Digjam,Holland
New Delhi, Oct 14 (UNI) Eyeing the country's fast growing luxury apparel market, Digjam Ltd and Holland&Sherry today launched the world's most expensive tailoring cloth -- Vicuna Aymara -- priced at Rs 30 lakh per suit length.
''People in India now have enough disposable income...the demand for high class, expensive products is increasing, and keeping this in mind, we have tied-up with the world's most prestigious cloth weaver Holland&Sherry to bring its exclusive range in the country,'' Digjam Managing Director C L Rathi said here.
Made up of a lustrous worsted spun jacket fabric, the tailoring marterial is chic and stylish, and that is why it is premium and highly priced, Mr Rathi said.
About its retail plans and sales target, he said the company will be selling the Vicuna Aymara through the upper-end retailers in its distribution network in major metros and towns.
''Since it is an exclusive quality product, we just want it to be bought and admired by the Indian consumers...as of now, we have not set any sales traget,'' he added.
Asked
whether
the
tie-up
will
bring
out
something
for
the
Indian
middle
class,
Mr
Rathi
said,
''We
expect
to
bring
tailoring
material
priced
in
the
range
of
Rs
4,000-Rs
5,000
per
metre.
That
means,
a
middle
class
person
can
easily
afford
a
suit
length,
priced
reasonably
in
the
range
of
Rs
16,000-Rs
20,000...if
people
want
something
below
this
price
range,
then
Digjam
itself
a
good
option
for
them.''
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