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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...
Decathlon to invest €100 Mn in India to expand store network and strengthen local manufacturing
French sports retailer Decathlon plans to invest €100 million (about INR 933 crore) in India over the next five years. The investment aims to...
Ikea tests same-day delivery in Hyderabad, plans nationwide rollout by next year
Swedish furniture retailer Ikea is testing same-day delivery in Hyderabad and aims to expand it across all its markets within the next year. Additionally,...
Bagzone Lifestyles expands portfolio with online-exclusive brand Lavie Signature
Bagzone Lifestyles Pvt Ltd, the parent company of Lavie and Lavie Luxe, has launched an online-exclusive brand, Lavie Signature. Positioned between Lavie and Lavie...
Puma shifts focus to become a sports and performance-first brand
German sportswear maker Puma said it remained India's largest sports and apparel brand, with a 10% sales increase last calendar year despite top management...
Reliance Retail’s Yousta expands with new store at Ambience Mall, Gurugram
Reliance Retail's youth-focused fashion brand Yousta has launched a new store in Gurugram's Ambience Mall, as shared in a social media post by a...
D2C fashion brands Highlander and Tokyo Talkies enter offline market with 13 new stores
Bengaluru-based Brand Studio Lifestyle's D2C fashion brands Highlander and Tokyo Talkies have entered offline retail.͏͏Thi͏s͏ ͏mo͏nt͏h, th͏e company͏ lau͏nched 13͏ n͏ew͏ ͏st͏or͏es: 1͏0͏ in...
Retailers and QSRs cut 26,000 jobs in FY24 as expansion slows
Around a dozen listed lifestyle, grocery retailers, and quick-service restaurants (QSRs) cut nearly 26,000 jobs in FY24, scaling back from the hiring surge of...
Retail sector records 2% YoY growth in 2024
The retail sector recorded a 2% growth in 2024 compared to the same period last year, according to the Retailers Association of India (RAI)...
India’s gold imports decline 4.23% to USD 12.64 Billion in April-July
India's gold imports, which influence the current account deficit (CAD),͏ d͏͏͏ecl͏ine͏d͏ ͏b͏y ͏4.2͏3͏%͏͏ ͏to USD͏ 12͏.64͏͏ bi͏͏llio͏n ͏͏in͏ Ap͏ri͏l͏-July ͏2͏024͏-25 ͏͏a͏mid gl͏͏͏o͏ba͏l ec͏onomic un͏͏c͏e͏͏͏͏r͏t͏ai͏n͏͏͏t͏i͏es,...
RAI urges Delhi govt to reduce signage fees in the city
The Retailers Association of India (RAI) has called on the Delhi government and the Municipal Corporation of Delhi (MCD) t͏o review t͏he ͏h͏igh ͏sig͏͏na͏ge...