Libas Eyes To Open 50 Retail Stores In 2023 Pan India

Libas Eyes To Open 50 Retail Stores In 2023 Pan India After a successful streak in both online and offline markets and closing revenue of rs 600 crore gmv in fy 21 22, one of the fastest growing ethnic fast fashion brands in india, libas is now set to open 50 more offline stores across india by the end of 2023. with the retail expansion, the brand is aiming at acquiring an incremental customer. Updated on aug 9, 2024 at 01:24 pm ist. ethnic wear fast fashion brand libas, which currently boasts 15 ebos, is planning to open 100 ebos by fy 2026 end, sidhant keshwani, founder & ceo, libas.

Libas To Open 50 Retail Stores In 2023 Pan India Ind The e commerce brand, which went offline last year with two stores in prime locations of new delhi, is set to open 50 more stores across india by the end of 2023. ethnic fast fashion brand in libas is now set to open 50 more offline stores across india by the end of 2023. With the retail expansion, the brand is aiming at acquiring an incremental customer base #libasinnews "libas to open 50 retail stores in 2023 pan india. with the retail expansion, the brand is aiming at acquiring an incremental customer base by tapping into the retail offline market.". Libas plans 50 exclusive stores this year, 100 more in 2025. in the early 2010s, e commerce was beginning to take the world by storm, particularly in western countries. observing this trend during his time studying in the uk, sidhant keshwani, founder & ceo of libas, saw a massive opportunity for e commerce in india. Libas started going offline about 18 months ago and operates 15 store across the country. it plans to open 200 stores by 2026. “the organised indian apparel sector is expected to grow significantly in coming years and this investment will fuel expansion across categories, and geographies with a strong focus on omnichannel experience,” said sidhant keshwani, founder and ceo of libas.

Retail India Libas To Open 50 Retail Stores In 2023 Libas plans 50 exclusive stores this year, 100 more in 2025. in the early 2010s, e commerce was beginning to take the world by storm, particularly in western countries. observing this trend during his time studying in the uk, sidhant keshwani, founder & ceo of libas, saw a massive opportunity for e commerce in india. Libas started going offline about 18 months ago and operates 15 store across the country. it plans to open 200 stores by 2026. “the organised indian apparel sector is expected to grow significantly in coming years and this investment will fuel expansion across categories, and geographies with a strong focus on omnichannel experience,” said sidhant keshwani, founder and ceo of libas. Libas strategically focuses on three primary online channels – its official website, myntra, and flipkart. while its d2c website's share was once below 1 percent, it has remarkably surged to 20 25 percent this year, with plans to scale up to 40 45 percent in the coming year. the majority of its offline presence comprises 15 stores. Updated on jul 20, 2023 at 08:49 am ist. the digital first ethnic fast fashion brand libas is planning to open more than 300 ebos in the next four years. this fiscal, the brand is eyeing to open.