>>
Home / Knowledge / News / Apparel/Garments / Subhiksha to launch 1,000 stores next year

Subhiksha to launch 1,000 stores next year

13
Dec '06
Discount retailer Subhiksha Trading Services has declared plans for launching 1,000 stores across ten Indian states by next year with net investment of Rs500 crores.

Company will open 180 outlets in eight cities of Maharashtra with investment of Rs100 crore. Another 80 stores are scheduled for launch in Mumbai, which will be functional in coming four weeks.

R Subramanian, MD, Subhiksha, informed that the phase one expansion plan worth Rs300 crores for achieving 600 outlet mark will be finished in Maharahstra. Soon phase two of expansion will commence in Punjab, Chandigarh, Madhya Pradesh, Haryana, Uttar Pradesh and West Bengal for reaching the target of 1,000 outlets next year.

Company has more than 450 stores in five states occupying one million square feet of retailing space currently.

Refuting the rumours that retailers are trying to purchase Subhiksha, Subramanian informed the media that Subhiksha would not be sold. Company wants double its turnover from Rs330 crores to Rs750 crores in the financial year which ends on March 2007.


Must ReadView All

Pic: Shutterstock

Textiles | On 26th Jan 2022

Vietnam-US trade hits $111.56 bn in 2021

Vietnam-US trade hit $111.56 billion in 2021, up by nearly $21...

Pic: Shutterstock

Textiles | On 26th Jan 2022

Turkey using less coal, hydropower; use of renewables, gas up: Ember

The use of coal and water for energy in Turkey reduced in 2021, while ...

Pic: Bangladesh Parliament Secretariat/Facebook

Apparel/Garments | On 26th Jan 2022

Trade Organisation Bill, 2022, introduced in Bangladesh parliament

The Trade Organisation Bill, 2022, aimed at allowing foreign traders...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor customises her own pair of...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Sujata & Taniya Biswas, Suta

Sujata & Taniya Biswas
Suta

Founded by <b>Sujata and Taniya Biswas</b>, Suta is a humble brand which...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Carmen Emanuela Popa, Label - Carmen Emanuela Popa

Carmen Emanuela Popa
Label - Carmen Emanuela Popa

<b>Carmen Emanuela Popa,</b> a Romanian fashion designer, is known for her ...

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

ESTEEMED CLIENTS

Sainsbury's Argos Asia Limited
J ;& P Coats
Gokaldas Exports Limited
Chori Company Limited
Tommy Hilfiger
Sateri (Jiujiang) Fiber Co.,Ltd
International Textile Manufacturers Federation
Walmart
Splash
Gatsby Africa
The LYCRA Company Singapore  Pte. Ltd
The Top Form Brassiere Manufacturing Company Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Vianney Textil Hogar S.A. De C.V.
Lululemon Athletica Inc
Grasim Industries Limited
THE BOMBAY DYEING ;& MFG.CO. LTD
H;&M Hennes ;& Mauritz (Far East) Ltd
Calvin Klein
Target Corporation (MN)
BIMBA ;& LOLA SL
Lacoste (Wanchai)
Gloria Jeans
MAS Active / MAS Kreeda / MAS Bodyline
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Brandix Lanka Limited
G-Star Raw C.V.
Alison Hayes Romania
Lisa S.P.A.
IDH – The Sustainable Trade Initiative
Seasalt Limited
Helly Hansen Far East Ltd
Tory Burch Hong Kong Ltd
Phong Phu international JSC (PPJ)
Cat Tuong Real Estate Group Joint Stock Company
Sportmaster Ltd.
IKEA of Sweden AB
Rayonese Textile Inc., Division de Culp Inc.
Benetton Group
Landmark Group
Sportswear Company Spa
KIABI
Lenzing Aktiengesellschaft
NITI Aayog
Hirdaramani International Export Private Limited
Page Industries Limited (Bangalore)
Esprit Europe Services GmbH
Under Armour Global Sourcing Ltd
Groz-Beckert East Asia LLP
Puma
Tchibo GmbH
Asos
Hela Clothing Pvt Ltd
Lifestyle
Boardriders Asia Sourcing Limited
SHAHI Exports Pvt Ltd
Guess Europe Sagl,
Decathlon
Etam Group Strategy Hong Kong Limited
Rosset ;& Cia Limited
OVS Hong Kong Sourcing Ltd.
Reiter India Private Limited
Abit
Amazon China
Arvind Limited
Vardhman Textile Ltd
BIANCA
SYNERGIES HONG KONG LIMITED
Babyshop
Green Fibre
Bluestem Global Sourcing Limited
Restoque S.A.
C;&A Sourcing International Ltd
Permoda(Koaj/Armi/Pronto/Bkul)
Maceton Limited
LC Waikiki
Midas Clothing Limited
Huntsman (Singapore) Pte Ltd
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Chico’ FAS
PVH Corporation
Alix Partners
Truetzschler India Private Limited
Aramark Uniform ;& Career Apparel, LLC
Aquarelle Clothing Limited
TESCO INTERNATIONAL SOURCING LIMITED
KAS Direct Sourcing
Gap International Sourcing Limited
Eastman Chemical Company
T.T. Limited

January 2022

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


Advanced Search