Fashion and apparels retailer V-Bazaar is looking at an over three-fold rise in its turnover at Rs 750 cr by 2021 on account of sales network expansion. As part of the expansion, V-Bazaar aims to add around 60-65 more stores across the country as part of its retail footprint expansion strategy, taking the total count of stores to over 120 by 2021. The retail brand, which operates in Uttar Pradesh, Bihar, Jharkhand and Madhya Pradesh, has been planning to enter new states like Odisha, Delhi-NCR, Uttrakhand and Assam. At present, 40 percent of the V-Bazaar Retail revenue comes from men apparel, 23 percent from ladies apparel, 25 percent from kids apparel and 12 percent from general merchandise. There is increasing business opportunity for the signage companies for in-store branding and graphic projects as retail players keep unveiling new retail stores.
