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French luxury brands eager for Indian pie

India's luxury perceptions were decoded when French luxury association Comite Colbert organised a meet on "Luxury and India" in Paris, with a minister urging for developing a country-specific model. "An India-specific model for French luxury brands entering the country will...

Reliance Retail opens specialty stores

As part of its expansion plan, Reliance Retail of Reliance Industries (RIL) launched simultaneously in Hyderabad and Bangalore yet another of its series of specialty stores - Reliance Footprint, which is dedicated to footwear, handbags and accessories. This specialty store...

Reliance marching to the speciality beat

Speciality retail is now the buzzword at Reliance Retail Limited, the just over one-year-old retail venture of Reliance Industries Limited (RIL), the latest addition to which is going to be a jewellery retail standalone outlet that the company is...

Vimal opens revamped outlet in Bangalore

Vimal, the textile brand of Reliance Industries Ltd, yesterday unveiled its redesigned exclusive store in Bangalore. This follows the opening of its first revamped outlet in Ahmedabad earlier this month. As part of its brand re-launch strategy, Vimal will...

Fall in retail shareholders

Even as India Inc's shareholder base shrunk amid concentration of large holdings in hands of big investors like promoters, foreign institutional investors (FIIs) and high net worth investors (HNIs), those of numerous blue-chip companies led by Reliance group saw...

Vimal ready to be born again

Reliance Industries Ltd (RIL) will re-launch its fabrics brand Vimal with an entirely new look and logo around Deepawali. The company also plans to launch a range of ready-to-wear apparel for men. Exclusive 20-odd stores have been renovated, and...

Stock market plunge not likely to drag retail

The crash in the stock market plunging the Sensex to 17,307.90 from a high of 19051.86, would not impact on the retail sector since most of the investment has been by foreign institutional investors (FIIs) and heavyweights like Reliance,...

Reliance to start wholesale stores for small traders

Aimed at appeasing those opposed to Reliance Fresh, Chairman of Reliance Industries Limited (RIL), Mukesh Ambani plans to start wholesale stores on a “pilot basis” to sell goods to small traders and shopkeepers. Addressing investors at the annual general meeting...

Retail pushes Mahindra stocks

The plans of automobile major Mahindra and Mahindra to foray into the retail sector pushed up its stock to Rs 814 ending 7.6 per cent higher with volume traded touching 6,67, 706 against two week average of 1,91,240. The company’s...

AP rolls out red carpet for Reliance Retail

(Following is the second in the special series on retail from states) Reliance Industries’ retail foray in Uttar Pradesh, West Bengal, Maharashtra and Orissa may have seen red, but in Andhra Pradesh it was given the red carpet as the...
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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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