Suxus, a leading menswear apparel retailer in South India, is planning for massive expansion.
As per reports, the company having 17 showrooms across major cities in Tamil Nadu, is planning to have more than 400 stores in the next 8 years. The company, currently having a turnover of around Rs.60 crore, will also have a sharp focus on creating a strong franchise. The details of investment have not been disclosed yet in the expansion programme.
Faizal Ahamed CM, the Founder of the brand said, “ Suxus strives to bring the best quality apparel at the most affordable prices. We have set out to conquer the South Indian market followed by an expansion plan to the north of India.”
He further added that, “With over 15 lakh direct customers in our database, and the robust expansion plan that we are rolling out, we aim to not only be in prominent corners of the country but also across the Tier-2 and Tier-3 cities, providing people with premium clothing options while being easy on the packet.”
The brand follows lean operational cost and debt-free business model.
