India-based menswear brand Blackberrys is estimating revenue of Rs. 1,100 crore for the financial year 2018-19.
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The fashion brand has mapped considerable expansion for the next fiscal as it looks to add 50 new stores.
Notably, Blackberrys reached sales of Rs. 900 crore for the fiscal year 2017-18.
It witnessed a 20 percent surge in the current fiscal and opened 80 new stores during the current fiscal.
“We have opened more than 80 doors in the year that is going by. For the coming year, while the budgeting exercising is still going on, we are clearly looking at 40-50 more doors. Between the formats, we are available in nearly more than 1,000 outlets,” said reportedly Ramesh Kaushik, VP Brand Experience, Blackberrys.
The company grew at a CAGR of more than 20 percent last year.
Blackberrys has its presence across 350 cities in India.
It operates more than 260 exclusive brand outlets and 700-plus multi-brand outlets.