US garment retailer Gap set to enter India early next year

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American garment retailer Gap Inc. is set to open its stores in India early next year. The company is close to signing a franchisee deal which is expected to be announced in the coming weeks, people familiar with the development told ET.

Gap has almost sealed the deal with Ahmedabad-based textile conglomerate Arvind Ltd to open its branded stores in India, a person privy to the talks between the two companies said. “It is more or less a done deal and will be announced in a week or ten days,” said the person, who did not wish to be identified.

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Sylvia Lohan

Fashion and photography addict, interested in languages, culture, traveling and all-things-beautiful.