23 December 2021, Mumbai:
Aldo has strengthened its retail presence in the Indian market with the addition of two new stores in Bangalore. The two stores are spread across an area of 1,120 sq. ft. and 895 sq. ft.
The footwear and accessories brand currently has 38 stores across India and sells online through various e-commerce platforms. Major Brands, which owns the licenses to sell the Aldo brand in India, plans to further expand its presence over the next few years.
Major Brands India is on an expansion spree, with new brand launches. This leading franchisee for premier international fashion brands represents several international lifestyle brand products in India and has introduced brands such as Aldo, Aldo Accessories, Charles & Keith, and Inglot, to name a few.
The plan is to double its retail network in four years. This will mean launching outlets in major cities and going into Tier-II cities. It also plans to get into the gifting segment for which it is in discussions with corporates.
Currently, Major Brands has 160 standalone outlets for different brands. It is also present in several big retail outlets under the shop-in-shop model.
Major Brands has a significant presence in Chennai. It sees Chennai as an upcoming city with a great mix of a cosmopolitan crowd, a growing market for beauty and essentials.
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