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Bombay Dyeing to revive its retail business draws up a major strategy

Related Keywords: aiiming at revamping the loss, Bombay Dyeing and Manufacturing Company revive textile retail business, drawn up a major strategy, expanding store network, for a turnaround, growing product portfolio, investing in brand, tying up with international designers

Bombay Dyeing and Manufacturing Company to revive its textile retail business have drawn up a major strategy for a turnaround in 2017-18. Bombay Dyeing is aiming at revamping the loss making flagship textile business by investing in the brand, expanding store network, growing product portfolio and tying up with international designers. Admitting that competition from cheap imports from China and the unorganized sector had rendered its factories unviable.

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