Libas To Open 50 Retail Stores In 2023 Pan India Indian Retailer

Libas To Open 50 Retail Stores In 2023 Pan India Indian Retailer 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. 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 Eyes To Open 50 Retail Stores In 2023 Pan Indiaођ 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. 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. #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.". Ethnic fashion retailer libas has raised rs 150 crore from icici venture, marking its first external fundraise. the company plans to use the funds to further strengthen its omnichannel presence.

Libas To Open 50 Retail Stores In 2023 Pan India Indian Retailer #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.". Ethnic fashion retailer libas has raised rs 150 crore from icici venture, marking its first external fundraise. the company plans to use the funds to further strengthen its omnichannel presence. 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. With the retail expansion, the brand is aiming at acquiring an incremental customer base by tapping into the retail offline market. libas #retail #libas… indianretailer on linkedin: libas to.