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Global brands like Gap, The Body Shop and Zara are slashing Indian retail prices to stay competitive in the heavily price-sensitive market. UK cosmetic brand The Body Shop slashed prices across categories in India by 20 to 30 per cent last week, and US…
India’s DLF Brands, which runs high-street fashion brands mall Emporio in Delhi, is quitting the luxury business. It has just shut down two of the seven stores of US fashion brand DKNY after parting ways earlier with such brands such as Giorgio Armani, Mango,…
Keppel Land China Ltd and Alpha Investment Partners Ltd (Alpha) have divested their 80 per cent stake in Sparkle Bright Holdings Limited (Sparkle Bright) for $516.9 million. Keppel Land China and Alpha signed an agreement with Star Champ Development Ltd, a…
US retailer The Children’s Place has opened its first store in India. The brand has entered the market in partnership with Arvind Lifestyle Brands, opening its first store in Bengaluru. The Children’s Place operates about 1200 stores internationally and…
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…
