Chennai, March 21 Leading multinational fashion brand Max Fashion has set a target to open 40-50 stores across the country in the next year, a top official said here.
The company's 34th store in Chennai and the 71st outlet in Tamil Nadu was inaugurated by actress Kayadu Lohar in the city on Saturday.
As part of its expansion plan, Max Fashion hopes to have 100 stores in Tamil Nadu over the next two years.
Commenting on the inauguration of the new outlet at Valasaravakkam in Chennai, Max Fashion India CEO Sumit Chandan said, "Chennai has always been one of our most dynamic and culturally vibrant markets, and the launch of our Valasaravakkam store reflects our continued commitment to growing alongside its evolving fashion community."
On expansion plans, he said, "We are planning to open around 40-50 stores nationally in the next year. This new store format will be followed in all our upcoming stores and some of our already existing stores will also be converted into this format."
Spanning 14,000 sq ft, the store has been designed to be more spacious, structured, and has dedicated sections for men, women, and kids.
Max Fashion Regional Business Head Sathish Kumar said, "We are delighted to mark the opening of our 34th store in Chennai and 71st in Tamil Nadu." Currently, the company has a presence in Coimbatore, Tiruchirappalli, Madurai, Tirunelveli, Tuticorin, and Nagercoil.
"We are planning to take the number of stores in Tamil Nadu to 100 in the next two years," Kumar added.