Financial Daily from THE HINDU group of publications
Friday, Aug 12, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Marketing - Retailing


Lifestyle to open its value fashion stores next year

Our Bureau

Bangalore , Aug. 11

LIFESTYLE, a chain of multi-brand stores owned by the Dubai-based $500-million retail major Landmark, is gearing up to introduce Max, its value fashion retail chain, in India in the first half of 2006.

The Max chain of stores was rolled out in 2004-end in Dubai, Abu Dhabi and Sharjah.

The stores, which are spread across 25,000-35,000 sq.ft., carry clothing, footwear, homeware and accessories.

Lifestyle, which has shifted its operations from Chennai to Bangalore, is planning to increase its outlets from seven to 25 in the country by 2007-08.

With it, Lifestyle expects its turnover to touch Rs 1,000 crore during the period from the current Rs 300 crore, according to a company press release.

The company, which set up its first store in the country a few years ago in Chennai, has just one stand-alone outlet in Bangalore.

But it plans to ramp up its presence in the city to fivestores in two to three years, through a mix of stand-alone models and within malls, said sources.

The shift to a 40,000 sq.ft. space in Sigma Tech park in Bangalore will enable Lifestyle International to consolidate all its operations under one roof, including procurement and merchandising.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


TMB Ltd

Stories in this Section
Hollywood movie CDs at Rs 30?


Lifebuoy joins campaigns against diarrhoea in Mumbai
AirtelExpress van tour in Mangalore
CNBC TV 18 to launch business leader award
Marketing is about mindsets and attitudes: Dipak Jain
IA offer on Tirupati route
GET Lionel eyes Rs 350-cr turnover
Lifestyle to open its value fashion stores next year
Lenovo India outlets
Poultry shops sport a new look as hatcheries embark on brand awareness
Fortune Brands acquires Teacher's Scotch Whisky
Amara Raja launches limited edition battery to honour Narain Karthikeyan
Lancaster range of cosmetics launched
Tata Safari DICOR launched in Kerala market


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line