17 November 2022, Mumbai:
Aditya Birla Group x Galeries Lafayette to open India’s first luxury department store.
The 90,000 square feet flagship store in Mumbai is expected to be operational by 2024. Speaking about the partnership, Ashish Dikshit, Managing Director, of Aditya Birla Fashion and Retail Limited said, “This is a coming-of-age moment for Indian luxury. India is now home to a generation of young and affluent consumers with global exposure, who are willing to spend on the finer things in life.
Commenting on the announcement, Nicolas Houzé, CEO, of Galeries Lafayette, and BHV Marais said, “ We are proud to expand our international footprint in such a prestigious and refined market as India, where we believe our brand can benefit from a strong potential. It is also a new illustration of our ambition to reach 20 stores abroad, with a primary focus on China, Asia, and the Middle East by 2025.
Aditya Birla Fashion and Retail Limited (ABFRL) enters into a strategic partnership with Galeries Lafayette, renowned globally for its flagship location at Boulevard Haussmann in Paris.
The 65,000 square feet store in Delhi, expected to be operational in 2025, will be at DLF Emporio, one of India’s largest luxury malls.
Galeries Lafayette’s experience-focused design and proposition around entertainment, and technology, the stores will provide a 360-degree retail experience that speaks directly to customer’s needs.
