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During the Financial Year 2017-18, V-Mart reported an increase in revenue by 22 percent to Rs 12,224 million, EBITDA by 57 percent to Rs 1,328 million, PAT by 77 percent Rs 777 million and same store sales growth of 9 percent over a base of 13 percent previous year.Online City Entertainment Open URL :j158.ccThe Company expects to close a significant portion, if not all, of its brick-and-mortar stores and, in connection therewith, the company has launched a store closing and liquidation process.Online City Entertainment Open URL :j158.cc“Our first priority was protecting and investing in our people. Our brand is all about team, which is behind the brand…We realise that we are in a very difficult situation…(but) we keep investing in our people. Whatever brand we are today, we are all because of our team,” he was quoted by PTI as saying. Open URL :j158.cc
Increasing acceptance of ethnic wear has opened new doors for brands like Flyrobe, Stage 3, Rent A Closet, The Clothing Rental and many more. These brands off er ethnic wear by renowned designers and make them affordable for the normal public.Online City Entertainment Open URL :j158.ccHis theory stands true as foreign brands are always searching for new strategies for continuous growth and are more innovation led. While foreign brands continue to lead with innovation led products, domestic brands are gaining ground in some markets including the first-tier cities differentiating them at the design level. This truly is now highlighting the intense competition for mind share of consumers by both international and domestic brands.Online City Entertainment Open URL :j158.ccAccording to him, the agreement with Dhoni is for two years and boys adore him which augurs well for the company. Open URL :j158.cc
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