Globus (clothing retailer) explained

Globus Stores Private Limited
Type:Private
Foundation:1998
Location:Mumbai, India[1]
Area Served:India
Key People:Akshay Raheja - Vice Chairman, Vinay Nadkarni -Globus MD and CEO
Owner:Rajan Raheja Group[2]
Industry:Retail Industry, Fashion industry
Products:Discount department store, clothing, Fashion accessory, Apparel
Homepage:https://globusfashion.com/

Globus Stores Private Limited is a retail clothing store chain, based in Mumbai, India.[3] It is part of the Rajan Raheja Group. As of June 2021, the chain has more than 35 locations in 22 cities in India.[4]

History

Globus was founded in January 1998. Its first location (at 35,000 square foot store) opened in Indore in June 1999, followed by two locations in Chennai. Its Mumbai flagship location opened in November 2001. By May 2008 the chain had expanded to 24 stores and started a push to greatly expand the number of locations.[5] [6] [7] The chain has previously announced bold plans to expand to a much larger number of stores, such as 150.[8]

The chain was run by Ved Prakash Arya from its founding until March 2004.[9]

Currently, it is run by Vinay Gajanan Nadkarni, who serves it as the Managing Director and CEO. Nadkarni, who took over from Arya in 2004, opened the 36th store in February 2013.

Kareena Kapoor became the brand ambassador in 2008 and planned to launch her own clothing line with the store.[10]

In 2007, Globus created the world's largest Christmas stocking, which was 111 feet tall.[11] it has chains in Kanpur, Pune, Lucknow, Mumbai, etc.

Further reading

Notes and References

  1. http://www.globusfashion.com/contactus Corporate Office
  2. Web site: Rajan Raheja group . RRG advertisement . rahejaqbe.com . 24 July 2018 . PDF . 9 October 2009 . 26 September 2017 . https://web.archive.org/web/20170926010356/http://www.rahejaqbe.com/content/idcplg?IdcService=GET_FILE&dDocName=APRODCT000702&RevisionSelectionMethod=Latest&Rendition=primary . dead .
  3. Web site: Globus Stores Pvt Ltd: Company Profile . . 24 July 2018 . en.
  4. (4 April 2012). Pune gets its third Globus store, IndiaRetailing.com
  5. Madaan, K.V.S. Fundamentals Of Retailing, p. 288 (2009)
  6. Lamba, A.J. The Art Of Retailing, p. 104-05 (2003)
  7. (1 November 2001). Globus unveils in-house brand in Mumbai store, The Hindu
  8. Web site: Kareena Kapoor is the new face of Globus . . 2007-08-28 . 2010-11-23.
  9. Sabarinath, M. (8 March 2004). Globus chief Arya quits, is COO of Pantaloon, The Economic Times
  10. Web site: "I am launching my clothesline with Globus" - Kareena . . 2008-02-16 . 2010-11-23 . https://web.archive.org/web/20140928135304/http://www.bollywood.com/i-am-launching-my-clothesline-globus-kareena . 28 September 2014 . dead .
  11. Web site: Press release: Globus Unveils the Tallest Christmas Stocking in the World - Contending for the Top Slot in the Book of Records. https://archive.today/20130118185618/http://www.businesswireindia.com/PressRelease.asp?b2mid=14656. dead. 18 January 2013. Globus. BusinessWire India. 8 June 2012.