retail
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Nestle India sees 4.3% increase in Q4 net profit, reaching INR 655.61 Crore
FMCG major Nestle India reported a 4.38% rise in net profit to INR 655.61 crore for the fourth quarter ended December 2023, compared to...
Retail sales in India plunge as consumer sentiment remains subdued; recovery expected after two to three quarters
Retail sales in India experienced a sudden halt in 2023, with the growth rate in sectors like apparel, footwear, beauty, and quick-service restaurants (QSR)...
Apparel Group’s R&B expands footprint with new Bengaluru store, marking 18th outlet in India
Fashion brand Rare and Basics (R&B) under the ownership of Apparel Group India has unveiled its latest store in Bengaluru, as announced by the...
IGP takes gifting to new heights with 30-minute instant delivery service
In an era where time is of the essence, IGP.com, the international gifts platform, makes a groundbreaking stride in the Indian retail landscape. With...
Amazon Founder Jeff Bezos to sell 50 Million shares by January 31 next year
Jeff Bezos, the founder of Amazon.com, is set to sell 50 million shares in the online retail and cloud services firm over the next...
Spanish fashion brand Mango sees India as key driver for global expansion
Spanish fashion brand Mango highlighted the importance of India in its global growth strategy, citing the rising demand for women's western wear, the robust...
BlendJet enters Indian retail market, introduces BlendJet 2 portable blender with vibrant color options
In a strategic maneuver that highlights its dedication to promoting health and wellness, BlendJet has formally entered the dynamic Indian retail market. The US-based...
Retail boom in tier-2 Indian cities: Global brands and local players invest heavily as economic growth spurs consumption hubs
With the increasing affluence of wider strata in Indian society, retailers are channeling significant investments into tier-2 cities. This is driven by the rapid...
Manyavar’s parent Vedant Fashions sees 4.8% surge in Q3 FY24 consolidated net profit, reaches INR 157.71 Crore
Vedant Fashions, the proprietor of Manyavar, reported a 4.8% surge in its consolidated net profit for the third quarter (Q3) concluding on December 31,...
HealthMug and Maate join forces to transform baby care landscape in India
In a strategic move to revolutionize the baby care market in India, HealthMug has announced its collaboration with Maate, a renowned personal care brand...
Retail sector leasing soars 47% to all-time high in 2023, fueled by international brands
In 2023, the retail sector recorded a historic peak in leasing, securing 7.1 million square feet across eight cities. This marked a notable 47%...
Govt asks cooking oil companies to align prices with international rates, industry executives express feasibility concerns
According to the solvent extractors association, the government has asked cooking oil companies to align their product prices with the decline in international rates....