December, 2015 : Ashapura Intimates Fashion Ltd, a company listed on BSE manufacturing intimate and lounge wear under its established brand ‘Valentine’ after having its strong foothold India, now planned to strengthen its presence in West India region. Making a move towards it the company 15th December 2015 opened its Exclusive Brand Outlet in Shop No. 5/60, Sector No. 17 Chaddha Crescent CHS Ltd, Vashi, Navi Mumbai
While addressing the media on the occasion of inauguration of new showrooms here Mr Harshad Thakkar – CMD, Ashapura Intimates Fashion Ltd (AIFL) said “After having already strengthened its presence in North region, with flagship brand – ‘Valentine’. As we see West as very potential market for our new range of products the company has decided to have a stronger presence in West by increasing the number of Valentine outlets. Our both the new showrooms opened in Mumbai at phoenix Marketcity Kurla and Vashi Sector 17 are strategically located in the prime locations. In the current fiscal year we are aiming to open more Valentine outlets across Pan India. We are on lookout for premium retail space in the prominent localities.
The company under ‘Valentine’ brand, manufactures and sells intimate garments such as lounge wear, Sleep wear, Sport wear, Bath wear, lingerie etc. The new range is meant for gents, ladies and kids.
Ashapura Intimates Fashion Limited has emerged having largest product basket globally in a niche segment of loungewear.
In brief about Ashapura- Valentine Group :
The Ashapura Valentine Group consists of 2 listed companies, viz. Ashapura Intimates Fashion Ltd. and Momai Apparels Ltd. Mr. Harshad H. Thakkar, Chairman & Managing Director of the Group has a great vision at an young age of 37 years enabling rapid expansion of the group. During 2014-15 the consolidated group turnover was Rs. 250 crore and it is expected to cross Rs. 300 crore in the current year 2015-16.
