Titan To Foray Into Women’s Ethnic Wear Segment
Tata workforce firm Titan organization on Wednesday stated it’ll foray into the females’ ethnic wear section on a pilot groundwork.
“The enterprise has on account that inception been exploring possibilities in personal culture categories. One such class is precise celebration ethnic wear for females on the way to now be piloted for figuring out customer attitudes and preferences,” Titan enterprise stated in a submitting to the BSE.
“The pilot, which may include setting up a couple of stores, is expected to final about 12 months on the finish of which the corporation will take a resolution on the longer term course of motion,” it brought.
At present, Titan has a presence in a couple of personal lifestyle categories including jewelry beneath Tanishq brand, eyewear beneath Titan Eye Plus brand and watches under Titan brand.
For economic 12 months 2015-16, Titan suggested a net revenue of Rs 705.85 crore when put next with Rs 823.07 crore within the prior 12 months.
Titan’s web sales within the yr ended March 31, 2016, stood at Rs eleven,176.9 crores as against Rs eleven,791.04 crores in the earlier fiscal 12 months.
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