U.S.-based womenswear and accessories brand Tory Burch has opened its first exclusive brand outlet in India in luxury mall DLF Emporio in New Delhi, as the brand expands in the country with Reliance Brands Limited.
Shares in Future Group companies jumped nearly 10% on Tuesday after an Indian court overturned an order that had stalled Future Group’s $3.4 billion deal to sell its retail assets to conglomerate Reliance Industries Ltd.
An Indian court on Monday overturned an order that had stalled Future Group’s $3.4 billion deal to sell its retail assets, sources said, in a setback for Future’s partner Amazon.com Inc, which has challenged the sale.
Amazon's bid to stall Future Group's $3.4 billion retail assets sale is similar to Alexander the Great's "ruthless ambition to scorch the earth", the Indian group's CEO Kishore Biyani said in an internal staff memo.
Unilever Plc said it would resume advertising on Facebook Inc, Instagram and Twitter Inc in the United States after pausing in June due to divisiveness and hate speech on the platforms during the U.S. election period.