Arvind Fashions aims to become zero-debt co in two years; piloting new format – ET Retail
Arvind Fashions, which sells products of brands such as Arrow, Tommy Hilfiger and Calvin Klein, aims to become a zero-debt company in the next two years on the back of higher cash flow and focus on franchise-based expansion, said vice chairman Kulin Lalbhai. The Bengaluru-headquartered company has rationalised its brand portfolio, reducing it to five…