News: Benetton opens an exclusive outlet in Chennai
(RetailBiz 06/01/2006) Chennai - "Benetton India, which has opened 20 outlets across India in 2005, will expect to do the same in the following year," said Gagan Singh, MD, Benetton India.
Speaking at the launch of Benetton's 4,500 sq ft store, she said that Benetton India has had a growth of 30 per cent in terms of revenues in the year 2005. The store is the company's first exclusive outlet in Chennai and the first mega store in South.
"Benetton will look to open four to five new stores in the South next year," she added. M Lankalingam, Chairman and Innovation Head, Lanson – the owner of the franchisee in the Chennai store, said that an investment of Rs 1 crore went into the store. He also added that within the next eight months, one store would be opened in Pondicherry and two in Kerala, one of which would be in Kochi. Another one would be opened in Chennai in Ampa Mall – the upcoming retail centre, with two levels- one for adults and one for children.
The megastore showcases eveningwear and casuals for adults and children and also the Autumn Winter 2005-06 collection of Benetton, which caters to all age groups.
Speaking at the launch of Benetton's 4,500 sq ft store, she said that Benetton India has had a growth of 30 per cent in terms of revenues in the year 2005. The store is the company's first exclusive outlet in Chennai and the first mega store in South.
"Benetton will look to open four to five new stores in the South next year," she added. M Lankalingam, Chairman and Innovation Head, Lanson – the owner of the franchisee in the Chennai store, said that an investment of Rs 1 crore went into the store. He also added that within the next eight months, one store would be opened in Pondicherry and two in Kerala, one of which would be in Kochi. Another one would be opened in Chennai in Ampa Mall – the upcoming retail centre, with two levels- one for adults and one for children.
The megastore showcases eveningwear and casuals for adults and children and also the Autumn Winter 2005-06 collection of Benetton, which caters to all age groups.
posted by InCar Group Press Room at 15:31
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