Last updated : May 21, 2018 9:51 am
Imara targets 100% jump in their store network expansion by adding 15 more stores this fiscal and closing the next fiscal with a total number of 40 EBOs. The expansion will focus on tier-II and tier-III towns
Talking further on expansion plan, Nishant Poddar from the communication team of USPL Group, told Retail4Growth, “Along with our menswear brand, Wrogn, we started Imara about 3 years back. We chose ethnic wear as there has been a surge in customer traction in this category over last few years. We have been enjoying a healthy double-digit growth in the last few years and now, we would like to take our retail expansion journey further. In terms of store network expansion, we plan for 100% jump, adding about 15 more stores in this fiscal, followed by a mark of 40 stores by the end of next fiscal. Our expansion plan at this moment will cover the tier-II and tier-III towns substantially. Drawing parallel, we would also like to strengthen our MBO and LFS presence. ”