Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
Mumbai, India
Beauty
L’Oréal Paris and Tira Beauty Bring Paris Fashion Week to India
The milestone collaboration spotlights emerging Indian talent and gives Reliance Retail’s Tira a high-profile platform in India’s fast-growing prestige beauty market.
L’Oréal Paris and Tira Beauty Bring Paris Fashion Week to India
The milestone collaboration spotlights emerging Indian talent and gives Reliance Retail’s Tira a high-profile platform in India’s fast-growing prestige beauty market.
Global Markets
India’s Garment and Jewellery Sectors Fear for US Orders After Tariff Shock
New US tariffs on Indian imports are expected to significantly impact India’s exporters, potentially leading to job cuts and a shift in orders to other countries like Vietnam.
India’s Garment and Jewellery Sectors Fear for US Orders After Tariff Shock
New US tariffs on Indian imports are expected to significantly impact India’s exporters, potentially leading to job cuts and a shift in orders to other countries like Vietnam.
Global Markets
Exclusive: Inside the Launch of Arks, Ranbir Kapoor’s Lifestyle Brand
Today in Mumbai, the Bollywood superstar is launching a premium lifestyle label with a range of sneakers, everyday clothing and accessories.
Exclusive: Inside the Launch of Arks, Ranbir Kapoor’s Lifestyle Brand
Today in Mumbai, the Bollywood superstar is launching a premium lifestyle label with a range of sneakers, everyday clothing and accessories.
Global Markets
Sabyasachi Stages Lavish Mumbai Show Amid Global Expansion
Indian fashion star Sabyasachi Mukherjee marked his 25th anniversary in business with a spectacle that sought to position his Sabyasachi label as ‘India’s first global luxury brand.’
Sabyasachi Stages Lavish Mumbai Show Amid Global Expansion
Indian fashion star Sabyasachi Mukherjee marked his 25th anniversary in business with a spectacle that sought to position his Sabyasachi label as ‘India’s first global luxury brand.’
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Luxury
Where Will Mumbai’s Luxury Customers Shop?
As attention shifts to India’s high-potential luxury market, Mumbai’s traditional luxury district could give the new Jio World Plaza mega-mall a run for its money, writes Imran Amed.
Where Will Mumbai’s Luxury Customers Shop?
As attention shifts to India’s high-potential luxury market, Mumbai’s traditional luxury district could give the new Jio World Plaza mega-mall a run for its money, writes Imran Amed.
Luxury
Dior to Show at Mumbai’s ‘Gateway of India’ Monument
At European luxury’s first major outing in the fast-growing Indian market, designer Maria Grazia Chiuri will showcase the focus on feminist values and global craftsmanship that have helped power growth for Dior, BoF can exclusively reveal.
Dior to Show at Mumbai’s ‘Gateway of India’ Monument
At European luxury’s first major outing in the fast-growing Indian market, designer Maria Grazia Chiuri will showcase the focus on feminist values and global craftsmanship that have helped power growth for Dior, BoF can exclusively reveal.
Global Markets
Indian Beauty E-tailer Nykaa Sets IPO Date, Acquires DTC Skincare Brand
The Mumbai-based platform for personal care products will launch its initial public offering on Oct. 28 to raise up to 52 billion rupees (around $695.8 million).
Indian Beauty E-tailer Nykaa Sets IPO Date, Acquires DTC Skincare Brand
The Mumbai-based platform for personal care products will launch its initial public offering on Oct. 28 to raise up to 52 billion rupees (around $695.8 million).
Global Markets
India’s Fashion Industry at a Crossroads
As the virus spreads and the economy falters, the country’s fashion industry is nearing crisis point. With sales down, stores closing and artisan supply chains under pressure, designers are digging deep to become even more entrepreneurial.
India’s Fashion Industry at a Crossroads
As the virus spreads and the economy falters, the country’s fashion industry is nearing crisis point. With sales down, stores closing and artisan supply chains under pressure, designers are digging deep to become even more entrepreneurial.
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Global Markets
India Conglomerate Launches Online Store to Take on Amazon
JioMart, backed by Asia's richest man, promises more than 50,000 grocery products, free home delivery and a return policy that asks no questions.
India Conglomerate Launches Online Store to Take on Amazon
JioMart, backed by Asia's richest man, promises more than 50,000 grocery products, free home delivery and a return policy that asks no questions.
Global Markets
‘Secret’ Indian Ateliers Keep Luxury Brands Buoyant
Hermès, Gucci, Prada and Christian Dior have all tapped ateliers in India to do exquisite handwork for the catwalk, but other luxury brands shroud their Indian connections in secrecy. Why?
‘Secret’ Indian Ateliers Keep Luxury Brands Buoyant
Hermès, Gucci, Prada and Christian Dior have all tapped ateliers in India to do exquisite handwork for the catwalk, but other luxury brands shroud their Indian connections in secrecy. Why?
Global Markets
Fire at New Delhi Handbag Factory Kills 43
One of the worst fires in recent memory in New Delhi broke out in a cramped, commercial neighborhood.
Fire at New Delhi Handbag Factory Kills 43
One of the worst fires in recent memory in New Delhi broke out in a cramped, commercial neighborhood.
Retail
India's Reliance Targets More Retail Acquisitions Abroad
The multinational conglomerate is looking to buy fashion and child-focused retailers abroad, and partner with global sports and beauty brands as part of its expansion into consumer markets.
India's Reliance Targets More Retail Acquisitions Abroad
The multinational conglomerate is looking to buy fashion and child-focused retailers abroad, and partner with global sports and beauty brands as part of its expansion into consumer markets.
The News in Brief
Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.