Home / Knowledge / News / Apparel/Garments / Pantaloon raises branded clothing prices
Pantaloon raises branded clothing prices
11
Mar '11
Mr Kishore Biyani
Mr Kishore Biyani
Pantaloon Retail yesterday announced a hike in prices, effective from the current month, for new merchandise.

Considered the biggest retailer in India, Mr Kishore Biyani led – Future Group yesterday said, it would be hiking prices by 18 percent at its clothing retail group company; Pantaloon Retail.

Mr Biyani who is also Managing Director of the listed – Pantaloon Retail said, “We have raised prices of new merchandise hitting the store shelves in March”.

He added by saying, “The 10 percent central excise duty announced in the budget will be additional, which will affect demand as well as volume growth”.

Pantaloon Retail had net sales of Rs 58.12 billion for the six months ended December 2010.

Indian retailers have been troubled by a flare-up in cotton prices and the proposed excise duty on branded clothing could be double trouble for the beleaguered retail community.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Asim Dalal
Indo Count Retail Ventures

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

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

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,...

Igor Chapurin
Chapurin

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
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