“The major challenge for retail in the last fiscal year was rampant discounting by brands across categories. However, we are very bullish on the retail story of India. Understanding the consumers and providing omni channel marketing and retail solutions is going to be the challenge for 2014-2015. In regards to expansion plans for Tangerine Home Couture, we are currently available at 100 doors in India and plan to make the brand available to 300 doors by the next year.”
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