Home / Knowledge / News / Apparel/Garments / Koutons to open new stores on massive scale
Koutons to open new stores on massive scale
08
Aug '08
Gurgaon-based Apparel maker, Koutons Retail India Limited is planning to take the retail sector by storm. The garment manufacturer is looking forward for expansion and aims to launch new huge format stores as well as increase the number of existing Charlie Outlaw outlet.

Official sources informed Fibre2fashion that the Company is making a capital investment of nearly Rs3 billion to open 200 new large format Koutons Family stores as well as add another 1,400 outlets of Charlie Outlaw, within 18 months.

At present there are 60 exclusive Koutons Family stores and 605 Charlie Outlaw outlets that caters to the young and fashion conscious youth of the country. Along with this massive project, Koutons is also planning to double its annual turnover and take it to Rs 18 billion by end of 2009-10.

The Company enjoyed good result in Q1 of current fiscal that ended on June 30. The net sales touched nearly Rs1.58 billion, which has given lot of boost to the moral of the apparel maker to go ahead with the expansion plan.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Marten Alkhagen
Swerea IVF AB

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

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...

Silvia Venturini Fendi
Fendi s.r.l

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

Igor Chapurin
Chapurin

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

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:
April 2017

April 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



X