Woodland plans expansion
The India-based footwear and apparel firm plans to enter the Japanese and South Korean markets, while reinforcing the presence in its home country
Owned by the Aero Group, footwear and apparel firm Woodland has announced plans to open more 120 exclusive outlets across India by the end of 2018 and to reinforce its presence in multi-brands outlets.
At the same time the company is investing to enter Japan and South Korea, adding these important markets to a wide portfolio of countries which already include other South East Asian countries, CIS countries and Middle-East and African countries.
These expansion plans are aligned to the aim of the company of growing 15% to 20% annually. The company, which is not only a retailer, but also a manufacturer of most of its products, also forecasts an increase in its workforce.
Footwear is the most significant segment for the company followed by apparel and accessories.
Woodland, employing over 10 000 people across its various manufacturing facilities and outlets, has 600 exclusive outlets worldwide and is present in 5 000 multi-brand stores in India.
At the same time the company is investing to enter Japan and South Korea, adding these important markets to a wide portfolio of countries which already include other South East Asian countries, CIS countries and Middle-East and African countries.
These expansion plans are aligned to the aim of the company of growing 15% to 20% annually. The company, which is not only a retailer, but also a manufacturer of most of its products, also forecasts an increase in its workforce.
Footwear is the most significant segment for the company followed by apparel and accessories.
Woodland, employing over 10 000 people across its various manufacturing facilities and outlets, has 600 exclusive outlets worldwide and is present in 5 000 multi-brand stores in India.