Home / Knowledge / News / Apparel/Garments / Brand Factory aims to more than treble revenue by 2020
Brand Factory aims to more than treble revenue by 2020
21
Dec '16
Courtesy: Brand Factory
Courtesy: Brand Factory
Brand Factory, the apparel discount retail chain of Future Group is aiming to more than treble revenue at Rs 3,500 crore by fiscal 2020, as against a turnover of Rs 950 crore, which the retail chain reported in fiscal 2016. Brand Factory plans to accomplish this goal by investing Rs 150 crore over the next three years to open 40 new stores across the country.

“We will be expanding our footprint in cities in which we already operate, while also expanding to new cities, where we do not have a presence,” Brand Factory CEO Suresh Sadhwani was quoted as saying by a news agency.

Brand Factory currently manages 50 outlets in 22 cities and aims to open 10 more stores by the end of the current fiscal and offers discounts of up to 70 per cent discount across the year on around 200 brands. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Moments of EPA signing in Tokyo. Courtesy: Twitter handle of Jean-Claude Juncker

Textiles | On 18th Jul 2018

EU and Japan sign Economic Partnership Agreement

European Union and Japan have signed an Economic Partnership...

Courtesy: Tego

Apparel/Garments | On 18th Jul 2018

Tego plans to expand product range in 2018-19

Tego, a company that creates premium athletic gear for modern...

Courtesy: OrganoClick

Textiles | On 18th Jul 2018

OrganoClick's OrganoTex finish is biodegradable

OrganoClick AB, developer and producer of environment-friendly fibre...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Harsh Shah

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Nisha Chanda
Whistling Woods International School of Fashion

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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


July 2018

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

news category


Related Categories:

Advanced Search