Galeries Lafayette to enter India amid luxury boom
Its debut in India comes at a time when the luxury market, currently worth some $17bn (ยฃ12.6) in 2024, is projected to touch $85bn by 2030 .
Nicolas Houzรฉ, the executive chairman of Galeries Lafayette Group, called the launch "a defining moment" and "a new chapter" in its international journey.
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