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Home truths: 5 reasons why fashion retailers are getting into decor

They have captured their customers' closets, and now they want a piece of their homes. Here's why fashion brands are eyeing the piece of India’s growing home décor market Bengaluru: In 2022, H&M brought H&M Home to India through a store-in-store...

Azorte launches its first stand-alone high street store in India

The new outlet is the second Azorte store in Hyderabad and supposedly its largest store till date Bengaluru: Azorte, a premium fashion and lifestyle store chain by Reliance Retail, launched its first stand-alone high street store in Hyderabad at Jain Friends...

Reliance in advance talks to bring Armani’s luxury café to India

Reliance Retail is scouting for spaces in luxury malls in Mumbai and Bengaluru to open Armani/Caffè there New Delhi: Reliance Retail is in advance talks with Milan-based luxury company Armani to bring the Michelin-starred Armani/Caffè to India, two people familiar with the development said. As...

The Armani Group adds new value to eyewear line: A commitment to greater sustainability

The Armani Group increasingly embodies its founder’s sensitivity and attention to social and environmental issues, extending its tangible commitment in this area to the Giorgio Armani, Emporio Armani and A|X Armani Exchange eyewear lines. The numerous initiatives in the pipeline...

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...

COVID-19 lockdown opens new markets for luxury industry

The COVID-19 pandemic has dramatically changed the retail industry almost overnight. As per recent reports by Bain & Co., and McKinsey, major luxury companies have swivelled focus to address urgent public health needs. Factories that were producing scarfs and...

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...

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...

JD.com, Farfetch partner to open ultimate gateway for bringing luxury brands to China

E-commerce giant JD.com, China’s largest retailer and Farfetch, the leading global e-commerce platform for the fashion industry, has announced a strategic partnership that will create the premier platform for luxury e-commerce across China, opening a gateway to an US...

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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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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