With rising number of Indian travelers shopping at international stores for high-end labels, top global brands are now looking at opening stores at leading Indian airports. US-based lingerie and beauty products retailer Victoria’s Secret, for instance, is close to opening its first beauty and cosmetic store at T3 terminal, in New Delhi. And Armani Jeans, a fashion brand marketed by Genesis Luxury in India, is opening a stand-alone store at the Delhi airport.
Channeled through Delhi Duty Free Services, the stakeholders in Delhi Duty Free include Delhi International Airport, GMR Group and Yalorvin, a 100 percent subsidy of Aer Rianta, an Irish travel retailer that manages and operates duty free and duty paid airport retail outlets in Europe, Asia and America. An increase in the number of travelers with a lot of spare time on their hands and the need for doing some last minute shopping is leading companies to consider retail space at airports. Brands like Benetton and Samsonite already witness good business at their airport stores. Samsonite South Asia currently operates seven stores at different airports. The company’s next store is slated to open at the Mumbai international airport and it plans to open more stores at other airports.
Read news in full 05/03/14 Fashion United
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