Brands to bring in British fashion brand Superdry
fashion brand Superdry, worn by celebrities such as David Beckham and Pippa
Middleton, is coming to India through a tie-up with Reliance Brands. Reliance
Brands, a unit of Mukesh Ambani-controlled Reliance Industries, has signed a
20-year licensee agreement the UK's SuperGroup, owners of the premium-to-luxury
spot the wave internationally on brands having traction... Superdry is a big
star in that and is a rage globally," Darshan Mehta, chief executive of
Reliance Brands, said. "Superdry is a more affordable brand than other
luxury brands available in the market. Yet, it is high in fashion and
wearable," he said.
Superdry T-shirt will typically cost ` 2,200-3,300 while a pair of jeans will cost `
5,500-8,250. This price point positions it just above brands such Tommy
Hilfiger and below Diesel, which Reliance Brands handles in India. Theo Karpathios, chief executive of wholesale and international division at SuperGroup, said
the decision to enter India followed many months of research into a long-term
potential of this market. "Reliance resonates a great synergy with our
brand and lifestyle with their vision for Superdry being closest to our
own," he said.
has 81 standalone stores in the UK and Ireland as well as 71 concessions in the
House of Fashion, Harrods and Selfridge's. In the last 18 months, the company
has been aggressively expanding its international business, opening more than
130 stores across Europe, the US, Australia and Middle East.
Superdry has a policy of
no advertisements or celebrity endorsement globally, yet a Brad leather jacket
worn by football player David Beckham become a rage in the UK, selling 70,000 pieces from 2007 to mid-2009. Reliance Brands, which sells global branded
products in India through joint ventures, plans to open at least five stores to
sell Superdry products that combine vintage Americana fabrics with
pseudo-Japanese text in the merchandise.