V-Mart to concentrate fashion and lifestyle segment

29 Aug 2013 Evaluate

Value retailer V-Mart Retail is likely to concentrate on the high margin categories such as fashion and lifestyle. It is also planning to exit the FMCG category after some time. The company plans to open 60 new stores in next two years, which will have only apparels and lifestyle fashion products as they fetch better revenue margins.

The company gets almost 80% of its revenue from the fashion business while FMCG accounted for a mere 16%. Its turnover stood at Rs 390 crore for fiscal 2013.

V-Mart Retail Share Price

3786.80 -68.95 (-1.79%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3408.50
Aditya Birla Fashion 282.25
Trent 6829.00
Vishal Mega Mart 101.11
Electronics Mart Ind 170.05
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.