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Welspun Retail ready to break even
Posted On: 15-07-2009 00:00:00 09

Home furnishing retail chain Welspun Retail expects to break even this fiscal and also targets revenue growth of Rs 135 crore in FY2010. This is a 15% growth over last year when it earned Rs 115 crore. The company retails its products under two brands Welhome and Space Home and Beyond. It has around 200 Welhome stores in around 120 cities and around 2 flagship stores of Spaces. The company follows both the owned and franchised model with 60% of the stores in Tier I cities and 40% in Tier II cities.

 
 
 

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