India’s luxury retail trailblazer Darshan Mehta passes away at 63

He notes that luxury retail in India would not be where it is today without Mehta.

Mishra claims: “Mr Mehta was not only a mentor to me, however likewise a directing pressure for our whole group. He played an essential role in the launch of our ready-to-wear label AFEW, and his steady vision and understanding assisted us every step of the means. His understanding of international luxury and his drive to bring the exact same level of excellence to India has actually constantly been deeply motivating. He was, without a doubt, among minority individuals with such enthusiasm for India’s possible and his heritage lives on through his life’s job and the growing community he developed from the ground up.”

There were only a few deluxe brand names in India prior to RBL– today, India is in every global brand name’s eye, and that truly is since of Mehta,” says Sethi. He was the most known and reputable name from India when it comes to deluxe retail. It is a loss for both worldwide high-end and the Indian design community.”

Darshan Mehta, starting chief executive officer and former managing supervisor of Reliance Brands Limited (RBL)– the firm that functions as the Indian companion for greater than 90 brands including Armani, Versace, Burberry, Jimmy Choo and Zegna– passed away on Wednesday morning in Hyperabad following a sudden cardiac arrest.

While Mehta stepped down from his executive placement in November last year, he preserved his function as a non-executive supervisor on the RBL board and had also taken on a mentoring setting within the group. He was last seen by many in the sector at Lakmé Fashion Week, in collaboration with the Style Layout Council of India (FDCI), which wrapped up at the end of March. He notes that luxury retail in India would not be where it is today without Mehta.

Prior to signing up with Ambani-owned Dependence in 2007, Mehta was head of state of Arvind Brands Limited, a company understood for its domestic costs tags and as the retail partner for Tommy Hilfiger India. A chartered accounting professional by training, he thought that it was time for Indian stylist to make their mark. During his tenure at RBL, and under the umbrella of RBL’s parent business Dependence Industries, the team started investing in or partnering with a variety of Indian developer brands in recent years, consisting of Abu Jani Sandeep Khosla, Manish Malhotra, Ritu Kumar and Rahul Mishra.

There were only a couple of high-end brand names in India prior to RBL– today, India is in every worldwide brand’s eye, and that truly is since of Mehta,” claims Sethi. Before joining Ambani-owned Reliance in 2007, Mehta was head of state of Arvind Brands Limited, a business known for its homemade premium tags and as the retail companion for Tommy Hilfiger India. Throughout his period at RBL, and under the umbrella of RBL’s moms and dad company Dependence Industries, the team started spending in or partnering with a number of Indian developer brands in current years, consisting of Abu Jani Sandeep Khosla, Manish Malhotra, Ritu Kumar and Rahul Mishra.