Sunday, September 20, 2015

Lacoste to expand stores at airports in India

New Delhi: : French sportswear major Lacoste is looking to tap air travellers by opening more outlets at airports in major cities in India.

Out of eight new retail outlets that the company plans to open in India this year, three will be at Hyderabad and Mumbai airports.

Although sales from outlets at the airports are not much, the company is looking to increase its contribution in the firm's overall sales in India.

"We will be opening one outlet at the Hyderabad domestic terminal and at Mumbai airport," Lacoste India Director & CEO Rajesh Jain told PTI.

Without sharing the company's revenues in India, he said, "The new retail stores at airports would start contributing up to 7 per cent of our total sales from next financial year."
20/09/15 PTI/Economic Times
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