Textile and apparel major Arvind is expecting revenues of its retail business to jump by 55-60% year on year to Rs. 850 crore this fiscal, on the back of a strong growth in both its lifestyle brands business, which includes labels like Arrow, Gant, Izod, Flying Machine and Energie, and its value retail Business, Megamart.In the coming quarters, the company will be looking at extending its international presence, alongside ex panding retail points domestically.It is seeing excellent, growth in both arm of the business and they expect a profitable year, with a 55-60% growth in revenues.
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