Future Group’s value fashion format FBB is planning to invest Rs.350 crore to open around 140 exclusive outlets as part of its expansion plan.
Company is aiming to double the turnover in the next 2 years. At present, FBB retails its products through 385 points of sales in Big Bazaar stores, including 62 exclusive outlets. Company has also drawn a plan to have 200 exclusive FBB outlets in the next two years i.e FY20 and FY21. Out of the planned exclusive stores, 40 will be opened in the FY19. FBB has also partnered with global fibre brand LYCRA to offer products at its stores in India.