Dollar Industries news and archive

Dollar Industries’ Q2 profits down seven per cent

Dollar Industries’ Q1 profits dropped seven per cent; revenue was down four per cent. Men’s innerwear contributed 89 per cent to the company’s overall revenue. The company’s popular brands Dollar Bigboss and Dollar Missy added 47 per cent and nine per cent to the revenue. Dollar offers active wear and graphic tees for women, various trendy...

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Business

Pepe Jeans and Dollar Industries form joint venture

Denim brand Pepe Jeans Europe has entered into a joint venture company with hosiery company Dollar Industries to manufacture and market premium fashion innerwear, loungewear, gymwear, sleepwear and track suits for adults and kids, in India. The new joint venture will see both companies holding a 50 percent stake in Pepe Jeans London, which will...

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Retail

Dollar Industries forays on the National Stock Exchange

Dollar Industries celebrated their first listing day on National Stock Exchange last Friday. The event saw the ringing of listing bell at 10:00 am at National Stock Exchange, BKC, Mumbai. The event started with the lighting of traditional lamp in the presence of Dindayal Gupta, Chairman, Dollar; Vinod Gupta, MD, Binay Kumar Gupta, Joint MD;...

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Business

Dollar Industries growing from strength to strength

Dollar Industries has registered a four-fold rise in turnover in the past six years. The company clocked in a turnover of Rs 830 crores in FY15-16. “People are looking for comfort and style like never before. And markets are forced to respond. There has been sudden brand awareness. Three or four years back, the unorganised market was huge. But...

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Retail

Dollar Industries back with its innovative winter thermal range

Dollar Winter Thermals is ready to warm up winters with its latest collections. It has four brands: ‘Dollar Ultra Magic’, ‘Dollar Ultra Thermals’, ‘Dollar Esteem’ and ‘Dollar Wintercare’. The brand experimented with colours, fabrics and is going all out to entice the customer. Warm winter offerings The designer thermal wear ‘Dollar Ultra Magic’...

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Dollar Industries targets Rs 1,000 crores revenues in 2016-17

Having grown over the years, Kolkata-based Dollar Industries is today an internationally recognised innerwear manufacturer that addresses the needs of men, children and women. During 2015-16, it reported revenue of Rs 830 crores. The company manufactures a range of more than 250 products across all innerwear segments. With its growing presence...

Fashion

Milind Soman unveils men’s innerwear brand ‘Force Nxt’

Model and actor Milind Soman, who recently won the Ironman Triathlon competition unveiled a new men's innerwear brand Force Nxt from Dollar Industries. The brand offers a wide range of options that ensures comfort without compromising on quality under three categories: Finez, Relaxz, Flexz. The company aims for a turnover of Rs 100 crores from...

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Fashion

Dollar keeps its date with winter with premium thermal range

Dollar Industries started as a manufacturer of hosiery products for men and eventually forayed into readymade garments for men, women and children. The brand is positioned as ‘premium products at value price’ for the common Indian household. This winter, the company introduced an ultra-premium range of thermal wear. “Last winter was good for...

Apparel

Dollar will migrate to BSE to comply with Sebi norms

Dollar Industries, listed on the non-functional Calcutta and Jaipur stockexchanges, will migrate to the BSE platform. This will be done before the end of this financial year to comply with Sebi norms. The makers of the innerwear brands Dollar Club and Force will also consider floating a share issue soon after to raise funds, required to develop...

Apparel

Dollar unveils ‘Micro Modal’ trunks for men

Hosiery major Dollar Industries has launched a range of ‘Micro Modal’ trunks under Dollar Bigboss label. Micro Modal fiber is made of European Beechwood and is completely natural. Because of Micro Modal’s botanic origin, it is eco-friendly and its fineness is comparable to natural silk. Trendy trunk is formulated with 95 percent micro modal and...

Apparel

Dollar Industries yearly sales up 18.11 percent

Dollar Industries has incurred a net loss of Rs 1.33 crore in the quarter ended March 2014 as against a net profit of Rs 2.05 crore during same quarter in previous year. Sales rose 21.34 percent to Rs 195.29 crores in the quarter ended March 2014 as against Rs 160.94 crores during the March 2013 quarter. The annual net profit rose 22.83 percent...

Apparel

Dollar invests Rs 35 cr to set up fabric processing unit in TN

Popular hosiery manufacturer listed on the Kolkata Stock Exchange, Dollar Industries has gone for capacity expansion. It has invested around Rs 35 crores to set up a fabric processing unit with a capacity of processing 15 tonnes of fabric everyday in Erode district of Tamil Nadu state. The company already has a manufacturing unit in Kolkata, New...