ARMANI & FERRAGAMO Unhappy With DLF. Seeking New Partner

Italian luxury brands Salvatore Ferragamo and Giorgio Armani are considering chaning their existing local partner, a subsidiary of real estate developer DLF, and have been talking to other corporate groups and investors.  Over the last five years, several leading luxury brands have already parted ways with the partner they chose to come to India with and have formed new […]

Why performance of Armani in India is so Lackluster?

Before Armani entered India there was a huge expectation from the brand and brand gurus predicted that if one brand that will literally rock in India amongst fashion & luxury labels, it’s Armani. Armani tied-up with one of the most powerful conglomerate of India – the DLF group. Yet two years down the line, Giorgio […]