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Designer ROCKY S to weave Hakoba Club line

29 Nov '07
3 min read

Hakoba Lifestyle Limited announced its tie-up with Designer ROCKY S today at a press briefing held at the Hilton Towers. Present on the occasion were Mr. Madhup Dokania, CEO - Hakoba Lifestyle Limited; and Designer - Rocky S.

With a Retail presence in India with 67 exclusive outlets occupying app. 52,000 sq ft of retail space, Hakoba Lifestyle Limited a 44 crore company is one of the Leading Brands in India in the embroidered fabric segment with no significant competitor in the market today and has established an impeccable reputation and carved a permanent niche in the Textile industry.

Speaking on the occasion Mr. Madhup Dokania CEO Hakoba Lifestyle Limited said that, "Hakoba's key focus has always been women's wear in the apparel market; however we now plan to expand the business by venturing into new product segments under different brand names targeting the lower, medium and higher segments of the society. We're now venturing into a new segment called as Club & Fashion and have tied up with renowned designer ROCKY S for the Hakoba Club line called ''ROCKY S CLUB''.

Apart from the tie-up, Hakoba Lifestyle Limited plans to invest 250 - 260 crores in various segments like Home Furnishing, Lingerie, Value Retail and Designer Associations by the next financial year. Hakoba Lifestyle Limited also plans to open another 35 exclusive Hakoba retail outlets.

Initially the company is looking at opening 400 small stores of average 1,000 sq ft by2011, qhile about 80 medium – size outlets. In the second phase Hakoba will also come up with 30 large format stores of 40,000 - 60,000 sq. ft module by 2009. The company targets turnover of nearly Rs. 210 crore by FY09.

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