Arvind Store aims to achieve Rs 600 crore turnover by 2020

Arvind is targeting to turn the ‘Arvind Store’ into a Rs 600 crore business by end of 2020. The growth will be derived by expansion of stores from 142 now to about 550 stores. Further, the company would continue to remain focused in the tier II to tier V cities and town. These stores would offer premium shirting & suiting fabrics under brand Tresca.

Arvind has a portfolio of 12 of its own brands. It also runs the country’s largest value retail chain Megamart and the UK-based department store chain Debenhams, and the apparel specialty retail chain Next. Arvind has over 1.3 million square feet of retail space across various brands.