Home FEATURED NEWS French Department Store Galeries Lafayette to Open in India – WWD

French Department Store Galeries Lafayette to Open in India – WWD

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PARIS – Famed French division retailer Galeries Lafayette is organising store in India.

The retailer will open its doorways in Mumbai and New Delhi by means of an unique partnership settlement with native vogue group Aditya Birla Fashion and Retail Limited, and can launch a devoted web site for the nation.

The 86,000-square-foot area within the southern metropolis of Mumbai is scheduled to open in 2024. London-based architectural agency Virgile & Partners will helm the mission, which might be housed inside two century-old buildings within the historic Fort district. Virgile has beforehand helmed the revamp of the Harrods luxurious equipment area, in addition to the design of the Andaz lodge in New Delhi.

The retailer will carry greater than 200 native and worldwide manufacturers, with customized buying, digital check-in and omnichannel connections to cater to the “millennial luxury” buyer.

The second location in India’s capital will open within the upscale DLF Emporio buying heart in a 60,000- square-foot area there.

“We are proud to expand our international footprint in such a prestigious and refined market as India, where we believe our brand can benefit from a strong potential,” Galeries Lafayette and BHV Marais chief government officer Nicolas Houzé stated in an announcement.

“This is a coming-of-age moment for Indian luxury. India is now home to a generation of young, and affluent consumers, with global exposure, who are willing to spend on the finer things in life. This is visible in the boom and dynamism of the luxury market. The partnership with Galeries Lafayette is a ringing endorsement of India’s significance as a global luxury market and a future engine of growth for luxury brands,” stated Aditya Birla managing director Ashish Dixit.

“The Aditya Birla Group’s deep and nuanced understanding of the luxury landscape on the back of our portfolio of designer brands, combined with Galeries Lafayette’s global experience, will enable us to create a world-class destination for Indian consumers and global luxury brands,” he added.

Aditya Birla operates 3,500 shops throughout India, with a mixture of worldwide and native manufacturers in single and multi-brand retailers, in addition to being the distributor of American Eagle, Fred Perry, Hackett London, Ralph Lauren, Reebok and Ted Baker within the nation.

The India outposts are a part of Galeries Lafayette’s plan to open 20 shops exterior of France by 2025, with a concentrate on China, Asia and the Middle East.

The group opened shops in Doha, Qatar; Luxembourg, Luxembourg, and Shanghai, China, in 2019. Its outposts in Beijing and Shanghai are run with accomplice I.T Limited, and Galeries Lafayette has introduced additional tasks in Macau and Chongqing. A Shenzhen retailer is deliberate for early 2023, and the group goals to have 10 shops in China by 2025.

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