Harrods is clearly not suffering from the cloud hanging over many of its sector peers further down the price chain and like luxury rivals Selfridges and Harvey Nichols, luxury and tourist spending has sent profits up.
India’s Beauty and Wellness Sector Skill Council has signed a MoU with the Committee International d'Esthtique et de Cosmtologie (CIDESCO) to encourage employment opportunities for Indian beauty professionals overseas.
The Walmart Foundation has pledged to invest Rs 180 crore ($27 million) in Indian farmers. Walmart India will separately increase its direct sourcing from farmers to 25 percent, which will reduce transportation costs.
Sri Sri Tattva, an Ayurveda-based brand that produces cosmetic, health, and wellness products, has opened its first “wellness centre” in Lucknow, bringing its Uttar Pradesh store total to three and India total to 11.
Grocery startups BigBasket and Grofers are reported to be subject to a possible merger as the businesses’ respective investors look to team up to combat the threat from the Walmart-owned e-commerce giant, Flipkart.