Reliance Model Restricted, a subsidiary of Reliance Retail Ventures Ltd with a mandate to launch and construct world manufacturers, has inked pact with main Italian luxurious model Maison Valentino, to carry one of many prime luxurious manufacturers in India. The primary boutique of Valentino will likely be opened in Delhi, adopted by one other one in Mumbai, Reliance Manufacturers stated in a press launch on Thursday, July 21.
“Reliance Manufacturers Restricted has inked a long-term distribution settlement with Valentino to carry to India probably the most established Italian Maison de Couture,” the previous stated within the press launch.
The primary retailer in Delhi is because of open in 2022 by the top of the summer season, with the flagship retailer in Mumbai to observe within the coming months, RBL stated. The shops will inventory an entire vary throughout womenswear, menswear, footwear, and equipment of Valentino, Reliance stated.
“The brand new long-term distribution deal will permit model presence by way of a renewed retailer idea geared towards adapting to the modifications within the retail market. Experiential design will present clients with a worldwide expertise and a bespoke shopper experiential journey,” stated Reliance Manufacturers within the press launch.
In Dehli, Valentino will open a 162 sqm boutique in DLF Emporio, which is able to carry Valentino girls’s collections and an edited number of males’s equipment, whereas the Mumbai flagship will carry the entire Valentino universe, which is able to embody an entire vary throughout womenswear, menswear, footwear, and Valentino Garavani equipment of the model that embody sneakers, baggage, small leather-based items, eyewear, scarves, ties, and fragrances.
The model is at present current in over 144 areas by way of 212 Valentino immediately operated boutiques and over 1,300 factors of sale.
“This partnership will assist make the model extra accessible to its Indian
clients and construct a brand new tribe of Valentino connoisseurs,” stated Reliance Manufacturers Restricted managing director Darshan Mehta.
“Based by the legendary Italian clothier Valentino Garavani and Giancarlo Giammetti, Valentino has gone by way of impactful artistic evolution beneath the present Inventive Director Pierpaolo Piccioli and CEO Jacopo Venturini heralding the model into up to date luxurious whereas leveraging its heritage as probably the most established Italian Maison de Couture. The model’s infectious romanticism, signature codes and daring use of color has sturdy resonance in India,” he added.
Talking on the collaboration, Jacopo Venturini, CEO Maison Valentino stated that he was happy to affix forces with Reliance Manufacturers Restricted to launch the model in India. “The upcoming retailer opening represents a major step in Valentino’s world technique, and we’re honored to be a part of the nation’s rising retail market, permitting the corporate and the Valentino Group to develop in a stable method, in accordance with our values and model tradition,” he stated.
“As per the brand new enterprise mannequin, we’re leveraging the sturdy relationships between the model, its gross sales drive and the shoppers, hinged on our Couture values – obsession for element, creativity and shopper centricity – that along with human capital and teamwork are on the core of the corporate tradition and the primary drivers of its evolution,” the Valentino CEO added.
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