.Dubai-based Garments Group, which started its own experience in 1996 in Dubai as well as extended its visibility to India in 2001, is actually organizing to wager significant on the Indian market. It is striving to open up 750 new stores in the following three years, Nilesh Ved, founder, Clothing Group informed ETRetail in an exclusive interaction.At existing, the provider boasts of 85 brand names as well as 2,200 outlets across 14 countries. It currently functions 17 labels and also 250 shops in 38 cities of India." Our experts find the scope of growth for every of our brands like Shower & Body System Works, Aldo, Crocs, and also Tim Hortons to name a few," he said.At present, the team operates 33 stores of Tim Hortons and organizes to take the total establishment count to 250. It prepares to grow Aldo from 69 stores to 150, R&B coming from 35 stores to 200, as well as add 200 more retail stores of Crocs." Over the upcoming 6 months, our experts additionally plan to present 2 brand-new F&B brand names in India - Sushi Library and Allo Beirut," he mentioned." Our team are actually always on the lookout for the spaces in the business be it market value retail, or even worldwide labels in fashion as well as shoes," he even further added.Currently, India contributes 10 percent of the revenue of the total team which is actually valued at $2.2 billion and also the firm organizes to take India's share to 25 per cent in the upcoming three years." Currently, shoes, charm, F&B, and also market value portion are the best-performing groups for our team here in India," he asserted.For R&B, the firm resources 100 per cent of the fresh products coming from India for India shops and also 60 per-cent for the establishments in the Gulf of mexico." Currently, we are sourcing the majority of our raw materials for the brand name Aldo coming from India, and also in a year's opportunity, our experts will certainly also begin exporting it to various other countries globally," he wrapped up.
Published On Aug 31, 2024 at 01:32 PM IST.
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