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The Phoenix Mills

The Growing Chemistry Between D2C Brands and Shopping Centres

Looking at the success of D2C brands that have made a noticeable splash in the offline space, it is hard to ignore the success story of Nykaa, Pepperfry, Firstcry etc. From the new age standalone brands, we have the...

Reliance Retail opens first Hamleys Play store in Chennai

The new Hamleys Play outlet is situated at Phoenix Market City, Indira Gandhi Nagar, Velachery, Chennai Bengaluru: Reliance-owned multinational toy retailer Hamleys has launched its first Hamleys Play store in Chennai at the Phoenix Market City, according to a mall...

The Phoenix Mills completes acquisition of 7.22 acre-land parcel in Surat for Rs 510 crore

The land parcel has been acquired through Thoth Mall and Commercial Real Estate Private Ltd, an indirect subsidiary of the company. New Delhi: The Phoenix Mills Ltd on Friday said it has completed the acquisition of a 7.22 acre-land parcel...

How malls are giving themselves a digital makeover in COVID times

COVID-19 so far has turned out to be one of the biggest setbacks for the retail and shopping industries around the globe. With lockdowns imposed in every country for more than 50 days, the industry had almost neared a...

Shopping centres in Mumbai resume operations; witness 15-20 pc footfall

Even as torrential rains lashed the city, the malls in Mumbai witnessed 15-20 percent footfall on Wednesday, on opening after a gap of over four months. The malls were mostly visited by individuals who were middle age and young,...

The Phoenix Mills Ltd. opens doors of its grand palatial shopping mall, Phoenix Palassio, in Lucknow

As the gradual unlocking of India takes place, Lucknow will now have a new destination - Phoenix Palassio. Spread across 13.53 acres and a built-up area of 1 million sq. ft, the mall has been used as an expansive canvas...

Phoenix Mills enters into JV to develop premium retail development in Ahmedabad

The Phoenix Mills (PML) has announced that it has formed a 50:50 joint venture with Ahmedabad-based BSafal group to acquire a 5.16 acre land located on Sarkhej-Gandhinagar (SG) Highway with an investment of Rs 230 crore. "This investment is in...

India's luxury market to break all-time record in 2016: Study

Given the rising brand awareness among Indian youth and purchasing power of the upper income consumers in tier II and III cities, Indian luxury market is expected to cross US $18.3 billion by 2016 from the current level of US $14.7...

Indian online luxury market to touch USD 35 bn by 2016: ASSOCHAM

Parallel to the growth of online food and grocery retail, the luxury market in India is also witnessing promising growth, according to a new ASSOCHAM study. Indians are likely to spend USD 35 billion on online luxury stores by...

"Restructure existing malls, no immediate need for new properties"

In the last decade, malls have steadily mushroomed all across the country but considering the present day shopping centre scenario, few new malls are slated to come up. What does this actually mean? Is it that India does not...
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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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