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Multiplex chains that have seen a slide in their business in recent months are trying to convince mall developers to agree to a partnership model where they can co-invest in new theatres. Revenue terms are also being renegotiated, and chains want to share revenue based on how well a film does.
'The Indian retail landscape is poised for a significant shift with the anticipated arrival of several prominent international luxury fashion brands in 2024.'
The Jio World Plaza, anticipated to debut this year according to an industry insider, is situated within Mumbai's bustling business district, nestled within Reliance's remarkable $1 billion business and cultural complex.
LVMH, Gucci, others to expand in India where number of millionaires is rising rapidly
Gucci, Cartier and Louis Vuitton are among brands to sign leases for stores in Indian tycoon Mukesh Ambani's new Mumbai mall, as luxury firms and Reliance Industries seek to profit from strong...