Lifestyle International, part of Dubai-based Landmark Group, has set a target of doubling its turnover of Rs 2,000 crore in India in the next two years, a top company executive said.
With its 26th store in India launched here today, Lifestyle expects to exceed Rs 2,000 crore this financial year and more than double it in two years by adding another 14 stores, Kabir Lumba, Managing Director, Lifestyle International, told reporters here.
To achieve the expected turnover, Lifestyle which had reported a 70% growth this year, would pump in nearly Rs 500 crore, Lumba said, adding it would achieve 40% growth in the next fiscal.
Stating that Lifestyle, with its related stores such as Home Centre and Max, would focus more on Tier II cities like Kochi and Vijayawada in the near future, Lumba said the stores offer a choice of more than 350 national and international brands across apparel, footwear children's wear and toys, personal grooming under one roof.
