Escada opens store in Delhi

Germany-based luxury brand Escada today said it will set up four stores across India in the next two years to tap the fast growing women-wear segment in India.

NEW DELHI: Germany-based luxury brand Escada today said it will set up four stores across India in the next two years to tap the fast growing women-wear segment in India.

Escada opened its flagship store in the capital today. It already has two outlets in Mumbai.

"We are bullish about the Indian market and would open our second store in the Emporio mall here by March next year. We plan to have seven stores across the country in next two years," Brandhouse Retails Ltd CEO Tarun Joshi said without divulging investment details.

The fashion house had signed an agreement with S Kumars Nationwide Ltd (SKNL), whose subsidiary Brand House Retail would market Escada's range of apparels and accessories.
Currently, Escada has 440 stores across the world.
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