The Japanese company has taken advantage of the amount of vacant spaces, and intends to open 5 more stores.
This period has been an exceptionally difficult time for many retailers, and the Coronavirus has caused many brands to close their physical store locations, opting instead for selling online in line with the shift in consumer preferences.
Asics has taken advantage of a number of prime locations freeing up in the Indian market, as they continue to strengthen their footprint in the country amid increased demand for fitness and health products.
Rajat Khurana, Managing Director, Asics India and South Asia, commented: “While a lot of brands are rescinding their plans of opening stores and even shutting down existing stores, we have additional five stores in the pipeline that we expect to open by the end of 2020, and we hope to end this calendar year with close to 60 years.”
