Indian apparel retailer Go Fashion to expand store footprint

India apparel market organization Go Style has revealed plans to expand its store footprint in the country.

The retailer intends to open around 120-130 stores year on year, the Monetary Times announced.

Its development plan additionally includes omnichannel commitment for more modest towns and urban communities.

Go Style means to reinforce its omnichannel commitment to streamline its purchaser experience and arrive at clients in Level I to III urban communities through an innovation driven development system.

The organization as of late opened its 500th select brand outlet in Pune.

Go Design Chief Gautam Saraogi was cited by the Monetary Times as saying: "Achieving the achievement of having 500 stores is a five-year-old dream work out as expected for us.

For more apparel industry in India insights on this report, download a free sample

"We anticipate continuing our innovative and imaginative way to deal with launching more plans while providing more brand destinations for our customers and achieving numerous such achievements in the years to come."

Established in 2010, Go Style offers an assortment of base wear items for ladies, including churidars, leggings, collection of mistresses pants, palazzos, culottes, jeans, pants and 'jeggings'.

These items are sold across various classes, for example, ethnic wear, western wear, combination wear, sports clothing and denim.

Go Style additionally sells ladies' base wear clothing under the Go Varieties flag.

According to an ICICI Protections report, India's ladies' base wear business is supposed to increase by 35% from Rs135bn ($1.7bn) in the monetary year 2020 (FY20) to Rs243bn ($3.2bn) by FY25.

Go Style holds a 8% market share in the nation's branded ladies' base wear market.

Recently, Indian style retailer Aditya Birla Design and Retail (ABFRL) consented to get a greater part stake in design way of life brand Masaba.

ABFRL will buy a 51% stake in the brand by entering a binding term sheet with its proprietor, Masaba Gupta.

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