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Garment companies shift focus to domestic retail market

Several apparel and fashion accessory manufacturers catering to global brands are increasingly shifting the domestic retail market. With the increased of spending power, the sector is very lucrative destination for new business. Mandhana Industries is opening 10 exclusive flagship stores in metros and then it will take it to Tier II cities.  Tirupur-based Royal Classic Group, which targets students and young professional with affordable brands such as Classic Polo and Smash, plans to open around 100 exclusive outlets by the end of 2011. With such swift change in the retail sector, new business opportunity is now on the way for in-store signage companies as well as other associated players like PSPs, fabricators, sign suppliers, etc.


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