Hotline: 1800 102 2007
Hotline: 1800 102 2007
Oct, 01 2012

Arvind Lifestyle to retail international brands

Arvind Lifestyle Brands, a subsidiary of Arvind Limited, has acquired franchise rights of international brands namely Debenhams, Next and Nautica from Planet Retail.

Arvind Lifestyle to retail international brands

Arvind Lifestyle Brands, a subsidiary of Arvind Limited, has acquired franchise rights of international brands namely Debenhams, Next and Nautica from Planet Retail. Acquisition of Debenhams marks Arvind’s entry into the ‘bridge to luxury department store’ market. The company is targeting to increase the number of brand's stores in India from two to eight in the next three years. While with the re-launch of Next, the company will enter the segment of apparel speciality retail, it is also looking to increase the number of Next stores from three to 12 in the next three years. While the partnership with Nautica will strengthen Arvind’s position in the casual and sportswear segment, it’s noteworthy that Arvind is the India licensee for only sportwear from Nautica. It will buy other products like perfumes and watches from other licensees to sell at Nautica stores.

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