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DLF Luxury Malls to host its annual Luxury Shopping Festival

DLF group is hosting its annual Luxury Shopping Festival from May 25th to June 9th at DLF Emporio and The ChanakyaNew Delhi: Shopping centre group DLF Luxury Malls is hosting its annual Luxury Shopping Festival from May 25 th...

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...

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...

Jimmy Choo profits leap more than double to 174 pc

Jimmy Choo, the high-end accessories label has posted posted a 174 per cent rise in pre-tax profits to £18.1million in the first six months of the year thanks to a store revamp and growing demand for its men’s range. Pretax...

Luxe Bridge to house iconic foreign brands

Luxe Bridge is the new entrant in the multi-retail format in India, bringing together a string of international designer labels under one roof. Genesis Luxury has launched the multi-brand fashion destination at the Ambience Mall here. It aims to bring...

Luxury retailer Coach tipped to buy Jimmy Choo in £1 billion deal

Luxury shoe and bag retailer Jimmy Choo, with market value of over 700 million pounds (Rs 5,800 crore), had in April 2017, put itself up for sale. The retailer said it had "decided to conduct a review of the...

Global fashion brands entering India

India is becoming a hot bed for international brands and over the past few years. The fact that India is now among the the fastest growing and highly competitive fashion markets in the world is fairly clear by the...

Retailer Jimmy Choo puts itself up for sale

Luxury shoe and bag retailer Jimmy Choo, with market value of over 700 million pounds (Rs 5,800 crore), has put itself up for sale. The retailer said it had "decided to conduct a review of the various strategic options open...

Paytm ties up with distributor of luxury labels in India, Genesis Luxury

Paytm has announced a partnership with Genesis Luxury, the company that markets and distributes the world’s best international luxury and premium labels in India. The partnership will enable customers to pay using Paytm at all Genesis stores of fashion brands...

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...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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