Sabyasachi targets fragrances, leather goods and footwear as it builds new Kolkata capacity

Sabyasachi is expanding beyond apparel and jewellery into fragrances, small leather goods and, eventually, women’s and men’s footwear. Its first fragrance is planned within 18 months, alongside investment in Kolkata manufacturing and growth in eyewear and international ready-to-wear.

— Source published Sat, 22 Aug, 2026, 00:15 IST · First seen Sat, 22 Aug, 2026, 00:31 IST · Source ET Small Business

What happened

Sabyasachi plans to expand into fragrances, small leather goods and eventually women’s and men’s footwear, while scaling eyewear and international

Key facts

  • ₹650 crore revenue in FY2026
  • First fragrance planned within 18 months
  • Jewellery is 33% of turnover, around ₹200 crore
  • Accessories expected to cross ₹100 crore this year
  • Retail operations in six cities

Why this matters

Sabyasachi is building a broader luxury platform, making fragrance expertise, leather manufacturing, footwear capabilities and global distribution partnerships strategically relevant targets.

What to watch

  • Announcement of a fragrance licensing, formulation or distribution partner versus fully controlled in-house production.
  • Capital expenditure, hiring and supplier additions tied to Kolkata leather, footwear or beauty manufacturing.
  • Fragrance price architecture, bottle size, refill strategy and launch channels.
  • Whether small leather goods launch before footwear and how strongly they are tied to signature Sabyasachi visual codes.
  • New international ready-to-wear doors, travel retail placements or overseas flagship openings.
  • Changes in average transaction value, repeat purchase behavior and category mix at existing boutiques.
  • Evidence of secondary-market demand, waitlists or product scarcity in accessories versus promotional discounting.
  • Build a fragrance platform around distinctive Indian scent narratives, with premium packaging and controlled distribution rather than broad mass-premium placement.
  • Use small leather goods as the main acquisition category, linking motifs, colors and hardware directly to jewellery and apparel collections.
  • Phase footwear after leather-goods supply chains, fit expertise and after-sales repair capabilities are established.
  • Expand Kolkata manufacturing into a visible provenance asset through atelier storytelling, limited production runs and craftsmanship-led clienteling.
  • Create cross-category private-client assortments for wedding wardrobes, gifting and international diaspora customers.
  • Prioritize flagship stores, selective global wholesale partners and high-end digital clienteling over rapid store-network expansion.