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India’s Luxury Market Estimated to Cross $14 bn in Next 3 Yrs: ASSOCHAM

India’s luxury lifestyle market has remained largely unaffected by the economic slowdown in 2013 and touched around $8.5 billion with growth rate of 25-30 percent in 2013 as against $6.5 bn in 2012, according to a recent paper by...

“The creative scope in India is immense!”

John Dawes, Director - UK, Benoy, talks to “Shopping Centre News” about the overall mall scenario, his company’s business and design strategy for the country, how the Indian market stacks up in terms of mall design, and how the...

Supertech’s Noida luxury project to have 1 million sq.ft. of retail space

Noida-based property developer Supertech is going to begin construction in January on North India’s biggest mixed-use development called Supernova with a total investment of Rs 2,000 crore.The luxury property in Sector 94 of Noida just across the Delhi border...

LVMH sees no sign of slowdown in luxury after profit surpasses estimates

LVMH Moet Hennessy Louis Vuitton SA (MC), the maker of Celine handbags and TAG Heuer watches, sees no sign of a slowdown in demand for luxury goods after reporting first- half profit that beat analysts’ estimates.Net income climbed 25...

De Beers eyes China expansion

De Beers SA, the world's largest producer of rough diamonds, said Tuesday it plans to further expand its retail outlets in China this year as it expects China, India and the Middle East to outpace U.S. demand by 2015. The...

US brand A&F heading East

Ohio-based casual luxury brand, Abercrombie & Fitch (A&F), is exploring opportunities to enter the India market, said industry insiders. With the American economy still recovering with the market reaching full potential, US companies like Abercombie is planning to tap...

LVMH co Sephora in JV talks with Rel Brands

Reliance Brands, a privately held firm of Reliance Industries chairman Mukesh Ambani, has been in talks to launch Louis Vuitton Moet Hennessy (LVMH) owned beauty retailer Sephora, and a high-end women's clothing brand BCBG, as the company looks to...

Luxury brands for classy airports and hybrid formats

The Indian version of the Fifth Avenue (New York) or the Bond Street (London) may be a long way off, but luxury brands hold significant promise in this market. So, in the absence of high streets, which are synonymous...

LVMH acquires Ole Henriksen

French luxury goods conglomerate, LVMH Moët Hennessy Louis Vuitton has acquired luxury botanical skin care brand Ole Henriksen.The Scandinavian skincare range entered LVMH-owned Sephora in 2006, and has steadily expanded across the beauty retailer’s doors domestically and abroad.“I sent...

Marc Jacobs to create plus-size line

Marc Jacobs, a successful design label, is set to become the first major fashion house to produce a clothing line catering for women bigger than size 14. Although there is yet to be an official announcement, Robert Duffy, President...
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H&M opens 61st India store in Pune

The new H&M store is located at Kopa Mall.New Delhi: Swedish fashion brand Hennes & Mauritz (H&M) has opened...
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