The Children’s Place is setting sights on international expansion, and the retailer’s first stop is India. The pure-play children’s apparel retailer has entered into a franchise agreement with Arvind Lifestyle Brands Limited to open stores up to 50 stores, starting in the Fall of 2015.
“We are excited to be partnering with Arvind, which has a proven track record of operating successful apparel brands in India,” said Jane Elfers, President and CEO of The Children’s Place. “We are making significant strides in our International franchise business, and we remain focused on providing great fashion and value for kids around the world.”
As part of the partnership, Arvind Lifestyle Brands Limited will help The Children’s Place be a “first of its kind children’s retail format in India,” noted Sanjay Lalbhai, Chairman and Managing Director of Arvind Limited. “It will be a one stop shop for children sizes 0 to 14, and we are delighted to bring The Children’s Place to India.”