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GMG to open 100 stores in Southeast Asia by 2025

GMG has opened 31 stores across Malaysia, Singapore and Indonesia since entering the Southeast Asia market in 2020 Dubai: UAE-based family business with a rich 45-year legacy GMG has unveiled its aggressive growth plans in Southeast Asia with an aim...

Myntra logs Rs 539.2 cr loss in FY’19

Flipkart-owned Myntra has seen a manifold rise in net loss to Rs 539.20 crore in FY2018-19, according to regulatory documents. According to a PTI report: The fashion e-tailer had registered losses to the tune of Rs 151.22 crore in the...

Global Retailers in India: Moves, leaps & hurdles

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

The growing Indian luggage market packs a punch

Expanding retail chains, booming e-commerce and nationwide sales networks have led to growth in an unusual sector - the Indian luggage market. The segment - which is growing around 18 per cent CAGR - is extremely streamlined and is looking at a good...

Reliance Brands to enter beauty, kidswear segments

Reliance Brands Limited plan to enter beauty and children's clothing retail segments and is looking to step up online presence by launching exclusive web stores for all the luxury brands under its ambit. "Beauty, especially colour cosmetics and fragrances, and...

International Fashion Retailer Mango Partners with Myntra.com

International fashion retailer Mango will extend its online presence on Myntra.com from August 2014. Starting August, the e-retailer will offer over 800 styles for women starting from Rs 700 for basics going up to Rs 16,000 for limited edition...

Global fashion brands eye pacts with retailers for entry into India

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,...

LVMH co Sephora in JV talks with Rel Brands

Reliance Brands, a privately held firm of Reliance Industries chairman Mukesh Ambani, has been in talks to launch Louis Vuitton Moet Hennessy (LVMH) owned beauty retailer Sephora, and a high-end women's clothing brand BCBG, as the company looks to...

Timberland enters Punjab with first store at Ludhiana

Outdoor footwear and apparel brand Timberland has made its debut in Punjab with the opening of a store at MBD Neopolis Mall, Ludhiana. Spread over 900 sq.ft, the exclusive store offers footwear, apparel and accessories for men, women and...

Timberland now in India!

Timberland has set out on a new expedition by partnering with Reliance Brands through a license cum distribution agreement for India. The brand opened its first Timberland store at Ambience Mall, Vasant Kunj, New Delhi. The exclusive store features...
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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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