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Tuesday, November 26, 2024

Newme expands retail footprint with two new stores (#1681809)

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November 26, 2024

Newme, a women’s fashion brand has strengthened its retail footprint with the addition of two new retail stores ahead of its annual Black Friday sale event.

Newme expands retail footprint with two new stores – Newme

The stores located at Pacific Mall in Delhi and IWC VIP Road in Surat will house the latest collections from the brand.

Newme plans to open 15 to 20 stores by the end of the current financial year with store launches planned for Pune and Gurgaon in the coming weeks.

Sumit Jasoria, founder CEO of Newme in a statement said, “Delhi and Surat are key markets for us as we expand into both tier 1 and tier 2 cities. Delhi ranks among the top cities for our online sales, while Surat has emerged as a rapidly growing market, making these cities ideal for our offline journey.”

“In the coming weeks, we plan to open two new stores in Pune and Gurgaon, along with other parts of Delhi-NCR. This expansion reflects our commitment to offline growth while catering to the overwhelming demand during Black Friday,” he added.

Newme currently operates 9 offline stores across 7 Indian cities and has strong online presence through its app.

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