Fashion and apparels retailer V- Bazaar Retail is eyeing Rs 500 crore revenue in the next three years as the company plans to add up to 45 new stores in tier II and III cities. The company will invest between Rs 75-90 crore to open 40 to 45 new stores in tier-II and tier-III cities of Bihar, Jharkhand, Uttar Pradesh, Gujarat, Rajasthan and Uttarakhand. At present, V-Bazaar is operating 14 stores in Uttar Pradesh and Bihar and had revenue of Rs 44.8 crore in the financial year 2016-17. Such big move of the company towards store expansion will bring fresh business opportunity to signage companies whose activities involve in in-shop designs and branding.
