Home / Knowledge / News / Apparel/Garments / Brand Factory plans to open 250 outlets by 2020
Brand Factory plans to open 250 outlets by 2020
20
Apr '17
Courtesy: Brand Factory
Courtesy: Brand Factory
Future Group's fashion discount retail chain Brand Factory plans to open about 250 outlets in the next five years. The Kishore Biyani led retail chain had initially planned on opening around 100 stores by 2020, but seeing the response it received for its recent ‘50% Anything & Everything’ sale, has now targeted opening 250 stores by 2022.

This was informed by Suresh Sadhwani, CEO, Brand Factory to a leading daily, who also added that the immediate plan is to open 100 new outlets by 2020, by penetrating all the towns and cities in India.

Brand Factory which manages 55 stores in 22 cities currently retails about 200 brands out of which, 30 per cent are Future Group private label brands.

According to Sadhwani, the 50% Anything & Everything four day sale event, generated revenue of around Rs 90 crore, with half of the stores reporting more than Rs 50 lakhs in business in a single day. (AR)

Fibre2Fashion News Desk – India


Interviews View All

Headhonchos, Indian textile value chain

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Karan Suratwala, Key Textile Accessories Private Limited

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Jash Choraria,

Jash Choraria

Established in 2015 by <b>Jash Choraria</b>, Unifynd is a Mumbai-based...

Francesco Gozio,

Francesco Gozio

Italian company Marzoli is a leading manufacturer of the complete line of...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Davide Vigano, Sensoria

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search