By  on October 11, 2011

India and the Middle East are emerging markets yet India is “close to the inflexion point to where China was 15 years ago,” said Sanjay Kapoor, managing director of Genesis Luxury Fashion Pvt. Ltd., which owns Indian fashion labels, operates stores and partners with foreign brands entering the country.

And the Middle East is “quite volatile,” observed Said G. Daher, chief executive officer of Azadea Group, which is based in Lebanon and manages over 35 brands in the region. “We live in a market where we are not sure what’s going to happen in the next week, especially after the Arab Spring, which is actually boosting the retail market.”

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