IndiaRetailBiz

Madura Garments, the branded apparel division of Kumar Mangalam Birla-led Aditya Birla Nuvo, which retails branded apparel under several lifestyle and value brands like Allen Solly, Louis Phillipe (lifestyle) and Peter England (value), has crossed the major milestone in sales of Rs. 1,000 crore this year.
The annual turnover of the country’s largest branded apparel […]

Following are some of the excerpts of the views expressed by top honchos of leading global luxury brands at the recently concluded Mint Hindustan Times Luxury Conference 2008. Besides galaxy of world luxury brand leaders, the second annual conference organised by the media house, also attracted participation of experts and aspiring Indian counterparts.

“Aspiration […]

“The number of outlets that the brands (like Gucci, Calvin Klein, Diesel, Christian Dior, Fendi, and DKNY) have opened up in the country in recent times is a testimony in itself of the increasing fashion consciousness amongst Indians.” — Vatsala Pant, Associate Director, Client Solutions, The Nielsen Company.

Fruits of rapid increase […]

Polo Ralph Lauren, the US-based design and distribution house, known for its range of high-end casual and semi-formal clothings as well as accessories and fragrances under internationally famous luxury labels like Polo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren, Black Label, Blue Label, Lauren by Ralph Lauren, Chaps and […]

Landmark Group, owned by Dubai-based group of NRIs, which currently operates 19 stores under three retail chains across 9 cities in India, according to a Business Standard report, is planning to invest another $500 million in the next three years (by 2010) in the country. The group, in the past 10 […]

Luxury retailing, though dominated by grey market, is growing at a fast pace in India. With economy (GDP) growing at second highest rate, more Indians are having increasing disposable income in their hands. According to en estimate, there were 100,015 dollar designated millionaires in India, in 2006. Luxury products market in the country is currently […]

Fendi, the luxury brand known for expensive handbags, apparels, footwear, eyewear and watches, is expanding its presence in the country. Its parent LVMH group, which owns such iconic brands as Louis Vuitton and Christian Dior, has over the next five years decided to set up six new luxury boutique stores in major cities across […]