Menswear brand Aristobrat plans to launch offline in FY25

Direct to customer menswear brand Aristobrat plans to make its offline debut this financial year and will open three brick-and-mortar stores on high streets in three Indian metros. The business also expects to see 100% growth in the 2025 fiscal year.

“We will open three stores this fiscal year,” said Aristobrat’s founder and CEO Karan Singh, India Retailing reported. “The first will be in Bengaluru, our home base. The second will be in Hyderabad, due to the high average order value we see from that city. The third will be in Mumbai, where we experience significant sales volume.”
 
Aristobrat currently counts areas including Mumbai, Hyderabad, Punjab, and Chandigarh as high demand locales. Its non-metro shoppers are also increasing in line with the wider trend of rising consumer demand for branded apparel in Tier 2 cities and beyond due to higher disposable incomes and increased internet adoption.
 
“We ended FY 2024 with approximately Rs 15 crore in revenue and an earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin of about 17%,” said Singh. “This financial year, we are aiming to double that revenue. In the next two to three years, our target is to touch a revenue of approximately Rs 50-60 crore.”