Fine Italian Suiting Company, Georgia Gullini is on a mission to change the way men dress in Mumbai. The company has just announced aggressive expansion plans within the state of Maharashtra and within India.
Georgia Gullini, promoted by world leaders in wool technologies, crafts premium suit fabrics using high quality wool and blends that capture Italy’s spirit for elegance, beauty and perfection. Through their suiting, they aim to offer global fashion at competitive price points and cater to the mid-premium and premium segment.
Since their introduction in India, Georgia Gullini has proven to be a fast growing brand in the textile segment. Within Maharashtra, the company will be expanding not only in Mumbai but also into Nagpur, Kolhapur, Pune, Aurangabad, Baramati, Ahmednagar, Satara, Solapur, Kolhapur, Jalana, Latur, Nanded and Jalgaon. Pan India, Georgia Gullini has appointed 1400 well known distributors.
Commenting on the expansion, Vivek Mehta, CEO of Georgia Gullini said “At Georgia, we want to re-invent luxury in fashion formal wear. Our objective is to ensure the right amalgamation of fashion and quality. We will be offering a broad spectrum of fabrics and designs that will enable us to cater to most socio-economic segments within Mumbai. We are very excited about these new partnerships and look forward to establishing ourselves within these new markets”.
A spokesperson at Babubhai Jagjivandas, Mumbai, which stocks Georgia Gullini suiting, said, “Georgia Gullini is a very versatile suiting brand because they produce fabrics for a range of customers. While their premium Caviar range retails at approximately Rs 3500/metre, their crystal range retails for approximately Rs 800/metre. Georgia Gullini is a strong brand that is growing in popularity and it is great to know that they have achieved their milestone of having a strong distributor base in Mumbai. We look forward to a strong and long-term relationship with Georgia Gullini.
The quarterly Total Operating Income of the Company was reported as Rs 278.0 million, as compared to Rs 127.3 million for the same period of the ...