14 July, Mumbai 2025
Setting ambitious targets for its newly acquired brand, Lanchester Paris, Yogi Retail Ventures projects revenues of Rs 10-12 crore from the label in its first full fiscal year.
The company also aims to develop a robust portfolio of 10 global brands, signaling a significant push into India's burgeoning retail landscape. Alongside this, Yogi Retail Ventures plans to expand its retail footprint by setting up over 100 stores across India. These will encompass a mix of standalone boutiques, shop-in-shops within department stores, and a strong online presence to cater to diverse consumer segments nationwide.
Known for its stylish and high-quality handbags, wallets, and accessories, Lancaster Paris is expected to resonate well with India's increasingly discerning and affluent consumer base. Yogi Retail Ventures will likely leverage its expertise in retail operations, market understanding, and distribution networks to ensure the brand's successful integration and growth. The initial revenue projection for Lancaster Paris serves as a crucial benchmark for the company's ability to introduce and scale international brands effectively in a competitive market.
This strategic direction aligns with the growing trend of international fashion and luxury brands entering or expanding their presence in India, driven by the country's rising disposable incomes, evolving consumer preferences, and youthful demographic. Yogi Retail Ventures' focus on building a multi-brand portfolio and a widespread store network positions it as a key player in shaping the future of organized retail in India, aiming to capture a significant share of the market for global fashion and lifestyle products.
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