Home / Knowledge / News / Apparel/Garments / Value apparel retailer Easybuy opens new Bengaluru store
Value apparel retailer Easybuy opens new Bengaluru store
02
Sep '16
Courtesy: Landmark Group
Courtesy: Landmark Group
The Landmark Group opened its third Easybuy store in Bengaluru and the 14th in South India at a cost of Rs one crore. Easybuy is the new apparel value retail format from the Landmark Group, which plans to expand the store network to 30 by March 2017 and 50 stores in two years to help it consolidate its presence in the Southern India market.

Easybuy is also present as a Shop-in-Shop in 12 Spar hypermarket stores, which too are operated by the Landmark Group.

The retailer recorded same-store year on year sales growth of 45 per cent, while it expects to close the current fiscal with a turnover of Rs 160 crore.

“The first Easybuy store was launched in the district headquarters of Karimnagar, Telangana in September 2014. We plan to open 1 Easybuy store in every district headquarter and every value catchment area in metros,” Businessline quoted Anand Aiyer, business head at Easybuy as saying.

“We hope that Easybuy, along with Max which is a value fashion forward brand for the upper middle class at 25 per cent higher price points, will become leaders in the value fashion space spanning all markets,” Vasanth Kumar, executive director of Max Fashion, also a Landmark retail format told Businessline. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Aura Blockchain Consortium

Fashion | On 21st Apr 2021

LVMH, Prada and Cartier form world's first global luxury blockchain

Three major luxury names—LVMH, Prada and Cartier, part of...

Pic: Shutterstock

Textiles | On 21st Apr 2021

India-Bangladesh MoU on cooperation in trade remedial measures

India's Cabinet chaired by Prime Minister Narendra Modi has given its ...

Pic: Infinited Fiber Company

Textiles | On 21st Apr 2021

Infinited Fiber plans to build €220 mn flagship factory in Finland

Circular fashion and textile technology group Infinited Fiber Company ...

Interviews View All

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Textile Industry, Head honchos

Textile Industry
Head honchos

Money never disappears-it just finds new opportunities

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Chini Chouhan,

Chini Chouhan

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

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

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


April 2021

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


Advanced Search