×
145
Fashion Jobs
NIKE
India Sports Marketing Manager
Permanent · Bengaluru
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Customer Reconciliation And Accounts
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
PUMA
Warehouse Manager-Offline Business
Permanent · Bengaluru
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Senior Product Manager - Enterprise Service Management (Esm), India – Tech Ops Icc
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Senior Security Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Senior Software Engineer Iii, India – Marketing Technology Icc
Permanent · Bengaluru
NIKE
Talent Acquisition Coordinator – India, Icc
Permanent · Bengaluru
SS HOMME - SARAH & SANDEEP
Marketing And PR Intern
Internship · MUMBAI
TARAMA
Graphic Designer
Internship · MUMBAI
MASAR GROUP
IT Support
Permanent · DUBAI
NIKE
Sap Security Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
TLM CONSULTANCY
Merchandising Assistant
Internship · MUMBAI
Published
Dec 30, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Fabindia bets big on experience centres for growth

Published
Dec 30, 2019

Ethnic lifestyle retailer, Fabindia, is betting big on experience centres for its next phase of growth and plans to invest heavily on expanding these centres across India over the next two years.
 

Fabindia bets big on experience centres for growth - Fabindia


Fabindia plans to invest another Rs 15 crore ($2.1 million) to open five more experience centres before the end of this fiscal year.
 
In March 2017, the ethnic fashion retailer had launched its first experience centre and since then has been rapidly expanding. It currently has 25 experience centres in India.

Fabindia claimed that it has seen a 25 to 30 percent jump in sales from these experience centres. It had reported a net profit of Rs 116 crore on revenue of Rs 1,148 crore in the 2019 financial year. It is targeting sales of Rs 1,500 crore in the financial year 2020-21.
 
"We want to add a new line of customers and offer them an experiential retail experience. We have a strong pipeline now as the spaces have been leased and are getting prepared. In 2021-2022, Fabindia plans to open 20 more experience centres in India,” Ajay Kapoor, president retail at Fabindia told Business Today.
 
Fabindia currently has 322 stores across 114 cities in India and 14 international stores, out of which 25 are experience stores.

Copyright © 2021 FashionNetwork.com All rights reserved.