Home Retail Fabindia to open nine new stores by March

    Fabindia to open nine new stores by March

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    India based ethnic wear brand plans to open nine more stores in the country by the end of this fiscal and three new stores in Odisha by June next year as leading media reports have indicated. Also, the company aims to clock Rs 1000 crore turnover by the end of this financial year.

    Fabindia opens outlet at Growels 101 Mall in Kandivili
    Located on the first floor of the mall, the new store is spread over an area of about 900 sq. ft. and offers an exclusive collection of clothes, jewellery, and organic products

    At present, the company has 180 stores in 74 cities across the country with seven stores abroad and an online presence. The online platform contributes about two to three per cent to the total business.