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Italian apparel brand Pinellii to enter Indian market
12 Apr '12
1 min read
Pinellii, the clothing brand that represents affordable luxury and the best of Italian fashion, has entered into an agreement with India-based Berkeley Retails Limited.
As per the deal, the Chandigarh-based Berkeley Retails will manufacture and retail Pinellii apparel and accessories in the Indian market as well as all across Asia.
During current financial year 2012-13, Berkeley plans to invest Rs. 1 billion for opening 75 Pinellii stores.
Initially, the company will unveil seven outlets in north India, including Chandigarh. Eventually, Berkeley plans to expand to all major metro cities in India.
As per the deal, the Chandigarh-based Berkeley Retails will manufacture and retail Pinellii apparel and accessories in the Indian market as well as all across Asia.
During current financial year 2012-13, Berkeley plans to invest Rs. 1 billion for opening 75 Pinellii stores.
Initially, the company will unveil seven outlets in north India, including Chandigarh. Eventually, Berkeley plans to expand to all major metro cities in India.
Fibre2fashion News Desk - India
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