Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jun, 26 2015

Baggit to open 12-15 stores in the North-East

Baggit will be coming up with 12 to 15 stores in the North-East region this year. The brand presently runs about 43 outlets.

Baggit to open 12-15 stores in the North-East

Baggit will be coming up with 12 to 15 stores in the North-East region this year. The brand presently runs about 43 outlets.

On the expansion plans of the brand, Nina Lekhi, Founder and Owner, Baggit, says, “We are opening 12 to 15 stores this year in the North–East region. These stores will be set up in high street, centres and malls in tier I and II cities like Bhubaneswar and Kolkata. Average area required to open each store will be of 200-250 sq ft with an investment of Rs 50 lakh per store.”

Baggit’s 94 % sales come from offline stores and four percent come from online mode. To strengthen its online space, it is going to develop new website of Baggit. The brand, which has a target age group of 15 to 40 years old, is also introducing men’s bags in the price range of Rs 3000 to Rs 4000, she added further.

Baggit was founded in 1990 with a desire to create a brand that offered a unique concept. It pioneered the concept of using traditional handicraft skills to create modern designs with non-leather, eco-friendly materials and thus, becoming one of the favourite bag brands of the Indian consumers.

 

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Quick Service Restaurants
    About Us: Kev’s Café is a renowned brand established in 2001..
    Locations looking for expansion Delhi
    Establishment year 2011
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Entertainment & Leisure
    Entertainment Sportz is a full service event management company covering..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Department & Convenience Stores
    About Us: NEEDS, a well-known brand which opened its first Superstore..
    Locations looking for expansion Haryana
    Establishment year 2002
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Faridabad Haryana
  • Real Estate Sub
    About Us: RE/MAX is one of the World’s largest and most..
    Locations looking for expansion New Delhi
    Establishment year 1973
    Franchising Launch Date 2009
    Investment size Rs. 10lac - 20lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi New Delhi
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities