DLF India’s leading realty player has become the retail gateway of India for global luxury retailers. In Feb-08, it was Armani which joined hands with DLF and today its Italian Fashion Giant – Salvatore Ferragamo – Luxury Apparel and Footwear brand.
Leonardo Ferragamo, CEO said,
The JV will help us explore the possibility of our brand in India. We have a history of working for the Indian royalty [Gandhi Family ?] and the elite for long time. However, this venture will help us establish the brand here.
DLF confirmed that it will provide Luxury retail space to kick off the retailing smoothly. Since the appetite for luxury goods is growing exponentially here in India, Ferragamo will make significant investments. Our readers should note that premium Italian retailer Canali is now sourcing from India for global operations.
Ferragamo’s collection include but not limited to shoes, accessories, scarves, ties, eywear, watches, fragrances etc.