Aditya Birla Group partners with Galeries Lafayette to launch luxury department stores

Galeries Lafayette is famous for its luxury boutique on Boulevard Haussmann in Paris. India's flagship stores will bring more than 200 luxury and designer brands under one roof.

"This is the coming-of-age moment for Indian luxury. India is now home to a generation of young, wealthy consumers with global exposure, who are willing to spend on the finer things in life. This is evident in the thriving and dynamic luxury market,” said Ashish Dikshit, Managing Director of Aditya Birla Fashion and Retail Limited, the partnership with Galeries Lafayette is a strong affirmation of India's importance as a global luxury market and future engine for growth Luxury brands.

Its 90,000 square foot flagship store in Mumbai is expected to be operational in 2024, while the 65,000 square foot store in Delhi is expected to be operational in 2025.

"We are proud to expand our international presence in such a prestigious and refined market as India, where we believe our brand can capitalize on great potential. It is also a further illustration of our ambition to reach 20 stores abroad, with a primary focus in China, Asia and the Middle East by 2025. said Nicolas Hozy, CEO of Galeries Lafayette and BHV Marais.