Home / Knowledge / News / Apparel/Garments / Four clothing retail brands await FIPB-nod for India entry
Four clothing retail brands await FIPB-nod for India entry
07
Feb '13
Four global garment and home-textile brands are awaiting the approval from the Foreign Investment Promotion Board (FIPB) for setting up single-brand retail stores in India under its foreign direct investment (FDI) policy. 
 
The FIPB may take up the proposals of the French fashion brand ‘Pramod’, France-based home-textile brand 'Le Creuset', French sports brand 'Decathlon' and the US lifestyle retailer ‘Fossil Inc’, during its next meeting scheduled on February 13 2013, sources told PTI, Business Standard reported.
 
France-based fashion brand Pramod has proposed for an investment of Rs. 300 million and the US lifestyle brand Fossil Inc plans to invest Rs. 220 million in single-brand retail store, the source added.
 
The proposal of the global clothing brand Tommy Hilfiger for single-brand retail store in India is pending with the Department of Industrial Policy and Promotion.
 
Recently, FIPB has approved the proposal of US luxury garment retailer Brook Brothers for FDI in single-brand retail in India. 
 
The FIPB is a governing body that offers a single-window clearance for proposals on FDI in India that are not allowed for access through the automatic route.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 30th Apr 2016

Britain keen on new ventures in textiles and garment

British High Commissioner to India Sir Dominic Asquith, has said that ...

Apparel/Garments | On 30th Apr 2016

‘India’s apparel sector needs to revisit policies’

Apparel Export Promotion Council (AEPC)’s Additional Secretary...

Textiles | On 30th Apr 2016

Bangladesh spinners wary of another gas price hike

Bangladeshi cotton spinners have expressed concern that they may lose ...

Interviews View All

Mayyur Girotra
Mayyur Girotra

How is the market of luxury garments in India compared to that of Dubai...

Victor Chao
Esmetex

Could you describe the global market for sportswear? Which are the...

Avihay Feld
Browzwear Solutions

What are the new 3D technologies available in the market for apparel...

Dr. Rene Wollert
Freudenberg Nonwovens

<i><b>Dr. Rene Wollert</b> discusses the current scenario of the global...

Mr David Rousse
Association of Nonwoven Fabric Industry (INDA)

David Rousse is the new President of the Association of Nonwoven Fabric...

Marten Alkhagen
Swerea IVF AB

<b><i>Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
April 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


<%@ language="VBScript" %>
feedback
We would love to hear from you about your experience using the new interface. A quick review of yours would help us give you a better experience.
Advanced Search