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

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Dharmendra Shah
Ozone PB Spintex Limited

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

Mark Paterson
Technical Absorbents Ltd

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search