IndiaRetailBiz

Beating slowdown blues, this festive period appears to have brought a lot of smiles on faces of luxury goods retailers, particularly luxury car retailers in Gujarat.
The Dussehra day is turning out to be a bonanza time for retailers as Gujaratis, who prefer to buy vehicles, houses, and other expensive durables on this auspicious day, are [...]

Tanishq, the country’s most prominent gold and precious jewellery of brand, which has deservedly been credited for pioneering and promoting the concept of branded jewellery in India, is expecting to make a big splash this festive season. Tanishq is currently operating a retail network of 117 exclusive boutiques across 78 cities of India.Tanishq is expecting [...]

Onam, the biggest harvest festival of Kerala marking the homecoming of legendary King Mahabali, despite clouds of global recession still hovering on the sky, is being celebrated with traditional gaiety, festivity, and feeling of happiness.
While, Supplyco (Kerala State Civil Supplies Corporation), a state government retailer, has planned to celebrate the festival beginning the 28th August, [...]

Pondicherry-based Hidesign, which specialises in making premium leather accessory products, across the world, given current recessionary trends following global financial meltdown, is looking at focusing on India and other emerging markets for growth of its business in coming months.
Hidesign, which has earlier entere into an agreement with Kishore Biyani-led Future group for launching a range [...]

Reliance Jewels, the specialty format of Reliance Retail, a Mukesh Ambani group company, recently unveiled its first fine jewellery store in Mumbai. The Mumbai store located at R-City Mall in Ghatkopar suburb of the city happens to be the 13th such store of the retail chain.
The retailer is already operating similar stores in Ahmedabad, Bangalore, [...]

Reliance Jewels, a speciality format of Mukesh Ambani-led Reliance Retail, which specialises in offering a wide range of certified gold, gold jewellery, and diamond jewellery, launched its 12th store in the National Capital Region (NCR). The new store is located at the Gold Souk Mall in Sushant Lok-1, in Gurgaon. Reliance [...]

Global financial meltdown resulting in collapse of capital markets had its impact on India’s HNWIs (high networth individuals or dollar millionaires), as their number dwindled by 39,000 (or 31.6 per cent) from 123,000 (2008) compared to 84,000 in the previous year (2007). This is the first drop recorded for India in the past seven [...]

Shoppers’ Stop, among the country’s pioneering and largest lifestyle department store format retailers, is going to expand its operations by opening 12 new stores in the coming three years. Of the 12 new stores, while four stores will be opened this year, the balance eight stores will be opened during the subsequent two years. [...]

Gitanjali Group, one of the country’s largest jewellery makers, is planning to sell around 400 kilograms of gold coins during Akshaya Tritiya– an auspicious day in Hindu calendar. The demand for precious yellow metal always remains very high during this festival. Akshay Tritiya will be celebrated in the country on April 27, this year.
Founded at [...]

Anaanta, a wellness brand of Facets Lifestyle, has decided to set up a retail chain of 20 wellness stores beginning today.
The first wellness spa store to be called “Anantaa Wellness Spa” is slated to be launched today (19th April, 2009) in Ahmedabad, the commercial capital city of Gujarat. Faucet Lifestyle, managed by Sapna Begani, Director, is a division [...]