Van Heusen, the premium formal-wear brand from Madura Garments, is targeting a turnover of Rs 400 crore by 2011-12 as against Rs 250 crore now on the back of new stores.
According to reports, it has been revealed that the company intends to open 75 exclusive stores over the next three years focusing on Tier II and III cities.
The firm is eyeing 25-30 per cent of the business from Tier II and III cities by 2011-12.