Tuesday, 17 December 2013

Turtle to introduce footwear range in a week

Kolkata-based men’s apparel and accessories maker Turtle Ltd expects to introduce its footwear range next week.

According to Amit Ladsaria, Co-founder & Director, Turtle, initially 50-60 per cent of its stores will have the footwear range.

“We will bring in footwear at our stores in a week’s time,” Ladsaria told reporters here on Tuesday on the sidelines of a conference on retail industry – East India Retail Summit 2013 – organised by Image Group.

The Kolkata-headquartered company – which currently owns Turtle (premium menswear) and London Bridge (mass market) brands – will focus on fashion shoes.

Though the footwear range will be sold through Turtle’s exclusive stores now, the company may consider selling these products at shop-in-shops and departmental stores.

Turtle expects to clock more than 25 per cent growth in turnover this fiscal to Rs 160 crore, Ladsaria said.http://www.thehindubusinessline.com/companies/turtle-to-introduce-footwear-range-in-a-week/article5469839.ece

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