'Bestseller' apparel plans its expansion in India

Danish apparel chain Bestseller is planning its expansion in India.

Bestseller plans to establish 100 retail stores in three years.

Bestseller plans to raise the number of retail outlets to 50 in one year, concentrating on tier-II and III cities. With an average investment of Rs 4,000 per sq ft, the company would focus on large format stores between 10,000 sq ft in tier-II and III cities and 20,000 sq ft in metros and key state capitals.