As attention shifts to India’s high-potential luxury market, Mumbai’s traditional luxury district could give the new Jio World Plaza mega-mall a run for its money, writes Imran Amed.
Any fashion company that is contemplating going public needs to have not only the product and brand fundamentals right but also a business strategy that can easily be understood by the markets, writes Imran Amed.
Reliance Industries and Tata Group have launched multi-brand beauty retailers Tira and Tata Cliq Palette respectively in a challenge to incumbents like Nykaa, Purplle and Sephora.
The retail giant will take a 52 percent stake in fashion and homeware labels founded by one of India’s most established fashion designers.
During lockdown Indian e-commerce platforms attracted a bonanza of international investment from the likes of Facebook and a fund backed by LVMH. What can fashion brands do now to tap into this complicated but colossal $43 billion opportunity?