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Pothys

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Pothys
Company typeSilk Sarees
IndustryTextile
GenreWardrobe store
Founded1923[1]
FounderK. V. Pothy Moopanar
HeadquartersChennai, Tamil Nadu, India
Number of locations
Tirunelveli, Srivilliputhur, Coimbatore, Salem, Chennai, Madurai, Nagercoil, Trivandrum, Puducherry, Portonovo, Trichy, Bengaluru, and Kochi
Area served
India
Key people
Pothy Ramesh
ProductsTextiles
ServicesSilk sarees
Revenue4930 crore
374 crore
OwnerPothy Ramesh
Websitewww.pothys.com

Pothys is a chain of textile showrooms in South India. Originally they exclusively sold silk sarees, but today all types of garments are sold. The flagship store in Chennai is called Pothys' Palace.

History

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Pothys (stylised as POTHYS) was established in 1923[2][3][4][1] by K. V. Pothy Moopanar under the name Pothy Moopanar to sell cotton sarees and dhotis woven on his own loom.[5] K.V. Pothy Moopanar born in Srivilliputhur belongs to a heritage family of Weavers.

In 1977, his son K. V.P. Sadayandi Moopanar was able to establish the name and expand the outfit with a self-styled retail showroom at Srivilliputhur, re-christened 'POTHYS'. Their next showroom was opened in 1986 in Tirunelveli.

Pothy Moopanar's children and grandchildren run the business today.

Hurun Report ranked Sadayandi Moopanar as the 260th richest Indian with ₹2,800 crore fortune in its 2017 list.

Pothys in Madurai

References

[edit]
  1. ^ a b "Pothys Kerala".
  2. ^ 1923 Madras Presidency Legislative Council election
  3. ^ "History". 18 April 2012. Retrieved 15 September 2015.
  4. ^ "Designer Sarees".
  5. ^ "Tamil Nadu Government Portal". www.tn.gov.in. Retrieved 15 September 2015.