French Carrefour partners with Dubai-based Apparel Group to re-enter India

France Carrefour will re-enter the Indian market after a decade as a “retailer” through a franchise agreement based in Dubai. Clothing groupwhich sells brands such as Victoria’s Secret, Charles & Keith, Aldo and Bath & Body Works in India.

Carrefour, one of the world’s leading food retailers, left India in 2014 after four years of operations after struggling to grow and turn a profit. The company was banned from selling directly to consumers under India’s restrictive retail laws designed to protect consumers. Kirana provisions.

Carrefour’s second foray into India will be through the retail format with stores ranging between 8,000 and 30,000 sq ft.

The company will initially focus on northern India and will eventually expand its presence across the country. The first store is scheduled to open in RNC in the year 2025.

“We will expand with multiple formats across the country to suit the country’s retail landscape. India is now the cornerstone of the Carrefour International Association “The 2026 development plan marks a significant step forward in our strategy to expand into more than 10 new countries by 2026,” he said. Patricio LasfarguesCarrefour’s executive director of international partnership in a press release.

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