Retailigence

“Club of Knowledge Hunters”

Retail MNCs tap into Indian fashion talent

Posted by retailigence on November 23, 2008

Notwithstanding global economic slowdown overseas firms such as Versace, Landmark group and Ikea are scouting for students from the Indian fashion schools. Most of the firms are recruiting professionals for their Middle-East venture paying a salary of over 10-12 lakh per annum.

Dubai-based retail major Lals, which has hired around a dozen students from Pearl Academy of Fashion, has offered a package of around Rs 10 lakh per annum. Other companies such as Landmark Group, Versace and Ikea are also scouting fashion colleges such as National Institute of Fashion Technology (NIFT) and National Institute of Design (NID) for prospective employees.

Pearl Academy of Fashion is now expecting big brands such as Calvin Klein to visit their campus. “There has always been a demand for design students from international players. But this year retail majors have also approached us for retail students,” Pearl Academy’s group director AKG Nair said.

“We’ve been coming to all reputed fashion and technology colleges in India in the last few years. There has been no impact on our expansion plans. In fact, with the projected growth in the Middle-East economy, we’ll be continuing with hiring more,” Landmark group senior buyer Sujit Sinha said.

Sources :- Economic Times

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