08 April, 2005
Share8 April 2005
Louis Philippe, India's menswear superbrand and the benchmark in formal menswear in India has capitalized on its equity as "The Upper Crest" and crossed the Rs. 175 crore mark (MRP Sales) in the last fiscal.
Launched in 1989, Louis Philippe heralded the creation of the super premium segment in the Indian market. Launched as signed designer wear with the product promise of being the perfect shirt, it soon moved into a position where it stood for being the Upper Crest and with the product promise of offering 'Nothing but the best'.
How has Louis Philippe achieved this benchmark?
This has led to a slew of innovative products that only the brand offers or ones in which it is a major player
While a lot of competition brands are expected to be reeling under the onslaught of international brands, Louis Philippe expects to strengthen its position in the market in the coming three years. This is primarily because of the following reasons
Speaking about Louis Philippe's achievement, Mr. Hemchandra Javeri, President, Madura Garments, states, "This is just the beginning. Louis Philippe sees the arrival of international brands as an opportunity as it will further stoke consumer interest in the super premium category of readymade garments, a category that Louis Philippe has been slowly developing and seeding. Today, it is poised to reap the benefits and is all set to target high growth (in MRP sales) within the next three years "
The brand is available in flagship stores, exclusive brand outlets, Planet Fashion, Trouser Town, departmental stores and major multibrand outlets.