Womenswear brand Latin Quarters plans to foray into global markets, beginning in the Middle East. The brand also aims to continue to expand in India and launch two new stores and renovate two more, eyeing a Rs 200 crore revenue run rate by the end of the 2026 financial year.
“Currently, our revenue run rate is around Rs 130 to Rs 132 crore,” said Latin Quarters’ CEO Rahul Bhalla, India Retailing reported. “To reach Rs 200 crore in 18 months, we need to achieve a monthly run rate of about Rs 16 crore to Rs 17 crore in the coming months.”
The brand has seen its South Indian stores become more profitable due to consumer demand for premium goods. Latin Quarters’ stores in Bengaluru, Hyderabad, Chennai, and Visakhapatnam are now some of its highest performers with East India also gaining traction.
“We predominantly operate offline, with 90% of our revenue generated through our offline channels,” said Bhalla. “Online sales will continue to grow, potentially by around 10%, but I don’t foresee them replacing offline retail anytime soon, especially in the category we operate in… Retailing through department stores plays a crucial role in our strategy. It enables us to expand into smaller Tier 3 and Tier 4 cities, broadening our geographic reach across the country.”
Latin Quarters was founded in 2006 and specialises in western wear, jewellery, and accessories. The brand’s main target demographic is aged between 24 to 40 years. After opening its first store in New Delhi, the label today counts 23 exclusive brand outlets and has a presence in more than 400 department stores such as Centro, Shoppers Stop, and Lifestyle as well as an online presence.
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