Lombard India forays into premium men’s fabric segment
Future Group firm Lombard India today announced its foray into the premium men’s fabric segment and plans to invest Rs 100 crore in the next one year to expand footprint.
The company plans to open 50 standalone stores and tie up with 750 multi-brand outlets to retail Lombard branded premium range of suitings, shirtings, readymades and accessories.
Premium men’s clothing hardly has one or two players.
It is a very good business opportunity,” Lombard India President Ashwani Misra told PTI.