Despite a tough market scenario, Arvind Lifestyle Brands which houses brands like Gap, Sephora and US Polo, expects to hit revenues of Rs 5,000 crore by 2020.

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J Suresh, MD & CEO, Arvind Lifestyle Brands said, "I think it is a difficult and a peculiar year, things were very good till December. January onwards, market has been a bit tough".

The company still expects a growth rate of 15 percent.

"We are reaching Rs 4,000 crore of revenue this year and we were Rs 3,000 crore of revenues last year. So we have two more years to add another Rs 1,000 crore, that should be easily possible", said Suresh.

First Published:Mar 14, 2018 9:12 AM IST