Apparel and accessories brand KAZO has opened its fifth outlet in Mumbai at Growel’s 101 Mall, Mumbai. Spread over 668 sq.ft, the outlet stocks a variety of designer wear. The brand has an international presence in Paris, Barcelona, and Madrid. In India, KAZO has outlets in Mumbai, Delhi-NCR, Ludhiana, and Amritsar.
Speaking on the occasion, Deepak Aggarwal, Managing Director, KAZO, said: “With the opening of the recent stores in Mumbai, we have equalized the count of stores in Delhi/NCR. KAZO is now aggressively looking to expand in West and South India. Growel’s 101 mall in Kandivli has the right catchment and a well structured management to work with. The mall has a great infrastructure and ambience for upcoming brands."
Aggarwal said that currently, the brand has13 stores across India. "We have five to six more projects in the pipeline and the number may rise considering good proposals. But our plans as of now are expanding as per the market potential and balancing the ROI. Looking at the current trends, we are expecting a turnover of approximately Rs 1.5 crore per store. Right now, we are concentrating on the Indian market but we are open to entering the international market as well. Depending on the requirement of the markets we enter, we would customize the brand,” he added.
KAZO has its design studios in Madrid, Barcelona and Paris and was launched in India by Deepak Agarwal in the year 2007.
-IndiaRetailing Bureau
