PEOPLE, a Madura Fashion & Lifestyle brand, opened its 100th store in the country in Bangalore, marking a significant milestone in the brands' short journey.
PEOPLE, a Madura Fashion & Lifestyle brand, opened its 100th store in the country in Bangalore, marking a significant milestone in the brands' short journey. PEOPLE, a brand that was launched in 2009, has managed to strike a chord with the customers in tier I and II cities alike within the short span of only six years.
R Sathyajit, COO, International Brands & New Businesses, Madura F&L said “The success of PEOPLE only reflects the confidence our consumers and business partners have shown in us. We have also been successful in bringing emerging fashion and fast fashion trends to cities in which we can see western wear is growing steadily."
Fuelled by increasing demand for fast-fashion and a successful business model, the expansion plans of the brand involve spreading across all regions and covering all town classes, right from the metros to the tier II & III towns. Moreover, apart from its aggressive growth plans, the brand aims to foray into several new categories such as non apparel and formal wear in the near future.
“One of the youngest home-grown brands from the house of the Aditya Birla Group, PEOPLE offers the latest international trends in the value based category and has shown tremendous acceptance amongst the youth in the country”, said Abhay Bahugune, Brand Head, PEOPLE.
PEOPLE has a retail network spanning across over 45 cities in 11 states. With a strong loyal consumer base, the brand saw over 78 per cent of its retail sales contributed by its loyalty members, and a strong 35 per cent contribution by repeat customers last year.