IndiaRetailBiz

“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 […]

“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 […]

IndusFila, a Bangalore-based textile manufacturer that supplies apparel to well known global apparel brands like Nautica, Lee and Wrangler, according to a Business Standard report, will invest Rs 200 crore to set up 30-40 apparel and accessories shops within a year.
Over the next five years, the company will eventually expand the retail […]

“In Reebok I see a perfect fit. They embody the spirit of fulfilling potential, they have the passion to nurture talent and the aggression to take sports to the next level. I am excited that Reebok has created a benchmark by opening an exclusive Reebok Kolkata Knight Riders store for the […]

“We are looking at sales of Rs 3,000 crore from footwear business by 2010, when we open 150 stores. We are aiming at a market share of 15 per cent in the Rs 15,000 crore footwear market in the next three years, which is growing at around 20 per cent annually.” — […]

Vishal Retail, the R C Aggarwal-led, garments and house-hold products retailer, which recently launched its 100th megamart in Jabalpur (Madhya Pradesh), is looking at investing Rs. 700 crore ( seven billion) this fiscal on its expansion. Having already occupied about 1.3 million sq ft in space, the predominantly tier-II and tier- III […]

“The company’s primary business comes from metros. But small towns will contribute significantly in company’s growth for the next two years.”– Subrata Dutta, COO, Samsonite South Asia.
Samsonite, among the world’s leading travel gear brands, is growing fast in its core business of travel luggage. Having introduced a number of new and […]

“Over a span of one year, we intend to open 15-20 stores in India, out of which around nine would be located in Delhi and NCR.” : G Shankar, Chief Executive, Reliance Retail Footwear.

“The launch of Reliance Footprint is a step forward to delight our customers with international standards of service, […]

Megamart, the Apparel retail chain of Ahmedabad-based Sanjay Lalbhai led Arvind Mills. which currently focuses on selling apparel brands of Arvind, is looking at adding new categories of products like luggage, footwear and lifestyle electronics at its larger format stores known as ‘Megamart’ outlet centres, according to a Hindu Business […]