Home / Knowledge / News / Apparel/Garments / Indian apparel retailers post hike in like-to-like sales
Indian apparel retailers post hike in like-to-like sales
Jun '12
Apparel retail firms in India have witnessed a growth in their sales from like-to-like (LTL) stores, which have helped them in registering healthier bottom lines last fiscal.

Arvind, Shoppers Stop, Raymond and K-Lounge are among the clothing retailers to have posted good LTL sales during fiscal 2011-12.

Arvind's exclusive stores, which sell brands like Arrow, Gant, Flying Machine & USPA, have posted 18 percent LTL growth in 2011-12. The company's overall LTL sales posted 10 percent growth during the fiscal year that ended on March 31, 2012.

Explaining the reasons for Arvind's LTL growth, Mr. Jayesh Shah, Director and CFO of Arvind Ltd. told fibre2fashion, “The LTL growth at Arvind can be attributed mainly to three reasons. One of them is good investment towards both above the line (ATL) and below the line (BTL) activities.”

“Another reason is our constant endeavour to improve the quality of our merchandise. Our continuous efforts to train and upgrade the quality of the sales team in the stores has also resulted contributed to improvement in LTL sales,” he adds.

However, Mr. Shah is not very optimistic about achieving similar LTL sales growth during the current fiscal. “The overall market sentiment as well as consumer sentiment this year is not as good as it was last year and the year before,” he avers.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Evelyne Cholet

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

Anvita Mehra
Confidential Couture

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Robert Brunner

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


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search