Mandhana Industries news and archive

Mandhana’s net profit up 3.8 per cent

Net profit of Mandhana Industries rose 3.8 per cent in the fourth quarter of March 2016 over the fourth quarter of March 2015. Net sales saw a 5.9 per cent rise. Mandhana manufactures textiles and garments with state-of-the-art infrastructure. Its scope of business includes designing, yarn dyeing, weaving, processing, printing and garment...

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Business

Being Human eyes 30-40 percent growth this fiscal year

With retail revenue at MRP sales of about Rs 300 crores and net sales of around Rs 190 crores, Being Human Clothing backed by actor Salman Khan’s Being Human Foundation is looking forward to achieving a 30-40 percent growth over last year. Mandhana Industries is the exclusive global licensee of the brand and manages manufacturing and...

Retail

Being Human to enter kids’ category with a range for boys

Being Human Clothing, backed by actor Salman Khan’s Being Human Foundation and manufactured and retailed by Mandhana Industries, now plans to extend its product range by adding a collection for boys in the age group of 6-14 years. The new addition would be launched next year. It currently offers apparel and accessories for men and women. As a...

Retail

Mandhana to launch 20 new ‘Being Human’ stores

Being Human Clothing backed by Bollywood star Salman Khan’s Being Human Foundation now plans to open 20 more stores of the brand by the end of this year. Out of the 20 stores, 17 will be run by franchisees. The wide range of collection offered by the brand includes T-shirts, shirts, polos, denims, chinos, shorts, jackets, hoodies, flip flops and...

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With orders diverting to India, Mandhana eyes rise in exports

Sourcing orders from international brands are being diverted to India due to the ongoing political turmoil in Bangladesh and rising labour and production costs in China. Mandhana Industries is looking to cash in on this opportunity. While GSP and tax benefits to EU gives an advantage to Bangladesh and many brands are continuing to source from...

Retail

Being Human to open eight new stores by March 2015

Being Human Clothing, backed by actor Salman Khan’s Being Human Foundation aims to open eight stores including five franchise stores, two exclusive brand outlets (EBOs) in India and one franchise store in Nepal by March 2015. The new stores will be launched in Hyderabad, Kolhapur, Mohali, Noida, Lucknow, Pune and Jalandhar and Pokhra in Nepal....

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Mandhana to build more brands like Being Human

Mandhana Retail Ventures, the retail arm of Mandhana Industries, which manufactures and retails the brand Being Human, plans to ink partnerships with more such brands. It’s also looking at the possibility of launching its own label. Its parent company exports textile and garments to popular global apparel brands. Being Human was its first...

Retail

Being Human opens four new stores

Being Human Clothing, promoted by Bollywood actor Salman Khan’s Being Human Foundation, has opened four new stores within a month in Ambala, Bhopal, Udaipur and Ahmedabad following its plan of expanding retail footprint in India. The brand manufactured and retailed by Mandhana Industries now has a line up of 31 EBOs in the country including one...

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Mandhana to demerge retail business into separate entity

Mandhana Industries (MIL), leading manufacturer of textile and garments has announced the demerger of its retail business into an independent entity, namely Mandhana Retail Ventures (MRVL). The company would file for a demerger scheme with the stock exchanges and the High Court. And subject to approval, the retail business comprising its Being...

Apparel

Mandhana sets up garment unit at Baramati Textile Park

Mandhana Industries makers and retailers of ‘Being Human’ merchandise is settingup a garment unit at Hi Tech Textile Park, Baramati. The company already has five state-of-the art manufacturing facilities in MIDC Tarapur that undertake yarn dyeing, weaving, fabric processing and garmenting along with five garment units based in Bangalore....

Fashion

Salman Khan’s Being Human gears up for further expansion

Salman Khan endorsed and backed brand Being Human clothing is all set to expand its wings further with new stores. The brand has also launched its Autumn/Winter collection for men comprising of four different themes and for women in three different themes. On the Agenda: Spreading retail reachThe casual clothing brand associated with a...

Apparel

Mandhana to raise around Rs 300 cr funding

The Board of Directors of Mandhana Industries, at its recent meeting, has approved resolution for raising of funds by way of Qualified InstitutionsPlacement (QIP), External Commercial Borrowings (ECBS) with Rights of Conversion into Shares, Foreign Currency Convertible Bonds (FCCBS), American Depository Receipts (ADRS), Global Depository...