Thursday, December 19, 2024

News

Wrangler expands presence in India with six new stores, targets 60 in 2025

Global denim brand Wrangler has launched six new stores across India, strengthening its retail footprint in the country. The new stores, located in Ujjain,...

Luxury goods sales to decline 2% in 2024: Bain & Company report

The personal luxury goods market is facing a significant downturn, with sales expected to drop 2% this year, making it one of the weakest...

Luxury fragrance brand Nisara enters UAE with Beauty Brands Global

D2C fragrance brand Nisara announced on Monday, November 11 that it has teamed up with Beauty Brands Global DMCC, which will be its exclusive...

Reliance Consumer to take over D2C snacking startup TagZ foods for INR 28 Cr

Reliance Consumer Products, a subsidiary of Reliance Retail, is set to acquire direct-to-consumer (D2C) snacking startup TagZ Foods for INR 28 crore ($3.5 million)....

CAIT targets Quick Commerce platforms over alleged law violations

The Confederation of All India Traders (CAIT) has set its sights on quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto, accusing them of...

Swiggy makes strong market debut, surges 16.91% above IPO price

Foodtech major Swiggy's shares closed at INR 455.95 on the BSE, a 16.91% increase from its IPO price of INR 390. The stock listed...

Cantabil Retail India reports INR 151.2 crore revenue for Q2, eyes expansion

Cantabil Retail India Ltd has announced its financial results for the second quarter ending September 30, 2024, showcasing impressive growth despite challenging market conditions....

‘We are expecting solid growth for 3-5 years’ – Swiggy CEO after successful listing

Swiggy announced on Wednesday, November 13 that it expects strong growth in the next 3-5 years. The company plans to expand its geographical reach...

Nykaa rewards employees with 1.8 lakh equity shares under ESOP, following 66.3% jump

Nykaa, direct-to-consumer beauty and fashion ecommerce platform, has allotted 1.8 lakh equity shares to its employees under the Employee Stock Option Plan (ESOP), following...

Nazara Technologies partners with ONDC to launch g-Commerce, allows in-gaming purchase

Nazara Technologies has collaborated with Open Network for Digital Commerce (ONDC) to launch gCommerce, a revolutionary in-game monetization platform.G-commerce to integrate e-commerce with gamingThis...

Nykaa appoints former Cars24 South East head as EVP for fashion arm

Nykaa, the beauty and fashion ecommerce major, has appointed Abhijeet Dabas as Executive Vice President and Business Head for its fashion segment. Dabas joins...

Zomato’s Quick Commerce arm Blinkit pilots large order fleet

Blinkit, the quick commerce arm of Zomato, has begun testing a large order fleet in the Delhi NCR region. This development comes after Zomato...

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