Arvind Brands to open 25 Calvin Klein innerwear stores in India in 3yrs

Arvind Brands will open 25 Calvin Klein standalone innerwear outlets in three years as it sees the category growing by 25-30 percent annually.

Arvind Brands, which bagged rights to market Calvin Klein products in India in March last year, will also launch Calvin Klein’s formal and casual wear by mid-2016.

“We plan to open 20-25 standalone Calvin Klein underwear outlets in three years. Underwear category in India is pegged at USD1.2 billion and we expect the segment to grow by 25-30 percent for the next few years,” Arvind Lifestyle Brands Managing Director J Suresh told PTI.