Campus Activewear targets optimistic annual growth
16 May 2022, Mumbai:
Expanding both offline and online operations, sports and athleisure footwear brand Campus Activewear plans to grow 27 percent annually over the next few years.
*As per a Fashion Network report, the brand recently launched its IPO that was subscribed 52 times on the first day itself.
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In the last three years, Campus Activewear expanded operations in South and West India. The brand plans to continue brick-and-mortar expansion in these regions besides expanding online and in direct-to-customer space, says Nikhil Agarwal, CEO.
It also plans to acquire new businesses in the future.
Launched in 2005, Campus Activewear offers multiple choices across styles, color palettes, price points, and an attractive product value proposition.
RELEVANT NEWS SEBI approves Campus Activewear’s new IPO
The brand had an approximately 15 percent market share in the branded sports and athleisure footwear industry in India by value for fiscal 2020, which increased to approximately 17 percent in fiscal 2021.
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CREDITS: Fashion Network report.
