{"id":3760,"date":"2014-08-12T08:33:02","date_gmt":"2014-08-12T08:33:02","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=3760"},"modified":"2014-08-12T08:36:48","modified_gmt":"2014-08-12T08:36:48","slug":"michael-kors-expand-retail-franchise-india","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/michael-kors-expand-retail-franchise-india\/","title":{"rendered":"Michael Kors to expand retail Franchise In India"},"content":{"rendered":"
\"Michael<\/a>

Michael Kors Franchise<\/p><\/div>\n

Franchise News India<\/a><\/strong>,Franchise In India<\/a><\/strong>,US fashion label Michael Kors has revealed plans to expand its retail<\/a><\/strong> presence in India and is set to open additional stores throughout the country.<\/p>\n

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<\/a><\/strong>, Mumbai<\/a><\/strong>, Kolkata<\/a><\/strong> and Bangalore<\/a><\/strong>. Michael Kors has attained positive feedback from customers in the area since its entry in the country, mostly from clientele who are in search of high-end accessories, such as the labels famous monochrome handbags, watches and womens footwear<\/a><\/strong>.<\/p>\n

Michael Kors aims to open additional stores later this year, tapping into increasing consumer interested in luxury goods. According to a recent study by consulting firm KPMG and Assocham, the luxury goods segment, which includes apparel, accessories, watches, and home decor, increased by 30 percent to 8.5 billion dollars, or 5 billion pounds according to current exchange rates.<\/p>\n

In 2013, the luxury fashion brand joined forces with Genesis Luxury Fashion, a local franchise<\/a><\/strong> partner based in New Delhi, to open stores throughout the country. Genesis Luxury has helped introduced a number of luxury labels into the country in the past, including brands like Paul Smith, Bottega Veneta, Jimmy Choo, Armani, and Furla.
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