Delhi-based Davin Sons Retail Limited is expanding beyond its denim manufacturing and distribution roots into multi-brand sportswear retail, including Skechers, Reebok, Adidas, New Balance, and Crocs. SGI Europe reported that the company has signed preliminary agreements with the five brands to open multi-brand outlets across agreed territories in India’s fast-expanding premium footwear and athleisure market. The country’s sportswear and athleisure segment is projected to reach a market valuation of $4.8 billion by 2033, according to the IMARC Group. While MOUs are in place, the arrangements are subject to final definitive agreements ... Log in to view full article.