The CEO of high-end Italian suitmaker Canali says that India is among its top ten markets globally. So far in 2013, the luxury clothing maker has seen 14% growth in sales over last year. The company is e opening a store in Kolkata and "As soon as some new locations...
India among top 15 emerging retail markets
A.T. Kearney's Global Retail Development Index for 2013 views India favorably and realistically. It points to India's large, young, increasingly brand- and fashion-conscious population. Retail growth of 14 to 15 percent per year is expected through 2015. "Modern retail" remains limited (7 percent in 2012), but it is expected to...
Bangalore and Mumbai are most the Expensive cities for Average Indian Consumers
Analysis of the most recent Consumer Price Index data released by Reserve Bank of India shows that Bangalore has the highest average cost of living in India, followed by Mumbai, then Chennai, Kolkata, and Delhi. This is a chart from The Times of India, which indicates the CPI scores of...
Philips Consumer Lifestyle India sells high end coffeemakers in three top cities
"Consumer lifestyle is reshaping in the country and to be more relevant to the new generation, we need to have local relevance. We believe that coffee culture is fast catching up in urban India and there is an opportunity for us," Philips India, President Consumer Lifestyle (Indian Subcontinent) A.D.A. Ratnam...
Seacret premium skin care expands in North and South India
Sold in shopping centers throughout North America, Seacret is a premium skincare product family with key ingredients derived from the Dead Sea. The Phoenix, Arixona company's products are available internationally in South America, Australia, New Zealand, Europe, Thailand, Japan and Israel and now LMG Retail of Chennai is selling it...
Indian festivals, spices and traditions inspire Western cosmetics
According to the New York Times,India is captivating the mainstream cosmetics industry this year. From high-end brands creating makeup shades based on the country’s bright colors to skin- and hair-care lines capitalizing on Ayurveda, when it comes to beauty, inside and out, the industry is increasingly turning to the world’s...