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Gant enters Indian retail segment
US-based lifestyle apparel brand Gant opens its first 2,000-sq ft exclusive outlet in Mumbai.
US-based lifestyle apparel brand Gant on Friday entered the premium Indian retail market through Arvind Brands Ltd, with its first 2,000-sq ft exclusive outlet in Mumbai.
"Gant will be a great brand to be brought into the country. The Mumbai outlet will be the first in the offing, with the second one to be opened in Delhi in the month of September, and another in two years," Arvind Brands Ltd, President, Darshan Mehta told reporters.
"We have invested in the range of Rs 7-7.5 crore into this," he added.
The price range for shirts would be from Rs 3,400 - 7,000, knits in the range of Rs 1,300- 3,000, jeans in Rs 4,500-7,000 range and blazars tagged between Rs 10,000 and Rs 25,0000, said Mehta.
Other accessories like handbags, belts, caps, socks, eyewear and fragrances will also be available at the Gant outlets.
