Garment Mantra Way of life Ltd. goals to open 110 new shops subsequent yr
By the Retail4Growth staff | Retail4Growth Staff | January 12, 2021
The corporate along with the Worth Retailing arm; Twenty Twenty Buying and selling LLP “Value Mantra” plans to open 110 shops within the close to future to broaden the market attain and fulfill the model aspiration of all Indians.
Garment Mantra Way of life Ltd., a sustainable and eco-friendly life-style model, has introduced the opening of latest shops for Twenty Twenty Buying and selling LLP “Value Mantra”. Aiming to satisfy the calls for of all Indians, Garment Mantra has opened a novel and area of interest model retail mannequin, ‘Value Mantra’ shops in numerous cities and goals to introduce 110 new shops subsequent yr.
Prem Aggarwal, President and CEO of Garment Mantra, ”At Garment Mantra we’re delighted to replace our shareholders on this strategic plan for our Worth Retailing division – Twenty Twenty Buying and selling LLP“ Value Mantra ”. We have now already opened 7 shops and we’re striving to develop into an all-India participant by opening 110 shops within the close to future to broaden our market attain and fulfill the model aspiration of each Indian. By rebuilding the group’s buildings, we’re assured of acquiring substantial advantages from latest acquisitions and a marked enchancment in efficiency going ahead. “
Garment Mantra began its companies in 2005 and has 7 profitable shops within the nation; of which 5 are in Tirupur, 1 in Coimbatore and 1 in Delhi. The corporate, which operates with franchise-based fashions and its personal shops, plans to succeed in extra cities by means of large enlargement.