• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Mumbai, Nov. 26

Hedging its risks in the exports business, Evinix Accessories is turning to the domestic retail industry. With plans of launching 125stores under the name CUT (Comfortable, Urban and Trendy), the textile company is targeting youth in tier-II and III cities by bringing in 32 global brands at its stores. Marking an investment of Rs 170 crore, the company intends raising the money through internal accruals, IPO and partly through debt and equity. CUT would offer garments w ith limited editions and then go into the discount mode, if it does not go off the shelves.

— Our Bureau

More Stories on : Retailing | Readymade Garments

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

Stories in this Section
NPPA issues notices for Rs 736 cr for overcharging

Copyright © 2007, 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