Koutons opening 100 new stores

Retail apparel firm Koutons India plans to open 100 new stores and expects revenue to grow by 35 per cent this fiscal. The company is planning to open the new stores to take the retail chain’s strength to 1,500 stores. Since the company is on an expansion mode, their franchise business model is doing well specially in tier II cities. No doubt, the newly opened Koutons stores will offer an opportunity to in-store media companies and signage suppliers.