V2 Retail boosts retail penetration with new store launches in non-metros

18 February 2025, Mumbai

Value fashion chain V2 Retail penetrated deeper into the country with new store launches in non-metros such as Kotdwar, Narsinghpur, and Rupnagar. Through these new store launches, the retailer aims to connect with its rural shoppers.

V2 Retail’s new store in Rupnagar offers 5,000 styles for the entire family. Spread across three floors, the store retails both western and ethnic wear garments along with a range of accessories and lifestyle goods.

Located at the Itwara Bazar Kandeli, V2 Retail's store in Narsinghpur expands the company’s brick-and-mortar presence in Madhya Pradesh. The retailer’s store in Kotdwar, Uttar is located in Sitabpur and introduces many promotional offers for shoppers.

V2 Retail registered a 117 per cent rise in its Q3, FY25 net profit to 51 crore from Rs 24 crore in the corresponding quarter last year. The company’s revenues also rose by 58 per cent to Rs 591 crore during the quarter.

Latest Fashion news