Indian-Italian handbag and accessories retailer Da Milano is aiming to be operating 100 stores by the end of this financial year, including in Singapore. The company offers “affordable luxury” items and is likely to open further locations in airports and Tier II and III cities across India. It currently runs 80 stores across the country, as well as three in Dubai and one in Nepal.
Stores are scheduled for launch in London, Singapore and more in Dubai. Its distribution network currently covers eight countries, retailing the brand’s more than 300 products per season. Designs are produced in collaboration between Italian and Indian teams.
Da Milano sales grew 25 per cent over the last financial year, with expansion expected to continue through 2019. Efforts to promote the brand online are at the forefront as the brand approaches its 30th anniversary.
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Top industry moves and market shifts
Weekly data-driven analysis from across Asia
Monday, Wednesday and the Friday Weekly Wrap
Read by retail operators, investors and brand teams across Asia.
