Pantaloon - Company Profile

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Company Profile

Incorporated in October 1987, Pantaloons ranks amongst the top five retailers in India.


Pantaloon Retail India Limited (PRIL) was incorporated on October 12,1987 as ‘Manz Wear’ Private Limited under the stewardship of Mr.Kishore Biyani. The Company was converted into a Public Limited Company on September 20,1991 and on September 25,1992 the name was changed to Pantaloon Fashions (India) Limited and the same time it went public.


Today it has approximately 14,000 shareholders. It changed its name to Pantaloon Retail (India) Limited on 7th July 1999.


From a humble beginning in 1987, Pantaloon has today evolved as a leading manufacturer-retailer in the country with 13 departmental stores and 5 hypermarkets operating across the country. It has been a remarkable journey for PRIL as it evolved from a manufacturing to a completely integrated player controlling the entire value chain.


It has been a pioneer in introducing the concept of Mega Retail Stores in India called 'Pantaloons' for the entire family. It has diversified, and has come up with its new concept with Big Bazaar and Food Bazaar. In an extremely price-sensitive market like India, the Pantaloons chain of stores has been successful in maintaining the equilibrium between quality and price.


The company has aggressive growth plans to achieve scale of economy and take leadership position in this evolving industry. PRIL's ability to evolve from smaller format into large format retail stores is well proven. With aggressive growth plans the company has identified many locations across the company to roll out stores in the future.

The company plans to increase the retail space under control from 2 lakhs in 02 to more than 1 million square feet over the next 3 years to emerge as a 'Godzilla' of the Indian Retail Industry.



Corporate Mission


"We share the vision and belief that by improving our performance through innovative spirit and dedication, we shall serve our customers and stakeholders satisfactorily."



Major Milestones


During its evolution, the company achieved various milestones and demonstrated innovativeness and leadership by pioneering concepts that has now become industry standards. Some of the major milestone achieved by the company in its life span of 14 years is enumerated below:



Company Incorporated 1987-88


The Pantaloon Trouser 1987-88
India's first formal trouser brand launched


BARE 1989-90
Indian Jean brand launched

John Miller 1993-94
Shirt inspired by America -Formal shirt in popular segment launched

Distribution of branded garments through multi-brand 1993-94
retail outlets across nation and exports of garments


The Pantaloon Shoppee 1993-94
Exclusive menswear store in franchisee format launched across nation

Pantaloons 1997-98
India's Family Store launched


BIG BAZAAR 2001-02
Isse se sasta aur acha kahi nahi! - Indian Hypermarket launched



Board of Directors:

A professional and broad based board is managing the company that has experience in the relevant fields of business making it a unique balance of experience and knowledge.


Name (Age) Capacity

1. Kishore Biyani Managing Director
2. Rakesh Biyani Executive Director
3. Gopikishan Biyani Executive Director
4. S. Doreswamy Independent Director
5. Shailesh Haribhakti Independent Director
6. Dr. Darlie O Koshy Independent Director
7. Anju Poddar Independent Director
8. Bala Deshpande




Brands

John Miller Shirts - The shirt inspired by America

Pantaloon - India's No.1 trousers

Bare

Annabelle -Western wear for the contemporary modern woman

Ajile - More than Sportswear

Honey - T-2000 best trousers of the country

Bare Kids - For children from age group of 3-14 age group

Popeye Kids clothing - Priced very reasonably

Disney - Kids wear
 
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