Zudaas France to roll out 250 outlets by this fiscal

Zudaas France to roll out 250 outlets by this fiscalZudaas France, a premier international apparel brand for kids, has plans to open 250 outlets across India by this fiscal.

The company believes that this is the best time to expand its retail network as real estate prices are down and the estimated Rs 12,000-crore Indian kidswear market is growing annually at 15 per cent.

At present, the company operates 57 exclusive brand outlets in states including Chandigarh, Punjab, Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Gujarat, Maharastra, Himachal Pradesh and Delhi.

The company aims to become Rs 200-crore company by 2010-11.

According to sources, most of the proposed outlets would be franchise-operated and will come in both metros, and Tier I and II cities. The company is expecting average revenue of Rs 7 lakh per month from each store on completion of expansion.

The company has fixed a target turnover of Rs 210 crore by 2010-11.