Lacoste to expand in tier-II towns

French luxury brand Lacoste plans to enhance its retail network in the country by adding 10 stores every year. As part of that strategy, this overseas brand will set up stores in fast growing tier-II towns like Jaipur, Pune and Chandigarh.

Rajesh Jain, Director and CEO, Lacoste India, in a recent media interaction, said, “ Our target is to have up to 55 points of sales in this fiscal year in India, and most of the stores would be set up in fast growing tier-II towns.”

Lacoste India currently has 45 points of sales including one at Maldives.