The company said it will create more than 300,000 direct and indirect jobs in India over the next five years.
Smaller box stores — those under 15,000 square feet — are growing at double-digit rates, while larger outlets (over 15,000 square feet) are declining.
The company expects its business to double in next three to five years.
Aloke Bajpai was all praise for Shankar and his exceptional customer service that he provided with a smile at all times. He also highlighted that the companies that treat their employees well always have the highest level of consumer satisfaction.
CEO Barbara Martin Coppola said that right now they sell Decathlon products but what they would want is to have the licence or opening up to other brands.
With gyms closed, fitness-conscious citizens are flocking to sportswear outlets to buy accessories and equipment.
The retail project to be constructed on a ‘built-to-suit’ format with the total investment of Rs 620 crore
The Finance Ministry today cleared four foreign direct investment (FDI) proposals in single brand retailing, including that of Decathlon and Fossil Inc, worth about Rs 750 crore, sources said.