Home / Knowledge / News / Apparel/Garments / Derby Clothing mulls going global via IPO
Derby Clothing mulls going global via IPO
24
Mar '11
Mr Vijay Kapoor
Mr Vijay Kapoor
Derby Clothing which currently manages 30 exclusive brand outlets (EBOs) and is also present in a good number of multi brand outlets, is proposing to enter the Indian capital markets via an initial public offering (IPO) by 2014.

Derby, a menswear brand is well-known for its fashion jeans and urban wear collections. The brand is associated with the USP of being exclusive, sporty and energetic.

Derby is now planning to become a global brand by revamping its production process. It plans to have over 1,000 stitching machines and in the process generate employment for around 10,000 people.

Derby also plans to make its two flagship stores, one each in Mumbai and Delhi, operational in fiscal 2011-12.

Speaking to fibre2fashion, Mr Vijay Kapoor, Founder and MD - Derby Clothing said, “We are planning an IPO by 2014. Derby has been in existence since last 16 years, and now over the last one year, we have repositioned the brand as a premium men's urbanwear brand”.

He continued, “We are scheduled to go national by the end of this year and the whole strategy is to make Derby, the first true international brand. The operations too would not be limited to the borders of India, but also have a very strong global presence in all the fashion capitals of the world”.

He added by saying, “Keeping this in mind the entire process has been initiated. Production capacity and the distribution networks have been increased, aided by a strong R&D team. So everything is on a roll and over the next three years, we will definitely be looking at floating an IPO”.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Subhashini Srinivasan
The S Studio

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

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Johan Berlin
InvestKonsult Sweden AB

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

Eric Scholler
Groz-Beckert

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search