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Neeman’s Plans 500 Stores to Expand Offline Presence
Neeman’s is a footwear company based in Hyderabad.
It sells shoes and other footwear through digital channels and stores.
The company wants to open more stores across India.
Its goal is to have 500 stores.
Neeman’s made Rs 185 crore in revenue last year.
Its CEO expects revenue to rise to Rs 350 crore by March 2027.
The company says stores will support its online business.
It also plans to invest in products, supply chains, technology and store operations.
Hyderabad-based footwear brand Neeman’s plans to expand its retail network across India.
The company aims to increase its store count to 500.
Neeman’s reported revenue of Rs 185 crore last year.
CEO Taran Chhabra expects revenue to reach Rs 350 crore by March 2027.
The expansion will involve investments in products, supply chain, technology and retail operations.
- Who
- Hyderabad-based footwear brand Neeman’s, led by co-founders Taran Chhabra and Amar Preet Singh.
- What
- Neeman’s plans to expand its Indian retail network to 500 stores and invest in its business operations.
- Where
- Across India, with the company based in Hyderabad.
- When
- The company expects to reach Rs 350 crore in revenue by March 2027.
- Why
- To grow its offline presence and complement its digital business with a wider retail network.
Key facts
- Company
- Neeman’s
- Headquarters
- Hyderabad
- Planned store count
- 500 stores
- Previous revenue
- Rs 185 crore last year
- Revenue target
- Rs 350 crore by March 2027
- Expansion areas
- Products, supply chain, technology and retail operations
Sources
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