×
67 387
Fashion Jobs
ON RUNNING
Sales Representative
Permanent · BOSTON
MACY'S
Manager, Merchandise Execution
Permanent · New York
MACY'S
Asset Protection Officer, Goodyear - Full Time (2840)
Permanent · Goodyear
MACY'S
Asset Protection Detective, Cross County - Full Time
Permanent · Yonkers
MACY'S
Asset Protection Detective, Bay Fair - Part Time
Permanent · San Leandro
MACY'S
Asset Protection Detective, Queens Center - Part Time
Permanent · New York
MACY'S
Manager, Operations
Permanent · Miami
MACY'S
Asset Protection Detective, Thousand Oaks - Part Time
Permanent · Thousand Oaks
MACY'S
Manager, Operations Sun-Wed 6:30pm-5:00am
Permanent · Portland
MACY'S
Asset Protection Detective, Rosedale Center - Full Time
Permanent · Roseville
TJ MAXX
Overnight D/C Loss Prevention Specialist
Permanent · Pittston
ROSS STORES
Store Protection Specialist
Permanent · Novato
ROSS STORES
Store Protection Specialist
Permanent · Dallas
TAPESTRY
Area Manager
Permanent · Boston
SALLY BEAUTY CORPORATE
Outside Sales Representative - Cosmoprof
Permanent · Ottawa
ASCENA
Part Time Manager Ann Taylor Factory Birch Run, mi
Permanent · Birch Run
ASCENA
District Manager - Ann Taylor, il/mi
Permanent · Lockport
ASCENA
District Manager, Ann Taylor Loft Factory Outlet - Georgia
Permanent · Peachtree City
NORDSTROM
Program Manager 2 - Price Strategy
Permanent · Seattle
NORDSTROM
General Manager- Cafe Nordstrom- Downtown Portland
Permanent · Portland
NORDSTROM
Area Manager - Training - Portland, or
Permanent · Portland
NORDSTROM
Operations Manager Outbound – Sat-Mon 6pm-6am Shift – Elizabethtown, PA
Permanent · Elizabethtown
Published
Sep 21, 2010
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Zegna makes headway in India

Published
Sep 21, 2010

After China and Vietnam, the Italian group pushes the cursor towards India. Through its subsidiary in Mumbai, established in 2006, it will form a joint venture with Reliance Brands, a retail distribution giant in its market, which signed a partnership agreement with Diesel in March.


Zegna
Ermenegildo Zegna Collection

51% owned by the Zegna Group, the other percentage lies in the hands of the Indian manufacturer, the new structure will enable the brand to boost its development in the country which "could soon represent Ermenegildo Zegna’s biggest market in the Asia-Pacific" by 2015, said the brand in a statement. The plan, therefore is for ten shops openings in five years, divided throughout 6-7 cities. The first opening is scheduled in Hyderabad for October.

Ermenegildo Zegna came to the country in 2003, inaugurating this Indian adventure, well before luxury brands even started opening up in this market four years ago. In February 2006, the government passed a law, for the first time, allowing labels to invest in distribution sites when opening a mono-brand shop. This was provided they shared a piece (49%) of the cake with an Indian partner. Therefore it was in 2007 when Zegna opened up its first shop in Bombay under a direct management agreement, followed by sites in Bangalore and another in New Delhi, which marked the start of "double-digit growth" according to the luxury brand.

After one year of slumps in 2009, the group seemed to thereafter renew its growth, reflected in its results from the first quarter of 2010 that showed sales were up 20%. An increase largely carried by its Asia business which offers bright prospects. Zegna, which counts 550 stores worldwide, has announced the consolidation of it retail park in China alongside the expected opening of 20 stores.

Get the Flash Player to see this player.
An exhibition retracing the past 100 years of the Zegna Group


Original by Emilie-Alice Fabrizi. Translated by Rosie Hart

Copyright © 2022 FashionNetwork.com All rights reserved.