Published
Nov 22, 2018
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Da Milano to add 20 stores, enter new international markets

Published
Nov 22, 2018

Premium leather accessories brand Da Milano is looking to strengthen its retail presence and will be adding 20 new stores before the end of the current financial year.
 

Da Milano to add 20 stores, enter new international markets - Da Milano


Da Milano will expand domestically at airports and Tier 2 & 3 cities like Bhopal, Bhubaneswar, Lucknow and also enter new international markets like in London, Singapore this year.
 
“As we plan to have 100 stores by the end of FY18-19, we will increase our production strength for which we have invested in infrastructure and production facilities,” said Malik. The brand will open stores in airports and Tier 2 & 3 cities like Bhopal, Bhubaneswar, Lucknow and more in 2019,” Da Milano Executive Director Sahil Malik told Businessworld.

“We have more than 80 stores across the county, three stores in Dubai and one in Nepal. We’re working on opening in London, Singapore and a few more in Dubai and aim to have 100 stores by the end of the financial year,” he added.
 
Da Milano witnessed a 25 percent growth in the last financial year with sales revenue of around Rs 200 crore ($31.3 million).
 
Da Milano opened its first store in Delhi in the '80s and currently has around 80 stores in India and six in the overseas markets. It also sells through e-commerce websites, luxury department stores, and retailers.

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