Puig said global revenues for 2022 increased by 40 percent to EUR 3.62 billion euros (USD 3.9 billion), coinciding with a double-digit surge in its Asia market, as the company reinforced its presence …
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Reliance Brands opens first Gap India store
Indian conglomerate Reliance Retail, which inked the rights to sell U.S. apparel brand Gap in India last year, on Friday opened Gap’s first store in the country, ahead of plans to roll out multi…
Changi Airport retail sales hit USD 822M on Indonesia, India, Thailand spend
Changi Airport concession sales reached SGD 1.1 billion (USD 822 million) in 2022, representing 37 percent of 2019 levels. Turnover from airside and public shops (excluding those from Jewel Changi [&#…
Shiseido launches Nars in India
Japanese cosmetics giant Shiseido announced on February 10 the launch of its New York-headquartered makeup brand Nars Cosmetics in India via a strategic distribution partnership agreement with Global …
India’s Reliance Retail acquires V Retail
Indian conglomerate Reliance Retail has acquired Telangana and Andhra Pradesh-based footwear and apparel retailer V Retail Pvt Ltd, which operates the Centro retail chain in India. SEE ALSO: Reliance …
Carlyle Group buys majority stake in India’s VLCC
Global private-equity firm Carlyle announced on January 10 it has taken a majority stake in Indian skincare and beauty platform, VLCC. SEE ALSO: India’s Reliance in talks for Prabal Gurung stake [R…
Miniso opens 60 India stores in 2022, to focus on e-comm in 2023
Global lifestyle retailer, Miniso has revealed as of the end of 2022, it set a record in India for the highest number of new store openings since the pandemic, estimated […]…
India’s Reliance in talks for Prabal Gurung stake
Indian conglomerate, Reliance Retail, is said to be in talks to take a stake in American luxury fashion brand, Prabal Gurung. SEE ALSO: Reliance launches its first in-house premium fashion store [R…
Online marketplaces in India to reach USD 350 billion in GMV by 2027
With a large addressable market, growing online shopper base, and increasingly digitalised micro, small, and medium enterprises (MSMEs), online marketplaces in India contribute more than USD 100 billi…
Indian conglomerate Tata plans to open 20 ‘beauty tech’ outlets
The Tata Group plans to open as many as 20 “beauty tech” stores where it will offer virtual makeup kiosks and digital skin tests to attract young, affluent shoppers. SEE […]…