Max Fashion aims Rs 3088 crore revenue by FY18
Max Fashion aims Rs 3088 crore revenue by FY18

Fashion brand, Max Fashion, targets to achieve Rs 3088 crore revenue by end of  FY18. The company also aims to add 60 more stores by March 2018, this will take the total store count to 250.

Vasanth Kumar, Executive Director, Max Fashion, said, "We are growing at a rate of 34% year-on-year for the last 10 years and expect to achieve Rs 3088 crore revenue by end of this financial year. We are also planning to launch 60 stores by the end of next financial year by putting an investment of Rs 5 crore for each store. Out of which, 2 and half crore is the capex and 2 and half crore is the working."

Max Fashion which operates 190 stores presently is primarily seeing its growth coming from kids wear segment. The company now aims to achieve Rs 700 crore alone from this single category.

Kumar added, "Kids wear is the anchor category for max and provides a visa for the entire family to come and shop at Max."

 

 
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