#brand concept concall key points
*30 stores till last year added 6 store this year. going to add 4 to 6 year more in this year
*target for 2 to 2.5 year is 100 store
*good results are coming from current campain
*pace of store expention is going to increase from now
*management saw up side in manufacturing in india for luggage
*revenue online 44%
- iif dept 11cr, brand concept dept 26cr
*9% interest rate for both company
*tax rate is going to be in 25% to 31% range
*tommy is price more premium then ucb
*not going for price war and trying to not give discounts and maintain their brand value
*travel gear roll out for ucb is going to start from q4
*revenue from ucb is remain in single digit or under 10% this year
*expecting good contributation from next year
*wallets are not growing categorie but belts are doing well
*searching for new products in small leather goods
*want to reduce dependency on one brand
*85 % of revenue for tommy till last year for current year it is between 75 to 80%
*going for caps as an new product
*by spring summer their is small collect of caps is going live
*tommy contract everything is done waiting for printed contract
*new contract doesnt impact their net margin
*revenue split between brand
Ucb 3-4%, aeropostale 13-14 %,Tommy about 80 %
*As per as management ucb has a bigger revenue potential then tommy
*Current split between company owned store and franchise is 50:50
*Going forward company owned store are open in premium location rest are run by franchise model
*500 cr revenue target remain same
*Experted mix going forward between online and offline is 50:50
| Subscribe To Our Free Newsletter |
