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Kishore Biyani-promoted Future Group and leading UK shoe retailer Clarks have agreed to form a JV to retail footwear in India, in a move that will help India’s largest retailer, which runs supermarket chains Big Bazaar, Central, eZone and Pantaloon, offer lifestyle footwear, a segment the retailer has failed to crack so far. Consumers will have to wait till 2011 when the JV company launches Clarks in India through standalone stores as well as shop-in-shop in larger retail store. The iconic brand, which started in 1825 in the Somerset village of Street, the UK, sells more than 40 million pairs of shoes in over 50 countries through its own and franchise stores as well as multi-brand outlets. The retailer offers a range of footwear, boots, casual, workwear, sports, slippers, for men, women and kids.
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