Future Group, one of the major retailers in the food and fashion segments, plans to grow the latter by 30 per each year, CEO of the group Kishore Biyani said today. "The fashion business of the group across the various retail brands will grow 30 per cent every year", Biyani said at the launch of its first standalone FBB store here. He said by the end of March 2018, revenue from the fashion business will touch Rs 10,000 crore, adding that by 2021, the group would sell 80 crore garments. He said that going by scale which the group has achieved in the fashion business, prices of garments would be reduced by two to three per cent each year. The group opened a distribution centre at Burdwan today.

Source: dna March 18, 2017 12:45 UTC