Home / Knowledge / News / Apparel/Garments / Max Retail looks to expand Indian footprint
Max Retail looks to expand Indian footprint
27
Apr '10
Max, a division of the US $3.8 billion, Middle East based Landmark group, is on the verge of multiplying its operations in India. South India is its area of focus for expansion as it accounts for maximum revenue.

The company anticipates high revenue through its operations in India and hopes that they will be able to generate a business of more than Rs four billion by March 2011. Max currently generates a turnover of Rs 1.88 billion.

The retail chain has recently launched its 27th store in Mylapore, Chennai in the state of Tamil Nadu on franchisee model. As of date, the retail chain is spread across an area of 280,000 sq. ft. in India. Now, the brand intends to increase this space two-fold by setting up more stores, this year, stated Mr. Vasanth Kumar, ED, Max.

The retail chain aims to raise the count of its stores to 53 by March 2011, currently, has 16 outlets in the metros and few in tier-II cities, and has around 120 vendors across the country.

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

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Ashok Desai
Bombay Textile Research Association

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

Eric Scholler
Groz-Beckert

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Robert Brunner
Devereux

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

Mike Hoffman
Gildan Activewear SRL

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

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