Home / Knowledge / News / Apparel/Garments / Spanish apparel retailer stitches plans to enter India
Spanish apparel retailer stitches plans to enter India
06
May '13
Several global players in the fashion and apparel retail sector, including Tesco, IKEA, Walmart and Hennes & Mauritz group (H&M), are planning to expand their business to India through the foreign direct investment route.

Recently, Spain-based Inditex, one of the world’s largest apparel retailers, has filed an application to the Foreign Investment Promotion Board (FIPB) to open Massimo Dutti stores across India through a joint venture with Tata group.

“We have filed an application to develop Massimo Dutti stores in India through a joint venture with Tata group,” the spokesperson of Inditex told fibre2fashion.

Earlier in 2011, the apparel retailer had submitted an application to enter the Indian market with Massimo Dutti, through a joint venture with Tata Group, wherein Inditex will hold 51 percent stake. However, the proposal was rejected by the FIPB without citing any reason.

Inditex has more than 6,000 stores in 86 markets worldwide and owns brands like Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe.

Massimo Dutti offers a wide variety of collections, ranging from sophisticated high-end fashion to easygoing casual wear. Its 630 stores in 60 countries share a universal design which transcends national borders to connect with today's men and women, who are independent, urban and cosmopolitan.

Trent Limited is an India-based company engaged in the retailing business. The company operates in two business segments: retailing and services related to retailing, distribution, consultancy services.   

Fibre2fashion News Desk - India


Must ReadView All

Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the MoU. Courtesy: Serbian Government/SeeNews

Textiles | On 20th Oct 2017

Turkish group Taypa to build textile factory in Serbia

Turkish textile group Taypa will invest euro 35 million ($41.2...

China’s textile & apparel exports rise 4.3% in Sept ’17

Textiles | On 20th Oct 2017

China’s textile & apparel exports rise 4.3% in Sept ’17

Registering an increase of 4.3 per cent year-on-year, the exports of...

Courtesy: Messe Frankfurt

Textiles | On 20th Oct 2017

Heimtextil to focus on textile solutions for architects

Heimtextil 2018, world's leading trade fair for home and contract...

Interviews View All

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search