Da Milano secures luxury dominance with 100-store domestic milestone
9 April 2026, Mumbai
Premium leather accessories major Da Milano has officially surpassed the 100-store milestone in India, reinforcing its leadership in the domestic bridge-to-luxury segment. This expansion comes as the $14 billion Indian leather goods market enters a high-growth phase, projected to expand at a 4.24 per cent CAGR through 2034. By strategically scaling its presence in metro hubs and high-street locations, Da Milano is capitalizing on a significant shift in consumer behavior where aspirational buyers increasingly prioritize her100-store milestone iitage craftsmanship and brand longevity over fast-fashion trends.
Driving revenue through portfolio diversification
The group’s growth is underpinned by strong financial tailwinds, with reported revenues reaching Rs 262 crore for FY25. This performance is boosted by the success of its footwear subsidiary, Rosso Brunello, which now operates 40 outlets and has seen robust traction in the UAE. Crossing the 100-store mark is more than a volume play; it is about consistent brand resonance, states Sahil Malik, Managing Director, Da Milano. The company’s ‘lifetime service promise’ remains a critical differentiator, driving high customer retention rates even as global luxury conglomerates increase their marketing spend in India to capture rising disposable incomes.
Global aspirations and digital integration
Looking ahead, the group is transitioning from a domestic powerhouse to a global contender, with imminent entries planned for Singapore, Malaysia, and the UK. To support this international push, Da Milano is leveraging its $30 million working capital to modernize its e-commerce infrastructure, aiming for a deeper integration with premium marketplaces like Tata Cliq Luxury and Ajio. Despite the challenge of rising raw material costs and fragmented logistics, the brand’s focus on high-margin, design-led categories - particularly handbags and corporate travel gear - positions it to maintain double-digit growth while defining the next chapter of Indian luxury retail.
Established in 1989, Da Milano is a leading Indian brand specializing in Italian-designed leather accessories and footwear. Operating over 100 domestic stores and a growing Middle Eastern footprint, the group maintains a CAGR of 6 per cent. Its growth strategy focuses on global expansion into Southeast Asia and Europe by 2027.
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