Luxury goods major Michael Kors plans to add more outlets in India

Michael Kors Holdings, one of the luxury goods makers in the world, is now planning to add more outlets in India. This label is now present in Delhi, Mumbai, Kolkata and Bangalore receiving good response. More stores are being planned for opening in the current fiscal year as the label seeks to tap a market for luxury goods that grew 30 percent to reach 8.5 billion in sales last year, according to a study by consulting firm KPMG and Assocham. The luxury sector includes products such as apparel, accessories, home decor, pens, watches, wines and spirits. Such boost in the luxury sector as well as store expansion plan of Michael Kors will give retail players new opportunity to tap business.