Monday, November 25, 2024

Retail & Ecommerce

Footwear brand Relaxo enters Moroccan market, eyes double-digit growth over next 5 years

Relaxo Footwears has expanded its export business by entering the Moroccan market, according to Ritesh Dua, Executive Vice President of the company.“This market is...

60% of consumers plan to boost online shopping budgets this festive season: Meesho Survey

Over 60% of mass consumers plan to increase their online shopping budgets this festive season, boosting e-commerce adoption in tier 2 cities, according to...

Skincare brand XYST partners with Amazon, Nykaa, and Flipkart to expand market reach

XYST, a premium skincare brand that is FDA-approved and derma-certified, has entered into a strategic partnership with major Indian e-commerce platforms, including Amazon, Nykaa,...

Purplle revenue soars 43% to INR 679.6 Cr in FY24, reduces net loss by 46%

Purplle, the Mumbai-based beauty ecommerce marketplace, saw its revenue edge closer to INR 700 crore for the financial year ended March 31, 2024. The...

ONDC launches Saarthi to facilitate custom buyer apps for businesses

T͏h͏͏͏e͏ ͏g͏͏͏o͏͏͏ve͏rn͏m͏en͏t͏-supp͏o͏r͏͏t͏e͏d Open͏ Ne͏͏͏t͏w͏o͏rk for͏ D͏͏i͏gi͏t͏a͏l ͏Commerce (ONDC) h͏as launch͏ed͏ a ͏m͏ulti͏l͏͏in͏gual͏ r͏ef͏͏ere͏͏nce͏ ͏͏app͏l͏i͏c͏͏͏a͏tio͏n͏͏ ͏t͏o͏ help b͏u͏s͏iness o͏͏͏͏wn͏ers͏ ͏c͏reate͏ ͏th͏eir ͏͏͏͏o͏w͏n t͏a͏i͏l͏͏͏͏o͏͏red͏ bu͏͏y͏͏͏e͏r͏͏͏-si͏de͏ app͏s.The...

Socks brand Balenzia opens new store in Pune

Homegrown socks brand Balenzia has opened a new store at Pune International Airport, Lohegaon, marking its third outlet at an international terminal."We ar͏e thrilled...

Reliance Retail and Delta Galil form strategic joint venture to transform India’s apparel market

Reliance Retail Ventures Limited, a major player in the Indian retail industry, has announced a strategic 50/50 joint venture with Delta Galil Industries, Ltd.,...

Jaimin Gupta acquires majority stake in Gujarat-based Aarvee Denims and Exports

Jaimin Gupta, the founder of men's fashion brand Barcelona, along with other investors have acquired a majority stake in Gujarat based Aarvee Denims and...

Gifting company Archies bets big on quick commerce platforms, plans global expansion

Archies, a leading gifts and greeting cards company, expects sales of INR 15-18 crore in FY25 through quick-commerce platforms such as Blinkit, Zepto, and...

ONDC appoints RS Sharma as non-executive chairperson

The Open Network for Digital Commerce (ONDC) has appointed Dr. R.S. Sharma as its Non-Executive Chairperson. This appointment is anticipated to drive the growth...

Ikea targets expansion in India with new investments and smaller store formats

Ikea, the global furniture retailer, is seeking new investments for its priority market, India, as it embarks on its second growth phase, according to...

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