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Future Group to double turnover

Kishore Biyani-led Future Group's value fashion format FBB plans to develop its turnover in the next two years by opening 140 exclusive outlets with an investment of Rs 350 crore.

Out of these 140 new exclusive stores, 40 will be opened in the current fiscal year.

FBB has also partnered with global fibre brand LYCRA to offer products at its stores in India.

At present, FBB retails its products through 385 points of sales in Big Bazaar stores, including 62 exclusive outlets.

The company, over the last two years has undergone a significant transformation by improving products assortments, in-store experience by reworking/renovating 100 points of sale.

 

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