.Dubai-based Apparel Group, which started its journey in 1996 in Dubai and also increased its presence to India in 2001, is actually intending to bet significant on the Indian market. It is actually intending to open up 750 new stores in the next three years, Nilesh Ved, founder, Garments Group informed ETRetail in an unique interaction.At current, the provider boasts of 85 companies and also 2,200 stores throughout 14 countries. It currently functions 17 brands and 250 stores in 38 cities of India." Our company see the scope of expansion for every of our brands like Shower & Body Functions, Aldo, Crocs, and also Tim Hortons among others," he said.At found, the team operates 33 outlets of Tim Hortons and plans to take the overall store count to 250. It considers to extend Aldo coming from 69 shops to 150, R&B coming from 35 retail stores to 200, and also add 200 even more retail stores of Crocs." Over the next 6 months, our company also plan to present 2 brand-new F&B brands in India - Sushi Library and also Allo Beirut," he said." We are actually consistently looking for the gaps in the field be it market value retail, or worldwide labels in fashion as well as footwear," he even further added.Currently, India provides 10 per-cent of the profits of the total team which is valued at $2.2 billion and also the firm organizes to take India's allotment to 25 per cent in the following 3 years." Nowadays, footwear, charm, F&B, as well as value portion are actually the best-performing classifications for our company listed below in India," he asserted.For R&B, the business sources one hundred per-cent of the raw components coming from India for India outlets and also 60 per cent for the retail stores in the Gulf." Currently, our experts are sourcing many of our raw materials for the company Aldo from India, and also in a year's opportunity, we will definitely additionally start exporting it to various other nations around the world," he wrapped up.
Published On Aug 31, 2024 at 01:32 PM IST.
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