Koutons to consolidate business, expects increase in revenues

27 Nov 2009

Retail firm Koutons India is planning to consolidate its businesses by amalgamating various chains under the format Koutons family stores. The company is also expecting to increase its revenue by 32-35 per cent this fiscal.

Its focus is to consolidate and expand to make available all its products under one single roof. As a part of this it will be upgrading its exclusive mens stores into 'Koutons family stores' which will provide the entire range. The company will upgrade 100 Koutons men outlets into family stores by end of this fiscal.

Besides, the company is also expanding its retail chain to 1,500 outlets by March 2010. It will be opening 100 more stores this fiscal to take the retail chains strength to 1,500 stores from the existing 1,400 outlets. The company would focus on its recently launched 'k2one' range of casual denim wear as part of its growth strategy.

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