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Neeman’s Plans 500-Store Expansion

The company, which reported revenue of Rs 185 crore last year, expects to record Rs 350 crore in revenue by March 2027, co-founder and chief executive officer Taran Chhabra said.

Hyderabad:Hyderabad-based footwear brand Neeman’s is expanding its retail network across India and plans to take its store count to 500 as it looks to grow its offline presence.

The company, which reported revenue of Rs 185 crore last year, expects to record Rs 350 crore in revenue by March 2027, co-founder and chief executive officer Taran Chhabra said.

The expansion will focus on increasing the brand’s presence across markets and complementing its digital business with a wider offline retail network.

Co-founder and chief operating officer Amar Preet Singh said the company would invest in its product range, supply chain, technology and retail operations as part of the expansion, according to a release.

( Source : Deccan Chronicle )
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