"Hameedia and Madura Fashion & Lifestyle will join hands and launch a concept store under the brand name Planet Fashion," said Hameedia deputy managing director Hussain Sadique in a statement.
The new store will sell all products under the Louis Philippe, Van Heusen, Allen Solly and Peter England brands.
Sadique said they also plan to open a series of Peter England stores in prime locations in Colombo.
“We’re going a step further and will make these brands available at several national apparel retail chains in major cities."Madura Fashion & Lifestyle is a division of India's Aditya Birla Nuvo with eight factories.