Home / Knowledge / News / Apparel/Garments / Max Fashion expects Rs 1800 cr turnover this fiscal
Max Fashion expects Rs 1800 cr turnover this fiscal
14
Mar '16
Courtesy: Max Fashion India
Courtesy: Max Fashion India
Max Fashion, a fashion brand from the Dubai-based Landmark Group, expects to clock a turnover of over Rs 1,800 crore this fiscal owing to its recent strategic expansions, according to media reports.

The brand opened its first store in India in 2006 in Indore. It now operates 135 stores across 50 cities of the country, Vasanth Kumar, executive director of Max Fashion India said at a press conference organised in Hyderabad during the brand’s tenth anniversary celebration.

Max has preferred to establish itself as a reasonably-priced brand for the Indian youth, and is focusing on middle-class consumers, especially in the age group of 18 years to 25 years. It generates approximately 30 per cent of its revenue from this age group.

Working in this direction, the brand plans on opening youth-format stores, with imported collection, in six major locations across the country. It will be adding 35 stores in total in FY 16-17, 8 new stores being in Andhra Pradesh and Telangana.

The brand has presence across all major cities in the country, and is continuously adding more stores. (MCJ)

Fibre2Fashion News Desk – India


Must ReadView All

US commerce department finds dumping of low melt PSF

Textiles | On 20th Jun 2018

US commerce department finds dumping of low melt PSF

The US department of commerce (USDC) has announced affirmative final...

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mark Paterson
Technical Absorbents Ltd

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Robert Brunner
Devereux

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

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

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