Consumer Lifestyles

KL Rahul invests in lifestyle brand 'Metaman' for new premium perfume range

The capital raised by the firm will be used for the launch and marketing of the fragrance range, set to hit the market on August 30

India a key lifestyle hub for global brands; 90% of top 50 active: Report

India is emerging as a hub for global lifestyle brands, with 90 per cent of the top 50 global brands active and many others lined up for launch in the country, driven by robust online sales and a burgeoning e-lifestyle market, according to a study. Global consultancy firm Bain & Company and lifestyle e-commerce platform Myntra on Wednesday released a study drawing insights from Bain analysis, secondary research, market participant interviews, and industry sources. "India is also a key lifestyle destination for global brands90 per cent of the top 50 global brands are active in India and half of them already have India revenue greater than USD 30 million. Scaled, global fashion brands in India have demonstrated robust growth, seeing a 20 per cent uptick year-on-year over 201823," the study showed. About 50 per cent of global brands have greater than USD 30 million in revenue in India, the study E-Styling India: Decoding India's Online Fashion and Lifestyle Shopping Trends, ...

When dinner is served: Choosing the right tableware for your home ambience

Porcelain, stoneware or brass: The cutlery must be durable and easy to carry around in a party

F&B firm Montana Group forays into lifestyle retail sector with Noida store

Food and beverages company The Montana Group on Monday announced its foray into the lifestyle retail space with the opening of its flagship store Brands Unlimited in Noida. Brands Unlimited is set to redefine the retail experience, offering an unparalleled selection of luxury brands and products, with a wide array of premium brands in sportswear, fashion and accessories under one roof, according to the company. "We are dedicated to providing our customers with a one-of-a-kind shopping experience, offering a diverse range of premium brands and products that cater to their evolving tastes and needs...we have a pipeline of 15 stores over the next 3 years with a capital investment outlay of Rs 100 crore plus," said Monty Singh, Founder and Chairman of The Montana Group, as per the statement. The flagship store will be situated in the heart of Noida at Gulshan One29 complex, it said. Manoj Madhukar, Founder & CEO of The Montana Group, said, "Brands Unlimited is more than just a store, .

Snapdeal eyeing major share in value lifestyle growth in next 5-10 yrs: CEO

Snapdeal believes the e-commerce story over the next 5-10 years will be around the growth of the 'value' lifestyle segment, and the online marketplace is looking to corner a "decent slice of this opportunity" as it focuses on unit economics, quality checks, and use of AI as well as tech to measure and improve customer experience. Snapdeal's business metrics are "in a good space" in the value e-commerce category and it has opted to "reinvest in growth now" as financial parameters are within striking distance of profitability, Himanshu Chakrawarti, CEO of Snapdeal, told PTI. In an interview, Chakrawarti said that Snapdeal expects a "normal" festive season, which typically yields a 25-30 per cent surge in demand over other months. "As per estimates the value (lifestyle retail) market in India is growing significantly, from USD 88 billion to USD 175 billion. Also along with this, the e-commerce portion is going to increase from 8 per cent to 22 per cent...we are largely focused on our .

Aditya Birla Group led incubator buys majority stake in 8 lifestyle brands

With these eight brands on board, TMRW has achieved a revenue run-rate of over Rs 700 crore and is on a path to cross an annual revenue rate of Rs 1,500 crore in the next 12 months

Whirlpool India expects to grow ahead of industry in festival season: Exec

Consumer durables industry coming back in terms after the setback of pandemic, says Vishal Bhola

Lifestyle & grocery retailers reverse FY21 trend, hire over 180,000 people

The total number of employees in eight of the top retailers in India went up 57 per cent to 4,90,000 in FY22, with Reliance Retail hiring the most number of people at 1,61,000

A shawl to keep you warm in winter and flaunt your style statement

From earth tones to bright hues, alpaca wool to pure silk, handmade shawls are a wonderful way to introduce colour and class into your wardrobe

Sales uptick, lower debt to help in Aditya Birla Fashion recovery

Cost reduction, higher private label sales to aid margins

As farm sector gains importance, HDFC Bank reworks strategy for rural areas

The State Bank of India has also created a separate business vertical to focus on financial inclusion and micro-markets (FI&MM) in semi-urban and rural areas

As reality becomes surreal...

The fear is not only about the virus but also how humans respond to the challenge

From Coca-Cola to Spencer, brands hunt for the diaspora in festive pitch

Brands such as Future Group, Spencer's Retail and several others, are banking on discounts and offers.

Consumer lifestyles: How long-term megatrends are shaping the world

Educated consumers most likely to research and monitor health issues

Data Tracker: What is shaping consumer lifestyles in 2017?

Millennials prioritise experiences, while all ages want time to relax