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Louis Vuitton Moet Hennessy

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PEs find investment in brands wise, but are wary of retailers

India-focused private equity (PE) players are keen on designer brands, but they seem to be wary of investing in retail apparel firms.   That explains why no deal has been sealed in the......

Reliance Brands to sell LVMH's Thomas Pink shirts in India

Mukesh Ambani-led Reliance Brands on Friday said it has signed an exclusive agreement to sell French major Louis Vuitton Moet Hennessy's brand Thomas Pink's shirt collection in the country.Louis......

Meet the man behind Kolkata's first luxury mall

After carving out his share of his father's business empire, Sanjiv Goenka, the younger son of Rama Prasad Goenka, is set to debut into real estate, with a mall selling "luxury brands" such as......

Mittal pips Mukesh as richest Indian

Mexican billionaire Carlos Slim remained the richest person in the world with $74 billion in assets, while NRI steel magnate Lakshmi Mittal ranked sixth and Indian industrialist Mukesh Ambani is......

DLF's retail arm plans 500 luxury lifestyle stores

DLF Brands, the retail management subsidiary of DLF plans to open 500 stores selling luxury lifestyle labels in the next five years, entailing an investment of over Rs 1,000 crore (Rs 10 billion),......

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