For a brand that is still heavily reliant on traditional brick-and-mortar channels, airports are its new malls, drawing in young travelling professionals and encouraging impulse purchases.
Hidesign, the Pondicherry based leather goods company, on Thursday said it would invest $10 million to set up 100 exclusive showrooms worldwide in the next three years.
Leather bags and accessories major Hidesign has decided to forge a joint venture company in China where it plans to open 18 exclusive stores over the next two years, a company executive said on Thursday.
Dilip Kapur, founder-president of Hidesign, an international brand, started designing leather bags as a hobby. Today, his business is worth over Rs 100 crore.
'I wondered what mistakes I made in my life to be a businessman. Deep down, I still have doubts about it.' Shobha Warrier meets the amazing Dilip Kapur who built a Rs 160 crore business with just Rs 25,000.
"We are one of the very few emerging economies in the world that has a current account deficit. That is because nobody wants to start an industry in India," says Dilip Kapur, Founder, Hidesign.
Global studios and indie content shops tap into the growing fan base for movie and TV characters in India, report Arundhuti Dasgupta & Urvi Malvania.
In February 2012, Laundry Project opened its first factory in Chennai. Initially, it catered to hotels - Taj, Oberoi, Marriot, Ascot and Radisson.
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