Arvind Brands will open 25 Calvin Klein standalone innerwear outlets in three years as it sees the category growing by 25-30 percent annually.
Arvind Brands, which bagged rights to market Calvin Klein products in India in March last year, will also launch Calvin Klein’s formal and casual wear by mid-2016.
"We plan to open 20-25 standalone Calvin Klein underwear outlets in three years. Underwear category in India is pegged at USD1.2 billion and we expect the segment to grow by 25-30 percent for the next few years," Arvind Lifestyle Brands Managing Director J Suresh told PTI.
(Source: Business Standard )