CONNECT WITH US
eCommerce

eCommerce

The Arvind Store to double business to Rs 2,000 crore in 2-5 years, growing at 20 pc: Kulin Lalbhai

ET Retail – Ecommerce logo

Published on

Add as a preferred source on Google
The Arvind Store to double business to Rs 2,000 crore in 2-5 years, growing at 20 pc: Kulin Lalbhai

The Arvind Store to double business to Rs 2,000 crore in 2-5 years, growing at 20 pc: Kulin Lalbhai

Aiming for a dynamic shift, The Arvind Store plans to double its income to nearly Rs 2,000 crore within a few years. This strategic transition focuses on evolving from conventional tailoring to a cutting-edge personalized styling platform with designer partnerships. By utilizing digital tablets in over 150 retail outlets, customized options will be readily available.

The Arvind Store , Arvind's flagship retail format generating over Rs 1,000 crore, is targeting nearly Rs 2,000 crore in revenue over the next two to five years, as it expands designer-led customisation and styling services across its retail network. “We have been growing at 20 per cent. So I don't think it’s too far away. In a two-to-five-year time frame, we should be able to get close to that,” Kulin Lalbhai , vice chairman, Arvind Ltd , told ETRetail. The company is repositioning The Arvind Store from a fabric-and-tailoring destination into a styling platform focused on personalisation and self-expression . Its latest collaboration with menswear designer Ashish Soni offers wedding and non-wedding looks starting at around Rs 10,000. Advt

“The future of custom clothing is not about fit and comfort; it is about personalisation and self-expression,” Lalbhai said. ” Styling studios across 150-plus stores The designer-led styling studio will initially roll out across the top 50 stores, with the company aiming to take the offering to all its 150-plus outlets. Tablets will allow customers to change design details and visualise how garments look on their own bodies.


Source link
Related Topics:eCommerce

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.