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Textile-to-retail conglomerate Arvind launched its ready-to-wear private label for men this April, and announced plans for expanding its retail footprint by adding 60 stores this fiscal year, a company executive said.
The company plans to retail the ‘Arvind Ready to Wear’ collection in 127 cities, at its exclusive stores, and online on e-commerce portals
amazon.in and nnnow.com. Currently, Arvind produces about 50 million garments in a year, which is mainly for branded apparel, and exports.
The company has 150 stores at present, and is planning to add 100 stores annually over the next three years. Textiles and branded apparel account for about crore in revenues for the R7,000- R800
crore company, at present. Arvind offers over 15 global brands and retail formats across various apparel and fashion categories in the country at present.