Luxury luggage brand Delsey Paris plans to double its investment in India over the next three years, aiming to double its business in the country. The company sees India as a key growth market despite global economic headwinds.
Delsey Paris's increased investment in India signals confidence in the country's growing consumer market and its potential as a significant revenue driver for the luxury travel accessories sector.
Parisian luxury luggage brand Delsey Paris is set to double its investment in India, with plans to double its business in the country within three years. Global CEO Gilles Bariguian indicated that India is among the brand's top five priority markets, contributing 5% to its overall business with a significant 20% annual revenue growth.
The brand's expansion strategy includes opening 5-7 new stores annually, adding to its existing network of over 150 points of sale, including 45 exclusive stores. Delsey Paris is also targeting smaller cities such as Chennai and Ahmedabad. While the company does not currently source manufacturing from India due to quality and finish concerns, it remains open to exploring such opportunities in the future.
Globally, Delsey Paris anticipates flattened growth in 2026-27 due to the impact of the ongoing Middle East conflict, which has disrupted shipping and product availability. Despite these global challenges, the company is optimistic about future growth, driven by a strong pipeline of innovations and an increasing focus on online sales.