Bags are a necessity for everybody. Be it our day to day routines, going out for evenings, traveling or even at home for utilities. So we bring to you an ensemble of bags which you can choose from, depending on your need.Here’s the list:
India is slowly and gradually accepting luxury and increasing the space for luxury in India. According to a recent report by Cushman & Wakefield, luxury in India will acquire 1.44 per cent of the total retail market by 2015 as against one per cent currently, while the total retail malls stock is set to increase by 27 per cent by 2015.
Highlighting the changing luxury retail scenario in India, the report suggests that total current operational mall space in the organised retail sector across the top seven cities of India is estimated at 66 million (approx.) sq. ft. of which luxury retail space is only 770,000 sq. ft.
Of the seven cities, Delhi/NCR leads the space acquisition at 38 per cent, followed by 21 per cent in Mumbai and 17 per cent in Bengaluru.Due to a strong mall culture and fashion hubs in the country, NCR and Mumbai lead the show while a great level of disposable incomes and a leading IT hub Bengaluru has become the third best destination. Continue reading Delhi leads to be the luxury capital of India
One brand that stirred one of the crucial yet unorganised helmet and riding gear sector, is now aiming to reach new heights as it expands its retail presence, product offerings, licensing tie-ups and even creating awareness. Steelbird Hi-Tech India, has now started a new chapter of making this journey even better. In discussion with Rajeev Kapur, Managing Director, Steelbird Hi-Tech India Ltd, iGrow gets to know more about their plans and strategies.
Rajeev Kapur, Managing Director, Steelbird Hi-Tech India Ltd Continue reading iGrow Interviews: Steelbird aims to be Rs 500 crore company by 2015
One of India’s largest marketplace, Snapdeal, launches Wedding Store online. Must say, what could have been a better time to leverage than now to launch which will gain great traction during festive and wedding season.
With this Snapdeal will also satiate a particular shopping need which is a lifetime event in itself. So if you are looking for products for Bachelorette/Bachelors to your wedding and reception, the store ensures you to offer almost everything. Interestingly, the products have been segregated according to the need of a particular ceremony for both men and women.
The products are available across categories including footwear, clothing, accessories, jewellery, perfumes, cosmetics and others. The brands available include Bluestone, Carlton London, Chhabra 555, Lancome, L’Oreal Paris, Ethnic Jewels, Bobbi Brown and others. Moreover, some brands are running special offer to promote the store and stir the wedding shopping online. The question is are consumers ready to shop online for their wedding, I think we still love the traditional way when it comes to wedding? Maybe a workable option for ones who are running out of time.
One more suggestion, kindly make product pictures more sharper, they look pixelated!
With the festive season starting from today we bring to you some great jewellery options for you to wear. The pieces are surely going to make you look your exquisite best on all the occassions and fesitivities in store. Hope you enjoy your season of festival.
The affordable luxury brand, Lacoste, plans to expand its retail presence across India. The aim is to double the current store count in next four year.
Presently, the brand operates through 41 point of sales. Of this 41, 29 are exclusive boutiques while the rest are shop in shops at leading retail stores including Shoppers Stop and Lifestyle.
The brand which expects 25-35 per cent y-on-y growth, also aims to double its revenues in next three years.
With FDI and international brands announcing their entry in to the Indian market, the existing domestic and international brands are now pumping up their product range and retail presence in order to keep their customers intact. But, in my opinion, the stronger competition lies in the e-commerce arena which is giving a chance to other smaller brands that claim to offer equally qualitative and innovative products. The question lies that going further will the Indian consumer move beyond brand aspiration and loyalty? Will brand name take a backseat?
From the House of Inditex, Massimo Dutti, gets approval to sell its clothing, apparel, footwear and accessories in India. The brand has received approval from Foreign Investment Promotion Board (FIPB) this weekend.
The Inditex owned brand Zara already sells in India through a JV between Inditex and Tata Trent. Similarly, Massimo Dutti will also enter through the same JV. Though the brand’s first application was rejected last year, but now the brand will enter under the new FDI policies.
Massimo Dutti which was acquired by Inditex in 1991 to enhance the group’s product portfolio, is one of the expensive brands in the group. It sells daily and formal wear which is detailed in design, is classic and available for men, women and kids.
India still has the gap of a brand that serves the complete family with classic formal wear which will be well filled by the brand.
With this brand, Inditex is set to gain a stronger foothold among the consumers who are already glued to buying Zara in India. Zara has been a hit and this has been seen in recent revenue reports of Rs 450 crore in the fiscal ended March’13, leaving behind some of the largest Indian retail names in the country.
The footwear brand, Khadim India, with its expansion plan in place, has raised Rs 90 crore from Reliance Equity. The funds will be utilised towards the brand expansion and also getting over with its existing debts.
The money infused will be locked in for three years, post which the brand will go for an IPO. Currently, the company has issued compulsorily convertible debentures worth Rs 90 crore to Reliance Equity which will be converted into equity shares by end of this fiscal.
Khadim’s 90 per cent business is footwear while they also run four gold jewellery retail stores in the name of Sona Khazana.
The new addition takes the number of products available to 27,500 and brands to 180.
While with fashion and lifestyle, the marketplace brings two new stores: fashion jewellery and watches. Under home and kitchen category, the products available will include small appliances, kitchenware, dining, home furnishings, home décor, home organization and more.
For the home and kitchen, the brands that Amazon has tied up with brands which includes Wonderchef, OneTouch, MOM Italy, Unravel India, Prime etc. While for jewellery they are a lot of boutique designers including Isharya; ‘Valliyan’ by Nitya Arora, Bansri, ‘Maya’ b y Rosalind Pereira; ‘Made by M’, to name a few; the watches are from some leading brands including Casio, Timex, Titan, Fastrack, Fossil, Esprit, Tommy Hilfiger, Sonata, Citizen, Disney, Diesel, DKNY, Guess and more.
Hidesign, the luxury leather handbags and accessories brand, has seen nearly 215 per cent growth in its e-commerce business in the first half of 2013-14 in comparison to last year. The growth is due largely from the opening of new accounts, and is expected to maintain this rate into next year as Hidesign continues to open new accounts. Continue reading Hidesign experiences 215% growth in e-commerce