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Titan eyewear to exit large format stores in three months as sales stagnate

Had presence in 200 such stores; it has already moved out of 70 Lifestyle stores

Saumen Bhaumik
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Saumen Bhaumik, chief executive officer of eyewear, Titan Company

Samreen Ahmad Bengaluru
Titan’s eyewear division has decided to exit the large format store channel within a quarter as it is seeing stagnant growth there. Titan had a presence in over 200 such stores across the country, including at Shoppers Stop, Lifestyle, and Central.

It has already exited from over 70 Lifestyle stores, and work is on to shut shop at Shoppers Stop.

“Typically, we sold sunglasses through this channel, and being discretionary, that category has been stagnant for some time. Covid has taken a serious toll and recovery is going to take even longer now,” said Saumen Bhaumik, chief executive officer of

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