TIWN
Bengaluru, Feb 11 (TIWN) Lenovo on Wednesday said that the company will open 100 new "Lenovo Exclusive Stores" (LES) in India in the financial year 2021-2022.
This comes as an addition to their recent opening of the 400th Lenovo Exclusive Store in Bengaluru as part of its effort to continue offline retail expansion during the pandemic.
"With the consumer business growing at a rapid pace of 45 per cent YoY in Lenovo in FY 2021, it was imperative to continue our offline retail expansion to reach customers to cater to their Learn From Home and Work From Home needs," Rahul Agarwal, Managing Director and CEO, Lenovo India, said in a statement.
"We are delighted to share that in FY 2021, we opened 100 LES, and with our 400th LES in Bengaluru, our offline footprint has reached 10,000 and our revenue contribution for the consumer business is around 18-20 percent.
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