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Himatsingka working out plan to double turnover from branded porfolio

YarnsandFibers News Bureau 2014-09-03 17:00:00 – New Delhi

Himatsingka Seide, a leading firm in home textile is working out plans to double turnover from its branded portfolio which consists of 10 brands, including Calvin Klein, Esprit, Barbara Barry and Bellora to Rs 1,200 crore by next fiscal.

Himatsingka Group Executive Director Shrikant Himatsingka in a BSE filing said that they are focused on expanding the strength of their branded portfolio and see several opportunities on the horizon that will help the group grow revenue streams.

The Rs 2,000 crore Himatsingka Group reported turnover of Rs 600 crore from its branded portfolio in 2013-14.

The company is exploring various initiatives to expand its brand portfolio and deepen the distribution network of these brands.

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