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Arvind’s arm enters into an agreement with Gap Inc.

Date: 22-08-2014

Arvind’s subsidiary company - Arvind Lifestyle Brands, has entered into an agreement with Gap Inc., to open Gap stores in India. Besides, the company has entered into a franchise agreement with The Children’s Place, the largest pure play children’s specialty apparel retailer in North America.

Arvind has a portfolio of 12 of its own brands. It also runs the country’s largest value retail chain Megamart and the UK-based department store chain Debenhams, and the apparel specialty retail chain Next. Arvind has over 1.3 million square feet of retail space across various brands.