Hotline: 1800 102 2007
Hotline: 1800 102 2007
Mar, 19 2019

Japanese lingerie brand Wacoal plans to invest Rs 100 crore in 3 years

The company is also aiming to generate a revenue of $25 million in the country by 2021.

Japanese lingerie brand Wacoal plans to invest Rs 100 crore in 3 years

Wacoal, Japanese lingerie brand, is planning to invest Rs 100 crore in India over the next three years. The company is also aiming to generate a revenue of $25 million in the country by 2021.

While adding another 80 stores in the shop-in-shop format, Wacoal will be taking the number of its exclusive stores in India to 70 by 2021. The company forayed into India in 2015, through a joint venture with Periwinkle Fashions.

Tomoyasu Ito, Representative Director, President and Corporate Officer of Wacoal Corp, said, "We have seen exponential growth in the Indian market since Wacoal's entry in 2015. With this expansion, we aim to explore its full potential and further solidify our position as a leading entity in the country's luxury lingerie market."

Wacoal will set up more stores in the existing markets such as Mumbai, Delhi, Pune and Bengaluru. It will add the latest stores in the other top 10 cities of the country. The company will also be focusing on smaller cities, including Nashik, Rajkot, Nagpur, and Indore among others

Currently, Wacoal sells in the country through its network of 12 company-owned exclusive outlets and through e-commerce companies like Myntra, Jabong, Tata Cliq and its own website.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: We are a team of industry experts working round..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 50000 - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • 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
  • Biker's Accessories
    Two wheeler market size of India is 18 million units..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Extra Curriculum Activities
    About Us: Who are we & where do we belong? We are..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities