Luxury brands go online to avoid high rentals

Brands like Giorgio Armani, Jimmy Choo, Canali, Paul Smith, Bottega Veneta, Etro, Crabtree and Salvatore Ferragamo are either launching their own websites or tying up with luxury e-commerce platforms to reach out to consumers instead of investing in high rentals and facing other infrastructure issues. For example, the average rent at DLF Emporio is around […]

Global luxury brands opt for ‘sale’ route to woo customers

After the rush to declare early discount sale by most global and domestic apparel brands and retailers, to clear inventories and make way for the fresh stocks, global luxury giants like Chanel, Christian Dior and others too have joined the fray. Most have opted for sale or low price-tags on select items to attract first […]