Jacqueline Riu, founder of the eponymous brand that became Riu Paris, passed away on 28 October at the age of 91. From the opening of her first boutique to the sale of her brand to the Deveaux group in 2013, she was both a driving force and a witness to the transformations of French fashion since the post-war era.
Jacqueline Riu – DR
Born on January 21, 1934, Riu began her career by opening a franchised multi-brand shop, “La Gaminerie”. Located on Boulevard Saint-Germain, her selection included names such as Max Mara, Infinitif, Théorème, Georges Rech and Cathy Mini. It was during this period that she developed a strategy focused on more frequent range refreshes, more accessible pricing and rigorous stock management.
She put this approach into practice in 1971 with the opening of the first shop under her own name, in Thiais, within the Belle-Épine shopping centre. Together with her husband, Michel Riu, she also capitalised on the rapid development of shopping centres—then an innovative concept in France—to popularise her collections, which were manufactured from the Maghreb to Asia, via Turkey and Eastern Europe.
“Jacqueline Riu is a witness to the transformation of retail, from multi-brand shops to accessible fashion chains, integrating product design teams and diversifying production sources around the world according to the expertise developed by each country,” her daughters, Sabine Chiche and Véronique Jouary, said in a statement.
Both joined their mother at the company in 1999, when a management board and a supervisory board were established. During this period, the brand gradually grew from 60 to 250 stores, notably with the creation of a subsidiary in Poland and the development of franchises in Saudi Arabia and Réunion.
Jacqueline Riu – DR
In June 2013, employing 2,000 people, operating 220 stores and generating €120 million in revenue, the company was sold to the Armand Thierry chain, owned by the Deveaux group, which aimed to make it the cornerstone of a leading French ready-to-wear group.
In 2016, part of the network took the name Riu Paris. The company, which communicates sparingly, is now said to have around a hundred locations across France, as well as an online shop. To this day, the brand remains true to its founder’s vision of accessibility, offering creative pieces in sizes 36 to 48 and maintaining a mid-market positioning.
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Sweden’s IKEA will more than double its investment in India to over 200 billion rupees ($2.20 billion) in the next five years as the furniture retailer plans to open more stores and increase sourcing locally, a top executive said on Monday.
IKEA logo is seen in this illustration taken, February 11, 2025 – REUTERS/Dado Ruvic/Illustration/File Photo
IKEA, which opened its first India store in 2018 in the southern city of Hyderabad, will begin accepting online orders in four other cities where it currently does not have a physical presence, including Chennai and Coimbatore, in Tamil Nadu state.
“(India) is not a large IKEA country yet… But the belief in India is very strong that it will be one of our top markets,” said Patrik Antoni, CEO of IKEA India, in an interview with Reuters. The retailer’s India sales rose 6% to 18.61 billion rupees in the year ended August 2025, and Antoni said it plans to quadruple it, including by expanding store count to 30 from six.
The company plans to start online operations before opening a brick-and-mortar store in new cities- a first for IKEA globally- as young consumers shop online more to beat traffic, said Bhavana Jaiswal, country e-commerce integration manager. Its online sales account for over 30% of the total India sales. The retailer aims to raise the share to 40% of total sales.
IKEA will also double production for domestic stores and exports to 800 million euros ($930 million), said Antoni. The company’s move comes as global brands ramp up export production in India to cut costs, while consumer majors from shoemaker Asics to carmaker VinFast Auto also step up sourcing to meet domestic demand.
U.S. President Donald Trump doubled tariffs on imports from India to as much as 50% last year on some goods, forcing many industries to find new clients in other countries. Antoni, however, said it has not affected IKEA’s Indian suppliers much, as the brand, which has most of its stores in Europe, ships more to other markets.
Gaurav Gupta has opened its first flagship store dedicated to menswear. Located in New Delhi’s DLF Emporio, the boutique measures around 2,300 square feet and establishes Gaurav Gupta Man as a core pillar of the Gaurav Gupta brand.
Inside the first ever Gaurav Gupta Man store – Gaurav Gupta
The store inside the premium mall was designed by architect Karanbir Duggal in close collaboration with Gaurav Gupta, the brand announced in a press release. Its bold interior resembles a fluid maze, guiding the shopper through curved corridors, past slightly surrealist sculptures, through to rooms filled with the label’s occasion wear in a move to encourage exploration and discovery.
“This space reflects how I think about menswear today,” commented Gaurav Gupta about the intent behind the space. “It is fluid, sculptural, and introspective. The store becomes an extension of the Gaurav Gupta Man, where architecture and clothing exist in quiet conversation with one another.”
Gaurav Gupta mixes fashion and art in his new store – Gaurav Gupta
Gaurav Gupta first introduced his men’s offering in 2017 at fashion event GQ Fashion Nights and has dressed celebrities including Ranveer Singh. The new store caters to the label’s growing national and global menswear clientele with a selection of its signature tuxedos, bandhgalas, and ceremonial dress as well as new verticals including kurtas and Nehru jackets, shirts, accessories, bow ties, footwear, and finishing pieces.
“The concept of Shunya informed the way we shaped the space,” said architect Karanbir Duggal. “Emptiness was treated as an active element, allowing the architecture to feel calm, intentional, and deeply immersive rather than visually dense.”
Ami Paris is continuing its flagship opening programme but instead of Europe, this time it has turned its attention to Asia with a debut in Seoul. It has just opened its new multi-level flagship in the heart of Hannam at 45, Itaewon-ro 55ga-gil, Yongsan-gu.
Ami Paris, Seoul
And it said this “signals a meaningful evolution for the brand’s retail experience: spanning over 425 sq m, it stands as Ami Paris’s largest flagship globally, introducing a Parisian wardrobe and gathering place rooted in the timeless principles of Korean Hanok architecture”.
It added that the space “embraces Seoul’s cool contemporary soul, connecting with a culturally rich neighborhood and a style-attentive crowd who value effortless elegance, art, and discovery”.
Intended to be more than a traditional boutique, the venue is conceived as an “urban haven and welcoming residence, representing a respectful adaptation to the local context, with a unique sense of intimacy and togetherness”.
It’s certainly an interesting design. Visitors are guided from the street through an underground passage, emerging into the Ami Garden (“a curated oasis of local flora including rowan and maple trees”) before “ascending to the main entrance. This transitional ritual marks a shift from the city’s pace to a serene, breathing space”.
The design concept is based in traditional Hanoks, “creating a cosy atmosphere through a refined interplay of materials: dark oak, granite, and Maljat stone, accented by Ami Paris’s signature elements of beige limewash, gold, champagne gold and mirror finishes”.
Custom wooden furniture and low-slung seating areas are designed to invite visitors to linger, while bespoke paper lighting, evocative of traditional Hanji, “bathes the interiors in a soft, diffused glow”.
The store also inaugurates an artist residency in collaboration with the Pipe Gallery. Talents “will be invited to engage with the space, ensuring the Ami Paris home remains a dynamic site of cultural conversation”.
At launch, the presentation features the work of Korean-French contemporary artist Chansong Kim.