Lifestyle aim to double turnover in 2 years
Lifestyle International, part of Dubai-based Landmark Group, has set a target of doubling its turnover of Rs 2,000 crore in India in the next two years, a top company executive said.
February 19, 2011 / 10:13 IST
Lifestyle International, part of Dubai-based Landmark Group, has set a target of doubling its turnover of Rs 2,000 crore in India in the next two years, a top company executive said.
"With its 26th store in India launched, Lifestyle expects to exceed Rs 2,000 crore this financial year and more than double it in two years by adding another 14 stores," Kabir Lumba, Managing Director, Lifestyle International, said.
To achieve the expected turnover, Lifestyle which had reported a 70% growth this year, would pump in nearly Rs 500 crore, Lumba said, adding it would achieve 40% growth in the next fiscal. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!