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Ahead of IPO, Powerica mobilises Rs 329 crore from anchor investorsPowerica Ltd secured Rs 329.40 crore from anchor investors. The company's Rs 1,100-crore IPO opens for subscription on March 24. Funds will...- Film-maker Hansal Mehta ties the knot with Safeena Husain after 17 years together, couple are parents to two kidsThe film-maker was previously married to Sunita Mehta.
- Pakistan emerges as a top market for Indian designers, even as political issues play foulPakistan is emerging as a big market for Indian designers, with a growing appetite for India-made Sherwanis and Salwars among the country's...
- Home Advantage: Couples increasingly enter into entrepreneurship despite challengesDespite challenges, more couples such as the Jains are entering the little-trodden terrain of entrepreneurship together.
- Italian luxury apparel brand Canclini Tessile in JV with Emperor TextilesCanclini Tessile makes the Via Montenapo brand of shirts which retail at prices starting from Rs 5,000 and can go up to Rs 30,000.
- Apparel firms Lilliput, Madura, Arvind and others on expansion spreeA clutch of apparel and lifestyle product makers in India have drawn up plans to give customers a reason to splash.
- Delhi airport emerges as the best retail location for luxury brands like Swarovski, M&S & HidesignDelhi airport is the most lucrative retail location in the country, having generated sales of 5,000 per square feet per month in 2011.
- Luxury brands like Kimaya Fashions, Hermes and others prefer heritage homes over five-star hotelsHeritage homes are fast becoming the favourite hunting grounds of luxury brands scouting for premium retailing space in India.
- Shoppers Stop, Kimaya, Nirula's, Samsung & Axis Bank offer mystery shopping audit to improve performance of sales staffA slew of cos such as WeMark, Bare International, Shaw Hotels & Consultancy and Grass Roots now offer mystery shopping audit.
- Franklin Templeton to buy 20% stake in Kimaya Fashions for about Rs 60 crUS investment firm enters booming Indian fashion market. The Rs 60-crore deal values Mumbai-based designer wear retailer at Rs 300 crore.
- Kimaya eyes domestic PE funds, may dilute up to 20 pc stakeWith FDI in multi-brand retail delayed, fashion house Kimaya Studios is now in talks with domestic private equity firms to raise capital fo...
- Global Wines, Kimaya Fashions form JV to sell Australian wineGlobal Wines & Spirits and Kimaya Fashions today entered into a joint venture to sell premium range of Australian wines under the brand nam...
- Kimaya in talks with PEs to sell 20% for Rs 100 crOwners of Kimaya Studios, a Mumbai-based fashion house, are in preliminary talks with a host of private equity (PE) firms to divest around ...
- Premium clothes set to cost morePremium clothing brands such as Van Huesen, Arrow, Izod, US Polo, Reebok and Kimaya Fashions are set to hike prices by up to 10% to offset ...
- Kimaya in talks with PEs to sell 15%Owners of Kimaya Studios, a Mumbai-based fashion house, are in talks with private equity firms to offload more than 15% stake in the design...
- Tax hike hits foreign garment brandsGarment retailers such as Marks & Spencer, Wills Lifestyle and Orient Craft are having a rather gloomy festival season, despite consumers f...
- Kimaya firms up plans for US & UK presenceThe privately-held company will also unveil three more specialty formats as it expands to smaller cities within India, and is also working ...
- Fashion week ends with increase in ordersCurtains came down on the Wills Lifestyle India Fashion Week 2008 on Sunday with several designers going home with substantial orders from ...
- Kimaya ties up with Max Mara for India launchAs the fad for designer labels catches up in the country, leading fashion house Kimaya Stores is planning a retail expansion with about 40 ...
- Wills fashion week sees good businessThe recently-concluded fashion week may have lacked glamour quotient with fewer Bollywood stars in the show, but it was a success business ...
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