Business Daily from THE HINDU group of publications Tuesday, Jul 10, 2007 ePaper |
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Marketing
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Retailing Gitanjali Lifestyle setting up 27 outlets
Our Bureau New Delhi, July 9 Gitanjali Lifestyle, a subsidiary of Gitanjali Gems, recently announced that it would set up 27 retail outlets by the end of this year at a combined investment of about Rs 5 crore. Twenty-five of these outlets will showcase the collection of Swiss, French and Italian watches such as Morelatto, Nina Ricci, Jacques Lemans, Moschino and Paris Hilton under the multi-luxury retail brand Bezel. It would also set up two outlets for Greggio, an Italian silverware brand that offers products such as tableware, cutlery and gifts. These international brands will be launched in the country for the first time.
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