The magnificent luxury departmental store Galeries Lafayette in Paris symbolises French luxury shopping. It is renowned for its high-end fashion apparel, fine dining, stunning Art Nouveau architecture, and in-house events. Situated in Boulevard Haussmann, it has long been the second-most prominent Parisian tourist destination, following the Eiffel Tower and drawing numerous locals and tourists daily.
Galeries Lafayette is branching out to a new location. The upscale departmental store from Paris will now start operations in India. For the convenience of the customers, the prestigious shopping centre will not only open its iconic departmental store but also launch an online shopping domain.
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Who is Bringing Galeries Lafayette Home?
Well, if you assumed Reliance was introducing it to India, you are mistaken. Aditya Birla Fashion and Retail Limited (ABFRL) is the company introducing Galeries Lafayette, a luxury retail and departmental store in India. Unexpectedly, Aditya Birla Fashion and Retail has a sizable worldwide brand inventory. The Collective, a division of Aditya Birla Fashion and Retail, is home to a few selective brands, including American Eagle, Simon Carter, Reebok, Forever 21, Ralph Lauren, and Ted Baker. Additionally, it has strategic alliances with Indian designers such as the House of Masaba, Tarun Tahiliani, Shantanu and Nikhil, and Sabyasachi.
To strengthen its presence in India, where the French company wants to establish two stores in 2024 and 2025, Galeries Lafayette recently decided and announced its cooperation with the Indian organisation ABFRL.
Aditya Birla Fashion and Retail Limited is the first Indian fashion firm to surpass one billion dollars in profit, which oversees a network of 3,500 outlets, to accelerate its global deployment strategy. A specialised online shopping portal will be launched as part of the agreement, along with opening two storefronts in Mumbai and New Delhi.
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Galeries Lafayette Store Location in India
The upscale departmental store – Galeries Lafayette – features a range of high-end brands for a market niche that prefers luxury products. Among the high-end luxury brands available in the store are Armani, Balenciaga, Burberry, Bulgari, Calvin Klein, Christian Dior, Louis Vuitton, and Prada. Additionally, the store features Lancôme Miracle and Yves Saint Laurent Opium fragrances. These brands and more will all be available in India’s two storefronts – Mumbai and Delhi.
Mumbai
The first store will be located in the economic and cultural centre of Mumbai on a 90,000-square-foot property. Public access to the upscale shopping centre will begin in 2024 with a very young audience receptive to luxury trends. Virgile & Partners, who have considerable exposure to international architecture, are creating a luxury retail franchise to the highest standards of iconic design.
Delhi
It is only fitting that Lafayette’s new outlet is situated in Delhi’s affluent retail district, DLF Emporio, as it is the one-stop destination for all things luxury. The iconic French departmental store will be sprawled across an astounding 65,000 square feet inside DLF Emporio, one of the biggest luxury malls in the nation. The store is anticipated to open in 2025 in the capital city.
Future of Galeries Lafayette
This collaboration demonstrates Galeries Lafayette’s ambition to hasten the opening of 20 outlets internationally by the year 2025, with a focus on the Middle East and Asia markets.
The luxury departmental store has 57 locations in France and 8 of which are franchised and already present in Dubai, Doha, Beijing, Shanghai, Berlin, Jakarta, and Luxembourg.
In 2023, three more stores are anticipated to open in China, increasing the total number of international outlets to ten, subject to openings in India.
