While the world is apprehending a slowdown in the midst of financial crisis in Europe and the US, big apparel retail firms in India are continuing to expand in the country. Apparel retailer Shoppers Stop has opened 11 stores in the current financial year, taking the tally of its outlets to 49. Reliance Trends, another major apparel retailer opened 30 new stores in 2011. Although the short-term market conditions appear tough and uncertain, long-term prospects are bright in the country. It is because retail market in India is large and the share of organized retail is minimal. Such a sunshine growth in the retail sector has brought in added opportunity in business of signage companies engaging in in-store displays and signs.
Indian apparel retail majors continue to expand
- Post author:SignNews
- Post published:January 7, 2012
- Post category:New Business Opportunity
- Post comments:0 Comments
