Apparel Retail to Reach Rs 16 Lakh Crore by FY30
India's apparel retail market is set to grow significantly, projected to reach Rs 16 lakh crore by FY30, driven by rising incomes and changing consumer trends.
India's apparel retail market is set to grow significantly, projected to reach Rs 16 lakh crore by FY30, driven by rising incomes and changing consumer trends.
Reliance Retail reports 2% profit growth to ₹3,558 crore in Q3 FY26, with revenue hitting a record ₹97,605 crore despite GST and festive demand challenges.
Saks Global, owner of Saks Fifth Avenue and Neiman Marcus, files for bankruptcy with unpaid bills to Chanel, Gucci, and others totaling hundreds of millions. The collapse marks the end of America's last luxury department store empire.
Saks Global Enterprises has filed for Chapter 11 bankruptcy in Texas to address mounting losses and a massive debt load. The luxury retailer operates Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus.
Saks Global's prime real estate portfolio could provide crucial leverage with lenders during bankruptcy. The luxury retailer may monetize assets through sale-leaseback deals while navigating vendor challenges.
Saks Global filed for bankruptcy late Tuesday, marking another major US retail collapse just one year after acquiring Neiman Marcus amid fierce competition.
Richard Baker departs as CEO of Saks Global Enterprises just days after appointment, with the luxury retailer preparing for Chapter 11 bankruptcy filing.
Tech brand Nothing announces its first global flagship store outside London will open soon in India. This major retail move marks a significant expansion for the company. Discover details and what it means for the Indian market.
The National Traders Welfare Board met to review key initiatives for strengthening India's retail trade sector, focusing on policy support, digitalization, and credit access. Read the full update.
SGF India accelerates its retail expansion in North India, launching three new outlets in Delhi-NCR. The move strengthens its national footprint and enhances consumer access to its products.
The $2.7 billion luxury retail merger of Saks and Neiman Marcus has led to a debt crisis, delayed vendor payments, and potential bankruptcy. Discover the inside story of the failed deal.
A 25-year-old Indian woman, Khushi Patel, was found dead with stab wounds in her ex-boyfriend's apartment in Boston. The suspect, Harsh Patel, has fled to India, triggering an international manhunt.
Indian women are increasingly joining the retail sector for visibility and professional opportunities. Explore the benefits and challenges of this trend shaping the labour market.
Indian real estate developers are pivoting to integrated condominiums featuring high-street retail. This trend, blending luxury living with premium shopping, aims to create self-contained communities and redefine urban landscapes by 2026.
Explore the fascinating journey of luxury from ancient empires to modern India. Discover how exclusivity, hospitality, and guest expectations have transformed over centuries. Read insights from a hospitality expert.
Brand Finance's 2025 report reveals Porsche as the most valuable luxury brand, while Chanel jumps 45% to overtake Louis Vuitton. Dior is the strongest brand. Explore the full list.
Mobile retail firm SS Retail has filed for a Rs 500 crore IPO with SEBI. The offer comprises a Rs 300 crore fresh issue and a Rs 200 crore offer for sale. Read the full details here.
Discover how India's luxury travellers are choosing serene, experiential stays over loud parties for New Year 2026. Explore six unique staycations for a mindful celebration.
DMart prioritises aggressive store expansion for long-term growth, impacting short-term cash flow. JioMart and Blinkit lead in weekly active user growth. Read the full analysis.
SEBI data shows retail investors lose $12B yearly in F&O. Expert urges curbs to stop wealth transfer from small-town India to Wall Street. Read more.
A new NuVama report reveals luxury cars and jewellery are the top consumption picks for India's ultra-high-net-worth individuals. Discover the spending trends shaping the luxury market.
Boston's 'Fashion Whisperer' Suhail Kwatra faces fraud charges as Saks Fifth Avenue ignored client complaints for years. Read the full investigation into luxury retail's dark side.
India's USD 1.1 trillion retail sector is set for double-digit growth in 2026, driven by demand from Tier II & III cities, premiumisation, and tech. Experts highlight margin-led expansion and persistent challenges.
Luxury fashion advisor Olga Vilkova reveals why the viral Goyard Saint Louis tote, priced at $4000, is a poor investment due to quality issues and lost exclusivity. Read before you splurge!
Swiggy Instamart quietly opens its first physical retail store in Gurgaon's Sector 65. The outlet offers app-like discounts and serves as a supply hub for local restaurants. Discover the new hybrid retail model.
Saks Global Enterprises faces a critical $100+ million debt payment on Dec 30, exploring Chapter 11 bankruptcy and emergency funding. Read the full analysis of the luxury retailer's financial crisis.
Saks Global Enterprises is exploring Chapter 11 bankruptcy as a last resort before a crucial $100 million debt payment due Dec 30. The luxury retailer's turnaround plan has faltered. Read more.
Indian-American stylist Suhail Kwatra faces larceny charges for allegedly stealing $429,400 from Saks Fifth Avenue via a returns scheme. Read the full story of his dramatic fall from grace.
India's retail sector emerges as a global bright spot with malls at 95-100% occupancy. Over $3.5 billion in investments expected in 3 years as 88+ foreign brands enter. Read more.
Della Resorts & Hotels solidifies its position as India's leading ultra-luxury experiential brand with a massive 1,100-acre portfolio. Discover its unique adventure-hospitality fusion.