Published
Aug 31, 2018
Download
Download the article
Print
Text size

V2 Retail expands retail presence with stores in Jharkhand, Assam

Published
Aug 31, 2018

V2 Retail Ltd has expanded its retail presence with the addition of two new stores in the states of Jharkhand and Assam.

V2 Retail expands retail presence with stores in Jharkhand, Assam - V2 Retail - Facebook


The company recently added its fifth store at Chas, Jharkhand. It also strengthened its position in the northeastern region of India with the opening of its fourth store at Barpeta, Assam.
 
The stores will offer the latest collection from V2 and house private label brands like Herllich, Godspeed, and Stylla.

V2 Retail Limited had posted strong numbers for the quarter ended June 2018 with a net profit of Rs 11 crore (approx $1.6 million) and revenue of Rs 188 crore.
 
The value fashion retailer V2 Retail (formerly known as Vishal Retail Ltd) has set a target of 100 stores by the end of the next fiscal year, March 2019, and will continue to expand in tier 2 and 3 cities.
 
V2 Retail Limited, which stands for Value and Variety, describes itself as a complete family fashion store and is in the value section of the market.

The brand offers womenswear, menswear, children’s wear, and lifestyle products. It currently has 67 stores spread across 17 states and 61 cities in the country.

Copyright © 2024 FashionNetwork.com All rights reserved.