Alaya By Stage3, an Indian wear brand, secured seed funding. The capital will boost operations and supply chain. AI integration will enhance efficiency. The company aims for Rs 50 crore ARR in two years. This investment supports growth in the ethnic wear market. Alaya By Stage3 plans a larger institutional round later this year.

India’s luxury market is expanding beyond traditional metro hubs as wealth and consumer exposure grow. Luxury consumption is converging nationally, driven by lifestyle choices and global awareness rather than city-specific stereotypes. Brands are now segmenting consumers by their journey and preferences, not just geography.

KISNA Diamond and Gold Jewellery has opened its 150th showroom nationwide. The brand is expanding its reach, particularly in Tier 2 and Tier 3 cities. KISNA aims to have 200 exclusive showrooms by Diwali 2026. This growth is supported by a strong manufacturing and retail network. The company also engages in community initiatives alongside its expansion plans.

Swiggy’s Instamart experienced a massive jump in demand for gold and silver on Akshaya Tritiya. Urban shoppers embraced quick commerce for auspicious purchases, opting for smaller gold denominations. Silver saw high-value transactions, with carts even combining precious metals with groceries. This highlights a new trend in festive shopping.

Premium footwear brand Rosso Brunello is set for significant growth. The company will open seven new exclusive outlets in the coming quarter. This expansion aims to increase scale and brand visibility across various cities and travel retail locations. Rosso Brunello is investing Rs 1.5–2 crore per store. The brand targets Rs 250 crore revenue next fiscal year.

Bangladesh and Ethiopia recently stressed the need to strengthen bilateral ties, focusing on trade, investment, and sectoral cooperation, as the former’s Foreign Minister Khalilur Rahman met the latter’s President Taye Atskeselassie Made in Addis Ababa.
They discussed ways to enhance cooperation in trade, investment, education and agriculture.
Welcomed investment from Bangladesh in Ethiopia.

Indian garment exporters expect a strong business rebound in the second half of the fiscal year. Easing US tariff pressures are bringing buyers back. Orders for the first two quarters were booked at peak tariffs. Revenue improvement will be visible from October. Exporters are diversifying markets to Europe and Africa.

Tissot has launched its official online store in India. This makes it the first Swatch Group brand to offer direct online sales here. The move aims to connect better with Indian customers. Orders will be shipped from Tissot’s own Indian warehouse. This strengthens their online presence and complements their existing retail network.

The new policy “explicitly and unambiguously” welcomes all symbols of faith carried by team members, including the bindi, tilak, sindoor, kalawa, mangalsutra, kada, hijab, and turban.

Gold demand during Akshaya Tritiya dropped about 30% in volume as prices, up nearly 60% year-on-year, deterred large purchases. Buyers stayed within budgets, shifting to lighter jewellery, small coins and exchange-led buying, while millennials preferred solitaires in the ₹75,000–2.5 lakh range.