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D2C furniture and mattress startup Wakefit reports 24% revenue growth to INR 1,017 Cr in FY24
Wakefit, the Bengaluru-based mattress and furniture manufacturer, reported a 24% year-on-year revenue increase, reaching INR 1,017 crore for the financial year ending March 31,...
Candytoy Corporate partners with Reliance Retail to supply confectionery toys to 1,400 outlets
Candytoy Corporate, a prominent manufacturer of candy toys, has teamed up with Reliance Retail to supply confectionery toys to 1,400 of the retailer's stores,...
Lulu Group to establish food processing and logistics centres in Andhra Pradesh
UAE-based Lulu Group International plans to establish modern food processing and logistics centres in Andhra Pradesh, alongside hypermarkets and a shopping mall, according to...
Nine West expands its reach in India through Myntra collaboration
As India's retail landscape expands, Nine West, a footwear brand under Bata, is boosting its presence by launching on Myntra. The͏͏ brand͏͏ focuses͏͏ on͏͏...
India’s gold imports soar to $10.1 Bn as duty cut fuels domestic demand
Union Minister of Commerce and Industries Piyush Goyal stated that reducing the duty on gold from 15% to 6% has increased domestic demand for...
Apparel companies anticipate weak retail market during festive season
Apparel͏͏ companies͏͏ anticipate͏͏ a͏͏ weak͏͏ retail͏͏ market͏͏ during͏͏ the͏͏ festive͏͏ season.͏͏ According͏͏ to͏͏ a͏͏ survey͏͏ by͏͏ the͏͏ apparel͏͏ industry͏͏ body,͏͏ 63%͏͏ of͏͏ respondents͏͏ expect͏͏...
Adani Airport’s JV April Moon Retail to acquire 74% stake in Cococart Ventures for INR 200 Cr
April Moon Retail Private Limited, a joint venture of Adani Airport Holdings Limited, is set to acquire a 74% stake in Cococart Ventures Private...
Festive season boosts gold and silver prices, experts predict further increases
Gold and silver prices are rising due to strong demand, and this momentum is expected to continue throughout the festival season.In͏͏ the͏͏ current͏͏ financial͏͏...
Peter England strengthens retail presence in Nepal with new store
Peter England, a prominent menswear brand under Aditya Birla Fashion and Retail Ltd, has broadened its retail presence by opening a new flagship store...
Puma names Markus Neubrand as new CFO
Puma, the German sportswear manufacturer, has appointed Markus Neubrand as its new Chief Financial Officer,͏͏ effective͏͏ October͏͏ 1,͏͏ 2024.Neubrand͏͏ will͏͏ succeed͏͏ Hubert͏͏ Hinterseher,͏͏ who͏͏...
MONIN expands retail presence in India with new experiential studio in Mumbai
MONIN, the renowned premium syrup brand, has unveiled its newest experiential studio in Mumbai, bolstering its retail presence in India. Officially͏͏ launched͏͏ on͏͏ 26th͏͏...
Flipkart invests in personalisation and GenAI to drive growth during Big Billion Days
E-commerce platform Flipkart is heavily investing in personalisation, GenAI, and video commerce to enhance customer engagement and drive growth, particularly during its annual festive...