Home / Knowledge / News / Fashion / Fabindia plans to add 40-50 stores every year
Fabindia plans to add 40-50 stores every year
04
Dec '17
Fabindia plans to add 40-50 stores every year
Ethnic apparel brand Fabindia is expanding by adding 40-50 stores every year in current and emerging markets, company president Retail Ajay Kapoor recently said. The brand recently opened a Fabindia Experience Centre in Mumbai and plans to have 10 such stores by 2018 end. This is the second such experience store with the first piloted in March in Delhi.

The company has around 268 stores and the expansion would be through a mix of company-owned stores, company-operated stores and franchise model, Kapoor said at the sidelines of the Confederation of Indian Industry (CII) Retail Summit in New Delhi, according to a news agency report. Six experience stores will come up by March 2018.

The company also has plans to expand its presence in the overseas market, Fiji and Sri Lanka, in collaboration with local partners. Fabindia currently operates stores in Singapore, the United Arab Emirates, the United States, Malaysia and Mauritius.

Fabindia is growing with a compound annual growth rate of around 22 per cent for the last five years, he added. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

'India can take up lack of capacity in US, China markets'

Textiles | On 25th Sep 2018

'India can take up lack of capacity in US, China markets'

India can now take up the lack of capacity in the US and Chinese...

Indonesian textile industry targets exports of $14 bn

Apparel/Garments | On 25th Sep 2018

Indonesian textile industry targets exports of $14 bn

With a January-July 2018 exports figure of $7.74 billion, the...

Several challenges for Vietnam's garment sector in 2019

Apparel/Garments | On 25th Sep 2018

Several challenges for Vietnam's garment sector in 2019

Vietnam’s textile and garment industry will be facing a gamut of...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

The foremost issue is bridging the skill gap

Dharmendra Shah, Ozone PB Spintex Limited

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Pratik Bachkaniwala, Palod Himson Machines

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Harsh Shah,

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Ashish M Amin,

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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


October 2018

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

news category


Related Categories:

Advanced Search