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Retail

Global luxury labels re-entering India with fresh perspective

Mumbai - Global luxury brands, who earlier failed to understand the preferences of Indian consumers and the domestic market, are returning with fresh strategies and perspective. The list include lingerie label La Perla, who has partnered with Vikas Jain, Co-founder of Micromax, British luxury menswear and accessories brand Alfred Dunhill, which...

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Apparel

FIPB nod to Brook Brothers, Damiani

Along with Pavers England, two other single-brand retail ventures including Brook Brothers, America’s oldest clothing retailer and Italian jewellery brand Damiani have got the clearance by Foreign Investment Promotion Board (FIPB) to enter the Indian market. While Brooks Brothers has entered into a 51:49 joint venture with Mukesh Ambani’s...

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