Genesis Luxury Fashion news and archive

Michael Kors to expand retail footprint in India

US fashion label Michael Kors has revealed plans to expand its retail presencein India and is set to open additional stores throughout the country. The mid-level luxury fashion brand has already opened four stores within a year after its foray into India, and counts stores in New Delhi, Mumbai, Kolkata and Bangalore. Michael Kors has attained...

Fashion

LVMH´s L Capital Asia buys 25.5% Genesis Luxury Fashion

LVMH´s private equity fund to operate in Asian markets, L Capital Asia, has made its first investment in India: 25.5% stake in Genesis Luxury Fashion with an option to acquire additional stake in the next one to three years. “This is the first investment by L Capital Asia in India. This transaction was interesting because there were existing...