Italian sportswear brand Lotto is optimistic about the market in India turning into the second biggest market in Asia-Pacific region.
It intends to make its presence felt more in India by increasing the number of its exclusive outlets by two times every year from the current 50 stores in the country over a period of next two years.
Sports Lifestyle holds the exclusive license for Lotto brand in both India and Nepal. Recently, the first Lotto outlet has been opened in the Himalayan Kingdom of Nepal.
Currently, India occupies the third rank in the Asia-Pacific region after China and Japan in terms of annual turnover for the brand.
Fibre2fashion News Desk - India
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