Future Lifestyle to see strong expansion in FY19

Future Retail to see 20% revenue growth in FY19 and will see a double digit same-store sales growth, said Rakesh Biyani, director of Future Lifestyle.

The Q4 was an aberration, it was impacted by calendar shifting of sale season, said Biyani.

“The business is in good track, there is tremendous expansion scope, there are many centres which are now opening and brand factory that is unexplored, significant expansion strategy is happening,” he said.

On retail front, he said the company has big plans for retail 3.0 rollout on Future Retail.