Future Retail Ltd, a part of Future Group, and Laura Ashley has signed an exclusive right and license to establish, own and operate stores and websites in India. Under this agreement, Future Retail Ltd will also have the right to purchase merchandise for sale in India as well as the right to manufacture or order the manufacture of the licensed products from Laura Ashley. Future Retail Ltd will also carry out wholesale distribution.
Laura Ashley is an international lifestyle brand headquartered in London, which specialises in retailing furniture, home accessories, decorating and fashion products. The group trades in 446 stores worldwide; 194 of which are located in the UK, Ireland and France, with the remaining 252 being franchise stores situated in 29 territories across the world.
Spokesperson from Laura Ashley commented on the partnership, “Continuing to grow and develop our international presence and explore new partnership opportunities is an important part of our strategy and we have made good progress. Â We signed a new license partner for the India market which strongly positions the brand for advancing in the territory in the future. We are also pleased to now have a presence in China, having launched a website in December”.
Kishore Biyani, Group CEO at Future Group, said “This partnership is another step towards bringing aspirational products in the market. Customers will now have an even wider range of home furnishings to choose from.â€
Laura Ashley is an international lifestyle brand headquartered in London, which specialises in retailing furniture, home accessories, decorating and fashion products.
The Group trades in 446 stores worldwide; 194 of which are located in the UK, Ireland and France, with the remaining 252 being Franchise stores situated in 29 territories across the world.
Laura Ashley also has a number of Licensing partners in the UK, Europe, Japan, America and Australia.
