Stephens Brothers targets 40 per cent growth in FY11

English clothing brand, Stephens Brothers is planning to target the revenue growth of 40 per cent this fiscal. It has also planning to increase its retail presence through a tie-up with large-format store chain—Central.

Stephens Brothers plans to acquire a carpet area of around 300-400 square feet at Central stores and will retail merchandise for both men and women, including apparels and accessories.

The brand is presently retailed by Brandhouse Retail (BHRL) -- the retail gateway of SKNL in India, through 17 exclusive brand outlets across six cities.

The company has targets to increase its exclusive showrooms to 20 in the next 2 years.

Stephens Brothers, owned by UK's Austin Reed Group and licensed to SKumars Nationwide (SNKL) in India, is a premium brand for men and women.