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Zara’s growth slows as competition swells in India’s fashion market
Inditex, the Spanish conglomerate behind the renowned fashion label Zara, experienced its most sluggish sales expansion in India during FY24, excluding the pandemic-affected year....
Rare Rabbit’s INR 500 Cr funding round may see participation from Nikhil Kamath, Manyavar Family Office alongside A91 Partners
Rare Rabbit, a new-age men’s apparel and fashion label, is finalizing its inaugural institutional funding cycle of INR 500 crore, spearheaded by investment powerhouse...
Southern India leads economic recovery post-Covid: Kantar Report reveals strong FMCG growth in five states
The southern region of India seems to be leading the way in the overall economic recovery post-Covid, with five states showing stronger sales in...
Tea major B&A Ltd enters retail sector with ‘Gatoonga’ brand, eyes pan-India expansion
For the first time in its century-long history, B&A Ltd has ventured into the retail sector with its 'Gatoonga' brand of black tea, a...
Sainsbury’s teams up with Microsoft to revolutionize retail operations with AI
Sainsbury’s, the renowned supermarket chain, has entered into a five-year strategic partnership with Microsoft to harness AI in enhancing both customer and colleague experiences.This...
Luxury fashion retailer Burberry’s FY24 profits drop by 44% to $342 Million
Burberry, the renowned luxury fashion brand, saw its profits dwindle by 44% to £271 million ($342 million) in the fiscal year 2024 (FY24), down...
Luxury group Richemont sees Q4 sales slowdown, names Nicolas Bos as new CEO
Richemont acknowledged the deceleration in the luxury market as the proprietor of Cartier jewelry disclosed a 1% decline in its fourth-quarter sales.The corporation, which...
Unilever to keep Russian ice cream assets despite demerger plans
Unilever reportedly plans to continue producing ice cream in Russia even after demerging the rest of the division from the business.In March, the FMCG...
Amazon Fresh sees 43% YoY growth in ice creams and dairy beverages sales
This summer, there has been a significant surge in demand for mangoes, ice creams, and dairy products at Amazon Fresh. The company has noted...
Suniel Shetty-backed Aquatein leads the charge in tackling protein deficiency, delivers 21g of protein in a 500ml water bottle
Suniel Shetty, known for his grounded demeanor, may not be as prolific in films these days. However, he has found a prominent place on...
From Masala Chai’s comeback to Herbal Tea’s rise: Godrej Food Trends Report unveils emerging trends for International Tea Day!
Tea, one of the world's oldest and most cherished beverages, possesses an enduring charm that spans across cultures and generations. Celebrated annually on May...
Amazon surpasses rivals as Gen Z’s top fashion destination in India, survey finds
The e-commerce giant Amazon has emerged as the preferred online fashion platform for Gen Z (people born between 1995 and 2010) in India, surpassing...