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Foreign retailers may get to dilute stake in Indian JVs to PE firms

The government is considering a proposal that would allow single-brand foreign retailers such as Diesel, Louis Vuitton and Marks & Spencer to dilute stakes in their Indian ventures in favour of foreign Private Equity (PE) firms, reports ET.The government...

Louis Vuitton calls off Tokyo store plan

Yet another victim of ongoing global economic slowdown, this time Louis Vuitton. According to media reports, the French luxury brand has dropped its plan for a massive flagship store in central Tokyo."An agreement on building the store was off",...

TAG Heuer plans to retail products online

Swiss watchmaker TAG Heuer — part of French luxury goods group Louis Vuitton Moet Hennessy (LVMH) — is planning to retail its products online. “We are exploring the opportunity to sell not only our mobile phones but also exclusive...

TAG Heuer delays mobile phones launch to March ’09

TAG Heuer, Swiss watchmaker, has delayed the launch of its much awaited high-end mobile phones for Indian markets, informed a top company official. Tag Heuer phones have earlier been planned to be launched in the first half of FY...

Marc Jacobs partners TSG for India

The prince of American Fashion and Louis Vuitton’s creative director, Marc Jacobs is now bringing his private label to India. According to reports, Marc Jacobs has inked a deal with TSG International Marketing for the exclusive launch of his...

London, home for Europe’s largest city centre mall

London's retail landscape changed on October 30 with the Westfield London shopping mall opening its doors to shoppers. The culmination of ten years of planning and building this iconic building with its undulating glass roof, is now home to...

GMR to provide retail space at IGI terminals

GMR, the company, which manages Delhi’s Indira Gandhi International Airport, has planned to arrange spaces for retail at all its passenger terminals soon and will house products across categories including apparel, lifestyle, and healthcare.Speaking to media , BS Shantharaju,...

India can manufacture luxe worth $500 mn: study

According to a Ficci-Yes Bank report on the luxury items market in the country, India is poised to become a manufacturing hub for global luxury brands within the next four to five years.On the back of growing population of...

LVMH expanding its luxury brands portfolio in India

In line with the burgeoning demand for luxury brands in India, Moet Hennessy Louis Vuitton (LVMH), France-based promoter of over 50 global luxury brands, plans to launch its mobile phones range, under its premium brand Tag Heuer, in India...

India Apparel Report: Luxe on the rise

“One of the fastest growing segments in the domestic market today is the premium and super-premium end of the market, which is growing very rapidly. This is because the size of the market itself is growing very rapidly,” says...
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Phoenix Palladium, Mumbai welcomes 4 new brands

The newly launched brands include Lifestyle, Celio, Ecco, and San-Cha Tea Boutique Bengaluru: Phoenix Palladium Mall in Mumbai, operated by...
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