Ferns N Petals has major expansion plans for its future with 500 retail stores in sight in the next five years.
Ferns N Petals has major expansion plans for its future with 500 retail stores in sight in the next five years. The brand also aims to increase the turnover to Rs 500 crore in the next five years, which is more than double the turnover of Rs.200 crore of last fiscal.
The brand with the retail concept of flowers and gifting presently has 180 stores in India. It will add 50 more stores across the country this year. Most of the new retail outlets will be opened via franchise route.
Looking further to expand its wings beyond Indian boundaries, Ferns N Petals will be opening its account in foreign lands with a plan to come up with stores in seven to eight countries. It may open its stores in London, Hong Kong and Singapore. Besides, it will also start its e-commerce operations across the globe including the Middle East, Philippines and South Africa by next year.
Ferns N Petals, which was established in 1994, fulfills all types of flower and gifts requirements. It has both online and offline presence and makes it possible to send flowers not just in India but overseas as well.