Clarks Future Footwear plans to double stores in India

Clarks Future Footwear Ltd, a 50:50 joint venture between Future Group’s Future Lifestyle Fashions Ltd and UK-based footwear company C&J Clark International, plans to take its store strength to 100 over the next two years as demand grows for premium footwear brands. The joint venture, which expects revenue to touch £20 million this fiscal, recently opened its 51st store in India. The partnership with Future Group is the strongest the company has anywhere in the world. Gradual opening of such high-end stores in the country signals a new business opportunity for the signage companies dealing in in-shop branding, displays and related activities.