Vasari’s new season with a contemporary look
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Mohani feels the choice of people has been shifting more towards Indo-western clothes like dhoti suits, churidaar suits, for men and sherwani suits for women. They have become popular because they are more practical and can be worn more than once.
The brand which is focused on the upper-middle class clientele is now planning to expand its retail base throughout the country. Till now they only had company-owned outlets but now they are planning to come up with franchisee stores with a minimum carpet area of 1,200 sq. ft. At present, Vasari has 11 retail points; four more are in the pipeline. This month, a Vasari store is opening in Ahmedabad, the other cities where they are opening soon are: Jalandhar, Surat and Jaipur. The brand also has expansion plans in Mumbai, Hyderabad, Chandigarh, Amritsar, Bangalore and Kolkata.
The brand is big in exports as well. Currently, it is present in UAE and the US. “By 2012, we are planning to launch ourselves as a major exporter of ethnic and designer garments. We will be participating in fairs, exhibitions, launches and also meet potential customers directly,” says Mohani.
The company which is looking at touching Rs 54 crore this financial year; is targeting Rs 65 crore in 2011.