Rosebys, a UK based textiles; lifestyle and home décor retailer has plans to role out 100 more stores across India via franchising by 2011. With the target to spread across the metros and small towns, Roseby is aiming to mark its presence in diverse locations in India.
As per the official, Rosebys India is expecting revenue of around Rs 100 crore in the current fiscal year. The company also expects the annual sales to reach to Rs 500 crore in the coming four to five years.
Presently the company supports 82 outlets across the nation. Rosebys, which sells products such as bed linen and cushions, is poised to get benefits from the rising demand of home textiles products. The company is also planning to re-enter the European market shortly.