Home / Knowledge / News / Apparel/Garments / Canadian apparel retailer Point Zero goes Australia way
Canadian apparel retailer Point Zero goes Australia way
04
Apr '12
A Canada based global clothing and accessory retail major, Point Zero is set to debut in the Australian market with launch of its first Australian concept store at the end of 2012.

Followed by the launch of this outlet, launch of 10 more outlets is also on the cards of the retailer in Australia.

The firm has been inspired by the success, attained by other global fashion labels including Spanish clothing brand Zara and British high street brand Topshop, in the Australian market.

The company set up its first outlet in Montreal – Canada and then started expanding in world markets some three years back, and now has franchises in Kuwait, Syria, Panama, Yemen, South America, Saudi Arabia and Lebanon.

Expansion in Australia represents only a part of the company's global expansion strategy, as it intends to launch 120 new retail outlets across the globe within next three years.

In order to minimise costs, the retailer operates factories in Bangladesh and India. So, Point Zero is able to sell a shirt between US$ 45 to US$ 50, for which, other retailers charge US$ 85 to US$ 90.

The company intends to use Australia as a base for expansion in Asian markets. It looks at Australia as a sound starting point for the launch of its other outlets in the region.

Based on success of its launch in Australia, the retailer also hopes to unveil stores in New Zealand, too.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

C Kamatchisundaram
Voltas

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

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Kerem Durdag
Biovation II LLC

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

Marten Alkhagen
Swerea IVF AB

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
March 2017

March 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