Home / Knowledge / News / Apparel/Garments / Lacoste taps into travel retail potential of India
Lacoste taps into travel retail potential of India
05
Oct '15
Lacoste, the premium French brand, is planning to tap the potential of travel retail in India by opening more outlets at airports in key cities of India, as per media reports.

Lacoste is expected to open eight new retail outlets, out of which two will be situated at Mumbai and Hyderabad domestic airports. The company already has a retail outlet at Bangalore airport, and it next plans to open such stores at Delhi and Kochi airports.

The company will sell fast moving products such as T-shirts and accessories and expects total sales of more than 6 per cent from its airport retail stores from the next financial year.

In July this year, as a result of facing slower sales in 2014 and witnessing the growing online shopping trend in India, the French retailer had announced the launch of a website in 2016 to sell its products online. The company also plans to pace up the process of adding more outlets in India in the beginning of next year.

Lacoste, a symbol of relaxed elegance since 1933 is built on its genuine sporting roots and offers a unique and original universe through a wide range of products for men, women and children. (HO)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Textiles | On 8th Dec 2016

R&D is key to textile industry’s growth: Kavita Gupta

Research and development is the key to the growth of the textiles...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search