Blue & Blue Fashion India owns global rights for Blue & Blue brand, which it acquired from Italian designer Fulvio Rovaris in 2001. |
The company currently had its manufacturing facility in Kolkata. |
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Unique group now exports leather accessories under Blue & Blue brand to Italy, Austria, Switzerland, Belgium, Greece and Spain. |
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The promoter of BBFI, Praveen Agarwal, said the company is now planning to roll out its product in Indian market after tasting success in Europe. |
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Besides, it is now planning to roll out its products under Blue & Blue brand in UK, USA and west Asia too. |
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"We are setting up a state of the art facility in Delhi, which will be of international standard. Lemie will either take some stake in BBFI for this or we could form a separate joint venture for this purpose," he said. |
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Fulvio Rovaris, one of the directors of Lemie, admitted that talks are on with Unique group for possible joint venture. |
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Lemie manufactures leather assessors for global brands like Sergio, Tacchini, Pierre Cardin and Marie Claire. |
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The company is listed on Italian bourses. |
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However, Agarwal was not ready to disclose the financials of the tie up. |
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Commenting on the India plan, the chief operating officer of BBFI, Deepak Pramanik, said that BBFI would roll out 18 exclusive retail outlets in India in next 2-3 years. |
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The company is launching its first exclusive outlets in Gurgaon later this month. The second outlet will be in Kolkata. |
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Besides, it was looking for places in Mumbai, Bangalore and Delhi. |
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"All the exclusive outlets will be owned by the company itself," he said. |
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BBFI manufactures items like women handbags, purse, mens' belt, portfolio bags and purse and mobile covers. |
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Pramanik said that the company will be launching a nationwide promotional campaign from June. |
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"We want to develop Blue and Blue as a Rs 35 crore brand in three years," he added. |
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