Breaking News
Organised apparel retailers to clock 8-10% revenue growth this fiscal year
The festive and wedding seasons, along with a growing preference for fast fashion, are expected to drive the organised retail apparel sector to achieve...
French retailer Carrefour to open 50 stores in Northern India over the next five years
French retailer Carrefour, which recently announced a strategic partnership with Apparel Group to enter India, plans to open 50 stores in northern India over...
D2C luggage brand Nasher Miles targets 1,000 retail stores by end of 2024
Homegrown luggage brand Nasher Miles plans͏͏ to͏͏ enhance͏͏ its͏͏ offline͏͏ presence,͏͏ targeting͏͏ 500͏͏ stores͏͏ by͏͏ Diwali͏͏ and͏͏ 1,000͏͏ stores͏͏ by͏͏ the͏͏ end͏͏ of͏͏ the͏͏...
Flipkart launches B2B app for refurbished product sellers ahead of Big Billion Day
As it gears up for the Big Billion Day Sale, e-commerce giant Flipkart has introduced a new business-to-business (B2B) app called ‘Flipkart Reset for...
US Polo Assn teams up with Zepto for instant apparel delivery across India
US Polo Assn (USPA) has͏͏ teamed͏͏ up͏͏ with͏͏ quick-commerce platform Zepto to͏͏ offer͏͏ product͏͏ delivery͏͏ within͏͏ 10͏͏ minutes͏͏ across͏͏ all͏͏ Zepto͏͏ locations.With͏͏ this͏͏ partnership,͏͏...
Lighthouse Advisors divests 2% stake in V2 Retail for INR 85 Cr; Motilal Oswal Mutual Fund acquires shares
Private equity firm Lighthouse Advisors has divested a 2 per cent stake in value retail chain V2 Retail for͏͏ INR͏͏ 85͏͏ crore͏͏ through͏͏ an͏͏...
Ospree expands duty-free operations at Mangaluru International Airport
Ospree͏͏ Duty͏͏ Free͏͏ has͏͏ launched͏͏ its͏͏ newly͏͏ expanded͏͏ arrival͏͏ store͏͏ at͏͏ Mangaluru͏͏ International͏͏ Airport͏͏ in͏͏ Karnataka,͏͏ marking͏͏ a͏͏ significant͏͏ advancement͏͏ in͏͏ India's͏͏ retail͏͏ sector.͏͏...
Oman India Joint Investment Fund sells shares in Senco Gold for over INR 75 Cr; ICICI Prudential Life acquires stake
Oman India Joint Investment Fund's arm sold shares of jewellery retail giant Senco Gold for over INR 75 crore in an open market transaction...
Export of gems and jewellery falls over 18% in August due to global consumption slowdown
The exports of gems and jewellery from India in August declined by 18.79% to USD 2,012.51 million,͏͏ compared͏͏ to͏͏ USD͏͏ 2,478.23͏͏ million͏͏ in͏͏ the͏͏...
Unicommerce strengthens sales and marketing teams with new senior directors
Enterprise tech startup Unicommerce has bolstered͏͏ its͏͏ leadership͏͏ team͏͏ with͏͏ two͏͏ new͏͏ appointments͏͏ to͏͏ accelerate͏͏ growth͏͏ in͏͏ the͏͏ e-commerce͏͏ enablement͏͏ sector.The͏͏ company͏͏ has͏͏ enlisted͏͏...
Retail sales grow 2% YoY in August 2024: RAI Survey
Retail sales in August 2024 recorded a moderate increase of 2% compared to the same period in August 2023, according to the latest edition...
Arvind Fashions plans aggressive expansion for US Polo Assn in India, targeting INR 5,000 Cr in sales
Arvind Fashions Ltd aims to aggressively expand its casual lifestyle wear brand, US Polo Assn., in India,͏͏ prioritising͏͏ store͏͏ expansion͏͏ and͏͏ marketing͏͏ investments.͏͏ As͏͏...