Indian leather retailer Hidesign is expanding its business in foreign lands opening new stores.
Company plans reach 30 stores figure with Russia adding three more stores to total eight stores in the country, said Kunal R. Sachdev, Chief Executive, Hidesign.
Moreover, it also has plans to open outlets at Hong Kong and Kuala Lumpur this year.
Hidesign has also inked an agreement with its Russian distributor to invest 35 percent of its total retail earnings in retail market.
Besides selling its brand in over 15 countries of Europe, North America, Asia, Africa and Australia (in addition to eight exclusive shops in Russia, the US and the UAE), Hidesign is in conversations with five top malls in South Africa to open exclusive brand stores.
Reference- https://www.fibre2fashion.com/news/fashion-news/newsdetails.aspx?news_id=11933
