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Ambience to introduce mall-in-mall for luxury goods, usher in many new brands: Benu Sehgal

Benu Sehgal, the power woman that turned around DLF Mall, Saket in just about six months when she was the Senior Vice President of DLF Utilities Limited and Mall Head of DLF Place, Saket has now taken the charge...

Michael Kors to shutter 100 to 125 full-price stores over two years

Michael Kors said Wednesday it will close 100 to 125 full-price stores over the next two years. The company had 827 retail locations as of April 1. The closures are intended to improve profitability, Michael Kors said. The retailer anticipates...

America’s iconic brand Brooks Brothers forays on Tata CLiQ

Tata CLiQ Luxury, the Tata group’s multi-brand luxury e-commerce platform has announced the addition of America’s iconic clothing brand Brooks Brothers to its brand portfolio. Tata CLiQ Luxury will host more than 500 curated styles from Brooks Brothers Main Line...

East India: The retail market of tomorrow

Some analysts may refer to east India as a relatively under-developed region in the context of retailing growth and evolution. However, this market has been on a growth trajectory since the turn of new millennium. The growth has been...

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...

Luxury Millennial Shoppers: Trends & Insights to Reach Luxury Millennial Consumers

In terms of online market share, Michael Kors, Ralph Lauren and Coach reign supreme; the three of them take 63.5 per cent of the share of online visits to the luxury apparel industry. Louise Vuitton, Gucci and Chanel are the...

13 global apparel and accessory giants and their India success stories

The global apparel retail industry is big not only in terms of its consumer base, but also in numbers, brand players and influencers. Statistically speaking, the industry’s value in 2015 was US $1,377.5 billion – a 3 per cent...

17 luxury fashion retail brands Indians love

Luxury has made India its home. From Armani to Chanel and Ermenegildo Zegna to Versace, each has created establishments in the country. Additionally, the already existing brands such as Gucci, Armani, Hugo Boss, Louis Vuitton, Hermes, Jimmy Choo etc., are...

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...

India currently home to a booming e-commerce business

Digital is not perceived only as a sales channel anymore as it has become a way of life, says a representative of Fossil Group, a brand that owns the franchisee of some sought after foreign labels like Michael Kors,...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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