INDIA: Kewal Kiran mulls move into women's, children's wear
Indian men's apparel maker Kewal Kiran Clothing is ready to extend its product range to children's and women's wear a senior official said.
The retailer also wants to double its number of storefronts as it seeks to grow in a crowded branded apparel industry.
Kewal Kiran Clothing's chief financial officer Nikesh Jain told Reuters: "With our cash reserves we need to enter newer areas."
"The opportunity is high in women, kid and men's formal wear."
The company, which owns 'Killer' and 'Easies' brands, purportedly had net profit growth of 36% as sales rose 27% in 2005/06.
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