Saturday, February 13, 2010

India:European clothing label to outfit Jewel Square


s.Oliver, the leading European fashion brand which forayed into the Indian retail market two years ago through a Joint Venture with Orient Craft Ltd. announced the opening of its first Exclusive Store in Pune.

Following a shop-in-shop at Store One in Pune, s.Oliver opened a 1000 square feet Exclusive store at the plush Jewel Square Mall in the urban Koregaon Park district. The collections s.Oliver Casual women and men, QS by s.Oliver female and male and s.Oliver Accessories will now be available to the Pune lifestyle consumer as well.

Elated on the occasion, Mr. Amit Rai, Chief Executive Officer, s. Oliver India said, “s. Oliver has been doing exceptionally well in India. Owing to the loyalty of our customers and increase in sales, we have decided to open another Exclusive store in Maharashtra, after Mumbai."

"The new store is designed as per s.Oliver’s international store designs which were created in Berlin. This exclusive store reiterates our commitment towards bringing trendy and fashionable wear to India. Over last 2 years we have already invested close to 3 million Euros and have earmarked an investment of another 7 million Euros for next three years. These amounts would be utilized towards new store setups, advertising & marketing, central office & logistics costs and working capital.”

Mr. Gaurav Sehgal, Chief Operating Officer, s. Oliver India, added, “The location of the Pune store has been chosen keeping in mind the plush locality and customer convenience. Spread across 1000 square feet retail space, the newly launched store is located at the Jewel Square Mall. The store will witness a splendid shopping experience and features our latest collection for our valued customers to choose from. It has been designed on the lines of the s.Oliver international standards, keeping in mind minute details like window design, lighting and store-fragrance.” 

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