Delhi-based A K Retail plans to open 20 more exclusive brand outlets of Maishaa, its exclusive high-end home textiles stores, this fiscal, to scale up operations in the domestic luxury market.
Maishaa currently, has total five stores present in New Delhi, Surat, Hyderabad and Mumbai.
“The new stores, which will come up in 15 major centres, pan-India, will focus on Tier I and II cities like Bangalore, Kolkata, Indore, and Chandigarh,” revealed A K Retail's President, Arun Garg.
It is speculated that the stores will have an average area of 1,000-1,500 sq. ft and will cost Rs 50-55-lakh.