Thursday, January 23, 2025

Retail & Ecommerce

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...

Decathlon India names Sankar Chatterjee as new CEO

Decathlon, the sports retailer, has named Sankar Chatterjee as its new Chief Executive Officer for India.Chatterjee took up the position of CEO for the...

FirstCry set to withdraw DRHP, to refile IPO papers with Q3 FY24 figures

Firstcry, a kid-focused omnichannel retailer, is reportedly planning to withdraw its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of...

Lenskart set to secure $200 Million funding from Temasek, Fidelity

Singapore's state investment firm Temasek and US-based Fidelity are in the last stages of negotiations to inject approximately $200 million into Lenskart via a...

Boldfit teams up with Royal Challengers Bengaluru as exclusive fitness equipment partner

Boldfit, a renowned brand specializing in fitness apparel, supplements, and equipment, has officially partnered as the exclusive provider of fitness equipment for Royal Challengers...

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