• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Fabindia plans to add 40-50 stores every year

04 Dec '17
1 min read

Ethnic apparel brand Fabindia is expanding by adding 40-50 stores every year in current and emerging markets, company president Retail Ajay Kapoor recently said. The brand recently opened a Fabindia Experience Centre in Mumbai and plans to have 10 such stores by 2018 end. This is the second such experience store with the first piloted in March in Delhi.

The company has around 268 stores and the expansion would be through a mix of company-owned stores, company-operated stores and franchise model, Kapoor said at the sidelines of the Confederation of Indian Industry (CII) Retail Summit in New Delhi, according to a news agency report. Six experience stores will come up by March 2018.

The company also has plans to expand its presence in the overseas market, Fiji and Sri Lanka, in collaboration with local partners. Fabindia currently operates stores in Singapore, the United Arab Emirates, the United States, Malaysia and Mauritius.

Fabindia is growing with a compound annual growth rate of around 22 per cent for the last five years, he added. (DS)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search