Numero Uno Expects A Revenue Growth Of 15-20% By Expansion

Numero Uno expects a revenue growth of 15-20% by expansion

India’s leading denim brand Numero Uno, the flagship brand of Numero Uno Clothing Ltd has announced to expand to southern and western Indian markets by opening 36 stores and hoping to record a revenue growth of 15 to 20 per cent from this expansion.

Investment of over Rs 10 crore by the company in the coming years. Additionally, it plans to put structured investment by promoting premium sportswear segment of Athleisure and aiming to grab a substantial market share over the years.

Apart from its existing domestic operations, the brand is now looking at licensing arrangements in international markets too.

Narinder Singh Dhingra, CMD, NUCL said that pre year they are planning to open 12 – 15 stores for the next three years mostly in South and West India. They will also plan to expand to East India as it has huge market potential.

The first indigenously manufactured denim brand that presently runs 180 stores.

– Apparel and Textile News, Apparel Talk, Indian Apparel