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Dec, 17 2015

Max Fashion to open 1 store every 2 weeks

With aggressive expansion in mind, Landmark Group-owned international value fashion brand Max looks forward to opening at least one store every two weeks for the next three years.

With aggressive expansion in mind, Landmark Group-owned international value fashion brand Max looks forward to opening at least one store every two weeks for the next three years. The brand has launched its 135th store at DLF Mall of India in Noida and tomorrow it is opening three more stores.

Max is looking at a capital expenditure of Rs 2.5 crore for each of its upcoming stores which will be funded by revenue from its current stores. The firm believes it will generate enough cash for it to expand.  This year, the brand will be touching Rs 1,800 crore. It is growing at the rate of 38% CAGR every year.

In India, Max has its footprints in key locations including Mumbai, Delhi/NCR, Bangalore, Chennai, Kolkata, Hyderabad, Pune, Bhopal, Indore, Kochi, Lucknow, Bhubaneswar, Jaipur, Jabalpur, Nagpur, Raipur, Surat, Vadodara, Gangtok, Ranchi and so on.
Max is an international value fashion brand of Dubai-based Landmark Group. Established in 2004 in the UAE, Max has become the largest value fashion brand in India and the Middle East offering customers a one-stop shop for clothing, accessories and footwear needs for the entire family.

 

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