London based Brand Pepe Jeans looking for expansion in India. where they target to open more than double its present store operations from 200 up to 500 stores.
Lebanese group M1 and LVMH subsidiary L Capital Asia is looking to increase sales in the next three year for Pepe Jeans with the store expansion and launching new categories such as footwear and Kidswear.
Expansion sites are focused at both metro cities and developing tire II & III urban communities with the focus on more premium monobrand units on an franchise model.
The brand is expacted INR1,400 crore-INR,500 crore by FY 2018-19; even in the last three years we have multiplied our turnover,” Pepe Jeans India CEO Kavindra Mishra said PTI.
Other than its own stores, its product range are likewise accessible through 700 multi-brand stores and online
through channel partner, for example, Myntra and Jabong.
“There are new product catogories like shoes, sun glasses and kidswear that we are including,” Mishra said.he also
added that the first kidswear store will open next year
Pepe Jeans London is a denim and easygoing casual wear jeans brand built up in the Portobello Road range of
London in 1973, and situated in Sant Feliu de Llobregat, Spain.
Apart from this, there are many Apparel Franchise who offer franchise opportunities in India.