Watch William Bissell, CEO and Viney Singh, MD Fabindia’s in conversation with CNBC TV18 on how Covid-19 will transform the retail sector.
How is the retail sector managing the reopening and given that there is little appetite for discretionary expenditure, will the sector have to make long-term structural changes to survive? To answer this question, Anuradha Sengupta spoke to William Bissell, chairman of Fabindia and Viney Singh, managing director at Fabindia.
Fabindia started in 1960 as a single store and today operates 327 stores in 118 cities. It has 3.8 million customers on its loyalty programme and its turnover last year was over ₹1,000 crore.
(As published in https://www.cnbctv18.com/ June 19, 2020 )