Premium fashion retailer Iconic Fashion India has outlined ambitious growth plans, aiming to reach Rs. 1,100 crore (US $ 124 million) in revenue within the next three years, up from around Rs. 650 crore (US $ 73.29 million) in FY ’25. The company is pursuing a strategy built on store expansion, portfolio diversification and enhanced in-store experiences to drive its next phase of growth.
Apoorv Sen, Chief Operating Officer at Iconic Fashion India, said the company’s progress was being powered by a balanced mix of stronger performance from existing stores, steady new additions and a thoughtfully curated brand portfolio that continues to resonate with today’s consumer.
As part of its Rs. 150 crore (US $ 16.91 million) capital expenditure plan, Iconic has already deployed a significant portion towards expanding its physical presence. Over the past six months, the retailer has opened three flagship stores in Raipur, Ahmedabad and Rajkot, collectively adding over 75,000 sq.ft. of premium retail space.
Looking ahead, Iconic plans to add 10 lakh sq.ft. of retail space over the next four years, focusing on Tier-1 and Tier-2 cities where demand for premium fashion is rapidly rising.
Iconic’s multi-brand portfolio features a mix of international and Indian labels. The company is witnessing strong traction across its premium and global fashion lines, along with emerging categories such as luggage, designer wear and watches, which it identifies as new growth engines.
Designer collaborations with Shantnu & Nikhil, Abkasa and Amit Aggarwal, along with newer labels like RLove, are adding diversity and freshness to the brand mix. The company, which retails the premium brand Gant, recently appointed Bollywood actor Shahid Kapoor as its brand ambassador to strengthen visibility and appeal among younger, style-conscious consumers.
At the retail level, Iconic Fashion India is elevating its store experience through design-led concepts and café integrations aimed at creating more immersive shopping environments. Sen noted that the company is “premiumising” the Iconic experience by adding more high-end, design-led brands and enhancing the in-store journey through interactive experience centres.
In addition to its physical expansion, Iconic is intensifying its omnichannel strategy, focusing on deeper digital engagement and creating destination retail experiences that connect with aspirational shoppers across India.
