Dollar news and archive

Dollar profits up 31 per cent

In the last quarter Dollar saw a 31 per cent rise in profits. The company is eyeing a turnover about 14 per cent higher than last year’s. Dollar will invest around Rs 200 crores to strengthen its position in the northern and western markets by acquiring local players. The company is looking to acquire at least six small players in the hosiery...

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Business

CMAI Q1 Apparel Index: Growth bounces back as small brands do better

CMAI’s Apparel Index for Q1 April-June FY 2016-17 indicates the industry has managed better growth with overall Index Value at 5.45 points compared to previous quarter (Q4) where the overall Index Value was 3.79 points. Giant and Large brands, like always have maintained their growth trajectory which is still much higher than Small and Mid...

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Retail

Dollar Industries’ enters super premium segment with Force NXT

Men’s undergarments have undergone major changes. Homegrown brands have understood the needs of the modern man and come up with trendy and comfortable innerwear. Dollar Industries is one such company which has introduced Force NXT. Its range of products are super premium and in sync with latest trends. The company is now looking at making this...

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Business

Dollar Industries records turnover of Rs 829.94 cr FY15-16

Hosiery major, Dollar Industries recorded a turnover of Rs 829.94 crores for FY15-16 as against Rs 736.56 crores during FY14-15 as per audited financial results. Profit After Tax (PAT) grew by 35.48 percent to Rs 26.35 crores. EBITDA grew by 18.62 percent. Export revenue stood at Rs 69.35 crores, a 13 percent growth. This significant growth in...

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Business

CMAI’s Q4 Apparel Index indicates moderate growth at 3.79 points

CMAI’s Apparel Index for Q4 Jan-March FY 2015-16 indicates the industry managed to clock in moderate growth with an overall Index value of 3.79 points. Giant brands (with a turnover of above Rs 300 crores) and large brands (with a turnover of above Rs 100 to 300 crores) however, maintained their growth trajectory, even though their pace slowed...

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Retail

Dollar introduces Ultra-Premium thermals to combat winter

Dollar thermal line is an ultra-light warm clothing option to beat the chilly winter. The range includes men’s, women’s and children’s thermals made in quality fabric to keep the body warm and comfortable. “We have introduced the most stylish and designer range of thermals this year called ‘Dollar Ultra Premium”. They are ultra-luxurious...

Retail

Dollar introduces a new range of leggings

Hosiery products maker Dollar Industries has launched a new range of leggings, Dollar Missy Leggings, in multiple colors. Dollar which has been catering to women with an extensive range of camisoles and panties and has revived its leggings collection by introducing festive shades. With over 65 shades, Dollar Missy Leggings are compatible with...

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Business

Dollar to add gym vests, designer briefs soon

Dollar Industries, a well established name in innerwear segment, is now looking at spreading out in more Tier I and II cities. Also on its agenda, is the launch of new products to spread brand presence. Adding more to its product basket “The company has some products in the pipeline which will be launched soon. New Age gym vests, designer briefs...

Fashion

Dollar to relaunch men’s denim brand Force

Kolkata-based Dollar Industries, engaged in manufacturing hosiery innerwear and garments for men, women and kids, is planning to re-enter the men’s denim-wear segment. The company had nationally launched 'Force' brand of denims in 2012 with a low-profile entry in the eastern market towardsthe end of 2011. Pushing forward 'Force' denim...

Fashion

After hosiery, Dollar to focus on ‘Force Go’

Having clocked in 28 percent growth over previous fiscal, Dollar Industries is now looking at diversifying its business in a big way. It has introduced an innovative thermal range for the forthcoming winters. And now, the company is set take a huge leap from hosiery to apparel segment with its sub brand ‘Force Go’. Focusing on sub brand for...

Apparel

Dollar Industries records 28 percent growth in FY13

Hosiery major Dollar Industries has recorded a growth of 28 percent during the financial year ending March, 31, 2013. The company's turnover stood at Rs 579.47 crores as against Rs 453.54 crores in FY12. A similar growth is seen in the export revenue of the company, which registered an increase of 30 percent. The exports figure touched Rs 46.5...

Apparel

Dollar expects growth with new commercial

Dollar Industries expects a 15 percent growth in FY14 with its new commercial with Bollywood stars Akshay Kumar and Prabhu Deva. In the new ad Akshay Kumar is seen wearing a Dollar vest while matching steps with the dance exponent and actor Prabhu Deva. The campaign to be published across print, electronic and outdoor media to promote this new...