With the launch of those stores, V-Mart has joined an elite membership of fashion retailers with a retail space exceeding 2 million sq.ft. While, it took V-Mart round 12 years to open its first a hundred stores, and less than 4 for the subsequent one hundred, the last 50 shops have come up in lower than nine months. The Bengaluru-based retailer also shuttered a substantial number of its Unlimited stores and virtually exited markets in north India. Kingswood beforehand acquired Alameda-based Cost Plus World Market in January 2021 from Bed Bath and Beyond. The company also said it “recapitalized” Lind Marine, a marine providers business headquartered north of the San Francisco Bay, this year. ABG also owns brands corresponding to Juicy Couture, and licenses them to be sold in other retail shops.

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