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Fossil India to extend portfolio

Fashion accessories company Fossil India, the Indian arm of the $1.6-billion Fossil Inc, will extend its portfolio to leather accessories and eyewear. Currently, it sells watches in the Rs 4,495-11,000 range for men and women. Vasant Nangia, country manager, Fossil India...

Foreign retailers may get to dilute stake in Indian JVs to PE firms

The government is considering a proposal that would allow single-brand foreign retailers such as Diesel, Louis Vuitton and Marks & Spencer to dilute stakes in their Indian ventures in favour of foreign Private Equity (PE) firms, reports ET. The government...

Dubai Marina Mall to open soon; houses 160 stores

Emaar Malls Group, the retail and shopping mall subsidiary of Dubai-based Emaar Properties, is all set to open Dubai Marina Mall soon. The mall, with 390,000 square feet of leasable area over four levels, is slated to be operational...

Fossil India launches DKNY watches in India

Fossil India, a 100 per cent subsidiary of US-based Fossil Inc, has launched autumn-winter collection of DKNY watches in India. While the women's collection represents tasteful beauty appealing, men's collection is sleek with luminous gold tone accents, said a company...

Reliance Brands, Sixty Group JV ends

The 51:49 JV between Reliance Brands and Italian Sixty Group has come to an end. Disagreements between the two companies are supposed to be the reason for the break up. According to the JV, Reliance Brands was supposed to set...

Reliance Brands signs 51:49 JV with Diesel

Reliance Brands, a part of Reliance Industries Limited, has announced a joint venture (JV) with Italian lifestyle brand Diesel to introduce the brand in India. However, Diesel will hold the majority stake in the 51:49 JV. Making the announcement, Renzo Rosso,...

Supermarkets cut petrol prices

Supermarkets including Asda, Morrisons and Sainsbury's have decided to retail petrol at lower prices, after wholesale gasoline prices dropped 6 per cent since mid-July. Asda will cut the price of unleaded petrol and diesel by 3p a litre and Morrisons...

India is third among brand-conscious buyers: Nielsen

“Indian consumers have listed themselves among the top three brand-conscious apparel buyers in the world,” says the latest edition of Nielsen Global Luxury Brands study. According to the study, improving economy and opening of the Indian market have given rise...

Adidas and Diesel to launch denim jeans

Sports goods maker Adidas in conjunction with Diesel will launch Adidas Originals Denim by Diesel on February one which is the outcome of four year partnership between these two creative teams. The Diesel team is headed by Creative Director Wilbert...

Darshan Mehta will join team Future Group

Darshan Mehta, president, Arvind Brands – and one of the most prominent names in the industry – has filed in his papers and is set to spearhead the international business of Future Group. Corporate communications of Arvind Mills confirmed...
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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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