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Progressive Footwear acquires Lakhani Platinum to expand into Tier 2 and 3 markets.
Parveen Jagga, founder of Progressive Footwear Pvt.
Ltd., has acquired the brand rights to 'Lakhani Platinum,' the premium footwear line of the Lakhani Group.
The acquisition aims to expand the brand into Tier 2 and Tier 3 markets using Progressive Footwear's extensive distribution network.
The company plans to leverage AI-driven demand planning and enhanced retailer engagement to achieve fivefold growth within three to five years.
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Progressive Footwear adquiere Lakhani Platinum para expandirse en los mercados Tier 2 y 3.