Madura Garments aims to double stores in two years

The Collective, the super-premium lifestyle retail chain of Aditya Birla Nuvo Group’s  Company (MGLRC), is planning to double its presence to 15 stores in two years. In 2008, the company started the brand with a store in Bengaluru. Then the company launching its eight stores in Chennai in investment of around Rs 5 crore per store. The the focus will be on unveiling of new stores in Hyderabad and Kolkata, after Chennai. It would also open stores in Noida in National Capital Region and one more in Mumbai. Besides, it would also explore opportunities in opening store in smaller cities like Kochi. It has launched stores in Mumbai, Delhi, Chandigarh and Pune. No doubt, this mega expansion plan of the company will definitely bring in a fresh business opportunity for the signage companies dealing in in-shop displays, designs and other related activities.

 

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