As platinum gains popularity in India, the Platinum Guild India expects to see the number of outlets going up from 800 now to over 1200 by March 2016. Vaishali Banerjee, India Manager of Platinum Guild India, told that within a short span, India has become…
India has bounced back and is confidently growing in the luxury markets as other BRIC countries struggle to gather pace, says Deloitte’s annual Global Powers of Luxury Goods report. By the end of last fiscal, world’s 100 largest luxury goods companies had…
Snow Leopard Vodka has made its debut in Indian travel retail in May 2015, after hitting the shelves at Hyderabad Airport. Edrington Asia Travel Retail, which distributes the brand, believes this is evidence of a growing momentum in Asian travel retail. Ryan…
With only a tiny share of the world’s fastest-growing major smartphone market, Apple Inc is stepping up its push into India, with a first targeted TV advertising campaign, expanded retail network and promotional financing schemes. For years, India has been a…
India’s Reliance Industries is to build a network of 1000 stores, the consumer face of a new 4G mobile phone network. The new mobile phone network will be launched in December with 1000 stores branded ‘Jio Centers’. The network itself will be called Jio. The…
Seeing the growing two-wheeler market, two-wheeler manufacturers are launching their new products to increase market shares. Last month, Honda’s Activa range of scooters has put the Japanese manufacturer at number one position in scooter sales. It seems that…
German discounter Aldi is taking the heat from the latest campaign over fair working conditions at suppliers to major retail brands. The Clean Clothes Campaign is lobbying both Aldi and the Bangladesh government to take immediate action to ensure more than…
US ice cream chain Cold Stone Creamery is to open multiple stores in India and Sri Lanka. Parent Kahala Brands has partnered with Tablez Food Company, part of Lulu Group International, to open 40 locations in India over the next five years and five in Sri…
Ikea India has acquired the land for the first of 25 stores planned for the country. The Swedish home furnishings company says the 13 acre site is located close to the IT hub Hitec City and is close to public transport, including a metro line under…
Retail e-commerce sales in India are expected to reach $17.5 billion (Rs 105,120 crore) by 2018, from $5.3 billion (Rs 31,800 crore) in 2014, according to data analysed by eMarketer, a digital-research firm, but only two of 10 internet users in India shop…
Japanese sports shoe brand Asics has opened its first company owned store in India. The 670 sqft outlet has opened in a shopping centre in south Delhi. It marks the end of a five year partnership with local conglomerate Reliance Retail. “We had a five-year…
NEW DELHI: Singapore’s food regulator declared Maggi noodles imported from India to be free from health risks, bringing some respite to Nestle. The manufacturer had been ordered to withdraw the locally made product from shelves in India because of excessive…
US mall-based youth fashion discounter Aeropostale has announced new partnerships in India and Indonesia. The company will open stores in India through a licensing agreement with Arvind Lifestyle Brands Limited, and in Indonesia through a licensing agreement…
Amazon Net Providers is to open an infrastructure area in India for its cloud computing platform in 2016. “Tens of hundreds of consumers in India are utilizing AWS from considered one of AWS’s 11 international infrastructure areas outdoors of India. A number…
US informal eating chain Buffalo Wild Wings is within the means of securing grasp franchisees in at the very least six extra Asian nations as its first foray into the area pays off. In January BWW opened its first restaurant within the continent, in Manila,…
A US espresso roaster which has developed a retail coaching and partnership idea with cafe companies, has introduced its first retailer outdoors the US. Columbus, Ohio espresso roaster Crimson Cup Espresso & Tea has labored with a gaggle of Bangladeshi…
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