Renowned denim brand Pepe Jeans London is setting its sights on achieving sales of approximately 2,000 crore from the Indian market. The company plans to broaden its retail network by adding over 100 stores within the next three years to achieve this ambitious goal. Manish Kapoor, the Managing Director and CEO of Pepe Jeans India expressed confidence in the brand’s prospects for growth in the Indian market.
Kapoor stated that Pepe Jeans London is “very buoyant” about the Indian market and anticipates a steady 18-20% growth rate on a compound annual growth rate (CAGR) basis over the next three to five years.