D2C menswear brand Aristobrat is set to enter the offline market this financial year with plans to open three brick-and-mortar stores in prime locations across three major Indian cities. The brand anticipates 100 per cent growth in revenue during the fiscal year 2025.
“We’re excited to launch three stores this year,” said Aristobrat’s founder and CEO, Karan Singh, as per reports. “The first will be in Bengaluru, our home city. Next, we’ll expand to Hyderabad, given the high average order value we see there. Lastly, we’ll open in Mumbai, where we witness strong sales volume.”
Aristobrat has identified key demand areas such as Mumbai, Hyderabad, Punjab, and Chandigarh, while also seeing increased interest from non-metro regions. This aligns with a broader trend of rising demand for branded apparel in Tier-2 cities and beyond, driven by higher disposable incomes and greater internet access.
“In FY 2024, we closed with approximately Rs. 15 crore in revenue and an EBITDA margin of around 17 per cent,” Singh shared. “This year, we aim to double our revenue, and within the next two to three years, we’re targeting Rs. 50-60 crore.”
