Summary – Lotto, the Italian sportswear brand, has launched in India through a partnership with Agilitas Sports, targeting Rs. 1,000 crore in revenue over five years with cricket legends Yuvraj Singh and Abhishek Sharma as key promoters.,
Article –
Lotto, the renowned Italian sportswear brand, has officially entered the Indian market by partnering with Agilitas Sports. This strategic move is aimed at capturing a significant portion of the Indian sportswear industry.
The company has set an ambitious goal to achieve Rs. 1,000 crore in revenue within the next five years. To strengthen its market presence and brand appeal, Lotto has enlisted cricket legends Yuvraj Singh and Abhishek Sharma as key promoters.
Key Highlights:
- Launch of Lotto brand in India through Agilitas Sports partnership.
- Target revenue of Rs. 1,000 crore over five years.
- Association with cricket stars Yuvraj Singh and Abhishek Sharma to boost brand visibility.
Strategic Impact:
This entry is expected to intensify competition in the Indian sportswear market, which is rapidly growing due to increased interest in sports and fitness activities. Lotto’s collaboration with well-known sports personalities is likely to enhance its credibility and appeal among Indian consumers.
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