William Penn to expand retail network in India

William Penn, multi-brand retail store chain housing premium fine writing instruments, desktop and lifestyle accessories, has announced its plans to expand retail network in India to 15 stores by 2010 end. Launching its fourth store in Bangalore, the company considers India as a booming market for luxury goods. Luxury brands from across the world have got interested in India because of the rise in purchasing power and the expansion of William Penn retail chain will also be a new business opportunity for in-store media companies, sign suppliers, print providers, etc.