Home / Knowledge / News / Apparel/Garments / Growth opportunity for value-retailers – ED, Max
Growth opportunity for value-retailers – ED, Max
19
Feb '10
Max, the biggest value clothing retailer in the Middle-East has recently unveiled a new store in Kolkatta. The outlet spread over 8,000 sq.ft will offer clothing for women, men and children, footwear and fashion accessories.

Since it is a value-priced store the range is between Rs 199 and Rs 599. Max has stores in 11 other locations like Mumbai, Delhi, Ahmedabad, Hyderabad, Indore, Calicut, Kolkata, Bangalore, Agra, Lucknow, and Nanded.

Divulging details, Executive Director of Max, Vasanth Kumar said, “We are currently the biggest value retailer in the country as currently we have 23 outlets across India and plan to ramp it up to 60 by 2011-12.”

He said a typical Max store was spread out over 10,000 sq. ft. on an average and each store netted between Rs 6-9 million per year. He added by saying that there was a very big growth opportunity for value-retailers in India.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 6th Dec 2016

Garments, yarn export entitlement quota extended for 1 yr

Indian government has extended the export entitlement quota for...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Abhishek Ganguly
Puma India

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

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Eric Scholler
Groz-Beckert

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

Marten Alkhagen
Swerea IVF AB

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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