Resurgent Retail - Powered by Rising Domestic Consumption

RESURGENT RETAIL

This high attractiveness has caught the eye of many global brands. In the last 6-7 years, many brands have planned to enter India to partake in the growing consumption story. Some of the leading global retail chains that entered India during the last 7 years include:

Popular International brands that entered India in recent years

Armani Exchange, Cole Haan, Heatwave, Muji, Massimo Duti, Neil Barett 2016

MiNISO, Kate Spade 2017

IKEA, American Eagle, Ted Baker 2018

Under Armour, Go Sport, Replay, Hummel, Kenneth Cole 2019

7Eleven, Philipp Plein*, & Billionaire * 2021

Valentino, Tim Hortons, Popeyes, & McLaren 2022

Balenciaga, Apple, Pret A Manger, Pottery Barn Kids, Brioni, Laderach, Ligne Roset, Kiabi* 2023

Nars Cosmetics Maison Margiela, Time Vallée, Charles Tyrwhitt, Next*, & Laura Mercier* 2024

Source: various media sources * Brands have entered India through an online presence with marketplace model or individually

Present

No. of Global Brands Entering India

12 Pre-COVID yearly average

01 2020 2023 24

2021 03 2024E 25

2022 11

Source: IBEF, other media sources

16