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The Phoenix Mills

Shopping centres in Mumbai resume operations; witness 15-20 pc footfall

Even as torrential rains lashed the city, the malls in Mumbai witnessed 15-20 percent footfall on Wednesday, on opening after a gap of over four months. The malls were mostly visited by individuals who were middle age and young,...

The Phoenix Mills Ltd. opens doors of its grand palatial shopping mall, Phoenix Palassio, in Lucknow

As the gradual unlocking of India takes place, Lucknow will now have a new destination - Phoenix Palassio. Spread across 13.53 acres and a built-up area of 1 million sq. ft, the mall has been used as an expansive canvas...

Phoenix Mills enters into JV to develop premium retail development in Ahmedabad

The Phoenix Mills (PML) has announced that it has formed a 50:50 joint venture with Ahmedabad-based BSafal group to acquire a 5.16 acre land located on Sarkhej-Gandhinagar (SG) Highway with an investment of Rs 230 crore."This investment is in...

India's luxury market to break all-time record in 2016: Study

Given the rising brand awareness among Indian youth and purchasing power of the upper income consumers in tier II and III cities, Indian luxury market is expected to cross US $18.3 billion by 2016 from the current level of US $14.7...

Indian online luxury market to touch USD 35 bn by 2016: ASSOCHAM

Parallel to the growth of online food and grocery retail, the luxury market in India is also witnessing promising growth, according to a new ASSOCHAM study. Indians are likely to spend USD 35 billion on online luxury stores by...

"Restructure existing malls, no immediate need for new properties"

In the last decade, malls have steadily mushroomed all across the country but considering the present day shopping centre scenario, few new malls are slated to come up. What does this actually mean? Is it that India does not...

“I want to make Maroosh the McDonald’s of India”

Mumbai-based entrepreneur Ketan Kadam discusses his two QSR chains Maroosh and Sliders, and the promising QSR segment.Why did you make the transition from the nightclub business to a QSR chain? I launched Fire n Ice when I saw a vacuum...

Pavers England opens two more outlets in Mumbai

Footwear brand, Pavers England has opened two more exclusive franchise outlets in Mumbai at Linking Road and Phoenix Mills. The Linking Road store is spread over 1,500 sq.ft., whereas the Phoenix Mills store has a total space of 1,300...

ISCF wows to make India a major shopping destination

Subodh Kant Sahay, minister of tourism, GOI, has assured complete government support to the retail sector in establishing India as a major shopping destination. In a message to the retailer and shopping centre developer community in India at the...

PVR to sell Phoenix Mills property for over Rs 100 crore

PVR has put on block the only real estate ass ET .it has on its books, the Phoenix Mills property in Mumbai , for over Rs 100 crore, persons familiar with the developments told ET.A few private equity funds...
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Harpreet Singh Tibb of Tibb’s Frankie—A Retail ‘Roll’ Model

Promoter of Tibb’s Frankie Harpreet Singh Tibb knows how to build, reposition and accelerate businesses through disruptive ideas. He...
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