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French labels eye local market

02 Apr '07
1 min read

Since Indian Government allowed 51 percent Foreign Direct Investment in single brand retail, top French luxury brands started eyeing local market and made plans to open outlets in major cities including Delhi and Mumbai.

Last week, top officials of many French labels met to chalk out policy fine-prints about opening their shops in best of India's fashion and lifestyle hubs.

Sophisticated Louis Vuitton, which has its stores in Delhi and Mumbai are eager to make their presence felt in Bangalore, Hyderabad, Chennai and Kolkata.

Celebrated Chanel, which provides fragrances, accessories and apparels, wants to expand its business by opening many outlets in India.

Scarf, leather accessories and jewelry maker Hermes has decided to open its first store in Delhi in 2008.

Renowned French firm Estee Lauder plans to introduce the 'Donna Karan' range of fragrances and its colour cosmetic line 'M-A-C' and skin-care brand 'Clinique' in the oriental country.

Jean Paul Gaultier, known for its beauty products, apparel and accessories, is preparing to bring its ready-to-wear garments in India.

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