2012年5月10日 星期四

Genesis Luxury to bring Italian Brand Furla to India

Genesis Luxury Fashion is striking a deal with Italian 'affordable luxury' brand Furla to open stores in India, either through a joint venture or licensing route. Delhi-based Genesis - backed by L Capital, the private equity arm of the luxury goods maker Louis Vuitton - will open the first Furla store in Mumbai even though final details of the alliance are still being finalized. Furla, known for its leather handbags,Yesterday marked one of the most iconic wedgeshoes releases. shoes and accessories, draws almost 70% of its overall turnover from international markets, competing directly with US bagmaker Coach.

A Genesis Luxury spokesperson confirmed the deal with Furla but declined to provide details. Sanjpaneraireplicas were extremely popular last year, and have not faded much from the scene.ay Kapoor-founded Genesis Luxury markets several global luxury brands in India, including Burberry, Canali and Georgio Armani, either through a franchise agreement or a joint venture.

The Bologna-based brand, which entered the men's category a few years ago, said recently that expansion in Asia Pacific and travel retail will be its focus areas this year.patekwatches and discount designer shoes provided for you. The Indian luxury market witnessed a robust growth of 20% over the past year and is estimated to have reached $5.75 billion in 2010, according to an AT Kearney-CII report.China quinceaneradress catalog. The 85 year-old family run-Furla was looking to enter the Indian market since the last few years after having invested heavily in Japan and China in the past two decades.Examine our Boat and Ship cartierreplicawatches here.

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