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Monte Carlo Fashions Limited

Indian retail clothing chain

This article needs to be updated. Please help update this article to reflect recent events or newly available information.(October )

Headquarters in Ludhiana

IndustryClothing
Founded; 41&#;years ago&#;()
FoundersShri.

Jawahar Lal Oswal Jain

HeadquartersLudhiana, Punjab, India

Number of locations

1, stores
ProductsApparel, Athleisure, Home Textiles, Accessories etc
Website


Monte Carlo Fashions Limited,&#;doing business as Monte Carlo, is an Indian retail&#;clothing chain.

It specialises in&#;fast fashion, and sells clothing, accessories, shoes. [1] Monte Carlo Fashions limited is selling its apparel products under the brand name of Monte Carlo[2][3][4] which was established in [5][6] by Oswal Woollen Mills Limited[5] and is owned by parent company Nahar Group[7] based in Ludhiana, Punjab.

Jawahar Lal Oswal Jain is the chairman and managing director of the company.[citation needed]

As of the company had two manufacturing units in Jalandhar and over 1, employees.[5]

In the year , they had 23 stores.[8] In , the th store[9] was opened in New Delhi.

As of March , there were [5] 'Monte Carlo has Exclusive Brand Outlets' in India and two are in Dubai & Kathmandu respectively and over 2,[5] multi brand outlets across India as on

History

–s

  • Oswal Woolen Mills (OWM) Ltd., the flagship company of Nahar group founded the operations in Ludhiana.[5][6]

s

  • For the financial year , MCFL reported profit of Rs 60 crore ($ million) with revenue of Rs crore.

  • In September , Opening of th exclusive showroom.

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    • MCFL incorporates a new wholly owned subsidiary of the company, Monte Carlo Home Textiles Limited.[20]

  • In March , MCFL launched summer collection through Monte Carlo TV commercial.[23]

  • In November , MCFL launched winter collection which is ultra-soft and anti-pilling.[24]

Design & Technology

Manufacturing

Training

  • Welfare of vendors and employees is a major part of MCFL's point of difference, employees are provided specialized trainings to improve skills.[30]

Retail Presence

In FY 23, MCFL has Exclusive Brand Outlets (EBO) in India.

In FY 22, the company had opened 47 new outlets.[31][32] In FY , MCFL has presence in more than multi-brand retail outlets across India.[33]

Products Segments

MCFL have in-house design team of 26+ designers, that designs more than SKUs each month ranging from Jackets, Jumpers, Pullovers, Jerseys, Basic Polos, Crews, Veers and polyfill Jackets, Socks collection, Multi-Utility Jacket for Travelers, Sweacket - a amalgamation of the conventional style of sweatshirts and jackets, and convertible coats[5]

  • Cotton – covers 56% of products ranging from Shirts, T-shirts, trousers, tracksuits, jackets, sweatshirts, shorts, track pants and denims
  • Woollen – covers 24% of products ranging from Sweaters, pullovers, thermals, coats, blazers, cardigans and woollen accessories.
  • Home Textile – covers 12% of products ranging from Mink blankets, bedsheets, and quilts.
  • Kids – covers 8% of all products ranging from sweaters, pullovers, thermals, coats, blazers, cardigans and woolen accessories.
  • Accessories – Company manufactures accessories like socks, mufflers, caps etc.

    3-year CAGR of %

Brands

MCFL has introduced different ranges for different segments in the apparel industry under the umbrella brand 'Monte Carlo'.[34]

  • Monte Carlo: A mid-premium and premium range of brand, known for quality & wide variety in area of its operations.

    The brand's winter wear is developed from pure wool such as Australian Merino Wool certified with the Woolmark, a stamp for quality approved by the International Wool Secretariat. The brand is popular for its bright colors, bold patterns, stylish finish and ultra-modern looks.[35]

  • Luxuria: A mid-premium/ premium range focusing on premium quality fabrics and high-end designs.[36] The range is inspired from the latest fashion trends across the world, the collection features exclusive limited-edition apparels.

    The collection targets preferences of elite and affluent customers in India. [37]

  • Denim: A mid-premium and premium, exclusive range for denim apparel offers Denim Trousers (Jeans) and Shirts.
  • Alpha: The range for women.
  • Tweens: The exclusive range for kids.
  • Cloak & Decker: Men's wear with sweaters and cardigans.
  • Platine: Premium range for men.
  • Rock It: A sportswear brand, Andre Russell is the brand ambassador offers tank, polo, T-shirt, shorts, track pants.[6][20]

Brand Endorsements

MCFL has been a steppingstone for several leading models and TV personalities to develop their careers in the fashion and entertainment industries.

Some renowned names include leading cricketers/ models turned actors/models Raveena Tandon, Andre Russell, Arjun Rampal, Aryan Vaid, Bipasha Basu, Meghna Reddy, Himanshu Malik, Mallika Sherawat, Shawar Ali and Nandana Sen. [38] MCFL has also played a leading role as the clothing partner in highly successful bollywood movies such as Barfi!, Student of the Year, Bhaag Milkha Bhaag and Mary Kom (film).

Jawahar lal oswal biography in tamil: Retrieved 11 December Undergraduate Degree. Commercial Services. November 28,

[39][40][41][42]

References

  1. ^"Monte Carlo Fashions Ltd (BOM)". Google Finance.
  2. ^ abcd"Sale of woollens at peak".

    The Tribune (Chandigarh). December 2, Retrieved February 5,

  3. ^ abcd"Ludhiana knits' cosy-tale"(PDF). Retrieved February 5,
  4. ^ abcdef"Successful Adjustment in Indian Industry: the Case of Ludhiana's Woolen Knitwear Cluster"(PDF).

    Dongbei University of Finance and Economics. Archived from the original(PDF) on February 8, Retrieved February 5,

  5. ^ abcdefghijk"Securities and Exchange Board of India"(PDF).

    Jawahar lal oswal biography in english Verify Your Account! The Tribune Chandigarh. Member Account Verification Process The mail with the account activation link has been sent to your email id : Do click on the same to authenticate your account. Download as PDF Printable version.

    Securities and Exchange Board of India. July 9, Retrieved January 5,

  6. ^ abcdefg"Superbrands Consumer 1st Edition ". Superbrands. Retrieved February 5,
  7. ^"Oswal enters garments market".

    The Tribune (Chandigarh). March 27, Retrieved February 5,

  8. ^"Monte Carlo plans expansion". The Tribune (Chandigarh). November 2, Retrieved February 5,
  9. ^"OWM celebrates th store's opening". The Indian Express. October 22, Retrieved February 5,
  10. ^"Monte Carlo Fashions IPO Note"(PDF).

    . Angel One. December 1, Retrieved 12 October

  11. ^"More than Sweaters: Rishabh Oswal". CEO Magazine.

    Jawahar lal oswal biography in urdu Your Account Is now Deactive as the verification link send to your mail was not authenticated. The company was founded on August 13, and is headquartered in New Delhi, India. DFU Publications. Tools Tools.

    September 20, Retrieved 23 October

  12. ^"Monte Carlo Fashions IPO Note"(PDF). . Angel One. December 1, Retrieved 12 October
  13. ^"Monte Carlo Fashions IPO Note"(PDF). . Angel One. December 1, Retrieved 12 October
  14. ^"BSE INDIA".

    . BSE India. Retrieved 26 October

  15. ^"Monte Carlo Fashions IPO Note"(PDF). . Angel One. December 1, Retrieved 12 October
  16. ^"Monte Carlo Fashions IPO Note"(PDF). . Angel One. December 1, Retrieved 12 October
  17. ^"Monte Carlo Fashions Ltd, Executive Director, Sandeep Jain In Talk With Zee Business".

    . Zee Business. November 28,

  18. ^"BSE INDIA". . BSE India. Retrieved 26 October
  19. ^"Monte Carlo Fashions IPO Note"(PDF). . Angel One. December 1, Retrieved 12 October
  20. ^ abcd"Monte Carlo Fashions IPO Note"(PDF).

  21. ^"BSE INDIA".

    Jawahar lal oswal biography Vanaik Investors Ltd. Monte Carlo Fashions Limited. Retrieved January 5, Jawahar Lal Oswal active positions.

    . BSE India. Retrieved 26 October

  22. ^"Monte Carlo signs Andre Russell as brand ambassador for Rock It". . Fashion Network.

  23. Jawahar lal oswal biography in tamil
  24. Jawahar lal oswal biography wikipedia
  25. Jawahar lal oswal biography in telugu

    26. Retrieved 7 June

  26. ^"Monte Carlo redefines the laws of attraction". . Brand Equity. Retrieved 26 October
  27. ^"Monte Carlo launches its new winter collection". .

    Jawahar lal oswal biography in hindi Retrieved January 5, Active Inactive. Commercial Services. Jawahar Lal Oswal active positions.

    DailyExcelsior. Retrieved 26 October

  28. ^"Monte Carlo Fashion shares zoom 14% after March quarter profit jumps 56%". EconomicTimes. May 30,
  29. ^"Monte Carlo posts Q1FY24 revenue growth of approx 20% on-year". FinancialExpress. July 14,
  30. ^"Monte Carlo to open exclusive brand outlets in FY24, CFO sees good growth".

    EconomicTimes. April 24,

  31. ^"Monte Carlo to open exclusive brand outlets in FY24, CFO sees good growth". . April 24,
  32. ^"Monte Carlo experiences robust summer season bookings". CNBCTV18. cnbctvcom. Aug 8,
  33. ^"More than Sweaters: Rishabh Oswal". CEO Magazine.

    September 20, Retrieved 23 October

  34. ^"Monte Carlo to open exclusive brand outlets in FY24, CFO sees good growth". . April 24,
  35. ^"Monte Carlo Consolidated June Net Sales at Rs crore, up % Y-o-Y". . Aug 8,
  36. ^"Monte Carlo launches its new winter collection".

    . DailyExcelsior. Retrieved 26 October

  37. ^"Both private companies who control a good portion of Monte Carlo Fashions Limited (NSE:MONTECARLO) along with institutions must be dismayed after last week's 11% decrease". Simply Wall St. November 14, Retrieved 14 November
  38. ^"Monte Carlo Q4FY23 profit surges % at Rs crore, revenue up %".

    Financial Express. March 29, Retrieved 14 November

  39. ^"Monte Carlo Fashions incorporates wholly-owned subsidiary 'Monte Carlo Home Textiles'". DFU Publications. December 6, Retrieved 11 December
  40. ^"Monte Carlo signs Andre Russell as brand ambassador for Rock It".

    Fashion Network. June 7, Retrieved 11 December

  41. ^"Monte Carlo Home ropes in Raveena Tandon as brand ambassador". EconomicTimes. Retrieved 29 November
  42. ^"Monte Carlo Home ropes in Raveena Tandon as brand ambassador". Adgully. Retrieved 29 November
  43. ^"Monte Carlo Home ropes in Raveena Tandon as brand ambassador".

    Medianews4u. Retrieved 29 November

  44. ^"Monte Carlo celebrates Barfi". Mumbaisplash. Retrieved 29 November
  45. ^"Monte Carlo signs Andre Russell as brand ambassador for Rock It". FashionNetwork. Retrieved 29 November