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New
Delhi: Raymond Apparel plans to open a hundred exclusive
men''s apparel brand ''Notting Hill'' retail outlets across
India by March 2009.
The
first outlet is getting ready for launch in the national
capital, and would most probably open next month, with
another 9 planned for inauguration by the end of the current
fiscal year.
The
company expects a turnover of Rs25 crore from ''Notting
Hill'', after which it would revise its sales numbers.
''Notting Hill'' has been launched to primarily cater to
the mid-segment of the men''s apparel market in the country.
Designed
in-house, the Notting Hill range comprises suits, shirts,
trousers, jeans, T-shirts, and accessories such as ties
and socks. It is primarily targeting the working men population
in metros and semi-urban cities.
According
to the company, the new brand offers an excellent combination
of fashion, quality and affordability, and has the potential
to tap the Rs5000-crore mid-segment of menswear in the
country.
Raymonds
Apparel is a 100 per cent subsidiary of Raymonds Ltd.,
and has some well known brand as part of its stable, including
Park Avenue, Parx, Manzoni and ColorPlus.
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