Arvind signs licensing agreement to bring Aeropostale to India

Company to open 30 standalone stores, 25 shop-in-shops over the next three years

Clothes manufacturer Arvind Ltd said on Thursday one of its units had signed a licence agreement with Aeropostale Inc , making it the latest international fashion brand to plan a launch in the country.

Arvind said its subsidiary, Arvind Lifestyle, is expected to open 30 standalone stores and 25 shop-in-shops over the next three years, starting March 2016. The company will also launch an Aeropostale e-commerce site for the country.

In August, the textile major announced a similar licencing agreement with Gap Inc.

India has swiftly turned into a hot destination for fashion brands, with the likes of Hennes & Mauritz (H&M) and Gap both eyeing store openings or expansion in the country.

 

New York-based Aeropostale is a teen apparel retailer that competes with Abercrombie & Fitch and American Eagle Outfitters .