Argos establishing Indian presence#
The BBC reports that:

"The Argos retail name is to be taken to India through a franchise deal with two of the country's leading store chains. Argos will license its brand and product catalogue for use in retail outlets in India, with the first due to open in Mumbai later this year. Argos, which is part of the Home Retail Group, said the deal would give it a "foothold" in a fast-expanding market."

Several other British retailers including Mothercare have used the franchise model to enter India.

Economy | Retail
3/4/2007 9:40:08 PM (GMT Standard Time, UTC+00:00) #    Comments [0]  |  Trackback
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