Hotline: 1800 102 2007
Hotline: 1800 102 2007
Oct, 03 2012

Fila to expand its India presence

Sportswear maker Fila has announced an extension of its license agreement with Cravatex for another 30 years in India.

Fila to expand its India presence

Sportswear maker Fila has announced an extension of its license agreement with Cravatex for another 30 years in India. The extension with Cravatex would see the brand invest and launch exclusive Fila stores. Until now, the brand’s presence has been largely in wholesale and shop-in-shop formats and retail stores. Fila plans to open 60 new exclusive stores by 2014 through a mix of ownership and franchise model. Currently, the brand operates 40 stores in India and the new openings will take the count to 100 exclusive stores in the next two years. Also, in addition to its core focus footwear segment, which is 60-65 per cent today, the company has decided to focus on its apparel range as well. Fila entered India three years ago. Originally an Italian and now a Korean brand, Fila has five per cent share in India’s Rs 2,000 crore sportswear market. The brand is aiming to almost double its current market share by 2015.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: "SHISHURANJAN" is one of the oldest Toy sellers of all..
    Locations looking for expansion Rajasthan
    Establishment year 1975
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • About Us: Cinste Ventures is an umbrella organization that helps new..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10000 - 50 K
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Repair Services
    About Us: Fisixworld offers world-class mobile repair services, which lets you..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Consumer Electronics
    About Us: INDIA’S LEADING CONSUMER ELECTRONICS BRAND Launched in 2016, TAGG (Technologically..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities