Libas, a fast fashion ethnic wear brand, has crossed a Rs 1,000 crore annual run rate. The company is profitable and growing aggressively. Libas is expanding its offline presence with new stores and sees quick commerce as a key growth driver. An IPO is being considered for the next financial year.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/libas-hits-rs-1000-cr-arr-eyes-30-pc-growth-with-offline-scale-up-and-quick-commerce-push/129841318
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/libas-hits-rs-1000-cr-arr-eyes-30-pc-growth-with-offline-scale-up-and-quick-commerce-push/129841318