L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
India
Global Markets
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.
Global Markets
Opinion: When Indian Craft Becomes Luxury’s Moral Alibi
Craft is not simply cultural spectacle. It is a referendum on the kind of nation India is becoming.
Opinion: When Indian Craft Becomes Luxury’s Moral Alibi
Craft is not simply cultural spectacle. It is a referendum on the kind of nation India is becoming.
Retail
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Global Markets
Luxury’s Next Hotspot in India
Fuelled by wealth from its tech and pharmaceutical sectors, Hyderabad has attracted brands such as Chanel and Michael Kors to a city long dominated by domestic designers.
Luxury’s Next Hotspot in India
Fuelled by wealth from its tech and pharmaceutical sectors, Hyderabad has attracted brands such as Chanel and Michael Kors to a city long dominated by domestic designers.
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Global Markets
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Global Markets
What’s Holding Back India’s Resale Market?
Recent startup failures have exposed the gap between bullish growth forecasts and commercial realities in India’s secondhand fashion sector, where cultural taboos, fragmentation and limited scalability continue to thwart ambitions.
What’s Holding Back India’s Resale Market?
Recent startup failures have exposed the gap between bullish growth forecasts and commercial realities in India’s secondhand fashion sector, where cultural taboos, fragmentation and limited scalability continue to thwart ambitions.
Retail
India’s Tata Group Plans 100 Annual Stores for Its Westside Brand
The Mumbai-based conglomerate aims to double the pace of store openings for its premium clothing brand to reinvigorate growth.
India’s Tata Group Plans 100 Annual Stores for Its Westside Brand
The Mumbai-based conglomerate aims to double the pace of store openings for its premium clothing brand to reinvigorate growth.
Global Markets
Indian Textile Stocks Outperform on Trade Deal Optimism
Suppliers to retailers including Gap and Walmart are beating the broader market as investors bet India’s new trade agreements and shifting sourcing patterns will boost exports.
Indian Textile Stocks Outperform on Trade Deal Optimism
Suppliers to retailers including Gap and Walmart are beating the broader market as investors bet India’s new trade agreements and shifting sourcing patterns will boost exports.
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Global Markets
How India’s Aditya Birla Built a Billion-Dollar Fashion Empire
The mining-to-textiles giant’s fashion arm has grown into one of India’s largest players, spanning dozens of homegrown brands and retail partnerships with global names like Reebok, Ralph Lauren and Galeries Lafayette.
How India’s Aditya Birla Built a Billion-Dollar Fashion Empire
The mining-to-textiles giant’s fashion arm has grown into one of India’s largest players, spanning dozens of homegrown brands and retail partnerships with global names like Reebok, Ralph Lauren and Galeries Lafayette.
Stores
New Balance’s India Partner to Introduce More Global Brands in Expansion
Brandman Retail plans to bring brands such as Salomon and Anta to the Indian market and more than quintuple its store count by 2028, betting on rising demand for global labels.
New Balance’s India Partner to Introduce More Global Brands in Expansion
Brandman Retail plans to bring brands such as Salomon and Anta to the Indian market and more than quintuple its store count by 2028, betting on rising demand for global labels.
Global Markets
The Malls Powering Luxury Sales in India
A handful of malls with prime locations, smart zoning and crowd-pulling anchor brands have emerged as standout properties in the fast-growing Indian market.
The Malls Powering Luxury Sales in India
A handful of malls with prime locations, smart zoning and crowd-pulling anchor brands have emerged as standout properties in the fast-growing Indian market.
Retail
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
The News in Brief
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.