Situated in Reach3Roads, RedTape’s new store is strategically positioned, enhancing its appeal to both brands and consumers alike.
New Delhi: Fashion and lifestyle brand RedTape launched its new outlet at Reach 3Roads mall in Gurugram.
“We are delighted to welcome RedTape at Reach 3Roads. Our goal is to offer our customers a superior shopping experience and adding RedTape’s new store reaffirms that commitment,” said Nandini Taneja, Regional Director- Leasing, Reach Group.
Arvind Verma, Director, RedTape Ltd. further emphasized the importance of customer engagement: “At RedTape, we believe in creating not just a store, but an experience. Our team is dedicated to ensuring that every customer feels valued and finds exactly what they need,” he said.
“The dynamic location of 3Roads aligns perfectly with our brand’s ethos of providing stylish & trendy footwear and apparel for the modern Indian consumer,” he added further.
Founded in 1996, RedTape forayed into the apparel sector and unveiled a men’s clothing and accessories line. The company completed a spin-off of its branded business, RedTape Ltd., transforming it into an independent entity listed on the BSE and NSE.
The company’s net profit in the financial year 2024 was Rs 176.24 crore, rose 23.98% from Rs 142.15 crore in the previous year ended March 2023.
Headquartered in Kanpur, Uttar Pradesh, the company also has a strong presence in the branded segment through three brands: RedTape, Oak Trak, and RedTape Gal, in addition to direct sales to global footwear retailers.
The Reach Group is a real estate development firm with retail, residential and commercial projects spread over 2 million sq. ft. in Gurugram.
