Sephora, the French beauty products retailer launched its first store in Ahmedabad, Gujarat with a range of exclusive brands including Benefit, Caolion, Smash Box, Aveda, Percy. This adds diversification for Sephora India's master franchisee Arvind Fashions Limited. The company plans to make the total number of stores to 50 by 2020...
India's Hidesign sells leather handbags globally
European luxury company LVMH (owners of Louis Vitton) holds a 20% stake in Puducherry, India based Hidesign, whose sales were $22 million in the year-ended in 2010. The handbag market grows at 15% annually in India. Not surprisingly there is new competition expected: Luggage maker VIP Industries has announced that...