Rangriti strengthens presence in Uttar Pradesh
today Jan 14, 2020
Women’s ethnic wear brand Rangriti has strengthened its retail presence in the state of Uttar Pradesh by opening five new stores across the state.
The brand has opened its stores in the cities of Pryagraj, Kanpur, Varanasi, Gorakhpur and the capital city Lucknow.
The new stores will house the latest collection from the brand that will include dresses, kurtis, lehengas, indie tops, and slim pants.
Rangriti plans to further strengthen its presence by opening more stores in the coming months.
Commenting on the launch, Sanjeev Agarwal CEO of Rangriti in a statement said," We are very excited with the response of our customers from Uttar Pradesh, considering the same we planned to open more such stores across Uttar Pradesh and there are many more in the pipeline."
“Our mission is to enter every woman’s wardrobe. In our store consumers can fully benefit from our product's excellent quality/price ratio,” he added.
Rangriti has been expanding aggressively with focus on tier 2 and tier 3 cities over the last few years. The brand is expecting to grow at 70 percent for the next 3-4 years on the back of its retail expansion. It had reported revenue of around Rs 100 crore ($14.2 million) in the last fiscal year.
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