Jio World Plaza: The company has leased the space through its subsidiary Christian Dior Trading India at monthly rentals of Rs 21.56 lakh, or Rs 650 per sq ft based on minimum monthly guaranteed sum or net revenue share, whichever is higher, showed the documents accessed through FloorTap.com.
Christian Dior s Indian subsidiary, Christian Dior Trading India, has leased retail space in Mumbai s business district from Reliance Industries for a term of 9.5 years. The space is located in Jio World Plaza and will be used to operate a Christian Dior store. The agreement includes a lock-in period of 36 months and rental escalation clauses.
French luxury fashion house Christian Dior has leased two large units in Jio World Plaza, a yet-to-open luxury mall, part of Jio World Centre, in Mumbai s Bandra-Kurla Complex, signaling a push by the world s top luxury brands to lure wealthy Indian shoppers