Aditya Birla Fashion and Retail Ltd (ABFRL) is set to debut French luxury department store Galeries Lafayette in India with a massive flagship store opening in Mumbai’s Kala Ghoda district this November. This partnership heralds a new chapter in India’s premium retail landscape, marking a significant step into international luxury fashion for domestic consumers.
The upcoming five-storey flagship outlet in the Turner Morrison and Voltas House heritage buildings spans 90,000 sq. ft. and will showcase more than 270 global and Indian designer brands.
Approximately 70% of these labels will make their Indian debut. This launch comes at a time when India’s luxury market is poised for exponential growth — expected to jump from $20 billion to nearly $90 billion by 2030.
Conceptualised by London design studio Virgile + Partners, the Mumbai store will bring Galeries Lafayette’s iconic Parisian style blended with Indian cultural elements. The store will offer not just fashion but also services like dedicated personal styling, luxury concierge, private lounges, and curated cultural events, thus aiming to elevate the retail experience for Indian consumers.
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The addition of Galeries Lafayette to ABFRL’s portfolio complements its existing luxury brand The Collective, which operates 30+ stores in India. While The Collective offers bridge-to-luxury options, Galeries Lafayette will provide access to a much broader range of premium global brands, significantly deepening the group’s luxury positioning.
While Mumbai takes the lead, plans for a second flagship in Delhi are already in motion. ABFRL is currently scouting for the ideal location in the capital, although the store is likely to launch only in 2 to 3 years. Meanwhile, Galeries Lafayette is also exploring options to bring its in-house brands and possibly more branches to the Indian retail space.
On October 16, 2025, Aditya Birla Fashion and Retail share price opened at ₹83.45 on NSE, near the previous close of ₹83.45. During the day, it surged to ₹84.18 and dipped to ₹82.81. The stock is trading at ₹83.34 as of 2:32 PM. The stock registered a marginal change of -0.13%.
Over the past week, it has moved up by 0.18%, over the past month, it has declined by 7.57%, and over the past 3 months, it has moved up by 9.13%.
Aditya Birla’s partnership with Galeries Lafayette marks a notable shift in India’s luxury retail sector. With Indian consumers showing greater interest in global fashion experiences, the Mumbai flagship aims to set a new benchmark for retail innovation and luxury positioning in the country.
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Published on: Oct 16, 2025, 3:58 PM IST
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