The RP-Sanjiv Goenka Group (RPSG) is preparing plans to expand couture label Falguni Shane Peacock (FSP) internationally, months after acquiring a 40% strategic stake in the designer brand. The move marks the conglomerate’s first foray into the luxury fashion segment.
The investment is expected to support the scaling up of FSP’s global retail footprint and manufacturing capacity, while also facilitating the introduction of new product categories. Shivika Goenka, Director – Luxury & Education at the RPSG Group, said the brand combined a strong design sensibility with significant global appeal, making it well suited for international expansion.
According to Goenka, the group is evaluating markets such as New York for retail presence, while also assessing other international locations for building manufacturing capabilities. She said the objective was to take the brand beyond India and establish it as a globally recognised luxury label.
FSP recently opened a store at JioWorld Plaza in Mumbai, its first retail launch following the RPSG partnership. The brand is also planning a collaboration with actor Katrina Kaif’s beauty label, Kay Beauty. In addition, it is expected to benefit from RPSG’s existing luxury retail infrastructure, including a proposed store at Quest Mall in Kolkata, which is positioned as the city’s sole luxury retail destination. The group is also exploring potential collaborations between FSP and The Gift Studio, its premium gifting business.
RPSG’s entry into luxury fashion comes amid increasing interest from Indian conglomerates in backing domestic designer brands. Reliance Brands has invested in labels such as Manish Malhotra, Ritu Kumar, and Abu Jani Sandeep Khosla, while also entering joint ventures with international fashion houses including Valentino, Armani and Burberry. Aditya Birla Fashion and Retail, meanwhile, has acquired stakes in Sabyasachi, Shantanu & Nikhil, Tarun Tahiliani and House of Masaba.
Acknowledging the competitive landscape, Goenka said several leading designers were already backed by larger groups, but emphasised that RPSG was adopting a differentiated strategy. She said the group was not seeking to license international luxury brands for the Indian market, instead focusing on scaling Indian designer labels for global audiences.
The investment in FSP reflects a broader ambition to build a portfolio of luxury brands over time. Goenka said the group aimed to develop a “house of brands” in the luxury space and believed that a small number of Indian labels, supported by capital and infrastructure, had the potential to gain global prominence.
She added that RPSG’s role would centre on strengthening operational and retail infrastructure while preserving the designer’s creative independence. According to her, maintaining creative control with the designer was essential to enable long-term brand vision and growth.
