Retail in Asia

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Lacoste to add 10 new stores in 2014 in India

French luxury brand Lacoste plans to increase its retail network up to 55 points of sales by the end of this fiscal with a focus on secondary markets and aims to double its turnover in next four years.

Lacoste would continue to add 10 doors of sales every year, said Lacoste India Director & CEO Rajesh Jain.

"Our target is to have up to 55 points of sales in this fiscal year in India. Most of them would come in the tier two cities which are witnessing very good retail growth," Jain told PTI.