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Kidswear brand Les Petits enters Hyderabad

The new outlet raises the total number of stores in India to four Bengaluru: Les Petits, a luxury fashion brand for kids, strengthened its foothold in South India with the launch of a new store in Hyderabad at Banjara Hills, the...

The impact of COVID-19 on luxury segment

The novel Coronavirus has dramatically changed things overnight. The pandemic has presented a paradigm shift in consumer behaviour, whether it is with regards to the daily lifestyle or spending on luxurious goods. COVID-19 has slashed revenues to half for...

Luxottica Group and Versace renew license agreement

Luxottica Group and Versace announced the early renewal of an exclusive license agreement for the development, production and worldwide distribution of sunglasses and prescription frames under the Versace brand. The ten-year renewal is effective starting April 1, 2020 and...

Indian Online Kidswear Market: Comes out of infancy stage, registers growth

Fathom this - e-commerce marketplace fashion player Myntra has more than 400+ kidswear brands listed on their portal. Amazon has close to over 200 and Flipkart has over 2,000+ brands listed under their kidswear category! The online market for...

Alibaba’s 6.18 Mid-Year Shopping Festival breaks records across China

Alibaba Group’s Taobao and Tmall shattered multiple records during this year’s '6.18 Mid-Year Shopping Festival,' sating a rising demand from consumers in less-developed cities for quality products.This 6.18 was the most-inclusive ever, with over 200,000 brands taking part. Innovative...

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...

Michael Kors acquires Versace; to be renamed as Capri Holdings Limited

Michael Kors Holdings Limited, a global fashion luxury group, announced that a definitive agreement has been signed to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace S.p.A. for a total enterprise value of Euro...

Italian fashion and lifestyle major Versace plans to launch furniture range in India

Italian fashion and lifestyle major Gianni Versace is planning to bring in its range of furniture in India to tap the fast-growing luxury market here.According to a PTI report: At present, furniture is the only product category in Versace’s...

Himalaya Optical opens second store in Nagpur

In the rapidly expanding Indian retail scenario, the consumers are demonstrating a rare aptitude towards shopping. The best and the widest collection under one roof, coupled with the finest retailing experience, is the demand of today’s shoppers. Glitzy stores...

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...
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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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