Primus Retail news and archive

Madhusudan Securities buys Weekender

Weekender the popular garment retail chain is being sold off to Madhusudan Securities, a public listed finance firm, for Rs 100 crores. Set up in the late 1980s, Weekender was acquired in 2007 by Primus Retail. Primus will continue to have a majority stake in the chain. According to the deal, Madhusudan Securities is acquiring the brand from...

Apparel

Weekender’s snazzy Ishaan T-shirts

Weekender, the Bangalore-based apparel brand, plans to launch 200 stores across 80 cities by 2012. These stores will be a mix of both company owned and franchised. The company that was acquired by Primus Retail, a leading small format retail chain in 2007 has now moved from being a mass-priced to a mass-premium brand with an average price point...