Cult.sport, the leading destination for sports apparel, equipment, and supplements in India, celebrates the inauguration of its offline store in Bengaluru, a pivotal move in the brand's expansion journey. This launch aligns with India's burgeoning sports and fitness industry, projected to reach $1926.10 million by 2029, showcasing a remarkable CAGR of 16.2 percent.
Amidst this significant growth, cult.sport ventures into brick-and-mortar retail, aiming to enhance accessibility to its extensive product range. With a mission to inspire and enable healthier, more active lifestyles, the brand plans to open two more stores in Bengaluru by the end of 2023, with a broader goal of launching 20 stores across India in 2024.
Shamik Sharma, Business Head of cult.sport said, "At cult.sport, we believe in the power of sports to transform everyone’s lives. Launching our offline store in Bengaluru is a testament to our dedication to making quality sporting products accessible to everyone. We aim to be more than just a retailer; we want to be the ultimate hub for sports enthusiasts. By expanding our offline presence, we can connect with our customers on a more personal level and better understand their needs. We look forward to serving the community."
Designed for an immersive shopping experience, the Bengaluru store features dedicated sections for sports gear, apparel, fitness equipment, and dietary supplements. This expansion into offline retail allows cult.sport to connect with customers on a more personal level, understanding their needs and holistically serving the community.
IGP, a leading player in the gifting industry, has unveiled its inaugural retail store in Bandra West, Mumbai. This move signifies a strategic step in IGP's customer engagement strategy, with plans to introduce two additional stores in Breach Candy and Vashi, Navi Mumbai, in the coming month. The retail stores mark IGP's commitment to enhancing the overall shopping experience for its diverse customer base.
The store showcases IGP's wide array of offerings, including fresh flowers, gourmet foods, personalized gift hampers, and more, catering to various occasions and sentiments. Customers can explore personalized gifting and cake options at their convenience. The launch of IGP's experiential retail store underscores the company's focus on innovation and customer-centricity, employing state-of-the-art technology to 'enrich relationships through thoughtfully curated gifts.'
With a robust delivery network comprising 3 mother warehouses and over 50+ dark stores, IGP is dedicated to delivering memorable moments to enrich relationships. Headquartered in Mumbai, the city at the heart of India's commercial capital, IGP's first retail store aims to provide an immersive shopping experience.
Tarun Joshi, Founder and CEO of IGP stated, "The launch of our first experiential retail store in Mumbai is a significant milestone for IGP. We are eager to offer customers a physical space to explore our diverse range of offerings. This achievement underscores our commitment to innovation and enhancing the user's gifting experience."
IGP, headquartered in Mumbai, continues to set industry benchmarks, delivering quality, convenience, and joy to customers globally. This retail initiative is part of IGP's broader plan to introduce more stores across the country, further expanding its retail footprint.
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