Spencer’s Retail entered into an exclusive agreement with Woolworths to sell Ladybird Kids wear and Chad Valley Toys in India. This is part of the move to increase focus on the apparels segment which is the most and easily recalled segment by Indian consumers when out for shopping. Island Monk, Mark Nicolas Puddles and Little Devils are some of the private labels owned by Spencers.
Mr. Harsh Goenka Chairman of Spencer’s Retail said,
We expect to have the Ladybird range of children’s wear in our outlets in the next 10 to 15 days.
Spencer’s will also sell Chad Valley toys in its hypermarkets within the next two months.