Business Daily from THE HINDU group of publications Friday, Mar 09, 2007 ePaper |
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Marketing
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New Products & Services Web Extras - Readymade Garments Benetton India unveils new collection Our Bureau
Ahmedabad March 8 Benetton India Pvt Ltd, the Gurgaon-based Indian arm of the leading Italian group Benetton, launched its Spring/Summer 2007 collection at a fashion show here to showcase its brands United Colors of Benetton and Sisley with a view to tap the emerging market for global apparel brands in the country. Speaking to reporters here, Ms Gagan Singh, Managing Director, said the company is not tying up with retail majors for now and is expanding through its own vendors' network. Its Gurgaon-based factory produces more than one million pieces of garments annually, mainly for the Indian market.
The revenues of the Indian company with its sale of 2.5 million pieces stood at more than Rs 100 crore at present, with a 30 per cent annual growth, she added.
Ms Singh said Benetton would launch its outlet in Bangalore on March 9.
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