Category : Search result: luxury retail fraud


Target Slashes 1,800 Jobs in Major Restructuring

American retail giant Target Corporation announces its largest job cuts in 10 years, eliminating approximately 1,800 positions in a strategic cost-cutting move that signals changing retail dynamics.

Delhi Woman Loses ₹7 Lakh in Hawala Scam

A sophisticated cybercrime ring in Delhi used Hawala transactions to steal ₹7 lakh from a woman, exposing dangerous new digital fraud tactics targeting urban Indians.

Bollywood Stars Shreyas Talpade, Alok Nath in Fraud Case

Popular Bollywood actors Shreyas Talpade and Alok Nath among 24 individuals booked in major financial fraud case involving Loni Urban Multi-State Credit and Thrift Cooperative Society. Police investigation reveals alleged cheating of investors through fal

Steve & Clare Laidlaw Launch Seven Yachts Venture

Dynamic husband-wife duo Steve and Clare Laidlaw join forces to revolutionize luxury yachting with their new venture Seven Yachts, bringing unparalleled expertise to the global maritime industry.

Target cuts 1,800 jobs in sales revival restructuring

US retail giant Target announces significant workforce reduction affecting approximately 1,800 employees as part of comprehensive restructuring strategy to boost declining sales and operational efficiency.

Emaar's Dh100B Dubai Mansions: 40K Luxury Homes

Emaar Properties launches its most ambitious project yet - Dubai Mansions, a Dh100 billion development set to transform Dubai's luxury real estate landscape with 40,000 premium homes across prime locations.

Stovekraft Targets 500 Exclusive Stores by 2027

Indian kitchenware giant Stovekraft announces aggressive retail expansion strategy, planning 500 exclusive stores nationwide by 2027 to capitalize on growing demand for premium kitchen solutions.

Bhubaneswar Cyber Fraud: Lakhs Lost in Online Scam

Cyber criminals in Bhubaneswar orchestrate elaborate digital fraud, duping two victims of lakhs of rupees through fake customer care numbers and UPI manipulation. Police launch investigation into growing cybercrime menace.

GST Cut on Affordable Clothing: 200 bps Revenue Boost for Retail

In a major relief for consumers and retailers, GST rates on apparel below ₹2,500 have been significantly reduced. This strategic tax cut is projected to boost sectoral revenue by 200 basis points, revitalizing India's fashion retail industry and making fa

GST reform to boost organised apparel retail by 200 bps

Major GST reforms in the apparel sector are set to drive significant growth for organized retailers while creating challenges for unorganized players. CRISIL Ratings reveals how tax rationalization will reshape India's fashion retail landscape.

India Luxury Watch Market to Grow 12% Annually

India's luxury watch sector is experiencing unprecedented growth, projected to expand 11-12% annually as rising affluence and changing consumer preferences drive demand for premium timepieces.

Luxury's Biggest Rival: The Second-Hand Market

The booming pre-owned luxury market, valued at over $24 billion, is now the biggest competitor to new luxury goods. Discover how brands like Chanel are fighting back against their own products.

Bombay Dyeing's Dadar Luxury Project: 750 Homes

Wadia Group's ambitious Bombay Realty launches premium residential project in Dadar with luxury amenities and ICC partnership, marking major real estate revival in central Mumbai.

Jain Community Saves ₹21Cr on Luxury Cars

Discover how India's Jain community leveraged group purchasing power to save millions on luxury cars, setting a new benchmark for collective bargaining in premium automotive markets.

Coimbatore woman loses ₹24 lakh in online scam

A Coimbatore professional lost ₹24 lakh to an online fraudster posing as a police official in an elaborate digital scam. Learn how this sophisticated cybercrime unfolded and crucial safety measures to protect yourself.

Three Sixty West: Mumbai's New Ultra-Luxury Landmark

Discover how Three Sixty West in Mumbai's Worli is redefining luxury living with its record-breaking apartment sale to CaratLane founder Siddhartha Sacheti, featuring panoramic sea views and world-class amenities.

Delhi loses ₹1,000 crore to cyber fraud in 2024

Shocking report reveals how Delhi citizens are being targeted by sophisticated cyber criminals using 'digital arrest' tactics, with losses crossing ₹1,000 crore this year alone. Learn about the rising threat and how to protect yourself.

Reliance Retail Q2 Growth Beats HUL & ITC

Reliance Retail posts impressive 18.8% revenue growth in Q2 FY25, outpacing traditional FMCG giants HUL and ITC. Discover how Mukesh Ambani's retail powerhouse is redefining India's consumer market.

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