The Marigold Group is a well known luxury purveyor, marketer and distributor of various International brands in India. The Group was formed in 2006 to set up various retail stores, bringing International Luxury Brands into India. The Group's head office is located in Mumbai along with an operational office in New Delhi.
The American Luxury Accessories Brand JUDITH LEIBER is distributed and retailed exclusively by the Marigold Group in India. The JUDITH LEIBER flagship store is located at the DLF Emporio Mall, New Delhi, as well as retailed from the exclusive women's apparel boutique XESS at Atria Mall, Mumbai.
In line with the Group's visionary outlook, Marigold Group was instrumental in identifying the synergy between Judith Leiber and Indian Designer Suneet Varma and orchestrated their collaboration. Suneet Varma has been appointed as the International Designer for JUDITH LEIBER globally, allowing his exclusive Brand to be further retailed out of Suneet Varma Retail outlets within India and be showcased at his Trunk Shows in Europe and the Far East.
The Marigold Group currently owns the XESS brand in India. The XESS store in Mumbai retails International Brands in the High End Ladies Apparel segment such as XESS Private Label, Argentovivo and Christies from Europe; Poleci and Walter from the USA alongside JUDITH LEIBER.
Continuing their expansion plan in bringing luxury to the Indian Retail segment, The Marigold Group has introduced Marigold Fine Art Gallery (MFA) in India. The MFA Galleries are at DLF Emporio, New Delhi & the Imperial and Ravissant, Mumbai. MFA exhibits and retails Contemporary European Art with Masters such as Salvador Dali, Pablo Picasso, Lorenzo Quinn and Patrick Hughes, making it the first Gallery of its kind in India. MFA is operated by an Executive Management team held by Gaurav and Vickram Assomull.
The Group has recently added one more coveted accessory to the bouquet of International luxury Brands by signing an exclusivity Agreement with Italian Design House Fornasetti. Soon to open in 2010, will be The Fornasetti flagship store.
By 2010, the Group plans to introduce new initiatives, such as expansion of the Group's existing Brand portfolio with additional retail spaces in other major Indian cities. Marigold intends to open 6 – 8 Retail Stores throughout India by 2011.
Currently, the Board Members have collectively invested over 8 crores in India. The Marigold Group plans to Invest a further 6 crores by the end of 2010. The Board of Directors of the Marigold Group are: Madan K Assomull (Chairman), Sangeeta Assomull (CEO), Asif Rangoonwala and Vrege Armoyan. The Board Members are involved in other Businesses worldwide, including Petroleum, Real Estate, Capital Funding and Manufacturing. This expertise by the Board Members plays an integral part in establishing a strongly financed and Management Based Board for the Marigold Group in India.
About the Author:More Information about the Marigold Group
