Esprit, Armani supplier to enter fashion retail in India

EspritCrew B. O. S. Products has announced that it is going to enter to the retail market of India. Crew B. O. S. is a leading supplier of leather and fashion accessories to some of the most popular global brands. Brands like Esprit, Armani, Tesco, GAP and Chico's are in the supplier list of Crew B. O. S.

That means it is going to propel the retail boom in the country. The Delhi-based firm is now having a net worth of around Rs 350-crore and one of the major exporter of the world retail industries.

It has decided to come up with a wholly-owned subsidiary named Crew Republica Retail in India. Director of the firm, Mr. Tarun Joshi has informed that the outlets are going to open soon in the country. Initially it will be selling branded bags, leather shoes, belts and some other fashion accessories in metros.

After that it will concentrate on the rest of the country. The company is expected to invest around Rs 80 crore to set up exclusive shops in metros like Delhi, Mumbai and Bangalore.