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MUMBAI: Indian apparel design, manufacturing and retail
player Prateek has entered into a licensing arrangement
with European Kids wear brand Kanz to mark its foray
into kid's segment.
According
to a company statement, efforts would be made to convert
the tie up into a joint venture between Prateek and
Kanz that will cover manufacturing, design as well as
retail of Kanz merchandise in India.
Kanz
kid's wear plans to roll out 60 outlets across the top
25 Indian cities in the first year of its operation,
starting with Delhi. Kanz would be available through
a mix of exclusive brand outlets, presence in multi-brand
outlets and a shop-in-shop at large format stores like
Central and Lifestyle. Some of the cities where Kanz
will shortly be available are Bangalore, Chennai, Kolkata,
Mumbai, Hyderabad, Pune, Ludhiana, Vishakapatnam, Kozhikode
amongst others, states an official release.
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