Home / Knowledge / News / Apparel/Garments / Fabindia launches new western wear brand 'Fabels'
Fabindia launches new western wear brand 'Fabels'
28
Apr '14
Indian ethnic lifestyle retailer Fabindia has announced plans of entering the western wear market with the launch of its new brand ‘Fabels’, which is expected to add 10 percent to the company’s turnover, reports The Economic Times quoting PTI.

Initially, the brand would be available in 10 Fabindia stores across the country, under the shop-in-shop concept, and would gradually be present in a total of 18 stores, by the end of the year.

Fabindia CEO Subrata Dutta said that the western wear segment has great potential, and Fabels is a line which aims at targeting the youth of the country, who are aware of the different cultures in the world.

Mr. Dutta also added that the company would be expanding its 175-store network by adding 50 new stores in the domestic market, by the end of the current financial year.

The new stores would be a mixture of the company-owned as well as the franchise models, Mr. Dutta added.

The Fabindia CEO also informed that the company which has presence in Singapore, Dubai and Rome, would be expanding its overseas networks as well, by opening a new store in Hong Kong, as well as adding more stores in Singapore and Dubai.

With 175 stores, Fabindia is India’s largest private platform for products that are made from traditional techniques, skills and hand-based processes. It links over 80,000 craft based producers to modern urban markets, thereby creating a base for skilled, sustainable rural employment, and preserving India's traditional handicrafts in the process.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Silke Brand-Kirsch
Schlegel und Partner

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

Kevin Nelson
TissueGen

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search