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super luxury car sales: ETAuto Original: Why do most of Indian super-rich steer clear of super-luxury cars?, Auto News, ET Auto

super luxury car sales: ETAuto Original: Why do most of Indian super-rich steer clear of super-luxury cars?, Auto News, ET Auto
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Online grocery sales grow by 65% in FY20, clock in at over Rs 6,000 crore


Online grocery sales grow by 65% in FY20, clock in at over Rs 6,000 crore
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Big Basket, the country’s largest online food and grocery store, accounted for half of the sales. Grofers, DMart, Tata-owned StarQuik and Spencer’s Retail were the other retailers that submitted their filings.
KOLKATA | MUMBAI: Online grocery sales by five of the largest e-grocers and brick-and-mortar retailers collectively grew by 65% to Rs 6,820 crore in FY20, while their combined losses widened to over Rs 1,175 crore, according to regulatory filings.
Big Basket, the country’s largest online food and grocery store, accounted for half of the sales. Grofers, ....

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The tenets of building a luxury brand versus a mass market brand…


The tenets of building a luxury brand versus a mass market brand…
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In the light of Aditya Birla Fashion and Retail acquiring designer brand Sabyasachi, we explore the tenets of building a luxury versus a mass market brand.
Aditya Birla Fashion and Retail (ABFRL) has announced a strategic partnership with Sabyasachi by signing a definitive agreement for acquiring 51 per cent stake in the latter. Sabyasachi is India’s largest and most influential luxury designer brand, with strong Indian roots and global appeal.
The brand straddles categories such as apparel, accessories and jewellery, and has a strong franchise in India, US, UK and the Middle East. The ABFRL platform will complement Sabyasachi in its journey to becoming a global luxury house out of India. ....

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Jockey: What lies beneath


Image: Page Industries
Jockey: What lies beneath
Page Industries got the underwear out of the closet and achieved a decadal success story like no other. A slowing economy has dented its sheen, but the company believes it is still in a sweet spot.
Jan 1, 2021
A visit to a Jockey store for day-to-day apparel like underwear or just plain pyjamas is sure to make one’s wallet lighter. For example, for men who like to laze at home in their boxers, the cost of the garment is upwards of ₹419 apiece. Pyjamas, another comfort garment, costs a shade under ₹1,000 apiece. Jockey, an American brand that re-entered India in 1995 (it was around for about three-four years in the early 1970s), generally carries a premium of at least 20% over other Indian mainline innerwear brands like Lux, Rupa, and Dollar. ....

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