Relaxo to open over 100 outlets, foray into accessories

Footwear leader Relaxo announces its plans to more than double its outlets in the country in the next two and half years and increase turnover of the retail division by almost five fold to Rs 100 crore. The company is also looking to move beyond footwear into apparels and accessories. Their focus would be on extending an exclusive chain in the western and southern states targeting to have 200 exclusive Relaxo outlets across India by March 2012, from 88 currently.