Retail chain Shoppers Stop has earned a revenue from operations of Rs 910.2 crore in the fourth quarter of fiscal 2017, recording a three per cent rise as compared to the revenue of Rs 882.4 crore in Q4 FY16. The company reported total revenue of Rs 3648 crore for the year ended FY17, a rise of nine per cent as compared to Rs 3354.8 core in FY16.

“This year has been disruptive on several fronts, as we have seen a lot of changes in global politics and domestic economic policies such as demonetisation. On the back of these headwinds, FY17 has seen a softer growth of nine per cent. We are very positive about FY18 as we have a slew of exciting actions to bring Romance back to Retail. We will also see our investments in Omni-channel, digitisation of stores and our e-commerce push bear fruit in the coming year,” Govind Shrikhande, managing director said.

Shoppers Stop currently has close to 80 stores, including  six airport outlets in 38 cities.

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https://www.indian-apparel.com/blog/wp-content/uploads/2017/05/shoppers-stop1.jpghttps://www.indian-apparel.com/blog/wp-content/uploads/2017/05/shoppers-stop1-180x180.jpgApparel TalkApparel and Textile NewsRetailapparel talk,financial year,Govind Shrikhande,Indian Apparel,Omni-Channel,retailer,Shoppers StopRetail chain Shoppers Stop has earned a revenue from operations of Rs 910.2 crore in the fourth quarter of fiscal 2017, recording a three per cent rise as compared to the revenue of Rs 882.4 crore in Q4 FY16. The company reported total revenue of Rs 3648 crore for...Indian Apparel Blog that talks about Apparel & Textile News, Events and Fairs