March 2, 2016: Premium lifestyle brand, Kate Spade & Company of New York announces its entry onto the Indian luxury market.
Partnering with Reliance Brands Limited, the label will open its first standalone stores across major Indian cities in late 2016. The long-term distribution and retail agreement furthers the brand’s expansion trajectory, helping it meet the unquenchable global demand for its high-end clothing and accessory items.
With that move, Kate Spade & Company will tap into the ever-growing Indian luxury segment, which the Associated Chamber of Commerce of India estimates to cross over the $18 billion mark by the end of this year.
