Swarovski to Double Retail Network here
Crystal jewellery and accessories maker Swarovski plans to double its retail network in India by investing
10 million, or about .` 80 crore, over the next five years, a senior executive of the Austrian firm said. Francis Belin, senior vicepresident for Swarovski consumer goods business in Asia Pacific region, said most of the investment will go into opening exclusive outlets. “We have very loyal customers in India; so the idea is to be more visible, increase supply of our products and serve the customers better,” he told ET. Swarovsk had last year applied to form a 100% owned single-brand retail unit.