Home / All / Garment & fashion / Italian luxury kidswear brand Monnalisa to enter Indian market
Italian luxury kidswear

Italian luxury kidswear brand Monnalisa to enter Indian market

Italian luxury kidswear brand Monnalisa will enter India later this year taking a franchise route with its first store in Delhi in September, according to Venus Barak, CEO of international market entry advisory firm FranGlobal, which is representing the brand in India. The brand plans to open seven stores in India in top metro cities in the next five years.

Monnalisa has signed a contract with FranGlobal for expanding in Delhi-National Capital Region, Mumbai, Bangalore and Kolkata with total deal size of more than €4 million, Barak told a news agency.

FranGlobal has appointed PDM University as the master franchisee for Monnalisa in India. The products will be fully imported and sold in India.

Monnalisa had unsuccessfully tried to enter the Indian market in 2006.

 

+ Middle East Textile Journal

Send us article and press release to : info@kohanjournal.com

Sign up for our FREE newsletter :

Registration

About Kohan Journal

Kohan Textile Journal is the leading magazine for the Textile industry, Textile machinery, Synthetic Fibers and Nonwovens in MENA region (the Middle East and North Africa) and is published every two months. It basically emphasizes on textile machinery, textile products, carpet and synthetic fibres distributed among the factories, manufacturers, and traders of floorcovering industries.l

Check Also

Turkish Clothes' Prices to Soar 20 Percent in Jordan

Turkish Clothes’ Prices to Soar 20 Percent in Jordan

The trade agreement between Jordan and Turkey was ongoing for eight years from 2011 to …

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected!!