Future Group owned firm Future Retail as part of its joint venture (JV) with Oman based Khimji Ramdas (KR) Group has incorporated a new firm "Future Retail LLC" to foray into the Oman and other Middle East markets.
The firm will open around six FBB fashion outlets in the Middle East during the current financial year. In all, the JV company plans to open around 18 exclusive FBB stores in the Middle East over the next few years with a total investment of Rs 150 crore (approx $ 22.5 million).
Future Group’s value fashion brand FBB also plans to enter the top ten performing global fashion brands in the 2019 financial year with its international expansion.
