Is Label Ritu Kumar a luxury brand?

Kumar said that for the first six months the brand will focus solely on selling online and only then expand via multi-brand stores to grow the reach of this affordable designer wear label. Everstone-backed fashion label Ritu Kumar has announced the launch of its below premium segment brand, Aarké today.

Who is label Ritu Kumar?

LABEL, Ritu Kumar is a designer brand for young urban India. Whereas its influences are global, its identity originates from Indian design. The look is sophisticated and carefully crafted. Today we are part of the India’s re-awakening individuality and cultural impact around the world.

What is the difference between Ritu Kumar and label Ritu Kumar?

While, Label caters to women in the age group of 20 and 35 years, “Ritu Kumar brand picks up where Label leaves off i.e. above the age of 35 years. Ri caters to bridal wear across ages,” Kumar said. Currently, the company sells all three brands through 52 exclusive outlets and 17 multi-brand outlets across the country.

How much does Ritu Kumar earn?

Average annual salary in Ritu Kumar is INR 6.3 lakhs. Salary estimates are based on 255 Ritu Kumar salaries received from various employees of Ritu Kumar.

Who owns Ritu Kumar?

Reliance Brands
The Reliance Retail unit will pick up the stake of about 30% held by private equity firm Everstone Capital and a big chunk of the promoter’s holdings. Reliance Brands is set to take over fashion house Ritu Kumar, said three people familiar with the development.

Is Ritu Kumar expensive?

A Ritu Kumar sari is not so much more expensive than an unbranded traditional silk weave one would wear to a family wedding.

What is Ritu Kumar famous for?

Claimed to be the first designer to introduce boutique culture in India, Ritu Kumar is one of India’s finest fashion designers. The designer deals in bridal couture and is known for her unique style that subtly reflects the Indian culture and traditions through her contemporary outfits.

Is Ritu Kumar an entrepreneur?

She was the first woman to bring the boutique culture to India, under the name ‘Ritu’. That year she also received the Outstanding Women Entrepreneur Award from the PHD Chamber of Commerce. In 2000 Kumar got the Kingfisher group of industries’ Lifetime Achievement Award.