Monte Carlo makes its Autumn/Winter statement
By FashionUnited
loading...
For the urban professional youths, there is also a 100% cotton fresh flat knit collection in trendy stripes and contemporary patterns which are further embellished with embroideries and print. There are innovative style designs with different necks polo-plackets, like ‘U’ and ‘V’, double layered and zippered fronts among others.
“We are undoubtedly the No. 1 in winter wear and in summer wear we are No 1 in terms T-shirts, this is as per the ORG Data. As part of trying to be a complete lifestyle brand, we have introduced a kidswear range in our collection with sweaters, jackets, T-shirts and very soon will also be introducing denims, causal trousers and to complete this category,” says Sandeep Jain, Executive Director, of Oswal Woolen Mills. “Since our inception we have established ourselves as one of the premium brands in winter wear. From the last three years we are growing at the rate of 40 per cent per annum in our EBO network. Currently we have 110 EBOs and have lined up 10-15 more stores in North India which are progressing very fast,” he avers. The special cities which are under this plan are Amritsar and cities in Haryana among others. They also have a network of over 800 MBO’s and are present in Shoppers Stop and Planet Fashion. As regards city wise retail approach they are looking at Tier I-II cities for expansion.
With a production base in Ludhiana with a capacity of 4 million units, the Monte Carlo brand targets the upper middle and premium segment of customers. The company’s current turnover is around Rs 250 crores annually and it is expecting another 30 per cent growth this year. Having achieved excellence in its winterwear range, the company is now concentrating on its summer range for both men and women.
Monte Carlo