Damiani express interest in India's single brand retail sector

Damiani, the luxury Italian brand has expressed interest to be part of India's single brand retail sector. At present there is one Damiani outlet in New Delhi, which opened this year.

To take its plans ahead, Damiani India has filed an application with the Foreign Investment Promotion Board (FIPB) in the Finance Ministry, reports say. Damiani India will seek permission for single-brand retail business in collaboration with Damiani International B.B, Italy, reports add.