Denmark-based fashion house Bestseller which is the owner of Jack & Jones and Vero Moda is all set to call off its four-year franchising relationship with its local partner -businessman Prashant Aggarwal.
The overseas player has questioned the way the Indian partner handled its marquee brands in the country. If sources are to be believed, Bestseller officials were upset with a few real estate deals that went wrong and impacted their bottom-line severely.
Apparently, Bestseller is in talks with other Indian companies for a tie up for all three of its brands, highlight media rep
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