In a break from the recent trend, retailers, led by Kishore Biyani's Pantaloon Retail (India) Ltd, Raheja-owned Shoppers Stop Ltd and the Lalbhai Group's Arvind Ltd, are experiencing strong growth in the fashion segment, thanks to positive consumer sentiments during the current festive season.
Retail chain Shoppers' Stop Ltd is planning to open 11 more stores in Bangalore, Mumbai, Delhi, Pune, Noida and Hyderabad in the next 24 months.
French giant might apply for multi-brand retailing if UK rival gets nod.
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