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Zepto experiments with platform fees to boost profitability
Zepto, a quick-commerce firm, has been experimenting with platform fees alongside handling charges and delivery fees in order to enhance its profitability.The company is...
Nestle to exit dairy sector in Ecuador, strikes deal with Grupo Gloria
Nestle has decided to exit the dairy sector in Ecuador by striking a deal with the Latin American food company Grupo Gloria.As part of...
Adidas faces annual loss of $82 million following Kanye West partnership termination, eyes sales recovery in 2024
Adidas, the renowned German sportswear brand, announced on Wednesday that it incurred an annual loss for the year 2023, attributing it partly to the...
High streets emerge as prime location for luxury brands in India during 2023: CBRE
According to a report released on Wednesday by CBRE South Asia, high streets emerged as the preferred location for luxury brands in India's leading...
India’s vegetable oil imports decline 13% in February to 9.75 Lakh Tonne: SEA
India's vegetable oils import fell 13 per cent year-on-year in February to nearly 9.75 lakh tonne, according to industry data. In a statement on...
Meesho announces its largest ever ESOP buyback, allocating INR 200 Cr for employees
Meesho has announced an Employee Stock Ownership Plan (ESOP) buyback program of INR 200 crore (approximately $25 million), marking it as the company’s largest...
Manga Srinivas Foods and Nutrihub collaborate to revolutionize millet-based cuisine
Manga Srinivas Foods has partnered with Nutrihub, the Indian Institute of Millets Research (IIMR), and signed an MoU, marking a pivotal moment for innovation...
Chalu Aapna Desi Chinese to launch three new outlets in Punjab, eyes aggressive expansion in North India and overseas
Bhopal-based restaurant chain Chalu Aapna Desi Chinese plans to enter Punjab with the launch of three new outlets on March 15, as stated by...
Blue Tokai Coffee Roasters marks milestone with inauguration of 100th cafe in Kolkata
After leading the entire nation on an exceptional coffee odyssey and elevating Indian specialty coffee to global recognition, Blue Tokai Coffee Roasters, the largest...
Decathlon sets sights on India as a ‘top priority’ market, eyes top five global position
Decathlon, the French sports retailer, views India as a "top priority" market. According to a top company official, they expect the country to be...
Winston India’s revenue skyrockets 5x post Shark Tank appearance
Winston India, the innovative lifestyle brand, has achieved an impressive fivefold increase in revenue, profit, and sales following its feature on Shark Tank. This...
BIA Brands bolsters skincare portfolio with acquisition of Asa Beauty
Fast-moving consumer goods (FMCG)-focused BIA Brands has acquired beauty brand Asa Beauty for an undisclosed amount, aiming to expand its foothold in the beauty...
