United Colors of Benetton is all set to double the number of stores it operates in India. Currently it has 110 stores and is expected to reach 200 my end of 2007.
Benetton’s road map in India includes launching of it’s premium “Sisley” brand for India’s upper crest circle. UCB is a wardrobe brand and all the 200 stores in India will sell UCB products.
Sisley is available only in New Delhi and will be launched in Bangalore and Mumbai later this year.
The Italian Fashion giant had a top-line of Rs 100 crore and expects the market to grow 30% YoY for the next 5 years.