BoF Daily Digest | India has long-term potential, Retail investors gauge, Berlin launches bonds, ABS launches lingerie

The Indian luxury dilemma, courtesy of BrandRepublic
India: Potential for luxury, but not yet (AFP)
“Purveyors of luxury goods are waking up from their dream of conquering India as the last great frontier for their high-end and high-priced wares.”
Sixty UK rescued via CVA (Drapers)
“Sixty UK, which trades the Miss Sixty and Energie stores and brands in the UK, has been rescued from administration via a Company Voluntary Agreement (CVA).”
Retail Sales Data to Show Whether Spending Slump Is Ebbing (WSJ)
“Retail investors this week get to gauge how much light is showing at the end of the consumer-spending tunnel.”
Berlin looks to bring bonds to the masses with retail fund (FT)
“The German government plans to take advantage of private investors’ appetite for secure, state-backed investments by launching a bond fund for retail clients based on the nation’s cast-iron debt.”
ABS Launches Fashion-Inspired Lingerie (WWD)
“Allen Schwartz is bringing his contemporary sportswear spin to the intimates arena in a new licensing deal with New York-based Vandale Industries.” (Subscription required)









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