The new outlet stocks cardigans, pullovers, Nehru jackets, trench coats, blazers, coats, track suits (woven as well as knitted), sweatshirts, pashmina and cashmere shawls, dresses, tunics, and shrugs.

According to local media reports the newly opened store will also offer ‘Alpha range' for women including tunics, tops, shrugs, boleros, leggings, jeggings, kurtis, and cardis.

Speaking on the occasion, Monica Oswal, Executive Director of Monte Carlo, told India Retailing Bureau:  "We are delighted with the launch of our milestone 150th store pan India in Nasik. With the launch of this new store, we are thrilled to offer the international trend and affordable fashion, which is our core strength, to the beautiful people of the orange city".

Monte Carlo Fashions offers around 500 different knitwear styles for men, women, and children which are manufactured on a range of flat knitting machines and fully fashioned frames from leading European and Japanese machine builders such as Stoll and Shima Seiki.

Oswal Woollen Mills, the flagship company of the Rs 2,500 crore (US$ 520.80 million) Nahar Group, began operations in 1949 as a small hosiery factory in Ludhiana. The Nahar Group is an industrial company with a diversified portfolio including spinning, knitting, fabric processing, hosiery garments and knitwear, apart from infrastructure development and IT.

Source: India Retailing