Central news and archive

Women’s fashion brand Raisin enters Central stores

Women’s contemporary fashion label Raisin is entering large format store Central in 15 cities across India. Raisin will position itself as a brand that provides modern women contemporary fusion wear that is not only exceptionally comfortable, but also stylish. Launched in 2018 Raisin offers dresses, kurtas and tunics. The brand represents the...

Retail

Future Lifestyle Fashions sees eight per cent dip in Q1 net profits

Future Lifestyle Fashions’ net profit fell eight per cent in Q1. As eevenue rose 17 per cent compared to the same quarter last fiscal. Future Lifestyle Fashions, part of the Future Group, sets the trend for Indian lifestyle fashion business by integrating some of India's most popular lifestyle retail destinations: Central, Brand Factory and...

Retail

Brands/retailers begin early EOSS

Many brands and retailers have advanced their end-of-season sales this year. Store chains like Central, Lifestyle and Brand Factory are offering almost 50 per cent discount on merchandise in June as the pressure to grow their top line increases. Central and Brand Factory are using different tactics from flat discounts to aggressive offers,...

Retail

FLF plans to add more Brand Factory, Central stores across India

Future Group is planning to launch around 200 Brand Factory stores in the coming years. Future Lifestyle Fashion (FLF) will open in airports across Goa, Lucknow, Bhubaneswar, Guwahati, Chennai and Chandigarh. The Goa store will be spread over 10,000 sq ft and others will be of 4000 sq ft. But the price of products will be the same as elsewhere....

Retail

Central opens store in Navi Mumbai

Future Group’s multibrand large format chain, Central has opened its 39th store and this one in Center One Mall, Mumbai. Spread across 1,10,000 square feet, the store restores an old building and puts the ‘brand atrium’ in the heart of the store. The store stands out for the heights of mannequins and window displays. Talking about the store...

RetailFeatured

Future Group back on fashion business growth roadmap

As the fashion business matures the Future Group set to reap the benefits of scale, experience and power of brands in creating value for all its stakeholders, points out Rakesh Biyani, Joint MD, Future Retail. Lee Cooper, the company’s flagship denim brand, crossed the Rs 500 crores mark last year and is growing at double digits. Similarly,...

Retail

Brick and mortar retailers unfazed by competition from etailers

Online shopping may have caught on but Indian retail chains are undeterred. Future Group for example plans to add 15 new Central stores. Shoppers Stop is planning to open four new stores this year. The new stores will have designated shop-in-shops for private brands to provide a luxe experience. The chain is targeting seven to eight per cent...

Retail

Central to stock Biswa Bangla products

Department store Central, run by the Future Group, may soon stock Biswa Bangla products. Biswa Bangla is an apparel and décor brand from West Bengal. Its offerings include a variety of saris, linen and cotton shirts, casual pants, trousers, kurtas and a variety of handicrafts, decorative items and so on. The Future Group will also source and...

Retail

SBI, Future Group launch credit card for Central stores

The State Bank of India and Future Group have launched a co-branded credit card, jointly for the lifestyle departmental store Central. The card will offer benefits to premium lifestyle and fashion consumers. Since demonetization, card transactions have gone up from 61 per cent to 85 per cent at Central. The Future Group is looking to much more...

Retail

End of season sales may begin early this winter

End of season sales in India typically start in the first or second week of January, when the New Year season ends. But this year since winter has set in early, and demonetisation has affected two weeks of sales, most fashion retailers may have their discounted sales just before Christmas. Most retailers have seen a 20 to 25 per cent decline in...

Retail

Mammoth Central opens in Delhi

Future Group has opened a new Central spread over one lakh square feet in Delhi. It opens doors to a world of high definition fashion with a wall installation showcasing the best of national and international fashion brands the store has to offer. The various floors house women’s western wear, cosmetics, fragrance, watches and sun glasses. The...

BusinessFeatured

Physical stores record growth as discount schemes vanish from e-tailing

Brick and mortar retail stores are witnessing record growth as discount schemes seem to vanish from the online fashion portals. With the lure of discount offers fading away from the online fashion portals, the sales growth is back in the physical stores. Future Group’s Central and Brand Factory, Aditya Birla backed Pantaloons and Trent’s West...