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Van Heusen re-negotiating rentals

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Madura Garments’ premium formal-wear brand Van Heusen plans to capitalise on prevailing low rentals and set up more stores, according to media reports.

The company is reportedly re-negotiating rentals between 20-40 per cent for all its 55 exclusive stores, and the reports add that the response has been positive.

Van Heusen has a wide range of offerings in apparels for men, women and youth, including formal wear for men and women, party-wear for women, inner-wear, watches, perfumes, ladies bags, shoes and belts, among others.

— IndiaRetailing Bureau

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