'Great scope for Genesis' products in Europe'
Ravi Thakran, managing partner at L Capital Asia, a PE fund says investment in Genesis Luxury in which the fund has acquired 25.5 per cent will be made in two tranches. Daniel Piette, president and managing partner at L Capital says there is great potential for fashion products by Genesis in Europe. Sanjay Kapoor MD at Genesis Luxury says the company is exploring opportunities to fulfill needs of Indian consumers.
