In a mega-expansion spree, Dalmia group's home decor retail chain, Rosebys, plans to rollout 500-700-stores across the country over the next 3-5 years.
“You won’t catch me sporting labels and high-end brands all the time. I am into high-street wear too,” says Payal Sen, director of Rosebys Design Studio and of the brand’s interior magazine Enhance. “Similarly, I have a collection of art by not just well-known artists but also upcoming ones,” she adds.
Unperturbed by the deep slowdown in retail business and overall economy, industrialist Sanjay Dalmia has chalked out ambitious plans to create a $200-billion global retail chain in the next five years.
Rosebys Interiors India Ltd, home decor and lifestyle products company which started operations a month ago, is planning to invest Rs 150 crore to expand its retail store network to 240 stores from
Taking advantage of low rentals, Home Decor and lifestyle products company, Rosebys Interiors India Limited is ramping up its retail presence in the country.
Rosebys, the UK's largest home textile retail chain, which was acquired by Gujarat Heavy Chemicals in 2006, is set to foray into the domestic market this year with a slew of stores.
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