Home Fashion Arvind Brands to launch Calvin Klein formal, casual lines in 2016

Arvind Brands to launch Calvin Klein formal, casual lines in 2016

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is to reportedly open 25 standalone innerwear outlets in India in three years’ time, and is also planning to launch the brand’s formal and casual wear lines in the country by mid-2016., which bagged rights to market Calvin Klein products in India in March last year, officially launched Calvin Klein’s first innerwear outlet in Delhi last week.

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“We plan to open 20-25 standalone Calvin Klein underwear outlets in three years. Underwear category in India is pegged at USD 1.2 billion and we expect the segment to grow by 25-30 per cent for the next few years,” Brands Managing Director J Suresh told PTI.Suresh said Arvind Brands is targeting Rs 175 crore turnover this year from innerwear portfolio from all its brands put together.

Elaborating on new launches, Suresh said: “We also plan to launch Calvin Klein’s formal and casual wear portfolio in India by mid-2016.”