Stanley Lifestyles opens three new Bengaluru stores
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Stanley Lifestyles expands its Bengaluru footprint with three new stores, adding premium and luxury offerings.
- Opened three new Bengaluru stores covering ≈28,000 sq ft: 10,000 sq ft Sofas & More on Mysore Road, 12,000 sq ft hybrid boutique in Gunjur, and a 6,000 sq ft Hilker shop‑in‑shop in Electronic City.
- Exclusive partnership with German luxury brand Hilker introduces higher‑margin products, elevating the company’s premium positioning.
- Existing 300,000 sq ft manufacturing base in Bengaluru enables efficient stocking, expected to lift same‑store sales and improve gross margins.
- Short‑term cash outflows rise for fit‑out and staffing, but a strong balance sheet should cover costs; medium‑term outlook foresees modest earnings impact now and potential top‑line and EBITDA‑margin growth over the next 12‑24 months.
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