D2C fashion brand Libas plans to add over 50 new stores in FY27 Iincluding nine exclusive brand outlets across five cities. The expansion comes alongside its entry into fashion jewellery, launched online to tap festive demand.
The nine stores will be located at Airport Road, Jayanagar, Commercial Street and Mantri Mall in Bengaluru; Pacific Mall and Vaishali Nagar in Jaipur; Z Square Mall in Kanpur; H&S in Noida; and South Avenue Mall in Jabalpur.
Sidhant Keshwani, Founder and CEO, Libas, said, “Our focus is on building a retail network that allows us to scale efficiently, respond to local demand and deliver a consistent brand experience. The nine store openings during Navratri are part of this larger strategy, as we work towards our FY27 growth ambitions.”
The brand plans to scale the jewellery catalogue to 600–700 SKUs by March, with 80–90 per cent of offerings priced between ₹800 and ₹2,000. Libas crossed ₹1,000 crore ARR in March 2026. Libas reported revenue of ₹609.1 crore in FY25, up from ₹486.5 crore in FY24.
The company launched the category with around 15–20 styles under its Festive Edit, bringing forward its original launch timeline to gauge consumer preferences during the festive period. It plans to expand the catalogue to 600–700 stock-keeping units (SKUs) by March, with earrings, necklaces and bracelets among the categories it intends to offer.
Around 80–90 per cent of the jewellery catalogue will be priced between ₹800 and ₹2,000, with the company identifying ₹1,000–₹1,500 as a sweet spot for online shoppers. A separate Wedding Edit featuring heavier pieces for larger occasions is planned by December.
Published on October 13, 2026
