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Archies' fashion accessories & gifts retail store coming soon

21
Dec '05
Delhi-based based greetings & gift products company Archies Ltd informed that the company would launch a new chain of retail stores, Stupid Cupid, for fashion accessories and premium gifts.

The new retail stores' chain will provide another choice to its prospective customers.

The company would be opening 5 stores by the end of this financial year and another 10 stores in the next financial year, it said.

Initially, the stores would be opened in Delhi and NCR and thereafter it will open such stores in Mumbai, Kolkata, Bangalore and other metros.

It has recently tied up exclusively with the UK-based stuffed toys & gift company "Russ" and Italian company "Florence" for limited edition of their porcelain figurines, it added.

Archies Limited is in the business of manufacturing and selling greeting cards and other social expression products like gifts and posters. The company, which owns 55 stores at present, has another 133 stores in pipeline, it said.

These would be opened in a phased manner over next two years as the company has already booked the retail space for these 133 stores in upcoming shopping malls across the country, it said.

The Economics Times


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