Last month, trade journal Women's Wear Daily had reported that the US luxury conglomerate, which also owns Michael Kors, was working to find buyers for some of its brands, including Versace
From Valentino to Louboutin, capsule collections bring festive glamour to India
Global luxury brands are increasingly seeing India as a luxury destination. This year too, many including Cartier and Jimmy Choo, have launched India-specific collections for the festival season
The trends have played well for e-commerce giants like Amazon, fast-fashion brands like H&M and Zara
JAB Luxury holds 67.7% of Jimmy Choo, which trades from over 150 stores globally