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Arvind to spend huge to open 50 stores across in five years

Arvind, one of the leading textile majors in the country, is now planning to bag Rs 500 cr turnover through franchise routes. The company, which has entered into franchise agreement with The Children’s Place, will invest Rs 150 crore to open 50 stores of the US brand across the country in five years.  To Arvind, the Indian kidswear market has a huge opportunity. Right now it is fragmented and dominated by local players and the company wants to be a dominant player in kidswear space. Such big boom plan of the company will bring in a fresh business opportunity for the signage companies whose activities involve in in-shop designs, displays and related activities

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