“Luxury celebrates heritage and culture”
For an entrepreneur who has brought in French luxury brand Maison Longchamp Paris to India, launched ISDI (Indian School of Design and Innovation) in collaboration with New York’s Parsons School of Design and introduced urban customers to professional dry cleaning services with the Spanish brand Pressto, luxury is a part of life.“For me, luxury is appreciation of artistry and craftsmanship and the ability of human hands to create things that are special with exquisite design and the highest quality materials,” says Radha Kapoor Khanna.
How is the luxury market shaping up
The market is not without its challenges—tax structure, limited retail inventory, scarce luxury-ready human resources—but we are operationally in a favourable space than when we started off. What is most promising about India is the sizeable population of burgeoning middle income group households that are upwardly mobile, getting sophisticated and seek global lifestyle.
Plans in the pipeline
Maison Longchamp Paris has boutiques in DLF Emporio, Delhi and Palladium in Mumbai. Over the next few years, it will be our focus to grow this brand by creating awareness and opening more boutiques. Pressto is another special brand that we as a group are growing. We entered the unorganised dry-cleaning market and created a strong space for organised, professional garment care in India.