Pantaloon Retail to bring in foreign apparel brands
Pantaloon Retail is now going premium, as first it was the high-end gourmet food bazaar and now this homegrown retail giant plans to bring in global apparel brands into the country. The company plans to bring in 2-3 global brands every year for three years and for this it will invest $5-6 million on each brand. Under this strategy it will mostly look at franchisee or JV agreements with the brands.
