S.Oliver India to pump in funds for retail expansion

S.Oliver India, the local arm of the German apparel retailer, will invest close to Rs 14 crores to add 20 points of sale to its existing 10 stores over the next six months; this is part of Rs 143 crores investment it announced for India in 2012. Citing demand for lifestyle apparel brands from Tier I, II towns, the company, over the next few months, will open stores in Pune, Kanpur, Ludhiana and Dehradun, apart from adding stores in Delhi and Mumbai. Rapid expansion plan of the MNC apparel biggie would bring in afresh business for the signage companies whose activities involve with in-store displays and related activities.