Wednesday, June 14, 2006

Lifestyle adding 32 new stores

The Hindu Business Line reports that Lifestyle International Pvt. Ltd. announced it will be opening 32 stores over the next three years. Lifestyle’s parent company is the Dubai based retail chain Landmark Group. The company expects its turnover to increase to Rs. 5.4 billion next year and increase its market share from the current 3% to 15% by 2010. At the opening of Lifestyle’s first store in Gujarat in Ahmedabad’s Gallops Mall, Kabir Lumba, Executive Director, Lifestyle International said that the company will be expanding to other locations in the state, such as Surat as well.

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