IndiaRetailBiz

“Inflation has made no impact on our growth plan. We are going to open 70 more stores by the end of the current year and will invest Rs 700 crore for the purpose.” Ram Chandra Agarwal, Chairman, Vishal Retail.
Undettered by high inflation, Vishal- the Delhi-based mega markets retail chain has drawn up plans […]

“As the disposable income with the Indian middle class is growing, we are planning to aggressively market our brands in smaller cities. We will set up 20 new outlets by 2009 in tier II and III cities.” — Sanjeev Mohanty, Managing Director, Benetton India.
Benetton, the Italian apparel chain, which owns the United Colors […]

“Till the time business is restricted to manufacturing, the product is simply treated as a commodity. So, we decided to add some brand value and get into retailing of apparel also.” — Yash Birla, Group Chairman.

Birla Cotsyn, a textiles company of the Rs 2,300 crore Yash Birla group, is foraying into apparel […]

“We plan to have an all-India presence through our upcoming brands. Our immediate investment will be funded through internal accruals and banks, but going forward, we will think of private equity or IPO around 2010.” – Kailash Gupta, Managing Director, Liverpool Retail India.

Liverpool Retail, an Ahmedabad-based garments and fashion accessories company, which […]

“We are now on a sustainable growth and profit path.” — P M Sinha, Chairman, Bata India.

Bata India, the country’s largest and oldest organised footwear retailer, which with sales of 867 cr. and net profit of Rs. 47 crore turned around its fortunes in 2007, is hoping to sustain the buoyancy in […]

“After establishing ourselves as exporters of a wide array of furnishing fabrics to various countries across Australia and America, we are glad to have partnered with a regional luxury retail group like Rivoli to launch our exquisite products here.” — S K Gupta, Executive Director, Bombay Dyeing.

Bombay Dyeing, the country’s Nusli […]

“Focussing on innovation in the existing product categories and non-apparel products is important to boost our business. We are already the largest player in jeans and casual wear, so we have to think of other avenues to push growth in future.” — Shumone Chatterjee, Managing Director, Levi Strauss (India).
Levi Strauss (India), the […]

“We believe India is an attractive and important market and we are currently developing our strategy there.” — Jane Randel, Vice-President, Corporate Communications, Liz Claiborne.
Liz Clairborne, the New York (US)-based fashion group that designs and markets a global portfolio of retail-based premium brands including Kate Spade, Juicy Couture, Lucky Brand and […]

“Lee cooper has exited the joint venture for its own reasons. India was not its focus area and it didn’t want to invest here.” — Rakesh Biyani, CEO, Future Retail.
Lee Cooper, the UK-based 100-odd years old premium apparel and fashion brand that offers a range of jeans, accessories and footwear, has […]

“The Loot,” the multi-brand discount retailer of apparel, footwear, and accessories, which believes in offering year round discounts as its business model, is planning to increase the number of its discount stores from 30 to 100 by the end of this financial year.
“The company plans 100 outlets by the end of the current […]