Central to cross Rs 3000cr topline in FY\'19

Central to cross Rs 3000cr topline in FY'19

Press Trust of India  |  Kolkata 

Central, a chain of premium stores of the Future Fashions Ltd, Friday said it will cross Rs 3,000 crore topline by the end of the current fiscal.

"We are into offering a total experience which is not possible in We do not our merchandise on and neither propose to do so in future," CEO said at the launch of Metro store in the revamped iconic heritage building which was housed the in the heart of the city.

The is the first thematic store keeping alive the nostalgia of cinema associated with the theatre that was opened by the in 1935.

Prasad said the chain that contributes in excess of 50 per cent to the group's total revenues, was growing steadily at around 15 per cent and would continue to so in the coming years.

Prasad, who remains optimistic about increasing the business in the old-fashioned brick and mortar model, said he is not bothered by the

"We may go online only for the logistics purposes to deliver to consumers," he said.

He said the brand will end with 4 stores this fiscal and would add 7-8 stores every year.

Prasad hopes to do a business of Rs 100 crore in the first year of its operation.

In-house brands constitute 20 per cent of its merchandise for

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First Published: Fri, February 15 2019. 18:30 IST