A Business & Lifestyle e-zine by Bhakti Chuganee
Yes, everyone wants to be at Bergdorf Goodman, but not everyone is able to make it here. Yet, five Indian brands – Janavi India, MUNNU by Gem Palace, Sabyasachi Mukherjee, Verandah and VAK – have been able to make it here and more importantly, continue keeping their space.
Christian Louboutin, the company which is famous for its iconic red sole shoes, has announced a joint venture partnership with Mumbai based Aditya Birla Fashion and Retail Ltd. With this partnership, ABFRL enters the high end luxury space.
ABFRL announces a fund raising by way of preferential equity and warrants to GIC, Singapore’s sovereign wealth fund.
After having picked up stakes in designers Shantanu & Nikhil, Tarun Tahiliani and Sabyasachi Mukherjee, ABFRL has announced a strategic partnership with fashion designer Masaba Gupta.
ABFRL sign a long term licensing agreement with New York based ABG which grants exclusive rights to ABFRL to distribute and sell Reebok products in the country.
Reliance Industries has invested in two prominent Indian fashion designers, Manish Malhotra and Ritu Kumar. It acquired a 40% stake in Malhotra’s MM Styles and a 52% stake in Kumar’s Ritika Pvt. Ltd. These partnerships aim to enhance the brands’ growth and promote Indian craftsmanship in global markets.