Monday, December 23, 2024

Luxury

Ola Electric Unveils Exclusive 24-Karat Gold S1 Pro Sona Edition

D2C
Ola Electric has unveiled a special edition of its S1 Pro scooter, adorned with real 24-karat gold elements, as part of its #SavingsWalaScooter campaign. Limited Release Brings Luxury to Electric Scooter Market Dubbed the ‘Sona’ edition, this limited-release...

Nitori Enters India: Japanese Furniture Giant Opens First Store in Mumbai

Retail & Ecommerce
Nitori, Japan’s renowned furniture and home décor retailer, has officially launched its first store in India at R City Mall, Ghatkopar, Mumbai. This marks the brand’s entry into the country’s $23.9 billion home furnishing market (Ken Research),...

Luxury jewellery brand Giva registers 66% revenue growth to INR 274 Cr

News
Giva, a jewellery startup, saw a 66% surge in operating revenue to INR 274 crore, despite a 30% year-over-year (YoY) increase in losses.Giva secures...

Kalyan Jewellers reports 3.3% decline in Q2 net profit to INR 130.32 Cr

News
Kalyan Jewellers India has posted a 3.3% decline in consolidated net profit to INR 130.32 crore for the second quarter (Q2) ended September 2024....

Wrangler expands presence in India with six new stores, targets 60 in 2025

News
Global denim brand Wrangler has launched six new stores across India, strengthening its retail footprint in the country. The new stores, located in Ujjain,...

Luxury goods sales to decline 2% in 2024: Bain & Company report

News
The personal luxury goods market is facing a significant downturn, with sales expected to drop 2% this year, making it one of the weakest...

Luxury fragrance brand Nisara enters UAE with Beauty Brands Global

News
D2C fragrance brand Nisara announced on Monday, November 11 that it has teamed up with Beauty Brands Global DMCC, which will be its exclusive...

Novel Jewels to invest INR 5000 Cr in opening 100 stores across India

Luxury
Aditya Birla Group’s Novel Jewels plans to open 100 stores across India in the next 18 months, investing INR 5,000 crore. This was stated...

Tanishq’s CaratLane goes global with new store in New Jersey, USA

Luxury
Jewellery brand, CaratLane, a Tanishq Partnership, has opened its first international store in the USA, located in New Jersey, the company announced on Tuesday,...

Tata CLiQ teams up with Bvlgari to bring luxury products online in India

Luxury
Tata CLiQ Luxury, India's top luxury retail platform, has partnered with Bvlgari, introducing the iconic Roman jeweller to India's e-commerce market. This partnership will...

D2C GIVA raises INR 255 cr to expand offline presence

Luxury
GIVA, a direct-to-consumer (D2C) jewellery brand, has raised INR 255 crore ($30.3 million) in its expanded Series B funding round. The investment came from...

Kalyan Jewellers revenue soars 39% on strong same-store sales in Q2 of FY25

Luxury
Kalyan Jewellers reported healthy financial performance in the second quarter of 2024-25. Revenues from Indian operations rose by 39% compared with the same period...

Radisson group opens newly Svelte Delhi, a 108-Room Hotel

Hospitality
On Tuesday, October 8, Radisson Hotel Group announced the opening of Svelte Delhi, a Radisson Individuals member, making it the first of this brand...

Watch brand Rado expects to end 2024 with double-digit growth in India

Luxury
Swiss watch brand Rado eyes remarkable double-digit growth in India, its biggest market, by the end of 2024.In an interview with ETRetail, Rado's Global...
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