ARMANI GROUP STATEMENT
A 200-foot yacht, basketball team and luxury hotels: Who will inherit Giorgio Armani's jaw-dropping fortune?
The Italian fashion designer and billionaire brand owner Giorgio Armani has died at the age of 91. According to Forbes, he had a net worth of $12.1 billion and as per Bloomberg Index, Giorgio Armani’s net worth is $9.4 million. Armani is considered Italy's third-biggest fashion group behind Gucci and Prada.
Giorgio Armani dead at 91 — What really happened to the iconic Italian fashion designer?
Giorgio Armani, the legendary Italian designer renowned for redefining modern fashion with his hallmark unstructured tailoring, has passed away at the age of 91.
Rs 100 crore+ apartments selling like hotcakes: Inside India's unreal estate boom fuelled by ultra-rich buyers
India's luxury housing market is booming, driven by a surge in wealth and demand from billionaires and HNIs. Sales of luxury apartments skyrocketed, with properties worth hundreds of crores being snapped up. Branded residences and smart homes are gaining popularity, attracting both domestic and NRI investors.
Myntra appoints Shoppers Stop's Venu Nair as chief of strategic partnerships and omnichannel
Nair joins Myntra from offline shopping chain Shoppers Stop, where he was the managing director and chief executive officer for about three years.
Former FTX executives team up to launch new crypto exchange
Ex-FTX general counsel Can Sun and other former company executives are reportedly aiming to solve the problems that doomed their previous employer with a new cryptocurrency exchange.
Chronicles of style: Fossil Group x Myntra's inspiring journey of redefining the premium watch market in India
The collaboration between the Fossil Group and Myntra in the fashion and e-commerce industry has been successful and continues to thrive. Over the past seven years, they have worked together to make premium watches accessible to customers in India.
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Reliance Brands and Anamika Khanna to tie up for fashion brand AK-OK
Known for her eponymous label, Anamika Khanna is well recognised for encapsulating India's rich craft in global contours.
Luxury brand Valentino will ban the use of fur from 2022
The Italian group follows many other luxury brands like Prada, Versace, Gucci and Armani.
How brands are going for quirky names to stand out
In 2010, Singhal and his wife were toying with the idea of some names when just as a joke, he recalled they would often use this in school for the thrill of the meaning.
Reliance Brands to step up online focus, rightsize manpower
The company is said to have about 4,000 employees in the country, of which about 1,000 are in the corporate division. Corporate division’s functions include customer relationship management, visual merchandising, human resources, retail planning and buying, marketing, IT and training.
How top global luxury brands are negotiating the minefield that is India
India has always been a difficult place for premier brands plagued by constant policy interventions.
Piramal Realty appoints Naaman Atallah as CEO
Piramal group Executive Director Anand Piramal said the real estate sector will see consolidation because of recent government reforms such as RERA, GST, bankruptcy code and demonetisation.
Tata CLiQ launches Tata CLiQ Luxury
luxury.tatacliq.com, will house a wide range of apparel and accessories for men and women by luxury and bridge-to-luxury brands like Hugo Boss, Armani Jeans, Coach and others.
TataCLiQ.com signs up 12 global brands to sell on its platform
Head Business Development Gurvinderjit Singh Samra said there has been an on-going demand but unavailability prevented them from buying in India.
Young professionals queuing up for made-to-measure suits
Just when formal wear appears to be on the decline at workplaces, the pricey bespoke suit has managed to retain its edge for those who can afford it.
Supertech partners UK's designer yoo Worldwide for housing projects
Realty firm Supertech has roped in UK-based yoo Worldwide to do interior designing for its two luxury housing projects in Gurgaon.
Ponty Chadha: Snack seller to liquor badshah
Known for keeping a low public profile, Chadha was rarely in news for anything other than his business deals. It was this phantom-like quality that intrigued media the most.
Luxury brands set to flaunt 'Made-in-India' tag; Indian suppliers see opportunities
Many Indian businessmen retooling their businesses, hoping to supply to global luxury goods makers keen on setting up shop in India.
Lodha ropes in UK-based Yoo to design Mumbai luxury tower
Real estate developer Lodha group has roped in UK-based Yoo Ltd to design, brand and market one of its two luxury towers coming up in Mumbai.
Armani taps Chinese market with online store
Italian fashion designer Giorgio Armani plans to tap the Chinese market with a new online store that opened on Friday
Mothercare's India ops get DLF push
Mothercare, a UK retailer for kids and expectant mothers, is forming a 51:49 joint venture with India's largest real estate company DLF, said two people close to the development.
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