Weiss, Chief Executive Officer, Majid Al Futtaim Retail

In 1995 regional retail conglomerate Majid Al Futtaim introduced Carrefour to the 

Continue Reading

February 26, 2024 | By RetailME Bureau
Prashant Parameswaran, Managing Director and Chief Executive Officer of Tata Consumer Soulfull

Tata Soulfull, a leading name in the ‘good-for-you’ snacks and breakfast cereals 

Continue Reading

February 22, 2024 | By Rupkatha B
Jean-Luc Graziato, Chief Commercial Officer of Majid Al Futtaim – Retail and Alia Al Harmoodi, Acting CEO of the Environment, Health and Safety Agency

Majid Al Futtaim – Retail, which holds the exclusive franchise to operate 

Continue Reading

February 20, 2024 | By RetailME Bureau
Krishna Dhanak, Managing Director, Alpen Capital

In an exclusive interview Krishna Dhanak, Managing Director, Alpen Capital shared insights 

Continue Reading

February 19, 2024 | By Rupkatha B
Majed M. Al-Tahan, Co-founder & Managing Director, Danube Online

As digital transformation across the retail industry continues to accelerate, the expectations 

Continue Reading

December 19, 2023 | By RetailME Bureau
Frederic Levy-Perrault, CEO, Al Raya Supermarket

Saudi Arabia-based grocery retail chain Al Raya Supermarket serves over 100,000 customers 

Continue Reading

December 15, 2023 | By RetailME Bureau
Ahmad AR. BinDawood, Chief Executive Officer, BinDawood Holding

BinDawood Holding has a rich Saudi heritage, spanning over 50 years, 38 

Continue Reading

December 13, 2023 | By RetailME Bureau
Majid Al Futtaim Retail commits to Collaborative Impact Goals at COP28

Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour 

Continue Reading

December 8, 2023 | By Rupkatha B




Download Images RetailME Magazine