India's Nirav Modi Launches NYC Boutique

Retail and Consumer Confidence
10/09/2015 17:01

Hollywood, Bollywood and a couple of Trumps turned out for the official opening of Indian luxury jewelry retailer Nirav Modi's boutique on Madison Avenue, its first in the US. "Establishing a presence in the United States is a key milestone of our growth strategy as a leading international luxury brand," Modi said on the occasion of the launch. For the occasion, Modi displayed a Maharani diamond necklace and earring set valued at $1.65 million in the store window. The NYC store is the company's fourth, following Hong Kong, Mumbai and New Delhi.