Leading US apparel-maker Tommy Hilfiger plans to add 500 stores in India over the next five years to capitalise on the brand’s surging popularity. According to a foreign investment application filed by the company, Tommy Hilfiger Arvind Fashion Pvt Ltd, a 50:50 joint venture between the US premium lifestyle brand and Ahmedabad-based Arvind Ltd, will invest Rs 60 crore in 45 company-owned stores; a significant number of the stores will be opened through franchisees. A big boost like this in our retail segment will be an added advantage for the signage companies associated with jobs in the sector.
