According to Business Standard, Kenzo and Marc Jacobs will soon hit the shelves in India. That apart, Louis Vuitton Moët Hennessy (LVMH) is expected to roll out half a dozen luxury brands in India over the next one year to keep up with an increasing demand from elite consumers, including Berluti (shoes), haute couture brands Givenchy, Loewe, Celine and Pucci.
Ravi Thakran, group president, South Asia, told Business Standard, "LVMH has been in India for five years and now is the time to consolidate our presence in the country. The company will be launching at least 5-6 brands by the next year and will also expand the watch and jewellery division," said Thakran.
LVMH is also set to introduce Sephora, its beauty and cosmetics business, in India. The company has booked properties in Delhi, Bangalore and Mumbai, and will be launching five stores over a period of one year. Sephora is an interactive luxury beauty care concept that offers a range of skincare, make-up and fragrance products.
In a couple of months, the company is also set to announce tie-ups for a luxury retail venture in the country. He said, "We are in talks with some companies and details should be finalised in a couple of months."
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