Skechers to increase presence in India
24/05/2016
“This year we plan to add 50 stores, taking out count to 100,” Skechers South Asia CEO Rahul Vira told local media. “We plan to have a healthy mix of own stores and franchise-owned (stores) and going forward the (number of) franchise business would be slightly on the higher side,” he added.
The company, which already sells footwear in the country, also intends to launch its apparel and accessories collection in the country next year.
“We are evaluating apparel and accessories and hopefully we should be able to bring these product lines soon for our customers, probably next year,” Mr Vira said.
According to Mr Vira, the setting up of a manufacturing unit in India is in the Skechers “mid- to long-term plan” with a target of “three to five years” should the company continue to see success in this market.
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