India Here We Come

Due to the vast population in India, it’s going to be the next pit stop for a lot of branded retailers.

Most recently in the news, Diesel Jeans has announced that it will be entering into a joint venture with Indian company Reliance Brands. The plans are aggressive: To open up several stores in India by Summer 2009.

Diesel will have the majority stake in the partnership at 51%. Here’s the timeline: The majority of the stores will pop up in Mumbai, next Delhi and then expanding to Banglore, Chandigarh and Hyderabad.

Sunny Shum, Your Industry Insider

* Photo - Diesel Black Gold Collection, NY Fashion Week reveal!

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