Leather brand Kompanero to expand in Europe
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India’s premium leather bag brand Kompanero plans to open 100 outlets by 2025. The company will open four stores, raising its network to 34, this year. “With four new stores in the pipeline, we are expanding our presence in existing cities with Express Avenue Mall in Chennai and Sarath City Mall in Hyderabad,” said Indranath Sengupta, Kompanero CEO. “In addition, the brand’s airport presence is being strengthened with our newly launched store at Guwahati Airport and Chandigarh Airport, and an upcoming one at Chennai Domestic Airport.”
The brand is also entering Europe this year with its exclusive stores; however, the exact location of the first store has yet to be revealed.
The company’s turnover has grown by 60 per cent within the last year.
Kompanero products are available in Australia, the UK, Japan, and Korea via distribution networks as well as e-commerce portals including Amazon, Myntra and Jabong.
Questions & Answers
Q.What is Kompanero's target for store openings by 2025?
What is Kompanero's target for store openings by 2025?
Kompanero aims to open 100 outlets by 2025. This year, they are opening four new stores, which will increase their total network to 34 locations across various cities.
Q.Which new locations are planned for Kompanero stores within India this year?
Which new locations are planned for Kompanero stores within India this year?
Within India, Kompanero is expanding its presence in existing cities with new stores in Express Avenue Mall in Chennai and Sarath City Mall in Hyderabad. They are also strengthening airport presence at Guwahati, Chandigarh, and Chennai Domestic Airports.
Q.How much has Kompanero's turnover increased recently?
How much has Kompanero's turnover increased recently?
The company's turnover has seen significant growth in the last year, increasing by 60 per cent. This indicates strong financial performance and expansion potential for the brand.
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