Home / Knowledge / News / Apparel/Garments / Arvind Brands to launch new brands, ramp up retail presence
Arvind Brands to launch new brands, ramp up retail presence
26
Jun '09
One of the biggest clothing companies in India; Arvind Brands, which has a large number of garment brands within its fold, is proposing to expand its product range by introducing more international brands, along with ramping up its retail presence.

The company has well known international brands like Arrow, Wrangler and Lee and home grown labels like Newport, Flying Machine and Excalibur within its fold as well as a retail store chain by the name of Megamart.

These initiatives are a part of the Rs 400 crore investment plan which was announced last year and of which Rs 100 has already been spent. The company has already launched last month, Polo Association under a licensing agreement.

It also proposes to launch by the end of 2009, 'Izod', which is owned by the famed Van Heusen label. In the initial months, Polo and Izod will be sold in the same stores, with exclus
ive stores for each of the brands planned in the next stage.

The company also proposes to increase its Megamart outlet numbers by opening 40 more stores from the current store strength of 120. 20 more numbers will be added to the exclusive outlets of the youth brand, Flying Machine.

Arvind Brands had a turnover of Rs 440 crores in the previous fiscal (2008-09) and is planning to increase it by 20 percent to Rs 550 crores in the period (2009-10), by launching new brands and opening new retail outlets.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

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

Robert Brunner
Devereux

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


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