Ashapura Intimates Fashion Ltd. has opened its new flagship “Valentine Loungewear Showroom” at Rajyog, Vardhaman Nagar, Mulund West, Mumbai. It has distinction to be the first ever largest loungewear showroom not only in Mumbai, but entire Maharashtra. It has been spread over two floors modeled on international architectural design, having glittering & distinctive presence in the up-market Mulund shopping locality.
The Valentine Loungewear showroom of Mulund was inaugurated by Mr. Harshad H. Thakkar, Chairman & Managing Director of Ashapura Intimates Fashion Ltd. of Ashapura –Valentine Group on Sunday 18th January 2015.
Ashapura –Valentine Group has entered into retail segment recently. The company’s first Valentine showroom spread over 1550 square feet was opened at Hill Road, Bandra, in the month of December 2014. This, Mulund showroom has been second showroom of the Group. This will be followed by new Valentine showrooms coming up at Borivali, Thane and Ghatkopar soon. The company has massive expansion plan to set up 26 Valentine Loungewear showrooms in Greater Mumbai by end of December 2015. The company also plans to expand retail showrooms on franchise basis across India.
Ashapura Intimates Fashion Limited has emerged having largest product basket globally in a niche segment of Lounge Wear. With the vertically integrated manufacturing, the 2nd state of the art plant will open in Gujarat in near future, the company will have biggest capacity in production & warehousing in lounge wear in India.
Under the ‘Valentine’ brand, the company sells intimate garments such as lounge wear, bridal night wear, honeymoon sets, bathrobes, nightwear, relax-wear, sportswear, leggings, camisole, bra & panties etc. The new loungewear range is meant for gents, ladies, kids and toddlers.
The company has export order of Rs. 65 crore for the year 2014-15. The company mainly exports to Middle East and now plans to expand its export horizon to other countries. The company has growth rate of 30% per annum.
In India, The Group has 130 distributors and products are sold through 13,000 retail outlets across the country. The company has MOUs with online shopping sites like Myntra, Jabong/ Home Shop 18 and own website.
About Ashapura- Valentine Group
The Ashapura Valentine Group consists of 2 listed companies, viz. Ashapura Intimates Fashion Ltd. and Momai Apparels Ltd. Mr. Harshad H. Thakkar, Chairman & Managing Director of the Group has a great vision at an young age of 37 years providing rapid expansion of the group. During 2013-14 the consolidated group turnover was Rs. 200 crore and it is expected to cross Rs. 240 crore in the current year 2014-15. 
Photo caption:
Seen in front of the Valentine Loungewear Showroom, Mr. Harshad H. Thakkar, Chairman & Managing Director of Ashapura Intimates Fashion Ltd. and Mr. Dinesh Sodha-Director of Ashapura Intimates Fashion Ltd.
No comments:
Post a Comment