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IKEA opens first big box format store in Bengaluru

22nd June 2022, Mumbai:

IKEA, a leading Swedish home furnishings retailer, opened the doors to its largest store in India so far, at Nagasandra in Bengaluru today.

The Nagasandra Store in Bengaluru is IKEA's fourth store in India.

The three other IKEA stores are located in Hyderabad, Navi Mumbai, and Worli City Store, respectively. 

IKEA opens first big box format store in Bengaluru

Zouk: To enter footwear segment

24 June 2022, Mumbai:

Zouk, Vegan Accessories to foray into the footwear segment.

Zouk has deepened its product portfolio as it has introduced its India-inspired animat cruelty-free footwear to strike a chord with its target audience.

Zouk product offerings has a range of handbags, laptop bags, tote bags, and pouches.

The brand founders are Disha Singh and Pradeep Krishna Kumar.

CREDITS: Fashion Network

Advertise in FAIR EXPRESS 2022

Zouk: To enter footwear segment

Amazon reiterates commitment to continued growth in India

20 June 2022, Mumbai:

Amazon India has reiterated its commitment to ensure continued growth in the country and remain fully compliant with its rules and regulations.

The business has reaffirmed its commitments to job creation and getting micro, small, and medium enterprises online. The business has even doubled its targets and now aims to create 20 lakh direct and indirect jobs in India and enable $20 billion in cumulative exports by 2025, says Manish Tiwary, Country Manager-Consumer Business, Amazon India

Amazon India has faced strong and sustained criticism from traders’ bodies, most vocally the Confederation of All India Traders, for its alleged monopolization of the Indian e-commerce market. CAIT has held nationwide strikes, boycotts, and campaigns against Amazon India and accused it of violating foreign direct investment regulations, which Amazon has vehemently denied.

Amazon reiterates commitment to continued growth in India

The Luxe Maison expands online couture with new brands

22 June 2022, Mumbai:

Multi-brand luxury fashion platform The Luxe Maison has expanded its online couture offering by launching a wide range of new brands on its e-commerce store. Luxe Maison currently has 50 brands from 20 countries. It offers a range of luxury ready-to-wear as well as couture garments, enabling shoppers to order made-to-measure ensembles from the Indian and international designers online.

The new brands launched by the platform are from France, Lebanon, Israel and Portugal. These include Farah Naz, Letoit, Matsour’I, Gaby Charbachy and Tarik Ediz. Through these brands, the platform aims to introduce Indian and international couture brands to a global audience. The platform also offers payment facilities in currencies of various countries.

The Luxe Maison expands online couture with new brands

Reliance Industries: May buy out Revlon Inc

17 June 2022, Mumbai:

Mukesh Ambani's Reliance considering buying out Revlon in the US, reports say.

Reliance Industries may buy out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy, ET Now reported on Friday, citing sources.

Mukesh Ambani-led Indian oil-to-retail conglomerate is now mulling bidding for a cosmetics maker that filed for Chapter 11 bankruptcy protection in the United States.

CREDITS: RETAIL ECONOMIC TIMES (The news article has not been edited by DFU Publications staff)

Reliance Industries: May buy out Revlon Inc

Birkenstock India: To Expand Offline Retail Presence

15 June 2022, Mumbai:

German Footwear brand Birkenstock has entered the Delhi market with two mono-brand stores two in Select Citywalk, Saket & in DLF Promenade, and Vasant Kunj in Delhi.

Birkenstock styles have been a cult favorite of celebrities, fashion designers, style icons, and consumers across the globe for decades.

The brand’s history dates back to 1774 and it plans to continue to expand its brick-and-mortar presence in India across the country’s key cities, according to Hattab.

Stores took the opportunity of unveiling Birkenstock’s spring/ summer 2022 collection they are in sync with the brand's core philosophy which is to be both functional and seasonal.

Birkenstock India: To Expand Offline Retail Presence

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