Best Fast Dropshipping Service & Business India

New Delhi: E-commerce giant Myntra has acquired the distribution and management rights for UK’s fashion brand Next, it said in a press release on Friday.

With this Myntra gets the right to distribute Next’s products and set up branded stores for the fashion retailer in India.

“As a part of this franchise agreement, Myntra’s B2B entity will set up NEXT branded stores in India. The brand is set to offer an extensive range of childrens, womens and mens apparel both in stores and online,” read the release.

In this association, Next plans to open 8-10 stores in Delhi, Mumbai, and Bengaluru in coming years. Since its launch on Myntra last year, the brands claims to have doubled in demand.

“We are hugely excited to be working with Myntra in one of the world’s fastest growing markets and very much look forward to seeing what can be achieved together,” said Simon Wolfson, CEO, Next.

Next also plans to introduce its owned brands such as Reiss, Lipsy, Joules, FatFace, Jojo Maman Bebe, Love and Roses and Friends Like These to the Indian market through Myntra.

  • Published On Mar 22, 2024 at 02:51 PM IST

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Best Fast Dropshipping Service & Business India

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