The presence of luxury brands for men may increase, as Ralph Lauren is planning to enter the country. Ralph Lauren is said to be in talks with players like Murjani group, Madura Garments and Tata for making a foray in India. The Tata group is said to be the favourite so far.
Polo Ralph Lauren is in the middle of firming up its Asia strategy. The company has not made it clear whether it will take the standalone store route or any other. Polo Ralph Lauren has a market cap of $5.5 billion, and has $3.74 billion revenue per year.