Luxury brands like Louis Vuitton, Armani rush to Chennai

NEW DELHI: Venu Srinivasan, chairman and managing director of TVS Motor, says he belongs to the ‘dinosaur era’ when fellow Tamilians were embarrassed to buy a car, let alone flaunt it. “I used to drive around in a Hyundai Santro even seven years ago. But today, our children cannot do without big cars, premium homes, […]

Reliance Brands – Straddling the luxury pyramid

Reliance Brands has announced a new venture every month this year, starting from a tie-up with New York-based fashion brand Iconix (which has over 20 brands) in February to sportswear retailer Quicksilver in August. The subsidiary of Reliance Industries has entered into joint ventures or distribution agreements with a dozen global brands already. Yet, Darshan […]

Retail sentiment: Bag of mixed reviews

Fitch Ratings suggest that the outlook for the retail sector in India in the second half of the year is going to shed the tag of being stable and fall under the category of being ‘negative’. This inference comes from the weak customer spending sentiment which they believe is low and not likely to improve. […]

DLF to build another luxury mall

Keeping a million or so footfalls each month at its two premium properties in the national capital – the Promenade and the Emporio – DLF, now has plans to set up another luxury mall in the Delhi-NCR region. Pushpa Bector, Senior Vice President with DLF Utilities who also heads DLF Promenade, said they are happy […]

French luxury brand Triangle enters India

The French luxury brand, Triangle, has entered India in alliance with Delhi-based FX Entertainment, a distributor of audio/video brands in the Indian market. Under the agreement, FX Entertainment has been appointed as the exclusive distributor for Triangle’s super premium range of loudspeakers for the Indian territory. Triangle products will be retailed by the distributor through […]

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 […]

Luxury Connect- Teaching luxury retail

Luxury Connect has pioneered the area of luxury education in India by focusing on the weak spots in the complex management arena of Indian luxury segment. In collaboration with SDA Bocconi School of Management, Luxury Connect has successfully concluded Luxury Brand Management Program in India. The program formally endorsed and supported by Foundazione Altagama (a […]