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.