Diamond Fabcare to open 100 Wardrobe outlets

September 29th, 2008 - 8:12 pm ICT by IANS  

New Delhi, Sep 29 (IANS) Diamond Fabcare Pvt Ltd, in collaboration with Brown Gouge of Australia, will invest Rs.1.5 billion ($32.6 million) to open 100 outlets of its retail dry-cleaning chain Wardrobe in Delhi and the national capital region, the company announced Monday.The company plans to extend its services all over the country in the next three to five years.

”Our pre-launch research showed there is a wide gap between the need and what is available in this largely fragmented and unorganised market segment of dry cleaning and laundry,” Diamond Fabcare chairman Jyoti Maheshwari said.

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