Go fashion plans to open 150 new stores in 2024, embracing tech for expansion

go fashion india
Photo: Social Media

INVC NEWS
Mumbai  : Go Fashion (India) Ltd plans to open 120-150 new stores in the current financial year. A senior officer of the company gave this information. Go Fashion owns the popular women’s brand Go Colors. The official said that the company added a total of 94 stores in the last financial year, taking our total store count to 714.

Go Fashion is using technology to expand its reach to consumers across different cities. Apart from stores, it is also providing online shopping experience to the consumers.

Meanwhile, the city-based company has earned a profit of Rs 13.1 crore in the January-March 2024 quarter. In the same quarter of the last financial year, the company’s profit was Rs 14.8 crore. The company’s profit has remained stable at Rs 82.8 crore in the entire last financial year.

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