Nearly all of Reliance Retail's ₹3,503 cr profit lift in FY26 came from converting ₹40,000 cr of parent loans into zero-coupon OFCDs, cutting finance costs by ₹4,725 cr to ₹1,510 cr. Profit reached ₹13,476 cr on ₹3.27 trillion revenue, dressing up the operating entity before its eventual listing.

Mint · 5/30/2026, 12:26:54 AM

RRVL's ₹3,503 cr profit jump to ₹13,476 cr came almost entirely from converting interest-bearing parent loans into zero-coupon OFCDs, cutting finance costs to ₹1,510 cr from ₹4,725 cr. The optical clean-up arrives ahead of an eventual retail listing, with RIL holding 83.56% and the chain spanning 3,100 stores across 1,200 cities.

Mint · Companies · 5/30/2026, 12:25:44 AM

With 26,600 millionaires and 11 billionaires, Kolkata's luxury appetite outpaces its retail infrastructure, anchored almost solely by Quest Mall. Bulgari's reported entry and Grand Seiko's expansion signal a shift, as India's luxury market races toward $14 billion by 2032. Brands are urged to lead with clienteling and craft narratives for Bengali shoppers.

Business of Fashion · Retail · 5/19/2026, 2:31:47 PM

New MD Anita Fung arrives from Burberry and Alexander McQueen to accelerate Levi's DTC push, premiumise via the BlueTab line, court women's styling, and roll out city-specific O2O activations starting in Taipei and Chengdu.

Inside Retail Australia · 5/15/2026, 2:10:37 AM

British luxury house Burberry swung back to profit for the 52 weeks ended 28 March and unveiled a new chair, marking a stabilisation milestone after a bruising period of weak demand and leadership churn.

Drapers · 5/15/2026, 1:50:10 AM

eBay's 2026 Watchlist names Louis Vuitton, Gucci, Burberry, Chanel, Prada and Dior as the year's most purchased luxury items, underscoring European heritage houses' grip on secondhand demand heading into spring/summer 2026.

WWD · 5/15/2026, 1:25:34 AM