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    First exclusive from Crocs

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    (CIPL), the Indian subsidiary of Colorado-based footwear retailer Crocs Inc., has opened its first exclusive store in India at Pune.

    Crocs look to manufacture products locally if GST rates are favourable
    At present, Crocs India sources 100 per cent of its finished products from its global manufacturing hub in China and Vietnam

    Speaking to media at the launch, , managing director, CIPL, said: “We are looking at creating a new market segment for our product range. We also plan to set up manufacturing facilities in India once volumes pick up.” The company plans to roll out a total of 14 such stores in cities across the country by September.

    Elaborating on the retail operations, , deputy managing director, CIPL, said, “We will open more company-owned stores at Delhi, Mumbai, Hyderabad, Chennai and Kolkata over the next few months. We will also look at franchises, but at a later stage.”

    The brand is currently present at around 250 retail points, including outlets of well-known footwear brands, and is targeting sales of 250,000 pairs of footwear in India by the year-end.