One of India’s leading lighting solution manufacturer, Anchor Lighting, has unveiled its first state-of-the-art LED lighting showroom in Mumbai. The ‘touch and feel’ experience store houses a wide variety of home decorative lighting concepts and solutions.
With an in-house simulation room, customers will be able to view the lighting effects of various kinds of lighting fixtures and installation options in different settings. The showroom brings alive, ample possibilities of LED lighting and helps customers understand how the integrated lighting solution works in a given home environment. It will also have a comprehensive range of lighting solutions for the entire home. The 47 new models that will be available at the showroom include Large Ceiling Light, Compact Ceiling Light, Chandelling (chandelier-like decorative ceiling light), Down-light, Line Light and Wall bracket models.
Speaking on the launch, Makoto Kitano, Director of Lighting Business Division and Vice President of Eco Solutions Company said, “Driven by our commitment to the Indian consumer and the local market, this new LED lighting experience centre will help us serve our customers better with our best-in-the-class products. It will encompass our overall approach to impeccable quality assurance, demonstrating the importance of stylish, carefully-crafted lighting in the daily lives of our consumers.” He further added, “Anchor contributes significantly to Panasonic overall turnover and we are hoping to drive increment in the market share from this segment in the coming years.”
Arvind Lifestyle Brands has entered a partnership with India’s leading retail chain, Shoppers Stop to setup and launch shop-in-shop of Next. The SIS of the British brand will be opened at Shoppers Stop’s Juhu store and will be spread across 600 sq ft.
The shop-in-shop will retail apparels for kids from the age of 2 to 12 years. The range will also have hosiery, socks, shoes and accessories.
The brand will be an addition to Shoppers Stop portfolio and will bring in the value of being aspirational brand.
J Suresh, MD & CEO, Arvind Lifestyle Brands said, “For the first time in India we are bringing speciality retail inside a department store. Next provides Shoppers Stop consumers best of British kids fashion wear offering. On the other hand, Next can take advantage of the ready consumer base of Shoppers Stop. We expect this to be a win-win collaboration between speciality retailers and department stores.”
The ecommerce marketplace, Amazon India, has launched its pilot project for Cash on Delivery service driven by India Post. The service is being tried along with reverse logistics.
COD will only be practiced on products that are being ‘Fulfilled by Amazon’. The customer can see the tag of ‘Fulfilled by Amazon’ on the product and “Eligible for Cash on Delivery” on the product details page. COD is currently being offered with no extra charges but going further a convenience fee of Rs 39 will be charged.
The marketplace has also launched ‘One Day Delivery’ service. The service is limited to selected pin codes and cities including Bangalore, Mumbai, New Delhi, Ahmedabad, Hyderabad and Pune. So customers in the selected pincodes can choose for the service at the time of check-out. To avail the service, you have to pay Rs 99.
India has been across various reports, has emerged as a luring destination for investors in various sectors. Of these sectors, retail is seeing a splurge of investment, especially with FDI opening up in single brand and multi brand.
This time the high-end Italian brand, Stefano Ricci, plans to make an India entry as it awaits FIPB approval for 100 per cent single brand FDI. The brand retails luxury menswear with stores across Europe, US and Asia.
Reports suggest that the brand will open its first store either in Delhi or Mumbai.
Recently, even the crystal and gems brand Swarovski, has also filed proposal with FIPB for 100 per cent single brand FDI.
After making a successful entry in to Mumbai, Delhi and Chennai, Tata Starbucks, now opens its flagship outlet at Bengaluru. Celebrating the heritage of the city, this flagship store is located opposite Raheja Arcade, 7th Block, Koramangala in Bengaluru.
Spread across 3,000 sq ft, the store is inspired by the architectural style and tradition of the Bengaluru Bungalow, the store design embraces the lush landscape and greenery of the “Garden City”. The store celebrates the artisans of Southern India by integrating locally sourced material, architectural treasures and antiques mostly found in traditional bungalows. The store also pays tribute to the significance of its location in Karnataka – the birthplace of coffee in India.
What’s more: Two more Starbucks will open soon in the city, each at Phoenix Market City and Orion Mall at Brigade Gateway, respectively.
One of the leading tile brand of India, Asian Granito, plans to ramp up its retail business by opening 100 new exclusive AGL Tiles World stores. Currently the brand has 44 stores and the number will reach 100 by end of 2014.
The existing 44 stores have been opened since fiscal 2012-13 till now in cities including New Delhi, Kanpur, Jaipur, Bangalore, Hyderabad, Patna, Mumbai, Nasik, etc. New stores will be coming up in Punjab, Uttar Pradesh, Karnataka, Kochi and Patna.
Kamlesh Patel, Chairman & MD of Asian Granito India said, “The domestic market is expected to witness a strong growth in the years to come. The per capita consumption of ceramic tiles in India is expected to maintain a healthy growth rate with rising disposable incomes, rapidly growing purchasing power of the middle class and increased urbanisation. We have been particularly focused on tapping this opportunity and increasing our market share by setting up 44 exclusive showrooms in various cities of the country and plan to add many more in the coming months.”
JustEat.in, the Bangalore based food odering and table reservation venture, has raised third round funding. Though the company puts the amount as disclosed, but ensures it being the largest so far for them.
The funding led by JustEat Holdings, Forum Synergies and Axon Partners Group, will allow the venture to expand the team size, build a stronger network, accelerate growth and expand further in metros.
With the money raised, Forum Synergies and Axon Partners Group have bought a minority stake in the company, while the majority remain with UK-based Just Eat Holdings Ltd.
JustEat.in currently operates in Bangalore, Delhi (National Capital Region) and Mumbai, signed with 2,500 restaurants and 3 lakh registered users.
The natural care brand, Lotus Herbals, has entered the Indian retail arena with the launch of its two exclusive brand outlet (EBO) in NCR, the first at Great India Place Mall, Noida and the second at IGI Airport, New Delhi. With the new stores, the brand aims to increase visibility and offer enhanced customer experience.
In this exclusive shopping zone, the Lotus EBO is surrounded by premium lifestyle and luxury brands and is open 24 * 7, allowing customers to do the last minute shopping before departing for their journeys. The outlets reflects the brand’s modern aesthetics with the focus on color palette, visuals and mood boards that enhance the brand experience.
Lotus, going further, will expand its presence across high end malls, high streets and airports, across key metros in India. In the near future, Lotus Herbals plans to open more exclusive stores in Delhi & Mumbai and has set a target of opening 20 EBOs in the current financial year.
Elaborating on the launch, Nitin Passi, Director, Lotus Herbals, says, “It has been our endeavor to provide the Indian consumer the finest natural care products that are free of harsh chemicals and preservatives. The objective of our retail foray is to provide our consumers the right brand experience and make our entire range of products available under one roof.”
With the expanding infrastructure market, mebelKart, a new venture has emerged in the home and decor e-commerce space. Started by industry professionals from IITs and BITS, have joined hands and are currently operational in Bangalore, Mumbai, Pune and Delhi.
With an aim to offer good quality products and bring about transperency in the system of Furniture selling through the use of technology. MebelKart intends to use various technical tools to make the process of furniture selling customer friendly and seamless.MebelKart is already present in Bangalore, Mumbai, Pune, Delhi, Chennai, hyderabad and other various cities of india. The company is also working towards building web and mobile technologies for making a customer’s selection procedure and purchase easier. Furthermore, they plan to expand to reach to tier-2 cities, adding more categories to their portfolio.
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