Giordano seems to double India income subsequent yr
Hong Kong primarily based males’s attire enterprise Giordano goals to double its income within the Indian market within the 2024 calendar yr. The retailer additionally plans to double its complete brick-and-mortar retailers within the nation to 100 to attach with buyers in new areas.
Giordano retails its menswear line in India and plans to launch its girls’s and kids’s collections quickly – Giordano- Fb
Giordano re-entered the Indian market after a hiatus in partnership with Brandzstorm India Advertising and marketing and reported a income complete of Rs 20 crore in 2023, India Retailing reported. The enterprise is assured that this determine will rise to Rs 40 crore in 2024 because the model expands its retail presence throughout the nation.
Giordano presently counts 108 factors of sale in close by Myanmar and goals to achieve an identical complete in India, seeing immense potential for progress out there. The model retails a mixture of males’s, girls’s, and kids’s put on in different nations however its India shops presently give attention to its menswear collections. Giordano can be contemplating launching its girls’s and kids’s product strains in India within the coming yr.
The model goals to maintain up its present quick paced progress for the approaching few years and targets Rs 100 crore in gross sales by 2026. Together with opening unique model retailers, Giordano plans to launch store in retailers inside multi-brand retailers and develop its on-line attain by multi-brand e-commerce platforms.
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