Neeman’s Plans 500 Exclusive Stores and ₹1,000 Crore Revenue by FY30

The Expansion

Footwear brand Neeman's plans to grow from around 50 outlets to 500 exclusive stores and reach ₹1,000 crore in revenue by FY30, ETRetail reported on 23 October 2026.

Key Facts

• Pace: Five to 10 new stores each month, or 50–100 a year.

• Model: Mainly company-owned, company-operated; franchise pilots will continue.

• Revenue path: ₹185 crore in FY26, about ₹350 crore expected this fiscal, ₹500 crore in FY28 and ₹750 crore in FY29.

• Retail share: Physical retail expected to contribute about 40% of revenue in three years.

Why It Matters

The plan reflects D2C brands building physical retail, with franchising being tested alongside company-owned growth.

Source: ETRetail, 23 Oct 2026.