Reliance industries Group is yet again launching a grand global fashion footwear brand in India after successfully bringing in UK’s footwear and accessories group, Dune through franchise route. Reliance brand has signed a long-term franchise accord with Stuart Weitzman recently and will soon launch its outlets in India. The Reliance Company is advancing its fashion trend in connection with global brands by inaugurating 100 stylish stores this fiscal.
Reliance Brands operates single-brand stores for the likes of Ermenegildo Zegna, Paul & Shark, Diesel, Quiksilver, Steve Madden, Kenneth Cole and Brooks Brothers and others either through joint ventures or long-term licensing deals.
The major collaborations of Reliance group with global brands will be a crucial turn of Indian retail markets in fashion sectors.
Stuart Weitzman said, “Partnering with Reliance, a company that has a dominant presence in India – one of the most compelling retail growth areas in the world, is an essential next step in our global expansion strategy. India is a key strategic region of our world that has shown a strong demand for our products and we see this as one of the most important long term markets in the world.”
Stuart Weitzman’s styles has been a fashion statements for Hollywood actresses , including Angelina Jolie, Eva Mendes, India will come up with the brand in 2013 with summer collections in the stores of Delhi and Mumbai. The price range is expected to be between Rs.25, 000 to Rs.75, 000.
Darshan Mehta, President & CEO, Reliance Brands Ltd. said: ‘Stuart Weitzman’s trademark use of unique materials, and his attention to detail, garnered him and his company a global following. His minimalist approach showcases the intimate relationship between a woman and her shoes. Having the ability to leverage the global strength of the Stuart Weitzman brand, and building a larger presence for them here in India is a great opportunity. We are very excited about the association which promises to pioneer a global trend across the region.”
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