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17 Nov

French Department Store Galeries Lafayette Expands to India

French Department Store Galeries Lafayette Expands to India

PARIS — Famed French department store Galeries Lafayette is organising shop in India.

The retailer will open its doors in Mumbai and Latest Delhi through an exclusive partnership agreement with local fashion group Aditya Birla Fashion and Retail Ltd., and can launch a dedicated website for the country.

The 86,000-square-foot space within the southern city of Mumbai is scheduled to open in 2024. London-based architectural firm Virgile & Partners will helm the project, which might be housed inside two century-old buildings within the historic Fort district. Virgile has previously helmed the revamp of the Harrods luxury accessories space, in addition to the design of the Andaz hotel in Latest Delhi.

The shop will carry greater than 200 local and international brands, with personalized shopping, digital check-in and omnichannel connections to cater to the “Millennial luxury” customer.

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

“We’re proud to expand our international footprint in such a prestigious and refined market as India, where we imagine our brand can profit from a robust potential,” Galeries Lafayette and BHV Marais chief executive officer Nicolas Houzé said in an announcement.

“It 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’re willing to spend on the finer things in life. That is visible within the boom and dynamism of the luxurious market. The partnership with Galeries Lafayette is a ringing endorsement of India’s significance as a worldwide luxury market and a future engine of growth for luxury brands,” said Aditya Birla managing director Ashish Dixit.

“The Aditya Birla Group’s deep and nuanced understanding of the luxurious 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 stores across India, with a combination of international and native brands in single and multibrand retailers, in addition to being the distributor of American Eagle, Fred Perry, Hackett London, Ralph Lauren, Reebok and Ted Baker within the country.

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

The group opened stores in Doha, Qatar; Luxembourg, and Shanghai, China, in 2019. Its outposts in Beijing and Shanghai are run with partner I.T Limited, and Galeries Lafayette has announced further projects in Macau and Chongqing. A Shenzhen store is planned for early 2023, and the group goals to have 10 stores in China by 2025.

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