Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 03 2014

FabFurnish.com plans to hit target of Rs 500 Crore by 2015

With an annual growth rate pegged at 3-4 times, fast growing furniture and home décor brand, FabFurnish.com plans to achieve a target of Rs 500 crore in the next one year.

FabFurnish.com plans to hit target of Rs 500 Crore by 2015

With an annual growth rate pegged at 3-4 times, fast growing furniture andhome décor brand, FabFurnish.com plans to achieve a target of Rs 500 crore in the next one year. The brand aims to expand its magnitude by growing its current assortment of 60,000 products by 100 per cent in the next quarter to ensure customer loyalty and retention.

Backed by its unmatched range of contemporary décor solutions, employee strength of 200+ and accelerated pace of growth, the company envisions becoming a billion dollar company and the largest player in the home and lifestyle segment in India. Vikram Chopra, Founder and Chief Executive Officer, FabFurnish.com says: “In few years, we would be the undisputed leader in the market. Offline stores would play a key role in expanding our reach. Our stores are an integral part of the customer experience. We target Pune, Hyderabad, Chennai, New Delhi and Noida for expansion.”

Chopra further adds: “As a brand, we want to provide a holistic experience to our consumers, and offline stores help us do that. Creating physical stores was a part of our brand strategy from the start. Hence, our first store was up and running within six months of launching our online business. Our stores are 5,000-10,000 sq ft concept stores, much smaller than typical furniture stores of 30,000-50,000 sq ft. We display a limited inventory at the store, but it's good enough for consumers to get confidence on our quality and brand value to buy anything from us.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Robotics & Technical Training
    About Us: We make young engineers through edutainment. Junior Engineers is..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2011
    Investment size Rs. 2lac - 5lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi Delhi
  • Certification Course Coaching
    About Us: NHCA Singapore is eminent training & certification provider for..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 10000 - 50000
    Space required 100
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Mumbai Maharashtra
  • Ad Agencies & Collection Centres
    Bookeventz is India's leading network of trusted venues that provides..
    Locations looking for expansion Haryana
    Establishment year 2012
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Travel Agents
    About Us: India Assist works on a centralised mechanism to offer..
    Locations looking for expansion Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 10000 - 50000
    Space required 50
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater New Delhi Delhi
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities