Friday, April 30, 2010

Louis Philippe- Ventures into Mens Footwear

Overall Market of Footwear in India: 30,000 cr.

Branded Footwear Market: 2000 cr.

Expects the new category to contribute at least 15% of the turnover.

COO of Louis Philippe: Vishak Kumar

No. Of Stores where footwear range is available: 130

Price: 2999 to 4999

Global and Local sourcing: 1 lakh pairs a year

Growth of Louis Philippe Brand: 20% per year

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