Zegna CEO: India to reach the levels of luxury consumption in China in 10 to 15 years
With the inauguration of the ZegnArt project in Mumbai - India, Gildo Zegna, CEO of Italian luxury menswear house Ermenegildo Zegna said that India will likely reach the levels of luxury consumption of China in 10 to 15 years. In India, Zegna operates 5 stores in joint venture with Reliance Group, while in China it operates directlty 100 stores nationwide.
The ZegnArt project features the works of Reena Kallat, curated by Anna Zegna, the exhibition being on display at the Dr Bhau Daji Lad Museum in Mumbai until 15 May. The ZegnArt project will be hosted in Turkey and Brazil in 2014, coinciding with the Art Biennale in each countries.