Known as the fashion power house of North India, the Kapsons Group has been around since 1989. Having created a stronghold as a leading distributor and retailer in the region, it now aspires to become a national player. Kapsons is co-founded by brothers Vipin and Darpan Kapoor. The group is credited for bringing in nearly 200 national and global lifestyle brands to North India.
With total retail area of 3,53,140 sq. ft., the group as of now operates 176 stores
(own and franchised) in 41 cities, of which 39 are MBOS and the rest 137 are EBOS. Beginning from Kapsons family store, an MBO for men, women and kids, the company has launched other MBO formats that include Kapkids (kids centric store), and Krome (targeted at Tier-ii & III towns). Kapsons’ current retail network mainly extends over Panjab, Haryana, Himachal Pradesh and J&K. In FY 2014-15, its retail turnover reached ₹452 crore. Gradually, it is making inroads into other parts of the country too.
Acknowledging the growing influence of e-commerce, Kapsons too has come up with its own online store which is a mirror replica of its physical stores. Same season, same brands are offered simultaneously in both models. “However, the brick and mortar model shall remain our focus area,” Vice Chairman Kapson, Darpan Kapoor says. Elucidating Kapsons’ expansion plans, he says, “We’re looking forward to expanding our legacy at national level. Apart from company owned stores, we plan to extend our retail presence mainly via franchising.”