Style Spa chain starts online furniture sales
28 March 2014 11:21 PM GMT
Furniture retail chain Style Spa is tapping the online space to boost sales, expecting about 10 per cent of its total sales to come from the segment in the next three years.
‘We are expecting 10 per cent of the total accumulative revenue from this (online) section in next three years,’ said Style Spa Furniture Ltd Deputy Managing Director D K Jairath. An Adventz Group firm, the company runs 115 stores in 67 cities and has a revenue of Rs 225 crore.
‘We are looking at 15 to 20 new stores coming up in the next three years. By financial year 2017-18, we would have around 168 stores,’ said Jairath, adding, ‘The current revenue is Rs 225 crore.’
‘We are expecting 10 per cent of the total accumulative revenue from this (online) section in next three years,’ said Style Spa Furniture Ltd Deputy Managing Director D K Jairath. An Adventz Group firm, the company runs 115 stores in 67 cities and has a revenue of Rs 225 crore.
‘We are looking at 15 to 20 new stores coming up in the next three years. By financial year 2017-18, we would have around 168 stores,’ said Jairath, adding, ‘The current revenue is Rs 225 crore.’
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