Major Brands India Pvt. Ltd, which is one of the franchisees for bringing in various international brands to India, has signed in with different real estate developers for opening new stores of existing nine international brands – Mango, Aldo, Nine West, Promod, Charles & Keith, La Senza, Okaidi, Aldo Accessories and Inglot – in premier malls across India and will reach a target of 100 stores by March 2011.
Currently, Major Brands is present in different Indian cities like Mumbai, New Delhi/NCR, Bangalore, Hyderabad and Pune. The names of the mall, in which the Major Brands plans to open new stores, are Forum Courtyard, Kolkata by March 2010, Venus Square, Ahmedabad by April 2010, Silver Arch, and Ludhiana by Aug 2010. They have also planned to open the stores in Chandigarh by August 2010 but did not disclose the name of the mall. “Total investment in opening new stores in the above cities would be approximately 30 crores,” said Kamal Kotak, director, Major Brands India Pvt Ltd to IndiaRetailing.
At present, Major Brands has total 38 stores in India with the store’s size between 1,000 to 2,500 square feet. It has 18 stores in Select City Walk, DLF Promenade and Ambience Mall, New Delhi/NCR, 13 in Mumbai’s Atria Mall, Linking Road and Inorbit Mall, One each in Bangalore’s Garuda Mall and Pune’s Jewel Square Mall. “The total retail space we are currently occupying across India is 57,000 square feet,” said Kotak. In the year 2001 Major Brands commenced its operations in India with the launch of the Spanish brand Mango in Mumbai’s Crossroads Mall (which has been relaunched in March 2006 as Sobo Central by The Future Group).
— Diwakar Kumar