Home / Knowledge / News / Apparel/Garments / Apparel brand Allen Solly targets Rs 1,000cr sales in FY16
Apparel brand Allen Solly targets Rs 1,000cr sales in FY16
Mar '15
Madura Lifestyle managed premium apparel brand Allen Solly, which has been growing at a CAGR of 34 per cent since the last three years, is eyeing sales of Rs 1,000 crore for the 2015-16 fiscal.

According to media reports, Allen Solly which posted revenue of Rs 600 crore in fiscal 2013-14, hopes to touch Rs 800 crore in the current fiscal.

Women’s clothing accounts for 18 per cent, kids wear 7 per cent, exports 5 per cent, while the rest of the turnover of the garment brand is accounted by the menswear segment.

Allen Solly has also tied up with tennis grand slam tournament Wimbledon and will market Wimbledon related merchandise like apparels and other products in India through Solly Sport, launched in 2013-14.

Allen Solly unveiled its Wimbledon merchandise with a menswear collection recently and plans to launch womenswear and kidswear collections by April 2016.

The brand hopes to garner sales of Rs 40 crore from Solly Sport this fiscal and expects it touch around Rs 200 crore over the next two years, primarily from its association with Wimbeldon.

Despite the disruptive and rising factor of online apparel sales, majority of sales at the brand came from its retail store network, with ecommerce revenue accounting for just around 5 per cent of overall sales.

Allen Solly nearly doubled its store count in the last two years and it currently operates 207 exclusive outlets. It expects to add 40-50 stores each year, with a focus on tier II and III towns and cities. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Pic: Shutterstock

Textiles | On 22nd Feb 2020

Pharr sells Pharr High Performance to Coats Group

Pharr, a provider of differentiated textile products and assorted...

Pic: Shutterstock

Textiles | On 22nd Feb 2020

TOAI highlights importance of textiles in auto industry

The first edition of the conference 'Textile Opportunities in a...

Pic: Shutterstock

Textiles | On 22nd Feb 2020

Cocona's 37.5 fibres to have new biodegradable additive

All of the 37.5 staple fibres and filament yarns by Cocona, will now...

Interviews View All

Angelina Francesca Cheang, MY ANJE

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Top executives, Textile industry

Top executives
Textile industry

Textile institutes need to change their curriculum

Mandeep Nagi, Shades of India

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Francesco Gozio,

Francesco Gozio

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



Italtex is a leading studio publishing fabric trend-books since 1959....

Davide Vigano, Sensoria

Davide Vigano

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

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

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

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi, SVA

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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


Leave your Comments

February 2020

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

Advanced Search