OVS India Retail, the Indian arm of Italian fashion retailer OVS, plans to open four stores in 2027, taking its count to seven, and to reach 11 by the end of 2028, managing director Sundeep Chugh said in a recent interview. From 2029 it intends to speed up, targeting 25 to 40 stores over the following few years.

OVS entered India in 2025 and has three stores, the latest at R City Mall in Mumbai. Chugh said the first 18 to 24 months were meant for learning the market and building a physical presence before scaling.

3Stores todayLatest at R City Mall, Mumbai
7Stores by end of 2027Four openings next year
11Stores by end of 2028
25-40Store target from 2029Over the following few years, as the rollout speeds up

The OVS India store format

The brand has settled on stores of 8,000 to 12,000 sq ft, large enough to show the full range. Chugh said 90 to 95% of the global collection already suits Indian shoppers. The changes are limited: extra colours, women's dresses delivered in March rather than April for the Indian summer, more graphic T-shirts and shirts in menswear, and corrected sizing in men's shirts.

He also shared the store numbers it tracks:

₹5,500Average bill valueApproximate
₹1.8-2.2kAverage selling priceDepending on the season
2.5-2.8Items per basketAverage

Where it goes next

For the next three to four years OVS India will focus on malls in the country's top 20 markets, including Chennai, Surat, Pune and Chandigarh, before moving into tier-2 and tier-3 cities. Its own e-commerce site is due within six to nine months. At 25 to 40 stores, it expects physical retail to bring in around 85% of revenue and digital 12 to 15%.

A slow first phase with large stores puts the weight on productivity per store rather than store count. The bill value and basket size are the numbers to watch as the rollout speeds up.

Questions this story answers

How many stores will OVS open in India?

OVS India plans four more stores in 2027, reaching seven, and 11 by the end of 2028. From 2029 it aims to accelerate towards 25 to 40 stores over the following few years.

What store format is OVS using in India?

Large-format stores of 8,000 to 12,000 sq ft, mainly in malls in the top 20 markets at first. Managing director Sundeep Chugh says the size lets the brand show its full Italian range.

Will OVS India sell online?

Yes. OVS India plans to launch its own e-commerce website within six to nine months, and expects digital to contribute 12 to 15% of revenue once it has 25 to 40 stores.

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Srija

Correspondent, Stores & Consumer Brands. Srija covers store strategy, consumer brands and retail spaces for Retail Tribe.

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