Followers

Saturday, November 15, 2025

Galeries Lafayette targets booming Indian market - why experts warn sales may stay subdued

Galeries Lafayette has launched its first Indian store in Mumbai, aiming to capture the nation's vast consumer market. Despite the promising growth of India's luxury sector, global brands face significant hurdles including high import duties, complex bureaucracy, and strong competition from local designers, necessitating cultural adaptation for success.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/g8U5SvG

No comments:

Post a Comment

India's silver imports plunge to over three-year low in May, curbs and higher duties hit inflows

India's silver imports plummeted by 87% in May to their lowest in over three years, following government restrictions and increased duti...