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SevaGroup Launches Their First Store for German Footwear Brand Birkenstock in Maharashtra

SevaGroup Launches Their First Store for German Footwear Brand Birkenstock in Maharashtra

PREMIUM German footwear brand Birkenstock has entered Indian market through a partnership with Seva Group.

Seva Group, which is into automotive retail, entered consumer product retailing in 2012 with Element Retail.


The first physical store of Birkenstock will come up later this month in Bengaluru, Seva Group said in a statement.

Birkenstock is a globally renowned open footwear brand. Its shoes and heels for men, women and children are priced between Rs 2,009 (£20) and Rs 17,999 (£180).

The store is first of many that the Seva Group plans to open in the coming months, the group's MD Aditya Bafna said, adding as part of the expansion, the group has entered into tie-ups with many other brands such as Apple, swimwear and swim-related accessories brand Speedo, fitness brand Asics, and Giant bicycles, among others.

The group also has exclusive franchise license rights for Giant bicycles, which is the world's largest premium bicycle manufacturer.

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Bangladesh orders 25 Boeing aircraft as part of US tariff deal

Highlights
  • Bangladesh orders 25 Boeing wide-body aircraft, first delivery expected in 2029.
  • Biman Bangladesh Airlines evaluating additional offers from Boeing and Airbus.
  • Deal part of broader US trade agreement reducing tariffs from 37 per cent to 20 per cent.


Bangladesh has ordered 25 wide-body aircraft from Boeing as part of a tariff agreement with the United States, a senior commerce ministry official confirmed on Thursday, whilst the country evaluates competing proposals from European manufacturer Airbus.

"We made a commitment and ordered 25 wide-bodies, and we expect to receive the first one in 2029," official Mahbubur Rahman told AFP. "It's part of the tariff deal with the US."

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