High-End Turkey Three Fashion Brands Jointly March Into India
Diversify India
Luxury goods
The three high-end fashion brands from Orka group in Turkey will enter India in October. The three brands are Tween, Damat and ADV.
Delhi's blue clothing company (BCC) joined the Orka group as a charter.
Distributor
The above three brands of clothing and accessories are introduced in India.
Orka group has more than 400 retail units in about 35 countries around the world.
The price range of men's clothing ranges from 5000-20000 rupees, and the three brands from Turkey will be launched by blue clothing company.
At present, India's economic conditions are favorable for international high-end brands to gain a foothold in India, industry observers said.
Blue dress
The group is ready to increase retail sales outlets for these brands nationwide in India.
The company intends to store 25 stores in October, including multi brand stores and separate brand stores.
To this end, the group will invest 500 million rupees in debt and internal interest to establish a joint venture.
At present, blue clothing company's annual turnover is 1 billion rupees, and next year is expected to reach 2 billion rupees.
According to the expansion plan, blue clothing company will open Versace, Cadini, and kleya brand new units in Delhi, Mumbai, Hyderabad and Bangalore.
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