Premiumisation Story: Titan set to launch an invite-only jewellery store with minimum ticket size of Rs 10 lakh – ET Retail

New Delhi: Titan Company Limited is all set to launch an invite-only retail store which will sell luxury jewellery with a minimum ticket size of ₹10 lakh. The move comes as India’s consumer companies rush to premiumise to tap into the strong demand at the higher end of the consumer discretionary market. The company has…

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H&M sales expand 40% in FY23, retains position as India’s largest fast fashion brand by revenues – ET Retail

Swedish fashion retailer Hennes & Mauritz (H&M) posted a 40% increase in sales in the year to March 2023, still managing to retain its position as India’s largest fast fashion brand by revenues on lower pricing. The sales expansion, however, was lower compared to 49% a year ago, indicating consumer shift to competition including Uniqlo…

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