US-based premium footwear brand Crocs has said it will double the number of exclusive stores in India this year and also enter into licensing agreements for accessories, which will be launched shortly.
The Nasdaq-listed company, which entered the Indian market in 2007 under a joint venture with Chogori Footwear, also said it is looking to increase its presence in the multi- brand outlets with an eye to tap the small town market.
"Right now we have 21 stores. We should have about 40 stores by the year-end," Crocs vice-president for India, Middle East and Africa Florent Andre Bailly told PTI.
(Source: Business Standard )