Latest news with #PhoenixMallofAsia
Time of India
4 days ago
- Business
- Time of India
EUME opens first store in Bengaluru, aims 8-10 new EBOs this year
Bengaluru: Backed by a recent Rs 25 crore Series A funding round, homegrown premium luggage brand EUME is accelerating its offline retail footprint with plans to open 8–10 exclusive brand outlets (EBOs) this year, co-founder Naina Parekh said in an interview with ETRetail. 'We are working on launching about 8 to 10 EBOs this year,' Parekh said. 'We are hoping to go into key cities such as Bombay, Bangalore, and Delhi. These are our top priority cities at this point.' The Mumbai-based brand opened its first store at Phoenix Mall of Asia , Bengaluru, on Saturday. EUME already runs two company-owned stores, one in Mumbai's Infiniti Malad and another in Hyderabad's Sarath City Mall. 'We are trying to now bring the visibility of our products in stores, so that the customers know what EUME stands for,' Parekh said, explaining the focus on offline expansion. Hinting at interest from potential franchisees, Parekh said, 'We've had a few people already approach us for franchising, but I think we still have to solidify our retail plans before we can go out into a franchise model.' EUME, which raised its Series A funding in early 2024 led by Gujarat Venture Finance Limited (GVFL), had said the funds would be utilised to ramp up product development, strengthen its online presence, and expand into offline retail through EBOs and strategic partnerships. The company's existing product portfolio includes a mix of smart backpacks, travel accessories , and personal care lines. Without sharing the exact revenue details, Parekh said that the brand currently operates at a monthly run rate of Rs 4–5 crore.
Mint
28-06-2025
- Entertainment
- Mint
Planner: 4 events to spin some fun into your week
Rikameek, a play that won awards for performance and production at youth theatre festival Thespo 26 is back on stage. This tale of belonging has been conceptualised and performed by Aapla Ghar, a Maharashtra-based organisation involved in the field of performing arts. And now as part of the Thespo @Prithvi initiative, Rikameek is coming back to Mumbai. Written by Amol Devidas Salve and directed by Monika Vijay, the play is about two newly-weds and the 'ways in which caste and societal expectations shape love and marriage'. While tackling difficult and complex subjects, Rikameek offers a warm and light-hearted touch. At Prithvi, Mumbai, on 1-2 July, 8pm. A painting by Partha Pratim Deb on show at 'PlayForms'. Emami Art, Kolkata, is hosting a solo exhibition of Partha Pratim Deb, titled PlayForms. Born in Sylhet, now in Bangladesh, in 1943, the artist's family migrated to Agartala, Tripura, soon after Partition. Deb later trained at Santiniketan, and Maharaja Sayajirao University, Vadodara. His practice has come to defy categorisation as abstract or figurative. The exhibition includes paintings, paper mesh and fabric objects that fall between toy and sculpture. 'His work embodies a complex blend of criticality and creativity, reflecting on the ideology and meaning of art while embracing the magic and pleasure of creating it,' states the gallery note. At Emami Art, Kolkata, till 9 August, 11am-7pm. Stand up comic, Urooj Ashfaq It's going to be an evening of laughter as popular stand-up comic Urooj Ashfaq takes the stage at the Phoenix Mall of Asia, Bengaluru. Known for her unapologetic witticisms and wildly relatable, Ashfaq is best recognised by her turn in Comicstaan and her YouTube act, If Apps Were People. At Fan Park, 2nd Floor, Phoenix Mall of Asia, Bengaluru, 28 June, 8pm. Tickets on Bookmyshow. (from left) Sooraj Nambiar essays the role of Charudatta, Gurukulama Tharun is Chandala, Aran Kapila is Rohasena and (Kalamandalam Jishnu Pratap plays the role of Maithreya from Mṛcchakatikam. Bengaluru audiences are in for a treat as the Natanakairali troupe from Kerala brings to life the Sanskrit classic, Mṛcchakatikam, in the performance tradition of Kutiyattam. The story of Mṛcchakatikam (The Little Clay Cart), as the press note describes it, 'brims with vivid, humane characters—lovers, gamblers, thieves, monks, and revolutionaries—set in a bustling ancient city. This play is a celebration of love, justice, politics, and human folly.' Directed by Kutiyattam exponent GVenu, the ensemble cast includes Sooraj Nambiar, Pothiyil Ranjith Chakyar, Kapila Venu, Margi Sajeev Narayanan Chakyar, Saritha Krishnakumar, Kalamandalam Jishnu Prathap among others. The performance is supported by Bhoomija Trust. At Ranga Shankara, JP Nagar, Bengaluru, on 1-2 July, 7.30pm. Tickets on Bookmyshow.
Hans India
14-06-2025
- Entertainment
- Hans India
BeautyXperience 2025 Debuts in Style at Phoenix Mall of Asia, Bengaluru
Bengaluru: Phoenix Mall of Asia hosted BeautyXperience 2025, a dazzling three-day celebration that brought the best of global beauty, expert artistry, and live entertainment together under one roof. From June 13 to 15, the Fan Park at Phoenix Mall of Asia transformed into Bengaluru's premier luxury beauty destination, attracting enthusiasts, professionals, and trendsetters from across the city. The extravaganza was launched with unmatched glamour by Bollywood actress Neha Sharma, who set the tone for an unforgettable weekend of style, sophistication, and indulgence. Her star-studded inauguration marked BeautyXperience as a one-of-a-kind luxury experience, celebrating the art and innovation of beauty. Attendees explored the largest collection of beauty brand stores housed within Phoenix Mall of Asia, which proudly hosts the city's most extensive selection of international beauty labels. The event featured specially curated showcases from select iconic brands, bringing exclusive launches, limited-edition collections, and the latest in beauty innovation to the forefront. The evening welcomed guests into a world of pop-up beauty bars, skin consultations, mini makeovers, fragrance lounges, and exclusive product sampling by the world's most coveted beauty houses. A LIVE masterclass by makeup expert Gauri Kapoor set the tone for the days to follow, offering insights into seasonal trends and expert techniques. The night culminated with a soulful live performance by StringFisher, adding rhythm to the revelry. While launching the BeautyXperience 2025, actress Neha Sharma shared, 'Beauty is deeply personal, and that's what makes BeautyXperience so powerful. It's a space where creativity, confidence, and individuality come alive through the lens of beauty. I'm honoured to be part of a celebration that brings global excellence together with personal expression, all in one unforgettable experience.' Commenting on the occasion, Ritu Mehta, Centre Director, Phoenix Mall of Asia, Sr. VP Marketing South, said, 'BeautyXperience 2025 is more than an event, it's a sensorial journey into the evolving world of beauty. From global icons to homegrown innovators, we've brought together the best in beauty to create a space where luxury meets learning, and aspiration transforms into experience. At Phoenix Mall of Asia, we are proud to curate an environment that empowers every guest to discover, indulge, and express themselves in the most immersive way.' The celebration is set to continue over the weekend with expert-led sessions by celebrity makeup artist Sandhya Shekar on Saturday and beauty educator Bhumika Bahl on Sunday. Adding to the lineup are brand-led masterclasses by NYKAA, Shiseido, Tira, Sephora, Typsy Beauty, and Laura Mercier, offering guests a rare opportunity to engage with international beauty leaders and explore emerging trends up close. Guests can also explore the latest collections and global launches from marquee brands including Dior, Shiseido, Estée Lauder, Sephora, Laura Mercier, Jo Malone London, MAC, and more. The experience is further elevated by fashion-forward showcases and beauty-tech innovations, bringing the future of beauty into focus through hands-on demos and curated experiences. With live performances by Kanya on Saturday and The Fernandes Trio on Sunday, BeautyXperience 2025 promises to close each day on a high note, infusing the city's most glamorous beauty celebration with rhythm, style, and unforgettable moments.
Hindustan Times
31-05-2025
- Business
- Hindustan Times
Apple picks Bengaluru for third India retail store. Here's what it's paying in rent
Smartphone giant Apple is poised to expand its retail presence in India with a new store in Karnataka, reportedly at North Bengaluru's Phoenix Mall of Asia, marking what is expected to be the company's third retail outlet in the country, following its flagship locations in Maharashtra's Mumbai and Delhi. The store is expected to boost Apple's footprint in Bengaluru, where manufacturing partner Foxconn is also said to be establishing a new facility. According to a ToI report which cited lease agreement accessed through real estate platform Propstack, Apple has signed a 10-year lease for a 7,997.8 square foot space with an annual rent of ₹2.09 crore for its store in Bengaluru. The lease officially commenced on November 8, 2024, with rental payments scheduled to begin from August 8, 2025. The property is owned by Sparkle One Mall Developers Private Limited. The deal includes a revenue-sharing model, wherein Apple will pay two per cent of revenue for the first 36 months, increasing to 2.5 per cent thereafter. However, the revenue share is capped at twice the applicable yearly minimum guaranteed rent. The agreement also features a 15 per cent escalation in rent and security deposit every three years. Apple India has reportedly paid a deposit of ₹4.33 crore, with earlier documents showing the space was initially leased by Agni Commex LLP at ₹48.19 lakh per month. The lease has two lock-in periods extending to December 31, 2027, and December 31, 2028. This development is part of Apple's broader retail expansion strategy in India. In 2023, Apple leased over 20,000 square feet of space across three floors in a Mumbai mall at a minimum guaranteed rent of around ₹42 lakh per month. Additionally, the company reportedly secured 1.16 lakh square feet of commercial space on Cubbon Road, Bengaluru, for ₹2.43 crore per month on a 10-year lease. Apple is reportedly planning to open four more stores across the country—in Delhi NCR, Mumbai, Pune, and Bengaluru—joining its existing Apple BKC and Apple Saket outlets. The company has already begun hiring for these new retail locations. This retail push follows Apple CEO Tim Cook's announcement that the iPhone maker would continue expanding its presence in India.
India Today
30-05-2025
- Business
- India Today
Apple opening its 3rd store in India in Bengaluru, Phoenix Mall is the place
Apple is doubling down on India, and Bengaluru is next in line for the Apple retail experience. The tech giant is set to open its third physical store in the country, this time at the Phoenix Mall of Asia in Hebbal, Bengaluru, according to a Business Standard report. The move is part of Apple's growing love affair with India, even as tensions brew across the Pacific. advertisementSet to occupy a prime 8,000 square foot space on the mall's first floor, the new store will be similar in scale to Apple's Delhi outlet, though still dwarfed by the brand's flagship Mumbai store, which covers a whopping 20,800 square feet. While not the largest, the Bengaluru location is expected to pack the same Apple aura — minimalist interiors, expert staff in black tees, and plenty of glass. The report also stated that Apple has leased the place for 10 years. Apple will cough up 2 per cent of its store revenue for the first three years, with the figure climbing to 2.5 per cent in subsequent years. It added, "The lease period has commenced from November 8, 2024, while the rent commencement date is August 8, 2025." This means that the store may open in just a few months from now. advertisement This store is just one piece of a much larger puzzle. Apple CEO Tim Cook recently confirmed the company's intent to open four more retail outlets in India, with Pune and Delhi-NCR joining Mumbai and Bengaluru on the map. The first two stores, which opened in 2023, were seen as symbolic steps in Apple's India journey, this third opening signals something much more has become central to Apple's global plans, not just as a market for sales, but increasingly as a key manufacturing hub. In fact, Cook told analysts during Apple's Q2 2025 earnings call that, come June, most iPhones sold in the United States will carry a 'Made in India' tag. Meanwhile, Vietnam will be the country of origin for the majority of iPads, Macs, Apple Watches, and AirPods sold while Apple expands its footprint across South and Southeast Asia, the mood in Washington is anything but relaxed. President Donald Trump has issued a warning shot, threatening a 25 per cent tariff on iPhones not made in the United States, in a bid to nudge Apple back toward domestic production. It's the latest twist in the ongoing US-China trade saga, one that now seems to be pulling India and Vietnam into its remains unclear is whether these looming tariffs will force Apple to re-evaluate its overseas bets. But judging by the company's current pace in India, and the ink now dry on a decade-long lease in Bengaluru, it appears Apple has no plans to hit the pause button. With more stores on the way and India playing an increasingly vital role in Apple's global supply chain.
