Retail in Asia

In Sectors

India’s SRS Group to expand retail business with several new stores in 2010

SRS Group, one of India’s leading conglomerates with business interests in real estate, multiplex cinemas, retail and food & beverages, has announced the expansion of its retail business with the launch of its second FASHION WEAR outlet at the Crown Plaza Mall in Faridabad. FASHION WEAR is SRS Group’s branded fashion wear retail brand. SRS Group currently has two Fashion Wear outlets and plans to expand its retail operations by adding more outlets in the current year in cities like Amritsar, Patiala, Chandigarh, Jaipur amongst many other cities and towns. SRS Group also plans to have many of its 42 SRS Value Bazaar outlets retail branded apparel and fashion accessories, which will be showcased in exclusive fashion wear sections in the stores.

Dr. Anil Jindal, Chairman & Managing Director, SRS Group, said, “We are extremely pleased to have initiated our retail expansion plan with the launch of our new Fashion Wear store. This year, we aim to reach out to newer geographies besides strengthening our presence in the retail sector in North India. We are confident that SRS Fashion Wear will elicit the same enthusiastic response from the customers in the newer markets as we have received from the cities that we currently operate in.”

Spread across approx. 8000 sq. ft. area, the new SRS FASHION WEAR outlet is a complete Family Store for branded apparels and has a fabulous range for men, women and kids. Apart from the vast variety of apparels from nationally recognized brands, the new outlet also offers a comprehensive range of cosmetics, bags, accessories etc. and is positioned as a complete shopping destination.

Mr. Sunil Jindal, Managing Director, SRS Ltd., said, “We are confident that our customers will appreciate the availability of their favourite brands of garments and accessories under one roof at FASHION WEAR. Our knowledgeable and professionally trained sales staff, warm and friendly ambience, quality and variety of products, fresh stock and various value added benefits will all add to their shopping experience.”

The new FASHION WEAR store has opened with an exciting Sale, offering maximum value to its consumers. The store has on offer more than 30 Indian and International premium apparel brands including Lee, Levi’s, Wrangler, Van Heusen, Louis Philippe, Lilliput among many others.
 

(Source: SRS Group)