>>
Home / Knowledge / News / Apparel/Garments / V-Bazaar expects to make Rs 500 crore in revenue by 2020
V-Bazaar expects to make Rs 500 crore in revenue by 2020
17
Apr '17
Fashion and apparel retailer V-Bazaar Retail expects to earn Rs 500 crore in revenue by 2020 and plans to add as many as 45 new stores in tier II and III cities in India at an investment of Rs 75 to Rs 90 crore. V-Bazaar already has 14 stores in Bihar and Uttar Pradesh that earned Rs 44.8 crore in revenue during the financial year 2016-17.

The retailer will open new stores in Jharkhand, Gujarat, Uttarakhand and Rajasthan, besides Bihar and Uttar Pradesh, said the company in a statement.

V-Bazaar plans to take its store count to 56-57 by the end of fiscal 2019-20, said Hemant Agarwal, retail chairman and managing director, V-Bazaar.

The company is currently only focusing on tier II and III cities, added Agarwal.

Close to 40 per cent of the total revenue earned by V-Bazaar Retail comes from men's apparel, while womenswear and kids apparel contribute 25 per cent and 23 per cent, respectively.

Agarwal also said that close to Rs 2 crore will be invested in opening a single new store, which will come from internal accruals. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock.com

Textiles | On 24th Jan 2022

World economy to lose $12.5 trn in output by 2024 due to COVID: IMF

The world economy will lose $12.5 trillion in output by 2024 due to...

Pic: Karin59 | Dreamstime.com

Textiles | On 24th Jan 2022

Investor confidence in Germany rises in Jan despite supply crunch

Investor confidence in Germany rose in January, say recent figures,...

Pic: Nikolay Antonov | Dreamstime.com

Textiles | On 24th Jan 2022

People's Bank of China cuts benchmark lending rates

China’s central bank has cut the benchmark lending rate of loan prime ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Atul Ganatra,

Atul Ganatra

<div>Engaged in providing a wide range of services to the entire cotton...

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Shivendra Nigam,

Shivendra Nigam

Delhi-headquartered Cantabil Retail India Ltd was founded by Vijay Bansal...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Bav Tailor, Label Bav Tailor

Bav Tailor
Label Bav Tailor

Born in London and Indian by origin, <b>Bav Tailor </b>is the Founder of...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

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

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

January 2022

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


Advanced Search