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90% of Indian retail market to stay offline despite digital surge, says Accel’s Prashanth Prakash
Online-first Direct-to-Consumer (D2C) brands have a significant opportunity to extend their presence by expanding into offline stores, as highlighted by Prashanth Prakash, founding partner...
Global fashion giants struggle as India mandates BIS certification for footwear production
Armani Exchange, Superdry, Calvin Klein, Tommy Hilfiger, and US Polo Assn are facing dwindling supplies of local shoes due to a government mandate requiring...
Baby Forest opens its first flagship store in Delhi’s Select City Walk Mall
Baby Forest Ayurveda Pvt Ltd., renowned for its Ayurvedic baby care products, has inaugurated its flagship store in the prestigious Select City Walk Mall...
India’s toy exports dip to $152.34 Million in 2023-24: GTRI Report
India's toy exports dipped marginally to USD 152.34 million in 2023-24 from USD 153.89 million in the previous financial year, as reported by the...
Quick commerce sector soars as Millennial and Gen Z homes drive growth
Just two years ago, the idea of quick commerce or instant deliveries was often dismissed with laughter. Some even argued that consumers had no...
DMart’s Q4 FY24 net profit soars 22.3% to INR 563 Crore, driven by strong performance in general merchandise and apparel
Avenue Supermarts, the company behind DMart, has reported a 22.3% increase in its consolidated net profit for the fourth quarter ended in March 2024....
Swiss Military to invest INR 56.5 Cr in first fully owned manufacturing unit in Haryana
Swiss Military, a renowned global lifestyle brand, is set to establish its first fully owned manufacturing unit in India in Haryana with an initial...
FirstCry adjusts IPO fund allocation strategy, prioritizing overseas expansion, acquisitions, and other growth initiatives
FirstCry, a kids-focused omnichannel retailer, has made slight changes in the way it plans to utilize the capital raised from the fresh issuance of...
IPO-bound FirstCry faces INR 278 Cr loss in nine months of FY24
FirstCry, a kids-focused omnichannel retailer, recorded a consolidated net loss of INR 278.2 Cr for the nine months ending December 2023 in the financial...
FirstCry refiles DRHP following SEBI review; IPO offer unchanged
FirstCry, the Pune-based omnichannel marketplace, has refiled its draft red herring prospectus (DRHP) after the Securities and Exchange Board of India (SEBI) stated that...
Intense competition dents profits: Gillette India’s Q3 earnings dip by nearly 4%
Gillette India saw a nearly 4% decline in third-quarter profits due to intense competition in the domestic market, which subdued demand.Gillette India, renowned for...
Malls open doors to D2C brands, explore short-term leasing
Responding to the ever-changing landscape of the market, the increasing appeal of digital-first brands, and the expanding GenZ consumer demographic, shopping mall developers are...