Apparel Hits: 2838

V2 Retail Sets a target to expand store network

Apparel Hits: 2838
V2 Retail Sets a target to expand store network
Apparel Hits: 2838

16 June 2022, Mumbai:

Apparel chain V2 Retail plans to increase its total retail outlets to 120 by opening 20 more stores.

*As per an Indian Retailer report, the company also plans to employ 200 people for its stores across seven states including the national capital Delhi by the end of the ongoing financial year 2022-23.

The company will hire people from retail backgrounds for these positions. As per its growth strategy, it plans to expand into the Tier-II cities of UP, Odisha, Bihar, Jharkhand, Karnataka, and Goa.

The company is seeing a 30 percent jump in new employment in the current quarter, as per AkashAgarwal, Director. Last year, it hired 700 freshers across India. It hopes to sustain this momentum for the next two years.

It is looking for fresh and skilled and as it has reached a milestone of 100 stores this fiscal.

CREDITS: *Indian Retailer Report

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