Tag: India

Mauritian Hugo Boss supplier banks on India unit to fuel growth

By Bloomberg Published September 30, 2024 Ciel Ltd., a Mauritian-based conglomerate, plans to increase output at its textile factories in India by about a third to boost supply to brands including Hugo Boss, Lacoste and Superdry. See catwalkBoss – Spring-Summer2025 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight The company’s textile division in India has [...]read moreMauritian Hugo Boss supplier banks on India unit to fuel growth

Gold pushed to new records as India demand reignites

By AFP Published September 28, 2024 Gold reached record-breaking levels in September, buoyed by a bumper US interest rate cut, fears of rising geopolitical conflict, and an import tax cut in India that has galvanised local demand. AFP India, the world’s second largest consumer of gold jewellery, cut the import tax on gold in July [...]read moreGold pushed to new records as India demand reignites

A century old Raymond Group is planning two India listings by end of 2025

By Bloomberg Published Sep 2, 2024 A nearly 100-year-old Indian conglomerate Raymond Ltd. is looking to list its apparel and real estate units by the end of 2025 as the founders look to boost shareholder value. Raymond Group is one of India’s largest textile and clothing businesses – Raymond- The Complete Man- Facebook The group, [...]read moreA century old Raymond Group is planning two India listings by end of 2025

Clarks could close all India stores

British footwear brand Clarks could close all of its brick-and-mortar stores in India. The development follows the termination of Clarks’ two-year retail agreement with Reliance Industries Limited’s Reliance Retail and could result in an exit strategy from the country. Clarks retails both casual sneakers and formal leather footwear for men, women, and children – DSI [...]read moreClarks could close all India stores

First time in India: A memorable journey

India, a land of captivating contrasts, has always exerted a magnetic pull on me. When the opportunity arose to partner with Memorable Journeys, an Indian Destination Management Company (DMC), I couldn’t resist the chance to explore even a small corner of this fascinating subcontinent. Their expertise in crafting tailored itineraries promised an unforgettable familiarization trip, [...]read moreFirst time in India: A memorable journey

Puig strengthens its presence in the Asian market with subsidiaries in India, Japan, and Korea

Translated by Roberta HERRERA Published Jul 18, 2024 The Spanish beauty group Puig has reinforced its position in the Asian market by establishing subsidiaries, launching its South Korean branch last year and inaugurating new ones in India and Japan this year. Marc Puig – Puig As Marc Puig, the chairman of the group, explained to [...]read morePuig strengthens its presence in the Asian market with subsidiaries in India, Japan, and Korea

AWWG in key deal with G-III for global brand growth; Iberia, US, India in focus

The Spanish owner of Pepe Jeans and Hackett, AAWG, has announced a “strategic and investment partnership with the global leader in fashion G-III Apparel Group, via an ownership stake of approximately 12% of AWWG”.  Pepe Jeans London The partnership “will enhance the growth and priorities” of the aforementioned brands, as well as of its Façonnable [...]read moreAWWG in key deal with G-III for global brand growth; Iberia, US, India in focus

Reliance Retail and ASOS confirm exclusive tie-up for India own-brands launch

Rumours of a Reliance Retail-ASOS link-up earlier this spring were confirmed on Thursday as the two companies said they’re partnering to launch ASOS own-brands in India. ASOS/Reliance Retail Under the licensing agreement, Reliance Retail will be the exclusive retail partner for ASOS across all online and offline channels in India. This is a first for [...]read moreReliance Retail and ASOS confirm exclusive tie-up for India own-brands launch

India urges political parties to avoid using deepfakes in election campaigns

India’s Election Commission has issued an advisory to all political parties, urging them to refrain from using deepfakes and other forms of misinformation in their social media posts during the country’s ongoing general elections. The move comes after the constitutional body faced criticism for not doing enough to combat such campaigns in the world’s most [...]read moreIndia urges political parties to avoid using deepfakes in election campaigns

Social Platforms Face Challenges in India Business Development

Over the last decade, India has become a key focus for many social apps. The second most populous nation in the world, India offers reach to more than a billion potential new users in its own right, and its fast evolving digital economy could, and should, provide significant potential for social platforms, especially those that [...]read moreSocial Platforms Face Challenges in India Business Development