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Source: media reports

Piquadro to roll out 16 stores by 2013

Piquadro to roll out 16 stores by 2013
PTI
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First Published: Thu, Dec 25 2008. 01 01 PM IST
Updated: Thu, Dec 25 2008. 01 01 PM IST
New Delhi: Italian travel items and lifestyle brand Piquadro, which had recently opened a store in the capital, mulls setting up 15 such showrooms by 2012-13, eyeing the Rs800 crore Indian branded luggage market.
The $40 million company is seeking at tapping the corporate and fashion gifts market and has set up a 51:49 joint venture (JV) with DLF Group’s retail management arm DLF Brands for expansion in India.
The company is targeting the premium segment customer in the metros and Tier I cities.
The company is setting up its second store in February 2009 in Delhi before venturing into other metros.
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First Published: Thu, Dec 25 2008. 01 01 PM IST
More Topics: Retail | Piquadro | DLF | Lifestyle | Travel |