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Reliance-Backed Zivame to Open 60-80 Stores in Tier-2 And Tier-3 Cities

Written by: Team Angel OneUpdated on: 18 Feb 2026, 7:58 pm IST
Zivame plans 60-80 franchise stores in smaller cities over next year; turns profitable and eyes Southeast Asia entry.
Reliance-Backed Zivame to Open 60-80 Stores in Tier-2 And Tier-3 Cities
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Zivame is preparing for its next phase of expansion by increasing its presence in smaller Indian cities through a franchise-led retail model, as per Reuters. 

Domestic Expansion Strategy 

The lingerie retailer, backed by Reliance Industries since 2021, intends to launch 60 to 80 new franchise-operated stores over the next year. The expansion will primarily target tier-2 and tier-3 cities, where consumer demand is increasingly aligning with metro trends. 

Founded in 2011 as an online-only brand, Zivame now operates 174 exclusive brand outlets across India. Chief Operating Officer Kiruba Devi stated that growth in smaller cities is being supported by rising social media influence and evolving purchasing behaviour.  

She added that the company turned profitable in the previous quarter but did not disclose further financial details as it operates under a listed entity. 

Overseas Plans and Product Diversification 

Zivame is also evaluating international growth through franchise partnerships. The brand is already available online in the United States via Amazon and in the United Arab Emirates and Saudi Arabia through local partners. 

Devi said, “Southeast Asia would be the right place for us to immediately pitch in,” noting that discussions are underway and a store could open in the region by the end of next year. 

Originally launched as an online lingerie aggregator, the company has expanded into shapewear, activewear, and loungewear. It is also planning to pilot an entry into kidswear, though details remain limited. 

Read More: Reliance Retail to Test Multi-Channel Search and Discovery Platform! 

Conclusion 

With 174 stores currently operational and plans to add up to 80 more outlets in smaller cities, Zivame is positioning tier-2 and tier-3 markets as key growth drivers while exploring franchise-led expansion overseas. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Feb 18, 2026, 2:28 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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