
India’s lingerie market is expected to grow at a compound annual growth rate (CAGR) of 14 percent by the year 2023 fuelled by a growing demographic of middle-class women, said a recent report.
11 published items with the word (s) or phrase Genesis Colors in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
India’s lingerie market is expected to grow at a compound annual growth rate (CAGR) of 14 percent by the year 2023 fuelled by a growing demographic of middle-class women, said a recent report.
Reliance Retail has bought an additional 16 percent stake in luxury retailer Genesis Colors Ltd (GCL) for Rs 35 crore ($4.9 million), which takes its total stake in the business to 66 percent.
IMG Reliance, the organisers of the Lakme Fashion Week, has launched its fashion portal called ‘The Voice of Fashion’, ahead of its forthcoming Lakme Fashion Week (LFW) Winter/Festive 2018 edition.
Reliance Brands has purchased an additional 12.56 percent stake in Genesis Colors Limited for around Rs 52.77 crore ($7.9 million), which has taken its total stake in the business to 46.39 percent.
Reliance Retail’s profit jumped 200 percent at Rs 1,206 crore (approx $175.5 million) for the first quarter ending June 31 of the financial year 2018-19.
Reliance Brands, owned by Reliance Industries Limited, has bought an additional 8 percent stake in luxury fashion firm Genesis Colors Limited (GCL) for Rs 34 crore ($5 million).
Reliance Retail’s subsidiary Reliance Brands is currently in talks to fully acquire the group company Genesis Luxury after acquiring a 40 percent stake from L Catterton in September 2017, sources said.
The Indian fashion designer Vidhi Wadhwani will show a collection entitled “Solstice” on the first day of London Fashion Week.
H&M currently has no concrete plans to enter India and is not in talks to form a joint venture there, although it is an interesting market, the Swedish fashion retailer's spokeswoman said late on Tuesday.
From Asia to South America, the Armani Group has stepped up its development in rapidly growing markets. It has just signed a partnership with Genesis Luxury Fashion to expand its presence in India and continues its ex...