India’s Leading Footwear retail chain, Bata India has added 95 new stores and renovated 83 stores in CY 2013. However, the company seems to have also closed a high number of stores during CY13 indicated by the disposal / reduction on the Gross block of fixed assets. The store closures though would be older small sized stores, which were not necessarily located in prime locations and would not be performing well as they are constrained by the location and product range.
In CY13, we note that premium brands (more…)
In the apparel value chain, fibre suppliers (whose cutting-edge technology may help breed innovation) and brand owners are the most profitable operators. Other textile players in between may have divergent profitability depending on their capabilities, capacity and customer strategies, etc. In this report, our focus is on those names dealing with cotton or synthetic fibres.
