Retail in Asia

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India’s Berkley teams up with Italy’s Pinellii, to open 75 stores in 2012-13

Italian lifestyle fashion brand Pinellii has forged hand with Chandigarh-based player Berkeley Retails Limited to retail their lifestyle and accessory products in Indian market.

Under the agreement, Pinellii has given the licence to Chandigarh-based Berkley retail to manufacture and retail Pinellii products, not only in Indian market but across Asian market. Sanjay Dahuja, MD, Berkely Retails Limited, said the company plans to invest INR100 crore (INR1 billion, USD19.4 million) for opening 75 stores in the year 2012-13.