Home / Knowledge / News / Apparel/Garments / Monte Carlo to expand retail footprint
Monte Carlo to expand retail footprint
19
Apr '11
Monte Carlo, the premium garment brand from the stable of Oswal Woollen Mills plans to expand its retail footprint across India by increasing the store count.

Monte Carlo currently manages 130 EBOS and is also available in around 1,000 MBOs, now plans to open 40 more EBOs, to take the EBO count strength to 170 by the end of fiscal 2011-12.

Monte Carlo which has been growing at a stupendous growth rate of 50 percent plans to increase the store count through a mix of company owned and franchise outlets.

Revealing their plans to fibre2fashion, Mr Swapan Dutta, President - Retail said, “Seeing the performance of the existing stores and the kind of growth we have witnessed over the last four years, has given us the confidence to go for expansion.

“Despite a period of general recession all around, we have been clocking very good growth. We have set up stores in the southern part of country where our sales are not as strong as in north. We will now move towards Hyderabad. We have a flagship store in Kolkata. We have already signed around 12 properties all across”, he added by saying.

Speaking about their range he said, “Our basic t-shirt range starts from Rs 400 and we have woolen products extending in to the range of Rs 12,000-13,000”.

Fibre2fashion News Desk - India

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Abhishek Ganguly
Puma India

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Marten Alkhagen
Swerea IVF AB

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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...

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

news category


Related Categories:
May 2017

May 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