date:Oct 25, 2012
erent luxury avenues for expansion.
Shah added, We plan to open stores in tier-I and tier-II cities, beginning with the metros in India. We have two formats in place - kiosk and store. The kiosk would suit the tier-I and tier-II cities, since there are consumers out there and they frequent the mall more compared to high street locations. The the store format would need an investment of Rs 50-55 lakh and the kiosk model would cost around Rs 20-22 lakh.