Go Colors pilots 2,000 sq ft full-apparel stores with menswear in Uniqlo-inspired growth reset

After FY26 revenue slipped 1.2% to ₹838 cr and SSSG turned negative at -3.4%, Go Fashion is testing 15-20 larger stores carrying menswear and broader apparel. Chennai pilot already sees menswear at 13-14% share. Leggings have shrunk to 25% of bottomwear from 50% pre-pandemic, forcing the category-killer to broaden beyond its core.

— Source publishedTue, 2 Jun, 2026, 09:00 IST·First seen Tue, 2 Jun, 2026, 09:05 IST·Source Mint · Companies

What happened

Go Colors is piloting larger 2,000 sq ft full-apparel stores including menswear across 15-20 outlets, inspired by Uniqlo and Westside, to revive growth after

Key facts

  • 2,000 sq ft store
  • 15-20 pilot stores
  • 13-14% menswear share at Chennai pilot
  • SSSG -2.6% Q4FY26
  • SSSG -3.4% FY26
  • revenue ₹838 cr FY26 (-1.2%)
  • net profit ₹59 cr (-36.6%)
  • operating cash flow ₹165 cr
  • 802 EBOs across 195 cities
  • 2,500+ LFS
  • 73% sales from EBOs
  • leggings 25% of bottomwear vs 50% pre-pandemic
  • stock down ~60% YoY

Why this matters

Go Fashion's weakened position and identity reset open a window for strategic partnerships, licensing tie-ups, or even consolidation talks with broader apparel platforms seeking women's bottomwear depth.

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