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09-March-2018

Monnalisa, an Italian luxury kidswear brand is planning to enter India later this year. The brand plans to open seven stores in India in top metro cities in the next five years after the unsuccessful try in 2006. The brand is taking a franchise route with its first store in Delhi in September, according to Venus Barak, CEO of international market entry advisory firm FranGlobal, which is representing the brand in India.

The Italian brand has signed a contract with FranGlobal for expanding in Delhi-National Capital Region, Mumbai, Bangalore and Kolkata with total deal size of more than €4 million, Barak said.

FranGlobal has appointed PDM University as the master franchisee for Monnalisa in India. The products will be fully imported and sold in India.

- Apparel and Textile News, Apparel Talk, Indian Apparel

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