New Delhi, May 5 -- Indian ethnic and fusion wear brand Libas is looking to become a broader lifestyle house, adding new categories and labels as it works towards a public listing by FY28.
"We want to be a lifestyle house of brands over the next five to ten years.So you will see some categories like handbags or maybe accessories, even home furnishing that we might explore over the next two years," said Sidhant Keshwani, founder and CEO, without specifying the segments where the company wants to grow.
The expansion plan comes as Libas scales both distribution and revenue ahead of its initial public offering (IPO) ambition. The company is targeting Rs.1,000 crore in revenue by FY28, while maintaining annual growth of 30-35%. It expects to...
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