COS, a premium fashion brand under H&M Group, is preparing to open its second India store at Bengaluru's Phoenix Mall of Asia. Job platform Business of Fashion has repeatedly listed a store manager position for this location since February 2026, suggesting the opening is imminent.
COS only opened its first India store in October 2025, at Nexus Select Citywalk in New Delhi. The speed of expanding to Bengaluru in about half a year speaks to H&M Group's seriousness about the Indian market.
COS's first India store opened on October 2, 2025, on the ground floor of Nexus Select Citywalk Mall in New Delhi's Saket district. The store spans 200 square meters.
The interior was designed by COS headquarters' in-house team around the concept of "exploring craftsmanship, materials, and contemporary culture." The flooring uses 90%-recycled terrazzo tile, and the walls are finished in Armourcoat clay-lime plaster. Fixtures use aluminum rails, and furniture includes Cassina chairs and Ligne Roset sofas, expressing the brand's aesthetic throughout the space.
Pricing is set at the same level as London, taking a clearly premium position in the Indian market. Online sales are not planned for the time being, with a policy of prioritizing the in-store experience.
| Item | Details |
|---|---|
| Established | 2007, London |
| Parent company | H&M Group |
| Global store count | 239 stores (48 countries) |
| Online presence | 38 markets |
| India stores | 1st store: New Delhi (October 2025), 2nd store: Bengaluru (in preparation) |
| Concept | Timeless design, sustainable materials, minimalism |
| Price range | Same level as London (premium in India) |
Phoenix Mall of Asia is a mega-mall in the Yelahanka area of northern Bengaluru, in one of the fastest-growing areas even within a Bengaluru already dense with IT companies. H&M already operates a large store there (2,500 square meters), and placing sister brand COS next to it aims to make the group's portfolio strategy visible.
Bengaluru is known as India's IT capital, concentrating high-income tech workers in their 20s and 30s. COS's stated positioning as "a thinking person's answer to fast fashion" has a strong affinity with this segment.
Fashion trade media Voice of Fashion has praised COS's entry into India as "accurately capturing the segment of Indian consumers resonating with the 'quiet luxury' trend."
Inside Retail Asia analyzed that "H&M Group starting to roll out upper-tier brands like COS and ARKET in India, not just the 'H&M' brand itself, is proof that it has begun positioning the Indian market as a premium segment, not merely a volume zone."
Esquire India reported that "COS's Delhi store brought London pricing over as-is, yet customers never stopped coming from day one. India's upper consumer segment is ready to pay a premium."
The points Japanese apparel brands can learn from COS's India rollout are clear.
First, the fact that "premium pricing can compete even in India." While UNIQLO adjusted its pricing to enter India, COS has maintained London pricing. Japanese designer brands and select-shop brands don't necessarily need to discount for the Indian market either.
Second, the importance of mall selection. Premium malls like Phoenix Mall of Asia and Nexus Select Citywalk have strict tenant screening, but in exchange bring in customers with high purchasing power. If Japanese brands are to open stores, an early approach to the leasing staff at such premium malls becomes key.
Third, a staged approach of opening one store first in Delhi or Bengaluru, watching the response, and then rolling out nationally. COS has deliberately put off online sales, taking a strategy of leading with the brand experience.
In 2026, six or more companies including Lululemon, Off-White, and Yves Rocher are planning their first India entries, and the rush of premium-to-luxury foreign brands into India continues. COS's Bengaluru opening is part of that same trend, and competition for tenants at India's premium malls is intensifying.
As with Nothing setting up its first global flagship store in Bengaluru, Bengaluru is becoming one of the cities in India best suited for brand experimentation.
| Item | Details |
|---|---|
| Store name | COS Bengaluru store (planned) |
| Location | Phoenix Mall of Asia, Yelahanka, Bengaluru |
| Opening timing | Sometime in 2026 (job listing active, specific date undisclosed) |
| Merchandise | Men's and women's wear, accessories |
| Price range | Same level as London (premium range) |
| For reference, first store | Nexus Select Citywalk, New Delhi (200 m², opened October 2025) |
COS's move into Bengaluru shows that H&M Group is upgrading India from "a market for H&M alone" to "a market for multi-brand rollout." The Delhi-to-Bengaluru, north-to-south rollout suggests an intent to capture premium consumers across the whole of India.
The implication for Japanese apparel is the arrival of "an India where premium pricing can compete." A concrete first step would be approaching the leasing staff at Phoenix Mall of Asia and test-marketing through a pop-up opening in Bengaluru.
Source:
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