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German perfume retailer Douglas set to unveil IPO plans despite market uncertainty
German perfume retailer Douglas is poised to announce its plans for an initial public offering (IPO) in the coming days, as reported by Reuters,...
HyugaLife’s parent Pratech Brands secures INR 52 Crore in seed funding round
Pratech Brands, a leading digital retailer and the parent company of HyugaLife, has successfully secured INR 52 crore (approximately $6.3 million) in a seed...
PepsiCo’s quarterly revenue drops for the first time in almost four years
PepsiCo's fiscal year results reveal a 5.9% increase in net revenue, indicating the effectiveness of investments made to fortify the company's operations.However, the beverage...
Blinkit introduces ‘Single Mode’ feature for solo shoppers ahead of Valentine’s Day, reports surge in orders and advertising revenue
With Valentine's Day approaching, Blinkit, the online retailer under Zomato's umbrella, has unveiled a fresh feature known as 'Single Mode,' aimed at solo shoppers....
IKEA eyes major investment boost in India as it explores next phase of funding and expansion plans
IKEA, the Swedish furniture retailer, is exploring further investment opportunities in India as it approaches the next phase of funding. The company initially committed...
Superdry CEO Julian Dunkerton weighs takeover options as struggling retailer seeks recovery
Superdry, the embattled British fashion retailer, disclosed on Friday that its CEO and major shareholder, Julian Dunkerton, is contemplating various options, including making a...
Ikea expands reach with online doorstep deliveries to 62 new districts in India; plans e-commerce launch in Delhi-NCR within a year
In a bid to enhance its product accessibility, Swedish furniture retailer Ikea is set to initiate online doorstep deliveries to 62 new districts in...
Meesho fastest growing e-commerce player; GMV tops $5 Billion: Alliance Bernstein Report
According to a recent report by Alliance Bernstein, the current Gross Merchandise Value (GMV) of Meesho, a value-driven e-commerce startup, is over USD 5...
US retailer Target grapples with shipment disruptions from India and Pakistan amid Red Sea crisis
Target, a major U.S. retailer, is facing shipment disruptions from India and Pakistan, significant regions for apparel manufacturing. The source, familiar with the situation,...
UK retail giant Tesco revises profit forecast following strong Christmas sales performance
Tesco, the largest retailer in Britain, revised its profit forecast for the second time in four months. This adjustment comes as the company disclosed...
Reliance Retail unveils Hamleys Play store in Pune
Reliance-owned multinational toy retailer Hamleys has unveiled the Hamleys Play store at Kopa Mall in Pune, as announced in a post on social media.“Hamleys...
Flash sales take center stage as apparel retailers struggle with year-end demand slump
Despite the festive season, the last quarter of 2023 is expected to see subdued demand for apparel and lifestyle products, as shoppers remain hesitant...