Despite the FDI controversy, luxury fashion and accessories retail still presents exceptional opportunities in India especially for the major luxury retailers. Brands already present in India have probably, once again, ”learnt their lesson”, becoming even more convinced, for most of them, operating directly in India would be a mission impossible. Several major international luxury brands, not yet present in India, have by now postponed by at least two years their entry, preferring to rather enter in discussions for a franchising/exclusive wholesale distribution.
Dolce & Gabbana, Roberto Cavalli or Max Mara are among the international luxury brands we might see entering India through franchising by the end of this year.
(Source: cpp-luxury.com)