1 week ago

Indian Luxury Brands Turn Flagship Stores Into Brand Worlds

Indian Luxury Brands Turn Flagship Stores Into Brand Worlds
Luxury bets on real estate: How Abu Jani Sandeep Khosla, Sabyasachi and Péro are rewriting retail · CNBC TV 18

Luxury fashion brands are opening large, beautiful stores even though people can shop online.

They believe luxury is about more than buying clothes.

A store can let customers see fabrics, artwork, old designs, and craftsmanship in person.

It can also make shopping feel special and private.

Sabyasachi Mukherjee’s Delhi store is designed like a museum.

Péro created a space called Pérodise where people can attend conversations and exhibitions.

EKÁ uses old objects and handmade materials to make its store feel lived-in.

These stores may help brands attract wealthy shoppers and charge premium prices.

However, brands still need to learn whether the expensive spaces generate enough sales.

Key facts

Sabyasachi Delhi flagship
A 26,000-square-foot store in Mehrauli designed as an extension of the brand.
Sabyasachi Mumbai store
Includes private lounges and a tea room for immersive, appointment-led shopping.
Péro flagship
Pérodise opened after 17 years of the label’s development.
Pérodise footfall
The space receives around 15–20 weekday walk-ins, with higher weekend traffic.
Mumbai retail rents
Prime retail in Kala Ghoda reportedly costs ₹600–₹1,000 per square foot monthly.
Delhi retail rents
Lodhi Colony and Mehar Chand Market reportedly cost ₹250–₹400 per square foot monthly.
EKÁ store design
Uses reclaimed wood, limewashed walls, antique objects, and a handcrafted roof.

Quotes

Aneeth Arora

Founder and designer of Péro

“Pérodise happened because the time and the space felt right.”
CNBC TV 18
“For us, craft is not a trend. It is the foundation of EKÁ.”
CNBC TV 18

Sources

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