Ilex-London to open 10 stores in India

International accessories brand Ilex-London is planning to invest around Rs five crore over the next five years to open 10 exclusive stores in India. Ilex began Indian operations from Kolkata earlier this year. Its bouquet includes totes, handheld grabs, cross body satchels, day-to-evening clutches and small leather goods such as purses, wallets, belts and iPad covers. Ilex, founded in 1993 in London, is a British brand, which is currently available across eight countries including England, Austria, Germany and Russia. Now is the right time for signage players to tap new business opportunities through all such surge witnessing in the retail sector.