Floors and Furnishing( F&F), a niche player in its segment is looking to expand at the home market. Offering exclusive range of upholstery, drapes, wall coverings, bed and bath and flooring products, F&F also retails many national and international brands under his umbrella including Harlequin ( UK), Casamance, Cole & Son( London), Omexco and many more.
Presently, the company operates through 500 dealers, 5 COCO stores and 10 Franchisee stores across the length and breadth of the Indian continent, and is also present in Nepal, Bangladesh and Bhutan. F&F has ambition plans to open 40 more exclusive brand outlets in the next 2 years, says its retail head Yashpal Manik. “The F&F fabric collections is refreshing and stands out with its inspirational designs, innovative textures and vibrant colours in home fashion. Our growth is phenomenal and we aim to close the FY14-15 with 120 crore as againsy 30 crore in last fiscal, informs Manik.
The industry reports highlights that home furnishing segment in India stands at Rs. 1,40,000-crore approx, and is posed to grow rapidly. Also, the India home furnishing market derives its demand from textile industry which is yet another growing category.