CELIO France: Celio to source a fifth of its global needs from India over the next two years, says CEO

French menswear retailer Celio plans to increase the sourcing of its merchandise from India fivefold over the next two years. India represents around 4% of the company's total requirement, but it plans to increase that to around 20%. Celio currently has 70 standalone stores and 680 other outlets in India, and CEO Marc Grosman said the country had "improved a lot. Retail is much more organised, consumers much more educated and the demand for fashion has increased a lot". Celio is also planning to open 15-20 stores in India each year.