Monte Carlo news and archive

Monte Carlo to continue retail expansion, targets higher growth rate

Apparel brand Monte Carlo, which opened 14 new brick-and-mortar stores in the July to September quarter, aims to continue its fast pace retail expansion into the New Year. The brand expects to achieve a compound annual growth rate of 20 percent in the coming three years with continued retail expansion as the brand benefits from the increased...

Retail

Monte Carlo to add all seasons products to its basket

Monte Carlo, the brand best known for its winter wear plans to expand its product range to cater to all seasons. The brand currently has over 253 exclusive brand outlets, over 2,500 multi-brand outlets, and 321 national chain stores. It also sells online through e-commerce firms like Flipkart, Amazon, Jabong, Myntra, and Kapsons. Monte Carlo...

Business

Monte Carlo's Q4 revenue up 15 per cent

Monte Carlo’s Q4 sales revenue rose 15 per cent. However, for the full year profit dropped 12 per cent and revenue jumped 14 per cent. Monte Carlo caters to men, women and tweens and offers shirts, tops, T-shirts, tunics, shorts, jeans, trousers, dresses, tracksuits and more. The range for men features varied options in formal and casual wear....

Business

Monte Carlo’s profits up, touches Rs 48 crore in Q3

Compared to Rs 35 crore, Monte Carlo Fashions net profit increased to Rs 48 crore (approx $7.5 million) for the quarter ended December 31 ) it had posted during the same period in the last financial year. The company’s revenue surged Rs 57 crore (approx $9 million) to Rs 357 crore (approx $55.7 million) during the period as compared to Rs 300...

Fashion

Monte Carlo launches Rock.It an exclusive brand of sportswear

Lifestyle brand Monte Carlo has launched a new workout and sportswear brand called, Rock.It. The new brand will be retailed through exclusive and popular e-commerce channels initially. To maintain design exclusivity only 300 pieces of each design will be made under the new range. Rock.It apparels are made of 100 per cent polyester, terry and...

Retail

Monte Carlo to expand its product basket of all-season apparels

Monte Carlo Fashions, best known for its winter-wear collections, is looking to expand its product basket to be known as an all-season brand. The brand is also looking to increasing retail presence pan India. At a recent investor presentation the company has said it plans to focus on a comprehensive range of cotton and cotton-blended products...

Fashion

Monte Carlo launches Tweens summer 2017 collection

Monte Carlo, the lifestyle brand known for its style and elegance has launched its latest collection for tweens (6-16 years). The collection is an exemplary portrayal of the brands ingenuity and customized craftsmanship. The collection aims to trigger kid’s imagination and make them look super stylish as gone are those days when you could make...

Business

Demonetisation affects shows up on bottomlines

Since demonetisation, textile and apparel manufacturers and retailers suffered a drop in business. Aditya Birla Fashion and Retail, which owns apparel brands such as Louis Philippe, Van Heusen, Allen Solly, Peter England and Pantaloons, lost Rs 100 crores in sales across all its textile business verticals. It posted 4.8 per cent year on year...

Retail

Monte Carlo opens one more outlet in Delhi

Monte Carlo has opened an exclusive brand outlet in Delhi. The store is spread over 2,250 square feet. The new fashion outlet offers a wide range of exciting apparel options for men and women across all age groups. This is the brand’s largest store in Delhi. It has a stylish and interesting winter collection which includes a variety of jackets,...

Retail

Low consumer spending may affect Monte Carlo’s winter business

Monte Carlo, best known for its woolens has a two to three per cent share of India’s winter wear market and 40 to 50 per cent share of the organised market for woolens. For the quarter ended September 2016, the company earned a standalone net profit of Rs 13.40 crores on revenues of Rs 124 crores. It derives about 55 per cent of its revenues...

Retail

Monte Carlo opens exclusive store in Jalandhar

Premium fashion and lifestyle brand, Monte Carlo recently launched its exclusive brand outlet in Jalandhar, Punjab. Spread over 2,500 square feet, this large exclusive store will help expand the company’s retail footprint in the city and aims to be a one-stop shop for the elite and fashion forward shoppers of the city. This new store is already...

RetailFeatured

Monte Carlo unveils trendy A/W 2016-17 collection

Monte Carlo, a premium winter wear brand has unveiled its A/W’16 collection reflecting a blend of modern styling with fresh designs. The season’s collection boasts of modern styling and innovative design ideas keeping in mind the consumer preferences. While the menswear for the season includes stylish and perfect cut jackets, blazers, trench...