Woodland expanding network; to add 70 stores in 2 years

woodland_logoRs. 200 crore, home grown shoe major, ‘Woodland’ has chalked out an ambitious programme to expand its retail network in the country. It will add 70 stores in the next two years and take its tally of exclusive Woodland stores to 195. Presently, it has 125 stores, 50% of which are company owned. The new stores will be set up in metro and tier-I cities.
To cater to the growing demand, estimated at Rs. 350 crores by 2009, the company is investing Rs. 10 crore to double its production of shoes from 6,000 pairs a day to around 12,000 pairs a day.
Besides shoes, the company also sales apparel and accessories. In coming years, the company hopes to achieve a turnover ratio of 70:30 between shoes and apparel.

Advertisements

4 responses to “Woodland expanding network; to add 70 stores in 2 years

  1. Hi all!
    Nice site !!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s