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Apparel Group expands Victoria’s Secret with new store launch in Kochi
Apparel Group has expanded its footprint in South India with the launch of a new Victoria's Secret store in LuLu Mall, Kochi. This marks...
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,...
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...
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...
Amazon and Samara Capital invest heavily in More Retail to fuel expansion and enhance grocery fulfilment
Amazon and private equity firm Samara Capital are investing heavily in grocery retail chain More Retail, which received over INR 387 crore in capital...
India’s cut and polished diamond exports expected to hit decade-low of $12.5-13.0 Bn in FY25: ICRA
India’s cut and polished diamond (CPD) exports are expected to decline to a decade-low of $12.5-13.0 billion in FY2025, according to ICRA,͏͏ marking͏͏ an͏͏...
International footwear brands unlikely to lower prices for Indian consumers: Nuvama Report
International footwear brands shifting their third-party operations to India are not expected to lower product prices for Indian consumers, as noted in Nuvama's September...
Footwear brand Aquazzura opens first boutique in India at New Delhi’s Chanakya Mall
Aquazzura has opened its first retail store in India at Chanakya Mall in New Delhi, collaborating with DS Luxury Retail Limited, a subsidiary of...
Uniqlo marks five years in India, plans new stores in Mumbai and New Delhi
Japanese fashion retail brand Uniqlo has marked five years in India, as stated in a company announcement on Wednesday. The͏͏ brand͏͏ opened͏͏ its͏͏ first͏͏...
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...
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...
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...