Mumbai: Ashapura Intimates Fashion has opened its new flagship 'Valentine Loungewear Showroom' in Mumbai.
It is the first ever largest loungewear showroom in Maharashtra. It has been spread over two floors modelled on international architectural design, the company says in its statement.
The store is located at Rajyog, Vardhaman Nagar, Mulund West.
Ashapura –Valentine Group has entered into retail segment recently. The company’s first Valentine showroom spread over 1550 square feet was opened at Hill Road, Bandra, in the month of December 2014.
The store in Mulund is the second showroom of the Group. The company is planning new Valentine showrooms at Borivali, Thane and Ghatkopar.
'The company has expansion plan to set up 26 Valentine Loungewear showrooms in Greater Mumbai by end of December 2015. The company also plans to expand retail showrooms on franchise basis across India,' the company said in a statement.
'The company has export order of Rs 65 crore for the year 2014-15. The company mainly exports to Middle East and now plans to expand its export horizon to other countries.'
The company has growth rate of 30% per annum.