The event added two days of direct-to-consumer sales, while herbal beauty brand Lotus Makeup signed on as the main sponsor.
The government boosted import duties on footwear and jewelry after the Indian rupee hit record lows.
Following the Supreme Court’s lifting of a ban on gay sex, designers said the key now is for acceptance of the LGBT community outside the country’s major metropolitan areas.
Govind Shrikhande has led Shoppers Stop for the last ten years as president and ceo and takes a look at some of the factors facing the $700 billion Indian retail market.
The famed fabric, long used in Indian saris and bridal gowns, is now being taken up by designers worldwide as part of a push by the Indian government.
The investment is the first in an Indian brand by the firms, and could show that Western brands at last believe the Indian luxury market is set to take off.
The U.S. retailer has taken a 77 percent stake in Flipkart for $16 billion and becomes the market leader in India.
The designer discusses his commitment to traditional Indian textiles as well as his plans to open two stores later this year.
A study by NYU’s Center for Business and Human Rights recommended a series of further improvement actions that would cost an estimated $1.2 billion to implement.