Popular brands like under Armour, YSL, AMQ, Molton Brown, Beccos and more are looking to enter India. Indian malls are gearing up to house them.
The brands are currently looking at hiring staff and finalising rents starting from Delhi, they plan to go pan-India.
Under Armour: NYSE-listed american footwear and sports casual wear fashion label
Molton brown is UK's leading upmarket personal care brand. Beccos is an affordable Korean designer brand.
YSL or Saint Laurent is a French luxury fashion label. Alexander Mcqueen or AMQ is a British luxury fashion label.
Retail market in India is expected to reach $1.2 trillion in next 5-8 yrs, said Deloitte FICCI report 2018. The Indian retail sector accounts for over 10 percent of the country's GDP.