Friday, January 10, 2025

Retail & Ecommerce

Amazon sees 35% sales growth in Tamil Nadu for premium products

Tamil Nadu has seen a 35 per cent year-on-year growth, driven by strong demand for premium products, according to a company official from Amazon....

Jaipur Watch Company expands into women’s segment, eyes 20% sales contribution

Luxury brand Jaipur Watch Company has entered the women's watch market with the launch of its new collection,͏͏ 'Brides͏͏ of͏͏ Jaipur'."We͏͏ recognised͏͏ that͏͏ we͏͏...

Nykaa completes acquisition of additional 39% stake in Dot & Key for INR 265.3 Cr

Nykaa, a leading player in beauty and e-commerce, has completed the acquisition of an additional 39% stake in Kolkata-based skincare brand Dot & Key...

GlobalBees acquires additional 22.5% stake in Solarista for INR 5.88 Cr

GlobalBees,͏͏ a͏͏ subsidiary͏͏ of͏͏ kids-focused͏͏ omnichannel͏͏ retailer͏͏ FirstCry,͏͏ has͏͏ increased͏͏ its͏͏ stake͏͏ in͏͏ Solarista͏͏ Renewables,͏͏ which͏͏ sells͏͏ bags͏͏ and͏͏ rainwear͏͏ under͏͏ the͏͏ brand͏͏ ‘The͏͏...

India’s commerce ministry proposes task force to boost gem and jewellery exports

The commerce ministry is mulling the establishment of a task force for the gem and jewellery industry to͏͏ address͏͏ the͏͏ challenges͏͏ faced͏͏ by͏͏ the͏͏...

Luxury skincare brand No.9 launches advanced Anti-Aging Vitamin C Serum in India

Luxury skincare brand No.9 has officially introduced its Advanced Anti-Aging Vitamin C Serum in India, showcasing the finest of Dubai’s high-end beauty offerings. Renowned͏͏...

Hindware launches Ornate Duo 90cm Island Chimney with advanced smart features

Hindware Smart Appliances has launched the Ornate Duo 90cm, a premium island chimney tailored͏͏ for͏͏ the͏͏ evolving͏͏ preferences͏͏ of͏͏ retail͏͏ consumers͏͏ in͏͏ India.͏͏ With͏͏...

Myntra expects 1.6-fold increase in traffic during upcoming Big Fashion Festival

Fashion and lifestyle e-commerce platform Myntra anticipates͏͏ a͏͏ 1.6-fold͏͏ increase͏͏ in͏͏ traffic͏͏ during͏͏ its͏͏ festive͏͏ sale,͏͏ the͏͏ Big Fashion Festival (BFF),͏͏ compared͏͏ to͏͏ regular͏͏...

Amazon India unveils AI chatbot Rufus ahead of Great Indian Festival sale

Ahead of its annual Great Indian Festival sale, e-commerce giant Amazon India has unveiled Rufus,͏͏ a͏͏ generative͏͏ AI-powered͏͏ conversational͏͏ shopping͏͏ chatbot.The͏͏ company͏͏ aims͏͏ to͏͏...

Amazon’s home, kitchen, and outdoors category sees 25-27% CAGR over three years

The Home, Kitchen, and Outdoors category at Amazon India has͏͏ seen͏͏ a͏͏ 3-year͏͏ compound͏͏ annual͏͏ growth͏͏ rate͏͏ (CAGR)͏͏ of͏͏ 25-27%,͏͏ according͏͏ to͏͏ K.N. Srikanth,͏͏...

India’s ready-made garment exports surge 12% in August to USD 1.26 Bn

India's ready-made garment exports (RMG) increased͏͏ by͏͏ approximately͏͏ 12%͏͏ in͏͏ August,͏͏ reaching͏͏ USD͏͏ 1.26͏͏ billion,͏͏ according͏͏ to͏͏ data͏͏ from͏͏ the͏͏ commerce͏͏ ministry.͏͏ For͏͏ the͏͏...

Gold jewellery demand set to rise with 18% volume growth anticipated, says Nuvama Report

India's jewellery market is experiencing a shift in buying trends,͏͏ with͏͏ a͏͏ broader͏͏ range͏͏ of͏͏ customers͏͏ driving͏͏ demand͏͏ in͏͏ the͏͏ second͏͏ quarter͏͏ of͏͏ 2024.Increased͏͏...

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