« Elle », the French fashion label enters India through a "Licensee"
Elle (Groupe Lagardère Active), the French ready-to-wear & fashion accessories brand for women has signed a Franchise agreement with Arvind Lifestyle Brands, a leading Indian ready-to-wear brand. According to Mr. J. Suresh, Director of Arvind Brands, "The Indian market for western ready-to-wear for women is booming. By introducing " Elle " an international upmarket brand our company has an early bird advantage in the Indian market." The first Elle brand stores are planned in Delhi, Bangalore and Chandigarh in April 2012. The project is to open stores in the malls, high-streets and shop-in-shops in department stores in India. Arvind Brands already represents international brands like Arrow, Izod, Gant, Polo US.
The Indian ready-to-wear & fashion accessories market is estimated at EUR 26 billion of which 12 billion (46%) for men’s ready-to-wear, 10 billion (38%) for women’s ready-to-wear and 4 billion (15%) for ready-to-wear for children and teenagers. The annual growth rates in value for the three segments are respectively +13%, +16% and +17%.
Roberto Cavalli arrives in India
Roberto Cavalli has signed a partnership with Infinite Luxury for the development of its brand in India. The first store of the Italian brand is planned, with a surface area of 350 m², on the ground floor of DLF Emporio, a luxury shopping mall in New Delhi. The store will have the complete collection of the brand’s ready-to-wear for men, women & children, leather goods, shoes, watches, sunglasses, jewelry ... Infinite Luxury, a company created by the renowned Indian designer Manav Gangwani in collaboration with an entrepreneur based in Dubai will also be the franchisee of "Cavalli Café" in India.
The Indian market for ready-to-wear & fashion accessories is estimated at EUR 26 billion of which 12 billion (46%) for men’s ready-to-wear, 10 billion (38%) for women’s ready-to-wear and 4 billion (15%) for ready-to-wear for ready-to-wear for children and teenagers. The annual growth rates in value for the three segments are respectively +13%, +16% and +17%.