 "Arvind signs licensing agreement to bring Aeropostale to India")
Clothes manufacturer Arvind Ltd said on Thursday one of its units had signed a licence agreement with Aeropostale Inc , making it the latest international fashion brand to plan a launch in the country.
Arvind said its subsidiary, Arvind Lifestyle, is expected to open 30 standalone stores and 25 shop-in-shops over the next three years, starting March 2016. The company will also launch an Aeropostale e-commerce site for the country.
In August, the textile major announced a similar licencing agreement with Gap Inc.
India has swiftly turned into a hot destination for fashion brands, with the likes of Hennes & Mauritz (H&M) and Gap both eyeing store openings or expansion in the country.
New York-based Aeropostale is a teen apparel retailer that competes with Abercrombie & Fitch and American Eagle Outfitters .