Extension plan for furniture chain Stanley Lifestyles in India
Premium furniture and home-decor maker Stanley Lifestyles in India has propelled a new flagship in Bangalore as a major aspect of its broad extension plans for the region.
The brand is planning to build a network of 55 new retail outlets in the region, at an investment of US$9.6 million. The new stores will incorporate five high-end Stanley Level Next-branded outlets and 50 mid-range Sofas and More stores in the region, focusing on incomes of $89.7 million.
“We compete with international brands and are known for our high-quality standards & craftsmanship and proudly position ourselves in high-end home and lifestyle business,” said Stanley Group founder, chairman, and MD Sunil Suresh. “As India’s very own luxury brand, we strive to exceed the expectations of the discerning Indi...