Agilitas acquires Lotto India licence for 40 years


by ETtech.com

ETtech.com— Sportswear and athleisure venture Agilitas Sports has acquired Italian shoe brand Lotto's India licence for a period of 40 years for an undisclosed price.Under the partnership struck with Lotto parent WHP Global, Bengaluru-based Agilitas will handle the manufacturing, design and sale of Lotto products across India, South Asia and Australia.“The 40-year licence timeline shows the commitment and the long-term plan we have for Lotto here,” said Abhishek Ganguly, the former Puma India head who...

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