US-based branded apparel brand Forever 21 will open its first Indian store at Ambience Mall, Vasant Kunj, Delhi, on September 18, 2010. The store will be spread over an area of approximately 10,000 sq.ft. The brand has the minimum guarantee as well as the revenue-sharing model with the mall.
Forever 21 is being brought to India by Dubai-based Sharaf Group, the master franchise for the brand in Asia. The company is helping Hello India to set up the chain in India.
– IndiaRetailing Bureau