Woodland: Remains bullish on its near term business

Woodland: Remains bullish on its near term business

07 March 2022, Mumbai:

On the strength of strong winter season sales, Woodland, the top footwear and performance gear brand, expects sales to recover in the current fiscal year.

About Brand

Woodland is a premium brand of outdoor shoes and apparel in India with a network of 500 exclusive stores worldwide, the ultimate showcase for all Woodland collections, the stores offer unparalleled customer service.

The brand has a presence in more than 4800 multi-brand outlets globally.

*Harkirat Singh, MD, Aero Club Expects 8-10 percent growth in business in the second quarter of next fiscal.

ALSO READ: Woodland, a global footwear and clothing company, aims to reach Rs. 2,500 crore in sales by 2025

The company, which had posted sales of around ₹1,250 crore in FY-20, saw revenues dropping to ₹700 crore in FY-21. However, things are expected to be better this year and the company is hopeful of closing the current financial year at around ₹1,000 crores.

 

RELATED ARTICLE Woodland to add new stores this fiscal

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CREDITS: Business Line. 

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