Stanley Lifestyles, headquartered in Bengaluru, is a prominent player in the super-premium and luxury furniture sector, strategically planning to enhance its luxury arm, Stanley Level Next. The company recently inaugurated an experience center in Bengaluru and has ambitious expansion plans for additional centers in Cochin, Hyderabad, Mumbai, and Delhi.
Distinguished by its three verticals - Stanley Level Next, Stanley Boutique, and Sofas & More, the company anticipates significant traction in the premium and luxury segments. Beyond furniture, Stanley aspires to redefine itself as a comprehensive home solutions provider, offering architectural and interior design services to meet the evolving needs of consumers.
In addition to its strong presence in the domestic market, Stanley Lifestyles envisions expanding its footprint to international markets, particularly in the Middle East and Southeast Asia. Having achieved close to Rs 500 crore in revenue through organic growth, the company sets an ambitious target of reaching Rs 1,000 crore by 2027 or 2028.
Currently operating 63 retail outlets across 24 cities, Stanley aims to further amplify its reach by establishing 100 stores within the next two and a half years. This expansion aligns with the company's strategic objective of becoming a leading player in the luxury home solutions market. The shifting trend from budget housing to premiumization, indicative of changing consumer preferences, underscores the growing demand for superior homes and furnishings.
News by Rahul Yelligetti