Local beer makers call the shots in value segments; gain combined mkt share by 400 bpsIndia's largest beer brands, United Breweries and AB InBev, have lost a significant market share to local brands like British Empire, Godfa...
Desi versus imported: India has a whisky problem with the UKThe deal is stuck on whisky and a few other issues. India and the UK have been negotiating an FTA since January last year, when they had se...
Political visibility of Indian-Americans far bigger than 1% population shareIndian-Americans, although a tiny percentage of the US population and registered voters, are gaining political, social and economic influen...
Premium spirits sales on a high as big stores bloom"Transformation in the alcobev retail environment, with larger browsable retail formats with a range of imported and domestic brands and ca...
SSG, Apollo in talks to buy IIFL's wholesale bookThe Rs 4,560-crore exposure to real estate developers constitutes nearly 13% of its total portfolio of Rs 37,951 crore.
Suits ain't in vogue anymore: Millennials match light denims with blazers as work wearMenswear designer Kunal Anil Tanna says the blazers have transformed over the years.
Backpack to work: Bag makers are innovating to meet the new demandAs offices become more mobile with laptops and assorted gadgetry (chargers, tabs, power banks and mobile phones), a backpack has become the...
IRDAI clears different licences to new playersIrdai in its board meeting held on March 3 has cleared different level of regulatory clearances to the new companies intending to enter cou...
Johnson Market in Bengaluru was set up in 1929 on a Persian trader's stableNamed after a former British civil servant, Johnson Market was initially called Richmond Town Market.
Cash rich businessmen, running businesses from panmasalas to power, take a plunge in luxury retailIn fact, more than half a dozen luxury fashion labels including Tom Ford have partnered with local entrepreneurs with no prior association.
Luxury brands like Armani, Gucci and Versace start clearance sales earlyIn the past years, most brands would put up the sale signs in January. This year, for most brands, sales picked up only post Diwali and a l...
Luxury brands like Cartier, Armani, Diesel and others use WhatsApp to promote products in India“The service helps us connect better with the clients not just in the metro cities where we have stores, but also 45 locations across India...
Sikkim’s poll today may bring in new multi-party wave in the stateMore than 2,900 monks from over 100 monasteries of the whole state will elect one of the three Lamas contesting for a seat called 'Sangha,’...
1,305 IAS & 2,610 IPS officers miss assets returns deadlineThe returns should contain details of immovable properties owned by the officers including shares, debentures and bank deposits.
Weaker rupee a luxury companies can't afford, to push up pricesMarketers of most luxury products, from watches and bags to clothing and shoes, plan to increase their prices by 10-15%.
Luxury buyers prefering bright colours over sober classicsFrom cars and clothes to accessories and homes, luxury buyers splurge on bright shades instead of sticking to timeless classics.
Gianni Versace SpA snaps ties with Indian partner Blues Clothing CompanyGianni Versace SpA has terminated its exclusive franchise agreement with Indian partner Blues Clothing Company citing "poor performance".