Biba to launch IPO

Biba to launch IPO

02 April 2022, Mumbai:

Fashion and lifestyle brand Biba aims to launch a Rs 1,500 crore IPO this year, Besides, Biba is also increasing its store count across India.

The brand reached an India store count of 300 in December 2021 and will continue to open in new locations.

 

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It recently opened a brick-and-mortar store in Japan in Nishikasai in Tokyo’s Edogawa-Ku to house its selection of Indian ethnic and fusion wear.

The new store houses Biba’s selection of kurtas, dresses, sets, and fusion style ensembles in bright patterns featuring traditional motifs.

The space gives Tokyo’s shoppers their first chance to browse Biba’s products in person and experience the world of Biba.

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Biba has also launched a dedicated Instagram account for its Tokyo store named ‘Biba Japan’ to reach more customers in the city.

The store has launched Biba’s latest mini-collection named ‘Outfit of the New Year’ designed for upcoming New Year celebrations and featuring printed cotton kurtas and sets in sunflower yellow and navy blue. 

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