India's Retail giant Shoppers’ Stop is planning to launch luxury brand outlets, Verdi, to attract the booming market. Keeping with the Company’s traditional approach, luxury stores will be one-stop-shop malls, with the concept of shop-in-shop.

Covering 1.2 lakh square feet each, most of these outlets will be located in metros and major cities like Bangalore, Mumbai and Delhi. These stores will house top international high-end fashion and lifestyle brands, aiming the upper-middle and upper range class.

Target consumers are expected to be fashion crazy youngsters in 20s to 40s and well-to-do socialites looking to flaunt their status.

Source: Fibre2fashion.com