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

Textiles | On 25th Oct 2016

Cotton yield to increase to 568.29 kg/ha in 2016-17: CAB

At its first meeting for the cotton season 2016-17, the Cotton...

Apparel/Garments | On 25th Oct 2016

US most sought after market for UK retailers: Global-e

A majority of the retailers in the UK consider US to be their most...

Courtesy: Fila Korea

Textiles | On 25th Oct 2016

Fila Korea to set up R&D centre in China

Leading apparel brand Fila Korea is planning to establish an apparel...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

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

Robert Brunner

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

Igor Chapurin

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search