LVMH

At a time when market-driven dynamics are ruling the roost, global brands are doing all they can to bend their strategies and suit diverse market conditions. The world’s largest food service chain, McDonald’s, for instance is planning to tap...

The department of Industrial policy and promotion (DIPP) may do away with the 30 percent domestic sourcing clause for FDI in single brand retail leading to increased foreign direct investment inflows, according to a leading daily. Luxury retailers like...

Former Reliance Retail lifestyle chief executive Bijou Kurien has joined L Capital Asia as a member of the strategic advisory board according to a leading daily.  L Capital Asia is the PE arm of LVMH, the French luxury retailer....

Delhi Duty Free, India’s duty free operator at T3 at IGI Airport in Delhi, has announced the successful completion of one year of operations. Commemorating the anniversary, it has announced several attractive offers, discounts, free gift offers and promotions...

De Beers SA, the world's largest producer of rough diamonds, said Tuesday it plans to further expand its retail outlets in China this year as it expects China, India and the Middle East to outpace U.S. demand by 2015. The...

After carving out his share of his father’s business empire, Sanjiv Goenka, the younger son of Rama Prasad Goenka, is set to debut into real estate, with a mall selling “luxury brands” such as Louis Vuitton Moet Hennessy (LVMH),...

The coming months could see a slew of high-end global fashion brands entering the $4.6 billion (around R20,700 crore) Indian luxury market, through partnerships with domestic retailers like Reliance Brands, DLF Retail Brands and others. According to industry sources,...

Global luxury giant Louis Vuitton Moët Hennessy (LVMH) in a venture to gain greater marketshare has acquired Nude - the niche skincare brand. A four year old brand, LVMH will own 70 percent of it, while the current...