;
Home / Knowledge / News / Apparel/Garments / Arrow eyes more than 20% sales growth in 4-5 yrs in India
Arrow eyes more than 20% sales growth in 4-5 yrs in India
08
Jun '18
Courtesy: Arrow
Courtesy: Arrow
Formal wear brand Arrow plans to open 55 exclusive brand outlets (EBOs) and 250 shop-in-shops this fiscal to expand its operations in tier II and tier III cities across India and is targeting over 20 per cent year-on-year sales growth in the next four to five years. At present, there are over 250 Arrow EBOs and 1,000 shop-in-shops in multi-brands outlets in India.

As the way people dress up for work is changing, three sub-brands within Arrow will meet that need, Sumit Dhingra, CEO of heritage brands division of Arvind Lifestyle Brands, that handles Arrow in India, told a news agency.

Online sales, which is the fastest-growing sales channel, will contribute up to 20 per cent of Arrow's sales in the next five years, Dhingra expects.
At present, online sales contribute 11 per cent of Arrow's overall sales. It is growing by 60 per cent year-on-year. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

UK PM Theresa May/Courtesy: Gov.uk

Textiles | On 17th Jan 2019

British PM May survives no-confidence motion

British Prime Minister Theresa May survived a no-confidence motion on ...

Cambodian PM unveils policy to combat reliance on EU, US

Textiles | On 17th Jan 2019

Cambodian PM unveils policy to combat reliance on EU, US

Cambodian Prime Minister Hun Sen recently launched a policy to...

S African Govt-funded programme revives cotton industry

Textiles | On 17th Jan 2019

S African Govt-funded programme revives cotton industry

A R200-million programme by South Africa has successfully revived the ...

Interviews View All

Ajay Ghariwala, Luthra Group

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Top executives, Textile industry

Top executives
Textile industry

Denimsandjeans India 2018

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Tom,

Tom

<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

Tom Adeyoola,

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

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

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

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

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

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

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

Leave your Comments


January 2019

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

news category


Related Categories:

Advanced Search