Monte Carlo opens debut store in Hyderabad

Premium apparel brand Monte Carlo Fashions, has launched its first exclusive brand outlet at Jubilee Hills in Hyderabad. The new store offers a complete range from the brand’s portfolio catering to men, women and tweens from 8-14 years age-group.

Monte Carlo Fashions is a leading manufacturer and retailer of woollen products, including sweaters and cardigans, and cotton knitted garments such as T-shirts and track suits. It also supplies accessories like belts, ties, inner wear, thermal wears and socks. MCFL's manufacturing facilities are located in Ludhiana, Punjab, and are fully backed by capabilities in product development, design studio and an efficient sampling infrastructure. It is available across 217 exclusive brand outlets and 1200 plus multi brand outlets in India and abroad.

For fiscal year 2015, the company reported revenue growth of 15.8 percent to Rs 582.6 crores. Profit after tax grew by 9.9 percent to Rs 59.7 crores in FY15. MCFL reported healthy EBIDTA margin at 21.1 percent.