New business opportunities keep surging in the retail domain with prominent brands like Spykar keep expanding stores across the country. The denim-focused fashion brand has announced plans to add 100 new stores across the country over the next two years, taking its total retail network to more than 380 outlets. The expansion follows the opening of four new stores in Ghaziabad, Vizag, Simdega, and Darbhanga. As part of its growth strategy, the company is strengthening its presence through a combination of mall-based and high-street locations. Spykar said the expansion is aimed at increasing its reach in key growth markets, particularly across tier-ll and tier-lll cities. The company believes factors such as rising disposable incomes, growing fashion awareness, and increasing demand for organised retail are contributing to growth opportunities in these markets. (Source: Indian Retailer)
Spykar plans 100 new stores countrywide
