.Dubai-based Garments Group, which started its trip in 1996 in Dubai as well as grew its presence to India in 2001, is actually preparing to bet big on the Indian market. It is striving to open up 750 brand new outlets in the next 3 years, Nilesh Ved, founder, Garments Group said to ETRetail in an exclusive interaction.At found, the provider boasts of 85 brands and 2,200 retail stores across 14 countries. It presently operates 17 brands and also 250 shops in 38 urban areas of India." Our team see the scope of growth for each and every of our companies like Bathtub & Body Functions, Aldo, Crocs, and also Tim Hortons to name a few," he said.At current, the group operates thirty three shops of Tim Hortons and also organizes to take the overall outlet count to 250. It intends to increase Aldo coming from 69 retail stores to 150, R&B from 35 retail stores to 200, and also add 200 more shops of Crocs." Over the following six months, we likewise intend to offer 2 brand new F&B companies in India - Sushi Collection and Allo Beirut," he stated." We're regularly on the lookout for the gaps in the business be it value retail, or global brands in fashion as well as shoes," he better added.Currently, India adds 10 per cent of the income of the general team which is actually valued at $2.2 billion and also the provider plans to take India's allotment to 25 per-cent in the next three years." Nowadays, shoes, elegance, F&B, as well as worth section are actually the best-performing categories for us listed here in India," he asserted.For R&B, the business resources one hundred per cent of the fresh components from India for India retail stores and also 60 per-cent for the establishments in the Gulf of mexico." Currently, we are sourcing a lot of our raw materials for the brand Aldo coming from India, as well as in a year's time, our company are going to also start transporting it to various other countries worldwide," he ended.
Posted On Aug 31, 2024 at 01:32 PM IST.
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