Crew BOS Products, engaged in the business of manufacturing and exporting fashion accessories and home decoration products, has decided to mark its big presence in Indian retail market.
The Rs 350-crore exporter, supplies its products to international brands such as Esprit, Armani, Tesco, GAP and Chico.
To start with, it will open stores selling branded bags, leather shoes, belts and some other fashion accessories in metros.
Tarun Joshi, director of the Delhi-based firm, said that the company will invest around Rs 80 crore to set up exclusive shops in Mumbai, Delhi and Bangalore.
Joshi who will head the initiative added that the idea is to establish already popular name in the international market into a global brand.
He said the company would leverage its expertise in manufacturing products for most of the renowned global brands.
Crew BOS supplies fashion accessories and home decoration products made from fabrics, leather, metal and wood to brands such as Next PLC, Esprit, Armani Exchange, Zara, Massimo Dutti, Tesco and H&M in Europe and GAP, Banana Republic, Old Navy, Chico’s and Fossil in the US.