Accessorize London, a prominent accessory destination, is anticipating a positive turn with the upcoming festive season. Starting in August with celebrations like Friendship Day, Raksha Bandhan, Navratri, Ganesh Chaturthi, and Diwali, the brand sees early signs of revival during the ongoing festival season.
This optimistic outlook is supported by the rising number of malls across India. Despite recent challenges, retail malls in India maintain a significant market position. The sector has shown resilience and adaptability, reinforcing the prominence of retail shopping.
“Malls are not just shopping destinations but community hubs that build a lot of credibility and trust among consumers. As we look forward, the growth of retail malls remains promising, driven by innovative approaches and an ever-evolving consumer landscape. India is known for festivals & we being in fashion accessories it’s the biggest season. So excited for festive season as purchase intent goes high because of festivals. We are estimating 20-30% growth during the upcoming festive season,” says Kumar Saurabh, CEO, Planet Retail Holdings Pvt Ltd. (Accessorize London).
Upcoming malls, especially in Tier 1 cities, are evolving into architecturally progressive urban spaces that blend leisure, entertainment, and community spaces. The largest malls are adopting technology for a good mix of brand categories, sustainable design solutions, efficient parking, managing footfall, and food courts.
Accessorize London, a UK-based brand, has carved a niche in fashion accessories. Known for its blend of style and sustainability, it offers a variety of products including bags, jewellery, and hair accessories. With 27 current stores and more in the pipeline, Accessorize London is present in prime metro cities such as Mumbai, Delhi, Bangalore, Hyderabad, Kolkata, and Pune.
