Home / Knowledge / News / Announcement / India's Biba Apparels to double exclusive outlets by 2020
India's Biba Apparels to double exclusive outlets by 2020
08
Mar '18
Indian women's ethnic wear brand Biba Apparels will add up to 200 new stores across the country under its flagship brand Biba over the next three years, according to company managing director Siddharth Bindra. The company also intends to triple business from its value fashion brand Rangriti, launched in 2015, from the current Rs 100 crore to Rs 300 crore.

The company has 246 Biba stores and 44 Rangriti stores at present and typically opens about 30-40 Biba stores a year, Bindra told a news agency.

Rangriti standalone stores have doubled in the last two years, with a distinct focus on tier II and tier III cities. It is also sold through online platforms and multi-brand outlets. Biba also has five standalone kidswear stores under Biba Kids and plans to have 15-20 such stores in the next three years, he said.

The firm is also exploring selling fashion jewellery at the Biba stores later this year.

The company is growing its revenues annually at 30-35 per cent and is expecting to close this year with revenues upwards of Rs 600 crore, Bindra added. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search