India has been across various reports, has emerged as a luring destination for investors in various sectors. Of these sectors, retail is seeing a splurge of investment, especially with FDI opening up in single brand and multi brand.
This time the high-end Italian brand, Stefano Ricci, plans to make an India entry as it awaits FIPB approval for 100 per cent single brand FDI. The brand retails luxury menswear with stores across Europe, US and Asia.
Reports suggest that the brand will open its first store either in Delhi or Mumbai.
Recently, even the crystal and gems brand Swarovski, has also filed proposal with FIPB for 100 per cent single brand FDI.
India’s ace fashion designer, Manish Malhotra, opens first flagship store in New Delhi. Located at Mehrauli, the store spells traditional luxury as the products strongly focus on bridal wear and couture collections for both men and women.
The designer brings the ‘old world charm of opulent India’ in the city of old heritage by placing the standalone store in a haveli spread across 6000 sq ft. The decor is contemporary, and the primary colours used are grey and gold, which add an aura of elegance and encapsulates the mesmerizing charm of the designer’s signature style.
Store’s lavish grandeur retains the historic significance of an imperial haveli along with designer’s modern sensibilities to create a whole new world of refined luxury.
The store showcases the designer’s latest couture pieces, inspired from the 1930s to all his signature bridal collection and the latest Diffusion line, which is lighter and a modern collection that not just reflects the designer’s vision for younger minds but also his passion for Indian craftsmanship. It includes lehengas, saris, anarkalis, lighter luxe line of colour-blocked tunics with pants, cape tunics, sherwani jackets, ghagras and sharara pants for women. Men can choose from a range of bandgalas, bandi jackets, shirts and kurtas.
Collection showcases works such as Kashmiri, Chikankari, Phulkari, which have been important to Manish’s collections in the recent past.
The Indian luxury market is growing stronger as more and more brands enter the Indian market and the Indian consumer is all set to shell out. This weekend we bring to you a compilation of some Indian and international luxury products.
A journey which began with fine leather handbags being showcased as shop in shop and expanded into a brand with standalone, Hidesign adds another feather to its cap with its 11th store in the country.
The newly launched store is located at Preet Vihar in Delhi and is spread across 400 sq ft. A brand which already present at key locations in the capital including Connaught Place, Metropolitan MGF, Select Citywalk, GK and others. Interestingly, this store takes Hidesign to East Delhi, which was still untapped for the brand.
The Hidesign store at Preet Vihar presents customers with a complete brand experience. The store is designed with leather wall, wooden display shelves and embedded solid brass Hidesign ‘bull’ logo onto the teakwood floor which represents the brand. Things that resonate with luxury and gel well with leather are interestingly used in the store design as well as colour scheme which is brown, creme and white, all to enhance the products. The fixtures of the store are hand-made in natural materials such as wood, brass and leather, creating fresh and unusual designs that the brand is recognized for.
If you happened to cross the busy Defence Colony road on 14 August, it would have been hard to miss the bright yellow light up bungalow on the same lane that houses fashion designers including JJ Valaya, Shantanu & Nikhil, Dolly J and others (soon turning fashion street of Delhi).
The love for luxury in India is growing and its visible as more and more brands enter the country and open stores. One such brand which has recently opened its first boutique in India is Emilio Pucci, which entered the Indian market in collaboration with Infinite Luxury Brands.
With the its hallmark being the bold prints and pop colours, the boutique has opened at the luxury hub of the capital, DLF Emporio (Vasant Kunj).
It was in October 2012, the brand had signed a pact with the Indian counterpart and shown interest in opening stores in India.
The Bangalore based, Rodeo Drive Luxury brands has roped in Shikhar Dhwan and Sania Mirza who will be endorsing the complete range under the company. Both players will be seen representing Rodeo Drive in advertising campaigns in TV and print media.
The European sanitaryware and tableware brand, Villeroy & Boch has entered into a joint venture with India’s leading fashion and luxury conglomerate, Genesis Luxury Fashion Pvt Ltd. Under the agreement, Genesis will be exclusively marketing, distributing and selling the tableware range of the European brand. Nearly two digit million investment will be made in the venture.