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LUXURY BRANDS URGE RATIONALISATION OF TAXES

‘Prices must be globally competitive to encourage purchases in India’Mumbai, January 24, 2007: Dealers in luxury brands today urged the Government to rationalise the taxation structure in the country so that luxury brands, which were still largely purchased abroad,...

‘BRAND INDIA’ SET FOR GLOBAL LEAP

CALL TO ‘WAKE UP’ AND ‘EXPAND FASHION’ INTO AN ORGANISED INDUSTRY TAILORED TO INDIA’S NEEDSMumbai, January 23, 2007: Mr Kishore Biyani, Co Chairman of Fashion Alliance and CEO of The Future Group, today challenged the retail industry to “wake-up” to...

Pantaloon-led Consortium to open Duty Free Shop at IGI

Alpha-Pantaloon consortium, comprising of the Pantaloon retail (India) Limited and UK based Alpha Airports Group Plc, have opened a duty free shop at the arrival terminal of Indira Gandhi International airport. The shop would be fully operational by 18-20...

Nike plans to increase retail outlets

The Indian sportswear market is growing at a rate of over 30 per cent and is said to be around Rs 1,500 crore. Keeping this under consideration the sports footwear and apparel giant Nike has planned to expand its...

Decathlon to enter India

After the government recently said that it would allow FDI up to 49 per cent in multi-brand retail of sports goods Decathlon, French sports goods retailer is looking for a partner to foray into India. Decathlon is learnt to...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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