Archive · 10 Jun 2025
Titan Plans Major Expansion of IRTH Handbag Brand
Titan Co.
aims to increase its handbag sales, targeting ₹1,000 crore by FY28.
They plan to open 100 IRTH stores by FY28, starting with franchise stores in major cities.
IRTH is expected to generate ₹600 crore in revenue, with Fastrack contributing the rest.
The company saw strong growth in perfumes and handbags in FY25 and anticipates continued growth, focusing on strategic expansion.
Titan Co. aims to increase its share in the women's handbag market.
The company plans to open 100 IRTH stores by fiscal year 2028.
IRTH brand expects to generate ₹600 crore in revenue by FY28.
The expansion will begin with franchise stores and focus on major cities.
Titan anticipates continued growth in the handbag business.
- Who
- Titan Co.
- What
- Plans to expand its IRTH handbag brand retail presence and increase revenue.
- When
- Targeting 100 stores by FY28 and aiming for ₹1,000 crore in revenue by the same year.
- Where
- Focusing expansion in top metro cities initially.
- Why
- To capture a larger share of the organized women’s handbag market and grow revenue.
- Target Revenue
- ₹1,000 crore by FY28
- IRTH Revenue Target
- ₹600 crore by FY28
- Organized Handbag Market Size
- ₹2,600-2,700 crore
- Target IRTH Stores by FY28
- 100
- Current IRTH Stores
- 7