INDIA: Freelook Menswear To Launch Nine More Stores
The recent excise duty hike on readymade garments has not deterred Polki Garments, promoter of Freelook menswear, from expanding its business. Avinash Goyal, managing director of Polki Garments, said: "We've already effected a 12 per cent price hike. The impact of the duty will reduce market fragmentation. Only the medium-sized and major players will survive."