Turtle set in expansion mode
Turtle Limited, a men’s apparel brand has plans to add stores both via franchise and company owned route. The company presently has 40 stores and expects to take store count to 100 by next financial y
Mar 10, 2011 | comments (0) |
Turtle Limited, a men’s apparel brand has plans to add stores both via franchise and company owned route. The company presently has 40 stores and expects to take store count to 100 by next financial year.
Turtle has consistently grown its sales and market share ever since its inception in 1993. It has strengthened its foothold all across the country including cities like Ahmedabad, Allahabad, Bangalore, Bhubaneswar, Chandigarh, Cuttack, Dibrugarh, Gangtok, Gorakhpur, Guwahati etc.
Turtle has also increased its sales turnover and market share over the years. Over the last three years, the company has been growing at an average of 35 per cent every year. The company expects to have sales growth of 45 per cent a year and also increasing its consumer base. An investment close to Rs 15 crore has been planned for this ambitious expansion.