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GMR to provide retail space at IGI terminals

GMR, the company, which manages Delhi’s Indira Gandhi International Airport, has planned to arrange spaces for retail at all its passenger terminals soon and will house products across categories including apparel, lifestyle, and healthcare. Speaking to media , BS Shantharaju,...

India can manufacture luxe worth $500 mn: study

According to a Ficci-Yes Bank report on the luxury items market in the country, India is poised to become a manufacturing hub for global luxury brands within the next four to five years. On the back of growing population of...

LVMH expanding its luxury brands portfolio in India

In line with the burgeoning demand for luxury brands in India, Moet Hennessy Louis Vuitton (LVMH), France-based promoter of over 50 global luxury brands, plans to launch its mobile phones range, under its premium brand Tag Heuer, in India...

India Apparel Report: Luxe on the rise

“One of the fastest growing segments in the domestic market today is the premium and super-premium end of the market, which is growing very rapidly. This is because the size of the market itself is growing very rapidly,” says...

UB City to open in April

Bengaluru in April is set to see what is probably the country’s first exclusively super luxury mall. The launch will take place in the first week of the month. “Though we have not decided on the exact date, we are...

FDI in retail sector

Government has made it clear that Foreign Direct Investment up to 51 per cent in retail of single brands, which was allowed last year, should conform to certain policy norms, including an obligation on the foreign firm to sell...

Hidesign plans to increase international visibility

Indian leather brand Hidesign plans to open retail stores in the United Kingdom, New Zealand, Thailand and Turkey by December, the company's CEO Kunal R Sachdev said. The Puducherry-based firm is talking to companies to set up outlets in New...

Bangalore to get a Ritz

Bangalore city has been earmarked by the Ritz-Carlton Hotel Company, for its first hotel in India. The Ritz-Carlton Hotel Company operates over 65 hotels in Middle East, Asia, North and South America, and Europe. The planned hotel will become...

LVMH sells its Celine stores

LVMH Moet Hennessy Louis Vuitton SA, the biggest luxury-goods maker, has sold its Celine stores in Southeast Asia to influence its partner to accelerate the brand's expansion in a region with fewer stores than in China. The seven stores in...

India stars prominently in LVMH expansion plans

Moet Hennessy Louis Vuitton (LVMH), with a portfolio of such luxury brands as Fendi, Christian Dior, TAG Heuer and Dom Perignon, has identified India as key to its expansion. The group, planning to introduce more of its brands in...
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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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