Kishore Biyani’s Future Group is all set to bring another foreign brand Replay into India next month. The group will launch 2 standalone stores for the Italian denimwear brand.
The 2,000-square feet stores will be opened in Delhi followed by stores in Mumbai and Bangalore, Rakesh Biyani, CEO of Future Retail, said.
The group has signed an agreement with the $500 million Fashion Box, the company which owns Replay, to be the distribution franchisee in India. Replay will start at around ¤ 50 and compete with brands such as Diesel in the Indian market. Future plans to spend Rs 3 crore on each store and is planning 12 standalone stores in three years.
No comments yet.