Weekender 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...

Fashion

Pester power to the forefront

With children emerging as an important segment of buyers apparel makers and retailers in India are cashing in on the opportunity. A recent Technopak Advisors study has shown that the children’s apparel and footwear market - organized and unorganized – in India is estimated at Rs 22,000 crores. Of this, the share of branded segment is 12-15 per...

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...