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Enamor
brand lingerie launched
PTI
- Bangalore
Gokaldas
Intimatewear has launched Enamor, a new lingerie brand aimed at
capturing 20 per cent share during the first year of the Rs 160
crore high-end branded lingerie market in the country.
A
65:35 joint venture (JV) between Bangalore-based Gokaldas Images
and the Euro 70 million French lingerie company Barbara, Gokaldas
Intimatewear is positioning its brand of bras and panties in the
Rs 115 to Rs 400 price segment.
Enamor
will initially be available across departmental stores, multibrand
outlets and smaller lingerie stores in Bangalore, followed by other
markets in the South, Mr Jagadish Hinduja, group managing
director, Gokaldas Images told reporters here. The JV is investing
Rs 12 crore in the project.
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