Lenskart opens its 1,000th store, plans to open 500 more in FY23
Lenskart, Asia's largest retailer and manufacturer of eyewear, has strengthened its retail presence with the opening of its 1,000th store in the country.
The company plans to expand its reach by opening 500 new stores during the financial year 2023. Lenskart is currently present in 223 cities pan India.
The 1,000th Lenskart store at New Delhi’s Karol Bagh is spread across an area of 600 square feet and offers a wide range of sunglasses and eyeglasses.
Commenting on the expansion, Peyush Bansal, CEO co-founder at Lenskart in a statement said, “We are elated to have met our target of launching 1,000 stores spanned across states in India within our targeted time-frame of FY 2022. We celebrate this milestone with the launch of our 1000th outpost in New Delhi and aim to open 500 more stores in FY 23. Our ultimate vision for the long-term is to welcome 1 billion people globally, to the Lenskart family by 2027.”
Sunil Menon, chief retail expansion officer at Lenskart added, “Lenskart has expanded exponentially and with its given momentum, we look forward to furthering the brand’s footprint, globally. As a consumer-oriented brand, our aim will always be to continue strengthening our omnichannel presence and elevate the customer’s shopping experience.”
Recently, Lenskart had strengthened its online presence by offering its products on Nykaa, Myntra, Tata Cliq and other platforms.
The eyewear retailer was founded in 2008 by Peyush Bansal, Amit Chaudhary, Neha Bansal, and Sumeet Kapahi.
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