Future Group to Expand Affordable Fashion Retail Format, Targets Rs 10,000 crore from Fashion

  • Future Group is planning to open 80 new stores for its affordable fashion format. FBB (Fashion Big Bazar), this fiscal year. Kishore Biyani is an interview said that the retailer plans to sell 23 crore units of garments by March next year.
  • Around 40% of the group’s revenue us driven by sales. Future Group launched its largest FBB store in Kolkata. It is on an expansion spree in Kolkata and soon plans to set up a Central store over 1.5L sq. ft.
  • Future Supply Chain Solutions has set up a distribution centre at Burdwan, near Kolkata. This will enable the group to reduce complexity, increase productivity and offer better services to customers in the eastern region.
Source: http://bit.ly/2nNfad8

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