Neetu Kashiramka, MD, VIP Industries Neetu Kashiramka, MD, VIP Industries, says VIP has lost quite a lot of market share in the last three to four years but is geared up to get back the lost market share. A lot of work has been undertaken around products. Kashiramka says: “Our product will now compete directly…
Westside, a department store by Tata‘s Trent which houses around 20 private labels, is planning to expand its beauty segment along with increasing its share from e-commerce, Shailina Parti, COO at Trent Ltd. told ETRetail. The brand, which on average opens 30 stores each year, is expanding the area dedicated to beauty by 3x in…
Representative Image New Delhi: Brand Studio Lifestyle (BSL), a house of fashion brands, has expanded into the Middle East e-commerce market, it announced in a press release on Thursday. The expansion will cover countries including the UAE, Saudi Arabia, Bahrain, Kuwait, Qatar and Oman. For the expansion, the company is going to partner with e-commerce…
Luxury fashion brand Cartier, recently opened its second its boutique in Mumbai at Jio World Plaza. Through the years, India has become one of Maison’s key influences, helping inspire a new language through the exchange of design, craftsmanship, and stones. Expanding Cartier’s footprint in India is central to our global and regional growth strategy, Gaetan…
Representative image New Delhi: Cultfit’s D2C arm Cultsport, which sells sportswear, indoor fitness equipment, cycles, and more is betting on offline as a key channel as it plans to open an exclusive brand outlet every month, shared a top official of the company. Talking to ETRetail, Shamik Sharma, business head, Cultsport said, “We have over…
Tanishq, an Indian jewellery brand, has opened its store here and in Frisco as part of its global business expansion strategy and to cater to the growing needs of the Indian diaspora in the US. The US state of Texas, with the second largest Indian Diaspora, is now home to two of Tanishq’s stores, one…
India’s gems & jewellery industry has seen a growing trend in the recent past. Lab-grown diamonds (LGDs) have established a niche for themselves among consumers who focus on affordability, says Vipul Shah, Chairman, Gem & Jewellery Exports Promotion Council (GJEPC). In an interaction with ET Digital, Shah says he is upbeat about the prospects of…
New Delhi: The contribution of the textile industry to the country’s GDP is projected to double to 5 per cent from the current 2.3 per cent by the end of this decade, according to a recent report by CII and Primus Partners. Further, the Gross Value Added (GVA) is expected to see a consistent growth…
Bhaane tshirt New Delhi: Clothing retailer Bhaane has partnered with global sports organization, the National Basketball Association (NBA) to launch and operate the e-commerce platform NBAStore across India, the company announced in a press release on Thursday. “The NBA is one of the largest sports leagues globally, and we’re excited to collaborate with them on…
In an email communication, online social shopping platform Poshmark informed customers that it will be closing its India business on October 26. The US-based e-commerce firm, which specialises in the sale of second-hand products, had launched its India operations in September 2021, as part of a wider international expansion into markets such as Australia. The…
