New Delhi, May 15 -- With India's appetite for high-end fashion and accessories on the rise, DS Luxury, the luxury retail arm of Dharampal Satyapal Group Ltd, makers of Catch and other FMCG products, is gearing up for aggressive expansion over the next three years. The company plans to operate 30 stores across the country by 2027-28, spanning both luxury mono-brand boutiques and a new multi-brand concept.
"India's luxury market is likely to see several new additions in terms of luxury malls, for which infrastructure is still lacking. We would look to have as many as 30 stores by then across the country," said Ritesh Kumar, promoter, DS Luxury Retail Ltd, in an exclusive conversation withMint.
The move comes amid a broader shift in consu...
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