Brand Factory to increase number of stores

The Future Group announced that it’s discount apparel division, Brand Factory will be opening 6 additional stores in the next 3-4 months. At present, the company has stores in Bangalore and Hyderabad at present and will be opening in Ahmedabad, Pune, Kolkata and a second outlet in Bangalore. The company specializes in selling branded products such as Reebok, Levi’s Pepe, Wrangler, Provogue, Van Heusen, Esprit, Arrow and more at factory discounted rates. The value retail segment is one of the upcoming secotrs and is estimated to be worth between Rs 35,000-40,000 crore.