Woodland India eyes Japan, South Korea
In this article (4)
Footwear and apparel firm Woodland India plans to enter the Japanese and South Korean markets in the next 12 months.
Owned by the Aero Group, the company is also expanding at home with plans to add 120 exclusive outlets across India by the end of next year.
Woodland India MD Harkirat Singh says the company also plans to grow its presence in multi-brand outlets.
He says the company clocked revenue of Rs 1200 crore (US$279.9 million) in the last fiscal year and is seeking growth of 15 to 20 per cent going forward.
Woodland, which makes most of its products in house, is also looking to add to its employee strength.
Currently, the company has 600 exclusive outlets apart from presence in 5000 multi-brand stores in India.
Questions & Answers
Q.What are Woodland India's plans for expansion within its home market?
What are Woodland India's plans for expansion within its home market?
Woodland India aims to open 120 new exclusive outlets across India by the end of next year. The company also intends to increase its presence in multi-brand outlets nationwide.
Q.What was Woodland India's revenue in the last financial year, and what growth is projected?
What was Woodland India's revenue in the last financial year, and what growth is projected?
In the last fiscal year, Woodland India reported a revenue of Rs 1200 crore (US$279.9 million). The company is anticipating a growth rate of 15 to 20 per cent for the upcoming period.
Q.How many exclusive outlets and multi-brand stores does Woodland India currently operate in India?
How many exclusive outlets and multi-brand stores does Woodland India currently operate in India?
The company currently operates 600 exclusive outlets across India. Also, Woodland India products are available in 5000 multi-brand stores throughout the country.
Reader pulse
Woodland's international expansion:
16,816 votes so far