Kishore Biyani’s cousins start their own luxury retail company

In what may be the first step towards building an identity of their own, Kishore Biyani’s younger first cousins have started a luxury retail company independent of the retail tycoon’s Future Group. Rakesh Biyani, joint managing director of Pantaloon Retail (India) Ltd, India’s largest listed retailer by revenue, and Sunil Biyani, a director of Future […]

Luxury brands target India’s conservative markets

With traditionally conservative markets like Surat, Chennai and Kolkata now emerging as the cities for luxury labels more and more international luxury brands are looking to make their presence in these places. These cities have opened a wealth of opportunity for brands like Louis Vuitton, Armani and Burberry. As Sanjay Kapoor, MD, Genesis Luxury puts […]

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 […]

Tag Heuer to target Indian women

Luxury watch brand Tag Heuer, whose forte is keeping time for men on the fast track, is set to launch a new collection to woo Indian women. “We are embarking on double digit encouraging growth from Indian market where our current focus is to gain attention of female shoppers,” said Frank Dardenne, MGM and official […]

Armani ends joint venture with DLF, to partner Genesis

NEW DELHI: Giorgio Armani is ending its Indian joint venture with DLF Brands. The Italian fashion house will now enter into a franchisee deal with Genesis Luxury to expand its retail presence in India. All the three companies confirmed the development. DLF Brands Chief Executive Officer Dipak Agarwal said the break-up with Armani is in […]