Friday, January 10, 2025

retail

FMCG firms adjust to quick commerce boom, cut distributor sales amid inventory oversupply

India's booming quick commerce sector is prompting fast-moving consumer goods (FMCG) companies to reduce sales to distributors in major cities and manage an oversupply...

Foot Locker to enter Indian market through Metro Brands and Nykaa

New York-based footwear retailer Foot Locker has teamed up with Metro Brands and Nykaa to enter the Indian market with an omnichannel strategy. Metro Brands...

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...

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...

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