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COVID-19 lockdown opens new markets for luxury industry

The COVID-19 pandemic has dramatically changed the retail industry almost overnight. As per recent reports by Bain & Co., and McKinsey, major luxury companies have swivelled focus to address urgent public health needs. Factories that were producing scarfs and...

Reliance buys additional stake in Future101, Genesis Colors

Billionaire Mukesh Ambani-led Reliance Industries has raised its stake in luxury apparel firms Future101 Design and Genesis Colors to strengthen its foothold in retail industry.Reliance Brands Ltd (RBL), a unit of RIL, "has acquired a further stake of 2.5...

Global Retailers in India: Moves, leaps & hurdles

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

JD.com, Farfetch partner to open ultimate gateway for bringing luxury brands to China

E-commerce giant JD.com, China’s largest retailer and Farfetch, the leading global e-commerce platform for the fashion industry, has announced a strategic partnership that will create the premier platform for luxury e-commerce across China, opening a gateway to an US...

5 trends that will define the future of the Indian apparel industry

Indian consumers and their apparel preferences are gradually changing, which in turn is altering the shape and size of the apparel business. Indian apparel, which was all about showcasing the country's rich cultural heritage, is slowly aligning itself to...

The tipping point of luxury retail in India: An indepth study

India’s luxury retail market is growing at a phenomenal pace. What will be its tipping point that will enable it overtake the Chinese market? Or will the numerous obstacles in its path fail the luxury retail industry in the...

The changing dynamics of shopping centres

No matter how far and deep the web of e-commerce across the globe, the allure of brick-and-mortar retail appears to endure. Not much, it seems, can replace the experience of shopping in a physical space. Discounts - the raison...

Retailing luxury watches online tough: CMD, Prime Luxury Watch

Luxury markets cannot change their identities. All they can do is offer something different, something unique in the products they are already selling. For example, Tag Heuer is trying to merge digital aspects like receiving calls, keeping track of the...

TataCLiQ.com signs up 12 global brands to sell on its platform

Tata group's e-commerce venture TataCLiQ.com has partnered with 12 international brands, including New Look, Oasis, Lipsy London, Phase Eight, Hawes & Curtis, to sell on its platform. These brands will offer exclusive range of products that will be made available...

LimeRoad forays into men's category

AM Marketplaces Pvt Ltd, which runs fashion e-tailer for women Limeroad, has entered the menswear category with the launch of a new segment—Limeroad for men—in a move that is likely to help the company boost revenue. The four-year-old company, founded...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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