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Sunday, September 29, 2024

Tag: retail

Trent soars 129% this year, set for further gains after NSE Nifty 50 inclusion

Shares of Tata Group's subsidiary, Trent Ltd., which have outperformed major global retail stocks, may experience further growth following their inclusion in India's benchmark...

JD Sports Fashion reports 2.4% rise in LFL sales for Q2 FY25, organic sales Up 8.3%

British retailer JD Sports Fashion has reported a 2.4% rise in like-for-like (LFL) sales for the second quarter of fiscal 2025. Organic sales also grew...

Footwear retailer Metro Brands to open 225 new stores, aims for 10-15% sales growth

Metro Brands, a Mumbai-based footwear retailer, plans to open 225 new stores over the next two financial years, backed by steady cash flow. The...

TechnoSport to open 15-16 new stores across South India this fiscal year

Tiruppur-based sportswear brand Technosport plans to expand its South Indian presence by opening 15-16 new stores this financial year, targeting Karnataka, Tamil Nadu, Andhra...

Rapid growth of quick commerce platforms threatening fair competition: AICPDF

As the debate over "predatory pricing policies" by ecommerce platforms continues, the All India Consumer Products Distributors Federation (AICPDF) has called on Union Commerce...

UK brand Laura Ashley to enter Indian market in 2025 via licensing deal

Laura Ashley, the iconic British lifestyle brand, will enter the Indian market via a licensing model next year. ͏Pa͏rtnering with Brad͏ford License India, La͏ura Ashley...

Indian consumers stick with retail chains despite e-commerce boom

Despite the growth of e-commerce, Indian consumers continue to shop at retail chains for premium products and during major sales or festive seasons, a...

Jewellery retailer Joyalukkas to open 60 new stores in 3 years, drops IPO plans

Joyalukkas, a leading jeweller, plans to open 60 new stores over the next three years, mainly outside the southern states. The mo͏ve ͏aims to boost...

Clarks ends two-year joint venture with Reliance Retail, shuts all Indian stores

Reliance Retail and UK-based Clarks have ended their two-year joint venture due to significant disagreements over the terms of their partnership, according to three...

Decathlon to invest €100 Mn in India to expand store network and strengthen local manufacturing

French sports retailer Decathlon plans to invest €100 million (about INR 933 crore) in India over the next five years. The investment aims to...

Neville Tata takes charge of Star Bazaar, marking next generation leadership in Tata Group

Neville Tata has taken charge of Star Bazaar, heralding the rise of the next generation within the Tata Group. Star Bazaar, the hypermarket division...

Ikea tests same-day delivery in Hyderabad, plans nationwide rollout by next year

Swedish furniture retailer Ikea is testing same-day delivery in Hyderabad and aims to expand it across all its markets within the next year. Additionally,...

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