Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Fashion / Armani to go slow on Indian expansion plans
Armani to go slow on Indian expansion plans
Oct '10
Giorgio Armani, a fashion luxury retailer from Italy, recently stated that, it is in India for a long heave and is in no rush to broaden its horizons here. It added that, instead it would prefer to take up a standardized approach for expansion here.

John Hooks, Deputy Chairman of the Giorgio Armani Group, stated that, they are in no rush to launch their outlets in India as they don't want to commit any blunder. However, he admitted that, they need to adopt a distinct outlook for India.

He averted that the company is still not able to make it out clearly as to at what speed it could develop here, so presently they are trying to comprehend and survey the markets.

The firm which already vends two of its labels Giorgio Armani and Emporio Armani in Delhi through its two outlets there, is all set to launch its third outlet in Mumbai within a couple of days.

While responding to a question on the company's expansion plans for the future, Hook said that, they are intending to launch Giorgio Armani outlets in cities like Chennai, Bangalore and Hyderabad, and added that, all in all they intend to have 10-12 outlets in India, but did not reveal the time limit for the same.

He further emphasized that the firm is gearing up to pave a strong base for healthy trade in India, and added that, they have a strong game plan for expansion in India, and would have to control the urge to cash on imminent opportunities, as they are planning a long stay in the country.

Dearth of good retail locations in India, has been coming in the way of the firms expansion plans, he said and added that, the distribution channel in the country is lacking as there are not adequate number of departmental outlets and luxury retail points here. However, he did state that, the company is satisfied with its performance in India, till date.

Hooks further stated that, the company possesses various highly-value brands like Giorgio Armani, Emporio Armani, Armani Collezioni, Armani Exchange, Armani Jeans, Armani/Casa and Armani Junior many brands which can be launched in India and could serve needs of different class of people.

Fibre2fashion News Desk - India

Must ReadView All

SABIC signs MoU with PRC province for petrochem complex

Textiles | On 26th Sep 2018

SABIC signs MoU with PRC province for petrochem complex

The Saudi Basic Industries Corporation (SABIC) recently announced the ...

New Pakistani federation to fight for workers' rights

Textiles | On 26th Sep 2018

New Pakistani federation to fight for workers' rights

The various unions in Pakistan’s textile and garment industry...

Courtesy: Pexels

Textiles | On 26th Sep 2018

Fitch raises growth forecast for India to 7.8% in 2018-19

Rating agency Fitch last week raised India’s growth forecast for...

Interviews View All

Neel Sawhney, One Friday

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Poojaa Kumar Deepak, Zeven

Poojaa Kumar Deepak

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

Top executives, Textile industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Apurva Kothari,

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Paolo Crespi,

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Davide Vigano, Sensoria

Davide Vigano

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on

Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

October 2018

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

news category

Related Categories:

Advanced Search