Pantaloon forms 50:50 JV with C&J Clark

    Pantaloon forms 50:50 JV with C&J Clark

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    (India) Ltd., one of India’s largest retailers, formed a 50:50 (JV) with the UK-based C&J Clark International. The JV would also engage in wholesaling of Clark’s branded products in India.

    C&J Clark is one of the largest makers of casual shoes in the world, manufacturing brands like Clarks, Bostonian and K Shoes for men, women and children.

    A Pantaloon Retail spokesperson confirmed the news but refused to share details about the development.

    — IndiaRetailing Bureau