Zara opens its first Indian outlet
- Fashion retailer Zara opened its first Indian store on 31 May 2010.
- This was a joint venture between the Spanish owner Inditex and the Indian conglomerate Tata Group.
- Zara made retail history in India as the store recorded the maximum single-day sales by a global retailer in India.
- Zara has a total of 12 stores in India as of now.
Indian market makes way for BEBE
- Bebe, a beloved name in women's fashion retail hit the Indian market in October 2011.
- Major Brands had partnered with Bebe, and had opened the first store at the Pacific Mall, New Delhi.
- The brand had plans to expand to 7 outlets at Infiniti Malad, Khar Linking Road, DLF Promenade, Vasant Kunj, Market City, Pune, Market City, Bangalore by Dec 2011.
Mukesh Ambani brings Superdry to India
- Superdry opened its first store in Mumbai, as a joint venture between the British fashion brand Superdry and Mukesh Ambani's Reliance Brands.
- A unit of Reliance Industries, Reliance Brands, has signed a 20-year licensee agreement with UK's SuperGroup, owners of the Superdry label.
- Superdry has expanded to 8 stores by now.
Delhi opens its door for GAP
- 30th May saw the opening of GAP's first store in India at Select Citywalk, Saket, New Delhi.
- It was inaugurated by Bollywood celebrity - Kangana Ranaut.
- The store was in partnership with Arvind Lifestyle Brands Ltd and offers GapKids, Gap for women and men, babyGap and the Summer 2015 collections.
- GAP is expecting Rs. 1000 crore revenue in the coming 5-6 years from India.
H&M makes its way to the Indian market
- Hennes & Mauritz (H&M) have decided to set foot in India and will open their first store in the Indian capital by September 2015.
- Like GAP, H&M will open their first flagship store at Select Citywalk in Saket and will offer retail for women, men and children.
- The H&M Group hopes to open at least 50 stores in India over time.
Global brands on their way to India
After H&M, brands like Children’s Place, Abercrombie & Fitch, Topshop and Zara’s higher end label Massimo Dutti are all set to make their Indian debut by 2016.
H&M now in India
- Swedish fast-fashion brand Hennes and Mauritz AB (H&M) opened its first Indian outlet in South Delhi's Select CityWalk Mall.
- India is H&M's 60th market worldwide.
- The company plans to invest €100 million (about ₹730 crore) over the next five years in opening at least 50 stores in the country.
- Brands like Zara, Marks&Spencers, Gap, Forever 21, Mango are its competition in the same mall.
H&M: a force on its own
H&M will operate as its own 'single-brand retailer' complying with Indian FDI norms, unlike Zara and Gap, which entered India with local partners.