Search Business Opportunities
Business Categories
Apr, 01 2007

Louis Vuitton Moët Hennessy Group plans further expansion

Louis Vuitton Moët Hennessy (LVMH) will bring in four global brands this year: Sephora retail chains for perfumes and cosmetics with a first store coming up in Mumbai, and Kenzo, Celine and Dior. Under Kenzo, lines in perfumes, skincare and fashion access

Exclusive Dior boutique will also open doors in Mumbai, along with Dior products like watches, clothing, accessories, handbags and footwear.

Plans are also ticking for the company's Swiss Tag Heuer watches. The biggest revenue driver for Tag Heuer India is its Carrera watch tag and in October-November the company will launch 'Grand Carrera' mechanical watch which can divide time into one hundredth of a second and will be priced at Rs 1 lakh to 2 lakh. Tag Heuer currently has eight boutiques and 45 points-of-sale (POS) nationwide. By 2010, the company plans to have 40-50 boutique stores and at least 100 POS. The franchise model will also continue.

Comment
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
Trending
More Stories

Free Advice - Ask Our Experts