Financial Daily from THE HINDU group of publications
Wednesday, April 12, 2006
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Financial Daily from THE HINDU group of publications Wednesday, April 12, 2006 |
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News Update as at 18.00 hrs (IST)
Marketing CHENNAI: 108-year-old Century Textile Mills on Wednesday announced that it would open 70 more exclusive showrooms of its garment unit Cotton, to sell branded garments. Of the proposed stores, 20 would be in south India, Mr Subrata Siddhanta Business Head - Cottons said here after launching the company's retail brand in Tamil Nadu. Each of the new outlets would cost the company Rs 15 to 20 lakh, he said. The company has fixed a sales target of Rs 60 crore during the current year, he said. Fifty per cent of sales came from shirts, 20 per cent from trousers, nine per cent from Pyjama-kurtas and 10 per cent from T-shirts, he said. - PTI
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