Ace Turtle to open 100 new stores in FY25

A clothing company with brands like Lee and Wrangler, Ace Turtle plans to open 100 new stores in smaller Indian cities this fiscal year. The company will partner with other businesses to open these stores.

An apparel manufacturer and distributor, Ace Turtle is the licensed distributor of popular clothing brands in India. The company raised money last year to fund its expansion plans. Currently having 110 stores across the country, Ace Turtle plans to open a few large stores in bigger Indian cities.

With the growth of major clothing companies, India's apparel market is expected to almost double by 2030. To capitalise on this, Ace Turtle plans to add new clothing brands to their stores over the next three years. These brands will mainly target middle-class families and people who want to buy stylish clothes.