Italian brand Nau! eyeing Rs 125-cr sales in 5-yrs in India

NEW DELHI, Aug 7:  Italian premium eyewear brand Nau! is targeting Rs 125 crore turnover in India in the next five years and is planning to open 70 outlets across the country.
“We are planning to open 70 Nau! outlets and we are targeting Rs 125 crore turnover in India in 5 years,” Nau! Italy Founder and President Fabrizio Brogi told.
Nau!, which has operations in Italy and Spain, is also looking at expanding its operation to other markets such as US, Canada and other European countries in the next 1-2 years.
Trinity Group, which is master franchisee for Nau! in India, said it will focus on metro cities to open Nau! outlets.
Elaborating on its product offerings, Trinity Group Director Vaibhav Sharma said: “We have launched full range of Nau! products in India, except contact lenses. We are waiting for government approvals to launch contact lenses in the Indian market soon”
Nau! products will be imported in the country and are priced between Rs 2,000 to Rs 10,000 in the India. (PTI)