The company is moving from the men?s wear model to the family concept model as it creates a bigger shopping basket. Sandhu adds last year, the company was in a wait-and-watch mode but this year as the market is opening up, they expect a correction in rentals by 20-30 per cent, this will help them consolidate and grow. He also added that banks were still tight in lending to the retail sector, adding to it the firm has not yet set a capex for the next fiscal.
Koutons Retail India is a leading retailer of readymade and fashion wear. It offers a wide range of clothes suited for all segments at an affordable price.