Sanjay Lalbhai
Retail
Arvind announces proposal to demerge brands and retail business
The board of directors of Arvind Ltd have announced plans for demerger of its branded apparel business and the retail business (under the Megamart banner) into wholly owned subsidiaries with effect from April 1, 2009.The demergers will be done...
Retail
Arvind to expand retail operations
Arvind Mills, one of India’s leading textile manufacturers and owner of various apparel brands, has planned to invest around Rs 400 crore to expand its retail presence.“The new business environment presents new opportunities. We have looked at each business...
Retail
More of Arvind for small cities
Textile majors Arvind Mills is planning to open 30 large-format and 200 small-format Megamart stores across 100 tier II and III cities in the country.“We are planning to invest Rs 300 crore for expansions,” Sanjay Lalbhai, managing director, Arvind...
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86% of consumers plan to buy apparel and accessories for Diwali: Report
As per the survey, 36.18% of respondents plan to increase their festive spending compared to last year, while 35.02%...
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