Mumbai-based textile producer and exporter, ‘Rare Rabbit’, premium men’s apparel brand and the fashion arm of Radhamani Group, will open 31 more stores by the end of March 2018 in the country. Another three outlets at Surat, Mumbai and Kochi will be operational by next week.
The brand is also mulling over opening outlets overseas and is in talks with franchise partners in France, Germany, Amsterdam and Gulf Cooperation Council.
“Radhamani group has been in the textile manufacturing industry for 18 years. The company has so far invested Rs.17 crore and plans to invest Rs.18 crore for opening new stores in shopping malls, products and shop-in-shop models. We are testing the market using shop-in-shop models. We have 52 point-of-sale outlets in India and plan to increase it to 100 in the next two to three years,” Manish Poddar, owner and creative director of Radhamani Group said.
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