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Tag: Wacoal

Japanese Lingerie Brand To Open 75 Stores
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Japanese Lingerie Brand To Open 75 Stores

Japanese lingerie brand Wacoal will invest nearly Rs20 crore in India to open 75 stores in the next five years. Kyoto-based Wacoal, has a presence in over 66 countries and regions, including North America, Europe and Asia and will compete with companies like LaSenza, Marks & Spencer and Triumph in the country’s intimate market worth […]

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Wacoal Enters India

Tokyo-listed global lingerie brand ‘Wacoal’ is entering India through a joint venture with Periwinkle Fashions. The new venture will be named Wacoal India, with Wacoal International Hong Kong holding 51 per cent stake in the company. Wacoal International Hong Kong is a wholly-owned subsidiary of Wacoal Corporation. Periwinkle Fashions, part of the Ramesh Tainwala-promoted Tainwala […]

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Centre Approves Wacoal’s FDI Proposal

Following recommendations of Foreign Investment Promotion Board (FIPB) in its recent meeting, the centre has approved a proposal of Wacoal International Hong Kong Co. Ltd. for foreign direct investment (FDI) in single brand retail trading (SBRT). Wacoal International had sought approval to set up a joint venture with 51 per cent equity participation for undertaking […]

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