'Most of our brands will be around ₹1,000 cr in 2 years'
Mint Mumbai|June 06, 2023
NEW DELHI : Over the last few years, Arvind Fashions Ltd has overhauled its business and parted ways with several brands to make its portfolio lean.
Suneera Tandon
'Most of our brands will be around ₹1,000 cr in 2 years'

In 2020, it ended its deal with American casual clothing brand Gap; and in 2021, it sold its Unlimited retail business to V-Mart Retail Ltd as it pursues a plan to build fewer but bigger brands.

In an interview, Kulin Lalbhai, vice chairman and non-executive director, Arvind Fashions, spoke about the company’s plans to scale core brands, including US Polo Assn., Tommy Hilfiger, Flying Machine, Arrow, Calvin Klein, and Sephora; it also runs stores for Aeropostale and Ed Hardy in India. In FY23, the company’s revenue from operations stood at 4,421 crore; it also reported a profit of 37 crore, after reporting a loss of 267 crore in the previous fiscal. Edited Excerpts:

この記事は Mint Mumbai の June 06, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mint Mumbai の June 06, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

MINT MUMBAIのその他の記事すべて表示
How sports became the MVP of brand building
Mint Mumbai

How sports became the MVP of brand building

With its emotional resonance, evolving digital capabilities and unmatched reach, sports offers brands an opportunity to create lasting legacies

time-read
3 分  |
November 18, 2024
Mint Mumbai

What makes Indian roads the deadliest?

A road accident in Dehradun early on Tuesday last week killed six and left one critically injured—a stark reminder of Indian roads being the world's deadliest, with the highest fatalities globally.

time-read
1 min  |
November 18, 2024
Macrotech aims to scale digital infra business on its own
Mint Mumbai

Macrotech aims to scale digital infra business on its own

Its digital infra portfolio under Lodha Industrial and Logistics Park is 5 mn sqft across 3 warehousing & industrial parks

time-read
1 min  |
November 18, 2024
Amazon India relocating HQ
Mint Mumbai

Amazon India relocating HQ

The company's move from World Trade Centre raises questions about how Brigade would find a new tenant

time-read
2 分  |
November 18, 2024
Mint Mumbai

Data dive: Should RBI let the rupee weaken?

To smoothen the fluctuations in the rupee, the Reserve Bank of India (RBI) has often intervened in the markets with its kitty of foreign exchange reserves.

time-read
1 min  |
November 18, 2024
Hero MotoCorp's ride may be easy
Mint Mumbai

Hero MotoCorp's ride may be easy

Accelerating growth

time-read
2 分  |
November 18, 2024
Investors lose nearly ₹50 tn in 7 weeks
Mint Mumbai

Investors lose nearly ₹50 tn in 7 weeks

Broader markets also fell, with Nifty Midcap 150 down 10.7% and Nifty Smallcap 250 falling 10.1% as of Thursday

time-read
1 min  |
November 18, 2024
BLINDED BY A LOT OF SOAP, BUBBLES—AND TRADITION
Mint Mumbai

BLINDED BY A LOT OF SOAP, BUBBLES—AND TRADITION

Bertie realised that the real problem wasn't over-borrowing, but it was over-lending

time-read
3 分  |
November 18, 2024
High valuations won't stop investors from buying Indian equities
Mint Mumbai

High valuations won't stop investors from buying Indian equities

India stands out as a compelling growth and transformation story, largely driven by infrastructure...Stefan Hofer MD & chief investment strategist at LGT Bank Asia

time-read
4 分  |
November 18, 2024
Edtech cos eye skilling in nursing, healthcare
Mint Mumbai

Edtech cos eye skilling in nursing, healthcare

Upskilling in healthcare services has emerged as big business opportunity

time-read
2 分  |
November 18, 2024