Bombay Dyeing plans Rs 60 cr retail expansion, foray into UAE
Textile major Bombay Dyeing on Tuesday said that it plans to invest Rs 60 crore over the next 2-3 years to open 100 company-managed stores, besides a foray into the UAE, a top company official said.
By PTI |
MUMBAI: Textile major Bombay Dyeing on Tuesday said that it plans to invest Rs 60 crore over the next 2-3 years to open 100 company-managed stores, besides a foray into the UAE, a top company official said.
"We plan to open 100 company-managed showrooms over the next 2-3 years at an investment of Rs 40 crore, besides 15-20 franchisee shops per year," Bombay Dyeing's Executive Director S K Gupta told reporters after launching the company's first Concept store here today.
The company will be spending another Rs 20 crore for the refurbishing of existing stores, Gupta said.
"The concept store will be a trend setter in the fast- changing retail industry and will mark a significant development in the evolution of the Bombay Dyeing brand," Bombay Dyeing's Joint Managing Director, Ness Wadia said
The new bed and bath Concept store launch marks a significant step in the company's overall retail expansion plans, providing an entirely new bed and bath shopping experience with over 500 designs, bed and bath merchandise and a variety of collection to choose from.
The company is also planning to extend its network to neighbouring countries beginning with the UAE in the near future, Gupta added.
"We plan to open 100 company-managed showrooms over the next 2-3 years at an investment of Rs 40 crore, besides 15-20 franchisee shops per year," Bombay Dyeing's Executive Director S K Gupta told reporters after launching the company's first Concept store here today.
The company will be spending another Rs 20 crore for the refurbishing of existing stores, Gupta said.
"The concept store will be a trend setter in the fast- changing retail industry and will mark a significant development in the evolution of the Bombay Dyeing brand," Bombay Dyeing's Joint Managing Director, Ness Wadia said
The new bed and bath Concept store launch marks a significant step in the company's overall retail expansion plans, providing an entirely new bed and bath shopping experience with over 500 designs, bed and bath merchandise and a variety of collection to choose from.
The company is also planning to extend its network to neighbouring countries beginning with the UAE in the near future, Gupta added.
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