IKEA to invest $1.9b in India
New Delhi - Arabstoday
Sweden-based IKEA, the world’s largest furniture maker, will invest around $1.9 billion (Rs10,500 crore) in opening 25 retail stores in India, Commerce and Industry Minister Anand Sharma said on Friday. IKEA’s chief executive officer Mikael Ohlsson confirmed the investment during his meeting with Anand Sharma in St. Petersburg, according to an official statement released after the meeting. The company plans to invest 600 million euro (Rs4,200 crore) in the first stage and an additional 900 million euro (Rs.6,300 crore) later, taking total investment to 1.5 billion euro ($1.88 billion or Rs10, 500 crore).
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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