Pavers England Footprints Limited, a venture from London based Pavers Foresight
Pavers England Footprints Limited, a venture from London based Pavers Foresight Smart Ventures and Chennai based Forward Group, unveiled its first exclusive store at the departure terminal of Domestic Airport in Chennai. The store is a franchised and through the franchise arrangement, Pavers England provides every franchise partner training in front end training spanning retailing, visual merchandising, CRM etc., both in UK and India to maintain the high standards set by the brand in the European markets. Pavers England aims to establish 200 outlets with 10 flag ship franchises by end of 2009 with an average store size of 1000 sq. ft. The company is looking for individual outlets / retail groups with a track record in retailing and managing international lifestyle brands. The company plans to be present both in single brand and multi brand outlets. The management has earmarked an investment of US $ 10million of next three years to build the business and the brand and aim to cross sales of 150,000 pairs per annum by 2010. The brand is currently retailed through concessionaires which include Reliance Footprints, Lifestyle, Loft, Central, Kobler, Regal, Fairdeal, Wings and Heels across India.