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
  • Fine Dine Restaurants
    About Us: Karim’s, a division of Karim’s Hotels Private Limited, is..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: GenMart was established in 2018 by GenMart Genric Pvt...
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Borivali west Maharashtra
  • Casual Dine Restaurants
    Nukkar Dhaba is one of the famous restaurant in Chandigarh..
    Locations looking for expansion Chandigarh
    Establishment year 1991
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chandigarh Chandigarh
  • Waste Management Services
    a.        India’s 1st integrated icensed fuel enterprise st..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Haveli Maharashtra
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities