Recode Studios enters South Indian market with retailer in Chennai
Magnificence and skincare model Recode Studios has expanded its retail presence with entry into the south Indian market with a retailer in Chennai, Tamil Nadu.
Recode Studios enters South Indian market with retailer in Chennai – Recode Studios
The model has collaborated with Plush Boutique & Magnificence Lounge for its Chennai retailer spanning over an space of 200 sq. ft.
Recode Studios plans to additional strengthen its presence within the South by opening shops in Bangalore and Hyderabad.
Other than South India, the model additionally plans to open shops in different cities like Rudrapur, Lucknow, Pune, Mumbai, Allahabad, Jaipur & Jammu.
Commenting on the enlargement, Dheeraj Bansal, co-founder of Recode Studios in an announcement stated, “We’re excited to start this new journey into the Southern states of India with the launch of our retailer in Chennai. Our collaboration with Plush Boutique & Magnificence Lounge marks a key milestone for Recode Studios as we search to increase our artistic magnificence options into new markets. We’re assured that our collaborations will set new benchmarks for excellence within the magnificence business.”
Based in 2018, Recode Studios is eyeing Rs 50 crore ($6 million) in income by the tip of the 2024 monetary 12 months on the again of its ongoing retail enlargement. The enterprise reported income of Rs 26 crore within the 2023 monetary 12 months.
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