Wednesday, November 20, 2024

Luxury

Reliance Brands Managing Director Darshan Mehta to step down after nearly two decades

Retail & Ecommerce
Darshan Mehta, Managing Director of Reliance Brands, is stepping down from his position after nearly 20 years at the helm. Mehta will transition into a mentorship role within the Reliance Group.Darshan Mehta continues to serve as...

Subway aims to double store count in India to 1,700 in six Years

Retail & Ecommerce
Subway, the global Quick Service Restaurant (QSR) chain, plans to double its store count in India from 850 to 1,700 over the next 5-6 years, targeting both metro and non-metro cities.India is an important market for...

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...

Indian luxury beauty market to reach $1.6 bn by 2028: Report

Industry
The Indian luxury beauty market is expected to grow to USD 1.6 billion by 2028 and reach USD 4.0 billion by 2035, as highlighted...

Jaipur Watch Company expands into women’s segment, eyes 20% sales contribution

Industry
Luxury brand Jaipur Watch Company has entered the women's watch market with the launch of its new collection,͏͏ 'Brides͏͏ of͏͏ Jaipur'."We͏͏ recognised͏͏ that͏͏ we͏͏...
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