Home / Knowledge / News / Apparel/Garments / Reliance Trends plans 25 new outlets by March-end
Reliance Trends plans 25 new outlets by March-end
13
Jan '12
Reliance Trends, the fashion apparel division of Reliance Retail, proposes to open 25 new outlets and increase the number of its outlets in India to over 100 by end of March 2012.

Speaking on the sidelines of a retail summit, Mr. Akhilesh Prasad, Senior Vice President and Head of National Operations of Reliance Trends Ltd., said the 75 outlets of the company are already operational in the country at present, and this number would rise to over 100 by close of current fiscal year.

He stated that the company proposes to start a number of outlets in the eastern region of the country. The retail arm launched 11 outlets in the eastern region this year and intends to take this number to 25 by end of next fiscal year, he added.

Further, talking about the company's plan about adopting the franchise model, Mr. Prasad said that they are still in a trial phase. He said that they have already undertaken a couple of pilot projects on this model and intend to start some franchises.

Several people have applied for franchise with the company, Mr. Prasad said and added that they are deliberating on their findings and working to improve their models to reduce flaws.

About starting franchise model on commercial basis, the official said, it may happen during next fiscal year, but much would depend on the performance of the outlets started on trial basis.

Fibre2fashion News Desk - India


Must ReadView All

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

Courtesy: Tintex

Textiles | On 21st Jun 2018

'Price ratio is key factor for knitted fabrics market'

The price ratio is a key factor for the global knitted fabrics market ...

Interviews View All

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Eric Scholler
Groz-Beckert

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Robert Brunner
Devereux

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

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