Home / Knowledge / News / Apparel/Garments / Toonz Retail eyes Rs 100-cr sales by FY 2018
Toonz Retail eyes Rs 100-cr sales by FY 2018
Jul '16
Courtesy: Toonz
Courtesy: Toonz
Toonz Retail, which runs a chain of off line stores in the country selling everything for kids from clothes to crayons, has plans to open 50 more stores of its new apparel brand 'Super Young' and become a Rs one billion brand by the end of financial year 2017-18.

The Company's Retail Managing Director and CEO Sharad Venkta said the company was aiming for a turnover of over Rs 100 crore turnover by financial year 2017-18 and planned to do so with the help of 'Super Young'.

“There is a big gap in apparel offerings in the market..we are looking to cover that with Super Young brand," Venkta told PTI adding that they would position the new brand by opening smaller stores in metro cities and in premiums shopping malls.

"We expect 'Super Young' to contribute 18-19 % in our total sales..We plan to invest Rs 20 crore for expansion. This sum will be utilised for brand building and development of new products," he said.

At present, the company operates 100 Toonz Retail outlets in South and North India, and 70% of these are in South India. They have stores in Delhi-NCR, Karnataka, Jharkhand, Odisha, Tamil Nadu, Kerala, Uttar Pradesh, Telangana, Haryana, Punjab, Maharashtra, Madhya Pradesh, Rajasthan and Arunachal Pradesh.

The company which is expanding its network based on franchise model, plans to open more outlets in South India, while expansion at the international level is also on the cards by exploring new markets especially GCC countries, Egypt and Mexico.

"At present, we have one operational store in Saudi Arabia...we plan to open two more by September this year..We are also in discussion to open more stores in international locations...but it may take time to materialise..," he said.

The company also supplies its products to Fiji, Mauritius and Nepal. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Abhishek Ganguly
Puma India

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

Eric Scholler

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

Johan Berlin
InvestKonsult Sweden AB

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

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

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


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search