Mothercare finds India growing high
Seeing huge potential of the country’s market of products for newborns, 50-year-old UK-based Mothercare has decided to open exclusive retail stores in the country under its joint venture with DLF’s retail management firm DLF Brands. Mothercare which offers apparel, toys and equipment for infants and children, operates in 50 countries through 1,100 stores worldwide. The company believes that India is a major growth engine. Foray of the retail giant into India will benefit signage players, such as in-store media majors and signage suppliers.