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Articles

Titan focuses on value led growth this Akshaya Tritiya

23 hours ago | in.fashionnetwork.com | Isabelle Crossley

Titan Company is focusing on value led growth over volume growth for the Akshaya Tritiya festive season. Aiming to mitigate consumer uncertainty over high gold prices, the business expects to see double digit growth mainly fuelled by higher ticket sizes. "With so many global uncertainties, gold has turned into a safe haven," said Titan Company's Jewellery Division CEO Ajoy Chawla, ET Retail reported.
India's gem and jewellery industry could reach reach $128 billion by 2029: 1Lattice

23 hours ago | in.fashionnetwork.com | Isabelle Crossley

India’s gem and jewellery industry is expected to grow significantly, with its market size projected to reach $128 billion by 2029, according to a new report from advisory firm 1Lattice. Titled 'Glimmers of Growth,' the report highlights a 9.5% compound annual growth rate driven by rising middle-class incomes, increased demand for certified and branded products, and a broader shift towards digital retail platforms.
Tira expands from beauty into lifestyle

1 day ago | in.fashionnetwork.com | Isabelle Crossley

Reliance Retail's beauty retail platform Tira has expanded its product portfolio to include lifestyle goods and launched a range of branded flasks on its direct to customer e-commerce platform. The move marks the platform’s entry into beauty-adjacent categories, broadening its offering beyond cosmetics and skincare, India Retailing reported.
Tiger Marrón seeks funding to fuel retail expansion

1 day ago | in.fashionnetwork.com | Isabelle Crossley

Premium leather accessories label Tiger Marrón is actively seeking funding to support its expansion into offline retail and new markets, planning to expand its retail footprint both in India and internationally. As part of its next growth phase, the brand plans to establish its first brick-and-mortar stores, enhancing customer engagement through physical retail, India Retailing reported. The label also aims to enter the UAE market by partnering with multi-brand outlets.
The Indian Garage Co to boost Kerala retail presence with first store in Thiruvananthapuram

1 day ago | in.fashionnetwork.com | Isabelle Crossley

Fast-fashion label The Indian Garage Co will open its latest exclusive brand outlet at Lulu Mall, Thiruvananthapuram (Trivandrum), over the weekend of April 26 and 27. The 1,800 square foot store will mark the brand’s entry into the Kerala capital, following previous launches at Lulu Mall in Kochi and Amanora Mall in Pune. “Trivandrum is a city that beautifully blends tradition with a forward-thinking youth culture," said The Indian Garage Co's CEO Anant Tanted in a press release.
Meta plans India launch for Ray-Ban Meta glasses

1 day ago | in.fashionnetwork.com | Isabelle Crossley

Meta is preparing to launch its AI-enabled Ray-Ban Meta glasses in India, designed to combine wearable tech with everyday eyewear and offer features including voice-activated queries, translation, and music playback. "Coming soon, we’re launching Ray-Ban Meta glasses in Mexico, India, and the United Arab Emirates," announced Ray-Ban Meta in a blog post on April 23.
Luxury fashion goods over Rs 10 lakh will now accrue 1% TCS

1 day ago | in.fashionnetwork.com | Isabelle Crossley

The Central Board of Direct Taxes has announced the introduction of a 1% tax collected at source for luxury goods including watches, handbags, footwear, and sportswear priced at over Rs 10 lakh. The mandate is effective immediately. "Tracking high value luxury purchases remains a challenge as the market remains opaque, with 'price at request' tag masking the real value," an anonymous senior tax official told ET Bureau.
Zouk launches store in Lucknow's Lulu Mall

1 day ago | in.fashionnetwork.com | Isabelle Crossley

Handbag, accessories, and luggage brand Zouk has launched a new exclusive brand outlet in Lucknow. Located in the northern city's Lulu Mall, the store houses the label's full range of vegan, print focused products. "New drop at Lulu Mall, Zouk is in the house," announced Lulu Mall Lucknow on Facebook, sharing images of the new store. "Totes, slings, and wallets with a desi twist and a modern heart, 100% vegan, 1000% stylish.
Diadem launches in-store colour analysis services with K-Color Code

1 day ago | in.fashionnetwork.com | Isabelle Crossley

Chennai-based fashion house Diadem has introduced in-store colour analysis using the K-Color Code system to bring Korean colour analysis to Indian shoppers and drive in-store footfall. “At Diadem, we wanted to eliminate the guesswork,” said Shiny Cinderella, Diadem’s founder and CEO, In Fashion Business reported. “So many people walk into a store unsure about what suits them. With the K-Color Code, we give them clarity– scientifically and stylistically.
The Body Shop India plans to reduce prices to boost customer acquisition

1 day ago | in.fashionnetwork.com | Isabelle Crossley

The Body Shop plans to reduce many of its product prices in India by between 28% and 30% to boost customer acquisition and increase sales volume growth in the country's increasingly competitive beauty market. "This is not a seasonal or reactive move, it is a long term recalibration of The Body Shop's approach at an omni-channel level," Quest Retail's group CEO Rahul Shanker told ET Retail.