FBB news and archive

Future Retail to continue focus on Big Bazaar and FBB

Future Retail will continue to focus on the expansion of its Big Bazaar and Fashion Big Bazaar (FBB) stores. Currently, Big Bazaar and FBB contribute around 85 per cent to the company’s overall revenue. Future Retail saw a drop in footfalls amid the economic slowdown but is confident of a revival in the fourth quarter on the back of its...

Retail

Cold winter boost brands/retailers’ sales this year

December sales of brands/retailers in North India are up between 15 to 40 percent compared to last year with a strong winter this year. An intense cold wave has gripped parts of north India. Shoppers are rushing to buy warm apparel and winter footwear. The improved sales are helping retailers tide over what has otherwise been a slow period as...

Retail

Future Group ventures into Oman with two Fbb stores

India’s most preferred fashion destination by Future Group’s Fbb launched two standalone stores in Oman at the Mall of Muscat Ma’abela and City Centre Suhar. The stores were launched under a joint venture formed last year by Future Retail, the retail arm of Future Group, with Khimji Ramdas. The retail chain with a high density merchandise and a...

Retail

Fashion Big Bazaar to open 140 stores in two years

Fashion Big Bazaar has been rapidly expanding its presence across India. The plan is to add 140 exclusive brand outlets in the next two years. Currently, FBB has over 60 exclusive brand outlets and also retails through 385 points of sale in Big Bazaar stores. Fashion Big Bazaar is a fashion retail chain belonging to the Future Group. FBB...

Retail

FBB plans to open 80 new stores

FBB will open 80 new stores this year. At present there are 300 FBB stores. While the average size of existing FBB stores varies from 9,000 to 12,000 square feet, newer ones will be bigger, at 12,000 to 15,000 square feet. Currently around 70 per cent of FBB’s stores are located on high streets and the remaining 30 per cent in malls. In future...

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

FBB to open 35 new stores this financial year

Future Retail may open as many as 35 standalone FBB apparel stores this fiscal year. At the moment, FBB has 53 standalone outlets and also sells its products in 282 Big Bazaar hypermarkets. While the average size of existing FBB stores varies from 9,000 to 12,000 square feet, newer ones will be bigger, at 12,000 to 15,000 square feet. Currently,...

Fashion

FBB unveils new collection for Spring/Summer 2015

FBB, the leading fashion format under the Future Group unveiled its Spring/Summer 2015 collection through a glittering fashion show at Phoenix Market City Mall. The collection comprises of apparel and accessories for all occasions, ranging from daily wear, casual wear, college and office wear. Set against the backdrop of the popular mall in...

Business

Future Group to invest in expanding retail presence

The Future Group has decided to pump in over Rs 500 crores in 2015-16 to grow retail network. The company aims to open 20 stores of Big Bazaar, six to seven stores of Central and 10 Brand Factory stores, while increasing the store count of its convenience format chains such as Big Apple, KB’s and Nilgiris from 350 to 750. At the end of this...

Apparel

Future Retail FY14 same-store sales rise 6.3 per cent

During the fiscal year 2013-14 Future Retail has reported standalone income from operations of Rs 11,577 crores and EBITDA margin of 9.2 per cent. FY14 same store sales growth for value business that primarily operates Big Bazaar was 6.3 per cent, while that for home and consumer durables chains Home Town and eZone, was 2.5 per cent. The...

Apparel

With Shikhar Dhawan, FBB goes young and stylish

Fashion at Big Bazaar (FBB), a part of the Future Group recently roped in cricketer Shikhar Dhawan as its brand ambassador. He replaces Indian cricket team’s captain Mahinder Singh Dhoni. The aim is to provide a young and peppy avatar and attract youth to the fashion chain. Going with the mandate, creative agency for the FBB, DDB Mudra has...

Apparel

FBB ropes in Shikhar Dhawan, will focus on smaller stores

With the aim of boosting its fashion business, Fashion Big Bazaar (FBB) has signed cricketing sensation Shikhar Dhawan for a new campaign. The campaign under Kishore Biyani's flagship clothing brand will replace the earlier, ‘Desh badla, bhesh badlo’ (new attire for a new nation) campaign featuring cricketer M S Dhoni and actor Asin. The new...