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India, the second most attractive market for global retail brands to expand

Related Keywords: Arvind Retail, Foreign direct investment, global retailers to expand in after China, India one of the corner stones of BRIC, India second most attractive market, Indian market, largest textile maker, plans to expand global brands, sees sales growth topping, sells foreign labels

Arvind Retail Ltd, largest textile maker in India that sells foreign labels, after seeing sales growth topping its own expectations, now plans to accelerate expansion for the global brands in the Indian market. Arvind sells global brand such as Tommy Hilfiger, Nautica and Ed Hardy. In the year ended 31 March it added four more brands to its portfolio - GAP, Aeropostale, Sephora and The Children’s Place (TCP).

Apparel brand US Polo crosses Rs 1,000cr India sales mark in FY16

Related Keywords: Apparel brand US Polo after less than five years having entered India, Arvind Retail, fiscal ending March, grow its retail business, holds licence to sell the brand, managed to cross one thousand crore India sales mark, next few years, opened the first US Polo store in India, plans to open one US Polo store every week

Apparel brand US Polo after less than five years having entered India has managed to cross Rs 1,000-crore India sales mark in the fiscal ending March 31. US Polo's fast paced sales puts it in the same league as Zara, which became the biggest apparel brand in India within four years of setting up shop, according to a top executive of the company.

Zara now clocks over Rs 1,000 crore in retail sales here. In comparison, brands such as Louis Phillipe, Van Heusen and Benetton had taken nearly a decade to reach this mark.

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