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Tata CLiQ Luxury & American Express tie up to dominate luxury market

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MUMBAI: Tata CLiQ Luxury and American Express have inked an exclusive partnership aimed at premium and aspiring clientele of luxury experiences. This first of its kind strategic partnership between a global payments company and Tata CLiQ will capitalise on the demand for trusted and secure shopping experiences, especially with contactless shopping gaining prevalence and preference over the past year.

Throughout the year, both brands will introduce initiatives to encourage luxury consumption across India, including access through the pan India distribution reach of Tata CLiQ Luxury. The partnership will offer unique experiences and thoughtfully curated services for American Express’ premium customers which include bespoke shopping experiences, access to stylish events, thought leadership gatherings, white glove delivery services, a dedicated concierge desk and unique privileges and including membership of Tata CLiQ Luxury’s exclusive by-invite-only privilege program – the Select Club.

Special offers will be introduced to increase trials, services to promote online adoption of high-ticket purchases and conversations with taste makers around luxury trends. Additionally, centurion and platinum card holders will receive access to shopping on Tata CLiQ Luxury in a manner second to none. For example, the company said, Tata CLiQ Luxury will create a behind the scenes access to a special American Express desk for preferred / privileged customers.

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Tata CLiQ CEO Vikas Purohit said, “At Tata CLiQ Luxury, we are committed to nurture and foster the luxury market in India. It gives us immense pride to partner with American Express in bringing the best to Indian consumers. We aim to provide luxury consumers with benchmark (contactless) luxury experiences irrespective of where they reside. Our overall purpose is to make luxury accessible in hassle free manner and enable the luxury ecosystem in India take the leap.”

American Express Banking Corp India, SVP & CEO Manoj Adlakha said, “Various industry reports peg India’s luxury market at $50 billion in 2020 and growing at 15 per cent plus annually. As a brand catering to premium lifestyle expectations, we are continually innovating and investing in capabilities and partnerships to enhance our card members’ experience. We are focused on delivering exclusive access and experiences to our card members, and this partnership with Tata CLiQ Luxury will further strengthen our suite of offerings. Providing a seamless omni-channel experience is critical for brands to build engagement and loyalty as customers increasingly crave experiences which foster connections and digital solutions that make their personal and professional lives easier.”

Traditionally, demand for luxury retail has been in the main metros. With this partnership, both Tata CliQ Luxury and American Express will work together to enable luxury households across the far reaches of the country to enjoy iconic global and Indian luxury brands and labels.

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ZEEL transfers syndication business, invests Rs 505 crore in IP push

Restructuring, stake buy and FCCB moves signal sharper content strategy

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MUMBAI: In the content economy, owning the story is half the battle monetising it is the real game, and Zee Entertainment Enterprises is doubling down on both. The company has approved the transfer of its syndication and content licensing business to its wholly owned subsidiary ZI-IPR Enterprises, alongside an investment of Rs 505 crore aimed at strengthening its play in content intellectual property (IP) acquisition, management and monetisation. The move, effective April 1, 2026, will see the business transferred on a slump sale basis at book value, including all associated assets, liabilities and commercial rights effectively consolidating IP operations under a more focused structure.

At its core, the restructuring signals a strategic shift. As content consumption increasingly fragments across digital and global platforms, the value of IP lies not just in creation but in how efficiently it can be distributed, repackaged and monetised across markets. By housing its syndication engine within ZI-IPR Enterprises, ZEEL appears to be building a more agile and scalable ecosystem, one that can better extract value from its vast content library while adapting to evolving distribution models.

But the company’s ambitions are not limited to restructuring. ZEEL has also approved an investment of up to Rs 20.09 crore in Culture of Real Experiences (CORE), acquiring a 51 per cent stake in the entity. The move expands its footprint into the broader creative and experiential space, suggesting a push beyond traditional broadcasting into areas where content, culture and immersive experiences intersect.

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At the same time, ZEEL has moved to tidy up its financials, approving the redemption of $23.9 million in outstanding foreign currency convertible bonds (FCCBs) and cancelling an unused $215.1 million commitment. The twin steps are expected to ease pressure on its treasury, freeing up capital and improving financial flexibility as the company invests more aggressively in its IP strategy.

Taken together, the decisions reflect a company in recalibration mode streamlining legacy structures, sharpening its focus on content ownership, and exploring new avenues for growth. In a market where the lines between television, streaming and experiential entertainment are increasingly blurred, ZEEL’s latest moves suggest it is not just creating content, but building a system to make that content travel further and pay better.

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