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

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Arvind Saraf
Triveni Sarees

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search