R for Rabbit, A Baby Products Brand Eyes Expansion in Middle-East

D2C baby product brand, R for Rabbit, is expanding its business to the middle-east, forming a Distribution agreement with global fashion and lifestyle brand conglomerate Apparel Group. The company will be seeking a 10% growth in the revenue from this expansion. Middle-east is one of the biggest markets and is considered the most happening market, possessing multiple opportunities for a...

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May 4, 2022 • 12:46 PM
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R for Rabbit, A Baby Products Brand Eyes Expansion in Middle-East
“R for Rabbit, A Baby Products Brand Eyes Expansion in Middle-East”
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4 May 2022
https://www.dailyoutluk.com/r-for-rabbit-a-baby-products-brand-eyes-expansion-in-middle-east
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R for Rabbit, A Baby Products Brand Eyes Expansion in Middle-East

D2C baby product brand, R for Rabbit, is expanding its business to the middle-east, forming a Distribution agreement with global fashion and lifestyle brand conglomerate Apparel Group. The company will be seeking a 10% growth in the revenue from this expansion.

Middle-east is one of the biggest markets and is considered the most happening market, possessing multiple opportunities for a brand to strengthen its global presence. The major factors driving the expansion in Middle East Asia (MEA) are the rise in government investment, growth in technology and population, and the increasing need for industrial development.

The company's current revenue run rate is around INR 100 crore, and the company expects to double its revenue in the span of 3 to 5 years. With this expansion, the company is also looking to create broader brand awareness amongst its consumers overseas and seek over 10% sales within a year.

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