Italian group Giorgio Armani will take a majority stake in a joint venture with Indian realty firm DLF to set up its first outlet in India, a media report on Monday said.The Italian group will take a 51 per cent stake in a joint venture with DLF, the Indian property developer - the biggest presence it is allowed in the country under regulations.
According to the report, the first Armani outlet would be opened at a new super luxury mall being built by DLF, which also has a partnership with Dolce & Gabbana, in New Delhi.
