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With the launch of those stores, V-Mart has joined an elite club of style retailers with a retail space exceeding 2 million sq.ft. While, it took V-Mart around 12 years to open its first a hundred stores, and fewer than four for the following 100, the last 50 stores have come up in less than nine months. The Bengaluru-based retailer additionally shuttered a substantial number of its Unlimited stores and just about exited markets in north India. Kingswood previously acquired Alameda-based Cost Plus World Market in January 2021 from Bed Bath and Beyond. The company additionally said it “recapitalized” Lind Marine, a marine companies enterprise headquartered north of the San Francisco Bay, this year. ABG also owns manufacturers similar to Juicy Couture, and licenses them to be sold in other retail stores.
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Nhan mentioned it has been “typically a …