COVER STORY |
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Stop achieved a gross retail turnover of Rs . 34.05 billion ( US $ 544 million ).
As India ’ s leading retailer , Future Retail Limited serves customers in 95 cities across the country through around 10 million square feet of retail space . Under Future Fashion , the company owns a portfolio of 24 leading brands . Future Lifestyle Fashions Limited operates popular brand stores , department stores and multi-brand outlets including Central , Brand Factory , and Planet Sports . FLF also owns and retails over 25 fashion brands . Its fashion brands include Cover Story , aLL , UMM ( Underground Music Movement ), Lee Cooper , Bare Casuals , Scullers , Indigo Nation , Spalding , RIG , Converse , Lombard , Daniel Hechter , Clarks , Celio , Mother Earth and many more . UK clothing and hardware retailer Laura Ashley has partnered with Future Group to make and sell merchandise as well as wholesale distribution in India .
Future Group ’ s value fashion format FBB plans to invest Rs . 350 crore to open about 140 exclusive outlets as it aims to double turnover in the next two years . Out of these planned 140 new exclusive stores , 40 will be opened in the current fiscal year . At present , FBB retails its products through 385 points of sales in Big Bazaar stores , including 62 exclusive outlets .
Aditya Birla Retail Limited is the retail arm of Aditya Birla Group , a US $ 41 billion corporation . Fashion brands of Aditya Birla Fashion and Retail Ltd ( ABFRL ) include Louis Philippe , Van Heusen , Allen Solly and Peter England . It also includes India ’ s first fast-fashion youth brand , People ; India ’ s largest fully integrated fashion multi-brand outlet chain , Planet Fashion ; India ’ s largest premium international brand retailer , Aditya Birla Fashion which has also announced that it will acquire exclusive online and offline rights of Forever 21 , an American fast-fashion brand , in the Indian market .
Raymond Group is one of the oldest retail players in India and was established in 1925 . Raymond Ltd . Group is well reputed for its eponymous brand of clothing and superior quality fabrics . The parent company is the world ’ s largest manufacturer of integrated fabrics . Raymond Group owns over 1,100 showrooms in nearly 400 cities of
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Indian retailers / brands also on a roll …
On the other hand , Indian brands such as Fabindia ( India ’ s largest private platform for products that are made from traditional techniques , skills and hand-based processes ), W , BIBA , AND , Allen Solly , Van Heusen , Being Human , etc ., are also quite successful in the domestic market with extensive plans for expansion . And there are hundred of small brands which are on the path of achieving popularity . The major Indian companies that account for a large chunk of Indian retail are : Future Group , Arvind Brands , Reliance Retail , Shoppers Stop , Trent , V2Retail , V Mart and Tristar Retail .
Arvind Lifestyle Brands is home to many international brands like Gap , The Children ’ s Place , IZOD , Ed Hardy , Aéropostale , Gant , Hanes , Arrow , Flying Machine , Cherokee , US Polo , Elle , Excalibur , Nautica , Calvin Klein , Sephora , Unlimited , Geoffery Beene and Ruggers . In the meanwhile , Provogue ( India ) Limited , a public listed company , is a menswear fashion brand of contemporary clothing available through more than 350 doors across 73 cities pan-India . Reliance Retail operates some 419 stores across India for top foreign brands including Marks & Spencer , Vision Express , Quicksilver , Diesel , and others .
On the other hand , the mass market has two major players – V-Mart and V2 Retail . VMart Retail primarily operates in Tier-2 and Tier-3 cities and across northern , western and eastern parts of India . The company currently operates 109 stores across 91 cities and offers fashion garments at down-to-earth prices , targeting over
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four-fold jump in revenue to touch Rs . 2,500 crore ( US $ 391.71 million ) by 2020 with smaller towns expected to be its key growth drivers . V2 Retail Limited is one of the fastest growing retail groups in India selling apparel and non-apparel products . Currently , V2 Retail Limited is managing 1,90,000 sq . ft . space with a turnover of Rs . 300 crore ( US $ 45.4 million ) in FY 2015-16 .
Today , Tristar Retail Private Limited is also recognised as one of the leading players in retail running branded stores across India . The company has established association with leading brands in India like Reebok , Levis , John Players and Levis Signature with 150 individual branded stores and presence across 47 cities and 9 states . Another retailer to watch out for is Trent that owns and manages a number of retail chains in India . The company runs lifestyle chain Westside , one of India ’ s largest and fastest growing lifestyle retail stores . It has 73 stores across India , which offer clothes , footwear and accessories for men , women and children . Fashion Yatra represents the stores that bring quality fashion at low prices to value-conscious customers in towns across India .
Shoppers Stop Limited ( SSL ) is India ’ s prominent retail group and a pioneer in the organised retail industry of India with 74 stores in 33 cities . Shoppers Stop offers a wide assortment of national and international brands across categories such as fashion apparel , accessories , cosmetics , perfumes , home and kitchenware . With a strong business model , the company is well equipped for a stable growth trajectory . In FY 2014 – 15 , Shoppers
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ESSENTIALS
The market for apparel and lifestyle products in India is currently estimated at US $ 85 billion and is expected to reach US $ 160 billion by 2025 . This exciting retail space is attracting many international players besides home-grown brands and retailers .
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