Credo Brands Marketing news and archive

Mufti owner Credo Brands reports Q2 sales growth of 16 percent

Credo Brands Marketing Limited, owner of men’s casual wear brand Mufti reported second quarter sales of 165.6 crores, up 16 percent and first half revenue growth of 21 percent to 284.1 crores. The company’s same store sales growth (SSSG) for EBOs was 4.7 percent for the second quarter and remained flat for the first six month period. Credo...

Business

Mufti owner Credo Brand sets IPO price band at 266 to 280 rupees per share

Mumbai-based Credo Brands Marketing Limited, owner of apparel brand Mufti, has fixed the price band at 266 rupees to 280 rupees per equity share for its initial public offer (IPO). The company said in a statement that the planned IPO will open on December 19, 2023, for subscription and close on December 21, 2023. Investors can bid for a minimum...

Fashion

Mufti to strengthen its denim portfolio

With a healthy 20 to 25 per cent growth per annum, Mufti, the brand from Credo Brands Marketing feels that the only way to remain profitable is to be better than the competition. “The managerial bandwidth for companies like us has grown and you have to beef that up to handle growth. The management has to be in sync with the brand image. That’s a...

Fashion

Mufti’s Goals: To be a global brand with Indian roots

Aspiring to be a globally relevant brand with a complete lifestyle positioning, men’s casual wear brand Mufti from Credo Brands Marketing recently introduced a women’s line in select Exclusive Brand Outlets and Westside. The brand is also expanding its retail footprint by launching more stores. As Kamal Khushlani, Director, Credo Brands...