Caiman Shoes, a new entrant in Indian footwear retail market, has now stepped in south Delhi’s DLF Courtyard Mall. This is the fifth exclusive outlet of the company with one other in Delhi and rest in NCR.
Meanwhile, Rahman Group that has brought Caiman to the Indian market also plans to open 10 retail outlets in posh localities in major Indian cities including Lucknow, said M Raziuddin, managing director, Rahman Group.
Further, the company is also exploring the franchise route for placement of the range at leading footwear stores. “We have already tied up with over 25 footwear stores in the national capital and depending on the performance in these stores, we will step ahead on the format,” said Mohd Tahreem Razwi, COO, Caiman Shoes.
With target group as youth and professionals in the age group of 18-50 years, Caiman footwear prices range from Rs 2,100 to Rs 2,500 for men and Rs 500 to Rs 2,000 for women.