Friday, January 10, 2025

retail

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...

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,...

Bagzone Lifestyles expands portfolio with online-exclusive brand Lavie Signature

Bagzone Lifestyles Pvt Ltd, the parent company of Lavie and Lavie Luxe, has launched an online-exclusive brand, Lavie Signature. Positioned between Lavie and Lavie...

Retailers and QSRs cut 26,000 jobs in FY24 as expansion slows

Around a dozen listed lifestyle, grocery retailers, and quick-service restaurants (QSRs) cut nearly 26,000 jobs in FY24, scaling back from the hiring surge of...

Retail sector records 2% YoY growth in 2024

The retail sector recorded a 2% growth in 2024 compared to the same period last year, according to the Retailers Association of India (RAI)...

RAI urges Delhi govt to reduce signage fees in the city

The Retailers Association of India (RAI) has called on the Delhi government and the Municipal Corporation of Delhi (MCD) t͏o review t͏he ͏h͏igh ͏sig͏͏na͏ge...

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