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Luxury is the new-found love of the retail sector. The aspirational, cash-rich consumers are the target, and the sector is growing at a rapid pace with international luxury brands setting up their stores. It's a happening sector with a lot more to offer.

Showing 16 - 30 Articles out of 34

The Sports and Toys market in India is estimated to reach $15 billion by 2020, which currently stands at $5 billion, growing at a compounded annual growth rate (CAGR) of 30-35 per cent. As the country is moving towards development and urbanisation, the demand for sports goods equipments is increasing. Factors such as budding

BY Indian Retailer Bureau  |  Dec 19, 2016  |  comments ( 0 )  | 

Several companies in India launched electric two-wheelers a decade ago. With the rising fuel cost, increasing levels of pollution, higher running and maintenance cost of vehicle, the electric two-wheelers were expected to have a very bright future. But, the market did not take off after a promising start. What went wrong? The

BY Indian Retailer Bureau  |  Dec 06, 2016  |  comments ( 0 )  | 

 As the wedding season gets under way, allied sectors including jewellery, ethnic wear, home furnishing and salon & spa, are gearing up to reap benefits of rising consumer spending. Here are the opportunities that will help the franchise sector to grow this wedding season. The wedding industry in India is estimated to be

BY Joyshree Saha  |  Dec 01, 2016  |  comments ( 0 )  | 

Owing an automobile dealership may sound as a fancy deal; however, there is a very articulated criterion that is required to get a hold of a dealership of an automobile brand. The sector offers a robust opportunity to create an empire that requires ample hard work with a dedication to making it big. If the Indian auto industry has

BY Indian Retailer Bureau  |  Nov 24, 2016  |  comments ( 0 )  | 

The salons have introduced many new innovations for the new-age customer this wedding season. Let’s learn how they are cashing in on the existing opportunity. Planning a wedding requires many things; a major aspect of a wedding is the bridal makeup. Many salons and spas offer special packages for bridal parties that include

BY Joyshree Saha  |  Nov 18, 2016  |  comments ( 0 )  | 

When companies are founded, they are viewed as the product of an entrepreneur’s achievement. The family is a source of social and financial support. Typically, this occurs in one of three ways, that is, selling the business, taking it public or transferring ownership to the family. Usually, an entrepreneur’s interest in

BY Joyshree Saha  |  Nov 02, 2016  |  comments ( 0 )  | 

In today’s evolving consumer centric environment and burgeoning competitive market, it is imperative for marketers to adopt a highly customised communication strategy where the channel/medium is determined basis the product and its demand. To swim through the tide and reach the other side, it is necessary for retailers, in

BY Guest author  |  Sep 12, 2016  |  comments ( 0 )  | 

One of India’s prime eCommerce major, Flipkart is determined to become India's largest furniture retailer by the end of this year with a striving target to register a 15-fold growth in the high-value category, which also promises to deliver healthy profits. The company by far has relied primarily on categories such as

BY Indian Retailer Bureau  |  Apr 18, 2016  |  comments ( 0 )  | 

The apex trade association of India, Assocham, has recently stated that the Indian luxury market is expected to cross $18.3 billion mark with a CAGR of about 25 percent. The growth is fueled by the increasing brand awareness and purchasing power of the upper class in tier II and III cities of the country. As per DS Rawat, Secretary

BY Indian Retailer Bureau  |  Jan 08, 2016  |  comments ( 0 )  | 

Maison Montblanc, an international luxury retailer has recently announced its tie-up with one of India’s largest lifestyle company and specialty retailer, Titan Company Limited. With this partnership, Montblanc plans to establish its retail presence across the country. This joint venture includes opening of five Montblanc

BY Indian Retailer Bureau  |  Dec 03, 2015  |  comments ( 0 )  | 

Since Bagwati, ladies’ handbag brand, made it to Indian silver screen, consumers in India have warmed up to global luxury brands for some time now.  The trend or urge to have the best out of available options is such that one cannot segregate luxury from retail, both eCommerce and the modern.  Walking on Jimmy

BY Gargi Bhardwaj  |  May 15, 2015  |  comments ( 0 )  | 

As the Indian retail industry is progressing aggressively, more and more international brands are eyeing to venture into the Indian market. Besides, the booming e-commerce sector has added on to the growth of this industry. According to the IBEF report, the Indian retail sector was estimated at $520 billion and was among the

BY Nibedita Roy  |  Dec 05, 2014  |  comments ( 0 )  | 

Executives in the luxury industry are bullish about their company's revenues in the fourth quarter of 2014, as the shopping season is on cards, says a PTI report, citing a latest survey by Wealth-X, a global wealth intelligence and prospecting company. As per the survey a progressive trend was observed, in the luxury industry

BY Retailer  |  Nov 11, 2014  |  comments ( 0 )  | 

Dubai is all set to host the Big Fat Indian wedding expo, aimed at tapping the booming wedding market in the Middle East, says a PTI report. With the wedding season ahead, the exhibition will be held from September 19-20. Besides, it will showcase wedding products, services and accessories offered to the couples getting

BY Retailer  |  Sep 16, 2014  |  comments ( 0 )  | 

Global recession affected almost every segment of the apparel industry, the children’s wear market remained strong as against the men’s wear and women’s wear categories in the past one year and the luxury brands are now eyeing the market. Kids business is unlike their appetite. Global Industry Analysts, Inc.

BY Neha Malhotra  |  Jan 16, 2013  |  comments ( 1 )  |