×
314
Fashion Jobs
HALONIX TECHNOLOGIES
Area Sales Manager/Territory Manager - Institutional Sales
Permanent · Dehradun
GOKALDAS EXPORTS
Manager - Warehouse (Apparel / Garment Background)
Permanent · Bengaluru
ADIDAS
Director - Finance fp&a Fsf
Permanent · CHENNAI
ADIDAS
Manager Digital Analytics - Product
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant
Permanent · GURUGRAM
RJCUBE STAFFING SOLUTIONS
Production Manager - Upholstery (Leather & Fabrics) For Greater Noida
Permanent · Greater Noida
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments-Woven/Knits For Garments Buying House, Noida
Permanent · Noida
NIKE
Information Security Risk Analyst (Grc) – Cis
Permanent · Bengaluru
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments (Jersey, Etc) For Garments Buying House, Noida
Permanent · Noida
ZEN TECHNO ENGINEERING PVT LTD.
Production Manager
Permanent · Pune
ADIDAS
Manager Buying & Planning Operations
Permanent · GURUGRAM
ADIDAS
Product Owner Data Foundations
Permanent · GURUGRAM
ADIDAS
Senior Product Owner
Permanent · GURUGRAM
ADIDAS
Product Owner
Permanent · GURUGRAM
CROCS
Associate Demand Planner
Permanent ·
CROCS
HR Manager
Permanent ·
BRIDGING TALENTS
Quality Control Manager ii Retail Fashion Brand ii Jaipur / Bangalore
Permanent · Bengaluru
ALLEGIS GROUP
Opening For Sales Manager - Chennai & Kolkata
Permanent · Chennai
IDFC FIRST BANK
Opening For Area Sales Manager - Corporate Salary Mumbai
Permanent · Mumbai
TATA AUTOCOMP
Opening For Production Head at Chinchwad Plant
Permanent · Pune
THE BANYAN HR CONSULTS
Regional Sales Manager For Women's Wear Garments CO For Delhi & Ncr
Permanent · National Capital Region
PEOPLE ALLIANCE WORKFORCE
Quality Manager / Quality Head - Garments Manufacturing Company
Permanent · National Capital Region
By
AFP
Published
Jun 14, 2013
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Galeries Lafayette opens in Indonesia

By
AFP
Published
Jun 14, 2013

JAKARTA, Indonesia – Thursday marked the opening of Galeries Lafayette’s first store in Indonesia ahead of a planned opening in China this September. It seems the French group is once again looking to conquer the Asian luxury after a first attempt in the eighties and nineties.


With 240 million inhabitants, Indonesia is the planet fourth largest population and has become a go-to destination for many luxury brands. With growth upwards of 6% a year, Indonesia is at the head of the G20 group of rich and emergent countries and is the biggest Muslim nation to see such rapid growth of its upper class.

LVMH, Gucci, Prada and Chanel all have retail space in the country’s many shopping centres, with many choosing to focus on the capital Jakarta with its population of 20 million. In this lucrative market, Galeries Lafayette has long been absent.

When talking of its decision to open in Indonesia, Philippe Houzé, chairman of the board at Galeries Lafayette said that South East Asia’s first economy has “potential and very rapid growth.”

The group had already made an attempt to break into the market in the eighties and nineties but stores in Singapore and Beijing were forced to closed, with local press speculating that the group has been making tens of millions in losses.

“We did not have the right partners and our stores were not adapted to the market needs and expectations,” Philippe Houzé.


This time around, Galeries Lafayette chose to work with Mitra Adiperkasa, a group which operates 1400 points of sale in Indonesia and it the number one lifestyle retailer in the country.

The company plans to not be misled this time around and intends to go about business in a professional manner, focusing less on what a typical French department store is and “mixing in elements of the local lifestyle.”

This point constitutes the main thread of Galeries Lafayette’s international expansion plan. Currently, just four of the 64 Lafayette stores are located outside of its domestic market, France. Before the Indonesia, the company opened stores in Berlin in 1996, Dubai in 2009 and Casablanca in 2011. Beijing is the next map with a scheduled opening for September and stores in Turkey and Qatar are on the cards for 2015.

In 2012 the group reported revenue of 3.7 billion euros. The investment figures for this new store opening have not been disclosed.

Loïc VENNIN

Copyright © 2023 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.