Global luxury brands knock at India gate

Global luxury brands spanning apparel, cosmetics and accessories are gunning for the Indian market, at a time malls dedicated for the uber-rich are sprouting across the country. According to multiple industry executives, a dozen luxury brands are close to opening their first India stores, or looking to scale up their presence in the country.

- Varuni Khosla

Dolce & Gabbana of Italy plans to start its Indian journey with private appointments in December, to be followed by full-fledged stores in Delhi and Mumbai, while rival Italian firm Golden Goose will start with a store at The Chanakya, a luxury mall in Delhi’s Chanakyapuri, the people cited above said on the condition of anonymity. French luxury firms S.T. Dupont and Jacquemus are also weighing an India entry, while Spain’s Balenciaga is working on its first store in Mumbai. Loro Piana, owned by French luxury firm LVMH, is said to be making a comeback, after having exited the country earlier.