Delhi-based Purple Panda Fashions, which owns and operates online lingerie store Clovia, is set to expand its production capacity from 5 lakh to 12 lakh units by the end of 2017.
"We are expanding our production capacity to 12 lakh units, with the growth of our business," Pankaj Vermani, co-founder and chief executive officer of Clovia, told.
The company expects to grow its business by 50 per cent quarter-on-quarter in 2017-18, he added.
"By the end of this fiscal, we expect our revenues to grow 1.5 times," he said.
Denne historien er fra November 2017-utgaven av Fashion You Intimate.
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Denne historien er fra November 2017-utgaven av Fashion You Intimate.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Marks & Spencer
Brings welcome relief for cancer patients.
