Bombay Dyeing news and archive

Bombay Dyeing bets big on menswear brand Cezari

Eyeing a revenue of Rs 500 crores by 2020, Bombay Dyeing is betting big on menswear brand Cezari to drive growth. Currently there are 27 company-owned stores, 3,000 multi-brand stores and over 400 franchise stores across India. The company reported a consolidated net profit of Rs 162 crores for the December quarter as against a net loss of Rs...

Retail

Bombay Dyeing on retail expansion drive, to open 100 franchise stores

Bombay Dyeing & Manufacturing Company, which recently forayed into the apparel sector with the launch of its menswear brand ‘Cezari’, has planned massive expansion. The company will set up 100 franchise stores across India as it eyes revenues of Rs 500 crore by 2020. These stores will house the Cezari brand alongwith the company’s home textile...

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Business

Bombay Dyeing’s Q1 net loss grows

Bombay Dyeing’s net loss widened to Rs 93.74 crores for the quarter ended June 30 as against a net loss of Rs 32.71 crores in the same period a year ago. Total income during the period under review stood at Rs 410.31 crores. It was Rs 638.33 crores in the year-ago quarter. Bombay Dyeing is a Wadia group textile company. The firm is looking at...

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Business

Bombay Dyeing’s sales grow 55 per cent in FY18, retail expansion on cards

In financial year 2018, Bombay Dyeing’s net sales grew 55 per cent. Real estate followed by polyester were the major drivers of growth and contributors to the topline. The company raked in revenues at 40 to 50 per cent of MRP on its books. It is expanding its retail reach. Currently, it has 27 company-owned stores, 400 franchise stores and is...

Retail

Bombay Dyeing plans new store openings

Bombay Dyeing is looking at opening 500 exclusive stores. These will be run as franchises. Also, 30 company owned outlets will be transformed into experience centers. The company is aiming for a retail turnover of Rs 1,000 crores and will also be setting up an e-commerce platform besides investing in technology and promotions. Bombay Dyeing is a...

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Business

Bombay Dyeing aims for Rs 1,000 crores turnover

By 2020, Bombay Dyeing is aiming to have 10,000 MBOs across India. The exclusive stores run by franchises will increase to 500 from 200 in the same period with its 30 company-owned outlets turning into experience centers. The retail turnover is expected to touch Rs 1,000 crores. For summer 2017 Bombay Dyeing is offering an array of designs....

Retail

Bombay Dyeing revamping brand with more focus on retail

Since the last two years, Bombay Dyeing has been trying to reinvent itself by moving away from its manufacturing heritage and to becoming a retail brand. The retail unit of Bombay Dyeing has outsourced its manufacturing operations and is now rejigging its management, communication, go-to-market strategy and employee profile to reflect the...

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Bombay Dyeing net loss widens to Rs 53.37 crores

Bombay Dyeing and Manufacturing reported a marginal decline in its standalone net loss at Rs 53.37 crores for the first quarter ended June 30, 2015. The company had posted a net loss of Rs 53.63 crore in the same period of previous fiscal, it said in a filing to BSE. Total income from operations, on a standalone basis, fell by 27 percent to Rs...

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Business

Bombay Dyeing sells its processing unit in Ranjangaon

Bombay Dyeing plans to sell its remaining textile manufacturing units, as the company is finding it difficult to sustain competition from the unorganised sector. Couples with this as rise in import from Taiwan, China and Bangladesh is leading to a negative impact on production. As per sources, the company’s textile processing unit at Ranjangaon...

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Business

Bombay Dyeing narrows Q3 loss, net sales up 6.68 percent

Bombay Dyeing and Manufacturing reported a net loss of Rs 65.93 crores for the third quarter ended December 31, 2014, compared to Rs 93.15 crores for the same period of previous fiscal. Net sales in the quarter under review stood at Rs 502.18 crores, up 6.68 percent compared with Rs 470.70 crores for the year-ago period. The company’s overall...

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Business

Bombay Dyeing narrows Q2 loss at Rs 34.43 cr

Bombay Dyeing and Manufacturing Company was able to narrow its losses to Rs 34.43 crores for the second quarter ended on September 30, 2014, compared to Rs 62.19 crores in the same quarter of last fiscal. Its net income during the quarter under review increased 8.72 percent to Rs 550.54 crores from Rs 506.36 crores for the same period of last...

Apparel

Bombay Dyeing eyes 20 percent growth from domestic textile business

Leading textile company Bombay Dyeing is aiming to achieve 20 percent growth inrevenue from the domestic textile business in the current fiscal. In the June quarter FY15, revenues from the textile segment soared 23 percent to Rs 134.73 crores over the corresponding quarter last year, but reported segment loss of Rs 1.62 crore. Domestic textile...