Restructuring Pantaloon Retail: The 'Future Group' Initiative
Case Code: BSTR227 Case Length: 21 Pages Period: 2004-2006 Pub Date: 2006 Teaching Note: Available |
Price: Rs.300 Organization: Pantaloon Retail (India) Limited, Future Group Industry: Retail Countries: India Themes: Corporate Strategy, Corporate Restructuring, Joint ventures, and Strategic Alliances |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background Note
The history of PRIL can be traced to the mid-1980s, when Biyani, a commerce graduate quit his family business of trading textiles and yarn to start manufacturing apparels. In 1987, PRIL was incorporated as Manz Wear Pvt. Ltd. and manufactured readymade trousers under the 'Pantaloon' brand. On September 20, 1991, Manz Wear Pvt. Ltd., went public and in 1992, the name was changed to Pantaloon Fashions (India) Limited (PFIL). At that time, the company was distributing its garments across India through multi-brand garment stores. In 1992, the company inaugurated its first exclusive men's store called Pantaloons Shoppe and by 1995, the number of stores had grown to 70, with most of them being franchisee outlets...
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