Metallurgical Industries,Metallurgical Industries sector projects by Fossil Inc in Bangalore
Project Information
5142
Fossil Inc
Watch and accessories maker Fossil Inc is gearing up to set up its first single-brand retail store in India in Bangalore in the next few months. Fossil is among the first batch of global brands that recently got cleared by the Foreign Investment Promotion Board for setting up single-brand retail stores after the Government raised the FDI limit for such retail to 100 per cent. Gautam Kapur, National Sales Head, Fossils India, said in a press release, “We are currently working on our first flagship store that is mostly likely to come up in Bangalore. We will be following this up with another three stores, probably in Delhi, Mumbai and Hyderabad about 12 months from now,”. The company has submitted a proposal to invest about $4.5 million in the initial phase to set up its single-brand retail stores. Fossil, Inc. is an American designer and manufacturer of clothing and accessories, primarily watches, jewelry, sunglasses, wallets, handbags, belts, shoes and clothing.
Project Value
Refer document
Conceptual Stage
Bangalore
Karnataka
India
Metallurgical Industries,Metallurgical Industries
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