Industry

  • Central : Future Group plans to add 14 new Central HD stores, which have a look and feel of aspirational boutique feel.
  • Shoppers Stop : Added 4 new stores in 2017 and is working on a 35,000 sqft format for smaller cities compared to the average size of 45,000 sqft.
  • Max : Landmark Group’s Max plans to operate 400 stores in 120 cities from the current 190 stores in 75 cities.
  • GAP : Plans to add 40 stores by 2020.
  • H&M : To set up 20 new stores, with 6 to open by the end of 2017.
  • Deal Jeans : Currently has 4 franchised EBOs and plans 10 more. Target is 50 exclusive stores in the next 2 years.
  • BIBA : Plans to establish 150–200 more stores over the next 3 years and become a INR 1000 crore brand by 2018, aiming for 3% market share in women’s ethnic wear.
  • Chemistry : In talks with Shoppers Stop and Lifestyle. Plans more EBOs in east and central India, and international expansion to Sri Lanka, Singapore, and Malaysia by 2018.
  • Mohey : Aims to expand to 100 stores in the coming year. Manyavar and Mohey together have 450 stores across India, USA, Bangladesh, UAE, and Nepal.
  • Latin Quarters : Plans to reach 60 exclusive stores and 200+ points of sale in 3 years, with focus on tier 2 and 3 cities.
  • Bata : Plans to add 100 company-owned and 30 franchisee-owned outlets this year. Since starting franchising in 2016, 50+ franchise stores added by mid-2017.
  • Metro : With INR 13 crore in online sales in FY 2016–17, plans to launch 100 stores with an investment of INR 20–60 lakh per store, focusing on tier 2 and 3 cities.
  • Reebok : Plans to expand its franchise network in tier 2 and 3 cities and open 300 new outlets in the coming year.
  • Adidas : Plans to open 30–40 flagship stores by 2020. In talks with current franchises to take over larger stores due to premium real estate constraints.
  • Voylla : After opening 100 company-owned stores, Voylla entered franchising in 2017 with its first store in Ludhiana. Plans to add 100 franchise stores by 2021.
  • Lenskart : With 300+ stores, plans to invest INR 100 crore to expand with 400 new stores in tier 2 cities over 2 years. Uses robotic techniques and advanced machines for precision eyewear manufacturing and eye testing.
  • Titan Eye Plus : Currently operating 472 stores in 155+ cities, it plans expansion in tier 3 and 4 cities.
  • Hidesign : Operates 74 stores and plans 6 new stores in FY2018. Also planning to enter six new markets—Kenya, Saudi Arabia, and Canada—to triple revenue by 2021.

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