Photo: ReutersKolkata: Denim and casual wear major Pepe Jeans has decided to open around 50 own stores to strengthen its retailing footprint in India and 20 of which would be opened this fiscal. We already have permission for around 50 own single brand stores,” Pepe Jeans India Managing Director Kavindra Mishra told PTI. Pepe Jeans India recorded a turnover was Rs424 crore (in wholesale price) last fiscal. Retail value of Pepe Jeans India is pegged at Rs800 crore. Pepe Jeans was also contemplating entering China and dialogue is on, officials said.

Source: Mint August 13, 2017 05:15 UTC