MAM
Jacadi Paris brings French chic to Mumbai with first India store
MUMBAI: Mumbai’s mini fashionistas are in for a stylish treat as Jacadi Paris, the iconic French luxury childrenswear brand, makes its grand debut in India. With 270 stores worldwide, the brand has now arrived at Palladium Mall, Mumbai, bringing a touch of Parisian elegance to the city’s youngest style icons.
With Indian parents spending 35 per cent more on premium childrenswear than they did five years ago, Jacadi’s entry into the market couldn’t have been better timed. Known for its chic, timeless designs, the brand caters to discerning families who value both style and heritage in their little ones’ wardrobes.
The 628-square-foot boutique seamlessly blends tradition with modern craftsmanship, offering a curated selection of apparel, accessories, and footwear for newborns to 12-year-olds. The brand’s emphasis on sustainability is evident in its use of organic cotton, water-saving processes, and recycled materials, making it a go-to for eco-conscious shoppers.
Jacadi’s Mumbai launch is just the beginning. The brand is set to open its second store in Bangalore by April 2025, reinforcing its commitment to expanding in India’s growing luxury kidswear market.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
