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Our read
COMET is likely to move on to a seventh city rather than deepen Chennai first.
For operators
Sneaker and streetwear rivals in Chennai now face COMET's experience-store format at Express Avenue, which opened on 10 October 2026 and matches the format it already runs in Bengaluru, Delhi, Mumbai, Pune and Hyderabad.
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A seventh COMET city announced within a year of the 10 October 2026 Chennai opening would mean Chennai is working and mall landlords elsewhere face a faster tenant.
The report: COMET opens first Chennai store at Express Avenue, adding a sixth city to its sneaker and streetwear footprint
COMET, which already runs experience stores in Bengaluru, Delhi, Mumbai, Pune and Hyderabad, opened the Chennai outlet on 10 Oct 2026. The sneaker and streetwear brand is expanding in a market IMARC values at USD 22.67 billion in 2026.
up 9.7% CAGR
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Store and format facts
From the report. Source details below
| India footwear market projected by 2034: | USD 47.53 billion |
|---|---|
| Footwear market CAGR 2026-2034: | 9.7% |
| COMET existing experience store cities: | 5 |
What it means for the format
COMET's store-led rollout now covers six cities, which makes it a name to track as a partnership or acquisition candidate, though the signal discloses no store-level or financial data to support a valuation view.
Next on the rollout
- COMET announcing a second Chennai or another additional store in an existing city
- Exclusive product drops or collaborations tied to the Chennai store
- Rival sneaker and streetwear chains opening or promoting in Chennai malls
- Any COMET disclosure on Chennai sales, footfall or repeat buyers
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- COMET is likely to run launch events, product drops and community activations at Express Avenue to build early Chennai footfall.
- Expect COMET to name a seventh city once Chennai's early trading is clear, probably another large metro rather than a small town.
- COMET may extend Chennai awareness through its online channel and local streetwear and sneaker communities before a second Chennai site.
- Rival sneaker and streetwear retailers may sharpen their Chennai offers, through drops or promotions, as a new specialist enters the city.
- Mall landlords in other metros are likely to court COMET for experience-store space, given its six-city presence.
The source
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