Home / Knowledge / News / Apparel/Garments / Luxury brand returns to Russian market
Luxury brand returns to Russian market
18
May '10
During the global economic meltdown, top designer garment brands, which had shut down their Russia-based retail outlets, are coming back into the Russian market.

Before the onset of 2014, Italian brand 'Diesel', in collaboration with Li-Lu, a showroom that promotes brands such as Furla, Patrizia Pepe and others, is planning to open 30 outlets in Moscow and regional Russia.

On the other hand, UK-based Alexander McQueen and Stella McCartney are in talks with Bosco di Ciliegi to launch exclusive or mono-brand boutiques in Moscow, said, Bosco Head, Mikhail Kusnirovich.

As compared to last year, when sales of international luxury brands dropped by 8 percent, experts expect that by the end of 2010 there will be an increase of 4 percent, with Russian sales expecting to touch 10-15 percent.

Last March, all of Russia-based Diesel brand outlets had shut down. But in 2011, Moscow will witness the launch of a new Diesel outlet, said Diesel brand manager, Alla Fentisova of Li-Lu showroom.

Also, as they incurred losses, Vintage Technology that represents Diesel in Russia along with Miss Sixty, Energie, Killah and others had given up on franchise outlets.

Fibre2Fashion News Desk - India


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search