Recode Studios, a retail brand opened its 10th store in Ludhiana. This expansion represents an initial investment of Rs 1.5 million.
The newly unveiled Ludhiana store spans an impressive 230 sq ft, slightly surpassing the brand’s average store size of approximately 200 sq ft. Recode Studios aims to open an additional 10 stores within this fiscal year, setting its sights on achieving a revenue of Rs 50 crore by FY24.
Dheeraj Bansal, Co-Founder of Recode Studios said, “Recode Studios has always been about making beauty accessible to everyone. Our journey, from a humble startup to the inauguration of our 10th store in Ludhiana, underscores the trust and affection our customers have bestowed upon us. We are excited to introduce our unique approach to makeup and skincare to Ludhiana, offering a shopping experience that seamlessly blends quality and affordability.”
