Cath Kidston has made its first major strategic move after it was acquired by Baring Asia earlier this month, launching its first store in India.
The new store in Delhi opened last week and represents an ongoing investment for the British brand in Asia. The business said it would follow this launch with another store in Mumbai.
The news also comes just a month after Baring Private Equity Asia (Baring Asia) acquired the equity stake of TA Associates, a US private equity company, becoming the controlling majority shareholder.
At the time of the announcement , Baring Asia said the ‘Asian expansion continues to Read full story ›
Source: The Drum