11th October 2021, Mumbai:
Leading branded apparel company under the umbrella brand “Monte Carlo, Monte Carlo Fashions. has witnessed a strong demand for the Summer products in recently conducted Trade Show (Spring Summer 2022- order booking) and with sales swiftly moving above or close to pre-COVID levels.
During the second quarter ended September 2021, the company expects strong volume growth and calibrated price increase. This is mainly on account of opening up of economy on the back of reduction in COVID 19 cases and removal of lockdown restrictions in most of the geographies, it added.
The company has strengthened its retail presence in India with the opening of 12 new EBO’s during Q2 FY22; with this, the company has achieved a milestone of 300 EBO’s across 20 states and 4 union territories in India.
Apart from thrust on retail network expansion, the company also accelerated its digital and Omni channels during the quarter.
TOP 5:
2. Consumers will determine growth of sustainable fashion e-comm in India
3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'
4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22
5. Nike strengthens retail presences with new store at DLF Mall of India,Noida
