Ties maker Zodiac to spead wings in India & abroad

15 May '06

2 min read

Zodiac Clothing Limited intends to maintain its spotlight on its conventional specialty and develop its foreign trade.

It has embarked on abmitious plans to set up branded outlets.

Zodiac desires to scale up from 50 to 125 stores in the next three years by appropriating Rs 50 crore for the expansion.

Sales abroad to the US and Europe consist of the company's 70 percent revenues and supporting that is a test.

Huge expectation that UAE is on the threshold of signing a free trade agreement with the US and the European Union, and on it truning to reality, will have to grow forcefully to make most of the better margins, said Aneesh Noorani, Vice Chairman & MD, Zodiac Clothing Ltd.

However, the company also observes huge opportunities in the domestic market and is beefing up its retail existence significantly.

"The organized retail is trebling and we desire to capture the prospect," added Noorani.

Shirt company Zodiac's promoters are sitting pretty over over prime land for their forthcoming project near the upcoming Bangalore airport.

Ties have touched as symbols of high fashion business and Zodiac has taken this to new highs in India and across the globe.

In fact in India, Zodiac can cherish its association with ties.

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