The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The retail operator is planning to spend $32 million refurbishing seven of its Central Department Store locations across Thailand in 2021, the Bangkok Post reported.
Central also plans to renovate its Robinson department stores by the end of the year and will unveil a new Robinson location in Ayutthaya this fall.
Increased domestic demand and government spending have convinced the group to invest in renovating key brick-and-mortar stores; it expects the Central and Robinson department stores to bring in 62 billion baht ($1.9 billion) in sales this year.
Reliance plans to open top-end luxury mall in Mumbai with LVMH and Kering brands set to open stores, marking retail expansion for brands in India.
This week’s round-up of global markets fashion business news also features South African clothing retailer Woolworths, Bahraini asset manager Investcorp and Indonesia’s threats to curb TikTok Shop.
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.
This week’s round-up of global markets fashion business news also reveals the succession plan for an Indian retail billionaire, Kenya’s strategy to revitalise its textile industry and forced labour in Turkmenistan’s cotton harvest.