NEW DELHI — Foreign direct investment in India retailing is a political football once again.
Although many retailers — both global and those in India — have already celebrated the government’s decision in September to allow FDI in multibrand retail, the issue came center stage again on Thursday after the government gave in and agreed to the demand to allow a debate with voting in both the upper and the lower house of Parliament next week.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)