Linen Club, the premium branded retail chain from Jaya Shree Textiles of Aditya Birla Nuvo Ltd, has opened its 40th new store in Nashik. With an aim to strengthen its base, the company is planning to open 100 new stores at select locations in the next two years (by March 2013). The company has set sales turn over target of Rs 750 crore for the current FY 2010-11 and eyeing 20 per cent year-on-year growth for the next two years. Linen Club stores offer a wide range of linen fabrics and ready-to-wear garments. Such expansion plan of the high-end fabric company will offer an unmatched business opportunity to the signage companies dealing across the retail segment.
