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American brand Aéropostale comes to India

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New Delhi: American youth brand Aéropostale opened doors in India with its first flagship store at Select City Walk here. The outlet was inaugurated by Bollywood actress Sonam Kapoor.

Arvind Lifestyle Brands Ltd launched the brand in India on Saturday. The store offers a wide range of clothing and accessories from their fall- winter 2015 collection for men and women.

“We are excited to bring Aéropostale, the iconic American brand to India’s youth. We are thrilled to have partnered with Arvind Lifestyle Brands Limited. Arvind brings tremendous knowledge and expertise to building brands and operating licensed stores in India.

Aéropostale plans to expand throughout India through its partnership with Arvind Lifestyle Brands Ltd. And the expansion plans include the opening of approximately 30 standalone stores and 25 shop-in-shop locations over the next three years.

Known for its jeans, hoodies and t-shirts, Aéropostale will target 14 to 25-year-old young women and men in India.

“We look forward to this exciting launch and continuing our rapid growth throughout the country,” Kenneth Ohashi, senior vice president, International and Global Licensing at Aéropostale, Inc. said in a statement.

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Xiaomi Drops Down Smartphone Prices in India

This is the first time when the smartphone market is at par with the feature phone market, each contributing 50 per cent to the overall mobile phone market

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Xiaomi
Xiaomi cuts prices of 5 smartphones in India.

Chinese smartphone maker Xiaomi on Friday announced that it was permanently cutting the prices of five of its handsets in India, a day after the International Data Corporation (IDC) declared that the company was the market leader in the third quarter of 2018 in the country.

“We are delighted to share that we have seen a reduction in component costs of some of our best-selling phones. We were announced as the number one smartphone vendor in India for the fifth consecutive quarter, as per IDC Quarterly Mobile Phone Tracker.

“As a celebration of that, Xiaomi is announcing price cut for five smartphones,” the company said in a statement.

Xiaomi
Chinese smartphone maker Xiaomi on Friday announced that it was permanently cutting the prices of five of its handsets in India.

The 4GB+64GB variants of Redmi Note 5 Pro, Mi A2 and Redmi Y2 are now available for Rs 13,999, Rs 15,999 and Rs 11, 999, respectively while the prices of 6GB+128GB variants of Redmi Note 5 Pro and Mi A2 have dropped to Rs 15,999 and Rs 18,999, respectively.

According to the IDC report, the Chinese handset maker shipped 11.7 million units and became the top brand in the Indian market with 27.3 per cent share in the third quarter this year.

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This is the first time when the smartphone market is at par with the feature phone market, each contributing 50 per cent to the overall mobile phone market. (IANS)