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US brand Johnston & Murphy to open 12-14 stores in India, eyes Rs 100 crore revenue

Industry Retailing

Johnston & Murphy is planning to open 12-14 stores in India with an investment of Rs 15 crore. Pune-based Premium Retail has taken the rights of licence and master distribution for Johnston & Murphy in India. The footwear brand has identified eight cities including Delhi, Mumbai, Chandigarh, Pune, Chennai, Ahmedabad and Hyderabad for opening the stores.

Extracted from ET, Sep 11,’15

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