Brand Concepts Ltd receives approval from CSD for sale of Tommy Hilfiger Luggage

Brand Concepts Ltd, a focused player in the Travel, Luggage and Soft Leather Goods has been approved by the Canteen Stores Department (CSD) for the sale of its Tommy Hilfiger Luggage in across the entire network of CSD.

The Canteen Stores Department, CSD as it is commonly referred to, was created to provide 'easy access to quality products of daily use, at prices less than market rates' to the soldiers, exservicemen and their families. CSD provides a range of quality branded and unbranded products from shoe brushes to microwave ovens and cooking oil to luxury cars. The portfolio has grown from just a few items of daily use in 1948 (when the Department was created) to over four thousand products today. Information on all these products and brands is available on this web site through a "know-all" Search Engine for the benefit of the consumer.

Brand Concepts Ltd is proud to provide products at par with International Quality standards to our Armed Forces and their Families.

The company aims to launch the products in the targeted CSD centers by Q1 FY 2024 (Apr-June 2024) Commenting on this development, Mr. Abhinav Kumar, Whole Time Director & CFO said that "We are Excited to be associated with Canteen Stores Department. We feel proud to get an opportunity to serve our soldiers and their family through our endeavour to provide the best of our designs and great quality products. We look forward to a long-term association with the largest organised retail network in the country."

Shares of Brand Concepts Limited was last trading in BSE at Rs. 723.95 as compared to the previous close of Rs. 709.80. The total number of shares traded during the day was 5 in over 1 trades.

The stock hit an intraday high of Rs. 723.95 and intraday low of 723.95. The net turnover during the day was Rs. 3619.00.

Source : Equity Bulls

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BrandConcepts INE977Y01011 Approval CSD TommyHilfigerLuggage