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Clarks and Future Group JV for India October 21, 2009

In October 2005 when Clarks first entered India, they had grand plans. As per this press release, they planned opening about 300 stores by 2006. It does not take an in-depth study to know that this did not happen.

In the light of this failure to expand, it is heartening to note that Clarks has entered into a joint venture with Future Group, India.

Future Group is an extremely successful retail group controlling impressive retail chains like Pantaloons and Big Bazaar, shopping malls like City Center, clothing brands like John Miller, and even consumer finance and insurance under Future Money.

The JV plan seems to be to roll out the brand in 2011. So there is still a wait before the shoes are available more easily in the country. They plan to make it a premier international footwear label. From the press release it seems like the design range will increase, and more ladies sandals will be available. Also, the manufacturing might be outsourced to some local names.

“There are some excellent manufacturers in India making this product and we are excited about working with them”

-Andrew Martland, Head International BD, Clarks

However, I just hope that the original designs remain along with new ones, and the strict quality specifications and customer care practice of the footwear company dont change much when launched by the Indian-UK JV.

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8 Responses to “Clarks and Future Group JV for India”

  1. DK Says:

    Nice to know! especially after the news that their showroom in Phoenix mills is closed. But I think it would have been better if they had tied up with lifestyle? ‘Cuz, somehow , I dont like Pentaloons πŸ˜‰ its not high end and its not cheap either!

  2. Sticking to strict quality specifications?

    I sure hope so. I’ve seen quality drop when outsourced overseas…

    • Dips Says:

      Unfortunately, you are correct and that is what I fear. Though some manufacturers continue with their standards, many other lower them for the sake of lower costs.

  3. Thank god someone will make good walking shoes for India!

    My first visit to your blog and I love it, love it, love it! Oh my… I am in shoe heaven.

  4. Dips Says:

    πŸ™‚ I will try and keep you entertained πŸ˜‰

  5. […] were perennially shuttered down. I lost hope of seeing them in Mumbai. Then, there was news that they will tie up with a well known retail brand for the Indian market. Then all was quiet. Then, I see this […]

  6. […] mentioned Clarks entering into a Joint Venture with Future Group India in October 2009. Well, finally we can see the results of […]


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