Spanish fashion brand Kelme to enter India

Source: 
Business Standard

Spanish sportswear and fashion brand Kelme is entering India through a licensing and distribution agreement with Global Overseas and plans to open up to 10 stores during the first year of operations.

Ghaziabad headquartered Global Overseas is a part of the Singapore-based Sports Fashion (SF). Kelme is owned by New Millennium Sports that has tie up with SF for Asia-Pacific region.

Elaborating on the plans for the Indian market, where the government had recently allowed 100 foreign direct investment in single brand retail, Kelme director International Business Luca Gios said: "In the first year we plan to open 7-10 stores in the country. The first one has been set up in Delhi."
 

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