Home / Knowledge / News / Apparel/Garments / Lifestyle to scale up store count with investment of Rs 4.5 billion
Lifestyle to scale up store count with investment of Rs 4.5 billion
27
Mar '09
The Dubai based Landmark Group which runs a premium apparel and home furnishings retail chain in India plans to scale up its store count to 35 Lifestyle stores and 15 Home Furnishing outlets by 2011, informed the Executive Director of the chain in India.

Mr Kabir Lunba, ED said that the group plans to invest Rs 4.5 billion over the next two years to meet the expansion plans of the retail chain. At the same time, the company will also lower prices to attract more clientele to its outlets.

Reposing faith in the Indian retail sector, he said, consumer sales may fall by 10 percent in the next few months but added by saying that the retail sector in India was in a much better position than in many other countries.

Fibre2fashion News Desk - India

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand 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...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

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

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:
May 2017

May 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