Banana Club unveils its 20th store at Tirupati
By Retail4Growth Bureau | June 10, 2026
The menswear fashion brand plans to accelerate its expansion journey, with a goal of increasing its store count from 20 to 50 outlets this year.
Banana Club, a menswear fashion brand, has expanded its retail presence with the opening of its 20th store in Tirupati as part of its broader offline growth strategy. The company plans to increase its store network to 50 outlets by the end of the year. Banana Club currently operates 20 stores across five cities, including Bengaluru, Hyderabad, Mumbai, Indore, and Chennai.
The latest expansion follows the opening of new stores in Mysore and Himayatnagar. According to the company, the Tirupati outlet is intended to strengthen its presence in the South Indian market and support its ongoing retail expansion plans. The company said the expansion is aimed at increasing its presence across key urban markets and addressing demand in the menswear category.
Last year, Banana Club raised Rs 12.25 crore at a valuation of Rs 245 crore through the television show "Pitch to Get Rich" on Jio Hotstar. The company said it is currently operating at an annualised revenue run rate (ARR) of Rs 150 crore and targets Rs 300 crore by 2027.
