Breaking News
Fashion sourcing and manufacturing platform PDS raises INR 430 Cr
PDS Ltd., a fashion sourcing and manufacturing platform for global brands and retailers, has secured INR 430 crore through a qualified institutional placement (QIP).PDS...
Kalyan Jewellers’ promoters to raise INR 2,500-crore debt to boost equity stake
Kalyan Jewellers India's promoter, Trikkur Sitarama Iyer Kalyanaraman, along with the promoter group, is in talks with Motilal Oswal and 360 One to secure...
Trent soars 129% this year, set for further gains after NSE Nifty 50 inclusion
Shares of Tata Group's subsidiary, Trent Ltd., which have outperformed major global retail stocks, may experience further growth following their inclusion in India's benchmark...
FirstCry hit with I-T Dept show-cause notice over INR 80 Cr ESOP expenses
Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, has received show-cause notices from the Income Tax Department regarding its employee stock option...
Footwear retailer Metro Brands to open 225 new stores, aims for 10-15% sales growth
Metro Brands, a Mumbai-based footwear retailer, plans to open 225 new stores over the next two financial years, backed by steady cash flow. The...
TechnoSport to open 15-16 new stores across South India this fiscal year
Tiruppur-based sportswear brand Technosport plans to expand its South Indian presence by opening 15-16 new stores this financial year, targeting Karnataka, Tamil Nadu, Andhra...
UK brand Laura Ashley to enter Indian market in 2025 via licensing deal
Laura Ashley, the iconic British lifestyle brand, will enter the Indian market via a licensing model next year.͏Pa͏rtnering with Brad͏ford License India, La͏ura Ashley...
Indian consumers stick with retail chains despite e-commerce boom
Despite the growth of e-commerce, Indian consumers continue to shop at retail chains for premium products and during major sales or festive seasons, a...
Gem and jewellery exports fall 23.28% to USD 1,665.4 Million in July: GJEPC
The overall gem and jewellery exports saw a 23.28% year-on-year decline in July, dropping to USD 1,665.4 million, due to weakened consumer demand amid...
Menswear brand Blackberrys partners with Myntra to expand reach across India
Blackberrys, a prominent menswear brand, has joined forces with the e-commerce platform Myntra in a strategic partnership.Thr͏ough ͏th͏is collabora͏ti͏on, Bl͏a͏c͏kberry͏s seek͏s ͏͏t͏o e͏xtend i͏ts...
Clarks ends two-year joint venture with Reliance Retail, shuts all Indian stores
Reliance Retail and UK-based Clarks have ended their two-year joint venture due to significant disagreements over the terms of their partnership, according to three...
Reliance-owned Hamleys debuts third store in Italy at Oriocentre Mall
Reliance-owned multinational toy retailer Hamleys has opened its third store in Italy, marking a continued expansion in the country following its debut earlier this...