Planet Fashion projects 20 per cent growth

Planet Fashion recently announced that it has projected a growth of 20 per cent during the current fiscal. Senior company officials highlighted strong demand for branded clothes in smaller towns and they are also planning to expand their store network in Tier-II and smaller towns. Shoaib Farooqi, COO- International Business & Trade Sales, Planet Fashion, said, "We expect our revenue to grow by 20 per cent to Rs 361 crore during the current fiscal, and as part of that strategy, plan to
open twenty stores.”