Three Madura brands cross Rs 1,000 cr revenue mark

Three popular brands under the umbrella of Madura Fashion and Lifestyle, a unit of Aditya Birla Group company Aditya Birla Nuvo have managed to cross the Rs 1,000 crores revenue mark in terms of consumer price in fiscal 2015. Fiscal 2016 will see two brands from Arvind’s retail unit Arvind Lifestyle Brands, also cross the Rs 1,000 crores milestone.

While these three labels: Louis Philippe, Van Heusen and Peter England took almost 10-15 years to achieve the Rs 500 crores revenue mark, they achieved the Rs 1,000 crores in less than five years. Now the company expects them to report Rs 1,500 crores, in even lesser timeframe. While Louis Philippe is expected to cross the target next year, Madura F&L looks forward to having three Rs 1,500 crores brands in its portfolio in the next two to three years.