Arvind Fashions, India's leading branded apparel company, is aiming at generating Rs 10,000 crore revenues by 2025, said J Suresh, managing director and CEO of the company, adding that the listing on bourses will be completed by month-end.

The focus will be to scale up existing brand portfolios and improve profitability across brands, he said.

On November 29, textile major Arvind Limited demerged its branded apparels business Arvind Fashions and its engineering business Anveshan Heavy Engineering.

"We are putting in place tighter governance procedures ... we have taken eminent personalities as independent directors and the company is now self sufficient in terms of working capital needs," said Suresh.

Arvind Fashions, previously called Arvind Lifestyle Brands, houses several prominent brands like US Polo Association, Arrow, Tommy Hilfiger, Calvin Klein, Arrow, Flying Machine, Gap, Sephora and many more.

"We expect that power brands will hit Rs 4,000 crore by 2022 from Rs 2,600 crore currently," said Suresh. The company categorises Arrow, US Polo Association, Arrow, Tommy Hilfiger as power brands.

The company is also betting big on the value fashion space and expects 'Unlimited' to contribute one fourth of the sales by 2022.

"We are committed to improve EBIDTA margins by 100 basis points every year. Power brands are profitable now, three emerging brands not profitable. We are hoping that GAP will turn profitable next year and Unlimited will turn profitable year after," added Suresh.

With a large amount of shopping taking place on online platforms, Arvind Fashions expects 15-18 percent of revenues to come from online in 2-3 years.

First Published:Jan 7, 2019 12:31 PM IST