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French Connection Desperate to Land Back & Safe UK fashion retailer French Connection has experienced a remarkable hike on its online sales, making easy for the brand to target to reach its breakeven point or post profit by Jan’15.French Connection with franchise india,the online business now accounts for 10 percent of British and European sales. The brand has spent 1.3 million pounds closing…

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10 New outlets will be functional: Spencer’s Retail

10 New outlets will be functional: Spencer’s Retail

Wednesday February 13, 2013, 17:50:PM

10 New outlets will be functional: Spencer’s Retail
 
 

Spencer's Retail --- the large structure part of CESC Ltd --- is seeking a 35 percent addition to retail area within the next 10 months. The organization is seeking to include 10 fresh shops, amassing around 3 lakh sq.ft Of room in 2013.
 
CESC may be the flagship organization of the RP-Sanjiv Goenka Group.
 
Based on Sanjiv Goenka, Group Chairman, fresh shop improvements may mainly maintain the southern and western areas of the nation.
 
A few of the places where in fact the new stores can come up contain two stores each in Kolkata and Andhra Pradesh (Rajahmundhry and Kudapa) and one each in Dhanbad, Raipur, Aligarh, Bhopal, Velachery (Chennai) and Vibhuti Khand (Lucknow).
 
That aside, Spencer's is placed to start a flagship store at the approaching extravagance mall marketed by the RP-Sanjiv Goenka team in Kolkata.
 
'We are ramping up our existence and this can help us create profits,' Goenka said.
 
Based on him, Spencer's is seeking to break-even by March 2014. The emphasis may also be on altering the product-mix to focus more on apparels.
 
Spencer's, meanwhile, has hired KPMG and Ambit to create its map for a possible initial public offer. The experts will probably publish an in depth project report by the finish of March or early April this season.