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Organised retail penetration expected to reach 10% 2020 against current 7%
Focused on experientials, the signature feature of the store is the 100 sq. foot horseshoe shaped vanity area where customers can touch and feel products for a first-hand experience.
Today, the innerwear segment in India has witnessed unprecedented growth, all thanks to demand of stylish, sensuous and premium quality.
Marketing of luxury products especially online continues to be a challenge in India. Consumers are comfortable shopping for regular consumption brands, they dont want to risk experimenting with expensive products and categories online.
Many global brands are exploring growth opportunities in emerging markets as economic growth and birth rates slow in western markets, and India is seen as a high-potential market.
Vineet Sharma, MD, Aureole Inspecs shares insight about the eyewear licensing industry.
Two months ago, India was included in Safilo’s Dubai-based Middle East and Africa operations, moving out of the Asia-Pacific region.
Tag Heuer, watch brand for luxury group LVMH has finally decided to shut down its subsidiary in India by the end of December.
The 2014 Global Retail Development Index by AT Kearney