ONLINE NEWS

• China’s Beijing, Shanghai announce tax breaks to boost property markets
  20 November 2024, realty.economictimes.indiatimes.com
  ​​Other major Chinese cities are widely expected to follow suit and the measures come on the heels of some tax breaks on home and land transactions unveiled by China’s finance ministry last week…
• Construction of new office space down by 4% in Q2 FY25: Vestian
  20 November 2024, realty.economictimes.indiatimes.com
  ​​Bengaluru’s share in absorption rose significantly from 25% in Q2 FY25 to 36% in Q3 FY25. And has 6.63 million sq ft absorption in Q3 FY25 while Hyderabad followed with 2.79 million sq ft. The share of Mumbai was reduced from 20% to 12% during the same period…
• Grocery chains vie for a place on Thanksgiving tables
  20 November 2024, brandequity.economictimes.indiatimes.com
  ​​While consumer perceptions of grocery prices is based on the cost of staples like eggs and milk, “the Thanksgiving meal has become essentially a new benchmark,” Jason Goldberg, chief commerce strategy officer at Publicis Groupe, a global marketing and communications company. It’s the occasion for the second-largest holiday meal for retailers behind the feasts that accompany the winter holidays. Compared with an average, Thanksgiving meal shopping delivered a $2.4 billion sales lift during the week before and after the holiday last year..
• AI vs the ‘Gut Marketer’
  20 November 2024, brandequity.economictimes.indiatimes.com
  ​​The world of marketing is buzzing with algorithms, each hinting at a faster, smarter future. But this author believes that the answer isn’t to replace brand marketers with ‘AI prompters’ but about finding the right balance between tech, intuition and creativity. In this column, he explains why the ‘gut marketer’ still has a creative edge over machines…
• Marriages and shopping in Oct-Dec may spur 40% hike in spends, boost retail demand
  20 November 2024, realty.economictimes.indiatimes.com
  ​​Retailers in India are anticipating a surge in sales during the second half of the financial year due to the increase in weddings. With 47 auspicious wedding days between October and March, businesses are expecting a 40% increase in spending compared to last year, driven by a higher number of weddings and increased spending per wedding…
• Zomato expects food delivery business to grow 30% annually over 5 years, exec says
  20 November 2024, retail.economictimes.indiatimes.com
  ​​Zomato’s food delivery business accounts for about 58% of its topline with the gross order value – encompassing food price, platform fees and delivery charges – at 322.24 billion rupees ($3.82 billion) last fiscal year, marking an average annual growth of 30% over the last four years…
• Shanghai to reduce taxes on real estate transaction from December 1: State media
  19 November 2024, realty.economictimes.indiatimes.com
  ​​China has been aiming to bolster the crisis-hit property market by increasing demand and easing developers’ financial difficulties, with its finance ministry last week unveiling tax incentives on home and land transactions…
• ED uncovers Amazon and Flipkart’s direct links with sellers
  19 November 2024, retail.economictimes.indiatimes.com
  ​​The Enforcement Directorate (ED) has uncovered evidence suggesting that Amazon and Flipkart exert significant control over their preferred sellers. Investigations revealed close ties between these sellers and the e-commerce giants, with evidence suggesting control over inventory, pricing, and profits. The ED is preparing a formal complaint alleging violations of foreign investment laws…
• ETRetailCafe: Forum Malls’ Md Ali on evolving role of marketing, impact of tech on malls
  19 November 2024, retail.economictimes.indiatimes.com
  ​​Muhammad Ali, CEO of Forum Malls, Prestige Group shares how consumer needs are evolving and how they have taken charge to define the success of any mall. He also discussed the evolving role of marketing and impact of tech on the success of malls…
• Makers of Simba beer foray into liquor space with ZigZag vodka
  19 November 2024, retail.economictimes.indiatimes.com
  ​​Currently, the brand has been launched in 3 states – Chattisgarh, Goa, and Delhi. The brand has launched it in four options – original, lime, orange, and green apple. These variants will be available in 3 sizes – 750ml, 375ml, and 180ml…
• Zepto ramping up café business; eyes Rs 1,000 ARR in next financial year
  19 November 2024, retail.economictimes.indiatimes.com
  ​​This comes at a time when Swiggy’s 10-minute food delivery service Bolt is active in key markets of Bengaluru, Hyderabad, Mumbai, Chennai, Delhi, and Pune, and food-delivery startup Swish, which operates several cloud kitchens in Bengaluru’s HSR Layout and Bellandur areas, is bringing snacks, beverages, and meals in 10 minutes to customers…
• Small, homebred wearables brands exiting market due to narrow margin, Chinese competition
  19 November 2024, retail.economictimes.indiatimes.com
  ​​Several Indian wearable brands, including Play, Wings, Vingajoy, and Riversong, have ceased operations due to declining demand and low profit margins. The once-booming smartwatch market has shrunk, with fewer brands and a drop in shipments, particularly among those selling unbranded products from China. This decline coincides with the resurgence of Chinese brands capitalizing on the market shift…
• Decathlon partners with Myntra to expand reach across India
  19 November 2024, retail.economictimes.indiatimes.com
  ​​Sankar Chatterjee, CEO of Decathlon India said, “Myntra’s wide network presence and huge base of premium customers will enable us to showcase our diverse range of sports and fitness products to millions of shoppers, allowing us to inspire more individuals to embrace an active lifestyle and stay true to our purpose of moving people through the wonders of sports in India.”…
• Branded as tasteful, we can serve it up
  18 November 2024, brandequity.economictimes.indiatimes.com
  ​​India’s diverse culinary heritage needs protection from globalization. The article proposes a system of geographical indication and standardized processes for traditional recipes, similar to France and Japan. This approach empowers local communities, preserves culinary traditions, and boosts tourism by creating a sustainable ecosystem around artisanal food…
• How malls strategize to blend experience, tech & community building – with Rajneesh Mahajan, Inorbit Malls
  18 November 2024, retail.economictimes.indiatimes.com
  ​​In this episode, CEO of Inorbit Malls, Rajneesh Mahajan shares his insights with ETRetail’s Anurag Sharma on how malls are transforming to meet the demands of today’s experience-driven, digitally-savvy consumers. With topics ranging from the rise of “retail-tainment” to the role of technology and data in enhancing customer engagement, this conversation will uncover the strategies Inorbit Malls is implementing to foster community, support new-age D2C brands, and bridge the online and offline shopping worlds…
• Focus must be to move per capita consumption: Colgate India MD
  18 November 2024, retail.economictimes.indiatimes.com
  ​​In India, oral care consumption is very low and even markets such as the Philippines consume 1.8 times and Brazil 3.1 times compared to India. The company said oral health in India is often neglected and consumers don’t take preventive action until it’s too late. More than half the people do not brush daily in Indian villages and just a fifth brush twice a day in the cities. Eight out of 10 people have undiagnosed cavities, with only one out of 10 people going to the dentist…
• Zomato launches District app for movies, events, dining out bookings
  18 November 2024, retail.economictimes.indiatimes.com
  ​​Zomato’s new app, District, for its going-out vertical, includes dining, live events, and ticketing. This follows efforts to expand this business, including acquiring Paytm’s events division. Zomato aims to create ‘super brands’ instead of ‘super apps’…
• India to be in focus for high-street fashion manufacturers: Report
  18 November 2024, retail.economictimes.indiatimes.com
  ​​India is poised to become a major player in the global fashion market, attracting high-street brands seeking growth and manufacturing opportunities. McKinsey & Company reports that India’s expanding middle class, young demographics, and government incentives are driving this surge in the fashion sector…
• Fragrances segment grows at 12% in Jan-Sept, nearly double the expansion in personal care, as demand jumps and cos hike reach: Report
  18 November 2024, retail.economictimes.indiatimes.com
  ​​Despite an overall decline in consumer spending, the fragrance industry in India is experiencing remarkable growth. Driven by increased distribution and a growing interest in personal grooming, sales of fragrances, particularly roll-on deodorants, have surged…
• Online spends through credit cards rose sharply in festive sale season
  18 November 2024, retail.economictimes.indiatimes.com
  ​​Credit card users in India spent more online in September, driven by e-commerce discounts and festive sales. Online card spending reached Rs 1,15,168 crore in September, surpassing in-store spending. E-commerce platforms like Flipkart and Amazon saw significant sales growth, particularly in mobile phones and electronics. ..
• India’s wine industry set to more than double in size by 2028, riding a 20% CAGR, says report
  18 November 2024, thehindubusinessline.com
  ​​The Indian wine industry, currently around ₹1,400 crore or $175 million in size, is one of the fastest-growing alcobev segments, according to a report by Prowess Group. The segment is expected to grow at a compound annual growth rate (CAGR) of 20 per cent to reach ₹3,500 crore or $440 million by 2028…
• Blackstone eyes 20% stake in India Haldiram’s snacks at $8 bln valuation, sources say
  15 November 2024, retail.economictimes.indiatimes.com
  ​​Blackstone has shifted gears in its pursuit of Haldiram’s snacks business, aiming for a 20% stake at a $8 billion valuation after plans for a majority acquisition fell through. Haldiram’s, seeking a $12 billion valuation, has also drawn interest from other potential investors, including Bain Capital, Temasek, and ADIA…
• Gold buying for weddings slows as consumers expect further fall in price
  15 November 2024, retail.economictimes.indiatimes.com
  ​​Indian consumers are holding back on purchasing gold jewelry for the upcoming wedding season, anticipating a further dip in prices. The price of gold has already fallen over 6% since Trump’s election victory, attributed to a strengthening dollar. While jewelers are hesitant to restock, some experts predict another price correction before a potential surge in January or February…
• India festive season sales log 12 pc growth at Rs 1.18 lakh crore, smaller cities lead
  15 November 2024, retail.economictimes.indiatimes.com
  ​​Driven by tier 2 and 3 cities, India’s e-commerce sector registered a gross merchandise value (GMV) of approximately $14 billion (more than Rs 1.18 lakh crore) in this year’s festive season, marking a 12 per cent growth over last year’s festive period, a report said on Wednesday…
• Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says
  15 November 2024, retail.economictimes.indiatimes.com
  ​​Sales of personal luxury goods are projected to decline by 2% this year, marking the industry’s weakest performance since the 2008-09 financial crisis. This downturn, attributed to price increases and economic uncertainty, has particularly impacted China, a key market for luxury brands. The shrinking customer base and shift towards higher price points have prompted concerns about the industry’s recovery timeline…
• SKFS acquires Mirah Hospitality to grow its food services business pan-India
  15 November 2024, retail.economictimes.indiatimes.com
  ​​SKFS Group is expanding its food services business with the acquisition of Mirah Hospitality & Gourmet for ₹80 crore. Mirah Hospitality, known for brands like Rajdhani and Hitchki, will become a subsidiary of SKFS Group and aims to expand pan-India and internationally. This deal reflects a broader trend of consolidation in the Indian food and beverage sector, fueled by growing competition and a burgeoning market projected to reach ₹7 lakh crore. ..
• India’s smartphone market to exit 2024 with single-digit annual growth
  15 November 2024, retail.economictimes.indiatimes.com
  ​​India’s smartphone market is expected to exit 2024 with a low single-digit annual growth, as Apple posted its largest-ever quarterly shipment in India with 4 million units in the third quarter (Q3), according to a new report…
• The evolving relationship Indians have with money
  15 November 2024, brandequity.economictimes.indiatimes.com
  ​​It’s a new era of spending, savoring and surprising twists. Raised with frugal values, Indians always emphasised saving over spending, yet there are examples of planning a luxury vacation in their 70s. This unexpected shift is symbolic of a broader change in India’s relationship with money: where once prudence ruled, we now see growing comfort with spending, adventure, and embracing life’s finer experiences…
• Not buying shoes? Bata India MD Gunjan Shah says inflation has hit lower-price segment customers
  14 November 2024, retail.economictimes.indiatimes.com
  ​​Bata India is adjusting its strategies due to changing consumer spending patterns. The company is introducing more affordable products and partnering with quick commerce platforms like Zepto to cater to budget-conscious consumers while continuing its premiumization efforts and offline expansion plans…
• Quick Commerce captures nearly half of Kirana sales; market projected to hit $40 billion by 2030
  14 November 2024, retail.economictimes.indiatimes.com
  ​​India’s quick commerce market is booming and is set to reach USD 40 billion by 2030. This surge is driven by consumer demand for fast deliveries, with 46% of consumers reducing their reliance on traditional Kirana shops. Quick commerce platforms are projected to capture 21% of total Kirana sales by 2024…
• A winter wish to warm up buyers
  14 November 2024, retail.economictimes.indiatimes.com
  ​​Indian retailers are preparing for the upcoming winter shopping season despite a slowdown in consumer spending. They are ensuring ample inventory to avoid missing sales opportunities. While demand for winter wear has been unpredictable in recent years, retailers remain optimistic about sales. They are hoping for a strong winter to boost sales of seasonal products…
• After e-commerce, it’s time for gCommerce: Nazara, ONDC launch new in-game shopping platform
  14 November 2024, retail.economictimes.indiatimes.com
  ​​Nazara Technologies and ONDC partnered to launch gCommerce. The platform will integrate e-commerce within games. It will provide Indian game developers with new revenue options. gCommerce will connect players to sellers on the ONDC network. Players can shop without leaving the game. The platform will roll out for developers by Q1, FY26…
• Amazon launches an online discount storefront to better compete with Shein and Temu
  14 November 2024, retail.economictimes.indiatimes.com
  ​​In a blog post on Wednesday, the company said the new Amazon Haul storefront will mostly feature products that cost less than $10 and offer free delivery on orders over $25…
• Wrangler launches six new stores, aims 60 new outlets by 2025
  14 November 2024, retail.economictimes.indiatimes.com
  ​​Wrangler has expanded its retail footprint in India with the inauguration of six new stores. Located in Ujjain, Goa, Indore, Bilaspur, Katihar, and Bareilly, these additions bring Wrangler’s total store count to 58 across India…
• India Glycols partners Amrut Distilleries, plans to demerge spirits biz
  14 November 2024, retail.economictimes.indiatimes.com
  ​​As part of its strategy to enter the premium whisky market — that is witnessing the fastest growth in the alchoBev segment — IGL will distribute and sell select Amrut brands in the premium segment across markets in north India…
• Elista targets Rs 1,500 crore revenue by 2026
  14 November 2024, retail.economictimes.indiatimes.com
  ​​Indian consumer electronics brand Elista plans to expand globally. The company aims to generate Rs 1,500 crore in revenue by 2026. Elista will expand its presence in over 35 countries in the next two years. The brand recently entered the Tanzanian market…
• Fake clicks, real problems: Addressing the bot-click apocalypse
  14 November 2024, brandequity.economictimes.indiatimes.com
  ​​Email marketers face a new challenge: bot clicks. These automated clicks can inflate metrics and hurt campaigns. Marketers are learning to analyze click timing and segment their audience to combat this. Email verification tools are also becoming increasingly important. Despite these challenges, marketers are adapting to ensure accurate reporting and effective campaigns…
• Housing costs keep consumers away from biscuits: Britannia’s Varun Berry
  14 November 2024, brandequity.economictimes.indiatimes.com
  ​​Britannia Industries reported a 10% drop in profit for the quarter ended September as surging housing costs and low income growth in urban areas led to a slowdown in demand for fast-moving consumer goods. While rural demand has been stable, urban demand has seen a significant downturn, mirroring global trends of consumer confidence returning but wages lagging behind inflation…
• FSSAI sets this 45-day expiry condition for e-commerce companies
  14 November 2024, brandequity.economictimes.indiatimes.com
  ​​India’s food safety authority, FSSAI, has set new guidelines for online food platforms like Swiggy, Zomato, and BigBasket. The platforms must ensure delivered food products have at least 30% of their shelf life remaining or 45 days before expiry. This initiative aims to prevent the delivery of expired food and promote safe food handling…
• Reliance Retail shutting down Centro outlets temporarily
  14 November 2024, brandequity.economictimes.indiatimes.com
  ​​Reliance Retail is temporarily closing its Centro stores across India to revamp the format. The company plans to prioritize its own brands, like Azorte and Yousta, potentially phasing out some of the 450 local and global brands currently sold…
• Reliance Retail shutting down Centro outlets temporarily
  13 November 2024, retail.economictimes.indiatimes.com
  ​​Reliance Retail is temporarily closing its Centro stores across India to revamp the format. The company plans to prioritize its own brands, like Azorte and Yousta, potentially phasing out some of the 450 local and global brands currently sold…
• FSSAI steps up scrutiny on quick commerce companies over product shelf life
  13 November 2024, retail.economictimes.indiatimes.com
  ​​India’s food safety regulator directed e-commerce and quick commerce companies to follow shelf life guidelines for packaged food deliveries. The regulator emphasized a minimum remaining shelf life of 30% or 45 days upon delivery. This action follows complaints about companies not disclosing expiry dates. The regulator stressed the importance of clear expiry dates and adherence to labeling regulations…
• Bhutani Group acquires Logix City Center in Noida
  13 November 2024, retail.economictimes.indiatimes.com
  ​​Bhutani Group acquired Logix City Center for nearly Rs 1,000 crore. The deal includes 1.2 million sq ft of retail, office and hospitality space. Bhutani Group also secured land with potential for a 600,000 sq ft residential project. The company recently won a bid to develop Film City near Noida’s upcoming airport…
• Colgate will be a preferred choice in the market amid rising snacking culture, says CFO Jacob
  13 November 2024, retail.economictimes.indiatimes.com
  ​​Colgate-Palmolive India is experiencing growth in the expanding oral care market. The company reported a 10% rise in revenue. However, it recognizes market difficulties like fluctuating demand and rising costs. Colgate remains dedicated to improving oral health awareness in India. It aims to achieve this through education and product innovation. The company is focused on sustainability and social responsibility initiatives…
• Government mulls 5% cut in electronics imports to boost domestic production from FY25: sources
  13 November 2024, retail.economictimes.indiatimes.com
  ​​Although stakeholder discussions are still going on, the 5% cut of the total import quota will be implemented from April 1 of the upcoming fiscal. This cut is based on the data provided by the Directorate General of Commercial Intelligence and Statistics…
• Rajasthan government plans to develop hi-tech city near Jaipur
  13 November 2024, realty.economictimes.indiatimes.com
  ​​Recently, Boston Consulting Group – a multinational consulting firm – gave a presentation on the concept of hi-tech cities, follwing which the state govt has started looking for suitable land on outskirts of Jaipur…
• Nestle’s KitKat signs Formula 1 deal for broader appeal
  13 November 2024, brandequity.economictimes.indiatimes.com
  ​​”(The deal is) a key part of our strategy to move from what’s a very local model today, very fragmented,” said Chris O’Donnell, KitKat’s global category leader, declining to disclose the monetary value of the deal. KitKat’s global marketing budget has risen nearly 20% so far this year, and the brand is valued at over 2 billion Swiss francs ($2.29 billion) worldwide, O’Donnell said…
• Trump effect: iPhone’s India output may double to $30 billion annually
  11 November 2024, retail.economictimes.indiatimes.com
  ​​Apple could double its iPhone production in India to over $30 billion annually if the US imposes tariffs on Chinese imports. This shift could create 200,000 jobs and increase India’s share in iPhone production to over 26%. However, the move depends on US policy and India’s ability to address cost and policy challenges…
• Mukesh Ambani’s big move: Reliance enters snack market to challenge Haldiram & Britannia
  11 November 2024, brandequity.economictimes.indiatimes .com
  ​​Reliance Industries chairman Mukesh Ambani is planning big about the snacks business expansion. The company’s plan to enter into the consumer markets, especially snacks has triggered a competition…
• Why brand authenticity matters for brands
  11 November 2024, brandequity.economictimes.indiatimes.com
  ​​Expectations from a brand and the consequent brand evaluations are predominantly the result of brand positioning and subsequent brand proposition claims. While several perspectives are associated with Brand Authenticity, this is an attempt to provide illustrative examples of brand authenticity drawn from three different domains- namely functional, symbolic and experiential, as these form a fundamental platform on which brands make brand promises or claims that may drive brand authenticity…
• Retail space leasing in malls, main high streets falls 1% to 1.63 million sq ft during Jul-Sep 2024: Report
  08 November 2024, realty.economictimes.indiatimes.com
  ​​Real estate consultant Cushman & Wakefield on Thursday released its Q3-2024 ‘Retail Market Beat’ report, which highlighted a sustained momentum across India’s main streets, leading retail growth across the top 8 cities…
• Blackstone to acquire Retail Opportunity Investments Corp in $4 billion deal
  08 November 2024, realty.economictimes.indiatimes.com
  ​​Owners of strip malls, pharmacy chains and retail stores have managed to pass on increased costs from high inflation to consumers over the past year, benefiting landlords like ROIC…
• Brigade Group to jointly develop one million sq ft residential project in Chennai
  08 November 2024, realty.economictimes.indiatimes.com
  ​​The project, located in West Chennai will be developed as part of a 1.5 million sq ft mixed-use development and will have a gross development value (GDV) of about Rs 800 crore…
• ED searches sellers using Amazon, Flipkart platforms in FEMA probe
  08 November 2024, retail.economictimes.indiatimes.com
  ​​The action is related to the financial transactions being done by some of the “preferred” vendors and sellers who do business through Amazon and Flipkart like e-commerce platforms…
• Rural consumption grows double than urban market in Sep qtr: NielsenIQ
  08 November 2024, retail.economictimes.indiatimes.com
  ​​India’s fast-moving consumer goods market experienced growth in the third quarter. Rural areas drove this growth, surpassing urban areas in consumption. Small and medium FMCG companies rebounded, exceeding the growth of larger companies. The food segment played a significant role in this recovery. Volume growth showed improvement, particularly in essential food categories…
• Geopolitical turmoil weighs on McD’s sales in West, South India
  07 November 2024, retail.economictimes.indiatimes.com
  ​​McDonald’s sales in West and South India have been hit by geopolitical turmoil, with some stores seeing sales halved due to anti-American sentiment following the Israel-Gaza war. The company hopes to see improvement in the second half of the year as it believes the negative cycle is behind them…
• Premium choice! Delhi Govt to open more shops in malls for you to buy preferred brand of liquor
  07 November 2024, retail.economictimes.indiatimes.com
  ​​To enhance the liquor buying experience, the Delhi government is opening premium liquor stores in malls. These shops will offer a wider selection of upmarket Indian and foreign brands, replicating the successful model from the 2021-22 excise policy…
• India to see uptick in imported inflation
  07 November 2024, financialexpress.com
  ​​Besides pharmaceuticals, other export-oriented sectors, such as textiles, may face challenges due to potential increases in tariffs and a more protectionist stance from the Trump administration…
• IHCL acquires majority stake in Ambuja Neotia Group’s Rajscape Hotels
  06 November 2024, realty.economictimes.indiatimes.com
  ​​ IHCL in an exchange filing stated that its board has approved the execution of an agreement to acquire about 55 per cent equity shares “for an amount not exceeding Rs 18 crore in Rajscape Hotels Private Limited”…
• More pain in store as FMCG prices inch up
  06 November 2024, retail.economictimes.indiatimes.com
  ​​While price increases will translate into value growth for FMCG players, volume growth will be a challenge. In fact, companies are feeling the pinch on the ground. While urban India is curtailing consumption due to high food inflation, rural spending is not compensating enough for the urban slowdown…
• With rising luxury spending abroad, luxury brands go extra mile to tap Indian travellers
  06 November 2024, retail.economictimes.indiatimes.com
  ​​Indian travelers are increasingly splurging on luxury goods while abroad, with spending in this category skyrocketing by 250% in recent years. Travel companies and luxury brands are responding by incorporating premium shopping experiences into their itineraries and offering exclusive perks to attract Indian shoppers…
• DeVANS plans to expand its liquor portfolio extensively by introducing gin, RTD and vodka
  06 November 2024, retail.economictimes.indiatimes.com
  ​​When asked about investments, Prem Dewan, CMD of DeVANS candidly said, “Investment is a continuous process for us towards expansion and product improvement. However, going public in another 4-5 years could be an option.”..
• Greenwashing rules push startups to reevaluate marketing and packaging strategies
  06 November 2024, brandequity.economictimes.indiatimes.com
  ​​The Central Consumer Protection Authority (CCPA) on October 15 introduced guidelines that restricted the use of such terms in advertisements unless backed by scientific evidence or third-party certification, aiming to promote transparency. Greenwashing, according to the government, is a tactic used by some companies to exaggerate or fabricate environmental claims. Firms often use vague terms such as ‘natural’, ‘sustainable’ or ‘eco-friendly’ without proof, misleading consumers and undermining real sustainability efforts…
• Many retailers offer ‘returnless refunds.’ Just don’t expect them to talk much about it
  06 November 2024, brandequity.economictimes.indiatimes.com
  ​​Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products. Companies such as Amazon, Walmart and Target have decided some items are not worth the cost or hassle of getting back. Think a $20 T-shirt that might cost $30 in shipping and handling to recover. ..
• Banner ad turns 30: How a simple rectangular ad transformed the marketing landscape
  06 November 2024, exchange4media.com
  ​​ Banner ad’s journey serves as a reminder of how far digital advertising has come – from simple clickable rectangles to sophisticated, data-driven campaigns that prioritize personalization & engagement…
• Blackstone in talks to acquire Retail Opportunity Investments Corp in $3.4 billion deal
  05 November 2024, realty.economictimes.indiatimes.com
  ​​Blackstone is likely to prevail in the auction for ROIC that has also attracted interest from other private equity firms, including Bain Capital, the sources said…
• FSSAI sets stricter rule for antibiotics in food items
  05 November 2024, brandequity.economictimes.indiatimes.com
  ​​India’s food safety regulator, FSSAI, has revised antibiotic residue norms for meat, milk, poultry, eggs, and aquaculture to combat growing antimicrobial resistance. Effective from April 2025, the new limits aim to ensure safer food products by setting stricter contaminant limits, amid rising concerns over antibiotic misuse in agriculture and healthcare…
• Maruti Suzuki looks to cash in on ‘few lakh marriages’ in November to carry festive sales momentum
  05 November 2024, brandequity.economictimes.indiatimes.com
  ​​Maruti Suzuki India achieved record retail sales of 2,02,402 units in October, driven by festive demand. The company is optimistic about sustaining this growth momentum in November, aided by a high number of marriages anticipated across the country. They project 4-5% growth for the ongoing fiscal year and have successfully managed inventory levels…
• A TV as big as a bed? With the holidays approaching, stores stock more supersize sets
  05 November 2024, brandequity.economictimes.indiatimes.com
  ​​The 38.1 million televisions sold with a width of at least 97 inches between January and September represented a tenfold increase from the same period last year, Circana said. Best Buy, the nation’s largest consumer electronics chain, doubled the assortment of hefty TVs – the 19 models range in price from $2,000 to $25,000 – and introduced displays in roughly 70% of its stores…
• Festive sales end with a bang, after Rs 1 lakh crore of clicks
  05 November 2024, brandequity.economictimes.indiatimes.com
  ​​Consumer demand for top luxury brands was a highlight of this season. “Demand for premium large appliances grew by 30% over last year, while the fashion and beauty premium portfolio saw an over 400% spike vs business-as-usual (BAU) in categories like watches, fragrance, K-beauty, jewellery, handbags, sportswear, luggage, and kids-wear,” Amazon said in a statement…
• Indians go premium to do the laundry
  05 November 2024, brandequity.economictimes.indiatimes.com
  ​​Premium detergents now reach 75% of Indian households, driven by liquid variants. Despite the pandemic-induced stagnation in overall sales, premium detergents have grown, with liquid formats seeing double-digit penetration. Brands like HUL’s Surf Excel and Godrej’s Ezee lead this segment, foreseeing further growth…
• After Diwali and festivities, traders’ focus shifts to wedding season
  04 November 2024, retail.economictimes.indiatimes.com
  ​​Following a successful Diwali season, Indian traders are gearing up for substantial business during the upcoming wedding season starting on November 12, with 48 lakh weddings expected to generate about Rs 6 lakh crore in business. Consumer preference is shifting towards Indian products, reflecting the ‘Vocal for Local’ initiative…
• Festive Sales End with a Bang, After ₹1 Lakh Cr of Clicks
  04 November 2024, economictimes.indiatimes.com
  ​​Ecommerce platforms recorded total sales of nearly ₹1 lakh crore (about $11.9 billion) during the month-long festive season that ended last week, expanding by well over a fifth from the previous year, industry data revealed…
• NARS Cosmetics eyes top 3 spot in India’s luxury beauty market, plans to double retail presence
  04 November 2024, retail.economictimes.indiatimes.com
  ​​Highlighting the brand’s expansion trajectory in terms of physical retail presence, Sanjay Sharma, Country Head of Shiseido India said that since launching with 15 touchpoints last year, NARS has already doubled its reach to 30 points in India and plans to double again in the next two years…
• How Diwali UGC campaigns brought brands closer to consumers
  04 November 2024, exchange4media.com
  ​​User-generated content (UGC) has long served as relatable advertising. Yet, as brands doubled down on it this Diwali season, they showcased the potential for authentic engagement…
• Q-commerce sees consumers order gold, silver coins
  02 November 2024, brandequity.economictimes.indiatimes.com
  ​​BigBasket partnered with Tanishq for the sale of gold and silver coins. Swiggy Instamart partnered with brands like Malabar Gold and Diamonds, Muthoot Exim and Jar and Blinkit partnered with Malabar, Joyalukkas and MMTC to provide certified coins…
• AO Smith completes acquisition of Pureit Business from HUL
  01 November 2024, retail.economictimes.indiatimes.com
  ​​A. O. Smith Corporation has completed its acquisition of HUL’s water purification business Pureit. This move aligns with A. O. Smith’s strategy to expand its water treatment product portfolio and distribution. Pureit’s water purification solutions are available in various countries including India, Bangladesh, Sri Lanka, Vietnam, and Mexico…
• Aditya Birla Asset Reconstruction Company to wind down India operations
  01 November 2024, realty.economictimes.indiatimes.com
  ​​The move follows recent exits by Arcion Revitalization – a JV between Apollo Global and ICICI Bank – and Lone Star India, underscoring the increasing challenges in India’s ARC sector as non-performing loans (NPLs) hit a 12-year low…
• Retailers, brands say festive sales are higher, but flag weak sentiment
  01 November 2024, retail.economictimes.indiatimes.com
  ​​This Diwali, luxury sales have been mixed for retailers and brands, with some experiencing double-digit growth and others seeing weaker performance. While watches and certain accessory categories performed well, overall sentiment was subdued. Gifting trends have driven demand, especially in segments like beauty, fragrances, home, jewellery, and watches…
• ETRetailCafe: Snitch’s Siddharth Dungarwal on revolutionising apparel retail in India
  29 October 2024, retail.economictimes.indiatimes.com
  ​​Siddharth Dungarwal, founder, Snitch shares how he introduced the apparel brand Snitch, changes the way retail is done in India, and how he is succeeding in both online and offline categories…
• Marico-owned Just Herbs eyes rapid expansion, enhances Indian market presence
  29 October 2024, retail.economictimes.indiatimes.com
  ​​Marico Limited finalized its acquisition of Just Herbs in September 2024, securing the remaining 40% equity in Apcos Naturals Private Limited, which owns the Just Herbs brand. With this acquisition, Just Herb’s expansion momentum is poised to accelerate…
• Merlin Group looks to double its revenue over the next 7-8 years
  29 October 2024, realty.economictimes.indiatimes.com
  ​​”We have been growing steadily year on year for the past 40 years. The group is currently developing 40 million square feet that is projected to yield a total sales of Rs 20,000 crore in the coming 7-8 years,” Merlin Group managing director Saket Mohta said…
• Retention marketing: The art of driving growth and balanced engagement
  29 October 2024, brandequity.economictimes.indiatimes.com
  ​​Notifications aren’t just for laughs; they’re part of a larger, more sophisticated retention marketing plan. Retention marketing aims to retain customers by driving repeat purchases and cultivating long-term connections. While client acquisition is frequently discussed in digital marketing, the retention part is something that drives long-term growth. Industry trends highlight how acquiring a new client is five to twenty-five times more expensive than retaining an existing one…
• Online-like prices, gifts, retailers find ways to beat e-com firms
  28 October 2024, retail.economictimes.indiatimes.com
  Electronics stores in Lucknow are launching promotional offers to attract festive shoppers. These include gifts, lucky draws, and EMI options. Store owners expect increased customer visits from Dhanteras to Diwali. Despite low pre-bookings, they anticipate a 20-30% rise in sales. Online offers are still a challenge to match…
• YouTube partners Flipkart, Myntra to launch Shopping Affiliate programme
  28 October 2024, retail.economictimes.indiatimes.com
  The YouTube Shopping affiliate programme adds to existing monetisation options like ad revenue, YouTube premium, channel memberships and fan-driven features to help creators earn revenue. YouTube’s creator economy has generated Rs 16,000 crore of economic activity and created 7,50,000 jobs in India, chief executive Neal Mohan said in an interview with ET…
• India’s green fashion lovers switch to secondhand
  28 October 2024, retail.economictimes.indiatimes.com
  India’s enormous garment sector churns out billions of dollars’ worth of new clothes each year, but some local fashion lovers are switching to secondhand to assuage worries about the industry’s environmental impact. India is the world’s fifth biggest garment exporter, with the trade worth $15 billion in 2023, according to the World Trade Organization…
• United Breweries cheers to new beginnings; to debut premium Dutch beer Amstel in India
  28 October 2024, retail.economictimes.indiatimes.com
  United Breweries will introduce Amstel Grande, a Dutch premium beer, in India. This announcement comes as demand for premium beers rises by 27% in the second quarter of FY2025. Heineken NV, the promoter of United Breweries, also reported growth in its premium beer volumes, driven by Kingfisher Ultra and Heineken…
• Tatas to enter red-hot quick commerce space with ‘Neu Flash’
  28 October 2024, retail.economictimes.indiatimes.com
  Joining Flipkart and Reliance Industries, salt-to-software conglomerate Tata Group is set to enter the ever-growing quick commerce sector as customer demand rages in metros. People in the know said Tata’s ecommerce venture Neu will enter the fast delivery segment branded as Neu Flash. It will be rolled out to select users offering grocery, electronics and fashion…
• Arvind Fashions targets Rs 1,000 cr revenue for Flying Machine with Gen Z focus and influencer Orry collaboration
  28 October 2024, retail.economictimes.indiatimes.com
  Arvind Fashions, led by MD and CEO Shailesh Chaturvedi, targets doubling Flying Machine’s revenue from Rs 500 crore to Rs 1,000 crore as it is focusing on Gen Z and Millennials, collaborating with internet personality Orry. Further, the brand plans to double its store count and increase online presence, anticipating digital sales to grow from 25 per cent to nearly 30 per cent of total revenue by targeting both urban centers and small towns…
• Amazon India strengthens workforce to meet festive demand; focus on tier 2, 3 regions
  28 October 2024, retail.economictimes.indiatimes.com
  ​​For this festive season, Amazon India has ramped up its logistics network, to ensure faster deliveries on over 4 million products, with no-cost same-day options for Prime members. The company has onboarded 1.10 lakh new associates, including 1,900 persons with disabilities, to meet increased demand…
• Mass goods lie low, premium party on a high
  28 October 2024, retail.economictimes.indiatimes.com
  Global corporations like Unilever and Coca-Cola report a temporary dip in sales of daily essentials in India. Despite this, there is strong demand for premium and discretionary products. Companies are optimistic about future growth, especially with India’s increasing income levels and urbanisation driving demand for higher-end goods…
• Smartphone sales sizzle ahead of Diwali
  28 October 2024, retail.economictimes.indiatimes.com
  Smartphone sales have seen a significant upturn ahead of Diwali, aided by heavy discounts, higher retailer margins, and increased production. Major metros like Delhi and Mumbai have experienced a 30% rise in footfalls. Premium smartphones and budget 5G models are in high demand, driving optimism among retailers…
• Festive sales: Buoyed by online sales & premiumisation, appliance makers expect up to 30% growth
  28 October 2024, retail.economictimes.indiatimes.com
  This festive season, premiumisation is the flavour, where consumers are willing to pay extra for features such as energy efficiency, higher capacity and larger size and even showing interest in the high-end AI & IOT Technology-driven products, industry leaders said…
• Inbrew Beverages, TPG Capital in race to buy Imperial Blue, India’s third-largest whisky brand
  28 October 2024, retail.economictimes.indiatimes.com
  Ravi S Deol’s Inbrew Beverages and TPG Capital are bidding to acquire Imperial Blue whisky from Pernod Ricard. Due diligence will begin soon, with final bids to follow. Imperial Blue, launched in India in 1997, is the country’s third-largest whisky brand. The sale involves high valuation and the inclusion of assets and Scotch supply guarantees…
• Brand makeover: repositioning in a dynamic environment
  28 October 2024, brandequity.economictimes.indiatimes.com
  Brand Repositioning is a broad- based concept. Even an introduction of a brand variant in the same category, (for instance Ethnix from Raymond’s) or a variant in a related category (Dove hair oil and face wash in cosmetics), is likely to have an impact on the original associations developed for the respective brand. The consumer’s sub-conscious mind also plays an important role in their perception of brand associations. ..
• KFC, Pizza Hut remove onions from menu post McDonald’s E Coli scare
  28 October 2024, brandequity.economictimes.indiatimes.com
  Fast-food giants KFC and Pizza Hut have opted to remove onions from their menus as a precaution after an E. coli outbreak associated with McDonald’s resulted in 49 reported cases. The outbreak, traced back to onions from Taylor Farms, led to recalls and heightened caution within the industry. According to report in Newsweek, at least 10 people were hospitalised and one person in Colorado has died following E coli (Escherichia coli) infections linked to McDonald’s Quarter Pounder hamburgers…
• Siyaram’s invests Rs 40 crore to introduce next-gen value retail brand Zecode to capture the rising demand
  25 October 2024, retail.economictimes.indiatimes.com
  By this fiscal end, the brand plans to open 25 stores of Zecode in and around Karnataka. It will be opening its stores in two different formats – one ranging between 4,000 – 6,000 sq.ft and the other ranging from 7,000 – 9,000 sq.ft…
• Adani Wilmar readies new plan for premium outlets, targets more AI use in sales ops
  25 October 2024, retail.economictimes.indiatimes.com
  Adani Wilmar reported a consolidated Q2 profit of Rs 311 crore, bouncing back from a loss last year. It is focusing on boosting sales productivity, expanding its rural distribution network to reach 50,000 towns by FY’25, and leveraging technology for targeted selling. The e-commerce channel showed rapid growth with revenue significant increases…
• Apple plans to hire 400 people for new retail stores in Bengaluru, Pune, Delhi-NCR and Mumbai
  25 October 2024, moneycontrol.com
  PepsiCo and Coca-Cola are exploring launching soft drinks that are 15-20% cheaper than their mainstream brands to sell mainly in regional markets and counter increasing threat from Reliance Consumer Products’ Campa, beverage industry executives aware of the matter said…
• McCain Foods turns on the jugalbandi in Diwali campaign
  25 October 2024, brandequity.economictimes.indiatimes.com
  McCain foods India launches ‘McCain Banega Diwali Ka Maza Badhega’ campaign to foster unity among families. The campaign uses snacks to bring different generations together during Diwali. Activities include a digital video, social media content, and influencer collaborations. McCain aims to create unity and joy in family gatherings through engaging and fun initiatives…
• Pepsi & Coca-Cola exploring launching budget-friendly drinks as Reliance’s Campa gains ground in regional markets
  24 October 2024, economictimes.indiatimes.com
  PepsiCo and Coca-Cola are exploring launching soft drinks that are 15-20% cheaper than their mainstream brands to sell mainly in regional markets and counter increasing threat from Reliance Consumer Products’ Campa, beverage industry executives aware of the matter said…
• Clothing brands see upbeat consumer sentiment this Diwali; expect strong demand momentum during wedding season
  24 October 2024, retail.economictimes.indiatimes.com
  Lifestyle and clothing brands in India are seeing strong consumer demand as the festive season progresses. Brands like Raymond Lifestyle, Blackberrys, Libas are optimistic about sales growth, especially in festive and wedding attire categories. Retailers are preparing for the significant revenue opportunity from the upcoming wedding season. Brands are expanding store counts and launching new styles to meet growing demand…
• Zydus Wellness enters into packaged foods segment
  24 October 2024, retail.economictimes.indiatimes.com
  Consumer wellness company Zydus Wellness has ventured into packaged foods segment with Sugar Free D’lite cookies and collaborated with Bollywood actor Shahid Kapoor to promote its range…
• Telangana government to develop ‘future city’ inspired by Incheon free economic zone
  24 October 2024, realty.economictimes.indiatimes.com
  Launched in 2003, the IFEZ was designed to decongest Seoul and help increase economic activity and job creation through the establishment of industries and other facilities…
• Ayushmann Khurrana and Nexus Select Malls team up for Diwali ad
  24 October 2024, brandequity.economictimes.indiatimes.com
  Nexus Select Malls launches ‘Asli Happyness Wali Diwali’ campaign featuring Ayushmann Khurrana. It highlights enjoyable shopping and dining experiences during Diwali. The campaign portrays festive moments and aims to connect with customers, making the malls a preferred destination for family celebrations. The ads capture the joy of festive meals and the excitement of selecting Diwali outfits…
• Hindustan Unilever board decides to separate ice cream business
  24 October 2024, brandequity.economictimes.indiatimes.com
  Hindustan Unilever Limited (HUL) plans to separate its ice cream business after a detailed evaluation by Independent Directors. The ice cream segment, contributing three per cent to HUL’s turnover, needs significant investment and operates under a unique model, prompting this strategic move to enhance core business focus and shareholder value…
• Indian apparel firm Raymond Lifestyle to hire 9,000 workers for hundreds of new stores
  23 October 2024, retail.economictimes.indiatimes.com
  Raymond’s shares surged 9% as it plans to hire around 9,000 workers for 900 new stores over the next three years. The company aims to simplify its group structure and attract investors by spinning off its lifestyle business. Raymond is also receiving increased inquiries from global clients shifting their production to India…
• Triveni Engineering enters IMFL business; launches whiskey brands in UP
  23 October 2024, retail.economictimes.indiatimes.com
  Triveni Engineering & Industries Ltd. has launched premium and super premium whisky brands in Uttar Pradesh. Named ‘Matsya Triple Reserve Blended Whisky’ and ‘The Crafters Stamp Rare Artisan Blended Whisky,’ they have production capacities of 1,35,000 liters and 4,20,000 liters annually. The rollout is set to complete by FY’26, covering over 5000 retail outlets…
• Hindustan Unilever leases nearly 6 lakh sq ft warehouse in Bhiwandi near Mumbai
  23 October 2024, retail.economictimes.indiatimes.com
  Hindustan Unilever Ltd (HUL) has leased a 6 lakh sq ft warehousing facility in Bhiwandi, near Mumbai, setting a notable trend in logistics. The seven-year lease includes annual 5% rent escalation, totaling over Rs 150 crore, enhancing HUL’s supply chain efficiency in the Mumbai Metropolitan Region…
• Kirana stores hit hard as quick commerce surges, distributors struggle to recover dues : Report
  23 October 2024, retail.economictimes.indiatimes.com
  Traditional Kirana stores in India face challenges due to the rise of quick commerce platforms. High inventory levels and delayed payments to distributors are major issues. Quick commerce is increasingly taking over impulse purchases, threatening the livelihoods of millions of small business owners. Potential protests by these stores could impact the quick commerce segment’s growth…
• DMart will be a test case amid India’s raging retail wars
  22 October 2024, retail.economictimes.indiatimes.com
  India’s retail landscape is shifting as the rise of quick commerce and online platforms challenges traditional and modern trade, impacting giants like DMart. Despite improved earnings, DMart focuses on physical stores and value retailing over convenience, navigating a changing market with growing online competition…
• Govt in talks to sell Bharat Brand items via Reliance Retail
  22 October 2024, retail.economictimes.indiatimes.com
  While there have previously been short-term arrangements with ecommerce firms including Reliance’s JioMart, Amazon and BigBasket to push Bharat brand products for price stabilisation, mostly during elections, this is the first time that the government is looking at a long-term arrangement with a private retailer to sell food products from its buffer stock at subsidised prices…
• China’s Haier seeks Indian partner to navigate bureaucratic challenges, offers up to 49% stake
  22 October 2024, retail.economictimes.indiatimes.com
  Haier is seeking an Indian partner to sidestep regulatory hurdles, possibly diluting up to 49%. With Citi’s guidance, the third-largest appliance firm in India aims for joint control and local management, setting the stage for a future local listing…
• V2 Retail eyes to become a national player; invest Rs 120 crore to expand offline presence
  22 October 2024, retail.economictimes.indiatimes.com
  The brand has been witnessing a 30 per cent same-store sales growth and this fiscal, during the first six months, it has already clocked 36 per cent same-store sales growth…
• Reliance Retail expands AZORTE with 12 new stores in India
  22 October 2024, retail.economictimes.indiatimes.com
  Reliance Retail’s AZORTE has expanded its offline presence by opening 12 new stores in cities like Jaipur, Udaipur, and Bangalore, highlighting its commitment to reaching new markets and customers…
• Festive demand boosts sale of namkeens, millet snacks
  22 October 2024, retail.economictimes.indiatimes.com
  To meet the heightened festive demand, namkeen manufacturing units have employed contractual workers. According to an industry estimate, approximately 10-15 percent of additional workforce in the form of contractual workers is engaged in the namkeen sector during the festive period. The demand and production of namkeen and sweets experience a surge every year during the festival period…
• Refurbished smartphones buck falling sales trend this festival
  22 October 2024, retail.economictimes.indiatimes.com
  Refurbished smartphone sales are growing significantly due to increased demand for affordable premium devices, particularly 5G handsets in smaller towns. IDC India forecasts an 8% annual growth through 2028, driven by consumers seeking quality devices for remote learning and work, with second-hand iPhone prices notably rising…
• Lulu Retail kicks off one of UAE’s biggest IPOs this year
  22 October 2024, retail.economictimes.indiatimes.com
  Lulu Retail Holdings has started an initial public offering, anticipated to be the largest in the UAE this year. It is offering over 2.582 billion shares during a time of increased retail spending. The IPO runs from Oct. 28 to Nov. 5, with shares set to trade on the Abu Dhabi Securities Exchange on Nov. 14…
• Institutional investment in real estate up 31% to $4.61 billion in Jan-Sept 2024: Report
  22 October 2024, realty.economictimes.indiatimes.com
  Real estate consultant Vestian on Monday released its report on ‘Investment in Indian Real Estate’, observing that funds’ inflow from institutional investors in the first nine months of 2024 has already surpassed the total for 2023…
• Nearly 75 per cent of SEC B/C prefer in-store shopping
  21 October 2024, brandequity.economictimes.indiatimes.com
  The study stated that the category of students were seen to prefer a combo of online + in store (44%) and in store (44%) modes in equanimity. Though in store mode of shopping was seen to be more pronounced either among citizens of low education (65%) or in certain geographies. For instance, the east zone (65%) and the north zone (63%) prominently preferred in-store shopping…
• Reliance’s not-so-secret weapon makes Tata sound alarm as new disruption hits
  21 October 2024, retail.economictimes.indiatimes.com
  Mukesh Ambani’s Campa Cola: Reliance Industries’s FMCG arm is reshaping the Indian beverages market by reviving Campa Cola, offering lower prices and higher retailer margins. This has forced Coca-Cola, PepsiCo, and Tata Consumer Products to rethink their strategies as they face stiff competition in both urban and rural areas…
• GoM proposes to raise GST on luxury shoes, watches, aims revenue boost by Rs 22,000 cr
  21 October 2024, retail.economictimes.indiatimes.com
  In a significant development, the Group of Ministers (GoM) on Saturday agreed upon some Goods and Services Tax (GST) rate revisions that are likely to bring in an additional Rs 22,000 crore revenue…
• Homecare solutions company BISSELL re-enters India market; sees immense potential for growth
  21 October 2024, retail.economictimes.indiatimes.com
  Next year, it plans to enter the offline space by partnering with LFR players like Croma, Reliance Digital, and Vijay Sales…
• Lenexis Foodworks on an expansion spree, targets 100 new stores by March 2025
  21 October 2024, thehindubusinessline.com
  With this, the brand expects to generate a topline of ₹650 crore by March 2025, and a sales run rate of ₹1000 crore by FY26, indicating strong anticipated growth…
• Prestige Estates to invest Rs 7,000 crore to develop township in Ghaziabad
  21 October 2024, realty.economictimes.indiatimes.com
  Prestige Estates has also forayed into Delhi-NCR housing market by acquiring three land parcels in Delhi, Noida and Siddharth Vihar, Ghaziabad…
• Nexus Select Trust to acquire Vega City Mall in Bengaluru for Rs 877 crore
  21 October 2024, realty.economictimes.indiatimes.com
  According to the latest regulatory filing, the Board of Directors of Nexus Select Mall Management Pvt Ltd — the manager to Nexus Select Trust — has approved the acquisition of Vega City Mall in Bengaluru…
• FPCE urges government for real estate guidelines under consumer protection act
  21 October 2024, realty.economictimes.indiatimes.com
  The association pointed out that the consumer forums constituted under Consumer Protection Act 2019 comprises about 10 per cent of their complaints from the consumers of real estate sector…
• Tamil Nadu CM will open mini-IT park in Tuticorin soon: Industries minister
  21 October 2024, realty.economictimes.indiatimes.com
  The park was established at a cost of 30 crore. Spread across 4.16 acres, the multi-storey mini-IT park is set to offer 50,937sqft of leasable state-of-the-art workspace, equipped with amenities like air conditioning and an integrated building management system (IBMS)…
• How Saree brands get their names from Rasgulla to Baramulla!
  21 October 2024, brandequity.economictimes.indiatimes.com
  From naming brands based on current affairs, to being ready to shell money for brand names, Surat’s saree and textile traders are a breed apart. In an effort to capture the attention of Gen X, one trader launched a brand with an unusual name, “Oxford,” which has now been in the market for 21 years and has frequently made headlines…
• Amazon India eyes mega sales boost for two-wheelers
  21 October 2024, brandequity.economictimes.indiatimes.com
  Amazon India is expecting a 250 per cent year-on-year sales growth in the two-wheeler category. Amazon India started selling electric scooters from last year while it introduced petrol-fuelled two-wheelers three months ago. The company now expects to introduce the “entire range” of petrol-powered two-wheelers in the next one or two quarters. Currently, two-wheelers of 10 brands are sold here…
• Walmart expands snack sourcing from India for US market
  21 October 2024, brandequity.economictimes.indiatimes.com
  Walmart, the US retail giant, is expanding its range of Indian food and snack products by partnering with popular brands like Bikano, Britannia, and Jayanti Spices. This initiative is part of Walmart’s goal to source USD 10 billion worth of goods from India annually by 2027, offering Indian festive packs and traditional snacks ahead of Diwali…
• P&G posts surprise sales drop as demand slows for face lotions, diapers
  21 October 2024, brandequity.economictimes.indiatimes.com
  P&G posts surprise sales drop on slowing demand for face lotions, diapers. The company’s baby, feminine and family care segment, housing iconic diaper brand Pampers, saw a 2 per cent fall in sales during the quarter while its beauty segment, which includes troubled Japanese skincare brand SK-II, saw a 5 per cent drop…
• D2C brands go to malls for immersive retail experiences
  21 October 2024, brandequity.economictimes.indiatimes.com
  India’s D2C brands are increasingly establishing a presence in malls to boost customer engagement and create immersive shopping experiences. As per industry experts, mall environments provide better customer interaction and support brand growth as online customer acquisition costs rise. This trend extends beyond major cities to tier-2 cities, aligning with the growing demand for experiential retail and premium shopping spaces…
• TTK Prestige asks why so much song and dance for mixers
  21 October 2024, brandequity.economictimes.indiatimes.com
  TTK Prestige releases a new TVC in five languages for its Endura Mixer Grinder, directed by Gautham Vasudev Menon. The campaign blends storytelling with Tamil Nadu’s cultural heritage. The ad showcases the mixer’s versatility and superior technology, aiming to make it a household name in the region, focusing on emotional and cultural connections…
• Bikaji Foods acquires 53% stake in Hazelnut Factory for Rs 131 crore; to compete in QSR space
  17 October 2024, retail.economictimes.indiatimes.com
  Bikaji Foods International has acquired a 53.02% stake in Lucknow’s Hazelnut Factory for Rs 131 crore through its subsidiary. This strategic move will help Bikaji enter the Quick Service Restaurant (QSR) segment. The acquisition will be completed over the next two years, integrating Hazelnut Factory’s retail stores in Lucknow, Kanpur, and Delhi…
• Brands boost quick commerce hiring as Zepto, Instamart, Blinkit drive sales
  17 October 2024, retail.economictimes.indiatimes.com
  Brands are significantly increasing their in-house teams to support quick commerce platforms like Zepto and Swiggy Instamart. Specialized roles such as key account managers and supply chain experts are in high demand. This shift allows brands to reach consumers directly, optimizing speed and reducing costs…
• Blinkit launches 10-minute returns for footwear, apparel categories
  17 October 2024, retail.economictimes.indiatimes.com
  Blinkit, a part of Zomato, has introduced a 10-minute return policy for clothing and footwear. This aims to address size and fit issues for customers. After testing in Delhi NCR, the feature is now live in Mumbai, Bangalore, Hyderabad, and Pune. Plans to expand to more cities are underway…
• Piyush Goyal emphasizes quality as key to India’s global competitiveness
  17 October 2024, retail.economictimes.indiatimes.com
  Union Commerce Minister Piyush Goyal on Wednesday stressed the need to manufacture high-quality products, saying without this approach it is going to be very difficult to make India truly competitive…
• Restaurants staring at plate full of problems this festive season
  17 October 2024, retail.economictimes.indiatimes.com
  Dining-out chains in India are facing profitability challenges this festive season due to high prices of edible oils, vegetables, and wheat. Executives are reluctant to increase menu prices and are instead renegotiating supplier contracts and absorbing costs to support smaller vendors…
• Daryaganj Restaurants eyes to clock Rs 100 crore this fiscal, enter international market
  17 October 2024, retail.economictimes.indiatimes.com
  Next fiscal, the brand is eyeing to further penetrate deeper into the international market by opening restaurants in UAE, UK, and Australia, and in India, by expanding in Bengaluru…
• US retail trade group expects holiday season sales to grow more slowly
  17 October 2024, brandequity.economictimes.indiatimes.com
  This year’s predicted pace is consistent with the average increase of 3.6% from 2010 to 2019. During the coronavirus pandemic, Americans ramped up their spending. Holiday season sales rose 9% in 2020 from the year before, and they soared 12.4% in 2021, according to the National Retail Federation…
• Gen Z’s direct spending power to reach USD 1.8 Trillion by 2035: Report
  17 October 2024, brandequity.economictimes.indiatimes.com
  This expansive research offers new perspectives into Indian Gen Z’s distinctive spending power across multiple categories, that no other report has explored in the past. The report also delves into uncovering unique insights into how they engage, influence, shop, and spend—shaping the future of India’s economy…
• Digital payments show strong uptick buoyed by wider adoption of credit during festive season
  17 October 2024, brandequity.economictimes.indiatimes.com
  During this year’s festive season sales, credit cards and credit-based payment instruments like pay-later products saw a significant increase, according to industry reports. Transactions rose by 35-50% compared to last year, with a large share being made through credit cards, EMIs, and pay-later options. Unified Payments Interface (UPI) remained the dominant payment method, with a 34% rise in transactions and over 500 million daily payments recorded. ..
• PVR Inox posts Rs 12 crore loss vs Rs 166 crore profit YoY in Q2, revenue drops 19%
  16 October 2024, retail.economictimes.indiatimes.com
  PVR Inox reported a consolidated net loss of Rs 12 crore for Q2 FY25, compared to a net profit of Rs 166 crore in the same period last year. Revenue from operations dropped to Rs 1,622 crore, a 19% decline YoY…
• Room air-conditioners sales volumes to expand by 20-25% YoY in FY2025: ICRA
  16 October 2024, retail.economictimes.indiatimes.com
  Indian room air-conditioner industry is projected to see 20-25% YoY growth, reaching 12-12.5 million units in FY2025. Factors such as rising temperatures, urbanization, and disposable income drive demand. The PLI scheme boosts localization, with OEMs expanding capacities rapidly. Moderate operating profit margins expected…
• Centre to verify air purifier claims amid pollution concerns
  16 October 2024, retail.economictimes.indiatimes.com
  The government will conduct market surveillance to verify air purifier manufacturers’ claims following accusations of false assertions. Consumer Affairs Secretary mentioned plans to check compliance with quality control orders. The move aims to address concerns over misleading marketing and pollution levels in cities, advocating for collaboration between BIS, ministries, and consumers…
• Jaipur: City restaurants demand closure time extension by 1 hour during tourist season
  16 October 2024, retail.economictimes.indiatimes.com
  Restaurant owners in Jaipur express frustration over early closure mandates, arguing it impacts their business during tourist season. They propose extending the deadline from 11 pm to midnight, stressing that police presence and restrictive timings deter tourists and harm the city’s hospitality industry…
• Pluckk ties-up with Spencer’s Retail to offer farm produce under premium category
  16 October 2024, retail.economictimes.indiatimes.com
  Pluckk has formed an exclusive partnership with Spencer’s Retail to offer its premium produce, including ozone-washed and GMO-free fruits and vegetables, in select cities. The collaboration aims to provide fresh, quality food to consumers and plans to expand to more locations, doubling presence within a year…
• Govt examining product disclosures by quick commerce firms
  16 October 2024, retail.economictimes.indiatimes.com
  The government is scrutinizing whether quick commerce companies are complying with the Legal Metrology Act, which mandates key disclosures on packaged products. Consumer Affairs Secretary Nidhi Khare stated potential regulatory action could be taken against non-compliant firms. The investigation focuses on information such as price, expiration date, and manufacturer details amid the rise of ultra-fast grocery delivery services in India…
• Hello Kitty plans to double its presence in India
  16 October 2024, retail.economictimes.indiatimes.com
  “India has the potential to become one of the biggest markets for Sanrio. In the next 5 years, it will be one of the top three markets in the world and from there onwards, I expect a double-digit growth year-on-year,” Silvia Figini, COO, Sanrio – EMEA, India, Oceania, Mr. Men – Worldwide…
• Meet the Indian beauty brands going the luxe route
  16 October 2024, brandequity.economictimes.indiatimes.com
  “Premium homegrown beauty brands offer products that rival international names in terms of price, quality, service and user experience. But how are they competing in a landscape brimming with choices and competition from global counterparts? What are they doing to build a sustainable business? And how are they dealing with the changing demands of a maturing customer base? Divya Moolayattil and Divya Verma break it down…
• Licious acquires Bengaluru-based My Chicken and More to boost offline presence
  15 October 2024, realty.economictimes.indiatimes.com
  The acquisition will bolster its omnichannel presence and tap into new users, boosting Licious’ online business. With My Chicken and More’s 23 stores, Licious will also increase its physical retail footprint to 26 locations. “The acquisition will enable us to rapidly scale our offline presence in South India, while continuing to deliver the quality and transparency that define the Licious experience,” said the cofounders Vivek Gupta and Abhay Hanjura in a statement…
• Timberland stages come back with Reliance in India through AJIO platform
  15 October 2024, retail.economictimes.indiatimes.com
  Reliance Retail’s AJIO platform now includes Timberland, marking the brand’s return to India after closing in 2015. This follows Reliance’s recent portfolio expansions with brands like H&M and ASOS. Additionally, Reliance is scaling up quick-commerce and enhancing its F&B portfolio with Armani Cafe…
• GJEPC urges govt to lay stringent rules for mandatory disclosure of natural, lab-grown diamonds
  15 October 2024, brandequity.economictimes.indiatimes.com
  The diamond industry is already facing issues due to the Russia-Ukraine conflict, as it has disrupted the global diamond supply chain, with sanctions on Russia, a major rough diamond producer, further complicating trade and slowing down the global diamond trade…
• The art of festive marketing: Driving engagement through culture and emotion
  15 October 2024, brandequity.economictimes.indiatimes.com
  When we talk about festivals in India, we’re talking about more than just one day of celebration. The nation’s cultural diversity presents a year-end calendar full of opportunities – from Diwali to Christmas and the New Year. Each of these festivals carries its traditions, emotions, and expectations. Brands that recognize this, aren’t simply selling their products but becoming one with the celebrations…
• How brands can use loyalty programmes during the festive season
  15 October 2024, afaqs.com
  The festive season offers brands a unique chance to strengthen customer loyalty through exclusive experiences, surprise rewards, and thoughtful gestures that leave lasting impressions…
• SC’s tax ruling on ITC may boost commercial realty investments
  14 October 2024, realty.economictimes.indiatimes.com
  Offices, malls, and hospitality ventures focused on building and leasing properties are likely to gain the most from the top court ruling as these areas usually require substantial upfront investments and long-term financial commitments…
• Kirana shops are battling for survival amid the rise of q-com, but the story is not over for them yet
  14 October 2024, retail.economictimes.indiatimes.com
  In metro areas, quick commerce platforms are rapidly changing urban retail by offering fast delivery of diverse products, challenging traditional kirana stores. While quick commerce’s growth impacts urban retail, rural and smaller town kiranas still hold significant market share. Companies are adapting strategies for both channels…
• Navratri lifts sales in offline electronic markets
  14 October 2024, brandequity.economictimes.indiatimes.com
  Sales of home appliances such as LED TVs and refrigerators experienced growth during Navratri due to strong consumer demand, though offline retailers faced challenges from steep online discounts. Improved agriculture is expected to boost consumer spending further in the upcoming festive and wedding seasons…
• Smaller cities drive premium phone sales in festive season
  14 October 2024, brandequity.economictimes.indiatimes.com
  Steep discounts on Apple and Samsung smartphones boosted sales in smaller Indian towns and cities during this festive season, outperforming major metros. The share of smaller towns in sales of premium smartphones rose significantly. Older flagship models were popular, driven by heavy discounts and financing options. This trend occurred despite a slight decline in overall festive sales volumes…
• Cinema owners feel the heat ahead of big Diwali releases
  14 October 2024, brandequity.economictimes.indiatimes.com
  Cinema owners across India face pressure from distributors of Singham Again and Bhool Bhulaiyaa 3, as both films release on Diwali. Single-screen theatres struggle to allocate shows, risking divided box-office collections. Multiplexes manage better, but audience preferences will ultimately determine screen allocation…
• Urban India buys appliances worth Rs 60k cr in H1 2024: Report
  14 October 2024, brandequity.economictimes.indiatimes.com
  Urban India has spent over Rs 60,000 crore on TVs and large appliances from offline channels in the first half of 2024. Rural India reported Rs 3,000 crore in sales. India’s growth in consumer tech and durables is supported by a strong economy and declining inflation. Rural markets are showing promise with increasing disposable income and retail networks…
• How emerging brands are shaping edible oil usage among major FMCG players
  14 October 2024, brandequity.economictimes.indiatimes.com
  In recent years, the landscape of the edible oil market has undergone a significant transformation. As emerging brands rise to leave a mark, the influence they wield over major players in the Fast-Moving Consumer Goods (FMCG) sector is becoming increasingly evident. These new and innovative brands are not just introducing new products; they are altering the standards, driving trends, and compelling established companies to rethink their strategies…
• Mercedes-Benz car sales in India increases 13% to 14,379 units in Jan-Sep 2024
  11 October 2024, brandequity.economictimes.indiatimes.com
  Mercedes-Benz India reports a 13% year-on-year sales increase to 14,379 units for January-September 2024, marking its best performance for this period. The company sold 5,117 units in Q3, a 21% rise from last year. Battery electric vehicle sales surged 84% to 800 cars, and top-end vehicle sales grew by 18%…
• Reliance Retail starts testing its Swiggy, Blinkit rival
  11 October 2024, brandequity.economictimes.indiatimes.com
  Reliance Retail has re-entered the quick commerce market in select areas through JioMart, competing with Blinkit, Swiggy Instamart, and BigBasket. The company will use its existing store network and the logistics service Grab to offer zero delivery fees and target smaller cities and towns…
• How Ratan Tata started India’s romance with Zara
  11 October 2024, brandequity.economictimes.indiatimes.com
  Ratan Tata played a pivotal role in bringing global fast-fashion giant Zara to India in 2010. His visionary leadership identified the potential of India’s growing middle class, leading to a retail revolution. Zara’s success paved the way for other international brands and transformed the Indian fashion industry, making it more dynamic and globally interconnected…
• Noida authority to hire private consultant for land acquisition
  11 October 2024, realty.economictimes.indiatimes.com
  The consultant will help the Authority in managing both direct land purchases from owners and legal acquisition of land under the Land Acquisition Act…
• India’s textiles sector projected to reach $350 billion by 2030: Centre
  11 October 2024, retail.economictimes.indiatimes.com
  Driven by India’s inherent strengths and a strong policy framework that encourages investment and exports, the textiles sector in the country is expected to grow to $350 billion by 2030, the Centre said on Thursday…
• Not just fun, Kolkata’s Durga Puja is serious business worth Rs 15,000 crore
  11 October 2024, retail.economictimes.indiatimes.com
  With more than 10,000 Pujas in the state and 1,000 more in other parts of India and overseas, the festival has in recent years emerged as a hub of activity with each community Puja sustaining a micro-economy, particularly in Kolkata. From those erecting the pandals to the decorators, idol-makers to craftsmen, electricians to security persons, priests to dhakis, the Pujas help thousands boost their earnings…
• Replica Watches: Best website for 1:1 super clone watches swiss movement
  11 October 2024, retail.economictimes.indiatimes.com
  In today’s era replica watches have become increasingly popular among consumers seeking the prestige of luxury timepieces without the hefty price tag…
• UP govt approves factory complex in Meerut to boost jewellery sector
  11 October 2024, retail.economictimes.indiatimes.com
  The Uttar Pradesh government has sanctioned a factory complex in Meerut to boost the gems and gold jewellery sector. The project, managed by the Meerut Development Authority, will enhance the region’s jewellery industry, offering modern facilities and creating employment. The factory will make Meerut a key hub for the jewellery market, attracting industrialists and customers…
• Ecommerce companies are under scrutiny for violating dark pattern norms during sales
  11 October 2024, retail.economictimes.indiatimes.com
  The government plans to crack down on ecommerce companies for using dark patterns, deceptive techniques that manipulate consumers during festive season sales. These unfair trade practices have prompted consumer complaints, leading the Central Consumer Protection Authority to take action against offending companies, especially as online retail is rapidly growing in India…
• Goodbye and Godspeed: India mourns Ratan Tata’s demise
  10 October 2024, retail.economictimes.indiatimes.com
  India mourns the loss of Ratan Naval Tata, a visionary business leader and philanthropist, who passed away late Wednesday night. Tata Sons Chairman N Chandrasekaran, Prime Minister Narendra Modi, Defence Minister Rajnath Singh, and Mahindra Group Chairman Anand Mahindra among others gave heartfelt tributes highlighting his immense contributions to the Tata Group, the economy, and society…
• Quick commerce companies may face action for not giving expiry date
  10 October 2024, retail.economictimes.indiatimes.com
  The Indian government plans to crack down on quick commerce companies like Zomato’s Blinkit and Swiggy Instamart for not displaying mandatory expiry dates on their platforms. The move follows multiple consumer complaints received through the National Consumer Helpline. Flipkart Minutes currently complies with this requirement…
• India set to source entire mobile phone needs locally by fiscal year-end as Apple, Google ramp up production
  10 October 2024, retail.economictimes.indiatimes.com
  India will begin sourcing all its mobile phones locally by fiscal year-end. Apple started producing iPhone Pro and Pro Max models in India, and Google will manufacture Pixel phones domestically. This reduces the need for imports. Samsung and other brands already make their devices in India. This move supports the government’s electronics production targets…
• New GST rules require tenants to pay 18% tax for leased commercial properties
  10 October 2024, retail.economictimes.indiatimes.com
  This could create challenges, particularly for tenants under the composition scheme, such as many small restaurants, as they will have to pay GST but will not be able to claim input tax credit (ITC), resulting in increased working capital requirements, said experts…
• Modern trade growth at a 4-year low amid online surge; sales at big supermarkets grew only 3.2%
  10 October 2024, brandequity.economictimes.indiatimes.com
  Sales growth of groceries, personal products, and home care items in modern trade hit a four-year low in July and August due to consumer shift to online, quick commerce, and store closures. Leading FMCG sales channels are now increasingly dominated by online platforms, accounting for about 10-12% of overall sales…
• PVR -INOX ties up with Khushi Advertising for South Indian cinema ads
  10 October 2024, brandequity.economictimes.indiatimes.com
  This new partnership with Khushi Advertising marks a significant step forward for PVR-INOX. The five-year contract is aimed at managing cinema advertising sales in the South India market, with Khushi Advertising appointed as the exclusive ad-sales affiliate for this region. ​​This alliance is set to strengthen PVR-INOX’s leadership and market share in South Indian cinema advertising, a region that holds great importance for the cinema exhibition industry…
• Reliance Retail targets quick commerce market, challenging Blinkit, Swiggy’s Instamart
  09 October 2024, brandequity.economictimes.indiatimes.com
  Reliance Retail has entered the quick commerce market, aiming to compete with players like Blinkit and Swiggy Instamart. Using its extensive store network, Reliance plans to offer rapid deliveries within 10-30 minutes in major cities and untapped smaller towns, without charging any fees…
• Metro to introduce outdoor ads on train coaches
  09 October 2024, brandequity.economictimes.indiatimes.com
  Currently, Bengaluru Metro operates 57 train sets, and the new advertising strategy will allow various corporate advertisements to be featured on the train exteriors, alongside the Namma Metro logo. ..
• Nykaa, Licious amp up quick commerce game as consumers demand instant gratification
  09 October 2024, retail.economictimes.indiatimes.com
  Delivering instant gratification seems to be the need of the hour as beauty retailer Nykaa, direct-to-consumer (D2C) player Licious, and Myntra try out 10-15-minute delivery pilots in select cities. The companies are responding to the growing demand for rapid delivery across multiple product categories…
• CBRE to manage NetApp’s 1.07 million sq ft office spaces
  09 October 2024, realty.economictimes.indiatimes.com
  The portfolio consists of NetApp’s campus in Bengaluru and sales offices in Bengaluru, Mumbai and New Delhi…
• Reliance Retail targets quick commerce market, challenging Blinkit, Swiggy’s Instamart
  08 October 2024, retail.economictimes.indiatimes.com
  Reliance Retail has entered the quick commerce market, aiming to compete with players like Blinkit and Swiggy Instamart. Using its extensive store network, Reliance plans to offer rapid deliveries within 10-30 minutes in major cities and untapped smaller towns, without charging any fees…
• Consumer durables sector can create 500,000 new jobs in India by 2030: Report
  08 October 2024, retail.economictimes.indiatimes.com
  India’s consumer durables sector is set to grow, creating 500,000 new jobs by 2030. This growth is driven by rising domestic demand, sustainability focus, and indigenisation. The market could reach Rs 3 lakh crore by 2029. Incentives for energy-efficient products and online sales expansion are recommended to boost the sector…
• How the bottom-of-the-pyramid strategy worked out for Zudio
  08 October 2024, retail.economictimes.indiatimes.com
  Tata Group’s Trent has launched Zudio Beauty in Bengaluru, expanding into affordable beauty products, after the success of Zudio apparel stores. The company plans to open more stores in top cities. Zudio, known for trendy low-priced clothing, has significantly boosted Trent’s revenue and is now entering the beauty segment to replicate its previous success…
• Indian alcoholic beverages industry to see 8-10 pc sales growth in FY25
  08 October 2024, retail.economictimes.indiatimes.com
  The domestic alcoholic beverages industry is likely to see 8-10 per cent revenue in FY25, led by steady demand for beer and a revival in consumption of spirits, along with increasing consumer preference for premium products, a report said on Monday…
• Complaints at consumer helpline doubled in last 2 years: Consumer Affairs Secy
  08 October 2024, retail.economictimes.indiatimes.com
  Looking ahead, Khare assured that in the coming months, CCPA will be taking service to consumer rights ‘very seriously.’…
• Tier II and Tier III cities to see maximum retail expansion in coming years: JLL
  08 October 2024, retail.economictimes.indiatimes.com
  The report also added that the Tier II and Tier III cities in the country are experiencing a surge in new retail supply, with 25 million sq. ft of retail developments. This expansion is driven by growing consumer demand, availability of land and a lack of quality retail developments in these markets until a few years back…
• Pacts with UAE may yield $100 billion investments: Piyush Goyal
  08 October 2024, retail.economictimes.indiatimes.com
  India and UAE plan to boost investment, potentially reaching $100 billion. This includes sectors like energy, AI, and food processing. A new food corridor aims to bring $2 billion in investments. Significant gains are seen in bilateral trade and FDI under the Comprehensive Economic Partnership Agreement. An Invest India office will open in Dubai, fostering UAE investments in India…
• Quick commerce not impacting kirana stores: Zomato’s Deepinder Goyal
  07 October 2024, retail.economictimes.indiatimes.com
  “Blinkit is not really eating into the kiranas at all. It is not even affecting companies like Dmart. I think we’re more or less eating into the Amazons and the Flipkarts, the ecommerce sector, as well as the modern retail in the larger cities,” Zomato cofounder and chief executive Deepinder Goyal said…
• From Tatas to Ambanis to Birlas, big corporates are hungry for restaurant business
  07 October 2024, retail.economictimes.indiatimes.com
  Big corporate houses like Aditya Birla, Reliance and Tata Group are investing in the Indian restaurant industry. They see opportunities in the growing, lucrative market following the pandemic. Companies are focusing on scalability and standardisation. Rising disposable incomes and new experiences drive the shift, with consumers dining out more frequently…
• Rado to close 2024 with double-digit growth in India: Global CEO
  07 October 2024, retail.economictimes.indiatimes.com
  Swiss watchmaker Rado aims for double-digit growth in India for 2024, having already experienced 23% growth in 2023. The brand is boosting product availability for the Diwali season to meet high demand. India remains Rado’s top-performing market, surpassing China, with strong brand loyalty from Indian consumers globally…
• Tata Group forays into mass-priced beauty segment with Zudio Beauty
  07 October 2024, retail.economictimes.indiatimes.com
  Noel Tata-led Trent has launched Zudio Beauty, a new affordable beauty store, aiming to compete in the mass-priced beauty market. The first store opened in Bengaluru, with plans to expand to more cities. Zudio’s success in the apparel sector hints at further growth in beauty retail…
• Apparel Group to bet big on India, expand store presence from 250 to 1,000
  07 October 2024, retail.economictimes.indiatimes.com
  Currently, India contributes 10 per cent of the revenue of the overall group which is valued at $2.2 billion and the company plans to take India’s share to 25 per cent in the next three years…
• Calvin Klein launches new underwear campaign in India starring Disha Patani
  07 October 2024, retail.economictimes.indiatimes.com
  Shot by Stas Komarovski, the campaign evokes Calvin Klein’s modern aesthetic through stripped-back portraits that allow Patani’s sensuality and confidence to shine through while showcasing new Fall 2024 underwear…
• Uber ties up with Avride for food deliveries, robotaxi rides
  05 October 2024, retail.economictimes.indiatimes.com
  Uber is partnering with Avride for food deliveries and robotaxi services. This partnership includes using Avride’s sidewalk robots in Austin, Dallas, and Jersey City for Uber Eats. Avride and Uber will launch robotaxi rides in Dallas next year, aiming to expand the fleet of delivery robots to hundreds by 2025…
• Zomato to allot 12 million shares to employees
  05 October 2024, financialexpress.com
  Ahead of its Q1FY25 earnings, Zomato had allotted more than 3.5 million employee stock options, which translated to shares worth around Rs 81 crore…
• Department of Post ties up with Amazon to boost India’s E-commerce and logistics sector
  05 October 2024, retail.economictimes.indiatimes.com
  The Department of Posts (DoP) and Amazon Transportation Services have signed a new MoU to expand their ongoing collaboration. This partnership aims to enhance parcel transmission and delivery across India by leveraging the postal network and Amazon’s technology. The collaboration will benefit rural regions and aims to boost the e-commerce sector in India…
• Swiggy Bolt: Food delivery platform launches 10-minute meal delivery service
  05 October 2024, retail.economictimes.indiatimes.com
  The IPO-bound company also plans to expand this service to more locations in the coming weeks. Swiggy will quick deliver popular dishes which require minimal preparation time via Bolt by partnering with restaurants within a 2 km radius of the customer..
• Office leasing to record 70 million sq ft across nine cities in 2024: Report
  05 October 2024, retail.economictimes.indiatimes.com
  The office sector witnessed a gross absorption of 53.8 million sq ft during January to September 2024 across nine cities, recording a 19% year-on-year growth…
• Mukta A2 Cinemas launches festive offer with ₹99 cap on F&B
  04 October 2024, retail.economictimes.indiatimes.com
  Mukta A2 Cinemas has capped all food and beverage prices at ₹99 for the festive season to make cinema outings more affordable. COO Satwik Lele aims to enhance the overall experience for cinemagoers. This move comes amid industry discussions on high pricing, with average expenditure statistics provided by the Multiplex Association of India…
• How the fragrance and flavour industry is helping the FMCG sector become stronger
  04 October 2024, brandequity.economictimes.indiatimes.com
  Sacheerome says being an Indian player gives it an edge over global players in making certain notes, and it is time the country’s fragrance brands earn global reputation…
• SC allows ITC claim on construction costs of commercial buildings
  04 October 2024, realty.economictimes.indiatimes.com
  It said that if construction of a building is essential for supplying services like leasing/renting out, it could fall under the ‘plant and machinery’ category on which ITC can be claimed under Section 17(5)(d) of the Central Goods and Services Tax Act (CGST)…
• There will be no change in policy on multi-brand retailing: Piyush Goyal in US
  04 October 2024, retail.economictimes.indiatimes.com
  Union Minister Piyush Goyal emphasized that India will not permit multi-brand retail, as it would harm local mom-and-pop stores. He underscored India’s openness to other economic reforms, allowing full foreign ownership in sectors like defense and space, with some safeguards to prevent money laundering…
• GST Rate Cut: Tax on several mass-use products may be reduced
  04 October 2024, retail.economictimes.indiatimes.com
  A ministerial panel on GST is considering reducing rates on essential items like medicines and tractors to 5%. Health and term insurance may also see lower rates. The panel, led by Bihar deputy CM Samrat Chaudhary, will finalize these decisions soon. Revenue implications and the number of slabs are key considerations…
• Indian logistics market to expand to Rs 13.4 trillion by FY28: Report
  04 October 2024, retail.economictimes.indiatimes.com
  This growth is being fuelled by structural shifts, technological advancements, and government initiatives aimed at reducing logistics costs and improving infrastructure…
• View: Scaling up food processing in India by tapping houesholds’ potential
  04 October 2024, retail.economictimes.indiatimes.com
  India’s food processing sector is expanding due to urbanization and changing lifestyles, but faces challenges in formalizing household enterprises. Promoting home-based food processing can boost women’s employment and reduce post-harvest losses, but regulatory hurdles need to be addressed for this segment to thrive…
• Net absorption of office space rises 14% in Q2 FY25 across seven cities: Report
  04 October 2024, realty.economictimes.indiatimes.com
  Real estate consultant JLL’s latest data showed that the net absorption of office space stood at 12.16 million square feet in the third quarter of this fiscal year as against 10.69 million square feet in the year-ago period…
• 77% consumers increase festive shopping budgets: Glance
  04 October 2024, brandequity.economictimes.indiatimes.com
  Based on a sample survey of mobile phone users in India, the report reveals that festive shopping remains strong, with 91 per cent of respondents planning to make purchases. Over 77 per cent respondents said they have increased their budgets compared to previous year while 25 per cent have indicated a willingness to spend over INR 50,000…
• RMZ Corp Partners With Chevron Global Technology & Services Pvt Ltd
  19 September 2024, rprealtyplus.com
  RMZ Corporation, one of the world’s largest family-owned alternative asset owners, has announced its partnership with Chevron Global Technology & Services Private Limited, which is establishing the US$1…
• Citykart Expands Retail Presence Across India with New Store Openings
  19 September 2024, indianretailer.com
  Citykart, a leading value fashion retailer, is set to expand its retail footprint with the launch of 25 to 30 new stores across Uttar Pradesh, Bihar, Jharkhand, Assam, and Odisha…
• P N RAO Expands Retail Presence in India with New Hyderabad Store
  19 September 2024, indianretailer.com
  P N RAO, a 100-year-old legacy brand known for its fine men’s suits in India, has opened its flagship store in Hyderabad, Telangana. This marks the brand’s eighth store in South India and represents a key step in expanding its retail footprint across the region…
• India’s Unstoppable Home Retail Market: $237 Billion by 2030 – Discover the Key Growth Drivers!
  19 September 2024, indianretailer.com
  India’s home and household sector is on the verge of a transformation, poised to skyrocket to an astounding $237 billion by 2030! Fueled by rising disposable incomes, shifting consumer preferences, and a digital-first mindset, this sector is rapidly becoming a powerhouse in India’s economic story…
• Omaxe Chowk: Rewriting Legacy
  19 September 2024, indianretailer.com
  Omaxe Chowk, a new commercial hub in the heart of Chandni Chowk, aims to transform the retail landscape of one of Asia’s oldest and busiest shopping destinations…
• Top 7 Mattress Brands in India for the Best Sleep
  19 September 2024, indianretailer.com
  A good night’s sleep is essential for your health and well-being. Choosing the right mattress makes all the difference. In their quest for the greatest mattress brand in India, consumers place much too much emphasis on factors like price/discounts, size, thickness, and material…
• The Digital Surge That’s Reshaping India’s Kirana Retail Sector
  19 September 2024, indianretailer.com
  India’s traditional retail sector, long characterized by its reliance on over 15 million Kirana stores, is witnessing a significant transformation. The emergence of digital solutions is reshaping the sector, with eB2B (e-commerce-led Business to Business) platforms driving this change…
• Best Couverture Chocolate Brands in India: Marking the Sweet Revolution
  19 September 2024, indianretailer.com
  India’s chocolate revolution is in full swing, and couverture chocolate is at the forefront of this delicious movement. With its high cocoa butter content, rich flavor, and silky smooth texture, couverture chocolate is every dessert lover’s dream…
• WROGN, TMRW’s Newest Brand, Promotes ‘Love is Respect’
  19 September 2024, indianretailer.com
  WROGN, part of the TMRW House of Brands, is making strides in reshaping the narrative around love and relationships in India with its latest campaign, “Love is Respect.”..
• Godrej and Boyce Bags Rs 35 Cr Contracts for National Infrastructure and Historic Sites
  19 September 2024, indianretailer.com
  Godrej and Boyce’s Security Solutions division, part of the Godrej Enterprises Group, has strengthened its presence in India’s retail and security sectors by securing contracts worth over Rs 35 crore…
• Golden Grain Rice Expands Global Reach, Eyes 500,000 MT Export Target for 2024
  19 September 2024, indianretailer.com
  Golden Grain Rice, one of India’s largest rice exporters, is reinforcing its presence in some of the world’s most competitive international markets. With a record-breaking export of 375,000 tonnes of premium basmati rice in…
• AB InBev India Empowers Micro-Entrepreneurs Through ONDC Network
  19 September 2024, indianretailer.com
  AB InBev India, a prominent player in the beer and beverage sector, is strengthening micro-entrepreneurs across India through its partnership with the Open Network for Digital Commerce (ONDC)…
• Former Flipkart Executive Launches Quick-Commerce Retail Venture in India
  19 September 2024, indianretailer.com
  Ayyappan R, the former chief executive of Flipkart-owned Cleartrip, is preparing to launch a new quick-commerce retail venture in India. The venture is currently seeking substantial seed funding from venture capital firms Accel and RTP Global, according to sources familiar with the discussions…
• Indian Chilli Brand Kaatil Announces Funding Success and Great Taste Award Victory
  19 September 2024, indianretailer.com
  Kaatil, a hot condiments brand specializing in Indian chilies under Smerc Food & Beverages, has announced the successful completion of its seed funding round, raising an undisclosed amount…
• Tata Soulfull Introduces Masala Muesli to Redefine Indian Breakfasts
  19 September 2024, indianretailer.com
  Tata Soulfull, a brand under Tata Consumer Products, has unveiled its latest innovation, Tata Soulfull Masala Muesli, aiming to transform the traditional muesli category with a savory twist…
• Dusky India Launches Ayurvedic Face Washes for Modern Skincare Needs
  19 September 2024, indianretailer.com
  Dusky India, a brand inspired by India’s Ayurvedic heritage, has launched two new face washes, reinforcing its mission to make Ayurveda accessible for all. Celebrating the natural tone and texture of Indian skin, Dusky India’s products are crafted to cater to the modern lifestyle while honoring traditional Ayurvedic principles…
• Rivona Naturals Launches Innovative 11-in-1 Skincare Solution ‘Genie’
  19 September 2024, indianretailer.com
  Rivona Naturals, a personal care brand known for simplifying self-care with multi-purpose products, is excited to unveil its latest breakthrough product, Genie. Designed with an innovative “11-problems-1-solution” formula, Genie offers an effective remedy for a wide range of skin concerns, from acne and redness to overall skin healing…
• The Quorum Unveils a New Restaurant ‘689 – Six Eighty Nine’ in Gurugram
  19 September 2024, indianretailer.com
  The Quorum, the country’s first domestic private members’ club, has opened ‘689 – Six Eighty Nine’ an Asian eating restaurant featuring a live robata grill and a Japanese aesthetic, in Gurugram…
• SMOOR Partners with Hangyo Ice Creams to Launch New Gourmet Ice Cream Range
  19 September 2024, indianretailer.com
  SMOOR, a leading luxury confectionery brand in India, has announced a collaboration with Hangyo Ice Creams, blending their expertise in premium chocolates with Hangyo’s ice cream craftsmanship…
• Rohan Pewekar Succeeds Merrill Pereyra as Managing Director, Pizza Hut Indian Subcontinent
  19 September 2024, indianretailer.com
  Pizza Hut, division of US-based Yum! Brands has announced the appointment of Rohan Pewekar as the Managing Director, Pizza Hut Indian Subcontinent…
• Devrana Expands with New Express Outlet in Shastri Nagar, Meerut
  19 September 2024, indianretailer.com
  Devrana, known for its authentic vegetarian cuisine, has opened a new express outlet in Shastri Nagar, Meerut. Located at K6 opposite PVS Mall, this new outlet reflects Devrana’s strategy to bring quality dining experiences to convenient locations…
• The Wendy’s Company Announces Executive Leadership Appointments
  19 September 2024, indianretailer.com
  The Wendy’s Company has announced the appointment of John Min as the Company’s Chief Legal Officer and Secretary and Mary Greenlee as Senior Vice President, U.S. Operations…
• BACARDÍ Launches Exciting New Mango Chilli Flavoured Rum in India
  19 September 2024, indianretailer.com
  BACARDÍ, the globally recognized spirits brand, has launched a new flavored rum in India—BACARDÍ Mango Chilli. This innovative addition to their portfolio combines the sweet, tropical taste of mango with the fiery heat of chili, offering a distinctive flavor that caters to the Indian palate…
• DAEWOO Expands into the Indian Market with New Induction Cooktops
  19 September 2024, indianretailer.com
  DAEWOO, the renowned Korean brand with a global footprint in over 110 countries, has announced the launch of two new induction cooktops in India: the Push Button Induction Cooktop and the Touch Button Induction Cooktop…
• Bata Collaborates with Sharvari for Limited-Edition ‘Emily in Paris’ Collection
  19 September 2024, indianretailer.com
  Bata India has launched an exclusive limited-edition ‘Emily in Paris’ collection, featuring Bollywood’s fashion icon Sharvari as the face of the campaign. Timed to coincide with the release of the latest episodes of Netflix’s Emily in Paris, the collection is a collaboration with Viacom 18 and is available at 260 select stores and online at Bata.com…
• Gaurs Group Set To Launch IPO In Next 18 Months
  18 September 2024, rprealtyplus.com
  Realty firm Gaurs Group is set to launch its Initial Public Offering (IPO) as it seeks to capitalise on strong consumer demand and expand its business, according to Chairman and Managing Director Manoj Gaur…
• Nexus Venture Offloads 5.97% Stake In India Shelter Finance Corp
  18 September 2024, rprealtyplus.com
  Venture capital firm Nexus Venture Partners divested a 5.97 per cent stake in India Shelter Finance Corporation for Rs 482 crore through open market transactions…
• Ahmedabad: SRFDCL engages with global builders ahead of auction for riverfront plots
  18 September 2024, realty.economictimes.indiatimes.com
  ​​This strategic push was detailed in the annual audit report presented to the SRFDCL board on Sep 6, just before the Request for Proposal (RFP) was announced for the auction of two prime plots. The riverfront project, spanning 204.91 hectares, is set to make a significant impact…
• With Hourglass, HUL feels time is ripe to enter India luxury cosmetics
  18 September 2024, retail.economictimes.indiatimes.com
  Hindustan Unilever is set to launch its global beauty brand Hourglass in India, marking its entry into the luxury cosmetics market. The brand will be available both online and offline. This move aligns with HUL’s strategy to focus on high-margin, low-penetration categories and cater to the growing demand for premium beauty products in India…
• AI to electronics: Micromax to foray into new-age businesses
  18 September 2024, retail.economictimes.indiatimes.com
  Micromax co-founder Rahul Sharma said Micromax’s manufacturing arm Bhagwati has taken over Vivo’s mobile phone factory in Greater Noida, where it will be making originally designed mobile phones, IT hardware and automotive parts through a joint venture with one of the largest ODMs (original design manufacturers)…
• Dark clouds over Bengal’s Durga Puja economy
  18 September 2024, retail.economictimes.indiatimes.com
  Protests over the rape and murder of a trainee doctor in Kolkata are impacting West Bengal’s Rs 50,000 crore Durga Puja economy. Pre-puja consumer demand and corporate funding have declined, affecting sales in apparel, fashion products, and restaurants. Brands are cautious about sponsorships due to public sentiment. Footfalls in malls and shopping hubs are significantly lower than usual…
• We expect improved FMCG demand in coming quarters: Pawan Agrawal, Marico
  18 September 2024, retail.economictimes.indiatimes.com
  Marico reported a nearly 9% rise in net profit and a 7% increase in revenue for Q1 FY25. The company is focusing on diversification and premiumisation, expecting growth in rural and urban markets as the festival season approaches. Key brands like Parachute Coconut Oil and Saffola Edible Oils showed modest growth…
• Franck Muller sees more room for growth in India’s luxury watch segment: Top executive
  18 September 2024, retail.economictimes.indiatimes.com
  Franck Muller is focusing on India for the next three to five years, planning to launch its third India-focused collection before Diwali and possibly entering luxury residential real estate. The brand has seen success in other markets and believes India has significant growth potential in luxury consumption…
• Allied Blenders and Distillers appoints Anil Somani as CFO
  18 September 2024, retail.economictimes.indiatimes.com
  Allied Blenders and Distillers Limited has appointed Anil Somani as its new chief financial officer, succeeding Ramakrishnan Ramaswamy. Somani brings over 32 years of experience in finance roles across various sectors. He aims to enhance the company’s financial performance and operational efficiency…
• Nippo-maker Indo National sells entire 51% stake in Kineco for Rs 220 cr
  18 September 2024, retail.economictimes.indiatimes.com
  Chennai’s Indo National Ltd has sold its 51% stake in Kineco Ltd for Rs 220 crore to an unnamed consortium. CEO Pavan Kumar BVS stated the funds will be invested in aerospace, defense, and various fast-moving consumer goods sectors…
• Myntra’s GenZ customer base doubles to 16 million in 2024
  18 September 2024, retail.economictimes.indiatimes.com
  “With the online trend-first fashion market expected to grow over 8x into a USD 5 billion market by 2028, FWD by Myntra is taking charge in reshaping fashion for young India, reflecting Myntra’s commitment to staying ahead of GenZ’s rapidly evolving trends and preferences,” a company statement said…
• Myntra may offer a 4-hour ‘solution’ for your fashion ‘needs’
  18 September 2024, retail.economictimes.indiatimes.com
  Myntra is piloting a four-hour delivery service in select cities like Bengaluru and New Delhi, aiming to cater to the growing demand for faster deliveries. This initiative responds to the rise of quick commerce services in India…
• India’s apparel retail will continue to grow with rising incomes, increased demand for affordable fashions: Centrum
  18 September 2024, retail.economictimes.indiatimes.com
  As per a research report by the financial advisory firm Centrum, looking ahead, the apparel market is expected to continue growing, driven by rising incomes, favourable demographics, and increased demand for affordable fashion, particularly among Gen-Z consumers…
• BigBasket plans to expand dark store count to 700 by FY25
  18 September 2024, thehindubusinessline.com
  Tata-owned BigBasket plans to expand its dark store count to 700 by the end of FY25 from 400 as the company pivots to becoming a pure play quick commerce company, as the company sees rising demand for rapid deliveries, founder Hari Menon told businessline…
• Two Brothers Organic Farms appoints Arijit Gorai as its chief growth officer
  18 September 2024, retail.economictimes.indiatimes.com
  In his new role, Gorai will be responsible for expanding the D2C brand’s presence across multiple channels and improving its customer experience, including new product offerings to meet the growing demand for organic food products and build brand presence in key international markets…
• FMCG sector to get a boost from recovery in rural demand, global factors: Centrum
  18 September 2024, retail.economictimes.indiatimes.com
  As per the report, the sector is expected to witness a boost, especially from a recovery in rural demand. The report mentioned that there has been a downward trend in rural inflation, along with a gradual rise in real wages in rural areas…
• Starbucks Expands into Bilaspur and Prayagraj with New Store Openings
  18 September 2024, indianretailer.com
  Starbucks is expanding its retail presence in India with the opening of its first store in Bilaspur, Chhattisgarh, and another in Prayagraj, Uttar Pradesh…
• Clink Audio to Expand Retail Presence in India with New Product Launches
  18 September 2024, indianretailer.com
  Clink Audio, a prominent player in the consumer electronics industry, is set to introduce two new products by the end of this fiscal year. The upcoming launches will include Open Wireless Stereo (OWS) devices and bone..
• Brune and Bareskin Expands Retail Presence with New Store in Bathinda
  18 September 2024, indianretailer.com
  Brune and Bareskin, a premium leather brand known for its bespoke products, has opened its fourth retail outlet in India. The new store is located at NH07, Bhucho Market in Bathinda, joining the brand’s existing locations in Delhi, Ludhiana, and Jalandhar…
• Snitch Opens 24th Store in Indore as It Expands Retail Presence in India
  18 September 2024, indianretailer.com
  Snitch, a prominent men’s fashion brand in India, has further strengthened its retail presence with the opening of its 24th store in Indore. Located at the Phoenix Citadel Mall, the new outlet spans 2,545 square feet and aims to cater to Indore’s evolving fashion market…
• Nexus Venture Partners sells stake in India Shelter Finance for Rs 482 crore
  17 September 2024, realty.economictimes.indiatimes.com
  US-based Nexus Venture Partners, through its affiliates Nexus Ventures III and Nexus Opportunity Fund II Ltd, offloaded 64 lakh shares, amounting to a 5.97 per cent stake in India Shelter Finance Corporation through two separate bulk deals on the BSE…
• Kanodia Group Appoints Mayank Jain as CEO – Real Estate Venture
  17 September 2024, rprealtyplus.com
  The Kanodia Group, recognized as a leading player in the cement, hygiene, and building solutions industry has appointed Mayank Jain as its Chief Executive Officer for their upcoming real estate development platform…
• Bric-X Infra Announces Expansion Plans In Delhi NCR
  17 September 2024, rprealtyplus.com
  Bric-X Infra, a leading name in the real estate industry celebrates its 5th anniversary. It is a milestone that reflects its remarkable growth and commitment to excellence…
• Indoor Amusement Centers Expected To Grow By 67% By 2028 End
  17 September 2024, rprealtyplus.com
  Experience economy and the substantial demographic dividend have led to the growth of the entertainment sector in the country. There is a significant shift in the Indian retail landscape, with Indoor..
• Government to quick commerce: throw more light on dark store ownership structures
  17 September 2024, retail.economictimes.indiatimes.com
  The government has shot off queries to senior ecommerce executives to understand the ownership structures of quick commerce firms and their dark stores. The chief executive of one of the top three quick commerce firms told us that he recently briefed commerce and industry minister Piyush Goyal and his team on the nature of investors in the firm and its long-term plans…
• Adani, Wilmar to start stake sale in joint venture next month
  17 September 2024, retail.economictimes.indiatimes.com
  Adani Enterprises Ltd. and Wilmar International Ltd. plan to sell a 13% stake in their joint venture Adani Wilmar Ltd. to comply with Indian securities laws. The sale, valued at $735 million, aims to reduce their combined shareholding from 88% to 75% by February…
• ETRetailCafe: Restaurateur AD Singh on revolutionising foodservice industry in India
  17 September 2024, retail.economictimes.indiatimes.com
  AD Singh, founder and MD of Olive Group of Restaurants shares the challenges he faced and how he overcame those challenges to deliver the best of restaurant brands to consumers…
• Ikea launches 365-day return, exchange policy
  17 September 2024, retail.economictimes.indiatimes.com
  Commenting on the impact of the policy on return orders, Sharma said, “We are well-equipped to manage the spurt in return logistics.”…
• Godrej Consumer MD & CEO Sudhir Sitapati throws weight behind Dhaval Buch
  17 September 2024, retail.economictimes.indiatimes.com
  Sudhir Sitapati, MD and CEO of Godrej Consumer Products, supports Dhaval Buch amid conflict of interest allegations involving his wife, Sebi Chairperson Madhabi Puri Buch. Sitapati emphasizes the need to understand the context of professionals transitioning from the private sector to government roles and warns against deterring such moves…
• E-commerce majors Flipkart, Amazon to start annual festive sale from Sep 26
  17 September 2024, retail.economictimes.indiatimes.com
  Flipkart and Amazon India will commence their annual festive sales from September 26, 2024, with early access for paid subscribers. Flipkart’s ‘The Big Billion Days’ and Amazon’s ‘Great Indian Festival’ will offer a wide range of products. Myntra will also start its sale on September 25 for loyalty members…
• Lego’s business cards are made of Lego—but not for long
  17 September 2024, livemint.com
  Michael Renvillard was backstage at a New York City festival featuring Alicia Keys and Hugh Jackman when the longtime Lego representative noticed something odd…
• Kingdom of White Expands Retail Presence in India with Three New Stores
  17 September 2024, indianretailer.com
  Kingdom of White, India’s leading all-white lifestyle brand, has opened three new retail stores in Bhubaneshwar, Indore, and Surat. This marks a significant expansion in the brand’s reach, bringing its signature collection of white clothing to more consumers across India…
• Top 10 Gin Brands in India That Are Elevating Your Cocktail Game (2024)
  17 September 2024, retail.economictimes.indiatimes.com
  India’s gin revolution is in full swing! What was once a niche spirit reserved for cocktail connoisseurs has now become the go-to choice for millennials and Gen Z…
• How India is Becoming a Key Player in Global iPhone Exports
  17 September 2024, indianretailer.com
  India has claimed a major milestone in its tech journey by surpassing the United States to become the world’s second-largest 5G handset market in 2024. In the first half (H1) of the year, global 5G handset shipments grew by…
• Top 10 Premium Handbag Brands in India
  17 September 2024, indianretailer.com
  In today’s fashion-forward world, a handbag is more than just a functional accessory; it’s a statement piece that speaks volumes about your personal style. If you’re on the hunt for the perfect blend of craftsmanship, luxury, and..
• Top 10 Premium Handbag Brands in India
  17 September 2024, indianretailer.com
  In today’s fashion-forward world, a handbag is more than just a functional accessory; it’s a statement piece that speaks volumes about your personal style. If you’re on the hunt for the perfect blend of craftsmanship, luxury, and trendsetting designs, you’ve come to the right place…
• The Friendly Neighborhood Malls Resurgence
  17 September 2024, indianretailer.com
  Neighborhood malls have seen a remarkable resurgence in foot traffic and sales, especially after the pandemic. Their strategic location and neighborhood-centric approach cater to local residents’ needs for quick and easy access to shopping and dining options…
• Krishival Foods forays into ice cream biz with acquisition of 52.94% stake in Melt ‘N’ Mellow Foods
  17 September 2024, retail.economictimes.indiatimes.com
  Krishival Foods has acquired a 52.94% stake in Melt ‘N’ Mellow Foods, expanding its reach into the ice cream, dairy, and bakery sectors. The acquisition aims to enhance Krishival’s presence in the food sector and create value for shareholders through sustainable growth. Currently, Melt ‘N’ Mellow’s products are spread across Maharashtra and North Karnataka…
• Imagine by Ample Announces New Offers for iPhone 16 Launch with ‘More with Imagine’
  17 September 2024, indianretailer.com
  Imagine by Ample, a premium retail partner for Apple in India, has introduced its latest campaign, ‘More with Imagine,’ in anticipation of the iPhone 16 launch…
• Vintage Coffee Private Limited Opens First Premium Café Lounge in Navi Mumbai
  17 September 2024, indianretailer.com
  Vintage Coffee Private Limited, a wholly owned subsidiary of Vintage Coffee and Beverages Limited (BSE-listed), proudly announces the grand opening of its first Premium Café Lounge in Beverly Park, Sector 6, Nerul, Palm Beach Road, Navi Mumbai…
• NBCC & MTNL To Jointly Develop 13.88-Acre Land In New Delhi
  16 September 2024, rprealtyplus.com
  NBCC (India) Limited and Mahanagar Telephone Nigam Limited (MTNL) have signed a memorandum of understanding (MoU) to jointly develop a 13.88-acre land parcel on Pankha Road, New Delhi…
• Qcomm data may turn key input for new GDP maths
  16 September 2024, retail.economictimes.indiatimes.com
  The government is considering using data from quick commerce platforms like Zepto, Blinkit, Instamart, and BigBasket to understand consumption patterns and economic activity. Quick commerce now accounts for 5-6% of household grocery spending and is growing rapidly. The Ministry of Statistics plans to revise the base year for national accounts to 2022-23 or 2023-24…
• Reliance Retail to transfer most of its FMCG brands to RCPL to scale up the business
  16 September 2024, retail.economictimes.indiatimes.com
  Reliance Retail is set to transfer its FMCG brands, including Campa and various private labels, to Reliance Consumer Products Ltd (RCPL) for rapid business expansion. RCPL plans exclusive bottling plants for Campa and is preparing for a capital infusion of up to Rs 3,900 crore through equity and debt. This strategic move aims at enhancing brand availability…
• India audio device market witnesses remarkable growth, hits Rs 5,000 cr offline sales: GFK
  16 September 2024, retail.economictimes.indiatimes.com
  The Indian audio devices market is witnessing significant growth, with offline retail sales reaching Rs 5,000 crore in June 2024. This surge is driven by a 61% YoY volume growth in the Personal Audio segment and increasing demand for high-quality audio products. True Wireless Headsets and mini/Bluetooth speakers are particularly popular among Gen Z consumers…
• Jim Beam maker’s growth sobers up as competition intensifies
  16 September 2024, retail.economictimes.indiatimes.com
  Beam Global, the maker of Teacher’s and Hibiki, experienced a slowdown in sales growth in 2023-24 due to increased competition in the premium liquor segment. Sales rose by 12% to ₹1,304 crore, while net losses increased to ₹329.3 crore. The company is focusing on long-term strategic investments and brand portfolio enhancement…
• Blinkit, Zepto pilot returns, exchanges to ace fashion ecommerce
  16 September 2024, retail.economictimes.indiatimes.com
  Quick commerce is spreading its wings to include consumer electronics, lifestyle, and fashion in its scope. The main players in the space are looking to address one of the biggest pain points of online fashion shopping—returns and exchanges…
• Reliance expands trading area by 50% for non-food & general merchandise chasing higher margins
  16 September 2024, retail.economictimes.indiatimes.com
  Reliance Retail, India’s largest retailer, is expanding its non-food and general merchandise trading area by 50% in grocery stores to boost margins. This move supports its hyper-local e-commerce platform Jiomart. The company aims to double its business in the next 3-4 years and is focusing on premium segments as disposable incomes rise…
• Lulu Group roped in to promote Indian organic products globally
  16 September 2024, retail.economictimes.indiatimes.com
  APEDA will support these efforts by facilitating connections between organic growers in India including Farmer Producer Organizations (FPOs), Farmer Producer Companies (FPCs) and cooperatives, and the LuLu Group…
• Rapido talks to Zepto for quick-commerce delivery
  16 September 2024, retail.economictimes.indiatimes.com
  Ride-hailing startup Rapido, which turned unicorn recently, is in talks with quick commerce startup Zepto and grocers Pincode and KPN to foray into the quick commerce delivery business, sources told TOI…
• Water purifier maker Livpure eyes 10 lakh subscriptions in 4 years
  16 September 2024, retail.economictimes.indiatimes.com
  Livpure aims to secure over 10 lakh subscriptions for its water-as-a-service model in the next four years, enhancing access to clean water across India. The company targets a turnover of Rs 900 crore this fiscal year, reflecting a growth of up to 60 percent from the previous year…
• Looking Back, Looking At The Present And The Next
  16 September 2024, indianretailer.com
  A report by PwC India states that Seismic changes and shifting consumer behavior have redefined the Indian retail and consumer (R&C) sector in the past few years. The sector is estimated to exceed $2 trillion in the next decade, growing at a long term CAGR of 1.5X to 2X of real GDP growth…
• HeyDude Footwear Now Available in India, Partners with Metro Brands
  16 September 2024, indianretailer.com
  American footwear brand HeyDude has officially launched in India through a strategic partnership with Mumbai-based footwear retailer Metro Brands Ltd. (MBL)…
• Zara Opens Its 24th Retail Store in India at Bengaluru’s Phoenix Mall of Asia
  16 September 2024, indianretailer.com
  Global fashion giant Zara, owned by Inditex, has unveiled its 24th retail store in India at the Phoenix Mall of Asia in Bengaluru. Spanning over 36,000 sq. ft., the new store occupies the first floor of the mall and introduces several cutting-edge features aimed at enhancing customer experience…
• Agilitas Sports Secures Strategic Investment from Spring Marketing Capital
  16 September 2024, indianretailer.com
  Bengaluru-based athleisure sportswear start-up Agilitas Sports has announced a strategic investment from Spring Marketing Capital, though the exact amount remains undisclosed…
• FREYAA Partners with TAJ Group to Launch Exclusive Couture Collection
  16 September 2024, indianretailer.com
  FREYAA, a leading fashion brand known for its versatility and innovation, has announced a prestigious collaboration with the distinguished TAJ Group of Hotels…
• Patiala house court discharges Ambience Group’s promoter in PMLA case
  16 September 2024, retail.economictimes.indiatimes.com
  This case involved loans granted by a consortium of banks for the construction of the Ambience Hotel in Shahdara, Delhi. The Enforcement Directorate (ED) had accused Gehlot of money laundering linked to these loans. ..
• High streets will be a big part of Runwal’s upcoming mixed-used developments: Sanya Runwal, director – Retail
  16 September 2024, indiaretailing.com
  When travelling on the Eastern Express Highway in Mumbai it’s hard to miss the gigantic hoardings by Runwal, Mumbai Metropolitan Region’s leading real estate player enticing people to book a home at many of its upcoming projects…
• Over one-third of grocery products listed on a major e-commerce platform have information discrepancies: Study
  16 September 2024, indiaretailing.com
  As many as 34.83% of grocery products (approximately 1,000 products) listed on a major e-commerce platform have incomplete or inaccurate information, according to a study by health and retail tech platform Natfirst…
• Final CCI order on Amazon & Flipkart likely by November
  14 September 2024, retail.economictimes.indiatimes.com
  The Competition Commission of India is expected to issue final orders by November on its investigation into Amazon and Flipkart’s alleged anti-competitive practices. The probe has found that both companies extended preferential treatment to select sellers, distorting competition across various product categories. The final decision will follow deliberations on the findings and responses from the parties involved…
• Kalpataru Projects International Ltd Bags Rs 2,774 Cr Orders
  14 September 2024, rprealtyplus.com
  Kalpataru Projects International Limited (KPIL) on Thursday said it has bagged orders worth Rs 2,774 crore. The orders are for the Transmission & Distribution (T&D) business in foreign markets followed by the…
• Sushma Group Buys 59-Acre Land for Mix-Use Project In Ludhiana
  14 September 2024, rprealtyplus.com
  Sushma Group has acquired a 59-acre land parcel in a prime location. The strategic acquisition will see the development of a mixed-use project, comprising residential, industrial, and commercial plots, aimed at bolstering Ludhiana’s real estate landscape…
• Dixon Technologies to manufacture notebooks for Asus under PLI 2.0
  14 September 2024, retail.economictimes.indiatimes.com
  Electronics contract manufacturer Dixon Technologies will be manufacturing notebooks for Taiwanese company Asus under the Production-linked incentive 2.0 scheme, the company said in an exchange filing…
• FSSAI starts special drive to check adulteration during festive season
  14 September 2024, retail.economictimes.indiatimes.com
  The Food Safety and Standards Authority of India (FSSAI) has launched a special drive to ensure the safety and quality of food items during the festive season. Food Safety Officers and Designated Officers are instructed to maintain strict surveillance over sweets, savouries, and dairy products to prevent adulteration practices that could harm consumers’ health…
• Vegas Mall in Delhi saw max average footfall during April-June among top 25 shopping malls, says report
  14 September 2024, retail.economictimes.indiatimes.com
  GeoIQ’s report reveals that Vegas Mall in Delhi saw the highest average daily footfall during April-June, followed by V3S East Centre Mall and Phoenix Marketcity in Mumbai. The data is based on anonymised geolocation from mobile devices. GeoIQ aims to enhance offline retail insights using location data and machine learning…
• Non-metro cities leading in orders on e-commerce platforms in India: Report
  14 September 2024, retail.economictimes.indiatimes.com
  Non-metro cities are leading the pack in India when it comes to growth in orders on e-commerce platforms, with at least 60 per cent of online orders coming from tier 2 cities and smaller towns, a report showed on Friday…
• Tax remission benefits extended to e-commerce exports
  14 September 2024, financialexpress.com
  To boost exports through e-commerce, the government on Friday extended the tax remission benefits available to other exporters for shipments made by courier…
• Titan to expand Helios portfolio by adding 10 new international watch brands in 12-18 months
  14 September 2024, retail.economictimes.indiatimes.com
  Titan Company plans to expand its Helios format by introducing 10 new international watch brands and adding 50 more stores within the next fiscal year. The company expects a substantial revenue increase from these initiatives, forecasting a 45% growth in sales during the upcoming festival season…
• Patanjali Foods tumbles 4% after over 1 crore shares change hands via block deal
  14 September 2024, retail.economictimes.indiatimes.com
  Patanjali Foods Share Price: Shares of Patanjali Foods fell by 4% on the BSE today, hitting a day’s low of Rs 1,855.10. The drop followed a block deal involving 1.2 crore shares, or 3.3% of the company’s equity, valued at Rs 2,223.4 crore. The floor price for the deal was set at Rs 1,815, with the promoters likely being the sellers…
• Government raises import tax on edible oils
  14 September 2024, moneycontrol.com
  India has raised the basic import tax on crude and refined edible oils by 20 percentage points, the government said on Friday, as the world’s biggest edible oil importer tries to support local oilseed farmers…
• ASUS India Expands Retail Presence with New Store in Chennai
  14 September 2024, indianretailer.com
  ASUS India, the Taiwanese technology company, has expanded its retail presence in India with the opening of a new exclusive store in Chennai. Spanning 220 sq. ft., this new location will showcase a comprehensive range…
• Starbucks Opens Jangchung Lounge R, a Reserve-Only Store in Seoul
  14 September 2024, indianretailer.com
  Starbucks Korea opened its latest store, Jangchung Lounge R, in Jung-gu, Seoul, on September 12. This new store is the first Reserve-only location in the city and marks Starbucks’ 10th destination store, coinciding with the 10th anniversary of Starbucks Reserve coffee in Korea…
• Tasva Opens Store in Kolkata as Part of its Expansion in India
  14 September 2024, indianretailer.com
  Tasva, the wedding and occasion wear brand for modern Indian men, has launched its flagship store in Kolkata. Located on Elgin Road and covering 2,400 square feet, this new store further strengthens Tasva’s position in India’s..
• Top 5 Herbal Cigarette Brands in India: A Safer Smoking Alternative
  14 September 2024, indianretailer.com
  With health becoming a major concern for smokers, many are turning to herbal cigarettes as a natural alternative. Free from nicotine and harmful chemicals, these cigarettes are made using a variety of herbs,…
• Best Toy Brands in India: From Classic Toys to AR Innovation
  14 September 2024, indianretailer.com
  From educational and interactive toys to classic favorites, there’s something to spark imagination and foster development. To do so these best toy brands in India are making significant changes…
• India’s $21 Bn Beauty & Personal Care Market Poised for 11 pc Growth in 5 Yrs
  14 September 2024, indianretailer.com
  India’s beauty industry, now the world’s fourth-largest, is undergoing a significant transformation, driven by rapid changes in consumer preferences, the rise of digital platforms, and technological advancements…
• The Original Bed Co. Brings Bespoke Sleeping Solutions to India
  14 September 2024, indianretailer.com
  The Original Bed Co. (TOBC), a UK-based brand known for its customizable and high-quality beds, is expanding into the Indian retail market. With a focus on personalized craftsmanship, the company aims to meet the growing demand for bespoke beds in Indian homes…
• Kalyan Jewellers Opens Revamped Showroom on MG Road in Indore
  14 September 2024, indianretailer.com
  Kalyan Jewellers, one of India’s largest jewellery retailers, has launched its newly redesigned showroom on MG Road in Indore. This revamped location, part of Kalyan’s ongoing retail expansion in India, was inaugurated by Bollywood star Ranbir Kapoor…
• Britannia Industries Launches AI-Powered Recipe Platform in India
  14 September 2024, retail.economictimes.indiatimes.com
  Britannia Industries, in collaboration with Google Cloud, WPP’s media company Mindshare, and global creative company VML, has introduced Britannia BourbonIT, an AI-driven platform aimed at revolutionizing recipe creation and culinary experiences in India…
• Real Estate Developers Urge GST Framework Overhaul For Real Estate
  13 September 2024, rprealtyplus.com
  CREDAI-MCHI, the apex body representing the real estate industry in the Mumbai Metropolitan Region (MMR), has called for a comprehensive review of the Goods and Services Tax (GST) framework affecting the real estate sector…
• Quick commerce war expands into battle for leadership talent
  13 September 2024, retail.economictimes.indiatimes.com
  Poaching is rampant and Rs 2-3 crore salaries plus millions in stocks are on offer for top talent as the likes of Swiggy Instamart, Zepto, Blinkit and Flipkart focus on beefing up their leadership teams in the face of intensifying competition, recruiters and industry folks said…
• Personal audio product sales rise amid new-found passion for podcasts, audio series
  13 September 2024, retail.economictimes.indiatimes.com
  Indians’ growing interest in podcasts and audio series has driven sales of personal audio products like headsets and Bluetooth speakers, despite a slowdown in the electronics industry. The market for personal audio devices has seen significant growth, with true wireless headsets and neckbands leading the segment. Rising disposable incomes and affordable device options are contributing to this trend…
• Growel Group introduces pet food brand Carniwel, to invest Rs 100 crore over next 3 years
  13 September 2024, retail.economictimes.indiatimes.com
  Currently, the brand has launched 42 SKUs and plans to expand it to up to 98 SKUs by this fiscal year’s end…
• Paytm aims for profitability with ‘compliance-first’ approach: Vijay Shekhar Sharma at AGM
  13 September 2024, retail.economictimes.indiatimes.com
  Paytm founder Vijay Shekhar Sharma announced at the company’s 24th annual general meeting that they aim to achieve profitability soon. The company will strictly adhere to regulatory guidelines and adopt a compliance-first approach. Paytm plans to expand its merchant network and build cross-sell capabilities around financial services like loans, mutual funds, and insurance products…
• Bengaluru’s Origin Set to Disrupt India’s $2.8 Bn Quick Commerce with Fresh Produce and 40 Dark Stores
  13 September 2024, retail.economictimes.indiatimes.com
  Reliance Retail Ventures Limited, a leading player in the Indian retail sector, has announced a strategic 50/50 joint venture with Delta Galil Industries, Ltd., a global manufacturer and marketer of branded and private label apparel…
• Half of respondents plan higher spend online during festive season: Survey
  13 September 2024, retail.economictimes.indiatimes.com
  “Nearly 50 per cent of respondents who intend to shop online, stated they would spend more on online festive shopping compared to last year. This trend cuts across metros (55 per cent) and tier-2 cities (43 per cent in cities with 10-40 lakh population),” the report said…
• Zara to offer its secondhand clothes service in US by October
  13 September 2024, retail.economictimes.indiatimes.com
  Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the end of October as a way of prolonging their life cycle and reducing waste, its owner Inditex said on Wednesday…
• Fabindia collaborates with MoMSME to promote products of artisans
  13 September 2024, retail.economictimes.indiatimes.com
  Fabindia has partnered with the Ministry of Micro, Small, and Medium Enterprises under the PM Vishwakarma Scheme to support traditional Indian artisans. The collaboration aims to promote artisan products, provide financial support, skill development, and marketing assistance, enhancing their market reach through Fabindia’s retail network…
• FSSAI asks States to maintain strict vigil ahead of the festival season
  13 September 2024, thehindubusinessline.com
  Directs state food safety commissioners and regional directors to ramp up enforcement and surveillance drives for sweets, savouries and milk-related products including khoya and paneer…
• McDonald’s extends $5 deal through December to keep customers coming
  13 September 2024, retail.economictimes.indiatimes.com
  McDonald’s introduced the deal in June after a disappointing first quarter that saw fewer U.S. visits and lower spending per order, particularly from customers earning less than $45,000 per year. The $5 Meal Deal includes a McDouble burger or McChicken sandwich, small fries, a four-piece Chicken McNuggets and a small drink…
• Retail inflation rises a tad to 3.65% in August; factory output increases
  13 September 2024, retail.economictimes.indiatimes.com
  Retail inflation in India rose slightly to 3.65% in August, driven by higher food prices, but remained below the Reserve Bank of India’s target. Industrial output increased by 4.8% in July, supported by growth in manufacturing and capital goods. Experts warn of potential risks from weather conditions affecting food inflation…
• Zara Opens New 36,000-Square-Foot Store at Phoenix Mall of Asia in Bengaluru
  13 September 2024, indianretailer.com
  Zara has unveiled its latest store at Phoenix Mall of Asia in Bengaluru, marking the brand’s 24th store in India. The new retail space spans over 36,000 square feet, located on the mall’s first floor…
• 10 Best White Wine Brands in India: A Comprehensive Guide
  13 September 2024, indianretailer.com
  White wine is becoming increasingly popular in India as more people discover its refreshing taste and versatility in pairing with Indian cuisine. Whether you’re an experienced wine enthusiast or just beginning to explore, this…
• Britannia Industries Launches AI-Powered Recipe Platform in India
  13 September 2024, indianretailer.com
  Britannia Industries, in collaboration with Google Cloud, WPP’s media company Mindshare, and global creative company VML, has introduced Britannia BourbonIT, an AI-driven platform aimed at revolutionizing recipe creation and culinary experiences in India…
• Fabindia Partners with Government to Promote Artisan Crafts Across India
  13 September 2024, indianretailer.com
  Fabindia, a leading lifestyle brand in India, has entered into a strategic collaboration with the Ministry of Micro, Small, and Medium Enterprises (MoMSME) under the Government of India’s PM Vishwakarma Scheme, launched on September 17, 2023…
• Best Diwali Gifting Ideas for Employees: Delight Your Team with Thoughtful Gifts
  13 September 2024, indianretailer.com
  Diwali, the festival of lights, is a time for celebration, joy, and togetherness. It’s also a great chance for employers to appreciate their employees with thoughtful gifts. However, selecting the perfect Diwali gift can be tough, especially when working with a budget…
• Archies Expands into Quick Commerce and Global Markets
  13 September 2024, indianretailer.com
  Archies, a well-established name in the social expression industry for decades, is navigating a significant transition as it adapts to the evolving retail landscape in India…
• Diageo India and BharatCares Launch WASH Projects in Meghalaya Schools
  13 September 2024, indianretailer.com
  Diageo India (United Spirits Ltd.), in collaboration with BharatCares, has initiated Water, Sanitation, and Hygiene (WASH) projects in two schools in Meghalaya—Seng Khasi Upper Primary School in Mawlai Khasi Hills and Soso Tham Memorial School in Lawsohtun…
• NEWME Sets New Standard in Fast Fashion with 90 Minutes Delivery
  13 September 2024, indianretailer.com
  NEWME, a notable name in the fast fashion sector in India, has announced a significant advancement with the launch of its 90-minute delivery service. This move positions NEWME as the first and only brand in the fast…
• Brigade Group’s Buzzworks Forays In Hyderabad
  12 September 2024, rprealtyplus.com
  Brigade Group has announced the launch of its premium flexible and managed workspace solution, BuzzWorks, in Hyderabad at Auro Orbit in the heart of HITEC City…
• India outpaces China, becomes 2nd-biggest market for Pernod Ricard amid premium push, says CEO
  12 September 2024, retail.economictimes.indiatimes.com
  India has surpassed China to become the second-largest market by sales for French distiller Pernod Ricard, driven by a growing affluent population and higher sales of premium brands. The company controls a significant share of India’s whiskey market and continues to invest in expanding its presence in the country…
• Metavisio-Thomson India to buy into New Shop after $150 million distribution deal
  12 September 2024, retail.economictimes.indiatimes.com
  Metavisio-Thomson’s India unit is acquiring a minority stake in New Shop, a convenience retail chain. The deal, valued at $125-$150 million, involves setting up 120 flagship stores in two and three-tier markets. New Shop is also acquiring the 24Seven grocery chain from Godfrey Phillips. The partnership aims to expand their product portfolio and presence across India…
• Relaxo enters Morocco market; eyes double-digit growth for next 5 years
  12 September 2024, retail.economictimes.indiatimes.com
  Currently, exports contribute 5 per cent to Relaxo’s overall business. The company eyeing double-digit growth for the next 5 years…
• Purplle clocks 43% rise in FY24 revenue to Rs 680 crore, trims loss by 46%
  12 September 2024, retail.economictimes.indiatimes.com
  Purplle’s consolidated net loss narrowed by 46% to Rs 124 crore from Rs 230 crore a year ago. Total expenses grew to Rs 850 crore in FY24 from Rs 738 crore a year earlier. A significant amount of the expenditure was attributed to employee benefit expenses which rose to Rs 191 crore from Rs 170 crore…
• Consumer staples suppliers see stable prices this festive season
  12 September 2024, retail.economictimes.indiatimes.com
  Dealers and distributors are not stocking these commodities, which they generally do during the festive season, as the supply side is strong and they are lifting stock according to the requirement…
• Former Trai chief RS Sharma becomes ONDC chairperson
  12 September 2024, retail.economictimes.indiatimes.com
  RS Sharma, former TRAI chief and NHA CEO, has been appointed as the non-executive chairperson of the Open Network for Digital Commerce (ONDC). The ONDC aims to digitize the value chain and promote open networks. Sharma’s extensive experience in IT and administrative reforms is expected to boost open commerce between entities…
• 60% consumers plan to boost online shopping budgets this festive season: Meesho survey
  12 September 2024, retail.economictimes.indiatimes.com
  In terms of sellers, the report said that 65 per cent of sellers are preparing for the festive season by launching new products, while others are adding new categories and investing in seller ads…
• Zara owner Inditex’s strong autumn sales offset first-half growth slowdown
  12 September 2024, retail.economictimes.indiatimes.com
  Fashion retailer reported a 10% rise in first-half profit as sales increased 7.2%, at a slower pace than last year but in line with analysts’ forecasts of tougher times for fashion retailers in Europe, partly due to wetter-than-expected weather in early summer…
• ‘Rural is becoming accretive to FMCG growth in recent months’, says Ritesh Tiwari, CFO, HUL
  12 September 2024, financialexpress.com
  Hindustan Unilever’s (HUL’s) chief financial officer (CFO) Ritesh Tiwari believes that categories such as beauty, foods & health and wellbeing as well as rural markets will drive growth for players in the domestic fast-moving consumer goods (FMCG) industry going ahead…
• LuLu Hypermarket to come up in three metro stations
  12 September 2024, retail.economictimes.indiatimes.com
  The Hypermarkets are coming up at a time when metrorail’s daily average ridership has touched three lakhs for the first time since the metro train services commenced in the city in June 2015. But the average daily patronage is still only 39% of the initial estimated ridership. With the opening of the Hypermarkets, CMRL expects more people to use metro trains for shopping…
• McDonald’s rolls out kiosks that take cash, pushing diners away from cashiers
  12 September 2024, retail.economictimes.indiatimes.com
  McDonald’s is advancing towards a future with minimal human cashiers by introducing new digital ordering stations in the US. These stations, which can handle cash transactions and provide change, aim to reduce reliance on cashiers. Although human workers will remain in roles like food delivery and customer service, the new setup encourages customers to use kiosks or mobile apps, thus speeding up service and improving accuracy…
• See beyond the numbers, grow beyond limits with PerceptInsight
  12 September 2024, retail.economictimes.indiatimes.com
  Imagine you are addressing a meeting to delve into stagnating, or worse, declining monthly repeat rates. An eager team member suggests re-launching the marketing campaign, citing past success in reviving dormant users…
• Limited Edt Strengthens Presence in Asia with Entry Into Indian Market
  12 September 2024, indianretailer.com
  The streetwear and sneaker culture has seen remarkable growth globally, and India is no exception. With the fashion industry increasingly focusing on comfort and convenience, this trend has gained significant traction in the Indian retail market…
• New Balance Expands Retail Footprint in India with Jalandhar Store Opening
  12 September 2024, indianretailer.com
  New Balance, known for its high-quality craftsmanship and comfort, continues its retail expansion in India with the launch of its first store in Jalandhar, located in the bustling Model Town Market…
• Mila Beauté Enhances Retail Strategy with New VP Shailendra Gaur
  12 September 2024, indianretailer.com
  Mila Beauté, an Indian beauty brand with a global outlook, has announced the appointment of Shailendra Gaur as its new Vice President of Retail. In his new role, Shailendra will lead the brand’s retail growth and oversee…
• Discover Top 7 Luxury Chocolates Brands in India: Savor the Finest
  12 September 2024, indianretailer.com
  Let’s all admit that it’s hard to say no to luxury chocolate. Not only do kids like them, but so do the elderly. Did you know that chocolate may also improve our mood? Chocolates have the ability to increase serotonin production…
• Fruit of the Loom Partners with Bradford License India in the Indian Market
  12 September 2024, indianretailer.com
  Fruit of the Loom, the iconic American apparel brand, has partnered with Bradford License India to bring its unique blend of affordable quality, comfort, and style to Indian consumers through strategic licensing partnerships…
• Karnataka Prepares for Invest Karnataka 2025 with Focus on Inclusive Growth
  12 September 2024, indianretailer.com
  Karnataka is gearing up for its next big investment event, Invest Karnataka Summit 2025 (Global Investors Meet 2025), aimed at driving growth in India’s industrial and retail sectors…
• Bengaluru’s Origin Set to Disrupt India’s $2.8 Bn Quick Commerce with Fresh Produce and 40 Dark Stores
  12 September 2024, indianretailer.com
  Bengaluru’s very own Origin, India’s first-ever fresh produce brand, has officially launched, promising lightning-fast delivery of over 250 varieties of fruits, veggies, herbs, and exotic produce — all within just 12 hours of harvest!…
• Bhakti Modi takes charge as CEO of Reliance Retail’s omni-channel beauty platform Tira
  11 September 2024, retail.economictimes.indiatimes.com
  Bhakti Modi, daughter of Mukesh Ambani’s key associate Manoj Modi, has been handling strategy and execution as part of the leadership team at Reliance Retail as a cofounder since its official launch by Isha Ambani in April 2023. She was involved in strategy and new business initiatives for a while at Reliance Retail…
• Impresario expanding with tech-driven innovation, aims to open 100 outlets of SOCIAL in next 4-5 years
  11 September 2024, retail.economictimes.indiatimes.com
  Impresario Entertainment & Hospitality is expanding its presence in tier 2 and tier 3 cities with a tech-first approach. The company aims to grow its SOCIAL network to 100 outlets in the next 4-5 years, leveraging technology, cultural relevance, and resilience. It also plans to expand cloud kitchen models and delivery-only concepts to meet rising demand and cater to new-age tech-savvy consumers…
• Lulu Group aims to up agri sourcing from India to Rs 15,000 crore in two years, says CMD
  11 September 2024, retail.economictimes.indiatimes.com
  Lulu Group from the UAE plans to raise its Indian agricultural procurements to Rs 15,000 crore over the next two years. With a special focus on organic goods, the company aims for Rs 2,000 crore annually. Investments include a logistics hub in Noida and an almost complete food plant in Kashmir…
• 10-min food delivery to grab 20% of food-tech market, says Curefoods’ Ankit Nagori
  11 September 2024, retail.economictimes.indiatimes.com
  “I wouldn’t be surprised if 10-20% of the entire food-tech industry adopts the 10-minute model within the next 18 months. This could very well be the future of how we eat.”..
• GIRS: Unlock the next big wave of retail at 2nd edition of GIRS on Feb 20-21, 2025 in Mumbai
  11 September 2024, retail.economictimes.indiatimes.com
  The highlight of the 2-day GIRS summit will be 200+ speakers, 1000+ attendees, 50+ exhibitors, and 500+ brands. The agenda of GIRS 2025 (Great India Retail Summit) revolves around the theme ‘Retail Futurescape: Creating Tomorrow’s Possibilities’ providing endless opportunities to shape the future of retail. Unlock the next big wave of retail…
• Archies betting big on quick commerce platforms; plans global expansion
  11 September 2024, retail.economictimes.indiatimes.com
  Archies, a major player in gifts and greeting cards, aims to triple its sales to Rs 15-18 crore through quick-commerce platforms by this fiscal end. The company plans global expansion into the Middle East, UK, Canada, and Southeast Asia while also opening new stores in North India and boosting online presence…
• Barkha Singh on crafting her brand: Navigating content, celebrity endorsements, and entrepreneurship
  11 September 2024, retail.economictimes.indiatimes.com
  ​Singh’s journey in brand endorsements reflects the changing dynamics of media. “When I used to do television, the only choice I had was whether to do or not do the ad. Brands mostly relied on print and TV, and as an actor, it was about taking what came your way,” she explained. With the rise of digital platforms, that equation has shifted significantly…
• This Diwali, quick comm comes bearing gifts; platforms partner FMCG brands for special packs, offers, ads
  11 September 2024, retail.economictimes.indiatimes.com
  Quick commerce companies are collaborating with FMCG brands like Parle, Mondelez, and ITC for the festive season. They are aiming to boost inventory levels by 60% and offer special packs and promotions on chocolates, sweets, dry fruits, and cookies. The platforms are also partnering with consumer electronics companies for kitchen appliances and personal care products…
• Swiggy takes Instamart to 43 cities ahead of festive season
  11 September 2024, retail.economictimes.indiatimes.com
  “The enthusiastic demand from smaller towns and cities has been incredibly encouraging. Our expansion into these new locations marks a significant milestone, allowing even more people to experience the ease of having thousands of products-from everyday essentials to electronics delivered in just 10 minutes from both national and local brands,” said Amitesh Jha, chief executive officer of Swiggy Instamart…
• Jaimin Gupta acquires majority stake in Gujarat-based Aarvee Denims and Exports
  11 September 2024, retail.economictimes.indiatimes.com
  “The open offer is being made by the acquirer along with the Person Acting in Concert (PACs) for acquisition of up to 60.99 lakhs shares, constituting 26% ol the equity share capital of the target company, at a price of Rs41 per share,” it said in a BSE filing…
• Retail, consumer CEOs see shorter tenures as boards act more quickly
  11 September 2024, retail.economictimes.indiatimes.com
  CEOs in retail and consumer goods sectors face shorter tenures as corporate boards act faster to replace them. Driven by increased investor activism and the need for rapid innovation, boards are making swift changes to signal improvement. The trend highlights a lack of patience at the board level, aiming for quick results…
• Rajnish Wellness to invest Rs 50 cr to open 33 new stores
  11 September 2024, retail.economictimes.indiatimes.com
  “Our company has ambitious plans to establish 33 shops which align with our vision of providing accessible and affordable healthcare solutions to people across India. These shops will operate on a much larger scale than traditional supermarkets, making them a valuable asset for our company in the years to come,” said Rajnish Kumar Singh, Promoter of Rajnish Wellness…
• Xiaomi India appoints former Motorola boss Sudhin Mathur as new COO
  11 September 2024, retail.economictimes.indiatimes.com
  Xiaomi India has appointed Sudhin Mathur, former Motorola India head, as chief operating officer as it marks a decade in the country. Mathur will play a key role in shaping and executing Xiaomi’s strategic vision to maintain growth momentum and achieve business goals, according to a company statement…
• Smartphone retailers request price parity to Apple, Samsung and other phone brands
  11 September 2024, retail.economictimes.indiatimes.com
  Mobile phone retail chains in South India have requested smartphone brands to maintain price parity between online and offline stores during the festive season. The South India Organised Retailers Association, representing 21 chains, emphasized that fair pricing would benefit brands, retailers, and customers alike by promoting fairness and enhancing the overall customer experience…
• Cobb Apparels Expands Retail Footprint with 600th Store Opening in Jammu
  11 September 2024, indianretailer.com
  Cobb Apparels, a leading garment retail brand and exporter, has reached a significant milestone with the opening of its 600th store in India. The new location, situated in Bari Brahmana, Jammu, marks the latest expansion in Cobb Apparels’ growing retail presence across the country…
• Reliance Retail and Delta Galil Forge Strategic Apparel Partnership in India
  11 September 2024, indianretailer.com
  Reliance Retail Ventures Limited, a leading player in the Indian retail sector, has announced a strategic 50/50 joint venture with Delta Galil Industries, Ltd., a global manufacturer and marketer of branded and private label apparel…
• Ingka Centres to invest Rs 5,500 crore to open Lykli in Noida, generate 9,000 plus jobs
  11 September 2024, indianretailer.com
  IKEA is also planning to start online retailing in Delhi/ NCR from 2025 onwards…
• ONDC Appoints R.S. Sharma as Non-Executive Chairperson
  11 September 2024, indianretailer.com
  The Open Network for Digital Commerce (ONDC) has announced the appointment of Dr. R.S. Sharma as the Non-Executive Chairperson. This move is expected to accelerate the adoption and expansion of ONDC within the retail sector in India…
• Lykli Noida’s Rs 5,500 Crore Retail Wonderland: 9,000 Jobs and IKEA Magic!
  11 September 2024, indianretailer.com
  Noida’s skyline is about to change, and it’s not just another regular shopping centre. It’s Lykli, the second “meeting place” from Ingka Centres, part of the Ingka Group, which also owns IKEA…
• PN Gadgil Jewellers Secures Rs 330 Cr from Anchor Investors Ahead of IPO
  11 September 2024, indianretailer.com
  PN Gadgil Jewellers Ltd announced that it has successfully raised Rs 330 crore from anchor investors, just a day before its initial public offering (IPO) opens for public subscription…
• Mohali Walk Elevates Entertainment with New PVR INOX 7-Screen Multiplex
  11 September 2024, indianretailer.com
  Mohali Walk, located in Sector 62, Mohali, has elevated the city’s entertainment landscape with the grand launch of PVR INOX’s state-of-the-art 7-screen multiplex…
• Phoenix Mall Celebrates Milestone Year with Zara Launch and Dining Hub
  11 September 2024, indianretailer.com
  Phoenix Mall of the Millennium is celebrating its first anniversary, highlighting a year of incredible success and rapid growth. Over the past year, the mall has grown to include 280 stores, with plans to expand to 300 by…
• boAt Expands Smartwatch Portfolio with Storm Call 3 Plus
  11 September 2024, indianretailer.com
  boAt, India’s leading audio and wearables brand and the world’s second-largest, introduces the Storm Call 3 Plus, a premium smartwatch designed to combine style with advanced technology…
• RENÉE Cosmetics Unveils ‘RENÉE Everyday’—A Skincare-Infused Makeup Collection
  11 September 2024, indianretailer.com
  RENÉE Cosmetics, a prominent name in India’s beauty and skincare industry, has launched its latest makeup collection, RENÉE Everyday. This innovative range merges skincare and beauty, offering a fresh, effortless look that complements daily self-care routines…
• Reliance in pact with Israeli apparel company Delta Galil
  10 September 2024, retail.economictimes.indiatimes.com
  Reliance has partnered with Israeli firm Delta Galil to form a joint venture for designing and selling lingerie in India. This collaboration will compete with Page Industries, known for brands like Jockey. The venture will also introduce Delta’s global brands to the Indian market, expanding Reliance’s already significant presence in the innerwear segment…
• Ingka Centres to invest Rs 5,500 crore to open Lykli in Noida, generate 9,000 plus jobs
  10 September 2024, retail.economictimes.indiatimes.com
  IKEA is also planning to start online retailing in Delhi/ NCR from 2025 onwards…
• ETRetailCafe: Modi Enterprises’ Samir Krishan Modi on his mantras of success
  10 September 2024, retail.economictimes.indiatimes.com
  Samir Krishan Modi shares that nothing remains constant. He highlighted the importance of employees, innovation, and tech in redefining the success of the company…
• Footwear manufacturer Mochiko to double production capacity with Rs 300-400 cr investment
  10 September 2024, retail.economictimes.indiatimes.com
  Talking to ETRetail, Ganguly shared that the company is building a large facility for Mochiko in Noida which is expected to become operational in the next 2 months, followed by another production unit in South India in the next 6-8 months. Ganguly added that the company will invest Rs 300 – 400 crore in building these capacities…
• Carrefour teams up with Dubai’s Apparel Group to expand into India
  10 September 2024, retail.economictimes.indiatimes.com
  The partnership will be aimed at North India initially, with further expansion planned across the country and the first store openings expected in 2025, Carrefour said on Friday…
• As HUL reviews ice-cream biz, cos line up for a scoop
  10 September 2024, retail.economictimes.indiatimes.com
  Hindustan Unilever has set up a committee of independent directors to evaluate the future of its ice-cream business, sparking interest from companies like RJ Corp, MMG Group, and Nestle. Brands such as Kwality Wall’s and Magnum contribute about 3% to HUL’s annual sales of over ₹60,000 crore…
• iPhone 16 series to help Apple touch record 8% share in 2024 in India, say market trackers
  10 September 2024, retail.economictimes.indiatimes.com
  Apple has unveiled the iPhone 16 series at its Glowtime event, featuring Apple Intelligence for enhanced AI capabilities. The new models are expected to attract users upgrading from older versions. Despite unchanged prices, the launch is seen as crucial for Apple’s market share in India, particularly in the premium segment..
• Expect India to be among Amway’s top three global markets in five years: Country MD Rajneesh Chopra
  10 September 2024, retail.economictimes.indiatimes.com
  Amway aims to make India one of its top three global markets within five years, investing USD 4 million in four new R&D centers. The company plans to expand its customer base from 2 million to 5 million and develop products for Southeast Asia. Amway is committed to adhering to Indian laws and contributing to the Make in India initiative…
• Carlyle hires Ex-Bajaj Electricals CEO Anuj Poddar
  10 September 2024, retail.economictimes.indiatimes.com
  Carlyle has appointed Anuj Poddar, former CEO of Bajaj Electricals, as head of global portfolio solutions for Asia. Poddar will collaborate with Carlyle Asia’s investment advisory teams and leaders to drive transformational change and performance in portfolio companies. He will be based in Mumbai…
• India inflation likely held steady at five-year low of 3.50% in August: Reuters poll
  10 September 2024, retail.economictimes.indiatimes.com
  Indian consumer inflation probably held below the Reserve Bank of India’s 4.0% medium-term target for a second month in August thanks to a moderation in food price rises due to last year’s high base, a Reuters poll of economists found…
• Daewoo enters home appliances segment to expand share in Indian market
  10 September 2024, retail.economictimes.indiatimes.com
  “The small home appliance market in India is enormous, with room for everyone. Consumers have gradually shifted towards high-quality products that come with reliable after-sales services and warranties,” said H S Bhatia, Managing Director of Daewoo India…
• Jaypore Opens New Store in Guwahati, Showcasing Artisanal Craftsmanship
  10 September 2024, indianretailer.com
  Jaypore, a celebrated name in India’s artisanal and handcrafted retail space, has officially launched its newest store in Guwahati on GS Road. Known for curating an exquisite collection of artisanal apparel, home…
• Stove Kraft Unveils Multi-Functional Pigeon AirFusion Air-Fryer Rotisserie Oven
  10 September 2024, indianretailer.com
  Stove Kraft, a leader in home and kitchen solutions, has unveiled its latest innovation—the Pigeon AirFusion Air-Fryer Rotisserie Oven. This versatile appliance combines the functions of an air fryer, oven, toaster, and grill (OTG), with advanced rotisserie features, all packed into a compact and sleek design…
• Carrefour Re-enters Indian Retail Space in Collab with Apparel Group
  10 September 2024, indianretailer.com
  France’s largest supermarket operator, Carrefour, is making a return to the Indian retail market through a franchisee partnership with Dubai-based Apparel Group…
• Shoppers Stop Unveils Its Pujo Collection at South City Mall Fashion Show
  10 September 2024, indianretailer.com
  Shoppers Stop, India’s leading omnichannel destination for premium fashion, beauty, and gifting, launched its much-anticipated Pujo Collection in a spectacular fashion show at South City Mall, Kolkata…
• Lulu Mall Kozhikode Opens, Marks New Era of Modernization in Kerala
  10 September 2024, indianretailer.com
  UAE-based multinational conglomerate Lulu Group has officially opened its latest shopping destination in Kozhikode, marking a significant milestone in the region’s development…
• Acer’s Project DualPlay Sets New Standards for Gaming Laptop Design
  10 September 2024, indianretailer.com
  Acer has unveiled its latest concept, the Project DualPlay gaming laptop, during the next@acer global press conference in Berlin, Germany. Designed for the growing gaming community, this Predator series concept aims to…
• Jockey Targets Gen Z with Refreshed ‘Nothing Fits Better’ Campaign
  10 September 2024, indianretailer.com
  Page Industries, the exclusive licensee of JOCKEY International Inc continues to push the growth of Jockey’s men’s innerwear segment in India, with a renewed focus on younger audiences, particularly Gen Z…
• Philips Appoints Bharath Sesha as Managing Director for Indian Subcontinent
  10 September 2024, indianretailer.com
  Philips, a global leader in healthcare technology, announced on Monday that Bharath Sesha has been appointed as the Managing Director (MD) for the Indian subcontinent, effective from September 1, 2024…
• Nykaa Strengthens Leadership with Sukhleen Aneja as Business Head for Kay Beauty
  10 September 2024, indianretailer.com
  In a strategic move to bolster its celebrity beauty brand, Kay Beauty, India’s leading beauty and fashion retailer, Nykaa, has appointed Sukhleen Aneja, former CEO of Good Brands Co (part of the Good Glamm Group), as the new Senior Vice President and Business Head…
• Aurea Expands Portfolio with The Body Shop Acquisition
  10 September 2024, indianretailer.com
  Auréa, the growth capital firm co-founded by Mike Jatania and Paul Raphaël, has announced the completion of its acquisition of The Body Shop, a pioneering brand in ethical beauty. The acquisition reflects Auréa’s commitment to investing in purpose-led, differentiated brands, particularly in the Beauty, Wellness, and Longevity sectors…
• Evaluating the ROI of Experience Studios in the Retail Sector
  10 September 2024, indianretailer.com
  Experience studios are specialized retail spaces designed to offer customers a tangible, immersive interaction with products and services. Unlike traditional retail environments, experience studios focus on creating an…
• E-commerce and Jewelry: Navigating the Online Retail Landscape
  10 September 2024, indianretailer.com
  The retail industry has undergone a significant transformation with the rise of e-commerce, and the jewelry sector is no exception. In 2023, global e-commerce sales in the jewelry market reached approximately $250 billion, a figure expected to grow by 8 percent annually…
• Zepto Drives Ganesh Chaturthi Sales with a Surge in Festive Treats and Eco-Friendly Idols
  10 September 2024, indianretailer.com
  Zepto, India’s rapidly expanding consumer internet company, is reshaping how families across the country celebrate Ganesh Chaturthi. With a sharp rise in sales, the company has reported selling 1,500 ready-made modaks per hour, along with a steady 500 modak moulds per hour…
• Apple’s Reveals iPhone 16, iPhone 16 Pro, Apple Watch Series 10, AirPods 4 and more Next-Level Tech for 2024
  10 September 2024, indianretailer.com
  Apple’s annual Glow event once again showcased the brand’s ability to blend cutting-edge technology with sleek design. CEO Tim Cook opened the event with a speech that celebrated Apple’s ongoing commitment to innovation, sustainability, and user-centric features…
• County Group Secures Development Rights Of 7.9-Acre In Gurugram
  09 September 2024, rprealtyplus.com
  Delhi-NCR-based County Group has secured development rights of a 7.9-acre land parcel in Gurugram for Rs 105 crore from Brock Developers Private Limited and Ashiana Landcraft Realty Private Limited, according to documents accessed by CRE Matrix, a real estate analytics firm…
• Made-in-India iPhone 16 to become available globally within days of sales launch
  09 September 2024, retail.economictimes.indiatimes.com
  Foxconn has commenced production of the iPhone 16 series in India, to be exported and made available in multiple cities and countries, officials said…
• Snacking while binge-watching? OTTs, brands smell opportunity
  09 September 2024, retail.economictimes.indiatimes.com
  Snack brands are partnering with streaming platforms like Netflix, Amazon Prime Video, and Disney Hotstar to offer co-branded packs tailored for binge-watching. Brands such as 4700BC, KitKat, Cornitos, and Pringles are launching these products to target the growing number of OTT users in India…
• Tata Starbucks brewing innovation in a tea-drinking nation, expands with experiential store
  09 September 2024, retail.economictimes.indiatimes.com
  In an interaction with ETRetail, Sushant Dash, CEO of Tata Starbucks, said, “We have nearly doubled our stores in the last three years, and we will continue to expand further.” The growth will be driven by diverse store formats, including drive-throughs, metro outlets, and airport locations, catering to the evolving needs of consumers. “The fundamental idea will remain the same,” he added, emphasizing the brand’s consistent focus on customer experience…
• Not so fast, quick com(m)-rades
  09 September 2024, retail.economictimes.indiatimes.com
  Two Stanford dropouts, Kaivalya Vohra and Aadit Palicha, have become the youngest Indian billionaires with their quick commerce venture, Zepto. Despite rapid growth, the long-term profitability of such businesses remains uncertain. The competitive landscape challenges established retailers, but the sustainability of high margins is questionable…
• QSR industry focus: Dine-in channel growth remains muted on weakness in SSSG; Zomato, Swiggy fragmenting market share
  09 September 2024, financialexpress.com
  Even as quick-service restaurants (QSR) rapidly expanded their store count after a strong recovery post Covid, the industry is currently witnessing sluggishness on the back of demand slowdown and a challenging macroeconomic environment…
• UAE’s Lulu Group unveils plans for $480 million Mall in Ahmedabad, will create 3,000 jobs
  09 September 2024, livemint.com
  MA Yusuff Ali, CMD of the Lulu Group International, is happy about the UAE-based retailer’s plans to invest in India, ANI reported on September 8. Lulu Group is set to build what is being billed as “India’s largest shopping mall” in Ahmedabad, Gujarat…
• Ice-cream start-ups scoop up funding, heat up action with different serves
  09 September 2024, thehindubusinessline.com
  Cool new flavours and start-ups with unique business models were seen at the recently concluded Indian Ice Cream Expo in Gandhinagar. Take Ice Cream Junction, a niche ice-cream brand floated recently by the Choudhary brothers from Pali in Rajasthan…
• Ikea to launch smaller stores
  09 September 2024, financialexpress.com
  Ikea, the world’s largest furniture retailer known for its signature warehouse-style stores across markets, is now looking at a compact store format of around 30,000-40,000 square feet in the country…
• App-first Gen Z scripting big shifts in consumption trends: Bernstein report
  09 September 2024, retail.economictimes.indiatimes.com
  Indian Gen Zs are the world’s largest, the report said about the cohort born into a digital age, that shops, works and eats online. Gen Z is the generation born between 1996 and 2010…
• Primark Eyes Expansion into UAE Retail Market
  09 September 2024, indianretailer.com
  International fashion retailer Primark is poised to enter the UAE retail sector. Alshaya Group, a leading international retail franchise operator, announced a strategic partnership with the British brand to explore store openings in the Middle East…
• Managing Supply Chain Disruptions in the FMCG Sector
  09 September 2024, indianretailer.com
  In the bustling landscape of India’s Fast Moving Consumer Goods (FMCG) sector, where demand changes rapidly and competition is fierce, maintaining a consistent supply of goods to consumers is a significant challenge. The total revenue of the FMCG market is expected to grow at a CAGR of 27.9 percent through 2021–27, reaching nearly $ 615.87 billion…
• Mokobara Opens Third Mumbai Outlet, Strengthens Nationwide Presence
  09 September 2024, indianretailer.com
  Travel and lifestyle brand Mokobara has taken another significant step in its retail expansion with the launch of its third store in Mumbai, located at Nexus Seawoods, further solidifying its presence in the city…
• McDonald’s Taps AI for a Personalized Signature Collection Experience
  09 September 2024, indianretailer.com
  McDonald’s India – North and East has introduced its new “Signature Collection,” a range of gourmet burgers aimed at the growing premium segment. With this new lineup, the brand seeks to elevate the quick-service restaurant (QSR) experience, setting a higher standard for quality and flavor…
• Barbie Partners with Reebok for New Collection Inspired by the Dream Gap Project
  09 September 2024, indianretailer.com
  Reebok has teamed up with Mattel’s iconic Barbie brand to unveil a new creative campaign and a comprehensive footwear and apparel collection, celebrating Barbie’s 65th Anniversary…
• The Body Shop Collaborates with Diana Penty for Festive Vitamin C Skincare Campaign
  09 September 2024, indianretailer.com
  The Body Shop, the esteemed British-born ethical beauty brand, has announced a new collaboration with Indian model and actress Diana Penty to highlight its acclaimed Vitamin C skincare range. This partnership focuses on a straightforward skincare routine designed to deliver a natural, radiant glow just in time for the festive season…
• What Makes Starbucks India’s First Experiential Store a Game-Changer for Coffee Lovers
  09 September 2024, indianretailer.com
  Starbucks India has always been synonymous with coffee excellence, innovation, and a seamless customer experience. This year, the iconic brand has taken a bold new step in elevating the coffee culture in the country…
• Evaluating the ROI of Experience Studios in the Retail Sector
  09 September 2024, indianretailer.com
  Experience studios are specialized retail spaces designed to offer customers a tangible, immersive interaction with products and services. Unlike traditional retail environments, experience studios focus on creating an environment where customers can visualize and engage with the product in a way that goes beyond simple browsing…
• Partnering with like-minded brands builds trust and expands our reach: Shreedha Singh of TAC
  09 September 2024, indiaretailing.com
  The inspiration behind The Ayurveda Co. (TAC) comes from Shreedha Singh’s battle with Urticaria, a persistent skin condition she struggled with for nearly three years, trying countless remedies without success…
• Godfrey Phillips shareholders OK appointment of Bina Modi as MD
  07 September 2024, retail.economictimes.indiatimes.com
  Bina Modi has been reappointed as managing director of Godfrey Phillips India as she got the required 75% of the company’s shareholders to vote in her favour at the culmination of the company’s annual general meeting on Friday, as per a stock exchange disclosure…
• HUL forms panel of independent directors to evaluate prospects of ice cream biz
  07 September 2024, retail.economictimes.indiatimes.com
  Hindustan Unilever Ltd’s board has decided to form a panel of independent directors to evaluate the prospects of its ice cream business. This follows Unilever PLC’s earlier announcement to separate its global ice cream business. The committee will make recommendations to the board, which will then consider the matter in future meetings…
• Nykaa appoints Sukhleen Aneja to drive Kay Beauty growth
  07 September 2024, retail.economictimes.indiatimes.com
  Adwaita Nayar, executive director Nykaa, CEO Nykaa Fashion and head of owned brands said, “We are delighted to welcome Sukhleen Aneja to the Nykaa Family to lead the Kay Beauty and Nyveda businesses. Sukhleen’s extensive experience in building customer-centric brands will be invaluable as we up our ambition on both brands. For Kay Beauty specifically, her strategic vision, along with Katrina’s marketing mind and might, will enable the INR 150 crore brand to scale to the next level both domestically and internationally”…
• Coca-Cola global EVP Henrique Braun reveals co’s growth strategy for India
  07 September 2024, retail.economictimes.indiatimes.com
  Coca-Cola is segmenting India into clusters to identify areas with faster growth potential. The company sees India as a key market with significant growth opportunities despite uneven recovery trends post-pandemic. Coca-Cola India’s revenue and profit saw substantial increases in FY23, reflecting strong market performance…
• ETRetail concludes 4th edition of e-commerce and digital natives summit 2024 in Bengaluru
  07 September 2024, retail.economictimes.indiatimes.com
  The event featured vibrant panel discussions, thought-provoking fireside chats, and a startup kickoff session. In addition, there were dedicated tracks on the customer journey and marketing excellence, fostering valuable networking opportunities, and culminating with the E-commerce and Digital Natives Awards, which celebrated the trailblazers of the e-commerce and D2C industries…
• Ecommerce companies set to run smartphone sales show this festival season
  07 September 2024, retail.economictimes.indiatimes.com
  Better pricing deals from phone makers for the online channels are expected to tilt the scales in their favour. “Overall, the split is expected to be 50:50 for the second half of the year, but online is expected to grow faster than offline during the festive season because of the ongoing tiff with retailers over preferential pricing which is going to increase during the festive season sales,” said Upasana Joshi, research manager, IDC India…
• Reliance eyeing to get third-time lucky in quick commerce
  07 September 2024, financialexpress.com
  The retailer, which has a network of nearly 19,000 stores in the country, has begun trial or pilot runs of 30-minute delivery services under JioMart in key cities within states such as Maharashtra and Karnataka…
• Baazar Style upbeat on higher margins this year, says private labels key to growth
  07 September 2024, moneycontrol.com
  Rekha Jhunjhunwala-backed Baazar Style Retail is confident of sustaining the current CAGR growth rate and hopes to improve on the margin, compared to FY24 levels…
• Decathlon enters quick-commerce space through Zepto
  07 September 2024, retail.economictimes.indiatimes.com
  Commenting on the partnership, Sankar Chatterjee, CEO at Decathlon India, said, “As the demand for an active lifestyle in the country continues to grow, we are committed to being part of this journey. This partnership further strengthens our mission to move people through the wonders of sport by quickly and efficiently delivering sporting products and equipment directly to their doorsteps.”..
• Retail business closure to focus on core cigarette biz: GPI Chairperson Bina Modi
  07 September 2024, retail.economictimes.indiatimes.com
  In her address to the shareholders, Bina Modi said, “this focus on our core business is in consonance with the ‘Theory of Core Competency’ propagated by the late global management guru Professor CK Prahalad. This strategy has also led us to the closure of our retail business 24Seven. At times we need to bite the bullet in the long-term interest of the company and shareholders.”..
• Two Brothers Organic Farms appoints ex-Tata Cliq director as COO
  07 September 2024, retail.economictimes.indiatimes.com
  Two Brothers Organic Farms has appointed Anupam Kapoor as chief operating officer to enhance its senior leadership team. Kapoor will manage core operations and new product development, focusing on infrastructure and product quality. This move follows the agritech startup’s Rs 58.2 crore Series-A funding round…
• Bird Group has ambition expansion plans for quick service, casual dining market
  07 September 2024, retail.economictimes.indiatimes.com
  “We are diligently executing strategic initiatives across all our business verticals, ensuring we not only meet but potentially exceed these targets. By staying true to our core values of quality, innovation, and customer satisfaction, we are confident in our ability to achieve these significant milestones and continue driving growth for our company,” said Rahul Sehgal, business head, Bird Foods…
• Starbucks Unveils First Experiential Coffee Store in New Delhi
  07 September 2024, indianretailer.com
  US-based coffee giant Starbucks has unveiled its first-ever coffee experiential store in India, located in Punjabi Bagh, New Delhi, marking a significant expansion in the country. The new store offers a unique coffee experience, featuring 16 specialty coffees from around the globe…
• Titan Expands Presence in Chandni Chowk with Six New Stores
  07 September 2024, indianretailer.com
  Titan Company Ltd., the renowned Indian jewelry retailer and watchmaker under the Tata Group, has opened six new stores in Chandni Chowk, one of Old Delhi’s busiest and most iconic markets…
• D’Decor Expands Its Presence with New Flagship Store in Delhi
  07 September 2024, indianretailer.com
  D’Decor, a leader in India’s premium home furnishing fabric industry, has opened its flagship store on MG Road, Delhi, on 5th September 2024. Known for its excellence in quality, innovation, and design, D’Decor aims to set a new standard in the home textile sector with this expansive showroom…
• Ganesh Chaturthi Gift Ideas: From Eco-Friendly Idols to Luxury Home Decor
  07 September 2024, indianretailer.com
  Ganesh Chaturthi, the festival that marks the birth of Lord Ganesha, is a celebration of the significance of the cycle of birth, life, and death. It is for the first time that Ganapati is described in a brief context in Rigveda in the…
• Bvlgari’s New Mangalsutra Necklace Combines Heritage and Modern Elegance
  07 September 2024, indianretailer.com
  Bvlgari, a prominent name in high jewelry, has expanded its retail offerings in India with the launch of the new Bvlgari Bvlgari Mangalsutra sautoir necklace. This addition follows the success of the initial Mangalsutra…
• Asos Sells 75 Pc Stake in Topshop and Topman to Danish Retailer Heartland
  07 September 2024, indianretailer.com
  Online fast-fashion giant Asos has agreed to sell a 75 percent majority stake in its Topshop and Topman brands to Heartland, a company controlled by Danish retail mogul Anders Holch Povlsen, owner of the fashion and lifestyle group Bestseller…
• Asos Sells Majority Stake in Topshop and Topman to Bestseller’s Parent Company
  07 September 2024, indianretailer.com
  Asos Plc, the UK-based online fashion retailer, has agreed to sell a 75 percent stake in its Topshop and Topman brands to Heartland A/S, a company owned by Denmark’s Holch Povlsen family, which also owns retail group Bestseller A/S…
• Cantabil Retail India Ltd. Hits 550-Store Milestone with New Openings in Delhi
  07 September 2024, indianretailer.com
  Cantabil Retail India Ltd., a prominent Indian apparel brand, has reached a notable milestone by surpassing 550 stores across the country. The company celebrated this achievement with the launch of four new stores in Delhi…
• India’s Potential SM REITs Market Value To Exceed USD 60 Bn
  06 September 2024, rprealtyplus.com
  As per CBRE South Asia Pvt. Ltd, report, the potential Small and Medium Real Estate Investment Trusts (SM REITs) market size in India is expected to exceed USD 60 bn by 2026…
• CREDAI Bengaluru urges government to implement reforms in real estate development
  06 September 2024, realty.economictimes.indiatimes.com
  The key areas of focus include providing clarity on the transferable development rights (TDR) issue that has been long pending and simplifying the regulations. The CREDAI Bengaluru opines that it..
• Durable Goods Dominate India’s Retail Market: 12.4% Spike in Consumption Expenditure in Q1-FY25!
  06 September 2024, indianretailer.com
  The consumer goods industry has seen notable shifts in consumption patterns in Q1-FY25, with production and price data offering key insights into the evolving demand landscape…
• Top 5 Music Streaming Platforms/Sites in India for 2024
  06 September 2024, indianretailer.com
  In India, music is an integral part of daily life, and with the rise of digital platforms, music streaming has become the preferred way to enjoy favorite tracks, discover new artists, and explore diverse genres…
• The Collective Expands Luxury Offerings at Pacific Mall Tagore Garden
  06 September 2024, indianretailer.com
  Pacific Mall Tagore Garden has introduced a new addition to India’s retail landscape with the launch of *The Collective*, a luxury multi-brand retail concept. Situated on the ground floor of the mall, The Collective spans 4,492.2 square feet of covered space, with a super built-up area of 7,487 square feet…
• Top Organic Ingredients to Celebrate National Nutrition Week 2024
  06 September 2024, indianretailer.com
  A nutrition-rich diet isn’t just about eating enough food; it’s about making informed choices that include a variety of foods and a balance of nutrients. To meet the body’s diverse nutritional requirements, it’s crucial to understand the components of a healthy diet and how they contribute to physical and mental health…
• Xolopak India Secures Investments from Bollywood Stars Ahead of IPO
  06 September 2024, indianretailer.com
  Xolopak India, a leading manufacturer of sustainable disposable packaging, has announced new investments from Bollywood stars Aamir Khan, Ranbir Kapoor, and Karan Johar in a pre-IPO funding round…
• DeVANS Expands Six Fields Portfolio, Enters Premium Lager Market
  06 September 2024, indianretailer.com
  Indian alcohol beverage (alcobev) company DeVANS has expanded its Six Fields beer lineup to enter the premium lager segment, aiming to strengthen its presence in the growing retail and hospitality sectors in India…
• Marudhar Rocks International Bags Rs 150 Cr Investment from Bharat Value Fund
  06 September 2024, indianretailer.com
  Marudhar Rocks International Private Limited, a leading building materials company in India, has secured Rs 150 crore from Bharat Value Fund (BVF) through a private placement round, valuing the company at approximately Rs 2,300 crore…
• Quick Commerce to Revolutionize Indian Retail Landscape with $10 Bn Gross Order Value by FY26
  06 September 2024, indianretailer.com
  The Indian retail industry, long dominated by traditional food and grocery markets, is on the cusp of a transformative shift as quick commerce companies rapidly gain traction…
• Anamika Khanna X H&M Collection Almost Sold Out in 32 Minutes on Myntra: Venu Nair
  06 September 2024, indianretailer.com
  Indian couture designer Anamika Khanna’s collaboration with H&M saw an overwhelming response, with nearly the entire collection selling out in just 32 minutes on Myntra…
• Daikin Expands in India as Air Conditioning Demand Soars
  06 September 2024, indianretailer.com
  Daikin Industries Ltd., the world’s largest air conditioner manufacturer, is gearing up for further expansion in India as rising temperatures increase the demand for cooling solutions…
• Colgate-Palmolive Expands Oral Beauty Range with Visible White Purple Toothpaste
  06 September 2024, indianretailer.com
  Colgate-Palmolive (India) Limited, a leading name in India’s oral care market, has introduced a new product targeting the growing interest in oral beauty. The company has launched its Visible White Purple toothpaste, a first-of-its-kind innovation in India that aims to appeal to young urban consumers…
• Ranveer Singh Becomes Equity Partner in India’s Allied Blenders
  06 September 2024, indianretailer.com
  Bollywood star Ranveer Singh has entered into a business partnership with Allied Blenders and Distillers Limited (ABDL), a leading player in India’s retail and spirits industry…
• Suroskie Launches Dessert Drip Lip Oils for Ultimate Lip Hydration and Color
  06 September 2024, indianretailer.com
  Suroskie, a leading name in the self-care and beauty industry, is excited to announce the launch of its latest innovation: Dessert Drip Lip Oils. These new lip oils are designed to bring together the decadence of dessert…
• Youneek Pro Science Sponsors Pooja Raghu for World Ultimate Championships 2024
  06 September 2024, indianretailer.com
  Youneek Pro Science, the innovative digital-first beauty brand, has announced its sponsorship of Pooja Raghu, a distinguished frisbee athlete competing in the World Ultimate Championships 2024 in Gold Coast, Australia…
• Indus Valley Unveils Ready-to-Use Hair Care Range with 24 Whole Herbs
  06 September 2024, indianretailer.com
  Indus Valley, a leader in organic and natural beauty products, has launched a premium range of Ready-to-Use Hair Care Pastes. These pastes are designed to provide effortless and effective solutions to common hair concerns, combining age-old wisdom with modern science…
• The Leela Palaces Collabs with Chef Prateek Sadhu to Showcase Himalayan Cuisine
  06 September 2024, indianretailer.com
  The Leela Palaces, Hotels, and Resorts has announced an exclusive collaboration with Chef Prateek Sadhu, in partnership with Conosh, to bring his renowned restaurant concept, NAAR, to four of its iconic properties…
• Swiggy Demonstrates Strong Financial Performance Ahead of IPO
  06 September 2024, indianretailer.com
  Swiggy, a major player in India’s food delivery and quick commerce market, has reported robust financial figures as it prepares for its upcoming Initial Public Offering (IPO). The Bengaluru-based company’s operating revenue…
• Why Food Safety & Hygiene is Important for Restaurants
  06 September 2024, indianretailer.com
  Food safety and hygiene practices in restaurants play an important role. Inadequate food safety procedures may result in food-borne infections, endangering customers and undermining the restaurant’s reputation…
• CapitaLand Investment To More Than Double Investments In India
  05 September 2024, rprealtyplus.com
  CapitaLand Investment Limited (CLI), a global real asset manager, has unveiled a target to more than double its funds under management (FUM) in its core market India by 2028, up from S$7.4 billion (INR 458.8 billion) as at 30 June 2024…
• Bhumika Group Appoints Siddharth Katyal As CEO
  05 September 2024, rprealtyplus.com
  Bhumika Group, North India’s leading real estate developer seeking to expand its footprints in Rajasthan and NCR, has announced that it has appointe Siddharth Katyal as its new Chief Executive Officer…
• Goa government to examine permissions for DLF, Bhutani Infra projects
  05 September 2024, realty.economictimes.indiatimes.com
  ​​Town and Country Planning Minister Vishwajit Rane made the announcement here. His department will examine the permissions granted to DLF for a villa project at Reis Magos in North Goa district and that to Bhutani Infra’s project at Sancoale in South Goa district, he said…
• Reliance plans Rs 3.9k-cr infusion into FMCG unit to step up play
  05 September 2024, retail.economictimes.indiatimes.com
  Reliance is set to inject up to ₹3,900 crore into its FMCG division, Reliance Consumer Products Ltd (RCPL), through a combination of equity and debt. This significant capital infusion aims to enhance its competitive stance against major players like Hindustan Unilever, ITC, and Coca-Cola…
• EDNS 2024: Gen-Z consumers important in India growth story, says Myntra CEO Nandita Sinha
  05 September 2024, retail.economictimes.indiatimes.com
  Sinha’s insights highlight the evolving landscape of consumer behavior in India, where Gen-Zs are emerging as a discerning, financially savvy, and research-oriented demographic. As this generation continues to shape the future of consumption, brands and businesses will need to adapt to their unique preferences and values…
• Britannia in talks to buy northeast’s Kishlay Foods
  05 September 2024, retail.economictimes.indiatimes.com
  Britannia Industries is in talks to acquire a controlling stake in Kishlay Foods, a Guwahati-based snack manufacturer, valued at `600-700 crore. This acquisition would help Britannia expand its market presence in the Northeast and enter new categories like noodles and tea. The deal is currently in due diligence stages…
• Britannia in talks to buy northeast’s Kishlay Foods
  05 September 2024, retail.economictimes.indiatimes.com
  Britannia Industries is in talks to acquire a controlling stake in Kishlay Foods, a Guwahati-based snack manufacturer, valued at `600-700 crore. This acquisition would help Britannia expand its market presence in the Northeast and enter new categories like noodles and tea. The deal is currently in due diligence stages…
• Zomato’s big Paytm play puts a spanner in KKR’s BMS plans
  05 September 2024, retail.economictimes.indiatimes.com
  KKR is talking to BookMyShow, India’s largest online ticket-booking platform, to rejig the details of the $250-300 million investment it was planning for a minority stake. Zomato recently bought Paytm’s live ticketing business in a deal valued at over Rs 2,000 crore…
• Swiggy operating revenue jumps 36% in FY24, losses down 44%
  05 September 2024, retail.economictimes.indiatimes.com
  According to the food and grocery delivery company, the rise in revenue is driven by higher commissions and advertising fees, user fees, and incremental revenue from ticket sales for events. Integrating Dineout with the Swiggy app also helped…
• Dolce & Gabbana’s operating loss widens to $14.4 million in 2023-24
  05 September 2024, retail.economictimes.indiatimes.com
  The holding, which controls the Italian fashion house founded by the designer duo Stefano Gabbana and Domenico Dolce, posted a 17% increase in revenues to 1.87 billion euros in the 12 months to March 31…
• Wellbeing Nutrition expands leadership team to accelerate growth plans
  05 September 2024, retail.economictimes.indiatimes.com
  Wellbeing Nutrition has appointed Harleen Bhatti as vice president of D2C and Kunwarjeet Singh Grover as head of growth. This leadership expansion is part of the company’s strategy to achieve a 100 per cent YoY growth rate and an annual recurring revenue (ARR) of Rs 240 crore, focusing on both online and offline markets…
• India Inc extends gender diversity push to temporary hiring for festive season
  05 September 2024, retail.economictimes.indiatimes.com
  India Inc is pushing for gender diversity in temporary hiring during peak periods like the festive season. Sectors such as ecommerce, logistics, retail, and BFSI are actively onboarding more women workers. Companies are offering flexible hours, transportation, and skill development programs to attract female talent, with safety measures being significantly enhanced…
• India beauty, personal care market expected to reach $34 bn by 2028: Nykaa report
  05 September 2024, retail.economictimes.indiatimes.com
  According to the report, e-commerce is poised to be the biggest driver of this growth and the fastest-growing segment, anticipated to achieve a CAGR of around 25 per cent. “Rising aspirations and higher incomes among Indian consumers will propel the market for premium beauty, expected to reach USD 3-3.2 billion by 2028. With 520-560 million users in 2023, the democratisation of beauty expertise via social media is significantly influencing consumer choices,” a statement said…
• Epack Durable partners with Symphony to manufacture air coolers in growing Indian market
  05 September 2024, retail.economictimes.indiatimes.com
  Epack Durable has teamed up with Symphony to manufacture air coolers as an OEM. This partnership aims to leverage Epack’s manufacturing capacity and diversify its customer base. The Indian air cooler market is projected to grow significantly, with Symphony and Epack reporting substantial profit and revenue increases in the first quarter of FY25…
• India remains fastest growing paper market in world: Report
  05 September 2024, retail.economictimes.indiatimes.com
  India’s paper market is experiencing rapid growth, with packaging paper and paperboard consumption rising at 8.2% in 2023-24. The market, driven by demand from FMCG, textiles, pharmaceuticals, e-commerce, and healthcare sectors, benefits from the ban on single-use plastics. Overall paper demand in India grows at 6-7% annually…
• ASUS India Expands Retail Presence with New Pegasus Store in Bhubaneswar
  05 September 2024, indianretailer.com
  As part of its strategy to strengthen its retail presence across India, ASUS India, the Taiwanese tech company, has announced the launch of its new Pegasus store in Bhubaneswar…
• This World Beard Day Transform Your Beard Game with the Top Beard Oil Brands in India
  05 September 2024, indianretailer.com
  This World Beard Day, take your beard care routine to new heights with the best beard oil brands in india. Growing a thick, healthy beard demands more than just time and patience; the right grooming products can significantly impact your results…
• Sarita Handa and Maruva Team Up to Merge Luxury and Wellness in India
  05 September 2024, indianretailer.com
  In a move that aligns with the growing emphasis on sustainability in the beauty and retail sectors in India, Maruva and Sarita Handa have announced a groundbreaking collaboration that merges luxury with wellness…
• Mercedes-Benz Research and Development India Broadens Sustainability Projects
  05 September 2024, indianretailer.com
  Mercedes-Benz Research and Development India (MBRDI) has announced the expansion of its Sustainability Garage initiative, a platform aimed at fostering collaboration among various stakeholders to promote sustainability goals…
• Godawan Single Malt Expands India’s Presence in Global Spirits Market
  05 September 2024, indianretailer.com
  India, currently ranked 40th in global alcoholic beverage exports, has significant untapped potential in the sector. With increasing global demand for Indian spirits, the Agricultural and Processed Food Export Development Authority (APEDA) is focusing on promoting Indian alcoholic and non-alcoholic beverages internationally…
• Raymond Lifestyle Targets Growth in India’s Retail and Wedding Markets
  05 September 2024, indianretailer.com
  Raymond Lifestyle Ltd. (RLL), the lifestyle business segment recently separated from Raymond Ltd will make its debut on the National Stock Exchange and Bombay Stock Exchange on September 5th…
• Godrej Interio Expands Focus on India’s Educational Furniture Market
  05 September 2024, indianretailer.com
  Godrej Interio, a prominent brand in India’s home and office furniture market and a part of Godrej and Boyce under the Godrej Enterprises Group, is making significant strides in expanding its retail presence within the Indian education sector…
• Raymond Lifestyle to Debut on NSE and BSE with Ambitious Growth Plans
  05 September 2024, indianretailer.com
  Raymond Lifestyle Ltd. (RLL), the lifestyle arm that was demerged from Raymond Ltd. in July, is set to debut on the National Stock Exchange and Bombay Stock Exchange on September 5. RLL has ambitious growth plans as an independent listed entity…
• HyFun Foods Expands to All Major Indian Metros, Targets 10 Pc Market Share by 2025
  05 September 2024, indianretailer.com
  HyFun Foods has proudly announced a significant milestone in its retail expansion, having established its presence in all major Indian metropolitan cities, with Kolkata being the latest addition. This achievement, realized just over a year after the brand’s retail launch, marks a key advancement in HyFun Foods’ strategic growth…
• Pilgrim Raises Rs. 75 Cr in Extended Series B Round to Fuel Expansion
  05 September 2024, indianretailer.com
  Pilgrim, a prominent direct-to-consumer (D2C) brand in the beauty and personal care sector, has successfully raised Rs. 75 crore (approximately USD 9 million) in an extended Series B funding round. The round was led by Fireside Ventures and Vertex Ventures…
• Lulu Mall Kozhikode to open on 9 September
  04 September 2024, indiaretailing.com
  UAE-based multinational conglomerate company Lulu Group will open its latest mall in Kozhikode, Kerala on 9 September, as per a social media post by the retail conglomerate…
• Omaxe Group To Launch India’s First Integrated 5-In-1 Destination In Delhi
  04 September 2024, rprealtyplus.com
  Omaxe Group, one of India’s leading real estate developers, has announced the launch of their project, ‘The Omaxe State,’ which will be India’s first integrated 5-in-1 destination for sports, retail, hospitality, food, and culture…
• Landmark Group To Invest Rs 4,200 Cr In New Gurugram Realty Projects
  04 September 2024, rprealtyplus.com
  Gurugram based Landmark Group plans to invest Rs 4,200 crore to expand its portfolio in residential, retail, and commercial in the next two years. The company’s plans to launch a group housing project along the Dwarka Expressway and a highstreet project in New Gurugram…
• Signature Global Announces Strategic Senior Management Restructuring
  04 September 2024, rprealtyplus.com
  Signature Global, one of India’s leading real estate companies, has taken a strategic step by significantly reconfiguring its senior management team. These decisions underscore the company’s dedication to robust leadership and employee empowerment…
• Kalpataru Ltd Plans To Enter Nagpur Real Estate Market
  04 September 2024, rprealtyplus.com
  Mumbai-based Kalpataru Ltd plans to foray into the Nagpur real estate market. The company is expected to launch a plotted development project spread across 37 acres, market sources told…
• Prestige Estates’ subsidiary buys 4.5 acres in Pune from joint development partner
  04 September 2024, realty.economictimes.indiatimes.com
  The Prestige Group entity had entered into a joint development agreement with the landowner B U Bhandari M&M Realtors LLP through a pact inked in July 2017. Both had agreed to jointly develop the plot out of a larger land parcel..
• AIPL to take rental portfolio to five million sq ft with new projects
  04 September 2024, realty.economictimes.indiatimes.com
  The company currently operates 1.4 million sq ft and by Q2 2025, two projects, AIPL Statement and AIPL Autograph having total leasable area of 3.5 million sq ft would be ready…
• Cash-rich quick commerce firms rush to grab dark store sites
  04 September 2024, retail.economictimes.indiatimes.com
  There is fierce competition for the right sites — now increasingly expensive and difficult to find in large cities — to set up these micro warehouses for servicing localities in the vicinity. Meanwhile, the likes of BigBasket, Zepto, Flipkart Minutes and Swiggy Instamart are recruiting aggressively, as well as poaching, people in the know told ET…
• ETRetailCafe: Dipali Goenka on weaving Welspun Living’s success story
  04 September 2024, retail.economictimes.indiatimes.com
  Dipali Goenka, CEO and MD, Welspun Living shares her secret mantra of building a successful company. She also shares how she gets insights from the customers and delivers the end products to them…
• Philips appoints Bharath Sesha as MD for Indian Subcontinent
  04 September 2024, retail.economictimes.indiatimes.com
  Philips has named Bharath Sesha as the new managing director for the Indian subcontinent, effective September 1, 2024. Sesha will focus on enhancing customer satisfaction and operational excellence. He replaces Daniel Mazon, who has moved to a global role. Sesha has over two decades of experience in the pharmaceutical and chemical industries…
• Godrej Appliances invests Rs 100 crore to add production facility for AI-tech washing machines
  04 September 2024, retail.economictimes.indiatimes.com
  ​​​Spread over 1 lakh square feet at Shirwal near Pune, the new facility will strengthen Godrej Appliances’ market presence by adding a capacity of 3 lakh units of front-load washing machines per year, which will almost double the production of automatic washing machine portfolio for the brand…
• Meesho appoints Mohit Rajani as chief product officer
  04 September 2024, retail.economictimes.indiatimes.com
  In his new role, Rajani will lead Meesho’s product organization, overseeing the product management, design, and analytics teams. Previously, he has held leadership roles at tech companies such as Meta, Google, Carta, and Instagram…
• UBL targets 25% sales from premium beers amid growing consumer premiumisation
  04 September 2024, financialexpress.com
  United Breweries (UBL), India’s largest beer manufacturer, anticipates its premium beer brands to contribute 25% of its total sales volume within the next 4-5 years, according to a company official…
• India’s reliance on Chinese imports for MSME goods declining: Official
  04 September 2024, retail.economictimes.indiatimes.com
  “India’s trend of reducing its reliance on Chinese imports, particularly in categories like articles of leather, ceramic products, toys, and musical instruments, contrasts with the trends observed in other major markets, where dependence either remains steady or is increasing. This indicates a strategic shift by India towards diversifying its import sources or bolstering domestic production capabilities,” the official added…
• Mars Cosmetics expands retail presence through Shoppers Stop
  04 September 2024, retail.economictimes.indiatimes.com
  Mars Cosmetics has partnered with the department store chain Shoppers Stop to expand its offline presence across India. The cosmetics company will expand its presence in Shoppers Stop’s 40 stores by the end of this fiscal year FY25…
• Huawei sets up Apple showdown with event hours after new iPhone
  04 September 2024, retail.economictimes.indiatimes.com
  Consumer group chief Richard Yu announced the Sept. 10 reveal on Weibo, teasing “an epoch-making product” that took five years of work and investment. Huawei plans to unveil the world’s first commercial-ready smartphone that folds twice, according to a person familiar with its plans. The company is also preparing an Aito electric vehicle launch, though the final products to be released are subject to change, the person said, asking not to be named discussing private plans…
• “Quick commerce” set to push India’s gross order value to USD 10 bn by FY26
  04 September 2024, retail.economictimes.indiatimes.com
  The growth trajectory of quick commerce is underscored by key players such as Zomato’s Blinkit, Zepto, and Swiggy Instamart, which are set to reach USD 10 billion in gross order value by FY26. CLSA stated, “We expect Zomato’s Blinkit, Zepto and Swiggy Instamart – the top three players – to reach USD 10 billion in gross order value by FY26 and surpass USD 78bn within a decade…
• Raymond Lifestyle eyes 7% share in men’s-wear wedding market by 2027
  04 September 2024, retail.economictimes.indiatimes.com
  Raymond Lifestyle Ltd. (RLL) will list its shares on September 5, 2024, and plans to expand by adding 900 new outlets over three years. The company aims for a 15% CAGR to capture around 7% of the men’s wear wedding market by 2027. RLL focuses on enhancing its presence in branded textiles, apparel garmenting, and new categories…
• CCD cafe count falls to 450 in FY24, number of operational vending machines rises
  04 September 2024, retail.economictimes.indiatimes.com
  The number of Cafe Coffee Day (CCD) outlets declined to 450 in FY24, though the count of operational vending machines at corporate workplaces and hotels increased to 52,581. The number of Value Express kiosks also declined marginally to 265, according to the latest annual report of Coffee Day Enterprises Ltd (CDEL), which owns the chain through its subsidiary Coffee Day Global Ltd…
• Lenskart appoints Jaimit Doshi as its global head of marketing and chief executive officer
  04 September 2024, retail.economictimes.indiatimes.com
  Lenskart has appointed Jaimit Doshi as its global head of marketing and chief executive officer of Hustlr, one of the eyewear retail chain’s brand. He took to LinkedIn and made the announcement…
• Recode Studios Expands Retail Presence with New Store in Mumbai
  04 September 2024, indianretailer.com
  Recode Studios, a prominent name in the cosmetics industry, continues to strengthen its retail presence in India by opening its 18th store in Mumbai. Located at JVMS Clermont, Shop No – 5, LBS Marg, Mulund West, this new store is part of the company’s broader expansion strategy, reflecting its focus on growth within the retail sector…
• Malabar Gold and Diamonds Opens 14th Store in Delhi NCR
  04 September 2024, indianretailer.com
  Malabar Gold and Diamonds, a prominent name in the global retail jewellery industry, has strengthened its presence in India with the opening of its 14th store in the Delhi NCR region…
• Being Human Clothing Expands Retail Presence to Belagavi
  04 September 2024, indianretailer.com
  Being Human Clothing, a well-known fashion brand, has opened its latest store in Belagavi, Karnataka. This expansion highlights the brand’s focus on tapping into the potential of emerging towns in India…
• How Indian Travelers are Fueling Global Tourism Growth: 9 Trends to Watch
  04 September 2024, indianretailer.com
  With their passports in hand and wanderlust in their hearts, Indian travelers are taking the world by storm. In fact, international travel among Indians has surged by 32 percent, with more travelers now taking two or more trips annually…
• Which Brands does Coca-Cola Own? The Complete List
  04 September 2024, indianretailer.com
  When people think about The Coca-Cola Company, they often think of a cold, refreshing Coke. But did you know Coca-Cola owns many other drink brands too? Over the years, Coca-Cola has grown to include different types of drinks…
• India’s Luxury Pre-Owned Market to Hit $1.56 Mn by 2032
  04 September 2024, indianretailer.com
  India’s luxury market is evolving rapidly, with the luxury pre-owned segment emerging as a significant growth driver. As the concept of circular fashion and sustainable luxury gains traction globally, Indian consumers, particularly from affluent segments, are increasingly embracing pre-owned luxury items…
• The New Shop Partners with HMEL to Launch 24/7 Convenience Stores at Fuel Stations
  04 September 2024, indianretailer.com
  Delhi-based convenience retailer The New Shop has forged a strategic partnership with HPCL-Mittal Energy Ltd. (HMEL), a prominent refining and petrochemical company, to establish 24/7 convenience stores at HMEL’s upcoming fuel retail outlets…
• Parle Agro Expands Dairy Portfolio with New SMOODH Lassi
  04 September 2024, indianretailer.com
  Parle Agro has introduced SMOODH Lassi, a new product in its dairy range. This launch marks a significant development in the Indian dairy sector, aligning with Parle Agro’s strategy to innovate and expand within the retail market…
• Top 10 OTT Platforms in India that are Binge-Worthy
  04 September 2024, indianretailer.com
  Since ancient times, our culture has embraced diverse forms of entertainment. Folk and classical music, dance, and theater have all enriched our lives. In the 20th century, technology took off, bringing major advancements to entertainment…
• Orion Mall Introduces 360 Degree Super Immersive Dome Theatre in Bengaluru
  04 September 2024, indianretailer.com
  Orion Mall, in collaboration with Epic Quest Entertainment Pvt Ltd, has unveiled a 360 Degree Super Immersive Dome Theatre at its Brigade Gateway location. This new installation marks a significant addition to the retail and entertainment landscape in India, offering visitors a unique cinematic experience…
• Mumbai Property Market Achieves Decadal High
  02 September 2024, rprealtyplus.com
  Mumbai city (area under BMC jurisdiction) recorded approximately 11,735 property registrations in August 2024, contributing over INR 1072 Crores (Cr) to the state exchequer…
• Signature Global’s Titanium SPR Project Achieves Green Certification
  02 September 2024, rprealtyplus.com
  Signature Global, a leader in sustainable real estate development, added another feather in its cap for its premium residential project, Titanium SPR, located in Sector 71, Southern Peripheral Road (SPR), Gurugram…
• PVR INOX plans monetisation of real estate assets
  02 September 2024, realty.economictimes.indiatimes.com
  Now, PVR INOX will partner with developers to jointly invest in new screen capex by shifting towards a franchise-owned and company-operated (FOCO) model…
• Apparel Group to bet big on India, expand store presence from 250 to 1,000
  02 September 2024, retail.economictimes.indiatimes.com
  Currently, India contributes 10 per cent of the revenue of the overall group which is valued at $2.2 billion and the company plans to take India’s share to 25 per cent in the next three years…
• Levi’s Marks New Milestone with Launch of Two Stores in Mumbai
  02 September 2024, indianretailer.com
  American denim icon Levi’s has broadened its retail presence in Mumbai with the inauguration of two new stores: one on Linking Road and the other at Infinity Mall in Andheri West, as revealed in a recent social media update by a company official…
• The Evolution of In-Store Experiences to Meet Consumer Demand
  02 September 2024, indianretailer.com
  Imagine walking into a store where the moment you step inside, the ambiance feels like it was designed just for you. The lighting is warm, the scents are subtle but captivating, and every corner seems to tell a story that resonates with your tastes and lifestyle…
• Navigating India’s Retail Market – The Way Ahead
  02 September 2024, indianretailer.com
  The dynamism of the Indian retail sector is unprecedented. India has already become the fourth largest retail market in the world. According to government data, the country’s retail market is expected to reach $1.1 trillion by 2027…
• Marks & Spencer Names Stephen Smy as New Managing Director for India
  02 September 2024, indianretailer.com
  Marks & Spencer (M&S) has announced the appointment of Stephen Smy as the new Managing Director for its Indian operations, succeeding Ritesh Mishra, who left the company in April…
• Enhancing On-Shelf Availability: A Festive Season Blueprint for E-commerce Businesses
  02 September 2024, indianretailer.com
  As consumers across the world embrace e-commerce businesses, OSA has become extremely critical in the current and future online markets. With the latest numbers from Future Market Insights, the global on-shelf availability…
• The Importance of a Consumer-Centric Approach in Shaping the Future of Ethnic Wear fashion
  02 September 2024, indianretailer.com
  The fashion industry is undergoing a transformative shift, with consumer preferences taking center stage. This trend is particularly evident in the ethnic wear segment, where traditional styles meet contemporary demands…
• Ola Electric Joins ONDC Network, Expanding E-Commerce Reach
  02 September 2024, indianretailer.com
  Ola Group founder Bhavish Aggarwal announced on Thursday that all of Ola Electric’s products will be available on the government-backed Open Network for Digital Commerce (ONDC)…
• Verlinvest Acquires significant stake in Blue Tokai with USD 35 mn Funding
  02 September 2024, indianretailer.com
  Verlinvest, a global, family-backed evergreen investment firm, has led a significant investment of US$35 million in Blue Tokai, India’s leading specialty coffee and bakery brand…
• LEGO Expands Gaming Universe with Mario Kart and Animal Crossing Sets
  02 September 2024, indianretailer.com
  The LEGO Group has unveiled an exciting new range of products at Gamescom 2024, including the much-anticipated “Super Mario: Mario Kart” sets and three fresh “Animal Crossing” sets…
• Obeetee Unveils Viraasat Collection: A Tribute to Indian Heritage and Artistry
  02 September 2024, indianretailer.com
  Obeetee, a leading name in the Indian carpet industry, has unveiled its largest and most versatile collection to date, named “Viraasat.” This new collection is more than just a showcase of exquisite craftsmanship; it is a heartfelt tribute to the rich legacy and cultural layers that define India’s heritage…
• Latin Quarters targets Rs 200 crore revenue by FY26, eyes global entry: CEO Rahul Bhalla
  02 September 2024, indiaretailing.com
  The womenswear retailer ended the previous fiscal year with around Rs 108 crore in revenue and is aiming for a monthly run rate of approximately Rs 16-17 crore in the coming months…
• Dabur, Jubilant owners bid for stake in Coca-Cola’s India bottling arm HCCB
  02 September 2024, retail.economictimes.indiatimes.com
  Parent Coca-Cola Co will decide if the deal will involve one or two co-investors, or if negotiations lead to creation of an investor consortium. A decision is likely by the end of this fiscal year. ET was first to report on June 18 that Coca-Cola had sounded out a group of Indian business houses and family offices of billionaire promoters to buy into HCCB, an arm it eventually wants to take public to cash in on the bullish domestic capital markets…
• PVR INOX to close 70 non-performing screens in FY25, plans monetisation of real estate assets
  02 September 2024, retail.economictimes.indiatimes.com
  PVR INOX plans to close 70 non-performing screens in FY25 while adding 120 new ones, focusing on South India. The company aims to adopt a capital-light growth model and potentially monetize non-core real estate assets to become net-debt free. Revenue strategies include increasing footfalls and optimizing costs…
• Restaurant sector expected to turn around after tough Q1: Speciality Restaurants CMD
  02 September 2024, retail.economictimes.indiatimes.com
  Speciality Restaurants Ltd CMD Anjanmoy Chatterjee believes India’s restaurant sector will recover despite recent challenges like high food inflation and reduced dining out. He cites strong national fundamentals and anticipates improvement as inflation decreases. The company aims for profitable growth and expansion, focusing on brands like Mainland China and Episode One…
• Tata Consumer Products completes merger of three wholly-owned subsidiaries in India
  02 September 2024, retail.economictimes.indiatimes.com
  TCPL’s portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals. The company which has a consolidated turnover of Rs 15,206 crore owns key beverage brands including Tata Tea, Tetley, Organic India, Eight O’Clock Coffee, Tata Coffee Grand, Himalayan Natural Mineral Water, Tata Copper+ and Tata Gluco+…
• Rebel Foods posts rise in FY24 revenue, trims losses
  02 September 2024, retail.economictimes.indiatimes.com
  Rebel Foods cut its losses by 42 per cent, bringing it to INR 378 crore in fiscal year 2024, down from INR 656 crore a year ago. This comes days after ET reported about Singapore’s Temasek mulling a USD 100-150 million investment in the company, in a mix of primary and secondary share sale…
• Emami acquires full ownership of The Man Company for Rs 177.63 cr
  02 September 2024, retail.economictimes.indiatimes.com
  Emami already owns a 50.40 per cent stake in The Man Company. After acquiring the balance 49.60 per cent stake, Helios, the parent company of The Man Company, will become a wholly owned subsidiary of Emami…
• Prestige Estates Launches QIP To Raise Rs 5,000 Crore
  31 August 2024, rprealtyplus.com
  Prestige Estates Projects Ltd. has launched a program to sell shares to eligible institutional investors through a Qualified Institutional Placement (QIP) through which it plans to raise up to Rs 5,000 crore…
• M3M India MoU With Oravel Stays To Launch SUNDAY Hotel
  31 August 2024, rprealtyplus.com
  Gurugram-based M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, a global hospitality technology company, have signed a Memorandum of Understanding (MoU) to launch the premium SUNDAY hotel…
• Max Estates plans to raise Rs 800 crore through QIP
  31 August 2024, realty.economictimes.indiatimes.com
  The panel also approved the floor price for the issue at Rs 628.74 per equity share…
• Emami acquires full ownership of The Man Company for Rs 177.63 cr
  31 August 2024, retail.economictimes.indiatimes.com
  Emami already owns a 50.40 per cent stake in The Man Company. After acquiring the balance 49.60 per cent stake, Helios, the parent company of The Man Company, will become a wholly owned subsidiary of Emami…
• FirstCry logs 17% rise in revenue, lower loss in Q1 FY25
  31 August 2024, retail.economictimes.indiatimes.com
  Floods in the UAE and early Eid, which saw festival season purchases being advanced to early April, hit order volumes for Brainbees Solutions, the parent firm of the baby and mother care product retailer. However, order volumes are now back on track, said CEO Supam Maheshwari…
• Blue Tokai Coffee gets a Verlinvest flavour
  31 August 2024, retail.economictimes.indiatimes.com
  Verlinvest is set to invest Rs 200 crore in Blue Tokai Coffee Roasters at a Rs 1,200-crore valuation. Existing investors Hemendra Kothari’s family office and Anicut Capital are also expected to participate. This will be Blue Tokai’s largest funding round as it competes with Starbucks, Tim Hortons, and other cafes in India’s expanding coffee industry…
• Rebel Foods posts rise in FY24 revenue, trims losses
  31 August 2024, retail.economictimes.indiatimes.com
  Rebel Foods cut its losses by 42 per cent, bringing it to INR 378 crore in fiscal year 2024, down from INR 656 crore a year ago. This comes days after ET reported about Singapore’s Temasek mulling a USD 100-150 million investment in the company, in a mix of primary and secondary share sale…
• Lululemon cuts annual forecasts on tepid US demand, slower product refresh
  31 August 2024, retail.economictimes.indiatimes.com
  Lululemon Athletica shares have declined about 14% in the last three months as investors braced for a forecast cut. They have lost nearly half of their value this year.Comparable sales rose 2%, but missed expectations of a 6.05% increase, driven by a 3% decline in sales in the Americas. Comparable sale surged 21% in China…
• Gap’s turnaround efforts drive quarterly beat in surprise early announcement
  31 August 2024, retail.economictimes.indiatimes.com
  Gap’s second-quarter results beat Wall Street expectations, with strong sales from Old Navy and Gap brands. An accidental early posting of earnings occurred due to an administrative error. The company’s net sales rose 5% to $3.72 billion. Gap is undergoing a brand turnaround, seeing more full-price sales and fewer discounts…
• The House of Rare revolutionises fashion shopping with global app and website launch
  31 August 2024, retail.economictimes.indiatimes.com
  The House of Rare has unveiled the much-anticipated launch of its unified website and app. The amalgamation celebrates the brand’s shared values of unity into a consumer-first, integrated shopping experience….
• Nuts make sweets a costly affair this festival season
  31 August 2024, retail.economictimes.indiatimes.com
  Cashew and almond prices have surged significantly over the past four months, with cashews rising up to 80% and almonds over 15%. Reduced imports and increased local consumption are key factors. Industry leaders expect prices to continue rising until Diwali, but anticipate strong demand despite higher costs…
• D2C startup WellBe Foods aims to reach 25,000 stores across South India by FY25
  31 August 2024, retail.economictimes.indiatimes.com
  Gaurav Manchanda, founder and managing director of WellBe Foods said, “Our goal is not only to reinforce our presence in Hyderabad but also to set a new benchmark for general trade reach across South India – with our snacks with No Nasties and innovative packaging, we are looking to organize the unorganised.”…
• Gillette India PAT up 26.4 pc to Rs 116 cr in Jun qtr
  31 August 2024, retail.economictimes.indiatimes.com
  The sales growth was “driven by a robust portfolio, strong brand fundamentals and superior retail execution”, Gillette India said in an earnings statement, adding its PAT was helped by “strong sales growth in the current quarter”…
• Ulta Beauty lowers annual forecasts on slowing demand for beauty products
  31 August 2024, retail.economictimes.indiatimes.com
  “Our second quarter performance did not meet our expectations,” said CEO Dave Kimbell, adding that the company has updated its annual expectations due to a more cautious outlook…
• Electronics 5th largest export commodity; growing 23% annually: MeitY official
  31 August 2024, retail.economictimes.indiatimes.com
  He also expressed confidence that the country’s net revenue from electronic exports will become positive in coming years with start of local semiconductor production…
• From Walnuts to Wine: How Chile and India Are Transforming Agricultural Trade in 2024
  31 August 2024, indianretailer.com
  Chile and India are deepening their strategic partnership, with a focus on expanding agricultural trade. The year 2023 saw bilateral trade between the two countries amount to an impressive $2,847 billion, with Chile exporting $560 million in goods and services to India…
• Godrej Consumer Transforms Legacy Brand Cinthol with Foam Bodywash Innovation
  31 August 2024, indianretailer.com
  Godrej Consumer Products Ltd (GCPL) has introduced an innovation in India’s retail bodywash segment, valued at approximately Rs 900 crore. The company has launched the Cinthol Foam Bodywash under its Cinthol brand, featuring a foam-based formula that eliminates the need for a loofah…
• Celio India Appoints Rejoy Rajan as Head of Marketing and PR
  31 August 2024, indianretailer.com
  Celio, the French menswear brand, has appointed Rejoy Rajan as its new Head of Marketing & PR for India, a strategic move to strengthen its retail presence in the country. Rajan, a seasoned marketing professional, brings over 16 years of experience in brand management, marketing strategy, customer experience, and digital marketing within the retail industry…
• Converse Launches Run Star Trainer in India
  31 August 2024, indianretailer.com
  Converse has introduced its latest sneaker silhouette, the Run Star Trainer, to the Indian market. Designed for modern women who navigate life with confidence, this new sneaker merges the brand’s historical legacy with contemporary versatility, making it a notable addition to the retail landscape in India…
• Baazar Style Retail Raises Rs 250 Cr from Anchor Investors Ahead of IPO
  31 August 2024, indianretailer.com
  Value fashion retailer Baazar Style Retail Ltd. has announced that it has raised Rs 250 crore from anchor investors, just ahead of its initial public offering (IPO) scheduled to open for public subscription…
• Trehan Iris Partners With Courtyard By Marriott
  30 August 2024, rprealtyplus.com
  Trehan Iris has announced its strategic collaboration with Courtyard by Marriott, bringing the Marriott brand to Noida Region for the 1st time. This collaboration will elevate the luxury and convenience of the Iris Broadway, Greno West a mixed-use development with the addition of a premier Marriott hotel…
• Signature Global Appoints Poulomi Ray As Head Digital Marketing & CSR
  30 August 2024, rprealtyplus.com
  Signature Global, a leading name in the real estate sector, is thrilled to announce the appointment of Poulomi Ray as the new Head of Digital Marketing and CSR…
• Top 10 Premium Cigar Brands in India: A Guide to the Finest Selections for Connoisseurs
  30 August 2024, indianretailer.com
  Best Cigar brands in India: Cigars have always been regarded as tasteful and linked with the higher standards of living throughout the globe. Since the 20th century, almost all cigars have been made of three distinct components: The physical structure of the filling includes a filler, the binder leaf that provides support to the…
• Ultraviolette Expands with New UV Space Station in Ahmedabad
  30 August 2024, indianretailer.com
  Continuing its mission of “Making in India, for the World,” Ultraviolette (UV) has proudly announced the launch of its latest UV Space Station Experience Center in Ahmedabad. This marks the third city in Ultraviolette’s planned expansion across India, following its recent opening in Pune…
• Montblanc Unveils New Boutique at Bengaluru Airport with Latest Neo3 Retail Design
  30 August 2024, indianretailer.com
  Montblanc, the global leader in luxury business lifestyle, has launched its newest boutique in India at Bengaluru’s Kempegowda International Airport, in collaboration with its longstanding partner, AMRPL…
• Rs 3,06,848 Crore Revenue Milestone! How Reliance Retail is Dominating India’s Retail Market with 17.8% Growth
  30 August 2024, indianretailer.com
  India’s retail market is skyrocketing! With a colossal $951 billion valuation in 2023, India is now among the top five global retail markets. What’s behind this explosive growth? Rapid urbanization, higher incomes, and a young, ambitious population are driving this retail revolution…
• Puma Appoints Indrajeet Sen as Senior Vice President – Sourcing
  30 August 2024, indianretailer.com
  Puma, the global sportswear brand, has announced the promotion of Indrajeet Sen to the position of Senior Vice President – Sourcing. Sen will assume this global role on October 1, taking over the operational responsibilities of the Chief Sourcing Officer role, according to an internal email from the German company…
• Explore Top Tequila Brands in India: A Spirited Journey
  30 August 2024, indianretailer.com
  Tequila is gaining the attention of Indians. Over the past five years, the yearly growth rate of tequila consumption in India has exceeded 12 percent. It was customary for Indians to choose cognac or whiskey, but tequila is becoming a popular option today…
• Swiggy Instamart Announces Amitesh Jha as New Chief Executive Officer
  30 August 2024, retail.economictimes.indiatimes.com
  Swiggy, India’s leading on-demand convenience platform, has announced the appointment of Amitesh Jha as the new Chief Executive Officer of its expanding quick commerce arm, Swiggy Instamart, effective September 4…
• Dame Health Launches as India’s Premier Reproductive Wellness Brand
  30 August 2024, indianretailer.com
  Dame Health, India’s new leading brand in reproductive health and wellness, has been introduced to address a range of gynecological issues and support women throughout their reproductive journey…
• Amazon India and Indian Railways Sign MoU to Enhance Parcel Transportation
  30 August 2024, indianretailer.com
  Amazon Transportation Services Private Limited (Amazon India) and the Ministry of Indian Railways have today signed a Memorandum of Understanding (MoU) aimed at strengthening their collaboration for the efficient and speedy transportation of Amazon India packages through the extensive Indian Railways network…
• Max Factor Expands Reach in India with Exclusive Shoppers Stop Partnership
  30 August 2024, indianretailer.com
  Max Factor, the renowned Hollywood makeup brand, has made its debut in India’s physical retail market through a strategic partnership with Shoppers Stop…
• Zomato to Introduce Food Expense Management Platform ‘Zomato for Enterprise’
  30 August 2024, indianretailer.com
  Food delivery major Zomato on Wednesday announced that it is introducing Zomato For Enterprise (ZFE) for companies to solve food expense management…
• The Grammar Rooms Now Open at Khan Market and Gurgaon
  30 August 2024, indianretailer.com
  The Grammar Room has officially made its debut in Khan Market & 32nd Avenue, Gurgaon this August, adding a fresh chapter to Delhi’s vibrant dining scene…
• McDonald’s India Leverages AI to Launch ‘The Signature Collection’
  30 August 2024, indianretailer.com
  Ever imagined a McDonald’s burger in AI? McDonald’s India – North and East is all set to leverage generative artificial intelligence (AI) to launch its new ‘Signature Collection’ of gourmet burgers…
• Sourav Joshi Joins Lava International as Brand Ambassador in New Campaign
  30 August 2024, indianretailer.com
  Lava International Ltd., India’s prominent homegrown smartphone brand, has announced a new partnership with India’s leading YouTube sensation, Sourav Joshi. This collaboration underscores Lava’s commitment to connecting…
• Blue Tribe Partners with Anushka Sharma and Virat Kohli to Launch Its New Product
  30 August 2024, indianretailer.com
  Blue Tribe, renowned for its innovations in plant-based food, has unveiled its latest ad campaign featuring beloved Indian celebrity couple Anushka Sharma and Virat Kohli…
• RTD Beverage Industry Explodes with 52 pc Growth Amid Quick Commerce Dominance
  30 August 2024, indianretailer.com
  India’s rapidly growing young population, with a median age of 28 years, is driving a significant shift in consumer behavior, particularly in the Ready-to-Drink (RTD) beverage market…
• Jewellery brand Tribe Amrapali opens 23rd store in Pune
  30 August 2024, indiaretailing.com
  Fashion jewellery brand Tribe Amrapali, a sub-brand of House of Amrapali, has launched its 23rd retail store across the country in Pune, located at Pune International Airport, Lohegaon, the company said in a press release on Thursday…
• Reliance Retail to enter luxury jewellery segment: Isha Ambani
  30 August 2024, retail.economictimes.indiatimes.com
  “In our Jewels business, we are expanding our design capabilities to offer products tailored to specific occasions and regional tastes, launching both regional and national collections,” she said…
• Cantabil to invest Rs 20 crore to penetrate deeper into tier II cities and beyond
  30 August 2024, retail.economictimes.indiatimes.com
  The brand, which was targeting to close last fiscal with Rs 675 crore revenue ended up closing it at Rs 620 crore, and this fiscal, it is aiming for Rs 750 crore revenue…
• India’s Office Leasing Set To Touch 80 Mn Sqft In 2024
  29 August 2024, rprealtyplus.com
  The Indian office market is poised for another record-breaking year, with leasing across the top 8 cities anticipated to cross 80 million square feet in 2024, according to Cushman & Wakefield’s recent office data. This would be the third consecutive year of surpassing the 70 msf milestone – a first in India’s office history…
• Awfis Space Solutions Partners With Nyati Group
  29 August 2024, rprealtyplus.com
  Awfis Space Solutions Limited (Awfis), India’s leading flexible workspace solutions company has partnered with Nyati group for an additional 3 Lakh square feet of Grade-A workspace…
• Motilal Oswal PE buys 25% stake in Lal Sweets
  29 August 2024, retail.economictimes.indiatimes.com
  Lal Sweets follows an omni-channel strategy, retailing its products across 4,000 modern trade outlets, 7,000 general trade outlets, quick-commerce platforms, e-commerce platforms, and its own website, according to the company. It also operates a travel-focused retail business with 40 outlets at various airports in the country…
• Blinkit seeing growth in smaller cities: Zomato CFO Akshant Goyal
  29 August 2024, retail.economictimes.indiatimes.com
  According to several brokerage firms, Blinkit contributes more to Zomato’s market cap than its mainstay food delivery business. The quick commerce platform, which was acquired by Zomato in 2022, plans to double the count of its dark stores, or micro warehouses, to 1,000 by the end of FY25 and to more than 2,000 by 2026…
• B2B e-tailer Moglix launches next-day delivery services
  29 August 2024, retail.economictimes.indiatimes.com
  ​Live in 12 cities, the service is currently being offered to large enterprises and SMEs. Moglix founder and CEO Rahul Garg shared that the e-commerce platform is planning to extend the service to 40 cities and over 10,000 stock-keeping units in the next six to twelve months…
• Apple’s global revenues to cross $400 billion for 1st time this year: Report
  29 August 2024, retail.economictimes.indiatimes.com
  “After a decline in 2023, 2024 will see growth in several key hardware categories driven by multiple launches. Then there is also a promise of Apple Intelligence being implemented across hardware segments, which has once again created some excitement and could drive upgrades,” Tarun Pathak, Director, Counterpoint Research said…
• Tanishq and De Beers Group partner to expand natural diamond market in India
  29 August 2024, retail.economictimes.indiatimes.com
  Tanishq and De Beers Group have formed a partnership to grow the natural diamond market in India through consumer education and outreach. This collaboration will highlight the value and rarity of natural diamonds, leveraging India’s position as the second largest market globally. The initiative includes a comprehensive marketing campaign aiming to build awareness and attract new customers…
• Trent to Open first Zudio store in Dubai next month
  29 August 2024, retail.economictimes.indiatimes.com
  Retailer Trent, led by Noel Tata, is launching its first overseas Zudio store in Dubai next month, targeting the Indian diaspora. The store will be located in Silicon Oasis Mall. Following significant growth in India, Zudio now contributes over a third of Trent’s total revenue. Expansion plans will depend on the store’s performance…
• Quick commerce on Govt radar; ministries assess impact on kirana stores
  29 August 2024, moneycontrol.com
  Several government ministries have initiated a plan to assess the impact of the rapid expansion of quick-commerce on traditional mom-and-pop stores or kiranas, a government official said on the condition of anonymity…
• GRM Overseas acquires 44% stake in Rage Coffee
  29 August 2024, retail.economictimes.indiatimes.com
  GRM Overseas has taken a major step by acquiring a 44 per cent equity stake in Rage Coffee’s parent company, Swmabhan Commerce. This investment aligns with GRM’s strategy to grow in digital-first and health-focused markets. The partnership aims to expand Rage Coffee’s domestic and international presence, leveraging GRM’s deep industry expertise and distribution capabilities…
• Zomato introduces food expense management platform ‘Zomato for Enterprise’
  29 August 2024, retail.economictimes.indiatimes.com
  “Excited to introduce Zomato for Enterprise (ZFE), a platform designed for companies to solve food expense management. A lot of Zomato orders placed by corporate employees are business-related and need to be reimbursed by the company. The reimbursement process is cumbersome and time-consuming,” Zomato CEO Deepinder Goyal said…
• Bengaluru Marriott Hotel Whitefield Appoints Chef Mohan Sawant as Executive Sous Chef
  29 August 2024, retail.economictimes.indiatimes.com
  Godrej Enterprises Group plans to invest around Rs 4,000 crore to streamline its 14 verticals and boost its consumer-first and nation-first businesses. This includes enhancing its real estate holdings in Mumbai and building its furniture brand Interio into a lifestyle label while focusing on organisational agility and performance…
• Apparel Group Expands into Dehradun and Gandhinagar with Global Brands
  29 August 2024, indianretailer.com
  In a strategic move to tap into the potential of Tier II markets in India, global fashion and lifestyle retail conglomerate Apparel Group has opened new stores in Dehradun, Uttarakhand, and Gandhinagar, Gujarat…
• Tasva Opens Flagship Store in Hyderabad’s Himayatnagar
  29 August 2024, indianretailer.com
  Tasva, the men’s wedding and occasion wear brand from ABFRL in collaboration with designer Tarun Tahiliani, has launched its flagship store in Himayatnagar, Hyderabad. Spanning 4,823 square feet, this new location is positioned in one of the city’s prominent areas, aiming to become a key player in men’s fashion retail in India…
• Tanishq Expands Presence with New Showroom in Muscat
  29 August 2024, indianretailer.com
  Tanishq has inaugurated its first showroom in Muscat, located at The Oman Avenues Mall, in collaboration with Khimji Ramdas, a major business conglomerate in Oman. This expansion into Oman signifies a significant step in Tanishq’s growth, bringing its renowned jewellery collection to a new market…
• Libas Unveils Largest Flagship Bridal Store in Lajpat Nagar
  29 August 2024, indianretailer.com
  Libas, a prominent city-based fast fashion omnichannel ethnic wear brand, has opened its largest flagship bridal store in Lajpat Nagar. Covering an impressive 11,000 sq. ft. across five floors, this new store represents a major expansion for the brand…
• Levi’s Revamps Mumbai Stores to Enhance Retail Experience
  29 August 2024, indianretailer.com
  Levi’s has unveiled two newly revamped ICON stores in Mumbai, located on Linking Road and within Infiniti Mall in Malad. These updates reflect Levi’s continued focus on the direct-to-consumer model and its growth strategy in key international markets, including India…
• Snitch Expands Retail Presence in India with 21st Outlet in Mangalore
  29 August 2024, indianretailer.com
  Snitch, a key player in India’s men’s fashion segment, has launched its 21st retail outlet on K S Rao Road, Mangalore. This strategic expansion enhances the brand’s presence in Karnataka’s retail market, particularly in one of Mangalore’s busiest commercial hubs known for its vibrant shopping environment and high footfall of fashion-conscious consumers…
• Apparel Group Unveils Six New Retail Outlets in Dehradun and Gandhinagar
  29 August 2024, indianretailer.com
  Global fashion and lifestyle retail giant Apparel Group is expanding its reach by bringing international brands to Dehradun, Uttarakhand, and Gandhinagar, Gujarat. The newly opened stores in these cities will feature popular brands such as Beverly Hills Polo Club, Bath & Body Works, Aldo, and R&B…
• MiniKlub Expands Presence with New Store in Ajmer
  29 August 2024, indianretailer.com
  MiniKlub, India’s premier kidswear brand, has announced the grand opening of its newest store at Mittal Mall in Ajmer. This new outlet represents a significant expansion of MiniKlub’s footprint in Rajasthan, reflecting the brand’s dedication to quality, style, and comfort for children…
• Turkish Hazelnuts Launched in India with Major Four-Year Campaign
  29 August 2024, indianretailer.com
  Turkish Hazelnuts, renowned globally as the ‘miracle nut,’ have been officially launched in India through a significant four-year campaign initiated by the Turkish Hazelnut Exporters Associations…
• Roastea Expands to HRBR Layout, Bangalore
  29 August 2024, indianretailer.com
  Roastea, a well-regarded name in the culinary landscape, has opened its newest outlet in HRBR Layout, Bangalore. This new location follows the success of the flagship store in Koramangala and aims to continue Roastea’s tradition of high-quality dining…
• Cafe Avocado by Miss Margarita Opens its Doors in Goa
  29 August 2024, indianretailer.com
  Avocado Cafe has recently opened its doors in Vagator, Goa, providing a coffee shop and all-day cafe that highlights food that has avocado as its central ingredient. The crew behind Miss Margarita by Arriba, lead by Chef Noah Barnes, is behind this project as well…
• Café Delhi Heights Expands to Srinagar with New Outlet
  29 August 2024, indianretailer.com
  Café Delhi Heights has opened its newest outlet in Srinagar, marking its first location in the Kashmir Valley. Located at Silver Square, Jawahar Nagar, the new two-story café offers a welcoming atmosphere with views of the surrounding mountains…
• The Bier Library Opens New Venue in Sarjapur with Expansive Offerings
  29 August 2024, indianretailer.com
  The Bier Library, a well-known literary-themed brewery in Bangalore, has introduced its latest venture, The Bier Library Volume 2, in the bustling area of Sarjapur. This new location merges the brewery’s expertise in craft beer with innovative architectural design to provide a unique experience for its patrons…
• Awfis join hands with Nyati Group to manage three lakh sq ft workspace in Pune
  28 August 2024, realty.economictimes.indiatimes.com
  Awfis Space Solutions will operate a total of 1,67,206 sq ft built up flexible workspaces at Nyati Empress in Viman Nagar and Nyati Enthral in Kharadi, Pune…
• Hyderabad civic body demolishes structures for Unity Mall
  28 August 2024, realty.economictimes.indiatimes.com
  In Raidurg Paigah village, GHMC and revenue officials, protected by police, demolished structures for a new Unity Mall on 5.8 acres, sparking protests. Residents, claiming ownership, said no prior notice was given. TLIDC stated they own the land, and the demolition was according to mall owners’ request. The matter is pending in court…
• Elan Group awards over Rs 500 crore construction contract to Leighton Asia
  28 August 2024, realty.economictimes.indiatimes.com
  The mall will span approximately nine acres with a total built-up area of about 2.5 million sq ft. The construction is expected to begin in November 2024 and is designed by BENOY, an architectural firm…
• Big B’s family office picks up small stake in Swiggy
  28 August 2024, retail.economictimes.indiatimes.com
  As the quick commerce sector continues to gather steam, it is attracting wealthy individuals as investors. Bollywood superstar Amitabh Bachchan’s family office has picked up a stake in small stake in IPO-bound Swiggy. Also, Motilal Oswal Financial Services chairman Raamdeo Agrawal has acquired a stake in Swiggy as well as Zepto…
• Amazon India set to launch quick commerce as competition swells
  28 August 2024, retail.economictimes.indiatimes.com
  Amazon has put together a plan to take on the quick commerce challenge in India, with its own offering which is slated to launch by early next year. The India unit of the etailer has handed over the responsibility of building its quick commerce strategy to senior executive Nishant Sardana as part of a rejig of the top leadership…
• Regional food brands embrace quick commerce for nationwide reach amid festive surge
  28 August 2024, retail.economictimes.indiatimes.com
  Regional and hyperlocal food and beverage brands are increasingly partnering with quick commerce platforms like Blinkit, Zepto, Swiggy Instamart, and BigBasket’s BBNow to expand their reach nationwide and capitalize on the festive season’s demand surge. Brands such as Sweet Karam Coffee and Let’s Try are leveraging these platforms to overcome geographical limitations and make local flavors accessible across India…
• Virgio eyes house of brands strategy; plans offline foray
  28 August 2024, retail.economictimes.indiatimes.com
  Explaining Virgio’s marketing strategy, Nagaram stated, “We are not broadcasting to the entire world. Our marketing team has been very scientific to find the cohort of users, who connect to what we are trying to say. There are signals, as simple as people who are taking BluSmart as a cab – that is a customer we’re going after.”..
• Amazon launches AI assistant ‘Rufus’ in India
  28 August 2024, retail.economictimes.indiatimes.com
  Amazon has launched AI assistant Rufus for customers in India, which will help shoppers get product recommendations, compare customer responses etc. It is available in beta mode for now…
• Japan’s Suntory aims for greater US canned cocktail market share, bets on spirits expertise
  28 August 2024, retail.economictimes.indiatimes.com
  Japan’s Suntory Holdings is betting on its spirits expertise to boost its share in the U.S. canned cocktails market, said a senior official from the drinks giant that aims to become the global leader in the sector by 2030…
• Samoh Expands Footprint with Flagship Store in Hyderabad’s Jubilee Hills
  28 August 2024, indianretailer.com
  Ethnic wear brand Samoh, a premium offering from Tata Group’s retail arm Trent Ltd., has made a significant move by launching its first flagship store in Hyderabad…
• Corneliani Reopens Renovated Store at DLF Emporio, New Delhi
  28 August 2024, indianretailer.com
  Corneliani, a leading name in Italian luxury apparel, has marked the grand reopening of its newly renovated store at DLF Emporio, New Delhi, on August 24th, 2024. The newly redesigned retail space reflects the brand’s commitment to modern luxury and sophisticated style…
• Omaxe Chowk Welcomes Top Designer Stores in Old Delhi
  28 August 2024, indianretailer.com
  Omaxe Chowk, the iconic commercial hub located in the heart of Chandni Chowk, Old Delhi, has announced the opening of flagship stores by several prominent designer ethnic and fashion wear labels…
• 10 Best Luggage Brands in India
  28 August 2024, indianretailer.com
  Ready to elevate your travel style? The Indian luggage market is booming, with brands like Safari and Aristocrat seeing over 40 percent growth in affordable options, while premium names like Tommy Hilfiger, Samsonite, and Delsey double their presence…
• Decathlon to Invest Rs 933 Cr in India for Retail Expansion
  28 August 2024, indianretailer.com
  Decathlon, the French sports retailer, is set to invest €100 million (approximately Rs 933 crore) in India over the next five years to strengthen its retail and production operations. India, one of Decathlon’s fastest-growing markets, is poised to play a significant role in the company’s global expansion strategy…
• Raymond Lifestyle Ltd Expands Board with New Non-Executive Director
  28 August 2024, indianretailer.com
  Raymond Lifestyle Ltd. (RLL) has announced the appointment of Rajiv Sharma as a Non-Executive Director, expanding its Board of Directors. Sharma, who brings over 30 years of global leadership experience, previously served as Group CEO of Coats Group, a leading manufacturer of threads and structural components for apparel and performance materials…
• Crown Basmati Rice Introduces New Diet Rice – Is This the Future of Healthy Eating?
  28 August 2024, retail.economictimes.indiatimes.com
  Crown Rice has introduced its latest product, Diet Rice, a premium low glycemic index (GI) Basmati rice tailored for health-conscious consumers in India and across its expanding global markets…
• Top 5 Streetwear Brands in India with a Blend of Culture and Style
  28 August 2024, indianretailer.com
  When hip-hop music and culture started to become more popular in India in the 1980s and 1990s, that is when streetwear emerged in the nation. People are keen to show their uniqueness via their attire, which has led to a growing interest in streetwear fashion as a result of this cultural shift…
• Mokobara Expands to Punjab with First Store at Amritsar’s Nexus Mall
  28 August 2024, indianretailer.com
  Travel and lifestyle brand Mokobara has officially entered the Punjab market with the opening of its first store in the state at Nexus Mall in Amritsar. The announcement was made by Ayushi Yadav, Head of Business Development at Mokobara…
• Dreame Technology Debuts High-Performance Grooming Products in India
  28 August 2024, indianretailer.com
  Dreame Technology, a global leader in smart home appliances, has announced its entry into the personal grooming market with the launch of a new range of high-performance products in India…
• French Essence Expands into Men’s Grooming with New MENZ Brand
  28 August 2024, indianretailer.com
  French Essence, renowned for its top-tier perfumes, is expanding its offerings with the launch of MENZ, a new brand dedicated to premium grooming products for men. This new venture marks French Essence’s entry into the men’s grooming market, introducing a range of high-quality products including shaving foam, aftershave, hair spray, and other essential grooming items…
• Cricketer KL Rahul Invests in Metaman’s Premium Perfume Line
  28 August 2024, indianretailer.com
  GreenPioneer Mobility India, a leading name in sustainable mobility solutions, has introduced ‘NonStop,’ an innovative retail experience store that aims to transform the accessibility of rehabilitation and mobility products across India…
• Tribe Amrapali Expands Retail Footprint with New Store at Pune Airport
  28 August 2024, indianretailer.com
  In a retail landscape increasingly shaped by e-commerce, valued at around USD 55 billion, Tribe Amrapali, a sub-brand of the esteemed House of Amrapali, is making a significant impact by expanding its physical presence…
• Rebel Foods on Expansion Spree; Targets 120 Cities in Next Two Years
  28 August 2024, retail.economictimes.indiatimes.com
  Rebel Foods, that own brands like Behrouz Biryani, Faasos, Oven Story Pizza, amongst others is planning to expand its to 120 cities within the next two years…
• Los Cavos Brings Latin American Flavors to Bengaluru’s Indiranagar
  28 August 2024, indianretailer.com
  Los Cavos, Mumbai’s well-known Latin-American dining spot, is set to open its doors in Bengaluru’s Indiranagar this August. The new venture by V&RO Hospitality promises a menu rich in Peruvian cuisine and innovative cocktails, with Chef Rafael Estremadoyro García, a two-Michelin star chef, leading the culinary team…
• Bengaluru Marriott Hotel Whitefield Appoints Chef Mohan Sawant as Executive Sous Chef
  28 August 2024, indianretailer.com
  Bengaluru Marriott Hotel Whitefield has announced the appointment of Chef Mohan Sawant as the new Executive Sous Chef. Bringing over 15 years of culinary experience, Chef Mohan is set to enhance the hotel’s dining offerings with his expertise in Western, Italian, and fusion cuisine…
• Blackstone, GIC among ten bidders for LOGOS India’s three logistics assets
  27 August 2024, realty.economictimes.indiatimes.com
  Global investment giants such as Blackstone, GIC, and Mitsui OSK Lines have submitted bids to acquire LOGOS India’s logistics assets. These assets, spanning nearly 5 million sq ft in Chennai and Haryana, are reported to have an occupancy rate of over 95%…
• Goa: Chimbel residents to oppose Unity mall
  27 August 2024, realty.economictimes.indiatimes.com
  ​​The gram sabha members argued that the proposed location for the mall is “a wetland area adjacent to Chimbel lake”, which is considered ecologically fragile. They said that the site must be conserved and that no construction should be allowed…
• How DavaIndia is offering quality products at affordable prices?
  27 August 2024, retail.economictimes.indiatimes.com
  Dr Sujit Paul, Group CEO of Zota Healthcare shares how the company is catering to the masses by offering them pleothra of quality products at comparatively affordable prices. He also spilled the beans on how the company is planning to capture the consumers online…
• Raymond Lifestyle appoints Rajiv Sharma as non-executive director
  27 August 2024, retail.economictimes.indiatimes.com
  The appointment follows Raymond’s plan to list the demerged business – Raymond Lifestyle Limited, in early September…
• FSSAI withdraws advisory on removal of claims of ‘A1′, A2’ types of milk, milk products
  27 August 2024, retail.economictimes.indiatimes.com
  The Food Safety and Standards Authority of India (FSSAI) has withdrawn its advisory that directed food businesses to remove ‘A1’ and ‘A2’ claims from milk products packaging. This step allows companies to continue marketing products with these claims. The decision comes after a need for further consultations with stakeholders was identified…
• Prasuk Jain Hospitality to invest Rs 180 crore to expand its presence to 50 centers by this fiscal end
  27 August 2024, retail.economictimes.indiatimes.com
  The company, which closed the last fiscal with Rs 180 crore in topline, is aiming Rs 480 crore in topline by this fiscal year end…
• ITC shifts gears with new food range for those over 45
  27 August 2024, retail.economictimes.indiatimes.com
  ITC Foods is turning its attention to consumers aged 45 and above, a group frequently overlooked for younger demographics. Known for brands like Aashirvaad atta and Sunfeast biscuits, ITC is launching a new health-focused line, including upma, oats, cookies, and enriched atta, under the “right shift” brand…
• KL Rahul invests in Drip Project’s perfume brand Metaman
  27 August 2024, retail.economictimes.indiatimes.com
  KL Rahul, Indian cricketer, has invested in and become the brand ambassador for Metaman, a premium fragrance range by Drip Project. Founded in 2022, Metaman aims to offer high-quality products to modern Indian men. Rahul’s involvement highlights his interest in significant projects, marking a long-term investment beyond his cricketing career…
• Janmashtami festivities drive business across India, sales exceed Rs 25,000 crore: CAIT
  27 August 2024, retail.economictimes.indiatimes.com
  Janmashtami celebrations across India resulted in a business surge of over Rs 25,000 crore, according to CAIT. The festival, marked by significant sales of flowers, sweets, and decorative items, was celebrated with great enthusiasm, particularly in North and West India, underscoring its economic significance…
• BigBasket set to fully play in quick commerce league
  27 August 2024, retail.economictimes.indiatimes.com
  Once the largest online grocery player in the country, Tata-owned BigBasket fell behind the young quick commerce upstarts as the new model of rapid deliveries caught customer fancy. The 13-year-old firm is now charting a comeback in this space…
• Value-for-money fashion spurs Trent’s 129% surge
  27 August 2024, retail.economictimes.indiatimes.com
  Trent’s sales surged 56% in the latest quarter, surpassing rivals such as Avenue Supermarts Ltd. and Aditya Birla Fashion & Retail Ltd., even as extreme heatwaves and recent national elections suppressed consumption in India. ..
• Solitaire sales may sparkle this festive season on lower prices
  27 August 2024, retail.economictimes.indiatimes.com
  Indians are indulging in diamond purchases thanks to a drop in solitaire prices since last Diwali. This price decline has raised expectations for strong solitaire sales during the upcoming festive season, according to jewellers. The cost of the most popular 1-carat solitaire diamonds has decreased from Rs 4.2 lakh last Diwali to Rs 3.4 – 3.5 lakh currently. This reduction has made these gemstones more accessible for consumers, especially for wedding rings…
• India’s gold duty cut likely to spark buying spree during festivals
  27 August 2024, retail.economictimes.indiatimes.com
  Gold demand in India during the upcoming festive season is likely to remain robust, as the substantial reduction in import duty has made prices appealing, providing comfort to retail consumers and encouraging purchases, industry officials said…
• Millets in a bottle: Whisky companies go vocal for local
  27 August 2024, retail.economictimes.indiatimes.com
  Historically, Scottish and Irish distillers have used barley as their primary grain, while Canadians and Americans use corn, rye, and wheat. India does not have a dominant global indigenous liquor similar to Baiju in China or Japanese rice wine Sake. The market is dominated by locally produced and adapted versions of European spirits, called Indian-made foreign liquor (IMFL), despite nearly every state having its own version of distilled spirit…
• Zomato to announce a dedicated going-out app soon
  27 August 2024, retail.economictimes.indiatimes.com
  Zomato recently purchased the events and movie ticketing arm of Paytm. In a letter to the shareholders, Zomato CEO Deepinder Goyal said that the company will soon bring a dedicated app for going-out. Stating that the food delivery platform wants to position District as the brand that consumers turn to when they are thinking of going out, Goyal also listed details of the upcoming app…
• GreenPioneer Mobility India Launches NonStop Retail Stores for Mobility Solutions
  27 August 2024, indianretailer.com
  GreenPioneer Mobility India, a leading name in sustainable mobility solutions, has introduced ‘NonStop,’ an innovative retail experience store that aims to transform the accessibility of rehabilitation and mobility products across India…
• How bigbasket is Transforming India’s Retail Industry with Eco-Friendly Practices and Fair Pricing on Organic Products!
  27 August 2024, indianretailer.com
  As India’s leading online grocery retailer, bigbasket has taken on the responsibility of not only delivering quality groceries to millions of homes but also setting new benchmarks in sustainability and ethical practices…
• When Old Meets New: Marrying GenAI with Conventional CX Strategies for E-commerce Success
  27 August 2024, indianretailer.com
  With more people in India shopping online than ever before, customer experience has become a priority for many e-commerce businesses. Orders worth $46.67 billion were placed in India last fiscal year, putting these businesses under significant pressure to not just deliver seamless and convenient customer experiences, but to do so at scale…
• $5 Billion in Funding Powers India’s D2C Retail Surge – What’s Driving the Growth?
  27 August 2024, indianretailer.com
  India’s retail scene is in the midst of a massive transformation, with Direct-to-Consumer (D2C) brands leading the charge. The COVID-19 pandemic has turbocharged the D2C model, allowing brands to skip traditional retail channels and connect directly with consumers…
• Shobitam Expands Global Reach with Acquisition of Isadoralife
  27 August 2024, indianretailer.com
  Shobitam, a prominent D2C ethnic fashion brand, has announced its acquisition of Isadoralife, a leading ready-to-wear saree brand. This strategic acquisition aims to bolster Shobitam’s global presence and propel the growth of ethnic fashion on an international scale, while contributing significantly to the fashion startup ecosystem in India…
• Marico Introduces Hair & Care Oil in Serum: Style and Nourishment in One
  27 August 2024, indianretailer.com
  Marico Ltd.’s Hair & Care brand, known for delivering up to 100 percent damage repair, has announced the launch of its innovative Hair & Care Oil in Serum. This new product combines the styling benefits of a serum with the nourishing power of almond oil…
• Velocity Unveils Rs. 400 Cr Fund for D2C Brands Ahead of Festive Season
  27 August 2024, indianretailer.com
  Velocity, India’s leading cash flow-based financing platform, has announced a significant allocation of Rs.400 crore to support the financing needs of D2C and E-commerce brands in preparation for the upcoming festive season sales…
• Goodveda Plans $1 Mn Fundraising as Revenue and Customer Base Soar
  27 August 2024, indianretailer.com
  Goodveda, a fast-emerging D2C startup specializing in supplements, Ayurvedic remedies, snacks, and wellness programs, is poised for significant growth in both revenue and customer base…
• PowerMax Launches Global Expansion, Targeting Key Fitness Markets Worldwide
  27 August 2024, indianretailer.com
  PowerMax, India’s leading fitness equipment brand, has announced its global expansion into countries such as Qatar, Saudi Arabia, the UK, and Dubai…
• epres by Eric Pressly Launches in India, Pioneering Next-Gen Haircare Technology
  27 August 2024, indianretailer.com
  Eric Pressly, the visionary scientist and inventor renowned for his groundbreaking contributions to haircare, is set to introduce his latest innovation, epres, to the Indian market…
• NCDRC issues non-bailable warrant against Mantri Developers’ founder
  26 August 2024, realty.economictimes.indiatimes.com
  According to the order issued by the NCDRC on January 31, 2022, Mantri Estate Management Private Limited and others had collected Rs 7,12,86,650 from 302 flat owners…
• How Shein, Zudio can ride $50 billion opportunity in India
  26 August 2024, retail.economictimes.indiatimes.com
  The Fast Fashion sector in India saw a 30-40 per cent growth in FY24, significantly outpacing the overall fashion industry’s 6 per cent growth. Shein’s return with Reliance Retail aims to enhance the competitive landscape. Essential factors like trend identification, rapid production, efficient supply chains, and competitive pricing contribute to brands’ success in this booming market…
• ‘Fundamental principle of fashion retailing remains unchanged,’ says New Look’s founder Tom Singh
  26 August 2024, retail.economictimes.indiatimes.com
  Tom Singh, founder of New Look, discusses his retail journey and strategies for staying competitive. He highlights the importance of understanding customer needs and leveraging technology. Singh also shares his thoughts on the Indian market and his involvement with Ace Turtle, which supports international brands like Lee and Wrangler…
• Top FMCG brands bet big on functional food market
  26 August 2024, retail.economictimes.indiatimes.com
  Major food companies including ITC, Adani Wilmar, Tata Consumer, BigBasket, and Emami Agrotech are now prioritising functional foods tailored for health-conscious consumers. These products, ranging from low cholesterol ghee to low glycemic index foods, are sold at steep premiums. Limited supply and technology costs contribute to the higher prices…
• Premium consumer electronics sales growing faster online than in stores
  26 August 2024, retail.economictimes.indiatimes.com
  Online sales of high-value electronics such as air-conditioners, washing machines, and laptops grew significantly faster than offline sales in the first half of 2024. GfK-NielsenIQ data revealed a 17% increase in online consumer electronics sales compared to 12% offline. Consumers now prefer the convenience and better deals offered by online shopping platforms…
• Walmart’s exit raises questions about JD.com’s future
  26 August 2024, retail.economictimes.indiatimes.com
  Walmart announced this week a full exit from the Beijing-based e-commerce platform, selling off its $3.74 billion stake, which triggered a 10% slump in its share price and raised questions about JD.com’s ability to withstand the changed landscape. “JD.com’s stated strategy is to work with the manufacturers on low-cost versions of premium value goods, which sounds great, but I’m sceptical this will be the biggest driver of growth in the short term,” said tech analyst Rui Ma…
• Strong execution key to Zepto’s success
  26 August 2024, financialexpress.com
  Analysts also see Zepto as the best bet for investors in terms of direct exposure to quick commerce since other top players (Blinkit and BBNow) are deep-pocketed and already either acquired by top companies or run as a vertical by an established player (Swiggy Instamart)…
• Zomato launches ‘Order Scheduling’ feature; users can plan meals two days in advance
  26 August 2024, financialexpress.com
  Zomato, a food delivery platform, has released a new feature ‘Order Scheduling’ that lets users plan their meals up to two days in advance. This service represents a substantial improvement to the company’s offerings as it is currently offered in several major Indian cities…
• Wearables war: Chinese phone cos focusing on premium launches via bundled offerings
  26 August 2024, retail.economictimes.indiatimes.com
  Among brands that have recently forayed into the wearable segment, OnePlus already has two Google’s Wear OS-powered smartwatches in the market, priced well above the market average. These watches run on a customised Android operating system, with high-level integration with Android phones, competing with Samsung and Apple…
• Temasek in talks for up to $150-million bite of Rebel Foods
  26 August 2024, retail.economictimes.indiatimes.com
  Temasek, Singapore’s sovereign wealth fund, is in advanced talks to lead a $100-150 million investment in Rebel Foods, the parent company of brands such as Faasos and Behrouz Biryani, sources said. Started in 2011 by Jaydeep Barman and Kallol Banerjee, the company plans to go public in the coming 1-2 years…
• Zara Strengthens Presence in India with New Pune Store
  26 August 2024, indianretailer.com
  Zara, the global fashion brand owned by Inditex, has opened its 23rd retail store in India, located at the Phoenix Mall of the Millennium in Pune, as announced by a company official on social media…
• Hawkins Cookware Now Available in Just 10 Minutes via Swiggy Instamart
  26 August 2024, indianretailer.com
  In a move set to redefine convenience in kitchen shopping, Swiggy Instamart, India’s leading quick commerce platform, has announced the exclusive launch of Hawkins Cookers Limited products on its platform…
• Mamaearth Launches Kerala Thaali Hair Care Range in Strategic Retail Expansion
  26 August 2024, indianretailer.com
  Mamaearth has unveiled its Kerala Thaali Hair Care Range, marking a new chapter in its regional product innovation strategy. This latest offering reflects Mamaearth’s commitment to integrating India’s diverse cultural and natural elements into its product line…
• Bikaji Foods Acquires 55 Percent Stake in Ariba Foods for Rs 60.49 Cr
  26 August 2024, indianretailer.com
  Bikaji Foods International Ltd. has acquired a 55 percent equity stake in Ariba Foods Private Limited, a Ujjain-based company known for its snacks and frozen foods, including samosas, naans, parathas, and sweets. This strategic investment of Rs 60.49 crore will bolster Bikaji’s capabilities in frozen food production and broaden its market reach…
• When Old Meets New: Marrying GenAI with Conventional CX Strategies for E-commerce Success
  26 August 2024, indianretailer.com
  With more people in India shopping online than ever before, customer experience has become a priority for many e-commerce businesses. Orders worth $46.67 billion were placed in India last fiscal year, putting these businesses under significant pressure to not just deliver seamless and convenient customer experiences, but to do so at scale…
• How Technology is Improving Last-Mile Delivery during Holiday Season
  26 August 2024, indianretailer.com
  India’s festive seasons, marked by celebrations like Dussehra, Diwali, Christmas, and New Year, see a dramatic increase in consumer activity. This surge in demand, coupled with a high festive sales pitch that sets the tempo…
• The Future of E-Commerce: Integrating AI and Virtual Reality for an Immersive Retail Experience
  26 August 2024, indianretailer.com
  Online shopping is quickly evolving with the help of new technology. Artificial Intelligence (AI) and Virtual Reality (VR) are making shopping more interactive and personalized. According to Mordor Intelligence, the AI in Retail market is estimated to be worth $9.85 billion in 2024 and is expected to grow to $40.49 billion by 2029…
• ASOS Enters India Exclusively Via AJIO
  26 August 2024, indianretailer.com
  India’s leading fashion e-tailer, AJIO, announced the exclusive launch of the iconic British fashion brand ASOS in India today. For the first time ever, Indian consumers can shop ASOS’s globally popular styles exclusively on AJIO…
• Indriya Showcases Indian Jewellery Craftsmanship in New Film
  26 August 2024, indianretailer.com
  Indriya, a division of the Aditya Birla Group, has unveiled a new film celebrating the artistry and heritage of Indian jewellery. Each piece at Indriya reflects a blend of traditional Kaarigari with modern design elements, presenting a contemporary take on classic jewellery styles…
• Brands For Less Partners with TJX Companies in Strategic Stake Sale
  26 August 2024, indianretailer.com
  Brands For Less (BFL Group), a prominent off-price retailer of fashion, homeware, and toys in the region, has announced a strategic agreement with global off-price retailer The TJX Companies, Inc. (TJX) to sell a 35 percent stake in its business…
• Quality Over Cost: The Surging Demand for Premium Dairy Brands
  26 August 2024, indianretailer.com
  Gone are the days when price was the sole deciding factor in the dairy aisle. Today, a new wave of health-conscious consumers is driving a surge in demand for premium dairy brands…
• NCDRC issues non-bailable warrant against Mantri Developers’ founder
  26 August 2024, realty.economictimes.indiatimes.com
  According to the order issued by the NCDRC on January 31, 2022, Mantri Estate Management Private Limited and others had collected Rs 7,12,86,650 from 302 flat owners…
• Reliance retail, UK footwear co Clarks end JV after 2 years
  24 August 2024, retail.economictimes.indiatimes.com
  Reliance Retail and UK-based Clarks have ended their joint-venture partnership, reportedly due to differences over terms. Clarks has subsequently begun closing its stores in India, including those in Inorbit and DLF malls. Clarks initially entered India in 2011 with a partnership with Future Group, which later went bankrupt. Clarks’ future plans in India remain unclear…
• Amazon India set to tweak seller fees ahead of festive season
  24 August 2024, retail.economictimes.indiatimes.com
  Amazon India adjusted its seller fee structures starting September 9. Reduced commissions across multiple categories aimed at supporting sellers during the festive season, with a focus on low-priced products. Categories such as ethnic wear and home furnishings saw significant fee reductions, while others like backpacks and studded fine jewellery had fee increases…
• Bikaji Foods acquires 55% stake in Ariba Foods for Rs 60.5 cr
  24 August 2024, retail.economictimes.indiatimes.com
  “This strategic move not only strengthens our capacity for export growth but also supports our entry into the QSR segment. By integrating Ariba’s state-of-the-art production capabilities, we aim to enhance our frozen snacks and savouries manufacturing,” said Deepak Agarwal, MD, Bikaji Foods International…
• Quick-commerce vs e-commerce: Ready for the new pricefight in town?
  24 August 2024, retail.economictimes.indiatimes.com
  Quick-commerce operators like Blinkit, Swiggy Instamart, and Zepto matched prices with major ecommerce platforms Amazon and Flipkart, aiming to attract consumers. This strategy marked a shift from their previous 10-15% premium charges for instant deliveries. The move has triggered a price war and increased competition for faster services in the home delivery market…
• Reliance-owned Ajio expands its fashion portfolio with ASOS, marking British brand’s India debut
  24 August 2024, retail.economictimes.indiatimes.com
  Reliance-owned Ajio has launched British fashion brand ASOS on its platform, marking ASOS’s entry into the Indian online retail market. The partnership introduces over 3,000 ASOS products, including lines like ASOS Design and ASOS Luxe. This move enhances Ajio’s collection of exclusive international brands and targets young Indian fashion enthusiasts, the company said in a press release on Friday. ..
• Kisanserv plans to expand to 250 stores, create 6000 jobs in the next four years
  24 August 2024, retail.economictimes.indiatimes.com
  With this move, it expects to create 2,000 direct jobs and 4,000-5,000 indirect jobs, focusing on hiring from local communities and prioritising female staff…
• Metro Brands on track to set up 225 stores over two years, eyes 10-15% sales growth, says CFO
  24 August 2024, retail.economictimes.indiatimes.com
  Metro Brands, a Mumbai-based footwear retail company, is on track to open 225 stores over the next two financial years, supported by its regular cash accruals, and expects strong sales in the second half of this fiscal.“We anticipate sales growth of 10-15% and are guiding a long-term CAGR of 15-18%,” Kaushal Parekh, CFO of Metro Brands Limited, told ETCFO at the Retail CFO Summit held in Mumbai…
• Joyalukkas plans new online-only jewellery brand as market expands
  24 August 2024, financialexpress.com
  Unlike Titan and Kalyan Jewellers, which entered the online jewellery market through acquisitions—buying brands like Caratlane and Candere, respectively—Joyalukkas intends to pursue organic growth for its online expansion…
• UK brand Laura Ashley set to enter India
  24 August 2024, retail.economictimes.indiatimes.com
  Laura Ashley, an iconic British lifestyle brand, is set to enter the Indian market through a licensing model next year. Partnered with Bradford License India, they aim to launch in early 2025, focusing on textiles, soft furnishings, wallpaper, furniture, and upholstery. Products will be available through exclusive brand outlets and online platforms…
• Chanel buys 25% stake in niche Swiss watchmaker MB&F
  24 August 2024, retail.economictimes.indiatimes.com
  Chanel has bought a 25% stake in high-end Swiss watchmaker MB&F, known for its quirky watch designs, the French luxury house said on Thursday, adding it was part of strategy to increase its presence in watch-making…
• Britain’s JD Sports reports quarterly sales rise in volatile market
  24 August 2024, retail.economictimes.indiatimes.com
  British sportswear retailer JD Sports Fashion reported a 2.4% rise in second-quarter underlying sales, an improvement on the previous quarter, but said it was cautious on its outlook for the rest of the year as the global macro environment remains volatile…
• FMCG distributors flag q-comm concerns in letter to govt
  24 August 2024, financialexpress.com
  The federation expressed concerns that the rise of quick commerce not only creates an uneven playing field but also threatens the livelihoods of millions of small retailers and distributors who have long been the backbone of India’s retail sector…
• Nestle replaces CEO Schneider with company veteran Freixe
  24 August 2024, retail.economictimes.indiatimes.com
  Nestle is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said on Thursday, marking a change of leadership as it faces a challenge to grow sales…
• Brazilian brand Tropicool eyes expansion in India; aims to sell 30,000 litres of acai products this fiscal
  24 August 2024, retail.economictimes.indiatimes.com
  Tropicool, a Brazilian superfood brand, is expanding in India through Shop-in-Shop and franchise models. The brand aims to attract GenZ and millennial consumers with products tailored to Indian tastes. It currently has 11 outlets and plans to expand in cities including Pune, Delhi, Bangalore, and Goa, targeting 30,000 liters sales of acai products by the fiscal-end…
• Walmart partners with Burger King to offer discounted deals to members
  24 August 2024, retail.economictimes.indiatimes.com
  Walmart has collaborated with Burger King to provide its Walmart Plus members discounted meal benefits. Members can enjoy 25% off on digital orders at Burger King and receive a free Whopper burger every three months with any purchase, starting September. This move is aimed at competing with Amazon Prime and attracting price-conscious customers…
• India Inc’s high inventory shows consumption demand weakness
  24 August 2024, financialexpress.com
  Corporate India’s inventory levels are yet to fall to the relatively healthy levels reported before the pandemic, leave alone the still lower levels seen in the economy’s high growth phase during the first decade of the millennium…
• Zara Strengthens Presence in India with New Pune Store
  24 August 2024, indianretailer.com
  Zara, the global fashion brand owned by Inditex, has opened its 23rd retail store in India, located at the Phoenix Mall of the Millennium in Pune, as announced by a company official on social media…
• How Technology is Improving Last-Mile Delivery during Holiday Season
  24 August 2024, indianretailer.com
  India’s festive seasons, marked by celebrations like Dussehra, Diwali, Christmas, and New Year, see a dramatic increase in consumer activity. This surge in demand, coupled with a high festive sales pitch that sets the tempo..
• The Future of E-Commerce: Integrating AI and Virtual Reality for an Immersive Retail Experience
  24 August 2024, indianretailer.com
  Online shopping is quickly evolving with the help of new technology. Artificial Intelligence (AI) and Virtual Reality (VR) are making shopping more interactive and personalized. According to Mordor Intelligence, the AI in Retail market is estimated to be worth $9.85 billion in 2024 and is expected to grow to $40.49 billion by 2029…
• Modern Solutions for Rural Retail
  24 August 2024, irecwire.com
  Kirana stores in rural India are undergoing a significant transformation. Innovative efforts are modernizing these traditional retail hubs, bringing modern retail practices and technology to smaller towns and villages…
• French-Bagel Chain Bagelstein Enters India; Targets 100 Stores in 5 Years
  24 August 2024, indianretailer.com
  RI EXCLUSIVE: Bagelstein, a beloved French brand, known for its authentic bagels and vibrant, quirky atmosphere has entered India. The group has partnered with International franchisee firm FranGlobal to enter and expand its operation in India…
• Nothing Before Coffee Unveils Ambitious Global Expansion Plans
  24 August 2024, indianretailer.com
  India’s rapidly growing coffee chain, Nothing Before Coffee (NBC), is celebrating its 7th anniversary with a series of promotions and loyalty rewards, underscoring its strong presence in the retail and hospitality sectors across India…
• New San Francisco-Themed Restaurant Opens in Malviya Nagar
  24 August 2024, indianretailer.com
  A new restaurant offering an authentic taste of San Franciscan cuisine has opened at the Eldeco Centre in Malviya Nagar. This establishment is the first of its kind to bring the essence of San Francisco, California, to India. ..
• Zomato Discontinues Intercity Food Delivery Service ‘Legends’ After Two Years
  24 August 2024, indianretailer.com
  Zomato has decided to discontinue its intercity food delivery service, “Legends,” following two years of operation. Deepinder Goyal, CEO of Zomato, shared the update on the social media platform X (formerly Twitter), stating, “After two years of trying, not finding product market fit, we have decided to shut down the service with immediate effect.”..
• 818 Tequila Expands Its Reach to Mumbai
  24 August 2024, indianretailer.com
  Following a successful launch in Delhi, 818 Tequila, the award-winning brand founded by Kendall Jenner, has officially entered the Mumbai market. This expansion is a significant step in 818 Tequila’s strategy to establish itself as a leading choice for tequila enthusiasts across India…
• Zoya is well capitalised to meet the growing demand for luxury in India: Titan MD
  23 August 2024, retail.economictimes.indiatimes.com
  “In the coming few years, we foresee Zoya growing at the rate of 50 per cent CAGR because of the increasing opportunities in the luxury space,” CK Venkatraman, MD, Titan said…
• PE firm Warburg Pincus sells 6.45% in Kalyan Jewellers for Rs 3,584 cr
  23 August 2024, retail.economictimes.indiatimes.com
  “Pursuant to LODR regulations, we wish to inform you that basis an intimation dated August 21, 2024, received from Trikkur Sitarama Iyer Kalyanaraman, a share purchase agreement (SPA) has been executed on August 21, 2024, between Highdell Investment (Highdell), and the promoter of Kalyan Jewellers India Ltd,” the company said…
• What’s eating up Kellanova’s India Business?
  23 August 2024, retail.economictimes.indiatimes.com
  In India, Kellogg started its first manufacturing plant in 1994. Its second unit opened in 2016, followed by a research and development centre to develop breakfast products for India and other emerging markets in the Asia-Pacific. Four years ago, the company that globally relies on western style breakfast options, launched Indian options including upma in select markets to widen its consumer base, a strategy which has not worked yet…
• Dabur to set foot in South India: Co to set up Rs 400 cr manufacturing facility in Tamil Nadu
  23 August 2024, retail.economictimes.indiatimes.com
  Dabur has announced a Rs 400 crore investment to set up its first manufacturing plant in South India, located in Tamil Nadu’s SIPCOT Food Park. The project is anticipated to generate direct employment for 250 people and benefit local farmers. The new plant aims to meet growing demand in the southern market more effectively…
• Hangyo Ice Creams raises Rs 211 crore from Faering Capital
  23 August 2024, retail.economictimes.indiatimes.com
  Hangyo Ice Creams, a Mangaluru-based company, has secured funding worth Rs 211 crore from Faering Capital. The funds will be used to strengthen production capabilities and develop new offerings. This comes amid ice cream brands attracting venture capital funding…
• Nestle CEO Mark Schneider resigns; company veteran Laurent Freixe to take over as chief
  23 August 2024, livemint.com
  Nestle SA chief executive officer (CEO) Mark Schneider has stepped down after almost eight years to be replaced by the fast-moving consumer goods (FMCG) company’s veteran Laurent Freixe at the top spot…
• BookMyShow’s business story gets Zomato’s Paytm plot twist
  23 August 2024, retail.economictimes.indiatimes.com
  BookMyShow may face strong competition from Zomato after its acquisition of Paytm’s ticketing business. Zomato plans to leverage its customer base and profits from other businesses to scale its new going-out vertical, aiming to grow its order value to over Rs 10,000 crore by FY26…
• Coca-Cola appoints Greishma Singh as Marketing VP
  23 August 2024, retail.economictimes.indiatimes.com
  Beverage maker Coca-Cola India has appointed Greishma Singh as vice-president, marketing. Singh moves from her current role as vice-president – customer and commercial leadership, where she led revenue growth management, value to market, customer value creation and a customer management group…
• Target raises 2024 profit forecast after price cuts boost quarterly sales
  23 August 2024, retail.economictimes.indiatimes.com
  Shares of the Minneapolis-based retailer rose 16%, touching a near four-month high of $167.40. The stock was set for its best day in over nine months after the chain said it expects 2024 profit in the range of $9.00 to $9.70 per share, up from its prior forecast of $8.60 to $9.60…
• India retained its growth momentum in Q1 of FY25, says FinMin’s monthly economic review
  23 August 2024, retail.economictimes.indiatimes.com
  As highlighted by the report, India’s key economic indicators present a positive outlook, underpinned by robust domestic activity, improving external trade, and growing capital flows. It also showed that perceived employment conditions show mixed signals, overall growth indicators suggest sustained momentum as FY25 progresses…
• Brands For Less sells 35% stake to TJX for $360 million
  23 August 2024, retail.economictimes.indiatimes.com
  Brands For Less (BFL Group) has sold a 35 per cent stake to The TJX Companies, enhancing its expansion plans beyond the GCC region. This deal, valuing BFL at $1.2bn, allows BFL to benefit from TJX’s strategic guidance and international expertise. Financial advisory was provided by deNovo Partners, and legal counsel by White & Case…
• Reliance Retail and Clarks End Joint Venture; UK Brand to Exit Indian Market
  23 August 2024, indianretailer.com
  Reliance Retail and UK-based footwear giant Clarks have ended their two-year joint venture, marking a significant shift in the retail landscape. The decision comes amid substantial disagreements over various terms of their partnership, according to sources familiar with the situation…
• Indian GDP Growth Slows to 6.0 pc in Q1 FY2025 Amidst Reduced Government Spending & Weaker Consumer Confidence
  23 August 2024, indianretailer.com
  The Indian economy is witnessing a temporary deceleration in its growth trajectory, as projected by ICRA. The year-on-year (YoY) expansion of the GDP is expected to moderate to a six-quarter low of 6.0 percent in Q1 FY2025, down from 7.8 percent in Q4 FY2024…
• BSH Expands Retail Footprint with New Bosch Brand Store in Bengaluru
  23 August 2024, indianretailer.com
  BSH Home Appliances Pvt. Ltd, a subsidiary of BSH Hausgeräte GmbH, the global leader in home appliances, has opened a new premium Bosch Brand Store in Bengaluru, Karnataka. This strategic expansion is part of BSH’s broader mission to introduce global retail standards in India…
• Funskool India Secures Rights to Manufacture and Distribute CATAN
  23 August 2024, indianretailer.com
  In a significant development for the retail sector in India, Funskool India Ltd has acquired the rights from Asmodee to manufacture and distribute the internationally renowned board game CATAN…
• How India’s Modern Trade Channels Achieved 2% FMCG Growth and 4% Tech Durables Surge in 2024
  23 August 2024, indianretailer.com
  India’s modern trade channels experienced a 2 percent growth in FMCG sales and a 4 percent increase in tech durables sales on a moving annual total (MAT) basis. This consistent growth contrasts with other markets in the Asia-Pacific region, where similar sectors have struggled to maintain momentum…
• Kalyan Jewellers Promoter Acquires Warburg Pincus Stake in Strategic Move
  23 August 2024, indianretailer.com
  In a significant retail development in India, Kalyan Jewellers’ promoter T.S. Kalyanaraman has acquired the remaining stake held by Warburg Pincus, marking the conclusion of the private equity firm’s strategic exit from the company…
• Dreame Technology Expands Home Cleaning Range in India
  23 August 2024, indianretailer.com
  Dreame Technology, a prominent name in smart home appliances, has unveiled its latest range of home cleaning products in the Indian retail market. The new lineup includes the intelligent robot vacuum and mop trio—D10 Plus Gen 2, D9 Max Gen 2, and L10 Prime—the H12 Dual Wet and Dry Vacuum, and the versatile Mova J10, J20, and J30 cordless stick vacuums…
• Inflection Point Ventures Exits Fashor with 33 Pc IRR, Achieves 3.75X Return
  23 August 2024, indianretailer.com
  Inflection Point Ventures (IPV), a leading angel investment platform in India’s retail sector, has successfully exited its investment in Fashor, a fashion brand specializing in trendy and affordable women’s wear…
• DECATHLON Aims to Grow Padel Market Share in India by 300 Pc
  23 August 2024, indianretailer.com
  DECATHLON, a global sports retail giant, is capitalizing on the growing popularity of padel in India. The company has announced an ambitious plan to expand its padel business by over 300 percent and capture 75 percent of the Indian market by 2026…
• Heineken Expands in Karnataka with Silver and Original Variants
  23 August 2024, indianretailer.com
  United Breweries Limited (UBL), India’s largest beer manufacturer and a key part of the HEINEKEN Company, has announced the availability of Heineken Silver and Heineken Original across Karnataka’s retail stores and bars…
• Sanjay Dutt Introduces The Glenwalk’s Zero-Calorie Ginger Ale
  23 August 2024, indianretailer.com
  Sanjay Dutt, a prominent Bollywood actor and long-time brand ambassador for The Glenwalk, has unveiled the latest addition to the premium Scotch whisky brand’s offerings: the Zero-Calorie Ginger Ale…
• Godrej Interio Announces Expansion with 10 New Kitchen Specialty Outlets by FY 2025
  23 August 2024, indianretailer.com
  Godrej Interio, the renowned home and office furniture division of Godrej & Boyce, has announced plans to launch 10 new kitchen specialty outlets across India by the end of the fiscal year (FY) 2025…
• boAt Introduces the Wanderer Smartwatch for Enhanced Child Safety in India
  23 August 2024, indianretailer.com
  In a notable advancement for retail and technology in India, boAt, the world’s second-largest audio and wearable brand, has launched the boAt Wanderer Smartwatch. This 4G-enabled smartwatch is designed to address key concerns of parental safety with features including real-time GPS tracking, geo-fencing, voice and video calling, and SOS alerts…
• STIM Oral Care Unveils Probiotic Toothpaste, Redefining Daily Dental Routine
  23 August 2024, retail.economictimes.indiatimes.com
  In a pioneering development in the field of dental care, STIM Oral Care has unveiled its latest innovation, the STIM Probiotic Toothpaste. This cutting-edge product is set to revolutionize oral hygiene by incorporating the power of dental probiotics, marking a significant advancement in the promotion of optimal oral health…
• Uppercase Raises $9M to Expand Sustainable Luggage in India
  23 August 2024, indianretailer.com
  Uppercase, the innovative and sustainable luggage brand, has raised $9 million in its Series B funding round, led by global venture capital firm Accel. This fresh infusion of capital will fuel the brand’s ambitious expansion plans, targeting a significant increase in its customer base across India…
• Piyush Goyal slams Amazon’s biz practices in India, questions losses and impact on local retailers
  22 August 2024, retail.economictimes.indiatimes.com
  Union Commerce Minister Piyush Goyal raised alarms about Amazon’s business practices, particularly its pricing strategies. “If you make a 6,000 crore loss in 1 year, does that not smell like predatory pricing to any of you?” he questioned…
• Zomato approves acquisition of Paytm’s entertainment ticketing business
  22 August 2024, retail.economictimes.indiatimes.com
  One 97 Communications is selling its movie and events ticketing businesses to Zomato. This will be done by first transferring these businesses to its subsidiaries OTPL and WEPL, and then Zomato will acquire these subsidiaries, making them its own…
• Decathlon India eyes Rs 8K cr revenue in next 3-5 years; plans Rs 900 cr investment, q-comm foray
  22 August 2024, retail.economictimes.indiatimes.com
  The investment is in line with the company’s ambitious plans to double its revenue to Rs 8,000 crore within the next 3-5 years. For FY24, Decathlon’s unaudited revenue stands at Rs 4,000 crore, Sankar Chatterjee, CEO, Decathlon India told ETRetail…
• Ambuja Neotia Group to invest Rs 2,000 crore to open two new malls
  22 August 2024, retail.economictimes.indiatimes.com
  Currently, the 6 existing malls span across 2 million sq ft retail space and the group is planning to add 1.5 million sq ft retail space with two upcoming malls…
• Grasim made Rs 20,000 cr capex in FY24, its largest ever: Chairman Kumar Mangalam Birla
  22 August 2024, retail.economictimes.indiatimes.com
  Grasim Industries has announced a record capital expenditure of nearly ₹20,000 crore for fiscal year 2023-24, marking its largest investment to date. Over the past five years, the company has invested nearly ₹50,000 crore, with over 75% dedicated to growth initiatives…
• Shiprocket’s D2C marketplace Zop in pilot stage: CEO Saahil Goel
  22 August 2024, retail.economictimes.indiatimes.com
  “The aim is to build a brand discovery platform: “It’s a destination for consumers to find unique D2C Indian brands, explore their stories and products, and eventually provide merchants ways to promote products via ads or sales commissions, which we will figure out later,” D2C marketplace called Zop managing director and chief executive Saahil Goel said…
• How much carbs in the food? Restaurants to be pulled up for lack of nutrition info
  22 August 2024, retail.economictimes.indiatimes.com
  The government decided to target restaurants failing to disclose nutritional information on their menus, impacting numerous establishments across India. Although required since July 2022, many restaurants remained non-compliant. FSSAI intended to send notices and enforce guidelines, enhancing consumer awareness about nutritional content in food. This move aimed to bolster food safety…
• Amul emerges as world’s strongest food and dairy brand, topping global rankings in Brand Finance Food & Drink 2024 Report
  22 August 2024, retail.economictimes.indiatimes.com
  Amul brand strength was evaluated with a Brand Strength Index (BSI) score of 91.0 out of 100, earning it the prestigious AAA+ rating. Amul’s performance in familiarity, consideration, and recommendation metrics solidified its position as a global leader in the food and dairy sectors. While Amul shines in brand strength, the report identifies Nestle and Lay’s as leaders in brand value. Nestle retained its title as the world’s most valuable food brand, despite a 7 per cent decline in brand value to USD 20.8 billion…
• Rural demand in FMCG sector will grow more in the coming quarters: Axis Securities
  22 August 2024, retail.economictimes.indiatimes.com
  Despite facing headwinds such as severe heatwaves in the northern region, heightened competitive intensity, and the impact of the upcoming general elections, most FMCG companies managed to post mid to high single-digit revenue growth…
• India delivering double-digit sales growth of FMCG, tech durables from modern trade channels: Report
  22 August 2024, retail.economictimes.indiatimes.com
  India stands out as the sole market in the Asia-Pacific region showing consistent double-digit growth in FMCG and tech durable sectors through modern trade channels, driven by premiumisation and festive period sales, as per a report by NielsenIQ. The country holds a dominant position in modern trade sales, with premium-plus pricing segments representing a significant portion of both FMCG and tech durables sales…
• Meat startups take slow-cooking route to expand offline presence
  22 August 2024, financialexpress.com
  Encouraged by the massive size of the wet market in India, online meat and seafood delivery startups have started taking the offline route. But just like slow-cooked meat which tastes better, the online players are adopting a slow and steady approach for their offline foray…
• Keystone Realtors to invest Rs 900 crore in residential projects in FY25: Boman Irani, CMD
  22 August 2024, realty.economictimes.indiatimes.com
  Earlier this month, Keystone Realtors reported a 45 per cent decline in its consolidated net profit at Rs 25.82 crore for the June quarter of this fiscal on higher expenses…
• Titan Capital closes Rs 200-crore fund to double down on existing portfolio startups
  22 August 2024, retail.economictimes.indiatimes.com
  Titan Capital, founded by Kunal Bahl and Rohit Bansal, has raised Rs 200 crore for its new fund. The company aims to focus on its existMajor family offices and chief executives are a part of the new fund…
• Reliance-Owned Hamleys Launches Third Store in Italy at Oriocentre Mall
  22 August 2024, indianretailer.com
  Reliance-owned multinational toy retailer Hamleys has continued its expansion in Italy with the launch of its third store in the country, following its debut earlier this year. The Mumbai-based retail giant announced the opening through a social media post…
• Summercool to Open New Manufacturing Plant in Prayagraj
  22 August 2024, indianretailer.com
  Summercool, a prominent player in the home and kitchen appliances sector, is set to launch a new manufacturing facility in the Naini Industrial Area, Prayagraj. This development represents a key milestone in the brand’s expansion within the retail market in India…
• Furnitech Luxe Makes Offline Debut in Select Pepperfry Studios Across India
  22 August 2024, indianretailer.com
  Furnitech Luxe, a leading luxury furniture brand known for its opulent upholstered furniture, is set to make its offline debut in India through a partnership with Pepperfry. This strategic move marks a significant milestone for Furnitech Luxe as it expands its retail presence, allowing customers to experience its products firsthand in select Pepperfry studios…
• Odysse Electric Expands Presence to Over 150 Cities Across India
  22 August 2024, indianretailer.com
  Odysse Electric is significantly expanding its operations, reaching more than 150 cities across India. This expansion reflects the company’s commitment to advancing electric mobility in the retail sector and making sustainable transportation more accessible throughout the country…
• Stone Sapphire India Appoints Shobhit Singh as CEO to Drive Growth
  22 August 2024, indianretailer.com
  Stone Sapphire India Pvt Ltd has announced the appointment of Shobhit Singh as its new Chief Executive Officer (CEO). Previously serving as the Director, Singh’s promotion reflects a strategic move to enhance the company’s market position and broaden its reach within India’s retail sector..
• Pernod Ricard India Aims for Market Expansion with New Premium Whiskies
  22 August 2024, indianretailer.com
  Pernod Ricard India has unveiled a strategic plan to triple its revenue over the next decade by focusing on premiumization and innovation within India’s retail sector. As part of this initiative, the company introduced two new whiskies: Royal Stag Double Dark Peaty Whisky and Blenders Pride Four Elements Premium Whisky…
• adidas Honors 75-Year with Special Edition Sneakers
  22 August 2024, indianretailer.com
  adidas, a leading global sportswear brand known for its distinctive three-stripe trademark, is celebrating its 75th anniversary with the launch of a special sneaker collection. This milestone collection, featuring some of the…
• Kalpataru reports net loss of Rs 100.74 crore in FY24
  21 August 2024, realty.economictimes.indiatimes.com
  Mumbai-based Kalpataru Ltd has filed the draft red herring prospectus (DRHP) to launch its IPO, which comprises a fresh issue of shares, having a face value of Rs 10 each, aggregating up to Rs 1,590 crore…
• Four listed REITs distribute Rs 1,371 crore to unitholders in Q1 FY24
  21 August 2024, realty.economictimes.indiatimes.com
  Indian REITs Association (IRA) data showed that in the latest June quarter, these four REITs have together distributed more than Rs 1,371 crore to over 2,45,000 unit holders…
• Flutter Entertainment invests $3.5 million to open GCC in Hyderabad
  21 August 2024, retail.economictimes.indiatimes.com
  Spread over 80,000 sq ft and across three floors, the new hub will have space for over 700 employees working across data engineering, game integrity services, HR operations, procurement, safety and security and customer operations…
• Neville Tata takes charge as head of Star Bazaar, marking next generation leadership in Tata Retail
  21 August 2024, retail.economictimes.indiatimes.com
  Neville is the son of Trent Ltd chairman Noel Tata, the half-brother of Tata Group patriarch Ratan Tata who is chairman emeritus of Tata Sons, the conglomerate’s holding company. Neville was on the board of Trent Hypermarket, the grocery retailing subsidiary, as a non-executive director but has stepped down from that post as he takes on a more executive role, executives close to the development said…
• We want to be a 10,000 cr brand : Abhiraj Bhal, CEO and Co-founder, UC
  21 August 2024, retail.economictimes.indiatimes.com
  From the biggest upcoming opportunities to Urban Company’s future plans and the gig economy’s rapid growth, Abhiraj Bhal, CEO & Co-Founder of Urban Company gets candid…
• ETRetailCafe: Meena and Siddharth Bindra on humble journey of brand BIBA
  21 August 2024, retail.economictimes.indiatimes.com
  Meena Bindra, Chairperson, BIBA, and Siddharth Bindra, MD, BIBA fondly share the journey of brand, its principles, value propositions and a lot more in this episode of ETRetailCafe…
• UBS pegs $15.4 billion enterprise value to Zomato’s Blinkit business
  21 August 2024, retail.economictimes.indiatimes.com
  UBS valued Zomato at $32.1 billion – a 15% premium over its current market capitalisation of $27.8 billion. As of July, the brokerage firm estimated Blinkit’s market share at 40-45%, with Swiggy’s Instamart at 20-25%, followed by Nexus Venture Partners-backed Zepto at 15-20%, and Big Basket’s BBNow at 10-15%…
• Puma looks to be a sports & performance-first brand
  21 August 2024, retail.economictimes.indiatimes.com
  Puma remains India’s top sports and apparel brand, recording a 10% sales rise last year and achieving ₹3,274 crore in revenue. The company aims to enhance its credibility in sports by partnering with the Athletics Federation of India and the Indian Olympic Association. Despite slowing demand, Puma focuses on maintaining growth through sports and performance products…
• Pernod Ricard plans to triple revenue by next decade; launches two new premium whiskies
  21 August 2024, retail.economictimes.indiatimes.com
  Pernod Ricard India announced the launch of two premium whiskies—Royal Stag Double Dark Peaty Whisky and Blenders Pride Four Elements Premium Whisky. This move is part of their strategy to triple revenue over the next decade by focusing on premiumisation and innovation in the Indian market. The company aims to leverage its strong market position…
• Accel invests $9 million in luggage brand Uppercase; valuation doubles to $60 million
  21 August 2024, retail.economictimes.indiatimes.com
  Accel invested $9 million in Uppercase, raising the luggage brand’s valuation to $60 million. The funds are aimed at expanding retail stores in India, Europe, and the Middle East. Uppercase plans to open 50 stores by March 2025 and aims to double its revenue to Rs 150 crore this fiscal year…
• Bagzone Lifestyles expands portfolio with an online exclusive brand Lavie Signature
  21 August 2024, retail.economictimes.indiatimes.com
  To launch Lavie Signature, the group has invested around Rs 5 crore and anticipates to continue investing a similar amount for the next 2-3 years before it starts seeing any significant ROI output…
• Amul named the world’s strongest food brand
  21 August 2024, financialexpress.com
  Septuagenarian Amul is now the world’s strongest food brand, says Brand Finance’s Global Food & Drinks Report 2024. Amul boasts a Brand Strength Index (BSI) score of 91 out of 100 and an AAA+ rating, according to the report…
• Third Wave Coffee, Riskcovry shortlisted for IIMA Ventures’ People and Culture Accelerator
  21 August 2024, thehindubusinessline.com
  The program is designed for startups across seed and Series A stages to help founders, team leaders and people leaders proactively address gaps in their people strategy and culture IIMA Ventures (formerly IIMA-CIIE) launched the second cohort of People and Culture Accelerator and has handpicked eight startups for the 3-month accelerator including companies like Third Wave Coffee, Toprankers, Riskcovry, Roopya…
• Food companies get 4 more months to exhaust packaging materials claiming 100% fruit juices
  21 August 2024, retail.economictimes.indiatimes.com
  The FSSAI has given food businesses an extension until December to use packaging materials claiming ‘100 per cent fruit juices’. This followed consultations and an earlier directive to remove such claims due to misleading marketing. Products manufactured before the new deadline can be sold until the end of their shelf life…
• Zappfresh acquires Mumbai-based Bonsaro to expand its online meat delivery business
  21 August 2024, retail.economictimes.indiatimes.com
  Zappfresh has taken over the entire operations and business of Bonsaro, including all assets, to expand its presence in the western region. With this acquisition, the company is expecting a revenue of Rs 160 crore in FY 25 with a significant jump in profit…
• Stone Sapphire India appoints Shobhit Singh as CEO
  21 August 2024, retail.economictimes.indiatimes.com
  Shobhit Singh said, “Our vision is to bring iconic and relevant brands to the Indian retail market, catering to diverse customer needs. We aim to achieve a significant milestone of clocking Rs 1,000 crore in revenue over the next four years while maintaining our commitment to quality and customer satisfaction.”​..
• How Fixderma is Leading India’s Skincare Industry with Data and Innovation
  21 August 2024, indianretailer.com
  Fixderma is a skincare solution brand that started 14 years ago, making its first appearance as an omnichannel brand. It is a leading dermaceutical giant in India with a wide range of skincare products created to enhance skin health and repair conditions…
• JR One Footwear Expands with Two New Factories in Tamil Nadu
  21 August 2024, indianretailer.com
  JR One Footwear Pvt. Ltd., a joint venture between Phoenix Kothari Footwear Ltd. and Taiwan-based ShoeTown Group, is set to expand its operations in Tamil Nadu by establishing two additional manufacturing facilities and leather component clusters in the state…
• YesMadam Opens Tech-Driven Flagship Salon in Delhi-NCR
  21 August 2024, indianretailer.com
  YesMadam has unveiled its first tech-driven flagship salon in Delhi-NCR, marking a significant step in integrating technology with luxury in India’s retail beauty industry. This salon introduces innovative features that aim to elevate the customer experience in the salon and wellness space…
• Casa India Expands Retail Presence with Third Outlet in Kolkata
  21 August 2024, indianretailer.com
  Casa India, a leading name in India’s luxury home décor sector, has announced the opening of its third outlet in Kolkata, located at Kankurgachi. This expansion follows the successful operation of its other stores at City Centre Mall, Salt Lake, and Nager Bazar, further solidifying the brand’s presence in the city’s retail landscape…
• Yousta by Reliance Retail Debuts at Ambience Mall, Gurugram
  21 August 2024, retail.economictimes.indiatimes.com
  Reliance Retail’s youth-centric fashion brand, Yousta, continues its expansion with the grand opening of a new store at Ambience Mall in Gurugram. This launch marks a significant milestone for the brand, which has quickly gained popularity for its trendy yet affordable fashion offerings aimed at young consumers…
• D2C Fashion Brands Highlander and Tokyo Talkies Make Offline Retail Debut
  21 August 2024, indianretailer.com
  Bengaluru-based Brand Studio Lifestyle is marking a significant milestone as its direct-to-consumer (D2C) fashion brands, Highlander and Tokyo Talkies, venture into offline retail. The company has recently expanded its physical presence with the opening of 13 new stores this month alone…
• Acer India Debuts AI-Powered Nitro V 16 with AMD Ryzen 8040 at Rs. 1,09,999
  21 August 2024, indianretailer.com
  Acer, a leading brand in the PC industry, has launched its first fully AI-integrated gaming laptop, the Acer Nitro V 16, marking a new era in gaming technology. This innovative device is designed to redefine the gaming experience with its advanced features and powerful performance…
• Zepto’s Raksha Bandhan Delivery Success Highlights India’s Growing E-comm Reach
  21 August 2024, retail.economictimes.indiatimes.com
  In a remarkable demonstration of logistics and retail efficiency in India, Zepto celebrated Raksha Bandhan by facilitating the delivery of over 1.4 million “Shagun ka Lifafas” across the country…
• Bagzone Lifestyles Unveils Lavie Signature: A New Online-Exclusive Premium Brand
  21 August 2024, indianretailer.com
  Bagzone Lifestyles Pvt Ltd, the company behind the renowned brands Lavie and Lavie Luxe, has announced the launch of Lavie Signature, a new standalone online-exclusive brand. Positioned between the beloved Lavie and the luxurious Lavie Luxe, Lavie Signature aims to redefine the concept of premium fashion by offering high-quality, stylish bags at affordable price points…
• Shapoorji Pallonji Group consolidates its real estate holdings under SPRE
  20 August 2024, realty.economictimes.indiatimes.com
  The company aims to unlock value, streamline operations, and monetize its portfolio of land parcels spread over 2,000 acres across key property markets. The assets are estimated to be worth around $6 billion. ..
• Alibaba affiliate may sell 1.54% stake in Zomato
  20 August 2024, retail.economictimes.indiatimes.com
  Antfin Singapore, part of Alibaba Group, arranged to sell a 1.54% stake in Zomato on Tuesday through block deals, anticipating raising around ₹3,400 crore. The shares were priced at ₹251.68 each, a 4% discount to the previous closing price. Antfin previously held a 4.24% stake and had sold a 2% stake earlier this year…
• Mid-sized global restaurant chains find Indian market palatable
  20 August 2024, retail.economictimes.indiatimes.com
  Recent months have seen several mid-sized global cafes and restaurant brands enter the Indian market or negotiate with local partners, despite declining sales for larger chains. Brands such as Le Pain Quotidien and Laduree are strategically investing in select cities to remain profitable, focusing on niche markets and introducing diverse cuisines…
• Happy meals not making Indians happy anymore? McDonald’s, Burger King & other QSR brands losing their mojo in India
  20 August 2024, retail.economictimes.indiatimes.com
  Interest in international quick service restaurant (QSR) chains like McDonald’s, Burger King, and Pizza Hut is waning among Indians, prompting these brands to focus on value offerings to attract customers. The rise of modern food brands backed by venture capital and the popularity of food delivery platforms like Zomato and Swiggy have intensified competition, making it harder for global QSR giants to draw in diners…
• Retail sales grow a mere 2% in July
  20 August 2024, retail.economictimes.indiatimes.com
  Retail sales across India grew by a modest 2% in July 2024 compared to 2023, as per the Retailers Association of India. West India saw the highest growth at 3%. Food and grocery segments registered the highest increase at 6%. There is a need for strategic measures to boost consumer demand and attain sustainable growth…
• Canada’s Couche-Tard looks to take over 7-Eleven owner
  20 August 2024, retail.economictimes.indiatimes.com
  Alimentation Couche-Tard made a proposal to acquire Seven & i Holdings, aiming to create the world’s leading operator of convenience stores. This preliminary bid remains non-binding, and a special committee will review it. Seven & i’s shares surged amid the news, reflecting investor interest enhanced by recent market strategies and weak yen dynamics…
• Licious bets on offline model after success in online market
  20 August 2024, financialexpress.com
  After cracking the online market, meat and seafood direct-to-consumer (D2C) unicorn Licious is now focusing on offline expansion. The company is looking to open 25 offline stores by the end of FY25, mostly in Bengaluru…
• Saudi perfumer Al Majed For Oud plans to list 30% stake on local bourse
  20 August 2024, retail.economictimes.indiatimes.com
  The Gulf region has seen a flurry of IPOs in recent years as governments in Saudi Arabia and the United Arab Emirates in particular seek to deepen capital markets and attract investment. Several private companies have also decided to go public this year, including UAE supermarket franchisee Spinneys…
• H&M India Introduces Home Concept Store in Mumbai
  20 August 2024, indianretailer.com
  H&M India, the international retail brand known for its blend of fashion and quality, has launched its H&M Home concept store in Mumbai at Phoenix Marketcity, Kurla. This new addition to the retail landscape in India brings a unique combination of fashion and home décor to the city, offering a diverse range of products that cater to varied customer preferences…
• Kalyan Jewellers Expands in Haryana with New Ambala Showroom
  20 August 2024, indianretailer.com
  Kalyan Jewellers has expanded its retail presence in India with the launch of a new showroom in Ambala, Haryana. Located at Partap Nagar, Kalka Chowk on GT Road, this marks the company’s ninth showroom in the state, further solidifying its footprint in the region…
• NCLT Sanctions Merger of TCNS Clothing into Aditya Birla Fashion and Retail
  20 August 2024, indianretailer.com
  The National Company Law Tribunal (NCLT) Mumbai Bench has approved the merger of TCNS Clothing Co. with Aditya Birla Fashion and Retail (ABFRL) under a Scheme of Amalgamation by way of Merger by Absorption…
• Sanjay Singhal Joins Wagh Bakri Tea Group as CEO After Successful ITC Tenure
  20 August 2024, indianretailer.com
  Sanjay Singhal, former Chief Operating Officer (COO) of ITC, has taken the reins as the Chief Executive Officer (CEO) of Wagh Bakri Tea Group. With a distinguished career spanning multiple top-tier companies, Singhal’s transition marks a significant leadership change for the 132-year-old tea brand…
• Amala Earth Concept Store Debuts Saphed’s Sustainable Mool Range
  20 August 2024, indianretailer.com
  Amala Earth Concept Store has introduced the Mool collection by Saphed, marking a notable advancement in natural fiber fashion in India’s retail landscape. This exclusive collection showcases a new direction in sustainable fashion, featuring cotton linen, an innovative material that complements Saphed’s minimalist design philosophy…
• Tira Expands Product Portfolio with Korean Skincare Brand Mixsoon
  20 August 2024, indianretailer.com
  Tira has expanded its product portfolio by introducing the viral Korean skincare brand Mixsoon. Known for its commitment to achieving flawless, glass-like skin through the use of premium and clean ingredients, Mixsoon has captured the attention of beauty enthusiasts globally and is now available to discerning Indian consumers…
• Highlander and Tokyo Talkies Expand Into India’s Offline Retail Market
  20 August 2024, indianretailer.com
  Highlander and Tokyo Talkies, two popular brands from the House of Brand Studio Lifestyle, are making a significant move into the offline retail market in India. Known for their appeal among Gen Z and their focus on data-driven fashion, these brands have made a name for themselves as digital-first entities…
• Snitch Expands Retail Presence in India with New Store at Inorbit Mall Vashi
  20 August 2024, indianretailer.com
  In a move to strengthen its retail footprint in India, Inorbit Mall Vashi, Navi Mumbai’s prominent shopping destination, has launched Snitch, a fast-growing men’s fashion brand known for its trend-responsive designs. Snitch, which has rapidly gained popularity since its inception in 2020, opened its new store on August 15…
• Carbon Café Introduces Jaipur’s First “Kitchen Rave” Event
  20 August 2024, indianretailer.com
  Carbon Café recently hosted Jaipur’s inaugural “Kitchen Rave,” a unique event that combined food, music, and coffee to create a distinct social experience. Held on August 15 from 5 PM to 8 PM, this event drew together food enthusiasts and coffee aficionados for a gathering reminiscent of a lively house party…
• Bombay Cartel Launches Their New Outlet in Kala Ghoda, Mumbai
  20 August 2024, indianretailer.com
  Bombay Cartel, an intriguing new dining destination, has launched in the Kala Ghoda, Fort district of South Mumbai. Situated in this area rich in history and culture, the restaurant blends modern style with the unique artistic character of Kala Ghoda…
• Pune’s Burger King Wins 13-Year Old Trademark Battle Against Global QSR Chain
  20 August 2024, indianretailer.com
  Global fast food chain Burger King has lost a 13-year legal battle against a namesake eatery in Pune, with a commercial court in the district dismissing the company’s trademark infringement lawsuit…
• Tira Adds Korean Skincare Brand Mixsoon to India Portfolio
  20 August 2024, indianretailer.com
  Tira has expanded its product portfolio by introducing the viral Korean skincare brand Mixsoon. Known for its commitment to achieving flawless, glass-like skin through the use of premium and clean ingredients, Mixsoon has captured the attention of beauty enthusiasts globally and is now available to discerning Indian consumers…
• Accor and Brigade Hotel Ventures Launch ibis Styles Mysuru, Expanding Presence in Karnataka
  20 August 2024, indianretailer.com
  Accor, a leading global hospitality group, and Brigade Hotel Ventures Ltd. (BHVL) have announced the opening of their first ibis Styles property in Karnataka, marking a significant addition to the hospitality sector in the region…
• How Ultra is Expanding Its 40-Year Legacy from Entertainment to the Toy Aisle
  20 August 2024, indianretailer.com
  With a legacy spanning 40 years, Ultra Group has been a pioneering force in the entertainment industry, excelling in content production, acquisition, distribution, and syndication of both Indian and international content…
• Omaxe’s net loss widens to Rs 147.44 crore in Q1 FY25
  19 August 2024, realty.economictimes.indiatimes.com
  The total income increased to Rs 385.23 crore in the April-June period of this fiscal year, from Rs 220.85 crore in the corresponding period of the previous year, according to a regulatory filing on August 13…
• Macrotech Developers’ net debt rises 43.5% to Rs 4,320 crore in Q1 FY25
  19 August 2024, realty.economictimes.indiatimes.com
  According to its latest investors presentation, Macrotech Developers’ net debt stood at Rs 4,320 crore as of June 30, 2024, against Rs 3,010 crore at the end of the March quarter of 2023-24…
• Kolte-Patil Developers’ CFO resigns
  19 August 2024, realty.economictimes.indiatimes.com
  ​In a regulatory filing on Saturday, the company informed that Jena resigned on 17 August 2024 to “pursue professional opportunities outside the organization”…
• Starbucks Launches First Pet-Friendly Store in India, Debuts in Jaipur
  19 August 2024, retail.economictimes.indiatimes.com
  US-based coffee chain Starbucks has unveiled its first pet-friendly store in India, located at Raja Park, Jaipur. The new outlet, which opened on 15 August to coincide with India’s 78th Independence Day, marks a significant milestone in Starbucks India’s expansion efforts…
• Azorte Expands with New Premium Fashion Store in Vadodara
  19 August 2024, indianretailer.com
  Azorte, the premium fashion and lifestyle store chain under Reliance Retail, has inaugurated a new store in Vadodara. The latest store is situated at Genda Circle, marking a significant expansion for the fashion brand in the region…
• Top 5 Sibling Entrepreneurs Revolutionizing Indian Retail
  19 August 2024, indianretailer.com
  Rakhsha Bandhan is the celebration of the bond between brothers and sisters. On this occasion, Indian Retailer looks at those dynamic sibling entrepreneurs who have heralded successful businesses while navigating through numerous challenges in the retail industry…
• Online Businesses are fuelling India’s Pre-Owned smartphone industry
  19 August 2024, indianretailer.com
  India is home to 659 million smartphone users, the second largest smartphone user base in the world. Internet penetration, mobile-first infotainment and financial platforms, and superlative camera features are some of the contributing factors to the growth of smartphone aspirations, even in Tier II and below towns…
• How Fashion Brands Are Changing the Retail Game in 2024
  19 August 2024, indianretailer.com
  By 2024, the fashion industry will look very different thanks to new technologies and a focus on customers and the environment. Fashion brands are not just selling clothes or accessories anymore; they are creating exciting, personalized shopping experiences that make old retail models seem outdated…
• VAHDAM INDIA & Paramount Launch ‘Emily in Paris’ Tea Collection
  19 August 2024, indianretailer.com
  Global wellness brand VAHDAM INDIA has announced a captivating new collaboration with Paramount, unveiling the VAHDAM INDIA X Emily in Paris Limited Edition Collection of Wellness Teas…
• FabriCare Unveils New Campaign Featuring Bollywood Stars Ranbir Kapoor and Alia Bhatt
  19 August 2024, indianretailer.com
  FabriCare – High-Performance Fabrics by D’Decor has announced its latest campaign, featuring Bollywood’s celebrated couple, Ranbir Kapoor and Alia Bhatt. Directed by the renowned Karan Johar under his banner Dharma 2.0 and conceptualized by 82.5 Communications, the campaign celebrates the essence of “Beauty that needs no protection,” showcasing FabriCare’s innovative fabrics amidst the everyday drama of home life…
• Medusa Beverages and Warner Bros. Unveil ‘House of the Dragon’ Inspired Beer Collection
  19 August 2024, indianretailer.com
  Medusa Beverages, the iconic home-grown beer brand, has announced an exciting partnership with Warner Bros. Discovery Global Consumer Products to launch an exclusive “House of the Dragon” inspired beer collection…
• Festive season begins with a bang: quick commerce sees jump in sales
  19 August 2024, retail.economictimes.indiatimes.com
  Blinkit and Zepto saw increased sales and expanded their product ranges for the festive season, targeting doubled SKUs for Diwali. With significant sales spikes for Rakshabandhan, the platforms also emphasised discounts and international orders. Mumbai-based rival Zepto said it aimed to deliver 3.5 million orders in the three days leading up to Rakshabandhan…
• Innerwear sales indicate economic turnaround is here to come
  19 August 2024, retail.economictimes.indiatimes.com
  Inner wear sales have been particularly impacted for over six quarters now, along with a slowdown in overall apparel demand. Primary sales, or despatches from companies to dealers, for the industry were stagnant for the last few quarters due to high unsold stock since Covid. Primary sales by volume, or number of units sold, grew last quarter, though at a slower pace than secondary sales…
• Consumption to revive in coming qtrs, e-commerce to drive growth: Bata MD & CEO
  19 August 2024, retail.economictimes.indiatimes.com
  Bata India expects a recovery in upcoming quarters driven by festive season demand, retail expansion, and e-commerce growth. The company planned store renovations and affordable new products for young buyers, alongside investments in technology and premiumization, despite a recent decline in revenue…
• India’s apparel exports surge 11.85 pc driven by strong demand in US, Europe
  19 August 2024, retail.economictimes.indiatimes.com
  India’s apparel exports clocked a robust growth of 11.85 per cent in July on the back of strong demand in the US and European markets, according to data compiled by the Confederation of Indian Textile Industry (CITI). Apparel exports shot up to $1,277.20 million during July this year from $1,141.95 million in the same month last year, while textile exports were steady at $1,660.36 million in July compared to $1,663.06 million…
• Trademark infringement: Burger King loses legal battle against namesake Pune eatery
  19 August 2024, retail.economictimes.indiatimes.com
  Burger King Corporation’s 13-year lawsuit against a Pune-based eatery was dismissed by the local court. The court concluded that the local establishment had been using the ‘Burger King’ name since 1991-92, predating the US chain’s entry into India in 2014. No evidence of trademark infringement or damages was found…
• Nearly 12% of India’s tested spice samples fail quality, safety standards
  19 August 2024, retail.economictimes.indiatimes.com
  Authorities in India identified that almost 12% of spice samples did not meet safety standards after international concerns about contamination. The Food Safety and Standards Authority of India conducted tests following Hong Kong’s suspension of MDH and Everest spice blends. Both brands assert their products remain safe for consumption, although these findings span broader testing…
• Tempur Sealy’s deal to buy Mattress Firm aims to ‘eliminate’ competition, document shows
  19 August 2024, retail.economictimes.indiatimes.com
  Mattress maker Tempur Sealy International’s proposed $4-billion takeover of retailer Mattress Firm is intended to “eliminate future competition”, according to a document unsealed by a Texas judge. A May 2022 presentation to the board by the company’s CEO stated that buying Mattress Firm would enable Tempur Sealy to “eliminate future competition” and “block future competition”, the papers showed. The presentation did not name the executive…
• Retail players, QSRs slashed jobs in FY24 amid slowdown
  19 August 2024, retail.economictimes.indiatimes.com
  Around a dozen lifestyle, grocery retailers, and quick-service restaurants cut about 26,000 jobs in FY24. This decline followed a slowdown in store expansions amid weakening consumer demand. Leading this staff reduction were Reliance Industries’ retail arm and other major retailers. Still, some retailers, such as Shoppers Stop, continued to expand…
• FMCG players expect volume trends to sustain amid rising demand in rural markets
  19 August 2024, retail.economictimes.indiatimes.com
  FMCG firms reported rural demand resurgence and strong e-commerce growth, especially through quick commerce, in the June quarter. Companies like HUL, ITC, and Dabur, despite high food inflation, are optimistic about future growth due to favorable monsoons and government policies boosting the rural economy. Traditional urban channels showed some slowdown…
• 3PL players continue to drive industrial & logistics leasing in H1 2024
  19 August 2024, retail.economictimes.indiatimes.com
  Based on the performance so far, it is likely that 3PL players will lead the industrial and logistics leasing activity as retail, e-commerce and manufacturing players continue to progressively outsource their inventory and delivery capabilities to optimize costs and minimize lead time…
• Delhi-NCR Realty Frontrunner In PE Investments
  17 August 2024, rprealtyplus.com
  Delhi-NCR’s real estate market has attracted highest private equity investment of $633.3 million during January-June period of this year as investors look to encash high demand for prime office space and luxury housing, according to Cushman & Wakefield…
• Vanguard Group Acquires 1.14 Cr Units In REIT Firm Nexus Select Trust
  17 August 2024, rprealtyplus.com
  Vanguard Group bought more than 1.14 crore units in REIT firm Nexus Select Trust for Rs 158 crore via open market transactions, while Morgan Stanley sold its stake in the company…
• DLF files FIR against ex-CFO for Rs 311 crore blackmail, extortion
  17 August 2024, retail.economictimes.indiatimes.com
  According to the FIR filed at a Gurgaon police station, DLF has alleged that Sanka is threatening to cause financial loss and also to defame and malign the reputation of the company…
• Nestle, PepsiCo in talks with Godrej Agrovet to buy palm oil
  17 August 2024, retail.economictimes.indiatimes.com
  Nestle and PepsiCo discussed with Godrej Agrovet about sourcing refined palm oil locally for brands like Maggi and Lay’s. This shift comes due to rising global prices and logistics costs. Companies aim to shorten import cycles and avoid supply disruptions amidst geopolitical tensions…
• It’s coffee as usual for Starbucks in India: Appointment of new chairman won’t alter plans
  17 August 2024, retail.economictimes.indiatimes.com
  Starbucks’ abrupt leadership change won’t affect Tata Starbucks’ Indian expansion plans, per Tata Consumer Products CEO Sunil D’Souza. The company aims to open 1,000 cafes by 2028. Despite new competition from Pret A Manger and Tim Hortons, Starbucks remains focused on growing its presence in the predominantly tea-drinking nation…
• Retailers association urges Delhi government to reduce signage fee in the city
  17 August 2024, retail.economictimes.indiatimes.com
  The Retailers Association of India asked the Delhi government to reconsider high signage fees that burden small and medium retailers. These costs, significantly higher than in other cities, hinder retailers from attracting customers. Lower fees would help businesses thrive and improve compliance with the local advertising policy…
• Brand Studio Lifestyle goes omnichannel with Tokyo Talkies and Highlander; eyes 40 pc revenue from offline
  17 August 2024, retail.economictimes.indiatimes.com
  By this fiscal end, the company plans to expand its reach to 11 states with 50 stores of Highlander, 20 stores of Tokyo Talkies, and 30 combined stores offering products from both brands – Tokyo Talkies and Highlander…
• Home care products witness 27% surge from 2015-23: Study
  17 August 2024, retail.economictimes.indiatimes.com
  Home care products like toilet cleaners, floor cleaning products and mosquito repellents (insecticides) have witnessed a significant increase in demand since 2015, fuelled by the government’s cleanliness campaign Swachh Bharat Mission…
• McDonald’s elevates Tiffanie Boyd to Global Chief People Officer
  17 August 2024, retail.economictimes.indiatimes.com
  McDonald’s, an American multinational fast food chain, has announced the appointment of Tiffanie Boyd as Executive Vice President and Global Chief People Officer, effective August 19. Currently, Boyd is serving as Senior Vice President and Chief People Officer for McDonald’s USA. She joined McDonald’s in 2021…
• FDI in food processing sector down 30pc to Rs 5,037 cr in 2023-24
  17 August 2024, retail.economictimes.indiatimes.com
  Foreign direct investment (FDI) in India’s food processing sector declined 30 per cent in the last fiscal to Rs 5,037.06 crore, according to official data. The FDI in the food processing sector stood at Rs 7,194.13 crore in 2022-23. According to the data presented by the Food Processing Industries Ministry in Lok Sabha, the FDI in food processing sector stood at Rs 5,290.27 crore in 2021-22 and Rs 2934.12 crore in 2020-21…
• Starbucks Launches First Pet-Friendly Store in India, Debuts in Jaipur
  17 August 2024, indianretailer.com
  US-based coffee chain Starbucks has unveiled its first pet-friendly store in India, located at Raja Park, Jaipur. The new outlet, which opened on 15 August to coincide with India’s 78th Independence Day, marks a significant milestone in Starbucks India’s expansion efforts…
• Azorte Expands with New Premium Fashion Store in Vadodara
  17 August 2024, indianretailer.com
  Azorte, the premium fashion and lifestyle store chain under Reliance Retail, has inaugurated a new store in Vadodara. The latest store is situated at Genda Circle, marking a significant expansion for the fashion brand in the region…
• ASUS India Expands Retail Presence with New Store in Nagpur
  17 August 2024, indianretailer.com
  ASUS India, the Taiwanese tech giant, has expanded its retail footprint across India with the launch of a new exclusive store in Nagpur. The store, covering 230 square feet, will showcase a wide range of electronics and computer hardware, including flagship products like Vivobook, Zenbook, Republic of Gamers (ROG) laptops, gaming desktops, all-in-one desktops, and accessories…
• H&M India Launches First Home Concept Store in Mumbai
  17 August 2024, indianretailer.com
  Hennes & Mauritz (H&M) India, the renowned international fashion and lifestyle retailer, has introduced its H&M Home concept to Mumbai for the first time. The new store, covering nearly 40,000 square feet, is situated at Phoenix Marketcity Mall in Kurla…
• Voyage Eyewear Expands Retail Presence with New Kiosk at Dwarka Pacific Mall
  17 August 2024, indianretailer.com
  Voyage Eyewear has announced the opening of its new retail kiosk at Dwarka Pacific Mall, a strategic move aimed at increasing visibility and accessibility for customers in India…
• How to Start an Electronics Retail Store in India: Key Steps
  17 August 2024, indianretailer.com
  The Indian consumer electronics market is valued at $73.73 billion and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The factors are driven by rising incomes, urbanization, and increased technology adoption…
• Q1 FY25: FMCG & Retail Giants Show Mixed Profit Growth as Honasa Consumer Leads with 62.9 pc Surge
  17 August 2024, indianretailer.com
  The first quarter of fiscal year 2024-25 has revealed a diverse range of financial performances across India’s FMCG and retail sectors. Companies such as Honasa Consumer Ltd, Page Industries, Cantabil Retail, Titan Company, and DMart have all posted their Q1 results, each showcasing distinct trends in profitability, revenue growth, and strategic investments…
• Cantabil Reports Rs 127.9 Cr in Quarterly Revenue, Marking a 14.4 Pc Yearly Growth
  17 August 2024, indianretailer.com
  Cantabil Retail India Ltd., a leading apparel manufacturer, has announced its financial performance for the quarter ending June 30, 2024, showcasing impressive growth figures…
• AC Makers Report Surging Revenues and Profits Amid Intense Summer Demand
  17 August 2024, indianretailer.com
  Air conditioner manufacturers have recorded robust double-digit revenue growth, with several companies experiencing more than a two-fold increase in profits during the April-June quarter, driven by soaring demand due to the intense summer heat…
• Dyson Enters Ingredient Science with New Chitosan Styling Range
  17 August 2024, indianretailer.com
  Dyson, known for its innovative approach to hair care, is expanding its presence in India’s retail beauty market with the launch of its first wet line styling products—the Dyson Chitosan formulations range…
• Vanguard Group buys over 1.14 crore units of Nexus Select Trust for Rs 158 crore
  16 August 2024, realty.economictimes.indiatimes.com
  According to the bulk deal data available on the National Stock Exchange (NSE), the US-based Vanguard Group purchased 1,14,50,476 units, amounting to a 0.75 per cent stake in Nexus Select Trust…
• Sunteck Realty posts net profit of Rs 22.78 crore in Q1 FY25
  16 August 2024, realty.economictimes.indiatimes.com
  Sunteck Realty’s net consolidated total income stood at Rs 328.01 crore in Q1 FY25, a growth of 271 per cent from Rs 88.41 crore it recorded in the similar quarter last year…
• Kalpataru files draft IPO papers with SEBI to raise Rs 1,590 crore
  16 August 2024, realty.economictimes.indiatimes.com
  The Mumbai-based company has filed the draft red herring prospectus (DRHP) to launch its IPO, which comprises fresh issue of shares, having face value of Rs 10 each, aggregating up to Rs 1,590 crore…
• Valor Estate to develop 5.7 million sq ft with L&T Realty and Lodha Group
  16 August 2024, realty.economictimes.indiatimes.com
  Potential revenue or area share to Valor Estate from 15.5 million sq ft of saleable residential and 2.3 million sq ft of commercial properties under various stages of development is Rs 13,650 crore…
• Builders, financial institutions cautiously optimistic of growth in realty sector: Report
  16 August 2024, realty.economictimes.indiatimes.com
  “While both current and future sentiments remain firmly in the positive zone suggesting a continued belief in the sector’s long-term prospects, the scores reflect a more tempered view on recent real estate growth, influenced by election and budget speculations,” Knight Frank said…
• Mars to buy Cheez-It, Pringles maker Kellanova in mega $36 bln deal
  16 August 2024, retail.economictimes.indiatimes.com
  The deal dwarfs Mars’ $23 billion takeover of Wrigley in 2008 and would bring under one roof popular consumer brands, including Mars’ Twix, Bounty and Milky Way chocolates as well as Kellanova’s snacks portfolio of Pop-Tarts, Rice Krispies Treats and Eggo frozen waffles…
• Welspun Living aims for Rs 1,700 in topline in FY27; to set up pillow mfg unit in India
  16 August 2024, retail.economictimes.indiatimes.com
  Welspun Living, which currently manufactures and sells home furnishing solutions via two brands – Welspun and Spaces – is planning to introduce its new brand, Christy in India soon…
• Heavy rains, water logging dent quick commerce, food delivery, dine-ins across North India
  16 August 2024, retail.economictimes.indiatimes.com
  As North India experiences heavy rains and water logging, the business of quick commerce and food delivery platforms has been impacted. Delivery of products and food has been tough across pin codes, with order cancellations running high. Netizens took to social media to post videos and pictures of traffic jams in Delhi-NCR and cities across Haryana and Punjab…
• PC Jeweller swings to profit in Q1, sees early settlement of legal issues
  16 August 2024, retail.economictimes.indiatimes.com
  PC Jeweller said it was “confident” of an early settlement of ongoing legal issues, which would allow management to focus on restoring business that had “suffered badly” in the last three years. The jeweller closed one company-owned store in Delhi and two franchise stores in Meerut and Saharanpur during the quarter. Two stores in Delhi remain temporarily shut due to ongoing court proceedings…
• Cantabil Retail profit falls, sales rise in Q1FY25
  16 August 2024, retail.economictimes.indiatimes.com
  Apparel retailer Cantabil Retail posted a revenue of Rs 127.9 crore in the quarter, slightly up from Rs 111.8 crore in Q1FY24. Its EBITDA stood at Rs 39.4 crore witnessing growth of 14.5 per cent from the same quarter last year…
• Belgian bakery brand Le Pain Quotidien re-enters India
  16 August 2024, retail.economictimes.indiatimes.com
  Le Pain Quotidien, a Belgian bakery, has partnered with Bake & Brew Pvt Ltd to re-enter India, planning 100 outlets by 2035. An initial investment of Rs 35 crore will start with two Mumbai outlets. The venture will create 1,500 jobs and focus on authentic dining experiences with a health and wellness emphasis…
• Major domestic appliances market sees 18 pc value-based growth in first half of 2024: Report
  16 August 2024, retail.economictimes.indiatimes.com
  “This growth is 3X of growth in 2023 over the previous year,” said the report from GfK, which is now an NIQ Company, a leading global market and consumer intelligence firm. The small domestic appliances market recorded a 29 per cent increase in value, reflecting heightened consumer interest in home convenience products, according to the report…
• Walmart’s Q2 international sales growth powered by Flipkart, other markets
  16 August 2024, retail.economictimes.indiatimes.com
  Walmart’s Q2 FY25 saw significant international growth driven by Flipkart and operations in China and Mexico. Walmart recorded nearly $30 billion in net sales from international markets, a YoY growth of 8.3%. Operating income came in at $1.4 billion…
• Carlsberg to retain strategy post-full ownership of Indian ops, eyes accelerated investment
  16 August 2024, retail.economictimes.indiatimes.com
  Carlsberg’s global CEO, Jacob Aarup-Andersen, confirmed that the Danish brewer does not plan a new strategy for India after acquiring full ownership of its Indian and Nepalese operations from the Khetan Group. The move, expected to finalize in a few months, will enable Carlsberg to boost investments and leverage opportunities in the rapidly growing Indian beer market, which is expanding four times faster than the overall segment. Andersen noted that while no dramatic strategy changes are anticipated, the company aims to enhance its market presence with increased control and investment…
• AC makers’ profits soar in April-June amid blistering heat
  16 August 2024, retail.economictimes.indiatimes.com
  During the April-June quarter, air-conditioner manufacturers experienced significant revenue and profit growth due to heightened demand from a severe summer. Key players such as Voltas, Blue Star, Whirlpool of India, Johnson Controls-Hitachi, and Havells (owner of the Lloyd brand) reported substantial increases in both top-line and bottom-line metrics…
• Ola’s plans around EVs, quick commerce, more out on Independence Day
  16 August 2024, retail.economictimes.indiatimes.com
  Ola Cabs rebranded itself as Ola Consumer to go beyond ride-hailing and also launched fully automated dark stores for use by ONDC. On Independence Day, Ola rolled out Ola Pay to pay for rides, food and groceries through UPI on the Ola app, while sister firm Krutrim promised to launch an in-house designed AI chip…
• Vacheron Constantin celebrates record sales, eyes growth in Indian luxury watch market
  16 August 2024, retail.economictimes.indiatimes.com
  Vacheron Constantin, with historical ties to India’s maharajahs, is now focusing on emerging opportunities and consumer trends in the Indian market, according to Christophe Ramel, Managing Director for the Middle East, India, and Africa…
• In high spirits. Whisky emerges as top choice for younger consumers in India
  16 August 2024, thehindubusinessline.com
  Wine may be used as a metaphor for age, but it is whisky that seems to have rhymed with the spirit of the youth in India – also the largest market for whiskey in the world. Traditionally consumed by an older age group (between 45 and 60), the hard drink’s admirers now fall in their 20s, with a median age of 28…
• Zara’s 24th Store Lands in Pune
  16 August 2024, indianretailer.com
  Zara has opened its second retail location in Pune, India, at the Phoenix Mall of the Millennium. Spanning over 24,500 square feet, this new store aligns with Inditex and Zara’s approach to integrating advanced…
• Swiss Military Reports Strong Q1 Financial Growth, Enhances Operational Capabilities
  16 August 2024, indianretailer.com
  Swiss Military, a renowned global brand recognized for precision and quality, has announced substantial financial growth for Q1 FY 24-25, reflecting its strong position in the retail market in India. The company reported consolidated revenue of Rs 4638.86 lacs and a profit before tax of Rs 232.43 lacs, marking a significant increase compared to the same period in FY 23-24…
• How India’s Retail Market is Diversifying Amid $1.4 Trillion Growth
  16 August 2024, indianretailer.com
  The Indian retail market is experiencing remarkable growth, with projections indicating that it will surpass $1.4 trillion by 2027. This surge positions India as one of the fastest-growing retail markets globally…
• Top 10 Washing Machine Brands in India: Curated list (2024)
  16 August 2024, indianretailer.com
  One of the mindless and hardworking chores is to wash clothes every day! Looking for a simpler, less time-consuming way? There are numerous washing machine brands in India that can be of great assistance…
• 69 Million Units Smartphones Shipped in 1H24 – What It Means for India’s Retail
  16 August 2024, retail.economictimes.indiatimes.com
  The Indian smartphone market is a dynamic and rapidly evolving landscape, reflecting broader trends in consumer behavior, technological advancements, and global economic shifts. The first half of 2024 has showcased these dynamics vividly, with the market experiencing notable growth despite ongoing challenges…
• Humanscale Introduces ‘Perfect Workstation’ in India to Meet Growing Demand for Ergonomic Solutions
  16 August 2024, indianretailer.com
  New York-based Humanscale, a leading designer and manufacturer of ergonomic products, has launched its ‘Perfect Workstation’ in India, targeting the country’s growing demand for ergonomic office and home workstations…
• Allied Blenders and Distillers Reports Strong Profitability Growth in Q1FY25
  16 August 2024, indianretailer.com
  Allied Blenders and Distillers Limited (ABDL), India’s third-largest spirits company, has released its financial results for the first quarter of fiscal year 2025 (Q1FY25). Despite a challenging retail environment in India, the company reported a significant improvement in profitability, reflecting strategic brand decisions and cost-saving measures…
• Omaxe posts net loss of Rs 146.98 crore in Q1 FY25
  14 August 2024, realty.economictimes.indiatimes.com
  Omaxe’s net consolidated total income stood at Rs 385.23 crore in Q1 FY25, a growth of 74.43 per cent from Rs 220.85 crore it recorded in the similar quarter last year…
• Snitch Expands Retail Footprint with New Flagship Store in Pune
  14 August 2024, indianretailer.com
  Snitch has announced the opening of its new flagship location, the NIBM Tribeca Store, situated at NIBM Annexe, Opp. Nine Hill, Mohammed Wadi, Pune, Maharashtra. This store marks a key development in Snitch’s strategic expansion plan to strengthen its physical retail presence across India…
• Chai Sutta Bar Increases Presence in Bengaluru with More Outlets
  14 August 2024, indianretailer.com
  Chai Sutta Bar has expanded its footprint in Bengaluru with the opening of two new outlets. This move aligns with the brand’s strategy to enhance its presence in South India, where it has received strong support from tea enthusiasts…
• Art of Time Expands Luxury Watch Presence with Panerai Boutique Acquisition in Mumbai
  14 August 2024, indianretailer.com
  Art of Time has officially acquired the Panerai boutique at Palladium Mall, Mumbai. This strategic move is part of Art of Time’s broader effort to strengthen its retail footprint and cater to a growing demographic of affluent consumers in Central Mumbai…
• Enza Home Expands into India with New Showroom on MG Road
  14 August 2024, indianretailer.com
  Enza Home, a globally recognized name in home furnishings, has entered the Indian market with the opening of its first showroom on MG Road, New Delhi…
• How Numero Uno is Aggressively Expanding into India’s Tier II and III Cities
  14 August 2024, indianretailer.com
  When it comes to Indian denim, Numero Uno has long been the kingpin, reigning supreme since 1987. But as the fashion landscape evolves, even the most iconic brands must keep pace with the times…
• TELEFUNKEN Teams Up with Bradford to Revolutionize Retail in India
  14 August 2024, indianretailer.com
  The heritage German consumer electronics and industrial goods brand, TELEFUNKEN, is excited to announce its strategic licensing representation partnership for the Indian market with Bradford License India, a premier licensing agency…
• KAI India Expands Manufacturing Capacity at Neemrana Plant
  14 August 2024, indianretailer.com
  KAI India has announced a major expansion of its manufacturing operations at its Neemrana plant, aimed at significantly increasing its production capacity for women’s razors…
• India’s Baby Retail Titan FirstCry Goes Public with a Bang
  14 August 2024, indianretailer.com
  FirstCry, the dominant omnichannel player in baby and maternity products retail, has taken a significant step forward by announcing its public listing, marking a major milestone in its 14-year history…
• B2B vs B2C Marketing: Understanding the Key Differences
  14 August 2024, indianretailer.com
  Do you have the question of why marketing strategies are so different from one company to another? The one that sells to business customers only, and the one that sells directly to consumers? Retailers and those who are planning to enter the field must understand the differences between B2B and B2C marketing to be successful…
• Wholsum Foods Expands Reach with Integration into ONDC Network
  14 August 2024, indianretailer.com
  Wholsum Foods, the parent company behind popular brands Slurrp Farm and Mille, has officially joined the Open Network for Digital Commerce (ONDC) Network…
• India Introduces Diamond Imprest Licence to Support MSME Gem and Jewellery Exporters
  14 August 2024, indianretailer.com
  At the 40th edition of the India International Jewellery Show (IIJS) 2024, held at the Bombay Exhibition Centre in Goregaon, Shri Piyush Goyal, Minister of Commerce and Industry, Government of India, announced the introduction of the Diamond Imprest Licence…
• Hy-Vee Expands India Operations with New Bengaluru Office
  14 August 2024, indianretailer.com
  Hy-Vee, Inc., a prominent retail grocery conglomerate based in West Des Moines, Iowa, has announced the expansion of its operations in India with a move to a new office in Bangalore…
• Kay Beauty’s Hydra Crème Lipsticks Break Sales Records in Debut Launch
  14 August 2024, indianretailer.com
  Kay Beauty, the acclaimed beauty brand co-founded by Katrina Kaif in collaboration with Nykaa, has announced the exceptional success of its newest launch: the Hydra Crème Lipsticks…
• VAHDAM India Welcomes Akanksha Srivastava Byrnes as New Senior VP of Marketing
  14 August 2024, indianretailer.com
  VAHDAM India, a leading global wellness brand renowned for bringing India’s finest teas and spices to the world, has announced the appointment of Akanksha Srivastava Byrnes as the Senior Vice President of Marketing…
• KIKO Milano Launches on Tira as Reliance Retail Expands Beauty Portfolio
  14 August 2024, indianretailer.com
  Reliance Retail, led by Mukesh Ambani and Isha Ambani, has solidified its position in the Indian beauty sector through the strategic acquisition of KIKO Milano, a prominent Italian cosmetics brand…
• Kalyanamm Launches in Indian Market with Eco-Friendly Pooja Essentials
  14 August 2024, indianretailer.com
  Kalyanamm, a direct-to-consumer (D2C) brand from Holy Waste, has officially launched in the Indian sustainability market with its innovative “flower cycling” approach. The brand introduces a unique range of eco-friendly pooja essentials meticulously crafted from recycled holy waste…
• Clovia Plans 300 New EBOs; Boosts Distribution with Quick Commerce Investment
  14 August 2024, irecwire.com
  In April 2022, Clovia began a new chapter by partnering with Reliance. Now, more than two years later, the journey has had its ups and downs, but overall, it has been a positive experience…
• Bakery Industry: Growth, Innovations and Future
  14 August 2024, irecwire.com
  With a predicted value of $15.5 billion in 2023 and a compound annual growth rate (CAGR) of 6.3% from 2024 to 2035, the global market for baking ingredients is expected to reach $32.1 billion by that time. ..
• La Gioia Brings Authentic Southern Italian Dining to Bangalore
  14 August 2024, indianretailer.com
  La Gioia – Ristorante Italiano by Buono Eats has opened its doors in Indira Nagar, Bangalore, offering a unique dining experience that captures the true essence of Southern Italy…
• Pune’s Registered Transactions Jump 50% YoY In June Quarter
  13 August 2024, rprealtyplus.com
  Pune’s real estate market has experienced a significant boost, with registered transactions surging by 50% in the June quarter, according to the latest report by Square Yards…
• Lucknow Has Highest Gross Leasable Area Of Shopping Malls Across 21 Tier 2 Cities
  13 August 2024, rprealtyplus.com
  According to Knight Frank India’s research report Lucknow has the highest gross leasable area (GLA) of shopping centres across the 21 Tier 2 cities in the country. Recently, Knight Frank India conducted a primary survey of 340 shopping centres across 29 Indian cities, including 21 Tier 2 cities such as Lucknow…
• Reliance Retail gets over Rs 14k cr from parent to expand presence
  13 August 2024, retail.economictimes.indiatimes.com
  Reliance Industries has invested approximately ₹14,839 crore into Reliance Retail as debt over the last fiscal year, marking the largest financial support in a decade. This investment supports Reliance Retail’s expansion into smaller towns and new store formats, with a total of ₹19,170 crore invested, including ₹4,330 crore in equity. The company has also accelerated the repayment of bank loans, possibly in preparation for a future IPO, though no formal announcement has been made. Reliance Retail’s overall debt has risen to ₹81,060 crore, reflecting the significant funding from its parent company…
• Brands bet big on influencers to stay active, virtually
  13 August 2024, retail.economictimes.indiatimes.com
  Hindustan Unilever (HUL), Dabur, and Godrej Consumer Products (GCP) are enhancing their influencer marketing strategies to boost customer engagement, brand loyalty, and awareness. The rise in short-form content on platforms like Instagram and YouTube has led to companies engaging with macro, micro, and nano influencers to drive brand visibility. A recent EY report predicted India’s influencer marketing industry will reach ₹3,375 crore by 2026, largely due to the growing use of social media influencers for sales and brand engagement…
• ETRetailCafe: Kishore Biyani on tracking consumer behaviour, role of tech and more
  13 August 2024, retail.economictimes.indiatimes.com
  Retail mogul Kishore Biyani shares how consumer behaviour is changing, evolving retail concepts and a lot more with ETRetail…
• DOMS Industries Q1 profit rises to Rs 54.3 crore
  13 August 2024, retail.economictimes.indiatimes.com
  DOMS Industries Limited reported strong Q1 FY25 results, with a notable 17.3% increase in revenue and 49.5% growth in profit after tax compared to Q1 FY24. The firm saw improved EBITDA and margin performance. The company also announced plans to acquire a majority stake in Unilcan Healthcare to expand its market…
• Landmark Group appoints Shashi Gumma as MD and CEO for SPAR Hypermarket
  13 August 2024, retail.economictimes.indiatimes.com
  Landmark Group named Shashi Gumma as the managing director and CEO for SPAR Hypermarket. Gumma expressed excitement about enhancing shopper experiences. With 25 years in retail, he previously served as COO for Metro Wholesale India and CEO for More Supermarkets. SPAR operates over 13,900 stores across 48 countries, retailing various products…
• Yes Madam goes omnichannel; eyes 20 pc revenue from offline by this fiscal end
  13 August 2024, retail.economictimes.indiatimes.com
  Currently, the brand has an online presence in 56 cities, however, it gets 85 per cent of its business from cities like Delhi/ NCR, Mumbai, Hyderabad, Pune, and Bengaluru…
• Consumer shift to premium products drives India’s electronics market growth
  13 August 2024, retail.economictimes.indiatimes.com
  The consumer electronics market in India saw a significant shift towards premium products in the first half of 2024. While value sales increased by 11% in offline retail, unit sales remained almost flat, highlighting a trend where consumers prioritize feature-rich, high-end products. Online sales also grew, outpacing offline growth…
• Myntra increases focus on Gen Z, appoints Amit Mahajan to lead FWD
  13 August 2024, retail.economictimes.indiatimes.com
  Mahajan will help the company develop innovative merchandising approaches to attract Gen Z consumers. Mahajan has also held the position of senior vice-president and business head at apparel and accessories brand Bewakoof…
• Enza Home Expands into India with New Showroom on MG Road
  13 August 2024, indianretailer.com
  Enza Home, a globally recognized name in home furnishings, has entered the Indian market with the opening of its first showroom on MG Road, New Delhi. This expansion marks a key step in Enza Home’s strategy to introduce its refined and innovative furniture collections to Indian consumers…
• Gokyo Expands Footprint with New Store Launch in Nashik
  13 August 2024, indianretailer.com
  Gokyo, a rising star in India’s adventure apparel and gear industry, proudly announced the grand opening of its newest store in Nashik on 10th August 2024…
• DriveX Expands with 7th Company Store in Coimbatore
  13 August 2024, indianretailer.com
  DriveX, India’s pioneering and largest fully integrated platform for refurbished two-wheelers, proudly announces the grand opening of their latest company-owned showroom in Sulur, Coimbatore…
• Top 10 Popular Pizza Brands in India [2024]
  13 August 2024, indianretailer.com
  The word pizza was first discovered in 997 AD. Pizza is an Italian dish typically consisting of a flat base of leavened wheat-based dough topped with tomato, cheese, and other ingredients, according to a Latin manuscript from the southern Italian town of Gaeta, in Lazio, on the border with Campania…
• White Hanger Opens Shop at Omaxe Chowk
  13 August 2024, indianretailer.com
  Omaxe Chowk, a leading retail destination in Chandni Chowk, Delhi, has further expanded its portfolio with the launch of White Hanger, a well-known clothing store specializing in party and wedding attire…
• The Future of Digital Grocery: Five Strategic Recommendations for Profitability & Growth
  13 August 2024, indianretailer.com
  In an era where digital transformation is reshaping every industry, the grocery sector is no exception. To stay competitive and profitable, grocers must navigate the complexities of digital commerce with a customer-centric approach…
• boAt Hits 5 Cr Milestone with ‘Made in India’ Products
  13 August 2024, indianretailer.com
  In a significant development for the retail industry in India, boAt, the country’s leading audio wearables brand, has crossed the 5-crore mark in ‘Made in India’ products…
• WOW Skin Science Unveils Revolutionary Onion and Collagen Haircare Line
  13 August 2024, indianretailer.com
  WOW Skin Science, a prominent name in the beauty and wellness industry, has introduced its latest innovation in haircare: the new and improved Onion + Collagen Anti-Hair Fall range…
• Portronics Enters Vacuum Cleaner Market with Launch of Mopcop
  13 August 2024, indianretailer.com
  India’s beloved gadget brand, Portronics, is making a significant move into the home appliance sector with the launch of its latest product, the Mopcop vacuum cleaner. Designed to bridge the gap between traditional brooms and high-end, bulky cleaning appliances, the Mopcop offers an efficient, affordable solution for households looking for an upgrade…
• The Rise of Value Retail
  13 August 2024, irecwire.com
  The days of luxury and premium brands ruling the Indian market are fading fast. Now, it’s all about affordable, trendy fashion that’s capturing the hearts of millions…
• NCLT approves Oberoi Constructions’ acquisition of Nirmal Lifestyle Realty
  12 August 2024, realty.economictimes.indiatimes.com
  The resolution plan of Oberoi Constructions involves paying around Rs 273 crore to financial, operational, and other creditors. The company was admitted into the corporate insolvency resolution process (CIRP) in December 2021 with claims amounting to over Rs 748 crore…
• Signature Global cuts net debt by 16% to Rs 980 crore in Q1 FY25
  12 August 2024, realty.economictimes.indiatimes.com
  “The company aims to keep net debt below 0.5 times of the projected operating surplus for the ongoing financial year, as a long term discipline,” the presentation said…
• Pilgrim to expand offline presence; eyes 35 pc revenue from offline by this CY end
  12 August 2024, retail.economictimes.indiatimes.com
  Currently, the brand has a presence across 4,000 GT and MT stores across 200 cities with 1,100 beauty advisor counters. It also boasts of 5 EBOs in Mumbai, Nashik, Chennai, Hyderabad, and Mohali…
• Honasa expects Rs 1,000 cr annual revenue run rate from The Derma Co in next 3-5 years
  12 August 2024, retail.economictimes.indiatimes.com
  Honasa Consumer expects its skin care brand The Derma Co to reach an annual revenue run rate of Rs 1,000 crore in next three to five years, according to the FMCG maker’s latest annual report. Besides, the company also expects its other skin care brand Aqualogica and hair care brand Dr. Sheth’s to enter the Rs 500-crore ARR (annual revenue run-rate) club and BBLUNT to reach Rs 250 crore ARR by then…
• House of Neeru’s forays into jewellery segment, launches new brand Tyohaar
  12 August 2024, retail.economictimes.indiatimes.com
  In the next 18 months, it plans to open 6-7 stores in states like Telangana, Hyderabad, and Bengaluru…
• Mamaearth parent Honasa to discontinue ayurvedic beauty brand Ayuga
  12 August 2024, retail.economictimes.indiatimes.com
  In the presentation, Honasa said Ayuga was launched to introduce ayurvedic beauty products in modern formats for Indian millennials back in December 2021. The brand was revamped two years later, based on consumer feedback, it added. However, the brand failed to get any traction despite the changes. Ayuga was an online only brand…
• Monster Beverage misses quarterly sales estimates as economic fears slow demand
  12 August 2024, retail.economictimes.indiatimes.com
  Monster Beverage missed market expectations for second-quarter sales on Wednesday as budget-conscious consumers kept a tight lid on spending, hurting demand for its pricey energy drinks amid an uncertain economic environment…
• Kai Group to invest 300 million yen to expand manufacturing facility in Rajasthan
  12 August 2024, retail.economictimes.indiatimes.com
  Japan-based Kai Group is set to invest 300 million yen in its Neemrana, Rajasthan facility to increase production capacity of women’s razors by over 5 million units per year. This move supports their ‘make in India’ initiative and is expected to be operational by December 2024, meeting rising market demand…
• FMCG, consumer durable players target 40% growth this festive season
  12 August 2024, thehindubusinessline.com
  Makers who witnessed a muted growth in H1 owing to general elections are expecting recovery with higher growth in H2 Fast-Moving Consumer Goods (FMCG) and White goods makers are expecting a 40 per cent growth in sales this festive season…
• Dyson expands retail presence in India, launches flagship Demo Store in Lucknow
  12 August 2024, knocksense.com
  Excitement is brewing in Lucknow as Dyson opens its inaugural Demo Store, marking the brand’s debut in the city. Lucknowites, it’s time to explore and experience the latest in smart home technology, including sleek, cord-free vacuums, sophisticated air purifiers, and high-tech hair dryers and more…
• Honasa Consumer’s Q1 Profit Surges 63 Pc to Rs 40.25 Cr; Sales Rise 19 Pc to Rs 554 Cr
  12 August 2024, indianretailer.com
  Honasa Consumer Ltd, renowned for its popular FMCG brands such as Mamaearth and The Derma Co, has reported a robust financial performance for the first quarter of the fiscal year ending June 2024. According to a regulatory filing released on Friday, the company has achieved a significant 62.9 percent increase in its consolidated profit after tax (PAT), which now stands at Rs 40.25 crore…
• Samsung Unveils Premium Experience Store at Ambience Mall, Vasant Kunj
  12 August 2024, indianretailer.com
  Consumer electronics, Samsung has unveiled a new premium experience store at Ambience Mall in Vasant Kunj, New Delhi, according to a company announcement made recently…
• Why Offline Retailers Are Key to India’s MSME Boom
  12 August 2024, retail.economictimes.indiatimes.com
  For years, offline retail has served as a vital component of local communities. MSMEs (Micro, Small, and Medium Enterprises) are intricately woven into the fabric of Indian commerce. These brick-and-mortar businesses are a testament to the enduring spirit of entrepreneurship and their unwavering commitment to serving their communities…
• Varun Dhawan Becomes the Face of Walkaroo
  12 August 2024, indianretailer.com
  Walkaroo, India’s one of leading footwear brand has announced Bollywood actor Varun Dhawan as its new brand ambassador and is set to launch an ambitious integrated marketing campaign to highlight its extensive range of products…
• Decoding the eCommerce Matrix: Unveiling the ‘Whys’ Behind Success and Challenges
  12 August 2024, indianretailer.com
  The rapid growth of eCommerce in recent years has created a situation where competition is fierce. In this highly competitive market, understanding the eCommerce matrix is crucial for brands who want to succeed…
• EatFit and Moderate Join Forces to Expand Healthy Product Offerings Across India
  12 August 2024, indianretailer.com
  EatFit, India’s largest healthy food platform under Curefoods, has announced an exclusive partnership with Moderate, a leader in lifestyle nutritional products. This collaboration will see EatFit distributing Moderate’s innovative offerings, including the popular Moderate-Carb, Calorie & Sugar Cutter, and Moderate-Happy Gut Probiotic Powder, across its platforms and affiliated brands…
• Minimalist Expands Skincare Line with New Science-Backed Baby Care Range
  12 August 2024, indianretailer.com
  Minimalist, one of India’s leading science-backed skincare brand, has unveiled its expansion into the baby care category with the launch of Minimalist Pediatrics. This new line brings the brand’s effective and transparent skincare solutions to a broader audience, with products designed specifically for the delicate skin of babies…
• French Patisserie Brand Laduree Enters Pune
  12 August 2024, indianretailer.com
  Ushering in a slice of Parisian style to the fast-growing metropolis of Pune, Ladurée, the world-renowned French patisserie brand, has launched its café at The Ritz-Carlton, Pune…
• Qmin Opens at Westside in Bengaluru’s Electronic City Offering a Blend of Shopping and Dining
  12 August 2024, indianretailer.com
  Qmin has officially opened its doors at Westside in Electronic City, Bengaluru, offering customers a unique experience that combines shopping with culinary delights…
• Lenskart Launches Harry Potter-inspired Eyewear Collection with Warner Bros. Discovery
  12 August 2024, retail.economictimes.indiatimes.com
  Lenskart has announced the debut of its Harry Potter-inspired eyewear collection, created in collaboration with Warner Bros. Discovery Global Consumer Products. This new line of eyeglasses brings the enchantment of the Harry Potter series to fans, offering a unique way to celebrate their favorite magical moments…
• Brigade Achieved Pre-Sales Of Rs 1086 Cr In Q1 FY25
  10 August 2024, rprealtyplus.com
  Brigade Group reported a total revenue of Rs 1,113 Crores and Profit After Tax of Rs 81 Crores in Q1 FY25. Pre-sales bookings in the real estate segment of Q1 FY25 stood at 1.15 Mn. Sft, with a sale value of Rs 1086 Crores. Average realisation stood at Rs 9,483 per Sft…
• Signature Global Q1 FY25 Revenue Grows 135% YoY
  10 August 2024, rprealtyplus.com
  Signature Global, amongst the leading real estate development companies in India with a well-established brand in Delhi-NCR, reported revenue growth of 135% to INR 4.0 billion compared to INR 1.7 billion in Q1 FY24…
• Colliers India facilitates deal between Incuspaze & Bhutani Infra
  10 August 2024, rprealtyplus.com
  Incuspaze, India’s leading flexible workspace provider, today announced a major expansion in North India through a strategic partnership with Bhutani Infra, India’s leading real estate company renowned for its role in urban township development and city evolution…
• NITCO Ltd Sold 4 Acre Land Parcel For Rs 232 Cr To Runwal
  10 August 2024, rprealtyplus.com
  NITCO Limited, a leading name in the tile manufacturing industry, has sold a prime land parcel located in Kanjurmarg East to Runwal for Rs. 232 Cr. The land parcel, spanning 16,250 square meters or 4 acres, is a strategic asset with significant potential…
• DLF appoints Mahender Singh as independent director
  10 August 2024, realty.economictimes.indiatimes.com
  In a regulatory filing, the company informed that the board of directors approved, the appointment of Mahender Singh as an independent director for a period of five consecutive years with effect from August 7, 2024…
• The Phoenix Mills acquires 9.03 acres land in Coimbatore for Rs 370.17 crore
  10 August 2024, realty.economictimes.indiatimes.com
  Shishir Shrivastava, managing director of The Phoenix Mills said, “We are pleased to announce our acquisition in Coimbatore for a greenfield retail development project.”..
• Blackstone to sell 33 crore units in Nexus Select Trust for nearly Rs 4,500 crore
  10 August 2024, realty.economictimes.indiatimes.com
  According to sources, Blackstone plans to sell 33 crore units in Nexus Select Trust at a floor price of Rs 135 apiece. Block deal is likely to happen on Friday. Blackstone intends to monetise its investment through this block deal…
• Kolte-Patil Developers’ net profit dips 86.72% in Q1 FY25
  10 August 2024, realty.economictimes.indiatimes.com
  Kolte-Patil Developers’ net consolidated total income stood at Rs 350.29 crore in Q1 FY25, a dip of 39.45 per cent from Rs 578.51 crore it recorded in the similar quarter last year…
• Xiaomi, Vivo, Realme and Oppo in high demand: Indians lapping up Chinese brands despite intense scrutiny
  10 August 2024, retail.economictimes.indiatimes.com
  China’s Xiaomi was examined by Indian government agencies over alleged foreign exchange violations in 2022, which coincided with a large proportion of its top leadership changing. The company ceded its No. 1 spot in the December quarter of 2022 to Samsung, eventually sliding to fourth. But by the June quarter this year, Xiaomi was back at the top on the back of an aggressive expansion in offline retail. Vivo is another Chinese company that has faced investigations over allegations of tax violations and money laundering…
• Trent Q1 profit rises two-fold; revenue at Rs 4,104 crore
  10 August 2024, retail.economictimes.indiatimes.com
  Trent has been steadily expanding its youth-focused and low-priced brand Zudio, opening sixteen new outlets during the quarter and six new Westside stores, its more premium brand. Its revenue rose more than 56% to Rs 4,104 crore in the April-June period, its thirteenth straight quarter of revenue growth…
• Uniqlo India profit jumps 25%, sales growth declines
  10 August 2024, retail.economictimes.indiatimes.com
  Uniqlo’s sales growth in India slowed to 32% last fiscal year, but its net profit increased by 25%. The company reported a net profit of ₹85.1 crore with revenues totaling ₹824 crore for FY24. Despite a tough market, Uniqlo aims to expand by introducing smaller stores in both existing and new cities in India…
• Domino’s India operator Jubilant FoodWorks reports two-fold surge in Q1 profit
  10 August 2024, retail.economictimes.indiatimes.com
  Persistently high inflation has been prompting consumers to pare back spending on dining out or ordering in. India’s retail inflation hovered around 5% throughout the quarter amid high food prices, increasing cost pressure on the quick-service restaurant sector…
• Honasa Consumer Q1 Results: Cons PAT zooms 63% YoY to Rs 40 crore, revenue jumps 19%
  10 August 2024, retail.economictimes.indiatimes.com
  Mamaearth parent Honasa Consumer on Friday reported a 63% year-on-year jump in its consolidated net profit for the quarter ended June 30, 2024, to Rs 40 crore versus Rs 24 crore reported in the corresponding quarter of the last financial year…
• High festive sales pitch sets tempo for temp hiring; demand to surge 15-20% YoY
  10 August 2024, retail.economictimes.indiatimes.com
  The festive season is set to generate 600,000-700,000 temporary jobs across various industries, with a 15-20% increase in demand for such positions compared to last year. This surge in temporary hiring is driven by expected increases in consumer spending, a recovering rural economy, and a vibrant stock market…
• Restaurant Brands beats quarterly revenue estimates on Tim Hortons boost
  10 August 2024, retail.economictimes.indiatimes.com
  Tim Hortons, like Yum Brands’ Taco Bell, has bet on regular menu refreshes such as in cold beverages and quick bites to attract more customers. The brand, which accounted for nearly half of the parent’s revenue in the quarter, reported same-store sales growth of 4.6%, ahead of expectations for a 4.3% increase…
• Heads Up For Tails eyes 10% share in the Indian pet care market by FY25; aims to be a Rs 500 crore brand by 2026
  10 August 2024, retail.economictimes.indiatimes.com
  Heads Up For Tails (HUFT) is targeting a 10% share in the Indian pet care market by FY 2024-25, with a focus on pet health and nutrition. This fiscal year, HUFT is on an upward trajectory, generating a revenue of Rs 56 crore in the first quarter. Pet food, pet lifestyle, and pet grooming have majorly contributed to the overall sales, it said…
• Godrej Appliances aims to be amongst top three players in 3 years
  10 August 2024, thehindubusinessline.com
  We are expecting a 40 per cent year-on-year growth in this festive season, backed by new product launches: Executive V-P Kamal Nandi Godrej Appliances is aiming to be amongst the top three players in the home appliances industry in the next three years…
• Berger Paints Q1 Results: Net profit falls marginally YoY to Rs 354 crore even as India volumes grow 12%
  10 August 2024, retail.economictimes.indiatimes.com
  At a standalone level, the paint-maker’s sales rose 2.4% on year to Rs 2,806.3 crore, but net profit declined by more than 6% to Rs 305.5 crore. Berger Paints, which is among the largest paint-makers in the country, improved its market share to 20.9% during the quarter, up from 19.7% in the previous fiscal…
• India’s wearable device market sees first ever decline; falls by 10% YoY Q2 2024
  10 August 2024, retail.economictimes.indiatimes.com
  India’s wearable market saw a 10% decline in Q2 2024, with total shipments falling to 29.5 million units. Smartwatch demand decreased significantly, contributing to the overall dip. Earwear sales remained stable. Brands prioritized clearing old inventory and are expected to launch new models during the festive season. Analysts anticipate annual smartwatch shipments to drop by 10% in 2024…
• Samsung Expands Retail Presence in India with New Experience Store at Ambience Mall, New Delhi
  10 August 2024, indianretailer.com
  Samsung has launched a new premium experience store at Ambience Mall in New Delhi’s Vasant Kunj. This store is designed to be a comprehensive retail destination, combining sales, customer service, and immersive consumer experiences under one roof…
• Cellecor Gadgets Expands Retail Presence in India with New Stores in Mizoram and New Delhi
  10 August 2024, indianretailer.com
  Cellecor Gadgets Limited, a leading name in India’s consumer durables sector, has announced the opening of two new Exclusive Brand Stores, one in Mizoram and the other in New Delhi…
• PMJ Jewels Expand Retail Footprint in India with Two New Stores in Bengaluru
  10 August 2024, indianretailer.com
  PMJ Jewels has launched two new retail outlets in Bengaluru. These stores, located at Novel MSR Park in Marathahalli and Phoenix Market City Mall, mark the brand’s 36th and 37th stores in South India and the 5th and 6th in Bengaluru, underscoring PMJ’s aggressive expansion strategy within India’s retail sector…
• Gokyo Expands Retail Presence in India with New Adventure Gear Store in Nashik
  10 August 2024, indianretailer.com
  India’s retail market for adventure apparel and gear is witnessing significant growth, with Gokyo emerging as a promising brand that blends style with functionality. Gokyo has announced the opening of its latest store in Nashik, following the successful launch of its first outlet in Bengaluru…
• Flyrobe Expands into Agra with Latest Store Launch
  10 August 2024, indianretailer.com
  Flyrobe, a leading fashion rental platform, has announced the opening of its new store in Agra, further strengthening its presence in the Indian market…
• Novamax Strengthens Market Reach with New Gorakhpur Manufacturing Hub
  10 August 2024, indianretailer.com
  Novamax Appliances, a leading home appliance brand, has announced plans to establish a new manufacturing facility in Gorakhpur, aiming to meet the increasing demands in Nepal, Bengal, Jharkhand, and Bihar. This strategic expansion will further solidify Novamax’s presence in these key markets…
• OOTD PRETH Celebrates Grand Opening of New Outlet in East Delhi
  10 August 2024, indianretailer.com
  OOTD PRETH, a prominent brand in Indian wear, has officially launched its second outlet in Karkardooma, East Delhi. The grand opening ceremony, which took place on July 11, 2024, at 12 PM, was a highly anticipated event that drew over 500 influential personalities from East Delhi, making for an evening filled with glamour and celebration…
• Mokobara Expands Retail Presence with New Store in Gurugram
  10 August 2024, indianretailer.com
  Travel and lifestyle brand Mokobara has opened its 12th retail store in India, continuing its expansion into physical retailing. The new store, located in DLF Cyber City, Gurugram, marks the brand’s second outlet in the city…
• Global Influences: How Indian Consumers are Driving the Shift Towards International Furniture Trends
  10 August 2024, indianretailer.com
  The Indian furniture market is undergoing a remarkable transformation, driven by evolving consumer preferences and global influences. As we witness this shift, it’s clear that the industry is not just growing—it’s reinventing itself to meet the sophisticated demands of a new generation of consumers…
• FirstCry Parent Brainbees IPO Oversubscribed by 12.22x on Final Day
  10 August 2024, indianretailer.com
  The initial public offering (IPO) of Brainbees Solutions, the parent company of e-commerce platform FirstCry, was oversubscribed 12.22 times on the final day of bidding, Thursday…
• Heads Up For Tails Launches ‘Hearty’: A Revolutionary Dry Pet Food Line
  10 August 2024, indianretailer.com
  In response to the rapidly growing demand for high-quality pet food in India, Heads Up For Tails (HUFT), a renowned brand in the pet care industry, has launched “Hearty,” an innovative dry food product poised to capture a significant share of the $800 million Indian pet nutrition market…
• Top 10 Strong Coffee Brands Dominating the Indian Market
  10 August 2024, indianretailer.com
  Coffee is one of the leading beverage industries in India. Some like it to be smooth, while others want to have a stronger aroma of coffee. The revenue for the coffee industry in India is estimated to reach $30.09 million by the end of 2024…
• Honasa Consumer Ltd Reports Strong Growth and Strategic Developments
  10 August 2024, indianretailer.com
  Honasa Consumer Ltd has announced its financial performance for the quarter ending June 30, 2024. The company achieved a 20.3 percent increase in product business growth, accompanied by a 25.2 percent rise in underlying volume growth (UVG)…
• The Chapter Expands Luxury Real Estate Portfolio in Goa with New Aldona Project
  10 August 2024, indianretailer.com
  Blending aesthetics and lifestyle, The Chapter, a luxury real estate brand in India, continues to shape the retail and residential market with its unique approach to high-end living spaces…
• Timex Celebrates 170 Years of Watchmaking Excellence
  10 August 2024, indianretailer.com
  Timex, a renowned watchmaking brand, is marking its 170th anniversary by celebrating a legacy of crafting durable and beloved timepieces designed to last a lifetime. Since its establishment in 1854, Timex has proudly embodied the spirit of American ingenuity, revolutionizing the centuries-old watchmaking industry by creating quality, accessible watches, and establishing a legacy of innovation…
• Page Industries Sees Revenue Increase in Q1 FY25 as E-Commerce Expands
  10 August 2024, indianretailer.com
  Page Industries Limited, India’s leading apparel manufacturer, announced its financial results for the first quarter ending June 30th, 2024. The company’s performance highlights a steady growth trajectory, driven by retail expansion and ongoing investments in digital and e-commerce platforms across India…
• India’s E-lifestyle Market to Triple by 2028, Reach $45 Bn!
  10 August 2024, indianretailer.com
  India is rapidly becoming a key market for global lifestyle brands, with 90 percent of the top 50 international brands now operating in the country…
• Raymond’s Technological Leap: AI, Omnichannel Strategies, and the Future of Retail
  10 August 2024, indianretailer.com
  Raymond, a brand synonymous with quality and heritage in India, is not just resting on its laurels. The company has embarked on a technological revolution, integrating AI and omnichannel commerce to ensure that it stays..
• New Era Cap Partners with Metro Brands to Expand Retail Footprint in India
  10 August 2024, indianretailer.com
  New Era Cap, the New York-based headwear brand, has entered into a long-term licensing agreement with Metro Brands Limited (MBL), one of India’s largest footwear and accessories retailers…
• Decoding the eCommerce Matrix: Unveiling the ‘Whys’ Behind Success and Challenges
  10 August 2024, indianretailer.com
  KeystoneThe rapid growth of eCommerce in recent years has created a situation where competition is fierce. In this highly competitive market, understanding the eCommerce matrix is crucial for brands who want to succeed…
• India’s Lifestyle Market Set to Hit $210 Bn by 2028 with 22 pc Online Growth
  10 August 2024, indianretailer.com
  India’s lifestyle market, currently valued at a staggering $130 billion, is on its way to a significant transformation. Fashion dominates this market, accounting for approximately 80 percent, with beauty and personal care (BPC) making up the remainder…
• Keystone Realtors Q1FY25 Pre-Sales Of Rs 611 Cr Reflects 22% YoY Growth
  07 August 2024, rprealtyplus.com
  Keystone Realtors (Rustomjee Group) released its Q1FY25 Results. The company has reported a pre-sale of Rs 611 Cr, Collections Rs 485 Cr and Operating Cash Flows Rs 108 Cr…
• Brigade Enterprises posts Rs 80.53 crore profit in Q1 FY25
  07 August 2024, realty.economictimes.indiatimes.com
  Brigade Tetrarch, a wholly owned subsidiary of the company, entered into a Limited Liability Partnership (LLP) agreement to develop a 1.4 million sq ft leasable office space on Airport Road, NH 44, Bengaluru…
• Government Revises LTCG Indexation On Real Estate
  07 August 2024, rprealtyplus.com
  The government has moved an amendment to the Finance Bill, 2024, to let taxpayers select either a 12.5% longterm capital gains tax rate without indexation or a 20% rate with indexation for property acquired before July 23…
• Gautam Adani To Step Down From Infrastructure Conglomerate In 8 Years
  07 August 2024, rprealtyplus.com
  Adani Group chairman Gautam Adani, 62, plans to step down from the infrastructure conglomerate he founded in 1988 at the age of 70 and transfer control to his two sons and two nephews in the early 2030s…
• Brigade Group Announces New Commercial Development on Airport Road
  07 August 2024, rprealtyplus.com
  Brigade Group, through its wholly owned subsidiary, Brigade Tetrarch Private Limited, has entered into a Limited Liability Partnership (LLP) agreement to develop a 1.4 million square feet leasable office space…
• Shaping the future of Home Appliances with innovation and tech – with Kamal Nandi, Godrej Appliances
  07 August 2024, retail.economictimes.indiatimes.com
  In conversation with ETRetail’s Anurag Sharma, Godrej Appliances’ business head and executive vice president Kamal Nandi shares his insights on the consumer appliances industry, challenges faced and the opportunities that lie ahead for the new businesses. In today’s fast-paced world, innovation and technology are constantly shaping various industries, and the home appliances sector is no exception. This podcast highlights the significant role that innovation and technology play in shaping the future of home appliances.From smart and sustainable devices to interconnected homes, consumers can look forward to a future where our appliances not only make our lives easier but also contribute to a more sustainable and efficient lifestyle…
• Flipkart’s quick commerce service ‘Minutes’ goes live in Bengaluru
  07 August 2024, retail.economictimes.indiatimes.com
  Across areas like Belandur, HSR, Flipkart Minutes is delivering grocery, electronics, smartphones and other products within 8-16 minutes. This marks Flipkart’s formal entry in quick commerce taking on Swiggy’s Instamart, Zomato’s Blinkit, Zepto and BigBasket’s BB Now…
• India’s Marico beats Q1 profit estimates on cooking, hair oil demand
  07 August 2024, retail.economictimes.indiatimes.com
  Marico consolidated net profit rose 8.7% to 4.64 billion rupees ($55.4 million) in the April-June quarter. Total revenue from operations increased 6.7% to 26.43 billion rupees, marking its biggest growth in more than two years. Revenue from India, which made up three-fourths of total revenue, climbed 7.4%…
• KFC India operator Devyani tops Q1 profit view as discounts drive demand
  07 August 2024, retail.economictimes.indiatimes.com
  To attract budget-conscious customers, KFC India operator Devyani International offered discounts and promotional offers such as chicken rolls at Rs 99 at its KFC outlets. The T20 Cricket World Cup and the coinciding school holidays also helped drive its sales…
• L’Oreal to acquire 10% stake in Swiss skin care company Galderma
  07 August 2024, retail.economictimes.indiatimes.com
  “It allows us to explore partnering in the fast-growing aesthetics market, a key adjacency to our own pure beauty play. We fully support Galderma’s management and its strategy respect its independence and are very confident in its long-term growth potential,” L’Oreal CEO Nicolas Hieronimus said of the stake purchase…
• Swiggy Instamart appoints Sairam Krishnamurthy as Sr Vice President & COO
  07 August 2024, retail.economictimes.indiatimes.com
  Quick commerce platform Swiggy Instamart has appointed Sairam Krishnamurthy as the Senior Vice President & Chief Operating Officer. Krishnamurthy will oversee Swiggy Instamart’s operating units, which include dark store operations, infrastructure operations, city growth and expansion, the company said on Monday…
• Snickers maker Mars explores acquisition of Kellanova, sources say
  07 August 2024, retail.economictimes.indiatimes.com
  This deal would be one of the biggest ever in the packaged food sector, given Kellanova’s market value of about $27 billion including debt, and test the appetite of regulators to allow consolidation in the sector…
• Multiplex, OTT players wary of extra burden from Karnataka entertainment cess
  07 August 2024, livemint.com
  The recent passage of the Karnataka Cine and Cultural Activists (Welfare) Bill, 2024, has left theatre owners and OTT players operating in the southern state worried…
• Ace turtle appoints three senior leaders
  07 August 2024, retail.economictimes.indiatimes.com
  Rahul Rajan has been appointed as chief business officer – retail of fashion brands, Agnes Raja George as AVP and business head of Wrangler and Central Planning; and Jitender Singh as AVP and business head of Lee, ace turtle announced in a media release on Monday…
• Motherson JV set to join Apple vendors’ family circle in India
  07 August 2024, retail.economictimes.indiatimes.com
  Motherson Group has joined Apple’s supply chain network in India in partnership with BIEL Crystal Manufactory. They will set up a manufacturing facility in Tamil Nadu with an investment of Rs 2,000-2,500 crore. This strategic move aims to diversify Motherson’s manufacturing focus beyond automotive components, leveraging Apple’s reduced dependency on Chinese producers…
• Amazon India head Manish Tiwary resigns
  07 August 2024, retail.economictimes.indiatimes.com
  “Manish Tiwary, Country Manager for Amazon India, has decided to pursue an opportunity outside of the company. Manish’s leadership over the last eight years has been instrumental in delivering for customers and sellers, making Amazon.in the preferred marketplace in India,” Amazon India statement said…
• VCs crowd deal street on quick commerce, D2C success
  07 August 2024, retail.economictimes.indiatimes.com
  Multiple new-age brands, aided by fast growth on quick commerce platforms like Blinkit, Zepto, and Instamart, are in the middle of raising new cash. The growth in scale has come from quick commerce, several people who know told us. These include kids gift brand Tuco Intelligent, bread maker The Health Factory and The Whole Truth…
• Bata India Q1 net profit jumps 63% to 174 cr, revenue dips 1.4% to Rs 944.63 cr
  07 August 2024, retail.economictimes.indiatimes.com
  “The results for the quarter demonstrate disciplined execution of our strategies on premiumisation, investment in marketing and technology, elevating the customer experience, by maintaining gross margins in the face of sluggish consumption momentum during the quarter,” said an earnings statement from the company…
• Raymond net profit from continuing operations rises 27 pc to Rs 57.04 cr in April-June
  07 August 2024, retail.economictimes.indiatimes.com
  Raymond Ltd on Tuesday reported a 26.7 per cent increase in consolidated net profit from continuing operations at Rs 57.04 crore in the first quarter ended June 2024. The company had posted a consolidated net profit of Rs 45.02 crore from continuing operations in the same quarter last fiscal, Raymond Ltd said in a regulatory filing…
• Compass India acquires 70% stake in food services company ICS Foods
  07 August 2024, retail.economictimes.indiatimes.com
  Compass India Food Services, a subsidiary of the British Compass Group Plc, has acquired a 70% stake in the Delhi-based ICS Foods Pvt Ltd. This acquisition marks Compass’s second major investment in the Indian market, targeting food and beverage catering services…
• Muthoot Exim Expands Retail Footprint with New Gold Point Centre in Thiruvananthapuram
  07 August 2024, retail.economictimes.indiatimes.com
  Muthoot Exim (P) Ltd the precious metal arm of the 137-year-old business conglomerate Muthoot Pappachan Group, announces the opening of its latest Gold Point Centre in Thiruvananthapuram. This new centre is the 2nd in Kerala and the 26th across India…
• Chai Sutta Bar Expands Presence with New Hyderabad Outlet
  07 August 2024, indianretailer.com
  Chai Sutta Bar has announced the launch of its new outlet in Hyderabad. Located at Building No. 17-1-382/R/9/2, RTC Colony, Saidabad, K V Ranga Reddy District, Champapet, Hyderabad-500035, this new outlet aims to bring the rich flavors of Indian chai to the city, offering residents and visitors a cozy atmosphere to enjoy their favorite tea blends…
• New Balance Expands Retail Footprint in India with New Store in Bengaluru
  07 August 2024, indianretailer.com
  New Balance, a rapidly growing sports brand, has opened its latest retail concept store on Brigade Road, Bengaluru. This move marks a significant step in the company’s strategic expansion under its newly established Indian subsidiary…
• 10Club Homes to Launch 30 New Stores Over the Next Two Years
  07 August 2024, indianretailer.com
  10Club Homes, a prominent retailer of home products and household accessories, is set to expand its physical retail presence with plans to open approximately 30 new stores over the next two years. This move is part of the brand’s strategy to enhance its direct-to-consumer (D2C) network…
• Azorte by Reliance Retail Unveils Third Thrilling Store in Bengaluru
  07 August 2024, indianretailer.com
  Azorte, the premium fashion and lifestyle store chain by Reliance Retail, has launched its third store in Bengaluru, located at Vega City Mall. This news was announced by Hari Krishnan, head of visual merchandising at Azorte…
• Marico Reports Steady Growth in Q1FY25 Across Domestic and International Markets
  07 August 2024, indianretailer.com
  In Q1FY25, Marico Limited reported revenue from operations of Rs 2,643 crore, reflecting a 7 percent year-on-year increase. The growth was driven by a 4 percent volume increase in the domestic business and a 10 percent constant currency growth in the international business…
• IMAX Debuts in Gujarat with New Theater
  07 August 2024, indianretailer.com
  PVR Cinemas, based in Mumbai, has launched its latest theatre at Palladium Ahmedabad, a development that marks the debut of Gujarat’s first IMAX with Laser technology. The new venue features the exclusive LUXE (Luxury Cinema Concept)…
• Allcargo Group Names Ketan Kulkarni as Deputy MD of Gati Express and Supply Chain
  07 August 2024, indianretailer.com
  Allcargo Group, an India-born global logistics conglomerate, has appointed Ketan Kulkarni as Deputy Managing Director of Gati Express and Supply Chain Pvt. Limited, a material subsidiary of Allcargo Gati Limited…
• Mars Wrigley India Partners with CleanMax to Boost Renewable Energy and Sustainability Efforts
  07 August 2024, indianretailer.com
  Mars Wrigley India has announced a partnership with CleanMax, a leading provider of renewable energy solutions for the Commercial and Industrial (C&I) sector in Asia. This collaboration is aimed at advancing Mars Wrigley India’s sustainability goals by reducing carbon emissions and enhancing its renewable energy usage…
• Top 10 Largest Water Parks in India
  07 August 2024, indianretailer.com
  Largest water parks in India aren’t just about cooling off—they’re perfect for memorable business gatherings. These expansive parks offer thrilling rides, relaxing wave pools, and various attractions that make them ideal for corporate functions…
• 67 pc of Indians Turn to Global Shopping, 76 pc Trust International Quality
  07 August 2024, indianretailer.com
  India is at the forefront of a global cross-border shopping revolution, propelled by increasing consumer demand for superior quality and unique products from around the world…
• K-Beauty Goes Mainstream: How Laneige’s Retail Launch at Sephora India is a Game-Changer
  07 August 2024, indianretailer.com
  Hydration fans, brace yourselves; Laneige, the iconic Korean skincare brand that’s taken the world by storm, has landed at Sephora India. The brand has been available at different ecommerce websites until now…
• V-Mart Retail Q1 Net Profit at Rs 12.14 Cr; Revenue Up 15.8 Pc to Rs 786 Cr
  07 August 2024, indianretailer.com
  V-Mart Retail Ltd. has announced a notable financial turnaround for the first quarter ending June 2024, reporting a profit of Rs 12.14 crore. This represents a substantial recovery from the Rs 21.94 crore loss recorded in the same period the previous year, as detailed in a recent regulatory filing…
• VAHDAM India Aims to Redefine Global Wellness with Expansion, Sustainability, and Social Impact
  07 August 2024, indianretailer.com
  VAHDAM India, a home-grown wellness brand, offers the finest Indian teas and spices under a sustainable ethical brand, eliminating middlemen. Started in 2015 by then-23-year-old Bala Sarda, it is a vertically integrated brand that is disrupting the 200-year-old global supply chain, sourcing directly from 150 farms across India with its…
• Bakingo Sets Ambitious Vision to Become India’s Leading Bakery Brand
  07 August 2024, indianretailer.com
  Bakingo, starting from a cloud kitchen, has expanded to over 75 fulfillment centers across major cities in India. The brand has evolved significantly, expanding its product range to offer over 200 flavors and varieties across assortments…
• Adani Group Plans Entry In NCR With $1 Billion Bid for Jaypee’s Real Estate Assets
  05 August 2024, rprealtyplus.com
  Adani Enterprises Limited (Adani Group) plans to bid for the bankrupt Jaiprakash Associates Limited vast apartment complexes, villas and golf courses in the National Capital Region, making a grand entry into the country’s biggest property market through the insolvency court…
• Emami eyes 50% of top line from its acquired brands
  05 August 2024, retail.economictimes.indiatimes.com
  The acquired brands of Emami now contribute 45 per cent of the top line of the FMCG major and this could go past 50 per cent soon. In the report, Emami Vice-Chairman and Managing Director Harsha V Agarwal said when Emami acquired Zandu more than a decade-and-a half ago — in possibly the largest acquisition in the country’s personal care space — there was a question over whether it had paid too much. Emami acquired Zandu in late 2008 for Rs 750 crore…
• Myntra CEO Nandita Sinha to take over Flipkart Fashion as Arief Mohammad quits
  05 August 2024, retail.economictimes.indiatimes.com
  Flipkart’s fashion vertical head Arief Mohamad is set to exit the firm, with his role being taken over by Myntra chief executive Nandita Sinha, people in the know told ET…
• Curefoods’ Olio Pizza aiming to become a Rs 500 crore brand by 2026-end; plans entry into Dubai market
  05 August 2024, retail.economictimes.indiatimes.com
  Olio Pizza is a delivery-first cloud kitchen pizza brand under Curefoods which reached Rs 100 crore annual revenue rate (ARR) in 15 months, one of the fastest in consumption category, Ankit Nagori, founder of the company shared. By this year’s end, the company expects the pizza brand to reach 200 locations and achieve a Rs 200 crore annual revenue rate (ARR)…
• Emami’s new strategy has consumer at the centre
  05 August 2024, retail.economictimes.indiatimes.com
  Emami is graduating from being a seasonal and rural-focused company to a “perennial and universal” organisation and has been positioning itself by taking a consumer-centric approach, said vice- chairman and managing director Harsha V Agarwal…
• Changing consumer trends: Premium outperforms mass as ‘new’ India seeks quality of life
  05 August 2024, retail.economictimes.indiatimes.com
  Demand for premium products, including hair serums and fabric conditioners, has grown significantly in the last two years, driven by increasing affluence and changing consumer preferences. Companies like Hindustan Unilever and Mondelez India have seen notable growth in their high-end product sales, indicating a shift towards quality and convenience in consumer choices…
• E-commerce led by quick-commerce emerging as ‘high growth channel’ for FMCG companies
  05 August 2024, thehindubusinessline.com
  Companies such as Dabur India, Nestle India, Hindustan Unilever and Tata Consumer have reported high double-digit growth on e-commerce channel in their Q1 earnings…
• Delhivery to launch dark stores for D2C brands
  05 August 2024, retail.economictimes.indiatimes.com
  New-age logistics player Delhivery will launch a network of shared dark stores, or micro warehouses, targeted at direct-to-consumer (D2C) brands looking to fulfil local deliveries in a two to four-hour timeline, the company’s cofounder and chief executive Sahil Barua said in a post-earnings analysts call on Friday. These micro warehouses will be made available to companies on a shared basis…
• Snitch Launches Its 16th Store in Rajkot
  05 August 2024, indianretailer.com
  Bengaluru-based omnichannel fashion brand Snitch has proudly announced the opening of its 16th store in Rajkot, Gujarat. This exciting milestone was shared through a social media post by the company…
• Uppercase Launches 2 New Stores, Targets 100 Outlets Within 2 Years
  05 August 2024, indianretailer.com
  Homegrown luggage brand Uppercase has recently launched two new exclusive offline stores in Bengaluru and Mumbai, marking a significant milestone in the company’s expansion efforts…
• Top Luxury Handbag Brands In India
  05 August 2024, indianretailer.com
  India is known for its diverse tastes in style and fashion. And people don’t buy luxury only for comfort but to show their value in society, likewise, all luxury products including handbags are just a way of showing their richness and standards…
• 8 Best Single Malt Whisky Brands in India
  05 August 2024, indianretailer.com
  Single malt Scotch whisky stands as a testament to the art of whisky-making, offering a complex array of flavors that cater to both seasoned aficionados and casual enthusiasts. In 2024, the Indian market is embracing these sophisticated spirits more than ever…
• The Body Shop Announces Collaboration with Actress Diana Penty
  05 August 2024, indianretailer.com
  British ethical beauty brand The Body Shop has announced an exciting partnership with Indian actress Diana Penty. A standout element of this collaboration is the introduction of Edelweiss, a remarkable new ingredient in The Body Shop’s product lineup. Harvested by a team of passionate experts in the pristine Swiss Alps, Edelweiss extract is sourced, managed, and organically cultivated to ensure the highest quality…
• Lavish Soni Takes on the Role of Chief Business Officer at The House of Rare
  05 August 2024, indianretailer.com
  Seasoned retail expert Lavish Soni has been promoted to Chief Business Officer at The House of Rare, a move he shared with his network in a social media post…
• Novotel Pune Welcomes Anant Leekha as General Manager
  05 August 2024, indianretailer.com
  Novotel Pune has announced the appointment of Anant Leekha as its new General Manager. With over 20 years of industry experience, Anant is well-regarded for his strong track record and achievements…
• Nothing Achieves 567 Pc YoY Growth in H1 2024
  05 August 2024, indianretailer.com
  London-based consumer technology brand, Nothing, has reported a 567 percent year-on-year (YoY) growth, according to Counterpoint Research, a global technology market research firm…
• Apple Sets Revenue Records in India and Beyond for June 2024
  05 August 2024, indianretailer.com
  iPhone maker Apple experienced record revenue growth in India and over two dozen other countries in the quarter ending June 30, 2024, according to its chief executive officer, Tim Cook…
• Navigating the Complexities of Offline Expansion for D2C Food and Beverage Brands
  05 August 2024, indianretailer.com
  In the dynamic landscape of consumer goods, particularly within the food and beverage sector, direct-to-consumer (D2C) brands have sought to disrupt traditional distribution channels by focusing primarily on online sales…
• Mumbai Property Registrations Rise 16% YoY
  03 August 2024, rprealtyplus.com
  Mumbai city (area under BMC jurisdiction) saw significant growth in July 2024, with 12,160 property registrations contributing over INR 1,055 cr to the state exchequer…
• Rajan Aggarwal Joins Bhartiya Urban as Chief Financial Office
  03 August 2024, rprealtyplus.com
  Bhartiya Urban, a leading real estate development firm in India, is pleased to announce the appointment of Rajan Aggarwal as its new Chief Financial Officer…
• Delhi HC appoints arbitrator to settle dispute between PVR INOX, Ansal Plaza Mall over sealed multiplex
  03 August 2024, realty.economictimes.indiatimes.com
  The Delhi High Court has appointed an arbitrator to resolve the dispute between PVR INOX and Ansal Plaza Mall in Greater Noida. PVR INOX claims that its four-screen multiplex at Ansal Plaza Mall was sealed due to unpaid government dues by the lessor, Sheetal Ansal…
• In Reliance Retail’s company, Superdry to enter athleisure
  03 August 2024, retail.economictimes.indiatimes.com
  Superdry’s foray into the athleisure segment in India will be a first for the company globally, with several stores set to be opened across India. Initially, the company will sell clothing, and later footwear after securing BIS certification…
• Britannia Industries net profit rises 10.85% to Rs 504.88 crore in Q1 FY25
  03 August 2024, retail.economictimes.indiatimes.com
  Britannia Industries announced a 10.85% increase in net profit for the June quarter of FY25, totaling Rs 504.88 crore. The company saw modest revenue growth of 4%, driven by higher volumes and improved margins. They expanded distribution in rural areas and focused on modern trade and e-commerce channels…
• Titan profit drops 5.4% to Rs 715 cr in Apr-Jun; sales rise 12%
  03 August 2024, retail.economictimes.indiatimes.com
  Titan’s sales were up 12.64 per cent to Rs 12,223 crore during the quarter under review. It was Rs 10,851 crore for the corresponding quarter, according to a regulatory filing. Its total expenses increased 12.75 per cent to Rs 12,413 crore in the June quarter. Titan’s total income in the June quarter rose 11.44 per cent to Rs 13,386 crore…
• We will be focusing more on tier II and beyond cities, says Ramesh Kalyanaraman, ED of Kalyan Jewellers
  03 August 2024, retail.economictimes.indiatimes.com
  For the next few years, we will be focussing on tier II and beyond cities because these markets are more open and we do not have a presence there, he said…
• Meesho onboards Hari Bhartia, Kalpana Morparia, Rohit Bhagat as independent directors
  03 August 2024, retail.economictimes.indiatimes.com
  “As we embark on the next phase of growth, I am thrilled to announce the appointment of Surojit Chatterjee, Kalpana Morparia, Rohit Bhagat, and Hari S. Bhartia as independent directors to Meesho’s board,” Meesho, Founder and CEO Vidit Aatrey said in a statement…
• Lotte India, Havmor to merge to form one integrated entity, will invest ₹400 crore to set up new ice-cream factory for Havmor
  03 August 2024, thehindubusinessline.com
  In a strategic move, South Korea-based confectionery company, Lotte Wellfood, has decided to merge its Indian subsidiaries Lotte India and Havmor Ice Cream to establish an integrated entity in India…
• Brands from Starbucks to LVMH are hurting in one big market
  03 August 2024, retail.economictimes.indiatimes.com
  Retailers, including luxury giant LVMH, L’Oreal, and Starbucks are all seeing lower sales in the world’s second-largest economy, compared with past years. Chinese customers are choosing to save their money and spending on experiences when they do fork out. Starbucks, which reported earnings on Tuesday, saw an especially harsh reality check…
• Uppercase Launches 2 New Stores, Targets 100 Outlets Within 2 Years
  03 August 2024, indianretailer.com
  Homegrown luggage brand Uppercase has recently launched two new exclusive offline stores in Bengaluru and Mumbai, marking a significant milestone in the company’s expansion efforts…
• Bonkers Corner Opens Ninth Retail Store in Bengaluru
  03 August 2024, indianretailer.com
  Bonkers Corner, a notable player in the fashion retail industry, has opened its ninth store in India, marking its debut in Bengaluru. The new location, spanning 3000 square feet, is situated on Brigade Road, positioning it as a key destination for fashion shoppers in the city…
• Fossil Expands Retail Presence with New Store in Pune’s Phoenix Mall
  03 August 2024, indianretailer.com
  Fossil, a global leader in lifestyle accessories, has announced the opening of its latest retail store in Phoenix Mall of the Millennium, Pune. This expansion underscores Fossil’s commitment to enhancing its retail presence in India, making its brand more accessible to customers in emerging markets across the nation…
• Vinod Cookware Acquires Healux International to Expand Retail Footprint
  03 August 2024, indianretailer.com
  Vinod Cookware, a renowned brand with over 60 years of history in the Indian cookware market, has announced the acquisition of Healux International Pvt. Ltd., a Bangalore-based startup specializing in cookware and healthy lifestyle products…
• A.O. Smith Celebrates 150 Years with Growth Focus in India
  03 August 2024, retail.economictimes.indiatimes.com
  A.O. Smith Corporation has marked its 150th anniversary, reflecting on its rich history, innovative transformations, and promising future. A.O. Smith India, established in 2010, is among the fastest-growing regions within the corporation, outperforming major markets with a strong pan-India presence…
• Meesho Strengthens Board with Four Independent Directors
  03 August 2024, indianretailer.com
  Meesho has appointed four Independent Directors to its Board: Kalpana Morparia, Hari S. Bhartia, Surojit Chatterjee, and Rohit Bhagat. This move highlights Meesho’s commitment to transparency and strong corporate governance…
• Bebe Burp Bags Rs 8 Cr in Pre-Series A Funding to Expand Market Presence
  03 August 2024, indianretailer.com
  Bebe Burp, a certified baby food brand under Mighty Steps Pvt Ltd, has successfully closed its latest Pre-Series A funding round, securing Rs 8 crore from the venture capital firm Gruhas Collective Consumer Fund (GCCF)…
• Chanel Launches E-Commerce Site in India, Expanding Luxury Access
  03 August 2024, indianretailer.com
  In a significant move within the Indian beauty market, Chanel has unveiled its e-commerce platform today, marking a notable shift in the luxury shopping experience. As Indian consumers become increasingly discerning…
• Leaf Studios Brings New Line of Wireless Audio Products
  03 August 2024, indianretailer.com
  Leaf Studios, a leader in audio technology, has launched six new wireless audio products, including four true wireless earbuds and two neckbands. The new products are designed to offer a high-quality audio experience at an affordable price, with neckbands starting at Rs 599 and earbuds starting at Rs 899…
• Rising Demand Fuels Evolution in Sexual Health and Wellness Solutions
  03 August 2024, irecwire.com
  From innovative products to holistic approaches, these companies are redefining the landscape, ensuring comprehensive care that embraces both physical and emotional well-being…
• Zomato’s revenue rises 74% on Blinkit, Hyperpure surge; profit grows to Rs 253 crore
  02 August 2024, retail.economictimes.indiatimes.com
  Food delivery giant Zomato reported multifold year-on-year (YoY) growth in its consolidated net profit while revenue soared for the June quarter. Zomato announced the launch of District – a new app for its going-out business. The company has been increasing its focus on the vertical, which includes dining out, live events, and ticketing…
• ITC Q1 net profit flat at Rs 5,177 cr, revenue up 7.5% to Rs 20,029.5 cr
  02 August 2024, retail.economictimes.indiatimes.com
  “While green shoots of demand recovery emerged during the quarter in the Paperboards, Paper & Packaging segment, performance remained impacted largely due to cheap Chinese supplies in international markets including India and a surge in domestic wood prices,” ITC said…
• D2C fitness startup Boldfit onboards cricketer KL Rahul as investor; targets Rs 500 crore revenue by FY26
  02 August 2024, retail.economictimes.indiatimes.com
  Boldfit achieved a revenue of Rs 73 crore in the fiscal year 2022-23. With strategic initiatives and KL Rahul’s impact, the brand aims to reach Rs 500 crore in revenue by FY26. Currently, it serves over 1 crore customers annually and aims to expand this reach to 5 crore with this partnership…
• Amazon India sees demand surge from tier 2, 3 cities; Co. says Prime Day 2024 shopping increased 24%
  02 August 2024, retail.economictimes.indiatimes.com
  On the marketplace, during Prime Day, sales of side-by-side refrigerators grew two times, while sales of high-capacity front-load washing machines increased ninefold compared to 2023. Overall consumer electronics and personal computing category sales grew 13 per cent in the same period…
• Emami PAT rises 10 pc to 150.6 cr in June quarter
  02 August 2024, retail.economictimes.indiatimes.com
  Emami’s revenue from operations was up 9.73 per cent to Rs 906.07 crore during the quarter under review. It was Rs 825.66 crore in the corresponding quarter a year ago. The company’s total expenses were Rs 689.56 crore, up 8.4 per cent in the June quarter of FY24. Its total income, which includes other revenue, rose 9.9 per cent during the period under review to Rs 916.53 crore…
• Dairy firm Milk Mantra’s FY24 revenue marginally rises to Rs 279 crore; becomes 6% EBITDA positive
  02 August 2024, retail.economictimes.indiatimes.com
  Milk Mantra announced a financial recovery for FY24, with revenue growing to Rs 279 crore. The company’s EBITDA improved from a Rs 6.56 crore loss to a positive 6% margin. Their value-added products saw a 15% annual growth. Future plans include investments and regional expansion of the Milky Moo brand…
• FirstCry: Meet the man behind the baby products business that grew into a giant
  02 August 2024, retail.economictimes.indiatimes.com
  Founded by Supam Maheshwari and his colleague from a previous business, Amitava Saha, FirstCry has been the darling of investors which include SoftBank, Tata Sons Chairman Emeritus Ratan Tata, Premji Invest, Mahindra & Mahindra and TPG Growth…
• Amazon says consumers cautious, forecasts revenue below Wall Street targets
  02 August 2024, retail.economictimes.indiatimes.com
  Amazon.com experienced a slowdown in online sales growth during the second quarter, as consumers opted for cheaper products. This cautious spending behavior caused an almost 8% decline in Amazon shares. Despite beating analyst expectations in profits and cloud computing sales, stiff competition and budget-conscious shoppers impacted Amazon’s projections for the upcoming quarter…
• Luggage startup uppercase planning to open 100 stores in next two years
  02 August 2024, retail.economictimes.indiatimes.com
  ​​uppercase has opened its first two stores in Mumbai and Bengaluru this week. Sudip Ghose, founder and managing director of the company said, “These spaces allow us to connect directly with our consumers and showcase our range of innovative and sustainable bags.”..
• Godrej Agrovet to acquire stake in Tyson Foods
  02 August 2024, thehindubusinessline.com
  Godrej Agrovet Limited announced a purchase agreement with Tyson India Holdings Limited for the remaining 49 per cent stake in Godrej Tyson Foods Limited (GTFL). The stake will be acquired at a cost of ₹322.8 crore…
• Zomato launches District app for dining out, events, ticketing biz
  02 August 2024, retail.economictimes.indiatimes.com
  Zomato introduced a new app, District, for its going-out vertical, which includes dining, live events, and ticketing. This follows efforts to expand this business, including acquiring Paytm’s events division. The segment reported Rs 1,268 crore in the April-June quarter, a 106% rise from the previous year. Zomato aims to create ‘super brands’ instead of ‘super apps’…
• Brewer AB InBev beats Q2 profit forecasts, but volumes slip
  02 August 2024, retail.economictimes.indiatimes.com
  The world’s largest brewer by volumes reported a 10.2% rise in second quarter normalised core profit (EBITDA), surpassing analyst forecasts for growth of 8.3%. Investors see the period as a return to normality for the maker of Budweiser and Stella Artois, after years of issues caused by COVID-19, high cost inflation and a prolonged boycott of key brand Bud Light in the United States, whose impact is now fading…
• India’s mfg sector growth eases slightly in Jul; selling prices see sharp uptick
  02 August 2024, retail.economictimes.indiatimes.com
  India’s manufacturing sector growth eased slightly in July, on softer increases in new orders and output, while cost pressures and demand strength led to the steepest increase in selling prices since October 2013, a monthly survey said on Thursday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) moderated slightly from 58.3 in June to 58.1 in July…
• India smartphone market clocks highest ever revenue for Q2
  02 August 2024, retail.economictimes.indiatimes.com
  Counterpoint Research said the Indian smartphone market clocked around $10 billion in revenues in Q2 2024, while a slower second quarter typically sees around $8-9 billion in revenues. This, even as quarterly shipments for Q2 declined by 2% year-on-year, influenced by a heatwave, a seasonal slump, and slower demand from Q1 2024…
• Recode Studios Expands Further with 17th Store Opening in Lucknow
  02 August 2024, indianretailer.com
  Recode Studios, a leading name in the cosmetic industry, proudly announces the grand opening of its 17th outlet in Kapurthala Chowk, Lucknow. This new store, which spans 200 square feet, marks a significant milestone in the brand’s ongoing expansion journey…
• ixigo Achieves 78 Pc YoY Profit Growth in Q1 FY25
  02 August 2024, retail.economictimes.indiatimes.com
  Le Travenues Technology Limited, popularly known as ixigo, has released its financial results for the quarter ending June 30, 2024, showcasing substantial growth and profitability across key performance metrics…
• Metro Brands Names Mohit Dhanjal as Chief Operating Officer
  02 August 2024, indianretailer.com
  Mumbai-based footwear retailer Metro Brands Ltd. (MBL) has appointed Mohit Dhanjal as its Chief Operating Officer, effective 1 August…
• IMAX Debuts in Gujarat with New Theater
  02 August 2024, indianretailer.com
  PVR Cinemas, based in Mumbai, has launched its latest theatre at Palladium Ahmedabad, a development that marks the debut of Gujarat’s first IMAX with Laser technology. The new venue features the exclusive LUXE (Luxury Cinema Concept)…
• How Consumer Trends and Digital Adoption are Fueling India’s FMCG Growth
  02 August 2024, indianretailer.com
  India’s Fast-Moving Consumer Goods (FMCG) sector has demonstrated remarkable growth, driven by consumer demand and increasing product prices, especially for essential goods. This sector not only contributes significantly to the country’s economy but also provides employment to around 3 million people, accounting for approximately 5 percent of total factory employment in India…
• Vineet Gautam Reaches 15-Year Milestone at Bestseller India
  02 August 2024, indianretailer.com
  Vineet Gautam, the CEO and Country Head of Bestseller India is set to celebrate 15 years with the Danish fashion and lifestyle group. Gautam recently shared this milestone on social media, marking a significant chapter in his career…
• Colgate-Palmolive India Reports 33 Pc Increase in Q1 Profit to Rs 364 Cr
  02 August 2024, indianretailer.com
  Colgate-Palmolive (India) Limited announced its financial results for the first quarter ended June 30, 2024, showcasing impressive growth and robust performance across its product portfolio. The brand delivered a robust 13.0 percent year-on-year topline growth for the quarter ended June 30, 2024…
• Elista Enhances Kitchen Convenience with New Dishwasher Range
  02 August 2024, indianretailer.com
  Elista, India’s leading consumer technology brand under TeknoDome, has announced the expansion of its dishwasher category with the launch of a new range of dishwashers…
• DiAi Designs Expands to the US with New Website Launch
  02 August 2024, indianretailer.com
  DiAi Designs, a leading Indian brand specializing in sustainable lab-grown diamond jewellery, has announced the launch of its new website catering to the US market. Founded in 2018, DiAi Designs has been a pioneer in reshaping the jewellery industry with its dedication to sustainability and contemporary design…
• Roastea Unveils New Outlet in Dehradun
  02 August 2024, indianretailer.com
  Dehradun, renowned for its tea culture and historic tea gardens, has welcomed a new addition to its culinary landscape. Roastea, a brand celebrated for its specialty coffees and artisanal tea experiences, has launched its fifth on-the-go outlet and its first in Dehradun…
• Clink Audio Debuts in India with Premium VoiceBuds TWS
  02 August 2024, indianretailer.com
  Clink Audio has made a notable entry into the Indian market with the launch of its innovative TWS VoiceBuds, designed to deliver an exceptional audio experience. This new product marks a significant development for Clink Audio in the consumer electronics space…
• Nexus Select Trust 8% YoY Increase in Retail Net Operating Income
  01 August 2024, rprealtyplus.com
  Nexus Select Trust, India’s first listed Retail REIT, reported results for the first quarter ended June 30, 2024. Achieved Retail Net Operating Income of INR 3,719 million (8% YoY growth) in Q1 FY25; in-line with FY25 projections…
• Mindspace Business Parks REIT Net Operating Income Grows 9.2% YoY
  01 August 2024, rprealtyplus.com
  Mindspace Business Parks REIT (‘Mindspace REIT’), owner and developer of quality Grade A office portfolio located in four key office markets of India, reports results for the quarter ended June 30, 2024…
• Prestige Estates Projects’ net profit dips 3.40% in Q1 FY25
  01 August 2024, realty.economictimes.indiatimes.com
  Prestige Estates Projects’ net consolidated total income stood at Rs 2,024.50 crore in Q1 FY25, a growth of 2.96 per cent from Rs 1,966.30 crore it recorded in the similar quarter last year…
• CapitaLand India Trust Management reports 21% growth in net property income for H1 2024
  01 August 2024, realty.economictimes.indiatimes.com
  Total property income and net property income for the period grew by 23% and 21% y-o-y to S$136.1 million and S$103.5 million for H1 2024, respectively…
• Unilever draws up new metrics to reward directors
  01 August 2024, retail.economictimes.indiatimes.com
  Unilever has revamped director pay, shifting from operating margin to absolute profitability measures after shareholder concerns over high compensation. HUL mirrored this, adjusting executive pay due to slower sales and profit growth. This approach aims to enhance performance in a tough market climate, aligning rewards with overall company goals…
• Tata Digital stitching ‘value fashion’ plan under its Cliq brand
  01 August 2024, retail.economictimes.indiatimes.com
  Tata Digital, the ecommerce arm of the Tata conglomerate, is in talks to develop a budget fashion line on its Tata Cliq platform to take on industry competitors Flipkart, Amazon India, and Reliance Ajio. While the company has Zudio in that category, sources said that brand is likely to stay offline only and there are no plans to take it on Neu yet…
• Godfrey Phillips to go ahead with exit from retail business under 24Seven
  01 August 2024, retail.economictimes.indiatimes.com
  Cigarette maker Godfrey Phillips India Ltd is proceeding with plans to exit the retail business under the ’24Seven’ brand after a district court in Delhi set aside an interim injunction. The board approved the exit on April 12, 2024, citing stakeholder feedback and market conditions. The retail business division had a negative net worth as of March 31, 2024, with revenue of Rs 403 crore in FY23-24…
• Customer growth is our top priority, says Dinesh Agarwal, CEO, IndiaMART
  01 August 2024, retail.economictimes.indiatimes.com
  Standalone revenue from operations for the quarter registered a growth of 18 per cent as it increased to Rs 315 crore as compared to Rs 268 crore last year. The growth was primarily driven by over 13 per cent improvement in realization from paying suppliers and the remaining by an increase in the number of paying suppliers…
• Myntra aims to onboard 500 D2C brands under new program to push Make-in-India
  01 August 2024, retail.economictimes.indiatimes.com
  Myntra revealed plans to onboard 500 D2C beauty and grooming brands by the end of the year through its Beauty Edit initiative. This program aims to accelerate the growth of made-in-India digital-first beauty brands, aligning with India’s rapidly expanding Beauty and Personal Care industry, projected to reach $30 billion by 2027…
• Bangalore-based legacy jeweller CKC looking to enter lab-grown diamond and high-end silver jewellery businesses in a big way
  01 August 2024, retail.economictimes.indiatimes.com
  C. Krishniah Chetty (CKC), a heritage jeweller from Bangalore, has expanded into the lab-grown diamond and high-end silver jewellery markets. Their sub-brand crash.club achieved a milestone by selling India’s largest recorded lab-grown diamond, a 20.06-carat emerald-cut stone…
• Samsung Electronics Q2 shows fastest growth in over a decade
  01 August 2024, retail.economictimes.indiatimes.com
  Samsung Electronics said Wednesday it registered its fastest growth since 2010, with operating profits soaring for the second quarter, as chip prices bounce back and demand for generative AI continues to grow. And demand for the advanced chips that power AI systems has skyrocketed thanks to the success of ChatGPT and other generative AI products…
• The Body Shop Integrates Cultural Design with Sustainability in Indian Retail
  01 August 2024, indianretailer.com
  The Body Shop, a global ethical beauty brand, is enhancing its presence in India’s retail sector through innovative store designs that celebrate the country’s rich cultural heritage…
• Hippo Homes and Metadome.ai Introduce VR Experience in Greater Noida
  01 August 2024, indianretailer.com
  In a groundbreaking move for the retail and home improvement sectors in India, Metadome.ai has partnered with Hippo Homes to launch an innovative virtual reality (VR) experience at Hippo Homes’ new store in the Grand Venice Mall, Greater Noida…
• Adidas Reports Q2 Sales Growth in North America Excluding Yeezy
  01 August 2024, indianretailer.com
  Adidas announced that its second-quarter revenues in North America, excluding sales of the Yeezy line, increased from last year. This growth was driven by both wholesale and its own retail segments…
• Pepperfry Expands Product Portfolio with Amberville
  01 August 2024, indianretailer.com
  Pepperfry has launched its latest collection, “Versaille,” by its in-house brand, Amberville. This new range combines French elegance with versatility, designed to enhance the aesthetics of any home…
• Product Life Cycle | Defined, Importance and Stages
  01 August 2024, indianretailer.com
  The life of a product from manufacturing to the shelf of a customer, is most important for a business for it to grow and flourish in the respective market. Know all about a product’s life cycle, its importance and its main stages…
• Honasa Appoints Nilesh Kotalwar as Online Senior Vice President
  01 August 2024, retail.economictimes.indiatimes.com
  Honasa Consumer Limited, the holding company of renowned brands like Mamaearth, The Derma Co., Aqualogica, Bblunt, and Dr Sheth’s, and the fastest-growing beauty and personal care (BPC) brand in India, proudly announces the appointment of Nilesh Kotalwar as Senior Vice President – Online Revenue & Growth…
• What to Expect from the Titan and AIGNER Collaboration in India
  01 August 2024, indianretailer.com
  AIGNER Watches, a brand renowned for its iconic designs, high-fashion styling, craftsmanship, and Swiss-made precision, has officially entered the Indian market. Rahul Shukla, Vice President and Chief Sales & Marketing Officer of Titan Watches Division expressed his excitement, stating, “We are thrilled to introduce AIGNER Watches to the Indian market…
• Akutee Unveils ‘Nostalgia’ Collection Celebrating Festive Season
  01 August 2024, indianretailer.com
  Akutee, the renowned homegrown artisan-led brand, has unveiled its latest collection, “Nostalgia,” just in time for the festive season. This new line draws inspiration from the vibrant and intricate beauty of the natural world,…
• Zanotta Introduces New Italian Menu with Chef Daniele Di Sacco
  01 August 2024, indianretailer.com
  Zanotta, the renowned Italian restaurant at The Leela Ambience Gurugram Hotel and Residences, has unveiled an all-new menu crafted by Chef Daniele Di Sacco. With extensive experience in Italy, Chef Daniele aims to highlight the best of Italian gastronomy using locally sourced ingredients to recreate the essence of traditional Italian cooking…
• Retail Sector Records Strongest H1 Leasing In 5 Years
  31 July 2024, rprealtyplus.com
  CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, announced the findings of its report, ‘India Retail Figures H1 2024’. The report highlights real estate growth, trends, and dynamics across the retail sector in India…
• Delhi-NCR Emerged As Top Destination For PE Investments
  31 July 2024, rprealtyplus.com
  India’s real estate market experienced a remarkable surge in investments during Q2 2024, attracting a significant USD 2.77 billion, according to Cushman & Wakefield’s latest Capital Market Beat report. This impressive influx propelled the total investments for the first half of 2024 to a record-breaking USD 3.9 billion…
• Macrotech Developers’ profit jumps 2.7 times to Rs 475 crore in Q1 FY25
  31 July 2024, realty.economictimes.indiatimes.com
  Total income grew to Rs 2,918.3 crore during the April-June period of this fiscal year from Rs 1,671.8 crore in the corresponding period of the preceding year…
• Mindspace REIT’s net operating income up 9% to Rs 496 crore in Q1 FY25
  31 July 2024, retail.economictimes.indiatimes.com
  Net Operating Income (NOI) increased 9 per cent to Rs 496 crore, from Rs 455 crore a year-ago, while distribution grew 5 per cent in the reported quarter to Rs 299 crore, from Rs 285 crore in the year-ago period…
• Nexus Select Trust’s net operating income up 7% to Rs 413 crore in Q1FY25
  31 July 2024, retail.economictimes.indiatimes.com
  ​In a regulatory filing, the company said it achieved retail Net Operating Income (NOI) of Rs 371.9 crore in April-June period of this fiscal, up 8 per cent from the year-ago period…
• How DMart plans to take on the quick commerce rivals
  31 July 2024, retail.economictimes.indiatimes.com
  Avenue Supermart, India’s largest listed retailer by sales and market capitalization, announced that it will focus on discounting and lower pricing to drive growth. The owner of DMart supermarkets emphasized that it will prioritize opening more stores instead of launching an ultra-fast delivery model, despite the rising popularity of quick commerce rivals. This approach is aimed at covering catchments and clusters where quick commerce companies are currently experiencing high demand…
• Tata Consumer Products’ net profit drops 14.3% to Rs 289.25 crore in Q1 FY25
  31 July 2024, retail.economictimes.indiatimes.com
  Tata Consumer Products’ ​​managing director and CEO, Sunil D’Souza said, “During the quarter, we recorded strong growth in the India salt business, our India tea business was impacted by an intense summer. Our growth businesses – Tata Sampann, RTD, Tata Soulfull, Tata SmartFoodz, Capital Foods, Organic India– recorded 66 per cent growth (20 per cent organic growth)…
• Adani Wilmar to invest Rs 600 crore to expand edible oil business, solar power capacities
  31 July 2024, retail.economictimes.indiatimes.com
  Adani Wilmar plans to invest Rs 600 crore to expand edible oil processing capacities and launch new food products. It aims for higher growth in volume terms, with ongoing expansion programs of Rs 3,400 crore. Promoters aim to reduce stakes to 75 per cent by February, meeting SEBI’s norm. The company reported a net profit of Rs 313.20 crore in Q1 of the fiscal year, with revenue growth in edible oils, food, and FMCG businesses…
• Top global brands like Marks & Spencer, Walmart and Pepco may boost India sourcing after import duty relief
  31 July 2024, retail.economictimes.indiatimes.com
  Brands who may have origins in other countries but have a presence in Australia like Kmart and Target, too are buying large volumes of garments from Tiruppur to take advantage of the India-Australia Free Trade Agreement, said KM Subramanian, president of Tiruppur Exporters Association (TEA). Also, Australian brands like BIG W and Woolworth are placing orders after the FTA…
• More than a third of fashion and footwear products get returned in online shopping: Report
  31 July 2024, retail.economictimes.indiatimes.com
  A recent report by Return Prime revealed that over a third of fashion and footwear products are returned in online shopping, with 17.6% of all ecommerce orders being returned, leading brands to implement stricter return policies. Return Prime’s founder Sashwat Swaroop emphasised the importance of efficiently managing returns to reduce losses and drive revenue. Ecommerce sales surged during the pandemic, exacerbating return issues, prompting brands to adjust return policies to mitigate costs…
• ElasticRun appoints Ankit Gadia as Chief Financial Officer
  31 July 2024, retail.economictimes.indiatimes.com
  Ankit Gadia will spearhead the development of innovative business strategies, fostering a culture of profitability throughout the organization. He will be working closely with ElasticRun’s co-founders and senior leadership to serve as the company’s face to investors, external partners and government bodies, as per the statement…
• Pizza Hut India operator misses Q1 profit estimates on weak demand, surging costs
  31 July 2024, retail.economictimes.indiatimes.com
  Sapphire Foods’ revenue from operations rose 10% to 7.18 billion rupees in the June quarter, missing analysts’ estimate of 7.23 billion rupees. The company said prices of ingredients rose nearly 10%, expanding its total expenses by 13% to 7.12 billion rupees…
• Varun Beverages Q2 Results: PAT jumps 26% YoY to Rs 1,262 crore, revenue up 28%
  31 July 2024, retail.economictimes.indiatimes.com
  Varun Beverages’ consolidated sales volume grew by 28.1% to 40.16 crore cases in Q2 CY2024 from 31.35 crore cases in Q2 CY2023, including 2.8 crore cases from BevCo during the quarter. About 46% of the company’s consolidated sales volumes came from low-sugar or no-sugar products…
• Burger King’s India operator restaurant brands Asia Q1 results: Loss narrows to Rs 49 crore
  31 July 2024, retail.economictimes.indiatimes.com
  The company’s consolidated net loss narrowed to Rs 493.6 million (USD 5.90 million) in the three months ended June 30 from a loss of INR 504.8 million a year earlier. However, this is the company’s fifteenth consecutive quarterly loss…
• Honasa Consumer appoints Nilesh Kotalwar as senior VP – online revenue and growth
  31 July 2024, retail.economictimes.indiatimes.com
  Honasa Consumer has named Nilesh Kotalwar as senior vice president – online revenue and growth. Kotalwar will focus on online strategy and growth for brands including Mamaearth and Aqualogica. An IIM-Lucknow alumnus, Kotalwar brings over 13 years of experience from companies like Godrej Consumer and Hindustan Unilever to his new role…
• Bagline Launches Second Store in Pune
  31 July 2024, indianretailer.com
  Multi-brand bag retailer Bagline House of Luxury Bags, a division of homegrown bag manufacturer Brand Concepts Ltd., has announced the opening of its second store in Pune. This new outlet is strategically located on Jungli Maharaj Road in Deccan, expanding Bagline’s footprint in the city…
• Flyrobe Partners with Sri Sringarr to Elevate Fashion Rental in Mumbai
  31 July 2024, indianretailer.com
  Flyrobe, a prominent fashion rental platform in India, has announced a strategic partnership with one of Mumbai’s oldest rental stores, Sri Sringarr. This collaboration aims to enhance Sri Sringarr’s offerings by integrating luxury items and advanced technology, thereby improving the overall customer experience in the retail sector…
• Tynimo Opens at Reach 3Roads in Gurugram
  31 July 2024, indianretailer.com
  Reach 3Roads, a high-street retail center by the Reach Group, announces the opening of Tynimo in Gurugram. Occupying approximately 659 sq. ft. on the ground floor, Tynimo aims to transform the shopping experience for residents…
• IndiaMART Announces Q1 FY2025 Financial Results with 17 Pc Revenue Growth
  31 July 2024, indianretailer.com
  IndiaMART InterMESH Limited has released its financial results for the first quarter ending June 30, 2024. The company’s consolidated revenue from operations reached Rs 331 crore, up from Rs 282 crore in the same period last year, marking a 17 percent increase…
• How ONDC’s Interoperable QR Code will Transform India’s Retail Sector
  31 July 2024, indianretailer.com
  In India, one of the most daunting tasks for small businesses is the struggle to gain visibility and establish an online presence. Platform constraints and high costs have made it challenging for them to compete with larger e-commerce giants…
• How Tata Soulfull is Disrupting the Masala Oats Category
  31 July 2024, indianretailer.com
  Tata Soulfull, known for its millet-based products, introduces Tata Soulfull Masala Oats+ Dal Shakti to the Indian retail market. This new variation in the Masala Oats category combines Moong dal with the Mast Masala flavor, offering a nutritious and convenient snacking option…
• Honeywell and Air India Forge Long-Term Support Agreement for Auxiliary Power Units
  31 July 2024, indianretailer.com
  Honeywell has entered into a long-term agreement with Air India Limited, India’s premier global airline and a part of the Tata Group, to provide Auxiliary Power Unit (APU) aftermarket support for both the existing and new fleets…
• Flipkart Unifies Financial Services with ‘Flipkart Pay’ for a Seamless Shopping Experience
  31 July 2024, indianretailer.com
  Flipkart, India’s leading e-commerce marketplace, has consolidated its financial and payment services under the new platform ‘Flipkart Pay’ ahead of the festive season. This strategic move aims to enhance customer engagement and streamline the payment process, positioning Flipkart Pay as a comprehensive solution for all financial transactions on the platform…
• Generation X Fuels E-Commerce Boom in India
  31 July 2024, indianretailer.com
  In the first half of 2024, the Indian e-commerce landscape has experienced a significant shift, driven by an unexpected demographic: individuals aged 41-60 years. this age group has dramatically increased its online spending, with categories like travel, food and beverages (F&B), and services witnessing the fastest growth…
• JUST CORSECA Unveils Latest Audio Wearables and Portable Speaker
  31 July 2024, indianretailer.com
  JUST CORSECA, a renowned brand in audio innovation, has introduced its newest range of audio wearables: the SONNET TWS, SPECTRE TWS, STRIDER SmartTouch Earbuds, and the SSTRIKE JST612 BT Portable Speaker…
• Saya Group Unveils New Brand Identity
  30 July 2024, rprealtyplus.com
  Saya Group, a leader in luxury real estate, is proud to unveil its new brand identity, marking a significant shift towards ultra-luxury. This rebranding underscores Saya Group’s commitment to pushing the boundaries of innovation and excellence…
• Elan Group Ties Up With CBRE For Mall Management In Gurugram
  30 July 2024, rprealtyplus.com
  Elan Group announced the appointment of CBRE, a global leader in real estate services for the comprehensive facilities management of its 4 malls in Gurugram. This strategic partnership signifies Elan Group’s commitment to delivering exceptional experiences for customers and visitors at its premises…
• TARC Ltd Appoints Arabian Construction Company As Principal Contractor
  30 July 2024, rprealtyplus.com
  TARC Limited, one of New Delhi’s leading real estate developer, has appointed Arabian Construction Company, headquartered out of Abu Dhabi, UAE, as the principal contractor for its luxury residential developments, TARC Kailasa, located in Central West Delhi & its upcoming development TARC 63A located in Gurugram…
• Oberoi Realty to develop 2,576 sq meters land in Bandra West, Mumbai
  30 July 2024, realty.economictimes.indiatimes.com
  Oberoi Realty expects to generate a free sale component of around 40,000 sq ft from the said land…
• One sector where Tata, Birla and Ambani will slug it out
  30 July 2024, retail.economictimes.indiatimes.com
  Why is Birla entering a sector where a big player like Tata is well-entrenched and growing, besides several other national-level brands while an Ambani brand too strives to make its place?..
• It’s trending D2C: new-age brands flex muscle via own sites
  30 July 2024, retail.economictimes.indiatimes.com
  Direct ecommerce, or brands selling directly to consumers through their digital platforms, has risen to 10-15% of India’s online retail market of $70-75 billion now, from 2-3% five years ago, according to data. Why are these brands focussing on their own channels for sales and cutting reliance on marketplaces?…
• Adani Wilmar Q1 Results: Co swings to black, posts Rs 313 crore-profit; revenue rises 10% YoY
  30 July 2024, retail.economictimes.indiatimes.com
  Adani Wilmar reported strong double-digit volume growth in both the Edible Oils and Food & FMCG segments, with increases of 12% YoY and 42% YoY, respectively, driven by growth in packaged staple foods. While Oleo and Castor oil in the Industry Essential segment experienced strong double digit volume growth, a decline in the oil meal business impacted the segment’s overall growth…
• Colgate Palmolive Q1 PAT up 33% to Rs 364 crore on price hikes
  30 July 2024, retail.economictimes.indiatimes.com
  Colgate Palmolive India reported a 33% rise in first-quarter profit on Monday, boosted by price hikes and steady domestic demand. The toothpaste maker’s overall sales rose 13% to 14.86 billion rupees, owing to a 13% growth in its domestic net sales during the quarter…
• Arvind’s Q1 Results: Net profit drops 40% YoY as inflationary pressures weigh
  30 July 2024, retail.economictimes.indiatimes.com
  The company, which sells international brands like Tommy Hilfiger, Arrow and Calvin Klein, said its consolidated net profit fell to 393.1 million rupees ($4.7 million) from 658.7 million rupees a year earlier. Arvind’s shares fell 2.8% after the results…
• Unilever’s Samir Singh moves on
  30 July 2024, retail.economictimes.indiatimes.com
  Unilever veteran Samir Singh has spent over two decades of experience in beauty and personal care across multiple categories like skin care, bath and body and make-up and across all big global markets. Singh was a member of the global beauty and personal care LT, board member of Unilever Asia Pte, ex-executive director, Hindustan Unilever (HUL) management committee…
• Nearly 150-200 direct to consumer brands entered offline retail channel over the past two years
  30 July 2024, retail.economictimes.indiatimes.com
  About 150-200 direct-to-consumer (D2C) brands have entered offline channels and quick-commerce platforms in the past two years, despite the funding challenges. Since 2016, over 600 D2C brands have launched, receiving $4 billion in investments. The D2C market is projected to grow from $16.9 billion in FY23 to $61.3 billion by FY27..
• Blackstone readies Rs 40,000 crore bid to acquire 51% stake in Haldiram’s
  30 July 2024, moneycontrol.com
  Blackstone Inc has sweetened its offer for Haldiram’s, the iconic Indian fast-food chain, in a move that will likely pave the way for the private equity firm’s entry into India’s lucrative snacks market…
• Tata International to increase share of sustainable leather to 50% in 4 years
  30 July 2024, retail.economictimes.indiatimes.com
  Tata International plans to increase its sustainable leather production from 27% to 50% by FY28. Manufactured under the Earthcare brand, including Phoenix Leather, the sustainable leather is produced in Dewas. Despite post-Covid challenges, demand is recovering in key markets. Tata collaborates with top global brands and benefits from India’s reduced customs duty on certain leather types…
• Gaia by Archie Opens Flagship Store in Faridabad
  30 July 2024, indianretailer.com
  Gaia by Archie is set to open its flagship multi-brand store on July 21st, 2024, in Faridabad, Delhi NCR. This store aims to provide a premium retail experience in India, combining contemporary and traditional fashion aesthetics…
• uppercase Expands Offline Presence with New Stores in Bangalore and Mumbai
  30 July 2024, indianretailer.com
  uppercase has launched its exclusive offline stores in India, located in Bangalore and Mumbai. The Bangalore store is situated at Lulu Mall, while the Mumbai outlet is at Phoenix Marketcity in Kurla. Both stores opened within two weeks, showcasing uppercase’s commitment to catering to the needs of modern travelers with sustainable options…
• Why 72 pc of Indian Shoppers Are Embracing AI Chatbots for Online Purchases
  30 July 2024, indianretailer.com
  Indian online shoppers exhibit distinct behaviors and preferences, placing a high value on brand trust and the quality of products and services. Indian online shoppers are tech-savvy and value efficiency, relevance, and personalized experiences…
• How Amazon India is Bringing International Beauty Brands to Every Pin Code
  30 July 2024, indianretailer.com
  India’s beauty market is a burgeoning arena, forecasted to reach a staggering $46 billion in the coming years. International brands are keenly eyeing this vast potential, and Amazon India stands at the helm of this transformation, leveraging its vast reach and robust infrastructure to cater to the burgeoning demand…
• ITC Strengthens FMCG Portfolio with Strategic Expansions
  30 July 2024, indianretailer.com
  To enhance its future-ready FMCG portfolio in the retail sector in India, ITC has launched nearly 100 superior and differentiated products annually, focusing on segments such as Health and Nutrition, Hygiene, Protection and Care, Convenience, On-the-Go, and Indulgence…
• Tata International Unveils Sustainable Phoenix Leather
  30 July 2024, indianretailer.com
  Tata International, the global trading and distribution division of the Tata Group, has launched Phoenix Leather, an eco-friendly product under its Earthcare Leather range, reinforcing its commitment to sustainable practices…
• Upcoming Biggest Malls in India 2024
  30 July 2024, indianretailer.com
  As India steps into 2024, the retail sector is gearing up for a transformative year with several new mega malls set to make their debut. These expansive shopping centers are designed to offer a blend of high-end retail and innovative amenities, promising to enhance the shopping experience across the country…
• BOP.In & Gaurs Launch ‘Kaun Banega Car-O-Pati’ Offer
  29 July 2024, rprealtyplus.com
  In a significant development, BOP.in is presenting the groundbreaking offer “Kaun Banega Car –O- Pati” on the occasion of Independence Day and Raksha Bandhan. The offer starts on 26th July and ends on 25th August along with the 9 years guaranteed income Investment Plan in Gaur World Smart Street project in Greater Noida West…
• Anant Raj Ltd Announces Q1 FY2025 Results With 63.5% Surge In PAT
  29 July 2024, rprealtyplus.com
  Anant Raj Limited, a leading name in the real estate sector, has announced its unaudited standalone financial results for the quarter ended June 30, 2024…
• L&T Realty, Valor Estate to jointly develop Rs 20,000 crore project in Mumbai
  29 July 2024, realty.economictimes.indiatimes.com
  Both companies are planning to build a mixed-use project with premium housing, commercial spaces, and a 1,000-key five-star luxury hotel, on a combination of revenue and area-share basis…
• Ashwin Seth Group aims to touch Rs 3,000 crore revenue in FY25
  29 July 2024, realty.economictimes.indiatimes.com
  Ashwin Seth Group is planning an investment of about Rs 1,500 crore in FY25 and Rs 2,500 in FY26 towards completing existing projects and expansion. It achieved sales revenue of Rs 1,486 crore in the FY24…
• Foods and Premium Personal Care portfolios to contribute 25 pc revenue by FY27: Marico
  29 July 2024, retail.economictimes.indiatimes.com
  Marico’s consolidated revenue growth has moved into “positive territory in Q4 and is expected to trend upwards during the course of FY25”, said the company which owns brands such as Sffola, Parachute, Hair & Care, Nihar and Livon etc…
• End of revenge shopping? Top retail chains scale back as Indians curb their spending
  29 July 2024, retail.economictimes.indiatimes.com
  Top retail chains like Reliance Retail, Shoppers Stop, and Spencer’s are closing underperforming stores due to prolonged consumption slowdown. Reliance closed 249 stores, Spencer’s exited North and South India. Companies are focusing on rationalizing networks and controlling costs to sustain operations amid weak demand and external challenges like heatwaves and elections…
• Beyond Snack looking to capture 10% of overall chips market share in India, triples production capacity
  29 July 2024, retail.economictimes.indiatimes.com
  Last month, Beyond Snack opened its factory at India Food Park, Tumkur, Karnataka. Spread across 60,000 square feet over 2 acres of land, it has a daily production capacity of 6.6 metric ton (MT). The company said this factory will triple its current capacity, enhancing its global expansion plans and ensuring scalability to meet future demands…
• Buying gold overseas seen to lose lustre as duty cut push domestic sales
  29 July 2024, retail.economictimes.indiatimes.com
  Indian jewellers foresee a surge in domestic gold purchases due to a significant customs duty cut in the 2024-25 budget. This change has narrowed the price gap between India and Dubai, making Indian gold more appealing. The reduction is expected to boost domestic gold production, and jewellers plan to introduce new designs to attract customers…
• Italian luxury group Zegna posts flat organic revenue
  29 July 2024, retail.economictimes.indiatimes.com
  Italian fashion group Ermenegildo Zegna reported broadly flat second-quarter organic revenue on Thursday as sales in the United States, Europe and Middle East helped offset a weaker quarter at its Thom Browne brand. Organic revenue totalled 497 million euros ($539 million) for the April-June quarter, down 0.4% from a year earlier…
• India actively taking steps to become global manufacturing centre: Lazard report
  29 July 2024, retail.economictimes.indiatimes.com
  India is experiencing rapid economic growth and is aiming to become a global manufacturing hub, according to Lazard’s report. The report highlights India’s strong demographic dividend, with a growing labor force and a rising middle class. The report also highlights PM Modi’s commitment to turning India into a developed country by 2047…
• Polls, heatwaves cool smartphone sales in June quarter
  29 July 2024, retail.economictimes.indiatimes.com
  In the June quarter, smartphone sales in New Delhi declined by 1-2% due to heatwaves and elections, causing an inventory buildup. Samsung, OnePlus, and Apple saw reduced shipments, although June improved with discounts. Vivo and Xiaomi excelled, with Xiaomi regaining the top spot. Despite higher average selling prices, the market experienced degrowth…
• Top 10 Brands Like Decathlon In India
  29 July 2024, indianretailer.com
  India’s retail sector has undergone a significant transformation in recent years, with both international and domestic brands catering to the diverse needs of consumers…
• Sustainable commerce: balancing financial profitability with environmental responsibility
  29 July 2024, indianretailer.com
  Concepts such as “ESG” (Environmental Social Governance), “Sustainability”, “Net Zero”, “Triple Bottom Line”, “Circular economy” have transitioned from academia and thinktanks to boardrooms, annual reports, and strategy meetings…
• Iconic Flurys Opens 1st Tearoom in Mumbai; Targets 120 Outlets by Fiscal End
  29 July 2024, indianretailer.com
  Apeejay Surrendra Park Hotels’ iconic bakery & confectionary brand Flurys is launching its first tearoom in Mumbai, near the Gateway of India…
• Nykaa’s Falguni Nayar ceases to be Dabur’s non-exec independent director after completion of second term
  29 July 2024, storyboard18.com
  Falguni Nayar is the founder, Executive Chairperson & Managing Director and Chief Executive Officer of Nykaa. She holds a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad…
• M3M India Appoints Stuart Mcconnachie As Chief Construction Controller
  27 July 2024, rprealtyplus.com
  M3M India, the country’s leading luxury real estate company announces the appointment Stuart McConnachie as Chief Construction Controller…
• DLF’s sales bookings jump over three-fold to Rs 6,404 crore in Q1 FY25
  27 July 2024, realty.economictimes.indiatimes.com
  DLF has given guidance to achieve Rs 17,000 crore worth of sales bookings for the entire 2024-25 financial year as against nearly Rs 15,000 crore in the preceding year…
• Aditya Birla group forays into jewellery retail with ‘Indriya’
  27 July 2024, retail.economictimes.indiatimes.com
  The Aditya Birla Group launched its new jewellery retail brand, Indriya, directly competing with Tanishq and Reliance Jewels. Indriya plans to be a top-three player in five years, leveraging India’s shift towards branded jewellery. This ₹5,000 crore initiative marks the group’s entry during the festive season, aiming to capitalize on India’s booming wedding market and rising preference for trusted brands…
• ITC to invest Rs 20,000 crore in medium term across businesses: Chairman and MD, Sanjiv Puri
  27 July 2024, retail.economictimes.indiatimes.com
  ITC is also proactively pursuing strategic investments, particularly in neighbouring markets, such as the FMCG facility set up by ITC’s Subsidiary, Surya Nepal Private Limited. ITC’s wholly owned subsidiary, WelcomHotels Lanka Private Limited, also launched the iconic ITC Ratnadipa, widely acknowledged as a jewel in Colombo’s hospitality landscape, he stated…
• Luggage brand Nasher Miles raises $4 mn
  27 July 2024, retail.economictimes.indiatimes.com
  “We’ve strategically opted for a smaller raise at a reasonable valuation, setting the stage for our Series A round later this year or early next year. This approach allows us to maintain our growth momentum while preparing for larger-scale expansion,” said Lokesh Daga, co-founder and director, Nasher Miles…
• KingsCraft eyes Rs 50 cr revenue from newly launched e-commerce platform in FY25
  27 July 2024, retail.economictimes.indiatimes.com
  The Pune-based company, which started operations this year, also said it is looking to venture into offline segments as well with plans to set up 50 fashion retail stores across Tier-I cities under the new platform by March next year…
• Swiggy empowers restaurant partners with market intelligence dashboard
  27 July 2024, retail.economictimes.indiatimes.com
  Swiggy has developed a Market Intelligence Dashboard to assist brands in tracking business performance, analysing operational metrics, and monitoring marketing spends. These insights translate into actionable intelligence, helping restaurants make data-driven decisions, a company release stated…
• Retail leasing doubles in top 7 cities in second quarter of 2024: JLL
  27 July 2024, retail.economictimes.indiatimes.com
  The leasing activity by retailers in organized retail centres and key high streets across the top seven cities surged by over 100 per cent in the second quarter (Q2) of 2024, according to a report by real estate firm JLL…
• EmbassyManufacturing sentiments and domestic demand up in Q1 FY25: FICCI survey
  27 July 2024, retail.economictimes.indiatimes.com
  Manufacturing sentiments in India have shown an improvement in the first quarter of the financial year 2024-25, according to FICCI’s Quarterly Survey on Manufacturing…
• Snitch Expands with 15th Store Opening in Vadodara
  27 July 2024, retail.economictimes.indiatimes.com
  Bengaluru-based omnichannel fashion brand Snitch has marked a significant milestone by inaugurating its 15th store in Vadodara, Gujarat. This new store represents a key expansion in the brand’s growth strategy, reinforcing its presence in the Indian fashion market…
• H&M Broadens Its Reach in Mumbai with a New Store on Linking Road, Bandra
  27 July 2024, indianretailer.com
  H&M India, a globally renowned retailer known for offering fashion and quality at affordable prices with a commitment to sustainability, proudly announced the grand opening of its eighth store in Mumbai…
• Top 10 Smart TV Brands in India 2024: Best Picks for Retailers
  27 July 2024, indianretailer.com
  In 2024, the Indian smart TV market is poised for impressive growth, with an expected annual increase of 12.4% and a market valuation reaching ₹35,000 crores…
• Bikaji Foods Sees 40 Pc Profit Surge and 15 Pc Revenue Boost in Q1
  27 July 2024, indianretailer.com
  On Wednesday, Bikaji Foods International Ltd, a leading snacks manufacturer, reported a remarkable 40.2 percent increase in its consolidated net profit for the first quarter ending June 2024…
• Top 10 Affordable Smartwatch Brands in India 2024 – Top Picks
  27 July 2024, indianretailer.com
  Ever imagine why smartwatches are more popular than regular watches? Because they can do so much more than just tell you the time and date. From tracking your steps and distance, counting the calories burned, to watching…
• Dusaan Unveils New Furniture Line in Home Decor Expansion
  27 July 2024, indianretailer.com
  New Delhi-based home decor brand Dusaan has made a significant expansion into the furniture category, introducing over 300 products…
• Nandadeep Jayakar Appointed as Business Head of Foot Locker India
  27 July 2024, indianretailer.com
  Mumbai-based footwear retailer Metro Brands Ltd. (MBL), which has secured the license to own and operate Foot Locker stores in India, has named Nandadeep Jayakar as the business head of Foot Locker India…
• How Bharat’s Small Towns Are Driving India’s $300 Bn Retail Future
  27 July 2024, indianretailer.com
  In recent years, Bharat—India’s smaller towns and rural areas—has witnessed a significant shift in the eCommerce landscape. Traditionally dominated by major urban centers like Delhi, Mumbai, and Bangalore, the spotlight is..
• Nestlé India Profit Up 7 PC to Rs. 747 Cr; Sales Rise 3.75 PC to Rs. 4,793 Cr
  27 July 2024, retail.economictimes.indiatimes.com
  Nestlé India Ltd reported a 6.9 percent rise in net profit to Rs. 746.60 crore for the quarter ending June 2024, up from Rs. 698.34 crore during the same period last year, according to the company’s regulatory filing…
• Top 9 Young Entrepreneurs in India Acing the D2C Segment
  27 July 2024, indianretailer.com
  The younger generation aims to reach new heights today, especially in entrepreneurship. Gone are the days when a traditional nine-to-five job was the only path to success…
• Emami Set to Acquire Full Ownership of The Man Company
  27 July 2024, indianretailer.com
  Emami, a leading FMCG company in India, is nearing the full acquisition of the men’s grooming brand The Man Company. Sources indicate that Emami is set to purchase the remaining stake in The Man Company for an estimated Rs 400 crore…
• From Metros to Tier I Cities, How Mars Wrigley Plans to Redefine Premium Gifting in India
  27 July 2024, indianretailer.com
  Imagine unwrapping a gift so exquisite that it feels like a treasure trove of delights, each piece as precious as a jewel. Mars Wrigley India has just launched something that promises to redefine the way we think about gifting: GALAXY® Jewels…
• Karan Johar’s Jewellery Brand Tyaani Expands to Pune
  27 July 2024, indianretailer.com
  Indian filmmaker and television personality Karan Johar’s jewelry brand Tyaani has made a significant entry into Pune with the inauguration of its first store in the city. Situated in the bustling Kalyan Nagar area, the newly opened store boasts an impressive collection of over 2,000 designs…
• Iconic Flurys Opens 1st Tearoom in Mumbai; Targets 120 Outlets by Fiscal End
  27 July 2024, indianretailer.com
  Apeejay Surrendra Park Hotels’ iconic bakery & confectionary brand Flurys is launching its first tearoom in Mumbai, near the Gateway of India…
• Si Nonna’s launches its first outlet at Surat
  27 July 2024, indianretailer.com
  The first Neapolitan sourdough pizza pioneer, Si Nonna’s, is excited to announce the opening of its first outlet in Surat, Gujarat. This is a major step towards introducing a hint of Naples to the center of Surat…
• Eating Love Adds Third Bangalore Outlet
  27 July 2024, indianretailer.com
  Eating Love, the well-known Neapolitan sourdough pizza business founded by Niharika Peri in 2018, has announced its third location in Bangalore. This expansion is a significant step for the brand as it brings authentic Italian cuisine to more areas of the city…
• Embassy REIT Leases 1.9 Million Square Feet In Q1 FY2025
  26 July 2024, rprealtyplus.com
  Embassy Office Parks REIT (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results for the first quarter ended June 30, 2024…
• ADLF’s profit up 23% to Rs 645.61 crore in Q1 FY25
  26 July 2024, realty.economictimes.indiatimes.com
  Total income rose to Rs 1,729.82 crore during the April-June period of this fiscal from Rs 1,521.71 crore in the corresponding period of the previous year, according to a regulatory filing…
• Reliance Retail’s Swadesh stitches up pact with Falguni Shane
  26 July 2024, retail.economictimes.indiatimes.com
  Reliance Retail’s ethnic handicrafts initiative, Swadesh, has launched its first partnership with luxury designer label Falguni Shane Peacock. This collaboration, which may expand into a deeper strategic alliance, aims to enhance Swadesh’s ethnic handicrafts offerings…
• Nestle India profit rises 7 pc to Rs 746.6 crore in June quarter, sales up 3.75 pc to Rs 4,792.97 cr
  26 July 2024, retail.economictimes.indiatimes.com
  Suresh Narayanan, chairman and managing director of Nestle India, said,”Despite external challenges such as lower consumption growth, concerns about continued food inflation and volatile commodity prices, we have delivered growth across our product groups. Almost a fourth of our growth has been mix and volume led, and we hope to strengthen this trend in the coming months”…
• Emami likely to acquire 100% stake in The Man Company
  26 July 2024, retail.economictimes.indiatimes.com
  Emami Ltd considered acquiring the remaining 49.6% stake in Helios Lifestyle, which owns The Man Company brand. Emami already had a 50.4% stake after previous investments. Analysts noted The Man Company boosted Emami’s earnings, becoming EBITDA positive and growing by 86% last fiscal year. Don’t miss full details on Emami’s potential complete acquisition and its impact on their portfolio…
• McDonald’s India operator Westlife Foodworld posts 88.7% profit decline in Q1 FY25
  26 July 2024, retail.economictimes.indiatimes.com
  Westlife Foodworld Limited, operating McDonald’s in West and South India, reported a significant 88.7% drop in Q1 profit. Despite slight revenue growth, challenges included higher royalty costs and operating deleverage. The company remains focused on innovation and expansion, targeting 580-630 locations by 2027…
• Indian basmati rice maker LT Foods’ Q1 profit jumps on strong demand
  26 July 2024, retail.economictimes.indiatimes.com
  According to official data, India’s basmati rice exports grew by 13% to $1.04 billion from April to May, highlighting strong performance in international markets during the quarter…
• Metro Brands appoints Nandadeep Jayakar as business head for Foot Locker India
  26 July 2024, retail.economictimes.indiatimes.com
  Metro Brands has appointed Nandadeep Jayakar as business head of Foot Locker India. Jayakar, with experience from Adidas India and others, will report to Alisha Malik. Metro Brands aims to elevate sneaker culture and expand its market presence…
• WOW Skin Science eyes 5-7 pc of overall revenue from Color Cupid this fiscal
  26 July 2024, retail.economictimes.indiatimes.com
  Currently, the brand has launched 40 SKUs across face, eyes, and lips categories, and the products are available both online, through platforms like Amazon, and offline, spanning over 300 beauty advisor-led stores and 1,000+ makeup stores…
• Parle continues to be India’s top FMCG brand at home, 12th time in a row
  26 July 2024, retail.economictimes.indiatimes.com
  Parle, owned by Parle Products, remains India’s top FMCG brand in the latest Brand Footprint ranking, with seven of the top 10 brands being homegrown. The study measures brands based on consumer reach points (CRPs), combining penetration and frequency of purchase…
• Amazon Prime Day 2024 sees 24% increase in prime members shopping in India
  26 July 2024, retail.economictimes.indiatimes.com
  E-commerce giant Amazon’s Prime Day sale event saw a 24 per cent increase in member participation and a peak of 24,196 orders placed by Prime members in a single minute at Prime Day 2024, particularly from tier 2 and 3 cities, reflecting a growing e-commerce trend…
• Nestle’s chocolate prices in focus as cocoa costs bite
  26 July 2024, retail.economictimes.indiatimes.com
  Over the past three years Nestle and other consumer goods companies have raised prices across their brands to cover sky-high input costs amid supply chain issues after the pandemic. In recent quarters, the costs of most commodities have started to decline again but cocoa has nearly doubled in price this year amid shrinking supplies…
• Consumer goods might see rise in demand with new budget
  26 July 2024, retail.economictimes.indiatimes.com
  The Indian government’s budget focuses on infrastructure, rural outlay, and tax savings, which are expected to boost rural demand for packaged consumer goods and two-wheelers. The budget also aims to create jobs, which will drive consumption in tier-2 and 3 cities. However, the increase in capital gains taxes could impede discretionary spending…
• Preity Zinta, Shubman Gill launch Gym facility Drive Fitt
  26 July 2024, retail.economictimes.indiatimes.com
  The brand will oeprate in a franchise model and aims to expand its presence to 300 locations across the country in the next three years…
• LimeRoad.com Expands Into Offline Retail With a New Store in Karnataka
  26 July 2024, indianretailer.com
  Online fashion retailer Limeroad.com has marked a significant milestone by launching its first brick-and-mortar store in Karnataka, two years after its acquisition by value consumer company V-Mart Retail…
• Top 10 Affordable Smartwatch Brands in India 2024 – Top Picks
  26 July 2024, indianretailer.com
  Ever imagine why smartwatches are more popular than regular watches? Because they can do so much more than just tell you the time and date. From tracking your steps and distance, counting the calories burned, to watching…
• How Starbucks India is Brewing Success with Local Flavors and Innovation
  26 July 2024, indianretailer.com
  As Starbucks India celebrates its journey across 61 cities, the brand’s success is attributed to a blend of local adaptation and innovative retail strategies…
• Coty’s Beauty Brand Max Factor Makes its Debut in India
  26 July 2024, indianretailer.com
  Max Factor, a cosmetics line from the multinational beauty company Coty Inc., has entered the Indian market in partnership with New Delhi-based specialty beauty retailer House of Beauty…
• U&i Reveals Energy & Plus Series Wireless Neckbands for Fitness Enthusiasts
  26 July 2024, indianretailer.com
  In response to the demands of today’s fast-paced world, U&i, a leading player in consumer electronics and accessories in India, has launched two new wireless neckbands designed for those constantly on the move…
• Swiggy Launches Market Intelligence Dashboard to Empower Restaurant Partners
  26 July 2024, indianretailer.com
  Swiggy, India’s pioneering on-demand convenience platform has announced the launch of Market Intelligence Dashboard, a powerful tool designed to provide restaurant partners with comprehensive and actionable insights into their performance vis à vis the market…
• Mahindra Lifespace Developers reports profit of Rs 12.74 crore in Q1 FY25
  25 July 2024, realty.economictimes.indiatimes.com
  Its total income increased to Rs 206.70 crore during the April-June period of this fiscal year from Rs 110.05 crore in the corresponding period of the preceding financial year, according to a regulatory filing…
• Bikaji Foods International net profit rises 40.2% to Rs 58.06 crore in Q1 FY25
  25 July 2024, retail.economictimes.indiatimes.com
  Bikaji Foods International reported a 40.2% rise in consolidated net profit to Rs 58.06 crore for the quarter ending June 2024. Revenue increased by 15.24% to Rs 555.12 crore. Managing Director Deepak Agarwal highlighted significant volume growth and improved EBITDA despite higher raw material costs…
• Parag Milk Foods net profit rises to Rs 27.30 crore in Q1 FY25
  25 July 2024, retail.economictimes.indiatimes.com
  In a statement, Parag Milk Foods said the business has witnessed strong double digit volume growth of 10 per cent YoY aided by healthy volume growth in its core categories. The ghee, cheese and the new age businesses have witnessed volume growth of 15 per cent, 12 per cent and 51 per cent YoY respectively…
• LTCG tax parity may bring more family offices to the startupland
  25 July 2024, retail.economictimes.indiatimes.com
  The budget proposal to bring parity on long-term capital gains (LTCG) tax across all financial assets and abolish the angel tax will lead to more family offices investing in startups. These entities have increased their activity in startups over the past year. As per a PwC report, there were 45 family offices in 2018, which have zoomed to 300 now…
• Budget to boost leather and footwear sector, says Rajendra Kumar Jalan, Chairman, CLE
  25 July 2024, retail.economictimes.indiatimes.com
  “ Two major measures have been announced for the leather and footwear sector in the Union Budget. One is rationalization of export duties on leathers and the other is inclusion of more inputs including wet blue chrome tanned leather, wet white leather, crust leather and finished leather under the Duty Free Scheme for leather garments, leather products and footwear exporters”, Rajendra Kumar Jalan, Chairman, Council for Leather Exports (CLE) said…
• French luxury giant LVMH half-year net profit drops 14%
  25 July 2024, retail.economictimes.indiatimes.com
  Luxury group, LVMH half-year net profit slid 14 percent amid an uncertain geopolitical and economic environment. “The results for the first half of the year reflect LVMH’s remarkable resilience and the responsiveness of its teams in a climate of economic and geopolitical uncertainty,” said chief executive Bernard Arnault…
• Nestle India Q1 Preview: PAT may grow 13% YoY; margins to expand on deflation in prices
  25 July 2024, retail.economictimes.indiatimes.com
  Nestle India sustained its growth in Q1 2024 with revenue rising by 9% and profit after tax increasing by 13% year-on-year. The company benefited from deflation in palm oil and milk prices, improving EBITDA margins…
• United Spirits invests in non-alcoholic and coffee-based alcohol companies to fuel new growth
  25 July 2024, retail.economictimes.indiatimes.com
  The company will acquire 15% in V9 Beverages that markets and sells India’s first distilled non-alcoholic spirit brand Sober Gin, Sober Rum and Sober Whiskey while it has agreed to purchase 25% in Indie Brews and Spirits, the maker of Quaffine, India’s first cold brew coffee liqueur…
• Exclusive: Panasonic’s D2C platform witnesses 4x growth Q-o-Q
  25 July 2024, retail.economictimes.indiatimes.com
  The company has been experiencing a surge in demand on the back of increasing demand for ACs and refrigerators, and product category expansion along with its evolving marketing initiatives…
• Baby Forest Ayurveda Opens New Store in DLF Mall of India, Noida
  25 July 2024, indianretailer.com
  In a strategic move to expand its retail presence in India, Baby Forest Ayurveda has launched its latest store in DLF Mall of India, Noida, Uttar Pradesh. Founded in 2022, Baby Forest is renowned for its ayurvedic baby care products made from natural ingredients…
• ASUS Expands Retail Presence in India with New Kanpur Store
  25 July 2024, indianretailer.com
  To strengthen its retail footprint across India, Taiwanese tech giant ASUS has announced the opening of an exclusive store in Kanpur. The 300 sq. ft. store will feature a wide range of electronics and computer…
• Explore the Top 10 Men’s Formal Wear Brands in India
  25 July 2024, indianretailer.com
  Want to know about the top 10 formal men’s wear brands in India? The formal men’s wear industry has taken a steep curve over a period of time in the Indian fashion market…
• VIP Clothing Ltd. Launches Rivolta, Setting New Standards in Athleisure
  25 July 2024, indianretailer.com
  VIP Clothing Ltd. has launched its newest collection, Rivolta, capturing the spirit of today’s youth who balance an active lifestyle with a relaxed attitude. This collection features a versatile range of apparel for men and women, empowering them to embrace fashion without compromising on comfort…
• Why Haier India’s Hybrid Retail Model is the Future of Consumer Electronics
  25 July 2024, indianretailer.com
  Haier India is blazing a trail in the consumer appliance market, redefining how traditional brands can evolve into modern, innovative hybrid retailers. NS Satish, President of Haier Appliances India, recently shared insights with…
• Acer Launches Aspire 3D 15 SpatialLabs Edition: A Breakthrough for 3D Content Creators
  25 July 2024, indianretailer.com
  Acer, a leading brand in the PC industry, today launched the Aspire 3D 15 SpatialLabs Edition, a groundbreaking product for 3D content creators. This innovative laptop enables creators to see their projects come to life in real-time with SpatialLabs technology…
• MakeMyTrip Sees 12.9 Pc Increase in Q1 Net Profit
  25 July 2024, indianretailer.com
  MakeMyTrip, a key player in India’s retail and travel industry, reported a 12.9 percent year-on-year increase in net profit, reaching $21.0 million for the quarter ending June 30, FY25. This compares to a net profit of $18.6 million during the same period last year (Q1FY24)…
• Lavie Luxe Launches New Perfume Line, Expanding Its Premium Offerings
  25 July 2024, indianretailer.com
  Lavie Luxe, known for its high-end, premium-quality products, has announced the launch of its new category of perfumes. This expansion marks a significant milestone for the brand, extending its luxurious offerings beyond bags and accessories into the world of fragrances…
• Sanktum Redefines Luxury Fashion with Innovative Handbag Subscription Service
  25 July 2024, indianretailer.com
  Sanktum, founded by Anushi Patel and Rangoli Kute, is revolutionizing luxury fashion with its groundbreaking handbag subscription service, which has quickly become a sensation in India’s fashion industry…
• Big Hello Broadens Reach in Chennai with New Fashion Store
  25 July 2024, indianretailer.com
  Big Hello, a renowned specialty fashion brand catering to plus-sized individuals, has inaugurated its second retail experience store in Chennai. Located in the City Centre and Pondy Bazaar, these new stores provide stylish and high-quality fashion clothing and accessories designed specifically for plus-sized men and women…
• BaaMee All Day Eatery and Bar Brings Modern Retro Flair to Mumbai
  25 July 2024, indianretailer.com
  BaaMee All Day Eatery and Bar has opened its doors in Mumbai, offering a distinctive dining experience that combines modern retro design with global progressive cuisine…
• ANDAAZ Restaurant Appoints Parth Bharti as Executive Chef
  25 July 2024, indianretailer.com
  ANDAAZ Restaurant, a leading name in Indian cuisine, has appointed Parth Bharti as its new Executive Chef. Based in New Jersey, ANDAAZ aims to enhance its dining experience under Chef Bharti’s guidance…
• Pilibhit House Haridwar Appoints New Chef-in-Charge
  25 July 2024, indianretailer.com
  Pilibhit House, Haridwar – IHCL SeleQtions, Haridwar’s premier luxury hotel, has announced the appointment of Chef Rohit Dubey as the new Chef-in-Charge. With over 16 years of industry experience, Chef Dubey brings unmatched culinary expertise and knowledge to his new role…
• Gather Enhances Pune’s Deccan with New Dining Space
  25 July 2024, indianretailer.com
  Nestled in the heart of Deccan, Pune, Gather is set to open its all-day drinking and dining space dedicated to celebrating the joy of people coming together. Gather aims to be more than just a venue, focusing on the communal nature of dining, where good food, delightful drinks, and a welcoming atmosphere create memorable moments…
• Budget 2024: No Sector Specific Budget for Restaurant, EPF Support to Boost Employment
  25 July 2024, indianretailer.com
  The much awaited budget for the newly formed government led by the NDA alliance on Tuesday couldn’t bring much relief to the restaurant and hospitality sector. Finance Minister Nirmala Sitharaman unveiled the Union..
• How AI is Helping Cloud Kitchen Biz Grow
  25 July 2024, indianretailer.com
  The convenience of online meal delivery is attracting more and more customers, which has led to an accelerated rise in the cloud kitchen business in recent years. Since there are no dine-in customers, food in a cloud kitchen is exclusively made in a commercial kitchen for takeout or delivery…
• Gains For Real Estate Industry In Union Budget 2025-25
  24 July 2024, rprealtyplus.com
  Three crore additional houses under the Pradhan Mantri Awas Yojana in rural and urban areas in the country have been announced, for which the necessary allocations are being made…
• Long-Term Holding Period Reduced For REIT & InVITs Investors
  24 July 2024, rprealtyplus.com
  The newer asset class of business trusts which includes Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) stand to benefit from the Budget 2024 as it makes the long-term holding period for tax considerations uniform with the rest of the equity market…
• HUL Q1 Results: Net profit rises 3% YoY at Rs 2,538 crore, meets estimates
  24 July 2024, retail.economictimes.indiatimes.com
  FMCG major Hindustan Unilever (HUL) reported a net profit of Rs 2,538 crore for the quarter ending June 30, 2024, which closely matched the Street estimate of Rs 2,541 crore. This represents a 3% year-on-year growth compared to the corresponding quarter last year…
• India helps Coca-Cola to gain 2 pc volume growth, post 400 million transactions in H1
  24 July 2024, retail.economictimes.indiatimes.com
  In Q2 2024, Coca-Cola achieved 2% growth, driven by India, Brazil, and the Philippines. India’s innovative bottles with extended shelf life generated 400 million transactions, reducing costs. Developed markets remained stable; Asia Pacific grew 3%. India, the fifth largest market, significantly contributed. CEO James Quincey noted solid performance. Revenues reached $12…
• Budget ringfences India growth story: Nykaa CEO Falguni Nayar
  24 July 2024, retail.economictimes.indiatimes.com
  The Prime Minister’s package of five schemes and initiatives to accelerate employment, skill development and other opportunities for 41 million youth over the next five years with a central outlay of Rs 2 lakh crore has the potential to increase households’ purchasing power…
• Urban Company: loss narrowed in FY24, posted pre-tax profit in Q1
  24 July 2024, retail.economictimes.indiatimes.com
  The Gurugram-based company recorded Rs 281 crore in revenue for the April-June period, or the first quarter, of this fiscal year, with a profit before tax (PBT) of Rs 12 crore, the business summary showed…
• United Spirits Q1 profit rises 1.7% to Rs 485 crore
  24 July 2024, retail.economictimes.indiatimes.com
  USL CEO & Managing Director Hina Nagarajan said the company has commenced FY25 with a steady performance in the first quarter. “Our renovation and innovation offerings are rolling out progressively with an encouraging response,” she added. Looking ahead, Nagarajan said, “We remain focused on enhancing the long-term competitiveness of our portfolio, and to sustainably deliver in a soft demand environment and harness every opportunity to create long-term value for all our stakeholders.”..
• Inditex to Launch Bershka in India with First Store at Mumbai’s Phoenix Palladium
  24 July 2024, indianretailer.com
  Inditex is set to introduce its youth fashion brand, Bershka, to the Indian retail market on 1st November, with the first store opening at Mumbai’s Phoenix Palladium mall. This marks Bershka’s debut in India, following the successful launches of Zara and Massimo Dutti…
• Yousta by Reliance Retail Opens New Store in Lucknow
  24 July 2024, indianretailer.com
  Reliance Retail’s vibrant and youth-focused fashion brand, Yousta, has announced the opening of its latest store in Lucknow, located at Kapoorthala, Aliganj Road. This marks a significant milestone in Yousta’s nationwide expansion, bringing its trendy and affordable fashion offerings to the energetic city of Lucknow…
• GIVA Expands Retail Presence in India with New Kolkata Stor
  24 July 2024, indianretailer.com
  GIVA, one of India’s largest D2C fine jewellery brands, will be opening another retail store in Kolkata, Park Street, following its success in the city. The store offers a wide range of jewellery, combining classic styles with modern allure…
• Why India’s Budget 2024 Is a Win for Mobile Manufacturers and Consumers
  24 July 2024, indianretailer.com
  The Union Budget 2024 announced by India’s Finance Minister Nirmala Sitharaman has introduced a series of measures poised to energize the mobile industry. By slashing the basic customs duty on critical mobile components, the budget not only supports local manufacturing but also aims to make cutting-edge technology more accessible to consumers across the country…
• Union Budget 2024: The Impact on the Jewelry Market
  24 July 2024, indianretailer.com
  Union Finance Minister Nirmala Sitharaman has recently represented the first budget of PM Modi government’s third term in parliament. A range of economic measures and policy changes were also introduced aiming at stimulating growth and addressing various sectoral challenges…
• Top Highlights for the Retail & E-commerce Sectors from the Union Budget 2024-25
  24 July 2024, indianretailer.com
  Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25 in Parliament today, marking the first budget of Prime Minister Narendra Modi’s third term…
• Allied Blenders and Distillers Limited Announces Consolidated Financial Results
  24 July 2024, indianretailer.com
  Allied Blenders and Distillers Limited, the third-largest spirits company in India by annual sales volumes between FY14 and FY24, has announced its audited financial results for the fiscal year ending March 31, 2024…
• Top 10 Grocery Brands in India
  24 July 2024, indianretailer.com
  When it comes to daily shopping, choosing the right grocery store can make a world of difference. The top grocery stores in India are not just about stocking shelves—they are pioneers in transforming the shopping experience…
• US’s Maya Medi Spa Now Open in Hyderabad
  24 July 2024, indianretailer.com
  Maya Medi Spa, a prominent US-based aesthetic skincare bar, has proudly announced the opening of its latest outlet in Banjara Hills, Hyderabad…
• “The Richness of Indian Cuisine lies in its Deep-rooted Traditions, Regional Diversity,” Chef Hari Nayak
  24 July 2024, irecwire.com
  Indian cuisine is becoming popular not just in India but across the globe and all thanks to its rich flavors, colors, and diverse dishes that Indian cuisine brings to the table…
• Litchi Brings European and Asian Cuisine Together in South Delhi
  24 July 2024, indianretailer.com
  Litchi, a new dining spot blending European and Asian culinary traditions, has opened in Panchshila Park, Malviya Nagar, South Delhi. Located on Panchsheel Marg, Litchi aims to provide a diverse gastronomic experience for both casual diners and food enthusiasts…
• Effingut Introduces Canned Craft Beers to Expand Market Reach
  24 July 2024, indianretailer.com
  Effingut, a prominent name in India’s craft brewing sector, is set to introduce its signature craft beers in cans. Founded over a decade ago by Manu Gulati, Effingut has grown from a small brewpub in KP, Pune, to a national presence with 11 outlets, including 4 brewpubs, 2 bistros, and 5 E2Go locations…
• Dearie to Expand with 5 New Outlets by 2027, Aims for 60 Pc Revenue Growth
  24 July 2024, indianretailer.com
  Dearie, a renowned restaurant, bar, and brewery with a European ambiance and carefully crafted beers, has announced ambitious expansion plans. By 2027, Dearie aims to open five new outlets across the region, enhancing the craft beer experience for a wider audience…
• Lucky Chan Expands to Brookfield Ecoworld, Bellandur with New Outlet
  24 July 2024, indianretailer.com
  Lucky Chan – Dim Sum and Sushi Parlour, a popular Bengaluru destination known for its innovative Asian cuisine, is expanding to Brookfield Ecoworld, Bellandur with the launch of their fourth outlet in Bangalore…
• Costa Coffee Brews Olympic Spirit with Indian Baristas at Paris 2024
  24 July 2024, indianretailer.com
  Costa Coffee is excited to announce its role as the Official Coffee Partner at the Olympic Games Paris 2024, highlighting a significant achievement in promoting coffee culture and elevating the presence of Indian baristas on a global stage…
• 4700BC & Polar Bear Elevate Desserts with Gourmet Popcorn Treats And More
  24 July 2024, indianretailer.com
  4700BC, India’s premium snacking brand, has partnered with Polar Bear Ice Cream Parlour, renowned for its delightful sundaes and seasonal creations, to launch a spectacular new menu. This collaboration unveiled on National Ice Cream Day, features the exquisite 4700BC Himalayan Salt Caramel Popcorn…
• The Laughing Cow Brings Cheez Dippers to Southeast Asia
  24 July 2024, indianretailer.com
  Leading cheese brand, The Laughing Cow, is set to transform the snacking landscape with the launch of The Laughing Cow Cheez Dippers. This product aims to meet the rising demand for nutritious and convenient snack options in the rapidly growing Southeast Asian snack market, projected to reach $30 billion by 2029…
• Budget 2024: Proposed tax cuts to stimulate FMCG and retail sectors
  24 July 2024, timesofindia.indiatimes.com
  Households may finally have leeway for more discretionary spending. Proposals providing tax relief to the middle class are expected to put more cash in the hands of consumers-and more products in their shopping carts….
• Maharashtra Eases Open Space Requirements For Glass Facade Commercial Buildings
  23 July 2024, rprealtyplus.com
  Accepting real estate advocacy group CREDAI-MCHI’s request that the glass facade provides artificial light and mechanical ventilation, the state govt has decided to relax the quantum of open space requirement for such commercial buildings…
• DLF to Enter New Markets of Goa & Mumbai
  23 July 2024, rprealtyplus.com
  DLF Ltd. has unveiled plans to broaden its housing and commercial property ventures by entering new markets in Mumbai and Goa. This strategic initiative aims to leverage the increasing demand for luxury homes and commercial spaces in these areas, as noted in the company’s annual report…
• Bhutani Group picks up majority stake in WTC Noida in revenue-sharing deal
  23 July 2024, retail.economictimes.indiatimes.com
  Five of these WTCs, located in Noida, Chandigarh, Gurugram, and Gift City are at various stages of construction and will require at least ₹3,000 crore to complete…
• Foodstories by Biyani sisters to open 5 outlets by this fiscal end
  23 July 2024, retail.economictimes.indiatimes.com
  It offers 6,500 SKUs from around 380 brands from 28 countries across the globe…
• Hardik Pandya teams up with FanCode Shop to launch his brand
  23 July 2024, retail.economictimes.indiatimes.com
  Cricketer Hardik Pandya has inked an exclusive licensing pact with FanCode Shop, the online merchandise store of Dream Sports-owned FanCode, to launch his own performance wear range…
• Nothing India’s Manu Sharma joins Dreame Technology as MD for India operations
  23 July 2024, retail.economictimes.indiatimes.com
  Dreame Technology has appointed Manu Sharma as managing director for its India operations. With more than 25 years of experience in the consumer electronics industry, he had previously worked as vice president and general manager at Nothing India and vice president and head of product strategy at Samsung India. Sharma will spearhead strategic initiatives, product strategy, marketing, and team building…
• Swiggy appoints new product head for Instamart among management changes
  23 July 2024, retail.economictimes.indiatimes.com
  Himavant Srikrishna Kurnala has also been made a senior vice president (SVP), was previously the chief product officer for Reliance Retail’s JioMart, and has also worked at Amazon and Microsoft. Among other changes, Mayank Rajvaidya has been appointed vice president (VP) of fruits & vegetables…
• Gem Promotion Council to partner with locals to boost Kashmir sapphires’ market
  23 July 2024, retail.economictimes.indiatimes.com
  Speaking about this first-ever meeting with gem and jewellery trade from Kashmir, Vipul Shah, Chairman, GJEPC said, “We had a very productive discussion with trade members of Kashmir. We are committed to enhancing the prominence of Kashmiri sapphires and empowering local artisans with advanced skills. This initiative aligns with our mission to strengthen the gem and jewellery sector, facilitating growth, international recognition, and boosting exports from the region. We sincerely thank the Kashmiri trade for their engagement and look forward to fruitful collaborations ahead.”..
• Non-alcohol is the only market segment with positive momentum in several markets including India – IWSR
  23 July 2024, retail.economictimes.indiatimes.com
  The non-alcohol market segment is experiencing growth due to an increase in no-alcohol drinkers in key markets like India, China, the UK, and the US. Non-alcoholic beverage categories such as beer, wine, and spirits showed significant volume surges…
• India’s share of electronics exports rose in FY24, driven by Apple, says Economic Survey
  23 July 2024, retail.economictimes.indiatimes.com
  “India’s share in world electronics exports has improved from 0.63% in 2018 to 0.88% in 2022. As such, India’s rose from 28th in 2018 to 24th in 2022 in global electronics exports,” the Economic Survey said…
• ASUS Strengthens Indian Retail Presence with New Pegasus Store Launch in Delhi
  23 July 2024, retail.economictimes.indiatimes.com
  ASUS India, the Taiwanese tech giant, has announced the opening of its latest Pegasus store in Delhi, reinforcing its retail strategy across the nation. Spanning 496 sq. ft., the new store showcases an extensive range of…
• RedTape Unveils New Store at Gurugram
  23 July 2024, indianretailer.com
  RedTape, a footwear and apparel brand, opened its new outlet at Reach3Roads, Gurugram. This store is designed to provide an immersive shopping experience that highlights the brand’s commitment to quality, innovation, and trendsetting designs…
• CUT&STYLE Unveils New Salon in Gurugram
  23 July 2024, indianretailer.com
  CUT&STYLE has launched its newest salon in The Satya Hive, Gurugram. Every detail in the salon has been thoughtfully designed to create a space that marries modern aesthetics with timeless elegance…
• Snitch Opens 14th Store in India, 2nd in Hyderabad
  23 July 2024, indianretailer.com
  Snitch, the men’s fashion brand, has opened its 14th store in India, and second in Hyderabad, at Kukatpally. By opening a store in Kukatpally, Snitch is perfectly positioned to tap into a dynamic market of Southern India, offering the latest trends and unique fashion pieces to a clientele that is always on the lookout for fresh and innovative styles…
• 10 Best Formal Shoe Brands for Men in India 2024
  23 July 2024, indianretailer.com
  Did you know the fact that Oxford shoes are the standard style of shoe to wear with any suit, which are mostly made of leather and sometimes the entire shoe is made of leather including the outers, lining and sole but for more durability at the expense of elegance, many shoes are made with rubber soles…
• Top 10 Luxury Watch Brands in India: How to Make the Right Choice
  23 July 2024, indianretailer.com
  As an Indian retailer, we aim to provide essential information about top luxury watch brands to help retail owners and entrepreneurs stay informed about market trends. The luxury watch industry in India is growing, with consumers increasingly seeking high-quality, prestigious timepieces…
• Mother Dairy Aims for 13 pc Growth with New Product Launches in 2024-25
  23 July 2024, indianretailer.com
  As Mother Dairy enters the 2024-25 fiscal year, it sets its sights on a 13 percent growth, targeting a turnover of Rs17,000 crore. The dairy giant anticipates increased demand for its diverse range of dairy and edible oil products…
• D’Décor Introduces Sansaar- Premium, Eco-Friendly Home Décor in 350 Stores
  23 July 2024, indianretailer.com
  D’Décor, a frontrunner in home décor fabrics, has officially launched its latest brand, Sansaar, marking a significant step in sustainable living. The new product range will be available in 350 stores across 50 cities, including both metro and non-metro areas, aiming to bring mindful home décor solutions to a broader audience…
• Alok Varman Rejoins Pepperfry as Head of Supply Chain
  23 July 2024, indianretailer.com
  Pepperfry, an e-commerce furniture and home decor company, has announced the return of Alok Varman as Head of Supply Chain. Alok will be instrumental in further strengthening Pepperfry’s position as India’s leading furniture and home decor company…
• BIRA 91 Launches 2nd Taproom in Delhi at Pacific Mall, Tagore Garden
  23 July 2024, indianretailer.com
  Following the grand success of five outlets across the country, BIRA 91 has proudly launched its second Taproom in Delhi, located at the bustling Pacific Mall in Tagore Garden, West Delhi…
• abCoffee Opens 50th Outlet; To Add 4 more Outlets Soon
  23 July 2024, indianretailer.com
  abCoffee, the pioneering tech-enabled grab-and-go coffee chain, has reached a significant milestone with the opening of its 50th store within a span of just two years, establishing itself as one of the fastest-growing player in the industry…
• Kombucha Brand Sbooch Launches in India; Join Hands with Suniel Shetty as Partner
  23 July 2024, indianretailer.com
  Can you think of a beverage that’s completely preservative-free, contains no artificial flavours or additives, and still boasts an impressive shelf life? Sbooch, a new-age kombucha brand, has announced its official launch at an event with Suniel Shetty in Mumbai entering the Indian beverage market, aiming to fill this exact gap…
• ASICS Unveils New Collection Designed to Spread Positivity Through Movement
  23 July 2024, indianretailer.com
  ASICS has launched its new Celebration of Sport collection, aimed at spreading positivity and uplifting the global mood through movement. This cross-category capsule collection features running, core performance sports, and SportStyle products, all in a distinct yellow colorway symbolizing optimism and hope. The collection encourages more people to move for both body and mind…
• How Mocemsa Achieved 63 pc Annual Growth with Luxury Fragrances
  23 July 2024, indianretailer.com
  Mocemsa, a name steeped in history and innovation, was born from a vision to redefine the fragrance industry. The name itself is a blend of “Moc,” which represents the Malhotra Oil Co. established in 1916, and “Emsa,” the fragrance unit…
• Oberoi Realty’s Rs. 1,441.95 Cr Consolidated Revenue For Q1FY25
  22 July 2024, rprealtyplus.com
  Oberoi Realty Limited, headquartered in Mumbai, announced its results for the first quarter of FY25. The Company has recorded Consolidated Revenue of Rs. 1,441.95 crore for Q1FY25 as against Rs. 933.56 crore for Q1FY24 and Rs. 1,558.56 crore for Q4FY24…
• Anant Raj Cloud Pvt. Ltd Enters Into Collaboration With Google LLC
  22 July 2024, rprealtyplus.com
  Anant Raj Cloud Pvt. Ltd, a wholly owned subsidiary of New Delhi-based realty developer Anant Raj has entered into an agreement with Google LLC, a global technology leader. Under this collaboration, the company will be responsible for providing data center infrastructure, DC managed services, and cloud platform to various public and private enterprises…
• CapitaLand India Trust acquires Building Q2 at Aurum Q Parc in Navi Mumbai for Rs 6.76 billion
  22 July 2024, realty.economictimes.indiatimes.com
  Additionally, a sum of approximately Rs 0.30 billion (S$ 4.81 million) is expected to be paid as deferred consideration, subject to the achievement of pre-agreed business milestones by Aurum Ventures…
• Land deals drop 57%to 325 acres in Q1 FY25: Anarock
  22 July 2024, realty.economictimes.indiatimes.com
  Real estate consultant Anarock pointed out that the general elections and the heated land prices seem to have dented the appetite for land acquisition for developers and other entities in the second quarter of 2024…
• Pune Property Registrations Increase 60% From Same Time Last Year
  22 July 2024, rprealtyplus.com
  Knight Frank India, in its latest assessment stated that in June 2024 Pune witnessed registration of 14,230 properties, a 60% increase from same time previous year. Stamp duty collections during this period totaled INR 528 crores, reflecting a 90% year-on-year (YoY) rise in June 2024…
• Exclusive | Amazon in deal talks with Swiggy for quick commerce business Instamart: Sources
  22 July 2024, retail.economictimes.indiatimes.com
  Early talks on; US ecommerce biggie looking for a buyout or stake via pre-IPO placement. Discussions may face multiple roadblocks, said sources in the know. Legacy ecommerce players like Amazon and Flipkart scouting for quick commerce assets amid rising consumption on rapid delivery platforms like Zomato’s Blinkit, Zepto and Swiggy’s Instamart…
• Mother Dairy aims Rs 17,000 cr turnover in FY25 on better demand: MD
  22 July 2024, retail.economictimes.indiatimes.com
  Mother Dairy aims for a 13% increase in turnover to Rs 17,000 crore this fiscal year, anticipating strong demand for its dairy and edible oils products. The company, a key milk supplier in Delhi-NCR, also markets ‘Dhara’ branded edible oils nationwide and operates around 400 ‘Safal’ retail outlets in Delhi-NCR for fresh fruits and vegetables…
• V2 Retail aims to increase full-price sales; maintain gross margins
  22 July 2024, retail.economictimes.indiatimes.com
  Akash Agarwal, director of V2 Retail said, “We have increased our full price sales to 88% in last year. The target for this year is 92%. By selling at full price, the ASP increases. However, as we are increasing our volumes simultaneously, the economies of scale kick in. So, the ASP should not be impacted more than 5-10% and we want to maintain that. We are not looking to change our gross margins.”..
• GCPL invests over Rs 1,000 cr on advertising in FY24
  22 July 2024, retail.economictimes.indiatimes.com
  Raymond Consumer Care, which it acquired in April last year from the Singhania family with brands like Park Avenue and KamaSutra, has reduced 550 SKUs to just 100, he said. “On people, we also reduced the number of managers overall by creating larger, richer roles and introducing more modern tools. So, we have actually physically reduced in size despite our growth,” he said…
• Actor Kajal Aggarwal partners with brand licensing company Swag to launch her home and lifestyle brand Kateeka
  22 July 2024, retail.economictimes.indiatimes.com
  Through this brand licensing program, she plans to integrate traditional artistry with modern design sensibilities. She is aiming to offer premium home lifestyle products that resonate with both heritage and modern homeowners…
• Saahil Nayar, Milap Cosmetics’ Chadha brothers launch beauty brand ‘Mila Beaute’
  22 July 2024, retail.economictimes.indiatimes.com
  Ex-Swiss Beauty CEO Saahil Nayar has partnered with Milap Cosmetics’ Sachin and Keshav Chadha to rebrand the company and launch an affordable homegrown makeup brand – Mila Beaute. The trio have invested to set up a 36,000 square feet factory in Manesar which will become operational by the end of October 2024…
• Retailers including Shoppers Stop, Lifestyle and VMart bet on a flurry of wedding days in second half of this fiscal
  22 July 2024, retail.economictimes.indiatimes.com
  “Consumers are back and there are signs of recovery in the July-September quarter. Q3FY25 is expected to be stronger due to the advancement of the festive season and a number of weddings. We are seeing growth at the store level and overall double-digit growth (in July),”Devarajan Iyer, chief executive of department store chain Lifestyle International told ET on Saturday…
• Quick commerce changes the game: Retail Inc joins Q as India shops by the minute
  22 July 2024, retail.economictimes.indiatimes.com
  Indians are buying daily necessities and fast-moving consumer goods more frequently and in larger numbers than a few years ago, with researchers and senior executives attributing this to a growing trend of consumers seeking instant gratification, fuelled by burgeoning quick commerce…
• Navigating the Indian denim wear industry as a global brand
  22 July 2024, retail.economictimes.indiatimes.com
  The seamless integration of denim into contemporary work dynamics, blending professional and casual attire, is particularly noteworthy. Denim’s inherent adaptability and comfort have positioned it as the preferred choice for many navigating the evolving workplace culture. Its evolution from a mere fashion statement to a practical and versatile option mirrors the shifting needs and lifestyles of individuals…
• Future-ready malls: Tech innovations for Indian retail spaces
  22 July 2024, retail.economictimes.indiatimes.com
  At ETRetail ShopFwd Summit 2024, experts from the mall industry discussed the potential of technology in meeting consumer demands and enhancing consumer experiences…
• The new supply of retail spaces: Expansion at the forefront
  22 July 2024, retail.economictimes.indiatimes.com
  The industry experts converged at ETRetail ShopFwd Summit 2024 to discuss what is propelling the growth of retail, and how brands and malls can collaborate together to felicitate this growth further in a compelling panel discussion…
• Reliance Retail registers 10.5 pc EBITDA growth led by increase in footfalls and store expansion
  22 July 2024, retail.economictimes.indiatimes.com
  The company expanded its store network with 331 new store openings taking the total store count to 18,918 with area under operation at 81.3 million sq. ft and recorded footfalls of over 296 million, a growth of 18.9 per cent Y-o-Y…
• Patanjali Foods net profit jumps 3-fold to Rs 262.9crore
  22 July 2024, retail.economictimes.indiatimes.com
  Total income, however, dropped to Rs 7,202.35 crore in the April-June quarter of this fiscal from Rs 7,810.50 crore in the corresponding period of the previous year. In the first quarter of this fiscal, the company’s food and FMCG segment’s revenues remained flat at Rs 1,953.55 crore…
• 78% of Indian consumers plan to buy a watch for themselves next year: Deloitte Report
  22 July 2024, financialexpress.com
  The report highlights that Indian consumers are keen to purchase aspirational products as each year almost 60 per cent of them invest in luxury products including leather goods, eyewear, watches, jewellery, fashion and cosmetics…
• Platform Fee Surge: Why Swiggy and Zomato are charging more and how it affects you
  22 July 2024, retail.economictimes.indiatimes.com
  Swiggy and Zomato have raised their platform fees to Rs 6 per order in Delhi and Bengaluru, marking a 20% increase. This fee hike, which affects all users regardless of membership plans, is anticipated to significantly boost the companies’ revenues. The adjustment has already positively impacted Zomato’s stock price. As these companies seek to balance revenue and cost management, consumers will face higher expenses for food deliveries…
• Domino’s Pizza to open fewer stores in 2024; misses sales estimates
  22 July 2024, retail.economictimes.indiatimes.com
  Domino’s said its target to open more than 925 international outlets for the year would fall short by about 275 after its Australia-based master franchise said earlier this week it was closing low-volume stores in Japan and France…
• ASUS Expands Retail Presence with New Store in Pune
  22 July 2024, indianretailer.com
  As part of its strategy to enhance its retail footprint across India, ASUS India, the Taiwanese tech giant, has announced the opening of an exclusive store in Pune…
• Acer Expands Retail Footprint in India with New Store in Bengaluru
  22 July 2024, indianretailer.com
  Acer, a prominent global technology brand, has announced the grand opening of its new exclusive store at Phoenix Mall of Asia in Bengaluru. This store will provide an immersive environment, showcasing Acer’s latest PCs and Acerpure’s range of consumer appliances and electronics, enhancing its retail presence in India…
• Top 10 Luxury Watch Brands in India: How to Make the Right Choice
  22 July 2024, indianretailer.com
  As an Indian retailer, we aim to provide essential information about top luxury watch brands to help retail owners and entrepreneurs stay informed about market trends…
• How to Start a Clothing Boutique Business? Expert Tips For Success
  22 July 2024, indianretailer.com
  Starting a clothing boutique business in the Indian market space can be profitable. A small space with a specific product line serving a particular clientele is called a boutique…
• Plant-based Foods to Shape the Organic Food Retail Landscape in India
  22 July 2024, indianretailer.com
  Over the past decade, India’s organic food retail landscape has experienced remarkable growth, driven by increasing consumer awareness, health and sustainability concerns, and government support for organic farming practices…
• Personalized Customer Experiences Make It Non-intrusive
  22 July 2024, indianretailer.com
  Marketers and consumers have long recognized the value of personalized experiences. Besides improving customer outcomes, it opens up revenue-generation opportunities for brands…
• Singer India Embarks on a Technological Revolution
  22 July 2024, indianretailer.com
  Singer, the world-renowned brand in the household sewing machine segment, boasts a rich legacy of 170 years in the sewing machine and home appliance industry. In India, Singer has embarked on a new journey that remains anchored in its core business, ethos, values, and principles…
• Top 10 Strongest Beer Brands in India | with Highest ABV%
  22 July 2024, indianretailer.com
  In India, alcohol is preferred in every situation whether you are celebrating or want to end a stressful day. Alcohol which everyone should avoid is driving the Indian market crazy with an estimated value of $ 11.7 billion in 2024…
• Broadway Brings Fresh Approach to Indian Retail Scene
  22 July 2024, indianretailer.com
  Think9, a prominent venture builder, has introduced Broadway, a groundbreaking retail concept aimed at transforming the retail experience in India. Broadway will feature over 100 new-age consumer brands from various sectors, including health and wellness, beauty, personal care, lifestyle, fashion, and food and beverage…
• Shoppers Stop Q1 Results: Reports Net Loss Amid Challenging Conditions
  22 July 2024, indianretailer.com
  Retail chain Shoppers Stop Ltd reported a consolidated net loss of Rs 22.72 crore for the June 2024 quarter, citing subdued consumption due to prolonged heat waves, elections, and inflation as contributing factors…
• HCCB Names Harsh Bhutani as New CFO
  22 July 2024, indianretailer.com
  Hindustan Coca-Cola Beverages (HCCB) has announced the appointment of Harsh Bhutani as its new Chief Financial Officer (CFO). In this crucial role, Bhutani will be responsible for steering HCCB’s financial..
• How BB Matrix is Riding the $62 Billion Supply Chain Software Boom
  22 July 2024, indianretailer.com
  Innovation is not just a necessity — it’s the cornerstone of success. Enter BB Matrix, the all-in-one SaaS-based supply chain platform developed by BigBasket, a TATA Enterprise. Launched amidst a burgeoning global demand..
• Laura Ashley Partners with Bradford License India to Bring British Elegance to India
  22 July 2024, retail.economictimes.indiatimes.com
  Laura Ashley, a British lifestyle brand renowned for its timeless elegance and quintessentially English charm, is set to captivate the Indian market. Known for its iconic floral prints, classic designs, and quality craftsmanship, the brand aims to establish partnerships through licensing across various product categories in India…
• A Comprehensive Guide to Top 5 Jewellery Brands in India
  22 July 2024, indianretailer.com
  India’s jewellery market is huge, worth $78.50 billion in FY21, and makes up about 7% of the country’s GDP. With a love for gold and diamonds deeply rooted in its culture, the market is set to grow even more, especially during festivals and weddings…
• Radico Khaitan Introduces Award-Winning Sangam World Malt Whisky to India
  22 July 2024, indianretailer.com
  Radico Khaitan Limited, one of India’s largest IMFL companies, is set to make waves in the retail and India markets with the introduction of Sangam World Malt Whisky…
• EssilorLuxottica Acquires Supreme for $1.5 Bn
  22 July 2024, indianretailer.com
  EssilorLuxottica, the global eyewear giant, has agreed to acquire US streetwear brand Supreme for $1.5 billion. This strategic move marks the company’s first major expansion beyond eyewear and lenses, aiming to enhance its retail presence in India and globally…
• Plant-based Foods to Shape the Organic Food Retail Landscape in India
  22 July 2024, indianretailer.com
  Over the past decade, India’s organic food retail landscape has experienced remarkable growth, driven by increasing consumer awareness, health and sustainability concerns, and government support for organic farming practices…
• boAt Expands Smart Ring Portfolio with Smart Ring Active
  22 July 2024, indianretailer.com
  boAt, India’s leading, and the world’s second-largest wearables brand, has launched its new health and fitness tracker, the ‘boAt Smart Ring Active’. This innovative product is priced to make advanced health tracking…
• India’s Retail Digital Payments Set to Soar to $7 Trillion by 2030
  22 July 2024, indianretailer.com
  The digital payment landscape in India is set for exponential growth, with retail digital payments expected to double to $7 trillion by 2030 from current levels…
• Tier II Cities Residential Property Launch Prices Surge Up To 94%
  19 July 2024, rprealtyplus.com
  Residential property launches prices across India’s top 10 Tier II cities have witnessed a rise up to 94% in new launch projects in the last five fiscal years ending 2023-24 due to growing consumer confidence, a buoyant job market and robust infrastructure development, according to data analytics firm PropEquity…
• ASK Property Fund Invests Rs 190 Cr In Kalpataru Project
  19 July 2024, rprealtyplus.com
  ASK Property Fund, the real estate private equity arm of Blackstone backed ASK Asset & Wealth Management Group, has announced the successful investment of Rs 190 crore in a project being developed by Kalpataru…
• Alphacorp to invest Rs 350 crore to develop housing project in Gurugram
  19 July 2024, realty.economictimes.indiatimes.com
  On one parcel of 2.38 acre, the company has launched luxury high-rise project ‘Alphacorp SKY1’ comprising 100 units. The price is Rs 5 crore per unit. The project on the second plot will also be launched in the next 2-3 months..
• Former Maharashtra Chief Secretary Manoj Saunik New MahaRERA Chairman
  19 July 2024, rprealtyplus.com
  Former Maharashtra chief secretary Manoj Saunik has been appointed as the chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA)..
• Shoppers Stop posts Q1 net loss at Rs 22.72 crore
  19 July 2024, retail.economictimes.indiatimes.com
  “The industry witnessed subdued consumption due to prolonged heat waves, elections, fewer weddings and inflation… This has impacted our profits, however, we have a strong recovery plan,” Shoppers Stop Managing Director and CEO Kavindra Mishra said…
• ONDC corners 3% order volumes of Swiggy, Zomato: sources
  19 July 2024, retail.economictimes.indiatimes.com
  As per sources, ONDC facilitates 60,000 orders per day in the food domain, capturing 3% of the total order volumes managed by Swiggy and Zomato across India individually who receive 20 lakh orders each. Its total order volumes touched around 4 lakh orders in a day which includes mobility bookings as well…
• Peyush Bansal, other founders infuse Rs 160 cr in Lenskart
  19 July 2024, retail.economictimes.indiatimes.com
  Peyush and Neha Bansal led the round with Rs 70.70 crore and 70.39 crore investment followed by Rs 9.60 crore from Chaudhary and Rs 9.35 crore from Kapahi…
• Xiaomi takes back smartphone crown from Samsung in India
  19 July 2024, retail.economictimes.indiatimes.com
  Xiaomi reclaimed the top spot in India’s smartphone market in June, with Samsung in third behind Vivo. Canalys reports Xiaomi at 18% share with 24% growth; Vivo also at 18%; Samsung down 8%. Realme and Oppo followed. Market shipments increased 1% to 36.4 million units. Xiaomi faces an ED probe; vendors launch devices. Management exits, offline expansion, and financing continue…
• Bigbasket launches supply chain platform BB Matrix
  19 July 2024, retail.economictimes.indiatimes.com
  Highlighting the platform’s wide-ranging applicability and scalability Rakshit Daga, CPTO and head of SaaS business at Bigbasket said, “To cater to the pressing demand for agile, robust, and cost-efficient supply chains, we have made BB Matrix available to enterprises across different sectors that go beyond retail and e-commerce, like manufacturing, automobiles, aviation, consumer goods and more.”…
• ShopFwd Summit 2024: The evolving potential of the ethnic wear category in India
  19 July 2024, retail.economictimes.indiatimes.com
  The category, which once used to be dominated by unorganised players, has seen a lot of organised players entering the arena and even paving the way for more players to enter and up the ante…
• Retail sales in June 2024 show 5% growth compared to last year
  19 July 2024, retail.economictimes.indiatimes.com
  Retail businesses across regions have indicated growth in sales compared to June 2023, with South India showing the highest increase at 7%, followed by North and East India at 5% each, and West India at 4%…
• Radico Khaitan launches Sangam World Malt Whisky in India
  19 July 2024, thehindubusinessline.com
  Radico Khaitan, one of India’s largest Indian-made foreign liquor (IMFL) companies, announced the launch of its Sangam World Malt Whisky in the Indian market a year after it was launched in international markets…
• Unlocking foot traffic: Retailer-centric approaches to boosting shopping visits
  19 July 2024, retail.economictimes.indiatimes.com
  In retail, a lot of research papers have been published highlighting how to manage consumers who have come into the stores. However, this panel delved deeper into how to improve footfall…
• Bajaj Electricals’ MD and CEO Anuj Poddar steps down
  19 July 2024, retail.economictimes.indiatimes.com
  Anuj Poddar, MD & CEO of Bajaj Electricals, resigns effective September 2024, achieving net-debt-free status and brand growth. During the transition period, his responsibilities will be taken over by Shekhar Bajaj, the chairman of the company. Under Poddar, Bajaj signed a Morphy Richards deal and focused on R&D…
• Godrej Consumer aims to cut global manufacturing footprint
  19 July 2024, retail.economictimes.indiatimes.com
  GCPL said its strategic focus on achieving double-digit volume growth in key markets like India and Indonesia is pivotal to driving its aspirations for sustainable growth. Despite challenges such as lower consumption levels in India, it achieved an organic underlying volume growth of approximately 7%, aligning with its target of high single-digit growth in this fiscal year. It also reduced the number of managers overall through creating larger, richer roles, and introducing more modern tools, it said…
• Swiss watchmakers eye opportunities as Indian luxury market soars: Deloitte Report
  19 July 2024, retail.economictimes.indiatimes.com
  India’s luxury watch market, driven by TEPA and Swiss-India Free Trade Agreement, is set to hit $30 billion by 2030. Social media and rising incomes, along with CHF 218.8 million in Swiss exports, boost popularity. Watches are top gift items; brand consciousness and e-commerce drive online shopping, echoing survey results and growth…
• Adidas hikes 2024 earnings guidance after second-quarter beat
  19 July 2024, retail.economictimes.indiatimes.com
  Chief Executive Bjorn Gulden, in the job since the start of 2023, has been driving a turnaround at the company bruised by its break-up with rapper Ye, formerly known as Kanye West, which left Adidas with unsold Yeezy shoes worth 1.2 billion euros. The profit upgrade comes after Adidas said its second-quarter sales rose 9% from a year earlier to 5.82 billion euros…
• Skechers sues LL Bean for copying shoe design
  19 July 2024, retail.economictimes.indiatimes.com
  LL Bean has been sued by footwear maker Skechers USA, which accused the clothing and outdoor gear company of illegally copying its shoes, which have sold in the millions. According to a complaint filed late Monday in Manhattan federal court, the world’s third-largest footwear company believes LL Bean’s Freeport casual shoes infringe two patented designs for “heel cups” that surround the back of the foot…
• Raymond’s consumer care sales declined under its new owner Godrej Consumer Products
  19 July 2024, retail.economictimes.indiatimes.com
  Godrej Consumer Products (GCPL) announced an 18% decline in sales for Raymond’s consumer care business, which it acquired last year for Rs2,825 crore. Despite challenges in the market, GCPL remains focused on achieving sustainable growth through strategic initiatives such as reducing SKUs and enhancing manufacturing capabilities…
• NKolte-Patil Marks Resilient Performance In Q1 Fy25
  17 July 2024, rprealtyplus.com
  Kolte-Patil Developers Limited a leading Pune based real estate player with growing presence in Mumbai and Bengaluru, has announced key updates on its real estate operations during the quarter ended 30th June 2024…
• Adani, Wilmar are said to weigh selling $670 million stake in JV
  17 July 2024, retail.economictimes.indiatimes.com
  The owners are exploring selling equal stakes that may total 13% in Mumbai-listed Adani Wilmar, said the people, asking not to be identified as the information is confidential. A sale that size would be valued at roughly $670 million as of Tuesday, and could take place as early as the coming months, the people said…
• MTR Foods owner Orkla India explores IPO, eyes 2025 decision
  17 July 2024, retail.economictimes.indiatimes.com
  “We initiated a process to consider structural opportunities for Orkla India, including conducting an IPO readiness study. The results of the study are encouraging. And we will now proceed with an evaluation of accessing the capital markets in India. Any conclusion should not be expected until sometime 2025,” Nils Selte, president and CEO at Orkla, told investors. “There are a lot of things to do before we are good to go.”…
• Services business a hard sell for FMCG companies focused on products
  17 July 2024, retail.economictimes.indiatimes.com
  There are several instances of FMCG companies entering service business that didn’t work for them on expected lines. In 2009, Jyothy Labs launched a laundry business through a chain called Fabricspa, with an investment of Rs 40 crore. Over the years, the business grew at a slower pace compared to the rest of the business. It contributed 2% of the total revenue of Jyothy Labs in FY24…
• Tata-owned Infiniti Retail reports Rs 15.89 crore profit in FY24
  17 July 2024, retail.economictimes.indiatimes.com
  Tata group’s Infiniti Retail, which operates Croma stores and sells electronics and smartphones on Tata Neu and Croma’s shopping portals, reported a 25% drop in online sales last fiscal year. The company adjusted its strategy to avoid unprofitable discounting, often used to compete with Amazon and Flipkart…
• HCCB appoints Harsh Bhutani as CFO
  17 July 2024, retail.economictimes.indiatimes.com
  “I am pleased to welcome Mr. Harsh Bhutani as CFO. With his deep financial and business experience, strategic acumen, inspirational leadership, and proven track record of driving strong financial results, his presence will strengthen HCCB’s financial health, steer strategic decision-making, and further bolster stakeholder confidence,” said Juan Pablo Rodriguez, CEO, HCCB…
• Panel Discussion on ThreadTalks India’s Ethnic Fashion and Lifestyle Brands in the Spotlight
  17 July 2024, retail.economictimes.indiatimes.com
  Don’t miss our captivating Panel Discussion on ‘ThreadTalks: India’s Ethnic Fashion and Lifestyle Brands in the Spotlight.’ Discover the trends and innovations driving the industry…
• Navigating Aspirational Wave Insights into India’s Growing Affluence & the Demand for Premiumisation
  17 July 2024, retail.economictimes.indiatimes.com
  Join us for an enlightening fireside chat on ‘Navigating the Aspirational Wave: Insights into India’s Growing Affluence & the Demand for Premiumisation.’ Uncover the trends shaping the future of premium retail…
• Panel Discussion on The New Supply of Retail Space Expansion at the Forefront
  17 July 2024, retail.economictimes.indiatimes.com
  Join us for an insightful Panel Discussion on ‘The New Supply of Retail Space: Expansion at the Forefront.’ Discover how industry leaders are navigating and shaping the future of retail spaces…
• Bata India aims expansion, to prioritise ‘top 6 brands’
  17 July 2024, retail.economictimes.indiatimes.com
  The company’s retail network now spans over 1,850 stores, including over 500 franchise stores, 650 plus sneaker studios, and over 125 Hush Puppies stores. Its distribution network has also expanded to over 1,500 towns, and with technology in-store availability increasing to 72 per cent, the company said…
• Acer Expands Retail Footprint in India with New Store in Bengaluru
  17 July 2024, indianretailer.com
  Acer, a prominent global technology brand, has announced the grand opening of its new exclusive store at Phoenix Mall of Asia in Bengaluru. This store will provide an immersive environment, showcasing Acer’s latest PCs and Acerpure’s range of consumer appliances and electronics, enhancing its retail presence in India…
• Top 10 Scotch Whisky Brands in India 2024 | Alcohol%
  17 July 2024, indianretailer.com
  A scotch can be called a whisky but a whisky cannot be called a scotch. Want to know more about scotch whisky? Did you know that all the scotch whisky must be made in Scotland by law? Here are the top 10 scotch whisky brands in India…
• Dell Unveils AI-Powered XPS 13 and Inspiron 14 Plus Laptops
  17 July 2024, indianretailer.com
  Dell Technologies has introduced its latest Copilot+ AI PCs in India, unveiling the new XPS 13 and Inspiron 14 Plus models. These laptops mark a significant advancement in AI capabilities, powered by Qualcomm Snapdragon processors…
• Pee Safe Strengthens Retail Presence with New VP-Sales Appointment
  17 July 2024, indianretailer.com
  Pee Safe, a leading hygiene brand in India, has appointed Arijit Sen as its new Vice President-Sales to bolster distribution and enhance its retail strategy. Arijit Sen joins Pee Safe with extensive industry experience,…
• Noble Group to Invest Rs 350 Cr in Ghiloth Manufacturing Unit
  17 July 2024, indianretailer.com
  Noble Group, a prominent player in consumer electronics and appliances, is set to invest Rs 350 crore in a new manufacturing facility in Ghiloth. This substantial investment aims to enhance the company’s production capabilities specifically for air coolers and washing machines…
• Shalimar Paints Launches Waterproofing Solutions for Indian Homes
  17 July 2024, indianretailer.com
  Shalimar Paints Ltd, a prominent player in the Indian retail paints market with over 120 years of history, has introduced two new products: Zero Damp Advance and Zero Damp Smart…
• Mango Rakes in Record 1.543 Billion Euro Revenue in First Half of the Year – Up 6.3 pc!
  17 July 2024, indianretailer.com
  In a spectacular display of business acumen, Mango has set a new benchmark with the highest revenue in its 40-year history, raking in over 1.543 billion euros in the first six months of the year. This marks a 6.3 percent increase…
• India’s Social Commerce Market Projected to Reach $25.69 Bn by 2029
  17 July 2024, indianretailer.com
  The social commerce market in India is on the cusp of a significant transformation, poised to experience remarkable growth over the next few years. According to a recent report from ResearchAndMarkets, the industry is expected to grow by 34.1 percent annually, reaching a valuation of $7.20 billion in 2024…
• How Minimalist Achieved Rs 178 Cr GMV with D2C Strategy
  17 July 2024, indianretailer.com
  Minimalist, a rapidly growing direct-to-consumer (D2C) skincare brand, has carved a niche in the beauty and cosmetic industry with its ethos of transparency and clinically proven formulations…
• Frendy Bags Rs 2 Cr Credit to Fuel Expansion in Tier III and Beyond
  17 July 2024, indianretailer.com
  Frendy, a tech-driven grocery chain catering to the daily needs of small towns and villages in India, has raised Rs 2 crore in working capital credit from UC Inclusive Credit (UCIC), an NBFC arm of Unitus Capital. The funds will be utilized to support the central inventory needs for Frendy Marts and Micro Kiranas in Tier III+ towns across Gujarat…
• Ashwin Sheth Multi-Channel Campaign Across India & New York For New Logo
  16 July 2024, rprealtyplus.com
  In celebration of 38 years of heritage, Ashwin Sheth launched the ‘Spot the Orange Dot’ campaign in Mumbai, conceptualized and strategized by one of the leading creative hotshops. Renowned in the luxury real estate sector in India, Ashwin Sheth unveiled its new logo both domestically and at the iconic Times Square in New York…
• HUL to sell water purification business Pureit to AO Smith India
  16 July 2024, retail.economictimes.indiatimes.com
  “We believe the addition of Pureit will strengthen our leadership position as a global supplier of premium water treatment products and double our market penetration in South Asia”, AO Smith Chairman and CEO Kevin J Wheeler said…
• States may allow home delivery of liquor through quick commerce platforms like Swiggy, BigBasket, and Zomato
  16 July 2024, retail.economictimes.indiatimes.com
  Deliveries were allowed temporarily during the Covid-19 lockdowns in Maharashtra, Jharkhand, Chhattisgarh and Assam with restrictions. However, now legitimate deliveries of alcobev are not allowed in these states, even though a few local online platforms continue to deliver, especially in Maharashtra…
• Baggit to re-enter international markets through strategic partnerships, marketplaces
  16 July 2024, retail.economictimes.indiatimes.com
  The brand, which currently boasts of 101 stores across India, plans to open 60 more by this fiscal end. Going ahead, it plans to focus more on tier II and beyond cities…
• Deepinder Goyal becomes India’s newest billionaire after Zomato’s multibagger rally
  16 July 2024, retail.economictimes.indiatimes.com
  Zomato co-founder and CEO Deepinder Goyal owns about 36.95 crore shares in Zomato. The new-age stock zoomed over 4% in Monday’s session, on the back of an increase in platform fee, to a fresh all-time high of Rs 232…
• Wonderchef to invest $10 million in global expansion; targets Rs 1,000 crore brand sales by 2026
  16 July 2024, retail.economictimes.indiatimes.com
  Wonderchef has witnessed a 25 per cent year-on-year (YoY) growth rate in the last fiscal year of 2024, with brand sales reaching Rs 700 crore. It aims to cross the Rs 1000 crore mark in brand sales in 2026 as it plans portfolio expansion in addition to its kitchen robot Chef Magic. It also aims to open 50 exclusive brand outlets (EBOs) across India within the next two years…
• Wakefit wants to become a sleep-tech company; bets on AI-powered solutions
  16 July 2024, retail.economictimes.indiatimes.com
  In conversation with ETRetail, Chaitanya Ramalingegowda, Director and co-founder, Wakefit emphasized the importance of innovation and technology. “The world is moving towards AI and technology, and we wanted to see if we as early adopters, can use these technologies for true improvement,” he said…
• Fireside Chat on Beauty, Brains, and Business Manushi Chhillar’s Journey from Miss World to Retail
  16 July 2024, retail.economictimes.indiatimes.com
  Join us for a Fireside Chat on ‘Beauty, Brains, and Business’ with Manushi Chhillar. Discover her inspiring journey from Miss World to retail entrepreneur!..
• Special Address on Cultivating Commerce MMRDA’s Vision for Retail Real Estate Growth in the Mumbai
  16 July 2024, retail.economictimes.indiatimes.com
  Join us for a Special Address on ‘Cultivating Commerce: MMRDA’s Vision for Retail Real Estate Growth in Mumbai.’ Discover the future of retail real estate in the city! …
• Bata India crosses milestone of 500 franchise outlets for first time
  16 July 2024, thehindubusinessline.com
  The footwear retailer has presence in over 1,860 retail stores pan-India, including franchisees Footwear major Bata India, which has been witnessing increasing interest for opening of its franchise stores, has crossed the milestone of 500 franchise outlets for the first time…
• Being an entrepreneur teaches you patience: Nupur Sanon, actress and founder, Label NoBo
  16 July 2024, retail.economictimes.indiatimes.com
  Label NoBo stands for no boundaries. The first thing that the actress thought of when she started building a brand was to have strong brand name, brand concept, and brand story…
• Premiumisation in India’s consumption continues unabated in first half of 2024
  16 July 2024, retail.economictimes.indiatimes.com
  In 2024, premium consumption sees growth despite slower car and smartphone sales. SUVs and Rs 10 lakh vehicle sales rose 13%, with Maruti Suzuki up 20%. SUVs formed 63% of sales (Society of Indian Automobile Manufacturers). Premium smartphones (Rs 30,000+) and large TVs (50-inch plus) grew, driven by Xiaomi, Motorola, and Google (Counterpoint Research). Amazon India’s 5G sales hit 81%, driven by no-cost EMIs. Premium FMCG categories, driven by younger consumers, also grew, with washing liquids seeing a 50% volume rise…
• New Retail Liquor Store Opens at Delhi Airport’s Terminal-3
  16 July 2024, indianretailer.com
  The Delhi government’s excise department has granted a licence to the Delhi Consumer’s Cooperative Wholesale Store Ltd to open a retail liquor store in the arrival area of Terminal-3 at Indira Gandhi International (IGI) Airport…
• DECATHLON Unveils DECATHLON PULSE to Spearhead Long-Term Growth in Retail Sports Sector
  16 July 2024, indianretailer.com
  DECATHLON has unveiled DECATHLON PULSE, a wholly-owned subsidiary aimed at catalyzing new avenues for sustained growth. This strategic move underscores DECATHLON’s commitment to expanding its footprint and enhancing its impact on society through innovative sports and wellness solutions…
• Fixderma Expands Offline Presence with New Store in Gurugram
  16 July 2024, indianretailer.com
  Fixderma, a well-known dermaceutical brand in India, has announced the opening of its first exclusive store in Galleria Market, Gurugram. This expansion into physical retail aims to enhance the brand’s connection with consumers while providing a comprehensive range of skincare solutions…
• Mango Rakes in Record 1.543 Billion Euro Revenue in First Half of the Year – Up 6.3 pc!
  16 July 2024, indianretailer.com
  In a spectacular display of business acumen, Mango has set a new benchmark with the highest revenue in its 40-year history, raking in over 1.543 billion euros in the first six months of the year. This marks a 6.3 percent increase..
• A.O. Smith Acquires Pureit from Unilever, Expands Reach in Indian Retail Market
  16 July 2024, indianretailer.com
  Global water technology company A.O. Smith Corporation has announced the acquisition of Pureit from Unilever. Pureit, known for its range of residential water purification solutions, primarily operates in India…
• Xiaomi India Sees 77 Pc Profit Decline to Rs 239 Cr, Revenue Falls to Rs 26,697 Cr in FY23
  16 July 2024, indianretailer.com
  Chinese smart device manufacturer Xiaomi Technology has reported a substantial 77 percent year-on-year decline in its profit within the Indian market, plunging to Rs 238.63 crore for the fiscal year 2022-23, according to disclosures made in a regulatory filing…
• Titan Celestor Elevates Fitness Wearables
  16 July 2024, indianretailer.com
  Titan Smart Wearables is set to transform the retail landscape in India with the launch of its new Titan Celestor smartwatch. Aimed at fitness enthusiasts, the Celestor combines advanced technology with Titan’s legacy of excellence, offering precision and style for those seeking to enhance their fitness journey…
• D-Mart Q1 Profit Up 17.5 Pc to Rs 774 Cr; Sales Soar 18.5 Pc to Rs 14,069.14 Cr
  16 July 2024, indianretailer.com
  Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, reported a significant 17.45 percent increase in consolidated net profit, reaching Rs 773.68 crore for the June quarter. This growth was largely driven by improvements in sales from general merchandise and apparel segments…
• Macrotech Developers reports 20% growth in sales bookings in Q1 FY25
  15 July 2024, realty.economictimes.indiatimes.com
  As per its latest operational update posted on stock exchanges, the collection from customers rose 12 per cent to Rs 2,690 crore in April-June FY25 from Rs 2,400 crore in the corresponding period of the previous year…
• Institutional investors infuse $637.9 million in Indian real estate in Q1 FY25
  15 July 2024, realty.economictimes.indiatimes.com
  As per the data, institutional investments in the Indian real estate rose 96 per cent in April-June to USD 3.1 billion from USD 1.6 billion in the corresponding period of the previous year…
• At zero dark 100, Flipkart to fire up quick commerce in festive season
  15 July 2024, retail.economictimes.indiatimes.com
  Flipkart is set to open 100 dark stores before the Big Billion Days sale, entering the quick commerce arena. Competition with Zepto, Blinkit, and Swiggy Instamart intensifies during the festive season. Quick commerce growth expected to drive demand with focus on fast deliveries and expanded product offerings…
• DMart’s net profit rises 17.5% to Rs 774 crore in Q1 FY25; apparel and general merchandise shows growth
  15 July 2024, retail.economictimes.indiatimes.com
  Neville Noronha, CEO and Managing Director, DMart said, “Our revenue for Q1 FY 2025 grew by 18.4 per cent. The contribution from general merchandise and apparel continued to improve during the quarter and this is reflected in the gross margin uptick in Q1 FY25 as compared to Q1 FY24.” During the quarter, DMart has opened 6 new stores and the total count stands at 371 as of June 30, 2024…
• Expects consumption uptick in FY25; power brands to drive growth: Dabur Chairman
  15 July 2024, retail.economictimes.indiatimes.com
  “There has also been the emergence of Quick Commerce as a robust channel, which has seen exponential growth. We foresee Q-Commerce to become more significant going forward and are putting in place strategies to capture the opportunities thrown up by this channel,” said Dabur India CEO Mohit Malhotra…
• 1 in every 3 food joints will be QSR by 2028: Report
  15 July 2024, retail.economictimes.indiatimes.com
  The overall QSR market is expected to witness a CAGR of 19% reaching a market size of USD 15.1 billion in 2028, the report said…
• Salad Days adding more cloud kitchens; aims to double its revenue in FY25
  15 July 2024, retail.economictimes.indiatimes.com
  For FY25, Salad Days has planned to penetrate the existing three cities by opening new kitchens and increasing customer retention while experimenting with new sales channels and business lines. It reported a revenue of Rs 35 crore in the previous fiscal that ended March 2024, more than doubling its revenue of Rs 15.8 crore in FY23. This fiscal, it is targeting to double its FY24 revenue and grow 100 per cent…
• After world domination, a smooth shift: Long single, rare malt finds love back home
  15 July 2024, retail.economictimes.indiatimes.com
  Indian single malts like The Godawan 100 and Rampur Signature Reserve are gaining popularity domestically and internationally among affluent buyers…
• Hyderabad emerges as luxury market to watch with surge in rich list
  15 July 2024, retail.economictimes.indiatimes.com
  Hyderabad, now a luxury hub, has 87 names on the 2023 Hurun Rich list, attracting brands like Sabyasachi Mukherjee and Rahul Mishra. Radisson Collection and Hansgrohe India expand here. Q1 2024 saw a 28% upscale growth. Fashion sales rise, notes Malvika Poddar. Banjara Hills welcomes VRK by Khanna Jewellers. Anas Rahman Junaid and Nikhil Sharma highlight the market’s potential…
• FMCG billionaire brand club swells in FY24
  15 July 2024, financialexpress.com
  More brands from organised players in the domestic fast-moving consumer goods (FMCG) space are joining the billionaire club each year, as the shift towards consumption of branded products gains traction…
• Indian AC industry likely to double in next 4 years: Blue Star
  15 July 2024, retail.economictimes.indiatimes.com
  Blue Star forecasts a significant growth in the air-conditioning industry in the next four years, driven by factors such as low penetration of room ACs and increasing middle-class consumers with high disposable incomes. The company’s strategic plans aim to capitalize on emerging opportunities…
• Nothing Before Coffee Hits 64 Stores Milestone, Targets 100 Cr Revenue by 2025
  15 July 2024, indianretailer.com
  India’s fastest-growing coffee chain, Nothing Before Coffee (NBC), has announced the opening of its 64th store in Pune. NBC now boasts 64 outlets nationwide, having added over 17 new locations in the second quarter alone, providing high-quality, flavorful brewed coffee and beverages at affordable prices to a broader audience…
• How to Start a Shoe Business in 14 Steps: A Hands-On Guide
  15 July 2024, indianretailer.com
  Everyone has shoes in their wardrobe, and people like buying good shoes. Therefore starting a shoe business can be an exciting and rewarding venture, but there is always a right strategy to kick start, the perfect push, isn’t it?…
• Jimmy’s Cocktails Profitable in FY’24, Expands into Energy Drinks
  15 July 2024, indianretailer.com
  Jimmy’s Cocktails, a prominent name in the cocktails and mixers category in India, achieved profitability in FY’24. As part of its strategy to build a premium beverage portfolio, the company is now focusing on the fast-growing energy drinks segment with its brand Hustle…
• Chef Kartik to Lead Azure Hospitality’s Culinary Operations
  15 July 2024, indianretailer.com
  Azure Hospitality has appointed Chef Kartik as the new Regional Chef. With a wealth of experience and a distinguished career, Chef Kartik is expected to enhance the culinary offerings across Azure Hospitality’s various establishments…
• “Young Crowd, Single Living & Socio-cultural Acceptance to Fuel Growth in Alcohol Segment”
  15 July 2024, indianretailer.com
  World of Brands is a disruptive technology-first company with solutions in consumer-tech and fin-tech, which also owns, partners, and acquires relevant alcobev brands, across trending consumer taste segments…
• Clovia x Garfield Join Forces to Launch New Latest Sleepwear Collection
  15 July 2024, indianretailer.com
  Clovia has announced the launch of its fresh collection on its Facebook platform, introducing a delightful range of nightwear featuring the beloved Garfield character…
• New DIY Water Purifiers by Acer Simplify Filter Changes for Indian Consumers
  15 July 2024, indianretailer.com
  After successfully introducing Acerpure India, Acer has now entered India’s water purifier market with the launch of the Acerpure Amrit series. This new lineup features three models – Acerpure Amrit RO, Amrit Elite – RO+UV, and Amrit Supreme – RO + UV + Alkaline – each tailored to meet diverse consumer needs and showcasing…
• Consortium Gifts X Shantnu-Nikhil Unveils Premium Corporate Gifts
  15 July 2024, indianretailer.com
  Consortium Gifts, a prominent corporate gifting company in Asia has introduced an exclusive premium range of corporate gifts designed by the illustrious Shantnu-Nikhil…
• Lakmē X Nykaa Collaborate to Launch Two New Products in Skin Stylist Range
  15 July 2024, indianretailer.com
  House of Lakmē, India’s pioneering skincare and makeup brand, in partnership with Nykaa, India’s leading beauty and lifestyle destination, has launched two exciting new additions to their Skin Stylist collection: the Lakmē Lumi Lit Shimmer Lotion and the Lakmē CC Tinted Serum…
• Why Food and Groceries Sector Emerging as the New Focus in Retail Investment
  15 July 2024, indianretailer.com
  The clink of a full pocket after salary day may have got you thinking about how much you have to spend on groceries and food. Are all those food delivery app orders stacking up? You’re not alone. As incomes rise, spending…
• Purvankara Added 3.25 Million Sq ft Land Bank This Quarter
  13 July 2024, rprealtyplus.com
  In its latest business updates Purvankara Limited revealed it has added land bank 3.25 msft in this quarter. Acquisition of a 12.77-acre land parcel at Ghodbunder Road in Thane, MMR with a total potential carpet..
• Sunteck Realty’s sales bookings up by 29.7% in Q1 FY25
  13 July 2024, realty.economictimes.indiatimes.com
  “We had pre-sales of ~Rs 502 crores in Q1 FY25, up 29.7% on year-on-year basis,” Sunteck Realty said in a regulatory filing…
• Brookfield Announces Equity Investment In Leap Green Energy
  13 July 2024, rprealtyplus.com
  Brookfield announced an equity investment in Leap Green Energy (“Leap Green” or “Company”), a renewables platform based in Tamil Nadu and focused on providing clean energy solutions to commercial and industrial (“C&I”) customers…
• India’s retail inflation accelerates to 5.1% in June as food inflation nearly doubles YoY
  13 July 2024, retail.economictimes.indiatimes.com
  In June, India’s retail inflation rose to 5.08% annually from a 12-month low of 4.75% in the previous month, according to government data. Factors contributing to the increase include heatwaves, below-normal monsoon rains, and higher prices for fruits and vegetables. Food inflation specifically rose to 9.55% in June, with items like tomatoes, onions, and potatoes experiencing significant price hikes due to weather-related disruptions in agricultural production…
• Oppo expects to maintain double-digit growth in Reno series sales
  13 July 2024, retail.economictimes.indiatimes.com
  While speaking on the sidelines of Reno 12 series smartphones, Oppo head of product strategy Peter Dohyung Lee said the company is working to make AI features available in entry-level smartphones…
• Zepto promotes Devendra Meel to chief business officer
  13 July 2024, retail.economictimes.indiatimes.com
  Zepto has announced the elevation of Devendra Meel to the chief business officer, effective July 2024. Meel will spearhead category management and foster brand partnerships, ensuring optimal assortment, pricing, availability, and growth of all core categories on the platform…
• Retail space demand rises by 15% in shopping malls in Q1 FY25: Report
  13 July 2024, retail.economictimes.indiatimes.com
  As per the data, the leasing activities in shopping malls rose to 6,12,396 square feet during April-June 2024 from 5,33,078 square feet in the year-ago period…
• Panel Discussion: Retail’s New Playbook Navigating Uncertainty in a Volatile Global Market
  13 July 2024, retail.economictimes.indiatimes.com
  Unlock the secrets to thriving in a volatile global market at our Panel Discussion: ‘Retail’s New Playbook – Navigating Uncertainty.’ Don’t miss the insights!..
• Panel Discussion on Glocal Vogue Highlighting Global Trends Reshaping How India Shops
  13 July 2024, retail.economictimes.indiatimes.com
  Join our Panel Discussion on Glocal Vogue: Highlighting Global Trends Reshaping How India Shops. Discover the latest insights and innovations…
• Shoppers Stop’s Intune enters Delhi NCR market through Elan Miracle Mall
  13 July 2024, retail.economictimes.indiatimes.com
  Intune currently is competing with the likes of similar value formats such as Trent’s Zudio and Landmark’s Max Fashion. ​​Earlier, Shoppers Stop shared that it is planning to open 60 Intune stores in this fiscal year 2025 backed by strategic investments in merchandising, store operations, and customer analytics capabilities.​..
• Uniqlo operator lifts annual net profit forecast
  13 July 2024, retail.economictimes.indiatimes.com
  The operator of Japan’s high-street fashion giant Uniqlo on Thursday hiked its full-year net profit forecast, predicting record results despite an underwhelming performance in China. Retail behemoth Fast Retailing said it was on course to make 365 billion yen (USD 2.26 billion) in the year to August, upgrading its previous estimate of 320 billion yen…
• PepsiCo global chief Ramon Laguarta sees ‘massive opportunity’ in India
  13 July 2024, retail.economictimes.indiatimes.com
  “The opportunity is massive. We are investing in the brands, making sure that we build the scale to capture what is going to be a high demand market for many, many years,” PepsiCo chairman Ramon Laguarta said…
• DMart Q1 Preview: Increasing footfalls, store count to drive 21% jump in profit
  13 July 2024, moneycontrol.com
  Rakesh Damani-led Avenue Supermarts (DMart) is set to present its earnings report for the first fiscal quarter of FY25 on July 13. High productivity and additions in footprints are likely to drive the retail major’s sales in the high-teens…
• Panel Discussion on Power of Personalization Enhancing Customer Experiences in Retail Through Data
  13 July 2024, retail.economictimes.indiatimes.com
  Dive into the ‘Power of Personalization: Enhancing Customer Experiences in Retail Through Data’ panel discussion. Discover how data-driven insights are transforming retail!..
• ETtech Deals Digest: Startup funding slips 22.5% to $70 million in July second week YoY
  13 July 2024, retail.economictimes.indiatimes.com
  Startups in Bengaluru raised $70 million in the second week of July, a 22.5% decrease from last year. Funds were raised mostly at the seed and early stages, through 14 rounds, compared to 31 in the same period last year…
• Panel Discussion on Building a Sustainable Era How Retailers and Shopping Centres Lead the Way
  13 July 2024, retail.economictimes.indiatimes.com
  Watch the inspiring session video on ‘Building a Sustainable Era: How Retailers and Shopping Centres Lead the Way.’ Dive into the future of sustainable retail…
• Shoppers Stop plans large-format standalone outlets, will also house Aditya Birla Group’s The Collective
  13 July 2024, retail.economictimes.indiatimes.com
  Shoppers Stop declined to comment. Since its inception over three decades ago, Shoppers Stop has been mostly selling merchandise for the masstige or bridge-to-luxury segment. The decision to foray into luxury retailing comes amid a spike in the number of wealthy people in the country. “For us, premiumisation is not just selling luxury products…but (if) a person who used to buy from the roadside has now started buying from the mall, (that) is also a premiumisation,” Kavindra Mishra, managing director and CEO of Shoppers Stop, had told ET last month…
• India’s GeM platform to become world’s largest this fiscal; procurement through crosses Rs 1.24 lakh cr in Q1
  13 July 2024, retail.economictimes.indiatimes.com
  “GeM has clocked a gross merchandise value of Rs 1,24,761 lakh crore at the end of first quarter, representing a quarter-on-quarter growth of 136 per cent over last year’s Rs 52,670 crore,” GeM CEO Prashant Kumar Singh told reporters here…
• At FMCG box office, rural to script summer blockbuster
  13 July 2024, retail.economictimes.indiatimes.com
  This is in sharp contrast to the last two years, when fast-moving consumer goods (FMCG) companies such as ITC, Dabur, Marico, Britannia, Parle Products, Emami and Hindustan Unilever had been focused mainly on premiumisation with demand turning sluggish in villages as the rise in prices of daily essentials, vegetables and fuel had forced consumers to cut down on spending. In the last two years, more than 60% of launches by large FMCG companies have been in the premium segment…
• PepsiCo quarterly revenue misses on slowing demand for snacks, sodas
  13 July 2024, retail.economictimes.indiatimes.com
  Analysts have said that product prices, which are starting to normalize almost after two years of multiple hikes, are still higher than the pre-pandemic levels, giving packaged-food companies such as PepsiCo little room to raise prices as volumes shrink…
• Top 10 Air Cooler Brands in India 2024: Ultimate Cooling Choices
  13 July 2024, indianretailer.com
  Feeling the heatwave taking over your life? Don’t sweat it! With scorching temperatures and rising electricity bills, staying cool is more important than ever. Luckily, brands like Blue Star, Crompton, Voltas, and Bajaj, known for being some of the best air cooler brands in India, have you covered…
• Difference between Supermarket and Hypermarket
  13 July 2024, indianretailer.com
  The ones responsible for the high amounts of market value in India and rapid growth among all others are Supermarkets and Hypermarkets. It’s expected that in 2026 the retail market value of India will reach $1.7 trillion, with super and hypermarkets being important drivers of it…
• India’s FMCG Market to Grow from $121.8 Bn in 2023 to $615.87 Bn by 2027
  13 July 2024, indianretailer.com
  The fast-moving consumer goods (FMCG) sector in India is witnessing significant growth driven by consumer demand and price hikes, particularly for essential items. As of 2023, the FMCG market has reached a valuation of $121.8 billion…
• Fonebox Retail Plans Expansion with 25 New Stores in Maharashtra
  13 July 2024, indianretailer.com
  Fonebox Retail Ltd., a prominent Gujarat-based retailer specializing in mobile devices and consumer durables, is venturing into Maharashtra with ambitious plans to open more than 25 retail outlets across the state…
• After Rs 500 Crore ARR in 4.5 years, The Sleep Company Targets 200 Stores in 12 Months!
  13 July 2024, indianretailer.com
  Revolutionizing the traditional mattress industry, TSC leads on the front foot with 100 company-owned-company-led stores. Remarkably, it’s India’s fastest D2C brand to reach this milestone within two years of launching its first store in Bengaluru in June 2022…
• Crocs and Apparel Group Form Strategic Partnership in India
  13 July 2024, indianretailer.com
  Retail conglomerate Apparel Group has announced a collaboration with the renowned footwear brand Crocs, making Apparel Group the Exclusive Retail Licensee for Crocs’ footwear in the northern and eastern regions of India…
• Dabur NewU Expands with 4 New Stores, Aims to Double Store Count
  13 July 2024, indianretailer.com
  NewU, a prominent beauty and personal care brand, has unveiled the opening of four new stores across India, highlighting a significant step forward in its ambitious growth strategy…
• Difference between Retail and Visual Merchandising: Grow Your Business Idea
  13 July 2024, indianretailer.com
  Have you ever wondered what attracts us when we visit a store? Is it the decorative mannequins or the styling or the aesthetic setting; or the kind of products that are available?..
• How Orange Tree Became a Leader in India’s Furniture Market with State-of-the-Art Manufacturing
  13 July 2024, indianretailer.com
  India’s furniture market is booming, and is mostly controlled by the unorganized sector. The local carpenters can copy designs at a fraction of the cost. In this labyrinth, there are a few home-grown furniture and décor brands..
• Looks Privè Opens 8th Outlet at Pacific Mall, Delhi
  13 July 2024, indianretailer.com
  Looks Privè has announced the launch of its eight outlet in the vibrant city of New Delhi, situated in the Pacific Mall, Tagore Garden. This latest addition signifies a significant milestone for the brand, reinforcing its role as a leader in the beauty and wellness sector…
• FMCG Player Bikano Introduces ‘Bombay Mixture’
  13 July 2024, indianretailer.com
  Bikano, a key player in India’s traditional snacks sector, has unveiled its latest offering, the Bombay Mixture. This new flavor aims to satisfy the varied and evolving taste preferences of snack enthusiasts nationwide and beyond…
• Versuni Names Erik Van den Enden as Chief Financial Officer
  13 July 2024, indianretailer.com
  Versuni, a leading home appliance company formerly known as Philips Domestic Appliances, has announced the appointment of Erik Van den Enden as Chief Financial Officer, effective September 1, 2024…
• Myntra Partners with Twid to Offer Reward Point Payments
  13 July 2024, retail.economictimes.indiatimes.com
  Fashion and lifestyle e-commerce platform Myntra has announced a partnership with rewards-based payment network Twid. The company stated that this collaboration allows Myntra’s customers to use their reward points for…
• Indian E-commerce Market to Reach $163 Bn by 2026, Poised for Global Second Place by 2034
  13 July 2024, indianretailer.com
  The Indian e-commerce industry has experienced unprecedented growth, establishing itself as a key player in the global market. With a rapidly expanding internet user base and increasing smartphone penetration, the industry is projected to reach remarkable milestones in the coming years…
• Orgatre Introduces Enhanced Hair Growth Oil for Men and Women
  13 July 2024, indianretailer.com
  Orgatre has reintroduced its advanced hair care product for both men and women – a revitalized hair growth oil enriched with the innovative Vitamils blend…
• Colorbar Unveils AI-Powered Website 2.0
  13 July 2024, indianretailer.com
  Colorbar Cosmetics, one of India’s leading beauty brands, has launched its upgraded website, integrating advanced AI and AR technologies to offer a unique retail experience in India…
• The Face Shop Launches Revolutionary Vitamin Lip Sleeping Mask
  13 July 2024, indianretailer.com
  The Face Shop, leading the charge in India’s K-Beauty scene, has introduced a groundbreaking addition to its skincare lineup: The Vitamin Lip Sleeping Mask. This innovative product promises to revolutionize lip care with…
• How Monin Became a Retail & HoReCa Sensation with Double-Digit Growth in India
  13 July 2024, irecwire.com
  In a market teeming with flavors and fierce competition, Monin, the century-old French syrup giant, has emerged as a sensation in India…
• “We as Indian Society should Learn Sustainability from our Home,” Atul Kochhar
  13 July 2024, irecwire.com
  Whenever I come back to India my heart is filled with joy and happiness to see how the hospitality industry is growing and progressing…
• Novotel Kolkata Introduces Eco-Conscious Green Plate Brunch
  13 July 2024, indianretailer.com
  Novotel Kolkata Hotel and Residences is pleased to announce The Green Plate Brunch at The Square, scheduled for the 7th, 14th, and 21st of July 2024. This innovative dining event focuses on eco-consciousness and..
• Ashwin Sheth Unveils New Logo And Growth Vision
  10 July 2024, rprealtyplus.com
  Ashwin Sheth Group, a renowned name in the luxury real estate market in the MMR region, proudly announces its rebranding initiative to celebrate its remarkable 38 years of legacy, culminating in a 3x growth and planned entry into other key metros…
• Mall Vacancy Rates Decline In Q2 2024
  10 July 2024, rprealtyplus.com
  Cushman & Wakefield report highlights the continued dominance of main street retail leasing, owing to limited new mall openings and a strong demand for high-quality retail spaces…
• Price cuts fail to speed up FMCG sales as urban India takes it slow
  10 July 2024, retail.economictimes.indiatimes.com
  FMCG sales growth has slowed down in both urban and rural areas despite price cuts. Factors such as heat waves, election-related restrictions, and reduced cash-buying have impacted demand. Analysts foresee a potential rural-led recovery in the second half of FY25, with expectations of muted value growth and potential volume growth for staple companies…
• Food deals on investor menu as VCs hunger for F&B companies
  10 July 2024, retail.economictimes.indiatimes.com
  Coffee, burgers, dosas and other brands scoop up new capital. Venture funds are investing in brands like FirstCoffee, AbCoffee, Café Amudham, Curefoods’ Eatfit, Cakezone, aided by Sujeet Kumar, Binny Bansal. Curefoods seeks Rs 100 crore expansion…
• Stalwarts from e-comm and D2C industry to converge at the 4th edition of E-commerce and Digital Natives Summit 2024 on Sept 4-5
  10 July 2024, retail.economictimes.indiatimes.com
  The E-commerce and Digital Natives Summit 2024 boasts of more than 20 knowledge-sharing sessions, 150+ speakers and 40+ exhibitors…
• Food services sector may grow at 8% CAGR in 2024-28: NRAI report
  10 July 2024, retail.economictimes.indiatimes.com
  The food services sector in India is set to grow at a CAGR of 8.1% from 2024-2028, reaching Rs 7.8 lakh crore by FY28. According to the report, rising incomes, urbanisation and changing lifestyles are significantly increasing the frequency of dining out…
• Dabur NewU adds 4 new stores, plans to double store count
  10 July 2024, retail.economictimes.indiatimes.com
  The company which targets millennials and Gen-Z consumers, currently runs 115 outlets in more than 50 cities…
• Rethinking retail strategies for the omnichannel era | Kinchit Shah, Ekart
  10 July 2024, retail.economictimes.indiatimes.com
  Kinchit Shah, Senior Director, Ekart shares his insights for online and offline purchases. The strategies that should be implemented for omnichannel retailers…
• Designer Gaurav Gupta takes on fashion fakes
  10 July 2024, retail.economictimes.indiatimes.com
  Fashion designer Gaurav Gupta is combatting counterfeit luxury products in India, filing nine lawsuits in the Delhi High Court. Gupta, whose designs are worn by stars like Beyonce and Cardi B, seeks ₹2 crore in damages from each counterfeiter and aims to secure restraining orders…
• Kellogg’s gives Chocos a multi-grain revamp in India
  10 July 2024, thehindubusinessline.com
  Kellanova India has decided to relaunch its leading breakfast cereal product Kellogg’s Chocos as Multigrain Chocos. This is in line with the packaged food major’s strategy to grow the household penetration of its breakfast cereals portfolio in the country…
• Gopal’s Sweets to invest Rs 150 crore to set up a manufacturing unit in Mohali Industrial Economic Zone
  10 July 2024, retail.economictimes.indiatimes.com
  Gopal’s Sweets is investing Rs 150 crore to establish a manufacturing unit in the Mohali Industrial Economic Zone (MIEZ). Spread over 150 acres, MIEZ plans to expand to 500 acres, offering strategic connectivity. The unit will process Punjab’s farm products, enhancing local agricultural operations…
• MINISO Reopens Enhanced Store at DLF Mall of India
  10 July 2024, indianretailer.com
  MINISO, a global lifestyle brand, has reopened its upgraded store at the DLF Mall of India. This event marks a significant moment as it introduces MINISO’s first pink-themed store in India…
• EMotorad Expands Physical Presence with Opening of 12th Exclusive Store in Nagpur
  10 July 2024, indianretailer.com
  EMotorad, India’s foremost electric cycle company, has celebrated the grand opening of its latest flagship store in Nagpur, marking a significant step in its offline expansion strategy to enhance customer engagement…
• Wooden Street Opens 98th Furniture Store at Marina Mall, Chennai
  10 July 2024, indianretailer.com
  Wooden Street, a leading name in India’s retail furniture industry, has announced the opening of its 98th store in the prominent Marina Mall in Chennai…
• 10 Best Brandy Brands in India 2024
  10 July 2024, indianretailer.com
  Brandy is becoming Trendy in the Indian market. Brandy is a liquor based on the wine distillation process. Having a PV of 35-60%, 70-120 US proof, brandy is often served as a digestive…
• Shopsy Celebrates Three Years with 330 Mn App Downloads
  10 July 2024, indianretailer.com
  Shopsy, India’s rapidly growing hyper-value platform, commemorates its third anniversary with an impressive milestone of surpassing 330 million app downloads nationwide…
• Top 10 Smart TV Brands in India | Price, Features and More
  10 July 2024, indianretailer.com
  Do you wish to binge-watch your favorite series or movies sitting on a couch on a big screen? With just a few presses on a remote, play anything you want on a smart TV…
• Top 10 Smart TV Brands in India | Price, Features and More
  10 July 2024, indianretailer.com
  Do you wish to binge-watch your favorite series or movies sitting on a couch on a big screen? With just a few presses on a remote, play anything you want on a smart TV…
• ONDC Reports 10 Mn Monthly Transactions in June
  10 July 2024, indianretailer.com
  According to the latest Equirus Securities India Equity Research BFSI sector report released on July 7, the Open Network for Digital Commerce (ONDC), backed by the government, achieved a significant milestone in June 2024 by processing 10 million monthly transactions…
• Xiaomi Targets 700 Mn Shipments in India Over Next Decade
  10 July 2024, indianretailer.com
  Chinese smartphone giant Xiaomi has set ambitious targets for its operations in India, aiming to double its device shipments to 700 million over the next decade…
• Signature Global Pre-Sales Grow 255% In Q1-FY25
  09 July 2024, rprealtyplus.com
  Signature Global, amongst the leading real estate development companies in India with a well-established brand in Delhi-NCR, achieved pre-sales of INR 31.2 billion in Q1 FY25 with year-on-year growth of 255%…
• Fitch Assigns CapitaLand India Trust ‘BBB-‘ Rating
  09 July 2024, rprealtyplus.com
  Fitch Ratings has assigned Singapore-listed CapitaLand India Trust (CLINT) a first-time Long-Term Issuer Default Rating (IDR) of ‘BBB-‘. The Outlook is Stable…
• Ajmera Realty & Infra’s sales bookings up 36% to Rs 306 crore in Q1 FY25
  09 July 2024, realty.economictimes.indiatimes.com
  In a statement, Dhaval Ajmera, Director at Ajmera Realty & Infra India, said the company achieved robust growth of 36 per cent buoyed by the successful launch of its project ‘Ajmera Vihara’ at Bhandup in Mumbai…
• Reliance Retail’s gearing up to do a Decathlon
  09 July 2024, retail.economictimes.indiatimes.com
  Reliance Retail plans a sports format to rival Decathlon, targeting 8,000-10,000 sq ft spaces with play areas post-Covid. Athleisure demand surged, filling a retailer gap in India. Leading sports brands saw 35-60% sales growth since FY21. Decathlon’s FY23 revenue hit ₹3,955 crore. FDI rules impact Decathlon’s operations. India’s 1.4 billion population drives market growth…
• Singer India to expand distributor network, revamp stores to strengthen its position further
  09 July 2024, retail.economictimes.indiatimes.com
  At present, the company offers more than 100 SKUs in the sewing machine category and more than 190 SKUs in the appliances category…
• Retailers focusing on main streets for new store opening
  09 July 2024, retail.economictimes.indiatimes.com
  According to Cushman & Wakefield, the continued dominance of main street retail leasing is owing to limited new mall openings and a strong demand for high-quality retail spaces…
• Label-playing field welcome in F&B
  09 July 2024, retail.economictimes.indiatimes.com
  Emphasis on labelling sugar, salt, and fat content; critics worry about RDA manipulation. Firms lower harmful ingredients, seeing healthier profits. Declining poverty sees rise in unprocessed food use. Firms align with international norms, use labelling for disease awareness. Strengthening health-profits link, incentivizing self-regulation, GoI reduces intervention as critics seek stricter rules…
• Retailers call out rampant fraud, press no on easy EMIs for phones
  09 July 2024, retail.economictimes.indiatimes.com
  Mobile phone retailers are calling for an end to financing schemes after reporting 10-12% fraudulent purchases. They are advocating for open-box deliveries and biometric verification to prevent misuse. Apple is aware of the issue, but no significant action has been taken yet…
• ONDC monthly transactions hit 10 million in June: Report
  09 July 2024, retail.economictimes.indiatimes.com
  The open network has been adding one million transactions per month over the past two months, exhibiting strong growth…
• Godrej Consumer Products sees double digit volume growth in Q1
  09 July 2024, thehindubusinessline.com
  Fast-Moving Consumer Goods (FMCG) maker Godrej Consumer Products stated that the domestic market remained soft during the quarter with high-single-digit organic volume and mid-single-digit value growth…
• PVR Inox inks strategic partnership with Amazon Pay
  09 July 2024, retail.economictimes.indiatimes.com
  PVR Inox and Amazon Pay have joined forces to enhance payment options for moviegoers in India. Customers can now enjoy secure transactions using Amazon Pay’s solutions including UPI, Amazon Pay Balance, and Amazon Pay Later. The partnership aims to provide a convenient and rewarding experience for cinema enthusiasts…
• RCB’s fours and sixes lift United Spirits’ scorecard in FY24
  09 July 2024, retail.economictimes.indiatimes.com
  United Spirits (USL) saw a significant boost in net profit in 2023-24, with about 16% attributed to its cricket team, Royal Challengers Bangalore (RCB), whose revenue more than doubled. RCB’s revenue surged to Rs 650 crore, with a net profit of Rs 222 crore, largely due to increased central rights income from the BCCI. USL, the largest liquor maker in India, reported sales of Rs 25,724 crore, with a net profit of Rs 1,312 crore…
• Centre working on a scheme for Indian electronics brands
  09 July 2024, retail.economictimes.indiatimes.com
  “It doesn’t matter whether the tape out happens in Taiwan or Korea. It doesn’t matter where it gets manufactured. If the Indian brands are globally recognized, the rest of the (electronics) ecosystem will follow,” Union ministry of electronics and information technology (MeitY) secretary S Krishnan stressed the importance of creating local electronics brands…
• Birla Opus Paints steps up distribution to 300 towns
  09 July 2024, financialexpress.com
  Birla Opus, the latest entrant in the Rs 70,000-crore domestic decorative paints market, has increased its distribution within six months of launch, covering over 300 towns with a population in excess of 100,000, industry sources have told FE…
• Wooden Street Opens 98th Furniture Store at Marina Mall, Chennai
  09 July 2024, indianretailer.com
  Wooden Street, a leading name in India’s retail furniture industry, has announced the opening of its 98th store in the prominent Marina Mall in Chennai…
• The Retail Transformation: How 7.6% Economic Growth in FY24 is Redefining India’s Market!
  09 July 2024, indianretailer.com
  The global economic environment in FY24 has been marked by significant challenges, including the ongoing conflict in Ukraine, rising inflation, tightening monetary policies, and disrupted global supply chains…
• Titan Records 9 Pc Revenue Growth in Q1, Expands with 61 New Stores
  09 July 2024, indianretailer.com
  Titan, a leading jewelry and watchmaker under the Tata Group, announced a robust standalone revenue growth of 9 percent for the first quarter ending June 30, 2024…
• Embracing Unified Commerce in FMCG
  09 July 2024, indianretailer.com
  In the dynamic landscape of Fast-Moving Consumer Goods (FMCG), companies face unique challenges when trying to implement unified commerce, primarily due to the lack of direct control over retail front-end operations…
• FMCG Sector Anticipates Revenue Growth of 7-9 pc This Fiscal Year
  09 July 2024, indianretailer.com
  The fast-moving consumer goods (FMCG) sector is poised for a notable revenue increase of 7-9 percent this fiscal year, driven by higher volume growth…
• Nykaa Projects Strong Revenue Growth Amid Fashion Market Challenges
  09 July 2024, indianretailer.com
  In a recent filing with BSE, FSN E-Commerce Ventures, the parent company of Nykaa, forecasted a consolidated revenue growth of around 22-23 percent year-on-year for the first quarter of 2024-25 (FY25)…
• SignatureGlobal (India) reports pre-sales of Rs 31.2 billion in Q1 FY25
  08 July 2024, realty.economictimes.indiatimes.com
  SignatureGlobal (India)’s collections in Q1 FY25 grew by 102% to Rs 12.1 billion. Net debt reduced by 16% to Rs 9.8 billion at the end of Q1 FY25 in comparison to Rs 11.6 billion as at the end of FY24…
• Swiggy Instamart to focus on household consumption, immediate use cases products, says head
  08 July 2024, retail.economictimes.indiatimes.com
  Swiggy Instamart head Phani Kishan Addepalli said the quick commerce platform’s focus will continue to be on items of household consumption and those with immediate use cases, even as the company tries to expand beyond groceries and every day products. He was speaking at the India Health Snacking Summit in Delhi. ..
• Future group’s FMCG arm FCL defaults on payments of Rs 449.04 crore till June-end
  08 July 2024, retail.economictimes.indiatimes.com
  Future Consumer Ltd (FCL), the FMCG arm of debt-laden Future Group, disclosed on Saturday that it defaulted on payments totaling Rs 449.04 crore as of June 2024…
• Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha
  08 July 2024, retail.economictimes.indiatimes.com
  Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the company at $3.6 billion. The CEO sees Zepto as a hyperlocal Walmart focusing on groceries and household essentials. The company plans to expand its dark stores to 700 to compete with rivals like Blinkit and Swiggy Instamart. Zepto aims to capitalize on the massive market opportunity in the top 40 cities of India…
• Nykaa expects consolidated revenue to rise 22-23% in April-June quarter
  08 July 2024, retail.economictimes.indiatimes.com
  In a BSE filing on its quarterly revenue update for the April-June quarter of FY25, Nykaa said for the consolidated entity, the GMV (Gross Merchandise Value) growth for the quarter is seen to be in the mid-20s year-on-year…
• Indians like to have a swig of premium beer
  08 July 2024, retail.economictimes.indiatimes.com
  Premium beers significantly outpaced the overall beer market in FY24, with a 25-30% volume growth compared to the 8-10% growth of the beer category. Bira91’s Taproom pubs in Ludhiana are finding success with flavored premium beers, challenging stereotypes in Punjab…
• FSSAI to mandate displaying nutritional information on food labels in bold, increased font size
  08 July 2024, retail.economictimes.indiatimes.com
  Aimed at empowering consumers to be better informed about the nutritional value of food products, the Food Safety and Standards Authority of India (FSSAI) has approved a proposal to display nutritional information of total sugar, salt and saturated fat on labels of packaged food items…
• Over 7,000 farmer bodies join e-tailing platform ONDC
  08 July 2024, financialexpress.com
  Agriculture ministry starts scheme to train FPOs in business development With more than 7,000 farmers’ collectives on board the government’s e-commerce platform Open Network for Digital Commerce (ONDC), the agriculture ministry has started to train these entities on packaging, branding, marketing, credit linkages with banks, digital payments and statutory compliance….
• Online discounts to rain heavy from July, ease dry spell of electronics, apparel cos
  08 July 2024, retail.economictimes.indiatimes.com
  Brands are gearing up for a surge in online discounts and promotions starting this month, aiming to clear unsold inventory ahead of the festive season…
• Gold outpaces major assets with 12% surge in 2024
  08 July 2024, retail.economictimes.indiatimes.com
  Gold has performed remarkably well in 2024, rising by 12% year-to-date and outpacing most major asset classes. Gold has thus far benefitted from continued central bank buying, Asian investment flows, resilient consumer demand, and a steady drumbeat of geopolitical uncertainty. As we look forward, the key question in investors’ minds is whether gold’s momentum can continue or if it’s running out of steam…
• ‘Flavour is going to be a strong driver for growth’: Manvendra Shukla, global CEO, CG Foods (Wai Wai)
  08 July 2024, financialexpress.com
  “We have a very unique buy proposition, which explains the kind of share we hold in the Indian noodle space,” says Manvendra Shukla, global chief executive officer of CG Foods, the brand behind the popular Wai Wai noodles…
• Quick Commerce: Becoming a preferred platform for D2C brands
  08 July 2024, indianretailer.com
  In the dynamic landscape of beauty & personal care online, quick commerce is emerging as a game-changer, especially for D2C brands. Quick commerce, characterized by ultra-fast delivery times—often within minutes—not only caters to modern consumers’ growing demand for speed, convenience, and efficiency, but is also emerging as a platform where consumers discover and engage with brands that are more their “type”…
• boAt and Shruti Haasan Launch Bassheads 122 ANC: Rediscover Classic Bass
  08 July 2024, indianretailer.com
  boAt, India’s leading audio wearable brand, has joined forces with the versatile actress and singer Shruti Haasan to introduce the all-new Bassheads 122 ANC wired earphones…
• Akka Luxury Brands Pvt. Ltd. Acquires Exclusive Global Rights for Reebok Cricket
  08 July 2024, indianretailer.com
  Akka Luxury Brands Pvt. Ltd., a prominent retail specialist firm, has announced its acquisition of the global rights for Reebok Cricket. Following their successful venture into Reebok Cricket Gear licensing for the Indian sub-continent, this expansion marks a significant milestone in Akka Luxury Brands’ journey within the global sports and fitness retail industry…
• Health and Wellness Trends: How Pickle Brands are Adapting to Consumer Preferences
  08 July 2024, indianretailer.com
  In today’s dynamic and health-conscious consumer landscape, the food industry is witnessing a significant shift towards products that not only tantalize the taste buds but also offer health benefits. One such category that has been undergoing a remarkable transformation is pickles…
• Quick Commerce: Becoming a preferred platform for D2C brands
  08 July 2024, indianretailer.com
  In the dynamic landscape of beauty & personal care online, quick commerce is emerging as a game-changer, especially for D2C brands. Quick commerce, characterized by ultra-fast delivery times—often within minutes—not…
• Vedant Fashions Inaugurates Latest Manyavar-Mohey Store in Bengaluru
  08 July 2024, indianretailer.com
  Vedant Fashions Ltd., a Kolkata-based retailer specializing in ethnic wear, recently opened a new store featuring both its renowned brands Manyavar and Mohey in Bengaluru. This latest addition is situated at Orion Mall, Rajajinagar, Bengaluru…
• FNP Launches ‘Retail Shine’ Outlet in Gurgaon
  08 July 2024, indianretailer.com
  India’s largest gifting company, renowned for its extensive online and offline presence both domestically and internationally, proudly announces the opening of its latest COCO (Company Owned Company Operated) store under the innovative ‘Retail Shine’ concept in Sector 46, Gurgaon…
• West Bengal Govt Withdraws 2% Stamp Duty & 10% Circle Rate Cut
  06 July 2024, rprealtyplus.com
  The West Bengal government announced the withdrawal of the temporary relief measures provided to the real estate sector that included a two per cent reduction in stamp duty and a 10 per cent slash in the circle rate, effective from Monday…
• Institutional Investment In Indian Real Estate Touches 3 Year High
  06 July 2024, rprealtyplus.com
  After a steady start in Q1 2024, Q2 2024 saw accelerated momentum, registering USD 2.5 billion of inflows—the highest in any quarter since 2021…
• Knight Frank India Facilitates JDA For Brigade Enterprise Ltd
  06 July 2024, rprealtyplus.com
  Knight Frank India, a leading international real estate consultancy, has successfully facilitated a Joint Development Agreement (JDA) for a land parcel of approximately 8 acres located in the West Bengaluru micro-market…
• Coffee Day Enterprises’ total default at Rs 433.91 crore in Q1 FY25
  06 July 2024, retail.economictimes.indiatimes.com
  Coffee Day Enterprises Ltd (CDEL) reported a total default of Rs 433.91 crore on interest and principal payments to banks, financial institutions, and holders of unlisted debt securities like NCDs and NCRPS for the quarter ending June 30, 2024. The company attributed the delay in debt servicing to a liquidity crisis…
• Adani Wilmar reports 13 pc volume growth in June quarter
  06 July 2024, retail.economictimes.indiatimes.com
  Edible oil major Adani Wilmar announced on Friday that it reported a 13 percent volume growth in the June quarter. This double-digit growth was driven by market-specific strategies aimed at increasing market share, particularly in under-indexed markets. In a business update, the company stated, “In the first quarter of the current fiscal, the company achieved robust volume growth of 13 percent YoY.”..
• Titan reports 9 pc revenue growth in Q1, adds 61 stores
  06 July 2024, retail.economictimes.indiatimes.com
  “The auspicious week of Akshaya Tritiya witnessed double-digit growths (in Tanishq secondary sales) compared to the same period last year. However, high gold prices and their continued firmness had an impact on consumer demand,” Titan said…
• Marico’s domestic business reports modest uptick on volume in Q1; margins improve
  06 July 2024, retail.economictimes.indiatimes.com
  The company recorded volume growth post adjustments in distributor stock levels and a certain degree of wholesale channel destocking to ensure smoother direct reach expansion, said Marico in its quarterly update for the first quarter…
• Dabur sees improvement in demand, rural growth in Q1
  06 July 2024, retail.economictimes.indiatimes.com
  Demand trends witnessed sequential improvement in the June quarter, with rural growth picking up, homegrown FMCG major Dabur said on Friday. The domestic business is expected to record mid-single-digit volume growth and its consolidated revenue is expected to register mid-to-high single-digit growth during Q1 FY25, said Dabur, which owns brands such as Dabur Chyawanprash, Dabur Honey, Dabur PudinHara, Dabur Lal Tail, Dabur Amla, Dabur Red Paste, Real and Vatika…
• 250-300 consumer brands expected to enter the Rs 100 crore revenue club in the next 4-5 years
  06 July 2024, retail.economictimes.indiatimes.com
  As per Elevation Capital, a few categories that have seen pent-up demand post-covid include pet care, luggage, home, and new tech platforms…
• Swiggy launches ‘Eatlists’, a global-first feature in food delivery
  06 July 2024, retail.economictimes.indiatimes.com
  The company said like creating and sharing music playlists, Swiggy’s Eatlists feature will enable food enthusiasts to curate and share their favourite dishes directly within the Swiggy app…
• How grocers are upping their ante to meet evolving consumer needs?
  06 July 2024, retail.economictimes.indiatimes.com
  Consumer behavior in Indian grocery shopping is still experiencing a dramatic shift in terms of online shopping when compared to the majority of the majority of the world…
• World of Brands set to launch craft beer brand in Karnataka
  06 July 2024, thehindubusinessline.com
  AlcoBev startup World of Brands (WoB) looks to expand its domestic market presence and manufacturing set-up as it launches its ready-to-drink craft beer brand in Karnataka in July…
• Mobile phone maker realme partners Sony for upcoming 5G device with AI-imaging feature
  06 July 2024, retail.economictimes.indiatimes.com
  “This collaboration between realme and Sony will see the debut of the world’s first Sony’s LYT-701 camera sensor in the realme 13 Pro Series 5G,” company officials said…
• Jaipur Rugs on a global expansion spree; expects 20% growth in global retail sales this fiscal
  06 July 2024, retail.economictimes.indiatimes.com
  Jaipur Rugs is planning to expand its footprint in Singapore during this quarter. Last week, it opened its third international retail store at Chelsea Harbour in London. The company said it is eyeing 20 per cent growth in overall retail sales from both Indian and international markets through its stores. And expects a 15 per cent increase from global operations, including exports…
• Vedant Fashions Inaugurates Latest Manyavar-Mohey Store in Bengaluru
  06 July 2024, indianretailer.com
  Vedant Fashions Ltd., a Kolkata-based retailer specializing in ethnic wear, recently opened a new store featuring both its renowned brands Manyavar and Mohey in Bengaluru. This latest addition is situated at Orion Mall, Rajajinagar, Bengaluru…
• Bonkers Corner Launches New Outlet at Amanora Mall
  06 July 2024, indianretailer.com
  Pune’s Amanora Mall has announced an exciting addition to its retail lineup with the grand opening of Bonkers Corner, a vibrant fashion and lifestyle brand that has captured the essence of contemporary fashion trends…
• FNP Launches ‘Retail Shine’ Outlet in Gurgaon
  06 July 2024, indianretailer.com
  India’s largest gifting company, renowned for its extensive online and offline presence both domestically and internationally, proudly announces the opening of its latest COCO (Company Owned Company Operated) store under the innovative ‘Retail Shine’ concept in Sector 46, Gurgaon…
• EasyBuy Expands Nationwide with New Large Format Stores
  06 July 2024, indianretailer.com
  EasyBuy, the contemporary value fashion brand, continues its expansion across India with the addition of large format stores in various key locations…
• VR Diamonds Opens New Flagship Store in New Delhi
  06 July 2024, retail.economictimes.indiatimes.com
  VR Diamonds has opened its flagship store in the bustling heart of New Delhi at M-41, GK 1 M Block. This move marks a significant milestone for the brand, known for its luxury and craftsmanship in the retail sector across India…
• 8 Most Expensive Cigarette Brands in India You Must Try in 2024
  06 July 2024, indianretailer.com
  It’s all the first drag – the thrill, the swag, the satisfaction! Smoking a cigarette is more than a temporary sense of relaxation, it’s the choice of life. Holding the slim, white, super-cool stick adds the oomph. So, why not indulge in the best of those that are there on the shelves today…
• Zomato suspends hyperlocal goods delivery service Xtreme, restarts Intercity Legends: sources
  05 July 2024, retail.economictimes.indiatimes.com
  Zomato’s hyperlocal goods delivery service ‘Xtream’ was rolled out in nearly all the 750-800 cities where the company offers food delivery. Zomato has also removed the Xtream app from Google Play Store as well. The online food delivery giant has more than 300,000 delivery executives nationwide…
• OnePlus names Robin Liu as India CEO
  05 July 2024, retail.economictimes.indiatimes.com
  Chinese smartphone brand OnePlus has named Robin Liu, former head of sales in India and chief executive in North America, to head the business in the South Asian nation, amidst an ongoing boycott by retailers against the brand…
• Del Monte Foods announces Abhinav Kapoor as new CEO
  05 July 2024, retail.economictimes.indiatimes.com
  Abhinav Kapoor was previously vice president, sales at VIP Industries, where he was overseeing P&L, multiple channels and sales, the company said in a statement, adding that Kapoor has over two decades of experience in sales and distribution within consumer businesses. He has previously held leadership positions at Cavinkare, Britannia Industries, Mondelez and Marico, the statement said…
• Indian FMCG sector to see revenue jump 7-9 pc this fiscal, rural demand surges
  05 July 2024, retail.economictimes.indiatimes.com
  Aditya Jhaver, Director, CRISIL Ratings said,”We expect volume growth of 6-7 per cent in fiscal 2025 from the rural consumers (40 per cent of overall revenue), supported by expectation of better monsoon benefitting agricultural production, and hike in minimum support price supporting farm incomes”…
• PE, VC funding slows in first half of 2024; secondary deals become prominent
  05 July 2024, retail.economictimes.indiatimes.com
  Secondary stake sales and buyouts are driving most of the larger deals being made by private equity (PE) and venture capital (VC) funds in new-age firms, data from investment banking firm DC Advisory showed. In the first six months of 2024, when 37 deals took place in the $50-500 million range, 62% were secondary transactions or buyouts, with external primary investment rounds making up only 13%…
• Saks owner to buy luxury retailer Neiman Marcus in $2.65-billion deal
  05 July 2024, retail.economictimes.indiatimes.com
  HBC, the parent company of Saks Fifth Avenue, announced on Thursday that it will acquire the department-store chain Neiman Marcus in a $2.65-billion deal. This acquisition is expected to give the companies stronger negotiating power with vendors and better control over costs…
• Chupps appoints Khairav Duggal as CEO
  05 July 2024, retail.economictimes.indiatimes.com
  In this role, Duggal will oversee all aspects of Chupps’ operations by focusing on product development, sourcing, strategic planning and expanding sales channels, including a robust e-commerce presence, according to a statement…
• Malabar Gold opens 2nd store in UK, eyes further expansion
  05 July 2024, retail.economictimes.indiatimes.com
  Malabar Gold & Diamonds, the world’s sixth-largest jewellery retailer, opened its second UK showroom in Leicester on Thursday. This new 2,000-square-foot store is on Belgrave Road’s Golden Mile. The inauguration was done by Leicester City Mayor Peter Soulsby. The store features over 20,000 jewellery designs from 20 countries. It caters to various wear categories, including bridal and office, the company said in a statement…
• D2C snack brand Let’s Try secures funding from Wipro Consumer Care Ventures
  05 July 2024, retail.economictimes.indiatimes.com
  Let’s Try will use the funds to accelerate growth across both offline and online channels. The New Delhi-based company offers a wide range of snacks including baked, fried, and roasted namkeens. Let’s Try claims to have a revenue run rate of over Rs 50 crore…
• Beverages maker RockClimber plans to raise $5 million, aims Rs 100 crore turnover
  05 July 2024, retail.economictimes.indiatimes.com
  RockClimber targets Rs 100 crore in sales, raising $5 million for expansion and online growth. Launching energy drinks and focusing on quality, they have 140 distributors, mainly targeting the Middle East and Africa. Co-founder Deepak Poduval emphasizes farmer support, tech integration, and mobile fruit processing to overcome challenges like reluctant farmers and price volatility…
• Marico to market and sell Kaya’s personal care products
  05 July 2024, retail.economictimes.indiatimes.com
  We believe that with the potent combination of a brand of Kaya’s stature and Marico’s organized channel reach and digital marketing capabilities, the opportunity to scale up the products business can be another growth driver for us over the next few years,” Saugata Gupta, MD & CEO, Marico said…
• Q-commerce sales double in a year for FMCG majors, now comprise 33-36% of total e-comm sales
  05 July 2024, financialexpress.com
  The share of q-commerce sales within the e-commerce sales for the FMCG companies now stands at 33-36% against 17-18% a year ago…
• Many South Korean companies assured investment in Karnataka across gaming, auto and FMCG sectors
  05 July 2024, retail.economictimes.indiatimes.com
  The Karnataka government engaged in discussions with the major Korean companies to reinforce the state’s economic landscape across gaming, FMCG, and automotive sectors…
• VR Diamonds Opens New Flagship Store in New Delhi
  05 July 2024, indianretailer.com
  VR Diamonds has opened its flagship store in the bustling heart of New Delhi at M-41, GK 1 M Block. This move marks a significant milestone for the brand, known for its luxury and craftsmanship in the retail sector across India…
• Kalyan Jewellers Reports Strong Q1 FY2025 Performance with 27 Pc Revenue Growth
  05 July 2024, indianretailer.com
  The recently concluded quarter has been satisfying for Kalyan Jewellers, showing robust operating performance across India and the Middle East despite extreme volatility in gold prices and a strong base quarter…
• 48 pc of Indian Consumers Willing to Share Data for Personalized Retail Experiences
  05 July 2024, indianretailer.com
  Indian consumers are increasingly prioritizing value-conscious purchases and experiential spending. Inflation has greatly impacted consumer spending, pushing a shift towards value-conscious purchases and a renewed interest in experiences like travel and hospitality…
• KRBL Strengthens Leadership Team with Key Appointments
  05 July 2024, indianretailer.com
  KRBL Limited, known for its flagship India Gate Basmati Rice, the world’s No 1 Basmati Rice brand*, has appointed two key executives to its leadership team. Prabhakar Jha joins as General Manager of Sales and Distribution, while Kamal Kant Kanaujia assumes the role of Deputy General Manager in the marketing team…
• Marico Partners with Kaya to Expand Presence in Advanced Science-Backed Personal Care
  05 July 2024, indianretailer.com
  Marico Limited, a leading FMCG company in India, and Kaya Limited, a well-known provider of dermatological solutions, have announced a strategic collaboration. Marico will exclusively handle the sales and marketing of Kaya’s extensive range of over 75 science-based personal care products outside of Kaya’s clinics…
• Top 10 Perfume Brands for Male in India | Best Scents for Men
  05 July 2024, indianretailer.com
  Raw, musky, sensual – the scent of an alpha male! What is it that a man looks for when he chooses his scent out of the plethora of choices available in the market today? The answer: power. When he walks into a room, he should be perceived as the most successful person there…
• Top 10 Sneaker Brands in India to Keep You Ahead of the Fashion Curve
  05 July 2024, indianretailer.com
  It is widely known that most women are obsessed with shoes. In fact, one of the most coveted real estate areas in a home is the shoe closet. However, this craze has been overtaken by the new breed of collectors…
• India’s Jewelry Market Poised for Explosive Growth, Projected to Reach $145 Bn by FY28
  05 July 2024, indianretailer.com
  India’s jewelry retail sector has witnessed a remarkable growth trajectory, expanding from $50 billion in 2018 to an impressive $80 billion in the financial year 2024, according to a report by Motilal Oswal Financial Services…
• Indians Turn to Alexa for Relief Amid Record Summer Heat
  05 July 2024, indianretailer.com
  As temperatures soared across India this summer, reaching record-breaking highs, many turned to their air conditioners (ACs) and the convenience of Alexa for relief…
• boAt Expands Smartwatch Portfolio with Lunar Oasis
  05 July 2024, indianretailer.com
  boAt has introduced the boAt Lunar Oasis smartwatch, featuring a vibrant 1.43” AMOLED display, advanced Bluetooth calling, and real-time health monitoring, aimed at enhancing the retail experience in India…
• How Delivery-First Model is taking Shape in India
  05 July 2024, irecwire.com
  According to a recent report by Google and Boston Consulting Group (BCG), the Indian food delivery industry is projected to grow from $4 billion in 2019 to over $8 billion by 2023…
• The Little Easy Brings Prohibition-Era Charm to Andheri
  05 July 2024, indianretailer.com
  In a quaint alleyway off the lively streets of Andheri, The Little Easy has emerged as a unique addition to the hospitality scene. This all-day cocktail bar and café capture the essence of the American Prohibition Era, where every sip tells a story and indulgence is an art…
• PE Investment In Indian Real Estate Registers 42% Increase YoY
  04 July 2024, rprealtyplus.com
  Private equity investment inflows into the Indian real estate sector were recorded as USD 1.7 billion (INR 142 billion) during H1 2024, registering a 42% increase YOY…
• Puravankara Acquires 7-Acre Land In Bengaluru With Potential GDV Of Rs. 900 Cr
  04 July 2024, rprealtyplus.com
  Puravankara Limited, one of India’s most trusted and admired real estate developers, has announced the acquisition of a 7.26-acre land parcel in Hebbagodi, Bengaluru…
• India’s most versatile Real Estate Marketing specialists eye robust growth!
  04 July 2024, retail.economictimes.indiatimes.com
  In the last few months alone, Square One has rolled out powerful success stories in Pune with projects the likes of Envogue, Shubh Tristar and Majestique Evolvus…
• Reliance Industries invests Rs 4,330 cr in retail unit in FY24
  04 July 2024, retail.economictimes.indiatimes.com
  Reliance Industries invested Rs 4,330 crore into its flagship retail company, Reliance Retail, in the past fiscal year, a shift from previous reliance on debt funding. The investment, made through its subsidiary RRVL, included both equity and debt. Reliance Retail transferred its supply chain assets to RLWH at a valuation of Rs 8,000 crore. This move aims to unlock value from assets and improve cash flow, following recent investments by ADIA and KKR in RLWH…
• Reliance’s app, stores may soon sport Shein
  04 July 2024, retail.economictimes.indiatimes.com
  Reliance Retail Ventures is gearing up to launch Chinese fast-fashion label Shein in India, a year after forming a strategic partnership with the brand. The retailer plans to sell Shein products on its app and offline stores…
• Online food delivery market to grow 18% on-year to Rs 2 lakh crore by 2030: Bain-Swiggy report
  04 July 2024, retail.economictimes.indiatimes.com
  The online food delivery market in India is on a significant growth trajectory, with Zomato leading in market share. Swiggy’s overall gross order value has been increasing, as reported by Prosus. By 2030, the industry is set to witness substantial expansion, driven by convenience and improved customer experience…
• Burger Singh bets big on transit retail in tier II and beyond cities
  04 July 2024, retail.economictimes.indiatimes.com
  This fiscal, the brand is planning to invest Rs 25 crore towards expansion, strengthening its supply chain and marketing…
• Britannia appoints ex-RBI Guv Urjit Patel as independent director
  04 July 2024, retail.economictimes.indiatimes.com
  Britannia has appointed former Reserve Bank of India Governor Dr. Urjit Patel and Atul’s MD Sunil Siddharth Lalbhai as Additional Non-Executive Independent Directors for five consecutive years, effective from July 2, 2024, to July 1, 2029…
• Marico, Kaya to collaborate for sales
  04 July 2024, thehindubusinessline.com
  Fast-Moving Consumer Goods (FMCG) maker Marico announced its collaboration with Kaya Ltd to handle sales and marketing of Kaya’s personal care products…
• PV Sindhu invests in wellness brand Hoop
  04 July 2024, retail.economictimes.indiatimes.com
  Hoop aims to use the funds to fuel its growth and development. “These resources will be directed towards a variety of essential areas including robust marketing initiatives to build brand awareness, strategic hiring to bring on board the best talent, and expanding our distribution channels to reach more consumers,” Twinkle Uppal, co-founder, Hoop said…
• Lawman Expands Presence in Maharashtra with New Mumbai Store
  04 July 2024, indianretailer.com
  Kewal Kiran Clothing Limited’s (KKCL) men’s affordable luxury fashion brand, Lawman, announced its plans to strengthen its footprint in the Maharashtra market…
• How Streax Professional Grew from 100 to 40,000+ Salons in India
  04 July 2024, indianretailer.com
  Greens, purples, reds, ash blondes, oranges – these are the new-age hair shades that are ruling both the Indian and global markets. While these unconventional colors may seem suited only for metropolitan audience, they have seeped through the length and breadth of the country…
• Urban Tots Expands into Global Markets
  04 July 2024, indianretailer.com
  The global toy market, valued at $104 billion in 2023, is steadily growing. Within this landscape, India’s toy industry is rapidly emerging, projected to reach $3 billion by 2028 with a 12 percent CAGR from 2022 to 2028…
• Goodveda Boosts Millet Snack Market
  04 July 2024, indianretailer.com
  In alignment with the Indian government’s ‘Millet Revolution’ campaign, Goodveda, a leading innovator in natural healthcare solutions, has introduced a new range of nutritious millet-based snacks called ‘Milletious…
• HowLudic Launches Enhanced Canvas Sneakers Collection
  04 July 2024, indianretailer.com
  Ludic, the footwear-first lifestyle brand, introduces a new collection of enhanced canvas sneakers, designed and manufactured in India. The collection is crafted to meet men’s and women’s style and comfort needs, featuring shades that complement various outfits, blending classic and modern styles…
• How to Start a Cosmetic Business in India: 2024 Guide
  04 July 2024, indianretailer.com
  The cosmetic industry has a market size that is projected to reach $393.75 billion by 2023, growing at a CAGR of 5.8-9.8 percent from 2030 to 2032…
• Fitness World Unveils New K-6 Strength Series
  04 July 2024, indianretailer.com
  Fitness World, India’s leading fitness brand, has introduced its latest innovation, the K-6 Strength Series. This new series combines a biomechanically designed steel frame with a stylish steel designer shroud, featuring an elegant black color and beige seat upholstery…
• Amocare Bags $400,000 for Wellness Expansion
  04 July 2024, indianretailer.com
  Amocare, a natural wellness company, has successfully raised approximately $400,000 in pre-seed funding from domestic and international investors, including FAAD Network and AngelBay Holdings…
• Comet Bags Rs 42.3 cr in Series A Funding
  04 July 2024, indianretailer.com
  Bengaluru-based Direct-to-consumer (D2C) sneaker brand Comet has secured Rs 42.3 crore in a Series A funding round, led by Elevation Capital. The round also saw participation from existing investors Nexus Ventures and AngelList India, contributing Rs 8.34 crore and Rs 60 lakhs respectively…
• Decathlon India Sets Sights on Circular Economy Leadership by 2026
  04 July 2024, irecwire.com
  “By 2026, we aim for these initiatives to contribute 2.5 percent of our turnover in the country,” said Annie George, Leader Sustainability Development, Decathlon India…
• Godrej Properties Group Housing & High Street Retail Project In Pune
  03 July 2024, rprealtyplus.com
  Godrej Properties Ltd. (GPL), one of India’s leading real estate developers, announced that it will develop 11-acre land parcel in Hinjewadi, Pune…
• Small and medium REITs to broaden realty investor base: Crisil
  03 July 2024, realty.economictimes.indiatimes.com
  So far, fractional ownership platforms (FOPs) did not follow uniform guidelines. The SEBI move is intended to address this by bringing existing FOPs under the regulatory ambit…
• Food watchdog wants quick commerce companies to speed with caution
  03 July 2024, retail.economictimes.indiatimes.com
  FSSAI officials have ramped up surprise audits at dark stores, D2C brands. Fast delivery startups are watchful about taking on smaller brands, despite the higher margins, said people in the know, after incidents such as the reported discovery of a human finger in an ice-cream cone — ordered via an app — in Mumbai. ..
• Ayurvedic personal care brand Vedix partners with Shoppers Stop for offline expansion; eyes Rs 200 cr revenue in 18 months
  03 July 2024, retail.economictimes.indiatimes.com
  Vedix plans to expand by relaunching body care products, entering new markets, and accelerating revenue growth through online and offline strategies, aiming to enhance customer experiences with personalized Ayurvedic solutions…
• Indian fast fashion industry poised to reach over $50 billion by FY31: Report
  03 July 2024, retail.economictimes.indiatimes.com
  According to the report, the mid-value brands segment will see the maximum proliferation of brands, leveraging low-entry barriers and experimental consumer behaviour to drive growth.Further, brands with unique and value-adding positioning are expected to appeal strongly to customers…
• FMCG Q1 check: Some hot, some not
  03 July 2024, retail.economictimes.indiatimes.com
  Scorching summer heat and elections created a mixed quarter for consumer goods, with sales of cooling products like beverages, ice creams, talcum powder, and sunscreens rising up to 15 per cent amidst the heatwave…
• Indian textile sector shows signs of post-pandemic recovery: Report
  03 July 2024, retail.economictimes.indiatimes.com
  The report added that Indian cotton prices are currently lower than global prices, helping cotton spinners grow their volumes. In the last quarter of the fiscal year 2024 (4QFY24), the sector’s revenue grew by about 8 per cent compared to the previous year. However, yarn prices fell by 5 per cent, which limited the overall growth. With cotton prices stabilising, the value growth is expected to align with volume growth soon…
• Premium sneaker stampede sweeps India off its feet and Adidas is game for it
  03 July 2024, retail.economictimes.indiatimes.com
  The trend of premiumisation is gaining momentum in the footwear, watches, and gym apparel market, with consumers seeking quality, exclusivity, and a deeper connection with their brands. Adidas and Myntra have seen a 30-40% increase in premium options on their website, reflecting this trend…
• AI Smartphone Sales Likely to be Dull in India in 2024
  03 July 2024, retail.economictimes.indiatimes.com
  AI-capable smartphones are projected to constitute only 4-5 per cent of the 152-156 million total smartphone shipments in India this year. Global estimates suggest they will make up 17 per cent of 1.2 billion handsets by 2024…
• The Kaftan Company Opens First Physical Store in Hyderabad
  03 July 2024, indianretailer.com
  The Kaftan Company (TKC), India’s leading Kaftan brand, has proudly inaugurated its debut physical store in Hyderabad, strategically located on Road Number 3 in Banjara Hills…
• Mango Teen Expands with First International Stand-Alone Store
  03 July 2024, indianretailer.com
  Mango, a leading European fashion group, is advancing its Mango Teen line with significant international expansion. Three years after its launch, the Teen line has opened its first stand-alone store outside Spain, located in the United Kingdom…
• India’s Fast Fashion Market Poised for $50 Bn Boom by FY31: 30-40 pc Growth in FY24
  03 July 2024, indianretailer.com
  Fast Fashion has democratized the fashion industry. For Millennials and Gen Z (the driving force for this industry), Fast Fashion has provided affordability combined with constant access to trendy styles making it a game-changing experience…
• How to Start a Cosmetic Business in India in 2024
  03 July 2024, indianretailer.com
  The cosmetic industry has a market size that is projected to reach $393.75 billion by 2023, growing at a CAGR of 5.8-9.8 percent from 2030 to 2032. Due to the popularization of e-commerce and social platforms, the need for new and specialized beauty products has only grown…
• How India’s Home and Interior Market Skyrocketed to $29.5 Billion—Top Trends Driving the Boom
  03 July 2024, indianretailer.com
  India’s home and interior market is witnessing significant growth, reaching approximately Rs 2.4 trillion ($29.5 billion) in 2023. The indoor living product segment dominates, holding around 41 percent of the total market share…
• Woodsworth Introduces the Serengeti Furniture Range – Inspired by African Tribal Motifs
  03 July 2024, indianretailer.com
  Woodsworth from Pepperfry proudly unveils its latest furniture collection, “Serengeti – The Spirit of Safari.” This new line draws inspiration from the vibrant tribal motifs found across Africa, offering a captivating glimpse into the continent’s indigenous artistry…
• Growel’s 101 Mall Initiates Environmental Cleanup Project
  03 July 2024, indianretailer.com
  Growel’s 101 has launched a significant environmental project aimed at cleaning a nearby waterway. The mall has successfully removed approximately 3 tons of garbage from the stream adjacent to its premises, addressing issues such as water pollution, reduced soil quality, disease spread, and an unhygienic environment…
• CDC Experience Store Reopens in Mumbai
  03 July 2024, indianretailer.com
  Crepdog Crew (CDC) has relaunched its experiential store, CDC Experience, in Bandra West, Mumbai. Originally opened in May 2023, the store was rebuilt in just 53 days following a fire accident…
• Himalaya Wellness Brings Pure Cow Ghee Range for Babies
  03 July 2024, indianretailer.com
  Himalaya Wellness Company, a leading wellness brand in India, has launched a new Pure Cow Ghee Range specially formulated for babies with sensitive skin and newborns…
• Whiskers India Expands Retail Presence with Reliance’s Fashion Factory Partnership
  03 July 2024, indianretailer.com
  Whiskers India, a unisex grooming product brand, which has MTV Roadies celebrity Rannvijay Singha as its partner, announced a retail collaboration with Reliance’s Fashion Factory. This partnership aims to cater to over 100,000 lifestyle consumers through Fashion Factory’s 100+ outlets across India…
• Vedix and Shoppers Stop Launch Exclusive Shop-in-Shop in Bangalore
  03 July 2024, indianretailer.com
  Vedix, the world’s largest customized Ayurvedic personal care brand, has launched its first shop-in-shop (SIS) store in collaboration with Shoppers Stop at Garuda Mall, Bangalore…
• West Bengal government withdraws 2% stamp duty & 10% circle rate cut
  02 July 2024, realty.economictimes.indiatimes.com
  Sushil Mohta, President of CREDAI West Bengal and Chairman of Merlin Group, expressed gratitude to the state government for the relief measures but also urged the administration to reconsider the latest decision…
• Patanjali Foods to acquire Patanjali Ayurved’s home, personal care biz for Rs 1,100 cr
  02 July 2024, retail.economictimes.indiatimes.com
  In a regulator filing, Patanjali Foods informed that the board has approved the “acquisition of the entire non-food business undertaking i.e. hair care, skin care, dental care and home care carried out by PAL, including but not limited to all movable assets, immovable properties, contracts, licenses, books and records, employees and certain assumed liabilities of PAL through a slump sale arrangement on a going concern basis”…
• Former SoftBank managing partner Lydia Jett joins Flipkart board
  02 July 2024, retail.economictimes.indiatimes.com
  Lydia Jett previously joined Flipkart’s board as a representative of SoftBank in 2017. She had exited Flipkart’s board after stepping down as SoftBank’s managing partner in February this year. Meanwhile, Flipkart has been aiming for profitability amid changes in senior management and layoffs prompted by cost-cutting earlier this year…
• This festive season, mission is possible: Companies to stockpile weapons of mass consumption
  02 July 2024, retail.economictimes.indiatimes.com
  Manufacturers are gearing up for a surge in demand, anticipating a boost in sales for smartphones, refrigerators, wearables, and two-wheelers during the upcoming festive season. The industry is optimistic about growth, especially in rural India, with expectations of exceeding previous sales records…
• AI platform Bik.ai expands into global markets, onboards 500+ brands
  02 July 2024, retail.economictimes.indiatimes.com
  Full stack AI platform for e-commerce, Bik.ai has emerged as a leader in an all- all-in-one unified platform for campaigns, automations, and inbox for e-commerce brands…
• Amazon India doubles down on same-day delivery for Prime members
  02 July 2024, retail.economictimes.indiatimes.com
  Currently, Amazon Prime members get free unlimited same-day delivery on more than one million items and next-day delivery on more than four million items…
• GST brought relief to households with reduction in prices: FinMin
  02 July 2024, retail.economictimes.indiatimes.com
  The Goods and Services Tax (GST) has completed seven years of implementation, resulting in cheaper household items, improved tax compliance among businesses, and a wider tax base, according to the finance ministry. Since its introduction on July 1, 2017, replacing 17 local taxes, the GST has reduced tax rates on many household goods, increasing affordability for consumers…
• Mango Teen Expands with First International Stand-Alone Store
  02 July 2024, indianretailer.com
  Mango, a leading European fashion group, is advancing its Mango Teen line with significant international expansion. Three years after its launch, the Teen line has opened its first stand-alone store outside Spain, located in the United Kingdom…
• Davaindia Strengthens Uttar Pradesh Footprint
  02 July 2024, indianretailer.com
  Davaindia, India’s largest private generic pharmacy retail chain and a brand of Zota Healthcare Ltd, has announced the grand opening of its latest store in Lucknow…
• Top 15 Whisky Brands in India for 2024 | ABV%
  02 July 2024, indianretailer.com
  During the forecast period between 2024 and 2030, the size of India whisky market is projected to grow at a CAGR of 4.61% reaching a value of $28.97 billion by 2030…
• Top 10 Affordable Watch Brands in India for Every Style
  02 July 2024, indianretailer.com
  Finding a stylish yet affordable watch in India could not have been made easier than by the countless brands that cater to style-conscious as well as the budget-savvy customer…
• Does Cloud Computing Help Retail Businesses?
  02 July 2024, indianretailer.com
  Envision a retail environment where retailers anticipate your needs before you enter where checkout queues are obsolete and where each interaction feels customized just for you…
• 5 Biggest Shopping Malls in the World
  02 July 2024, indianretailer.com
  Shopping malls have become more than just places to shop. They’re entertainment hubs, social centers, and even tourist destinations…
• How ITC’s Omnichannel Expansion Doubled Market Reach in Two Years
  02 July 2024, indianretailer.com
  With rapid technological advancements and evolving consumer preferences, ITC Ltd. is standing at the forefront of driving change and innovation…
• Sumuka Agro Receives Approval for Merger with Gujjubhai Foods
  02 July 2024, indianretailer.com
  Sumuka Agro, a notable consumer food brand in India, has received the merger NOC from the Bombay Stock Exchange (BSE), paving the way for its strategic integration with Gujjubhai Foods…
• Benetton Group Names Claudio Sforza as CEO Following Shareholders’ Meeting
  02 July 2024, indianretailer.com
  The Benetton Group Srl Shareholders’ Meeting recently approved the 2023 financial statements and appointed a new Board of Directors consisting of Christian Coco (Chairman), Andrea Pezzangora, and Claudio Sforza…
• India’s Booming Retail Market: Major Trends & Outlook for 2024
  02 July 2024, indianretailer.com
  As India accelerates towards becoming the third-largest retail market in the world, 2024 is further poised to be a transformative year for the industry. Driven by rising disposable incomes, rapid urbanization, a burgeoning middle…
• How Textile Innovations are Shaping the Next Wave of Fashion in India
  02 July 2024, indianretailer.com
  Positioned at the cliff of a transformative journey, the Indian textile industry is poised to emerge at the forefront of the global landscape. Backed by its rich cultural heritage, the industry is all set to foray into the avenues of innovation, sustainability, and global integration…
• OKIE Ventures into Madhya Pradesh with Innovative Consumer Electronics
  02 July 2024, retail.economictimes.indiatimes.com
  OKIE Ventures, a prominent player in electronics manufacturing specializing in OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturer) solutions, has unveiled its strategic expansion into Madhya Pradesh…
• Pebble Introduces Wavebuds and Euphoria, Redefining TWS Segment
  02 July 2024, indianretailer.com
  Pebble, India’s fastest-growing smartwatch and audio technology brand, has bolstered its earbuds range with the introduction of Wavebuds and Euphoria…
• Japanese Shipping Major Mitsui O.S.K Lines Forays In Indian Real Estate
  01 July 2024, rprealtyplus.com
  Japanese shipping major Mitsui O.S.K. Lines, Ltd’s group company, Daibiru Corporation, has forayed into India’s real estate business with an investment of $123.5 million to join the Atrium Place Project, an office building development project near Delhi…
• F&B, quick commerce log 40-50% sales jump on T20 final night
  01 July 2024, retail.economictimes.indiatimes.com
  India’s nail-biting final match with South Africa on June 29 and the eventual historic victory drove up sales and revenues of food and beverage (F&B) companies as well as quick commerce firms. Merchant checkout network Simpl said it saw a nearly 40% increase in consumer spending on its platform during the match…
• Ola set to take on Blinkit and Swiggy Instamart
  01 July 2024, retail.economictimes.indiatimes.com
  Cab service provider Ola is all set to venture into grocery delivery. According to a report by Moneycontrol, Ola is set to leverage the Open Network for Digital Commerce (ONDC) platform to launch its services within the next few days. This move marks Ola’s third attempt at the online grocery delivery space…
• Big fat Indian wedding: At Rs 10 lakh cr, expenses second only to food & grocery
  01 July 2024, retail.economictimes.indiatimes.com
  The Indian wedding industry, worth around Rs 10 lakh crore (USD 130 billion), is second only to food and grocery. Hosting 8-10 million weddings annually, India leads globally. Weddings significantly impact multiple sectors, driving growth in jewelry, apparel, catering, and more. Despite economic classes, spending on weddings often exceeds education costs…
• Titan launches jewellery brand Tanishq in Bangladesh
  01 July 2024, retail.economictimes.indiatimes.com
  Titan Company announced its expansion into Bangladesh by launching its jewellery brand Tanishq through a joint venture with Rhythm Group. This initiative, aimed at bolstering its international presence, will begin with the establishment of a manufacturing facility in Narayanganj. Titan already operates 17 Tanishq stores across various international markets including the UAE, US, Qatar, Singapore, and Oman. ..
• Soon, cosmetics will be more transparent to all
  01 July 2024, retail.economictimes.indiatimes.com
  India’s drug regulator is considering mandatory inclusion of the international nomenclature of cosmetic ingredients (INCI) on all cosmetic product labels for better transparency and easier identification. The standardized INCI system will help consumers understand product compositions and aid dermatologists and regulators in tracking ingredient safety. The move aims to prevent confusion, facilitate compliance, and enhance the marketability of safe products…
• Second to none, thrifting set to outpace apparel market
  01 July 2024, financialexpress.com
  Sauntering through the lanes of Hauz Khas Village in Delhi, one can spot several stores—ordinary looking from the outside, but a treasure trove of one-of-a-kind clothes, shoes and accessories…
• “Our brand is about human connections and generating good times”
  01 July 2024, financialexpress.com
  Jacqueline Van Faassen, Premium Brands Director & Head of Innovation at United Breweries (Heineken India), spoke to FE’s Alokananda Chakraborty on the beer brand’s association with sports and how it has helped keep the excitement alive around the brand. Edited excerpts…
• Top brands bank on ‘imported’ sales events to boost demand
  01 July 2024, retail.economictimes.indiatimes.com
  Back to school sales in India have seen rapid growth over the last five to six years, with the event generating over a fourth of retail laptop sales. This trend is second only to the Diwali festive season’s contribution of 30-35%, according to industry estimates. Other ‘imported’ sales events include small business days, Black Friday, Cyber Monday, Mother’s Day, Father’s Day, and Valentine’s Day…
• Livspace launches premium brand Vinciago; plans 100 experience centres by 2024-end
  01 July 2024, retail.economictimes.indiatimes.com
  ​Saurabh Jain, Co-founder and CEO – India Operations, Livspace, said, “The opportunity that lies ahead is immense in growth and size and we are excited to be able to broaden our spectrum of offerings and cater to the premium homes segment.” The firm is planning to strengthen its retail footprint across India by opening 100 design experience centres (ECs)…
• Kalyan Jewellers Expands Retail Footprint with New Bengaluru Showroom
  01 July 2024, indianretailer.com
  Kalyan Jewellers, one of India’s most trusted and leading jewellery companies, has launched a new showroom in Banashankari, Bengaluru. This new showroom, featuring extensive designs from Kalyan Jewellers’ various collections, marks the company’s ninth location in Bengaluru…
• India’s Booming Retail Market: Major Trends & Outlook for 2024
  01 July 2024, indianretailer.com
  As India accelerates towards becoming the third-largest retail market in the world, 2024 is further poised to be a transformative year for the industry…
• Unlocking the Potential of Next-Generation Smart Fabrics
  01 July 2024, indianretailer.com
  In a world where technology is seamlessly integrated into every aspect of modern life, the textile industry remains no exception. As the wave of innovation continues to sweep through the ecosystem, the advent of smart fabrics represents a remarkable revolution…
• gobbleright Unveils New Line of Gut-Friendly, Gluten-Free, and Vegan Options
  01 July 2024, indianretailer.com
  Mumbai-based startup gobbleright has unveiled an exciting array of products tailored for health-conscious consumers seeking delicious yet nutritious alternatives…
• Rethinking Digital Strategies in a Phygital World
  01 July 2024, irecwire.com
  Instead of a full-scale overhaul, Indian QSRs could implement digital solutions gradually, starting with mobile ordering and loyalty programs, allowing for smoother transitions and customer adaptation…
• ArtBuzz Elevates Stays for Digital Nomads
  01 July 2024, indianretailer.com
  ArtBuzz, a young and innovative backpacker hostel chain, is transforming the way digital nomads and remote workers experience travel and work in India. Established just two years ago, ArtBuzz has already achieved…
• Kwality Foods Introduces Updated Packaging Design
  01 July 2024, indianretailer.com
  Kwality Foods, a prominent multi-brand food manufacturer, has launched a fresh look for its breakfast cereal packaging, marking a significant update in its product presentation strategy…
• How Superkicks is Driving Growth with Offline Expansion & Customer-Centric Innovations
  01 July 2024, indianretailer.com
  While the overall footwear category is extensive, with numerous options for women including sneakers, formals, heels, and open footwear, the premium sneaker segment remains relatively uncrowded…
• Cantabil Retail India: Improving outlook, expected budgetary sops to boost growth
  01 July 2024, moneycontrol.com
  CRIL is aiming to reach the Rs 1,000-crore revenue mark by mid FY2027, implying about 20 percent CAGR over the medium term…
• ITC packs a punch, beats Britannia in foods business
  29 June 2024, retail.economictimes.indiatimes.com
  ITC’s foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands such as Aashirvaad atta, Bingo potato chips and Sunfeast biscuits in the segment said in its latest annual report. This comprised both domestic sales and exports…
• ETRetail Shopfwd Awards: Celebrating Excellence in Fashion and Shopping Malls
  29 June 2024, retail.economictimes.indiatimes.com
  The ET Retail Shopfwd Awards 2024 served as a testament to the excellence prevalent in the fashion retail and shopping centres sector, celebrating the innovative and impactful contributions of brands and individuals…
• Amazon Fresh focuses on quality, consumer savings as it expands operations
  29 June 2024, thehindubusinessline.com
  Amazon Fresh’s is betting on its savings for consumers and superior quality of fruits and vegetables and planned purchases to command a significant market share, as the company expands its operations to 130 cities said a senior executive to businessline…
• 59% of German companies plan new investments in India this year
  29 June 2024, retail.economictimes.indiatimes.com
  India is becoming a favored investment destination for German companies, with 59% planning to increase investments this year. Expectations are high, with 78% anticipating rising sales and 55% forecasting higher profits. Factors driving this trend include low labor costs, political stability, and availability of qualified specialists…
• AABL to expand portfolio with launch of premium whiskey Hillfort and Kultur, entering 5 new states
  29 June 2024, thehindubusinessline.com
  Leading distillery Associated Alcohols & Breweries Ltd. (AABL) is set to launch its new premium whiskey Hillfort in markets across Maharashtra, Goa, Uttar Pradesh, Assam, and Tripura in the next six months…
• Tata Trent’s Samoh Launches Second Store in Bengaluru
  29 June 2024, indianretailer.com
  Samoh, the esteemed ethnic wear brand under Trent Ltd., has unveiled its second store in Bengaluru, located in the bustling neighborhood of Jayanagar…
• SAMOH Launches Its Second Outlet in Jayanagar, Bengaluru
  29 June 2024, indianretailer.com
  SAMOH, the sophisticated occasion wear brand under Trent, has unveiled its second store in the bustling Jayanagar neighborhood of Bengaluru. This new location represents a significant milestone in SAMOH’s mission to bring luxury fashion within reach of discerning fashion enthusiasts…
• Davaindia Opens New Store in Lucknow, Expanding North India Presence
  29 June 2024, indianretailerindiatimes.com
  Davaindia, India’s leading private generic pharmacy retail chain and a brand under Zota Healthcare Ltd, has opened its new store in Lucknow. This new outlet signifies a significant enhancement of Davaindia’s footprint in North India, now totaling 390 stores across the region…
• Scotch vs. Whisky: The Key Differences Explained
  29 June 2024, indianretailer.com
  Few drinks in the spirits world are as fascinating and exciting as Scotch or Whisky. These cherished beverages are not just about what’s in the glass—they’re about the stories they tell, the cultures they represent, and the art that goes into every drop…
• How OMA and Zwiesel Glas Aim to Redefine Home Luxury
  29 June 2024, indianretailer.com
  Luxury is not just about opulence; it is about transforming lives. This principle has been the guiding force behind the creation of OMA, a premier destination for luxury home accessories in India…
• Company Profile & Success Strategy of India’s Top Retailer
  29 June 2024, indianretailer.com
  DMart, the name that conjures images of overflowing grocery baskets and happy shoppers in India, is more than just a supermarket chain. It’s a retail revolution spearheaded by the enigmatic billionaire, Radhakishan Damani…
• The Evolution of E-commerce in India’s Fashion Industry
  29 June 2024, indianretailer.com
  E-commerce is revolutionizing the fashion landscape in India, making it more accessible and exciting than ever before. Fashion trends are no longer confined to high-end boutiques in major cities; now, with just a few clicks, consumers can explore and purchase from a vast array of high-end and value brands from the comfort of their homes…
• Livpure Partners with Blinkit to Offer Quick Delivery of Personal Air Coolers
  29 June 2024, indianretailer.com
  In a significant move for the retail industry in India, Livpure, a leading home and consumer appliance brand, has announced that the Livpure Chill 22-Litre Personal Air Cooler is now available on Blinkit, a prominent quick commerce platform…
• The Evolution of E-commerce in India’s Fashion Industry
  29 June 2024, indianretailer.com
  E-commerce is revolutionizing the fashion landscape in India, making it more accessible and exciting than ever before. Fashion trends are no longer confined to high-end boutiques in major cities; now, with just a few clicks, consumers can explore and purchase from a vast array of high-end and value brands from the comfort of their homes…
• Unlocking the Potential of Next-Generation Smart Fabrics
  29 June 2024, indianretailer.com
  In a world where technology is seamlessly integrated into every aspect of modern life, the textile industry remains no exception. As the wave of innovation continues to sweep through the ecosystem, the advent of smart fabrics represents a remarkable revolution…
• gobbleright Unveils New Line of Gut-Friendly, Gluten-Free, and Vegan Options
  29 June 2024, indianretailer.com
  Mumbai-based startup gobbleright has unveiled an exciting array of products tailored for health-conscious consumers seeking delicious yet nutritious alternatives…
• Kinwani House Expands Presence with Opening in Rishikesh
  29 June 2024, indianretailer.com
  Kinwani House, a luxurious boutique property nestled in the foothills of the Himalayas, celebrated its grand opening in Rishikesh. This architectural masterpiece, now part of the esteemed Aalia Collection by JPL Group under the guidance of Aditya Lakhanpal, opened its doors to guests seeking a blend of historical charm and modern comfort…
• Neeta Lulla Introduces Latest Collection ‘Leher’
  29 June 2024, indianretailer.com
  Renowned designer Neeta Lulla, celebrated for dressing Bollywood royalty and gracing countless red carpets, has unveiled her latest collection, “Leher.”..
• Clinikally Launches Same-Day Delivery in Partnership with Zippee
  29 June 2024, indianretailer.com
  Clinikally, India’s rapidly expanding e-pharmacy platform for skin and hair care, has recently announced a strategic partnership with Zippee to offer same-day delivery to its customers…
• FMC India Unveils New Plant Disease Solutions for Fruits and Vegetables
  29 June 2024, indianretailer.com
  FMC India, a leading agricultural sciences company, has announced the launch of two new products, VELZO and COSUIT fungicides. These innovative solutions are designed to protect fruit and vegetable crops from destructive fungal diseases right from the start of the crop cycle…
• Zomato launches platform to offer hiring, regulatory services to restaurants
  28 June 2024, retail.economictimes.indiatimes.com
  Zomato’s move comes a week after rival Swiggy launched a new feature on its partner app to connect restaurants with staffing experts as part of a new recruitment support initiative…
• Shopfwd Summit 2024: Paving the Future of Fashion Retail and Shopping Centres
  28 June 2024, retail.economictimes.indiatimes.com
  The ETRetail Shopfwd Summit 2024 in Mumbai, gathered an impressive assembly of the top minds in the fashion retail industry and shopping mall development. The event, attended by owners, MDs, and CXOs, showcased a series of discussions and panels aimed at deciphering the future trajectory of the retail sector…
• H&M to offer more discounts as it battles to revive sales
  28 June 2024, retail.economictimes.indiatimes.com
  On Thursday, H&M said external factors – such as material costs and currency moves – were making the 10% margin goal more difficult to reach this year, and that it needed to ramp up sales growth to get there…
• Coca-Cola elevates Arnab Roy to a global role
  28 June 2024, thehindubusinessline.com
  Coca-Cola has elevated Arnab Roy, who has been spearheading marketing at the India and Southwest Asia units, to a global role. Roy, who has been with the beverage major for over 23 years, has been named President of the Coca-Cola global category…
• Urban Company expects revenue of Rs 1,140 cr in current fiscal
  28 June 2024, retail.economictimes.indiatimes.com
  “Urban Company is now fully profitable at the company level. In April, we achieved this goal. For the April-June quarter, we are fully profitable. The 4 per cent PBT (profit before tax) that we had is at the company level and not at the India level. India is obviously much higher. The second largest market outside of India is the UAE which is almost at the cusp of profitability,” CEO Abhiraj Singh Bhal said…
• Japanese alcoholic beverage maker Suntory sets up India subsidiary
  28 June 2024, retail.economictimes.indiatimes.com
  Suntory India, led by Tak Niinami, expands its iconic beverage brands like Yamazaki and Jim Beam in India. With a revenue of USD 20.9 billion, Suntory aims to cater to India’s growing market through a wide range of offerings including spirits, wines, and beers…
• ONDC to touch 10 million transactions in June: official
  28 June 2024, retail.economictimes.indiatimes.com
  Shireesh Joshi, ONDC’s president said the company will touch 10 million transactions in June. ” We are growing strong, adding about one million transactions month-on-month,” he added. Joshi expressed hope that ONDC will surpass major ecommerce players like Flipkart and Amazon in future…
• H&M net profit jumps 52% in second quarter
  28 June 2024, retail.economictimes.indiatimes.com
  H&M posted on Thursday a 52% jump in net profit for the second quarter as the world’s second biggest fashion retailer pressed on with efforts to control costs. Sales rose by three percent to 59.6 billion kronor at the world’s second biggest fashion retailer after Zara owner Inditex…
• Q1 performance for PVR to be quite muted for FY25: Karan Taurani
  28 June 2024, retail.economictimes.indiatimes.com
  ​I think everything sits perfectly well for Kalki. So, the opening definitely is blockbuster. I think the trade and the checks are indicating that the response to this movie so far has been mixed. It is not completely positive or completely negative…
• Coke is still a challenger brand in India and that mindset helps: John Murphy, Global President, Coca-Cola
  28 June 2024, retail.economictimes.indiatimes.com
  “India is a good example. Today we talk about the opportunity in India, brand Coca-Cola is still a challenger brand in India. And it’s – one of the hardest tasks we have is to take on.” the beverages maker’s global president and chief financial officer, John Murphy, said at a recent consumer conference in Paris…
• Bosch weighs offer for appliance maker Whirlpool, sources say
  28 June 2024, retail.economictimes.indiatimes.com
  Bosch has been talking to potential advisers about the possibility of making an offer for Whirlpool, which has a market capitalisation of about $4.8 billion, one of the sources said…
• Titan Eye+ to resume expansion strategy amid growing eyewear market
  28 June 2024, retail.economictimes.indiatimes.com
  Titan Eye+, an eyewear retailer, will resume network expansion from July. The company, an arm of Titan, has over 900 stores across 350 cities and recorded earnings of INR 707 crore in fiscal year 2023-24. The company is aiming to expand its premium eyewear market share to 10% or less, with the launch of retail store Runway for premium sunglasses…
• Adani group to press the pedal on its retail play through super app
  28 June 2024, business-standard.com
  With an existing consumer base of 400 million across airports, electricity and gas distribution businesses, the Adani group is revving up its retail play. It is planning to use the 2.4 billion consumer interactions a year with group companies to push various products and services…
• Private consumption seen growing, concerns on capex growth: Morgan Stanley Research
  28 June 2024, retail.economictimes.indiatimes.com
  India’s Consumption growth has remained weak since the pandemic, recovering at a slow pace. Private consumption is recovering, with growth is tracking at 4% in the quarter ended March 31, 2024 as against 1.5% a year ago but it is just catching up to the pre-pandemic trend and remains below the pre-pandemic average of 6.3% in 2019…
• AC industry faces raw material shortage, supply chain issues: Bluestar MD
  28 June 2024, moneycontrol.com
  This year’s summer was a record-breaker in terms of the extent of the heat wave across large parts of the country. And while that normally spells good news for air conditioner manufacturers, the soaring demand has led to raw material shortages, according to Bluestar MD B Thiagarajan…
• Reliance Retail sets the ball rolling on delivery in an hour, starts pilot service in Mumbai, Navi Mumbai
  28 June 2024, retail.economictimes.indiatimes.com
  Reliance Retail’s Mumbai delivery service aims for quick fulfillment in 30-45 minutes, integrating with kirana stores for wider reach. The company is utilising technology platforms like FYND and Locus for efficient operations…
• Tata Sons hits pause on fresh funds till e-commerce, electronics businesses shape up
  28 June 2024, retail.economictimes.indiatimes.com
  “There is a strategic reason for not making any equity infusion even as organisational changes are being made,” said one of the persons. “However, new fund infusion will commence after the strategy and organisational changes for better operational efficiencies are in place.” Registrar of Companies (RoC) filings obtained through business intelligence platform Tofler show group holding company Tata Sons didn’t invest in Tata Digital in FY24…
• FMCG sector to have sustained growth rate of 7-9% in 2024: Report
  28 June 2024, retail.economictimes.indiatimes.com
  The FMCG industry was struggling after the pandemic and the rural sector was having successive degrowth for some quarters. However, the industry navigated through showcasing resilience and adaptability amidst evolving consumer trends and witnessed a notable upswing in volume and value growth in the second half of 2023…
• Livspace Unveils Vinciago to Tap into India’s Growing Premium Housing Market
  28 June 2024, indianretailer.com
  Livspace, a leading home and consumer appliance brand in India, has announced the launch of “Vinciago,” a premium interior design brand…
• Miraj Cinemas Expands in Tamil Nadu with New Multiplex in Chennai
  28 June 2024, indianretailer.com
  Miraj Cinemas, India’s fastest-growing and third-largest national multiplex chain, has launched a new four-screen multiplex at Sekaran Mall in Chennai. This expansion marks Miraj’s second property in Tamil Nadu, bringing its total to nine screens in the state…
• Columbia Sportswear Opens First Flagship Store in Delhi’s Connaught Place
  28 June 2024, indianretailer.com
  Columbia Sportswear, globally renowned for its outdoor apparel and gear, has announced the grand opening of its newest outlet in the heart of Delhi, Connaught Place…
• Baggit Opens 100th Store in Vijayawada
  28 June 2024, indianretailer.com
  Baggit, India’s leading eco-friendly handbag and accessory brand, announces the opening of its 100th store in Vijayawada, Andhra Pradesh. This new 400 sq. ft. store aims to cater to the growing demand for sustainable products in the region…
• How Online Shoppers are Splurging on Beauty Essentials
  28 June 2024, retail.economictimes.indiatimes.com
  The beauty industry, often relegated to the back of the shopping list, has finally found the spotlight. Emerging from the shadows, the new-age digital shopper today is seeking out the luxury of cosmetics and adding them to their carts first, before the practical items…
• Top 10 Men’s Clothing Brands Every Stylish Man Should Check Out
  28 June 2024, indianretailer.com
  Today it is not just women who like to style themselves, men are equally experimenting and trying on new fashion available in the market. Earlier, limited information, social and economic limitations and utilitarian needs were certain issues that restricted men from exploring their style…
• How to Start a Jewellery Business : 9 Steps to Market and Grow
  28 June 2024, indianretailer.com
  The global jewellery market, valued at $353.26 billion in 2023, is on a growth trajectory, expected to expand at a compound annual growth rate (CAGR) of 4.7 percent from 2024 to 2030…
• Cosmetics Craze: How Online Shoppers are Splurging on Beauty Essentials
  28 June 2024, indianretailer.com
  The beauty industry, often relegated to the back of the shopping list, has finally found the spotlight. Emerging from the shadows, the new-age digital shopper today is seeking out the luxury of cosmetics and adding them to their carts first, before the practical items…
• 4 Key Reasons to Drive Growth in Restaurant Biz
  28 June 2024, indianretailer.com
  The restaurant industry has undergone significant changes in the past ten years, mainly because of new technology and shifting guest preferences…
• Heinz and Kate Spade New York Launch Sizzling Capsule Collection
  28 June 2024, indianretailer.com
  Heinz and Kate Spade New York have announced an exciting global partnership, introducing a limited-edition collection just in time for summer…
• Nita M. Ambani Envisions India House as a Reflection of India’s Progress in the Olympics
  28 June 2024, retail.economictimes.indiatimes.com
  The upcoming Paris 2024 Olympics, just a month away, are poised to mark several historic milestones, with one particularly significant for India: the debut of India House, the first-ever country House at the Olympic Games…
• Madame Unveils Bridgerton Collection: Regency Meets Modern Fashion
  28 June 2024, indianretailer.com
  Madame, the premium womenswear fashion brand, has unveiled an exciting new collaboration with Shondaland at Netflix, launching a capsule collection inspired by the popular Bridgerton series…
• Starbucks Unveils Viral Stanley Cups in India
  28 June 2024, indianretailer.com
  In a groundbreaking collaboration, Stanley and Starbucks are set to make its debut in India, captivating consumers with the highly anticipated Stanley & Starbucks ash green collection…
• Air India and KidZania Launch ‘Junior Aviation Academy’ in Noida And Mumbai
  28 June 2024, indianretailer.com
  Air India, India’s leading global airline, in collaboration with KidZania, the globally acclaimed educational entertainment brand, has announced the launch of the Air India Aviation Academy at KidZania’s theme parks in Noida and Mumbai…
• Cheil India Blends Art and Music in Campaign for Samsung Galaxy Book4 Series
  28 June 2024, indianretailer.com
  Cheil India has launched a new campaign for the Samsung Galaxy Book4 series, showcasing the collaborative journey of popular artists Santanu Hazarika and Medha Shankr…
• The Fern Hotels and Resorts Appoints New Operations Managers
  28 June 2024, indianretailer.com
  The Fern Hotels and Resorts has announced the appointment of new Operations Managers at three of its properties, reinforcing its commitment to operational excellence and guest satisfaction…
• Hyatt Regency Jaipur Mansarovar Enhances Hyatt’s Presence in India
  28 June 2024, indianretailer.com
  Hyatt Regency Jaipur Mansarovar emphasizes Hyatt’s commitment to expanding its brand across urban and resort destinations in India…
• Sterling Holiday Resorts Launches Emerging Leaders Development Program
  28 June 2024, indianretailer.com
  Sterling Holiday Resorts, a prominent leisure hospitality brand in India, has announced its Emerging Leaders’ Development Program in collaboration with the Indian School of Hospitality (ISH)…
• Sheraton Grand Pune Welcomes New Front Office Manager
  28 June 2024, retail.economictimes.indiatimes.com
  Sheraton Grand Pune Bund Garden Hotel has appointed Sarfrazuddin Khan as its new Front Office Manager, reaffirming its commitment to delivering outstanding guest experiences…
• Shangri-La Eros New Delhi Launches In-House Water Bottling Plant ‘Essence’
  28 June 2024, indianretailer.com
  Shangri-La Eros New Delhi has introduced its in-house water bottling plant, ‘Essence’, in a strategic move to reduce its carbon footprint and enhance eco-friendly practices…
• Motilal Oswal Sets Rs 680 Target for Indian Hotels Co Ltd
  28 June 2024, indianretailer.com
  Motilal Oswal has recommended a buy call on Indian Hotels Company Ltd. with a target price set at Rs 680, compared to the current market price of Rs 638.3…
• Top 10 Men’s Clothing Brands Every Stylish Man Should Check Out
  28 June 2024, retail.economictimes.indiatimes.com
  Today it is not just women who like to style themselves, men are equally experimenting and trying on new fashion available in the market. Earlier, limited information, social and economic limitations and utilitarian needs were..
• How to Start a Jewellery Business : 9 Steps to Market and Grow
  28 June 2024, indianretailer.com
  The global jewellery market, valued at $353.26 billion in 2023, is on a growth trajectory, expected to expand at a compound annual growth rate (CAGR) of 4.7 percent from 2024 to 2030…
• How Online Shoppers are Splurging on Beauty Essentials
  28 June 2024, indianretailer.com
  The beauty industry, often relegated to the back of the shopping list, has finally found the spotlight. Emerging from the shadows, the new-age digital shopper today is seeking out the luxury of cosmetics and adding them to their carts first, before the practical items…
• Top 10 Retail Companies in India : Sector to Hit $1,407B by 2026
  28 June 2024, retail.economictimes.indiatimes.com
  The retail industry in India is essential for understanding customer preferences and company performance. Knowing the top retail companies in India, their IPO offerings, and current stock prices is crucial…
• Indian Consumers Prioritize Value-Conscious Buys Amid Experiential Spending Surge
  28 June 2024, retail.economictimes.indiatimes.com
  The retail landscape in India is undergoing a significant transformation, driven by shifts in consumer spending dynamics. The emphasis is moving away from traditional product-centric purchases towards experiences and localized innovation…
• How Superkicks is Driving Growth with Offline Expansion & Customer-Centric Innovations
  28 June 2024, indianretailer.com
  While the overall footwear category is extensive, with numerous options for women including sneakers, formals, heels, and open footwear, the premium sneaker segment remains relatively uncrowded…
• Prestige One Appoints Colliers Project Leaders For Quality & Delivery Standards
  25 June 2024, rprealtyplus.com
  Prestige One Developments, a leading name in real estate development, has officially appointed Colliers Project Leaders to bolster its engineering team’s efforts in ensuring exceptional quality and timely delivery of projects…
• Flipkart explored a deal with Swiggy for a pie of quick commerce
  25 June 2024, retail.economictimes.indiatimes.com
  Eight to ten months ago, discussions about a potential investment by Flipkart in Swiggy, two of India’s biggest internet companies in the consumer sector, were underway. This potential alliance was driven by the changing landscape of the market, particularly the rise of quick commerce. However, due to disagreements on valuation, the talks ultimately fell through…
• Shoppers Stop aims to open 60 new INTUNE stores in FY25
  25 June 2024, retail.economictimes.indiatimes.com
  Through INTUNE, Shoppers Stop aims to capitalise on mass premium opportunities, disrupting India’s value fashion landscape, according to the latest annual report of the K Raheja Corp group firm. “We are targeting 60 new stores in FY2024-25 backed by strategic investments in merchandising, store operations, and customer analytics capabilities,” the company said…
• Flour, TV, refrigerator, LPG become cheaper: PM Modi says GST resulted in ‘significant savings’ for poor, common man
  25 June 2024, retail.economictimes.indiatimes.com
  Prime Minister Narendra Modi lauded the impact of Goods and Services Tax (GST) during its seven-year tenure, highlighting its role in improving the lives of 140 crore Indians. He noted GST’s reduction in taxes on essential household items like flour and detergent, enhancing affordability for the common man…
• JioMart partners JASCOLAMPF and JHARCRAFT to showcase Jharkhand’s ingenious crafts
  25 June 2024, retail.economictimes.indiatimes.com
  With this collaboration, JioMart customers can discover and purchase GI-tagged products like famous wood products, bamboo products, dhokra artefacts, terracotta items, lac bangles, cotton handloom, applique work, zardozi work, tasar handloom sarees, men’s shirts, handcrafted bags, bed sheets, paintings and home decor products, the release read…
• IBJA appoints Aksha Mohit Kamboj as vice president
  25 June 2024, retail.economictimes.indiatimes.com
  IBJA appoints Aksha Mohit Kamboj as Vice President, the first woman in the gold and jewellery sector, effective June 22, 2024. Kamboj is an experienced expert in the field of bullion and jewellery. In her new role, Kamboj will play a pivotal role in shaping IBJA’s strategic initiatives, fostering industry collaborations, and advocating for the interests of members nationwide…
• Bata India appoints Neeru Gupta as general counsel to head it’s legal operation
  25 June 2024, retail.economictimes.indiatimes.com
  Meeru Gupta has been appointed as general counsel and head of legal at Bata’s local subsidiary. She brings over two decades of experience, including roles at Varun Beverages and Philips India…
• Swiggy’s revenue up 24% in calendar year 2023; quick commerce unit economics improve: Prosus
  25 June 2024, retail.economictimes.indiatimes.com
  “Swiggy’s core food delivery business GOV grew by double digits on healthy order growth and higher average order value. Operating leverage improved as the business added revenue streams like restaurant advertising and introduced nominal platform fees which supported improved operational profitability,” the Dutch-listed investment firm said in its annual report…
• Amul to launch organic tea, sugar & jaggery
  25 June 2024, thehindubusinessline.com
  The Gujarat Cooperative Milk Marketing Federation (GCCMF) is set to expand its “organic” product portfolio by launching Amul Sugar, Jaggery and Tea in the next one month…
• Consumer durables demand sparks bank lending boom in India
  25 June 2024, retail.economictimes.indiatimes.com
  The total portfolio of consumer durable loans across all regions has swelled from Rs 13,969 crore in March 2019 to Rs 40,432 crore by March 2024, indicating an overall growth rate of 190%…
• IKEA gears up for Delhi-NCR launch with strengthened supply chains, better demand forecasting
  25 June 2024, retail.economictimes.indiatimes.com
  A lot has been happening at Ikea. It’s never a dull moment right now. One thing that we are really looking forward to is our launch in the Delhi NCR market- said Saiba Suri, Country Customer Fulfilment Manager, IKEA India…
• Richa Ahluwalia Opens Store in Delhi’s Defence Colony
  25 June 2024, indianretailer.com
  In a grand unveiling, celebrated fashion designer Richa Ahluwalia has introduced her flagship store in the prestigious Defence Colony area of the national capital. This luxurious boutique is set to redefine the landscape of bridal fashion, offering an extensive array of opulent bridal lehengas and occasion wear…
• Snitch Opens 10th Store in Hyderabad
  25 June 2024, indianretailer.com
  Snitch has opened its 10th exclusive store in Hyderabad at Sarath City Capital Mall. This new store spans 3,400 square feet of retail space, aiming to provide an engaging shopping experience for fashion enthusiasts in the city…
• Bollywood Icons’ Brands Valued at $1.9 Billion in 2024! Guess Who’s Number One!
  25 June 2024, indianretailer.com
  Bollywood has always been hugely popular in India and has a significant impact on the lives of young people. Celebrities hold a lot of sway in the country, making it easy for them to enter the Indian retail market with their brands…
• Hansgrohe Group Targets 100 pc Paper Packaging by 2025
  25 June 2024, indianretailer.com
  The Hansgrohe Group plans to switch to paper product packaging in Germany by the end of 2025, opting for recyclable cardboard and paper elements instead of plastic. This move supports the increasing demand for sustainability in the retail and manufacturing sectors in India and globally…
• Sky Gold Ltd Acquires Starmangalsutra and Sparkling Chains
  25 June 2024, indianretailer.com
  Sky Gold Ltd, one of India’s leading jewelry companies, has acquired Mumbai-based Starmangalsutra Private Limited and Sparkling Chains Private Limited. This acquisition enhances Sky Gold’s market visibility and broadens its range of high-quality jewelry known for expert craftsmanship…
• Amul Plans to Broaden Product Range in U.S. Market
  25 June 2024, indianretailer.com
  The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the renowned Amul brand, is preparing to expand its product offerings in the U.S. market…
• Why Indian D2C Beauty Brands Are Thriving: 3 Key Factors Driving Success
  25 June 2024, indianretailer.com
  In recent years, the direct-to-consumer (D2C) beauty market has witnessed an unprecedented surge in growth, dispelling any notions of market saturation. So much so, that celebrities from across the globe have begun to dabble in this industry, launching their own beauty brands…
• ShopClues Expands Cross-Border E-Commerce to North America and Europe
  25 June 2024, indianretailer.com
  ShopClues, the Indian e-commerce platform owned by Singapore-based Qoo10, is advancing its rebranding efforts as a cross-border e-commerce platform by targeting the North American and European markets…
• Titan Unveils Expansion Plans for Tanishq, Taneira, and Other Brands This Year
  25 June 2024, indianretailer.com
  Tata Group’s Titan Company Ltd has announced ambitious expansion plans across its brand verticals, with a strong focus on the jewelry brand Tanishq and the saree label Taneira for this year…
• Ecommerce sellers count on cash-flow gains from GST cut
  24 June 2024, retail.economictimes.indiatimes.com
  Recommendations by the GST council aim to benefit suppliers on online platforms and real money gaming firms through tax changes, including a reduction in tax collected at source for electronic commerce operators…
• Actor Rana Daggubati introduces tequila brand Loca Loka in the US market; eyes breakeven in next 12 months
  24 June 2024, retail.economictimes.indiatimes.com
  Initially, the partners have invested US$5 million and plan to double the investment in the next one year…
• Polls and weather take a toll on smartphone sales in June quarter
  24 June 2024, retail.economictimes.indiatimes.com
  The smartphone market in the June quarter is likely to be tepid due to the impact of elections, heatwaves, and floods, leading some market experts to lower their growth outlook for 2024 smartphone shipments. Analysts expect a slowdown in Q2 shipments compared to Q1 due to fewer launches and adverse weather conditions. Counterpoint Research forecasts a 3-5% decline in Q2 shipments, with a revised annual forecast of 152 million units, reflecting a 3% year-on-year growth, down from the initial 5% growth prediction…
• AI’mpowering the Indian retail strategy
  24 June 2024, retail.economictimes.indiatimes.com
  It is established that retail stores also play an integral role in building trust in a brand in the country. And the success of retail chains and brands is equally pillared by customer support in tandem with product/services. This puts the idea of continuously working towards elevating customer experience and ensuring support at necessary touch points a cornerstone when formulating brand strategies…
• Sweet Profits, Bitter Reality: Who gains the most from the cocoa price surge?
  24 June 2024, retail.economictimes.indiatimes.com
  The cocoa industry is facing significant shifts as cocoa prices soar, driven by poor harvests in West Africa. While prices have surged to record highs, small-scale producers in regulated countries like Ivory Coast and Ghana see limited benefits due to pre-set prices. Meanwhile, less regulated countries like Cameroon and Nigeria gain more from market trends. Major processors struggle with high costs and production slowdowns…
• FSSAI plans 24-hour licence issuance for traders, distributors
  24 June 2024, livemint.com
  The Food Safety and Standards Authority of India (FSSAI) aims to expedite licensing for traders and distributors, and may soon start issuing licences within 24 hours of application, to improve ease of doing business…
• Daikin to sell 2 million units of AC in FY25, expand manufacturing capacity of compressors
  24 June 2024, retail.economictimes.indiatimes.com
  Daikin is focused on increasing its localisation level, leveraging the PLI scheme for the air conditioning sector. The company plans to enhance local manufacturing of PCB circuits to achieve this goal…
• Sustainable Future in Fashioning: The Emergence of Eco-Friendly Fabrics
  24 June 2024, indianretailer.com
  In an era marked by heightened environmental consciousness, the fashion industry is undergoing a significant transformation. The traditional approach to clothing production, which often prioritized profit over sustainability, is giving way to a more eco-conscious ethos…
• Camaro’s Expansion Plans Extend to the Western and Northern Regions
  24 June 2024, indianretailer.com
  Camaro, a well-established denim and casual wear brand hailing from the city, is charting a course for significant growth with plans to extend its footprint into the western and northern regions of India…
• Denim Beyond Definition: Lee X Suneet Varma Collection
  24 June 2024, irecwire.com
  Tailored for a youthful audience, the collection seamlessly integrates Suneet Varma’s signature style with denim essentials, ensuring both artistic integrity and market appeal…
• Those Good Distillers Launch Premium Sipping Rum IDAAYA in India
  24 June 2024, indianretailer.com
  Amidst the resurgence of rum, Those Good Distillers introduce IDAAYA in India, a premium sipping rum rooted in ancient Indian wisdom and crafted in the Himalayas…
• Prestige Estates to raise $598.6 million
  22 June 2024, realty.economictimes.indiatimes.com
  The Indian real estate developer added its board has approved the monetization of its hospitality assets through a share issue and has formed a sub-committee to oversee the process…
• Not e-comm alone, one has to be in modern trade, in kirana stores also to build scale: Sunil D’Souza, Tata Consumer
  22 June 2024, retail.economictimes.indiatimes.com
  Today’s consumer who is coming of age is the consumer who is born in a liberalised India. They have seen an India which is confident, growing with an accelerating GDP. So, these consumers are very confident of going out and spending. It is not only premiumisation, the consumer will move to value also MD & CEO Sunil D’Souza of Tata Consumer said…
• FMCG spends up 18% in two years due to inflation- Kantar
  22 June 2024, retail.economictimes.indiatimes.com
  “Inflation might have slowed down to acceptable levels, but its effects are not lost on the consumer. Groceries are the biggest household expense, accounting for over 24% of all quarterly expenses in a household. The spending on the category increased by 19%. This means since the last round, the jump in household spending translates to Rs 2,000 quarterly,” said the Kantar report…
• Online phone sales pick up in April, may hot up in summer
  22 June 2024, retail.economictimes.indiatimes.com
  Online smartphone sales surged in April after a dip in Q1 2024, driven by Chinese brands shifting focus to online channels, as reported by Counterpoint Research…
• Indian jewellery sector revenue shoots up by over Rs 1 lakh crore in 5 years: Report
  22 June 2024, retail.economictimes.indiatimes.com
  India’s jewellery retail sector has recorded rapid growth in the last five years surging from Rs 5,04, 400 crore in 2019 to 6,40,000 crore in 2024 on the back of rising incomes in the economy and greater trust in the products due to hallmarking, according to a Motilal Oswal report…
• Premium luggage maker Eume raises Rs 15 crore in funding round led by Ashish Kacholia
  22 June 2024, retail.economictimes.indiatimes.com
  Eume plans to open its first flagship store this year, starting in Mumbai and tapping the aspirational population in tier II and III cities are among the company’s top priorities. The Mumbai-based luxury brand offer diverse products like luggage, vegan handbags, and accessories, among others. Eume’s sales are split equally between its own website and marketplaces…
• HUL sees modest volume growth in FY25, signalling some respite for demand-starved FMCG sector
  22 June 2024, livemint.com
  Demand for packaged consumer goods has slowed significantly amid rising prices, but Hindustan Unilever Ltd anticipates a modest growth in its volumes this financial year, signalling somewhat improved prospects for the rest of the industry…
• Brain ‘drain’ turning to ‘gain’, India Inc should step up: HUL Chairman
  22 June 2024, retail.economictimes.indiatimes.com
  HUL chairman Nitin Paranjpe discussed the importance of retaining talent in India and mentioned the rising trend of ‘brain-gain’ during the company’s annual general meeting…
• Zomato launches ‘cool new’ real-time order counter, Deepinder Goyal reveals massive 250,000 orders by 11am
  22 June 2024, livemint.com
  launched a new feature which allows users to check the number of live orders in its app, announced Deepinder Goyal, CEO Zomato in a post on X (formerly known as Twitter). The users can now see the number of orders placed all over India…
• Indians think size matters – when it comes to washing machines
  22 June 2024, retail.economictimes.indiatimes.com
  High-capacity washing machines with 9kg+ capacity are gaining popularity in Indian homes, driven by the need to reduce washing cycles and weekend laundry routines. Manufacturers like Whirlpool and BSH are responding with new models and increased production. Market data shows a shift towards higher-capacity units, reflecting changing consumer preferences and optimizing laundry routines…
• DriveX Expands Offline Presence with Six New Stores in Southern India
  22 June 2024, retail.economictimes.indiatimes.com
  DriveX, India’s leading fully integrated pre-owned two-wheeler platform, has announced the opening of six new stores across Karnataka and Tamil Nadu. This expansion represents a significant milestone in their efforts to offer high-quality automotive solutions to more customers in Southern India…
• Top 10 Air Coolers Brands in India: Stay Cool and Save Big!
  22 June 2024, indianretailer.com
  The current heatwave, affecting every part of our lives, has only one solution – a cool breeze until the rain arrives. But why suffer through the relentless heat and rising electricity bills when the perfect solution is within…
• Bakingo Targets QSR Format Bakery Stores across India by 2025
  22 June 2024, indianretailer.com
  In an era where micro-moments and personalized celebrations are the norm, Bakingo stands out as a premier destination for delectable cakes and desserts. Catering to a diverse audience, from young college-goers to mothers planning family celebrations, Bakingo has established itself as a brand synonymous with quality, convenience, and personalization…
• Retail’s Big Show Asia Pacific Wraps Up with Stellar Attendance & Resounding Impact on Retail Future
  22 June 2024, indianretailer.com
  The inaugural NRF 2024: Retail’s Big Show Asia Pacific, organized by the National Retail Federation (NRF) in collaboration with global event organizer Comexposium, concluded successfully, making a significant impact on the future of retail…
• Admiral Partners with Flipkart to Enter Indian Retail Market
  22 June 2024, indianretailer.com
  Admiral, a distinguished American brand with a 90-year legacy in Appliances and Electronics, is celebrating ‘9 decades of Excellence’ this year. The brand is excited to announce its entry into the Indian market in collaboration with Flipkart, a leading retail platform…
• How Omnichannel Strategies Revolutionize Customer Experience
  22 June 2024, indianretailer.com
  Technologies are constantly evolving and further revolutionizing how customers purchase products and services online and offline. The introduction of e-commerce in the 2000s began the online shopping revolution…
• Camaro’s Expansion Plans Extend to the Western and Northern Regions
  22 June 2024, indianretailer.com
  Camaro, a well-established denim and casual wear brand hailing from the city, is charting a course for significant growth with plans to extend its footprint into the western and northern regions of India…
• GRM Overseas Plans Rs 136.5 cr Fund-Raise to Expand 10X Brand in India
  22 June 2024, indianretailer.com
  GRM Overseas, a prominent exporter of Indian basmati rice and a leading player in India’s food FMCG sector, has announced its board’s approval for a fund-raise of Rs 136.5 crore through the issuance of share warrants…
• Anushka Khanna Unveils Vibrant Summer Line ‘To Dye For’
  22 June 2024, indianretailer.com
  Anushka Khanna, the Mumbai-based designer renowned for her vibrant use of color and intricate prints, has launched her latest summer collection, ‘To Dye For’. This collection celebrates the essence of everyday beauty and the transformative power of color in our lives…
• Whiskey, Rum, and Beyond: Alco-Bev Brands Embrace Digital Transformation
  22 June 2024, irecwire.com
  The alco-bev sector is experiencing a dynamic transformation, driven by innovative consumer engagement strategies, navigating regulatory complexities, and the rise of D2C models…
• Daibiru Corporation invests Rs 1,000 crore in Gurugram building
  21 June 2024, realty.economictimes.indiatimes.com
  This investment facilitated the exit of Abu Dhabi Investment Authority (ADIA), with Hines holding a 33% stake in the joint venture. The project, named Atrium Place, spans 2.88 million square feet across 11.76 acres and is slated for completion in 2025…
• Aim to reduce marketing spends to under 20% of revenue: Good Glamm’s Darpan Sanghvi
  21 June 2024, retail.economictimes.indiatimes.com
  “My long-term goal in the next two years is to bring marketing spending down to under 20% of revenue. So, my aim is to be a 25% EBITDA company three years after listing and the only way to do that is if my marketing spend is around 20% of revenue.” founder and CEO Darpan Sanghvi said…
• Shoppers Stop to launch Armani makeup range, exclusive Armani boutique stores in India
  21 June 2024, retail.economictimes.indiatimes.com
  “In the next 2-4 months, we will be opening 2 Armani boutiques in cities like Mumbai and Delhi and we will further open 5-6 shop-in-shops by December in beauty stores in Shoppers Stop, SSBeauty, Tira, Nykaa, and Sephora,” Biju Kassim, CEO of beauty at Shoppers Stop said…
• Gokaldas to invest Rs 300 cr in Maharashtra fabric unit ahead of possible buyout
  21 June 2024, retail.economictimes.indiatimes.com
  Gokaldas Exports Ltd (GEX), based in Bengaluru, has announced a strategic partnership with BRFL Textiles, a fabric processing company located in Tarapur, Maharashtra. This collaboration involves GEX making an initial investment of Rs 50 crore in BRFL through Optionally Convertible Debentures (OCDs), with a potential total investment of up to Rs 300 crore in phases. The agreement may lead to a merger between the two entities within a year…
• Homegrown toy startup Jammbo eyes a revenue of Rs 150 crore in FY25
  21 June 2024, retail.economictimes.indiatimes.com
  Jammbo, founded in 2023, presently has about 50 products in its portfolio, focusing on ride-on battery toys such as electric cars and bikes. It aims to expand its portfolio to over 200 products by the end of the current fiscal year. The startup has set up its global presence by entering the UAE market. Further, it plans to expand to the U.S. and the U.K. markets this fiscal…
• D2C startup Miraggio to go offline; eyes Rs 100 cr sales this fiscal
  21 June 2024, retail.economictimes.indiatimes.com
  “Miraggio’s success is because of the space that we have created. The handbag market is defined into two segments – below Rs 2,000 and above Rs 6,000 price point. However, the Rs 2,000 to 6,000 bracket is empty. Additionally, post-pandemic the buying preferences of consumers have changed and now the aspirational customer is not limited to tier 1. And in this space, we are the first mover,” founder and CEO Mohit Jain said…
• A third of the 30 fastest growing spirits brands in the world are Indian: Drinks International
  21 June 2024, retail.economictimes.indiatimes.com
  ​With 100 million people expected to enter the age bracket for legal alcohol consumption in the next five years, most global firms, including Diageo and Pernod Ricard, count India among their top three priority markets…
• India most attractive consumer market across the globe: Fibonacci X report
  21 June 2024, retail.economictimes.indiatimes.com
  India is emerging as the most attractive consumer market globally, with consumption trends merging with large cities. The services sector is expected to drive strong economic growth, and India is poised to be a global hotspot for economic growth. Manufacturing growth has remained stagnant, but future growth depends on new policy initiatives…
• Household spending on food has dropped, increase in non-food items’ expenditure: NSSO survey
  21 June 2024, retail.economictimes.indiatimes.com
  Household spending on food has decreased, with an increase in non-food items’ expenditure, as per the NSSO survey. Rural areas saw a 164% spending increase since 2011-12.3..
• Titan Expands Retail Footprint in Chennai with New Brand Outlets
  21 June 2024, indianretailer.com
  Titan Company Ltd has announced a significant expansion of its retail presence in Chennai, India, with the opening of new brand outlets across its diverse product portfolio…
• Wildcraft India Partners with Swiggy Instamart and Zepto for Back-to-School Season
  21 June 2024, indianretailer.com
  As schools and colleges gear up for the Back to School/Campus season, Wildcraft India, a leading outdoor brand in the retail sector, has announced a strategic partnership with top quick commerce platforms Swiggy Instamart and Zepto…
• Nikon India Unveils Z6III Mirrorless Camera with Advanced Features
  21 June 2024, indianretailer.com
  Nikon India Private Limited, a wholly-owned subsidiary of Nikon Corporation, introduced the highly anticipated Z6III camera in India at an event held at Eros Hotel, Nehru Place, New Delhi. Reinforcing its commitment to the full-frame mirrorless camera market, Nikon India aims to redefine videography and photography with this new release…
• Tramontina Launches in Mumbai with a Bang, Goes Omnichannel from Day One
  21 June 2024, indianretailer.com
  Tramontina, the globally-trusted houseware brand with a 113-year legacy of quality and innovation, has officially launched in India with an exclusive event in Mumbai…
• ‘Tier II and III Cities are Fueling Beauty Boom’, Mansi Sharma of Boddess Beauty
  21 June 2024, indianretailer.com
  The rise of Indian beauty consumerism can be directly related to the new-age adage that self-care is synonymous with empowerment. Post-COVID, this transformation has accelerated, driven by a surge in digital-first approaches…
• Isntree Debuts on Nykaa with Exclusive Partnership in India
  21 June 2024, indianretailer.com
  In a significant retail development for India, Isntree, a popular South Korean green beauty brand, is launching exclusively on Nykaa, the country’s leading beauty and lifestyle platform. Known for its eco-friendly practices and dedication to sustainability, Isntree aims to provide effective skincare solutions rooted in nature…
• The Moon Store Unveils Freeze-Dried Mango and Strawberry Fruit Flavors
  21 June 2024, indianretailer.com
  The Moon Store, a renowned health food brand has expanded its range of freeze-dried fruits to include mango and strawberry. This summer, both children and adults can relish the juicy sweetness of mango and the tartness of…
• Clay Craft India Debuts AI-Enhanced Porcelain Tableware Range
  21 June 2024, indianretailer.com
  Clay Craft India Private Limited, a leader in the ceramic tableware industry, has launched India’s first digitally printed ceramic tableware collection, TEXTURES…
• Etchcraft Emporium Debuts 50 Exclusive Bracelets For Men And Women
  21 June 2024, indianretailer.com
  Etchcraft Emporium, known for its pioneering instant customization and engraving services, has rolled out its latest collection of 50 men’s and women’s bracelets, aiming to elevate personal style and expression…
• Asaya Beauty Hits $1.5 Mn Mark in Seed Funding
  21 June 2024, indianretailer.com
  Asaya, a leading skincare brand specializing in products for melanin-rich skin, has raised 12 crore (US$ 1.5 million) in seed funding. The funding round was led by OTP Ventures and Huddle Ventures, with additional investments from Eternal Capital…
• Go Zero Raises $1.5 Mn in Pre-Series A Funding
  21 June 2024, indianretailer.com
  Ice cream brand Go Zero has secured $1.5 million in a follow-on pre-Series A funding round which was led by existing investors DSG Consumer Partners, Saama Capital, and V3 Ventures, among others…
• Mom & pop stores vs new kids on the block
  20 June 2024, retail.economictimes.indiatimes.com
  Tech-enabled players running self-service outlets like Frendy, SuperK, and Kirana King are challenging traditional kirana stores post-Covid. These modern trade stores have digital apps for orders and sourcing, contributing 4% to FMCG sales and up to 10% in premium categories…
• We are looking at 30 pc CAGR for Zoya over next 3 years: Titan’s Ajoy Chawla
  20 June 2024, retail.economictimes.indiatimes.com
  ​The brand, which closed the last fiscal little shy of Rs 300 crore is eying to hit the Rs 1,000 crore mark over the next 4-5 years…
• Virat Kohli and Accel-backed WROGN gets Rs 125 crore from Aditya Birla’s TMRW
  20 June 2024, retail.economictimes.indiatimes.com
  TMRW House of Brands, a venture of Aditya Birla Group, has invested Rs 125 crore in WROGN, a youth brand in casual wear founded by Anjana and Vikram Reddy in 2014. The investment adds another leading fashion brand to TMRW’s portfolio, enhancing WROGN’s growth trajectory in the competitive fashion industry…
• Consumer Affairs Secy cautions e-commerce on ‘unfair’ dark patterns
  20 June 2024, retail.economictimes.indiatimes.com
  The Department of Consumer Affairs, which notified guidelines to prevent dark patterns in November 2023, has specified 13 such designs, including false urgency alerts, subscription traps, bait-and-switch pricing and nagging tactics…
• No consistency in displaying labels of star-rated ACs, fans on e-commerce sites, says study
  20 June 2024, thehindubusinessline.com
  Sweltering temperatures have pushed up the need for consumers to go online either to buy or research for energy-efficient air-conditioners (ACs) and ceiling fans. However, a study reveals that there is no consistency in listing of star-labels by e-commerce platforms…
• Flipkart, Amazon ramping up their beauty business, eye small-town shoppers
  20 June 2024, livemint.com
  E-commerce giants like Flipkart and Amazon are aggressively expanding their beauty and personal care (BPC) business…
• Groceries being delivered in Gurugram through drones, along with healthcare supplies: Skye Air CEO
  20 June 2024, retail.economictimes.indiatimes.com
  “We started with two drones and now our company has 30 drones. If you compare it with traditional methods, drones have countless advantages, especially in busy urban areas like Gurugram. First of all, drone delivery provides fast and efficient services as it is able to easily bypass traffic. This not only reduces delivery time but also eliminates traffic congestion and carbon emissions, promoting a sustainable and environmentally friendly logistics solution,” Skye Air CEO Ankit Kumar said…
• Jewellery business shift to organised market: What’s the way to do it?
  20 June 2024, retail.economictimes.indiatimes.com
  The jewellery sector in India is experiencing a shift towards formalisation, with the organised market growing rapidly. Players need to focus on inventory management and customer experiences for success. Top retailers are expanding into new geographies, with a franchise model proving successful. Market trends indicate a significant move towards branded jewellery purchases…
• Luxury sales are flattening amid creativity crisis
  20 June 2024, retail.economictimes.indiatimes.com
  Sales of personal luxury goods grew by four per cent to 362 billion euros (about USD 388 billion) from 349 euros in 2022, due largely to a resurgence of U.S. and Asian tourism to Europe fueling purchases. Add in luxury travel, fine art, cars and yachts, the vast global luxury market expanded to 1.5 trillion euros last year – highlighting a trend toward experiences over tangible goods…
• Retailers report only 3% growth in sales in May
  20 June 2024, retail.economictimes.indiatimes.com
  Retail businesses across regions have indicated growth in sales compared to May 2023, with South India showing the highest increase at 4%, followed by East and West India at 3% each, and North India at 2%…
• More food processing units across country will boost farmer income, generate employment: Chirag Paswan, Minister of Food Processing
  20 June 2024, retail.economictimes.indiatimes.com
  “India’s food processing capabilities have immense potential. Unfortunately, still we haven’t even tapped 10% of the sector’s potential. Both international and local markets have immense possibilities in store for our food processing sector,” Chirag Paswan, Union Minister of Food Processing Industries Paswan noted…
• Unrelenting heat sets AC demand on fire, scorches buyers’ pockets as India’s torrid summer goes on and on
  20 June 2024, retail.economictimes.indiatimes.com
  As an unprecedented heat wave drives much of India indoors, AC prices have shot up in most regions of the country. Along with prices, sales too have jumped conspicuously. For some players, keeping pace with rising demand has become quite a task, leading to shortages in several parts of the market…
• Richa Ahluwalia Opens Flagship Store in Defence Colony
  20 June 2024, indianretailer.com
  Fashion designer Richa Ahluwalia has opened her flagship store in Defence Colony, New Delhi, according to a press release. This new venture aims to strengthen her presence in the retail market in India…
• ShopClues’ $12 Mn Export Run Rate Set to Skyrocket to $100 Mn by Year-End
  20 June 2024, indianretailer.com
  Founded in 2011, ShopClues started with a mission to provide a seamless shopping experience, offering a vast array of products across numerous categories. Over the years, it has grown exponentially, catering to millions of customers and sellers alike…
• Top 10 Sports Shoe Brands in India
  20 June 2024, indianretailer.com
  India’s sports footwear market is experiencing an unprecedented surge, driven by a growing fitness consciousness, a burgeoning fashion influence, and significant technological advancements…
• Wholesale vs. Retail: What’s the Difference in 2024?
  20 June 2024, indianretailer.com
  The global wholesale market has experienced robust growth in recent years, with its size projected to increase from $49,488.7 billion in 2023 to $53,017.84 billion in 2024, reflecting a CAGR of 7.1 percent…
• Flipkart Opens New Grocery Fulfillment Center in Jaipur to Meet Rising Demand
  20 June 2024, indianretailer.com
  Flipkart, India’s leading e-commerce marketplace, has launched a new grocery fulfillment center (FC) in Jaipur, Rajasthan, enhancing its retail capabilities and commitment to consumer preferences…
• How India Plans to Achieve 8% GDP Growth in FY25
  20 June 2024, indianretailer.com
  India’s economy is set for a significant upswing, with an estimated GDP growth of 8 percent in FY25, according to newly elected CII President Sanjiv Puri. This projection was based on the expectation of next-generation reforms being implemented in a mission mode…
• Coca-Cola India Introduces 100 pc Recycled PET Bottles in Orissa
  20 June 2024, indianretailer.com
  Coca-Cola India is taking a significant step towards promoting a circular economy with the launch of Coca-Cola in ASSP (Affordable Small Sparkling Package) using 100 percent recycled PET (rPET) in 250ml bottles, starting in Orissa…
• Top 10 Beers under Rs 400 in India: Sip without Splurge
  20 June 2024, indianretailer.com
  India’s beer scene offers a wide variety of flavors, ranging from crisp lagers and robust ales to velvety stouts and zesty wheat beers. This sector blends traditional brews with modern choices, making it an interesting area to explore…
• It was ‘closing’ time for many retailers in FY24; V-Mart, W, Aurelia among cos that downed more shutters
  19 June 2024, retail.economictimes.indiatimes.com
  Retail chains like Pantaloons, Spencer’s Retail, and Nature’s Basket have closed down more stores in 2023-24 than they opened new ones, leading to a drop in their total store count. V-Mart Retail, W, Aurelia, and Titan Eye+ had higher store closures than openings in the January to March quarter. Pantaloons store count dropped from 431 in FY23 to 417 in FY24, with 33 stores closed to improve network quality…
• Helios to increase revenue share of premium Swiss watches by 10 pc
  19 June 2024, retail.economictimes.indiatimes.com
  The brand, which offers 10 premium brands like Swarovski, Victorinox, Movado, Frederique Constant, Versace, Tissot, Balmain, and Xylys, has recently expanded its portfolio further by introducing Charriol, Swiss luxury watchmaker to the Indian market through an exclusive partnership…
• Cricketer Muttiah Muralitharan to scale up investments in his Chamarajnagar soft drink unit
  19 June 2024, retail.economictimes.indiatimes.com
  Sri Lanka’s cricket icon Muttiah Muralitharan met with Industries Minister MB Patil to discuss plans for expanding his soft drink manufacturing business in Karnataka. Muralitharan aims to increase investments in his greenfield unit located in Chamarajanagar district, initially planned at Rs 1000 crore, to Rs 1400 crore. He also expressed commitment to his project in Dharwad for manufacturing beverage cans…
• Amazon announces expansion of its grocery service unit to over 130 cities
  19 June 2024, retail.economictimes.indiatimes.com
  “Amazon Fresh is reshaping grocery shopping in India. We bring fresh produce and daily essentials right at the doorsteps of our customers across 130 cities in India. Our expansion and focus on quality products demonstrate our commitment to serve customers and offer them the best online shopping experience for fresh produce and daily essentials. Further, customers can avail benefits from cashback, offers, and bank discounts, adding value to their every purchase.”Srikant Sree Ram, Director, Amazon Fresh IN said…
• Third Wave Coffee will add over 50 stores, expand to new cities: CEO Rajat Luthra
  19 June 2024, retail.economictimes.indiatimes.com
  Third Wave Coffee, backed by Westbridge Capital, plans to open 50 new stores in existing markets like Bengaluru, Delhi-NCR, Mumbai, and Hyderabad, with a focus on Chennai, as stated by new CEO Rajat Luthra…
• Asian Palm Oil Alliance urges HUL to reconsider its decision to reduce use of palm in soaps by 25%
  19 June 2024, retail.economictimes.indiatimes.com
  ET had reported that HUL is reducing use of palm and its derivatives in soap by 25% to offset volatility in commodity prices as well as for environmental reasons…
• Radico Khaitan brings Rampur Asava whisky to Indian markets
  19 June 2024, thehindubusinessline.com
  Starting with Uttar Pradesh this June, where Rampur Asava Indian Single Malt Whisky will be priced at ₹10,000, the company will expand its launch in States like Delhi, Chandigarh, Punjab, Uttarakhand, Haryana, Telangana and Goa throughout the fisca…
• Maggi sells 6 billion servings, KitKat 4.2 billion fingers in FY24: Nestle
  19 June 2024, financialexpress.com
  Packaged foods major Nestle India delivered over six billion servings of instant noodle brand Maggi and 4.2 billion fingers of chocolate wafer brand KitKat to consumers in FY24, the company disclosed in its latest annual report…
• Kingfisher names Bhavesh Mistry as the next CFO
  19 June 2024, retail.economictimes.indiatimes.com
  Kingfisher Plc, a home improvement retailer, on Monday named British Land finance chief Bhavesh Mistry as its next CFO to replace Bernard Bot who will retire…
• Levi’s Opens Largest Store in India at New Delhi’s Pacific Mall
  19 June 2024, indianretailer.com
  Levi Strauss and Co. has launched its newest Levi’s store in Pacific Mall, Tagore Garden, New Delhi. This 9,150 square feet (approximately 850 square meters) store stands as the largest Levi’s outlet in India and the biggest within a mall globally…
• Balenzia Socks Opens New Store at Jolly Grant Airport
  19 June 2024, indianretailer.com
  Balenzia Socks, India’s leading socks brand, has opened its latest retail store at Jolly Grant Airport in Dehradun. Located in the newly launched terminal, the store aims to meet the diverse needs of both travelers and locals…
• How the Plant-Based Products Market Is Winning Investors’ Favor
  19 June 2024, indianretailer.com
  The plant-based ingredients sector is undergoing a transformative evolution, driven by a significant shift in consumer preferences and innovative advancements within the industry…
• How is B2C Marketing Different from B2B Marketing in Retail?
  19 June 2024, indianretailer.com
  In the dynamic world of retail, understanding the fundamental differences between B2B (business-to-business) and B2C (business-to-consumer) marketing is crucial for businesses aiming to thrive in their respective markets…
• Tramontina’s Retail Blitz: 100 Smart Cities, 800 Touchpoints Set for Kitchenware Takeover
  19 June 2024, indianretailer.com
  With over a century of legacy steeped in precision and passion, Tramontina, the Brazilian houseware brand, renowned globally for its premium cookware, has set its sights on India, marking a significant milestone in its storied history…
• How the Plant-Based Products Market Is Winning Investors’ Favor
  19 June 2024, indianretailer.com
  The plant-based ingredients sector is undergoing a transformative evolution, driven by a significant shift in consumer preferences and innovative advancements within the industry…
• Top 10 Makeup Brands to Help You Stay Waterproof This Summer
  19 June 2024, indianretailer.com
  The global cosmetics market, valued at $374.18 billion in 2023, is projected to nearly double, reaching $758.05 billion by 2032. As the market expands, consumers face unique challenges, particularly finding best makeup during the scorching summer months…
• Mango Strengthens Homeware Line with New Leadership
  19 June 2024, indianretailer.com
  Mango, one of Europe’s leading fashion groups, is expanding its homeware line with the appointment of Nuria Font as the new Director of Mango Home…
• AWWG and G-III Apparel Group Announce Strategic Partnership to Enhance Global Growth
  19 June 2024, indianretailer.com
  Leading global fashion group AWWG has announced a new strategic and investment partnership with G-III Apparel Group, acquiring an approximate 12 percent ownership stake in AWWG…
• Helios Adds Charriol to Its Luxury Lineup
  19 June 2024, indianretailer.com
  Helios has announced an exclusive partnership with Charriol, the Swiss luxury watchmaker, marking a significant expansion of its international offerings in the Indian retail market…
• Nykaa Unveils Growth Plans and Success Story at Annual Investor Day 2024
  19 June 2024, indianretailer.com
  Nykaa, India’s premier omnichannel beauty and fashion retailer, recently showcased its impressive growth trajectory and ambitious future strategies at the Annual Investor Day 2024…
• Coca-Cola offers a $1-billion swig to India Inc families
  18 June 2024, retail.economictimes.indiatimes.com
  Coca-Cola India is seeking to sell a minority stake in its subsidiary, Hindustan Coca-Cola Beverages, following PepsiCo’s model of outsourcing bottling operations to Varun Beverages Ltd…
• Ananta Capital acquires 55 pc stake in Anveya Living for an undisclosed amount
  18 June 2024, retail.economictimes.indiatimes.com
  “The fresh capital infused in the business will be utilized towards development and launch of new products across hair and skincare categories and expand in the global markets,” said Vivek Singh and Saurav Patnaik, co-founders of Anveya Living…
• Vivo set to open Rs 3,000-cr India facility in July
  18 June 2024, retail.economictimes.indiatimes.com
  Chinese smartphone maker Vivo is set to inaugurate one of India’s largest mobile phone manufacturing facilities next month, with an annual capacity of 120 million devices. The facility is being set up with an investment of over ₹3,000 crore…
• Fashion & Apparel sector emerge front-runners in India’s retail landscape: JLL
  18 June 2024, retail.economictimes.indiatimes.com
  “The organised retail market in India has witnessed a surge in new developments over the past few years, leading to a heightened velocity of launches across urban centres and emerging cities. This has motivated retailers to expand their footprint into newer micro-markets, bringing them closer to consumers,” said Rahul Arora, Head of Office Leasing and Retail Services, India, and Senior Managing Director (Karnataka, Kerala) JLL…
• India one of fastest-growing markets globally for Nestle, to focus on innovations
  18 June 2024, retail.economictimes.indiatimes.com
  Nestle India, led by Chairman & Managing Director Suresh Narayanan, is experiencing rapid growth in the Indian market. The company is investing in new areas, including setting up a factory in Odisha, to drive long-term value…
• New Me to open 75 stores by FY 26 end; eyes 40 pc revenue from offline
  18 June 2024, retail.economictimes.indiatimes.com
  So far, the brand operates 5 stores – two in Bengaluru, one each in Hyderabad, Mumbai, and Chandigarh…
• Quick may click with electronics too: Instamart, BBNow, others plan to extend superfast delivery to handsets, white goods by Diwali
  18 June 2024, retail.economictimes.indiatimes.com
  Swiggy Instamart, Zomato, and BigBasket plan to expand quick commerce services to electronic products and white goods categories, delivering within 10-45 minutes by Diwali…
• India’s non-cash payments on e-commerce platforms surges to 58.1% from 20.4% six years ago
  18 June 2024, retail.economictimes.indiatimes.com
  Options for payment other than traditional cash include UPI, debit cards and credit cards among others.”This significant uptake of alternative payment solutions can be attributed to the widespread usage of mobile wallets, largely driven by UPI, which facilitates mobile payments in real-time simply by scanning QR codes,” GlobalData report elaborated…
• Amul seeks return of ice cream tub from Noida customer for investigation after centipede complaint
  18 June 2024, retail.economictimes.indiatimes.com
  Amul has asked a woman in Noida to return an ice cream tub containing a centipede for further investigation, asserting its superior dairy product quality in India and globally. ..
• QSR chain Charcoal Eats gets ₹45 crore on its plate
  18 June 2024, retail.economictimes.indiatimes.com
  “The capital will be used for distribution expansion, brand building, technology and international expansions. The funds will help widen our reach to over 100 multi-format stores in the current fiscal, as well as expand globally, especially in the US,” Charcoal Eats co-founder KrishnakantThakur told ET…
• Changing customer behaviour, focus on sustainability present new challenges and opportunities for the dairy industry
  18 June 2024, retail.economictimes.indiatimes.com
  The rising popularity of plant-based diets and lactose intolerance has also spurred the demand for dairy alternatives. “FMCG companies have the opportunity to diversify their product portfolios by introducing plant-based dairy alternatives made from almonds, soy, oats and other plant sources…
• Operating profit margin for India Inc to remain steady at 15-18 pc in Q1 FY25: Report
  18 June 2024, retail.economictimes.indiatimes.com
  The evolution of the global economic scenario and the onset and intensity of the monsoons in India would remain a key monitorable over the near term, according to ICRA. The 5 per cent YoY and 6.3 per cent sequential revenue growth for corporate India in Q4 FY2024 was supported by healthy demand in consumer-oriented sectors like airlines, hotels, automotive and FMCG,” said Kinjal Shah, senior vice president and Co-Group Head-Corporate Ratings, ICRA Limited…
• Wearables device segment sees slower growth in March quarter but players remain bullish on outlook
  18 June 2024, thehindubusinessline.com
  The wearable device segment witnessed sluggish growth trends in the March quarter but players said they continue to have a bullish outlook…
• Zomato confirms discussions to acquire Paytm’s movies, ticketing business
  17 June 2024, retail.economictimes.indiatimes.com
  Zomato confirmed in a stock exchange filing that it is in talks to acquire fintech Paytm’s ticketing business, as reported by ET on June 16. The company added that “no binding decision” has been taken about the deal at this point. The deal could value the Paytm vertical at around Rs 1,600-1,750 crore…
• With 30 pc topline growth, Godrej Appliances expects to join billion-dollar club in FY25
  17 June 2024, retail.economictimes.indiatimes.com
  Godrej Appliances aims to become a billion-dollar company by the end of FY25 with a 30% growth in sales, focusing on new product launches and market expansion. In categories such as air-conditioner, Godrej Appliances recorded over 100 per cent growth in sales, as some other makers have reported…
• New-age brands bet big on omnichannel strategy, says Fireside Ventures’ Vinay Singh
  17 June 2024, retail.economictimes.indiatimes.com
  Apart from this, brands based out of metro and tier I cities are innovating by offering personalization, customization, and elevated brand experiences…
• As Indians acquire healthier tastes, food companies pack it in
  17 June 2024, retail.economictimes.indiatimes.com
  Indians are increasingly shifting towards consumption of low-salt, low-sugar, and nutrition-fortified packaged food, reflecting a growing trend towards healthy eating habits. Sales of such products have risen in the last five years, with urban India leading the shift, although rural areas are also seeing an increase. ..
• The make-up reality: East India eyes it, faces it, nails it
  17 June 2024, retail.economictimes.indiatimes.com
  East India accounts for over a third of all cosmetics sold in India, with higher makeup usage per person compared to other regions. Companies like Modi Enterprises, selling Colorbar brand, find the region a hotspot for launches and product innovation…
• Indian room air-conditioner market to reach Rs 50,000 cr by FY29: Voltas
  17 June 2024, retail.economictimes.indiatimes.com
  Voltas projects India’s room air-conditioner (RAC) market to grow at a robust 12% CAGR, reaching Rs 50,000 crore by FY 2028-29. Intense competition from domestic and global players is expected to escalate, driven by rising summer temperatures, disposable incomes, and consumer finance accessibility. Voltas aims to bolster market leadership through expanded outlets…
• SoulTree Unveils First Soul Sanctum Store in Mumbai
  17 June 2024, indianretailer.com
  SoulTree, recognized as the world’s FIRST Ayurvedic brand certified ‘Organic’ by BDIH, Germany, proudly unveils its inaugural Soul Sanctum Store in Mumbai, marking a significant milestone in its global expansion journey…
• Beyond Borders: How WhatsApp Marketing is Redefining Global Reach for Retailers
  17 June 2024, indianretailer.com
  Globalization sees a new dawn every day on the back of flourishing technological advancements in the digital realm of commerce. With a wide range of marketing channels in the digital sphere, brands keep trying newer engagement strategies to reach the right audience…
• The Rise of Social Commerce: Leveraging Social Media Platforms for Online Sales Growth
  17 June 2024, indianretailer.com
  The digital age has brought about a paradigm shift in how we shop, interact, and engage with brands. One of the most significant developments in this transformation is social commerce…
• How Blix Education is Changing STEM Education with Engineering Play
  17 June 2024, indianretailer.com
  Abbas Gabajiwala’s journey with Blix Education began long before the brand itself was conceptualized. As a young boy, Abbas was deeply inspired by MECHANIX, an engineering toy created by his father’s company…
• Godrej Appliances Enhances R&D Capabilities Through Infrastructure Expansion
  17 June 2024, indianretailer.com
  Godrej Appliances, a division of Godrej & Boyce, has recently unveiled the expansion of its Research and Development facility located in Pirangut, Pune. The inauguration of the R&D Centre Annexe was presided over by Jamshyd N. Godrej, the Chairman & Managing Director of Godrej & Boyce…
• ‘New Gen’ prospects: Young China, India consumers still set to drive luxury food and beverage retail despite slower economy
  17 June 2024, foodnavigator-asia.com
  Younger millennial consumers from China and India are still set to be the biggest drivers of luxury food and beverage purchasing, despite the generally slower economic conditions in the region and globally…
• Auris Galleria High Street Retail & Commercial Project Receives OC
  15 June 2024, rprealtyplus.com
  Auris Galleria, the premier high-street retail and commercial project at Malad West, developed by Transcon Developers and Sheth Creators, proudly announces the receipt of its Occupation Certificate (OC)…
• Assotech Announces Expansion With 14 New Project Launches Across India
  15 June 2024, rprealtyplus.com
  Assotech Group, a leader in real estate innovation and excellence, is set to embark on an ambitious expansion plan with the launch of 14 new projects across key growth cities in India…
• Stop, thief! Retail in a spot as customers go big on ‘stocktaking’
  15 June 2024, retail.economictimes.indiatimes.com
  As a percentage of sales, shrinkage has risen at retail chains in India with industry executives attributing this to the rise in thefts amid growth in sales volumes…
• Nykaa Fashion aims to become EBITDA positive in FY26
  15 June 2024, retail.economictimes.indiatimes.com
  Nykaa said that till FY28, it is eyeing a CAGR of mid-to-late 20s for its beauty business. Nykaa drives 84 per cent of its net sales value from the beauty business followed by fashion. In the next 5 years, the company expects fashion’s share to increase to 21 per cent…
• Human finger fallout: Yummo ice cream off quick commerce shelves
  15 June 2024, retail.economictimes.indiatimes.com
  Yummo products removed from Blinkit and Zepto after human finger found in Mumbai. Customer files police complaint. Walko Foods halts manufacturing at third-party facility. NIC brand products still available. Walko Foods raised $20 million from Jungle Ventures. Concerns over food safety with quick commerce platforms growing…
• No reduction in consumer market frauds despite regulatory changes: KPMG survey
  15 June 2024, retail.economictimes.indiatimes.com
  As many as 79% of the survey respondents said there has been no reduction in frauds despite regulatory changes, and only 21% responded by saying that frauds have been reduced due to the changes. About 72% of the respondents cited reputational damage as the most severe impact of fraud, whereas 16% believed that financial losses would also impact organisations…
• Gems, jewellery exports fall 5% to Rs 20,713.37 cr in May: GJEPC
  15 June 2024, moneycontrol.com
  The total export of gold jewellery saw 13.1 per cent growth at Rs 5,507.71 crore in May 2024 as compared to Rs 4,807.71 crore in the same period a year ago…
• SoulTree Unveils First Soul Sanctum Store in Mumbai
  15 June 2024, indianretailer.com
  SoulTree, recognized as the world’s FIRST Ayurvedic brand certified ‘Organic’ by BDIH, Germany, proudly unveils its inaugural Soul Sanctum Store in Mumbai, marking a significant milestone in its global expansion journey…
• Zoreko Opens Flagship Center in Gurugram
  15 June 2024, indianretailer.com
  Zoreko – Original Gamers, the newly launched family entertainment center (FEC) situated at the flagship spot in Elan Town Centre on Sohna Road, Sector 67 Gurugram, is revolutionizing the gaming scene with its latest outlet…
• Whirlpool India Partners with HUL to Promote Surf Excel
  15 June 2024, indianretailer.com
  In a strategic move aimed at fortifying their presence in the laundry care segment, Whirlpool of India and Hindustan Unilever Ltd (HUL) have unveiled a new collaborative marketing alliance focusing on Surf Excel, the flagship laundry brand under HUL’s umbrella…
• How to Start your T-Shirt Business in the Booming Indian Market
  15 June 2024, indianretailer.com
  The t-shirt business in India is witnessing exponential growth, with its market value currently estimated at Rs 23,211 crore. It is projected to grow at a compound annual growth rate (CAGR) of approximately 10 percent over the next decade, potentially reaching a staggering Rs 61,954 crore by 2027…
• The Rise of Social Commerce: Leveraging Social Media Platforms for Online Sales Growth
  15 June 2024, indianretailer.com
  The digital age has brought about a paradigm shift in how we shop, interact, and engage with brands. One of the most significant developments in this transformation is social commerce…
• How OgmentO is Leading the Charge in Retail Automation
  15 June 2024, indianretailer.com
  With India’s D2C scenery witnessing unprecedented growth, successful brands like SUGAR and BoAt face challenges in maintaining their authentic bond with customers while expanding offline…
• Amazon Takes Over Video Streaming Platform MX Player
  15 June 2024, indianretailer.com
  As a strategic move to broaden its offerings in India’s flourishing video streaming sector, Amazon has reached an agreement to acquire MX Player. With MX Player joining Amazon’s repertoire alongside services such as Prime Video and MiniTV, the US tech behemoth aims to further solidify its presence in the market…
• Snapdeal Partners with Bhashini to Foster Digital Inclusion Across India
  15 June 2024, indianretailer.com
  Snapdeal, India’s leading value-focused e-commerce platform, has signed a Memorandum of Understanding (MOU) with Digital India Bhashini, an Independent Business Division established by MeitY within DIC, to develop services and products focused on enhancing language translation efforts to promote digital inclusion in India…
• How Magniflex India is Transforming Sleep with Sustainable Luxury
  15 June 2024, irecwire.com
  While Magniflex’s main channel of sales remains its strong dealer network, the company is expanding into the direct-to-consumer (D2C) space…
• Toshiba Launches C350NP Smart Google TV with Dolby Vision and Atmos from Rs. 26,999
  15 June 2024, indianretailer.com
  Toshiba, renowned for its innovation in consumer electronics, has introduced the C350NP Smart TV, marking a new era in home entertainment. This cutting-edge Google TV boasts an ultra-thin bezel design for seamless navigation and a user-friendly experience…
• Godrej Appliances Enhances R&D Capabilities Through Infrastructure Expansion
  15 June 2024, indianretailer.com
  Godrej Appliances, a division of Godrej & Boyce, has recently unveiled the expansion of its Research and Development facility located in Pirangut, Pune…
• TCPL Targets Doubling FY25 Capex to Rs 785 Cr
  15 June 2024, indianretailer.com
  Tata Consumer Products Ltd. (TCPL) is set on becoming a comprehensive FMCG company with plans to enter new product categories and has announced more than doubling its capital expenditure to Rs 785 crore for FY25…
• Dollar Industries Plans Southern Expansion with 50 New Outlets
  15 June 2024, indianretailer.com
  Dollar Industries Ltd has unveiled a strategic expansion plan for South India, marking a significant move to strengthen its presence in this key market…
• Signatureglobal (India)’s subsidiary buys 3.8 acres land in Gurugram
  14 June 2024, realty.economictimes.indiatimes.com
  Sternal Buildcon, a wholly-owned subsidiary of Signatureglobal (India) (SGIL) has executed a sale deed to purchase the land admeasuring approximately 3.80625 acres situated at Sector 37D, Gurugram…
• Amazon to lease over 1.1 million sq ft in Bengaluru
  14 June 2024, realty.economictimes.indiatimes.com
  Sattva Group has built a new office tower at Sattva Horizon business park near the international airport. The 11-storey building will be able to accommodate more than 7,000 employees, and Amazon will be the sole occupant…
• Ice cream nightmare highlights quick commerce’s food safety issues
  14 June 2024, retail.economictimes.indiatimes.com
  A Mumbai customer found a human finger in Yummo brand ice-cream from Zepto, leading to safety concerns. Walko Foods, the owner of Yummo, took the incident seriously and halted manufacturing at the third-party facility…
• Mondelez signs licensee agreement with Lotus Bakeries to make and sell its iconic cookie brand Biscoff in India
  14 June 2024, retail.economictimes.indiatimes.com
  At present, Biscoff is mostly imported in India and carries a significant premium price-tag, something that could come down significantly once Mondelez starts local manufacturing…
• Nykaa may grow at 20% CAGR till FY27: Jefferies
  14 June 2024, retail.economictimes.indiatimes.com
  Beauty and fashion retail brand Nykaa is projected to grow at a compound annual growth rate (CAGR) of about 20% between FY24 and FY27, as forecasted by brokerage firm Jefferies. In FY24, Nykaa’s BPC segment was up 25% in GMV terms to Rs 8,340 crore, while the fashion segment grew 27% to Rs 3,269 crore…
• Nykaa may grow at 20% CAGR till FY27: Jefferies
  14 June 2024, retail.economictimes.indiatimes.com
  Beauty and fashion retail brand Nykaa is projected to grow at a compound annual growth rate (CAGR) of about 20% between FY24 and FY27, as forecasted by brokerage firm Jefferies. In FY24, Nykaa’s BPC segment was up 25% in GMV terms to Rs 8,340 crore, while the fashion segment grew 27% to Rs 3,269 crore…
• Tata Consumer Products chairman N Chandrasekaran highlights India’s long-term consumer market potential
  14 June 2024, retail.economictimes.indiatimes.com
  India’s consumer market represents a long-term structural opportunity, driven by population, a growing middle class, rapid urbanisation, increasing disposable incomes and raising aspirations, Tata Consumer Products Ltd Chairman N Chandrasekaran said on Thursday. The Tata group’s FMCG arm is well positioned to capitalise on the significant opportunity, he said, while addressing the annual general meeting (AGM) of TCPL…
• SAIF Partners pares around 6% stake in Senco Gold for Rs 433 crore
  14 June 2024, retail.economictimes.indiatimes.com
  According to the bulk deal data available on the BSE, SAIF Partners India IV offloaded 45,07,487 shares, amounting to a 5.8 per cent stake in Senco Gold. The shares were disposed of at an average price of Rs 960.02 apiece, taking the deal value to Rs 432.72 crore…
• Dollar Industries sets sights on southern expansion with 50 new outlets
  14 June 2024, retail.economictimes.indiatimes.com
  Under its ‘Vision South India’ initiative, Dollar Industries anticipates a 50-per cent surge in sales from markets in that region compared to the current year, officials said…
• Ajay Devgn’s NY Cinemas launches multiplex in Gurugram; plans 20 more screens this year
  14 June 2024, retail.economictimes.indiatimes.com
  Ajay Devgn, founder of NY Cinemas stated, “NY Cinemas is expanding and making its way to Gurugram, Delhi NCR. Our endeavour is to create an impeccable experience for audiences watching films at the theatre.” Founded in 2017, the multiplex chain has expanded its presence to 14 cities with the current launch and has plans to introduce 20 more screens this year across the country.​​..
• KidZania to set up more theme parks across India
  14 June 2024, retail.economictimes.indiatimes.com
  Imagination Edutainment India, backed by Shah Rukh Khan, is planning to expand KidZania indoor theme parks in top Indian cities. The company recently launched ‘KidZania Neighborhood’ for toddlers aged 1-6. KidZania operates in Mumbai and Delhi and is in talks for a Bengaluru location. Brands partner with KidZania for immersive experiences…
• Economy to grow at 8% in FY25, green shoots visible in rural consumption
  14 June 2024, livemint.com
  Industry body Confederation of Indian Industry (CII) expects the country’s economy to grow at 8% in FY25, its fourth consecutive year of above 7% growth, according to Sanjiv Puri, its newly elected president, who is also chairman and managing director of consumer goods major ITC Ltd…
• Beauty and personal care sector to surge to $90 billion in 15 years: HSBC Global Research
  14 June 2024, thehindubusinessline.com
  The beauty and personal care industry’s gross merchandise value is expected to reach $90 billion over the next 15 years, growing at 5x, as per a report released by HSBC Global Research. This is attributed to growing per capita consumption on beauty products, driven by rising adoption of online shopping…
• Cut and Style Salon Opens New Outlet in Lucknow
  14 June 2024, indianretailer.com
  Leading beauty and wellness brand Cut and Style Salon has announced the opening of its newest outlet in Lucknow. Located in the bustling Vishal Khand area of Gomti Nagar, the new salon aims to cater to both beauty enthusiasts and wellness seekers in India’s retail market…
• Jewels by Preeti Plans Major Retail Expansion in India
  14 June 2024, indianretailer.com
  Jewels by Preeti, a leading diamond manufacturer in India, has announced an ambitious plan to open 15 retail stores across major cities in India by the end of this year…
• How to Start your T-Shirt Business in the Booming Indian Market
  14 June 2024, indianretailer.com
  The t-shirt business in India is witnessing exponential growth, with its market value currently estimated at Rs 23,211 crore. It is projected to grow at a compound annual growth rate (CAGR) of approximately 10 percent over the next decade, potentially reaching a staggering Rs 61,954 crore by 2027…
• Top 10 Pet Care Brands, Market Reaching $427.75 Bn by 2032
  14 June 2024, indianretailer.com
  The current value of the pet care industry worldwide is expected to skyrocket to $246.66 billion in 2023 and reach $427.75 billion by 2032, indicating unparalleled development in this business…
• Home Décor Brand Trampoline Bags $5M Funding
  14 June 2024, indianretailer.com
  Trampoline, a burgeoning cross-border B2B Home Décor brand, has announced the conclusion of its $5 million seed funding round. Spearheaded by leading investment firms Matrix Partners India and WaterBridge Ventures, the round also saw significant participation from Alteria Capital, contributing an additional $2 million in venture debt…
• Pain Relief Brand Moov Expands Product Portfolio
  14 June 2024, indianretailer.com
  Moov, India’s leading pain relief brand, has launched ‘Moov Cool’, a new product inspired by cold therapy. Infused with menthol, the product is designed to offer relief from muscle and joint pain caused by injuries, sprains, strains, and muscle soreness associated with an active lifestyle…
• Influencers Fuel India’s E-Commerce Boom
  14 June 2024, retail.economictimes.indiatimes.com
  India’s digital economy is forecasted to reach an impressive $800 billion by 2030, according to a report from Invest India. The e-commerce industry is expected to grow by $325 billion in the same year…
• Brigade Group To Invest Rs 8,000 Cr In Chennai & Launch 15 Mn Sft By 2030
  13 June 2024, rprealtyplus.com
  Leading real estate developer, Brigade Group announced the launch of Brigade Icon Residences, part of an exquisite high-end mixed-use development located in the heart of Chennai’s historic Mount Road…
• Uttar Pradesh government halts cancellation of land allotment to M3M group in Noida
  13 June 2024, realty.economictimes.indiatimes.com
  The UP government had on May 10 cancelled the allotment of plots located in Noida’s Sector 72 and Sector 94 on grounds that the allotment through e-tender process was done in violation of rules. Subsequently, the Noida Authority had sealed the project sites…
• Apple becomes the first $1 trillion global brand, Kantar says
  13 June 2024, retail.economictimes.indiatimes.com
  The iPhone maker retained its crown as the world’s most valuable brand for the third straight year in 2024, followed by Alphabet’s Google at $753 billion and Microsoft at $713 billion, Kantar said. Earlier this week, Apple unveiled new AI features, which are expected to rekindle demand for iPhones and reverse a sales decline for its biggest-selling product due to choppy consumer spending and resurgent tech rivals…
• Nestle India to pay royalty at 4.5% to Swiss parent
  13 June 2024, retail.economictimes.indiatimes.com
  The current royalty licence fee remains at 4.5%, net of taxes, under the existing General Licence Agreements with the Swiss parent, who is the licensor. Nestle India stated that the board’s approval for the royalty rate will be reviewed every five years, in line with regulatory requirements…
• D2C brands reduce ads amid complaints about misleading claims
  13 June 2024, retail.economictimes.indiatimes.com
  Large direct-to-consumer (D2C) brands are scaling down advertisements and influencer posts due to complaints about misleading ad claims and violations of the Advertising Standards Council of India (ASCI) code. Honasa Consumer, owner of Mamaearth, has reduced influencer posts after being named the biggest violator of advertising content for FY24. Other D2C players like HealthKart, FirstCry, and Lenskart were also noted as violators. ASCI’s report highlighted misleading claims and promotion of harmful products as common violations. Brands are now enhancing internal protocols to ensure compliance with regulations and minimize violations…
• Reliance Retail’s Tira partners with Mira Kapoor to launch skincare brand
  13 June 2024, retail.economictimes.indiatimes.com
  Isha Ambani-led Reliance Retail’s beauty venture, Tira, has partnered with angel investor Mira Kapoor to launch skin care brand – Akind, under its private label portfolio…
• Costa Coffee posts 49 pc rise in revenue to Rs 152 cr in FY24, adds 67 new stores
  13 June 2024, retail.economictimes.indiatimes.com
  British coffee chain Costa Coffee reported a 49 per cent growth in revenue from operations to Rs 151.8 crore in India, Devyani International Ltd said in the annual report. Its gross profit stood at Rs 116.6 crore, up 45 per cent from the year-ago period, it said…
• Whirlpool of India and HUL enter collaboration to market Surf Excel
  13 June 2024, retail.economictimes.indiatimes.com
  Appliance as washing machine maker Whirlpool of India and Hindustan Unilever Ltd (HUL) on Wednesday announced a new marketing alliance for Surf Excel, the laundry brand of the leading FMCG maker. As per the alliance, both brands will have joint marketing initiatives…
• Luxury retail poaches talent from hospitality and aviation as demand rises
  13 June 2024, livemint.com
  Mumbai/New Delhi: Sara Mukadam, a retail executive at an upscale mall in Mumbai, is engaging Friday afternoon shoppers with the intricacies of a high-end leather goods brand’s latest collection…
• Restaurants face the heat in summer of ’24, business drops by up to 40 per cent
  13 June 2024, retail.economictimes.indiatimes.com
  Temperatures in and around Delhi have hit all time highs this summer. On May 29, the day’s maximum temperature of 46.8 degrees Celsius, recorded at the primary weather station Safdarjung Observatory, was a 79-year high. It broke the previous record of 46.7 degrees Celsius, registered on June 17, 1945. In Najafgarh area, temperatures soared even higher…
• Organised Paints Sector to Double Capacity with Rs 19,000 Cr Investment by 2027
  13 June 2024, indianretailer.com
  The organised paints sector in India is on the cusp of a significant transformation, with production capacity poised to nearly double to approximately 7.8 billion litres per annum (blpa) between fiscal years 2024 and 2027…
• Tira Unveils New Skincare Brand Akind
  13 June 2024, indianretailer.com
  Tira, the omnichannel beauty retail platform of Reliance Retail, has announced the launch of its new skincare brand, Akind. Co-founded by Mira Kapoor, Akind was introduced at Tira’s flagship store at Jio World Drive in Mumbai…
• Mamaearth Expands Retail Presence in India through Reliance Retail Partnership
  13 June 2024, indianretailer.com
  Honasa Consumer Limited, owner of the fast-growing personal care brand Mamaearth, has announced that its products are now available at over 1,000 Smart Bazaar and Smart Point stores across India…
• The Meteoric Rise of Q-Commerce in India, Estimated to be 3X by 2029
  13 June 2024, indianretailer.com
  Quick commerce, or Q-commerce, is revolutionizing the consumer internet sector in India, driven by the need for speed and convenience in modern shopping…
• The Den Bengaluru Appoints Priyanka Rao as New Head of Human Resources
  13 June 2024, indianretailer.com
  Mysore Saree Udyog, a name synonymous with tradition and elegance in the world of ethnic wear, introduces its latest masterpiece: the captivating Scented Sarees Collection…
• Foxtale Secures $18 mn in Series B Funding
  13 June 2024, indianretailer.com
  D2C skincare brand Foxtale has successfully raised $18 million (approximately Rs 150 crore) in its Series B funding round, led by Singapore-based Panthera Growth Partners…
• Deepika Padukone’s 82°E to Bags Rs 50 cr from Ka Enterprises and Others
  13 June 2024, indianretailer.com
  Bollywood actor Deepika Padukone’s direct-to-consumer (D2C) personal care startup, 82°E, is set to raise Rs 50 crore (around $6 million) from both new and existing investors…
• Embracing Unified Commerce in FMCG
  13 June 2024, irecwire.com
  In the dynamic landscape of Fast-Moving Consumer Goods (FMCG), companies face unique challenges when trying to implement unified commerce, primarily due to the lack of direct control over retail front-end operations…
• Telangana Government To Offer SOPs To Realty Sector
  13 June 2024, rprealtyplus.com
  The Den Bengaluru, a luxury hotel, has announced the appointment of Priyanka Rao as the new Head of Human Resources. Priyanka brings over thirteen years of diverse experience in flagship hotels across India to her new role…
• McDonald’s Announces Leadership Change in North American Supply Chain
  13 June 2024, indianretailer.com
  McDonald’s has announced that Bob Stewart, Senior Vice President and Chief Supply Chain Officer for North America, will retire effective October 1, 2024. Cesar Piña, currently Corporate Vice President of Global Strategic Sourcing for Food and a member of the Global Supply Chain Leadership Team, will succeed him…
• B L Kashyap Secures Orders From DLF City Centre & Sattva Homes
  12 June 2024, rprealtyplus.com
  B L Kashyap & Sons Ltd one of the leading Engineering, Procurement and Construction (EPC) Company has secured two significant orders worth Rs. 1021 crores approx…
• Zomato to infuse INR 300 crore in Blinkit
  12 June 2024, retail.economictimes.indiatimes.com
  Food delivery company Zomato will infuse INR 300 crore into its quick commerce unit Blinkit, as per filings made with the RoC. With this, Zomato has infused nearly INR 2,300 crore since acquiring Blinkit in August 2022…
• Domino’s to double its presence to 4,000 outlets, expand mfg capacity in India
  12 June 2024, retail.economictimes.indiatimes.com
  “Last year, we announced the opening of our world-class facility in Bengaluru and it caters to the entire South India, and now, we are building another facility in Mumbai and it will be operational in the next 12-18 months,” Sameer Batra, president and chief business officer, Domino’s India said…
• Indian D2C brand market poised to hit $61.3 billion by FY27
  12 June 2024, retail.economictimes.indiatimes.com
  The Indian D2C market is set to triple to $61.3 billion by FY27, with a 38% compounded annual growth rate driven by macroeconomic factors like rise in per capita earnings. The market is expected to create 10 million jobs in the retail sector by FY27…
• The Loom goes omnichannel, eyes 10 pc revenue from the offline channel
  12 June 2024, retail.economictimes.indiatimes.com
  Apart from this, the brand is also planning to expand its Delhi-based manufacturing unit from 22,000 sq ft to 40,000 sq ft by January 2025…
• Snapdeal, Bhashini join hands to boost digital inclusion in India
  12 June 2024, retail.economictimes.indiatimes.com
  E-commerce platform Snapdeal on Tuesday signed a MoU with Digital India Bhashini, an independent business division established by the Ministry of Electronics and Information Technology (MeitY) within Digital India Corporation (DIC), to develop services and products focused on enhancing language translation efforts to promote digital inclusion in India. Through innovative use of AI and voice-first technology, we are determined to break down barriers, build greater digital participation, and create a more connected and inclusive digital ecosystem for all Indians,” said Amitabh Nag, CEO of Bhashini…
• Buyers return to stores as gold prices cool down
  12 June 2024, retail.economictimes.indiatimes.com
  Gold prices fell by 4.5% in three weeks, boosting consumer sentiment. Mumbai’s Zaveri Bazaar, Asia’s largest gold market, saw increased activity at jewellers like Joyalukkas and Senco Gold & Diamonds…
• FMCG firms shift to liquid soaps, detergents as buyers go premium
  12 June 2024, financialexpress.com
  Large and traditional fast-moving consumer goods (FMCG) categories such as soaps, detergents and dish wash, which depended on the bar and powder formats, are now seeing the liquid variants gain currency…
• Big liquor, beer brands set to make comeback in state
  12 June 2024, retail.economictimes.indiatimes.com
  Many liquor brands which had gone off the shelves in the last five years, are making a comeback in Andhra Pradesh.While some whiskey and beer brands made a comeback a few days before the Model Code of Conduct (MCC) came into force, most brands were not available as the previous YSRCP govt stopped payments to suppliers, including alcobev majors like AB InBev, Diageo, United Breweries and United Spirits…
• Pankaj Rana appointed as CEO of Hisense
  12 June 2024, retail.economictimes.indiatimes.com
  Hisense India has appointed Pankaj Rana as its new CEO, replacing Pranab Mohanty. Rana, a seasoned industry veteran with over two decades of experience, will lead the company’s strategic initiatives, drive business growth, and expand the customer base. He will also strengthen the brand presence…
• Online Sales of Babycare Products in Tier II & III Cities Soar by 30 pc in FY24
  12 June 2024, indianretailer.com
  The landscape of e-commerce in India is witnessing a significant transformation, particularly in Tier II and III cities, where the demand for babycare products is soaring. This surge is not just a fleeting trend but a reflection of deeper changes in consumer behavior and market dynamics…
• H&M India Launches Home Concept in Hyderabad
  12 June 2024, indianretailer.com
  H&M India, an international retailer renowned for offering fashion and quality at the best price sustainably, has introduced its H&M Home concept at Inorbit Mall, Madhapur…
• Revolutionizing eCommerce Through Innovation & Excellence, GreenHonchos Wins Prestigious Digital Transformation of the Year Award
  12 June 2024, indianretailer.com
  In a remarkable testament to its unwavering commitment to technological advancement, digital commerce, and unparalleled service delivery, GreenHonchos has been awarded the coveted Digital Transformation of the Year Award 2024 at the recent IReC Forum organized by Indian Retailer in Bengaluru…
• Nykaa Launches Second Luxe Store in Jaipur’s Pink City
  12 June 2024, indianretailer.com
  Nykaa, India’s premier beauty and fashion retailer, has unveiled its second Luxe Store at JLN Marg, Jaipur. Located at Horizon Tower in Jewel of India, one of Jaipur’s most prestigious residential areas, the 2000+ sq…
• JCB Salon Raises Rs 40 Cr from Black Soil for Strategic Expansion
  12 June 2024, indianretailer.com
  JCB (Jean Claude Biguine) Salons India has raised Rs 40 crore from BlackSoil for strategic acquisition and business expansion within the retail sector. JCB Salons has used the funds to acquire Spalon, a local salon chain, to expand into South India…
• How OgmentO is Leading the Charge in Retail Automation
  12 June 2024, indianretailer.com
  With India’s D2C scenery witnessing unprecedented growth, successful brands like SUGAR and BoAt face challenges in maintaining their authentic bond with customers while expanding offline…
• Uber Launches Store Pickup Service for Easy Retail Shopping in India
  12 June 2024, indianretailer.com
  Uber has introduced a new service, Uber Store Pickups, enabling customers in India to have items they’ve purchased from local retail stores delivered directly to their doorsteps…
• Embracing Unified Commerce in FMCG
  12 June 2024, irecwire.com
  In the dynamic landscape of Fast-Moving Consumer Goods (FMCG), companies face unique challenges when trying to implement unified commerce, primarily due to the lack of direct control over retail front-end operations…
• How D2C Brands are Capturing Millennial Markets
  12 June 2024, retail.economictimes.indiatimes.com
  Direct-to-consumer (D2C) brands are revolutionizing retail by bypassing traditional intermediaries, leveraging digital platforms, and offering personalized experiences, transforming how businesses connect with and understand their customers…
• The Digital Feast: Effective Marketing Techniques Driving Restaurant Growth in India
  12 June 2024, irecwire.com
  Having heard that all happiness depends on leisurely food, I feel this industry is here to serve hearts which relish delicacies thus making this industry aggressive,” says Anshuman Singh, Director at Taki Taki…
• Indians get hooked on 10-minute grocery apps, squeezing small retailers
  11 June 2024, retail.economictimes.indiatimes.com
  India’s quick commerce boom is reshaping how Indians shop, with Swiggy leading the charge in the fast-paced delivery game. The SoftBank-backed company’s grocery warehouse in a middle-class suburb of Mumbai operates with precision, aiming to deliver orders within 10 minutes. Swiggy’s bikers, clad in bright orange T-shirts, race against time to collect and deliver packed grocery orders, with the warehouse manager emphasizing the need for speed in the entire process…
• Saahil Nayar exits Swiss Beauty
  11 June 2024, retail.economictimes.indiatimes.com
  Saahil Nayar, chief executive officer of the beauty brand Swiss Beauty, has decided to move on to pursue a new entrepreneurial venture to transform India’s beauty industry. Nayar’s departure from Swiss Beauty marks the end of a significant chapter and the beginning of an exciting new one for him. With 15 years of experience he has been instrumental in driving growth for India’s major beauty brands, Nayar says the time is right for his next entrepreneurial leap. ..
• Urbanic launches new brand Savana to tap into Gen-Z consumers
  11 June 2024, retail.economictimes.indiatimes.com
  The fashion e-tailer asserts India to be its one of the best-performing markets contributing 40 per cent of the revenue of the company, followed by Mexico…
• Havells partners with Jumbo Group to enter kitchen appliances market in UAE
  11 June 2024, retail.economictimes.indiatimes.com
  ​​Under this alliance, Havells India’s premier kitchen appliances, including mixer grinders will be sold online through Jumbo’s e-commerce website jumbo.ae followed by retail store distribution. ​​As part of the tie-up, Jumbo will also undertake distribution to retailers in the UAE to develop a brand presence in the Middle East & Africa (MEA)…
• Turnaround slower, but VIP’s on recovery path: Chairman Dilip Piramal
  11 June 2024, retail.economictimes.indiatimes.com
  VIP Industries posted a 10% rise in net sales at Rs 2,215 crore last fiscal. However, net profit plunged to Rs 28 crore in FY24 from Rs 161 crore in the previous fiscal…
• Information overload causing frequent basket abandonment in retail, consumer goods, and travel purchases: Report
  11 June 2024, retail.economictimes.indiatimes.com
  An Accenture report reveals that 88% of shoppers abandoned purchases in the last three months of 2023 due to decision-making difficulties caused by information overload. Indian consumers are particularly affected, with an increase in effort and time needed for purchase decisions. The report recommends using generative AI to simplify decision-making processes and enhance engagement and sales…
• Are FMCG brands slowly losing their sheen?
  11 June 2024, retail.economictimes.indiatimes.com
  As per market data, online grocery penetration is currently at 0.15% (2 Mn out of 1.35 Bn people) and is expected to grow at an annual CAGR of 32.7% till 2030. Total number of online deliveries in groceries has grown from less than 5 lac per day in 2020 to more than 40 lac per day in 2023. Rapid adoption of digital payments powered by UPI, faster deliveries and cheap data tariffs are the key enablers that are driving this change…
• ‘ONDC will become a formidable e-commerce player in near future’
  11 June 2024, retail.economictimes.indiatimes.com
  The government-run Open Network for Digital Commerce (ONDC) is set to become a formidable e-commerce player in the near future, said ONDC MD and CEO T Koshy . The good traction the platform received in the last 15 months proves that ONDC has the potential to completely transform the e-commerce landscape…
• Modi 3.0: FMCG companies can cheer the new coalition government
  11 June 2024, retail.economictimes.indiatimes.com
  Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal monsoon and good rabi crop. Companies such as Britannia, Marico, Dabur, GCPL and HUL expect a revenue growth in the new financial year as the deflationary cycle is over. The companies were forced to slash prices as prices of major commodities had fallen, which had in turn impacted their topline and value growth in the last two quarters of FY24…
• Household consumption expenditure jumps in India as incomes rise
  11 June 2024, retail.economictimes.indiatimes.com
  Household consumption expenditure on goods and services in both the rural and urban areas of India, which reflects the standard of living and well-being of the population, has shown a robust increase over the last decade. The monthly per capita household consumption in rural India jumped by over 40% in 2022-23, after adjusting for inflation, compared to the corresponding figure recorded for 2011-12, according to the survey…
• Market size expected to reach 25 million units by 2030: B Thiagarajan, Blue Star
  11 June 2024, retail.economictimes.indiatimes.com
  June is going to be another month where it will be around 50% growth. And for the first time, the summer months will witness more than 60% growth. One can discount around 15-20% out of this total growth, but it is a record summer season which we have not witnessed in the industry, said B Thiagarajan, MD, Blue Star…
• Expecting one of the best years due to strong consumer spending: Nilesh Gupta, Vijay Sales
  11 June 2024, retail.economictimes.indiatimes.com
  The sales have been upward of 60% to 70% growth which we have seen. And although in the south and the west we will see the end of the summer, it will slow down, but north is still going strong and we expect that it will go strong till middle of July or maybe end of July also. So, in a nutshell, this is one summer which I think we will never forget on a positive note…
• The Baby Atelier Opens Flagship Store in Bangalore
  11 June 2024, indianretailer.com
  The renowned brand, The Baby Atelier, has inaugurated its flagship retail outlet in Bangalore, introducing a wide array of organic, toddler, and kids’ products along with comprehensive design services for children’s rooms…
• New Balance Opens Second Outlet in Mumbai
  11 June 2024, indianretailer.com
  US-based sports footwear and apparel giant New Balance has widened its footprint in Mumbai with the inauguration of a new store situated at Infiniti Mall, Malad…
• Reebok Expands Presence with New Chennai Stores
  11 June 2024, indianretailer.com
  Reebok, a global leader in sports footwear and apparel, has reached a new milestone in its Indian retail journey by opening two new stores in Chennai, located in Anna Nagar and Phoenix Marketcity. ..
• Easybuy Expands Presence with 9th Store Opening in Hyderabad
  11 June 2024, indianretailer.com
  Easybuy, the value fashion brand under the Landmark Group umbrella, has expanded its footprint in Hyderabad with the inauguration of its ninth store…
• Tanishq Makes its Debut in Oman
  11 June 2024, indianretailer.com
  Tanishq, the renowned jewellery brand under the Titan Company, a part of the Tata Group, has expanded its global presence by entering Oman. The inaugural store in Oman is situated at Oman Avenues Mall in Muscat…
• Cartel Bros’ Glenwalk Scotch Whisky Makes Middle East Debut, Aims Global Expansion
  11 June 2024, indianretailer.com
  Cartel Bros, a renowned Indian spirits company, has proudly unveiled its premium blended Scotch whisky, Glenwalk, in Dubai at the recent Travel Retail Consumer Forum ‘24, marking its entry into the Middle East market…
• Profit and Loss (P&L) Statement Definition, Importance and Helpful Tips
  11 June 2024, indianretailer.com
  Understanding your business’s financial health is crucial for making informed decisions and planning for the future. One of the most important tools for achieving this is the Profit and Loss (P&L) statement…
• Kurlon Revamps Brand with “Life Banegi Hula Hula”
  11 June 2024, indianretailer.com
  India’s iconic mattress brand, Kurlon, celebrates 60 years with a refreshed brand positioning aimed at resonating with contemporary consumers…
• Telangana Government To Offer SOPs To Realty Sector
  10 June 2024, rprealtyplus.com
  The state government is contemplating promoting the realty industry by offering sops to generate more revenues…
• Real estate sector pushes for tax rationalization and reduced approval cost
  10 June 2024, realty.economictimes.indiatimes.com
  With Narendra Modi set to take oath as Prime Minister for the third time, the real estate industry has high expectations from Modi 3.0. The interim budget announced a boost for affordable housing by adding 2 crore more houses to the PMAY-U scheme…
• From stuffed toys to sports cars, sales break gender rules
  10 June 2024, retail.economictimes.indiatimes.com
  Gender norms are blurring in purchasing decisions, particularly in urban India, with more men and women adopting newer hats in their social and professional lives. Consumer goods companies are adapting their marketing strategies to address this change. Women are increasingly buying ‘toys for boys’, such as drones and remote-control cars, accounting for 25-30% of Hamleys’ sales. In the automobiles market, women account for 14-15% of total sales, accounting for SUVs, luxury vehicles, and sports cars…
• GSTN rolls out form for tobacco manufacturers to report inputs, outputs to tax authorities
  10 June 2024, retail.economictimes.indiatimes.com
  The GST Network (GSTN) has introduced a new form, GST SRM-II, for manufacturers of pan masala and tobacco products to report inputs and outputs, aiming to curb tax evasion. This form, implemented shortly after the rollout of GST SRM-I for registering machines, requires detailed monthly reporting. The Central Board of Indirect Taxes and Customs (CBIC) had announced these changes in January to enhance GST compliance for such manufacturers, with penalties for non-compliance…
• Instant flour mixes for dosa, idli, dhokla cannot be classified as sattu; 18% GST should be levied: GAAAR
  10 June 2024, retail.economictimes.indiatimes.com
  The company sells flour mixes of gota, khaman, dalwada, dahi-wada, dhokla, idli and dosa in powder form and pleaded that it is akin to Sattu and should attract Goods and Services Tax (GST) of 5 per cent. The GAAAR rejected the appellant’s contention, saying that ingredients which go into the making of ‘instant flour mixes” are not covered under the relevant GST rules as is the case with Sattu…
• Trends in Snack Consumption: Insights from 2024 and Beyond
  10 June 2024, retail.economictimes.indiatimes.com
  The Indian snacks market reached Rs 42,694.9 crore in 2023, and is projected to soar to Rs 95,521.8 crore by 2032, showcasing a robust growth rate (CAGR) of 9.08% over the forecast period. Factors driving this growth include the increasing popularity of convenient food options, heightened implementation of quality standards by the Food Safety and Standards Authority of India (FSSAI), and the proliferation of e-commerce brands and distribution channels. As consumers continue to seek convenience and variety in their snacking choices, manufacturers are innovating to meet these demands, leading to a dynamic and evolving snack landscape in the years to come…
• Too hot, too good for e-tailers: ACs, ice creams and beauty products’ online sales enjoy the heatwave
  10 June 2024, retail.economictimes.indiatimes.com
  Consumers are increasingly turning to online shopping for a variety of products like air conditioners, beauty products, and snacks as heatwaves prompt them to stay indoors, especially during peak afternoon hours. Brands like Voltas and Panasonic have witnessed significant growth in online sales, particularly in the AC category. E-commerce platforms are seeing a surge in demand for large purchases like ACs and coolers, with quick commerce becoming popular for daily essentials. Companies like Parle, Mother Dairy, and Baskin Robbins are experiencing a boost in online sales…
• ‘Focus will be on making the new businesses large’
  10 June 2024, financialexpress.com
  Titan managing director CK Venkataraman doesn’t like being in the spotlight. Yet, the jewellery and watchmaker under his leadership (he took over in October 2019) has successfully navigated the pandemic, rode a discretionary slowdown as well as ensured that high volatility in gold prices does not impact consumption of its jewellery products significantly…
• Green retail: Malls leading the way in sustainability
  10 June 2024, retail.economictimes.indiatimes.com
  Innovative malls pride themselves on being primarily powered by green energy. This achievement is supported by initiatives to procure green energy and lower their carbon footprint. They also leverage biofuel generated from waste management systems. Their architecture, designed to allow optimal natural light during the day, significantly reduces the need for artificial lighting. Automated sensor-based lighting systems adjust based on natural light levels and occupancy, ensuring minimal energy wastage…
• https://www.livemint.com/companies/cultfits-e-commerce-arm-to-drive-growth-profitability-by-2025-11717912231839.html
  10 June 2024, livemint.com
  Fitness startup Cult.fit expects its direct-to-consumer e-commerce vertical, Cultsport, to outpace its core gym business, and achieve Ebitda profitability within a year, chief executive Naresh Krishnaswamy said in an interview…
• Electronics cos charged up for big revenue boost, set to double revenues to $55 billion by FY2027
  10 June 2024, retail.economictimes.indiatimes.com
  India’s EMS industry revenues are projected to double to $55 billion by FY27, driven by local component sourcing. Apple, Samsung, Lenovo, and other global firms are set to expand operations in India…
• Sheela Foam sees 14-15% CAGR growth in next 3-5 years: CEO Nilesh Mazumdar
  10 June 2024, thehindubusinessline.com
  Sheela Foam, which acquired the Kurlon brand last year, has rebranded it with a new logo and tagline, as it expects to scale up the Karnataka-based company’s business beyond ₹1,000 crore..
• HUL Names Arun Neelakantan as Executive Director for Customer Development
  10 June 2024, indianretailer.com
  Hindustan Unilever Limited (HUL), a leading FMCG manufacturer, made an announcement on Thursday regarding the appointment of Arun Neelakantan as the Executive Director of Customer Development…
• bigbasket’s Green Achievements 2023: Less Carbon, More Electric, Recycled Waste
  10 June 2024, indianretailer.com
  bigbasket, a TATA Enterprise, has unveiled its 2023 Sustainability Report, spotlighting its significant advancements across six key impact areas: electric delivery vehicles, solar power generation, support for organic farmers, waste management, diversity and inclusion, and corporate social responsibility…
• Luxury chocolate retailer Cococart India to add 200 stores in next 5 years
  10 June 2024, livemint.com
  A chocolate retail business that was born out of a necessity in the pandemic during various lockdowns by the family that runs the Flemingo Duty Free business, is now looking to rapidly expand its business in the country…
• RBI’s Unchanged Repo Rate Bodes Well For Property Sector
  08 June 2024, rprealtyplus.com
  The Reserve Bank Of India (RBI) announced thea Repo Rate as Unchanged At 6.5% for the eighth time in a row. This decision by the RBI got positive reactions from the real estate sector…
• Phoenix Mills Plans Expansion In Thane, MMR And Bengaluru
  08 June 2024, rprealtyplus.com
  Phoenix Mills Limited (PML), retail-led mixed-use asset developer and operator of Phoenix Malls across the country, including Mumbai, may come up with a third mall in the Mumbai Metropolitan Region (MMR) in Thane and perhaps a hotel there…
• Gopalan Enterprises targets Rs 500 crore rental income over next four-five years
  08 June 2024, realty.economictimes.indiatimes.com
  Real estate developer, Gopalan Enterprises, part of Gopalan Group, aims to increase its office rental income to Rs 500 crore annually and could list its assets as a real estate investment trust (REIT) in the next four-five years, a senior company executive said…
• White goods, FMCG imports failing to get custom-fit tag
  08 June 2024, retail.economictimes.indiatimes.com
  White goods, chemicals, pharmaceuticals, and FMCG companies face import delays or higher duties as customs authorities scrutinize third-party invoicing at various ports. This practice, used for tax optimization, allows invoicing through a country different from the goods’ origin and is permitted under FTAs. However, customs officials suspect abuse of FTA provisions, withholding consignments and denying lower duty benefits at ports like Nhava Sheva. Authorities demand differential duty payments and invoke rules addressing potential duty evasion through third-party invoicing, leading to potential supply disruptions…
• Chinese smartphone brands drive AI proliferation in 2024, led by Oppo
  08 June 2024, retail.economictimes.indiatimes.com
  The second half of 2024 will see a surge in generative AI use in smartphones, spearheaded by Chinese brands like Oppo, Nothing, and Vivo. Analysts predict more AI features in lower-priced models, expanding beyond premium flagships. Oppo leads with over 100 AI capabilities and 5,399 AI patents. With AI phones projected to make up 11% of the global market, the segment will see significant growth, particularly in sub-$1000 models, driven by aggressive innovation from Chinese manufacturers…
• Fashion retailer Tendam’s core earnings are up 10%
  08 June 2024, retail.economictimes.indiatimes.com
  Spanish fashion retailer Tendam’s core earnings up 10% as it mulls IPO. The owner of the Women’s Secret, Cortefiel and Springfield chains is ready to launch an IPO on the Spanish stock exchange as soon as before the summer…
• LVMH Lines Up Next CFO as Luxury Empire’s Succession Stakes Grow
  08 June 2024, livemint.com
  LVMH has chosen an eventual successor to its long-time chief financial officer as billionaire Bernard Arnault prepares a new generation of leaders to steer the world’s biggest luxury group…
• Starbucks partners with food delivery platform Grubhub
  08 June 2024, retail.economictimes.indiatimes.com
  Starbucks will partner with Grub hub to deliver coffees and other customized beverages in select U.S. markets starting this month. “Our new partnership with Grub hub will help fuel this growth by increasing availability of Starbucks products to Grubhub’s tens of millions of customers,” Meg Mathes, vice president of digital experiences at Starbucks said…
• Easybuy Expands Presence with 9th Store Opening in Hyderabad
  08 June 2024, indianretailer.com
  Easybuy, the value fashion brand under the Landmark Group umbrella, has expanded its footprint in Hyderabad with the inauguration of its ninth store…
• Apparel Group’s R&B Fashion Opens 22nd Store in India
  08 June 2024, indianretailer.com
  Fashion brand Rare and Basics (R&B), part of the retail giant Apparel Group, has opened its 22nd store in India, located in Palarivattom, Kochi, Kerala…
• Contribution of FMCG Sector in Rural Penetration and Market Reach
  08 June 2024, indianretailer.com
  Fast-moving consumer Goods are essential and everyday products, like Snacks (chips, cookies, candies), Beverages (soft drinks, juices, tea, coffee) and Packaged foods (cereals, pasta, instant noodles are specifically designed for high demand and frequent consumption…
• Third Wave Coffee Launches Second Outlet at Hyderabad Airport
  08 June 2024, indianretailer.com
  Third Wave Coffee, a coffee-first quick-service restaurant chain, is excited to announce the opening of its latest outlet at Rajiv Gandhi International Airport in Hyderabad…
• HUL Names Arun Neelakantan as Executive Director for Customer Development
  08 June 2024, indianretailer.com
  Hindustan Unilever Limited (HUL), a leading FMCG manufacturer, made an announcement on Thursday regarding the appointment of Arun Neelakantan as the Executive Director of Customer Development…
• Top 15 Best Selling Whisky Brands In India
  08 June 2024, indianretailer.com
  The top whisky brands in India hold a significant place in the lives of Indian consumers, symbolizing more than just a drink. Often associated with status and prestige…
• The Evolution of Retail: Embracing Omnichannel Strategies
  08 June 2024, indianretailer.com
  In today’s rapidly evolving retail landscape, the traditional boundaries between online and offline shopping are increasingly blurred. This transformation is driven by the desire to meet consumer expectations of convenience, choice, and care…
• Timex Group India Celebrates Strong Partnership with Kamal Watches
  08 June 2024, indianretailer.com
  Timex Group India, a renowned watchmaker, celebrated its strong partnership with Kamal Watches by launching special edition watch collection from Timex and Guess…
• AMRPL Debuts ‘Vue De Luxe’ Sunglass Boutiques at Lucknow and Ahmedabad Airports
  08 June 2024, indianretailer.com
  April Moon Retail Pvt Ltd (AMRPL) proudly announces the launch of its premier sunglass concept store, ‘Vue De Luxe,’ located in the Departure Sections of Terminal 3 at Lucknow CSS International Airport and Terminal 2 at Ahmedabad International Airport…
• ‘Dobaraa’ Opens Outlet at Phoenix Mall of Asia, Bangalore
  08 June 2024, indianretailer.com
  Bellona Hospitality, the hospitality division of the Phoenix Mills Ltd., has launched its outlet of multi-cuisine gastropub ‘Dobaraa’ at Phoenix Mall of Asia, Bangalore…
• Cannes Lions Honours Mattel Chairman and CEO Ynon Kreiz
  08 June 2024, retail.economictimes.indiatimes.com
  The Cannes Lions International Festival of Creativity has announced that it will recognise Mattel’s Chairman and Chief Executive Officer, Ynon Kreiz, as Entertainment Person of the Year…
• Seagram’s Royal Stag Extends Partnership with ICC as Official Supporter
  08 June 2024, indianretailer.com
  Seagram’s Royal Stag has prolonged its partnership with the International Cricket Council (ICC) for an additional four years, affirming the brand’s dedication to cricket and its worldwide fanbase…
• Playskool X Hasbro: To Launch First Family Entertainment Centre
  08 June 2024, retail.economictimes.indiatimes.com
  Planet Playskool has teamed up with Hasbro to launch its first immersive and activity play zone designed to captivate the imaginations of both kids and parents…
• Aston Martin Aramco Formula One Team and LEGO Group Introduce New LEGO Set
  08 June 2024, indianretailer.com
  The Aston Martin Aramco Formula One Team, in collaboration with the LEGO Group, has unveiled a new LEGO set. This set comprises a double pack of LEGO Speed Champions car toys, featuring a LEGO build a replica of the podium-finisher AMR23 race car alongside the Aston Martin Vantage Safety Car…
• Sanjeev Kapoor’s Wonderchef Aims for Rs 820 Crore Revenue in FY25
  08 June 2024, retail.economictimes.indiatimes.com
  Ravi Saxena, founder and CEO of Wonderchef, the kitchen appliances brand endorsed by celebrity chef Sanjeev Kapoor, shared the company’s ambition to achieve a revenue milestone of Rs 820 crore in FY25…
• DoubleTree by Hilton Pune – Chinchwad Appoints Anand S Kumar as Front Office Manager
  08 June 2024, indianretailer.com
  DoubleTree by Hilton Pune – Chinchwad is delighted to announce the appointment of Anand S Kumar as the new Front Office Manager. Bringing over 15 years of extensive experience in the hospitality industry, Anand is well-equipped to lead and enhance the front office operations…
• bigbasket’s Green Achievements 2023: Less Carbon, More Electric, Recycled Waste
  08 June 2024, indianretailer.com
  bigbasket, a TATA Enterprise, has unveiled its 2023 Sustainability Report, spotlighting its significant advancements across six key impact areas: electric delivery vehicles, solar power generation, support for organic farmers, waste management, diversity and inclusion, and corporate social responsibility…
• Lifelong Online Launches Baby Care Products
  08 June 2024, indianretailer.com
  Lifelong Online, a leading Indian e-commerce brand for consumer goods, has ventured into the flourishing baby care market with the launch of a new baby product category…
• Raheja Developers’s ‘Surakshit Nivesh Yojna’ Scheme For Delhi Mall Complex
  07 June 2024, rprealtyplus.com
  Following the tremendous success of Phase 1, Raheja Developers announced the grand launch of the “Surakshit Nivesh Yojna Scheme” (Phase 2) at the Delhi Mall Complex on Main Patel Nagar Road…
• Amazon acquires video streaming platform MX Player
  07 June 2024, retail.economictimes.indiatimes.com
  MX Player will add to Amazon’s existing video services Prime Video and MiniTV. The technology major is expected to retain the MX Player brand after the acquisition…
• Barbeque Nation Hospitality to invest Rs 300 crore over next 3 years to expand its presence
  07 June 2024, retail.economictimes.indiatimes.com
  This fiscal year, the company is aiming to turn PAT positive. In FY 23-24, the EBITDA margins of the company stood at 18.3 per cent. However, its EBITDA margins are still lower by around 300 bps or 3-4 percentage points than what it used to do pre-COVID – 22-23 per cent…
• AC sales may touch new record of 14 million units annual sales in 2024: CEAMA
  07 June 2024, retail.economictimes.indiatimes.com
  The blistering heatwave has driven record demand for room air-conditioners, with expected annual sales of around 14 million units, says the Consumer Electronics and Appliances Manufacturers Association (CEAMA). May saw record-breaking AC sales, with projections of 30-40% growth in summer. Energy-efficient models and indigenous manufacturing contribute to the market’s robust expansion…
• HUL elevates Arun Neelakantan to the role of exec director, customer development
  07 June 2024, retail.economictimes.indiatimes.com
  Hindustan Unilever Limited (HUL) has appointed Arun Neelakantan as the new executive director, customer development, effective July 1st, 2024. Neelakantan, who started his career in 2006 as Key Account Manager in Modern Trade, has a strong track record in customer development and marketing. He has led large teams and changed agendas across various trades and channels…
• Cosmetics brand Swiss Beauty wants to deliver premium at affordable prices
  07 June 2024, retail.economictimes.indiatimes.com
  Swiss Beauty closed FY24 at a revenue of Rs 425 crore and is eyeing Rs 550 crore sales next fiscal recording a growth of 40 per cent. As per Tracxn, in FY23 the company reported a revenue of Rs 196.5 crore with a profit after tax of Rs 36.4 crore…
• Smartwatch companies turn to premium buyers looking for upgrade
  07 June 2024, retail.economictimes.indiatimes.com
  Leading smartwatch brands like Noise, Boult, and Boat are targeting repeat buyers with premium hardware to increase average selling prices and improve profitability amid declining shipments and intense competition. They are using their own processors, high-end materials, and aesthetic enhancements, while aggressively expanding into offline retail channels. This shift follows a 7.3% drop in Q1 2024 shipments and a fall in ASP to $20.65. The focus is now on offering premium products with better features to attract discerning consumers…
• FMCG firms see consumption boost with mixed mandate
  07 June 2024, financialexpress.com
  Fast-moving consumer goods (FMCG) companies expect the new government to be more consumption-focused, as the attention shifts to managing alliance partners with the return of coalition politics at the Centre…
• Rural sector comes in focus, moderate consumption push likely
  07 June 2024, financialexpress.com
  A clutch of steps aimed at addressing the issue of income stagnation being faced by sections of the population and the persisting rural distress could be part of the short-term agenda of the new government, according to sources privy to the deliberations in the National Democratic Alliance (NDA)…
• Chef Sanjeev Kapoor’s Wonderchef eyes Rs 820 cr revenue in FY25
  07 June 2024, retail.economictimes.indiatimes.com
  “In FY24, we posted sales of about Rs 700 crore, and we are planning to touch about Rs 820 crore in FY25, on account of new product ranges, distribution expansion, and the e-commerce segment — which brings in about 30 per cent of sales for the company,” he told PTI…
• Ten Key Insights for Building Strategic Partnerships in Retail Landscape
  07 June 2024, indianretailer.com
  In today’s dynamic retail landscape, strategic collaborations between brands have emerged as a vital strategy for unlocking success. At the IREC X D2C 2024 Summit held in Bengaluru, industry experts convened to discuss the transformative power of partnerships in the retail sector. Here are ten key takeaways from the insightful panel discussion…
• KICL Brings French Footwear Brand ‘Kickers’ to India
  07 June 2024, indianretailer.com
  Chennai-based Kothari Industrial Corporation Ltd. (KICL) is gearing up to enter the retail space and has signed an agreement with France-based Royer Group to bring the iconic Kickers brand of products to India. The tie-up with Royer Group will help KICL to host Kickers retail stores across the country. The first such retail Kickers’ store will come up in Chennai…
• HanesBrands to Sell ‘Champion’ business to Authentic Brands Group
  07 June 2024, indianretailer.com
  HanesBrands, a global leader in iconic apparel brands, has entered into a definitive agreement to sell the intellectual property and certain operating assets of the Company’s global Champion business to Authentic Brands Group (“Authentic”) for a transaction value of $1.2 billion, with the potential to reach up to $1.5 billion through..
• Nisaba Godrej Quits VIP Board over Leadership Disagreement
  07 June 2024, indianretailer.com
  Nisaba Godrej has resigned as the independent director on the VIP Industries board due to differing views on leadership accountability and succession planning…
• Call Chotu Enters into Offline Market by Opening Brand New Chic Diner at Saket, Delhi
  07 June 2024, indianretailer.com
  Conceptualised first as a cloud kitchen brand in 2019 that took Delhi’s online ordering by storm, Call Chotu has announced the the launch of their first offline space: Chotu’s All Day Diner & Bar…
• Bombay Brasserie Travels to Malleshwaram, Opens Outlet at Orion Mall
  07 June 2024, indianretailer.com
  Bombay Brasserie has recently opened its newest outpost at Orion Mall, Malleshwaram in Northwest Bengaluru. With this, the place has become latest destination to experience Indian art, culture and culinary nuances in an all-new essence with a charming art-deco vibe. ..
• After 13 Years, How These Restaurateurs Are Driving Biz Focusing on Sustainability, Competition and Concept
  07 June 2024, indianretailer.com
  Combining resources, strategic loan acquisitions, nationwide exploration, thorough research, mentorship, and a shared vision to introduce European craft beer culture to the area, the dynamic duo of Amritanshu Agrawal and Dr. Priyanka Gupta founded the ground breaking microbrewery, Hops n Grains, nestled in Panchkula back in 2011, then the fifth of its kind in India…
• Women’s Handball League Inks a Multi-Year Deal with Nivia Sports as Official Ball and Kit Sponsor
  07 June 2024, indianretailer.com
  The Women’s Handball League (WHL), backed by Pavna Sports Venture, has announced a strategic partnership with Nivia Sports, a leading Indian sports equipment manufacturer…
• BIC Cello Introduces ‘Hallyu’ to Schools with Latest K-Series Fountain Pens
  07 June 2024, indianretailer.com
  BIC Cello has recently unveiled its highly awaited K-POP & K-Drama Fountain Pens, blending writing sophistication with the captivating charm of South Korean culture…
• TreeHouse Hotels & Resorts Inks Deal for Second Property in Amritsar
  07 June 2024, indianretailer.com
  TreeHouse Hotels & Resorts, a prominent hospitality chain under Karma Hospitality LLP, has unveiled the signing of its second property in Amritsar, Punjab – TreeHouse Stamp…
• The Face Shop Introduces Mini Versions of Top-Selling Line in India for the First Time
  07 June 2024, indianretailer.com
  Global Korean beauty leader, The Face Shop, unveils their ‘mini collection’ in India, introducing compact versions of their most adored products tailored for those on-the-go…
• Borosil Secures Top Market Position with Larah Opalware
  07 June 2024, indianretailer.com
  Borosil, a prominent consumer product company in India, has announced the remarkable achievement of Larah Opalware by Borosil, securing the top spot as India’s leading brand in the opalware category, according to the latest sales report of 2024…
• Sereko Marks One Year of Transforming Skincare with a Mind-First Approach
  07 June 2024, indianretailer.com
  Sereko, India’s pioneering psychodermatology brand, commemorates a significant milestone as it concludes a year of dedication to mitigating the impact of mental stress on the skin…
• Snitch Innovates Sustainable Fashion with Relove Integration
  07 June 2024, indianretailer.com
  Snitch, a prominent men’s fashion brand, announced its collaboration with Relove, an innovative platform for sustainable fashion. This strategic partnership underscores Snitch’s dedication to sustainability, providing customers with the opportunity to buy authenticated preloved Snitch items at significant discounts and sell their own preloved Snitch products…
• Heads Up for Tails Introduces a New Era of Premium Pet Care with Q-Commerce
  07 June 2024, indianretailer.com
  Heads Up for Tails, a prominent advocate for pet well-being in India, proudly announces its enhanced accessibility for furry friends through quick commerce services, nationwide…
• Birla Estates to jointly develop 13.27-acre land in Gurugram
  06 June 2024, realty.economictimes.indiatimes.com
  The land parcel is spread across 13.27 acres with a development potential of approximately 2.4 million sq ft offering a revenue potential of about Rs 5,000 crore…
• India receives foreign direct investment inflow of $70.9 billion in FY24
  06 June 2024, retail.economictimes.indiatimes.com
  Out of total FDI flows, FDI equity inflow received during FY 2023-24 stood at USD 44.4 billion. The equity inflows for the quarter January 2024 to March 2024 stood at USD 12 billion registering a 33 per cent year-on-year growth…
• Nisaba Godrej quits VIP Board over differences
  06 June 2024, retail.economictimes.indiatimes.com
  Nisaba Godrej resigned as independent director from VIP Industries board due to differences in leadership accountability and succession planning, effective June 3rd, 2024. In a letter to Chairman Dilip Piramal, she praised the company but expressed diverging views. VIP Industries, a luggage category leader in India, faces challenges amidst reports of potential promoter stake sale, competition from Samsonite and Safari Industries, and declining profits despite a 10% rise in net sales last fiscal…
• Food delivery, e-commerce platforms unite to protect their delivery partners from heatwave
  06 June 2024, retail.economictimes.indiatimes.com
  With large swathes of India being under the grip of heatwave and several cities recording temperatures above normal levels. Food delivery platform Zomato has established 450 rest points for delivery partners across the country, regardless of their company. The rest points are equipped with comfortable seating, free drinking water, mobile charging points, and clean washroom facilities…
• French shoe brand Kickers to enter Indian retail market; factory planned in TN
  06 June 2024, retail.economictimes.indiatimes.com
  While this marks KICL’s direct entry into the retail segment of finished leather and non-leather products, a plant to manufacture Kickers shoes and accessories is also planned in Tamil Nadu…
• Cola, ice creams sell like hot cakes amid prolonged heat spell
  06 June 2024, retail.economictimes.indiatimes.com
  “With a steady rise in demand, we expect to remain bullish in our sparkling, hydration and juice segments, refreshing consumers with our carefully curated beverages for life portfolio,” said a Coca-Cola India spokesperson…
• Zara owner Inditex reports slowing quarterly sales growth
  06 June 2024, retail.economictimes.indiatimes.com
  Zara owner Inditex grew its sales by 7% in the first quarter of its fiscal year. The world’s largest listed fashion retailer reported 8.15 billion euros ($8.87 billion) in sales during the three months to April. That compared to an average analyst forecast of 8.1 billion euros, according to an LSEG poll…
• Lululemon tops quarterly estimates on solid China demand; to buy back more shares
  06 June 2024, retail.economictimes.indiatimes.com
  Increased store footprint in China helped improve customer traffic for the brand, countering a slackening demand in the United States from higher cost-of-living pressures…
• DeVANS introduces two additions to the Six Fields wheat beer range
  06 June 2024, thehindubusinessline.com
  Operating in 18 states and exporting to countries like New Zealand, Australia, Japan, and the UAE, DeVANS’ strategic growth and product diversification are driving its success…
• Aam Aadmi’s welfare to fare well for FMCG
  06 June 2024, retail.economictimes.indiatimes.com
  With a weaker mandate, the agenda for the BJP-led NDA government is likely to switch from growth to welfare with the government being under pressure to roll out populist measures for boosting consumption. In a bearish market, the TINA (there is no alternative) factor burnishes the allure of otherwise defensive FMCG stocks…
• Kosmoderma Skin Hair & Body Clinic Unveils 10th Clinic in Bandra, Mumbai
  06 June 2024, indianretailer.com
  Kosmoderma Skin Hair & Body Clinic, a renowned aesthetic dermatology chain, is now welcoming beauty and skincare enthusiasts in the City of Dreams with the launch of its 10th clinic…
• 10 Best Ethnic Wear Brands in India For Men and Women
  06 June 2024, indianretailer.com
  The ethnic wear industry in India provides a vibrant and diverse range of traditional clothing options for people of all ages and backgrounds. With its rich cultural heritage, India has a long-standing tradition of ethnic wear, which has gained popularity not only within the country but also internationally…
• Top 10 Luxury Watch Brands in India: How to Make the Right Choice
  06 June 2024, indianretailer.com
  Did you know Sylvester Stallone, the iconic Hollywood action star, is auctioning off feature 11 of “Rocky “. Among the highlights is the Patek Philippe Grandmaster Chime…
• How Retailers are Embracing Sustainability & Making a Difference This World Environment Day
  06 June 2024, indianretailer.com
  In celebration of World Environment Day, a spotlight shines on several leading brands that are showcasing their commitment to sustainability and environmental stewardship…
• How Kama Ayurveda Transformed the $18 Billion Ayurveda Industry Globally
  06 June 2024, indianretailer.com
  Building a brand rooted in Ayurveda, especially when it wasn’t widely recognized or respected, posed significant challenges. Vivek Sahni, Founder & Chairman of Kama Ayurveda, successfully navigated these hurdles to establish a global presence…
• Bottega Veneta Revamps Dubai Store with Matthieu Blazy Design
  06 June 2024, indianretailer.com
  Bottega Veneta has reopened its Mall of Emirates store, revealing a fresh design concept crafted by Matthieu Blazy…
• Top 5 Jewellery Brands in India with the Largest Retail Networks
  06 June 2024, indianretailer.com
  The Indian jewellery market showcases a blend of tradition and modern trends. Leading this market are the top five jewelers in India, known for their exquisite pieces and extensive retail networks…
• How Kunal Kapoor’s Ketto is Changing the Face of Indian Fundraising
  06 June 2024, indianretailer.com
  Kunal Kapoor, an acclaimed Bollywood actor, has ventured beyond the silver screen to make a significant impact in the world of social entrepreneurship. His brainchild, Ketto, a crowdfunding platform, is revolutionizing the way India donates to causes…
• Ardbeg Debuts at Ospree Duty Free for Mumbai’s First Travel-Retail Day
  06 June 2024, retail.economictimes.indiatimes.com
  Ospree Duty Free in Mumbai is hosting an exclusive event in collaboration with Ardbeg, the renowned Islay whisky from LVMH, to celebrate the launch of its limited edition Ardbeg Spectacular…
• Inside SUGAR Cosmetics’ Strategy for Profit and Market Dominance
  06 June 2024, irecwire.com
  As SUGAR Cosmetics continues to innovate and expand, its journey offers valuable lessons in balancing growth, profitability, and authenticity in the dynamic landscape of unified commerce…
• Ease My Trip: From Humble Beginnings to Global Aspirations
  06 June 2024, irecwire.com
  Ease My Trip’s IPO in 2021 marked a significant milestone, transforming the company’s shareholder base from 3 to 800,000…
• New government must bring policy reforms in realty sector: NAREDCO
  05 June 2024, realty.economictimes.indiatimes.com
  The real estate sector is at a crucial point, with great growth potential but significant challenges. To reach a market size of USD 1 trillion by 2030 and become a net-zero carbon industry by 2047, we need government support…
• Good Glamm Group appoints Lauren Bloomer as president – international
  05 June 2024, retail.economictimes.indiatimes.com
  Lauren Bloomer appointed as president – international of Good Glamm Group, a South Asia’s DTC beauty conglomerate, bringing 23 years of experience in beauty and consumer goods industries…
• Amazon backs social media influencers, launches Creator University
  05 June 2024, retail.economictimes.indiatimes.com
  Amazon is promoting India’s social media influencers to create content directly on its platform. Zahid Khan, director of shopping initiatives highlighted the dual approach of leveraging external social media platforms and creating engaging content on the e-commerce platform…
• VF Corp appoints independent directors as Engaged Capital pushes for board refresh
  05 June 2024, retail.economictimes.indiatimes.com
  The North Face owner VF Corp on Monday appointed two new independent directors to its board, amid pressures from activist investor Engaged Capital for a board reshuffle and faster change at the company grappling with choppy demand. With the appointments, VF has added five new directors to its board within the past two years, including directors with fashion apparel and footwear experience…
• Elections over, multiplexes gear up for stronger second half
  05 June 2024, financialexpress.com
  The Indian box office could come alive in the second half of the current calendar year following an end to the two-month-long election season…
• While India’s GDP growth strong, private consumption remains muted: S&P Global Market Intelligence
  05 June 2024, retail.economictimes.indiatimes.com
  S&P Global Market Intelligence asserts that weak private consumption in India remains the largest concern, with rural demand in particular still “straggling to catch up”, at a time when the country’s overall growth remains strong…
• Bath & Body Works forecasts downbeat annual profit on subdued demand; shares tumble
  05 June 2024, retail.economictimes.indiatimes.com
  Customers with constrained budgets are still unwilling to spend on expensive non-essential products such as home goods, while they have begun to open their wallets to smaller discretionary items like trendier clothes and accessories…
• Bonito Designs Unveils Flagship Hub in Andheri, Mumbai with Gauri Khan & Manish Malhotra
  05 June 2024, indianretailer.com
  Bonito Designs, India’s exclusive full-home interior design company, has unveiled the country’s first immersive flagship experience center in Andheri, Mumbai…
• 10 Game-Changing Tips for Seamless Omni-Channel Retail Integration in 2024
  05 June 2024, indianretailer.com
  The omnichannel approach is transforming retail, aiming to provide a seamless, integrated shopping experience across all customer touchpoints. This approach leverages technology to unify online and offline channels, ensuring customers have a consistent experience regardless of how they choose to shop…
• Kalyan Jewellers Purchases Remaining Stake in Candere
  05 June 2024, indianretailer.com
  Kalyan Jewellers India Ltd has announced the signing of the definitive agreement with Rupesh Jain, Founder of Enovate Lifestyles Pvt. Ltd to acquire his residual 15 percent in Candere, a subsidiary of Kalyan Jewellers…
• Gokyo Outdoor Clothing & Gear Brand Expands Presence in Bengaluru
  05 June 2024, indianretailer.com
  Gokyo, a rising star in India’s adventure apparel and gear industry, has launched its first store in Bengaluru. In addition to its flagship store in Mumbai, Gokyo’s products are available in prominent outdoor stores across Maharashtra, Noida, Srinagar, and Sikkim…
• Revolutionizing Retail: The AI-Powered Future
  05 June 2024, indianretailer.com
  In the rapidly evolving world of commerce, where digital transformation has become the cornerstone of success, the role of artificial intelligence (AI) stands out as a game-changer…
• The State of D2C in 2024: Navigating New Challenges in a Dynamic Market
  05 June 2024, irecwire.com
  In a landscape marked by change and competition, the ability to adapt, innovate, and prioritize customer needs emerges as the guiding principles for success. As the journey of D2C brands unfolds, one thing remains certain: the future of retail belongs to…
• Culinary Haven Blanca Opens its Door in Chattarpur, Delhi
  05 June 2024, indianretailer.com
  Blanca, a beautiful two-floor café and re­staurant bar, welcome customers to discover unre­stricted creativity, where classic Victorian design meets a bohemian coastal aesthetic in Delhi…
• Sheraton Grand Pune Appoints Rajinder Sareen as Executive Chef
  05 June 2024, indianretailer.com
  Sheraton Grand Pune has announced the appointment of Rajinder Sareen as their new Executive Chef. Chef Sareen comes with over 20 years of international hospitality management experience, marked by a distinguished career in some of the world’s most prestigious hotels and restaurants…
• Chowman Opens First Outlet in Gurgaon
  05 June 2024, indianretailer.com
  Kolkata-based Chinese restaurant chain, Chowman continues its expansion spree across Delhi NCR with an opening of its first outlet in Sector 31, Gurgaon…
• Building a Coffee Business: 10 Key Strategies for Success in a Competitive Market
  05 June 2024, indianretailer.com
  Building a coffee business is much like brewing a great cup of coffee — it requires precision, passion, and a touch of creativity. The right approach can turn a budding coffee venture into a thriving enterprise, something I’ve experienced firsthand after starting Kaapi Solutions in 2017…
• Garuda Aerospace Pvt. Ltd. Launches India’s First Exclusive Drone Showroom
  05 June 2024, indianretailer.com
  Garuda Aerospace Private Limited, a leader in India’s drone industry, inaugurated the nation’s first exclusive drone showroom in Chennai, Tamil Nadu, with Dr. R Velraj (Vice Chancellor, Anna University) and Agnishwar Jayaprakash (CEO of Garuda Aerospace) in attendance…
• Retail Space To Add ~45 Mn Sq. Ft In 5 Years
  04 June 2024, rprealtyplus.com
  The five years, Q2 2024 – end 2028, will see a surge in organized retail space completions. The top seven cities (Mumbai, Delhi NCR, Bengaluru, Hyderabad, Pune, Kolkata, Chennai) in India will welcome ~ 45 million sq. ft. through 88 new retail developments, outpacing the supply of the past decade (2014-2023), which was ~38 million sq. ft…
• Concorde Launches Concorde Mayfair With A GDV Of Rs 700 Cr
  04 June 2024, rprealtyplus.com
  Concorde, a leading Bengaluru-based real estate developer, as part of its planned expansion, has launched Concorde Mayfair, a premium mixed development that will include high-rise residences, commercial spaces, and high-street retail on Bellary Road, Yelahanka…
• Paras Buildtech to invest around Rs 500 crore on Gurugram project
  04 June 2024, realty.economictimes.indiatimes.com
  We are launching a new ultra luxury project in Gurugram. The price of each apartment will be around Rs 9 crore,” Kunal Rishi, COO of Paras Buildtech, said…
• Mumbai: 17 malls get notices for fire safety norm deficiencies
  04 June 2024, realty.economictimes.indiatimes.com
  ​​​A Brihanmumbai Municipal Corporation release said 48 of the 68 malls were found to be following fire safety norms during inspections held between May 26 and 30, while 17 malls have got notices for not adhering to these stipulations…
• Kalyan Jewellers India acquires remaining stake in Candere
  04 June 2024, retail.economictimes.indiatimes.com
  Kalyan Jewellers India has signed a definitive agreement with Rupesh Jain, the founder of Candere to acquire his remaining 15 per cent stake in Candere valued at Rs 42 crore making it a subsidiary of Kalyan Jewellers, a wholly owned entity. The jewellery retailer initially acquired a majority stake in Candere in 2017 to enter the e-commerce sector. In the fiscal year 2023-24, Candere reported an annual revenue of Rs 130.3 crore.​​..
• Trent plans global retail push after acing it in India
  04 June 2024, retail.economictimes.indiatimes.com
  Noel Tata-led Trent is venturing into international markets with a flagship store in Dubai, targeting the Indian diaspora. Zudio, a key brand, has surpassed ₹7,000 crore in revenue in India. The company experienced another year of substantial growth in FY24, with net sales increasing by 50% to ₹12,375 crore and net profit nearly quadrupling to ₹1,477 crore…
• Hello Kitty forays into India with Dream Theatre
  04 June 2024, retail.economictimes.indiatimes.com
  “We expect to have a good hold on the Indian market in the next 3 years by collaborating with key retailers. Hello Kitty resonates with all targets (teenagers, family, kids) and that makes us optimistic here in India,” Silvia Figini, COO (EMEA, Oceania, and India), Sanrio Company Ltd. and Mister Men Limited Worldwide said…
• Baron Capital marks up Swiggy valuation by 25% to $15.1 billion
  04 June 2024, retail.economictimes.indiatimes.com
  Swiggy Valuation: Baron Capital, which participated in Swiggy’s $700 million funding round in January 2022 at a valuation of $10.7 billion, has raised the fair value of its holding in Swiggy for the fourth straight time. Crossover funds, i.e. funds which invest in publicly traded and privately held companies, review the valuation of their portfolio companies periodically…
• Milk prices in India on the boil: What’s causing the hikes time and again?
  04 June 2024, retail.economictimes.indiatimes.com
  Following India’s completion of the monumental 18th Lok Sabha elections, a surge in prices emerged notably in milk and tolls. The nation’s top two milk cooperatives, Amul and Mother Dairy, have announced a Rs 2 increase in their milk prices, effective June 3. Consequently, the full cream variants of Mother Dairy and Amul, previously priced at Rs 66 per litre in 2023, will now be priced at Rs 68 per litre…
• ONDC clocks all-time high of 8.9 million transactions in May
  04 June 2024, retail.economictimes.indiatimes.com
  The government-run Open Network for Digital Commerce (ONDC) on Monday said it recorded an all-time high of 8.9 million transactions across retail and ride-hailing segments in May…
• From party ender to party soul: Tequila now fastest-growing alcohol segment in India
  04 June 2024, retail.economictimes.indiatimes.com
  Tequila, once a party staple involving a lick of salt, a shot, and a lime wedge, is evolving. It’s now sipped neat, on the rocks, with soda, or in diverse cocktails, becoming India’s fastest-growing alcohol segment. Sales nearly doubled to 123,000 cases in the last year and have more than tripled since 2019, driven by changing drinking habits and new product launches…
• Style Up Expands Presence with Seventh Store in Hyderabad
  04 June 2024, indianretailer.com
  ‘Style Up’, a prominent youth shopping destination under Aditya Birla Fashion and Retail Ltd. (ABFRL), has opened its seventh store in Hyderabad. The new store is situated in the recently launched Aparna Neo Mall at Nallagandla…
• How D2C Brands are Blurring the Lines Between Online and Offline Retail
  04 June 2024, indianretailer.com
  At the IReCxD2C Summit Bengaluru, the Founders Forum panel titled “Insights From The Brands Who Are Disrupting with Hybrid and Retail Strategy in 2024” brought together visionaries who are reshaping the retail landscape…
• Top 10 Biggest Water Parks in India
  04 June 2024, indianretailer.com
  Are you ready to beat the heat and have some splashing fun? As the summer season approaches, there’s no better way to cool off than by visiting some of the best water parks in India…
• Wildcraft India Collabs with Apparel Group to Expand Presence in GCC Region
  04 June 2024, indianretailer.com
  Wildcraft India announced a partnership with Dubai-based fashion and lifestyle retail company Apparel Group to facilitate its expansion in the Gulf Cooperation Council (GCC) region…
• Kewal Kiran Clothing Limited Acquires 50 pc Stake in Kraus Casuals Private Limited
  04 June 2024, indianretailer.com
  Kewal Kiran Clothing Limited (KKCL) has announced the strategic acquisition of a 50 percent stake in Kraus Casuals Private Limited (KCPL) for a total consideration of Rs 166.51 crore…
• Top 10 Female Cigarette Brands in India [2024]
  04 June 2024, indianretailer.com
  In recent years, the smoking preferences of women have evolved, prompting cigarette brands to develop products that cater specifically to their tastes and lifestyles…
• Bata India Launches Nine West to the Indian Market
  04 June 2024, indianretailer.com
  Bata India recently hosted an exclusive preview event in the capital to launch the latest collection from New York’s renowned footwear and accessories brand, Nine West…
• Top 10 Shoe Brands in India : 2024’s Top Picks
  04 June 2024, indianretailer.com
  Shoes are not just a necessity; they are a statement of style and comfort. In India, the footwear industry has witnessed remarkable growth, with several brands offering a diverse range of shoes to cater to the diverse preferences of consumers…
• ReturnsPrimebook Expands Reach with Launch on Amazon
  04 June 2024, indianretailer.com
  Primebook, a growing brand in the affordable Android laptop market, is set to launch its innovative laptops on Amazon starting June 3rd, 2024. Previously available only on Flipkart, this expansion to Amazon’s platform marks a significant milestone, making Primebook devices more accessible to a wider audience in the retail sector…
• Mumbai’s Property Registrations Revenues Expected To Grow By 21% YoY
  03 June 2024, rprealtyplus.com
  Mumbai city (area under BMC jurisdiction) is expected to record property registration in excess of 11,802 units in May 2024, adding over INR 1,010 Crores (Cr) to the state exchequer for the month of May 2024…
• Properties worth Rs 1.17 lakh crore sold by 18 listed realty firms in FY24
  03 June 2024, realty.economictimes.indiatimes.com
  Major real estate developers in India, including Godrej Properties, Prestige Estates Projects, and DLF, achieved significant sales bookings in the last fiscal year driven by strong demand for residential properties, especially luxury homes…
• VC funds take a shine to new gen’s D2C brands
  03 June 2024, retail.economictimes.indiatimes.com
  Direct-to-customer (D2C) startups founded by scions of traditional business families are raking in venture funding across sectors like food, apparel, and wellness. Investors see these entrepreneurs’ deep understanding of the business and connections in the supply chain ecosystems as a recipe for modernising legacy businesses. ..
• Mall developers see opportunity in tier 2 cities
  03 June 2024, retail.economictimes.indiatimes.com
  Brands include H&M, Marks & Spencer, GAP and Tasva set up shop in cities like Indore, Mangalore, Patna, Ranchi, Mysore, and Coimbatore, according to data from real estate consultancy CBRE…
• That AC or fridge you were planning to buy just got more expensive
  03 June 2024, retail.economictimes.indiatimes.com
  Consumers in Kolkata will experience 2-5% price hikes on electrical goods due to factors like high inflation rates in copper and aluminium, freight cost increases, Red Sea crisis, and rupee depreciation…
• Retail beyond the metros: Understanding the demands of ‘Real Bharat’
  03 June 2024, retail.economictimes.indiatimes.com
  Localization emerges as a guiding principle in meeting the demands of Real Bharat. From product assortment to marketing strategies, retailers must embrace the diversity of cultures, languages, and preferences that characterize different regions. This entails not only translating content but also adapting products to suit local tastes and lifestyles…
• As Q-comm stretches itself, others play the patience game
  03 June 2024, financialexpress.com
  With 10-minute deliveries now encompassing not just groceries, but gold coins and even TV, ACs, and fridges, the categories and products on offer are expanding at a pace similar to their delivery periods…
• Titan Company to expand jewellery market share; grow emerging businesses
  03 June 2024, livemint.com
  Jewellery and watch retailer Titan Company is looking to expand its market share in the jewellery business by ramping up store count by nearly 40% to 1,250 across its jewellery brands by FY27, the Bengaluru-based firm said…
• Beer goes bearish in Delhi, fails to meet mercury highs in peak summer
  03 June 2024, retail.economictimes.indiatimes.com
  RetailDelhi’s temperature has hit record highs, but popular beer brands are missing from shelves, affecting chilled beer availability. The sale of beer in Delhi has seen a marginal decline compared to other states due to the lack of availability and limited growth in liquor shops…
• Desi startups head home as market booms
  03 June 2024, retail.economictimes.indiatimes.com
  A growing number of Indian-origin companies are ‘reverse flipping’ – shifting their domicile back to India from overseas because of attractive stock market valuations and to avoid trouble on the regulatory front…
• Startup funding in May rises 62% on year to $817 million
  03 June 2024, retail.economictimes.indiatimes.com
  New-age startups raised $817.2 million in May 2024, up 62% from last year, with top investor Venture Catalysts leading funding rounds for startups like Zypp Electric…
• Strategic acquisition of mid-level talent is pivotal for D2C companies to grow in this market
  03 June 2024, retail.economictimes.indiatimes.com
  The D2C market in India is experiencing significant growth, driven by a surge in consumer numbers and a diversification of offerings. AI and automation are playing a crucial role in revolutionizing operations, while the impact of the Open Network for Digital Commerce (ONDC) is profound…
• The Evolution of E-Commerce in the FMCG Sector
  03 June 2024, indianretailer.com
  In the dynamic realm of Fast-Moving Consumer Goods, the digital revolution is reshaping the way consumers shop and interact with brands. With an increasing number of shoppers turning to online channels for convenience and…
• Returns Fraud: 4 Ways to Fight Back with Data Insights
  03 June 2024, indianretailer.com
  The vast majority (90 percent) of online retailers say customers’ misuse of return policies and loyalty programs is affecting their bottom line, according to a global study in 2023 by Riskified[1]…
• How Textile Innovations are Shaping the Next Wave of Fashion in India
  03 June 2024, indianretailer.com
  Positioned at the cliff of a transformative journey, the Indian textile industry is poised to emerge at the forefront of the global landscape. Backed by its rich cultural heritage, the industry is all set to foray into the avenues of..
• Uniqlo Launches Arigato Festival Discount Event from May 31 to June 6
  03 June 2024, indianretailer.com
  Japanese fashion brand Uniqlo has announced its annual Arigato Festival, a flagship discount event running from May 31 to June 6…
• PinterestMitchell USA Launches Innovative Skincare Range for Women on the Go
  03 June 2024, indianretailer.com
  Mitchell USA, a renowned name in the skincare industry, has unveiled a revolutionary skincare regimen designed specifically for women leading busy lives…
• Maybelline New York Teams Up with Peggy Gou for Creative Collaboration
  03 June 2024, indianretailer.com
  Maybelline New York, a renowned cosmetics brand globally, is excited to introduce Peggy Gou, the electronic music sensation, as its latest global ambassador…
• Mitchell USA Launches Innovative Skincare Range for Women on the Go
  03 June 2024, indianretailer.com
  Mitchell USA, a renowned name in the skincare industry, has unveiled a revolutionary skincare regimen designed specifically for women leading busy lives…
• Trent plans global retail push after acing it in India
  03 June 2024, economictimes.indiatimes.com
  Riding the wave of its success in the domestic retail market, Noel Tata-led Trent is exploring opportunities to set up its retail formats outside Indian shores, beginning with a flagship store in Dubai, said people in the know…
• Sunteck Realty Ltd Records Higher Ever Pre-sales in FY24
  01 June 2024, rprealtyplus.com
  Sunteck Realty Limited, Mumbai’s premium real estate developer, announced its results for the fourth quarter and full year of FY24…
• Investors rejoice: Surakshit Nivesh Yojna (PDPMY Phase-2) launches at Delhi Mall Complex
  01 June 2024, realty.economictimes.indiatimes.com
  After the successful launch of Pehle Dukan Phir Makan Yojana (PDPMY) 1.0 where Raheja Developers received 768 registration and the sale of 150 crore, the real estate developer is now coming up with the Surakshit Nivesh Yojna (PDPMY Phase-2)…
• In-store mobile phone sales dry up on rising temperatures
  01 June 2024, retail.economictimes.indiatimes.com
  “Regions such as Delhi, Rajasthan, Haryana and UP have been particularly affected by the heatwave and power cuts in Delhi, resulting in a drastic 50% decline in business,” said Kailash Lakhyani, chairman, All India Mobile Retailers Association that represents 1.5 lakh mobile retailers across the country…
• Godfrey Phillips Q4 net profit rises 46% to Rs 215.12 crore, Revenue up 22.8% to Rs 1,197 crore
  01 June 2024, retail.economictimes.indiatimes.com
  Cigarette maker Godfrey Phillips India Ltd on Thursday reported an increase of 46.25 per cent in its consolidated net profit to Rs 215.12 crore for the fourth quarter ended March 2024. The company had posted a net profit of Rs 147.09 crore during the January-March period of the previous fiscal, according to a regulatory filing from Godfrey Phillips India…
• HUFT’s couplepreneur on international expansion, increasing manufacturing capacity and profitability
  01 June 2024, retail.economictimes.indiatimes.com
  Apart from this, the brand is also planning to invest Rs 15 crore to expand the pet food manufacturing capacity of its 2 production facilities based out of Bengaluru to cater to the demand for the next 3-5 years…
• Indians give eateries cold shoulder amid head-spinning heat
  01 June 2024, retail.economictimes.indiatimes.com
  Extreme heatwave conditions across India have significantly impacted restaurants, pubs, and bars, leading to a sharp decline in sales and footfalls, with some outlets reporting up to a 40% decrease. Al fresco dining and high street locations are worst affected, especially during lunch hours, which are seeing a notable drop in business. The heatwave, with temperatures exceeding 50 degrees Celsius in some places, has led people to avoid outdoor dining, impacting sales till about 6 pm…
• Alcobrew Distilleries aims to cross volume target of 5 million cases, eyes Rs 1,000 crore revenue in FY25
  01 June 2024, retail.economictimes.indiatimes.com
  ​Alcobrew’s brands, particularly White & Blue and Golfer’s Shot have been majorly contributing to its growth. ​In 2023-24, it has sold over 7,00,000 cases of Golfer’s Shot and aims to double this figure in this fiscal. Anant Iyer, chief operating officer said, “Our premium brands have driven growth not only in volume but also in overall revenue.”…
• Soundbar maker Govo revenue jumps 5X; targets to cross Rs 1,000 cr mark by FY2027
  01 June 2024, retail.economictimes.indiatimes.com
  Bengaluru-headquartered Govo, which sells soundbars, earphones, and headphones, clocked a revenue of Rs 100 crore in FY2024, against Rs 20 crore in the previous year. The startup is eyeing to reach the Rs 1,000 crore mark by FY2027, Jalan shared…
• Sky Gold sees two-fold jump in Q4 net profit at Rs 13.6 crore
  01 June 2024, retail.economictimes.indiatimes.com
  “In December 2023, the company transitioned to a significantly larger facility located in Navi Mumbai, boasting a production capacity of 750 kg per month/year. This move has been instrumental in driving substantial growth,” Sky Gold Managing Director and CFO Mangesh Chauhan said…
• Gap lifts sales view on strong demand for namesake brand, Old Navy; shares soar
  01 June 2024, retail.economictimes.indiatimes.com
  Gap raised its annual sales forecast and its first-quarter results beat market expectations, boosted by strength in its Old Navy and Gap brands as Americans snap up its trendy denims and limited edition apparel. Gap’s quarterly store sales jumped 3% from a year ago as it has been expanding its store presence, while online sales rose 5% to account for 38% of the total sales…
• ASICS Expands Presence with New Store in Pune
  01 June 2024, indianretailer.com
  Renowned Japanese athletic footwear and apparel retailer, ASICS, has officially opened its latest store at the vibrant Amanora Mall in Pune, as announced by the shopping center…
• Croma Unveils its Biggest Outlet at Legend Centra Mall in Bhiwadi
  01 June 2024, indianretailer.com
  Consumer electronics retail giant Croma, a subsidiary of the Tata Group, has proudly inaugurated its largest store in Bhiwadi, located within the esteemed Legend Centra Mall…
• PinterestThe Evolution of E-Commerce in the FMCG Sector
  01 June 2024, indianretailer.com
  In the dynamic realm of Fast-Moving Consumer Goods, the digital revolution is reshaping the way consumers shop and interact with brands. With an increasing number of shoppers turning to online channels for convenience and…
• Profit and Loss (P&L) Statement Definition, Importance and Helpful Tips
  01 June 2024, retail.economictimes.indiatimes.com
  A Profit and Loss (P&L) statement is a vital financial document that provides a summary of a company’s revenues, costs, and expenses over a specific period. This comprehensive guide will explore the definition of a P&L…
• Parag Milk Foods Aims for 15,000 Cows and 1.5 Million Touchpoints by 2027!
  01 June 2024, retail.economictimes.indiatimes.com
  As the demand for dairy products continues to surge, Parag Milk Foods has strategically positioned itself to capture a larger share of the market. Their revenue has crossed Rs 3,000 crore mark on the back of strong brand equity and competitive market positioning…
• Noise Expands Luna Ring to Retail Stores in Six Indian Cities
  01 June 2024, indianretailer.com
  Building on the online success of its Luna Ring, Noise, a leading smartwatch and connected lifestyle brand in India, is now making its flagship product available in select Reliance Digital and Vijay Sales stores across six cities…
• Off-Price Retailers: Everything You Need to Know
  01 June 2024, indianretailer.com
  Off-price retailers are a fascinating and essential segment of the retail industry, renowned for providing high-quality products at significantly discounted prices…
• 21 Best Stores Like Walmart in India (2024)
  01 June 2024, indianretailer.com
  In India, the shopping scene is buzzing with stores like Walmart, offering a fantastic variety of products at great prices. From daily essentials to electronics and apparel, these Walmart alternatives provide a variety of options for the discerning shopper…
• India’s E-commerce Set to Hit US$ 300 Billion by 2030
  01 June 2024, indianretailer.com
  The Indian e-commerce industry is on a rapid upward trajectory, poised to surpass the US to become the second-largest e-commerce market globally by 2034…
• Trends in AI that are Revolutionizing the Retail Landscape
  01 June 2024, indianretailer.com
  The retail industry is experiencing a transformative shift driven by advancements in artificial intelligence (AI). AI technologies are reshaping various aspects of retail operations, from enhancing sustainability to improving..
• Be Together Unveils Vrindavan’s First Mall ‘Be Together Courtyard’
  31 May 2024, rprealtyplus.com
  Be Together proudly announced the launch of Vrindavan’s first organized retail venture, Be Together Courtyard. With an investment of approx. Rs 350 crore and spanning a saleable area of 275041 Sq.ft. (25552 Sq.mtr), this ground-breaking project is poised to revolutionize the city’s commercial environment…
• Xander Partnership Acquires 100% Interest In Waverock From SPREF II Pte. Ltd.
  31 May 2024, rprealtyplus.com
  Xander Investment Management Pte. Ltd. (XIM), the private equity real estate arm of global investment firm, The Xander Group, announced that a Xander partnership has acquired a 100% interest in Waverock from SPREF II Pte. Ltd. (SPREF II).. ..
• Sunteck Realty posts net profit of Rs 101.33 crore in Q4 FY24
  31 May 2024, realty.economictimes.indiatimes.com
  Sunteck Realty’s net consolidated total income stood at Rs 434.99 crore in Q4 FY24 as against Rs 56.90 crore it recorded in the similar quarter last year…
• Orient Electric appoints Ravindra Singh Negi as MD and CEO
  31 May 2024, retail.economictimes.indiatimes.com
  ​​Announcing the appointment, CK Birla, chairman at Orient Electric said, “Under Ravindra’s leadership, Orient Electric will accelerate its journey to becoming a future ready consumer centric organisation. He will continue to build organisation capability and execution excellence towards growing all key businesses. I would also like to thank Deepak Khetrapal for his valuable contributions to Orient Electric during his tenure as managing director.”..
• Reliance Retail starts ONDC pilot via retail platform Fynd
  31 May 2024, retail.economictimes.indiatimes.com
  Reliance Retail, a subsidiary of Reliance Industries, has begun testing the government’s Open Network for Digital Commerce (ONDC) through Fynd, an omnichannel retail platform in which Reliance holds an investment…
• New-age consumer brands trend on deal street
  31 May 2024, retail.economictimes.indiatimes.com
  Uppercase–a luggage brand started by former VIP Industries MD Sudip Ghose–is in talks with Flipkart-backer Accel to raise new capital, sources told us. This would be the third major deal in the space after Peak XV Partners’ Mokobara investment and Lighthouse’s bet on Safari…
• Emami Group weighs strategic options for pharmacy retail chain Frank Ross
  31 May 2024, moneycontrol.com
  Kolkata-based diversified conglomerate Emami Group is evaluating strategic options for its pharmacy retail chain Frank Ross, one of the oldest and largest players in Eastern India, including a potential sale, multiple persons in the know told Moneycontrol…
• ‘Afternoon economy’ cools as heat keeps customers indoors
  31 May 2024, retail.economictimes.indiatimes.com
  Heatwave conditions, particularly in the North, are significantly impacting the ‘afternoon economy,’ affecting sales and footfalls between 12 noon and 4 pm. The scorching temperatures are leading to a decline in the availability of delivery riders, pushcart vendors, and sales workers. Businesses are experiencing disruptions in routine deliveries and working hours, prompting changes in operating hours and strategies to cope with the heat. While business activity is dampened in the afternoon, there is some compensation during the evening as people prefer to stay indoors and order in…
• Killer jeans maker picks 50% in Kraus for Rs 166.5 cr, enters women denim segment
  31 May 2024, retail.economictimes.indiatimes.com
  Kraus jeans sells in over 1,000 multi-brand large format stores like Lifestyle, Pantaloons, Reliance, Shoppers Stop, and Lulu, it said, adding that the company has a network of 488 exclusive brand outlets and 80 distributors. “Today’s acquisition marks a significant milestone in our journey, aligning with our strategic vision of expanding and diversifying our denim and casual wear portfolio,” KKCL’s chairman and managing director Kewalchand Jain said…
• Abercrombie & Fitch raises annual sales growth target as trendy styles drive demand
  31 May 2024, retail.economictimes.indiatimes.com
  Abercrombie & Fitch raises annual sales growth target as trendy styles drive demand. “Our brands are delivering high-quality, on-trend assortments for new and retained customers across regions and brands,” CEO Fran Horowitz said. The company reported net sales of $1.02 billion in the quarter, compared with analysts’ average estimate of $963.3 million, according to LSEG data. Adjusted profit rose to $2.14 per share, compared with analysts’ estimate of $1.74 per share…
• Summer products sales go off the charts
  31 May 2024, retail.economictimes.indiatimes.com
  Demand for ACs surges in India as retailers face shortages, leading to production challenges for brands like Haier. Voltas Ltd office saw a retailer camping out for stock, while managing director Pradeep Bakshi dealt with high demand and depleted inventory…
• WhatThe Rise of Premium and Bespoke Products
  31 May 2024, indianretailer.com
  In recent years, there has been a noticeable shift towards premium and bespoke products across various industries. This trend is largely driven by a more informed and demanding consumer base that prioritizes quality, customization, and unique experiences over mass-produced items…
• How Farah Khan Ali Transformed Indian Jewelry with Bold Designs and Sustainability
  31 May 2024, indianretailer.com
  Farah Khan Ali, Founder and CEO of Farah Khan Fine Jewellery, has a fascinating story that began unexpectedly. “As a 21-year-old, I had just graduated and was bored with my life,” she recalls. “I didn’t know what I wanted to do because I had tried interior design, ad film making, television, and I still hadn’t found my calling.”..
• McDonald’s India – North and East Launches Chicken Surprise Burger
  31 May 2024, indianretailer.com
  McDonald’s India – North and East has launched latest Chicken Surprise burger during the summer holidays. A pocket-friendly delight, this delectable burger is set to tantalize taste buds across the region at an introductory price of Rs. 65/-* for the a-la-carte (original price Rs. 69/-)…
• Amoeba Bowling & Sports Bar is Back with Unmatched Excitement
  31 May 2024, indianretailer.com
  Amoeba Bowling & Sports Bar has announced its reopening, featuring a new logo and rebranding effort. Founded by brothers Hanif and Maheboob Siwani in 2001, Amoeba has long been known for its blend of arcade and bowling, catering to a wide range of ages and interests…
• How Byg Ventures is Redefining India’s Hospitality Scene One Outlet at a Time
  31 May 2024, indianretailer.com
  Byg Ventures, the parent company behind renowned brands like Byg Brewski and Bob’s Bar, has carved a niche in the food and beverage industry through innovation, dedication, and a keen understanding of consumer desires…
• UBL, AB-InBev, and Carlsberg Collaborate to Establish Brewers’ Association of India
  31 May 2024, indianretailer.com
  India’s foremost beer manufacturers, including United Breweries (UBL), now under the ownership of Dutch brewing giant Heineken, AB-InBev, and Carlsberg, have jointly announced the establishment of a new industry association named Brewers’ Association of India (BAI)…
• India’s Streetwear Market Grows with Launch of Underrated Club
  31 May 2024, indianretailer.com
  KingsCraft Online Brands Private Limited is set to transform the Indian fashion landscape with the introduction of Underrated Club, a premier streetwear fashion brand…
• Pluckk Achieves Rs. 100 Cr ARR, Sets Sights on Doubling Revenue in Next 12 Months
  31 May 2024, indianretailer.com
  Pluckk, a leading digital lifestyle-oriented fresh food brand, has wrapped up FY24 with an Annualized Revenue Run Rate (ARR) of Rs.100 crore. With operations in key cities including Delhi, Mumbai, Bangalore, and Pune, Pluckk is accessible on over eight marketplace platforms…
• Pinterest and VTEX Join Forces to Boost Social Commerce for Customers
  31 May 2024, indianretailer.com
  VTEX (NYSE: VTEX), a leading composable and comprehensive commerce platform for premier brands and retailers, has announced a strategic partnership with Pinterest…
• Brigade Group Records Highest Ever Sales -Revenue In FY24
  30 May 2024, rprealtyplus.com
  Brigade Group reported its highest ever real estate sales of 7.55 Mn sft for the financial year ended March 2024…
• Omaxe reports net loss of Rs 145 crore in Q4 FY24
  30 May 2024, realty.economictimes.indiatimes.com
  Total income rose 82 per cent to Rs 542.32 crore in the fourth quarter of last fiscal from Rs 298.17 crore in the corresponding period of the previous year, according to a regulatory filing…
• Prestige Estates Projects’ net profit dips 53.32% in Q4 FY24[
  30 May 2024, realty.economictimes.indiatimes.com
  Prestige Estates Projects’ net consolidated total income stood at Rs 2,232.50 crore in Q4 FY24, a dip of 24.01 per cent from Rs 2,938 crore it recorded in the similar quarter last year…
• Reliance’s JioMart to enter quick commerce; launch 30-minute delivery starting June
  30 May 2024, retail.economictimes.indiatimes.com
  ​The quick commerce service will be launched under JioMart. Currently, JioMart delivers in two formats – next-day delivery and slotted delivery. The company plans to launch a 30-minute delivery service from June onwards, said people aware of the development…
• Extreme summer heat & loss of productivity lead to an all-time high demand for delivery personnel
  30 May 2024, retail.economictimes.indiatimes.com
  Extreme summer heat, rising absenteeism, and productivity loss have led to a high demand for last-mile delivery and warehouse personnel in India. About 2,000 delivery personnel are dropping off daily in quick commerce and 5,000 in food delivery, with an estimated 2.1-2.2 lakh people needed for replacement hiring daily. The monthly attrition of riders, warehouse staff, pickers, packers, and loaders is at a high of 30-40%…
• Emami Q4 profit rises 3.6% to Rs 146.75 crore, revenue up 6.6% to Rs 891.24 crore
  30 May 2024, retail.economictimes.indiatimes.com
  Homegrown FMCG major Emami Ltd on Wednesday reported an increase of 3.62 per cent in its Profit After Tax (PAT) to Rs 146.75 crore for the fourth quarter that ended on March 31, 2024. The company’s PAT for the same quarter of the previous fiscal stood at Rs 141.62 crore, according to a company regulatory filing…
• Retail cos, QSRs expand at slowest pace in 5 years
  30 May 2024, retail.economictimes.indiatimes.com
  Retailers and quick-service restaurant chains in India experienced the slowest pace of store expansion in five years at 9%, with 33,219 stores as of March 31. In FY23, the number was 30,551, up 18% from the previous year…
• Senco Gold aims for 15-20% revenue growth and profit
  30 May 2024, retail.economictimes.indiatimes.com
  The jewellery chain reported a 39 per cent year-on-year revenue growth in the fourth quarter of FY’24 (2023-24) to INR 1,137 crore, while its profit jumped 23 per cent to INR 32.17 crore. For the entire fiscal year, the revenue growth was 29 per cent with turnover reaching INR 5,241 crore, backed by rising gold prices and increased demand from existing and new stores. The net profit expanded by 14 per cent to INR 181 crore…
• Top beer companies launch a new brewers association in India, backed by World Brewing Alliance
  30 May 2024, retail.economictimes.indiatimes.com
  Brewers Association of India (BAI) is being established in partnership with the World Brewing Alliance (WBA), the global industry body consisting of brewers and brewing trade associations from Australia, Canada, the UK, the USA, Europe, Japan, Korea, Latin America, Brazil, New Zealand, Nigeria and now India. The goal of WBA is to exchange knowledge and best practices among brewers and other stakeholders…
• Wagamama partners with Travel Food Services to launch in India later this year
  30 May 2024, retail.economictimes.indiatimes.com
  Wagamama, a pan-Asian restaurant operator, announced its partnership with Travel Food Services (TFS), India’s growing travel food and retail company, which will see it enter India later this year, in response to significant demand for the brand in the country. Following the expansion, Wagamama will operate in 19 countries world-wide and continues to enjoy global appeal…
• Essar Group venture Pluckk reports Rs 100 cr ARR in FY24
  30 May 2024, retail.economictimes.indiatimes.com
  Founded in 2021, Pluckk operates in Delhi, Mumbai, Bengaluru and Pune through more than eight marketplace platforms and delivers over 2 million products every month, a company statement said…
• WellBe Foods Hits 1000-Store Milestone
  30 May 2024, indianretailer.com
  WellBe Foods, a direct-to-consumer (D2C) brand under the Nimida Group, has achieved a significant milestone by reaching 1000 stores in FY 2023-24…
• E-Commerce Thrives in Telangana as Local Retailers Witness 1100pc Growth
  30 May 2024, retail.economictimes.indiatimes.com
  The local retailers in Telangana have taken a commanding lead in the e-commerce sector, witnessing an astonishing 1100 percent growth in transactions…
• What is Retail? Definition and Guide (2024)
  30 May 2024, indianretailer.com
  Retail meaning is integral to both consumer behavior and business strategies. What is retail? At its core, retail involves the direct sale of goods or services to consumers for personal use…
• Wooden Street Turns 9 with 97 Stores in India
  30 May 2024, indianretailer.com
  Wooden Street, India’s leading furniture retailer, is celebrating its 9th anniversary with a special sale offering significant discounts this May. The #9YearsofDeliveringHappiness campaign highlights the company’s journey since its inception in 2015…
• Retail Meaning and Translations in Indian Languages
  30 May 2024, indianretailer.com
  Retail is where products and services reach customers, connecting manufacturers to consumers. It plays a vital role in every industry as the last step in the supply chain…
• P&G Hygiene and Health Care Announces Mrinalini Srinivasan as New CFO
  30 May 2024, indianretailer.com
  Procter and Gamble Hygiene and Health Care Ltd made a significant announcement, revealing the appointment of Mrinalini Srinivasan to the esteemed position of Chief Financial Officer, effective June 29, 2024…
• Branded Jewelers Anticipate 20 pc Revenue Surge in FY25, Margin Growth May Ease
  30 May 2024, indianretailer.com
  The domestic jewelry industry is expected to record muted volume growth in FY25 due to a steep rise in gold prices in recent months, the evolving macroeconomic scenario, and the likelihood of high volatility in prices…
• Lava International Enlists Rajesh Sethi as Group CFO
  30 May 2024, indianretailer.com
  Lava International Ltd, the pioneering mobile manufacturer from India, has announced the appointment of Rajesh Sethi to the key position of Group Chief Financial Officer (CFO), signaling a strategic move towards fortifying its financial management and strategic planning framework…
• Type Beauty Inc. Redefines Indian Market with Custom Skin-Inclusive Products
  30 May 2024, indianretailer.com
  Type Beauty Inc., a pioneering beauty brand, is celebrated for its skin-inclusive, dermatologically tested makeup using innovative formulations tailored to all Indian skin types…
• TARC posts Rs 52 crore net loss in Q4 FY24
  29 May 2024, realty.economictimes.indiatimes.com
  Total income declined 92 per cent to Rs 10.36 crore in the fourth quarter of last fiscal from Rs 135.53 crore in the corresponding period of the previous year, according to a regulatory filing on Monday…
• Brigade Enterprises posts net profit of Rs 206 crore in Q4 FY24
  29 May 2024, realty.economictimes.indiatimes.com
  Total income rose to Rs 1,762.62 crore in the fourth quarter of the last fiscal from Rs 872.11 crore in the corresponding period of the previous year…
• ABFRL Q4 net loss widens to Rs 266.35 crore YoY
  29 May 2024, retail.economictimes.indiatimes.com
  ​ Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024. The company had posted a net loss of Rs 194.54 crore during the January-March quarter a year ago, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL)…
• India’s Adani Group plans e-commerce, payments ventures
  29 May 2024, retail.economictimes.indiatimes.com
  The group is also in talks to offer online shopping through India’s government-backed public e-commerce platform, Open Network for Digital Commerce (ONDC), the report said. If finalised, the services will be available through Adani’s consumer app Adani One, which was launched in December 2022, the report added…
• Modenik Lifestyle appoints ex-P&G India MD as Executive Chairman
  29 May 2024, retail.economictimes.indiatimes.com
  Essential wear company Modenik Lifestyle has appointed former P&G India MD, L.V. Vaidyanathan as its executive chairman, it said in a press release on Tuesday. Vaidyanathan will take over from Sunil Sethi who will retire from the company on July 31. Sethi will continue to serve on the Board of Directors for the company. ..
• Ace turtle appoints Karandeep Singh Jaiya as CBO
  29 May 2024, retail.economictimes.indiatimes.com
  In his new role, Jaiya will lead business operations of a cluster of brands. With 25 years of experience in retail domain across India and the UAE, he excels in various areas, including P&L management, buying and merchandising, and retail operations. His proficiency spans diverse categories and formats, encompassing apparel, homeware, beauty products, fashion, and electronics…
• Pricier kitchen staples upset home budgets
  29 May 2024, retail.economictimes.indiatimes.com
  The prices of kitchen essentials like pulses, wheat and sugar have been rising continuously in May as domestic production lagged due to the deficit monsoon of 2023. Limited availability of chana, urad and tur in the international markets has kept imports sluggish and expensive, while sugar and wheat prices have been ruling firm as the buffer stock has shrunk beyond comfort level…
• Major retailers are offering summer deals to entice inflation-weary shoppers
  29 May 2024, retail.economictimes.indiatimes.com
  Major retailers are stepping up discounts heading into the summer months, hoping to entice inflation-weary shoppers into opening their wallets. Target, Walmart and other chains have rolled out price cuts – some permanent, others temporary – with the stated aim of giving their customers some relief…
• Refined Luxury Retreats on the Konkan Coast
  29 May 2024, indianretailer.com
  For the inaugural time in India, Range Rover House welcomes visitors, presenting meticulously crafted modern luxury encounters alongside the exploration of locally assembled Range Rover and Range Rover Sport models…
• Smartsters Expands Product Line with New Infant Cribs
  29 May 2024, indianretailer.com
  Smartsters, known for its innovative children’s furniture, has ventured into the infant category with its latest product launch. This new collection includes the Cocoon Crib with Wheels and the Snuggles – Height Adjustable Crib and Cot Bed, both designed to support the holistic development of infants…
• Key Takeaways from India’s Modern Hybrid Retailers
  29 May 2024, indianretailer.com
  Being a part of the retail industry, being able to adapt and innovate has become paramount. Today, businesses face the daunting task of transforming into modern, innovative hybrid retailers—a journey marked by the fusion of purpose and innovation…
• Branded Jewelers Anticipate 20 pc Revenue Surge in FY25, Margin Growth May Ease
  29 May 2024, indianretailer.com
  The domestic jewelry industry is expected to record muted volume growth in FY25 due to a steep rise in gold prices in recent months, the evolving macroeconomic scenario, and the likelihood of high volatility in prices…
• Page Industries to Boost Growth of Jockey Juniors Category in India
  29 May 2024, indianretailer.com
  Page Industries Limited, the exclusive licensee of JOCKEY International Inc., is strategically focusing on the expansion of the Jockey Juniors category in India for the financial year 2024…
• ProV Reports 96 pc PAT Growth in FY24
  29 May 2024, indianretailer.com
  Proventus Agrocom Limited (ProV), a leading integrated health food brand, has announced its financial results for the fiscal year ending March 31, 2024 (FY24)…
• Type Beauty Inc. Redefines Indian Market with Custom Skin-Inclusive Products
  29 May 2024, indianretailer.com
  Type Beauty Inc., a pioneering beauty brand, is celebrated for its skin-inclusive, dermatologically tested makeup using innovative formulations tailored to all Indian skin types…
• Insight Cosmetics Unveils Skincare Range with 11 Toxin-Free Serums
  29 May 2024, indianretailer.com
  Insight Cosmetics, a well-known name in cosmetics, is making its mark in skincare with an innovative line of 11 serums. After four years of dedicated research and development, the brand is introducing this range of products…
• Orgatre Expands Product Portfolio with Vitamin C Foaming Face Wash
  29 May 2024, indianretailer.com
  Orgatre, a personal care brand, has introduced its expertly crafted Vitamin C Foaming Face Wash, designed to nourish and rejuvenate your skin with every use…
• House of Masaba Expands Its Reach With Its First Store Opening in Chandigarh
  29 May 2024, indianretailer.com
  Mumbai-based apparel brand House of Masaba has made a grand entrance into Chandigarh with the opening of its first flagship store in the city…
• Shopsy Ventures into the Kids’ Segment With Budget-friendly Kids Collection
  29 May 2024, indianretailer.com
  Shopsy, the rapidly growing hyper-value e-commerce platform by Flipkart, has launched an exciting Kids’ Collection just in time for the upcoming summer break…
• Ryze Nicotine Gums Teams Up 100days
  29 May 2024, indianretailer.com
  Ryze, the nicotine gum brand under Fertin Pharma, a global leader, has joined forces with digital commerce specialist firm 100days to fuel its ambitious launch and growth strategies in the Indian market…
• Aparna Constructions Foray In Retail & Entertainment Segments
  28 May 2024, rprealtyplus.com
  Aparna Constructions and Estates Private Limited, a leading real estate developer in South India, announced their foray into the retail-commercial and the entertainment segments with the launch of Aparna Neo Mall and Aparna Cinemas in Hyderabad…
• Food delivery companies lean on existing users for growth
  28 May 2024, retail.economictimes.indiatimes.com
  In light of a slowdown in new user signups, Zomato and Swiggy are implementing strategies to increase order frequency among their existing customer base. This approach aims to drive growth despite the challenges in user acquisition…
• Honasa Consumer acquires Cosmogenesis Labs for Rs 4 crore to strengthen its R&D capabilities further, says co-founder Varun Alagh
  28 May 2024, retail.economictimes.indiatimes.com
  As a part of the acquisition, Honasa has also acquired Cosmogenesis Labs’ R&D labs and the nanomanufacturing facility based out of Mumbai…
• Tribhovandas Bhimji Zaveri posts Q4 profit rise on steady demand
  28 May 2024, retail.economictimes.indiatimes.com
  The company said it adopted advanced inventory management systems and process automation, among other processes, to streamline operations and reduce costs, adding that it plans to open franchise stores in new cities in the fiscal year 2025…
• Nykaa appoints Santosh Desai as independent director
  28 May 2024, retail.economictimes.indiatimes.com
  Desai served as the CEO of Future Brands Ltd for nearly 17 years. ​​He has also served as the President of McCann, one of India’s premier advertising agencies. Previously, he has been involved in strategically building key brands for numerous local and multinational organizations…
• Myntra gained market share, scaling beauty and home decor: CEO Nandita Sinha
  28 May 2024, retail.economictimes.indiatimes.com
  Over the past year-and-a-half, online fashion retailer Myntra has gained market share even as rivals like Reliance Ajio and Nykaa Fashion have snapped at its heels, chief executive Nandita Sinha told ET in an interview–without naming the competition…
• Transforming the Logistics Landscape: How TRUXCARGO is Revolutionizing Shipping and Delivery
  28 May 2024, retail.economictimes.indiatimes.com
  Managing logistics can be a challenge for all businesses, both medium and small enterprises (SMEs). Traditional methods of dealing with logistics often involve meeting with , setting pricing structures and there is the issue limited visibility of the shipping process…
• PhonePe’s Pincode partners with Simpli Namdhari’s in Bengaluru to tap wider customer base
  28 May 2024, retail.economictimes.indiatimes.com
  Homegrown store-first commerce app Pincode by PhonePe on Monday announced it has partnered with Simpli Namdhari’s – India’s only 100 per cent veg omni-channel retailer – to help reach a larger online customer base…
• Gokaldas Exports reports 54% jump in revenue growth
  28 May 2024, retail.economictimes.indiatimes.com
  Bengaluru-based apparel exporter Gokaldas Exports reports a 54% increase in consolidated revenue to Rs 818 crore for the quarter ended March 2024. Despite a 6% dip in profit after tax, strategic acquisitions and equity raise bolster the company’s financial position…
• India’s biryani craze keeps food, delivery companies on their toes
  28 May 2024, retail.economictimes.indiatimes.com
  Grover said the company is also conducting a pilot in Mumbai for ‘Mehfil-e-Behrouz’. “Under this, we will arrange a buffet-like setup for people wishing to host a gathering through Behrouz complete with table runners, and kebabs and curries as accompaniments,” he added…
• Dadu’s Expands with New Outlet and Banquet Space in Kompally, Hyderabad
  28 May 2024, indianretailer.com
  Dadu’s, a well-known brand in retail and india for its traditional and contemporary Indian sweets and snacks, has opened its latest outlet in Kompally, Hyderabad…
• Play ‘N’ Learn Unveils Its Latest Active Edu Fun Spot in Mumbai
  28 May 2024, indianretailer.com
  Play ‘N’ Learn, a premier destination offering Active Edu Fun for children, is excited to announce the grand debut of its latest venue in India, situated at R City Mall, Ghatkopar, Mumbai…
• Heads Up for Tails Opens First International Store in Singapore
  28 May 2024, indianretailer.com
  Heads Up for Tails, India’s leading premium pet care brand, has successfully opened its first international store in Singapore, marking the brand’s global expansion…
• TimeVallée Enters Indian Market with Mumbai Boutiques
  28 May 2024, indianretailer.com
  TimeVallée, the Swiss luxury multi-brand watch concept, has partnered with Art of Time to announce its entry into the Indian retail market with the opening of TimeVallée boutiques in Mumbai…
• Hyperpersonalization: Where Every Click Counts
  28 May 2024, indianretailer.com
  Currently, we are in an era, where the right message to the right consumer, at the right time through the right channel holds the utmost importance…
• TheClear Water Pushes for Conscious Living
  28 May 2024, indianretailer.com
  Retail business in India sees a new player promoting mindful living. Clear Premium Water has released three digital video commercials (DVCs) aimed at encouraging responsible consumption and waste management…
• The Future of Retail: Innovations and Challenges for Malls
  28 May 2024, indianretailer.com
  The future of retail is undergoing a significant transformation, marked by innovations and challenges for malls. Retailers are adapting to changing consumer demands and technological advancements to create enriched experiences and sustainable practices within shopping spaces…
• WickedGud Expands with Healthy Cup Noodles on Swiggy Instamart
  28 May 2024, indianretailer.com
  WickedGud, the FMCG brand focused on providing healthier food options in India, has announced the launch of its latest product, Cup Noodles…
• Nykaa Board Designates Santosh Desai as Independent Director
  28 May 2024, indianretailer.com
  FSN E-Commerce Ventures (NYKAA) has announced Santosh Desai as its newest Independent Director, effective July 15, 2024, pending shareholder approval, for a three-year term…
• Flipkart Grocery Rockets: 1.6X Growth, 50 pc EV Deliveries, and Tier II+ Domination
  28 May 2024, indianretailer.com
  Flipkart Grocery, the e-commerce giant’s foray into the essential commodities sector, has marked a remarkable 1.6X year-on-year growth. This stride underscores Flipkart’s steadfast commitment to offering a seamless online shopping experience, particularly in Tier II+ cities…
• Puravankara’s Revenue Up By 61 % In FY24
  27 May 2024, rprealtyplus.com
  Puravankara Limited (BSE:532891), one of India’s most trusted real estate players, announced its financial results for the fourth quarter (Q4FY24) ending March 31, 2024, and consolidated results for FY24…
• Strata aims to raise Rs 2,000 crore in FY25 under SM REITs
  27 May 2024, realty.economictimes.indiatimes.com
  Strata will initiate the migration of its eligible assets to SM REITs, as it aims to achieve a total assets under managemet (AUM) of Rs 2,000 crore by the end of FY25…
• Intense competition drives prices of wearables to all-time lows; sales up but higher inventory worries companies
  27 May 2024, retail.economictimes.indiatimes.com
  Earbuds start at Rs 400 and smartwatches at Rs 999 for frontline brands, about half of what they were a year ago, companies and researchers said. Although sales are rising, companies aren’t able to clear out stock fast enough, they added…
• DOMS Industries’ net profit up at Rs 42.79 crore in Q4 FY24, YoY standalone revenue grew to Rs 362.4 crore
  27 May 2024, retail.economictimes.indiatimes.com
  ​​Santosh Raveshia, Managing Director, DOMS Industries Limited said, “As we conclude FY24, we are pleased to report on a period marked by significant achievements and strategic initiatives that have reinforced our strong position in the stationery and art materials market. We continued seeing positive business traction resulting in robust sales growth coupled with further elevation of margins, reflecting upon the strength of the ‘DOMS’ Brand to connect with its consumers.”…
• OZiva reports ₹44-crore loss in FY24: HUL
  27 May 2024, retail.economictimes.indiatimes.com
  In FY23, OZiva had posted a net profit of ₹58.3 crore, as it benefitted from a one-time gain of ₹95.5 crore during the year. Its operating revenue for the year was ₹99.3 crore…
• Stove Kraft Q4 net profit at Rs 2.66 crore, revenue grows 17%
  27 May 2024, retail.economictimes.indiatimes.com
  Stove Kraft Limited reported a net profit of Rs 2.66 crore in Q4. Commenting on Q4 results, Rajendra Gandhi, managing director of the company said, “Revenues for 4th quarter stood at Rs 325.2 crore with a gross margin of 37.1 per cent thus registering a growth of 17 per cent in revenue on a Y-o-Y basis. Our gross margins have improved significantly over the past year aided by optimization of operations, efficient manufacturing process and backward integration of market tested and accepted products.”…
• Wai Wai maker CG Foods set to cut salt by 10-25%: CEO
  27 May 2024, retail.economictimes.indiatimes.com
  The move comes amid tighter regulation and heightened scrutiny on packaged foods. “What the government is doing (in terms of regulation) is definitely welcome; it is positive for consumers, and positive for the ecosystem and a responsibility of all organisations towards consumers,” Manvendra Amber Shukla said…
• Jagatjit Industries to launch single malt whisky by next year
  27 May 2024, thehindubusinessline.com
  Liquor-maker Jagatjit Industries plans to launch single malt whisky by March 2025, in a bid to strengthen its malt spirits portfolio. The company aims to achieve revenue of ₹970 crore in FY25, said Roshini Sanah Jaiswal, Promoter and Executive Director at Jagatjit Industries…
• BSH Home Appliances charts a multi-pronged strategy to sustain growth momentum in India
  27 May 2024, thehindubusinessline.com
  It plans to introduce new product categories with strong localization support and expand its distribution network, all aimed at maintaining a robust double-digit growth rate in the country…
• Dayal Opticals Broadens Reach With New Store in Chandigarh
  27 May 2024, indianretailer.com
  Dayal Opticals, a prominent name in the luxury eyewear industry, announces its expansion into Punjab with the opening of its first physical store in Chandigarh. This new venture is a significant milestone in the brand’s strategic growth beyond the Delhi NCR region…
• Kamal Watch Co. Launches the Blancpain Range
  27 May 2024, indianretailer.com
  Kamal Watch Co., a distinguished name in luxury timepieces, released the latest Blancpain collection, soon to be available at selected Kamal Watch Co. outlets nationwide…
• SMAAASH- A Unit of Fun Gateway Arena Pvt. Ltd. Rebrands as Zoreko- Original Gamers
  27 May 2024, indianretailer.com
  In a groundbreaking move that promises to reshape the gaming industry, SMAAASH – A unit of Fun Gateway Arena Private Limited, has rebranded itself as “Zoreko – Original Gamers.” This strategic transition highlights the brand’s evolution and dedication to delivering an innovative, high-quality gaming experience to its patrons…
• Top 10 Best Formal Shirt Brands in India 2024
  27 May 2024, indianretailer.com
  Did you know Indians buy more than 500 million formal shirts each year? That’s an impressive stat, isn’t it? Well, if you’re looking to join the trend, you’re in the right place. We’ve got the scoop on the top 10 best formal shirt brands in India. From Louis Philippe’s sophisticated elegance to Fab India’s ethnic charm, you’ll find a brand that fits your style and personality perfectly…
• 10 Best Ethnic Wear Brands in India For Men and Women
  27 May 2024, indianretailer.com
  The ethnic wear industry in India provides a vibrant and diverse range of traditional clothing options for people of all ages and backgrounds. With its rich cultural heritage, India has a long-standing tradition of ethnic wear, which has gained popularity not only within the country but also internationally…
• India’s E-Commerce Revolution: A Flourishing Frontier Reshaping the Economic Landscape
  27 May 2024, indianretailer.com
  In recent years, India has witnessed a transformative surge in e-commerce, positioning itself as a vibrant epicenter of digital commerce that is fundamentally altering the country’s economic fabric…
• The Macallan Debuts Innovative Collaboration with Cirque du Soleil
  27 May 2024, indianretailer.com
  In celebration of The Macallan’s 200th anniversary, the esteemed single malt Scotch whisky brand has embarked on a multi-year collaboration with Cirque du Soleil…
• Miraggio Unveils New Designs for the Summers
  27 May 2024, indianretailer.com
  Miraggio, the renowned handbag brand has announced the launch of its latest edition, “The Apricore Collection” where every bag gets you to the core of the summer. Imbued with the refreshing color of the year – Apricot Crush, immerse yourself in the spirit of summer with a blend of vibrant tones that capture the essence of the season…
• Kolte-Patil Developers Ltd Reports 26% YoY Growth
  25 May 2024, rprealtyplus.com
  Kolte-Patil Developers Ltd., a leading Pune-based real estate player, with growing presence in Mumbai and Bengaluru, announced its audited results for the fourth quarter ended 31 March 2024…
• M3M Group Unveils Uber Luxury Project ‘M3M Altitude’ In Gurgaon
  25 May 2024, rprealtyplus.com
  The Golf Course Extension Road (GCRE) has become the dream investment destination in the country. It has also solidified its position as the country’s premier housing and retail destination…
• Post-pandemic, Indians shopped…till they dropped (in FY24)
  25 May 2024, retail.economictimes.indiatimes.com
  Pent-up demand post-Covid led to booming sales in athleisure wear and lifestyle products. Kumar Rajagopalan notes the unsustainable high growth post-pandemic and the impact on consumer spending…
• Prathyusha Agarwal to head Flipkart’s Shopsy
  25 May 2024, retail.economictimes.indiatimes.com
  Prathyusha Agarwal has joined Flipkart as vice president (VP) and head of Shopsy, a spokesperson for the firm confirmed to ET. She was previously the chief business officer of edtech firm Byju’s, with earlier stints at Zee Entertainment, Tata Cliq and Unilever…
• The rise of green shopping
  25 May 2024, financialexpress.com
  “The use of sustainable products in the lifestyle section is booming, be it the surge of clean beauty products or the use of organic cotton fabric in everyday apparel or home décor articles made with natural material,” says Gunjan Jindal Poddar, founder, Amala Earth, an earth-friendly, conscious marketplace…
• D2C brands can grow without offline foray: Fireside Ventures
  25 May 2024, financialexpress.com
  For many direct-to-consumer (D2C) startups, an entry into the offline space has become key to scale. However, VS Kannan Sitaram, co-founder and partner at Fireside Ventures believes a few D2C brands in India will also scale into large companies without an offline expansion…
• Confident of delivering 20% plus value growth for coming year: Ramanpreet Sohi, Honasa Consumer
  25 May 2024, retail.economictimes.indiatimes.com
  ​”I think from the way our business is shaping up, the way we are looking at going deeper from a distribution perspective, building a younger brand, we are very confident of delivering plus 20% kind of value growth for the coming year,” says Ramanpreet Sohi, CFO, Honasa Consumer…
• PE/VC investments drop by 35% in April at $4.4 bn
  25 May 2024, retail.economictimes.indiatimes.com
  In April, private equity and venture capital investments dropped by 35% to USD 4.4 billion compared to USD 6.8 billion in the previous year, as per a report by EY and IVCA…
• Dayal Opticals Broadens Reach With New Store in Chandigarh
  25 May 2024, retail.economictimes.indiatimes.com
  Dayal Opticals, a prominent name in the luxury eyewear industry, announces its expansion into Punjab with the opening of its first physical store in Chandigarh. This new venture is a significant milestone in the brand’s strategic growth beyond the Delhi NCR region…
• Top 10 Brands Like Decathlon In India
  25 May 2024, indianretailer.com
  India’s retail sector has undergone a significant transformation in recent years, with both international and domestic brands catering to the diverse needs of consumers…
• Kamal Watch Co. Launches the Blancpain Range
  25 May 2024, indianretailer.com
  Kamal Watch Co., a distinguished name in luxury timepieces, released the latest Blancpain collection, soon to be available at selected Kamal Watch Co. outlets nationwide…
• SMAAASH- A Unit of Fun Gateway Arena Pvt. Ltd. Rebrands as Zoreko- Original Gamers
  25 May 2024, indianretailer.com
  In a groundbreaking move that promises to reshape the gaming industry, SMAAASH – A unit of Fun Gateway Arena Private Limited, has rebranded itself as “Zoreko – Original Gamers.”…
• How Arya Vaidya Pharmacy Coimbatore Ltd Became a Global Ayurvedic Giant
  25 May 2024, indianretailer.com
  Arya Vaidya Pharmacy Coimbatore Ltd (AVP), under the visionary leadership of its dynamic CEO, Vipin Vijay, has transformed from a localized Ayurvedic company into a globally recognized name in holistic wellness…
• Nykaa’s Witnesses 32pc GMV Growth and 298pc PAT Increase in Q4 FY2024
  25 May 2024, indianretailer.com
  FSN E-Commerce Ventures Limited, popularly known as Nykaa, has released its financial results for the fourth quarter and the full year ending March 31, 2024…
• Honasa Consumer Reports Record 23 pc Growth, Highest Quarterly PAT of Rs 30 crore
  25 May 2024, indianretailer.com
  Honasa Consumer Ltd. has emerged as a frontrunner in the beauty and personal care (BPC) industry, showcasing remarkable financial performance and innovative growth strategies for the quarter ending March 31, 2024, and the fiscal year FY24…
• India’s E-Commerce Revolution: A Flourishing Frontier Reshaping the Economic Landscape
  25 May 2024, indianretailer.com
  In recent years, India has witnessed a transformative surge in e-commerce, positioning itself as a vibrant epicenter of digital commerce that is fundamentally altering the country’s economic fabric…
• Stirring The Pot: How This Cookware Brand is Modernising the Indian Kitchens
  25 May 2024, irecwire.com
  Restaurant India spoke to Dhruv Agarwal, Director, Stahl by Autopress India, one of the pioneer in the cookware industry with over three decades of experience and found on how the brand is redefining people’s expectations of cookware…
• BigScuzo Ice ‘O’ Magic Expands into Lounge and Fine Dining in Dehradun
  25 May 2024, indianretailer.com
  Scuzo Ice ‘O’ Magic, known for its live popsicle concept in the dessert industry, is expanding its offerings to include a lounge and fine dining experience…
• Paul John Whisky Unveils Exclusive Single Cask Release at Bengaluru Airport
  25 May 2024, indianretailer.com
  John Distilleries Pvt Ltd’s Paul John Whisky, known for its award-winning Indian single malts, has announced an exclusive partnership with Avolta Duty Free to launch a unique single cask release for global travelers at Kempegowda International Airport Bengaluru…
• Elgin Hospitality Expands with New Bar Addition in Amritsar
  25 May 2024, indianretailer.com
  Elgin Hospitality, founded by Kavish and Shruti Khurana, has added a finely curated bar, Lord Elgin, to their garden restaurant, Elgin Café in Amritsar…
• Lulu Group To Start Logistics & Food Processing Centre In Amritsar, Punjab
  24 May 2024, rprealtyplus.com
  Abu Dhabi based Lulu Group International, one of the biggest retailers and known for its chain of shopping malls, Hypermarkets and Food Processing Centres spread across Middle East, Far East and Africa is starting a Logistics and Food Processing Centre in the city of Amritsar in Punjab…
• Brigade Group signs JDA to develop 6.9 acres land in Bengaluru
  24 May 2024, realty.economictimes.indiatimes.com
  The project has a total development potential of around 0.8 million sq ft and gross development value of Rs 720 core…
• FY24 milestone year for Tata Consumer Products: N Chandrasekaran
  24 May 2024, retail.economictimes.indiatimes.com
  Tata Consumer Products, led by N. Chandrasekaran, highlights a milestone year in its 2023-24 annual report. Completing the amalgamation of Tata Coffee, integrating brands like Tata Soulfull and NourishCo, and acquisitions like Capital Foods and Organic India, signal a transformative phase. Revenue growth, expanded distribution, and increased market capitalization underscored its success…
• ITC Q4 profit marginally down to Rs 5,191 cr, revenue up 2 pc at Rs 19,446 cr
  24 May 2024, retail.economictimes.indiatimes.com
  “While consumption demand remained subdued in Q4 FY24, improving macro-economic indicators, prospects of a normal monsoon and green shoots witnessed in rural demand recovery after several quarters, augur well for revival in consumption demand in the near term,” said an ITC earning statement…
• Starbucks’ FY24 losses widen to Rs 81.84 crore for India operations
  24 May 2024, retail.economictimes.indiatimes.com
  Of its total loss, Tata Consumer bore Rs 40.91 crore. This is a significant increase compared to the previous year, when Starbucks reported a loss of Rs 24.97 crore on sales of Rs 1086.89 crore…
• Metro Brands net profit more than doubled to Rs 155.57 crore in Q4 FY24
  24 May 2024, retail.economictimes.indiatimes.com
  Metro Brands saw a 126.3 per cent increase in year-on-year net profit for the fourth quarter of FY24, amounting to Rs 155.57 crore. The company extended its retail agreement with Crocs, gaining exclusive rights in western and southern India. CEO Joseph expressed satisfaction with the 11 per cent sales growth despite post-Covid challenges…
• Mamaearth FY24 revenue jumps 29%, profit at Rs 111 cr
  24 May 2024, retail.economictimes.indiatimes.com
  Honasa the parent company of beauty and personal care brand Mamaearth said that it has entered into a binding agreement to acquire Cosmogenesis Labs for Rs 4 crore to strengthen its R&D capabilities. As part of the transaction, the company will acquire formulation expertise, a research and development lab along a nanomanufacturing facility…
• Bikaji Foods International Q4 net profit triples to Rs 116.28 crore
  24 May 2024, retail.economictimes.indiatimes.com
  Bikaji Foods’ total revenue from operations also grew 12.8 per cent YoY to Rs 520.82 crore in Q4 FY24 as against the revenue of Rs 461.69 crore in Q4 FY23. Its total expenses surged to Rs 471.20 crore in Q4 FY24 as against the total expenses of Rs 415.43 crore in the similar period of the previous fiscal, as per the regulatory filing…
• Senco Gold QoQ profit falls; annual revenue crosses Rs 5K crore mark
  24 May 2024, retail.economictimes.indiatimes.com
  On an annual basis, Senco closed the fiscal year 2023 – 24 at sales of Rs 5,241 crore, reporting a 28.5 per cent jump over 2022 – 23. Its yearly profit jumped to Rs 181 crore…
• One8 Commune to invest Rs 35 crore to more than double its outlets
  24 May 2024, retail.economictimes.indiatimes.com
  Apart from this, by mid FY 25, the brand plans to add more verticals like a cafe offering Virat Kohli’s merchandise…
• Jockey’s India licensee posts Q4 earnings miss on high inventory costs, muted demand
  24 May 2024, retail.economictimes.indiatimes.com
  ​The company, which manufactures and distributes innerwear, sportswear and athleisure for the brand, reported a profit of 1.08 billion rupees ($13 million) for the quarter ended March 31, falling short of analysts’ estimates of 1.32 billion rupees, as per LSEG data. Soaring inventory costs hit Page Industries’ bottom-line even as post-COVID demand for its innerwear and athleisure collections stayed steady…
• Swiss Military Q4 net profit up 42.7%; annual revenue rises 44.5% to Rs 187.9 crore in FY24
  24 May 2024, retail.economictimes.indiatimes.com
  On its financial performance, Anuj Sawhney, managing director of Swiss Military Consumer Goods said, “We have achieved another strong financial quarter, thanks to robust turnover growth and significant brand development initiatives. Swiss Military is debt-free and asset-light with a very strong research-based approach to solving customer problems.”​​…
• FMCG giants pivot to premium: Nestle & ITC lead with innovative strategies
  24 May 2024, retail.economictimes.indiatimes.com
  FMCG giants like Nestle India and ITC are adopting innovative strategies to tap into the growing demand for premium products. Nestle plans to hire tasters and connoisseurs for its super-premium Nespresso coffee and boutiques, while ITC is leveraging AI and ML to predict demand and recommend products for its premium portfolio, including Fabelle chocolates and skincare. Other companies like Tata Consumer Products and GCMMF (Amul) are also focusing on premiumization, with Tata introducing Himalayan Saffron and Amul opening upscale parlours…
• Big Hello Expands Plus-Size Fashion Retail in Hyderabad
  24 May 2024, indianretailer.com
  Big Hello, a specialty fashion brand for plus-sized individuals, has launched four new retail experience stores in Hyderabad…
• Sudden Boom of Gifting Market in India
  24 May 2024, indianretailer.com
  The Indian gifting market, also known as the gifting industry in India, boasts a significant market size of $30 billion. While the digital space contributes $400 million to this total, the majority comes from traditional channels…
• L’Oréal Unveils Big Bang Beauty Tech Program in SAPMENA Region, Including India
  24 May 2024, indianretailer.com
  L’Oréal has introduced the Big Bang Beauty Tech Innovation Program across the South Asia Pacific, Middle East, and North Africa (SAPMENA) region, encompassing India, to foster the next wave of beauty advancements…
• DS Group’s Confectionery Arm Hits Rs 1,000 cr in Annual Sales
  24 May 2024, indianretailer.com
  Dharampal Satyapal Foods Ltd. (DSFL), the confectionery division of DS Group, has achieved a notable milestone by surpassing Rs 1,000 crore in annual sales turnover for FY 2023-24…
• Plum Appoints Preenu Abraham as Chief Business Officer
  24 May 2024, indianretailer.com
  Plum, the science-first, 100-percent vegan beauty brand established in 2014, is enhancing its leadership team as it plans to expand its omni-channel retail network across India…
• Best Brands Like Shein in India
  24 May 2024, indianretailer.com
  Shein, known for its trendy and affordable clothing, has become a go-to choice for fashion enthusiasts. However, with Shein ceasing its operations in India, consumers are now on the lookout for Shein alternatives in India…
• The Rise of Sustainable Fashion: Innovations Shaping the Future of Textile Industry
  24 May 2024, indianretailer.com
  The fashion industry, once synonymous with rapid trends and disposable clothing, is undergoing a remarkable transformation with the rise of sustainable fashion…
• K Raheja Corp Homes Marks Its Debut In Sion- Mumbai
  23 May 2024, rprealtyplus.com
  K Raheja Corp Homes, the residential business of the K Raheja Corp group, marks its entry into the vibrant neighborhood of Sion, Mumbai, with Raheja Amaltis, its premier residential project just off the Chembur-BKC connector…
• L&T Realty inks pact for joint development of 12.2-acre land in Thane
  23 May 2024, realty.economictimes.indiatimes.com
  The current developer Jagdale Infrastructure has received a letter of intent from the Slum Rehabilitation Authority in 2022 and is now bringing in L&T Realty as its partner in the project…
• Jubilant FoodWorks sees multifold jump in net profit to Rs 208.24 crore in Q4 FY24
  23 May 2024, retail.economictimes.indiatimes.com
  Its ​​total income stood at Rs 1,594.12 crore in Q4 FY24 as against the total income Rs 1,289.59 crore in the similar period of the previous fiscal. However, total expenses of the company grew to Rs 1,545.47 crore in the quarter ended March, 2024 as compared to Rs 1,205.15 crore in the period, a year…
• Nykaa Q4 Results: Profit zooms 187% YoY to Rs 6.9 crore; revenue rises 28%
  23 May 2024, retail.economictimes.indiatimes.com
  The consolidated net profit stood at Rs 2.4 crore in the last-year period. Nykaa’s board has approved an investment of Rs 20 crore in FSN International, a wholly-owned subsidiary, on a rights basis.​ The company’s board has approved an investment of Rs 20 crore in FSN International, a wholly-owned subsidiary, on a rights basis. FSN International will further invest around $1.9 million in one of its overseas arm…
• Paytm expects near-term impact on revenue, profitability due to regulatory action: Vijay Shekhar Sharma
  23 May 2024, retail.economictimes.indiatimes.com
  Paytm’s parent, One 97 Communications Ltd, is taking steps to “strengthen the governance framework across our group entities (especially regulated entities)” by appointing subject matter experts as advisors of independent directors, says founder Sharma in letter to shareholders. Going forward in the ongoing fiscal, Paytm also anticipates reduction in employee costs…
• DS Group eyes Rs 5,000 crore sales from confectionery biz in 5 years
  23 May 2024, retail.economictimes.indiatimes.com
  In terms of growth drivers going ahead, he said the company will continue to maintain its leadership position in the Hard-boiled Candy (HBC) and Indian ethnic confectionery (IEC) segments, besides driving up new segments such as chocolate…
• ITC focusing on innovative packaging and product premiumisation to boost CX
  23 May 2024, retail.economictimes.indiatimes.com
  ​​ITC aims to make its packaging channel-agnostic as creating different packaging for each channel poses a challenging supply chain issue. However, not all products can utilize the same packaging for the e-commerce supply chain. ​​Sharing thoughts on the packaging difference in the channels, Biswarup Chakrabarty, general manager and head of packaging development, at ITC Foods said, “We develop distinct secondary packaging or SKUs for e-commerce, collaborating closely with the respective channels.”..
• Temu owner Pinduoduo says triples net profit in first quarter
  23 May 2024, retail.economictimes.indiatimes.com
  Chinese e-commerce giant Pinduoduo announced Wednesday its net profit for the first quarter more than tripled, as the Temu owner continues to boost its competitiveness in its home market and abroad. In March, the company announced near-double annual profits in 2023, a year in which it briefly surpassed Alibaba — owner of Chinese e-commerce behemoth Taobao — in terms of market capitalisation for the first time…
• Organised gold jewellery retailers to achieve strong revenue growth in FY25: CRISIL
  23 May 2024, retail.economictimes.indiatimes.com
  A CRISIL Ratings report forecasts 17-19% annual revenue growth for organised gold jewellery retailers in fiscal 2025, driven by higher gold prices…
• Wildcraft India partners Apparel Group for expansion in GCC region
  23 May 2024, retail.economictimes.indiatimes.com
  The tie-up will endeavour to establish an exclusive store network across all the six countries in the Middle East — Saudi Arabia, UAE, Oman, Qatar, Bahrain, and Kuwait…
• M&S’s profit soars 58% as a turnaround plan finally delivers
  23 May 2024, retail.economictimes.indiatimes.com
  M&S made profit before tax and adjusting items of 716.4 million pounds ($913 million) in the year to March 30, ahead of analysts’ forecasts of 665 million to 705 million pounds and the 453.3 million pounds made in 2022/23. Sales rose 9.4% to 13.1 billion pounds, with food sales up 13.0% and clothing and homewares up 5.3%…
• Uneven rainfall affected rural demand, says HUL chairman Nitin Paranjpe
  23 May 2024, retail.economictimes.indiatimes.com
  Hindustan Unilever (HUL) reported a strong performance in the last fiscal year despite challenges in the macroeconomic environment, including erratic rainfall affecting agricultural output and rural demand. Chairman Nitin Paranjpe noted a gradual deflation in commodity prices but highlighted sustained high inflation…
• Jubilant FoodWorks sets target to open over 5,500 Domino’s Pizza stores globally in medium term
  23 May 2024, livemint.com
  Jubilant FoodWorks Ltd (JFL) which operates master franchise rights from Domino’s Pizza in India and select global markets on Wednesday said it could potentially open over 5,500 Domino’s Pizza stores in the six global markets it operates in the medium term up from the current 2,793 outlets in these markets…
• Departmental Store : Definition,Types, Advantages, and Disadvantages
  23 May 2024, indianretailer.com
  Departmental stores have become a staple in urban and suburban areas, offering a one-stop shopping experience for consumers. These large retail establishments are designed to cater to a wide array of consumer needs, from groceries and clothing to electronics and home goods…
• PowerMax Aims for 500 cr Revenue Milestone in Fiscal Year
  23 May 2024, indianretailer.com
  PowerMax has announced its goal to reach a 500 crore revenue milestone this fiscal year. Known for its affordability and durability, PowerMax has made a name for itself in the retail sector in India, offering a range of products including treadmills, multi-gyms, exercise bikes, and rowing machines…
• PoloQueen Industrial Partners with Raveena Tandon to Boost Kitchen Essentials Range
  23 May 2024, indianretailer.com
  PoloQueen Industrial and Fintech Limited, a leading FMCG player listed on the BSE, has announced Bollywood actress Raveena Tandon as its brand ambassador…
• Most Common Retail Abbreviations & Acronyms
  23 May 2024, indianretailer.com
  KPI stands for Key Performance Indicator. In retail, KPIs are like your dashboard gauges, telling you how your store is performing in key areas. They help you track progress towards your goals and identify areas for improvement…
• 10 Best Vodka Brands in India Under Rs1500 to Try in 2024
  23 May 2024, indianretailer.com
  India’s vodka market has seen a surge in popularity, with consumers seeking quality and affordability. Vodka has become a preferred choice for many, thanks to its versatility and the variety of flavors available…
• Evolution of E-commerce in India
  23 May 2024, indianretailer.com
  India’s e-commerce landscape is undergoing a dramatic transformation, fueled by the ever-increasing presence of mobile phones in people’s pockets…
• Arrow Broadens Reach with Kolhapur Store Opening
  23 May 2024, indianretailer.com
  Arrow, the renowned professional menswear brand under Arvind Fashions Limited, announced the opening of its exclusive brand outlet in Kolhapur, Maharashtra…
• Nexus Select Trust in talks to buy Marina Mall in Chennai
  22 May 2024, realty.economictimes.indiatimes.com
  Nexus Select Trust in talks to acquire The Marina Mall in Chennai, developing a diverse portfolio with Grade-A malls in Hyderabad. Plans to double assets to 20M sq ft in 5 years, reflecting India’s retail growth and mall consumption surge…
• CapitaLand Investment appoints Sumit Gera as CEO for India Business Parks
  22 May 2024, realty.economictimes.indiatimes.com
  As part of CLI’s leadership succession plans, Gera has assumed the position from Gauri Shankar Nagabhushanam, who has been appointed as CEO (Designate) of CapitaLand India Trust (CLINT)…
• CapitaLand Investment appoints Sumit Gera as CEO for India Business Parks
  22 May 2024, realty.economictimes.indiatimes.com
  As part of CLI’s leadership succession plans, Gera has assumed the position from Gauri Shankar Nagabhushanam, who has been appointed as CEO (Designate) of CapitaLand India Trust (CLINT)…
• As mercury rises, so does the demand for home delivery
  22 May 2024, retail.economictimes.indiatimes.com
  Ecommerce platforms are experiencing a surge in demand for essentials like groceries, leading to a spike in deliveries. This surge is also increasing the demand for manpower at dark stores and distribution centers. Orders in the National Capital Region have seen a sharp increase, with consumers also ordering ice-creams and beverages online…
• ETRetail Interviews: VLCC MD decodes 3.0 journey for the brand
  22 May 2024, retail.economictimes.indiatimes.com
  Catch Vikas Gupta, Managing Director and Group CEO, VLCC in an exclusive chat with ETRetail’s Pallavi Goel as he decodes 3.0 Journey for the brand…
• Arvind Fashions net profit rises to Rs 39.7 cr in Q4, revenue up 3.6% at Rs 1,094 cr
  22 May 2024, retail.economictimes.indiatimes.com
  Arvind Fashions had sold its Sephora business to Reliance Retail in the last December quarter. According to AFL, its profit from continuing business was at Rs 25 crore, up 72 per cent year-on-year. AFL’s revenue from operations was up 3.66 per cent to Rs 1,093.85 crore during the quarter from Rs 1,055.20 crore a year earlier…
• Offline stores are trending as new set of D2C firms emerge
  22 May 2024, retail.economictimes.indiatimes.com
  Investors and startup founders are noticing a trend: D2C businesses across various sectors, like fashion, electronics, and food and beverage, are opening physical stores (going offline) even after their initial funding round…
• Whirlpool of India Q4 net profit rises 24.7 pc to Rs 79.5 cr
  22 May 2024, retail.economictimes.indiatimes.com
  ​Whirlpool of India on Monday reported a 24.7 % increase in consolidated net profit to Rs 79.45 crore in the March quarter with net profit of Rs 63.71 in January-March quarter of the previous fiscal…
• New prompt for virtual retail: Ecommerce firms are using AI in a variety of ways to take on physical retail
  22 May 2024, retail.economictimes.indiatimes.com
  Ecommerce companies use AI models for virtual try-on, personalized recommendations, language understanding, browsing history tracking, profile details analysis, vernacular language support, spell error correction, transliterated usages support, query classification, facial analysis for cosmetics suggestions, outfit suggestions based on skin tone, virtual assistant features, and product assistance to enhance the customer experience…
• Anuj Rathi to take over as CEO of Flipkart-owned Cleartrip
  22 May 2024, retail.economictimes.indiatimes.com
  Flipkart is seeing another set of top-deck changes, as it ropes in Anuj Rathi as the new CEO of its travel booking unit Cleartrip, while top executives Prabh Simran Singh and Sankalp Mehrotra are exiting the firm…
• Trent speeds up Zudio expansion, adds over 200 stores last fiscal
  22 May 2024, livemint.com
  Trent Ltd’s value apparel format Zudio opened a record 203 new stores during fiscal 2024, while entering 46 new cities during the year taking the total number of stores to 545, the retailer said…
• SP Apparels reports 40 per cent increase in PAT to ₹28 crore in Q4 FY24
  22 May 2024, thehindubusinessline.com
  SP Apparels Ltd, the Avinashi-based textiles company, has reported a 40 per cent increase in consolidated net profit to ₹28 crore for the fourth quarter ended March 31, 2024, as against ₹20 crore for the same quarter last year. Revenue increased 7 per cent to ₹295 crore (₹275 crore)…
• Landcraft Retail Debuts Gourmet Store in Bandra West
  22 May 2024, indianretailer.com
  Landcraft Retail, founded by Lalit Jhawar and Mayank Gupta, has announced an undisclosed funding round with notable investors such as supermodels Ujjwala Raut, Vartika Singh, designer Payal Singhal, digital creator and mom blogger Simone Khambatta, and luxury fashion house Purple Style Labs…
• Yousta Expands to North India with New Store in Prayagraj
  22 May 2024, indianretailer.com
  Reliance Retail’s youth-focused fashion brand, Yousta, has launched its first store in North India, located in Prayagraj at SP Marg, Civil Lines…
• The Body Shop UK in Administration India Remains Strong
  22 May 2024, indianretailer.com
  The Body Shop’s UK market and UK-based Global Head Office have entered administration, with a sale process for the business initiated on Monday, May 20, 2024…
• ISWAI Advocates for Uniform Alcohol Guidelines in India
  22 May 2024, indianretailer.com
  In a move to address common misconceptions about alcohol consumption, the International Spirits and Wines Association of India (ISWAI), the leading body of the premium AlcoBev sector, is pushing for uniform alcohol guidelines across India…
• Differences Between Store and Non-Store Retailing
  22 May 2024, indianretailer.com
  Retailing is a fundamental part of the economy, providing consumers with access to goods and services. Retail can be divided into two main categories: store retailing and non-store retailing…
• Top 10 Grocery Brands in India
  22 May 2024, indianretailer.com
  India’s grocery retail sector has evolved significantly over the past few decades, becoming one of the most vibrant and competitive markets globally…
• Flipkart Reports 1.6X Growth in Grocery Business
  22 May 2024, indianretailer.com
  Flipkart, a major player in India’s e-commerce retail market, has announced a 1.6X year-on-year growth in its grocery segment. This milestone highlights Flipkart’s dedication to delivering a comprehensive online shopping experience to consumers across India, offering a wide selection of daily essentials at competitive prices…
• Donear Group Coming Up with New Retail Chain ‘Neo Stretch Retail’
  22 May 2024, irecwire.com
  The brand will initially be available through company-owned stores (COCO) and eventually expand via franchising models…
• Ethnix by Raymond plans aggressive expansion in tier-2, 3 cities, eyes 250 stores by fiscal end
  21 May 2024, retail.economictimes.indiatimes.com
  ​Ethnix by Raymond is aiming to reach 250 stores mark this fiscal year with a focus on regions with a high concentration of ethnic wear consumer brands, particularly in tier 2 and 3 cities, which constitute about 85 per cent of the market, said chief business officer Bidyut Bhanjdeo in an exclusive interview with ETRetail…
• TCPL clocks 5.3 per cent sales from the launch of new innovative products
  21 May 2024, retail.economictimes.indiatimes.com
  “Last fiscal, we added 1,000 distributors. This fiscal, more than the number of distributors per se, we are adding salesmen because a big thrust for us is unlocking the bandwidth at the front end. So, we are going to add about 2,000 salesmen. Apart from this, we are also expanding our reach from 1.5 million to 1.7 million direct outlets,” said Sunil D’Souza, MD and CEO, Tata Consumer Products…
• Why AC makers may lose Rs 1200-1500 crore despite heatwave and an all-time high sales
  21 May 2024, retail.economictimes.indiatimes.com
  Major air conditioner manufacturers in India are facing a shortage of products due to a surge in demand caused by the prolonged heatwave. Summer set in early in the country this year, with 35 degree Celsius temperature being reported in many parts across India from the second half of March…
• Top Flipkart executives Prabh Simran Singh, Sankalp Mehrotra to step down
  21 May 2024, thehindubusinessline.com
  Walmart-backed e-commerce major Flipkart’s Senior Vice-President (SVP) of Customer Growth and Retention, Marketing and Ads, Prabh Simran Singh, will be leaving the company in the coming weeks, said people aware of the developments…
• Prada not looking at M&A, CEO says
  21 May 2024, retail.economictimes.indiatimes.com
  The CEO – appointed in January 2023 to lead the company as the next generation of its founding family gets ready to pick up the reins – said he did not know when the change at the helm would take place. Lorenzo Bertelli, one of the two sons of Prada’s founders Miuccia Prada and Patrizio Bertelli, is expected to be appointed CEO after Guerra. In first quarter results published last month, Prada defied a slowdown across the luxury sector, reporting booming demand for its high fashion brand Miu Miu and continued growth in Asia…
• June quarter likely to be a laggard for FMCG, multiplex sectors
  21 May 2024, thehindubusinessline.com
  FMCG companies are likely to a see a muted June quarter due to various factors including elevated inflation levels, heat wave as well as lower than anticipated impact of election season on boosting consumption…
• Pizza Hut appoints Kalen Thornton as global brand chief
  21 May 2024, retail.economictimes.indiatimes.com
  Thornton most recently served as vice president of sports and entertainment marketing for PepsiCo North America, where he led partnerships and built brand affinity across sports entertainment properties – leveraging media, content, and activation investments to drive growth for the beverage portfolio. During his time at PepsiCo, Thornton also served as chief marketing officer of Gatorade…
• Target to lower prices on thousands of basic items as inflation sends customers scrounging for deals
  21 May 2024, retail.economictimes.indiatimes.com
  Target and other retailers are increasingly catering to customers who are struggling with higher prices for groceries, though inflation has begun to cool. Many of them have switched to private label brands sold by Target and others big retailers, which are typically less expensive than well-known brands…
• Wipro Consumer VC looks for more follow-on rounds
  21 May 2024, retail.economictimes.indiatimes.com
  Sumit Keshan, managing partner of Wipro Consumer Care – Ventures, said the fund’s approach has been to invest $1-3 million per deal with a follow-on investment that can go up to $4 million. The second fund will make a portfolio of around 15-16 companies, largely with the same ticket sizes, with a little more focus on follow-on funding, he added…
• Sugar Cosmetics expects all its offline stores to turn profitable in FY25
  21 May 2024, financialexpress.com
  Singh said that as the brand scales across geography and demographics, its self-operated stores continue to be a significant part of its business and overall brand positioning…
• Essential Objectives and Strategies in Retail Management
  21 May 2024, indianretailer.com
  Retail management plays a pivotal role in today’s fast-paced commercial world, bridging the gap between consumer needs and the products or services offered…
• Top 10 Female Cigarette Brands in India You Must Know
  21 May 2024, indianretailer.com
  In the lively markets of India, where consumer products are specifically designed for its varied population, certain cigarette brands have successfully positioned themselves to appeal particularly to female smokers…
• Retail Industry in India: Trends and Insights
  21 May 2024, indianretailer.com
  The retail industry in India has been a cornerstone of its economic development, showcasing remarkable growth and evolution over the years. As one of the world’s fastest-growing retail markets, India’s retail sector is characterized by a unique blend of traditional formats and modern retailing concepts…
• Top 5 Jewellery Brands in India with the Largest Retail Networks
  21 May 2024, indianretailer.com
  The Indian Jewellery market is a remarkable display, rich in heritage, skilled craftsmanship, and continuously adapting trends. At its core are the top 5 jewellers in India, who excel in jewellery making and have developed a strong retail presence, making beautiful adornments widely available…
• Mars Cosmetics Collabs with Nancy Tyagi as Official Makeup Partner
  21 May 2024, indianretailer.com
  Indian cosmetic brand Mars Cosmetics collaborated with fashion influencer Nancy Tyagi as their ‘Official Makeup Partner’ at the Annual Cannes Film Festival. The 77th edition of the Cannes Film Festival took place on May 17, 2024…
• Footwear Industry in India: How Bright is the Future?
  21 May 2024, indianretailer.com
  In the global footwear market, trends indicate a promising expansion with a projected growth of 12.83 percent annually by 2028. Significantly, the footwear industry in India is advancing at a rapid rate…
• Revolutionizing Fashion Retail: Integrating D2C and E-commerce Strategies with Technological Innovations
  21 May 2024, retail.economictimes.indiatimes.com
  India is gradually realizing its potential as a key player in the global economy, driven significantly by the increasing purchasing power of its citizens…
• Sbarro Names Mario Bojorquez as President, North America
  21 May 2024, indianretailer.com
  Sbarro, known for its Original New York Style Slices and Strombolis, announced the appointment of Mario Bojorquez as its new President, North America…
• Parag Milk Foods’ Q4 FY24 Net Profit Drops by 56.1%
  21 May 2024, indianretailer.com
  According to a regulatory filing, Parag Milk Foods recently announced a significant 56.1 percent decrease in consolidated net profit, amounting to Rs 9.81 crore for the fourth quarter ending March 2024…
• LT Foods Reports 14% Increase in Q4 Net Profit
  21 May 2024, retail.economictimes.indiatimes.com
  LT Foods, a global FMCG company with Indian origin and with presence of over 70 years in the consumer food sector, reported a 14% increase in consolidated net profit, reaching Rs 150.24 crore for the fourth quarter of fiscal 2023-24, driven by strong sales…
• Anime Alchemy: Crunchyroll’s Epic Saga in India
  21 May 2024, indianretailer.com
  Launched in 2020, Crunchyroll has seen tremendous growth in India. With a base of 180 million Indian anime fans, the Over The Top (OTT) anime streaming platform has experienced a 2X growth in minutes per viewer and a 3.5X increase in total watch time over the past six months…
• Hyderabad Sees 15% YoY Increase In Property Registrations
  20 May 2024, rprealtyplus.com
  In its latest assessment, Knight Frank India reported that Hyderabad saw 26,027 property registrations in the first four months of 2024, with a total value of INR 16,190 crores (cr)…
• Signatureglobal Homes Acquires 14.65 Acres In Gurugram
  20 May 2024, rprealtyplus.com
  Signatureglobal Homes, a wholly-owned subsidiary of Signatureglobal (India), has executed a significant land purchase, acquiring 14.65 acres in Gadauli Kalan, Sector-37D, Gurugram…
• DLF Cyber City Developers’ office rental income rises 7% to Rs 3,460 crore in FY24
  20 May 2024, realty.economictimes.indiatimes.com
  DLF Cyber City Developers has an operational rental portfolio of 41.9 million square feet, of which 37.9 million square feet area is office space and 4 million square feet retail real estate…
• FMCG demand most in five southern states: Discretionary or essential, sales go north in south
  20 May 2024, retail.economictimes.indiatimes.com
  South India leads post-Covid demand recovery with increased FMCG sales, higher consumer spending, and more shopping trips in 2023, a Kantar report shows. Retail sales growth in the peninsula region outperforms the rest of India. The region’s rapid recovery is fueled by a young workforce, new-age sectors, and robust manufacturing investment…
• Growth gets thinner for Zara as competition grows in size
  20 May 2024, retail.economictimes.indiatimes.com
  Zara has been a runaway success since its arrival in the country more than a decade ago but after initially doubling sales every two years, the brand’s rate of expansion had come down in the past few years. “The market is very competitive, and the challenges are real. Nevertheless, the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines,” P Venkatesalu, chief executive officer at Trent, said in the report…
• Parag Milk Foods’ net profit declines 56.1% to Rs 9.81 crore in Q4 FY24
  20 May 2024, retail.economictimes.indiatimes.com
  ​Devendra Shah, chairman of Parag Milk Foods said, “Our consolidated revenues for FY24 have crossed the milestone of Rs 3,000 crore; along with improvement in margins and profitability. The Profit after tax for the year amounted to Rs 91 crore, supported by healthy operating cash flows of Rs 99 crore.”..
• Navigating the fashion industry’s shift towards micro-seasons
  20 May 2024, retail.economictimes.indiatimes.com
  Traditionally, the fashion industry has been anchored in a bi-annual schedule, releasing vast Spring/Summer and Autumn/Winter collections. This model, while time-honored, has often led to significant waste, with unsold items contributing to the industry’s substantial environmental footprint. The advent of micro-seasons introduces a paradigm shift, proposing a model where smaller, more frequent collections can minimize waste, respond more agilely to consumer trends, and foster a closer connection between brands and their audiences…
• From shelves to shopping carts: Understanding retail dynamics and consumer choices in functional beverages
  20 May 2024, retail.economictimes.indiatimes.com
  As competition intensifies within the retail beverage market, companies are looking beyond traditional marketing strategies to engage customers through experiential promotions, social media campaigns, and collaborations with influencers. By leveraging these innovative approaches alongside a commitment to quality and sustainability practices, brands can forge stronger connections with their target audience and foster brand loyalty in an increasingly crowded marketplace…
• Online Innerwear Sales Increased by 80 pc in FY24
  20 May 2024, retail.economictimes.indiatimes.com
  Online innerwear sales have soared by over 80 percent during the financial year (FY) 2024 compared to FY 2023. The surge isn’t limited to just one category…
• Tea major B&A Ltd ventures into retail segment
  20 May 2024, retail.economictimes.indiatimes.com
  B&A Ltd, a prominent company in the tea industry, has ventured into retail with its ‘Gatoonga’ brand of black tea, marking its first entry into the retail segment in its century-long history. The brand was launched in Assam, with plans to expand across India gradually. The company, previously focused on tea manufacturing, processing, packaging, tourism, and broking, now includes retail branding as its fifth vertical. With 11 tea estates in upper Assam and a recent acquisition, B&A Ltd aims for pan-India growth, investing Rs 50 crore over the next seven years. ..
• ITC’s Sanjiv Puri takes over as CII president
  20 May 2024, retail.economictimes.indiatimes.com
  Puri heads ITC Ltd, a conglomerate with businesses in FMCG, hotels, paperboards & packaging, agribusiness and IT. He is also the chairman of ITC Infotech India Ltd, its subsidiaries in the UK and US and Surya Nepal Private Ltd…
• Noida International Airport Inks Duty-Free Collaboration with Heinemann, BW
  20 May 2024, indianretailer.com
  Noida International Airport (NIA) has granted the concession for retail and duty-free operations to a consortium comprising Heinemann Asia Pacific, a Singapore-based operator in duty-free and travel retail, and BWC Forwarders Private Ltd, an Indian duty-free services provider…
• Her Story Transforms to ANEKA, Pioneering a New Luxury Identity and Global Reach
  20 May 2024, indianretailer.com
  The luxury Maison, formerly known as Her Story, is embarking on a new chapter of global expansion. With a presence in Paris and America, the brand is introducing new collections centered around contemporary universal values, including upcoming high jewelry and men’s collections…
• Revolutionizing Fashion Retail: Integrating D2C and E-commerce Strategies with Technological Innovations
  20 May 2024, indianretailer.com
  India is gradually realizing its potential as a key player in the global economy, driven significantly by the increasing purchasing power of its citizens…
• Italian Skincare Giant Rilastil Set to Make Debut in India
  20 May 2024, indianretailer.com
  Italian dermatological skincare brand Rilastil is all set to enter India this month, the company announced recently. Rilastil is set to introduce a selection of top-tier dermatological solutions tailored for the Indian market, covering depigmentation, hydration, acne treatment, facial cleansers, and sun protection…
• Andrea’s Bar and Brasserie Revamps with Global Flavors
  20 May 2024, indianretailer.com
  Andrea’s Bar and Brasserie, located in the bustling Khan Market, has undergone a transformation with a stylish new look and a menu inspired by the cosmopolitan dining scenes of New York, Paris, and London…
• Yamanto Central Debuts YUManto Dining Precinct and Play Area
  20 May 2024, indianretailer.com
  Yamanto Central shopping centre has launched its eagerly awaited YUManto outdoor dining area and children’s playscape, just in time for the cooler months. This new space offers diners the chance to enjoy outdoor dining in a semi-enclosed area that overlooks the children’s play area, making it a convenient spot for families…
• Wow! Momo Launches Three New Formats in Vellore
  20 May 2024, indianretailer.com
  Indian quick-service restaurant chain Wow! Momo has introduced three of its store formats—Wow! Kulfi, Wow! Momo, and Wow! China—in Vellore, Tamil Nadu. These new outlets are situated on VIT Main Road…
• Hilton and Hilton Garden Inn Bengaluru Embassy Manyata Business Park Announce Strategic Leadership Additions
  20 May 2024, indianretailer.com
  Hilton and Hilton Garden Inn Bengaluru Embassy Manyata Business Park are delighted to announce the appointment of four new leaders. These seasoned professionals bring diverse backgrounds and extensive expertise, promising to shape the future of our properties with fresh perspectives and a commitment to guest satisfaction…
• Nando’s Teams Up with K Hospitality Corp to Broaden Indian Presence
  20 May 2024, indianretailer.com
  Nando’s, a QSR brand from South Africa has partnered with Indian food service company K Hospitality Corp to launch 150 restaurants in the upcoming decade. In conjunction with K Hospitality Corp, Nando’s India plans to broaden its presence in new cities…
• The Phoenix Mills’ net profit up 32.61% in Q4 FY24
  18 May 2024, realty.economictimes.indiatimes.com
  The Phoenix Mills’ net consolidated total income stood at Rs 1,343.14 crore in Q4 FY24, a growth of 77.96 per cent from Rs 754.73 crore it recorded in the similar quarter last year…
• Signatureglobal (India)’s subsidiary buys 14.65 acres land in Gurugram
  18 May 2024, realty.economictimes.indiatimes.com
  Pradeep Kumar Aggarwal, chairman and whole-time director of Signatureglobal (India) said, “We aim to launch a residential project on this land in FY25-26.”…
• Five lakh sellers onboard ONDC so far: DPIIT secy
  18 May 2024, retail.economictimes.indiatimes.com
  Asked if big startups would overshadow smaller players, DPIIT secretary Rajesh Kumar Singh said it will increasingly get traction for all types of players that comes to the ecommerce marketplace…
• Top luggage firms see slower growth in Q4
  18 May 2024, retail.economictimes.indiatimes.com
  Samsonite, Safari, and VIP Industries faced growth declines in India. Samsonite’s business fell 10%, Safari’s growth slid to 21%, and VIP Industries saw sales taper to 14%. China regained Samsonite’s top market position post travel restrictions. Neetu Kashiramka discussed industry growth, and the shift towards hard luggage was highlighted in a RedSeer report…
• Amazon, Flipkart to have quick commerce play in certain categories: Delhivery CEO Sahil Barua
  18 May 2024, retail.economictimes.indiatimes.com
  Quick commerce platforms like Zepto, Blinkit and Swiggy Instamart are venturing into ecommerce categories such as fashion, electronics, home appliances and luggage, and go beyond just daily essentials and groceries. ..
• All eyes on impact of De Beers demerger
  18 May 2024, retail.economictimes.indiatimes.com
  De Beers has been a subsidiary of Anglo American for about 15 years now. The potential sale is expected to attract significant interest from investors worldwide, given De Beers’ a dominant position in the global diamond market and its iconic brand status. Industry analysts are closely monitoring the implications of the divestment and the future ownership structure of De Beers…
• U.S. Polo Association launches new store in Bengaluru
  18 May 2024, thehindubusinessline.com
  The new store is a part of the brand’s expansion strategy, which focuses on brick-and-mortar, omni-channel, e-commerce, and overall brand marketing…
• Luxury group Richemont reports Q4 sales slowdown, appoints new CEO
  18 May 2024, retail.economictimes.indiatimes.com
  The company, which also owns high-end Swiss watch brands, such as Piaget and Jaeger-LeCoultre, said sales fell to 4.80 billion euros ($5.21 billion) in the three months to the end of March…
• LT Foods posts 14% jump in Q4 net profit on strong sales
  18 May 2024, retail.economictimes.indiatimes.com
  Commenting on the performance, LT Foods Managing Director Ashwani Arora said the company has delivered stellar growth in revenue and profitability for yet another year, despite facing a challenging external environment…
• Retailers report 4% growth in sales in April 2024
  18 May 2024, retail.economictimes.indiatimes.com
  Retail sales in April 2024 increased by 4% compared to April 2023, according to a survey by the Retailers Association of India. However, the retail sector is not experiencing double-digit growth, as customers are cautious on non-essential items and splurging on capital purchases. Sales across regions showed growth, with QSR, food & grocery, and jewellery categories experiencing significant growth…
• Dixon ropes in Realme, plans to manufacture display modules for mobile phones: MD
  18 May 2024, retail.economictimes.indiatimes.com
  Dixon Technologies, an Indian contract manufacturer, has secured Realme, a Chinese smartphone brand, as a new client. They intend to commence production of display modules for mobile phones, tablets, and notebooks, with a targeted capital expenditure of $30 million, excluding costs related to land and buildings…
• Soch Opens First International Store in Canada
  18 May 2024, indianretailer.com
  Soch, a prominent name in Indian retail, has opened its first international store in Canada. The new store, located on North Park Drive in Brampton, will offer a wide range of exclusive designs and ethnic wear, marking a significant milestone in the brand’s expansion beyond India…
• Online Innerwear Sales Increased by 80 pc in FY24
  18 May 2024, indianretailer.com
  Online innerwear sales have soared by over 80 percent during the financial year (FY) 2024 compared to FY 2023. The surge isn’t limited to just one category…
• Flipkart’s IPO on the Horizon as Walmart Evaluates Market Conditions
  18 May 2024, indianretailer.com
  Walmart is currently evaluating the optimal timing for Flipkart’s initial public offering, the US-based retailer informed analysts on May 16, emphasizing that India continues to be an exciting opportunity for the company…
• Wooden Street Expands Offline Presence in Jodhpur
  18 May 2024, indianretailer.com
  Wooden Street, a home furniture and decor brand based in Jaipur, has inaugurated a fresh manufacturing facility and research and development (R&D) center in Jodhpur, Rajasthan…
• Nippon Paint Debuts Weatherbond 8 in Bengaluru with RCB Stars
  18 May 2024, indianretailer.com
  Nippon Paint, the leading paint brand in the Asia Pacific, has introduced its innovative new product, Weatherbond 8, in Bengaluru. The launch event on May 16, 2024, featured appearances by Cameron Greene, Rajat Patidar, Lockie Ferguson, and Mahipal Lomror from the Royal Challengers Bangalore (RCB) IPL team…
• Her Story Transforms to ANEKA, Pioneering a New Luxury Identity and Global Reach
  18 May 2024, indianretailer.com
  The luxury Maison, formerly known as Her Story, is embarking on a new chapter of global expansion. With a presence in Paris and America, the brand is introducing new collections centered around contemporary universal values, including upcoming high jewelry and men’s collections…
• Italian Skincare Giant Rilastil Set to Make Debut in India
  18 May 2024, indianretailer.com
  Italian dermatological skincare brand Rilastil is all set to enter India this month, the company announced recently. Rilastil is set to introduce a selection of top-tier dermatological solutions tailored for the Indian market, covering depigmentation, hydration, acne treatment, facial cleansers, and sun protection…
• Andrea’s Bar and Brasserie Revamps with Global Flavors
  18 May 2024, indianretailer.com
  Andrea’s Bar and Brasserie, located in the bustling Khan Market, has undergone a transformation with a stylish new look and a menu inspired by the cosmopolitan dining scenes of New York, Paris, and London…
• AcerpureYamanto Central Debuts YUManto Dining Precinct and Play Area
  18 May 2024, indianretailer.com
  Yamanto Central shopping centre has launched its eagerly awaited YUManto outdoor dining area and children’s playscape, just in time for the cooler months…
• Signature Global Aims To Achieve Pre-Sales Of INR 100 Bn In FY25
  17 May 2024, rprealtyplus.com
  Signature Global (BSE: 543990 | NSE: SIGNATURE), amongst the leading real estate development companies in India, aims to achieve pre-sales of INR 100 bln in FY25 on the back of robust demand from the residential segment in NCR…
• Ampa Group Partners With Indian Hotels Company (IHCL) In Chennai
  17 May 2024, rprealtyplus.com
  AMPA Group, Chennai’s most trusted real estate developers in partnership with Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the launch of Taj Sky View Hotel…
• Isha Ambani-led Reliance Retail set to take on Zara and H&M, brings UK’s fashion retailer ASOS to India
  17 May 2024, retail.economictimes.indiatimes.com
  ASOS will have a premium positioning with an omnichannel focus to take on the likes of premium fashion retail brands including Zara and H&M in the Indian market. Currently, RRL and its subsidiary has over 50 brands in the premium, luxury, and ultra-luxury segments.​​ Emphasizing on adding more such brands in the above premium segment, Isha Ambani, Director, Reliance Retail Ventures Limited, said, “We aim to bring global fashion trends to India.”..
• TCNS Clothing Q4 loss at Rs 63 cr; sales fall to Rs 211 cr
  17 May 2024, retail.economictimes.indiatimes.com
  TCNS ​saw its revenue from operations declining to Rs 211.32 crore against Rs 268.55 crore in the March quarter last year…
• Cantabil Retail Q4 profit jumps 9%; co raises Rs 50.4 cr to capitalise on growth opportunities
  17 May 2024, retail.economictimes.indiatimes.com
  “We have further strengthened our balance sheet strength by raising ₹ 50.4 crores from marquee investors in Q4 FY24 which will help us to capitalise further on the growth opportunities,” said Vijay Bansal, CMD, Cantabil Retail India. The company’s net profit in Q4 rose to Rs 18.3 crore…
• Soch goes international, opens first store in Canada
  17 May 2024, retail.economictimes.indiatimes.com
  “Last fiscal, we only had an online presence in the international markets and it contributed 2 per cent of the overall revenue. So this fiscal, there will be a larger push on online international sales. We expect double that. And from stores, we are eyeing Rs 10-15 crore revenue by this fiscal end. This we plan to increase to Rs 40-50 crore by next fiscal year,” Vinay Chatlani, CEO & co-founder of Soch said…
• Dixon signs pact with Acerpure to make consumer appliances
  17 May 2024, retail.economictimes.indiatimes.com
  The partnership comes after Dixon started making notebooks for the Taiwanese company since the first version of the production-linked incentive scheme for IT hardware was rolled out in 2021…
• Quick commerce is diversifying fast; it won’t be easy
  17 May 2024, retail.economictimes.indiatimes.com
  As 10-minute delivery expands to include higher-value products, companies will soon realise that with big orders come big hurdles, say executives…
• Walmart profits rise on strong sales from wealthier shoppers
  17 May 2024, retail.economictimes.indiatimes.com
  Walmart reported higher profits Thursday behind solid gains at US stores as the retail giant pointed to increased purchases by wealthier shoppers and an uptick in e-commerce sales. Comparable sales in US stores rose 3.8 percent in the quarter, down from 7.4 percent in the 2023 period but still a solid level…
• Blinkit starts offering free dhaniya with vegetables after viral post. Say thanks to a Mumbai mom
  17 May 2024, retail.economictimes.indiatimes.com
  A Mumbai man’s post on paying for coriander at Blinkit prompts CEO Albinder Dhindsa to offer free coriander with vegetable orders. Ankit Sawant suggests bundling herbs free with veggie purchases. Netizens were amazed by the speed of implementation by Blinkit..
• Big scope to grow toothpaste market: Colgate Palmolive India MD Prabha Narasimhan
  17 May 2024, retail.economictimes.indiatimes.com
  Colgate Palmolive India aims to improve oral hygiene practices in India, where many do not brush regularly. With just a fifth brushing twice daily in cities and over half not brushing daily in villages, the company sees a mission in boosting oral care awareness. Despite the challenges, the company grew 10.6% in the last quarter. It emphasizes premium products for higher margins and aims to reclaim market share in premium segments. Plans include diversifying beyond oral care into personal care products…
• Mr Kipling maker Premier Foods beats full-year profit forecasts
  17 May 2024, retail.economictimes.indiatimes.com
  Branded revenue in the UK increased by 13.6% last year, and CEO Alex Whitehouse said on a media call that brands in the group’s grocery business now represent more than a quarter of the market in the categories in which the company trades…
• Retail sales were unchanged in April from March as inflation and interest rates curb spending
  17 May 2024, retail.economictimes.indiatimes.com
  Retail sales were unchanged, coming in well below economists’ expectations, and follow a revised 0.6% pace in March, according to Commerce Department data released Wednesday. Sales rose 0.9% in February. That comes after sales fell 1.1% in January, dragged down in part by inclement weather…
• Ilem Japan Introduces Skincare Line in Chennai
  17 May 2024, indianretailer.com
  Ilem Japan, a Japanese skincare brand has announced the opening of its first retail store in Chennai at Phoenix Palladium Mall, Velachery…
• SOM Distilleries Names Roy Sourav Kumar VP of Sales, East
  17 May 2024, retail.economictimes.indiatimes.com
  SOM Distilleries and Breweries Ltd, has appointed Roy Sourav Kumar as Vice President – Sales, East. Kumar boasts over twenty years of experience in sales and marketing, having worked with esteemed FMCG and alcoholic beverage companies like Cadbury’s, ITC, Heineken (UB Ltd), and ABD…
• Acerpure Debuts in India with Cutting-Edge Electronics
  17 May 2024, indianretailer.com
  Acer Group, a global leader in IT and technology solutions, has officially entered the Indian consumer electronics market with the introduction of its Acerpure brand…
• Haryana Permits Retail Sale of Nicotine Replacement Therapy (NRT)
  17 May 2024, indianretailer.com
  The recent judgment from the Punjab and Haryana High Court has approved the retail sale of Nicotine Replacement Therapy (NRT). NRT is recognized as an effective aid for tobacco cessation and has been listed in the National List of Essential Medicines since 2022…
• Bosch Expands ‘Made-in-India’ Semi-Automatic Washing Machines Portfolio
  17 May 2024, indianretailer.com
  BSH Home Appliances Pvt Ltd a subsidiary of BSH Hausgeräte GmbH has introduced its latest range of semi-automatic washing machines designed to meet the fabric care needs of Indian households…
• Asian Paints’ Light Installation Honors Cultural Heritage at Lulu Mall, Kochi
  17 May 2024, indianretailer.com
  Asian Paints has introduced ‘Reflections of Kerala’ — a light installation that celebrates Kerala’s rich cultural heritage. This installation, created in collaboration with XXL Collective from the St+art India family, is inspired by the special-edition ‘Inspired By Kerala’ packaging of Apex Ultima Protek, Asian Paints’ durable luxury exterior paint. The 12-foot installation is now displayed at Lulu Mall, Kochi…
• How ONDC is Empowering Bharat Through e-Commerce
  17 May 2024, indianretailer.com
  The Open Network for Digital Commerce (ONDC) is a groundbreaking initiative aimed at democratizing digital commerce in India. ONDC is transforming the e-commerce ecosystem, empowering small businesses, artisans, farmers, and other underserved communities across the country; designed to enable them to access the vast opportunities presented by digital marketplaces…
• Brookfield India Real Estate Trust to acquire 50% stake in four Bharti Enterprises assets
  16 May 2024, realty.economictimes.indiatimes.com
  The acquisition by Brookfield India Real Estate Trust includes commercial properties totalling 3.3 million sq ft, at an enterprise value of c. Rs 60,000 million…
• Signature Global (India) posts net profit of Rs 41.25 crore in Q4 FY24
  16 May 2024, realty.economictimes.indiatimes.com
  Signature Global (India) board has approved the investment of Rs. 34.74 crore in the 3,47,49,900 equity shares of Rs 10 each of Gurugram Commercity for cash at par…
• Bain teams up with Temasek to compete with Blackstone-led consortium for controlling stake in Haldiram’s
  16 May 2024, retail.economictimes.indiatimes.com
  The Bain and Temasek combination submitted a non-binding offer late last week valuing India’s largest snack and convenience foods company at $8-8.5 billion (Rs 66,400-70,500 crore), after initially engaging with the founding family of the 87-yearold brand separately, said people aware of the matter…
• Singapore’s APRIL Group acquires majority stake in India’s Origami
  16 May 2024, retail.economictimes.indiatimes.com
  Singapore’s APRIL Group acquires majority stake in India’s Origami, part of RGE Group, producing a wide range of tissue products. Founders retain minority stake. Suneel Kulkarni leads APRIL India & Subcontinent, focusing on high-quality, sustainable hygiene products, with tissue paper mills for local production and support for ‘Make in India’…
• Berger Paints India Q4 net profit grows 19.68% to Rs 222.62 crore
  16 May 2024, retail.economictimes.indiatimes.com
  “We gained market share again in FY24 and as a milestone crossed Rs 10,000 crore in revenue and PAT of Rs 1,000 crore on a stand-alone basis, a significant event on our 100th year in India,” Berger Paints India Managing Director & CEO Abhijit Roy said. The company delivered a double-digit improvement in profitability with all the business lines delivering well with strong double-digit volume growths and improvements in profitability especially in the industrial segment, he added…
• Nando’s partners with K Hospitality Corp to open 150 restaurants in India
  16 May 2024, retail.economictimes.indiatimes.com
  Nando’s and K Hospitality Corp announce a partnership to launch 150 restaurants in India, focusing on flame-grilled Peri-Peri chicken. The joint venture aims for expansion in new cities, starting with Hyderabad…
• Fashion brand Beyoung enters physical retailing, eyes 300 stores
  16 May 2024, retail.economictimes.indiatimes.com
  So far, Beyoung captured a large part of the online market in tier 2-4 cities and said it has a broader target to strengthen its omnichannel presence by expanding in both channels. “This is a huge step in our journey of offline expansion in tier 2,3, and 4. We are looking forward to offering quality products in many more cities. We will also be adding more categories in the year ahead,” said Shivam Soni, founder, Beyoung which opened its first door at Bhilwara, Rajasthan…
• From Bikaner to Blackstone: The success story of humble Haldiram’s
  16 May 2024, retail.economictimes.indiatimes.com
  Since 2016-17, several private equity firms including General Atlantic, Bain Capital, Capital International, TA Associates, Warburg Pincus, Everston have been talking with the Agarwal family for a minority stake or a controlling one. Haldiram’s journey from humble beginnings with a bhujia recipe to a billions-dollar empire is the stuff of business legends…
• 450 single screen cinema theatres in Telangana to shut down for two weeks
  16 May 2024, retail.economictimes.indiatimes.com
  Telangana’s single screen cinema theatre owners have stopped screenings due to low revenue, with no major films releasing until June 15. President Vijayender Reddy highlighted the financial challenges faced by theatre owners and the possibility of resuming screenings with upfront payments from producers…
• Hygiene brand Pee Safe launches chatbot to increase awareness and help shoppers
  16 May 2024, retail.economictimes.indiatimes.com
  Pee Safe introduces PeePal, an AI-driven chatbot, to enhance personal hygiene shopping and educate consumers. With the global conversational AI market projected to reach $14 billion by 2025, PeePal aims to personalize the shopping experience and empower users with hygiene knowledge. The initiative reflects Pee Safe’s evolution from a single product to a comprehensive personal hygiene brand, addressing diverse consumer needs. ..
• Expect 30-40% growth in air conditioner sales this year: B Thiagarajan, Blue Star
  16 May 2024, retail.economictimes.indiatimes.com
  IndiaB Thiagarajan, MD of Blue Star, discusses the growth and outlook of the AC industry for FY24, including unexpected growth in March and projected growth in April, market hold up post 2023 summer, potential for India to overtake China by 2040-2045, consumer finance trends, and capacity planning to meet increasing demand…
• TASVA Unveils Mumbai Mall Store in Collab with Tarun Tahiliani
  16 May 2024, indianretailer.com
  Aditya Birla Fashion and Retail Ltd in partnership with renowned designer Tarun Tahiliani, has introduced the first TASVA store in Mumbai’s Oberoi Mall. The store’s grand debut was marked by a surprise flash mob and Puneri dhol performance, captivating the audience…
• Barista Diner Launches Largest Outlet in Srinagar
  16 May 2024, indianretailer.com
  Homegrown coffee chain Barista Coffee has announced the opening of its largest outlet in the country, Srinagar. Covering an expansive area of over 4,000 sq. ft., the newest outlet is situated by Dal Lake and marks the fifth addition to the Barista Diner chain in the city…
• Beyoung Expands Offline Presence with Bhilwara Store
  16 May 2024, indianretailer.com
  Beyoung, a leading everyday fashion brand in India, is expanding its retail footprint with the launch of a new store in Bhilwara. This move is part of Beyoung’s strategy to strengthen its omnichannel presence and tap into the growing retail market in India’s tier II, III, and IV cities…
• Dhishoom by Parle Agro Widens Reach in Jeera Masala Drink Segment
  16 May 2024, indianretailer.com
  Parle Agro, renowned for its innovative strides in the Indian beverage sector, has introduced Dhishoom, a jeera masala-flavored carbonated beverage, nationwide. Dhishoom’s nationwide availability marks a significant milestone, positioning it as the pioneer national brand in this segment…
• Pluugin E-com Bridges Global Retail for Indian Businesses
  16 May 2024, indianretailer.com
  Pluugin E-commerce, a prominent player in global markets like Southeast Asia (SEA), SAARC, and Middle East and North Africa (MENA), is extending its footprint to India…
• Colorbar Aims for Public Listing Within Three Years
  16 May 2024, indianretailer.com
  Modi Enterprises intends to bring cosmetics company Colorbar to the public market within the next three years, leveraging the promising opportunities presented by the Indian beauty and personal care industry…
• Plate and Peonie Unveils New Tablecloth Line for Elevated Dining
  16 May 2024, indianretailer.com
  Plate & Peony, a renowned brand offering meticulously crafted pieces to elevate the dining experience has unveiled its latest collection of tablecloths. Whether it’s a casual family meal or a formal dinner party, the brand offers to shop tablecloth pieces that set the stage, adding texture, colour, and style to any gathering…
• EVM’s EnMag Power Banks Enters Market for Apple Users
  16 May 2024, indianretailer.com
  EVM, a renowned computing and mobility products manufacturing brand has unveiled the EnMag15 Power Bank featuring a 10,000mAh capacity and Magsafe/ Qi compatibility for Apple device owners…
• CYK Hospitalities Elevates QSR Expansion with Strategic Leasing Solutions
  16 May 2024, indianretailer.com
  In the fast-paced landscape of Quick Service Restaurants (QSRs), CYK Hospitalities emerges as a pivotal player, driving strategic growth and expansion for brands across India…
• Oberoi Realty’s net profit up 64.07% in Q4 FY24
  15 May 2024, realty.economictimes.indiatimes.com
  Oberoi Realty’s net consolidated total income stood at Rs 1,558.56 crore in Q4 FY24, a growth of 56.62 per cent from Rs 995.11 crore it recorded in the similar quarter last year…
• PVR Inox inks pact with Devyani International for development and operation of food courts in India
  15 May 2024, retail.economictimes.indiatimes.com
  PVR Inox and QSR operator Devyani International have agreed to form a new company to develop and manage food courts in India’s shopping malls. The company will invest 51:49 in its share capital, and existing food court businesses will not be part of the company until contract expiry or renewal…
• IKEA partners Rhenus to set up warehouse at Gurugram for online order deliveries in Delhi-NCR
  15 May 2024, retail.economictimes.indiatimes.com
  Under this collaboration, Rhenus will establish a warehouse facility capable of storing and fulfilling over 7,000 products. The warehouse is expected to go live early next year, the company said. This initiative will help in seamless doorstep delivery to the customers in the Delhi-NCR region, marking a significant milestone in IKEA’s expansion in India, the company said, adding the move would enable it to fulfill the majority of the orders within 24 hours…
• Colgate-Palmolive India Q4 PAT jumps 20% to Rs 379.8 crore
  15 May 2024, retail.economictimes.indiatimes.com
  Colgate-Palmolive (India) Ltd on Tuesday reported a 20.1 per cent increase in profit after tax (PAT) to Rs 379.8 crore in the March quarter. The company had posted a PAT of Rs 316.2 crore in the same quarter a year ago, Colgate-Palmolive (India) said in a regulatory filing…
• Radico Khaitan reports 26.43% rise in net profit in Q4 FY24
  15 May 2024, retail.economictimes.indiatimes.com
  Radico Khaitan reported a 26.43 per cent rise in net profit to Rs 53.91 crore in Q4 FY2024, with a consolidated revenue from operations of Rs 3,894.64 crore. The total volume of Indian-made foreign liquor decreased by 1.2%, while the volume of prestige brands increased by 14.2 per cent…
• Safari Industries (India) PAT rises 13.4% to Rs 43.19 crore in Q4 FY24
  15 May 2024, retail.economictimes.indiatimes.com
  Safari Industries’ total income for the fourth quarter of FY24 grew to Rs 370.48 crore as against Rs 305.38 crore in the same period a year ago. The company’s total expenses rose to Rs 314.56 crore in Q4 FY24 from Rs 255.80 crore in Q4 FY23, it said in the regulatory filing..
• Patanjali Foods Q4 net profit falls 22% YoY to Rs 206 crore; revenue rises 4%
  15 May 2024, retail.economictimes.indiatimes.com
  IndiaPatanjali Foods Q4 Results: The company reported a PAT of Rs 264 crore in the year-ago period. From Rs 7,873 crore posted in the same period last year, its revenue from operations rose 4% YoY to Rs 8,222 crore in the quarter under review. The Food and FMCG segment achieved an ever highest quarterly revenue of Rs 2,705 crore in the fourth quarter…
• Devyani International Q4 results: Company reports a loss of Rs 49 crore; revenue rises by 38% YoY
  15 May 2024, retail.economictimes.indiatimes.com
  Devyani International, India’s largest Pizza Hut and KFC franchise, saw a net loss of Rs 49 crore for Q4 FY24, contrasting with a Rs 60 crore profit a year prior. Therevenue rose 38% while expenses surged by 32%…
• Reliance eyes bigger piece of FMCG pie
  15 May 2024, financialexpress.com
  Accelerating its push into the domestic FMCG market a year-and-a-half after launching operations, Reliance Consumer Products, a Reliance Retail subsidiary, is aiming to increase its merchant base from over 1 million currently to 10 million in the next five years…
• Restaurants in Mumbai to give 20% ‘Democracy Discount’ to voters on May 20 & 21
  15 May 2024, retail.economictimes.indiatimes.com
  Mumbai introduced a 20% discount for local voters on May 20-21 through the Democracy Discount initiative by NRAI Mumbai Chapter, encouraging voting participation…
• Colorbar looks to go public in three years
  15 May 2024, retail.economictimes.indiatimes.com
  Speaking to ET, managing director Samir K Modi said Colorbar will touch Rs 1,000-crore revenue next fiscal and expand in international markets. The company currently owns and operates Colorbar, 24Seven, and Modicare brands…
• ILEM JAPAN Expands with New Store in Chennai
  15 May 2024, indianretailer.com
  Embarking on a journey of cultural enrichment and holistic wellness, ILEM JAPAN has announced the opening of its new store in Chennai. Situated in the bustling Palladium Mall, this new location marks a significant step in the brand’s commitment to bringing Japanese wellness traditions to the Indian retail market…
• DLF Mall of India Unveils Delhi-NCR’s First Game Palacio
  15 May 2024, indianretailer.com
  DLF Mall of India in Noida has announced the opening of Delhi-NCR’s first Game Palacio, providing a comprehensive retail and entertainment experience for visitors of all ages, from children as young as three to seniors aged 60 and above…
• DLF Mall of India Unveils Delhi-NCR’s First Game Palacio
  15 May 2024, indianretailer.com
  DLF Mall of India in Noida has announced the opening of Delhi-NCR’s first Game Palacio, providing a comprehensive retail and entertainment experience for visitors of all ages, from children as young as three to seniors aged 60 and above…
• Manushi Chhillar Joins Clovia as Brand Ambassador
  15 May 2024, indianretailer.com
  Clovia has announced the appointment of former Miss World and emerging Bollywood star Manushi Chhillar as its latest brand ambassador. This collaboration signifies a significant milestone for Clovia as it continues to foster relatable conversations and celebrate the essence of womanhood, resonating with audiences across the country…
• Formal Wear for Women in India: A Complete Guide
  15 May 2024, indianretailer.com
  In India, the evolution of women’s formal wear reflects the nation’s rich cultural heritage and the influence of global fashion trends. As the country strides towards modernity, women have a plethora of options that blend tradition with contemporary styles…
• Top 10 Whisky Brands in India Under ₹2000
  15 May 2024, indianretailer.com
  India’s love affair with whisky runs deep, with a vibrant market teeming with diverse whisky brands in India. Navigating this landscape in search of a quality whisky under 2000 can be an exciting challenge for even seasoned enthusiasts…
• Google Trends Products: Boost Your Online Profits Now in 2024
  15 May 2024, indianretailer.com
  In the fast-paced world of e-commerce, staying ahead of trends is key to boosting your online profits. Google Trends is a powerful tool that can help you understand what people are searching for, so you can make smarter business decisions…
• 10 Best Vodka Brands in India Under ₹1500 in 2024
  15 May 2024, indianretailer.com
  Vodka’s popularity in India has soared over the years, thanks to its versatility and smooth taste. Whether you enjoy it neat, on the rocks, or as a base for your favorite cocktails, there’s a vodka out there that suits your palate and budget…
• Pee Safe Unveils AI-Driven Chatbot PeePal to Elevate Retail Presence
  15 May 2024, indianretailer.com
  Pee Safe, a notable personal hygiene and wellness brand, has introduced PeePal, an AI-driven chatbot aimed at transforming personal hygiene shopping and educating consumers on best hygiene and self-care practices…
• DLF’s net profit increases by 61.49% in Q4 FY24
  14 May 2024, realty.economictimes.indiatimes.com
  DLF’s net consolidated total income stood at Rs 2,316.70 crore in Q4 FY24, a growth of 47.03 per cent from Rs 1,575.70 crore it recorded in the similar quarter last year…
• Panaji: Smart City work along Caculo Mall stretch may miss May 31 deadline
  14 May 2024, realty.economictimes.indiatimes.com
  IPSCDL said that the cumulative target for completing all road works and making the road functional is May 31, however, this particular stretch may take a “little longer”…
• County Group Delivers Over 40 Lac Sq. Ft Across 3 Projects In 12 Months
  14 May 2024, rprealtyplus.com
  County Group, a trusted and leading developer in Noida, has set a new industry benchmark by delivering 41.50 lakh sq. ft across its three housing projects in just one year…
• Namaskara Meals Opens Gurgaon Outlets
  14 May 2024, indianretailer.com
  Namaskara, the latest addition to India’s bustling street food scene, has launched its operations in Gurgaon with six locations, aiming to redefine the everyday dining experience…
• Ospree Unveils Retail Destinations at Mumbai Airport Terminal 2
  14 May 2024, indianretailer.com
  Ospree has announced the inauguration of two new retail outlets at Mumbai International Airport Terminal 2: The Bharat Story, a luxury Indian destination store, and Bon Voyage, the airport’s inaugural duty-free convenience store…
• How Clay Craft is Redefining Tableware Trends and Winning Hearts across India
  14 May 2024, indianretailer.com
  In the kaleidoscopic realm of India’s retail arena, where every brand vies for attention, Clay Craft emerges as a luminary, injecting a dose of funk and flair into the world of ceramic tableware…
• Top 10 Shopping Apps on Google Play Store
  14 May 2024, indianretailer.com
  In today’s digital age, online shopping has become an integral part of daily life for millions of people in India. With the convenience of shopping from the comfort of one’s home and a plethora of choices available at their fingertips, consumers are increasingly turning to online shopping apps to fulfill their needs…
• TATA Electronics Appoints N ChandraseKaran as Chairman
  14 May 2024, indianretailer.com
  N ChandraseKaran, TATA Sons Chairman, is set to assume the role of Chairman at TATA Electronics. This significant move underscores the TATA Group’s commitment to its $14 billion investment in the semiconductor business…
• Upcoming Biggest Malls in India 2024
  14 May 2024, indianretailer.com
  India’s retail sector is undergoing a significant transformation, with several upcoming malls in India set to redefine the urban landscape…
• Top 5 Beer Brands in India – A Comprehensive Guide
  14 May 2024, indianretailer.com
  The beer market in India has witnessed significant growth and evolution in recent years, driven by changing consumer preferences, increased disposable income, and a burgeoning young population…
• LimelightOnePlus Boosts Collaboration With JioMart Digital
  14 May 2024, indianretailer.com
  OnePlus, a global technology brand has collaborated with JioMart Digital, a prominent retailer in India. The partnership will extend the range of OnePlus products to retail outlets across India. With this joint venture, OnePlus products will now reach consumers in over 2000 cities and towns across India, making them more accessible than ever…
• Dot and Key Skincare Enlists Shanaya Kapoor as Its Brand Ambassador
  14 May 2024, indianretailer.com
  Dot & Key Skincare, a Kolkata-based beauty startup has announced its partnership with Shanaya Kapoor. This collaboration signifies a notable achievement for both the brand and Shanaya’s rising career…
• Trina Saha Unveils Secret Temptations’ New Body Mists Range
  14 May 2024, indianretailer.com
  Secret Temptation has unveiled its newest collection of Body Mists, presenting four captivating fragrances tailored for contemporary women. The extravagant debut of this fresh lineup took place in Kolkata on May 6th, 2024, amidst a star-studded event under the #SecretToEverydayFreshness campaign…
• Why Acer’s Focus is on Tier II & III Cities for Expansion
  14 May 2024, irecwire.com
  In a bold move underscoring its commitment to meeting the evolving demands of consumers in India, Acer, a leading technology brand, has recently opened its 200th exclusive store in Noida’s DLF Mall of India…
• LimelightZomato Shares Dip Despite Positive Q4 Results
  14 May 2024, indianretailer.com
  Zomato’s share price fell by 6 percent during early trading on Tuesday following the release of its Q4 financial results. The shares dropped to Rs 182.10 on the BSE, a decline of 5.98 percent…
• SGF Expands Footprint with Two New Franchise Outlets in Delhi
  14 May 2024, indianretailer.com
  Spice Grill Flame (SGF), a key player in India’s vegetarian food sector, continues its growth trajectory with the recent launch of two franchise outlets in Subhash Nagar and Uttam Nagar…
• LimelightNutrigo Unveils Delicious and Nutritious Choices
  14 May 2024, indianretailer.com
  Health and Beyond Nutrigo, a health-focused cloud kitchen, is reshaping perceptions around healthy cuisine by offering delicious, familiar dishes infused with delightful flavors…
• 4 Trends to Follow if you are Running a Tea/Coffee Biz
  14 May 2024, indianretailer.com
  The tea and coffee markets are incredibly dynamic, and although there are some unique nuances for each sector, they do share some important trends, which in turn presents opportunities to learn from each other…
• Hoegaarden & Rahul Mishra Join Hands for ‘Summer in a Glass’ Edition
  14 May 2024, indianretailer.com
  Designer Rahul Mishra and iconic Belgian beer and gin brand Hoegaarden have initiated a partnership to unveil ‘Summer in a Glass’, a limited-edition sipping collection…
• The Good Glamm Group X Blinkit Bringing Karan Johar’s POUT Lipstick Range in 10 Mins!
  14 May 2024, indianretailer.com
  The Good Glamm Group, a leading beauty and personal care conglomerate in South Asia, and the innovative force behind MyGlamm POUT by Karan Johar, has announced its partnership with Blinkit, the top hyperlocal delivery platform…
• Nexus Select Trust Targeting Acquisition Of 3 Grade-A Malls In Hyderabad
  13 May 2024, rprealtyplus.com
  Nexus Select Trust (NSE: NXST / BSE: 543913), India’s first listed Retail REIT, reported results for the fourth quarter and full year ended March 31, 2024. Nexus Select Trust is targeting the acquisition of 3 Grade-A malls in Hyderabad at an attractive basis of 10% stabilized cap rate…
• Prestige Estates’ CEO Venkata Narayana K resigns
  13 May 2024, realty.economictimes.indiatimes.com
  The company informed the bourses that Venkata has tendered his resignation as CEO of the company and also from the committees of the board, with effect from close of business hours on May 10, 2024…
• Anarock reports increase in net revenue by 36% in FY24
  13 May 2024, realty.economictimes.indiatimes.com
  Homegrown Anarock was established by Anuj Puri in April 2017 after serving as country head for 10 years in an international property consultancy firm…
• Fashion companies’ dull show worries Nexus Select Trust
  13 May 2024, realty.economictimes.indiatimes.com
  The concerns are weighing on Nexus as India’s first publicly listed retail Real Estate Investment Trust (REIT) is looking to invest Rs 1,000 crore in acquiring three malls in Hyderabad to grow the total portfolio to 20 malls and 11 million sq ft…
• Chipping in: N Chandrasekaran to chair Tata Electronics
  13 May 2024, retail.economictimes.indiatimes.com
  Chandrasekaran will take over from Banmali Agrawala who has held the post for the last few years. Chandrasekaran who is already chairman of many key Tata group companies will take charge after requisite regulatory approvals. Agrawala, a key Tata Sons aide, has taken on an advisory role recently in the group…
• Restaurants, food aggregators see record business on Mothers’ Day
  13 May 2024, retail.economictimes.indiatimes.com
  Kapil Chopra, founder, EazyDiner, said the bookings on its platform for May 12 were more than double of what it was last year-which was also a Sunday. The lunch and dinner bookings on the app were up 62% and 198%, respectively, he said, which pulled up the average occupancy across the restaurants to 92%. “Overall, it’s an absolutely crazy day. It’s 50% higher than New Year’s Eve for us. It’s a great day for Indians eating out in food and beverage,” Chopra told ET. The maximum growth this year is in Bengaluru, followed by Mumbai and Delhi, he said…
• All group businesses going through transformation over next couple of years: Shashwat Goenka, RPSG Group
  13 May 2024, retail.economictimes.indiatimes.com
  Shashwat Goenka envisions significant growth and transformation across diverse sectors within the RPSG Group. The strategic focus includes retail expansion, innovative health food offerings, client-centric BPO services, and a transition to greener energy sources for sustainable growth…
• FMCG companies to see muted demand in June quarter, recovery likely in H2
  13 May 2024, retail.economictimes.indiatimes.com
  Overall volumes, which indicate the number of products consumers bought, expanded 5.2% in the March quarter, unchanged from the three months to December. Sales volumes in rural markets climbed 5.8%, and in cities by 4.7%, from a year earlier, data from Kantar showed. Kantar monitors branded and unorganised products, including unpackaged voluminous commodities. Nielsen, on the other hand, tracks primarily branded retail sales…
• Implementing circular economy principles in furniture retail with Nikita Vaz of IKEA India
  13 May 2024, retail.economictimes.indiatimes.com
  In this special episode, ETRetail’s Anurag Sharma discussed the role of sustainability in the retail industry specifically in furniture retail with Nikita Vaz, country sustainability manager at IKEA India. Gain insider insights into IKEA’s take on sustainability, from material recycling to cutting-edge design practices to effective communication with consumers. Together, the discussion will reflect on the broader impact of sustainable initiatives on our planet. We also understand how both businesses and consumers can play a role in shaping a more sustainable future, starting with furniture choices…
• Opportune time to establish India presence: Swiss watch brand HYT
  13 May 2024, retail.economictimes.indiatimes.com
  As major Swiss luxury watchmakers turn towards India, smaller independent brands like HYT are also establishing a presence to tap into the market’s potential and engage with the collector community…
• D2C fashion brand Powerlook eyes Rs 300 crore GMV this fiscal
  13 May 2024, retail.economictimes.indiatimes.com
  Powerlook’s co-founder Raghav Pawar said, “By prioritizing quality products and personalized shopping experiences, the brand continuously endeavours to exceed customer expectations,” He further said the brand has maintained 35-40 per cent growth quarter-on-quarter last year and has witnessed a 30 per cent quarterly increase in sales and revenue…
• Why touchy-feely consumerism is here to stay and also thrive
  13 May 2024, retail.economictimes.indiatimes.com
  The surge in e-commerce once signaled the demise of brick-and-mortar stores, but a notable shift is occurring as D2C companies expand offline. The trend extends beyond smartphones to FMCG and banking, with consumers favoring physical stores for premium items. Retailers are adapting by enhancing store sizes to provide immersive shopping experiences…
• Avira Diamonds Opens Fourth Store in South India
  13 May 2024, indianretailer.com
  Avira Diamonds, India’s Lab-Grown Diamonds brand, has expanded its footprint across India. The brand has unveiled an exclusive boutique store in Bengaluru, its fourth store in South India after Chennai and upcoming in Pondicherry, and it’s looking to further strengthen its presence by adding 10 more stores across South India over the next 12 months…
• ASUS India Unveils Exclusive Service Centre in Chennai
  13 May 2024, indianretailer.com
  ASUS India, a Taiwanese technology giant, has opened ASUS Exclusive Service Centre in Anna Salai Road, Chennai. The centre remains an important endeavor to bolster the brand’s after-sales support and seamlessly troubleshoot any product-related challenges…
• Limelight Diamonds Debuts New Store in Lucknow
  13 May 2024, indianretailer.com
  Limelight Diamonds, a renowned CVD diamond jewelry brand expanded its retail presence with their new store in Lucknow. This latest addition is located in Lucknow’s Lulu Mall…
• Clean Label Ingredients: Shifting to Safer & Healthier Choices
  13 May 2024, indianretailer.com
  Globally, communities are making conscious choices about collective health and well-being. Their concerns extend beyond individual bodies and minds to making better choices for the environment and future generations…
• How to Become an Influencer on Instagram and Earn in India?
  13 May 2024, indianretailer.com
  Welcome to the world of Instagram influence! In a landscape where social media shapes modern success, Instagram shines as a premier platform for aspiring influencers. Whether your passion lies in fashion, food, fitness, or any niche imaginable, Instagram offers a dynamic stage to showcase your talents and cultivate a devoted following…
• Types, Services, and Emerging Trends
  13 May 2024, indianretailer.com
  In an era where financial transactions are increasingly digital and consumer preferences are rapidly evolving, retail banking stands as a cornerstone of the global economy…
• Online Consumer Spending Surges to $331.6 Bn in Early 2024
  13 May 2024, indianretailer.com
  From January 1st to April 30th, consumers displayed robust spending habits online, amounting to $331.6 billion, marking a 7 percent year-over-year (YoY) increase…
• The Power of Physical Stores in a Digital Age: Building Trust and Enhancing Customer Experience
  13 May 2024, indianretailer.com
  In today’s rapidly evolving retail landscape, the rise of direct-to-consumer (D2C) brands has transformed the way businesses connect with consumers. While online sales remain a cornerstone of D2C’s success, the integration of..
• Blackstone-Backed Nexus Select To Acquire More Malls
  11 May 2024, rprealtyplus.com
  Blackstone-sponsored Nexus Select Trust is planning to acquire more malls in major and strategic locations across the country, as part of its overall plan to ramp up its presence not only geographically but, also in terms of area, at an average rate of 1-1.5 million square feet, annually…
• Nexus Select Trust’s net profit up 36.97% quarter-on-quarter in Q4 FY24
  11 May 2024, realty.economictimes.indiatimes.com
  Nexus Select Trust’s net consolidated total income stood at 5,607.02 million in Q4 FY24, a quarter-on-quarter dip of 4.71 per cent from Rs 5,884.02 million it recorded in Q3 FY24…
• Bengaluru: Mantri Square mall sealed over Rs 50 crore tax dues
  11 May 2024, realty.economictimes.indiatimes.com
  BBMP has sealed the mall multiple times over the past few years – the last time was on March 16, just a few hours before announcement of Lok Sabha elections…
• Danone India appoints Shashi Ranjan as its managing director
  11 May 2024, retail.economictimes.indiatimes.com
  In his new role, Ranjan will spearhead Danone’s strategic initiatives in India, focusing on expanding the company’s presence, strengthening partnerships, and fostering sustainable growth. Leveraging his deep understanding of consumer preferences and market dynamics, he is committed to steering Danone India towards its global vision of delivering health through food to the people of India…
• Akshaya Tritiya buyers see the bright side; Q-comm coin deliveries see a hit
  11 May 2024, retail.economictimes.indiatimes.com
  Industry executives in Kolkata predict a 20% year-on-year increase in Akshaya Tritiya sales value due to higher gold prices. Lightweight jewellery, including gold and silver coins, accounted for the bulk of demand, with gold trading at ₹72,633 per 10 gm on the auspicious day. Quick commerce platforms like Blinkit, Zepto, and Swiggy Instamart also contributed to the surge in demand, delivering gold and silver coins within 10 minutes. ..
• FMCG giants bite price bullet to keep small companies off their turfs
  11 May 2024, retail.economictimes.indiatimes.com
  Market researcherfirm Kantar reports that local businesses operating in a single area increased their market shares by over 13% in the year that ended in April 2023, while national brands expanded by 9% in the same period. Kantar examined 13 categories in the personal care, home care, and food and beverage industries. Regional brands that operate in many markets experienced a 2% decline in market share, whilst unbranded enterprises witnessed a 5% decline in market share…
• Pizza Hut India operator posts biggest profit drop yet on slow demand, piling costs
  11 May 2024, retail.economictimes.indiatimes.com
  India’s quick-service restaurants struggled throughout the fiscal year to lure in customers, who cut back spending due to sticky inflation. The country’s food inflation, which accounts for nearly half of the overall consumer price basket, has remained high so far this year…
• Kalyan Jewellers Q4 consolidated PAT up 97% to Rs 137 cr
  11 May 2024, retail.economictimes.indiatimes.com
  “We completed an excellent financial year and have started the new year on a strong note despite continuing volatility in gold prices. We are witnessing encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter and Akshaya Tritiya,” Kalyan Jewellers India Executive Director Ramesh Kalyanaraman said…
• Relaxo Footwears posts 3 pc decline in Q4 net profit to Rs 61 cr
  11 May 2024, retail.economictimes.indiatimes.com
  For the full financial year 2023-24, Relaxo’s net profit rose to Rs 200.47 crore, from Rs 154.47 crore in the previous fiscal…
• Adani Wilmarbets big on foods in growth push
  11 May 2024, financialexpress.com
  Consumer goods company Adani Wilmar, best known for its Fortune brand of edible oils, is banking on its foods business as the next big growth driver, company CEO & MD, Angshu Mallick, said in a conversation with FE…
• The Glenwalk whisky maker Cartel Bros eyes Rs 240 crore revenue in FY25, plans expansion across 12-15 states
  11 May 2024, retail.economictimes.indiatimes.com
  Launched in June 2023 with brand partner actor Sanjay Dutt, The Glenwalk is hitting month-on-month sales of 15-20 per cent in the blended Scotch category because of affordable price points and matching global quality, the company said. With plans of expansion across the country, the company has increased its production to above two lakh cases which is about 24-30 lakh bottles in this financial year. And it aims to sell 28 lakh bottles by the next financial year…
• About 90% of Indian retail market will remain offline: Accel’s Prashanth Prakash
  11 May 2024, retail.economictimes.indiatimes.com
  D2C brands, primarily online-first, consider expanding to offline stores as Indian retail market grows to $2.2 trillion by 2030. Reports highlight the rise of omnichannel firms like Nykaa, Lenskart, and the shift towards omnichannel purchases…
• Behind ghost shopping malls, a new consumer trend glimmers
  11 May 2024, retail.economictimes.indiatimes.com
  Ghost shopping malls with a vacancy rate of 40% or higher in 2023 are on the rise, with a 59% year-on-year increase in top 8 metros, resulting in 13.3 million sqft of retail space remaining vacant. The loss in value amounts to $800 million. High-grade malls are thriving due to premiumisation and a focus on consumer experience, leading to larger store sizes and better shopping experiences. New factory outlet malls are also set to surge in India…
• Limelight Diamonds Debuts New Store in Lucknow
  11 May 2024, indianretailer.com
  Limelight Diamonds, a renowned CVD diamond jewelry brand expanded its retail presence with their new store in Lucknow. This latest addition is located in Lucknow’s Lulu Mall…
• Voltas Launches Two New Stores in Loni and Greater Noida, Western UP
  11 May 2024, indianretailer.com
  Voltas Limited unveiled two brand new stores in Western UP’s Loni and Greater Noida. With this latest opening, the total number of stores in UP goes up to 47. This opening leads to the company’s online expansion…
• AMRPL Unveils Second Concept Store ‘Meridiem’ at Lucknow Airport
  11 May 2024, indianretailer.com
  AMRPL (April Moon Retail Pvt. Ltd) recently launched Meridiem, a luxurious watch concept store at Terminal 3 at Chaudhary Charan Singh (CCS) International Airport in Lucknow, Departure area. Meridiem is the second concept store at Lucknow Airport after the launch of Bon Voyage…
• Baby Forest Unveils Premiere Store in Delhi’s Select City Walk Mall
  11 May 2024, indianretailer.com
  Baby Forest Ayurveda Pvt Ltd. has unveiled its dazzling flagship store in Delhi’s Select City Walk Mall. Promising a one-of-a-kind sensory journey, the store epitomizes the brand’s fusion of opulence, eco-consciousness, and traditional Indian wellness traditions…
• Kirtilals Expands Retail Presence in Thrissur
  11 May 2024, indianretailer.com
  Glow, the versatile diamond jewelry line by Kirtilals, has announced the inauguration of its latest showroom in Thrissur. The grand opening, held on May 6th, featured the presence of popular actress Anaswara Rajan, marking a significant milestone for the esteemed jewelry brand as it extends its premium diamond collection to discerning customers in Thrissur and beyond…
• Retail Banking: Types, Services, and Emerging Trends
  11 May 2024, indianretailer.com
  In an era where financial transactions are increasingly digital and consumer preferences are rapidly evolving, retail banking stands as a cornerstone of the global economy. This article delves into the world of retail banking, aiming to demystify its workings, explore its various types, and examine the common services it offers…
• The 2024 Mother’s Day Gifting Trends Edit!
  11 May 2024, indianretailer.com
  Mother’s Day 2024: With Mother’s Day right around the corner, brands across various sectors are rolling out their exclusive collections, tailoring their offerings to celebrate the diversity and uniqueness of mothers…
• Brigade Group To Develop A Residential Project With GDV Of Rs. 660 Cr
  10 May 2024, rprealtyplus.com
  Brigade Group has signed a definitive agreement for a prime land parcel located on Old Madras Road, Bengaluru. Spread across 4.6 acres, the total development potential of the residential project will be around 0.69 Mn Sqft with a Gross Development Value of Rs. 660 Cr…
• Gera Developments Launches Gera’s Island Of Joy In East Kharadi, Pune
  10 May 2024, rprealtyplus.com
  Gera Developments Private Limited, renowned pioneers in Real Estate, and recipients of multiple awards for their premium residential and commercial projects across Pune, Goa, and Bengaluru, are excited to introduce their latest project, Gera’s Island of Joy…
• Bhumika group to develop 3 lakh sq ft of retail space with government
  10 May 2024, retail.economictimes.indiatimes.com
  Bhumika Group, Rajasthan’s largest mall developer, expanding retail spaces in NCR. Urban Square Mall in Udaipur fully occupied with top brands. Second phase launch imminent, reflecting strong industry credibility and financial stability…
• Ghost shopping malls space up 58% in 2023 across eight cities: Report
  10 May 2024, retail.economictimes.indiatimes.com
  As many as 64 shopping malls with about 13.3 million square feet of gross leasable area have been categorised as ‘Ghost Shopping Centre’ in 2023…
• Rural FMCG sales outgrew urban for the first time in 5 quarters in Q1: NielsenIQ
  10 May 2024, retail.economictimes.indiatimes.com
  In the January-March ’24 quarter, rural markets surpassed urban consumption for packaged consumer goods for the first time in five quarters, with rural growth at 7.6% while urban demand declined by 5.7%. Overall FMCG sector value grew by 6.6% driven by consumption, with flat price growth at 0.1%. NielsenIQ highlighted the growth in the FMCG industry being driven by consumption trends, with rural areas leading the growth. By volume, the sector grew by 6.5% nationally, with non-food sector sales growing at 11% compared to 4.8% for food. Home and personal care categories outperformed food categories, with larger pack sizes driving growth…
• Tipplers toast local labels as big brands lose way in policy maze
  10 May 2024, retail.economictimes.indiatimes.com
  State liquor policy changes result in scarcity of popular brands like Royal Stag, Budweiser, and Old Monk. Liquor stores push new brands due to supply chain disruptions. Mainstream brands limit supplies leading to a shift towards local brands, impacting the industry supply chains…
• Marico on course to deliver double-digit constant currency growth in international business: Saugata Gupta
  10 May 2024, retail.economictimes.indiatimes.com
  Marico CEO discusses market share dynamics, rural recovery, deflation impact, and strategy focusing on premium segments. The company targets double-digit revenue growth, digital business expansion, and sustainable scale-up of Beardo and Plix portfolios. Gupta says: “We expect the digital business also to get into at least a double-digit EBITDA by FY27 with a 2x times growth and we believe that this business will contribute to, which is now 20%, over the next three years will be 25% of our overall portfolio in India.”…
• Voltas net profit declines 22% YoY at Rs 110.64 crore in Q4 FY24
  10 May 2024, retail.economictimes.indiatimes.com
  Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a 22.75 per cent decline in consolidated net profit to Rs 110.64 crore in the fourth quarter ended March 31, 2024, impacted by higher expenses…
• A big consumer tide is coming to India. Who all will rise?
  10 May 2024, retail.economictimes.indiatimes.com
  India is poised to become the world’s third-largest consumer market by 2026, surpassing Germany and Japan. UBS forecasts a doubling of affluent individuals with annual incomes exceeding $10,000 to 88 million by 2028. Household spending per capita in India is projected to outstrip other Asian economies, with rural and urban consumption expenditures witnessing significant growth over the past decade, according to recent reports…
• Bangalore Watch Company eyes 5,000 pieces annually, plans exclusive outlets and funding boost
  10 May 2024, retail.economictimes.indiatimes.com
  Banking on Indian consumers’ growing discretionary spending coupled with an increased affinity towards homegrown brands, the company aims to reach the mark of 5,000 watches annually in the next 3 years, shared Nirupesh Joshi, the co-founder and creative director, Bangalore Watch Company…
• Instacart partners with Uber Eats to offer restaurant deliveries
  10 May 2024, retail.economictimes.indiatimes.com
  San Francisco-based Instacart said Tuesday that its U.S. shoppers will see a “Restaurants” tab in the company’s app in the coming weeks. Restaurant orders will be delivered by Uber Eats drivers…
• Coty beats Q3 revenue estimates, eyes high-end of annual targets on strong demand
  10 May 2024, retail.economictimes.indiatimes.com
  The CoverGirl parent has been investing heavily in new product launches and collaborations with influencers and e-retail partners to drive demand at a time when higher prices of necessities force customers to rethink luxurious purchases…
• Primark owner to raise game in explaining merits of food businesses, CEO says
  10 May 2024, retail.economictimes.indiatimes.com
  George Weston, CEO since 2005, said going forward he would place a greater emphasis on communicating the importance of the food businesses as investors lacked a good understanding of the portfolio, and he plans to say more this year. He is also looking to make more acquisitions…
• Akshaya Tritiya: Jewellery retailers rejoice marginal dip in gold prices, expect double-digit growth
  10 May 2024, retail.economictimes.indiatimes.com
  Geopolitical risks, central banks improving their reserves, and persistent inflation have resulted in a fluctuation in gold prices over the last month. This has caused mixed feelings about customers’ intentions to spend despite the ongoing wedding and festive season…
• India’s retail to touch $2.2 trillion by 2030: Accel-Fireside report
  10 May 2024, retail.economictimes.indiatimes.com
  India’s retail sector targets $2.2 trillion by 2030, with online retail projected to grow. Omnichannel strategies are crucial for brands to scale and meet evolving consumer needs, emphasizing the integration of online and offline experiences for a seamless customer journey…
• Kirtilals Expands Retail Presence in Thrissur
  10 May 2024, indianretailer.com
  Glow, the versatile diamond jewelry line by Kirtilals, has announced the inauguration of its latest showroom in Thrissur. The grand opening, held on May 6th, featured the presence of popular actress Anaswara Rajan, marking a significant milestone for the esteemed jewelry brand as it extends its premium diamond collection to discerning customers in Thrissur and beyond…
• Royal Canin Expands Packaging Operations in Bhiwandi, Maharashtra
  10 May 2024, indianretailer.com
  Royal Canin has announced the opening of its New Packaging Center in Bhiwandi, Maharashtra. This launch is a significant milestone that solidifies the company’s commitment to the Indian pet care market…
• Masti Zone Expands Entertainment Space with Mohali Debut
  10 May 2024, indianretailer.com
  Amidst the lively streets and bustling atmosphere of Mohali, Masti Zone arrives to usher in a new era of amusement for locals. With its launch in Mohali, Masti Zone Mohali became the third outlet in Punjab, joining the ranks of two existing outlets in Ludhiana, located at Palm Walk Mall and Wave Mall…
• Ospree Opens Vue De Lux Sunglass Store at Mumbai Airport Terminal 2
  10 May 2024, indianretailer.com
  Ospree reveals the opening of Vue De Lux, a high-end sunglass boutique, situated in the Departure Section of Terminal 2 at Mumbai International Airport…
• Typsy Beauty Elevates Beauty Experience with Flagship Store in Delhi
  10 May 2024, indianretailer.com
  Typsy Beauty, an innovative Indian makeup brand has announced the launch of its flagship store at IGI Airport in New Delhi. This launch is a significant milestone for the brand aiming to revolutionize the beauty industry…
• Vita Moderna Opens Stunning Experience Center in Mumbai
  10 May 2024, indianretailer.com
  Vita Moderna, a leading retailer renowned for bringing prestigious luxury Italian furniture brands to Indian customers since 2008, is delighted to showcase the ELIE SAAB Low Tables Collection…
• Top 5 Jewellery Brands in India with the Strongest Retail Presence
  10 May 2024, indianretailer.com
  The Indian Jewellery market is a remarkable display, rich in heritage, skilled craftsmanship, and continuously adapting trends. At its core are the top 5 jewellers in India, who excel in jewellery making and have developed a strong retail presence, making beautiful adornments widely available…
• What is Club Factory Online Shopping App and How Does it Work?
  10 May 2024, indianretailer.com
  Club Factory online shopping app is a Chinese e-commerce platform that has quickly gained popularity among shoppers worldwide. Launched in 2014, the platform has grown exponentially over the years, offering a wide range of products at unbeatable prices….
• Honasa Consumer Limited Releases ‘Driven By Purpose’ Impact Report
  10 May 2024, indianretailer.com
  Honasa Consumer Limited, a key player in India’s beauty and personal care retail sector, has unveiled its inaugural impact report, ‘Driven By Purpose,’ evaluated by Aspire Impact Ratings Pvt. Ltd…
• Marathon Watch and Jeep Join Forces for Military-inspired Timepiece Collection
  10 May 2024, indianretailer.com
  Marathon Watch and the Jeep brand have unveiled an intriguing collaboration with the launch of the new Jeep x Marathon collection, featuring four distinctive timepieces that pay homage to the shared military heritage of both brands dating back to 1941…
• Dabur Herb’l Charcoal and Star Wars Unite for Limited Edition Toothpaste
  10 May 2024, indianretailer.com
  In a galaxy not so far away, Dabur Herb’l Charcoal, the premium toothpaste brand, has joined forces with Disney’s Star Wars franchise, unveiling an exciting collaboration…
• Shruti Haasan Joins Hands with Kalamandir Jewellers as Brand Ambassador
  10 May 2024, indianretailer.com
  Kalamandir Jewellers, a distinguished name in India’s jewellery landscape, has welcomed the talented and stylish actress Shruti Haasan into its fold as the brand ambassador…
• Tata CLiQ Luxury Partners with Ziniosa to Elevate Pre-Owned Luxury Experience
  10 May 2024, indianretailer.com
  Following the successful launch of its pre-owned category earlier this year, Tata CLiQ Luxury, India’s leading luxury lifestyle platform, has expanded its offerings by welcoming Ziniosa on board…
• Sternhagen and Sussanne Khan Unveil Artistic Bathroom Collection
  10 May 2024, indianretailer.com
  Sternhagen, renowned for its opulent bathroom fittings, has introduced its latest collaboration with interior designer Sussanne Khan….
• Coca-Cola India Foundation Partners with Hockey India to Empower Women’s Hockey
  10 May 2024, indianretailer.com
  Anandana, The Coca-Cola India Foundation, has forged its inaugural collaboration with Hockey India for the National Women’s Hockey League 2024…
• Trehan Group New Residential Within Township, ‘Apna Ghar Shalimar’
  07 May 2024, rprealtyplus.com
  Rajasthan-based real estate developer Trehan Group has launched a new residential project, ‘Shalimar Heights’ in the promising industrial town of Alwar, Rajasthan…
• Oberoi Realty to jointly develop 12,790 sq meters land in Mumbai
  07 May 2024, realty.economictimes.indiatimes.com
  The said land is leased to Maharashtra Housing and Area Development Authority (MHADA) and currently, there are seven buildings with a total of 504 flats…
• Blackstone in talks to acquire Adani Realty’s BKC office tower for Rs 2,000 crore
  07 May 2024, realty.economictimes.indiatimes.com
  Blackstone Group is finalizing the acquisition of Adani Realty’s Inspire BKC in Mumbai’s Bandra-Kurla Complex. The deal is set at Rs 1,800-2,000 crore for the 800,000 sq ft tower, with various prominent companies as occupants…
• Embassy REIT to invest Rs 3,800 crore in four years
  07 May 2024, realty.economictimes.indiatimes.com
  To expand its portfolio, Embassy REIT is constructing 6.1 million (61 lakh) square feet of premium office space in Bengaluru to cater to rising demand from global capability centres (GCCs) and also domestic players…
• We would be aiming towards double digit volume growth; post elections it will be slight inflationary, says Britannia’s Varun Berry
  07 May 2024, retail.economictimes.indiatimes.com
  “On the commodity situation, the crop seems to be fine as far as wheat is concerned and the government holding has been reasonably low and there will be government buying. Beyond the election, I think it will be slightly inflationary,” Berry told analysts. “Post election and post monsoon, I would think we would be aiming towards double digit volume growth.”..
• GCPL posts loss after tax of Rs 1,893.21 cr in Q4 FY24
  07 May 2024, retail.economictimes.indiatimes.com
  “During the quarter ended March 31, 2024, the group refreshed its long-term strategy for Africa, including ‘Strength of Nature’, enhancing the focus on ‘profitable’ growth. The strategy refresh resulted in various reorganisation actions during the quarter,” GCPL said…
• Wildcraft invests Rs 80 crore to open greenfield warehouse spreading across 3.5 lakh sq ft
  07 May 2024, retail.economictimes.indiatimes.com
  Over the next 18-36 months, the brand plans to further invest Rs 40 crore in expanding its production capacity next to this warehouse unit…
• Marico consolidated PAT rises 5% YoY to Rs 320 crore in Q4 FY24
  07 May 2024, retail.economictimes.indiatimes.com
  Marico Q4 Results: Marico reported a 5% YoY rise in Q4 net profit to Rs 320 crore. Revenue increased by 1.7% to Rs 2,278 crore. Full-year net profit grew 16% YoY to Rs 1,502 crore. Standalone PAT was at Rs 229 crore…
• Intrinsic opportunity for jewellery business very strong: CK Venkataraman, Titan Company
  07 May 2024, retail.economictimes.indiatimes.com
  ​The businesses like eyecare in the last few months have really picked up and we are very bullish on those as well. Taneira continues to do well, international business is doing well. So, from a growth side, everything is really doing well and we just need to execute to generate the profit growth. We are all committed to that and we will know when the results actually come out, of course…
• Welspun Living appoints Naiyya Saggi as independent director
  07 May 2024, retail.economictimes.indiatimes.com
  Naiyya Saggi will serve her first term as an independent director for four years, ending on April 24, 2028. ​​With a career spanning an experience of 16 years, she is the founder of BabyChakra and currently Group co-founder and president of The Good Glamm Group, a digital-first beauty and personal care conglomerate…
• Marico eyes foods portfolio to be 2x of current scale in FY27
  07 May 2024, retail.economictimes.indiatimes.com
  Marico Limited plans to double its foods portfolio in FY27 and expect its domestic revenue share from food and personal care to increase from 20% to 25%. The company’s foods division recorded a 24% value growth YoY, closing the year at four times its scale in FY20. The company is also aiming for consistent improvements in profitability as its Foods and Digital-First sections grow…
• How quick commerce is rewriting the rules of retail in India
  07 May 2024, retail.economictimes.indiatimes.com
  Quick commerce, or super-fast deliveries, is becoming increasingly popular among millennials and Gen Z, with companies delivering various items to doorsteps in no time. Quick commerce makes up about 5-6 per cent of a household’s grocery spending, with platforms like Blinkit valued at around $13 billion. It is mostly popular in big cities but is also gaining traction in places like Vizag, Nagpur, Kochi, Jaipur, and Lucknow…
• Indian retailer Arvind’s Q4 profit rises on stable textile demand
  07 May 2024, retail.economictimes.indiatimes.com
  The company, which sells international brands like Tommy Hilfiger, Arrow and Calvin Klein, said its consolidated net profit rose to 990.3 million rupees ($11.9 million) from 970 million rupees a year earlier…
• New Balance Opens Its Newest Retail Concept in Mumbai
  07 May 2024, indianretailer.com
  New Balance, one of the leading sports brands introduces its latest retail concept at Linking Road, Mumbai. The launch event was graced by the presence of celebrated Cricketer Pat Cummins…
• Being Human Opens Its Store in Pink City, Jaipur
  07 May 2024, indianretailer.com
  Being Human, an iconic clothing line has recently announced the opening of its 100th store in the vibrant Pink City of Rajasthan, Jaipur. With the store launch marking a significant moment in the brand’s journey, the event was..
• Bhima Jewellers Expands HBR Layout Store
  07 May 2024, indianretailer.com
  Bhima Jewellers, a prominent name in the jewellery industry, has announced the expansion of its store located in HBR Layout, Bangalore. The newly revamped showroom, spanning three floors and covering over 6,500…
• Mia by Tanishq Innaugrated 4 Retail Stores in Tamil Nadu
  07 May 2024, indianretailer.com
  Mia, a jewelry brand of Tanishq has announced the opening of 4 new retail stores in the South Indian region of Tamil Nadu, considering the location as an important growth market…
• Go Fashion (India) Plans to Launch 120-150 New Stores for FY25
  07 May 2024, indianretailer.com
  Go Fashion India Ltd, owning the popular women’s wear brand “Go Colour” indicates its plan to add 120-150 net new stores in FY25, a top official has confirmed. The company launched a total of 94 stores last financial year taking the overall count to 714…
• Malabar Gold and Diamonds Enhances Ludhiana Store Experience
  07 May 2024, indianretailer.com
  Malabar Gold and Diamonds, the esteemed global jewellery retailer, reopened its Ludhiana store on May 4th, 2024. The revamped store, situated at Rani Jhansi Road, Ghumar Mandi, Ludhiana, was inaugurated by…
• Acer Unveils TravelLite Laptop Tailored for Business Needs
  07 May 2024, indianretailer.com
  Acer, a prominent player in the PC industry, has introduced the TravelLite laptop, designed specifically to cater to the requirements of businesses. Engineered in India as part of Acer’s Make in India initiative, these laptops…
• Avenue Supermarts’ Q4 Net Profit Surges to Rs 563 cr, Up by 22.39 pc
  07 May 2024, indianretailer.com
  Avenue Supermarts Ltd, which is known to own and operate D-Mart stores has reached high markings in net profits reporting a 22.39 per cent rise at Rs 563 crore for the fourth quarter ended March 2024…
• DMart’s net profit surges 22.3% to Rs 563 crore in Q4 FY24; sees continued uptick in general merchandise and apparel contribution
  06 May 2024, retail.economictimes.indiatimes.com
  On DMart’s brick-and-mortar business and overall performance, Neville Noronha, CEO and managing director said, “We ended the year with growth across key financial parameters of Revenue, EBITDA and PAT. Two years and older DMart stores grew by 9.9 per cent during FY 2024 as compared to FY 2023.” The company said it has 284 stores that are 2 years or older. In the year 2023-24, it has opened 41 new stores taking the total store count to 365…
• From powders to liquids: Competition heats up in liquid cleaners market in India
  06 May 2024, retail.economictimes.indiatimes.com
  India’s market sees a surge in liquid cleaners’ popularity, driven by ecommerce growth and competition among top companies like HUL, ITC, and Colgate. The trend towards premium, differentiated products reflects changing consumer preferences and aspirations…
• Go Fashion (India) looks to open 120-150 new stores in FY25
  06 May 2024, retail.economictimes.indiatimes.com
  Go Fashion was also exploring ‘omnichannel strategies’ leveraging technology to offer physical and online shopping experiences, expanding reach to consumers in various cities. “During FY24, our company achieved a growth of 15 per cent year-on-year in revenues to Rs 763 crore. EBITDA stood at Rs 242 crore witnessing a growth of 14 per cent year-on-year. Our PAT for FY24 stood at Rs 83 crore which was flat on a year-on-year basis,” Saraogi said…
• Mia by Tanishq on expansion mode; sets up four retail stores in TN
  06 May 2024, retail.economictimes.indiatimes.com
  The company has inaugurated three new stores with one each in Kellys, Adyar, and Velachery in Chennai and another in Tiruppur district, a company statement here said…
• Millennial, Gen Z homes spur Q-commerce growth
  06 May 2024, retail.economictimes.indiatimes.com
  In the past one year, half the new customers that we have added are all pure play quick commerce customers, who often do not make planned purchases and end up buying 4-15 times a month from our platform,” said Seshu Kumar Tirumala, chief buying and merchandising officer at BigBasket. Goldman Sachs said Blinkit’s implied valuation – estimated at $13 billion – is now higher than that of parent Zomato’s core food delivery business, indicating the rapid growth of the segment…
• Symphony reports 28% growth in net profit
  06 May 2024, thehindubusinessline.com
  Symphony Limited, an air cooling solutions company, reported a net profit of ₹148 crore for the year ending March 2024, up 28 per cent from ₹116 crore clocked during the previous fiscal year…
• 50% of our revenue will come from offline stores in the next 5 years: Curefoods’ Ankit Nagori
  06 May 2024, financialexpress.com
  The company has taken Sharief Bhai as the primary brand for offline expansion, with over 40 outlets in Bangalore, Mysore and many cities in Tamil Nadu…
• Fruits pack a punch in India’s mocktail market
  06 May 2024, retail.economictimes.indiatimes.com
  Readymade punches and mocktail companies that use ‘natural’ ingredients such as fruits, roots, herbs, and spices are entering India’s beverage market due to a trend towards healthier options and convenience. Party animals are now preferring fruity concoctions over alcoholic drinks due to the shift from boozy highs and soda burps. A study by Statista predicts a 2.3% volume growth in the global market for non-alcoholic drinks this year…
• Influencer marketing may have a gender mismatch
  06 May 2024, retail.economictimes.indiatimes.com
  Cosmetics and beauty brands are reevaluating influencer marketing strategies due to a gender mismatch in followers, leading to budget wastage. Beauty and fashion attract numerous influencers, especially on Instagram and YouTube…
• Kansai Nerolac reports higher profit for fifth straight quarter
  06 May 2024, retail.economictimes.indiatimes.com
  Revenues at India’s third-largest paintmaker by market capitalisation rose over 2% to 17.69 billion rupees, while a rise in input costs helped total expenses tick 1.7% higher…
• Katrina Kaif’s Kay Beauty Makes its Debut in the UAE Market
  06 May 2024, indianretailer.com
  Katrina Kaif, renowned Indian actress and entrepreneur, has expanded her beauty brand, Kay Beauty, to the United Arab Emirates, marking the brand’s first international foray. The much-anticipated launch took place at Nysaa, the UAE’s newest beauty hotspot, where Kay Beauty’s exclusive range is now available…
• IBAEUTY Launches “Gulabo,” a Serumised Pink Tint for Brown Skin
  06 May 2024, indianretailer.com
  IBAEUTY, a trailblazer in the conscious beauty industry, has unveiled “Gulabo,” a revolutionary product designed to meet the unique needs of brown skin tones…
• Yoho Announces Strategic Expansion to Boost Global Presence and Product Offerings
  06 May 2024, indianretailer.com
  Yoho, a popular footwear brand known for its blend of comfort and affordability, has unveiled a comprehensive growth strategy aimed at expanding its reach and product line…
• Nippon Paint Launches Innovative Nspire Store in Bengaluru
  06 May 2024, indianretailer.com
  Nippon Paint, Asia Pacific’s leading paint manufacturer, has expanded its retail presence with a new Nspire store in Bengaluru, Karnataka. Situated in the bustling Kaval Byrasandra area, this concept store is designed to offer a…
• Simpli Namdhari’s Unveils “WhatAir” Mineral Water, a New Eco-Friendly Beverage Solution in Bangalore
  06 May 2024, indianretailer.com
  In a pioneering move for the retail sector, Simpli Namdhari’s, a leader in India’s 100 percent omni-channel retail space, has launched “WhatAir” mineral water, marking a significant advancement in the beverage industry…
• Powerlook Men’s Fashion Launches New Store In Pune
  06 May 2024, indianretailer.com
  Powerlook, the renowned menswear brand has proudly announced the opening of its new store in Pune, Maharashtra. The newly opened store is located at Phoenix Mall, Viman Nagar, Pune. This is the seventh store opening marking a momentous milestone for the brand…
• Bringing About a Green Revolution in E-commerce
  06 May 2024, indianretailer.com
  In 2024, India’s e-commerce is pivoting towards sustainability due to increasing consumer demand for eco-friendly practices. This shift sees major players adopting greener methods, like carbon-neutral logistics and renewable energy, setting new standards for environmental responsibility in the digital era…
• CapitaLand India Trust acquires 2.5 million sq ft from Phoenix Group in Hyderabad
  04 May 2024, realty.economictimes.indiatimes.com
  CapitaLand India Trust will provide funding of Rs 2.15 billion (S$34.68 million) to refinance the existing loan and receive interest on the funding at a rate which is higher than its borrowing cost…
• CBRE’s revenue rise 7.1% to $7.94 billion in Q1 2024
  04 May 2024, realty.economictimes.indiatimes.com
  “Leasing outperformed expectations, driven by office leasing growth globally,” CBRE CEO Bob Sulentic said. The company’s global leasing revenue rose 4%, led by a 9% growth in Asia-Pacific…
• Titan Q4 net profit rises 7% YoY to Rs 786 crore
  04 May 2024, retail.economictimes.indiatimes.com
  Net sales in January-March 2024 advanced 17% YoY to Rs 10,047 crore, compared to Rs 8,553 crore in the same period last year. The Board has recommended a dividend of Rs 11 per equity share for FY24. The Board has also approved the reappointment of CK Venkataraman as the MD of the company for a further period with effect from October 2024 up to December 2025. EBIT for the fourth quarter rose 8% YoY to Rs 1,139 crore, while EBIT margins declined 95 basis points to 11.1%…
• ‘Apple logs double-digit revenue growth in India’
  04 May 2024, retail.economictimes.indiatimes.com
  Apple CEO Tim Cook spoke about Apple’s growing engagement in India across retail functions and developer ecosystem as he pointed to sustainability efforts initiated by the company in water conservation. Apple is growing sales channels in the country, apart from engaging deeper with the developer ecosystem, says Cook. He had visited India last year to inaugurate two company-owned stores…
• Raymond re-appoints Gautam Hari Singhania as MD
  04 May 2024, retail.economictimes.indiatimes.com
  On Friday, Raymond re-appointed Gautam Hari Singhania as the managing director of the company for a term of five years starting from July 1, 2024, as mentioned in an exchange filing…
• Consumer companies on recovery path; FY25 India business looks bright
  04 May 2024, retail.economictimes.indiatimes.com
  Global and Indian companies like Coca-Cola, Apple, and Reliance Retail anticipate a successful year ahead with strengthened demand post-March, despite global economic challenges. Robust growth forecasts are backed by increased consumer spending and a positive outlook for India’s GDP…
• Raymond Q4 PAT rises 18% to Rs 229 crore
  04 May 2024, retail.economictimes.indiatimes.com
  Consolidated net revenue in the quarter under review was Rs 2,688 crore as against Rs 2,192 crore in the year-ago period, up 23 per cent, it added. For the fiscal ended March 2024, consolidated profit after tax was Rs 1,638 crore compared to Rs 529 crore in the previous fiscal. Its consolidated net revenue in FY24 stood at Rs 9,286 crore over Rs 8,337 crore in FY23, the company said…
• Britannia expands its distribution network to 27.9 lakh outlets in FY24
  04 May 2024, retail.economictimes.indiatimes.com
  ​​In a tepid consumption scenario in 2023-24, Britannia’s consolidated revenue grew 3.5 per cent to Rs 16,546 crore with an operating profit growth of 10.1 per cent as against the consolidated revenue of Rs 15,985 crore in the previous fiscal year. However, it reported a dip of 3.76 per cent in consolidated net profit at Rs 536.61 crore in the fourth quarter (Q4) ended March 2024 as against the net profit of Rs 557.60 crore in the same period a year ago…
• Swiss Military to invest Rs 56.5 crore to set up manufacturing unit in Faridabad
  04 May 2024, retail.economictimes.indiatimes.com
  Spread over 1.21 acres and a built-up area of about 85,000 square feet, the plant will have a production capacity of 10 lakh pieces per year, it said. Anuj Sawhney, managing director of the company said, “Our own manufacturing capabilities will help establish Swiss Military’s commitment to modernisation within the travel gear sector in the Indian market and to shorten go-to-market timelines with new products.”..
• Blue Star has a very balanced growth in both B2B and B2C segments; Jan-July overall market growth to be 30-35%: Vir Advani
  04 May 2024, retail.economictimes.indiatimes.com
  Blue Star’s Vir Advani discusses strong Q4 performance, market growth outlook, revenue milestones, and technological advancements. Anticipates continued demand revival, capacity expansion, and industry growth with a focus on innovation and efficiency improvements…
• Powerlook Men’s Fashion Launches New Store In Pune
  04 May 2024, indianretailer.com
  Powerlook, the renowned menswear brand has proudly announced the opening of its new store in Pune, Maharashtra. The newly opened store is located at Phoenix Mall, Viman Nagar, Pune. This is the seventh store opening marking a momentous milestone for the brand…
• Reliance Jewels Launches Akshay Tritiya ‘Vindhya’ Collection 2024
  04 May 2024, indianretailer.com
  Bollywood icon Disha Patani honored the event where Reliance Jewels unveiled its latest collection ‘Vindhya’ for the Akshaya Tritiya celebrations. This collection is the ninth installment in the ‘Jewels of India’ series, drawing inspiration from the artistic traditions of Madhya Pradesh. The launch took place in Varanasi…
• Zodiac Brings the 2024 Positano Collection
  04 May 2024, indianretailer.com
  Zodiac, a men’s clothing manufacturer has announced the launch of its latest collection “2024 Positano,” showcasing an exquisite range of pure linen shirts…
• VLCC Plans to Launch Over 100 Beauty & Wellness Clinics in the Nation
  04 May 2024, indianretailer.com
  Beauty & wellness brand VLCC is all set to launch over 100 beauty and wellness clinics nationwide to expand its retail presence. The news was confirmed through a press release on Thursday…
• Lay’s Celebrates Cricket Legend MS Dhoni with Special Collector’s Edition
  04 May 2024, indianretailer.com
  Cricket legend MS Dhoni’s legions of fans in Gurugram were treated to a thrilling spectacle today as Lay’s unveiled its highly anticipated limited-edition Dhoni collector’s packs. Hosted exclusively at Le Marche, South Point Mall, the event sparked excitement among fans eager to be among the first to own these commemorative packs before their nationwide release…
• Panda-monium at Wankhede, Mumbai Indians’ Kung Fu Crossover
  04 May 2024, indianretailer.com
  Mumbai Indians announced its collaboration with the global box-office sensation, DreamWorks Animation’s Kung Fu Panda franchise. This partnership will see the worlds of cricket and Kung Fu collide in an exciting fusion of sports and entertainment…
• Bubble Skincare Partners with Disney and Pixar’s Inside Out 2
  04 May 2024, indianretailer.com
  Bubble Skincare announced its first brand collaboration, with Disney and Pixar’s “Inside Out 2,” releasing on June 14. The limited-edition Bubble Skincare product packages will include Day Dream Tone and Texture Serum, Fresh Start Gel Cleanser and Slam Dunk Hydrating Cream Moisturizer, along with two exclusive sets featuring characters from “Inside Out 2” and Bubble’s hydrating products…
• Walmart Introduces Store-Label Food Brand to Attract Younger Shoppers
  04 May 2024, indianretailer.com
  Walmart is introducing the U.S. retailer’s biggest store-label food brand. The idea is to appeal to younger shoppers who are more interested in buying chef-inspired food rather than grocery brands. The Bettergoods brand is all set to enter Walmart stores as well as the company’s online shopping site…
• Hermès brings the exploding colour of the Indian bazaar to luxury retail
  04 May 2024, retail.economictimes.indiatimes.com
  From the 150-year-old neoclassical edifice at Horniman Circle to the glittery Jio World Plaza: Hermès’s two showrooms in the city casts a bridge between the old and the new…
• Dabur’s profit up 16.5% to Rs 341.22 cr in Q4 FY24
  03 May 2024, retail.economictimes.indiatimes.com
  Dabur’s revenue from operations in FY24 was at Rs 12,404.01 crore, up 7.58 per cent, as against Rs 11,529.89 crore a year ago. “Strong execution of our Power Brand strategy, Increased premiumization, and distribution footprint expansion coupled with the benefit of our stringent cost reduction actions helped Dabur to report a steady performance during the fourth quarter and the full year 2023-24,” it said…
• ADIA, KKR book a $1.5b space in Reliance Retail warehouse
  03 May 2024, retail.economictimes.indiatimes.com
  ADIA and KKR invest $1.5 billion in RRVL’s warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include debt, NCDs, and equity. RRVL’s growth supported by investments and strategic partnerships…
• Apple sets revenue records in India amidst overall slump, says CEO Tim Cook
  03 May 2024, retail.economictimes.indiatimes.com
  “We did grow strong by double-digit, and so we were very, very pleased with that. It was a new March quarter revenue record for us. As you know, as I’ve said before, I see it as an incredibly exciting market and it’s a major focus for us.” Cook said, commenting on India market performance during the company’s earnings call Friday…
• Yoga pants inventor Lululemon Athletica plans to enter India
  03 May 2024, retail.economictimes.indiatimes.com
  Lululemon Athletica plans to enter India independently, focusing on locations in Mumbai, Delhi, and Bangalore. The company, known for yoga pants, aims to tap into the country’s growing demand for fitness and athleisure wear…
• Mars Cosmetics eyes doubling its revenue this fiscal
  03 May 2024, retail.economictimes.indiatimes.com
  The brand is also planning to open 20 new kiosks in states like Rajasthan, UP, Gujarat, and West Bengal…
• Adani Wilmar food business should double for next 3-5 years: Angshu Mallick
  03 May 2024, retail.economictimes.indiatimes.com
  Adani Wilmar expects improved margins in FY25 with a focus on oil meal products and distribution efficiency. Angshu Mallick foresees doubling the food business volume to two million tonnes in the next four years…
• EBay forecasts Q2 revenue below estimates as consumer spending remains strained
  03 May 2024, retail.economictimes.indiatimes.com
  The San Jose, California-based company has been under pressure as inflation-hit shoppers are becoming increasingly choosy about their online purchases and competition from larger platforms like Amazon.com…
• Premium apparel gets back in vogue in Q4
  03 May 2024, financialexpress.com
  Premium fashion and lifestyle products are beginning to show an uptick again after months of reeling under a slowdown. March quarter (Q4FY24) results of companies such as Shoppers Stop, Vedant Fashions and Reliance Retail have pointed to a revival in demand, even as the value retail segment, led by companies such as Trent’s Zudio, continue to outperform the sector…
• Agilitas appoints Nirdosh Chouhan as chief technology and product officer
  03 May 2024, retail.economictimes.indiatimes.com
  Nirdosh Chouhan is a member of the founding team at Agilitas Sports. He will lead tech at Agilitas…
• HUL appoints Vipul Mathur as ED for personal care
  03 May 2024, financialexpress.com
  Hindustan Unilever, the country’s largest consumer goods company, announced the appointment of Vipul Mathur as executive director, personal care and member of the management committee, effective June 1…
• SLN Coffee appoints HUL’s Sahib Singh as CEO
  03 May 2024, retail.economictimes.indiatimes.com
  On his appointment, Singh said, “I am very excited to join SLN Coffee Group. Levista has already made significant strides in the market, and I am eager to build on this momentum. I aim to drive SLN Coffee Group towards becoming a successful multinational corporation with world-class operations, capitalize on the brand’s strengths, and explore new avenues for growth.”..
• DFM Foods premiumises snacks portfolio; building biz attractive to strategic buyers in long term: CEO Vipul Prakash
  03 May 2024, retail.economictimes.indiatimes.com
  DFM Foods, a packaged snacks maker, has shifted its focus from Rs 5 packs to larger packs of Rs 10 and Rs 20, in line with evolving consumer trends. This move is driven by urban demand, quick-commerce, and surging packaging costs. DFM has accelerated operational efficiencies and expanded distribution beyond the North to the East, with territories like the West and South expected to follow…
• OECD revises India’s FY25 growth forecast upward to 6.6%
  03 May 2024, retail.economictimes.indiatimes.com
  OECD revised India’s FY25 growth forecast to 6.6%, citing strong investment and business confidence. Public sector investment will be crucial, with inflation expected to decrease, leading to rate cuts. Emphasis on fiscal deficit, agricultural reforms, and global growth…
• Blue Star net profit drops 29% to Rs 159.71 crore in Q4 FY24
  03 May 2024, retail.economictimes.indiatimes.com
  Blue Star’s total income increased to Rs 3,340.16 crore in Q4 FY24 as against Rs 2,830.48 crore in the similar period of the previous fiscal. Its total expenses also grew at Rs 3,126.38 crore in the fourth quarter of 2023-24, compared with Rs 2,485.46 crore in the corresponding period of the last year…
• PNGS Gargi Fashion Jewellery Ltd Sees 76 pc Surge in Annual Sales in FY24
  03 May 2024, indianretailer.com
  In the dynamic retail fashion jewelry sector in India, PNGS Gargi Fashion Jewellery Ltd (Gargi) has delivered an impressive financial performance for the fiscal year spanning April 2023 to March 2024…
• Reliance Retail’s Tira Beauty Launches Nails Our Way
  03 May 2024, indianretailer.com
  Reliance Retail’s Tira Beauty has recently introduced its latest private label brand ‘Nails Our Way.’ The freshly launched beauty line offers a wide range of premium nail colors and care products…
• RoyalSLN Coffee Appoints Sahib Singh as CEO to Drive Expansion Plans
  03 May 2024, indianretailer.com
  In a strategic move aimed at expanding its market presence, SLN Coffee has appointed Sahib Singh as its new CEO. This decision reflects the SLN Group’s determination to enhance its position in the global coffee market…
• The Derma Co Partners with Dr Vanita Rattan to Bring Skin Renew Range
  03 May 2024, indianretailer.com
  In a significant collaboration within the Indian retail skincare sector, The Derma Co. joins forces with Dr. Vanita Rattan (Dr. V), a well-known figure in the UK for her expertise in skincare formulation…
• Walmart Introduces Store-Label Food Brand to Attract Younger Shoppers
  03 May 2024, indianretailer.com
  Walmart is introducing the U.S. retailer’s biggest store-label food brand. The idea is to appeal to younger shoppers who are more interested in buying chef-inspired food rather than grocery brands…
• Mount Kailash Welcomes Pallavi Saha as New CEO
  03 May 2024, indianretailer.com
  Renowned mineral water brand Mount Kailash has recently announced the appointment of Pallavi Saha as its new Chief Executive Officer. Saha joined the organization to help it grow and expand…
• Royal Green Realty New Phase ‘The Select’ In Royal Green County, Bahadurgarh
  02 May 2024, rprealtyplus.com
  Royal Green Realty, a renowned name in the leading real estate industry, has announced the launch of “The Select” the new Phase within Royal Green County in Bahadurgarh, Haryana…
• Adani Wilmar Q4 profit jumps 67% to Rs 156.75 cr
  02 May 2024, retail.economictimes.indiatimes.com
  The company’s total income fell to Rs 13,342.26 crore in the March 2024 quarter from Rs 14,185.68 crore in the year-ago period, according to a regulatory filing…
• Chinese smartphones rely on Reliance counters for better India presence
  02 May 2024, retail.economictimes.indiatimes.com
  Amid a shift towards offline expansion due to a dip in online sales, Chinese smartphone brands are partnering with Reliance Retail to reach rural retail stores. Poco collaborated with Jio Mart Digital for nationwide distribution. Offline sales surged to 61% in Q1 2024, with Samsung and Vivo leading…
• India’s competition regulator checks if Glenlivet-maker Pernod colluded with New Delhi retailers
  02 May 2024, retail.economictimes.indiatimes.com
  India’s competition watchdog is examining allegations that Pernod Ricard of France collaborated with retailers in New Delhi to increase market share. Legal documents suggest the spirits giant faces antitrust issues in India, with accusations of influencing retailers to stock its products in exchange for financial aid…
• GST revenue collection hits record high of Rs 2.10 lakh cr in April
  02 May 2024, retail.economictimes.indiatimes.com
  India’s Goods and Services Tax (GST) collections soared to a new peak of Rs 2.10 lakh crore in April, marking a 12.4% increase from the previous year, according to the Finance Ministry. The surge was fueled by a 13.4% rise in domestic transactions and an 8.3% increase in imports…
• ONDC’s first buyer side logistics app to fix a big gripe
  02 May 2024, retail.economictimes.indiatimes.com
  MP2 Innovations, led by Mahesh Herle, enhances ONDC by providing a seamless logistics solution for ecommerce players, aiming to address operational challenges and improve delivery experience. Integration with major ecommerce platforms is crucial for ONDC’s growth…
• Amazon taps AI, ML to enhance online shopping
  02 May 2024, financialexpress.com
  Imagine getting help for your Amazon shopping from a chatbot that’s trained on the e-tailer’s extensive product catalogue. Well, now you can, thanks to Rufus, a generative AI-powered shopping assistant that’s specifically built for Amazon customers…
• Yum Brands Q1 Results: KFC parent reports drop in global same-store sales on weak demand
  02 May 2024, retail.economictimes.indiatimes.com
  Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets…
• Licious turning omnichannel with five stores in Bengaluru by June
  02 May 2024, retail.economictimes.indiatimes.com
  Licious founders plan 500 stores in 5 years with 6% operating profit margin. Targeting profitability by FY25, focusing on offline strategy. Improved demand forecasting and introduced subscription model for growth…
• Walmart launches store-label food brand as it seeks to appeal to younger shoppers
  02 May 2024, retail.economictimes.indiatimes.com
  The brand, called Bettergoods, is just hitting Walmart stores and the company’s online shopping site. Walmart said Tuesday it expects to have 300 products in the line by the fall, including frozen foods, dairy items, snacks, beverages, pastas, soups, coffee and chocolate. The prices range from under $2 to under $15, with most products costing under $5…
• Birkenstock Unveils First Mumbai Flagship Store
  02 May 2024, retail.economictimes.indiatimes.com
  In the bustling retail landscape of India, Birkenstock has launched its inaugural flagship store in Mumbai, covering 1600 square feet. The store seamlessly blends Birkenstock’s focus on functionality, quality, and tradition with the richness of India’s cultural tapestry…
• Kazo Announces New Store Opening in Noida
  02 May 2024, indianretailer.com
  Kazo Fashion Pvt, Ltd., has declared the grand opening of its new store in Noida. The newly launched store covering an area of 900 sq. ft., is located at DLF Mall of India, Noida. Reflecting the brand’s dedication to circularity, the design of the store integrates movable store fixtures and infrastructure and features the Spring-Summer 2024 collection…
• Havells India Reports 24.76 pc Jump in Q4 Net Profit, Eyes Retail Growth
  02 May 2024, indianretailer.com
  In the retail landscape of India, Havells India, a prominent home appliances maker, announced a consolidated net profit of Rs 446.7 crore for the quarter ending on March 31 for the financial year 2024 (Q4 FY24)…
• Procter and Gamble India Q3 Results: Profit Down 6.45 pc, Revenue Up 13.48 pc
  02 May 2024, indianretailer.com
  In the retail sector in India, Procter and Gamble Hygiene and Health Care Ltd (PGHH) faced a 6.45 percent decline in profit after tax, amounting to Rs 154.37 crore in the third quarter ending March 2024…
• Myntra Welcomes Streetwear Brand Urban Monkey
  02 May 2024, indianretailer.com
  Myntra’s Rising Stars initiative, supporting Indian D2C brands, welcomes Urban Monkey onboard! The brand will be offering over 170 styles on Myntra’s platform and will include categories like apparel and accessories…
• Duggal Debuts 2024 Spring/Summer Line in India
  02 May 2024, indianretailer.com
  Mac Duggal, a Renowned American couture designer has recently made its entry for the first time in India by launching Spring Summer 24’ collection. The designer’s newly launched range features contemporary day-to-evening dressing and easy, free-flowing silhouettes…
• Mount Kailash Welcomes Pallavi Saha as New CEO
  02 May 2024, indianretailer.com
  Renowned mineral water brand Mount Kailash has recently announced the appointment of Pallavi Saha as its new Chief Executive Officer. Saha joined the organization to help it grow and expand. Having over 2 decades of experience, she has collaborated with renowned brands including Apple, Whirlpool, and Chobani…
• Mindspace REIT posts net profit of Rs 127.10 crore in Q4 FY24
  01 May 2024, realty.economictimes.indiatimes.com
  Mindspace REIT’s net operating income (NOI) grew 11.9% year-on-year to Rs 1,896 crore in FY24. The board declared distribution of Rs 4.77 per unit aggregating to Rs 282.90 crore…
• Godrej family seals terms of division; Nyrika Holkar, Pirojsha Godrej emerge key next generation leaders
  01 May 2024, retail.economictimes.indiatimes.com
  As per the arrangement that was uploaded on stock exchanges, Jamshyd Godrej, along with his niece Nyrika Holkar and their families, will now oversee the Godrej Enterprises Group (GEG), encompassing Godrej & Boyce and its affiliates spanning various industries. This development marks a significant change in control within the organisation…
• Not too worried about rural demand dipping or any pressure in urban side: Amul India MD
  01 May 2024, retail.economictimes.indiatimes.com
  Amul’s Jayen Mehta notes 10%+ growth in dairy products, with fresh products up 14-15%. Daily Rs 200 crore milk purchase aids rural economy. 38% turnover from towns 20,000. Market expansion and competition focus highlighted…
• Coca-Cola earns $290 mn from India by divesting its bottling operations in Jan-Mar
  01 May 2024, retail.economictimes.indiatimes.com
  In the March quarter, the Coca-Cola Company earned USD 290 million from India by refranchising its bottling operations in three key markets. Hindustan Coca-Cola Beverages divested its company-owned bottling operations in Rajasthan, Bihar, Northeast, and parts of West Bengal to existing bottlers, resulting in net gains of USD 293 million. Despite a 2 percent decline in unit case volume in the Asia Pacific market zone, the company saw growth in the India market…
• India not one market, state-wise focus crucial: Heineken
  01 May 2024, retail.economictimes.indiatimes.com
  Heineken, the world’s second-largest brewer, is impressed by India’s business environment and progressive policies, especially in the beer sector. Despite challenges like high taxes on beer compared to spirits, India’s promising demographics and increasing affluence make it an attractive market. Heineken’s Indian arm, United Breweries, sees significant growth potential, with plans to capitalize on branding and market execution. India’s net revenue for Heineken has increased 20% organically, driven by volume and positive price mix…
• Manyavar-owner Vedant Fashions’ Q4 net profit rises 6.3% to Rs 115.79 crore
  01 May 2024, retail.economictimes.indiatimes.com
  ​​Manyavar-owner Vedant Fashions’ revenue from operations in Q4 FY24 increased to Rs 363.15 crore as against Rs 355.06 crore in Q4 FY23, as per the BSE filing…
• Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too
  01 May 2024, retail.economictimes.indiatimes.com
  Known for cheap own-brand clothing and accessories, Shein is moving into other categories and has given brands and retailers access to its platform in nine European countries so far, having done so in the United States, Brazil, and Mexico last year…
• Amazon results beat estimates, revenue forecast misses
  01 May 2024, retail.economictimes.indiatimes.com
  Shares of the Seattle-based e-commerce and tech company climbed less than 2% in extended trade after its current-quarter revenue forecast came in below expectations. The stock closed down 3.3% in the regular session. Chief Financial Officer Brian Olsavsky told reporters on a call that capital spending would increase throughout the year, compared with $14 billion in the first quarter. “That will be the low point for the year as far as capex by quarter,” he said…
• Say goodbye to potatoes being as cheap as chips
  01 May 2024, retail.economictimes.indiatimes.com
  Europeans eat among the highest quantity of potatoes per capita of any region in the world — about 90 kilograms on average a year…
• Mineral water brand Mount Kailash appoints Pallavi Saha as CEO
  01 May 2024, retail.economictimes.indiatimes.com
  With over two decades of experience, she has worked with renowned brands such as Apple, Whirlpool, and Chobani. She is also recognized for her leadership in building product lines from scratch across the United States, Europe, and the Asia-Pacific region…
• Australia’s Coles eyes more product volume as cooling inflation lures shoppers
  01 May 2024, retail.economictimes.indiatimes.com
  That brought on a surge in purchases, and supermarket sales, the company’s main earner, rose 5.1% to A$9.1 billion ($6 billion) in the 12 weeks to March 24, the company said in a trading update that did not include profit numbers or guidance. Analysts had forecast sales growth under 5%…
• P&G Hygiene and Health Q3 profit falls 6.5% to Rs 154.4 cr, sales rise 13.5% to Rs 1,002 cr
  01 May 2024, retail.economictimes.indiatimes.com
  Procter & Gamble Hygiene and Health Care Ltd (PGHH) revenue from operations increased 13.48 per cent to Rs 1,002.17 crore during the quarter under review. It was at Rs 883.09 crore a year ago. Its Profit After Tax (PAT) of Rs 154.37 crore “was down 6 per cent vs year ago due to one-time tax impacts in the base as well as current quarters”, said the earnings statement from the company which owns popular brands such as Vicks in healthcare and Whisper in feminine care…
• Havells India beats Q4 profit estimates on strong demand for appliances
  01 May 2024, retail.economictimes.indiatimes.com
  Consumer expenditure on electrical appliances tends to rise as temperatures increase and consumers prepare for warmer weather, leading to an uptick in spending on cooling products such as room air conditioning units, air coolers and fans…
• Luxury malls transforming the landscape of Indian retail-real estate
  01 May 2024, retail.economictimes.indiatimes.com
  Catering to myriad tastes and preferences, luxury malls offer an inimitable shopping experience with their spectacular décor, dynamic ambiance, and a cornucopia of retail options. Additionally, beyond convenience and accessibility, each luxury mall boasts distinct features and attractions that set them apart. As heralds of a new age of prosperity, luxury malls are also catalysts for the transformation of the Indian real estate sector, significantly contributing to the economic growth and development of Delhi NCR…
• Fenesta Boosts Its Presence in Noida
  01 May 2024, indianretailer.com
  Fenesta, a windows and doors brand has recently launched its new store in Noida, confirmed by one of the company’s officials on Tuesday. This new store is open to customers in Noida’s sector 10…
• Stonelam Introduces Experience Centre for First Time in Mumbai
  01 May 2024, indianretailer.com
  Stonelam, which is a Natural surface materials distributor has launched a new experience center in Mumbai. The newly opened center includes a business lounge with custom furniture displaying interior mock-ups…
• Kisna Diamond and Gold Jewelry Opens Showroom in New Delhi
  01 May 2024, indianretailer.com
  Kisna Diamond and Gold jewelry brand continues to expand its reach with its latest showroom launch in New Delhi. This new opening is the brand’s 5th exclusive showroom in Delhi and 22nd across India…
• Solitario’s Lab-Grown Diamonds Debuts in Chennai
  01 May 2024, indianretailer.com
  Lab-grown diamond brand Solitario has marked the entrance of its very 1st store in Chennai. The newly inaugurated diamond jewelry store spans over 600 sq. ft. area and is located at Phoenix Market City Mall’s luxury arena named Palladium, which is a host to 70 retailers…
• Havells India Reports 24.76 pc Jump in Q4 Net Profit, Eyes Retail Growth
  01 May 2024, indianretailer.com
  In the retail landscape of India, Havells India, a prominent home appliances maker, announced a consolidated net profit of Rs 446.7 crore for the quarter ending on March 31 for the financial year 2024 (Q4 FY24)…
• Procter and Gamble India Q3 Results: Profit Down 6.45 pc, Revenue Up 13.48 pc
  01 May 2024, indianretailer.com
  In the retail sector in India, Procter and Gamble Hygiene and Health Care Ltd (PGHH) faced a 6.45 percent decline in profit after tax, amounting to Rs 154.37 crore in the third quarter ending March 2024…
• Prestige Group Enters South Mumbai’s Uber Luxury Residential Segment
  30 April 2024, rprealtyplus.com
  Prestige Group, country’s leading real estate developer with a portfolio of more than 305 delivered properties across 10 cities, has made a strong entry into the South Mumbai’s uber luxury segment with the extremely successful pre-launch of their iconic development, Prestige Ocean Towers…
• Prestige Group Enters South Mumbai’s Uber Luxury Residential Segment
  30 April 2024, rprealtyplus.com
  Prestige Group, country’s leading real estate developer with a portfolio of more than 305 delivered properties across 10 cities, has made a strong entry into the South Mumbai’s uber luxury segment with the extremely successful pre-launch of their iconic development, Prestige Ocean Towers…
• Malls open their doors to D2C brands; experiment with short-term contracts, temp stores
  30 April 2024, retail.economictimes.indiatimes.com
  Mall developers shared that they are working on short-term leasing agreements, pop-up stores, and experimental store models allowing D2C brands the opportunity to test waters before long-term leasing commitments…
• Trent’s Q4 net profit surges to Rs 712.09 crore
  30 April 2024, retail.economictimes.indiatimes.com
  ​​Trent’s total income has also seen a jump of 48.7 per cent to Rs 3,374.57 crore in Q4 FY24 as against Rs 2,268.06 crore in the corresponding quarter of the previous fiscal. Trent’s total expenses has also increased to Rs 3,073.54 crore in Q4 FY24 as compared to the total expenses of Rs 2,207.89 crore in Q4 FY23, as per the BSE filing…
• Shoppers Stop posts jump in Q4 profit on higher demand
  30 April 2024, retail.economictimes.indiatimes.com
  The early start of end-of-season sales and events like Valentine’s Day drove heightened sales volumes, while high-income urban consumers favoured luxury makeup and fragrances for social and professional engagements, further boosting top-line growth…
• Shoppers Stop elevates Kavindra Mishra as MD and CEO; makes more directorship changes
  30 April 2024, retail.economictimes.indiatimes.com
  Before that, he was the chief commercial officer and CEO – Homestop with the company. Prior to joining Shoppers Stop, he worked as the managing director and CEO of House of Anita Dongre, which has brands of AND, Anita Dongre, and Global Desi. The board of directors of Shoppers Stop has also approved the appointment and changes in the designation of directors, at its meeting held on April 29, 2024 and with effect from the date to hold the office up to ensuing General Meeting of the company…
• Nestle India to focus on driving volume growth going forward: CMD Suresh Narayanan
  30 April 2024, retail.economictimes.indiatimes.com
  Nestle India is also looking to increase its total touchpoints to 60 lakh across the country in the next 4-5 years, up from 51 lakh at present, Narayanan said while speaking to reporters here. “The future of consumer goods companies will rest on their capability to penetrate more households, with more products for more occasions and usage,” he said, while stressing on the need to shore up volume…
• American luxury designer brand Mac Duggal forays into India; eyes Rs 500 crore revenue in next 5 years
  30 April 2024, retail.economictimes.indiatimes.com
  The brand has partnered with multi-brand retailers like Ogaan, Aza Fashions, and The White Crow to launch the brand in India and the products of the brand will also be available to its consumers through its website…
• Sales glut, sweat and tears: For ecommerce, heat wrings out the worst of worries
  30 April 2024, retail.economictimes.indiatimes.com
  Temperatures are a health hazard, erode delivery teams; companies are struggling to meet summer demand. Experts say extreme weather conditions will continue to drive unpredictability and increase absenteeism among gig workers…
• Winning luxury customers by mapping customer experience journey
  30 April 2024, retail.economictimes.indiatimes.com
  Luxury brands must strive to truly understand their customers’ motivations, aspirations and unmet needs. What experiences delight their customers? How can they cultivate wow moment for their customers at each touch point? What are challenges faced by them? Knowing your customer’s experience at each stage of their purchase journey will help them device appropriate improvement strategies ahead of time…
• Consumers in India are likely to temper demand for gold, here’s why
  30 April 2024, retail.economictimes.indiatimes.com
  World Gold Council (WGC) predicts subdued consumer demand for gold due to high prices, fewer weddings, and election-related restrictions. However, stability in prices before Akshaya Tritiya could boost demand. Gold’s remarkable performance may encourage investment, despite challenges in the market. Domestic prices rise swiftly, impacting consumption but investment demand rises…
• Domino’s jumps 7% as company surpasses sales expectations
  30 April 2024, retail.economictimes.indiatimes.com
  Domino’s Pizza topped expectations for first-quarter sales and profit on Monday, as consumers in the United States tapped into offers through the pizza chain’s loyalty program…
• Summer product sales surge 40-50% in April as appliance makers worry about shortages
  30 April 2024, retail.economictimes.indiatimes.com
  April has been a scorching month for summer products like air-conditioners, refrigerators, air-coolers, soft drinks, and ice creams, with sales soaring 40-50%. This surge has led to concerns among appliance manufacturers about meeting demand, especially in the south and east where sales have spiked 150-200% due to ongoing heatwaves. The north, the largest market for cooling appliances, is yet to experience the full impact of the heatwave. Manufacturers warn of possible shortages in May as component planning did not anticipate such high demand, and it’s challenging to expand production on short notice…
• Gillette India posts slip in Q3 profit on rigid competition
  30 April 2024, retail.economictimes.indiatimes.com
  Consumer goods makers are increasingly facing strong competition from smaller manufacturers who are better equipped to occupy shelf space due to declining commodity prices. Revenue from Gillette’s core grooming segment, which accounts for 82% of the total, rose nearly 14% to 5.58 billion rupees, while the cost of raw materials consumed fell 6.3%…
• Samsung says AI to drive technology demand in second half
  30 April 2024, retail.economictimes.indiatimes.com
  The world’s biggest maker of memory chips and TVs said operating profit rose to 6.6 trillion won ($4.8 billion) in January-March, up from 640 billion won a year earlier. That was in line with Samsung’s own estimate of 6.6 trillion won flagged earlier this month, its highest operating profit since the third quarter of 2022…
• Skechers Innaugrates 21st Store in Gujarat
  30 April 2024, indianretailer.com
  Skechers has recently announced the opening of its 21st store in Gujarat. The newly launched store is located at Shyamal Crossing, Ahmedabad…
• Shopper Stop’s Q4 Results: Growth Stays Robust Despite Market Softness
  30 April 2024, indianretailer.com
  Shoppers Stop Ltd, a leading retail department store in India, recently disclosed its financial results for the quarter ended March 31, 2024…
• Malaysian Coffee Chain Union Artisan Coffee Enters India; Opens 1st Outlet at Worldmark, Aerocity
  30 April 2024, indianretailer.com
  Union Artisan Coffee, the internationally acclaimed artisanal coffee chain hailing from Malaysia, proudly unveils its inaugural café in India, situated in the prestigious locale of Worldmark, Aerocity, New Delhi…
• Little Italy Completes 35 Years of Biz; Launches an All New Menu
  30 April 2024, indianretailer.com
  Little Italy Group, one of the pioneer in serving Italian cuisine in India, has entered its 35th year in the business. To celebrate its journey, it has launched sumptuous and innovative menu, a testament to the group’s enduring legacy and its commitment to culinary excellence…
• Carl’s Jr Makes EI Diablo a Permanent Menu Addition
  30 April 2024, indianretailer.com
  QSR chain Carl’s Jr is bringing the cult-favorite menu item EI Diablo, featuring two charbroiled all-beef patties, two strips of bacon, crispy Jalapeño POPPERS® Bites, melty pepperjack cheese and fiery habanero ranch sauce on a seeded bun, will rejoin an updated menu as a permanent addition…
• MMR Real Estate Witnesses 38% Surge In Property Registration
  29 April 2024, rprealtyplus.com
  Mumbai Metropolitan Region (MMR) reaffirms its position as India’s premier residential market, exhibiting strong growth at the onset of the financial year…
• Delhi – NCR Witnessed 29 Land Deals In FY-24
  29 April 2024, rprealtyplus.com
  Delhi-NCR continues to be a hotspot for real estate transactions across various sectors and as in the previous financial year, land deals have been a significant part of real estate development…
• Brookfield plans $10 billion investment in Indian real estate in 3-5 years
  29 April 2024, realty.economictimes.indiatimes.com
  Brookfield–one of the largest office owners and operators in India—currently has a portfolio spanning more than 51 million sq ft across seven key Indian cities…
• Hindustan Unilever set to focus on bigger brands to chase volumes
  29 April 2024, retail.economictimes.indiatimes.com
  According to the company, the latest quarterly performance of no pricing growth is the carry-forward of price cuts in segments such as laundry and soaps that are highly price-sensitive. In past four quarters, companies have been slashing prices amid visible consumer preference for cheaper products, but strategy hasn’t helped boost volumes…
• FMCG companies: Buyers aware, sellers beware
  29 April 2024, retail.economictimes.indiatimes.com
  FMCG companies face quality issues and regulatory actions, risking consumer trust. Nestle India, Patnajali, Bournvita controversy, and Hindustan Unilever rebrand amidst inflation challenges and omni-channel adoption. While stock meltdown and regulatory action are short-term risks, losing consumer trust is a long-term and bigger risk for an FMCG company…
• Men’s ethnic wedding wear demand surges
  29 April 2024, retail.economictimes.indiatimes.com
  “Sherwanis have emerged as a standout category, accounting for over a quarter of all sales. Over the past year, Tasva has seen its business double. Notably, the ‘angrakha’ silhouette has garnered substantial popularity among our customers, contributing significantly to this growth trend,” Ashish Mukul, brand head at Tasva, told TOI. This is majorly because of the rapid retail expansion throughout the country and the introduction of differentiated designs tailored to meet the consumers preferences…
• Cola, beverage & dairy firms eye 25% growth this summer
  29 April 2024, hosternic.com
  Capitalising on the soaring temperature, FMCG firms selling juices, fizz drinks, ice creams and milk-based beverages, including Parle Agro, ITC Foods, Mother Dairy, Coca-Cola, and Rasna have ramped up the production and stocks of low-unit packs (between Rs 5- Rs 10) to drive consumption and volume growth…
• Spirits market in India is surging at a record pace: Main factors and trends
  29 April 2024, retail.economictimes.indiatimes.com
  After the low during the pandemic when the spirits market shrank to 311 million cases in FY21, it recovered swiftly to add about 100 million cases in annual sales in just three years, reaching 412 million cases in FY24, industry executives said, citing latest excise department data…
• Startups in India grew over 300 times in ten years: Union Minister Jitendra Singh
  29 April 2024, retail.economictimes.indiatimes.com
  India’s startup ecosystem flourished under PM Modi’s leadership, with significant advancements in space research and economic growth. The country showcased scientific and technological prowess, focusing on empowering the ‘Amrit-Peedhi’ for sustainable progress…
• Smartphone companies dial up after-sales service network
  29 April 2024, retail.economictimes.indiatimes.com
  “Established industry players are increasingly embracing apprenticeship initiatives aimed at cultivating a skilled workforce. These programmes offer courses such as service engineer IT hardware, repair technician, wireman control panel electronics, and electronics mechanic, targeting students who have completed 8th or 10th grade for entry into the field,” he added…
• Urban Square Mall Introduces Jus’ Jumpin’ Trampoline Park in Udaipur
  29 April 2024, indianretailer.com
  Urban Square Mall, Udaipur’s largest shopping and entertainment destination, has unveiled its latest addition – Jus’ Jumpin’, India’s Ultimate Playland. Making its debut in Rajasthan, Jus’ Jumpin’ brings its trampoline park experience to Udaipur with the opening of its 11th store…
• Jaquar Disrupts Indian Shower Scene with New Tech
  29 April 2024, indianretailer.com
  Touch, the most intimate and intuitive of all human senses, has expanded its influence on the shower experience with Jaquar’s latest innovation – Qloud. This cutting-edge shower system aims to transform the way individuals interact with their showers daily…
• Samsung Introduces Range of AI TVs in India
  29 April 2024, indianretailer.com
  Samsung, India’s largest consumer electronics company, has introduced a new range of AI TVs at the ‘Unbox and Discover’ event in Bengaluru’s Samsung Opera House. The 2024 lineup includes Neo QLED 8K, Neo QLED 4K, and OLED TVs, designed to enhance home entertainment experiences through powerful AI-driven solutions…
• PG Technoplast Expands Presence with Manufacturing Facility in Bhiwadi
  29 April 2024, indianretailer.com
  PG Technoplast Private Limited, a subsidiary of PG Electroplast Limited (PGEL), has reached a significant milestone with the inauguration of its new air conditioning manufacturing plant in Bhiwadi, Rajasthan, India…
• The Body Shop Brings Cultural Store Concepts Across India
  29 April 2024, indianretailer.com
  Deeply committed to promoting sustainability and fostering equitable partnerships within the community, The Body Shop, a British-born international ethical beauty brand, celebrates the rich cultural tapestry of India through innovative store design concepts…
• Ushodaya Enterprises Invests in FlexiCloud for Retail Cloud Solutions
  29 April 2024, indianretailer.com
  Ushodaya Enterprises Private Limited, a food production company based in Hyderabad and a notable part of the Ramoji Group, has announced a strategic investment in FlexiCloud Internet Private Limited, a prominent provider of managed cloud hosting solutions based in Kochi, marking its expansion into Kerala, India…
• Kate Spade Teams Up With Disney for Snow White Collection Debut
  29 April 2024, indianretailer.com
  Kate Spade New York, an American fashion house, has recently announced the launch of its new Disney-inspired collection “Snow White.” The new launch adds a touch of whimsy and magic to everyday accessories…
• Laneige Collabs With Gul Jaipur For Exclusive Sleep Mask
  29 April 2024, indianretailer.com
  Laneige has announced its latest launch “Bouncy and Firm Sleeping Mask” in collaboration with Gul Jaipur, known for its artisanal craftsmanship empowering women artisans…
• Kylie Cosmetics Brings Exclusive Collection in India
  29 April 2024, indianretailer.com
  Kylie Cosmetics, the renowned beauty brand founded by Kylie Jenner, is set to debut in India, marking a significant step in its global expansion. Teaming up with House of Beauty, a leading omnichannel beauty..
• Conscious Chemist Sets the Bar High in the Skincare Industry via Transparency
  29 April 2024, indianretailer.com
  In the beauty industry, terms like “natural” and “organic” have gained significant traction, appealing to consumers who prioritize traditional skincare approaches. However, amidst these labels lies a complex landscape where understanding product compositions can be challenging…
• Anant Raj’s net profit up 73.43% in Q4 FY24
  27 April 2024, realty.economictimes.indiatimes.com
  Anant Raj’s net consolidated total income stood at Rs 453.12 crore, a growth of 56.31 per cent from Rs 289.89 crore it recorded in the similar quarter last year…
• Nestle India Q4 net up 27% at Rs 934 cr on robust sales growth across product range
  27 April 2024, retail.economictimes.indiatimes.com
  Nestle said its board approved execution of a definitive agreement to form a joint venture with Dr Reddy’s Laboratories. The partners intend to bring together a global range of nutritional health solutions as well as vitamins, minerals and health supplements of Nestle Health Science. The joint venture is expected to become operational in the second quarter of the financial year 2024-25, subject to customary closing conditions, the FMCG firm said…
• Price cuts in India hit Unilever’s growth in soaps, laundry space
  27 April 2024, retail.economictimes.indiatimes.com
  Cheaper soaps and fabric washers have impacted Unilever’s skin cleansing and home care segment growth in India, with the company citing input-deflation benefits for buyers as a key factor. Despite this, India, the second largest market for Unilever, saw a 0.7% expansion with low single-digit volume growth partially offset by price cuts. The company reported flat skin cleansing growth due to a small increase in price offset by volume decline, while global home care grew by 3.1% but with a 1.1% decrease in price growth, driven by fabric cleaning…
• HUL withdraws ‘health’ label from Horlicks, rebrands it as ‘functional nutritional drink’ amid regulatory changes
  27 April 2024, retail.economictimes.indiatimes.com
  Ritesh Tiwari, the Chief Financial Officer of Hindustan Unilever, announced the change during the earnings press conference on April 24. Tiwari emphasized that the shift to the FND label provides a more accurate and transparent description of the category. He highlighted the under-penetration of the FND market, indicating significant growth opportunities…
• E-tailers start tagging ‘health drinks’ as ‘nutrition drinks’
  27 April 2024, retail.economictimes.indiatimes.com
  Walmart’s Flipkart said the “reclassification” is still a work in progress. “We are already working with the brands on healthy drinks listing directive,” a company spokesperson said…
• Shoprite’s clothing chain UNIQ plans more stores, local sourcing
  27 April 2024, retail.economictimes.indiatimes.com
  Over recent years, Shoprite has been looking for growth in areas such as pet, baby and outdoor products, launching standalone stores including by branching into clothing in 2023 with UNIQ, its apparel brand under its Checkers upmarket grocery chain. But unlike its grocery rivals Pick n Pay and Game and Makro, both owned by Walmart’s Massmart, Shoprite is targeting affluent shoppers with its slightly pricier basic ranges such as jumpers for 369 rand ($19.20), joggers and t-shirts…
• Tata Consumer eyes mid-single digit growth in tea
  27 April 2024, financialexpress.com
  For the March 2024 quarter (Q4FY24), the company’s India beverages, which includes tea, reported flat volume growth and 3% revenue growth versus last year…
• Reckitt beats sales estimates, driven by Dettol, Lysol
  27 April 2024, retail.economictimes.indiatimes.com
  Consumer companies from Reckitt to Nestle have invested heavily in product innovation to win back shoppers who had turned to cheaper brands during the COVID-19 pandemic and more recent cost-of-living crisis. They hope improvements to existing products will allow them to raise prices without taking a hit on sales volumes. Reckitt’s other products include Nurofen tablets, cold remedy Lemsip and Durex condoms…
• Philip Morris results beat estimates on demand for heated tobacco sticks
  27 April 2024, retail.economictimes.indiatimes.com
  The Marlboro maker’s flagship heated tobacco device IQOS, expected to launch in the United States in the second quarter, has been a driving force behind its effort to make more money from alternatives to traditional cigarettes. Shipments of PMI’s IQOS units grew by 20.9% to 33.1 billion in the first quarter, compared with a 6.1% rise in the preceding quarter. PMI had forecast first-quarter shipments of between 31 billion and 32 billion sticks…
• Mamaearth parent bets on made-for-India goods in world’s fastest growing beauty market
  27 April 2024, retail.economictimes.indiatimes.com
  Honasa Consumer is a leader in a bounty of new personal-care niche brands challenging global giants in India, according to Redseer Management Consulting Pvt..
• Decathlon India appoints Sankar Chatterjee as CEO
  27 April 2024, retail.economictimes.indiatimes.com
  According to Chatterjee’s LinkedIn profile, he resumed the role of the company CEO in February 2024. Chatterjee who has been associated with the brand for over 13 years, earlier held the position of Country Digital Leader for Decathlon Sports India…
• Lenskart revenue jumps to Rs 3,788 crore in FY23; trims losses to Rs 102 crore
  27 April 2024, retail.economictimes.indiatimes.com
  On a standalone basis, Lenskart has been profitable, and reported a net profit of Rs 138 crore in FY23, a 25-fold jump from the previous fiscal. Standalone operating revenue stood at Rs 2,375 crore…
• Blinkit contributes more to Zomato’s market cap than its food delivery biz: Goldman Sachs
  27 April 2024, retail.economictimes.indiatimes.com
  Blinkit boosts Zomato’s value surpassing its food delivery business. Blinkit’s implied value is Rs 119 per share, while Zomato’s food delivery business is valued at Rs 98 per share…
• Tata’s Trent to outshine Indian peers as low-priced apparel attract young buyers
  27 April 2024, retail.economictimes.indiatimes.com
  In comparison, peers have been forced to raise prices to counter higher costs, with shoe chain Metro Brands even taking footwear below 1,000 rupees off its shelves. The price hikes are an even bigger dampener on sales, considering consumers remain discerning about their expenses due to sticky inflation. “For Trent, a good performance makes it a star but at the same time the kind of companies it competes with directly or indirectly have been performing poorly,” said Arvind Singhal, chairman at business management consultancy Technopak Advisors…
• Tata Consumer enters vending biz, hits 1,000-machine mark
  27 April 2024, financialexpress.com
  Experts say Tata Consumer’s vending business is expected to be ramped up in FY25, as rival Nestle India announces the launch of its Nespresso brand of coffee and vending machines in India…
• Third Wave Coffee’s FY23 Loss Nearly Quadruples To INR 55 Cr, Sales Zoom Over 350%
  27 April 2024, inc42.com
  Bengaluru-based QSR coffee chain Third Wave Coffee Roasters’ loss nearly quadrupled in the financial year ended March 31, 2023. The startup reported a net loss of INR 54.3 Cr in FY23, an increase of 272% from INR 14.6 Cr in the previous fiscal year…
• Getir mulls sale of shopping platform n11 among options, sources say
  27 April 2024, retail.economictimes.indiatimes.com
  Getir grew rapidly during the COVID-19 pandemic, attracting high-profile investors and reaching a valuation of $12 billion two years ago as it established operations across Western Europe and in the United States…
• Deloitte projects India’s FY25 GDP growth at 6.6 pc
  27 April 2024, retail.economictimes.indiatimes.com
  In its India’s economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services…
• Gurugram Developers Demand Lifting Of Fourth-Floor Policy Ban
  25 April 2024, rprealtyplus.com
  Gurugram developers have taken a dim view of the Haryana Government’s ban on the construction of a fourth floor and a stilt on residential plots introduced in February last year and demanded the moratorium..
• hBits Acquires Grade A Commercial Property In Cybercity Magarpatta
  25 April 2024, rprealtyplus.com
  hBits, a leading fractional ownership platform, has marked its entry in the second largest city of Maharashtra with the acquisition of the 44, 328 square feet campus – CyberCity Magarpatta…
• Macrotech Developers’ net profit dips 10.61% in Q4 FY24
  25 April 2024, realty.economictimes.indiatimes.com
  Macrotech Developers’ net consolidated total income stood at Rs 4,083.90 crore, a growth of 24.83 per cent from Rs 3,271.70 crore it recorded in the similar quarter last year…
• HUL’s net profit dips 1.53% to Rs 2,561 crore in Q4 FY24
  25 April 2024, retail.economictimes.indiatimes.com
  However, the total income during the quarter increased to Rs 15,441 crore in the fourth quarter as against Rs 15,375 crore in the corresponding quarter a year ago, HUL said in a regulatory filing…
• Kering warns H1 operating profit to tumble as Gucci sales fall
  25 April 2024, retail.economictimes.indiatimes.com
  Kering had warned on March 19 that sales over the period were likely to drop by around 10%, dashing hopes it had stemmed sales declines at Gucci, the century-old Italian fashion house which accounts for half of group sales and two-thirds of profit…
• Heineken sells more beer in Q1, sticks to outlook
  25 April 2024, retail.economictimes.indiatimes.com
  Heineken is focused on restoring volume growth this year, which was hurt in 2023 as it hiked its prices to offset the rising costs of everything from energy to barley…
• BN Group forays into the wellness and fitness oil category with Nutrica; eyes Rs 500 crore revenue in 3 years
  25 April 2024, retail.economictimes.indiatimes.com
  Initially, the brand has built a network of 600 distributors to retail at 50,000 modern and general trade outlets in markets like Delhi, Chandigarh, Mumbai, and Pune, along with quick commerce and e-commerce platforms…
• PepsiCo reports ‘high single-digit’ volume growth in Indian beverage market in Jan-Mar
  25 April 2024, retail.economictimes.indiatimes.com
  PepsiCo’s net revenue in the Africa, Middle East, and South Asia (AMESA) division, which covers the Indian market, went up by 2 per cent to USD 1.04 billion. The growth reflects an “organic volume growth and effective net pricing” and a partial offset of the impact of unfavourable foreign exchange, the company said…
• Mukesh Ambani turns to ‘Wyzr’ to disrupt India’s consumer electronics and home appliances market
  25 April 2024, retail.economictimes.indiatimes.com
  The company intends to design and develop the products in-house as it pitches to establish a homegrown brand in a market dominated by foreign labels. It had previously launched private label brand Reconnect, with products built by third parties…
• Toy startup Jammbo looks to open 200 stores in next 3 years; plans international expansion
  25 April 2024, retail.economictimes.indiatimes.com
  Vipin Nijhawan, co-founder and CPO, Jammbo commented, “We want to make India the toy capital of the world by 2030, we aim to elevate India’s status in the global toy market but also inspire a new generation of creators, dreamers, and innovators. With the decreasing imports from China across the world, India can match the quality and cost and become the leader in the toy market.”…
• Toymaker Hasbro’s turnaround efforts help Q1 profit beat, ease sales decline
  25 April 2024, retail.economictimes.indiatimes.com
  The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary consumer spending and tight inventory planning by mass retailers like Walmart and Target…
• PhonePe’s Pincode exits non-food categories in ecommerce business rejig
  25 April 2024, retail.economictimes.indiatimes.com
  PhonePe is restructuring its ONDC strategy by exiting several non-food categories. The Walmart-owned company unveiled its ecommerce venture Pincode on ONDC in 2023 offering grocery, food delivery, medicines, fashion and electronics among other categories on the network. ..
• Real estate sales to grow 8-10% in FY25: Ind-Ra
  24 April 2024, realty.economictimes.indiatimes.com
  The residential sales registered 25% growth year-on-year for the top eight cities in in 9M FY24, despite price increases and sticky interest-rates, according to India Ratings and Research…
• Mukesh Ambani turns to ‘Wyzr’ to disrupt India’s consumer electronics and home appliances market
  24 April 2024, retail.economictimes.indiatimes.com
  The company intends to design and develop the products in-house as it pitches to establish a homegrown brand in a market dominated by foreign labels. It had previously launched private label brand Reconnect, with products built by third parties…
• Tata Consumer Products Q4 net profit falls to Rs 212.26 crore; total income up at Rs 3,965.39 crore
  24 April 2024, retail.economictimes.indiatimes.com
  Tata Consumer Products’ total income increased to Rs 3965.39 crore in the fourth quarter ended March 2024 as against Rs 3674.03 crore in the same period of the previous fiscal year.​​​ Sunil D’Souza, managing director and CEO of the company said, “We delivered good topline growth of 10 per cent in FY24, but importantly an EBITDA growth of 24 per cent and significant expansion in EBITDA margin.”..
• Reliance Retail’s Smart & Smart Bazaar embrace premiumisation
  24 April 2024, retail.economictimes.indiatimes.com
  The grocery retail chains introduced a range of upscale products, including international delicacies, luxury body mists, and high-end serums, the retailer said in its latest quarterly report…
• PepsiCo reports ‘high single-digit’ volume growth in Indian beverage market in Jan-Mar
  24 April 2024, retail.economictimes.indiatimes.com
  PepsiCo’s net revenue in the Africa, Middle East, and South Asia (AMESA) division, which covers the Indian market, went up by 2 per cent to USD 1.04 billion. The growth reflects an “organic volume growth and effective net pricing” and a partial offset of the impact of unfavourable foreign exchange, the company said…
• Amala Earth goes omnichannel, eyes Rs 100 crore revenue by next fiscal end
  24 April 2024, retail.economictimes.indiatimes.com
  This fiscal, the brand plans to open 3 stores in cities like Mumbai, Bengaluru, and Hyderabad and aims to take the total store count to 15 by investing Rs 4-6 crore by the end of the next fiscal. The ideal store size will vary between 1,500 – 2,000 sq.ft…
• K Raheja Corp to redevelop SOBO Central Mall into luxury residences
  24 April 2024, retail.economictimes.indiatimes.com
  Spread over 1.3 acres in prime Haji Ali locality, the mall is expected to make way for an around 50-storey sea-view superstructure with nearly 250,000 sq ft development potential…
• HairOriginals partners with Naturals Salon to expand its presence across airports and malls
  24 April 2024, retail.economictimes.indiatimes.com
  Looking forward, this year, the hair extensions company HairOriginals aims to expand to more than 50 Naturals Salon locations across India. Further, it is aiming for a 7-8 per cent offline revenue contribution from this partnership by the end of this year, the company told ETRetail…
• ‘Threatned, deceived…’, Zilingo ex-CEO Ankiti Bose files FIR against co-founder, ex-COO
  24 April 2024, livemint.com
  Ankiti Bose, co-founder of and ex-CEO of fashion e-commerce startup Zilingo has reportedly filed a criminal complaint against fellow co-founder Dhruv Kapoor and ex-COO Aadi Vaidya, pressing charges of ‘cheating’, ‘criminal intimidation’, ‘conspiracy’, and ‘harassment’…
• D2C beauty brand Nat Habit crosses Rs 100 crore revenue in FY24; eyes profitability in next 18 months
  24 April 2024, retail.economictimes.indiatimes.com
  Going ahead,​ Nat Habit is aiming to be EBITDA profitable over the next 17-18 months. Presently, 55 per cent of the brand’s revenue comes from its own D2C site and the balance comes from e-commerce marketplaces. The brand is seeing 30 per cent of its business come from smaller cities and tier-2 markets. Additionally, it is aiming to reach an ARR of Rs 350-370 crore over the next two years. With a presence in tier 1, tier 2, and tier 3 cities, Nat Habit serves nearly 14 lakh customers and ships 15,000 units per day across 35 product lines..
• Beauty brand Indus Valley to invest Rs 40 crore in research and marketing
  24 April 2024, retail.economictimes.indiatimes.com
  Shyam S Arya, founder and CEO, Indus Valley said, “We’re deeply committed to formulating hair care and skincare solutions tailored to Indian conditions, enriching the experience of our Indian customers. Our vision is to craft products that genuinely address concerns and promote awareness about the benefits of adopting organic hair and skincare routines. To expedite this process, we’re expanding our R&D facility.”..
• 83 Land Deals Closed In FY-24 In Top 7 Cities
  23 April 2024, rprealtyplus.com
  ANAROCK data indicates that various developers and entities sealed approx. 101 separate land deals in fiscal year 2023-24, cumulatively accounting for nearly 2,989 acres across the country…
• K Raheja Corp to redevelop SOBO Central Mall into luxury residences
  23 April 2024, realty.economictimes.indiatimes.com
  Spread over 1.3 acres in prime Haji Ali locality, the mall is expected to make way for an around 50-storey sea-view superstructure with nearly 250,000 sq ft development potential…
• RJ Corp’s succession plan finalised; Ravi Jaipuria’s son gets food & beverages business, daughter gets healthcare & education
  23 April 2024, retail.economictimes.indiatimes.com
  RJ Corp runs PepsiCo’s second-largest bottler outside the US, Varun Beverages (VBL), as well as Devyani International (DIL), which is the operator of KFC, Pizza Hut and Costa Coffee outlets in India. Both companies, named after the founder’s children, Varun and Devyani, are listed. The group is also involved in healthcare and education…
• Reliance Retail Q4 Results: Cons PAT jumps 12% YoY; annual profit crosses Rs 10,000 crore mark
  23 April 2024, retail.economictimes.indiatimes.com
  Reliance Retail Q4 Results: Reliance Retail Ventures Limited (RRVL) reported an 11.7% increase in net profit for Q1 2024, crossing Rs 10,000 crore annual profit mark. Revenue was at Rs 67,610 crore with 562 new stores opened…
• Biyanis to launch theatre-style retail outlet ‘Broadway’ at Delhi’s Ambience Mall this June
  23 April 2024, retail.economictimes.indiatimes.com
  The first store is scheduled to open in June this year at Ambience Mall Vasant Kunj. Biyanis plan to open 3 Broadway stores across Delhi, Hyderabad, and Bangalore…
• 47 pc consumers continue to shop for apparel & fashion from offline stores: Report
  23 April 2024, retail.economictimes.indiatimes.com
  The report said that access to digital devices and the internet has enabled the masses to have an online shopping experience irrespective of whether they are living in urban or rural areas. The online shopping experience has started to provide a rich, immersive, and personalised shopping experience to a customer. However, as compared to the overall apparel sales, online sales continue to be a high single-digit percentage…
• Reliance Industries’ new business gets fizz from Campa Cola
  23 April 2024, retail.economictimes.indiatimes.com
  Mukesh Ambani, the chairman and managing director of Reliance, has a penchant for creating humongous businesses with an amazing sweep across the country. While Reliance looks to shape-shift into a decarbonised business empire with a mega green energy and renewables plan, it has already started making waves in its new consumer products business which is being led by his daughter Isha Ambani…
• Flipkart’s supply chain head Hemant Badri to lead quick commerce business
  23 April 2024, retail.economictimes.indiatimes.com
  Flipkart’s quick commerce, led by Hemant Badri, to launch in July with dark stores setup. Potential deals with Zepto and Dunzo didn’t progress. Swiggy integrates Mall with Instamart…
• UAE, Bahrain account for over 85% of India’s plain gold jewellry exports in FY24
  23 April 2024, retail.economictimes.indiatimes.com
  In FY24, India witnessed a significant surge in plain gold jewellery exports, notably to UAE and Bahrain, comprising over 85% of the total, reaching $6,792.24 million. Total gold jewellery exports rebounded by 46.91% in the latter half of the year after a decline in the first half. Chairman of GJEPC, Vipul Shah, credited this growth to pragmatic foreign trade agreements like the India-UAE CEPA…
• AC, fridge & ice cream fly off shelves as summer heat bites
  23 April 2024, retail.economictimes.indiatimes.com
  Demand for air-conditioners, now a must-have in middle class homes, and air coolers has spiked, and there is robust sale of refrigerators…
• Trident Realty Raises Rs 1,200 Cr Through Asset Sales Including Shipra Mall
  22 April 2024, rprealtyplus.com
  NCR-based Trident Realty has raised Rs 1,200 crore through sales of assets, including Shipra Mall in Ghaziabad and a land parcel in Gurgaon, as part of plans to focus on its residential business and exit non-core assets, said people close to the development…
• Hampton Sky Realty Receives Approvals For Commercial Project In Ludhiana
  22 April 2024, rprealtyplus.com
  Hampton Sky Realty Ltd announced receiving government approval for its upcoming 12 Acre commercial project in Ludhiana…
• About 721 acres land deals closed in Jan-Mar, nearly 3,000 acres in FY24: Anarock
  22 April 2024, realty.economictimes.indiatimes.com
  ​During the entire 2023-24 fiscal, property consultant Anarock said that real estate developers and other entities have closed 101 land deals, cumulatively accounting for 2,989 acres…
• Oberoi Realty sales bookings down 53% to Rs 4,007 crore in FY24
  22 April 2024, realty.economictimes.indiatimes.com
  In a regulatory filing on Saturday, Oberoi Realty informed that the company sold 228 units worth Rs 1,775 crore in the fourth quarter of the last fiscal year. It sold 4.49 lakh square feet of carpet area…
• Increased scrutiny, red flags bigger risks for FMCG cos
  22 April 2024, retail.economictimes.indiatimes.com
  Product safety concerns in India pose risks for the FMCG industry, impacting companies like Nestle India. Regulatory scrutiny challenges health claims, affecting consumer trust. Social media influencers influence companies’ actions, while the spices category raises new risks for FMCG companies…
• Zomato hikes platform fee for users to Rs 5; pauses intercity deliveries
  22 April 2024, retail.economictimes.indiatimes.com
  The platform fee, which is a per-order flat charge, has been hiked in Zomato’s main markets like National Capital Region, Bengaluru, Mumbai, Hyderabad and Lucknow. Sources said Zomato services 2.0-2.2 million orders per day, and a Re 1 increase for a large order base could add substantially to the company’s earnings over a quarter…
• We aim to become a Rs 500 crore revenue company in the next 3 years, says Biraja Rout, founder, Biggies Burger
  22 April 2024, retail.economictimes.indiatimes.com
  Homegrown chain Biggies Burger has 8 master franchisees and 82 franchisees. Currently, it has 141 stores out of which 4 are owned by the brand and the rest are owned by the franchisees. By the end of fiscal year 2025-2026, it plans to reach a total of 250 operational stores…
• PepsiCo, Target & P&G top LinkedIn’s list of top retail companies to work for in India
  22 April 2024, retail.economictimes.indiatimes.com
  Other companies included in the list are Victoria’s Secret & Co., H&M Group, Titan Company Limited, Nestlé, Diageo, Unilever, Mondelēz International, Lowe’s Companies, Inc., 7-Eleven, Kering, Alshaya Group, and Tesco…
• Indian wear business slows down in times of fast fashion
  22 April 2024, retail.economictimes.indiatimes.com
  Bestseller is closing its Indian ethnic wear brand Indifusion due to poor sales and shifting consumer trends. The company, known for western brands like Jack and Jones, bought Indifusion during the pandemic but struggled to understand and operate in the Indian wear market. The decline in traditional wear is part of a broader trend, with consumers increasingly choosing versatile, comfortable clothing for multiple occasions. Fusion wear, combining traditional and modern styles, is growing in popularity, driven by factors like the rise of the female workforce and fashion trends…
• Retailers body to seek govt intervention on POCO’s business practices
  22 April 2024, retail.economictimes.indiatimes.com
  The South Indian Organised Retailers Association is planning to approach the central government regarding POCO’s business practices, alleging that the brand avoids supplying phones to mainstream channels. ORA claims that POCO’s approach minimizes spending by favoring online and “illegitimate” channels, neglecting consumer experience and employment generation…
• Women’s fashion brand Rareism looks to open 100 stores in next two years
  22 April 2024, retail.economictimes.indiatimes.com
  Founded in 2016, Rareism is a subsidiary of Radhamani Textiles. In the last 5 years of brand presence, it has seen exponential growth with a 2.5x growth rate in the last financial year of 2023. Looking forward, it plans on continuing the same growth pattern…
• ‘Summer demand for milk strong, yet prices may not turn volatile’
  22 April 2024, retail.economictimes.indiatimes.com
  After achieving a record turnover of `15,000 crore in 2023-24, Mother Dairy, a subsidiary of the National Dairy Development Board, is aiming to aggressively boost sales in FY25 through new products introduction amid expectations of..
• Clear Premium Water reaches 1600 HoReCa clients in March 2024
  22 April 2024, retail.economictimes.indiatimes.com
  Clear Premium Water has a production capacity of over 50 lakh bottles per day, available at more than 80,000 retail outlets distributed through 1,000 nationwide distributors…
• Apple stores in India get off to a flying start
  22 April 2024, retail.economictimes.indiatimes.com
  Apple’s two company-owned stores in India have achieved significant revenue, each generating between Rs 190-210 crore last fiscal year. The stores, located in Mumbai and New Delhi, have consistently achieved monthly sales of Rs 16-17 crore each since their launch. Apple is now aggressively looking for space to open three more company-owned stores in Pune, Bengaluru, and Noida. The stores have become popular destinations for customers to experience Apple products and receive expert advice, contributing to the company’s growth in India’s smartphone market…
• Rising mercury cranks up the heat in AC market
  22 April 2024, retail.economictimes.indiatimes.com
  Industry fears a shortage with most companies not having enough key components such as compressors in stock to keep pace with demand…
• Sundream Group to invest Rs 250 crore in Noida project
  20 April 2024, realty.economictimes.indiatimes.com
  The newly-announced investment is over and above the first phase investment and the construction for the second phase has begun, according to a statement…
• ABFRL to raise Rs 2500 crore after demerging Madura business into new separate listed entity Aditya Birla Lifestyle Brands
  20 April 2024, retail.economictimes.indiatimes.com
  ABFRL plans to raise Rs 2500 crore by splitting its retail business, creating ABLBL with brands like Louis Phillippe, Peter England, and Sabyasachi. The demerger aims to unlock value and support growth through equity raise…
• Sukhleen Aneja set to exit Good Glamm Group
  20 April 2024, livemint.com
  Sukhleen Aneja, chief executive officer (CEO) of Good Brand Co, part of The Good Glamm Group, is set to leave the company in July after more than two and a half years, marking another significant departure at the direct-to-consumer (D2C) goods company…
• Blaupunkt focusing on offline expansion with premium affordable TVs, opting out 32-inch category
  20 April 2024, retail.economictimes.indiatimes.com
  Observing a shift in the consumer base towards mid-segment TVs over the open price point, Marwah said, “We’ve observed a significant demand for larger screen sizes, with our 55-inch models outselling the more traditional 32-inch options. We have also seen tremendous growth on the e-commerce platform Amazon without the 32-inch category.”..
• Candytoy Corporate to invest Rs 35 crore to set up new manufacturing unit in Indore
  20 April 2024, retail.economictimes.indiatimes.com
  Apart from this, the company is also planning to set up another manufacturing unit in Jebel Ali on the outskirts of Dubai with an investment of Rs 35 crore. It spreads across 10,000 sq. ft. area and will cater to the brands in UAE, Oman, Kuwait, and Saudi Arabia…
• Hygiene brand Pee Safe crosses Rs 100 crore in sales, nears profitability
  20 April 2024, retail.economictimes.indiatimes.com
  Originally launched a decade ago with just one product, a toilet seat sanitizer by Vikas Bagaria, and Srijana Bagaria (husband-wife duo) out of a personal incident, Pee Safe has evolved into a personal hygiene and fast-moving consumer goods (FMCG) brand. In the past six years, the company has diversified its product range to include personal hygiene categories, addressing the needs of girls from puberty to menopause. The portfolio has intimate hygiene products such as reusable pads, tampons, menstrual cups, and more…
• Nordstrom to evaluate founding family’s interest in take-private deal
  20 April 2024, retail.economictimes.indiatimes.com
  The move by CEO Erik Nordstrom and President Pete Nordstrom comes at a time when department store chains across the U.S. are grappling with weak sales as sticky inflation and elevated borrowing costs prompt customers to rethink their discretionary spending…
• Retailers report 8% growth in March 2024
  20 April 2024, retail.economictimes.indiatimes.com
  Retail businesses across regions have indicated growth in sales as compared to March 2023 sales level with the highest in South India signaling a growth of 9%, while West India indicated a growth of 8% followed by North and East India signalling a growth of 7% and 6% respectively…
• Mobile makers bet on higher exports to grow
  20 April 2024, retail.economictimes.indiatimes.com
  Smartphone makers are hoping for exports from India to continue their strong showing, which will drive their own growth as production levels are reaching their saturation point if only the domestic market is to be served, said market trackers. “The only headroom for growth right now is by increasing exports from India,” said Prachir Singh, senior analyst, Counterpoint Research…
• Padget Electronics signs agreement with Longcheer to manufacture smartphones for global brands with latest technology
  20 April 2024, retail.economictimes.indiatimes.com
  Padget Electronics collaborates with Longcheer for smartphone production. Clients include Xiaomi, Motorola, Samsung. Longcheer, with 28% ODM market share globally, emphasizes quality, innovation, engineering prowess, and customer satisfaction in smart product services…
• Wooden Street expands in Jodhpur with its manufacturing and R&D unit
  20 April 2024, retail.economictimes.indiatimes.com
  Wooden Street’s expansion in Jodhpur will contribute to the local economy, generating 300 job opportunities and fostering skill development in the region, the company said…
• Acqua di Parma Debuts Boutique at The Chanakya in New Delhi
  20 April 2024, indianretailer.com
  Acqua di Parma introduces its inaugural boutique at The Chanakya in New Delhi, marking a significant retail milestone for the luxury brand in India…
• Shark Tank India Star Be U Natural Salon Plans 25 Punjab Salons
  20 April 2024, indianretailer.com
  Be U Natural Salon chain has marked its appearance in Panchkula Sector 20 in Haryana. A special-purpose vehicle (SPV) will be used by the salon chain for the opening of 25 salons in the next 24 months, covering Panchkula, Mohali, and Chandigarh along the entire Punjab…
• How On-Ground Brand Influencers can Shape the Retail Customer Journey
  20 April 2024, indianretailer.com
  The term ‘influencer marketing’ often conjures up glitzy, scripted social media content. Instagram is filled with thousands of micro-influencers, macro-influencers, and everything in between. But what does it really mean to be an influencer?..
• RedTape Partners With EasyEcom as an E-commerce Efficiency Advocate
  20 April 2024, indianretailer.com
  RedTape has announced its joint venture with EasyEcom, marking a pivotal moment for both companies. This collaboration aims to drive efficiency, scalability, and superior customer experience in the dynamic world…
• Levi’s Debuts Diverse Range of Fits with Deepika Padukone
  20 April 2024, indianretailer.com
  As summer arrives, Levi’s introduces a range of new fits, offering close to 15 options for customers in India. From retro-inspired flares to laid-back loose styles and timeless classic straight cuts, Levi’s has something for everyone,..
• Standard Chartered Bank Appoints Cushman & Wakefield For Property Services
  19 April 2024, rprealtyplus.com
  Cushman & Wakefield, a leading global real estate services firm, announces that it has been appointed by Standard Chartered Bank (the Bank) to provide services to support its Asia..
• Exclusive: Flipkart’s talks to buy majority stake in Zepto falter; quick commerce startup opts for financial investors
  19 April 2024, retail.economictimes.indiatimes.com
  The strategic sale discussions are unlikely to be revived. Quick commerce company Zepto is now in discussions for fresh funding at a likely $2.5 billion valuation. It has held talks with the likes of General Atlantic, ADIA, among others…
• Swiggy integrates Mall offering with Instamart
  19 April 2024, retail.economictimes.indiatimes.com
  Swiggy merges Mall with Instamart, following Zepto’s non-grocery sales success. Quick commerce attracts smaller D2C firms due to robust growth in non-grocery categories…
• Agilitas Sports acquires exclusive rights for Lotto in India, Australia
  19 April 2024, retail.economictimes.indiatimes.com
  Agilitas, headed by former Puma India Managing Director Abhishek Ganguly, will buy the brand license from New York investment firm WHP Global and aim to launch the Lotto products in India by early 2025…
• Prices of discretionary products like cars, TVs, phones begin to firm up
  19 April 2024, retail.economictimes.indiatimes.com
  Car manufacturers like Maruti Suzuki, Honda Cars India, Toyota Kirloskar Motor and Kia India have just raised vehicle prices, mostly on fast-moving models, by up to 3% due to increase in commodity costs and adverse forex movement. Other manufacturers are also evaluating such a hike…
• Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
  19 April 2024, retail.economictimes.indiatimes.com
  The online retailer said about 140 stores use the system, known as “Just Walk Out,” which allows customers to scan an app to enter a store and leave with their items without paying at a register. Amazon will more than double that number this year…
• Bling it on! Branded jewellery stores set to mushroom
  19 April 2024, retail.economictimes.indiatimes.com
  In a latest innovation, Nestlé India has collaborated with SOCIAL, India’s favourite neighbourhood café, to test launch MAGGI Professional’s plant-based range…
• Lotus Chocolate Company Q4 FY24 results : profit at ₹1.18Cr, Revenue increased by 433.72% YoY
  19 April 2024, livemint.com
  Lotus Chocolate Company declared their Q4 FY24 results on 16 Apr, 2024. The topline increased by 433.72% & the profit came at ₹1.18cr…
• Danone beats quarterly sales forecasts, heralds end of European price talks
  19 April 2024, retail.economictimes.indiatimes.com
  The maker of Activia yoghurt, Evian water and Aptamil kept its goals for like-for-like 2024 sales growth at between 3% and 5%, with a moderate improvement in recurring operating margin…
• L’Oreal sales rise 9.4% as mass market makeup outshines luxury
  19 April 2024, retail.economictimes.indiatimes.com
  The French cosmetics giant, which owns the Maybelline and Lancome brands, reported sales of 11.24 billion euros ($11.98 billion) for the first three months to the end of March…
• Rise in second-hand smartphone demand prompts brands to prevent unorganised market access
  19 April 2024, retail.economictimes.indiatimes.com
  The demand for second-hand smartphones is on the rise, prompting brands and seller platforms to prevent old devices from reaching the unorganised market. Refurbished smartphone seller ReFit Global anticipates a 16% growth in the industry in 2024, following a 15% growth in 2023. E-commerce platforms and smartphone brands are collaborating with refurbishing companies to sell old devices directly, streamlining the process and preventing leakages…
• Limelight Diamonds Launches Its Store in Kolkata With Ada Sharma
  19 April 2024, indianretailer.com
  Limelight Diamonds has inaugurated its second store in Kolkata in a span of 15 months. This new store has been established in Kankurgachi, Kolkata. The opening of this store was graced by the famous Hindi & Telugu film actress Adah Sharma…
• Godrej Interio Unveils Summer Vibe Sale, Showcasing Custom Furniture Solutions
  19 April 2024, indianretailer.com
  Godrej Interio, a division of Godrej and Boyce and a flagship company of the Godrej Group, has launched its latest campaign, “Summer Vibe Sale,” spotlighting the diverse preferences of customers in their furniture choices…
• Max Fashion Unveils ‘Urban’ Label Targeting Youth Market
  19 April 2024, indianretailer.com
  Max Fashion, a leading fashion conglomerate in India, has recently introduced its newest brand, Max Urban, specifically tailored for the burgeoning youth demographic…
• Uniqlo Introduces New AIRism Collection
  19 April 2024, indianretailer.com
  Uniqlo has unveiled its latest AIRism collection for the 2024 Spring/Summer. The new range is available to shop in online & offline stores. The product will reduce sweat and stuffiness that cause discomfort as the temperature rises…
• Dr. Sanjay Goyal Appointed as Chief Procurement Officer at Foodlink Mumbai
  19 April 2024, indianretailer.com
  Dr. Sanjay Goyal has joined Foodlink Mumbai as a Chief Procurement and Supply Chain Officer. A seasoned leader in procurement and supply chain management, he brings over 25 years of extensive experience across various sectors including hospitality, restaurants, and FMCG…
• UK-based Casual Dining Chain Giraffe Partners with Franglobal for India Expansion
  19 April 2024, indianretailer.com
  Giraffe, a prominent casual dining franchise has unveiled its expansion plan to enter into the Indian market. This strategic move comes through a partnership with Franglobal, a leading firm specializing in international franchising solutions, facilitating the entry and growth of global brands in India and beyond, ensuring success and profitability…
• Chef Beena Noronha Takes Helm at Chrome Asia Hospitality
  19 April 2024, indianretailer.com
  Chrome Asia Hospitality has introduced Chef Beena Noronha as the Corporate Chef specializing in European Cuisine. Beginning her tenure at Gigi, Chef Beena focuses on modernizing traditional dishes…
• Brigade Group Achieved Presales Of Rs 6,013 Cr In FY24
  18 April 2024, rprealtyplus.com
  Brigade Enterprises Limited reported impressive performance and growth across all business segments for the year ended March 31, 2024…
• TARC Limited Achieved Its Highest-Ever Presales In FY2023-24
  18 April 2024, rprealtyplus.com
  TARC Limited, a leading name in the real estate industry, proudly announces its exceptional operational performance for the fiscal year 2023-24. The company has achieved remarkable milestones, showcasing unprecedented growth and surpassing all expectations…
• Reliance Consumer hits it big in 1st year which took rivals decades; co logs sales of Rs 3k cr in FY24
  18 April 2024, retail.economictimes.indiatimes.com
  Reliance Industries’ fast-moving consumer goods (FMCG) company, Reliance Consumer Products (RCPL), clocked ₹3,000 crore sales in FY24, its first full year of operations. Beverage brand Campa Cola contributed ₹400 crore, according to a senior industry executive. The company aims to continue sales growth momentum driven by staples and beverages. RCPL may raise ₹500-₹700 crore this fiscal from its parent company to set up bottling plants for Campa Cola to boost capacity amid supply constraints…
• D2C brands cough up 30-45% commission for a spot on quick-commerce platforms
  18 April 2024, retail.economictimes.indiatimes.com
  Direct-to-consumer (D2C) brands rushing to get listed on quick-commerce platforms are shelling out between 30-45% as commissions, compared to the 10-20% that large, more established FMCG companies pay…
• Tatas in talks to buy stake in Fabindia’s apparel line
  18 April 2024, thehindubusinessline.com
  The Tata group is understood to be in talks with the promoters and shareholders of Fabindia for a stake or outright buy of the ethnic apparel business, sources said…
• AstorMueller will continue to be a multi-brand retailer: India COO
  18 April 2024, retail.economictimes.indiatimes.com
  The company, which began the year with 18 shop-in-shop stores, plans to have a presence in 50 SIS by this quarter end and 70 SIS by March 2025…
• Health and wellness firm Guduchi Ayurveda targets Rs 100 crore revenue in FY25; aims to be present across 10,000 stores by this fiscal end
  18 April 2024, retail.economictimes.indiatimes.com
  Guduchi Ayurveda shared that it has achieved a revenue of Rs 25 crore in FY24 as against the revenue of Rs 17 crore in the previous fiscal. The company’s revenue growth is attributed to its adept navigation of both offline and online markets. Currently, the firm focuses on generating balanced sales contributions, 50 per cent from offline channels and 50 per cent from direct-to-consumer online channels…
• Samsung wants sales worth Rs 10,000 cr from TV biz in India
  18 April 2024, retail.economictimes.indiatimes.com
  Samsung India aims for Rs 10,000 crore television sales in 2024, focusing on premiumization and volume growth. With 90% of TVs locally produced, Samsung plans to lead the market by expanding local manufacturing. New AI-driven TV launches target premium segments, as consumer demand for mid to high-end products rebounds post-Covid…
• DS Group’s Catch Spices crosses Rs 1,000 crore in sales
  18 April 2024, retail.economictimes.indiatimes.com
  The company said Catch has grown 24% year-on-year over the last two years, and has a reach in over seven lakh retail touch points and 1,500 distributors. “We were in metros and mini metros earlier. Now our focus is on second and third tier cities,” Kumar said, adding that the company is looking to push distribution to towns even with a population of a lakh…
• D2C luggage brand Nasher Miles appoints Anil Verma as chief strategy officer
  18 April 2024, retail.economictimes.indiatimes.com
  Prior to joining Nasher Miles, Verma held leadership positions in various multinational companies like Purplle.com, Samsonite, and Delsey Paris. In his role, he will guide the brand’s foray into brick-and-mortar retail, ensuring a seamless customer experience across all touchpoints, as the company said. Verma will oversee the company’s overall strategic direction, encompassing product development, finance, and operations…
• Rakul Preet turns millet entrepreneur
  18 April 2024, thehindubusinessline.com
  Film actress Rakul Preet Singh has become a hospitality entrepreneur by opening her first millet-focussed dine-in restaurant here. She launched ‘Arambam – Starts with…
• Procter & Gamble price hikes thin shoppers’ wallets
  18 April 2024, retail.economictimes.indiatimes.com
  P&G has hiked prices more than 1% for the past nine quarters, bringing a nearly 16% jump in sales over the company’s last three fiscal years. Wall Street expects P&G’s revenues to rise once again, according to LSEG data. But price hikes will make up less of any future sales growth, P&G executives said in prior earnings conference calls…
• Funskool seeks to transform India into global hub for toy manufacturing
  18 April 2024, retail.economictimes.indiatimes.com
  The upgraded facilities in both Unit 1 and 2 of the manufacturing facilities represent a substantial investment in Funskool’s production capabilities, a company statement here said on Wednesday…
• AMRPL Unveils ‘Bon Voyage’ Travel Retail Store at Lucknow Airport
  18 April 2024, indianretailer.com
  AMRPL (April Moon Retail Pvt. Ltd) announces the opening of its concept store ‘Bon Voyage’ at the newly inaugurated Terminal 3 at Chaudhary Charan Singh (CCS) International Airport in Lucknow, both arrival and departure sections…
• The Sleep Company Marks the Opening of Its 75th Store in India
  18 April 2024, indianretailer.com
  The Sleep Company has inaugurated its 75th store in India with its new outlet in Hyderabad. The company previously opened 7 stores in the same city, and this is the 8th edition. Customers can explore an extensive range of products including patented SmartGRID mattresses, smart recliner beds, pillows, office chairs, & recliner sofas…
• LoveChild by Masaba & Shoppers Stop Beauty Collaborate to Elevate Beauty Retail Experience
  18 April 2024, indianretailer.com
  LoveChild by Masaba, the beauty brand conceptualized by Indian fashion designer and actress Masaba Gupta, has unveiled its newest Shop-in-Shop at Shoppers Stop, situated within R City Mall, Ghatkopar…
• SOM Distilleries & Breweries Ltd Appoints Anand Agrawal as CMO, Signals Strategic Expansion Move
  18 April 2024, indianretailer.com
  SOM Distilleries & Breweries Ltd. proudly announces the appointment of Anand Agrawal as its new Chief Marketing Officer, signaling a strategic move to strengthen its market presence…
• Droom Introduces Four Innovative Products Revolutionizing the Used Car Ecosystem
  18 April 2024, indianretailer.com
  Droom has rolled out a set of products curated to revolutionize the used car industry on the occasion of its 10th Founding Day Anniversary…
• Agrimax Foods Introduces a Range of Nutrient-packed Millet-based Baked Delights
  18 April 2024, indianretailer.com
  Agrimax Foods LLP, a certified food solutions company, is thrilled to unveil its latest venture, ‘Bake&Co.’ This innovative brand aims to revolutionize the realm of Millet-based baked products by prioritizing health, nutrition, and exceptional taste…
• Catch Spices Achieves Milestone, Joins Rs 1000 Cr Club
  18 April 2024, indianretailer.com
  Catch Spices, a flagship brand of DS Group, has made headlines by entering the prestigious INR 1000 crore club in the packaged spice industry. With an impressive growth rate of 24 percent in recent years, Catch Spices is now..
• Brigade Enterprises reports 46% increase in sales bookings in FY24
  17 April 2024, realty.economictimes.indiatimes.com
  In a statement, Brigade Enterprises said it has achieved pre-sales of Rs 6,013 crore in FY24 and Rs 2,243 crore in the fourth quarter of FY24 – the highest ever for both in terms of a quarter as well as financial year…
• Kanodia Group acquires 1.74-acre land in Gurugram for Rs 153 crore
  17 April 2024, realty.economictimes.indiatimes.com
  Gautam Kanodia, co-founder of Kanodia Group said, “We plan to generate revenue in excess of Rs 1,000 crore from this project. The project is scheduled to be launched by the end of this year and is expected to be completed within 48 to 60 months.”..
• Sunteck Realty posts 20% rise in sale bookings in FY24
  17 April 2024, realty.economictimes.indiatimes.com
  According to a regulatory filing, Sunteck Realty sale bookings increased 26 per cent to Rs 678 crore in the fourth quarter of last fiscal from Rs 537 crore in the corresponding period of the 2022-23 fiscal…
• Big grocers queue up to put 24Seven in bag
  17 April 2024, retail.economictimes.indiatimes.com
  Godfrey Phillips India had said in an exchange filing on April 12 that it plans to exit the loss-making 24Seven convenience chain “following a detailed review of the company’s retail business division”. The negotiations will hinge on valuation, said one of the persons cited. “The (Modi) group leadership has held talks with groups which have obvious synergies, as of now. The talks are at different stages,” the executive said…
• Zomato introduces ‘large order fleet’ for serving groups of up to 50 people
  17 April 2024, retail.economictimes.indiatimes.com
  “Such large orders were earlier served by multiple regular fleet delivery partners, and the customer experience wasn’t what we really aspired for. These new vehicles should solve most of the problems our customers face while placing large orders on Zomato,” Goyal said in the post…
• Plum Goodness aims for profitability in FY25, eyes product segment revamp
  17 April 2024, retail.economictimes.indiatimes.com
  Mumbai-based beauty and personal care (BPC) brand Plum Goodness plans to introduce new products within the next six months, focusing on segments such as skincare (including cleansers, serums and moisturisers), hair care and make-up, founder Shankar Prasad told ET in an interaction…
• Ayurveda supplements startup Rasayanam eyes Rs 100 crore revenue in FY25
  17 April 2024, retail.economictimes.indiatimes.com
  This year, Rasayanam is looking to focus primarily on offline sales, partnering with pharmacies and ayurvedic doctors. Ayush Aggarwal, founder of the company said, “We are profitable to date and have plans to expand both in our offerings and sales channels.” Moving forward, the firm plans to launch 6 new products that include plant-based multivitamins and chawanprash this year…
• Cipla to acquire Ivia Beaute’s cosmetics, personal care distribution, and marketing business for Rs 130 crore
  17 April 2024, retail.economictimes.indiatimes.com
  This strategic move is aligned with Cipla’s focus on enhancing its consumer healthcare and wellness portfolio, it added. The acquisition will include Ivia Beaute’s brands namely Astaberry, Ikin and Bhimsaini on a worldwide basis, the company said. On the cost of acquisition, Cipla said it will be “Rs 130 crore on the closing date and Rs 110 crore contingent upon achievement of certain financial parameters (milestones) for next 3 years as mentioned in the BTA”…
• Swiss watch brands making time for India
  17 April 2024, retail.economictimes.indiatimes.com
  Despite its 1.4 billion population, India was in 22nd place for Swiss watch exports in 2023, just ahead of Switzerland’s Alpine neighbour Austria…
• Superdry plans to go private as it kicks off rescue plan
  17 April 2024, retail.economictimes.indiatimes.com
  The rescue plan, poised to bring in material cash savings from rent reductions at 39 of Superdry’s 94 stores in Britain, and extend the maturity of loans made under the group’s debt facility agreements, comes as the company grapples with weak demand and a cash crunch…
• Deal activity on the rise in consumer & retail sector
  17 April 2024, retail.economictimes.indiatimes.com
  India’s consumer and retail sector experienced a surge in M&A and private equity deal activity in the March quarter. The sector recorded 102 deals valued at $1.74 billion, with a focus on acquisitions and investments in the food processing and healthy food market segments…
• Polar Bear Opens 137th Store in Hyderabad
  17 April 2024, indianretailer.com
  Polar Bear recently teamed up with MadHawks to promote the launch of their new store in Gachibowli, Hyderabad, marking their 16th outlet in Hyderabad and 137th in India…
• How Unique Appeal of Ayurvedic Cafes is making a Noise in F&B Biz
  17 April 2024, retail.economictimes.indiatimes.com
  This push for healthier eating isn’t just happening in restaurants. Online food businesses like FreshMenu and Grow Fit are popping up to meet people’s demands for food that’s good for them…
• Osteria Opens Its Doors in Noida
  17 April 2024, indianretailer.com
  Osteria, is Noida’s newly designed location blending with the coziness of home. This establishment not only offers genuine Italian fare but also serves as a center for communal gatherings and artistic expression…
• Amit Dash Appointed as Multi-Property Executive Chef at Westin Delhi, Gurgaon
  17 April 2024, indianretailer.com
  The Westin Gurgaon, New Delhi and The Westin Sohna Resort and Spa has appointed Chef Amit Dash as the Multi Property Executive Chef…
• Catering Collective Names Arindam Chakraborty as COO
  17 April 2024, indianretailer.com
  Catering Collective is a prominent division of K Hospitality, has revealed the selection of Arindam Chakraborty as its Chief Operating Officer (COO)…
• BLR Brewing Co. Teams Up with HUFT for Unique Experience
  17 April 2024, indianretailer.com
  Blr Brewing Co. has joined hands with the pet care brand, Heads Up For Tails, to introduce ‘Barks & Brews’ in celebration of National Pet Day…
• Starbucks Unveils Exclusive Mickey and Friends Merchandise
  17 April 2024, indianretailer.com
  Starbucks, in collaboration with Disney, has introduced its latest summer collection, bringing the beloved characters of Mickey and Friends to life in a vibrant array of drinkware and lifestyle accessories…
• Cricket meets Grooming: Phillips Joins Forces with Sunrisers Hyderabad and Kolkata Knight Riders
  17 April 2024, indianretailer.com
  Philips, a global leader in health technology and innovation, announced its partnership with two prestigious Indian Premier League (IPL) teams, Sunrisers Hyderabad (SRH) and Kolkata Knight Riders (KKR), as their official grooming partner for the IPL 2024 season…
• Boldfit X CSK: Elevating Fitness and Style with Exclusive Merchandise Line
  17 April 2024, retail.economictimes.indiatimes.com
  Boldfit, a leading homegrown fitness and sports major specializing in premium apparel, supplements, and fitness accessories, is thrilled to announce its multi-year collaboration with the Chennai Super Kings (CSK) as its Official Merchandise Partner…
• Deepika Padukone’s 82°E partners with Reliance Retail’s Tira to enter into offline beauty market
  16 April 2024, retail.economictimes.indiatimes.com
  With this collaboration with Tira, 82°E is expanding its reach by making its skincare, body care, and men’s range available in Tira stores in select markets across North, West, and South India, the company said in the release…
• Rivpra Formulation enters into D2C space with skincare brand Oteria
  16 April 2024, retail.economictimes.indiatimes.com
  Rivpra Formulation has launched 19 skincare products under Oteria emphasizing the concept of circadian rhythm, and has started selling on online channels including Amazon, Flipkart, and its online D2C platform. Going ahead, it is planning to launch 40-50 products in the next 12-18 months…
• South India’s cooling appliance market heats up; Brands expect double-digit growth
  16 April 2024, retail.economictimes.indiatimes.com
  ​The overall cooling appliances industry in South India witnessed a growth of around 17 per cent in the last financial year. At the beginning of April, IMD predicted heatwaves along with above-normal maximum temperatures across several states in South India…
• Jewellery chains take a shine to malls as buyers go for brands
  16 April 2024, retail.economictimes.indiatimes.com
  Jewellery shops are becoming a prominent feature in shopping malls in India, as consumers shift towards established retailers. Each mall now has about 8-10 jewellery stores, occupying nearly 5% of total mall space, up from just 1% two years ago. The organised jewellery retail segment has been outpacing other consumer discretionary segments since April 2023, contributing 15-20% of mall revenues despite occupying only about 5% space…
• Lighthouse invests Rs 700 crore in Parsons Nutritionals
  16 April 2024, retail.economictimes.indiatimes.com
  Parsons Nutritionals specializes in the production of a wide array of packaged food and beverages, ranging from cookies and biscuits to chocolates, confectionery, malted beverages, and ready-drink mixes. Swapandeep Mann, promoter and CEO of Parsons Nutritionals, said “On the back of strong tailwinds in the Indian manufacturing sector, we’re focused on doubling down on our capabilities and replicating the deep partnerships with many more premier brands.”..
• LG India expects to cross 2 million unit mark in AC sales this summer
  16 April 2024, thehindubusinessline.com
  LG Electronics India on Monday said it has recorded order-based sales of one million units of air conditioners in the first 100 days of the calendar year to retail partners, indicating strong demand momentum for the cooling products on the back of scorching temperatures…
• A 2,200 cr Mall of India coming up!
  16 April 2024, constructionweekonline.in
  DLF, a real estate development company, has commenced construction on a new shopping mall in Gurugram, Haryana. The project, part of DLF’s expansion strategy, is estimated to cost around Rs 2,200 crore…
• AMRPL Unveils a Convenient Travel Retail Store ‘Bon Voyage’ at Lucknow Airport
  16 April 2024, indianretailer.com
  AMRPL (April Moon Retail Pvt. Ltd), a domestic travel retail company known for its curated selection of premium liquor and exclusive travel products, has opened its concept store ‘Bon Voyage’ at the newly inaugurated Terminal…
• Rareism Unveils 30th Exclusive Store in India
  16 April 2024, indianretailer.com
  Rareism, the women’s fashion brand by Bengaluru-based fashion retailer The House of Rare, has opened its third outlet in Hyderabad…
• Tech Meets Style: Havells Launches Cutting-Edge BLDC+ Fans
  16 April 2024, indianretailer.com
  Havells India Limited, a leading Fast-Moving Electrical Goods (FMEG) Company launched a new campaign, showcasing its commitment to catering to the dynamic consumer requirements with its technologically advanced, energy efficient, and designer range of fans…
• Philips Expands Innovation Footprint in India
  16 April 2024, indianretailer.com
  Royal Philips, a global leader in health technology, has marked the ground-breaking ceremony of a new R&D centre to expand its Healthcare Innovation Centre (HIC) in Pune, Maharashtra, illustrating India’s growing…
• Italian Expat Chef Davide Di Domenico Joins Prego, The Westin Gurgaon New Delhi
  16 April 2024, indianretailer.com
  Prego, the specialty Italian restaurant at The Westin Gurgaon, New Delhi has appointed Chef Davide Di Domenico as its new Chef De Cuisine…
• KFC Global Appoints Pizza Hut Exec as New CFO
  16 April 2024, indianretailer.com
  KFC Global has appointed Alex Barsk (she/her) as their new Chief Financial Officer (CFO), reporting directly to Sabir Sami, KFC Global Chief Executive Officer (CEO), effective June 1, 2024…
• How CSR can Elevate Restaurant Industry further Impacting the Society
  16 April 2024, indianretailer.com
  The food and beverage (F&B) industry is among the world’s fastest-expanding service sectors, boasting an impressive annual growth rate of 7.2 percent.The food service market in India was estimated to be about 70 billion U.S dollars in 2023…
• Nestle Partners with Restaurants to introduce plant based Range
  16 April 2024, indianretailer.com
  In a latest innovation, Nestlé India has collaborated with SOCIAL, India’s favourite neighbourhood café, to test launch MAGGI Professional’s plant-based range…
• Royal Orchid Hotels Expands Presence in East India
  16 April 2024, indianretailer.com
  Strengthening its presence in the eastern part of the country, Royal Orchid Hotels Ltd (ROHL) marked its entry in Odisha with the opening of Regenta Central in the coastal city of Puri…
• AstorMueller Launches Exclusive Sneaker Collection in Collaboration with Myntra
  16 April 2024, retail.economictimes.indiatimes.com
  AstorMueller has launched an exclusive sneaker collection called ‘nu:beat’ in partnership with Myntra. The collection, designed by Johanna Müller, blends elements of music and fashion, rooted in a rich heritage of European shoemaking dating back to 1928…
• 8Mn SqFt Of New Retail Mall Supply Expected In India In 2024
  15 April 2024, rprealtyplus.com
  Cushman & Wakefield report forecasts a significant addition of retail space in 2024, with nearly 8 MSF (million square foot) of mall supply expected to commence operations across the country…
• Kolte-Patil Developers Ltd Records Highest Ever Sales In Q4
  15 April 2024, rprealtyplus.com
  Kolte-Patil Developers Limited leading Pune based real estate player with growing presence in Mumbai and Bengaluru, has announced key updates on its real estate operations during the quarter and full year ended 31st March 2024…
• Bournvita, other brands to lose ‘health drink’ status
  15 April 2024, retail.economictimes.indiatimes.com
  E-commerce sites advised to stop labeling Bournvita as health drink due to undefined food laws. Cadbury faced controversy over sugar content. NCPCR, FSSAI investigated. Issue involved misleading elements in packaging, advertising…
• Inditex to launch Bershka and Zara Home in India this year
  15 April 2024, retail.economictimes.indiatimes.com
  Inditex had launched fast fashion brand Zara in 2010 and premium clothing brand Massimo Dutti eight years ago. Its new offering, Bershka, will pitch it directly against Reliance Retail’s Yousta, which too targets the younger consumer segment…
• Your household shopping bill may not come down soon
  15 April 2024, retail.economictimes.indiatimes.com
  Most consumer goods companies raised prices by more than a quarter in the past two years to offset rising costs under heads such as raw materials, supply chain and energy…
• Smartphone, AC sales spring back in Q4
  15 April 2024, retail.economictimes.indiatimes.com
  Primary sales in Kolkata of smartphones, laptops, ACs, and refrigerators grew 8-12% year-on-year in the January-March period, with notable improvements in demand across entry products and rural markets, according to industry insights…
• How drinking less but drinking better is shaping Indian consumer’s preferences in 2024
  15 April 2024, retail.economictimes.indiatimes.com
  With the market share of the premium or ‘super-premium’ alcohol drinks estimated to grow by 13% by the end of this year, the cohort of consumers who are seeking elevated experiences has expanded. Undoubtedly, factors such as rising affluence and exposure to globalization are major enablers for this premiumisation wave…
• Retail buying in Asia including India fuels gold price momentum: Goldman Sachs
  15 April 2024, retail.economictimes.indiatimes.com
  The report underscores the significant role played by new incremental factors, particularly the surge in accumulation by Central Banks in emerging markets (EM) and increased retail buying in Asian markets including India have led to an increase in gold prices worldwide. Despite expectations of fewer Federal Reserve rate cuts, strong growth trends, and record-breaking equity markets, gold has rallied by 17 percent over the past two months…
• Varun Beverages starts commercial production of carbonated drinks at Gorakhpur facility
  15 April 2024, retail.economictimes.indiatimes.com
  Varun Beverages commences soft drink production in Gorakhpur, introducing new products and expanding capacities. It sees significant revenue contribution from the Indian Subcontinent and African markets, reporting a substantial net revenue in 2023…
• Retail revolution 2.0: Why tier II cities are stealing the show
  15 April 2024, retail.economictimes.indiatimes.com
  As the e-commerce wave surges in India’s Tier II cities, the mix of offline and online shopping heralds a promising future, blending traditional retail with digital innovation. This evolution beckons a future where digital marketplaces become cornerstones of everyday commerce, seamlessly integrating with physical stores. Tier-II cities have recorded a massive surge in retail developments over the last three years…
• CaratLane’s Mithun Sacheti, Binny Bansal back Xeed as Indian founders turn big local sponsors of funds
  15 April 2024, retail.economictimes.indiatimes.com
  In India, founders like Sacheti and Bansal are funding domestic funds like Xeed Ventures. The Rs 600 crore fund, with Premji Invest’s backing, invests in startups like Charcoal.inc and Kredit.pe, led by Sailesh Tulshan…
• Apple loses global leadership in phones to Samsung as iPhone shipments drop: report
  15 April 2024, retail.economictimes.indiatimes.com
  According to IDC, global smartphone shipments increased 7.8% to 289.4 million units during January-March, with Samsung, at 20.8% market share, clinching the top phonemaker spot from Apple…
• Commercial AC market has significant growth potential, says president of appliance makers’ body
  15 April 2024, retail.economictimes.indiatimes.com
  “Overall, the commercial air-conditioning market represents a dynamic and evolving segment with considerable growth potential, driven by ongoing urbanisation trends and the imperative for energy-efficient, smart, and customisable HVAC solutions,” Vachani said…
• Kalyan Jewellers Records 34 pc Revenue Growth, Opens 10 New Stores in Q4
  15 April 2024, indianretailer.com
  Kalyan Jewellers has reported robust quarterly numbers with a 34 percent YoY growth in consolidated revenue in the January-March quarter…
• Royaloak Furniture on Expansion Spree, Launches 168th Store in Assam
  15 April 2024, indianretailer.com
  Royaloak Furniture, India’s furniture brand, has further solidified its presence in Tamil Nadu with the inauguration of a new store in Tiruvallur. With this, the brand marks an impressive 168th store opening in the country…
• Jewelry Brand Zavya Names Ravi Malani as New COO & Co-Founder
  15 April 2024, indianretailer.com
  Zavya has announced the appointment of former Snapdeal senior leadership team member, Ravi Malani, as its new co-founder. The appointment demonstrates Zavya’s resolve to supplement its diverse spectrum of products and augment its core business…
• India Retail Landscape Set for a Recast with AI-Powered Engagement
  15 April 2024, indianretailer.com
  It is no longer about neon lights and fancy storefronts that dictate the footfall into the retail store, the digital window dressing is the real lure. The pandemic has permanently shifted a chunk of the retail traffic to the digital channel and charted an evolutionary path like never before…
• The Growing Case of Millet-Based Breakfasts among Seekers of Nutrition
  15 April 2024, indianretailer.com
  In the ever-evolving landscape of nutritional trends, one remarkable shift has been the growing popularity of millet-based breakfast options among health-conscious individuals…
• ace Turtle wins Images Award of Excellence for India’s First Fully Digitally Integrated Retailer
  15 April 2024, siliconindia.com
  ace Turtle, India’s leading technology-native retail company, has been honored with the prestigious Images Award of Excellence at the India Fashion Forum 2024, organized by Images Group, India’s foremost retail industry publication…
• Walmart-Owned Myntra CEO on Tech, Storytelling and Staying Ahead of the Fashion Retail Curve
  15 April 2024, wwd.com
  Competition has heightened dramatically since Myntra, one of India‘s first focused fashion ecommerce players, first launched in 2007, was then acquired by etail giant Flipkart in 2014, which in turn saw a majority investment by Walmart two years later…
• PVR INOX Unveils Bengaluru’s Largest Cinema
  13 April 2024, rprealtyplus.com
  PVR INOX, the largest and the most premium cinema exhibitor in India, today announced the launch of Bengaluru’s largest cinema at Phoenix Mall of Asia and its largest cinema in South…
• DLF to invest Rs 2,200 crore to build shopping mall in Gurugram
  13 April 2024, realty.economictimes.indiatimes.com
  “We have started construction work of ‘Mall of India’ in Gurugram. The total size of this mall is 26-27 lakh square feet,” DLF’s Vice Chairman and MD (Rental Business) Sriram Khattar told PTI on the sidelines of a CII conference on the real estate sector…
• Kolte-Patil Developers’ sales up 26% in FY24
  13 April 2024, realty.economictimes.indiatimes.com
  Kolte-Patil Developers’ annual sales volumes stood at 3.92 million sq ft in FY24 as against 3.27 million sq ft, registering a 20 per cent year-on-year growth…
• Kishore Biyani settles lenders’ dues by selling SOBO mall to K Raheja Corp
  13 April 2024, retail.economictimes.indiatimes.com
  The settlement was backed by realty developer K Raheja Corp., which acquired SOBO Central Mall. Earlier known as Crossroads, SOBO Central is the country’s first mall, having opened in late 1990s in south Mumbai’s Haji Ali locality…
• Godfrey Phillips to sell 24Seven business, to exit from retail sector
  13 April 2024, retail.economictimes.indiatimes.com
  A decision in this regard was taken following a detailed review of the company’s retail business division and after due consideration of the stakeholders’ feedback, long-term performance, prevailing market conditions of the retail sector and long-term business strategy of the company, it added…
• Beyond Snack eyes geographical expansion with new product launches
  13 April 2024, retail.economictimes.indiatimes.com
  With plans for expansion and new product launches, Beyond Snack is eyeing the Rs 100 crore revenue mark this fiscal year. Manas Madhu, co-founder of the company said, “As ours is an impulse-buying product, our visible presence on the retail shelf adds a lot of value. Hence, distribution and retail visibility will be the key focus in achieving the revenue goals.”..
• Blinkit to deliver Lenskart products in 10 minutes
  13 April 2024, retail.economictimes.indiatimes.com
  “Blinkit customers can now get Lenskart.com products in 10 minutes. Starting with delivering sunglasses and their Hustlr range (Computer Glasses). Curious to see how Hustlr evolves as a brand over time,” the post read…
• Price surge dampens demand for jewellery: Senco Gold
  13 April 2024, retail.economictimes.indiatimes.com
  In the last 30 days, the gold price has jumped about 10 per cent, and in the last six months, it has become costlier by 23-25 per cent. This sharp volatility has hit retail buying sentiment. Eid, Bengali New Year, Akshay Tritiya, and regional New Year festivities are expected to help bring demand into stores…
• Retail inflation eases to five-month low in March
  13 April 2024, retail.economictimes.indiatimes.com
  Annual retail inflation in March was 4.85%, lower than 5.09% in February, and below the 4.91% forecast by a Reuters poll of 50 economists…
• Picky consumers jilting big brands are Unilever India’s new risk
  13 April 2024, retail.economictimes.indiatimes.com
  India’s elite classes are becoming pickier consumers, fueling the success of organic personal-care brands backed by slick social media marketing campaigns. The rise of companies like local upstart Honasa Consumer Ltd, and the inroads made by global names including Estee Lauder Companies Inc. and Clinique Laboratories LLC, is forcing Hindustan Unilever to spend more on product development and advertising…
• Moody’s retains India’s rating with stable outlook; projects over 6% growth in FY25 and FY26
  13 April 2024, retail.economictimes.indiatimes.com
  Moody’s reaffirmed India’s credit rating at Baa3 with a stable outlook, expecting over 6% growth in the next two fiscal years. It cited a balanced credit profile with high growth potential and a stable financing base against high debt and weak affordability. The agency predicted 8% growth in FY24, driven by infrastructure investment and anticipated further growth from private consumption and investment..
• Malls expected to add 8 million sq ft of operational space in 2024
  13 April 2024, financialexpress.com
  Retail leasing is likely to gain added momentum this year, with nearly 8 million sq ft (MSF) of mall supply expected to commence operations across the country, up from 5.95 MSF last year, said real estate services firm Cushman & Wakefield on Friday…
• Demand for industrial & warehousing spaces up 23pc in Jan-Mar across top 19 cities: Report
  13 April 2024, retail.economictimes.indiatimes.com
  The year started on an impressive note, with a strong absorption or leasing of 13.5 million (135 lakh) square feet in January-March 2024 compared to 11 million (110 lakh) square feet in the year-ago period…
• German home appliances maker BSH Hausgeräte GmbH considers India its 2nd largest emerging market
  13 April 2024, retail.economictimes.indiatimes.com
  German home appliances giant BSH Hausgeräte GmbH considers India, alongside Turkey, its second-largest emerging market and a key focus area. With double-digit growth in categories like built-in appliances and dishwashers, BSH eyes sustained growth, aiming for double-digit figures in 2024 amidst the Indian market’s 7-8% growth rate…
• Infinix India CEO emphasizes clear product differentiation amidst smartphone market confusion
  13 April 2024, retail.economictimes.indiatimes.com
  Infinix India CEO Anish Kapoor highlighted the issue of smartphone brands offering similar features, causing confusion among customers. To differentiate, Infinix focuses on clear-cut distinctions for each product. Despite a stagnant market, Infinix saw a 30% year-on-year growth in shipment volumes in 2023, increasing its market share from 2.4% to 3.1%…
• Sleepyhead Launches First Retail Store in India
  13 April 2024, indianretailer.com
  Sleepyhead, a leading D2C lifestyle and innovative sleep solutions brand, has opened its first offline retail store in India. Launched in Banaswadi, Karnataka, this move marks a significant milestone for the e-commerce brand..
• Reliance Retail’s Tira Launched Its Premier Beauty Accessories Line, ‘Tira Tools
  13 April 2024, indianretailer.com
  Tira Beauty, a branch of Reliance Retail, introduced its exclusive label, “Tira Tools,” a premium collection of beauty accessories tailored for today’s discerning consumers…
• Lavie Luxe Launches Exclusive Monogram Collection, Elevating Fashion to New Heights
  13 April 2024, indianretailer.com
  Lavie Luxe, known for its premium fashion offerings, has introduced its latest Monogram Collection, marking a significant step in redefining elegance in fashion accessories…
• TechoSport Debuts Cotflex Fabric for Unbeatable Comfort and Performance
  13 April 2024, indianretailer.com
  TechoSport, an innovator in sportswear, introduces a game-changing advancement in fabric technology: Cotflex. This cutting-edge fabric, developed by TechoSport’s research and development team, marks a significant breakthrough in performance wear…
• Innerwear Brand Bummer Raises Rs 9.25 cr in Pre-Series A1 Funding Round
  13 April 2024, indianretailer.com
  Bummer, a clothing company, has raised 9.25 Crores in a Pre-Series A1 funding round. The funding spearheaded by Gruhas Collective Consumer Fund marks one of its first investments as a fund…
• Piramal Enterprises invests over Rs 500 crore in Puravankara Group’s projects
  12 April 2024, realty.economictimes.indiatimes.com
  The investment encompasses a range of projects, spanning from commercial properties to residential ventures, reflecting a strategic collaboration aimed at bolstering real estate endeavours across multiple regions in India…
• Tata Neu goes live on ONDC F&B in Delhi-NCR, Bengaluru
  12 April 2024, retail.economictimes.indiatimes.com
  Tata Neu, the superapp of Tata Group, also plans to reach more cities in May, sources told ET. ONDC already features two Tata enterprises on the seller side: StarQuick grocery app, and online grocer BigBasket…
• New-gen portfolio accounts for 20% of biz: Rasna Group Chairman Piruz Khambatta
  12 April 2024, retail.economictimes.indiatimes.com
  “The new-generation portfolio, which we launched post covid accounts for 15-20% of our business. However, the conventional portfolio still dominates with 80%. This is for the simple reason that volumes come from mass products,” Khambatta said…
• Reliance’s Tira launches first own label, forays into beauty accessories
  12 April 2024, retail.economictimes.indiatimes.com
  Reliance Retail’s Tira Beauty debuted Tira Tools, a new beauty accessories line featuring Pro Makeup Brushes, Facial Rollers, and Beauty Sponges. The collection caters to professional artists and beauty enthusiasts with ethical, cruelty-free products made from high-quality materials like real jade and quartz. Available online and in-store, Tira Tools aims to revolutionize the beauty industry…
• Bhumi World opens GEBI Business Park in Bhiwandi
  12 April 2024, retail.economictimes.indiatimes.com
  Going ahead, the group is coming up with another retail project – Bhumi World Factory Outlet Mall – spread across 12 acres…
• Non-grocery items deliver bright growth to dark stores
  12 April 2024, retail.economictimes.indiatimes.com
  Quick-commerce platforms like Zepto, Swiggy Instamart and Blinkit are seeing rapid growth in the sale of non-grocery items as they continue to diversify their offerings and enter ecommerce turf…
• Picky consumers jilting big brands are Unilever India’s new risk
  12 April 2024, moneycontrol.com
  The largest consumer company in the world’s most populous nation has provided everyday products from detergent to instant coffee to Indians for decades…
• E-commerce leads in influencer marketing with 27% spend followed by FMCG: Report
  12 April 2024, retail.economictimes.indiatimes.com
  India’s creator economy is thriving, with 2.5-3.5 million creators predominantly engaging on platforms such as Instagram and YouTube. Notably, between 110-170K creators on YouTube are actively monetizing their content, solidifying its position as the leading platform for creator monetization in India…
• Flipkart opens third grocery fulfilment center in Karnataka
  12 April 2024, retail.economictimes.indiatimes.com
  Spread across an area of over 60,000 square feet, the new centre is equipped with a daily dispatch capacity of over 9,000 units per day. With the new unit, Flipkart aims to cater to the rising demand for online groceries across Ballari, Davanagere, Dharwad, Shivamogga, and South and North Goa…
• Amazon sees opportunity to lower costs in fulfillment network, CEO says
  12 April 2024, retail.economictimes.indiatimes.com
  Over the past few months, the company has laid off hundreds of staff in divisions including Amazon Web Services, Prime Video service, healthcare business and Alexa voice assistant unit, extending its massive job cuts over the past two years into 2024…
• FMCG hopes hinge on rains, polls & inflation: Britannia MD
  12 April 2024, retail.economictimes.indiatimes.com
  On Tuesday, private forecaster Skymet predicted a normal monsoon for the year, lifting optimism for farm output and rural demand, crucial for sustained revival of the FMCG sector. Last year saw irregular monsoons with either below normal or erratic rains. India’s villages contribute nearly 40% of annual FMCG sales…
• Shoppers warming up to DMart again by adding more to their cart
  12 April 2024, financialexpress.com
  DMart is getting back to what it used to do the best – convincing shoppers to add more to her cart. According to the retailer’s Q4FY24 update released last week, its standalone revenue for the period jumped 20% year-on-year to Rs 12,393.46 crore…
• Cola, beverage, ice cream makers expect surge in sales as temp soars
  12 April 2024, retail.economictimes.indiatimes.com
  Beverages major PepsiCo said summer months are naturally the most favourable season for its category and it is “optimistic” that its portfolio of brands will continue to delight consumers during the period…
• Ledure Lightings eyes Rs 300 crore revenue in FY 24-25
  12 April 2024, retail.economictimes.indiatimes.com
  The brand has a presence in around 340 cities across India with 600 dealers covering 22,000 retailers…
• OnePlus, Oppo, Xiaomi and other top Chinese smartphone brands are testing GenAI waters on their flagship devices
  12 April 2024, retail.economictimes.indiatimes.com
  “By collaborating with Google to integrate both Gemini and Google Cloud AI into smartphones, and by forming alliances with other industry pioneers for a variety of AI experiences, we are thrilled to ambitiously broaden the scope of mobile AI innovations,” said Nicole Zhang, general manager of AI product for OPPO and OnePlus…
• Heat maps, virtual assistants: Malls ramp up AI use to track business
  12 April 2024, retail.economictimes.indiatimes.com
  Shopping malls keen to know the number of visitors they have, where they are flocking and what services they need are increasingly adopting artificial intelligence (AI), say real estate industry executives and consultants…
• Retail Leasing Expected To Reach 6-6.5 Mn. Sq. Ft. In 2024
  11 April 2024, rprealtyplus.com
  CBRE South Asia Pvt. Ltd., India’s report highlights key trends and projections for the Indian real estate sector this year. According to the report, the estimated leasing in the retail sector is..
• Experion Developers Unveil Its Latest Venture In Noida
  11 April 2024, rprealtyplus.com
  Experion Developers, a fully FDI-funded premium real estate developer and a wholly owned subsidiary of Experion Holdings Pte Ltd, Singapore, is proud to unveil its latest venture in Noida, Uttar Pradesh…
• Gurugram: DTCP removes illegal structures from malls, demolishes three colonies
  11 April 2024, retail.economictimes.indiatimes.com
  In the corridor too, around four to five feet of space was encroached upon by the shop owners. The team first directed all the shopkeepers to move their goods inside and gave a strict warning…
• Cultfit elevates Naresh Krishnaswamy as CEO, Mukesh Bansal takes on executive chairman role
  11 April 2024, retail.economictimes.indiatimes.com
  Naresh Krishnaswamy was previously the head of fitness services at Cultfit. He has been running all key operations at the firm since cofounder and former chief executive Mukesh Bansal moved to Tata Digital as its president. ..
• TPG Growth circles VLCC as Carlyle looks to sell minority stake in wellness company
  11 April 2024, retail.economictimes.indiatimes.com
  Last January, Carlyle paid Rs 2,700 crore to buy a controlling 66% stake in the three-decade-old homegrown brand that gave the buyout fund an entry into a rapidly growing market for wellness products but one that is facing disruption from younger, nimbler, direct-to-consumer (D2C) brands…
• Branded packaged staples regain favor among consumers amid commodity price decline
  11 April 2024, retail.economictimes.indiatimes.com
  This has pushed up the volume or number of units sold growth rate of packaged staples in commodities where prices have fallen as compared to the loose market – in a reversal of trend during FY22 and FY23 when consumers had shifted to loose products due to sky high inflation…
• Dehaat joins B2B agrifood companies in launching consumer brand
  11 April 2024, retail.economictimes.indiatimes.com
  This development comes when venture capital-backed agriculture technology startups are struggling to scale margins on mainstay business and have pared workforces to cut costs…
• Bacardi high on premiumisation of portfolio in India
  11 April 2024, retail.economictimes.indiatimes.com
  According to industry body Confederation of Indian Alcoholic Beverage Companies, alcobev drinks priced over ₹1,000 have grown four times faster than those under ₹500 in calendar 2023. CIABC director general Vinod Giri attributed the increasing trend of premiumisation to a combination of factors. ..
• Retail sector leasing to slow down in 2024
  11 April 2024, retail.economictimes.indiatimes.com
  The sector recorded an all-time high leasing in 2023, taking 7.1 million sq ft across eight cities, which is expected to dip to 6-6.5 million sq ft in 2024, according to CBRE…
• Apple’s India iPhone output hits $14 billion: report
  11 April 2024, retail.economictimes.indiatimes.com
  Apple now makes as much as 14% or about 1 in 7 of its marquee devices from India, a Bloomberg report said, citing people familiar with the matter…
• When we are double the size of our turnover today, flashlights and lighting should be more than 50%: Eveready Industries MD
  11 April 2024, retail.economictimes.indiatimes.com
  Suvamoy Saha of Eveready Industries anticipates rapid growth from the lighting and electrical segment. The company aims to double its turnover in the next few years, focusing on premium products and market regulations for continued success…
• Gokyo Extends Mumbai Presence with Thane and Dadar SIS Outlets
  11 April 2024, indianretailer.com
  Gokyo, the renowned Indian label for outdoor clothing and gear, has recently broadened its footprint in the bustling city of Mumbai by inaugurating new Shop-in-Shop (SIS) outlets within Total Sports & Fitness stores at…
• CHARLES & KEITH Unveils Concept 6 Store at Phoenix Mall, Pune
  11 April 2024, indianretailer.com
  CHARLES & KEITH, renowned for its trendy yet accessible designs, has launched its latest concept store at the bustling Phoenix Mall of the Millennium in Pune, India…
• Tribe Amrapali Set to Open 20th Store, Expanding Retail Footprint Across India
  11 April 2024, indianretailer.com
  Tribe Amrapali, a dynamic sub-brand of the renowned House of Amrapali, is making waves in the Indian retail scene with its contemporary and budget-friendly jewelry designs…
• G-SHOCK Opens First Exclusive Store in New Delhi
  11 April 2024, indianretailer.com
  Casio Computer Co. Ltd, headquartered in Japan and the parent company of Casio India, has launched its first Exclusive G-SHOCK Store in New Delhi, marking the sixth addition to its exclusive store network across the country…
• Flipkart Unveils Grocery Fulfillment Center in Visakhapatnam, AP
  11 April 2024, indianretailer.com
  Flipkart, India’s homegrown e-commerce marketplace, has expanded its footprint with the launch of its grocery fulfillment center in Visakhapatnam, Andhra Pradesh, offering next-day grocery deliveries to local consumers…
• Migsun Group to invest Rs 426 crore to develop mixed-use project in Lucknow
  10 April 2024, realty.economictimes.indiatimes.com
  The company will invest Rs 426 crore to develop a mixed-use development featuring retail spaces and studio apartments. The project has also received RERA approval,” the company said in a statement…
• Keystone Realtors Ltd 41% YoY Growth In Pre-Sales For FY2
  10 April 2024, rprealtyplus.com
  Keystone Realtors Limited announced remarkable performance in pre-sales for the FY24. Pre-Sales for Q4FY24 stood at INR 8.43 Bn showing a growth of 37% QoQ and 78% YoY…
• Blue Star aims to gain market share in residential ACs; launches over 100 new models
  10 April 2024, retail.economictimes.indiatimes.com
  ​Overall, the residential air conditioner market in India stands at around 10 million units as of FY24. Thiagarajan expects the market size to touch 11.5 million units in FY25…
• Malabar Gold & Diamonds surpasses Rs 50,000 crore annual turnover in FY24
  10 April 2024, retail.economictimes.indiatimes.com
  The company aims to open 100 new stores within the next year, along with the addition of 7,000 new employees to its existing workforce of 21,000, reflecting its commitment to inclusive growth. With the strategic expansion plan for India and overseas markets, the brand aims to consolidate its position as a global leader. Beyond its current operations in India, Malabar Gold & Diamonds is set to expand into states like Jharkhand, Goa, Assam, Tripura, and Jammu & Kashmir…
• Ghost Kitchens acquires cloud kitchen company The Shy Tiger in an all-cash deal
  10 April 2024, retail.economictimes.indiatimes.com
  With the focus on growing its own company-owned and operated footprint, launching celebrity brands, and foraying into retail stores, Ghost Kitchens aims to achieve annualised revenue of approximately Rs 200 crore in the next 2 years…
• FMCG companies take the TV, radio route to make a splash in 2023
  10 April 2024, retail.economictimes.indiatimes.com
  FMCG ad volumes on TV grew by over 3% in the last calendar year, with strong growth in the second and third quarters of the year. The top 10 advertisers collectively contributed 69% of TV ad volumes, with Hindustan Unilever dominating the list…
• Amazon ties up with local shops for community new year items
  10 April 2024, retail.economictimes.indiatimes.com
  Shops selling home furnishing, kitchen apparels, personal care, computers and peripherals have also joined Amazon for this occasion. The local partner shops of the e-commerce company are located in Kolkata, Howrah, Durgapur, Nadia, Hooghly and Kharagpur. And the orders will be delivered, said Abhishek Jain, head of local shops at Amazon India…
• Snitch sees sales more than doubling in FY24
  10 April 2024, financialexpress.com
  New-age brands such as Snitch have largely benefitted from consumers shifting to domestic brands, when it comes to clothing, beauty and personal care, over the last 3-4 years…
• How Uber Eats blends the ‘TikTok flavour’ into its app
  10 April 2024, indianretailer.com
  Uber Eats introduces a video feature like TikTok/Instagram to showcase restaurant dishes and chefs, aiming to attract customers. This innovative approach has led to increased orders for new dishes, creating a more interactive and engaging food delivery experience…
• Indians are opting for more processed food and restaurant meals
  10 April 2024, retail.economictimes.indiatimes.com
  Urban elite households at the top of the pyramid spent nearly half their food budget on packaged food, restaurant meals and food delivery in FY23 compared with 41.2% over a decade ago, as per the latest data from the Ministry of Statistics and Program Implementation (MoSPI) and ICICI Securities…
• Homegrown startup VilCart surpasses Rs 100 crore revenue mark in March
  10 April 2024, retail.economictimes.indiatimes.com
  “VilCart is growing every day and with this rapid increase, we are marching towards new milestones. We had a 350 per cent increase in our workforce from 2023 to 2024. The vision is to transform Gramin Kirana stores to Gramin Supermarkets where they have access to all the products in the city,” VilCart Rural CEO, Prasanna Kumar C (CPK) said…
• How Tata is putting the roar in the Make-in-India lion
  10 April 2024, retail.economictimes.indiatimes.com
  Tata Group’s strategic moves in high-tech manufacturing, including semiconductor investments and potential Pegatron acquisition, align with India’s Make-in-India program. The Tata Group is poised for significant expansion in technology fields, with plans to inject over $120 billion into emerging business sectors and group focal points such as semiconductors, defense, electric vehicles, and Air India…
• SPPL launches e-commerce platform, aims to do yearly business of Rs 100 cr
  10 April 2024, retail.economictimes.indiatimes.com
  Homegrown consumer electronics player Super Plastronics Pvt Ltd (SPPL) on Tuesday launched its own e-commerce platform with an aim to do a yearly business of Rs 100 crore…
• Why some offline mobile retailers in India are unhappy with Apple
  10 April 2024, timesofindia.indiatimes.com
  India’s offline mobile retailers association — All India Mobile Retailers Association (AIMRA) – seems to be upset with Apple. The trade body has called out Apple India for what it calls “discriminatory pricing”…
• Blue Star Unveils Extensive Lineup of Affordable and Premium Room Air Conditioners
  10 April 2024, indianretailer.com
  Blue Star Limited, a leading name in home cooling solutions, has announced the launch of its latest range of Room Air Conditioners (ACs) tailored for the upcoming summer season…
• United Spirits Expands Portfolio with 15pc Stake Acquisition in Pistola Agave Spirits Brand
  10 April 2024, indianretailer.com
  United Spirits, a prominent player in the alcohol beverage industry, has taken a significant step towards diversification by acquiring a 15 percent stake in Inspired Hospitality, the parent company of Pistola, for Rs 5.65 crore…
• Lifestyle Appoints Ritesh Mishra as Deputy CEO to Drive Retail Innovation
  10 April 2024, indianretailer.com
  In an exciting development for the retail industry, Landmark Group announced the appointment of Ritesh Mishra as the new Deputy Chief Executive Officer (CEO) of Lifestyle. With an impressive 23 years of experience in the…
• How MAXHUB’s Bold Expansion Plan is Reshaping India’s Tech Landscape
  10 April 2024, indianretailer.com
  In a world where connectivity is king and collaboration is key, interactive technology has become the cornerstone of modern communication…
• Gargi by PNGS Goes Nationwide, Lands in Chennai, Shillong, and Kanpur
  10 April 2024, indianretailer.com
  Gargi by P N Gadgil & Sons (PNGS), a leading name in fashion jewelry, has rapidly expanded its reach by launching Gargi Shop-in-Shop (S-I-S) at Shoppers Stop in Chennai, Shillong, and Kanpur within just a week…
• Amazon.in Witnesses 4X Year-on-Year Surge in Consumer Electronics and Personal Computing Customer Visits in Patna
  10 April 2024, indianretailer.com
  In a significant development, Amazon.in has observed a remarkable fourfold increase in customer visits for consumer electronics and personal computing products in Patna compared to the previous year…
• How MAXHUB’s Bold Expansion Plan is Reshaping India’s Tech Landscape
  9 April 2024, indianretailer.com
  In a world where connectivity is king and collaboration is key, interactive technology has become the cornerstone of modern communication. Leading the charge in this digital revolution is MAXHUB, a dynamic player in the..
• Gargi by PNGS Goes Nationwide, Lands in Chennai, Shillong, and Kanpur
  9 April 2024, indianretailer.com
  Gargi by P N Gadgil & Sons (PNGS), a leading name in fashion jewelry, has rapidly expanded its reach by launching Gargi Shop-in-Shop (S-I-S) at Shoppers Stop in Chennai, Shillong, and Kanpur within just a week…
• 7 Strategies for Consumer Durables Brands to Survive and Thrive
  9 April 2024, indianretailer.com
  India, the fifth largest consumer durables market globally, continues to witness robust growth in its consumer durable business. This growth is led by factors such as the growing retail sector, robust real estate developments, increasing disposable incomes, and ongoing technological innovations…
• The Power of Personalization: Customization Trends in Fashion E-commerce
  9 April 2024, indianretailer.com
  In the dynamic world of fashion e-commerce, staying ahead of the curve often means more than just showcasing the latest trends. Today’s consumers are seeking personalized experiences that resonate with their unique style…
• Swiggy Expands to Dal Lake Houseboats
  9 April 2024, indianretailer.com
  Swiggy’s delivery partners will utilize the renowned Shikharas of the city to make deliveries directly to the doorsteps of the houseboats….
• Anardana Launches in Noida
  9 April 2024, indianretailer.com
  Anardana, a restaurant chain known for its creative reinterpretation of traditional Indian dishes has declared the debut of its latest branch in Noida…
• Summer House Café Expands with New Outlet in Goa
  9 April 2024, indianretailer.com
  Summer House Café debuted in central Delhi and has introduced its latest branch in Goa. Summer House is dedicated to transcending genres, cultures, and limitations to craft memorable experiences…
• Pan-Asian Restaurant Megumi Launches in Mumbai
  9 April 2024, indianretailer.com
  Megumi stands as the newest culinary hotspot in Bandra, inviting guests on an exploration of the rich and varied tastes of Asia…
• Flipkart Introduces Bus Booking Feature on App
  9 April 2024, indianretailer.com
  Flipkart is the Indian-origin digital commerce ecosystem has revealed the introduction of bus services within its app. Through partnerships with various state transport corporations and private aggregators, Flipkart will provide users with access to over 1 million bus connections, spanning more than 25,000 routes nationwide…
• Historic Gross Office Leasing In Chennai, Delhi-NCR, Mumbai & Pune
  9 April 2024, rprealtyplus.com
  The markets of Chennai, Delhi NCR, Mumbai and Pune achieved historic gross leasing highs in Q1 2024 (Jan-March) compared to all previous Q1 performances in these cities…
• BOP Group Collaborates With Migsun Group For Rohini Central Mall
  9 April 2024, rprealtyplus.com
  BOP Group, the leading real estate consultancy firm in the Delhi-NCR region with a legacy of over 17 years, is thrilled to announce its strategic collaboration with Migsun Group, one of the fastest-growing real estate conglomerates in Northern India…
• Keystone Realtors reports 41% increase in sales booking in FY24
  9 April 2024, realty.economictimes.indiatimes.com
  The Mumbai-based company sold 1.21 million square feet area last fiscal, up 17 per cent from 1.04 million square feet in the preceding year, according to a regulatory filing…
• Prestige Estates reports 63% increase in sales bookings in FY24
  9 April 2024, retail.economictimes.indiatimes.com
  “Prestige Group achieved a record-breaking sales milestone of Rs 21,040 crore for FY24, marking a growth of 63 per cent year-on-year,”…
• Tata Digital CEO steps up focus on costs, business cohesion
  9 April 2024, retail.economictimes.indiatimes.com
  Simultaneously, Tata Digital’s online pharmacy 1mg is expected to embark on a major offline expansion by opening retail stores where it will sell medicines and offer medical lab testing facilities, people aware of the matter said. The company has approved the plan in a recent board meeting…
• India footwear market to grow to Rs 191K cr by FY28: Report
  9 April 2024, retail.economictimes.indiatimes.com
  Noting the trend of premiumisation, the report said that an emphasis on premiumization would push the premium footwear market share from 47 per cent in FY2021 to 49 per cent by FY2025. Additionally, the consumer price index is expected to increase the prices of footwear, which in turn will lead to the growth of the footwear industry. In the last 3 years, India has seen an average CPI of 5.5 per cent, the report read…
• Signature Global FY24 Pre-Sales Grow 112%; Collections Rise 62%
  8 April 2024, rprealtyplus.com
  Signature Global (BSE: 543990 | NSE: SIGNATURE), amongst the leading real estate development companies in India with a well-established brand in Delhi-NCR, achieved its best ever quarterly and..
• Embassy Group Invests In Indiabulls Real Estate Via Preferential Allotment
  8 April 2024, rprealtyplus.com
  Embassy Group, the largest shareholder in Indiabulls Real Estate, has invested Rs 1,160 crore through a preferential allotment of shares and warrants. Of this, 25 per cent is upfront, and the balance will be invested over 18 months…
• Phoenix ARC buys two stressed loans from IIFL
  8 April 2024, realty.economictimes.indiatimes.com
  It has offered 15% cash and 85% security receipts for the loans that include one project in Noida and another in Jogeshwari, Mumbai. Phoenix ARC was the only participant in the open auction, the source said…
• Embassy REIT to acquire business park in Chennai for Rs 1,269 crore
  8 April 2024, realty.economictimes.indiatimes.com
  ​In a regulatory filing, Embassy REIT informed that it has agreed to purchase Embassy Splendid TechZone (ESTZ), a Grade-A business park, from sponsor Embassy Group for an enterprise value of Rs 1,269 crore…
• P&G recalls 8.2 million bags of Tide, Gain and other laundry detergents over packaging defect
  8 April 2024, retail.economictimes.indiatimes.com
  According to Friday notices from both P&G and product-safety regulators in the U.S. and Canada, the outer packaging meant to prevent easy access to the liquid laundry detergent pods can split open near the zipper track, posing serious risks to children and others who may ingest them, in addition to possible skin or eye injuries..
• Ubuy crosses $12 million revenue in India, expecting a growth of 30% in FY25
  8 April 2024, retail.economictimes.indiatimes.com
  ​​In an interview with ETRetail, Dhari Al Abdulhadi, CTO and founder, at Ubuy said, “We hope to keep this momentum by continually innovating and expanding our offerings. Our sales figures have been wonderful this year. We are very optimistic about Indian market and expecting a growth of 30% in FY24-25.” Abdulhadi further said that the company is heavily investing in marketing and supply channels to enhance the cross-border shopping experience…
• Indian food market’s competitive intensity higher: MTR owner
  8 April 2024, retail.economictimes.indiatimes.com
  Orkla, a Norwegian investment firm, noted similarities in India’s food preferences with some European countries but highlighted the market’s complexity and heightened competition due to the growing popularity of branded spices. Orkla, which owns MTR and Eastern Condiments, emphasizes the importance of understanding regional variations in India,…
• Deep dive into direct selling – with Gautam Bali, MD, Vestige Marketing
  8 April 2024, retail.economictimes.indiatimes.com
  In this episode, Gautam Bali, managing director of Vestige Marketing, shares valuable insights about the growth of the direct selling industry. He talks about the changing trends, challenges, and opportunities within the industry, emphasizing its consistent progress over the years…
• Luxury market in India rides the new wave of affluent buyers
  8 April 2024, retail.economictimes.indiatimes.com
  2023 was a record year for India’s luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain’s estimates…
• Amazon India rolls out low-cost, unbranded vertical under Bazaar
  8 April 2024, retail.economictimes.indiatimes.com
  ET first reported on February 21 that Amazon was onboarding sellers to list unbranded products — including apparel, watches, shoes, jewellery and luggage — priced below Rs 600…
• Zavya names Ravi Malani as new COO and Co-founder
  8 April 2024, retail.economictimes.indiatimes.com
  Zavya is projected to commence strategic efforts to enhance the brand identity, foster productive partnerships with celebrities and incorporate a streamlined approach in the omnichannel retailing experience…
• Small pizzerias grab bigger share
  8 April 2024, financialexpress.com
  The pizza market in India appears to be mirroring a trend visible in the fast-moving consumer goods (FMCG) industry, as food inflation and the need for more options drives consumers towards cheaper and new alternatives…
• India’s food processing sector poised to reach $535 billion by 2025-26
  8 April 2024, retail.economictimes.indiatimes.com
  Anita Praveen stresses R&D’s vital role in Indian food processing sector growth at the FICCI event. She highlights the importance of waste management strategies, industry-farmer engagement, and quality control for boosting exports…
• Improving macro-indicators, good monsoon to drive consumer demand for FMCG products
  8 April 2024, retail.economictimes.indiatimes.com
  FMCG industry expects growth driven by improving macro-indicators, good monsoon/rabi crops, rural demand pickup, and international business expansion despite currency challenges, aiming for sustainable profitable growth in medium term…
• Buy Indian, Bye Western: Gen Z embraces the home truth
  8 April 2024, retail.economictimes.indiatimes.com
  ​​T​​he contribution of local brands to total sales of true wireless speakers has shot up to 78% in calendar 2023, compared to 48% in 2020, due to more purchases by youngsters, according to latest numbers from Counterpoint Research. For smartwatches, the researcher said the contribution of local brands to total sales is 95% in 2023, from 38% in 2020…
• India-Singapore bilateral trade grew 18.2% to $35.6 bln in FY 2022-23
  8 April 2024, retail.economictimes.indiatimes.com
  The bilateral trade between Singapore and India saw significant growth in 2022-23, reaching USD 35.6 billion, marking an 18.2% increase from the previous year. T Prabakar, the First Secretary (Commerce) at the Indian High Commission in Singapore, highlighted these figures at the Institute of Company Secretaries of India (ICSI) Third International Conference…
• Voltas AC crosses 2 million unit sales mark in FY24
  8 April 2024, retail.economictimes.indiatimes.com
  The performance was attributed to a consistent demand for cooling products during the year, coupled with a strong offline and online distribution network, and new innovative launches, the Tata Group firm said in a statement. “The company achieved over 2 million AC units during this fiscal 2023-24, the highest ever sale of ACs by any brand in a financial year in India, with a volume growth of 35 per cent,” it added…
• Royaloak Furniture on Expansion Spree, Launches its 168th Store in Tezpur, Assam
  8 April 2024, retail.economictimes.indiatimes.com
  With a network of over 200 immersive retail outlets nationwide, Royaloak has established a robust presence in more than 116 key locations, including Hyderabad, Mumbai, Kolkata, Chennai, New Delhi, Bangalore, Bhopal, Ahmedabad, Guwahati and Kochi…
• Livspace says India business becomes ‘cash flow positive’ on robust revenue growth
  8 April 2024, retail.economictimes.indiatimes.com
  “Our revenue has grown 50 per cent CAGR (compounded annual growth rate) in the past two fiscal years. We have become cash flow positive from October-December quarter of 2023-24 in India business, which is 80-85 per cent of our total revenue,” Livspace, co-founder Ramakant Sharma told PTI…
• Trends in the FMCG Industry for 2024
  8 April 2024, indianretailer.com
  The Fast-Moving Consumer Goods (FMCG) industry is undergoing a transformative phase in 2024, shaped by the aftermath of global events and changing consumer dynamics…
• New Balance Steps into Pune with Debut Store at Phoenix Mall
  8 April 2024, indianretailer.com
  New Balance, the iconic sports footwear and apparel brand, has officially inaugurated its first-ever store in Pune, marking a significant expansion move into one of India’s thriving urban hubs…
• Sai Silks Kalamandir Dazzles with Fine Silver Jewellery Debut
  8 April 2024, indianretailer.com
  Ethnic wear powerhouse Sai Silks Kalamandir Ltd (SSKL) has unveiled its latest venture into the world of fine silver jewelry. Branded as Rasamayi, the new jewelry outlet marks a significant expansion of SSKL’s product range, as announced in a press release on Wednesday…
• Quba Homes Unveils ‘RAW’ Collection: Redefining Modern Luxury Furniture
  8 April 2024, indianretailer.com
  Quba Homes is a bespoke furniture styling studio known for incorporating complex and artistic elements into modern designs. Founded in 2019, they curate furniture inspired by both modern and classical eras, delivering design solutions with an emphasis on quality manufacturing…
• The Green Revolution in Kitchens: Embracing Eco-Friendly Appliances for Sustainable Cooking Experiences
  8 April 2024, indianretailer.com
  An eco-friendly way of living is slowly but surely permeating all facets of our existence. After green buildings and green automobiles, it’s now the turn of kitchen appliances to go green. Enter the era of eco-friendly kitchen appliances…
• Baskin Robbins Dives into Anytime Snacking with New Ice Cream Lineup
  8 April 2024, indianretailer.com
  American ice cream giant Baskin Robbins has shifted gears, now offering more than just dessert options with their latest move into the anytime snacking category…
• Havmor Ice Cream Unveils New Summer Flavors to Beat the Heatwave
  8 April 2024, indianretailer.com
  In anticipation of the scorching summer months, Havmor Ice Cream, a beloved brand under LOTTE Wellfood Co. Ltd, has unveiled a tantalizing range of new ice cream flavors…
• Prestige Group acquires 21 acres land in Bengaluru for Rs 450 crore
  6 April 2024, realty.economictimes.indiatimes.com
  The acquired land will be planned for residential development spanning approximately four million sq ft of developable area, comprising around 1,800 apartments…
• Puravankara achieved sales value of Rs 5,914 crore in FY24
  6 April 2024, realty.economictimes.indiatimes.com
  Puravankara’s quarterly sales value stood at Rs 1,947 crore for Q4 FY24, up by 93 per cent as against Rs 1,007 crore in Q4FY23…
• Macrotech Developers achieves pre-sales of Rs 42.3 billion in Q4 FY24
  6 April 2024, realty.economictimes.indiatimes.com
  During FY24, Macrotech Developers added new projects having cumulative gross development value (GDV) of Rs 203 billion in Mumbai Metropolitan Region (MMR), Pune and Bengaluru, exceeding its guidance of Rs 175 billion…
• HUL may scoop out its not-so-vanilla ice-cream business
  6 April 2024, retail.economictimes.indiatimes.com
  HUL exploring selling ice-cream business after making it a separate unit. Ice-cream requires unique manufacturing and distribution. Market competition includes Magnum, Amul, and Kwality. Unilever focuses on similar segments, aiming to improve gross margins…
• Oppo, Realme and OnePlus to have separate sales operations
  6 April 2024, retail.economictimes.indiatimes.com
  China’s BBK Group, the largest smartphone manufacturer, is breaking its sales structure for three brands, Oppo, Realme, and OnePlus, to de-risk the business under increased government scrutiny. The plan is to allow individual brands to have their own sales and marketing teams, ensuring they are not clubbed together in case of further government action. ..
• High temperatures, stability in input costs boost outlook for dairy brands
  6 April 2024, retail.economictimes.indiatimes.com
  Along with high predicted temperatures, stable raw material costs are contributing to the positive outlook of dairy companies. Last year, brands experienced significant pressure on raw material prices, primarily due to a shortage of cattle in the dairy industry. This year, the prices of dairy ingredients have remained relatively stable. However, rising cocoa prices pose a considerable challenge for companies…
• Wooden Street to invest Rs 200 crore to take store count to 300
  6 April 2024, retail.economictimes.indiatimes.com
  Currently, 80 per cent of products of the brand are crafted in-house at its furniture production facilities that span approximately 15 lakh square feet. Going forward, the brand plans to establish 7 to 8 new warehouses in the next 24 to 36 months…
• Demand trends remained sluggish in March quarter, rural growth picked up: Dabur
  6 April 2024, retail.economictimes.indiatimes.com
  Dabur expects consumption to rise with positive rural growth trends, aided by price rollbacks in staple food. The company anticipates revenue growth, market share gains, and increased branding investments, driven by strong performance across segments and international expansion…
• Quick-commerce platform Blinkit to sell PlayStation 5
  6 April 2024, retail.economictimes.indiatimes.com
  Sony will be launching PlayStation 5 in India on April 5. It was launched in the US in November 2023. This is an attempt by the quick-commerce company to push itself beyond groceries and essentials…
• United Spirits acquires 15% stake in alcobev brand Pistola
  6 April 2024, retail.economictimes.indiatimes.com
  An alcohol beverage company, Pistola is engaged in the business of development, marketing and selling of agave spirits. With this investment, United Spirits aims to strengthen its position in the premium craft segment, it said in the filing…
• Swiggy appoints Suparna Mitra as an Independent Director
  6 April 2024, retail.economictimes.indiatimes.com
  Swiggy appointed Suparna Mitra as an Independent Director, joining Anand Kripalu, Shailesh Haribhakti, and Sahil Barua. With 30 years of experience, she holds degrees from Jadavpur University and IIM Calcutta…
• DMart shares jump 6%, hit 52-week high as company reports 20% YoY rise in Q4 revenue
  6 April 2024, retail.economictimes.indiatimes.com
  Avenue Supermarts reaches a 52-week high on posting a 20% YoY revenue growth. The stock has risen 27% in the past 12 months, largely in line with Nifty’s 29% gains. CLSA, meanwhile, recently initiated coverage on the stock…
• Rise of small regional competitors adversely affect larger FMCG companies
  6 April 2024, retail.economictimes.indiatimes.com
  The FMCG coverage universe is expected to report revenue and volume growth of 2.8 per cent YoY and 3.6 per cent YoY, respectively, in Q4FY24 with a five-year CAGR of 8.8 per cent vs 9.0 per cent in Q3FY24, the brokerage said…
• Pansari Group sees a volume increase of 39% in FY24
  6 April 2024, retail.economictimes.indiatimes.com
  Shammi Agarwal, the Director of Pansari Group, stated, “Despite challenges in international markets, including government regulations affecting wheat flour and rice duties, we remained focused on diversification. By using opportunities in the B2B segment, we initiated HoReCa International for our valued customers and ventured into private-label offerings beyond commodity.”..
• Will still grow SSSG in high single digits in the medium-term, says V-Mart Retail
  6 April 2024, cnbctv18.com
  V-Mart Retail, a Gurugram-based hypermarket chain serving smaller towns, is hopeful of growing same-store-sales-growth (SSSG) in high single digits in the medium term…
• Investor Ashish Kacholia Acquires 17.2% stake in Home-grown Burger Chain Jumboking
  6 April 2024, indianretailer.com
  Ace investor Ashish Kacholia has acquired a 17.2% stake in the popular Indian burger chain Jumboking. Kacholia’s share now makes him the second-largest shareholder in the company. The exact amount of the investment has not been disclosed, but it was made through a secondary market transaction following the exit of Triton Fund, an earlier investor in Jumboking, in 2018…
• AIDU Unveils in Hyderabad
  6 April 2024, retail.economictimes.indiatimes.com
  AIDU, meaning “five” in Telugu and Kannada, redefines culinary excellence by bringing together flavors and dishes from Tamil Nadu, Kerala, Telangana, Karnataka, and Andhra Pradesh in one location…
• CKE Restaurants names Brand Presidents for Carl’s Jr. and Hardee’s
  6 April 2024, retail.economictimes.indiatimes.com
  CKE Restaurants Holdings, Inc. (CKE), parent company of Carl’s Jr.® and Hardee’s®, is announcing the appointment of brand presidents for Carl’s Jr., Hardee’s and International…
• Grand Slam Glamm: Serena Williams Partners with The Good Glamm Group
  6 April 2024, indianretailer.com
  In a strategic move to enter the US market, The Good Glamm Group announced today its joint venture with tennis legend Serena Williams’ cosmetics brand, Wyn Beauty…
• Crowne Plaza Greater Noida Appoints Three New Leaders
  6 April 2024, indianretailer.com
  Ankur Raj has been appointed as the Director of Revenue Management at Crowne Plaza Greater Noida. With over 12 years of experience working with renowned brands like Marriott and Wyndham, Ankur will focus on optimizing revenue generation activities and budget planning…
• Prestige Group acquires 21 acres land in Bengaluru for Rs 450 crore
  5 April 2024, realty.economictimes.indiatimes.com
  The acquired land will be planned for residential development spanning approximately four million sq ft of developable area, comprising around 1,800 apartments…
• Puravankara achieved sales value of Rs 5,914 crore in FY24
  5 April 2024, realty.economictimes.indiatimes.com
  Puravankara’s quarterly sales value stood at Rs 1,947 crore for Q4 FY24, up by 93 per cent as against Rs 1,007 crore in Q4FY23…
• Macrotech Developers achieves pre-sales of Rs 42.3 billion in Q4 FY24
  5 April 2024, realty.economictimes.indiatimes.com
  During FY24, Macrotech Developers added new projects having cumulative gross development value (GDV) of Rs 203 billion in Mumbai Metropolitan Region (MMR), Pune and Bengaluru, exceeding its guidance of Rs 175 billion…
• HUL may scoop out its not-so-vanilla ice-cream business
  5 April 2024, retail.economictimes.indiatimes.com
  HUL exploring selling ice-cream business after making it a separate unit. Ice-cream requires unique manufacturing and distribution. Market competition includes Magnum, Amul, and Kwality. Unilever focuses on similar segments, aiming to improve gross margins…
• Oppo, Realme and OnePlus to have separate sales operations
  5 April 2024, retail.economictimes.indiatimes.com
  China’s BBK Group, the largest smartphone manufacturer, is breaking its sales structure for three brands, Oppo, Realme, and OnePlus, to de-risk the business under increased government scrutiny. The plan is to allow individual brands to have their own sales and marketing teams, ensuring they are not clubbed together in case of further government action…
• High temperatures, stability in input costs boost outlook for dairy brands
  5 April 2024, retail.economictimes.indiatimes.com
  Along with high predicted temperatures, stable raw material costs are contributing to the positive outlook of dairy companies. Last year, brands experienced significant pressure on raw material prices, primarily due to a shortage of cattle in the dairy industry. This year, the prices of dairy ingredients have remained relatively stable. However, rising cocoa prices pose a considerable challenge for companies…
• Wooden Street to invest Rs 200 crore to take store count to 300
  5 April 2024, retail.economictimes.indiatimes.com
  Currently, 80 per cent of products of the brand are crafted in-house at its furniture production facilities that span approximately 15 lakh square feet. Going forward, the brand plans to establish 7 to 8 new warehouses in the next 24 to 36 months…
• Demand trends remained sluggish in March quarter, rural growth picked up: Dabur
  5 April 2024, retail.economictimes.indiatimes.com
  Dabur expects consumption to rise with positive rural growth trends, aided by price rollbacks in staple food. The company anticipates revenue growth, market share gains, and increased branding investments, driven by strong performance across segments and international expansion…
• Quick-commerce platform Blinkit to sell PlayStation 5
  5 April 2024, retail.economictimes.indiatimes.com
  Sony will be launching PlayStation 5 in India on April 5. It was launched in the US in November 2023. This is an attempt by the quick-commerce company to push itself beyond groceries and essentials…
• United Spirits acquires 15% stake in alcobev brand Pistola
  5 April 2024, retail.economictimes.indiatimes.com
  An alcohol beverage company, Pistola is engaged in the business of development, marketing and selling of agave spirits. With this investment, United Spirits aims to strengthen its position in the premium craft segment, it said in the filing…
• Swiggy appoints Suparna Mitra as an Independent Director
  5 April 2024, retail.economictimes.indiatimes.com
  Swiggy appointed Suparna Mitra as an Independent Director, joining Anand Kripalu, Shailesh Haribhakti, and Sahil Barua. With 30 years of experience, she holds degrees from Jadavpur University and IIM Calcutta…
• DMart shares jump 6%, hit 52-week high as company reports 20% YoY rise in Q4 revenue
  5 April 2024, retail.economictimes.indiatimes.com
  Avenue Supermarts reaches a 52-week high on posting a 20% YoY revenue growth. The stock has risen 27% in the past 12 months, largely in line with Nifty’s 29% gains. CLSA, meanwhile, recently initiated coverage on the stock…
• Rise of small regional competitors adversely affect larger FMCG companies
  5 April 2024, retail.economictimes.indiatimes.com
  The FMCG coverage universe is expected to report revenue and volume growth of 2.8 per cent YoY and 3.6 per cent YoY, respectively, in Q4FY24 with a five-year CAGR of 8.8 per cent vs 9.0 per cent in Q3FY24, the brokerage said…
• Pansari Group sees a volume increase of 39% in FY24
  5 April 2024, retail.economictimes.indiatimes.com
  Shammi Agarwal, the Director of Pansari Group, stated, “Despite challenges in international markets, including government regulations affecting wheat flour and rice duties, we remained focused on diversification. By using opportunities in the B2B segment, we initiated HoReCa International for our valued customers and ventured into private-label offerings beyond commodity.”…
• Will still grow SSSG in high single digits in the medium-term, says V-Mart Retail
  5 April 2024, cnbctv18.com
  V-Mart Retail, a Gurugram-based hypermarket chain serving smaller towns, is hopeful of growing same-store-sales-growth (SSSG) in high single digits in the medium term…
• Samsung India’s 70% of appliances sales to come from AI-powered products by 2025
  5 April 2024, retail.economictimes.indiatimes.com
  There is an increasing trend and people are seeing value while buying these connected appliances, said Samsung India Senior Director, Digital Appliances Saurabh Baishakhia. Earlier it was limited to just one category but now with the launch of a new ‘Bespoke’ range of AI-powered products, Samsung is aggressively extending this technology to several other categories, he said…
• MSI plans to reach 50 experiential stores mark in India by 2024 end
  5 April 2024, retail.economictimes.indiatimes.com
  “These exclusive stores feature interactive demo zones and enable both existing, and potential customers a premium experience with a hands-on feel of MSI’s latest product range,” said Leon Chang, sales manager at MSI India…
• Investor Ashish Kacholia Acquires 17.2% stake in Home-grown Burger Chain Jumboking
  5 April 2024, indianretailer.com
  Ace investor Ashish Kacholia has acquired a 17.2% stake in the popular Indian burger chain Jumboking. Kacholia’s share now makes him the second-largest shareholder in the company. The exact amount of the investment has not been disclosed, but it was made through a secondary market transaction following the exit of Triton Fund, an earlier investor in Jumboking, in 2018…
• AIDU Unveils in Hyderabad
  5 April 2024, indianretailer.com
  AIDU, meaning “five” in Telugu and Kannada, redefines culinary excellence by bringing together flavors and dishes from Tamil Nadu, Kerala, Telangana, Karnataka, and Andhra Pradesh in one location…
• CKE Restaurants names Brand Presidents for Carl’s Jr. and Hardee’s
  5 April 2024, retail.economictimes.indiatimes.com
  CKE Restaurants Holdings, Inc. (CKE), parent company of Carl’s Jr.® and Hardee’s®, is announcing the appointment of brand presidents for Carl’s Jr., Hardee’s and International…
• Peush Jain Joins Anarock As MD- Corporate Leasing & Advisory
  4 April 2024, rprealtyplus.com
  Real estate industry veteran Peush Jain with over 22 years of experience in global real estate joined as Managing Director- India, Corporate Leasing & Advisory- Anarock – India…
• Jaipur’s Residential & Commercial Circle Rates Increased By 10%
  4 April 2024, retail.economictimes.indiatimes.com
  With the new financial year starting from April 1, residential and commercial circle rates in Jaipur will increase by 10% which will make registration and stamp duty amounts higher…
• Amazon India’s largest seller Appario sold to Clicktech
  4 April 2024, retail.economictimes.indiatimes.com
  Clicktech acquires Appario, Amazon’s top seller, as Amazon divests stakes to comply with ecommerce norms. Appario becomes Clicktech’s owned subsidiary, part of Amazon’s strategy to expand product offerings on the marketplace…
• Good Glamm strikes JV with Serena Williams for beauty brand launch in US
  4 April 2024, retail.economictimes.indiatimes.com
  The Good Glamm Group and Serena Williams partner to introduce ‘Wyn Beauty by Serena Williams’ in the US market, following in the footsteps of other celebrity-led beauty brands like JLo Beauty and Skims…
• 2024: A space odyssey; hypermarts cut shelf space as Q-comm occupies mindspace
  4 April 2024, retail.economictimes.indiatimes.com
  Hypermarkets in malls are losing space due to declining sales due to quick commerce apps like BlinkIt and Zepto. Mall operators like Landmark Group’s Spar India have reduced store sizes and closed some outlets in Delhi NCR and Bengaluru. Reliance Smart Bazaar and Deerika Hypermart have also experienced a decline in sales. The trend has shifted from hypermarkets being the big draw to dining as the new pull factor…
• Apparel exports to grow 8-9% in FY2025: ICRA
  4 April 2024, retail.economictimes.indiatimes.com
  “After a nominal decline in revenues in FY2024, ICRA expects the apparel-exporting companies to report a recovery in FY2025 on a lower base, with replenishment of stock in the US and the EU regions,” said Priyesh Ruparelia, vice president and co-group head, corporate sector ratings, ICRA…
• Livpure registers 60 pc growth in FY 23-24
  4 April 2024, retail.economictimes.indiatimes.com
  This fiscal, Livpure is also planning to open 20-25 EBOs across the country in the kitchen appliances category. These EBOs will be managed either by franchise partners or distributors…
• E-commerce leads in influencer marketing spending with 27%, followed by FMCG: Report
  4 April 2024, retail.economictimes.indiatimes.com
  From tracing the genesis of influencer marketing to delving into the psychology underpinning consumer behavior and from analysing the total market size to examining compelling case studies, the report comprehensively illuminates key trends, challenges, and opportunities within the creator economy…
• How Xiaomi and Realme plan to solve their ‘deep online discounts’ problem on Amazon, Flipkart and other websites
  4 April 2024, retail.economictimes.indiatimes.com
  Xiaomi, Realme, and Samsung products sold below MOP online. Retailers warned and penalized by brands. Online platforms contribute 48% of sales. Complaints sent to Xiaomi and Realme. Stocks repurchased to trace back scalpers…
• Limelight Lab Grown Diamonds receives $1 million investment from two top jewellery houses
  4 April 2024, retail.economictimes.indiatimes.com
  Limelight Lab Grown Diamonds received a US$1 million strategic investment to expand brand presence in India, driven by positive customer response and significant sales growth. The company aims for global expansion with a focus on scaling operations…
• Levi Strauss lifts profit forecast on cost savings, less discounts
  4 April 2024, retail.economictimes.indiatimes.com
  “We’re going to be reducing about 15% of our SKUs and really think about expanding in goods that are actually resonating with the consumer,” Singh said. “What’s really resonating these days is the baggier fit, the low, loose assortment.”..
• Swiggy Instamart VP & Head SCM Karan Arora steps down
  4 April 2024, retail.economictimes.indiatimes.com
  Swiggy Instamart’s vice president and head of supply chain management (SCM), Karan Arora, on Wednesday announced his departure from the company after a three-and-a-half year tenure with the firm…
• Avenue Supermarts’ Q4 revenue soars to ₹12,393 crore, stores reach 365
  4 April 2024, cnbctv18.com
  Avenue Supermarts, the parent company of the retail chain D-Mart, has reported a significant surge in standalone revenue for the fourth quarter of the financial year 2023-24…
• ‘Lifestyle companies experiencing subdued demand across product categories’
  4 April 2024, retail.economictimes.indiatimes.com
  January has been soft, but February was slightly better, benefiting from the wedding season and partly from the extended winter season. Further, the management expects March to be better, due to Holi and Eid celebrations, coupled with election spending…
• Ulta Beauty slumps as CEO warns of lackluster first-quarter demand, drags peers
  4 April 2024, retail.economictimes.indiatimes.com
  “What we’ve seen so far is a slowdown in the total category across price points and segments. That’s a bit earlier and a bit bigger than we thought,” Ulta Beauty CEO David Kimbell told J.P. Morgan analysts during a fireside chat…
• Motorola wants to double its volumes from smartphone sales in 2024, wants to be #3 in India
  4 April 2024, retail.economictimes.indiatimes.com
  Lenovo-owned Motorola aims to double smartphone sales in 2024, targeting a 5% market share from the current 3.5%. Focusing on premiumization, its India business has doubled, with the Edge and Razr series contributing significantly. The company prioritizes online sales but recognizes the need for offline presence. Differentiation through design, partnerships, and AI is emphasized…
• Samsung launches AI-powered home appliances range
  4 April 2024, retail.economictimes.indiatimes.com
  Samsung India introduces AI-powered home appliances with bespoke AI for smarter living, customization, and energy efficiency in the premium market. The range includes refrigerator, air-conditioner, and microwave, all aimed at enhancing user experience…
• Miraggio Launches Empowering ‘Fierce Collection’ – Redefining Style for Modern Women
  4 April 2024, indianretailer.com
  Renowned handbag brand Miraggio unveils its latest innovation, the ‘Fierce Collection’, aimed at empowering dynamic women who balance style and functionality in their daily lives…
• Indian Apparel Exports Set to Surge by 8-9 pc in FY2025
  4 April 2024, indianretailer.com
  The Indian apparel export industry is gearing up for a recovery in the fiscal year 2025. Despite facing challenges in FY2024 due to tepid demand, the industry is expected to bounce back with an estimated 8-9 percent increase in…
• HyFun Foods Launches HyFarm Initiative with Rs. 100 Cr Investment to Revolutionize Fresh Produce Procurement
  4 April 2024, indianretailer.com
  HyFun Foods, the leading exporter of processed fruits and vegetables in India, has unveiled its latest venture: HyFarm. This innovative agricultural procurement and farmer engagement initiative was officially introduced at the HyFun Plant premises in Mehsana, Gujarat, in the presence of MLA Jagdish Vishwakarma and 6,000 farmers…
• Prestige Group Raises Rs 2,001 Cr Investment
  3 April 2024, rprealtyplus.com
  Bengaluru-headquartered realty major – the Prestige Group – has secured an aggregate of Rs 2,001 crore in investment from the Abu Dhabi Investment Authority and Kotak Alternative Investment Fund to finance residential projects across four major cities, the company said in a statement…
• Embassy REIT plans to raise up to $400 million, hires banks: Sources
  3 April 2024, realty.economictimes.indiatimes.com
  Embassy, which manages 45 million square feet (4.18 million square meters) of office parks, has clients including Google, Cisco and IBM who are bolstering their presence in the world’s fifth biggest economy…
• PepsiCo India to invest Rs 1,266 crore to set up flavour manufacturing facility in Madhya Pradesh
  3 April 2024, retail.economictimes.indiatimes.com
  PepsiCo India has planned to invest Rs 1,266 crore in setting up a flavour manufacturing facility in Ujjain, Madhya Pradesh, to expand its beverage production. The plant, scheduled to be operational by early 2026, aims to boost employment and benefit the local economy. The facility will operate on renewable energy, reducing carbon footprint significantly, and prioritize water efficiency with zero liquid discharge technology…
• Ashish Kacholia picks up 17% stake in largest homegrown burger chain Jumboking
  3 April 2024, retail.economictimes.indiatimes.com
  Ace investor Ashish Kacholia has picked up a 17.2% stake in homegrown burger chain Jumboking for an undisclosed amount, becoming its second-biggest shareholder…
• Trying to bring in fresh blood and fresh thinking in VIP, looking at 14% growth, says MD
  3 April 2024, retail.economictimes.indiatimes.com
  VIP Industries, led by Neetu Kashiramka, focuses on regaining lost market share through product enhancements, e-commerce optimization, and market strategy improvements, targeting a significant growth in the luggage industry. Kashiramka says: “From Q4 onwards, it will be double digit growth. So, you will start to see some market share gain starting from Q4 itself.”…
• FMCG sector: Rural demand growth for daily essentials outstrips urban sales
  3 April 2024, retail.economictimes.indiatimes.com
  Rural markets grew 6.5% by volume in both December and January, and by 11.1% in February, according to executives citing NielsenIQ data. Urban markets, in comparison, grew 6.1% in December, 4.7% in January and 8.7% in February, data showed…
• Cold-pressed juice chain The Fresh Press raises pre-series A from Gruhas Collective Consumer Fund
  3 April 2024, retail.economictimes.indiatimes.com
  Currently, the brand operates online operations only in Mumbai via Swiggy and Zomato and will be launching it soon in Hyderabad, Bangalore, Chennai, and Delhi as well and it boasts over 36 stores in 9 cities comprising of 24 shop-in-shops and 12 high-street stores…
• Warner Bros. Discovery elevates Vikram Sharma as Group VP, head of consumer products, APAC
  3 April 2024, retail.economictimes.indiatimes.com
  ​​He will report to Robert Oberschelp, head of Warner Bros. Discovery Global Consumer Products (WBDGCP), and part of Warner Bros. Discovery’s revenue & strategy division helmed by chief revenue & strategy officer Bruce Campbell. Sharma has been with WBD for five years, working and leading teams in consumer products and licensing, ad sales, and partnership roles across multiple territories in the region. Previously, he spent nearly nine years in similar roles with increasing responsibility in India and Southeast Asia with The Walt Disney Company…
• Hair products maker Traya raises Rs 75 crore in funding
  3 April 2024, retail.economictimes.indiatimes.com
  Traya has a range of products to treat issues like hair loss. Before this, the startup has raised about $3 million from investors like Fireside Ventures, Stride Ventures, Kae Capital and Whiteboard Capital…
• Blue Star aims to sell 100,000 smart AC units in FY25
  3 April 2024, financialexpress.com
  Blue Star is targeting the sale of 100,000 smart AC (air-conditioner) units in FY25, a big jump over the 5,000 it sold last year. With this, the company hopes to grow its market share to 15% in FY25 from its current market share of around 13.7%…
• Eureka Forbes appoints Vikas Jayna as chief technology officer
  3 April 2024, retail.economictimes.indiatimes.com
  Before joining Eureka Forbes, Jayna has worked with firms such as Swiggy, OneAssist, Amazon, and InfoEdge India Ltd. On this new role and appointment, he said, “Joining Eureka Forbes as chief technology officer presents an exciting opportunity to leverage technology for enhancing the lives of millions. I look forward to collaborating with the talented team at Eureka Forbes to drive innovation and customer-centric solutions.”..
• The Fresh Press Secures Pre-Series A Funding to Expand Reach in Thriving Cold-Pressed Juice Market
  3 April 2024, indianretailer.com
  Mumbai-based cold-pressed juice chain, The Fresh Press, has secured a substantial Pre-Series A funding round from Gruhas Collective Consumer Fund (GCCF), underlining its commitment to growth and innovation…
• Starbucks Launches First Eco-Friendly Store in India, Earns Top Asia Pacific Accolade
  3 April 2024, indianretailer.com
  Starbucks announced the certification of its first Greener Store in India, while also celebrating being facilitated as the Starbucks ‘Greener Store of the Year’ in Asia Pacific…
• Aditya Birla Fashion and Retail to Split Madura Fashion & Lifestyle into Separate Entity
  3 April 2024, indianretailer.com
  Aditya Birla Fashion and Retail Ltd. (ABFRL) is set to enhance its operational efficiency by vertically demerging its Madura Fashion & Lifestyle business into a separate listed entity. This strategic move aims to create two distinct growth engines, each with a unique capital allocation strategy…
• Wave of Premiumisation is Here to Stay: Tanya Dubash, ED and Chief Brand Officer, GILAC
  3 April 2024, indianretailer.com
  With more than 50 brands associating with Godrej L’Affaire in its sixth edition, the experiential luxury lifestyle platform by Godrej Industries Limited and Associate Companies, received a tremendous response…
• Lee and Suneet Varma Unveil Glamorous Fusion in ‘Denim Beyond Definition’ Collection
  3 April 2024, indianretailer.com
  Lee, the iconic denim brand, has launched its latest signature collection for women, titled “Denim Beyond Definition,” in collaboration with India’s leading couturier, Suneet Varma…
• “India is Undoubtedly a Key Strategic Market for DMCC,” Saeed Al Suwaidi, Director – Agri Commodities, DMCC
  3 April 2024, irecwire.com
  The Dubai Multi Commodities Centre, or DMCC, is a leading global business district that enables trade to and through Dubai. Over 24,000 companies have handpicked DMCC as the place to grow their business…
• Dino Morea Led Juice Brand The Fresh Press Raises Fund from GCCF
  3 April 2024, indianretailer.com
  Cold-pressed juice start-up The Fresh Press has raised an undisclosed amount in pre-Series A funding round from Gruhas Collective Consumer Fund (GCCF), a fund floated by Zerodha cofounder Nikhil Kamath and Abhijit Pai’s VC fund Gruhas in partnership with Collective Artists Network…
• CAARA and PURE HOME + LIVING Unite for Exclusive Experience at Khan Market
  3 April 2024, indianretailer.com
  CAARA and PURE HOME + LIVING (PHL) have unveiled an exclusive collaboration, reshaping the retail and culinary scene in Khan Market. Through their innovative partnership, CAARA’s menu integrates into the lively atmosphere of PHL’s store in Khan Market…
• Radico Khaitan Launches Exclusive Jaisalmer Indian Craft Gin Box Nationwide
  3 April 2024, indianretailer.com
  Radico Khaitan, a prominent Indian Made Foreign Liquor (IMFL) Company has presents the Jaisalmer Indian Craft Gin – The Golden Mirage Limited Edition Box…
• Prestige Group signs Rs 2,001 crore deal with ADIA and Kotak AIF
  2 April 2024, retail.economictimes.indiatimes.com
  Prestige Group will develop projects with gross development value (GDV) of Rs 18,000 crore across four cities – Bengaluru, Mumbai, Goa and the National Capital Region (NCR)…
• Delayed for 12 years, construction of two Unitech projects starts after SC nod
  2 April 2024, realty.economictimes.indiatimes.com
  The move comes after the realtor got the Supreme Court’s permission to start the construction. As many as 1,900 buyers have invested in these two housing projects, which were launched in 2008 and 2009. ..
• Aditya Birla group considers demerger of Madura Fashion & Lifestyle into separate listed company
  2 April 2024, retail.economictimes.indiatimes.com
  Aditya Birla Fashion and Retail Ltd. (ABFRL) announced on Monday its intention to assess the vertical demerger of its Madura Fashion & Lifestyle business from ABFRL into a separate listed company. The decision was made during the Board of Directors meeting, granting authorization to evaluate this strategic move…
• Gold rush to summit sees demand trampled
  2 April 2024, retail.economictimes.indiatimes.com
  Gold prices soar in Kolkata’s Zaveri Bazaar, impacting sales. Jewellers hopeful for a recovery during Akshay Tritiya. Mumbai sees 70% demand slump, while investment in bars rises. Analysts predict further price hikes due to global factors…
• Premiumization is driving growth of food chains like KFC, McDonald’s, Popeyes: ICICI Securities
  2 April 2024, retail.economictimes.indiatimes.com
  Brands are tapping premiumization, Chizza by KFC (a pizza prototype); Oven Baked Pasta in PH and Burger Pizza in Dominos (a unique combination) and The Cajun flavour by Popeyes (the first to tap)…
• India one of the biggest if not our biggest opportunity for growth globally: Heineken CEO
  2 April 2024, retail.economictimes.indiatimes.com
  Heineken’s CEO optimistic about India’s beer market, focusing on premium brands and local growth. The company invests in talent and capacity, aiming for category leadership and social relevance in the evolving market landscape. Brink says: “We are investing a lot in creating the premium capacity so that we can make the Heineken brand more available.”..
• India one of the biggest if not our biggest opportunity for growth globally: Heineken CEO
  2 April 2024, retail.economictimes.indiatimes.com
  Heineken’s CEO optimistic about India’s beer market, focusing on premium brands and local growth. The company invests in talent and capacity, aiming for category leadership and social relevance in the evolving market landscape. Brink says: “We are investing a lot in creating the premium capacity so that we can make the Heineken brand more available.”..
• Election merchandise makes ecomm debut ahead of polls
  2 April 2024, retail.economictimes.indiatimes.com
  With Lok Sabha elections approaching, political merchandise is gaining popularity in India, mirroring trends from the US. Ecommerce platforms like Amazon, Flipkart, and Meesho are witnessing increased demand for ‘election clothing’ including t-shirts, caps, and sweatshirts featuring slogans like ‘NaMo Hat Trick’ and ‘Rahul is Hope’…
• Aditya Birla arm charts revival path for Reebok
  2 April 2024, financialexpress.com
  Aditya Birla Fashion and Retail (ABFRL) has been quietly shoring up the retail presence of Reebok, the sportswear brand whose distribution rights it acquired in December 2021 for India and South East Asian countries at an estimated `100 crore from the Authentic Brands Group, Reebok’s new owner…
• Oh dear! The bill for your dinner date just went up. Blame it on pricey cocoa, coffee, palm oil & sugar
  2 April 2024, retail.economictimes.indiatimes.com
  The cost of dining out and ordering in restaurants is rising, with bills potentially rising 5-8% starting this month. This is the first increase in about 1.5 years, as prices of cocoa, coffee, palm oil, and sugar have surged over the past quarter. Cocoa prices have reached a record, reaching over $10,000 per tonne, following disappointing harvests in key producing countries such as Ghana and Ivory Coast. Cocoa prices have doubled in the January-March quarter from the preceding one, and cocoa butter has risen over 150% in just one year…
• Is rural India wheeling its way out of demand depression?
  2 April 2024, retail.economictimes.indiatimes.com
  FMCG industry sales, to which rural India contributes 35%, have also seen a small uptick recently. The Indian FMCG industry’s volume grew by 6.4 per cent year-on-year in the October-December quarter with an uptick in consumption that was seen both in urban and rural areas, according to a report by analytics firm NielsenIQ…
• DS Group appoints Atom Network as its creative partners for their dairy business
  2 April 2024, retail.economictimes.indiatimes.com
  DS Group is poised to enter a phase in the dairy industry with its brands, Ksheer and Ovino and the mandate includes creative duties for these brands, focusing on ideas and experiences that will accelerate its position in the market, the company stated in a press release…
• Manufacturing and urban demand may fire up FY25 GDP
  2 April 2024, retail.economictimes.indiatimes.com
  Economists are optimistic about India’s economy, forecasting a 7% growth in FY25 driven by improved manufacturing, farm activity, and robust urban demand. Some expect growth to reach 7.8%, emphasizing the need for meaningful job creation. Factors contributing to this outlook include government focus on capital expenditure, strong service sector momentum, and expectations of a broad-based recovery in rural demand due to a normal monsoon. Challenges such as inflation, restrictive interest rates, and the need for sustainable job creation remain key considerations for the economy’s trajectory…
• Online hyper-local marketplace Inknibs plans to deliver stationery in 60-min across select cities
  2 April 2024, retail.economictimes.indiatimes.com
  “With this expansion, we are excited to connect with even more individuals and families, offering them a curated selection of products that inspire creativity and enrich everyday life,” said Divyanshu Solanki, founder and CEO of the company…
• Luxury revolution sweeping India: What’s fueling the shift in consumer preferences?h
  2 April 2024, livemint.com
  During the 17th century, the tulip, a seemingly ordinary flower, became a symbol of luxury and prestige. This surge in popularity sparked speculative trading, driving tulip prices to unprecedented heights, ultimately culminating in what is now…
• Mumbai Sees 14,400 Property Sale Registrations In March’24
  1 April 2024, rprealtyplus.com
  Mumbai city (area under BMC jurisdiction) in March 2024 recorded registration of 14,411 properties, contributing to a revenue of INR 1,143 Crores (Cr) for the state government…
• Alcoholic beverages, jam among 12 items to get export push
  1 April 2024, retail.economictimes.indiatimes.com
  In 2022-23, processed food exports from India amounted to $10.6 billion, increasing at 22.4% compound annual growth rate in five years while the overall agricultural and food exports were around $53 billion, growing 6% year-on-year. India aims to increase agricultural exports to $100 billion by 2029-30 from around $53 billion now…
• Navigating the BPC Industry Landscape – with Zairus Master, Honasa Consumer
  1 April 2024, retail.economictimes.indiatimes.com
  In this episode, delving deep into his wealth of experience, Zairus Master, CBO, Honasa Consumer, shares invaluable insights into the dynamic landscape of beauty and personal care in India. From emerging trends to shifting consumer preferences, we uncover the key factors shaping the industry’s trajectory…
• Ecommerce cart is half full as mass market crowds thin
  1 April 2024, retail.economictimes.indiatimes.com
  Ecommerce sales grew 12-15% in Q1, slower than 2023. No major smartphone launches; fashion clearing inventory. Inflation affects online retail. Beauty brands show growth amidst sluggish market. Home furnishing and offline sales grow…
• Beverages corporation rider strips retailers & tipplers of liquor brand choice in state
  1 April 2024, retail.economictimes.indiatimes.com
  TSBCL instructs retailers to pick up pending indents, regardless of brand preference. Depots operate 24/7 due to fiscal year-end. Govt clears Rs 1,000 crore out of Rs 3,500 crore dues. Companies halt stock supply. Consumers may not get desired brands…
• Amrut: Investors want to raise a toast amid single malt whiskey wave and global cheers
  1 April 2024, retail.economictimes.indiatimes.com
  Amrut Distilleries, a key player in the Indian single malt whiskey industry, is seeing increased interest from investors but remains focused on organic growth. With plans to boost exports and expand market share, Amrut aims to capitalise on the rising demand for premium spirits in India…
• Unfazed by slow start, AC industry expects double-digit growth, over 11.5 mn unit sales this season
  1 April 2024, retail.economictimes.indiatimes.com
  Despite a slow start, the sale of air conditioners in India is expected to pick up with manufacturers aiming for double-digit growth to surpass 11.5 million units in 2025. Factors such as a scorching summer forecast, increased disposable income, and new technological advancements are likely to drive sales…
• Phone companies press the crackdown button on deep online discounts
  1 April 2024, retail.economictimes.indiatimes.com
  After complaints from retailer associations, brands including Xiaomi and Realme are repurchasing stocks selling at lower prices to trace back the retailer and distributor and penalise them, according to correspondence between the two parties ET has seen…
• Top 3 Predictions for the Retail Sector in 2024
  1 April 2024, indianretailer.com
  Given the significant developments in 2023, such as the growth of retail media, generative AI, connected TV (CTV), shoppable content, and digitally enabled stores, 2024 is poised to advance even further and facilitate additional disruptions…
• Clinique’s Online Storefront Hits Amazon’s Premium Beauty
  1 April 2024, indianretailer.com
  Several brands under the Estée Lauder Companies umbrella are slated to launch dedicated storefronts on Amazon’s Premium Beauty platform in the United States within the next few months…
• How Local F&B Businesses can Capitalize on the E-commerce Boom?
  1 April 2024, indianretailer.com
  The food and beverage (F&B) industry has always been a vibrant and dynamic sector, deeply ingrained in the fabric of our society. However, the COVID-19 pandemic brought about unprecedented challenges, forcing…
• Blackstone To Assemble US$25 Bn Portfolio Of Indian PE Assets
  30 March 2024, rprealtyplus.com
  Blackstone plans to assemble a US$25 billion portfolio of Indian private equity assets over the next five years, reflecting the South Asian country’s increasing allure to global investors…
• Nearly half of 611 C&D sites in Delhi haven’t installed air quality sensors
  30 March 2024, retail.economictimes.indiatimes.com
  Delhi’s 611 C&D sites lack sensors. Alerts for data absence and high PM10 levels. TERI and ARAI study shows dust pollution’s significant contribution to Delhi’s air pollution…
• Pizza Hut targeting young demographic in India; focus on value offerings
  30 March 2024, retail.economictimes.indiatimes.com
  “We’ve been on an expansion spree, opening the highest number of restaurants in the past two years than we did in the last two decades, and we’re poised to maintain this growth momentum,” Merrill Pereyra, Managing Director, Pizza Hut Indian Subcontinent, said. Currently, the brand operates in over 850 Pizza Hut restaurants across India. Within this network, over 300 restaurants function as Fast Casual Delco (FCD) restaurants, tailored to the fast-paced lifestyles of on-the-go consumers…
• Kiko hits 99% fulfillment rates and doubles Kirana orders
  30 March 2024, retail.economictimes.indiatimes.com
  “ONDC is constantly working with us to improve processes further and keep improving this metric, and also bring multiple hyperlocal logistics partners on the platform to bring delivery speeds on par with Quick Commerce. We are working to fulfill every retailer’s dream of a successful digital footprint,” Alok Chawla, Co-Founder of Kiko Live, said…
• Top jewellery chains shy away from lab-grown diamonds amid lack of consumer interest
  30 March 2024, retail.economictimes.indiatimes.com
  Top jewellery chains like Kalyan Jewellers and Tanishq are hesitant to adopt lab-grown diamonds due to low demand. Despite the growing popularity globally, Indian retailers like Joyalukkas remain cautious about integrating LGDs into their stores…
• Azorte’s Arrival at Vegas Mall Redefines Delhi’s Fashion Retail Scene
  30 March 2024, indianretailer.com
  Azorte, India’s singular fashion NeoStore, is set to make its debut at Vegas Mall, an esteemed shopping and entertainment hub in Delhi. The recent announcement heralded a strategic partnership, marked by the presence…
• Women Driving Innovation in Retail F&B
  30 March 2024, indianretailer.com
  From technology to finance, women entrepreneurs are breaking barriers and carving out their paths to success, contributing significantly to the global economy…
• Clinique’s Online Storefront Hits Amazon’s Premium Beauty
  30 March 2024, indianretailer.com
  Several brands under the Estée Lauder Companies umbrella are slated to launch dedicated storefronts on Amazon’s Premium Beauty platform in the United States within the next few months…
• Bikano Expands Reach with ‘Madras’ and ‘Tasty Saga’ Flavor Mixtures Launch
  30 March 2024, indianretailer.com
  Bikano, a prominent name in India’s snack industry, has set its sights on the southern market with the introduction of its latest offerings – the “Madras” and “Tasty Saga” Flavor Mixtures. This move signifies Bikano’s commitment to catering to diverse regional tastes and exploring new markets…
• Wendy’s Partners with PAR Technology’s Punchh® for Loyalty Program to Engage Customers
  30 March 2024, retail.economictimes.indiatimes.com
  Iconic fast food chain Wendy’s has joined hands with ParTech, Inc. (PAR), a global restaurant technology leader and provider of unified commerce for enterprise restaurants for industry-leading loyalty and offer solution, PAR Punchh®, to advance its already successful loyalty program into the next generation of customer engagement…
• Sacred Cities See Retail Boom As Spiritual Tourism Rises
  29 March 2024, rprealtyplus.com
  CBRE South Asia Pvt. Ltd. report highlights retail chains capitalizing on the surge in spiritual tourism across 14 key cities in India. As more pilgrims and spiritual seekers visit holy cities in India, retail brands…
• Blackstone plans to add $25 billion in India private equity assets over five years
  29 March 2024, realty.economictimes.indiatimes.com
  Blackstone also intends to bring on 20 more investment professionals to its asset management business in India and double its office space in Nariman Point in downtown Mumbai, according to its head of private equity in Asia, Amit Dixit…
• L Catterton Asia sets up India consumer-focused joint venture with former HUL chief Sanjiv Mehta
  29 March 2024, retail.economictimes.indiatimes.com
  L Catterton has formed a joint venture with former Hindustan Unilever chief Sanjiv Mehta to develop a consumer-focused investment vehicle in India. Mehta will become executive chairman of the fund in India from April 4, 2024, and will be involved with L Catterton Asia and its other global fund platforms. Mehta has over 30 years of experience at Unilever, including serving as president of Unilever South Asia and chairman of Hindustan Unilever. ..
• International brands wooing Indian consumers with local collaborations, exclusive collections
  29 March 2024, retail.economictimes.indiatimes.com
  Key sectors such as fashion, homeware, department stores, and luxury are driving this growth. The entry of international brands into the Indian retail landscape has reshaped the dynamics of both malls and high streets. In 2023, total retail leasing in malls alone stood at 4 million square feet, doubling from the previous year. Similarly, leasing in high streets also saw a significant increase, reaching 2.3 million square feet in 2023, said Anshuman Magazine, Chairman & CEO of CBRE’s operations in India, South-East Asia, Middle East & Africa…
• Home decor brand Nestasia looks to turn EBITDA positive in next quarter; eyes offline expansion with large-format stores
  29 March 2024, retail.economictimes.indiatimes.com
  Looking ahead, Nestasia aims to reach a total of 300 stores by 2027, with the first 50 stores being company-owned and operated (CoCo). According to Tracxn, a startup data platform, the brand’s net revenue stood at Rs 35.87 crore (approximately USD 4.57 million) in the previous fiscal year ending in March 2023. In FY22, it achieved a net revenue of Rs 21.8 crore…
• HUL in initial talks for sale of Pureit
  29 March 2024, financialexpress.com
  The country’s largest consumer goods company, Hindustan Unilever, is looking at a potential sale of its Pureit water purifier business, informed sources have told FE, in an attempt to focus on its core FMCG businesses…
• Mamaearth parent Honasa targets Gen Z users with cosmetic brand Staze
  29 March 2024, retail.economictimes.indiatimes.com
  Honasa Consumer diversifies into colour cosmetics with Staze, targeting young consumers with affordable products. The company’s strategic expansion aims to capture a share of the growing beauty market by introducing new brands and categories…
• 45-50% growth in Amul’s summer product categories likely this year: MD
  29 March 2024, retail.economictimes.indiatimes.com
  Amul India navigates cocoa price surge impact by passing on costs to consumers. However, as Amul is still a value for money brand, it would pinch the consumers much. Partnerships with CAMPCO aid cocoa bean producers. Expansion into the US fresh milk market and focus on ice cream and beverage SKUs drive growth expectations of 45-50%…
• Highlights from India Inc On The Move 2024
  29 March 2024, retail.economictimes.indiatimes.com
  The event brought together policymakers, technologists, and industry stakeholders to discuss and deliberate on the future of manufacturing, efficiency enhancement, circular economy, and the sector’s role in India’s GDP growth…
• ONDC records over 30,000 food delivery orders on Holi
  29 March 2024, retail.economictimes.indiatimes.com
  “Last year, total food orders during the Holi month were 3,000 plus and on Holi, it was less than 100 a day. In contrast, this year during the Holi long weekend (Saturday, Sunday and the holiday itself) we clocked more than 30,000 orders every single day,” Shireesh Joshi, the chief business officer of state-backed ONDC told ETRetail…
• Adani Wilmar bets big on branded food, foresees major revenue boost
  29 March 2024, thehindubusinessline.com
  Adani Wilmar is betting big on its food and FMCG portfolio and expects it to contribute a higher share of its overall revenues. The company is also ramping its direct distribution across rural and urban regions…
• In new-age business, market share may not always mean profitability
  29 March 2024, retail.economictimes.indiatimes.com
  India’s FMCG sector is adapting to digital transformation by investing in digital advertising and engaging in direct-to-consumer trends. Legacy companies face challenges from local brands and digital-first startups as market dynamics evolve…
• Home Depot bulks up Pro-business with $18.25 bln deal for building products supplier SRS
  29 March 2024, retail.economictimes.indiatimes.com
  SRS, a portfolio company of private equity firms Leonard Green & Partners and Berkshire Partners, primarily serves Pro-customers including roofers, landscapers and pool contractors. The firm, which raked in $10 billion in revenue in 2023, will operate as an independent unit within Home Depot…
• Holy cities see retail boom as spiritual tourism increases: CBRE
  29 March 2024, retail.economictimes.indiatimes.com
  “Government initiatives to promote tourism and improve connectivity between pilgrimage sites are further boosting this growth. The rise of online retail platforms offering easy access to faith-based products and services is also a key factor,” said Ayushman Magazine, chairman and CEO – India, South-East Asia, Middle East & Africa, CBRE…
• Kanodia Group Forays In Real Estate With Rs 5000 Cr Investment
  28 March 2024, rprealtyplus.com
  In a strategic move, Kanodia Group, a distinguished business conglomerate, has announced its ambitious foray into the real estate sector. The company has unveiled plans to venture into both residential and commercial segments…
• DLF plans to raise Rs 600 crore through issue of debentures to investors
  28 March 2024, realty.economictimes.indiatimes.com
  The Securities Allotment Committee of the Board of Directors of DHDL has approved the allotment of 60,000 NCDs, having face value of Rs 1 lakh each, for an aggregate principal amount of Rs 600 crore on a private placement basis to eligible investors…
• K Raheja inks pact to jointly develop 2.5-acre land parcel in Mumbai
  28 March 2024, realty.economictimes.indiatimes.com
  The developer’s residential platform and the landlord have finalised a revenue share structure for the proposed joint development, wherein K Raheja Corp will get 57% revenue share, while the balance 43% will go to the landlord…
• Indian Premium League: Premiumisation picks up pace for large consumer goods companies
  28 March 2024, retail.economictimes.indiatimes.com
  More than 70% of the new products launched by India’s largest consumer goods maker Hindustan Unilever in last two years were in the premium segment. Around 65% of all new personal care product launches were in the premium segment for ITC Ltd, doubling the contribution of such products to the division’s sales in the last four years to 38%. For the largest biscuit maker Parle Products, around 60-65% of new launches were in the premium segment as compared to 40% pre-Covid…
• Chai Sutta Bar launches premium cafe chain Kaffee-La
  28 March 2024, retail.economictimes.indiatimes.com
  The company has launched its first Kaffee-La outlet in Indore. Spread across an area of 4,500 square feet, the store offers premium tea and coffee…
• CCI clears Ranjan Pai’s investment in PharmEasy
  28 March 2024, retail.economictimes.indiatimes.com
  The Competition Commission of India (CCI) has cleared Manipal group chief Ranjan Pai’s investment in online pharmacy PharmEasy, according to the latest filing by the antitrust regulator. An additional investment from 360 One (formerly IIFL) in PharmEasy has also been cleared. Ranjan Pai invests in PharmEasy’s funding with 360 One. API Holdings board seats acquired. Rights issue resolves debt. Monthly burn reduction and strategic direction expected…
• Why Daryaganj and Moti Mahal are fighting over Butter Chicken, Dal Makhani in Delhi court
  28 March 2024, retail.economictimes.indiatimes.com
  A legal dispute between Daryaganj and Moti Mahal escalates as Daryaganj challenges alleged defamatory remarks made by Moti Mahal. Moti Mahal disavows the statements, labeling them as an “editorial perspective”. The lawsuit revolves around the ownership of butter chicken and dal makhani’s origins. Moti Mahal asserts their predecessor’s claim while Daryaganj refutes it. The Delhi High Court awaits clarification in this ongoing culinary battle…
• H&M beats earnings expectations as new CEO plots turnaround
  28 March 2024, retail.economictimes.indiatimes.com
  The Swedish group posted an operating profit of 2.08 billion crowns ($196 million), up from 725 million and well above the 1.43 billion expected by analysts in an LSEG poll…
• Coca-Cola’s largest bottler SLMG appoints Costin Mandrea as CEO
  28 March 2024, retail.economictimes.indiatimes.com
  Costin Mandrea appointed CEO of SLMG Group’s Coca-Cola operations, leading transformation initiatives and enhancing market presence in Uttar Pradesh and Uttarakhand with a bottling franchise…
• Varun Beverages completes acquisition of South African bottler BevCo
  28 March 2024, retail.economictimes.indiatimes.com
  Varun Beverages Ltd acquired South Africa’s BevCo and subsidiaries. BevCo now operates as VBL’s subsidiary. VBL issued a ZAR 1,500 million guarantee for credit facilities. The acquisition expands VBL’s presence in Africa’s largest soft drinks market…
• Annapurna Swadisht acquires mustard oil brand Arati for Rs 28 cr
  28 March 2024, retail.economictimes.indiatimes.com
  “We believe this acquisition presents an exciting opportunity that aligns well with our Company’s overall strategy of strengthening our presence as a formidable player in the packaged food industry in semi-urban and rural markets of India,” said Shreeram Bagla, MD, Annapurna Swadisht…
• Tipplers give a Holi high of over 17crore in booze sales
  28 March 2024, retail.economictimes.indiatimes.com
  Weather conditions resulted in an increased sale of beer cans. Demand of IMFL was also up. While shops remain shut on the day colour is played, the excise department tabulates the demand and supply scenario two days prior to the dry day…
• Morgan Stanley raises India’s GDP growth expectation for FY25 to 6.8%
  28 March 2024, retail.economictimes.indiatimes.com
  The forecast for FY24 GDP stood at 7.9%. “We expect GDP growth to track at around 7% in QE Mar-24 with GVA growth of 6.3% and thus F2024e GDP growth of 7.9%,” the company said in its report. ..
• ace turtle Expands Toys”R”Us Presence with First store in Bengaluru
  28 March 2024, retail.economictimes.indiatimes.com
  ace turtle, a leading technology-native retail company in India, has inaugurated Bengaluru’s inaugural Toys”R”Us store at Bhartiya Mall of Bengaluru. This move is part of ace turtle’s strategic initiative to broaden…
• H&M’s Net Profit Surges in Q1 as Cost Control Measures Pay Off
  28 March 2024, indianretailer.com
  H&M announced a significant increase in net profit for the first quarter, showcasing effective cost management strategies. The Swedish retail giant reported a profit-after-tax of 1.2 billion kronor ($113.3 million) from December to February…
• UNIQLO to Launch UNIQLO / INES DE LA FRESSANGE PARIS Range
  28 March 2024, indianretailer.com
  Global apparel giant UNIQLO has revealed plans to introduce the UNIQLO / INES DE LA FRESSANGE PARIS 2024 Spring/Summer collection in India starting from Friday, April 5. This collection of LifeWear pays homage to the effortless Parisian style of Ines de la Fressange, an emblem of French elegance and a global fashion icon for women…
• Bunny Corset Joins Myntra to Expand Presence in India
  28 March 2024, indianretailer.com
  Bunny Corset, a renowned label specializing in high-quality corsets that seamlessly blend functionality with style, has announced its integration into Myntra, one of India’s leading e-commerce platforms…
• Moira Beauty Launches on Nykaa Platform to Expand Reach
  28 March 2024, indianretailer.com
  Moira Beauty, a brand celebrated for its blend of eastern beauty traditions and western cosmetics expertise, is making strides in the Indian retail sector…
• Krispy Kreme shares jump as US partnership with McDonald’s goes national
  28 March 2024, indianretailer.com
  Krispy Kreme said its donuts would be available across McDonald’s U.S. restaurants by the end of 2026 as the companies expand a pilot project, sending its shares surging 23% on Tuesday…
• Super Restaurant La Mar Makes Debut in Mumbai
  28 March 2024, indianretailer.com
  Super Restaurant, La Mar has made its entrance into Mumbai, promising to revolutionize the dining and entertainment landscape…
• Shraddha Kapoor-backed jewellery startup Palmonas to raise around $3 mn
  27 March 2024, retail.economictimes.indiatimes.com
  “We have been bootstrapped to date. Now, we are in the process of closing our pre-series A round for around 3 million dollars,” Mohadikar said…
• Shopsy says its sellers grew 2X during the annual ‘Grand Shopsy Mela’
  27 March 2024, retail.economictimes.indiatimes.com
  Talking to ETRetail, Kapil Thirani, Head of Shopsy, Flipkart said that the March edition of the ‘Grand Shopsy Mela’ saw increased seller participation with sellers reporting a 2X surge in growth…
• Chinese e-commerce giant Alibaba’s bumpy restructuring journey
  27 March 2024, retail.economictimes.indiatimes.com
  Alibaba said on Tuesday it would shelve plans to list its logistics arm, the latest twist in the Chinese e-commerce giant’s restructuring efforts since embarking on the biggest shake-up in its history a year ago…
• Myntra turns Ebitda positive aided by rising user base, brand tie-ups
  27 March 2024, livemint.com
  Online shopping platform Myntra on Tuesday claimed that it turned operationally profitable in the last quarter of calendar year 2023, attributing it to an expanding customer base, premiumization, collaborations with both domestic and international brands, and advancements in technological integration…
• Spice maker McCormick beats quarterly results on steady volumes, higher prices
  27 March 2024, retail.economictimes.indiatimes.com
  Demand for McCormick’s hot sauces and other condiments remained steady as the company increased promotions, and took measures to narrow price gaps between its branded products and private label, slowing the pace of volume decline…
• Ocado Retail quarterly sales up 10.6% as it wins more customers
  27 March 2024, retail.economictimes.indiatimes.com
  The business, a 50:50 joint venture between Ocado Group and Marks & Spencer, said on Tuesday retail revenue was 645.3 million pounds ($816.4 million) in its first quarter to March 3, as active customers rose 6.4% to 1.02 million…
• Embracing sustainability: Path for retailers to meet regulatory obligations, create social value, drive brand loyalty
  27 March 2024, retail.economictimes.indiatimes.com
  By integrating sustainability into their business strategies and operations, retailers can unlock new opportunities for growth, innovation, and resilience in an increasingly competitive marketplace. As governments worldwide enact stricter regulations on environmental and social issues, compliance with sustainability standards has become increasingly important for retailers seeking to access global markets…
• Flyrobe Expands Offline Presence in Bangalore
  27 March 2024, indianretailer.com
  Flyrobe has announced the opening of its second franchise store in Bangalore. Situated in Malleshwaram, this new store signifies another step forward in Flyrobe’s mission to transform fashion consumption and availability…
• WoodenStreet Expands Offline Presence with New Store in Mumbai
  27 March 2024, indianretailer.com
  WoodenStreet, a prominent brand in India’s home furniture, décor, and furnishing sector, continues its expansion by inaugurating a new Light Street store in Mumbai. This move aligns with the company’s aggressive growth…
• FabCuro Sets New Benchmark for Home Decor in Bengaluru
  27 March 2024, indianretailer.com
  FabCuro, a highly anticipated destination for refined home decor, has announced the opening of its inaugural store in Indiranagar, Bengaluru. With a strong commitment to sophistication and craftsmanship, FabCuro aims to set new standards in home decor across India…
• GIVA Hits Century Mark with 100th Store Opening
  27 March 2024, indianretailer.com
  GIVA, one of India’s leading direct-to-consumer (D2C) fine jewellery brands, celebrates a significant milestone with the inauguration of its 100th store in India…
• Q-Commerce Set for 40-45 pc GMV CAGR Over Next 3 Years
  27 March 2024, indianretailer.com
  In the dynamic realm of retail and e-commerce, one phenomenon has emerged as a game-changer: the rapid ascent of quick commerce (q-commerce) in India. With its current market size soaring to $2.8 billion, q-commerce…
• Kalamandir Delves into Ethnic Silver Jewellery Retail in India
  27 March 2024, indianretailer.com
  Kalamandir, a leading name in ethnic fashion, is set to introduce its latest offering: ethnic silver jewellery. Responding to the increasing demand for fine silver jewellery, Kalamandir is pleased to announce the launch of a new division under the “Rasamayi” brand…
• Australian Homewear Brand Anko Shuts India Operations
  27 March 2024, indianretailer.com
  Australian homeware brand, Anko, which launched its operations in the Indian market around early 2023, is reportedly ceasing its operations in the country, according to sources familiar with the developments…
• Pioneering Next-Gen Gaming
  27 March 2024, indianretailer.com
  Established over three decades ago, ASUS has carved a niche for itself in the global market, with a steadfast commitment to its core value of “In Search of Incredible.”…
• CII Western Region Elects New Chairperson and Deputy Chairperson for 2024-25 Term
  27 March 2024, indianretailer.com
  The Confederation of Indian Industry (CII) Western Region has announced its new leadership for the year 2024-25, with Swati Salgaocar appointed as Chairperson and Rishi Kumar Bagla as Deputy Chairman…
• Vintage Coffee and Beverages Ltd Expands Global Market Reach
  27 March 2024, indianretailer.com
  Vintage Coffee and Beverages Limited (VCBL) has revealed its ambitious strategies to strengthen its foothold in the global coffee market, unveiling a series of initiatives aimed at boosting production capacity, widening market…
• Myntra’s Market Surge: 33% increase in Monthly Active Users, Reached 60mn by 2023 End
  27 March 2024, indianretailer.com
  Myntra, a prominent destination for fashion, beauty, and lifestyle products in India, has experienced significant growth, outpacing the online fashion market since the second half of 2023…
• How are Co-Commerce Platforms Enhancing and Transforming the Conventional Retail and E-commerce Industry?
  27 March 2024, indianretailer.com
  Co-commerce platforms are revolutionizing the retail and e-commerce landscape, offering a unique blend of community engagement, personalized experiences, and seamless transactions…
• Moira Beauty Launches on Nykaa Platform to Expand Reach
  27 March 2024, indianretailer.com
  Moira Beauty, a brand celebrated for its blend of eastern beauty traditions and western cosmetics expertise, is making strides in the Indian retail sector. Originating amidst the vibrant beauty scene of the city, Moira…
• Holi boosts sales for packaged mithai and snacks
  26 March 2024, retail.economictimes.indiatimes.com
  As per a survey by Kirana Club, 54.17 per cent of Kirana owners from states including Uttar Pradesh, Bihar, Rajasthan, Maharashtra, Madhya Pradesh, Chhattisgarh, Haryana, Punjab and Jharkhand said that they are seeing an increase in sales of packed mithai…
• Mother Dairy expects 30 pc demand surge this summer for milk products: MD Manish Bandlish
  26 March 2024, retail.economictimes.indiatimes.com
  “As we get into the season, we are all geared up to excite consumers in our golden jubilee year with an array of over 30 new delightful products. The upcoming range will feature around 20 new ice cream products, followed by Greek yoghurts and other dairy products,” Bandlish said…
• UP important market for realme India, says company official
  26 March 2024, retail.economictimes.indiatimes.com
  Realme India focuses on customer loyalty in Uttar Pradesh, cautious market expansion, AMOLED screens for affordable phones, and flagship sensor for improved low-light photography, revolutionizing features in budget-friendly devices…
• Farmley looking to scale up offline presence
  26 March 2024, thehindubusinessline.com
  Besides, in-home consumption, the company is looking to have a bigger presence in on-the-go snacking segment by offering products at affordable prices…
• Pallavi Shroff refuses second term as independent director at Asian Paints
  26 March 2024, thehindubusinessline.com
  Pallavi Shroff, the Managing Partner of Shardul Amarchand Mangaldas & Co, has refused to continue as an independent director on the board of Asian Paints for the second term…
• MillerKnoll plans to set up more showrooms in key cities across India: Official
  26 March 2024, retail.economictimes.indiatimes.com
  The opening up of a dedicated showroom in Chennai in partnership with Buildcraft Interior marks a significant milestone in MillerKnoll’s growth strategy, a company statement said here on Sunday…
• Quick-commerce firms Zepto, Swiggy Instamart bring home the colour in a record Holi-day
  26 March 2024, retail.economictimes.indiatimes.com
  Sales were led by Holi-related items such as colour (gulaal), sweets, pichkaris and flowers. Adjacent categories–white t-shirts, coconut oil–also saw a significant surge in demand, said executives at quick commerce firms…
• ‘Ready-to-eat market in India may grow 45% in 5 years’
  26 March 2024, retail.economictimes.indiatimes.com
  SATS Food Solutions taps into India’s growing ready-to-eat market potential with a focus on automation and IoT at its Bengaluru facility. The company aims to maintain taste consistency and develop new recipes through chef involvement…
• Big brands could pivot easily if TikTok goes away. For many small businesses, it’s another story
  26 March 2024, retail.economictimes.indiatimes.com
  Smaller firms and solo entrepreneurs are bound to feel more pain in the event of a breakup. But if the popular video-sharing service remains under Chinese ownership and Congress bans it, many companies would learn to get along…
• S&P Global raises India’s growth forecast to 6.8% for FY25, lower than current fiscal
  26 March 2024, thehindubusinessline.com
  With the government showing optimism on the growth scenario, S&P Global on Tuesday upped India’s growth forecast by 40 basis points to 6.8 per cent during Fiscal Year 2024-25. However, it is still lower than the 7.6 per cent growth forecast for the current fiscal…
• Home improvement retailer Kingfisher warns profit to fall again
  26 March 2024, retail.economictimes.indiatimes.com
  CEO Thierry Garnier said that while repairs, maintenance and renovation activity on existing homes gave the business resilience, it was cautious on the overall outlook for market growth in 2024…
• Fitness Equipment Brand Powermax Aims to Launch 10 Stores
  26 March 2024, indianretailer.com
  PowerMax, the country’s premium fitness equipment brand, has been making waves since its inception in 2009. Founded with a vision to revolutionize the fitness landscape, PowerMax Fitness has emerged as a symbol of quality, innovation, and customer satisfaction..
• Birkenstock Extends Retail Presence in Eastern India with New Store in Kolkata
  26 March 2024, indianretailer.com
  Birkenstock, the German-based global zeitgeist and purpose brand, has launched its first-ever store in Kolkata. With a history that can be tracked as far back as 1774, Birkenstock, the inventor of the footbed, is expanding its retail footprint in India…
• The Inclusivity Revolution in Regular Merchandise Retail
  26 March 2024, indianretailer.com
  In the ever-evolving world of fashion where discussions are of late dominated by topics surrounding sustainability, traceability, and gender neutrality, one paradigm stands out as a catalyst for transformative change: inclusivity…
• Embracing the Virtual Frontier: 5 Insights into the Future of Retail
  26 March 2024, indianretailer.com
  In retail, the rise of the metaverse and Web 3.0 marks a shift towards new business approaches. Starting from gaming, the metaverse is now driving fresh ways for brands and consumers to interact, especially in retail…
• M3M promoters get interim bail from trial court in money laundering case
  23 March 2024, realty.economictimes.indiatimes.com
  Bansals on Friday appeared before the Special Court (PMLA), Panchkula in compliance of the summons issued by the court on February 20, 2024, directing their appearance…
• Myntra gets distribution rights for fashion brand Next; to open 8- 10 stores
  23 March 2024, retail.economictimes.indiatimes.com
  With this Myntra gets the right to distribute Next’s products and set up branded stores for the fashion retailer in India…
• DOMS acquires 51% stake in bag manufacturer Skido
  23 March 2024, retail.economictimes.indiatimes.com
  Stationery retailer DOMS Industries has acquired 51 per cent of stake in Skido Industries with an initial investment of Rs 51 lakh, marking its entrance into school bag manufacturing, it said in a press release on Thursday. The remaining stake of Skido remains with Sehgals…
• Fast moving consumer goods giants bet big on digital advertisement
  23 March 2024, retail.economictimes.indiatimes.com
  India’s fast-moving consumer goods companies are increasingly relying on digital advertising to attract clients, many of whom now survive on internet content. With pandemic causing behavioural shift, Indians are increasingly turning to internet services such as rapid commerce. If companies want to target Gen Z and Gen Alpha cohorts, online is the only way to reach these digital natives. ..
• Devang Sampat promoted as MD of Cinepolis India
  23 March 2024, retail.economictimes.indiatimes.com
  In his previous role as CEO, Devang focused on leveraging Cinepolis’s international strategies adapted for the Indian landscape and spearheading development plans tailored to the Indian market. Under his guidance, Cinepolis India has experienced remarkable expansion nationwide while consistently delivering unparalleled customer experiences through innovative offerings and world-class facilities…
• Orion India announces expansion of Korean snacks portfolio
  23 March 2024, retail.economictimes.indiatimes.com
  Orion India, a subsidiary of South Korea’s Orion Holdings, is expanding its Indian snacks portfolio by introducing new products and increasing production capacity. The company has also enlisted Palak Tiwari to promote its Turtle Chips franchise in India…
• Decathlon plans to open 10 stores annually in India
  23 March 2024, retail.economictimes.indiatimes.com
  Dykes highlighted the potential of India’s vast domestic market, noting that 60% of Decathlon products sold in India are already made in the country. “We want to get to 90% to 95%, if possible,” Dykes said. “India is already in the top 10 markets and we want it to get into the top five. I feel we are really on the right track at the moment. And let’s hope within the five years it will be in the top five,” he added. The company has 122 stores in 19 states…
• India’s outlook for next fiscal positive: FinMin
  23 March 2024, retail.economictimes.indiatimes.com
  Core inflation is trending downwards, indicating a broad-based moderation in price pressures. The pick-up in summer sowing is likely to help reduce food prices, it added…
• For Nike, ‘it’s gotta be the shoes’ is a thing of the past
  23 March 2024, retail.economictimes.indiatimes.com
  Nike CFO Matt Friend told investors the company was cutting back on supplies of “classic” shoes, including the company’s Air Force 1 sneakers, to focus on upcoming launches and new product development…
• LVMHHermes lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders
  23 March 2024, retail.economictimes.indiatimes.com
  The proposed federal class-action lawsuit, which was filed this week in San Francisco, alleges that Hermes is violating antitrust law by making customers buy other goods in the store before being granted the privilege of buying a Birkin bag from Hermes…
• Restaurants, hotels dole out deals for IPL long weekend, expect a big spurt in business
  23 March 2024, livemint.com
  The Indian Premier League (IPL) is revving up for the opening weekend of its latest edition, with the hospitality sector raring to capitalize on surging demand on the back of a likely heady mix of Twenty20 cricket and festivities…
• How consumer goods manufacturers adapt packaging design to dominate online sales
  23 March 2024, retail.economictimes.indiatimes.com
  Consumer goods makers adapt packaging for e-commerce to combat transit damage, as online sales surge. ITC and Parle enhance packaging, while Dabur and Bagrry’s innovate for online consumers, reducing shipping damages significantly…
• Once burnt, investors curb enthusiasm for Indian startups
  23 March 2024, retail.economictimes.indiatimes.com
  Indian startups struggle as investors cut back. Blume Ventures cautious after Paytm crisis. Funding drop steeper than U.S. and Chinese startups. Prime Minister Modi calls startups India’s “backbone”. Vanguard slashes Ola Cabs’ valuation. Ashish Sharma warns against luck-based business models…
• Fenesta Strengthens Retail Presence with New Showroom in Noida Sector-104
  23 March 2024, indianretailer.com
  Fenesta, a prominent name in India’s windows and doors sector and a market leader, has expanded its retail footprint with the inauguration of a new showroom…
• SSBeauty Unveils Flagship Store at Quest Mall
  23 March 2024, indianretailer.com
  India’s retail landscape welcomes an exciting addition as SSBeauty unveils its latest multi-brand destination at Quest Mall, Kolkata. Retail India News: SSBeauty Unveils Flagship Store at Quest Mall…
• MAXHUB Enhances Global Growth with Microsoft Azure Integration
  23 March 2024, indianretailer.com
  MAXHUB, a prominent provider of interactive display solutions, has revealed its plan to incorporate Microsoft Azure technology into its operations. By leveraging Azure’s capabilities, MAXHUB aims to accelerate its international expansion and advance its AI technology…
• DOMS Industries Acquires SKIDO to Expand into Bag Manufacturing
  23 March 2024, indianretailer.com
  DOMS Industries Limited, a rapidly growing provider of stationery and art materials in India, has entered the bag manufacturing and retailing sector, focusing on school bags, pouches, and related items to strengthen its presence in the back-to-school market…
• Prestige Group acquires 62.5 acres land in Indirapuram Extension
  22 March 2024, retail.economictimes.indiatimes.com
  Prestige Group’s project spans over 10 million sq ft of saleable area, with a projected gross development value (GDV) surpassing Rs 10,000 crore…
• Now, commercial buildings in Chandigarh to follow energy efficiency code
  22 March 2024, retail.economictimes.indiatimes.com
  The code will come into effect from May 1, 2024. Its aim is to make commercial building energy efficient, and help save 20-30% electricity every year…
• Samara Capital eyeing 50% in Del Monte Foods as well as a minority stake in Godrej Tyson Foods
  22 March 2024, retail.economictimes.indiatimes.com
  The proposed deals reflect increasing investor interest in the ready-to-eat packaged foods categories, as convenience and accessibility drive aspirational demand of western-style foods even in tier-3 and 4 markets. On top of that, quick commerce and ecommerce are enabling impulse consumption and deeper reach. Both potential deals are expected to be housed in the new $150 million roll-up platform for packaged foods…
• Between a rock & hot gold, Indians romancing the stone
  22 March 2024, retail.economictimes.indiatimes.com
  Gold and silver prices rallied on Thursday after the US Federal Reserve maintained that it would cut interest rates three times in 2024. The weakening of the dollar and prospects of increased liquidity coupled with lower interest rates sparked the rally, said experts…
• Xiaomi eyes to become a preferred smartphone, AIoT brand for aspirational Indians: Muralikrishnan
  22 March 2024, retail.economictimes.indiatimes.com
  ‘A lot of credit goes to the government, as well as the two large mobile operators, Airtel and Jio. The rate at which they’ve been rolling out the 5G network is unheard of.’..
• Flipkart tweaks merit approach, converts hikes into payouts
  22 March 2024, retail.economictimes.indiatimes.com
  Flipkart changes increment policy, offering merit-linked payouts and 100% bonuses to employees. Lump sum payments replace salary hikes. Last year, Flipkart had frozen hikes of 30% staff including senior leadership among tough macroeconomic conditions. In January 2023, ET had reported that Flipkart has begun a workforce reduction exercise that could see its total team size decrease by 5-7% and be completed by March-April as part of performance reviews…
• Ecommerce firm POP to launch marketplace for D2C brands with its own UPI
  22 March 2024, retail.economictimes.indiatimes.com
  The company said it aims to build this D2C marketplace via a no-frills approach, enabling brands to benefit from deeper data and insights as well as POPcoins…
• Nike set for rare sales drop with focus on US demand, direct-to-consumer pivot
  22 March 2024, retail.economictimes.indiatimes.com
  The sportswear giant has invested in selling more through its own sales channels, including stores and online, instead of increasing inventory at wholesalers to bolster its margins…
• Britain’s Next keeps profit outlook after 5% rise in 2023-24
  22 March 2024, retail.economictimes.indiatimes.com
  The group, which is often considered a useful gauge of how British consumers are faring, said on Thursday it still expected a profit before tax and exceptional items of 960 million pounds ($1.23 billion) in 2024-25, with full-price sales up 2.5%…
• LVMH’s Belloni Leaves No. 2 Role in Luxury Group’s Reshuffle
  22 March 2024, livemint.com
  LVMH’s Antonio Belloni is stepping down as the group’s second-in-command amid a sustained management shakeup at the biggest luxury conglomerate…
• Bisk Farm eyes regional acquisitions to expand distribution & become a national player
  22 March 2024, retail.economictimes.indiatimes.com
  Bisk Farm, a Kolkata-based biscuit and packaged snack company, is considering acquiring regional brands in West and South India to enhance its distribution capabilities and expand its brand presence, according to managing director Vijay Singh…
• Kedaara buys into ice cream maker Dairy Day
  22 March 2024, retail.economictimes.indiatimes.com
  Kedaara Capital invested in South India’s leading ice cream brand, Dairy Day, enabling previous investors to exit. Dairy Day, boasting strong regional presence and impressive growth, planned to expand production and become a national brand. Kedaara’s expertise aimed to help them achieve this goal…
• Target looks to double bonuses this year, Bloomberg News says
  22 March 2024, retail.economictimes.indiatimes.com
  The company will pay 100% of employees’ eligible 2023 bonuses, up from 50% last year, the report said, adding that the increased payouts do not apply to hourly employees…
• Smartphone market’s long tail may grow longer in ’24
  22 March 2024, retail.economictimes.indiatimes.com
  According to Counterpoint Research, Google Pixel smartphones grew their market share in India by 111% on year in 2023 while Lava grew its share by 36%, Transsion by 31%, OnePlus by 33%, and Motorola by 13%. Apple iPhone sales increased 46% last year to reach a record 10 million units…
• Smart home appliance startup Upliance.ai hits Rs 5 million sales in a month; eyes Rs 500 crore sales by CY2025
  22 March 2024, retail.economictimes.indiatimes.com
  Seeing the rising demand for its product and the growth momentum, Upliance.ai aims to reach the Rs 500 crore sales mark by next year’s end. In this calendar year, it is eyeing to close at Rs 150 crore in overall sales. ​​​​The Bengaluru-based brand is now strategically expanding towards accelerating product expansion. This involves significant investments in tooling and advanced manufacturing techniques…
• Amber Group to venture into washing machine segment with Resojet in a JV
  22 March 2024, retail.economictimes.indiatimes.com
  Speaking about their venture into the consumer durables market, the spokesperson of Amber Enterprises said, “This joint venture is a significant step forward for Amber Enterprises as we continue to expand our presence in the consumer durables market. By partnering with Resojet, we gain access to their expertise in manufacturing washing machines, allowing us to offer a wider range of high-quality products to our customers.”…
• Accessorize London Opens Exclusive ‘Jewellery Only’ Store in Bangalore
  22 March 2024, indianretailer.com
  Accessorize London has unveiled its innovative ‘Jewellery Only’ concept store in Bangalore. This specialized retail space is dedicated solely to offering a diverse range of exquisite fashion jewellery, providing a unique shopping experience for fashion enthusiasts…
• Snitch Expands Retail Presence with New Store Launch in Bangalore
  22 March 2024, indianretailer.com
  Snitch, a leading direct-to-consumer (D2C) men’s lifestyle brand in India, announces the opening of its fourth consecutive store in Brigade Road, Bangalore, as part of its rapid expansion into offline retail…
• KISNA Expands Delhi Presence with New Franchise Store
  22 March 2024, indianretailer.com
  KISNA Diamond and Gold Jewellery, a prominent player in India’s jewellery sector, has opened its 4th Exclusive Franchise Showroom in Delhi, NCR. This milestone reflects KISNA’s dedication to offering exquisite diamond and gold jewellery to customers in Delhi…
• Nykaa CEO Falguni Nayar Champions Empathetic Omnichannel Strategy
  22 March 2024, indianretailer.com
  The omnichannel strategy transcends conventional business tactics; it embodies a philosophy rooted in empathy and consumer understanding, aiming to surpass expectations and foster enduring loyalty…
• MMR Housing Market Holds Top Position In Both Supply & Demand
  21 March 2024, rprealtyplus.com
  The MMR housing market holds the top position in both supply and demand, with new launches of approx. 1.57 lakh units in 2023 and sales at approx. 1.53 lakh units – both at all-time high levels…
• ‘All riders will wear red’: Zomato rolls back green uniform for pure-veg fleet amid social media backlash
  21 March 2024, retail.economictimes.indiatimes.com
  Food-delivery company Zomato had on Tuesday announced the launch of a ‘Pure Veg Mode’ service to cater specifically to customers who have a pure vegetarian dietary preference. But the company saw major backlash online…
• Jack Daniel’s maker names Gaurav Sabharwal as MD for India, South Asia
  21 March 2024, retail.economictimes.indiatimes.com
  Based out of Gurgaon, Sabharwal will report to Eveline Albarracin, vice-president and managing director of Brown-Forman ANZPI (Australia, New Zealand, Pacific islands), IMENA (India, Middle East, North Africa) and Turkiye, the US spirits and wine maker said..
• Markets soak in Holi colours, traders see surge in sales
  21 March 2024, retail.economictimes.indiatimes.com
  The supply of colours and water guns from manufacturers has decreased by about 30 per cent this season, said traders of Indore, a major trading centre from where Holi colours and water guns are supplied across the state, Maharashtra and Gujarat…
• Samsung India nears another milestone in smartphone business
  21 March 2024, retail.economictimes.indiatimes.com
  The company accelerated sales spurred by premiumisation with average handset selling prices rising by 22%, higher than the industry average of 17%. The share of no-cost EMI purchases has also increased from 54% to 60% during the year, said Akshay Rao, mobile experience business general manager at Samsung India. Tenure for no-cost EMI schemes too rose to 18 months from 12 months earlier…
• Direct selling industry grew 12% in 2022-23, crosses Rs 21,000 crore in turnover: IDSA
  21 March 2024, retail.economictimes.indiatimes.com
  Indian Direct Selling Association and Kantar’s report revealed a 12% industry growth to Rs 21,282 crore turnover. The sector aims to strengthen with government support, distinguishing from fraudulent schemes through regulatory amendments…
• Startups ‘reverse flip’: Pine Labs, Zepto, Meesho in queue for India return
  21 March 2024, retail.economictimes.indiatimes.com
  Startups such as Pine Labs, Zepto, Meesho are the latest new-age companies looking to move headquarters to India. However, Indian-origin companies looking to move base from the US or Singapore face a hefty levy…
• No slowdown in web commerce, a product of Covid era, even after Covid is long gone
  21 March 2024, retail.economictimes.indiatimes.com
  A whole array of products, from the humble cookie and other daily munchies to pocket-pinching discretionary items such as television sets and refrigerators, are selling on ecommerce sites with frequencies similar to or higher than those through the lockdown days, showed the latest data by market researchers NielsenIQ and GfK India…
• Lee Cooper by Reliance Retail steps into women footwear segment
  21 March 2024, retail.economictimes.indiatimes.com
  For the Lee Cooper brand “Shoes Don’t Judge” is more than just a campaign, it’s a movement that celebrates one’s choices and preferences with zero judgement, the company stated in a press release…
• India Inc On The Move 2024: Accelerating smart and sustainable manufacturing across sectors
  21 March 2024, retail.economictimes.indiatimes.com
  To shed light on the transformative journey of the Indian manufacturing sector and emphasize smart, sustainable practices, Rockwell Automation in collaboration with The Economic Times organized the 5th edition of ‘India Inc On The Move 2024’ (IIOTM) in Chennai…
• Mumbai Travel Retail Private Limited to expand retail space by 30k sq.ft
  21 March 2024, retail.economictimes.indiatimes.com
  At present, MTRPL operates out of seven international airports in the country – Mumbai, Thiruvananthapuram, Amritsar, Lucknow, Jaipur, Ahmedabad, and Mangalore…
• Wearable device maker Ultrahuman raises $35 million from existing investors
  21 March 2024, thehindubusinessline.com
  The company plans to deploy the funds towards building further manufacturing capacity and deeper research in the health tracking space…
• Blue Star eyes consolidating its presence in energy-efficient deep freezers segment
  21 March 2024, retail.economictimes.indiatimes.com
  “The market for commercial refrigeration and cold chain solutions is poised for huge growth and we aim to further consolidate our position by introducing a new and innovative range of energy-efficient and environmentally-friendly products and solutions,” he said…
• Brazilian homeware brand Tramontina enters India market
  21 March 2024, retail.economictimes.indiatimes.com
  The global homeware brand shared with ETRetail that it has devised a retail strategy that encompasses general trade, modern trade, online marketplaces, and its direct-to-consumer platform to reach every household in India. Marcelo Borges, CEO of Tramontina US, said, “We are establishing a highly experienced leadership team in India, led by Aruni Mishra, to oversee operations and ensure the best experience for our Indian consumers.”..
• Mall of the Millennium, Pune, India
  21 March 2024, retail-insight-network.com
  The Mall of the Millennium is a comprehensive and contemporary centre for shopping, dining, and entertainment situated in Pune, Maharashtra, India…
• India’s Retail Market: A Path to $2 Trillion/strong>
  21 March 2024, indianretailer.com
  India’s retail sector is on the brink of transformative growth, with projections indicating a substantial leap to $2 trillion within the next decade, as per a report jointly conducted by the Boston Consulting Group (BCG) and the Retailers Association of India (RAI)…
• Radisson Hotel Group Appoints Nikhil Sharma as MD & ASVP for South Asia
  21 March 2024, indianretailer.com
  Radisson Hotel Group has appointed Nikhil Sharma as the Managing Director and Area Senior Vice President (ASVP) for South Asia, effective April 1, 2024…
• Nykaa Debuts Exclusive Florence by Mills Collection
  21 March 2024, indianretailer.com
  Nykaa has revealed the exclusive debut of Florence by Mills, a beauty brand tailored for Gen Z. Prioritizing clean, budget-friendly, and diverse beauty essentials, Florence by Mills aims to empower its generation to embrace their individual beauty ideals…
• Unveiling Ospree: Mumbai Travel Retail’s Answer to Luxurious Duty-Free Shopping
  21 March 2024, indianretailer.com
  Mumbai Travel Retail Private Limited (MTRPL) has made a strategic decision to streamline its brand identity and revolutionize the duty-free shopping encounter by undergoing a rebranding process to launch OSPREE…
• FOReT Expands Retail Presence across India with Strategic Online & Offline Partnerships
  21 March 2024, retail.economictimes.indiatimes.com
  FOReT, a sustainable, PeTA-approved Vegan Fashion brand, has announced its strategic expansion into multiple new retail partnerships, both online and offline, marking a notable milestone in the brand’s vision to make sustainable fashion accessible to all…
• Havells expects growth in domestic demand for ACs after Holi, eyes global expansion for Lloyd ACs
  20 March 2024, retail.economictimes.indiatimes.com
  By extending its manufacturing operations beyond the Ghiloth facility, which produces air conditioners and washing machines, the company has recently launched a new AC manufacturing plant in Sri City, Andhra Pradesh. Following a significant investment, the firm’s production capacity has now doubled, crossing the 2 million units per annum mark…
• PepsiCo to replace Coca-Cola at Subway’s US locations
  20 March 2024, retail.economictimes.indiatimes.com
  Coca-Cola brands like Sprite, Fanta and Diet Coke will begin to disappear from the sandwich chain beginning in January 2025, and will take several months to replace across Subway’s network of franchisee-owned restaurants…
• Evaluating various future options for ice cream business in India, says HUL
  20 March 2024, retail.economictimes.indiatimes.com
  “As far as the Indian ice cream business is concerned, we are evaluating the various options in light of this announcement. We will discuss this with the HUL Board and Unilever management in the coming months. Once the approach is finalised, we will communicate further,” said a HUL spokesperson in response to a query over the impact of Unilever’s decision on the Indian business…
• Indian alcohol cos can raise a toast to higher sales, better margin: ICRA
  20 March 2024, retail.economictimes.indiatimes.com
  ICRA predicts a positive outlook for the alcohol industry in FY2025, with revenue growth expectations for domestic companies and IMFL companies, alongside a promising season for beer companies…
• Looking at high single-digit volume growth in business: United Breweries MD
  20 March 2024, retail.economictimes.indiatimes.com
  Vivek Gupta of United Breweries anticipates high single-digit volume growth, emphasizing innovation, category growth, and margin recovery to drive balanced growth over the next five years, with a focus on premium and economy brands. Gupta says: At this stage, we are very positive about our momentum on the Kingfisher business. Based on our trends, we continue to gain market share behind all these innovations and I feel very positive about Kingfisher momentum as well.”…
• Bombay Shaving Company appoints Durgesh Chugh as the chief sales officer for India and international markets
  20 March 2024, retail.economictimes.indiatimes.com
  Chugh will bring strong expertise to the new role at Bombay Shaving Company as the brand plans to significantly expand its offline penetration and presence in core hair removal and adjacent categories…
• India Inc On The Move 2024: Accelerating smart and sustainable manufacturing across sectors
  20 March 2024, retail.economictimes.indiatimes.com
  To shed light on the transformative journey of the Indian manufacturing sector a and emphasize smart, sustainable practices, Rockwell Automation in collaboration with The Economic Times organized the 5th edition of ‘India Inc On The Move 2024’ (IIOTM) in Chennai…
• Apple taps big and small retailers to boost iPhone market share in India
  20 March 2024, retail.economictimes.indiatimes.com
  Retailers ET spoke to said Apple was earlier hesitant to get displayed in small retail outlets, but that has changed now. The company is also helping with finance options, even for retailers doing very small volumes. Further, additional incentives are being given to retailers for meeting targeted sales like increased margins, freebies etc…
• The Body Shop Advances Retail Expansion Plans in India
  20 March 2024, indianretailer.com
  The Body Shop, an internationally renowned ethical beauty brand originating from Britain, aims for substantial growth in India…
• Michael Kors Opens New Lifestyle Store in Ahmedabad
  20 March 2024, indianretailer.com
  Michael Kors has announced the inauguration of a Michael Kors Lifestyle store in Ahmedabad, India, this January. Spanning 2,106 square feet, the store is situated in the prestigious Palladium Mall, known for its array of luxury fashion brands…
• ITC Achieves Top Water Management Certifications in India
  20 March 2024, indianretailer.com
  Multi-business conglomerate ITC Limited has secured the prestigious Platinum-Level AWS (Alliance for Water Stewardship) Certification for two of its advanced units in Ranjangaon, Maharashtra, reaching the highest global standard for water management…
• Tramontina Expands Reach in Indian Retail Market
  20 March 2024, indianretailer.com
  Tramontina, a globally recognized houseware brand with a rich Brazilian heritage spanning a century, has announced its eagerly awaited entry into the Indian retail market. With a presence in over 120 countries, the…
• Livpure Q3 Results: Reports Robust Financial Growth, Driven by Strong Revenue Growth
  20 March 2024, indianretailer.com
  Livpure, a prominent player in India’s home and living consumer product sector, has announced impressive financial results for the third quarter of the fiscal year 2023-24…
• Novamax Appliances Sets Sights on Doubling Sales
  20 March 2024, indianretailer.com
  Novamax Appliances, a leading home appliance brand in India, aims to double its figures by the next financial year while introducing a fresh line of products to capture the market…
• Tira Beauty Welcomes SKIN1004 to Indian Retail Landscape
  20 March 2024, retail.economictimes.indiatimes.com
  SKIN1004, the renowned Korean skincare brand, has entered the Indian retail market through an exclusive partnership with Reliance Retail’s Tira Beauty…
• upliance.ai Sees Demand Spike Following Shark Tank
  20 March 2024, indianretailer.com
  The creators of India’s first AI Cooking Assistant, upliance.ai, have experienced a notable uptick in demand after their recent feature on Season 3 of Shark Tank and a timely infusion of Rs 34 crore funding from Khosla Ventures…
• Urbanic Bags $150 mn to Transform Fashion Industry
  20 March 2024, indianretailer.com
  London-based fashion brand Urbanic, known for its innovative approach to fashion, has closed a $150 million Series C fundraising round, with support from investors including Mirabaud Lifestyle Impact and Innovation Fund..
• All Day Dining & Bar ‘Freny’s’ Unveils in Mumbai
  20 March 2024, indianretailer.com
  Freny’s is a recently opened all-day dining and bar concept created by Chef Freny Fernandes, situated in Bandra. The menu at Freny’s is an expression of Chef Freny’s life and her deep love for a variety of tastes. Drawing from her East Indian background, the menu enhances classic dishes with modern flair..
• The Pantry Partners with Celebrity Nutritionist Neha Sahaya for Healthy Menu Revamp
  20 March 2024, indianretailer.com
  The Pantry’s ‘Guilt-Free Goodness’ Launches Fresh Menu in Partnership with Celebrity Nutritionist and Wellness Expert, Neha Sahaya. The Pantry is renowned for its diverse selection of nutritious meals has joined forces with Neha Sahaya to introduce a guilt-free indulgence menu…
• CYK Hospitality Launches Nagari Restaurant
  20 March 2024, indianretailer.com
  CYK Hospitalities has played a crucial role in introducing the innovative ‘Nagari’ restaurant to Agra. CYK Hospitalities offered a complete range of services, including menu development, staff recruitment and training, recipe creation, and SOP establishment…
• Kishore Biyani offers Rs 476 cr for a Mumbai mall after Runwal’s win
  19 March 2024, retail.economictimes.indiatimes.com
  The Biyani offer comes just days after creditors had approved a Rs 475-crore bid from Runwal Group for the asset through an auction process, multiple people familiar with the development said…
• Startup Mahakumbh | Blinkit will be bigger than Zomato in a year: Deepinder Goyal
  19 March 2024, retail.economictimes.indiatimes.com
  Zomato is not the same company it was 16 years ago when it was launched, founder Deepinder Goyal said. These comments come as the food delivery company plans to take Blinkit beyond just grocery delivery and essentials and venture into ecommerce…
• Donear Industries to open 50 EBOs focusing on neo-stretch fabric
  19 March 2024, retail.economictimes.indiatimes.com
  “We will also be establishing a chain of MBO stores under the Donear Group umbrella. These outlets will serve as one-stop destinations, showcasing collections ranging from premium luxury fabrics to general apparel,” Rajendra V. Agarwal, managing director, Donear Industries Limited told ETRetail…
• Fashion, grocery, general merchandise to capture 2/3rd of e-commerce by 2027: Falguni Nayar
  19 March 2024, retail.economictimes.indiatimes.com
  Nayar said that in today’s phygital (physical plus digital) world- understanding consumer patterns, behaviours and preferences is paramount in order to solve consumer concerns…
• P&G India appoints Kumar Venkatasubramanian as CEO
  19 March 2024, retail.economictimes.indiatimes.com
  Kumar comes with over 24 years of experience across different roles in the sales function. He started his journey with P&G in the sales team and is currently leading the P&G business in Australia and New Zealand as CEO…
• Indians opting for premium products, say Lenskart, BlueStone founders
  19 March 2024, retail.economictimes.indiatimes.com
  Bansal said people are willing to pay for a brand not because of its advertising, but because of the promise and trust it embodies…
• Want to drive premiumisation in accessible as well as value for money offerings: Bata India MD & CEO
  19 March 2024, retail.economictimes.indiatimes.com
  Gunjan Shah, Bata India CEO, strategizes to propel Power brand growth through EBOs, targeting wider audience accessibility. Leveraging trends in athleisure, the focus is on premiumisation and meeting consumer aspirations through digital and retail expansion. Shah says: “We are not going to stop at just one store. In the next 18 months, we plan to have at least about 50 stores across the country.”…
• Third Wave Coffee’s CEO Sushant Goel steps down, former KFC CEO Rajat Luthra to take charge
  19 March 2024, retail.economictimes.indiatimes.com
  Third Wave Coffee, from being a roastery with a single store in Koramangala to now having over 100 stores across 8 cities had recently raised USD 35 million in Series C funding from Creaegis and existing investor WestBridge Capital…
• Alibaba groceries arm Freshippo CEO to retire, to be replaced by CFO
  19 March 2024, retail.economictimes.indiatimes.com
  The leadership reshuffle at Freshippo is the latest one at e-commerce giant Alibaba Group, which has seen a number of its senior leaders depart or move into new roles as the company undergoes a restructuring and strategy rethink…
• Retailers report 5% Y-o-Y growth in February
  19 March 2024, retail.economictimes.indiatimes.com
  In February 2024, retail sales increased by 5%. Sports goods, footwear, and QSR showed growth. East India weakened, while CDIT products faced challenges. Middle-class consumers stretched budgets…
• Pfizer to slash stake in Sensodyne toothpaste-maker Haleon to 24%
  19 March 2024, financialexpress.com
  Haleon stated that Pfizer is to sell approximately 630 million Haleon ordinary shares by means of a public offering in the United states…
• Livpure’s water-as-a-service business soars with a 77% QoQ revenue growth in Q3 FY24
  19 March 2024, retail.economictimes.indiatimes.com
  Rakesh Kaul, managing director, Livpure, said, “We are delighted with the remarkable growth achieved in the third quarter, particularly in our flagship Water-as-a-Service category.”…
• PrabhuBhakti Opens First Physical Store in Ayodhya, India
  19 March 2024, indianretailer.com
  In a significant step towards merging spirituality with modern fashion, PrabhuBhakti, a pioneering direct-to-consumer (D2C) startup specializing in Devotion and Style, has announced the inauguration of its inaugural…
• Malabar Gold and Diamonds Opens Chandni Chowk Store
  19 March 2024, indianretailer.com
  Malabar Gold and Diamonds, the world’s sixth-largest jewelry brand, celebrated the inauguration of its latest store in Chandni Chowk, Delhi. The 2300 sq. ft. store, the 12th in Delhi NCR and the 29th in the North region, was…
• Sai Silks Expands Retail Footprint with New Store in Tamil Nadu
  19 March 2024, indianretailer.com
  Ethnic apparel retailer Sai Silks Kalamandir Ltd. (SSKL) has inaugurated its latest store under the Kancheepuram Varamahalakshmi Silks format in Tamil Nadu, marking its 60th establishment nationwide and the ninth in the state…
• Louis Philippe and Van Heusen Expand Retail Presence in Qatar
  19 March 2024, indianretailer.com
  Indian conglomerate Aditya Birla Group’s fashion brands, Louis Philippe and Van Heusen, have extended their global footprint with the inauguration of new stores in Qatar, according to a press release issued by the parent company…
• Lee Cooper Disrupts Flagship Women’s Footwear Segment with ‘No Shoe Party’
  19 March 2024, indianretailer.com
  Lee Cooper, the renowned denim brand, organized an exclusive “No Shoe Party” in Mumbai to unveil its flagship women’s footwear collection. This marked Lee Cooper’s entry into the women’s footwear segment, with a…
• BSH Home Appliances Marks its Advent in the Cleaning Category in India
  19 March 2024, indianretailer.com
  BSH Home Appliances Pvt. Ltd a subsidiary of BSH Hausgeräte GmbH, a global leader in the home appliance industry, has introduced the Bosch Unlimited 7 Handstick Vacuum Cleaner for Indian consumers…
• Skechers Showcases Streetwear Capsule at Lakme Fashion Week
  19 March 2024, indianretailer.com
  American footwear and apparel brand Skechers made its inaugural appearance at Lakmē Fashion Week in partnership with the Fashion Design Council of India (FDCI), unveiling a streetwear apparel capsule collection…
• Decathlon to Ramp Up Retail and Manufacturing Investments in India
  19 March 2024, retail.economictimes.indiatimes.com
  Decathlon, the French sports retailer, is intensifying its efforts to expand production and strengthen its retail presence in India, which Barbara Martin Coppola, its Global CEO, describes as one of its “most important” global markets…
• Fractional ownership of real estate assets through SM REITs
  18 March 2024, realty.economictimes.indiatimes.com
  Fractional ownership of real estate can offer diversification, accessibility to high-value properties, and potential investment returns, but it also comes with risks and complexities (such as low rental yield during COVID-19)…
• Raymond looks to enhance relevance for the younger generation; continue expanding footprint across India
  18 March 2024, retail.economictimes.indiatimes.com
  While speaking at the Summit on the topic – ‘Navigating future horizons amidst changing consumer realities’, Sunil Kataria, CEO of Raymond Lifestyle shared profound insights into the changing consumer behavior pre- and post-pandemic. “It is one of the most difficult things to predict consumer behavior. It takes a lot of intuitive judgment based on research to get the right consumer insight and post Covid it has become more difficult,” he said…
• Decathlon to accelerate investments in India on production, retail expansion: Global CEO
  18 March 2024, retail.economictimes.indiatimes.com
  Decathlon expects to continue its “high growth rate” from the Indian market, which is also emerging as an important manufacturing hub for the sports retailer, from where it currently exports around 65 per cent of production to global markets, she added…
• Ace Turtle to expand Funky Monkeys’ play areas in Toys”R”Us stores across India; looks to open 10 new stores by 2024 end
  18 March 2024, retail.economictimes.indiatimes.com
  In 2023, Ace Turtle unveiled the first Toys“R”Us store in India in Hyderabad and the flagship high-street store in Mumbai.​​​​​ Speaking on the plans of scaling the toy retail chain presence in India, Nitin Chhabra, CEO of Ace Turtle, said, “We plan to scale Toys”R”Us presence from 2 stores currently to 12 stores across India by the end of the year.”..
• Mother Dairy to invest Rs 750 crore to set up two dairy, fruits and vegetables processing plants
  18 March 2024, retail.economictimes.indiatimes.com
  “In our endeavour to expand our distribution and reach to our consumers, we have earmarked a capital expenditure (capex) outlay of over Rs 750 crore to enhance our dairy and F&V (fruits and vegetables) processing capacities across key locations,” Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish told PTI. Mother Dairy is coming up with a big dairy plant in Nagpur, Maharashtra with an investment of around Rs 525 crore, he said…
• Selecting the right location, maintaining relationships, brand’s performance important in leasing retail space in malls: Industry experts
  18 March 2024, retail.economictimes.indiatimes.com
  Choosing the right location for the store, maintaining relationships with the landlord or mall operator and brand’s overall performance are a few important factors that should be focused on while leasing retail space in malls, said industry experts at the Great India Retail Summit 2024 that was held in Mumbai last month…
• Urban Company partners with Blinkit to deliver its water purifiers
  18 March 2024, retail.economictimes.indiatimes.com
  The water purifiers from Urban Company will delivered within 30 minutes via Blinkit and subsequently be installed in three hours. This service was started on Sunday in parts of Delhi NCR, Mumbai, Bengaluru, Kolkata and Hyderabad…
• Consumer data utilisation for customized offerings important to build lasting connections with customers: Industry experts
  18 March 2024, retail.economictimes.indiatimes.com
  Consumer data utilization for customized offerings, product design, and creating emotional connect at stores between brands and consumers are the key areas that should be focused on to provide a better consumer experience and build lasting connections, said industry experts at the Great India Retail Summit that was held in Mumbai in February 2024…
• Samsung Anticipates 24% Surge in Rs 30,000 Smartphone Market, Unveils Galaxy A55 and A35
  18 March 2024, indianretailer.com
  In an exciting development for tech enthusiasts, Samsung predicts a substantial 24 percent surge in the Rs 30,000-50,000 smartphone segment this year…
• The Future is Female: Trends and Opportunities for Women Entrepreneurs in the Global Marketplace
  18 March 2024, indianretailer.com
  We’re witnessing a tidal wave of women taking charge, shattering the glass ceiling, and building empires in the world of entrepreneurship. Forget the days when women were expected to be confined to the home front…
• Organic World Revolutionizes Personal Care & Hygiene Market with Eco-Friendly Categories
  18 March 2024, indianretailer.com
  The Organic World (TOW), India’s premier destination for organic and natural groceries, has unveiled a groundbreaking expansion in its personal care and hygiene line. In response to a burgeoning demand for…
• La Pink Diversifies into Body Care Segment with New Shower Gel Collection
  18 March 2024, indianretailer.com
  La Pink, a pioneering name in personal care, marks a significant milestone with its foray into the body care domain, unveiling an exquisite range of shower gels…
• BuzzworksLivpure Launches Allura with 30-Month Free Maintenance Setting New Industry Benchmark
  18 March 2024, indianretailer.com
  Livpure, a prominent player in India’s home and living consumer product sector, has introduced the game-changing Allura range of water purifiers, redefining standards in the market…
• Gousto Partners with Popular Kids TV show Bluey
  18 March 2024, indianretailer.com
  Gousto, a leading meal kit delivery service, has announced an exciting partnership with the popular kids’ TV show “Bluey,” in collaboration with BBC Studios…
• Kool-Aid Partners with Phenom Elite
  18 March 2024, indianretailer.com
  Phenom Elite has announced an exciting collaboration with Kraft Heinz’s renowned beverage brand, Kool-Aid, to introduce the groundbreaking Quantum Speed Cleats and VPS4 Gloves…
• Buzzworks By Brigade Group Launches Managed Offices At WTC Annexe
  16 March 2024, retail.economictimes.indiatimes.com
  Brigade Group, a real estate developer in India, proudly announces the launch of BuzzWorks at WTC Annexe, situated within Brigade Gateway in Malleswaram-Rajajinagar. Boasting 10 storeys of real estate…
• 2023 was best ever year for Bulgari in India, and 2024 looks even better: CEO Jean-Christophe Babin
  16 March 2024, retail.economictimes.indiatimes.com
  Bulgari is planning to grow its presence in India by opening more boutiques in Bengaluru, Hyderabad and Mumbai. It is also looking to expand its footprint from the current 12 stores in six cities to about 20 stores in at least a dozen cities through multi-brand partners…
• McDonald’s North & East onboards ONDC
  16 March 2024, retail.economictimes.indiatimes.com
  McDonald’s North and East partners with ONDC for exclusive products. ONDC also collaborates with street food vendors to boost small-scale operator demand. The initiative aims to enhance accessibility and customer reach…
• FMCG growth to remain in slow lane this year
  16 March 2024, retail.economictimes.indiatimes.com
  A report by Emkay Global Financial Services on Friday said that the corporate commentary on the Fast-Moving Consumer Goods (FMCG) sector has highlighted the muted demand setting prevailing in Q4FY24, which has been projected by data agencies for CY24…
• Small-town consumers spent more on durables & education, less on staples: Report
  16 March 2024, retail.economictimes.indiatimes.com
  Indian consumers in tier-2, tier-3, and rural markets prioritize consumer durables, education, and services over staples. The Bharat Lab’s report highlights changing spending patterns, emphasizing the importance of sub-regionality and value consciousness, impacting sectors like fuel and tourism across different states…
• Godrej Interio plans to expand its mattress category to Rs 250 cr in next 3 years
  16 March 2024, retail.economictimes.indiatimes.com
  Dev Sarkar, Senior Vice President (B2C), Godrej Interio said, “With a commitment to innovation and customer well-being, we are poised to grow our mattress category by 20 per cent CAGR for the next 3 years.” The increasing spending capacity of individuals, rising awareness about the importance of mattresses on overall health and sleep quality are some of the key factors driving the market, the company said…
• ‘53% consumers did not receive refund for inherently defective products’
  16 March 2024, business-standard.com
  More than half of Indian consumers did not receive any replacement or refund for inherently defective high-value products they owned in the last five years, according to a new survey released on Friday…
• Mango adapts as climate change makes fashion less seasonal
  16 March 2024, retail.economictimes.indiatimes.com
  The clothing industry used to work according to clearly delineated seasons, but global warming means it needs to adapt to periods that can include a mix of hot and cold temperatures and produce pieces that reflect those transitions, Ruiz said…
• Deliveroo beats earnings guidance, sees positive cash flow in 2024
  16 March 2024, retail.economictimes.indiatimes.com
  The company, which competes with Just Eat Takeaway and Uber Eats, said total orders fell 3% year-on-year but rebounded a touch in the final quarter to be unchanged on the year…
• Higher empowerment helping women influence major consumption decisions: Report
  16 March 2024, retail.economictimes.indiatimes.com
  Women’s influence on consumption decisions in India is growing, with notable presence in sectors like IT and consumer staples. The rise in female representation on boards and workforce reflects changing societal norms and increased financial independence…
• Businesses are ready for April’s total solar eclipse with celestial-themed doughnuts and beer
  16 March 2024, retail.economictimes.indiatimes.com
  Closer to eclipse day, there are likely to be more special products and promotions from national brands springing up, like Moon Pie’s “eclipse survival kit,” made up of four mini versions of the chocolate snack and two pairs of eclipse glasses…
• Bata India Redefines Sportswear Retail with Power Brand Outlets
  16 March 2024, indianretailer.com
  Bata India is revamping its approach to sports shoes and activewear with the relaunch of Exclusive Brand Outlets for the renowned brand ‘Power’. Originating from Canada, Power is globally recognized for its high-performance…
• Birkenstock Expands Retail Presence with Debut Store in Kolkata
  16 March 2024, indianretailer.com
  Birkenstock, renowned for its iconic footwear and rich history dating back to 1774, has announced the opening of its inaugural store in Kolkata, India. Situated at Quest Mall and spanning 580 sq.ft, this strategic location…
• Samsung Anticipates 24% Surge in Rs 30,000 Smartphone Market, Unveils Galaxy A55 and A35
  16 March 2024, indianretailer.com
  In an exciting development for tech enthusiasts, Samsung predicts a substantial 24 percent surge in the Rs 30,000-50,000 smartphone segment this year. This projection comes alongside the launch of its latest premium segment…
• The Future is Female: Trends and Opportunities for Women Entrepreneurs in the Global Marketplace
  16 March 2024, indianretailer.com
  We’re witnessing a tidal wave of women taking charge, shattering the glass ceiling, and building empires in the world of entrepreneurship. Forget the days when women were expected to be confined to the home front…
• Godrej Interio Aims for Rs 250 cr Retail Expansion in India’s Mattress Market
  16 March 2024, indianretailer.com
  Godrej and Boyce, the cornerstone of the Godrej Group, have revealed plans for their retail arm, Godrej Interio, to elevate its mattress category to Rs 250 crore within the next three years…
• Innovational Agility Unleashed: The Mattress Industry’s Tech-Infused Future
  16 March 2024, indianretailer.com
  In this dynamic retail vista where technological advancements continue to shape and reshape consumer experiences, the $212 million-strong Indian mattress industry is undergoing a major transformative revolution…
• Wacoal’s New Everyday Elegance T-shirt Bra Hits Indian Shelves
  16 March 2024, indianretailer.com
  Discover superior fit and unmatched comfort this season with Wacoal’s latest ‘Everyday Elegance T-shirt Bra’ collection. Featuring sleek molded cups and underwire support, this T-shirt bra ensures enduring comfort and seamless wear…
• WOW Skin Science Debuts Sunscreen Solutions Tailored for Indian Consumers
  16 March 2024, indianretailer.com
  WOW Skin Science, a prominent beauty, skincare, and wellness brand in India, has recently introduced its latest offering – WOW Sunscreen. This new range of sunscreen gels and sprays is meticulously crafted to suit the…
• Organic World Revolutionizes Personal Care & Hygiene Market with Eco-Friendly Categories
  16 March 2024, indianretailer.com
  The Organic World (TOW), India’s premier destination for organic and natural groceries, has unveiled a groundbreaking expansion in its personal care and hygiene line. In response to a burgeoning demand for…
• Bhumika Group Leases 50% Of NHPC Metro Station Retail Area
  15 March 2024, rprealtyplus.com
  Setting New Benchmarks in Retail Development, Bhumika Group Continues to Redefine the Industry Landscape with Tata’s Zudio and Shoppers Stop among Key Signings…
• Kishore Biyani’s daughters Ashni and Avni to re-enter retail space
  15 March 2024, retail.economictimes.indiatimes.com
  Foodstories will be an 8000-sq ft retail format dining café that will also sell a wholly organic estate-to-cup coffee program, a single-origin chocolate experience, bespoke cheese, single-origin spices and dry fruits, farm-sourced fruits and vegetables. Avni Biyani said, “We’re building a community and platform for the dedicated entrepreneurs, growers, farmers, artisans, and food lovers.”…
• Essentials milk, rice, soap, and turmeric prices increased by 10-20% in last year: Survey
  15 March 2024, retail.economictimes.indiatimes.com
  According to a survey by Kirana Club, about 49 per cent of Kirana owners said that milk prices have increased by 10 – 20 per cent in the last year. Majority of respondents indicated a similar jump in prices of soap, detergents, and spices in the last year. ..
• Swiggy merges InsanelyGood with Instamart
  15 March 2024, retail.economictimes.indiatimes.com
  InsanelyGood currently operates in Bengaluru only after a scaledown from six cities last year to reduce cash burn. Orders placed on the service before 11 pm usually get fulfilled by 7 am the following day…
• Elle Decor Kitchens and Wardrobes to open 45 outlets in 8 years
  15 March 2024, retail.economictimes.indiatimes.com
  The average store size of the brand spans across 2,500-4,000 sq ft area and CAPEX for opening a store stands at Rs 1.5-2 crore…
• ONDC starts pilot to onboard street food vendors in Delhi, Lucknow
  15 March 2024, moneycontrol.com
  ONDC’s plan is to scale up the network nationwide with more seller and buyer apps. The pilot has already started in Delhi with two street vendors in the Saket locality onboarded through Zomato-backed Magicpin…
• Under Armour’s founder Plank to return as CEO
  15 March 2024, retail.economictimes.indiatimes.com
  Plank founded Under Armour in 1996 and served as the company’s top boss till 2019. In January 2020, Plank was appointed as the company’s executive chair and brand chief…
• India second-largest region for VC investments in Asia-Pacific: Report
  15 March 2024, retail.economictimes.indiatimes.com
  India retained its position as the second-largest destination for venture capital and growth funding within the Asia-Pacific region last year, a report showed on Thursday…
• Anveya Living eyes EBITDA profitability in FY 25
  15 March 2024, retail.economictimes.indiatimes.com
  The 5-year-old company, which clocked Rs 39 crore in revenue last fiscal, is aiming to clock Rs 85 crore this fiscal…
• Blue Star to invest Rs 250 cr in next fiscal to raise AC manufacturing capacity
  15 March 2024, retail.economictimes.indiatimes.com
  The company now has a production capacity of 10 lakh room air conditioners across its various manufacturing facilities, including the Sri City unit. “Plans are there to raise the manufacturing capacity to 1.8 million units in the near future,” Blue Star Managing Director B Thiagarajan told reporters here…
• Nexus Select Trust to expand mall portfolio amid southern India’s retail boom
  15 March 2024, moneycontrol.com
  The company is in talks to acquire 1 million square feet of mall space; outlines the strategic shift towards acquiring brownfield projects, while emphasising preparedness to swiftly integrate acquired malls into its structure…
• Hamleys Expands Presence in Italy with New Flagship Store in Rome
  15 March 2024, retail.economictimes.indiatimes.com
  Hamleys, a toy brand under Reliance Brands, has extended its reach in Italy with the inauguration of its second flagship store in Rome, situated within Galleria Alberto Sordi. This strategic move, in collaboration with Giochi Preziosi S.P.A., a prominent toy manufacturing and distribution company in Italy, follows closely after the recent opening of a store in Milan…
• Looks Salon Expands Presence with New Prive Outlet in New Delhi
  15 March 2024, indianretailer.com
  Looks Salon, a leader in luxury beauty experiences, has announced the opening of its 6th Privè outlet in New Delhi’s Malcha Marg area. This latest addition signifies a significant milestone for the brand, reinforcing its status as an innovator in the beauty and wellness sector…
• How Indian Brands Like Malabar Gold & Diamonds Are Shaping Global Trends
  15 March 2024, indianretailer.com
  In recent years, India has emerged as a significant player in the global luxury goods market, harnessing its technological prowess and embracing sustainability initiatives…
• Pantaloons to Redefine Professional Fashion with ‘Workdrobe’
  15 March 2024, indianretailer.com
  Pantaloons has introduced its latest campaign, ‘Workdrobe,’ aiming to celebrate the unique style of every woman and encourage them to express their authentic selves in the workplace…
• Avvatar Achieves Trustified Gold Standard
  15 March 2024, indianretailer.com
  Avvatar, the pioneering 100 percent vegetarian whey protein brand from Parag Milk Foods, has achieved a significant milestone by becoming the first brand to attain the esteemed Trustified Gold Certification in India…
• AIWA India Unveils Next-Generation Sound Bars for Enhanced Home Theater Experience
  15 March 2024, indianretailer.com
  Designed to evoke deep emotional connections through music, the KANDO sound bar series brings listeners into a world of immersive audio experiences. Named after the Japanese word for profound appreciation, these sound…
• Clinikally Elevates Skincare and Haircare Retail with Luxe Segment
  15 March 2024, indianretailer.com
  Amidst the rising prominence of skincare and wellness, Clinikally, backed by Y-Combinator, introduces ‘Clinikally Luxe’—a luxury skincare and haircare segment…
• Cureskin Bags $20 mn to Enhance Dermatology Access
  15 March 2024, retail.economictimes.indiatimes.com
  Cureskin, an AI-powered dermatology platform offering clinically proven skin and hair health solutions, has secured $20 million in Series B funding. Led by HealthQuad, a prominent digital health-focused venture capital…
• Madame Sets Sights on Endless Aisle; Aims to Revolutionize Customer Experience
  15 March 2024, irecwire.com
  With endless aisle functionality in place, it will focus on consolidating its presence and delivering exceptional experiences to consumers…
• High Street Stores Top As Leasing Choice For Luxury Brands
  14 March 2024, rprealtyplus.com
  CBRE South Asia Pvt. Ltd., and PHD Chamber of Commerce and Industry, announced the findings of the joint report that highlights luxury retail leasing patterns across various retail formats from 2022 to 2023…
• DLF’s subsidiary sells 4.67 acres land in Chennai for Rs 735 crore
  14 March 2024, realty.economictimes.indiatimes.com
  DLF Home Developers (DHDL), a wholly-owned material subsidiary of DLF, has approved the proposal for raising of funds for an aggregate principal amount of up to Rs 600 crore on a private placement basis…
• Foreign portfolio investment lap up REITs, InvITs, wrap up earlier commitments
  14 March 2024, realty.economictimes.indiatimes.com
  Data released by the National Securities Depository (NSDL) showed the increase in FPI investment in the hybrid category was primarily driven by $842 million worth of overseas investment in February. ..
• Zepto experiments with platform fees in profitability push
  14 March 2024, retail.economictimes.indiatimes.com
  The firm is charging a platform fee of Rs 2 per order, over handling charges that can range between Rs 5 to Rs 20, depending on factors like order size, location and time of day. This is different from rival quick-commerce platforms like Zomato-owned Blinkit and Swiggy Instamart that only charge handling fees…
• India’s food safety regulator working on stricter rules for health supplements
  14 March 2024, retail.economictimes.indiatimes.com
  The authority had received several complaints about many non-compliant health supplements being sold in the market, according to anofficial, after which it conducted a drive across the country to check nutraceuticals and health supplements for quality and safety throughout their manufacturing and sale process…
• India to be among top 5 markets for Decathlon in next 5 years; to increase local sourcing to over 90 pc: Top exec
  14 March 2024, retail.economictimes.indiatimes.com
  French sports retailer Decathlon considers India a “big priority” market and aims to be among its top five global markets within the next five years. It plans to add 10 new stores annually, increase online sales, and raise local sourcing to over 90% to boost competitiveness in the Indian sports and athleisure segment. Decathlon’s sales in India grew by 37% in the financial year ending March 2023…
• Amul vision is to be the biggest dairy in the world; already exporting to almost 50 countries: MD
  14 March 2024, retail.economictimes.indiatimes.com
  Amul is deeply expanding into rural areas, with a revenue target of Rs 80,000 crore ending March this year. They dominate the cheese market and plan to increase capacity. Amul’s value added products contribute to farmers’ livelihoods and provide value for money to consumers. They aim to become the biggest dairy brand globally, focusing on competitive pricing and strong distribution…
• HTL Group Singapore plans to expand offline stores presence in India; eyes 25-30% growth in 2024
  14 March 2024, retail.economictimes.indiatimes.com
  Going ahead in the third quarter of 2024, it also plans to open 10 exclusive stores for the three brands in all the key metro and tier 1 cities including Mumbai, Bangalore, Pune, Delhi, Hyderabad and Chennai, said Manoj Kumar Nair, country head – brands (HTL Group Singapore) India & Middle East. Cumilatively, the company is looking to expand presence to over 50 stores by this year end…
• India’s retail inflation to remain above 5% till May: SBI Research report
  14 March 2024, retail.economictimes.indiatimes.com
  India’s retail inflation expected to decline to 3% in July. Protein items and vegetable prices increased in Feb. Core CPI declined to 52-month low. RBI raised repo rate to 6.5%. Maharashtra and Uttar Pradesh contribute to inflation. SBI Research suggests publishing detailed vegetable prices…
• Snitch appoints Maruthy Ramgandhi as its CTO
  14 March 2024, retail.economictimes.indiatimes.com
  In his new role, Ramgandhi will focus on developing the company’s product strategy, ensure emerging technology and will be responsible for overseeing the implementation of technological strategies, read the release…
• Zara owner Inditex posts record net profit for 2023
  14 March 2024, retail.economictimes.indiatimes.com
  Zara owner Inditex, the world’s biggest fashion retailer, on Wednesday reported its highest-ever profits in 2023 thanks to buoyant sales and its policy of raising prices. Its net profit reached 5.4 billion euros ($5.9 billion) last year, up 30 percent from 4.1 billion euros in 2022, which also was a record for the fashion giant whose eight brands include younger chain Pull&Bear and upmarket label Massimo Dutti…
• Zalando jumps as online fashion retailer sees return to growth
  14 March 2024, retail.economictimes.indiatimes.com
  Zalando said on Wednesday it expected gross merchandise value (GMV) growth, a key metric measuring the value of all goods sold, of between 0% and 5% this year, after a 1.1% decline to 14.6 billion euros in 2023…
• Kohl’s joins department store retailers to warn of weak 2024 growth
  14 March 2024, retail.economictimes.indiatimes.com
  The retailer’s results round up a tough year for American department store chains, which have struggled as budget-conscious shoppers shift to off-price retailers like TJX and Burlington Stores. Kohl’s sales fell for eight quarters in a row, similar to trends seen by rivals Macy’s and Nordstrom…
• India’s economy has parallels to booming 2000s, according to Morgan Stanley
  14 March 2024, timesofindia.indiatimes.com
  Investment has become a major driver of India’s booming economy, according to economists at Morgan Stanley, adding that the country’s current expansion resembles that of the mid-2000s when growth averaged more than 8%…
• ProcMart brings on board Sachin Jain to head finance, strategy
  14 March 2024, retail.economictimes.indiatimes.com
  ProcMart appoints Sachin Jain as CFO and CSO to drive growth in B2B marketplace. Jain’s expertise in finance, tax, IT operations adds value. Anish Popli, founder and CEO, highlights Jain’s role in enhancing financial frameworks, maximizing shareholder value. Startup raised $10M in series A funding led by Sixth Sense Ventures, backed by IndiaMART…
• Powerlook Apparels Expands Retail Presence with Two New Stores
  14 March 2024, indianretailer.com
  Powerlook Apparels has taken a significant step forward in its expansion strategy with the opening of two new brick-and-mortar stores in Bandra West and Vasai East, Maharashtra…
• Kalyan Jewellers Expands Retail Presence with New Showrooms in Delhi
  14 March 2024, indianretailer.com
  Kalyan Jewellers, a leading name in the Indian jewellery industry, is set to open two new showrooms in New Delhi, further solidifying its position in the retail market. The inauguration ceremonies, graced by Bollywood celebrity Nora Fatehi, are scheduled for March 15, 2024, at 5 PM in Rohini and 6 PM in Pitampura…
• From 3 to 4 Billion Euros! Mango’s 4E Plan Revealed!
  14 March 2024, indianretailer.com
  Mango marked the culmination of 2023 with historic achievements, boasting a record-breaking turnover surpassing 3 billion euros for the first time. The company’s distinctive value proposition fueled this success, propelling its turnover to 3.104 billion euros, a remarkable 15 percent increase compared to 2022…
• Voltas Expands SmartAir Inverter AC Portfolio with New Innovation
  14 March 2024, indianretailer.com
  In a bid to fortify its dominance in India’s retail Cooling Products sector, Voltas, the leading brand in the realm of cooling solutions and the premier AC brand under the Tata group, has rolled out its latest innovation – the SmartAir Inverter AC series…
• Jaypore Expands Product Portfolio with New Spring Summer ’24 Range
  14 March 2024, indianretailer.com
  Jaypore introduces its Spring Summer ’24 collection, blending traditional Indian craftsmanship with modern aesthetics…
• JBL Debuts Sustainable Speakers for Holi Celebrations
  14 March 2024, indianretailer.com
  As Holi approaches, JBL introduces its latest range of eco-friendly speakers, capturing the essence of the festival while prioritizing sustainability. Offering a diverse selection, from the compact JBL CLIP 4 Eco and JBL Go 3…
• SignatureWinston India Marks 5x Revenue Surge Post Shark Tank Appearance
  14 March 2024, indianretailer.com
  Winston India, the innovative lifestyle brand, has experienced an impressive fivefold increase in revenue, profit, and sales following its feature on Shark Tank…
• Certus Capital Invests Rs 130 Cr In Two Commercial Projects In Pune
  13 March 2024, rprealtyplus.com
  Certus Capital, an institutional real estate investment and advisory company founded by former KKR director Ashish Khandelia, has invested Rs. 130 crores in two prime commercial real estate projects in Pune for its secured bonds platform, Earnnest.me…
• Nexus Select aims to double portfolio in five years with acquisition-led strategy
  13 March 2024, realty.economictimes.indiatimes.com
  Blackstone-backed Nexus Select Trust plans to double its assets portfolio to 20 million sq ft in 5 years. CEO Dalip Sehgal stated that the trust can borrow $1 billion or swap units for assets to fund acquisitions. The trust currently owns 17 malls across 14 cities, including Ahmedabad and Amritsar…
• Nykaa-KK Beauty to step up overseas expansion
  13 March 2024, retail.economictimes.indiatimes.com
  Nykaa-KK Beauty, a joint venture between Katrina Kaif, Nykaa, and Matrix India Entertainment, plans to aggressively expand in overseas markets, particularly the Gulf region. They will also focus on ramping up their offline presence in India. Their sales have seen phenomenal growth through retail stores…
• Elista enters into refrigerator market; expects this expansion to aid in achieving Rs 500 cr domestic revenue by 2025
  13 March 2024, retail.economictimes.indiatimes.com
  ​Pawan Kumar, CEO of Elista, said, “We are optimistic that our first refrigerator line-up will achieve the same level of success that our Smart TV range has enjoyed in the Indian market. We are anticipating that this launch will be pivotal in achieving the domestic revenue target of Rs 500 crore from the nation-wide sale by the end of the year 2025.”..
• Authenticity and honesty are the key elements of personal branding, says Sushant Divgikr, Artiste
  13 March 2024, retail.economictimes.indiatimes.com
  Explaining the art of personal branding, she said, “When you brand yourself, normalise the message instead of sensationalizing it. For personal branding, you need to add a personal touch to whatever you do. And there is an audience for everything. “…
• Powerlook plans to establish 50 outlets across India by 2027
  13 March 2024, retail.economictimes.indiatimes.com
  “Our expansion journey begins with the opening of these two offline stores in Mumbai. While e-commerce remains pivotal, we believe in the significance of physical stores, allowing customers to engage with our products,” Raghav Pawar, Co-founder of Powerlook Apparels said in a statement…
• Ace Turtle launches Dockers online with Myntra
  13 March 2024, retail.economictimes.indiatimes.com
  “We are excited to expand our relationship with Myntra with the exclusive online marketplace launch for Dockers in India,” said Nitin Chhabra, CEO, Ace Turtle…
• India’s food safety regulator working on stricter rules for health supplements
  13 March 2024, retail.economictimes.indiatimes.com
  The authority had received several complaints about many non-compliant health supplements being sold in the market, according to an official, after which it conducted a drive across the country to check nutraceuticals and health supplements for quality and safety throughout their manufacturing and sale process…
• Expect rural demand recovery in FMCG only in second half of FY25: Preeyam Tolia
  13 March 2024, retail.economictimes.indiatimes.com
  Preeyam Tolia, Equity Research Analyst at Axis Securities, expects gradual rural demand recovery and only in the second half of FY25. Likes Nestle, Jyothy Labs, Varun Beverages. FMCG companies focus on distribution, market expansion, and new products. Margins of paint sector under pressure. Positive outlook for Nestle, Jyothy Labs, Varun Beverages despite raw material inflation…
• Swiss Beauty to double exclusive brand outlets, eyes expansion in tier 2, smart cities
  13 March 2024, retail.economictimes.indiatimes.com
  The brand is set to double its Exclusive Brand Outlets (EBOs) across 12 Indian cities by March 2024-25 to touch 24. It plans to open an additional 147 beauty-assisted outlets across India and add over 450 touch points in general trade in 2024-25, the statement said…
• TV makers target 10% growth this IPL season
  13 March 2024, thehindubusinessline.com
  Large-screen panel televisions with the latest technology are preferred by consumers in the domestic market. With the start of IPL from the end of the month, consumer durable makers are targeting a 10 per cent growth in sales of television…
• TATA Starbucks Hits 400-Store Milestone in India’s Retail Coffee Landscape
  13 March 2024, indianretailer.com
  TATA Starbucks celebrates a significant achievement with the opening of its 400th store in Coimbatore, India. With an ambitious plan to reach 1000 stores by 2028, the brand continues to shape the coffee culture in over 60 cities across the nation…
• Recode Studios Broadens Retail Reach in Indore and Ahmedabad
  13 March 2024, indianretailer.com
  Leading cosmetic brand, Recode Studios, has successfully opened two new retail outlets in Indore and Ahmedabad, marking a strategic move in its expansion plan…
• The Retail Market Growth Expected to Continue at 9-10% over the Next Decade
  13 March 2024, indianretailer.com
  India continues to be a bright spot among the major economies – growing fastest among the top 5 global economies and is expected to become 3rd largest by GDP in 2030. India’s retail market is expected to reach $2Tn in the next 10 years and presents a large opportunity for retailers…
• Bad Monkey Beer Makes Official Entry into Uttar Pradesh
  13 March 2024, indianretailer.com
  Sinq Beverage Pvt Ltd, the creator of Bad Monkey Beer, has officially launched its product in Uttar Pradesh, India. Priced at Rs 130 for a 500 ml can, Bad Monkey Beer offers a strong taste, boasting alcohol by volume (ABV) of up to 8 percent…
• Tanishq Expands High Jewellery Portfolio with “Ethereal Wonders”
  13 March 2024, indianretailer.com
  Renowned jewellery retail brand Tanishq, recognized for its exquisite diamond jewellery, craftsmanship, and quality designs, introduces its latest high jewellery collection, “Ethereal Wonders.”…
• U&i Widens Legacy Series Range for Retail Market
  13 March 2024, indianretailer.com
  U&i has introduced its latest innovation, the U&i Legacy Series Wireless Speaker. This cutting-edge speaker aims to transform the way consumers experience sound, delivering high performance in a compact and stylish form…
• Fast&Up Aims to Expand Retail Presence in the UK After Successful ASDA Placements
  13 March 2024, indianretailer.com
  Fast&Up, India’s leading sports and health nutrition brand, is set to enhance its footprint in the UK market following successful placements in over 200 ASDA Stores Limited, a prominent British supermarket chain…
• UNIQLO and UNHCR Collab on Global Charity T-shirt Launch
  13 March 2024, indianretailer.com
  Global retail giant UNIQLO has revealed the introduction of a charity T-shirt collection, featuring winning designs from the 2023 Youth with Refugees Art Contest, co-organized with UNHCR, the UN Refugee Agency…
• Is Hypestore the Emerging Leader Among Shopify Alternatives?
  13 March 2024, retail.economictimes.indiatimes.com
  In the ever competitive Indian e-commerce landscape, the quest for a platform that blends seamless functionality with localized performance has led many to seek Shopify alternatives. Do Indian startups have what it takes to take on this $100 bn+ behemoth?..
• Signature Global Will Invest Rs 1000-1200 Cr Yearly For Land Acquisitions
  12 March 2024, rprealtyplus.com
  Realty firm Signature Global will invest Rs 1,000-1200 crore per year to purchase land for the development of housing projects and encash strong consumer demand…
• Hunger games: Investors at the table with appetite for food startups
  12 March 2024, retail.economictimes.indiatimes.com
  Pizza Wings, Boba Bhai in funding talks as HNIs, angels and other backers show interest…
• Asus India sees huge potential in gaming and creator segment
  12 March 2024, retail.economictimes.indiatimes.com
  In 2023, Asus held second position in the consumer segment behind HP with a share of 15.1 per cent, according to a report by a market intelligence firm IDC. ​​Asus managed to ship more than a million units in the consumer segment for the first time ever in 2023. In the fourth quarter of last year, it focused on inventory correction and slid to fifth position behind Acer and managed to hold a 3.5 per cent share in the total market…
• Wakefit eyes a turnaround, aims to become profitable by end of FY24
  12 March 2024, retail.economictimes.indiatimes.com
  Mattress and furniture maker Wakefit is aiming to return to profitability by the end of the financial year 2023-24. “We are very close to profitability and we will be able to turn positive by the year closes in March,” said the company’s co-founder Chaitanya Ramalingegowda declining to share the expected revenue for the year…
• Plan afoot to reclassify items for GST clarity in FMCG sector
  12 March 2024, retail.economictimes.indiatimes.com
  The Central Board of Indirect Taxes and Customs (CBIC) is planning to prepare a list of products that end up in litigation due to classification issues. The fitment committee will investigate items with minor changes in composition but different tax slabs, creating confusion in tax liability, particularly in the fast-moving consumer goods (FMCG) sector…
• Luxury shoe brand Santoni to invest Rs 15 crore to expand its presence in India
  12 March 2024, retail.economictimes.indiatimes.com
  The Italian brand, which opened its first store at DLF Emporio, plans to open its next store in Mumbai this year and in either Hyderabad or Bengaluru over the next 2-3 years…
• Explained | Flipkart likely to enter quick commerce space, how will it impact the market?
  12 March 2024, livemint.com
  E-commerce platform Flipkart is preparing to venture into the quick commerce sector, according to media reports…
• Indian wedding season: Branded retailers celebrate rising demand for accessories
  12 March 2024, retail.economictimes.indiatimes.com
  Indian weddings require crucial accessories like imitation jewellery, Moti malas, safas, and turbans. These accessories are essential for wedding collection brands. The Indian apparel and accessories market, estimated at $75 billion, represents nearly 30% of the market…
• ABFRL-owned Louis Philippe and Van Heusen expand global presence, open stores in Qatar
  12 March 2024, retail.economictimes.indiatimes.com
  Jacob John, president of premium brands at ABFRL, “This expansion aligns with our ambitious growth strategy as we continue to expand our retail footprint across the globe, following recent openings in Mauritius and the UAE.”..
• Enhanced regulatory oversight forces foodservice operators in India to fall in line, says GlobalData
  12 March 2024, financialexpress.com
  Jaya Dandey, Consumer Analyst at GlobalData, said, “With the growth potential also comes significant responsibility and accountability on the part of operators. The McDonald’s fiasco resulted in renewed scrutiny by the state of Maharashtra on all major foodservice providers for compliance with food standards.”..
• Huge focus on driving efficiencies in capital and talent; see bigger opportunity in rural: Sunil D’Souza
  12 March 2024, retail.economictimes.indiatimes.com
  Sunil D’Souza, MD & CEO of Tata Consumer Products, discusses the company’s growth strategy, including distribution expansion, branding, innovation, and portfolio diversification. He believes that consumption is rebounding, but hasn’t reached pre-Covid levels. He also highlights the importance of trust, talent, and category creation for future success. He also said Taa Sons is backing the company’s rights issue. ..
• Wedding-related consumption remains muted amid fewer dates, slowdown
  12 March 2024, retail.economictimes.indiatimes.com
  As per industry estimates, sales of categories like ethnic wear and wedding wear, gold jewellery and electronic household appliances have declined by 10-20% in FY24 till February as compared to the same period in FY23. However, luxury and premium products bucked the trend of sales decline mirroring the overall trend in consumption, chief executives said…
• 12 March 2024, retail.economictimes.indiatimes.com
  With the new store launch, the company is anticipating to generate a revenue of Rs 3 crore in the next 12 months…
• Pepperfry appoints Mahip Dwivedi as VP marketing
  12 March 2024, retail.economictimes.indiatimes.com
  Online furniture marketplace Pepperfry has appointed Mahip Dwivedi as vice president of marketing. He was the chief marketing officer at Tyke Investment before starting in his new role in December..
• Swiss Beauty Ramps Up Retail Expansion Across India
  12 March 2024, indianretailer.com
  Swiss Beauty has revealed its ambitious plans to broaden its retail footprint and penetrate deeper into Tier II and smart cities in FY 2024…
• Malabar Gold and Diamonds Expands Retail Footprint in Jaipur, Rajasthan
  12 March 2024, indianretailer.com
  Malabar Gold and Diamonds, recognized as the sixth-largest jewellery brand globally, inaugurated its maiden store in Jaipur, Rajasthan. Bollywood actor Anil Kapoor marked the inauguration ceremony. With an additional 10 stores set to open in March, the brand will achieve a total of 350 stores…
• Reliance Retail’s Tira Unveils First North India Store in DLF Avenue, Saket
  12 March 2024, indianretailer.com
  Reliance Retail’s Tira has recently inaugurated its maiden store in North India, marking its 10th outlet nationwide at DLF Avenue, Saket, the bustling retail hub of the capital…
• The Technology Revolution in Reimagining Retail Space
  12 March 2024, indianretailer.com
  In recent years, the retail industry has undergone a big change that has been spurred either because of technology or new business strategies. The rise of “neo-retailers” is a holistic approach towards bringing a significant change…
• Snitch Highlights Q4 Success and Unveils Aggressive Offline Retail Plans
  12 March 2024, indianretailer.com
  Snitch has disclosed its Q4 results, showcasing substantial growth in revenue and sales. The company marked a remarkable 2.2X growth in Gross Merchandise Value (GMV) from Q1 to Q4 in the Fiscal Year 2023, reaching a GMV of 400 crore, with a projected GMV of 600 crore by the end of FY 2024…
• Coach Explores Denim Evolution Across Real and Virtual Spaces
  12 March 2024, indianretailer.com
  Coach’s “Find Your Courage” campaign embarks on a journey of self-discovery, delving into the intersection of real and virtual realms. In this phase, virtual characters Imma and Wu Jinyan navigate the world of denim, a timeless symbol of self-expression…
• Mamaearth Enters into Personal Wash with Grade 1 Soaps
  12 March 2024, indianretailer.com
  Mamaearth, a key player in India’s personal care retail sector, has made a noteworthy entry into the personal wash category, representing a significant stride in its commitment to delivering safe and toxin-free products nationwide…
• DLF Explores Acquire Upcoming Projects In Delhi’s Aerocity
  11 March 2024, retail.economictimes.indiatimes.com
  DLF, a leading name in India’s real estate landscape, is actively engaged in discussions to acquire upcoming projects in Delhi’s Aerocity…
• BigBasket, Flipkart quicken delivery to counter quick-commerce
  11 March 2024, retail.economictimes.indiatimes.com
  Tata Digital’s BigBasket rebranded its slotted delivery service as “Supersaver” in January, promising sub-two-hour deliveries. Meanwhile, Walmart’s Flipkart is offering with free same-day delivery across various categories in 20 cities…
• Stone Sapphire India to invest Rs 1,000 crore in homewares plant in Baroda
  11 March 2024, retail.economictimes.indiatimes.com
  Toys and stationery manufacturer Stone Sapphire India will invest Rs 1,000 crore to set up a manufacturing facility for homewares in Baroda. The plant will manufacture small kitchen appliances, metal cookware, and drinkware…
• India-EFTA trade deal: Swiss watches, chocolates to enter Indian market at lower prices
  11 March 2024, retail.economictimes.indiatimes.com
  India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland…
• Panel on ‘Shopping 2.0: Navigating future of stores and leveraging predictive retail insights
  11 March 2024, retail.economictimes.indiatimes.com
  Catch the Panel Discussion on panel discussion on ‘Shopping 2.0: Navigating future of stores and leveraging predictive retail insights with panelists – Umar Akhter, Founder&CEO, Koskii; Soumya Kant, Co-Founder, Clovia; Apeksha Gupta, CEO, John Jacobs; Atul Sinha, COO, CaratLane – A Tanishq Partnership; Ankita Thakur, Co-Founder and CDO, GeoIQ; and MG Gopala Krishna, Jt MD, MG Brothers moderated by – Radhika Sridharan, Partner, Bain & Company…
• Panel discussion on ‘Loyalty programs and in-store technology: Rewarding and retaining customers’
  11 March 2024, retail.economictimes.indiatimes.com
  Catch the Panel discussion on ‘Loyalty programs and in-store technology: Rewarding and retaining customers’ with panelists: Yash Dayal, CTO, Wakefit; Vipin Gupta, CTO, Starbucks; Amit Arora, CIO, SHR Lifestyle; Bidyut Bhanjdeo, CBO- Ethnix By Raymond, Raymond Limited; Amit K Gupta, CTO, Rebel Foods;…
• Panel Discussion on ‘Innovative lease agreements: Win-win solutions for retailers and mall operators
  11 March 2024, retail.economictimes.indiatimes.com
  Catch the Panel Discussion on ‘Innovative lease agreements: Win-win solutions for retailers and mall operators’ with panelists – Preeti Chopra, Vice President Business Development – India & Global, Being Human Clothing; Tarandeep Singh Sekhon, Chief Business Officer, Bounce Inc; Sahil Kansal, Head of Property & Franchising, Croma Infiniti Retail; and Sreejit Nair, AVP- Business Development, Chaayos, moderated by – Anurag Sharma, Business Journalist, ET Retail…
• Orders for readymade garment manufacturers drop by 40%
  11 March 2024, retail.economictimes.indiatimes.com
  Readymade Textile Dealers Association president Ashish Nigam said, “There is a sharp drop in orders. We have a cycle of around 6 months and clearing dues within 3 months will be a difficult task. Retailers have cut down on orders from wholesalers due to the payment terms.”..
• Malabar Gold & Diamonds enters Rajasthan market
  11 March 2024, retail.economictimes.indiatimes.com
  Malabar Gold & Diamonds is planning to​ add 10 more stores in March 2024 to reach the 350 mark globally. Currently, the brand has a presence across India, the Middle East, the Far East, the USA, the UK, Canada, and Bangladesh and also has 14 wholesale units in 8 countries, and 15 manufacturing units in 5 countries, with over 25 brands…
• Tasmac to monitor shops exceeding sales by 30%
  11 March 2024, retail.economictimes.indiatimes.com
  ​​The district managers of the liquor corporation have sent out a circular to all supervisors that the liquor stock should be maintained at 50% and indent should be based on average sales…
• 68% retailers say cold drinks of national FMCG brands sell more than local brands
  11 March 2024, retail.economictimes.indiatimes.com
  The report reveals that Maharashtra is the only state where the sale of cold drinks for national and local FMCG brands is alike. It stated that Indian kiranas prepare for summers; 67 per cent kiranas stocking more cold drinks…
• Mobile phone manufacturing jumps 21 times to Rs 4.1 lakh cr in 10 yrs: ICEA
  11 March 2024, retail.economictimes.indiatimes.com
  Over the past decade, mobile phone manufacturing in India has seen a remarkable 21-fold increase to reach Rs 4.1 lakh crore, driven by government policies like the Production Linked Incentive (PLI) scheme. This surge has enabled India to fulfill 97% of its mobile phone demand domestically, with 30% of production targeted for export in FY’24, amounting to an estimated Rs 1.2 lakh crore…
• Amrut Launches Amrut Bagheeera and Amrut Portonova in Gurgaon
  11 March 2024, indianretailer.com
  Amrut Distilleries, the pioneer of Indian single malt whisky, celebrating its 75th year in the industry, announces the launch of two new limited edition whiskies for the Gurgaon market exclusively…
• From Starry Visions, K-Beauty Dreams, to Everything in Between
  11 March 2024, indianretailer.com
  In the beauty universe, where trends shimmer and consumer preferences sparkle, the newest stars are the collaborations with celebrities and the infusion of Korean beauty into diverse markets, which have now become transformative strategies…
• NASCAR and FaZe Clan Launch Limited Edition Merchandise
  11 March 2024, indianretailer.com
  NASCAR and lifestyle and gaming organization FaZe Clan have partnered for a limited-edition merchandise collaboration. The two organizations are teaming up to provide a clothing and headwear collection for fans during…
• Isha Ambani may soon acquire your favourite international beauty brand
  11 March 2024, retail.economictimes.indiatimes.com
  Mukesh and Isha Ambani Piramal’s Reliance Retail, India’s foremost organized retailer, is currently engaged in discussions with Italian beauty brand…
• Banks settle Rs 737 crore loan on south Mumbai mall with BMMCL’s promoters
  09 March 2024, realty.economictimes.indiatimes.com
  Mall owner Bansi Mall Management Company (BMMCL), promoted by Biyani, owed lenders Rs 737 crore against which the promoters have offered Rs 440 crore…
• Expect quick-commerce firms to battle ecommerce soon: Zepto investor Glade Brook
  09 March 2024, retail.economictimes.indiatimes.com
  In a blog post on LinkedIn, Paul Hudson, founder of investment firm Glade Brook Capital, said that the market is already moving in this direction with Blinkit and Zepto expanding their product assortment. The fund had backed Mumbai-based Zepto last year and invested in Blinkit’s parent company Zomato back in 2019…
• Veg thali becomes cheaper in February; non-veg thali prices rise
  09 March 2024, retail.economictimes.indiatimes.com
  In February, the cost of home-cooked vegetarian meals decreased by 2% to Rs 27.5, attributed to a 14% drop in onion prices and a 3% decrease in potato prices. However, non-veg thali prices rose to Rs 54 due to a 10% increase in broiler prices amid lower supply due to bird flu in Andhra Pradesh…
• Jubilant FoodWorks Ltd’s Hong’s Kitchen to open 100+ outlets by next fiscal end
  09 March 2024, retail.economictimes.indiatimes.com
  Currently, the contribution of Hong’s Kitchen to JFL’s revenue stands at single digit…
• Dabur India introduces an all-women production team at plant near Indore
  09 March 2024, retail.economictimes.indiatimes.com
  Dabur India has established an all-women production line at its largest greenfield plant near Indore, with 20 women currently engaged in producing Vatika hair oils. This initiative aims to promote women’s empowerment in manufacturing and build a more diverse workforce. Dabur plans to expand the initiative by adding 30 more women to its factory workforce…
• Panel Discussion on ‘Venture capital in retail: What attracts investors to retail businesses’
  09 March 2024, retail.economictimes.indiatimes.com
  Catch the panel discussion on ‘Venture capital in retail: What attracts investors to retail businesses?’ with panelists: Vikram Gupta, Founder & Managing Partner, IvyCap Ventures; Vinay Singh, Founder & Partner, Fireside Ventures; Vikram Gawande, Investor, Blume Ventures; and Amar Nagaram, Co-Founder, Virgio, moderated by – Devangshu Dutta, Founder, Third Eyesight…
• Lightning Chat on ‘Future proofing retail tech: Adapting to uncertainty’
  09 March 2024, retail.economictimes.indiatimes.com
  Catch Jeyandran Venugopal, CPTO, Flipkart at ET GIRS 2024 in a lightning chat on ‘Future-proofing retail tech: Adapting to uncertainty’ at Great India Retail Summit 2024…
• Delhivery transforms a facility into all-woman-run hub
  09 March 2024, retail.economictimes.indiatimes.com
  Delhivery has transformed its facility in Punjab’s Moga into an all-woman-run hub, orchestrating end-to-end operations with a women-only workforce. The facility has women-only housekeeping and security staff, and the recruits have undergone focused training. The women are eligible for PF and ESIC benefits and have growth opportunities at Delhivery…
• Victoria’s Secret plunges 27% as shrinking demand hits sales forecasts
  09 March 2024, retail.economictimes.indiatimes.com
  Fiscal 2024 sales predicted at $6bn, below estimates. First-quarter sales expected to decline. 35 stores to close, 15 new stores to open, despite slow demand, competition from Amazon and Lululemon…
• Prada sales rose 17% last year, driven by Asia, Miu Miu brand
  09 March 2024, retail.economictimes.indiatimes.com
  The group’s net revenues totalled 4.7 billion euros ($5.1 billion) last year, broadly in line with analysts’ expectations, after a “very positive” fourth quarter which also showed a 17% sales increase…
• Gap’s upbeat quarterly results show improving demand for Old Navy apparel
  09 March 2024, retail.economictimes.indiatimes.com
  CEO Richard Dickson’s plans to push ahead with reinventing Gap’s brands, mainly Old Navy, have helped drive consumer interest in its apparel and accessories…
• Harajuku Tokyo Cafe eyes Rs 50 crore in revenue by next fiscal end
  09 March 2024, retail.economictimes.indiatimes.com
  Over the next 3-4 years, the brand is also planning to foray into international markets like Dubai, Malaysia, Singapore, the UK, and Japan…
• Britannia Marie Gold launches HerStore to support women entrepreneurs in India
  09 March 2024, retail.economictimes.indiatimes.com
  The platform’s strategic design focuses on democratizing entrepreneurship, offering a zero per cent commission model and no additional costs to sellers. Moreover, HerStore plans to expand its reach by offering the platform in multiple Indian languages, ensuring inclusivity and accessibility…
• Riyaaz Amlani on ‘Revolutionizing hospitality: The rise of multi-dimensional spaces in modern dining’
  09 March 2024, retail.economictimes.indiatimes.com
  Catch Riyaaz Amlani, Founder & MD, Impresario Entertainment and Hospitality in a fireside chat on ‘Revolutionizing hospitality: The rise of multi-dimensional spaces in modern dining experiences at Great India Retail Summit 2024…
• Fireside chat on ‘Strategic tech mastery: Panasonic’s vision for profitable retail innovations’
  09 March 2024, retail.economictimes.indiatimes.com
  Catch Manish Sharma, Chairman of Panasonic India & South Asia in a fireside chat on ‘Strategic tech mastery: Panasonic’s vision for profitable retail innovations’ at Great India Retail Summit 2024…
• Nykaa Marks 175th Retail Store with Luxe Beauty Haven in Mumbai’s Bandra
  09 March 2024, indianretailer.com
  Nykaa, India’s premier beauty and lifestyle destination, celebrates the opening of its 175th store with a new Luxe outlet in Mumbai’s bustling beauty hub, Bandra…
• Miraj Cinemas Debuts in Kerala with Multiplex in Kozhikode
  09 March 2024, indianretailer.com
  Miraj Cinemas has introduced its latest cinematic offering in Kozhikode, Kerala, a city renowned for its cultural richness. This milestone marks Miraj Cinemas’ entrance into the vibrant state, providing the local community with exceptional entertainment options…
• TheRole of E-commerce in the Indian fashion Retail Industry
  09 March 2024, indianretailer.com
  E-commerce has revolutionized the way businesses operate around the world, including the fashion retail industry in India. Over the past decade, the growing prominence of E-commerce platforms has drastically transformed the landscape of the Indian fashion retail sector…
• Kuhl Fans Expands Product Portfolio with BLDC Tech
  09 March 2024, indianretailer.com
  Kuhl Fans, known for premium-quality processed foods and vegetables, now unveils its latest Kühl Smart and Stylish Fans in Delhi…
• HyFun Foods Takes a Fresh Approach to Global Frozen Fare
  09 March 2024, indianretailer.com
  Established in 2015, HyFun Foods has emerged as a significant player in the global food industry, renowned for its premium processed foods and vegetables. Undertaking a strategic rebranding initiative, the company is poised to disrupt an often-overlooked category within the food sector…
• Signature Global (India) looks to launch 8-10 million sq ft in the next six months
  08 March 2024, realty.economictimes.indiatimes.com
  Signature Global (India) is expecting to cross pre-sales of Rs 7,200 – Rs 7,500 crore by the March 2023-end and is looking to achieve a target of Rs 9,500 crore pre-sales in FY25…
• Majority of D2C businesses still not profitable, shows a study
  08 March 2024, retail.economictimes.indiatimes.com
  The survey released on Wednesday added that only 12% of the D2C businesses have reported being profitable, while 25% of the D2C businesses said that they don’t measure profitability since they are part of larger ecosystems…
• Zydus Wellness aims to double its sales in next 3-5 years, bets big on new product launches
  08 March 2024, retail.economictimes.indiatimes.com
  The company is enhancing its relevance to consumers by leveraging online platforms and other organised channels…
• FMCG sector to see subdued growth till September quarter of 2024, says Kantar report
  08 March 2024, retail.economictimes.indiatimes.com
  The agricultural sector has uncertainty and the upcoming general elections would not surge the consumption of FMCG (fast-moving consumer goods) products, according to Kantar Worldpanel’s FMCG pulse report…
• Tech-first VCs line up for new-age consumer firms
  08 March 2024, retail.economictimes.indiatimes.com
  Tech-first VC Nexus Venture Partners will lead a $5 million funding round in specialty coffee brand AbCoffee and it will also invest in lab-grown diamond maker Aukera, sources told ET. Accel, one of Flipkart’s earliest investors, will close a $12 million round in fast fashion brand Newme. Why are tech-first VCs lining up for new-age brands with a horde of affluent young customers?..
• Indkal to launch smartwatches under its private label Wobble
  08 March 2024, retail.economictimes.indiatimes.com
  “In December we launched our wearables and hearable brand Wobble. We are very well placed in the market even though it is a different type of business for us. We started with personal audio as a category and plan to launch smartwatches in the next couple of months,” Anand Dubey, CEO, Indkal Technologies told ETRetail…
• D2C fashion brand Snitch eyes Rs 600 cr GMV by end of 2024
  08 March 2024, retail.economictimes.indiatimes.com
  The brand claims that it has maintained an average 30-35 per cent quarter-on-quarter (QoQ) revenue growth in the last two years. Further, with offline expansion, Snitch has seen a 35-40 per cent quarterly increase in sales and revenue…
• Marks & Spencer co-CEO Bickerstaffe to step down, Sky News reports
  08 March 2024, retail.economictimes.indiatimes.com
  Bickerstaffe will leave the company this year, the report said, adding that she would join as a non-executive director of European home improvement retailer Kingfisher. Marks & Spencer and Kingfisher declined to comment on the report…
• Food firms, GST authority spar over 18% tax rate on snacks
  08 March 2024, financialexpress.com
  The issue concerns a recent clarification by the government, classifying snacks as extruded and non-extruded, according to food industry sources that FE spoke to. In food processing, extrusion involves pushing ingredients through a machine to attain the desired shape…
• India becomes second-largest manufacturer of mobile phones globally: ICEA
  08 March 2024, retail.economictimes.indiatimes.com
  “It is believed that the doubling of India’s GDP from the current $3.7 trillion to $7 trillion by 2030 will be led by growth in the digital sector and trade. In both these areas, electronics manufacturing led by mobile production will play a critical role”, said Pankaj Mohindroo, chairman, ICEA…
• HP plans retail expansion, affordable subscription models in India
  08 March 2024, retail.economictimes.indiatimes.com
  HP’s global president Enrique Lores said India was on track to become the third largest economy globally, presenting a unique opportunity for companies to grow in such regions…
• Cellecor Gadgets reports Rs 209 cr sales in first half of FY24
  08 March 2024, retail.economictimes.indiatimes.com
  Cellecor recently expanded its product portfolio to include home and kitchen appliances and is aiming to surpass its annual target sales of Rs 500 crore this fiscal year. Further, the brand is set to expand into premium categories such as AC, laptops, and smartphones…
• Bata India Celebrates Opening of 500th Franchise Store
  08 March 2024, indianretailer.com
  Bata India has announced the inauguration of its 500th Franchise store in India, marking a significant milestone in the footwear retail sector. To commemorate this achievement and express gratitude to its partners across India, Bata unveiled a CGI Out-of-Home (OOH) display celebrating the ‘Bata 500 Franchise Store Family in India…
• Over 63% of Women in Bharat Dream of Starting Their Own Business!
  08 March 2024, indianretailer.com
  Did you know that over 63 percent of women in India aspired to be entrepreneurs and were therefore willing to take credit? A recent report shed light on the financial consumption patterns of women at retail stores, providing a…
• Vinod Cookware Expands Production with New Manufacturing Unit in Maharashtra
  08 March 2024, indianretailer.com
  Vinod Cookware, a leading Indian cookware manufacturer, has recently inaugurated its latest manufacturing unit in Gundale village, Palghar district, Maharashtra. This strategic move aims to cater to the growing demand for Vinod Cookware products in both domestic and global retail markets…
• 68% of Retailers Favor National FMCG Cold Drinks, Citing Superior Sales over Local Competitors
  08 March 2024, indianretailer.com
  As the scorching heat of summer sets in across India, both FMCG giants and local kiranas are gearing up to cater to the rising demand for summer essentials. An overwhelming 67 percent of Kirana stores in Maharashtra are stocking…
• Postcards from Flower Aura for Women’s Day
  08 March 2024, indianretailer.com
  In a move to celebrate and express gratitude towards women, Flower Aura, India’s prominent online gifting platform, has announced the initiation of their Women’s Day special campaign titled “She Deserves it All…
• Britannia Marie Gold Empowers Womenpreneurs with HerStore
  08 March 2024, retail.economictimes.indiatimes.com
  Prestige Group, country’s leading real estate developer with a portfolio of more than 305 delivered properties across 10 cities, has announced the launch of its luxury residential project in Whitefield, Bangalore – Prestige Somerville…
• Prestige Group Announces Luxury Project Prestige Somerville In Whitefield-Bangalore
  08 March 2024, rprealtyplus.com
  In a significant move towards supporting women entrepreneurs in India’s dynamic retail landscape, Britannia Marie Gold has introduced HerStore, a distinctive digital ecosystem tailored for womenpreneurs…
• Jaipur Watch Company Expands Product Portfolio with ‘Vintage Stamp’
  08 March 2024, indianretailer.com
  Jaipur Watch Company inaugurated a new store in Ahmedabad at the Nexus One Mall, marking a significant milestone for the brand…
• The Organic World Expands Personal Care and Hygiene Range
  08 March 2024, indianretailer.com
  India’s largest organic and natural grocery retailer, The Organic World (TOW), is enhancing its personal care and hygiene product offerings by introducing six new categories…
• Prestige Group Announces Luxury Project Prestige Somerville In Whitefield-Bangalore
  07 March 2024, rprealtyplus.com
  Prestige Group, country’s leading real estate developer with a portfolio of more than 305 delivered properties across 10 cities, has announced the launch of its luxury residential project in Whitefield, Bangalore – Prestige Somerville…
• Unlock lucrative investment opportunities with ‘Pehle Dukan Phir Makan Yojana’ by the Delhi Mall Complex
  07 March 2024, realty.economictimes.indiatimes.com
  If you’re an investor looking for an investment opportunity, then look no further than Pehle Dukan Phir Makan Yojana: The With an easy registration of a nominal fee of Rs. 31,000, one can start investing in this lucrative opportunity. The scheme offers two payment options: a ‘Construction Linked Payment Plan’ and a ‘Down Payment Plan.’…
• FMCG companies think small to make it big during polls
  07 March 2024, retail.economictimes.indiatimes.com
  Consumer goods companies in India are increasing stocks of small packs of biscuits, bhujias, chips, packaged water, and beverages costing ₹5 and ₹10 each by up to 10% across the country, anticipating a short-term spurt in sales during rallies and meetings coinciding with the upcoming general election. Senior executives at several fast-moving consumer goods (FMCG) companies are bullish of robust sales of small packs of such food products till elections. ..
• Haier’s revenue hits Rs 7K cr in CY23; On track to become Rs 10K cr brand by 2025
  07 March 2024, retail.economictimes.indiatimes.com
  Talking to ETRetail, NS Satish, President, Haier Appliances shared that for the current year, the company aims to cross the Rs 8,500 crore revenue mark and eventually reach the 10,000 milestone in 2025…
• HyFun Foods to invest Rs 1,100 crore to open 3 state-of-the-art manufacturing plants in Gujarat
  07 March 2024, retail.economictimes.indiatimes.com
  HyFun opened its first unit at Mehsana, Gujarat in 2015 and has since then set up four more units and crossed Rs 1,000 crore in revenue last year…
• Himalaya Wellness India OTC biz one of the fastest-growing globally: Senior Official
  07 March 2024, retail.economictimes.indiatimes.com
  Talking to ETRetail, Vikas Bansi, OTC Business Head (India), Himalaya Wellness said, “Most of the categories we are present in have outperformed by more than 3X growth. Globally, the India OTC business is one of the fastest-growing divisions.”…
• Not in a hurry to add new categories; will focus on grocery: BigBasket CEO Hari Menon
  07 March 2024, retail.economictimes.indiatimes.com
  Hari Menon told ET that BigBasket will only diversify into adjacent categories to grocery like kitchen and home appliances. Meanwhile, rivals such as Zomato-owned Blinkit and Mumbai-based Zepto are rapidly diversifying into newer categories…
• Going premium in personal care helps ITC boost sales
  07 March 2024, retail.economictimes.indiatimes.com
  Indian company ITC has shifted its focus to premiumizing its personal care business, doubling its contribution to sales to 38% in the last four years. This has helped ITC break even in the personal care business, which now generates profit consistently quarter on quarter…
• FMCG sector to see “subdued” growth till September quarter in 2024: Kantar
  07 March 2024, thehindubusinessline.com
  The FMCG sector is projected to witness “subdued” growth in 2024 till the September quarter, according to research and insights firm Kantar…
• High temperatures expected to heat up ice-cream sales
  07 March 2024, retail.economictimes.indiatimes.com
  The India Meteorological Department (IMD) has forecast summer season temperatures to be above normal this year with a greater number of heat-wave days. Leading ice-cream brands are already experiencing a surge in demand…
• Oversupply in global markets to hit Indian tea prices, exports
  07 March 2024, retail.economictimes.indiatimes.com
  CK Dhanuka, chairman of Dhunseri Tea & Industries, said, “The excess tea in the global markets that has been carried over from last year will impact the prices and exports of Indian tea.” The geopolitical tension and the rising fear of economic recession have impacted the global tea markets in 2023…
• India to grow at 6.8 pc in FY’ 25, to become upper middle-income country by 2031
  07 March 2024, retail.economictimes.indiatimes.com
  In its India Outlook report, Crisil said the Indian economy will take support from domestic structural reforms and cyclical levers and can retain — perhaps even improve — its growth prospects to become the third largest economy by 2031…
• As India makes and consumes more, a new realty sector booms
  07 March 2024, retail.economictimes.indiatimes.com
  Blackstone Inc. plans to double its Indian warehouse holdings, reaching 100 million sq ft. DP World, Metro Brands, and Zomato are also investing in the sector. Global investors have poured over $10 billion into the warehouse sector, with more capital expected in the coming years…
• When online goes offline: Why brick-and-mortar is back in fashion
  07 March 2024, retail.economictimes.indiatimes.com
  India’s new digital payment infrastructure and deeper internet penetration triggered a wave of e-commerce, but brick-and-mortar retail is making a comeback. Direct-to-consumer brands are opening physical stores. Retail leasing is at a record high. Growth in online users has slowed. Retailers are expanding stores to enhance the shopping experience…
• Bira 91 Bags $25 mn Investment from Tiger Pacific Capital
  07 March 2024, indianretailer.com
  B9 Beverages Ltd, the parent company of Bira 91, announced that it is raising $25 million in new funding from Tiger Pacific Capital, an Asia-focused fund based in New York and Hong Kong…
• Real estate companies approach finance ministry over GST notices
  06 March 2024, realty.economictimes.indiatimes.com
  India’s service sector growth slowed in February, but remained robust, according to a private survey. The HSBC India Services Business Activity Index fell to 60.6, from 61.8, indicating expansion.
• DLF in talks to buy projects coming up at Aerocity in Delhi
  06 March 2024, realty.economictimes.indiatimes.com
  DLF is in discussions with Bharti Realty to acquire under-construction phases of Aerocity in Delhi. Brookfield acquired a controlling stake in Rostrum Realty.
• Westside to bet big on beauty, e-commerce
  06 March 2024, retail.economictimes.indiatimes.com
  The brand, which on average opens 30 stores each year, is expanding the area dedicated to beauty by 3x in its revamped and refurbished stores. Out of 231 stores, the brand operates, it has till now refurbished 11+ stores.
• Udaan says it shipped 2.25 bn products in 2023
  06 March 2024, retail.economictimes.indiatimes.com
  Category-wise, Udaan claimed to sell nearly 10 lakh tonnes of products under the essentials category (Fresh, FMCG, Staples, Pharma) and over 70 million products under the discretionary (Electronics, General Merchandise, and Lifestyle) category.
• Zepto Pass gets 1 million subscribers within a week of launch
  06 March 2024, retail.economictimes.indiatimes.com
  The membership, which comes at a fee of Rs 99 per month, offers unlimited free deliveries on orders worth more than Rs 99 and discounts of up to 20% based on the order value, ​​ET reported on February 19.
• Fashion, apparel retailers cut discounts amid subdued demand, low inventory
  06 March 2024, retail.economictimes.indiatimes.com
  One of the largest apparel retailers and manufacturers, Aditya Birla Fashion & Retail managing director Ashish Dikshit said there is a slowdown which is reflected in the footfalls into malls and stores. The company has decided to scale down on discounting which has helped to significantly expand margins last quarter, he told investors recently.
• FSSAI verifies McDonald’s India uses 100% real cheese: Westlife Foodworld
  06 March 2024, retail.economictimes.indiatimes.com
  Food Safety and Standards Authority of India(FSSAI) confirms McDonald’s India uses real cheese. Maharashtra govt plans to inspect all McDonald’s outlets. Westlife Foodworld actively engages with authorities, adheres to food standards, remains committed to transparency in ingredients and providing high-quality meals.
• GIRS2024: Retail CIOs emphasize building omnichannel platforms, personalised experiences
  06 March 2024, retail.economictimes.indiatimes.com
  At The Great India Retail Summit’s panel discussion titled ‘Power of Discovery: Retailers Decode the Evolution of Search and Personalization in an Omnichannel Era’, held on February 15 and 16 in Mumbai, industry leaders provided invaluable insights into the transformative potential of technological tools in revolutionizing customer experiences.
• Data-driven customer experience takes center stage at ETRetail GIRS’24
  06 March 2024, retail.economictimes.indiatimes.com
  The significance of harnessing data for enhancing customer insights and targeted marketing campaigns took center stage at The Great India Retail Summit 2024, held on February 15th and 16th.
• Brick-and-click synergy: D2C brands share strategies on integrating offline and online channels for success
  06 March 2024, retail.economictimes.indiatimes.com
  Leaders from D2C brands at The Great India Retail Summit 2024, shed light on the evolving strategies and challenges faced while navigating this complex landscape.
• Nykaa X Apparel Group = Nysaa in Dubai
  06 March 2024, indianretailer.com
  India’s leading beauty retailer, Nykaa, in collaboration with the GCC’s prominent retail conglomerate, Apparel Group, has opened the inaugural Nysaa Beauty Store at City Centre Mirdif, Dubai.
• Sai Silks Kalamandir Grows Retail Footprint in Khammam
  06 March 2024, indianretailer.com
  In a strategic move to reinforce its market presence, ethnic apparel retailer Sai Silks Kalamandir Ltd (SSKL) has inaugurated its 59th store in the Kancheepuram Varamahalakshmi Silks format, located in Khammam at Bypass Road.
• Dr.Rashel Expands Offline Presence with Mumbai Store Opening
  06 March 2024, indianretailer.com
  Beauty wellness brand Dr.Rashel, a part of the Petrol Perfume group, is pleased to announce the inauguration of its flagship skincare store in Mumbai. Located at Shop 3, Prakash Building, R.B. Mehta Marg, Ghatkopar (E), the grand opening is set for Sunday, 3rd March, featuring Tanishaa Mukerji, Actor, and Environmentalist, as the chief guest.
• Geetanjali Salon Expands Presence with Revamped Outlet in Vasant Kunj
  06 March 2024, indianretailer.com
  India’s prominent high-street beauty destination, Geetanjali Salon, boasting a network of over 170 salons nationwide, has revealed its enhanced and spacious outlet in Ambience Mall, Vasant Kunj.
• Spendvesting Success: Young Indians Save Rs 1.2 Lakhs Annually, Thanks to Innovative Strategy
  06 March 2024, retail.economictimes.indiatimes.com
  The traditional approach of saving for the future and spending in the present is getting a modern twist with the rise of spendvesting. This innovative financial strategy merges these seemingly opposing concepts, encouraging individuals to…
• Signature Global’s Deluxe DXP Project’s Record Sales Of Rs 3600 Cr
  05 March 2024, rprealtyplus.com
  ​Signature Global, a leading player in India’s real estate sector, has announced pre-formal launch sales of more than INR Rs 3600 crores for its latest premium housing residential development project, ‘DE LUXE-DXP,’ in…
• Harry Caplin-Rogers Joins Knight Frank As Director, International Capital Markets
  05 March 2024, rprealtyplus.com
  ​Knight Frank India, the country’s premium real estate consultancy, has appointed Harry Chaplin Rogers as Director of International Capital Markets…
• Cushman & Wakefield to design layout for phase 1 of fintech hub near Noida airport
  05 March 2024, realty.economictimes.indiatimes.com
  ​The firm, which submitted a proposal to the Yamuna Authority recently, also proposed to allocate 10% of the land parcel for allied commercial services…
• Lighthouse Funds invests Rs 229 crore in Safari Industries
  05 March 2024, retail.economictimes.indiatimes.com
  ​Mid-market consumer and healthcare-focused fund Lighthouse Funds has invested Rs 229 crore in luggage maker Safari Industries through its recent fund Lighthouse India Fund IV AIFThe domestic luggage market is estimated at Rs 15,000 crore, with organised players having a 40% share, according to ratings agency Crisil. Lighthouse Funds’ marquee investments include Bikaji Foods, Nykaa, Fabindia, and Ferns N Petals..
• Amazon Beauty eyes penetrating deeper into Tier II and beyond, expanding international portfolio
  05 March 2024, retail.economictimes.indiatimes.com
  ​At present, luxury and premium beauty along with men’s segment are the fastest growing segments for the marketplace…
• Pure-play online D2C brands step up offline presence to push growth
  05 March 2024, retail.economictimes.indiatimes.com
  ​Mamaearth, one of India’s prominent D2C brands, is expanding its reach with over 1.7 lakh retail touchpoints, marking a shift towards physical retail. Other brands like Licious and Minimalist are also adopting an omnichannel approach…
• FMCG sheds Covid hangover with Q3 ad binge
  05 March 2024, retail.economictimes.indiatimes.com
  ​Leading fast-moving consumer goods (FMCG) companies have ramped up advertising expenses, surpassing pre-Covid levels for the first time in the December quarter, as they aim to stimulate demand amid a robust economy…
• Panel Discussion on Retailtainment innovative approaches to captivate today’s consumers
  05 March 2024, retail.economictimes.indiatimes.com
  ​Catch the panel discussion on ‘Retailtainment innovative approaches to captivate today’s consumers’ with panelists – Amit Sharma, Managing Director, Miraj Cinemas; Suneel Dhar, Director & Co-Founder, Skyjumper Sports & Amusements; Dhimant Bakshi, CEO, Imagicaaworld Entertainment; Prakash Patel, Managing Director, Bhumi World; Rahul Dhamdhere, CMO, KidZania; and Abbas Jabalpurwala, CEO, Timezone Entertainment (TEEG India), moderated by – Anirban Roy Choudhury, Assistant Editor, ETBrandEquity…
• Inaugural Panel- ‘The future store: How technology and consumer trends are shaping retail?’
  05 March 2024, retail.economictimes.indiatimes.com
  ​Catch this panel discussion on ‘The future store: How technology and consumer trends are shaping retail?’ with panelists – Rajesh Jain, MD & CEO, Lacoste India; Sanjeev Rao, CEO, Being Human Clothing; Rajneesh Mahajan, CEO, Inorbit Malls;…
• Inaugural Panel-‘The consumer-centric retail vision navigating excellence & innovation in every aisle’
  05 March 2024, retail.economictimes.indiatimes.com
  ​Catch this exciting panel on ‘The consumer-centric retail vision navigating excellence & innovation in every aisle’ with panelists- Vineet Gautam, Country Head & CEO, Bestseller India; Abhishek Bansal, Executive Director, Pacific Development Corporation Ltd; Vishak Kumar, CEO, Madura Fashion & Lifestyle (ABFRL); Lavanya Nalli, Chairperson, Nalli Silks; Jatin Goel, Executive Director, Omaxe; and Shriti Malhotra, Group CEO, Quest Retail – House of Beauty, moderated by Govind Shrikhande, Retail Veteran & Former MD, Shoppers Stop…
• Italian luxury shoe brand Santoni to expand presence in India
  05 March 2024, livemint.com
  ​Italian bespoke shoe company Santoni is expanding its India presence and will add two more luxury boutiques in Mumbai and Hyderabad by 2026…
• Pernod Ricard India appoints Gagandeep Sethi as head of sustainability & responsibility
  05 March 2024, retail.economictimes.indiatimes.com
  ​Sethi will oversee design, development and implementation of several high-impact initiatives, with a deep focus on scalable water positivity and community-centred social impact programmes, the company said…
• The experience turn: A good news and a bad news for Indian retailers
  05 March 2024, retail.economictimes.indiatimes.com
  ​India’s consumer landscape is shifting towards discretionary items and durables. A joint study by BCG and RAI reveals a projected $2 trillion retail market in next 10 years, positioning India as a bright spot among global economies with strong GDP growth and robust private consumption. Read on to know more: …
• Indians are saving up to 20% on all lifestyle spends, travel among top categories: Report
  05 March 2024, retail.economictimes.indiatimes.com
  ​A report by Multipl reveals that Indians are saving up to 20% on lifestyle spending, with travel being the preferred category for spendvesting enthusiasts. Spendvesting combines investing and spending principles, allowing consumers to align their lifestyle goals with investing strategies…
• Punit Balana Expands Product Portfolio with “Modern Jaipur”
  05 March 2024, indianretailer.com
  ​Renowned designer Punit Balana recently unveiled his Spring Summer 24 collection, titled “Modern Jaipur,” capturing the vibrancy and regality of his hometown…
• Differences Between Store Retail and Non-Store Retail
  05 March 2024, indianretailer.com
  ​In today’s dynamic retail environment, understanding the nuances between store retail and non-store retail is crucial for entrepreneurs and business owners…
• Why Rural Markets are Crucial for the Expansion of the FMCG Sector
  05 March 2024, indianretailer.com
  ​The Fast-Moving Consumer Goods (FMCG) sector has long been a cornerstone of the Indian economy, offering a variety of everyday items that are essential to millions…
• Tata Consumer Products Records Q3 Revenue of Rs 3,803.9 cr
  05 March 2024, indianretailer.com
  ​Tata Consumer Products reported a consolidated net profit of INR 278.9 crore for the quarter ending December 31, 2023, reflecting a 20.7 percent year-on-year decline…
• What Technologies Will Drive the Next Boom in Indian Retail?
  05 March 2024, indianretailer.com
  ​The Indian retail landscape is undergoing a radical transformation. Consumer expectations are constantly evolving, demanding a seamless and personalized shopping experience…
• How Daalchini is Revolutionizing Micro Retail in India
  05 March 2024, retail.economictimes.indiatimes.com
  ​India’s retail landscape is a vibrant tapestry, rich in tradition yet ripe for innovation. In this bustling market, Daalchini Technologies emerges as a beacon of change, a pioneer redefining the nuances of micro retail…
• Bharti Realty To Develop Commercial District Near Delhi’s Airport
  04 March 2024, rprealtyplus.com
  ​Bharti Realty, the real estate arm of Bharti Enterprises, is planning to develop a large district near Delhi’s airport comprising 17 million sq ft of commercial area to tap a surge in demand for premium office and retail spaces, a top company official said…
• Zepto, Blinkit adding fashion, electronics, beauty and more
  04 March 2024, retail.economictimes.indiatimes.com
  ​Blinkit and Zepto are entering the fashion segment, partnering with apparel firms and sellers for listing of brands including Adidas, Pepe Jeans, Jockey, Manyavar, XYXX and Mad Over Print. While this is new territory for both platforms, people aware of the developments say the companies could end up becoming the go-to destinations for shoppers in certain use cases. ..
• Britannia explores JVs to enter high-margin categories such as chocolates, fresh dairy and salty snacks
  04 March 2024, retail.economictimes.indiatimes.com
  ​”Chocolates is a big market but difficult to penetrate and therefore, it will only be through a JV if and when it is possible,” he said. “We are present in multiple categories and want to get them larger before going to others. The go-to-market strategy with the help of Bain will help identify blank spaces more precisely to ensure improved distribution of its products across markets,” Varun Berry, vice-chairman and MD, said…
• Innovation and tech helping restaurants improve profitability
  04 March 2024, retail.economictimes.indiatimes.com
  ​Changing consumer preferences are forcing the food service industry to innovate to increase its profitability. At the Great India Retail Summit 2024, the industry stalwarts discussed on the compelling topic, ‘savoring success: tackling challenges and boosting profits as F&B brands evolve into culinary hotspots’…
• Apple set to hit sweet spot with Rs 70,000-crore India sales
  04 March 2024, retail.economictimes.indiatimes.com
  ​Analysts said the pace of expansion may slow in the next few years but will remain in the high double digits. The data cited refer to domestic sales, with iPhones accounting for 90-92% of sales. iPhone exports are not accounted for in Apple India’s books since these are global deals and the local unit is a sales entity…
• Godrej & Boyce to increase focus on smaller cities, invest Rs 40 crore in 3 years on distribution
  04 March 2024, retail.economictimes.indiatimes.com
  ​The company is targeting to grow its topline by 15-20 per cent per year, and it hopes for the store expansion to be one among several initiatives to realise its aim, the spokesperson added. When asked if the expansion activities will be franchisee-driven, the spokesperson said the store expansion will be both “company and channel-driven”…
• Fireside Chat on Creators’ Commerce Impact: Ashish Chanchlani on Creator Economy and brand deals
  04 March 2024, retail.economictimes.indiatimes.com
  ​Catch Ashish Chanchlani, YouTuber & Actor at ETRetail GIRS 2024 in a fireside chat on Creators’ commerce impact: Ashish Chanchlani on creator economy, brand deals, and redefining retail…
• Fireside Chat on Innovations in Retail Space: Redefining Luxury Store Concepts for the Indian Market
  04 March 2024, retail.economictimes.indiatimes.com
  ​Catch Neeta Lulla, Indian Fashion Designer at ETRetail GIRS 2024 in a fireside chat on Innovations in retail spaces: Redefining luxury store concepts for the Indian market…
• HCCB invests Rs 350 cr in Madhya Pradesh
  04 March 2024, retail.economictimes.indiatimes.com
  ​The investment will be used to introduce 2 manufacturing lines at HCCB’s factory in Rajgarh that will provide affordable small sparkling packs (ASSP) and juice tetra packs…
• Ice cream sales sizzle before summer onset
  04 March 2024, retail.economictimes.indiatimes.com
  ​Ice cream sales in Gujarat have grown 15% in February, driven by in-house and out-of-home consumption. Amul is expanding with new plants in Kutch, Surendranagar, Taloja, Pune, Ujjain, and Varanasi. Experts predict bumper growth in 2024-25 due to increased rural demand and stable milk powder prices…
• ‘FMCG sector is emerging as a key employer in UP’
  04 March 2024, retail.economictimes.indiatimes.com
  ​Listing some key projects, the spokesperson said that Varun Beverages Limited has joined the league of major investors in the FMCG sector in UP through GBC 4.0 and is set to establish manufacturing plants in Purvanchal, Bundelkhand and Madhyanchal regions (Prayagraj, Gorakhpur, Amethi and Chitrakoot at a cost of Rs 3,500 crore)…
• Retail leaders emphasize the importance of loyalty programs and in-store technology to retain consumers
  04 March 2024, retail.economictimes.indiatimes.com
  ​The loyalty programs have evolved over the years. Retailers think about how to retain customers and ensure footfall, revolving around this concept retail leaders shared their insights in a panel discussion at the Great India Retail Summit 2024 held on 15 and 16th February in Mumbai titled ‘Loyalty programs and in-store technology: rewarding and retaining customers’…
• Brands elevating product packaging and presentation for enhanced brand perception
  04 March 2024, retail.economictimes.indiatimes.com
  ​For product packaging, different brands have different brand philosophies and different categories have different demands. An esteemed set of panelists delved deeper into the topic “Elevating product packaging and presentation: Strategies for enhanced brand perception” at the Great India Retail Summit to understand how the right packaging helps brands in winning loyal consumers…
• Franck Provost Debuts Parisian Salon in Bangalore’s Indiranagar
  04 March 2024, indianretailer.com
  ​In a significant move for India’s beauty retail landscape, Franck Provost, Europe’s premier hair salon brand, marked the inauguration of its maiden Indian salon in Indiranagar, Bangalore…
• Embracing Social Commerce for a New Era of Retail
  04 March 2024, indianretailer.com
  ​In the ever-evolving landscape of commerce, the transition from brick-and-mortar stores to virtual marketplaces has been nothing short of revolutionary. Over the past few decades, the advent of e-commerce has transformed the way…
• Over 60 pc consumers prefer shopping via apps, says report
  02 March 2024, retail.economictimes.indiatimes.com
  ​In recent years, approximately 12.5 crore consumers in India have embraced online shopping, with a significant portion hailing from tier-II, -III, and -IV cities…
• Fashion designer Neeta Lulla on redefining luxury store concepts for the Indian market
  02 March 2024, retail.economictimes.indiatimes.com
  ​On luxury retailers adopting tech, she said augmented reality, magic mirrors, etc, are great if consumers are buying a bag, glasses, T-shirts, or shirts but when it comes to buying something expensive, they still prefer to touch and feel the product and this is imbibed in our system…
• Navigating digital transformation: Retail leaders share key challenges in adopting an omnichannel retail strategy
  02 March 2024, retail.economictimes.indiatimes.com
  ​Panel discussion on navigating the digital transformation: Key challenges in adopting an omnichannel retail strategy at the Great India Retail Summit 2024…
• Retailtainment revolution: Bridging tech and entertainment at Great India Retail Summit 2024
  02 March 2024, retail.economictimes.indiatimes.com
  ​The summit featured a compelling panel discussion titled ‘Retailtainment: Innovative approaches to captivate today’s consumer,’ where key players shared their insights on the evolving landscape…
• How India and Bharat shop for goods online: A look into the carts
  02 March 2024, retail.economictimes.indiatimes.com
  ​Online shopping trend expands beyond metros due to growing digital literacy and internet connectivity. PwC report identifies key differences in preferences of online shoppers in big cities and small towns. Urban dwellers prioritize prompt delivery services for instant gratification at a premium price in urban areas…
• Target set for sales rebound in 2024, despite holiday blues
  02 March 2024, retail.economictimes.indiatimes.com
  ​The Minneapolis-based firm is expected to report a 4.6% drop in comparable sales for the holiday quarter and a 3.6% decline for the year, according to LSEG estimates…
• GST collection rises 12.5% YoY to ₹1.68 lakh crore in February, gross FY24 sum at ₹18.4 lakh crore
  02 March 2024, livemint.com
  ​The GST collection in February grew 12.5 per cent to over ₹1.68 lakh crore, buoyed by domestic transactions, the finance ministry said on Friday…
• Beiersdorf warns of slowing sales growth amid soft demand
  02 March 2024, retail.economictimes.indiatimes.com
  ​Beiersdorf, which typically sets cautious guidance, recorded full-year sales of 9.5 billion euros ($10.3 billion), up from 8.8 billion euros in 2022, in line with Beiersdorf’s guidance for low-double-digit organic growth. The German company cautioned that sales growth would slow to a mid-single-digit percentage this year…
• Best Buy thrives in holiday quarter on discounts, paid memberships
  02 March 2024, retail.economictimes.indiatimes.com
  ​Shares of the top U.S. electronics retailer rose 5% as it forecast a recovery in comparable sales in the back half of 2024 and said it would cut some roles without giving more details…
• Nippon Paint Expands Offline Presence with Paint House Launch in Bengaluru
  02 March 2024, indianretailer.com
  ​Nippon Paint has taken a significant stride in expanding its footprint in Karnataka with the inauguration of Paint House in Bengaluru. Located at #236/2, Ground Floor, Jnan Jyothi Complex, Opp. Seshadripuram College, Magadi Road, B-23, this store marks a strategic move for Nippon Paint in the vibrant state…
• Snitch Expands Offline Presence in Surat with Debut Megastore at VR Mall
  02 March 2024, indianretailer.com
  ​Snitch has made its mark in Surat, one of India’s fastest-growing cities, with the inauguration of its first megastore at VR Mall, a premier community-oriented lifestyle destination in the heart of the city…
• Imagine Tresor Opens Store at Reach 3 Roads, Gurugram
  02 March 2024, indianretailer.com
  ​In a significant move for the retail landscape in India, Imagine Tresor, the authorized Apple retailer, recently inaugurated its expansive store at Reach 3 Roads in Gurugram…
• The Impact of Red Sea Crisis on Retail Sector: Measures Logistics Players are Taking to Sustain Demand and Supply
  02 March 2024, retail.economictimes.indiatimes.com
  ​The Red Sea crisis, sparked by escalating tensions in the region, has cast a shadow of uncertainty over various industries, with the retail sector being significantly affected…
• Navigating the Future: Retail Trends Shaping 2024 and Beyond
  02 March 2024, indianretailer.com
  ​In the retail world of 2024, we’re witnessing a fascinating transformation driven by tech advancements. Retailers are diving into innovative tools like AI, machine learning, and cloud systems to streamline operations & enhance..
• How The Organic World’s Pledge to Reach 100 Stores in 18 Months will Disrupt India’s Retail Landscape
  02 March 2024, indianretailer.com
  ​In 2017, The Organic World (TOW), sprouted as the green heart of Nimida Group in Bengaluru, sowing the seeds of sustainability to cultivate positive change in our way of life…
• February 2024’s Funding Frenzy Fuels Retail Innovation and Expansion Across Diverse Sectors
  02 March 2024, indianretailer.com
  ​In the dynamic world of retail, innovation, and growth go hand in hand, with visionary brands constantly pushing boundaries to meet evolving consumer demands. February 2024 witnessed a flurry of funding activity, with several retail brands securing significant investments to propel their expansion and innovation efforts…
• Definition, Landscape and Market Impact
  02 March 2024, indianretailer.com
  ​Retail investors, also known as individual investors, are the everyday people who drive a significant portion of the financial market. They are the ones making investment decisions for their own personal goals, not managing funds for others…
• Gyproc India Advances Sustainable Retail Construction with Low-Carbon Plasters
  02 March 2024, indianretailer.com
  ​Gyproc India has introduced a significant development at its Tiruvallur facility, revealing the production of low-carbon plasters…
• UNIQLO Reveals PEACE FOR ALL Designs by Global Contributors
  02 March 2024, indianretailer.com
  ​Global retail giant UNIQLO has unveiled four new designs for its ongoing PEACE FOR ALL charity T-shirt project, expressing a shared desire for peace. Collaborators, each with close ties to UNIQLO, provide unique designs for the T-shirts, with all profits from sales dedicated to international humanitarian organizations…
• Pidilite Industries Strengthens Leadership for Retail Growth in India
  02 March 2024, retail.economictimes.indiatimes.com
  ​In a strategic move, the Board of Directors of Pidilite Industries Limited has given the nod for the appointment of Sudhanshu Vats as Managing Director Designate and Kavinder Singh as Executive Director and Joint Managing Director Designate…
• Zepto launches membership programme for all users
  01 March 2024, retail.economictimes.indiatimes.com
  ​The membership, priced at between Rs 149 and Rs 299 per month for various users, will allow for free deliveries of orders above Rs 99…
• Pidilite appoints Sudhanshu Vats as MD designate; Bharat Puri to step down
  01 March 2024, retail.economictimes.indiatimes.com
  ​The board of Pidilite — maker of Fevicol, Dr Fixit, Fevikwik and M-Seal — at its meeting held on Thursday approved the appointment of Vats as Managing Director Designate, who is currently Deputy Managing Director of Pidilite Industries…
• E-commerce drives one-third of biz for Disney Consumer Products, says top official
  01 March 2024, retail.economictimes.indiatimes.com
  ​Speaking exclusively at The Great India Retail Summit 2024, held earlier this month in Mumbai, Sanjeet Mehta, ED- Indonesia, MENA & India (Disney Consumer Products), The Walt Disney Company, said, “Modern trade and e-commerce have been quite important channels for us. About a third of our business comes from e-commerce. It’s a high-growth channel for us.”..
• V2 Retail plans to open 25 stores in next 4 months; focus on product development
  01 March 2024, retail.economictimes.indiatimes.com
  ​Akash Agarwal, Director of V2 Retail said the profitability is in focus and the company is aiming to achieve an EBITDA of Rs 100 crore in the upcoming fiscal year. In a BSE filing in February 2024, the company said its EBITDA for the third quarter ended December 2023, stood at Rs 60.9 crore as compared to Rs 38.1 crore in Q3 FY23, registering a year-on-year (YoY) growth of 60 per cent…
• Premium segment to clock robust growth over 3-4 years: CK Venkataraman, MD, Titan
  01 March 2024, retail.economictimes.indiatimes.com
  ​“In the significant per-capita income shift that’s expected to happen in the next few years, the top-tier income segment numbers are expected to grow faster than those income segments which are lower,” said Venkataraman, winner of the ET Business Leader of the Year award…
• Dabur’s Mohit Malhotra on crafting the future of retail in India
  01 March 2024, retail.economictimes.indiatimes.com
  ​Talking about the changing consumer behavior, he said, India is getting younger and this younger population will embrace brands, retail environments, and ecosystems that are talking about responsibility, sustainability, social improvement, respectfulness, and transparency. Clean label is the future of the country…
• United Breweries launches London Pilsner Beer in Karnataka
  01 March 2024, thehindubusinessline.com
  ​Karnataka is the second market after Maharashtra where London Pilsner is going to be available United Breweries Limited (UBL), part of the Heineken company, has launched London Pilsner Strong Beer in Karnataka….
• Restaurant chain startup Bansooriwala’s looks to expand presence in North India
  01 March 2024, retail.economictimes.indiatimes.com
  ​The company said the first outlet will open on the Delhi-Mumbai expressway in coming months. With the launch of these outlets, the firm is expecting four times more revenue generation in FY 2024-25 compared to FY 2023-24…
• Indian economy grows 8.4% in Q3FY24; full-year estimate up to 7.6%
  01 March 2024, retail.economictimes.indiatimes.com
  ​The Indian economy experienced a faster-than-anticipated expansion of 8.4% in Q3FY24, pushing FY24 growth to 7.6%, up from 7.3% in January. The growth was primarily driven by investment and manufacturing, but also by a downward revision to the previous year’s numbers and a boost in net taxes. The growth reached its highest level in one and a half years, with the FY23 number revised downwards to 7% from 7.2% projected earlier…
• Fast-growing retail sector fuelling demand for commercial space
  01 March 2024, retail.economictimes.indiatimes.com
  ​Homegrown retail brands like Zudio, D-Mart, Style Union, Ratnadeep, Reliance Trends and Azorte are rapidly scaling up their operations, in turn leasing sizable real estate…
• Livpure expands in the South market with Inflame Appliances
  01 March 2024, retail.economictimes.indiatimes.com
  ​With this collaboration, Livpure aims to meet the demand for chimneys in the region and further solidify its foothold in the South Indian market, read the release…
• Somany Impresa Group appoints Shashvat Somany as head of strategy
  01 March 2024, retail.economictimes.indiatimes.com
  ​“I am thrilled to embark on this new chapter with Somany Impresa Group. The Group’s commitment to innovation and forward-thinking approach is truly inspiring,’ said Shasvant Somany, head of strategy, Somany Impresa Group…
• Etchcraft Emporium Expands Global Presence with Focus on American Market
  01 March 2024, indianretailer.com
  ​India’s Etchcraft Emporium, renowned for instant customization and engraving, is making waves internationally with a strategic thrust into the thriving American market…
• Bay Window Opens Gachibowli Concept Gallery
  01 March 2024, indianretailer.com
  ​Bay Window has announced the opening of a new concept gallery in Gachibowli, Hyderabad. Expanding from its flagship space in Jubilee Hills, this 6500 sq.ft gallery aims to redefine the furniture shopping experience with a focus on technology and design…
• Aditya Birla Fashion and Retail Marks a Decade of Sustainability with “Fashionabling Earth”
  01 March 2024, indianretailer.com
  ​Aditya Birla Fashion and Retail Limited (ABFRL) proudly unveils “Fashionabling Earth,” a 3D coffee table book, at Bharat Tex 2024…
• True Diamond Takes Center Stage in India’s Lab-Grown Diamond Retail
  01 March 2024, indianretailer.com
  ​True Diamond has announced its debut as a premier destination for luxury lab-grown diamond jewelry. With a commitment to redefining diamond jewelry through artistry, technology, and sustainability, True Diamond aims to set a new standard for elegance and ethics…
• Da Milano Sets a New Standard for Spring Trends
  01 March 2024, indianretailer.com
  ​Da Milano has introduced its much-anticipated Spring Summer 2024 collection, representing refined taste and sophistication that encourages individuals to embrace their true selves through effortless styling…
• What is Retail Price | Meaning & Formula Explained and How to Calculate It
  01 March 2024, retail.economictimes.indiatimes.com
  ​Imagine you’re walking through a grocery store, overwhelmed by choices. A sea of similar products beckons, each with a price tag whispering its value proposition. But how do these prices come to be? The answer lies in the…
• Yoho Shakes Up Indian Sneaker Scene with Blinc
  01 March 2024, indianretailer.com
  ​Yoho, a D2C brand renowned for its comfortable footwear, has launched India’s first-ever hands-free sneakers – Blinc. Available in various colors, including four for men and nine for women, Blinc seamlessly blends style with functionality, ensuring every step is a testament to comfort and convenience…
• UNIREC Highlights Sustainable Fashion at Bharat Tex – 2024
  01 March 2024, indianretailer.com
  ​UNIREC has announced its participation in Bharat Tex – 2024, a significant event in India’s textile industry. This event, driven by Prime Minister Modi’s 5F Vision, focuses on a comprehensive farm-to-foreign approach in the textile supply chain, involving fiber, fabric, and fashion…
• Zepto launches membership programme for all users
  01 March 2024, retail.economictimes.indiatimes.com
  ​The membership, priced at between Rs 149 and Rs 299 per month for various users, will allow for free deliveries of orders above Rs 99…
• Pidilite appoints Sudhanshu Vats as MD designate; Bharat Puri to step down
  01 March 2024, retail.economictimes.indiatimes.com
  ​The board of Pidilite — maker of Fevicol, Dr Fixit, Fevikwik and M-Seal — at its meeting held on Thursday approved the appointment of Vats as Managing Director Designate, who is currently Deputy Managing Director of Pidilite Industries…
• E-commerce drives one-third of biz for Disney Consumer Products, says top official
  01 March 2024, retail.economictimes.indiatimes.com
  ​Speaking exclusively at The Great India Retail Summit 2024, held earlier this month in Mumbai, Sanjeet Mehta, ED- Indonesia, MENA & India (Disney Consumer Products), The Walt Disney Company, said, “Modern trade and e-commerce have been quite important channels for us. About a third of our business comes from e-commerce. It’s a high-growth channel for us.”..
• V2 Retail plans to open 25 stores in next 4 months; focus on product development
  01 March 2024, retail.economictimes.indiatimes.com
  ​Akash Agarwal, Director of V2 Retail said the profitability is in focus and the company is aiming to achieve an EBITDA of Rs 100 crore in the upcoming fiscal year. In a BSE filing in February 2024, the company said its EBITDA for the third quarter ended December 2023, stood at Rs 60.9 crore as compared to Rs 38.1 crore in Q3 FY23, registering a year-on-year (YoY) growth of 60 per cent…
• Premium segment to clock robust growth over 3-4 years: CK Venkataraman, MD, Titan
  01 March 2024, retail.economictimes.indiatimes.com
  ​“In the significant per-capita income shift that’s expected to happen in the next few years, the top-tier income segment numbers are expected to grow faster than those income segments which are lower,” said Venkataraman, winner of the ET Business Leader of the Year award…
• Dabur’s Mohit Malhotra on crafting the future of retail in India
  01 March 2024, retail.economictimes.indiatimes.com
  ​Talking about the changing consumer behavior, he said, India is getting younger and this younger population will embrace brands, retail environments, and ecosystems that are talking about responsibility, sustainability, social improvement, respectfulness, and transparency. Clean label is the future of the country…
• United Breweries launches London Pilsner Beer in Karnataka
  01 March 2024, thehindubusinessline.com
  ​Karnataka is the second market after Maharashtra where London Pilsner is going to be available United Breweries Limited (UBL), part of the Heineken company, has launched London Pilsner Strong Beer in Karnataka….
• Restaurant chain startup Bansooriwala’s looks to expand presence in North India
  01 March 2024, retail.economictimes.indiatimes.com
  ​The company said the first outlet will open on the Delhi-Mumbai expressway in coming months. With the launch of these outlets, the firm is expecting four times more revenue generation in FY 2024-25 compared to FY 2023-24…
• Indian economy grows 8.4% in Q3FY24; full-year estimate up to 7.6%
  01 March 2024, retail.economictimes.indiatimes.com
  ​The Indian economy experienced a faster-than-anticipated expansion of 8.4% in Q3FY24, pushing FY24 growth to 7.6%, up from 7.3% in January. The growth was primarily driven by investment and manufacturing, but also by a downward revision to the previous year’s numbers and a boost in net taxes. The growth reached its highest level in one and a half years, with the FY23 number revised downwards to 7% from 7.2% projected earlier…
• Fast-growing retail sector fuelling demand for commercial space
  01 March 2024, retail.economictimes.indiatimes.com
  ​Homegrown retail brands like Zudio, D-Mart, Style Union, Ratnadeep, Reliance Trends and Azorte are rapidly scaling up their operations, in turn leasing sizable real estate…
• Livpure expands in the South market with Inflame Appliances
  01 March 2024, retail.economictimes.indiatimes.com
  ​With this collaboration, Livpure aims to meet the demand for chimneys in the region and further solidify its foothold in the South Indian market, read the release…
• Somany Impresa Group appoints Shashvat Somany as head of strategy
  01 March 2024, retail.economictimes.indiatimes.com
  ​“I am thrilled to embark on this new chapter with Somany Impresa Group. The Group’s commitment to innovation and forward-thinking approach is truly inspiring,’ said Shasvant Somany, head of strategy, Somany Impresa Group…
• Etchcraft Emporium Expands Global Presence with Focus on American Market
  01 March 2024, indianretailer.com
  ​India’s Etchcraft Emporium, renowned for instant customization and engraving, is making waves internationally with a strategic thrust into the thriving American market…
• Bay Window Opens Gachibowli Concept Gallery
  01 March 2024, indianretailer.com
  ​Bay Window has announced the opening of a new concept gallery in Gachibowli, Hyderabad. Expanding from its flagship space in Jubilee Hills, this 6500 sq.ft gallery aims to redefine the furniture shopping experience with a focus on technology and design…
• Aditya Birla Fashion and Retail Marks a Decade of Sustainability with “Fashionabling Earth”
  01 March 2024, indianretailer.com
  ​Aditya Birla Fashion and Retail Limited (ABFRL) proudly unveils “Fashionabling Earth,” a 3D coffee table book, at Bharat Tex 2024…
• True Diamond Takes Center Stage in India’s Lab-Grown Diamond Retail
  01 March 2024, indianretailer.com
  ​True Diamond has announced its debut as a premier destination for luxury lab-grown diamond jewelry. With a commitment to redefining diamond jewelry through artistry, technology, and sustainability, True Diamond aims to set a new standard for elegance and ethics…
• Da Milano Sets a New Standard for Spring Trends
  01 March 2024, indianretailer.com
  ​Da Milano has introduced its much-anticipated Spring Summer 2024 collection, representing refined taste and sophistication that encourages individuals to embrace their true selves through effortless styling…
• What is Retail Price | Meaning & Formula Explained and How to Calculate It
  01 March 2024, retail.economictimes.indiatimes.com
  ​Imagine you’re walking through a grocery store, overwhelmed by choices. A sea of similar products beckons, each with a price tag whispering its value proposition. But how do these prices come to be? The answer lies in the…
• Yoho Shakes Up Indian Sneaker Scene with Blinc
  01 March 2024, indianretailer.com
  ​Yoho, a D2C brand renowned for its comfortable footwear, has launched India’s first-ever hands-free sneakers – Blinc. Available in various colors, including four for men and nine for women, Blinc seamlessly blends style with functionality, ensuring every step is a testament to comfort and convenience…
• UNIREC Highlights Sustainable Fashion at Bharat Tex – 2024
  01 March 2024, indianretailer.com
  ​UNIREC has announced its participation in Bharat Tex – 2024, a significant event in India’s textile industry. This event, driven by Prime Minister Modi’s 5F Vision, focuses on a comprehensive farm-to-foreign approach in the textile supply chain, involving fiber, fabric, and fashion…
• Reliance Industries in talks to bring British fashion retailer Primark to India
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​Primark has been a successful value-priced retailer and its global revenue has exploded in the last few years, aside from two Covid-hit years. Average prices are even cheaper than retailers such as H&M and Uniqlo. While China is the largest source country for Primark, India is second in the number of small to large factories that supply the company. Nearshoring is already embedded in Primark’s supply chain strategy, and it can deliver goods from Indian suppliers directly to a local retail unit for cost control and flexibility while being responsive to local market needs…
• Indian retail market to soar to $2 trillion in next 10 years: Report
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​The drop in the growth rate for organized retailers is higher than that of category. Some large retailers have reported a decline in LFL store growth. Profitability at the same time has remained consistent and in line with global peers, the report said…
• Retail leaders lobby for industry status, level playing field with global brands
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​Speaking to ETRetail on the sidelines of the discussion, Rahul Mehta, Chief Mentor, CMAI said, “We want retail to be recognised as an industry. It is today a state subject, thus companies have to follow different regulations, leading to complexity.”..
• Reliance Consumer Products to bring Sri Lankan beverage brand Elephant House to India
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​Under this partnership, Reliance Consumer will manufacture, market, distribute and sell beverages under the Elephant House brand across India, the release read…
• Patna still can have six more malls, said Prakash Jha, Indian film producer, actor, and founder P&M Mall
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​”The mall in Dhanbad spans across 6 lakh sq ft and has a six-screen cinema along with the retail brands. It is a mixed-used property and we will soon be opening a Radisson hotel over there,” he said…
• Brand narratives should resonate with changing consumer preferences, says The Good Glamm Group’s Priyanka Gill
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​The brand owners must know why their brand exists and what pain points the brand is solving for consumers and that’s when brand owners can build a compelling brand narrative, she stated…
• Lighthouse invests Rs 284 crore in jewellery brand Kushal’s
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​Kushal’s will use the funds to strengthen its brand and increase its retail footprint. The jewellery brand aims to open more than 300 stores in the next three to four years. The funds will also be used to build technology…
• Malabar Gold & Diamonds set to expand with 10 new Stores, targeting 350 global outlets by March
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​Malabar Gold and Diamonds plans to expand by opening ten new stores, aiming to reach a total of 350 stores globally by March. Currently ranked as the world’s sixth-largest jewellery group and 19th in Deloitte’s luxury goods global ranking, Malabar is making its first entry into Rajasthan and Puducherry with the new store openings in India…
• Macy’s Must Let Go of Its Middle-Class Fantasy
  29 Feb 2024, livemint.com
  ​Macy’s Inc. is recycling an old turnaround strategy that smacks of desperation to keep the idea of the American middle class — and upward mobility — alive…
• Online seafood firm Captain Fresh acquires US-based distributor
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​Captain Fresh founder and chief executive Utham Gowda did not disclose the deal value, but said that his firm was fully acquiring CenSea in a cash-and-stock deal, with 90% of the consideration paid in cash. ..
• Baskin Robbins plans to reach 1,000 stores mark in India and SAARC region by 2024
  29 Feb 2024, retail.economictimes.indiatimes.com
  ​The brand has invested Rs 100 crore in a new factory in India in 2022. With this the brand has made its product available in over 4,000 retail outlets…
• ASUS India Expands Retail Presence with New Pegasus Store in Noida
  29 Feb 2024, indianretailer.com
  ​In a move to strengthen its retail presence across India, ASUS India, a prominent Taiwanese tech company, has unveiled the opening of the Pegasus store in Noida. Spanning 400 sq. ft., the new Pegasus store will offer a wide…
• Gargi Jewelry Strengthens Retail Presence in Shoppers Stop Outlets
  29 Feb 2024, indianretailer.com
  ​Gargi by P N Gadgil and Sons (PNGS), a leading publicly listed fashion jewelry brand, recently announced the inauguration of its new shop-in-shop stores at Shoppers Stop outlets in Latur and Hyderabad…
• Satya Paul Elevates Retail Experience with Phoenix Palladium Store
  29 Feb 2024, indianretailer.com
  ​Satya Paul opens the doors to its latest retail venture in the bustling city by the sea, situated in Phoenix Palladium. Spanning approximately 900 square feet, the experimental and bold space perfectly mirrors the fashion brand’s overarching ethos…
• 43 pc Prioritize Personalized Customer Support in Retail
  29 Feb 2024, indianretailer.com
  ​In the fast-paced world of retail, delivering exceptional customer experience is not just a goal; it’s a necessity. From the traditional markets of Delhi to the tech-savvy hubs of Bangalore, the landscape of Indian retail is witnessing a…
• Agriculture Secretary Stresses Digital Role in Empowering Agri Sector
  29 Feb 2024, indianretailer.com
  ​Manoj Ahuja, Secretary of the Ministry of Agriculture and Farmers Welfare, Government of India, highlighted the crucial role of digital infrastructure in propelling agricultural innovation and empowerment…
• Godrej Security Solutions Witnesses 15 pc Surge in Retail Biz
  29 Feb 2024, indianretailer.com
  ​In a recent announcement, Godrej and Boyce, the flagship company of the Godrej Group, disclosed a robust 15 percent growth in its retail business, specifically within Godrej Security Solutions…
• India Set to Host Historic ‘Startup Mahakumbh’ Event
  29 Feb 2024, indianretailer.com
  ​In a significant development for India’s burgeoning startup landscape, the country is poised to host its first-ever ‘Startup Mahakumbh’, a colossal celebration of innovation, entrepreneurship, and investment set to take place from March 18-20, 2024, at the esteemed Bharat Mandapam in Pragati Maidan, New Delhi…
• Overview of Retail Sector, Market Size, Growth
  29 Feb 2024, indianretailer.com
  ​The vibrant tapestry of Indian retail is a captivating blend of tradition and innovation, a sector pulsating with immense potential…
• Residential Real Estate Construction Costs Rise By 0.7% In Q3FY24
  28 Feb 2024, rprealtyplus.com
  ​The latest data from the TruBoard Real Estate Construction Cost Index indicates that developersare experiencing relatively mild cost pressures…
• Developers Acquire Total Of 1,947 Acres Land In CY2023
  28 Feb 2024, rprealtyplus.com
  ​The year 2023 stands out as a record-breaking year for real estate across all asset classes reflected by the strong performance indicators of both demand and supply…
• Bharti Realty to build 17 million sq. ft. of office, retail space in Delhi
  28 Feb 2024, indiaretailing.com
  ​Bharti Realty, the real estate arm of Bharti Enterprises, is planning to develop a large business district near Delhi’s airport comprising 17 million sq. ft. of commercial area to tap a surge in demand for premium office and retail spaces, a top company official said…
• IGP Expands Presence with Mumbai Retail Store Launch
  28 Feb 2024, indianretailer.com
  ​IGP, a leading player in the gifting industry, has unveiled its inaugural retail store in Bandra West, Mumbai. This move signifies a strategic step in IGP’s customer engagement strategy, with plans to introduce two additional stores in…
• Madras Mandi Plans Extensive Offline Expansion with 20 New Stores in Chennai
  28 Feb 2024, indianretailer.com
  ​Madras Mandi, a prominent fresh produce brand, is set to broaden its footprint in the Chennai market, aiming to launch 20 new stores across the city by the end of 2024…
• VIP Industries Opens Caprese Handbags Store
  28 Feb 2024, indianretailer.com
  ​VIP Industries Limited has unveiled its inaugural exclusive Caprese handbags store in Delhi South Ex. The 300 sq ft. store signifies a significant stride in VIP Industries’ commitment to delivering the latest collections from the esteemed Caprese brand to the discerning audience in Delhi, India…
• Nat Habit Empowers Marketing Strategy with Ankita Srivastava as CMO
  28 Feb 2024, indianretailer.com
  ​Amidst the dynamic expansion of India’s beauty and wellness industry, Nat Habit welcomes Ankita Srivastava as the Chief Marketing Officer, leveraging her extensive experience in shaping marketing strategies for some of the country’s most beloved personal care brands…
• Unveiling India’s Retail Revolution: Tech Disruptions, Consumer Shifts, and the Future of E-Commerce
  28 Feb 2024, indianretailer.com
  ​India’s retail industry is undergoing an unprecedented transformation driven by technological disruptions, evolving consumer behavior and new innovations redefining the retail experience…
• Shadowfax Bags $100 mn in Series E Funding Round to Expand Logistics Network
  28 Feb 2024, indianretailer.com
  ​Shadowfax has concluded its Series E funding round, raising $100 million in investments, led by TPG NewQuest, with continued support from existing investors, such as Mirae Asset Venture Investments (India), Flipkart, International Finance Corporation, Nokia Growth Partners, Qualcomm, and Trifecta Capital…
• Will Cafe and Retail Fusion Reshape Restaurant Business
  28 Feb 2024, irecwire.com
  ​Traditionally, cafe and retail spaces have often been associated with coffee shops selling their in-house brands such as Roastery House or Blue Tokai…
• Indian State to Inspect Global Fast-Food Chains Post McDonald’s Cheese Crackdown
  28 Feb 2024, indianretailer.com
  ​Maharashtra will expand its inspection to global fast-food chain outlets, investigating the misrepresentation of products claiming to contain real cheese but possibly using alternatives…
• Kailash Gundupalli Appointed as Executive Chef at The Westin Mumbai Powai
  28 Feb 2024, indianretailer.com
  ​The Westin Mumbai Powai Lake & Lakeside Chalet Mumbai – Marriott Executive Apartments has named Kailash Gundupalli as its executive chef, marking a significant addition to the executive committee management…
• Courtyard by Marriott Bengaluru Hebbal brings Mughlai Darbar to Namma Bengaluru
  28 Feb 2024, indianretailer.com
  ​Nazaara is the renowned rooftop restaurant at Courtyard by Marriott Bengaluru Hebbal, recognized for its exceptional food festivals, is gearing up to launch a 10-day culinary extravaganza from March 1st to March 10th…
• Quick Service Restaurants Struggle amid Revenue, Margin Pressures: Report
  28 Feb 2024, indianretailer.com
  ​The surge in food delivery platforms such as Zomato and Swiggy has posed significant challenges for quick service restaurant (QSR) operators, leading to considerable strain on their revenue and margins…
• Priyank Sukhija Unveils Bizou-Bizou in Aerocity
  28 Feb 2024, indianretailer.com
  ​Priyank Sukhija is renowned for crafting unparalleled dining experiences, introduces his newest creation, Bizou-Bizou…
• Joy Personal Care and Gujarat Giants Team Up for Inclusivity in Sports
  28 Feb 2024, indianretailer.com
  ​Joy Personal Care joins hands with Gujarat Giants as an associate sponsor for the Women’s Premier League. The collaboration extends beyond sports, embodying Joy’s commitment to breaking beauty stereotypes and fostering a more inclusive narrative…
• Ira by Orchid Hotels, Nashik Appoints Amol Dhurve as General Manager
  28 Feb 2024, retail.economictimes.indiatimes.com
  ​Ira by Orchid Hotels is a recently established venue known for its outstanding hospitality and quality, has declared Amol Dhurve as its General Manager…
• Snitch appoints Varun Muralidharan as lead retail operations and projects head
  28 Feb 2024, retail.economictimes.indiatimes.com
  ​Commenting on his appointment, Siddharth Dungerwal, founder, Snitch said, “With his innovative thinking and customer-centric approach, we are confident in his ability to further our mission of providing seamless and enjoyable shopping experiences for our customers.”..
• Puma sees weaker first half due to “challenging” market
  28 Feb 2024, retail.economictimes.indiatimes.com
  ​Sportswear companies including Adidas, Nike, and Puma, have seen demand weaken as customers battling with inflation cut spending on non-essential goods…
• World Gold Council names Sachin Jain new India CEO
  28 Feb 2024, retail.economictimes.indiatimes.com
  ​Sachin Jain, appointed as the new CEO for India by the World Gold Council, brings a deep understanding of the Indian consumer and jewellery market. He joins from De Beers, where he led the De Beers Forevermark business in India and the Middle East…
• Swiggy changes company’s registered name to reflect ‘core brand’ ahead of planned IPO
  27 Feb 2024, retail.economictimes.indiatimes.com
  ​Swiggy Pvt Ltd (formerly Bundl Technologies Pvt Ltd) changed its name for brand proximity. It operates under brands like Instamart, Dine Out, and Genie. Swiggy is preparing for a $1 billion IPO and aims to achieve profitability by reducing costs. Zomato is its main rival…
• Quick service restaurants’ revenue, margin under severe stress; recovery seems distant: report
  27 Feb 2024, retail.economictimes.indiatimes.com
  ​The report by French brokerage BNP Paribas stated that the rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery sales. Also, with more restaurants partnering with food delivery platforms, consumers now have more options, leading to fragmented sales which are likely playing a part in the weakness in average daily sales of the QSR industry besides the general weakness in demand due to elevated inflation, the report highlighted…
• Regional content creators to be stars of the country, says YouTuber Ashish Chanchlani
  27 Feb 2024, retail.economictimes.indiatimes.com
  ​”Views are not the measure of how your brand will get a conversion,” Chanchlani asserted, highlighting the importance of understanding the creator’s audience and aligning brand messaging accordingly…
• Snapdeal expands its lifestyle portfolio; Onboards 1200 brands
  27 Feb 2024, retail.economictimes.indiatimes.com
  ​“Our vision is to establish Snapdeal as the go-to destination for a value-centric lifestyle,” said Himanshu Chakrawarti, CEO, Snapdeal. Over the next 2 months, the e-tailer is aiming to add another 800 brands, the release read…
• Flipkart launches its fourth grocery fulfillment centre in West Bengal
  27 Feb 2024, retail.economictimes.indiatimes.com
  ​The centre will generate more than 700 direct and indirect local jobs while providing nationwide market entry for thousands of local sellers, MSMEs, and small-scale farmers, read the release…
• Wendy’s burger price to go up after Uber-like strategy?
  27 Feb 2024, retail.economictimes.indiatimes.com
  ​Wendy’s burger’s price will not remain static as it plans to introduce Uber-style dynamic pricing strategy..
• Nat Habit strengthens leadership team; eyes offline expansion
  27 Feb 2024, retail.economictimes.indiatimes.com
  ​To accelerate the growth of the brand further, Das said, “We will be doing a brand awareness campaign in the coming quarter and we will also be foraying into the offline space with general trade and modern trade stores. Initially, we will be launching only 15 SKUs offline.”..
• Chumbak Unveils New Retail Outlet in Gurgaon
  27 Feb 2024, indianretailer.com
  ​Chumbak, the leading lifestyle brand celebrated for its uniquely Indian-inspired homeware collection, is thrilled to announce the inauguration of its latest store at Good Earth City Centre Mall, Gurgaon, commencing operations on February 20, 2024…
• Gokyo Expands Retail Presence in Northern India with New Noida Store
  27 Feb 2024, indianretailer.com
  ​Gokyo, India’s outdoor clothing and gear brand, has recently opened a new store in Noida, marking its entry into the North Capital Region…
• Apparel Group Expands Victoria’s Secret Presence with New Stores in Gurugram and Mumbai
  27 Feb 2024, indianretailer.com
  ​In line with its ongoing nationwide expansion, Apparel Group, the global fashion, and retail conglomerate, has inaugurated two Victoria’s Secret stores in key locations of Gurugram and Mumbai…
• BOULT Strengthens Retail Presence in Andhra Pradesh and Telangana with Dikazo Solutions Partnership
  27 Feb 2024, indianretailer.com
  ​BOULT continues its strategic retail expansion in India by collaborating with Dikazo Solutions Private Limited, the newly appointed distributor partner for the Andhra Pradesh and Telangana markets…
• Welspun Living Joins Bharat Tex 2024 to Champion India’s Textile Legacy
  27 Feb 2024, indianretailer.com
  ​Welspun Living Ltd is set to take part in Bharat Tex 2024, a national textile exhibition in New Delhi from February 26 to 29, 2024. This event symbolizes India’s standing in the global textile domain, and Welspun Living Ltd. is honored to be part of this significant initiative…
• Indian Navy Partners with Pee Safe for Women’s Hygiene in Armed Forces
  27 Feb 2024, indianretailer.com
  ​In a significant collaboration, personal hygiene and wellness brand Pee Safe have joined forces with the Indian Navy and Navy Welfare and Wellness Association (NWWA) to provide essential hygiene products for women in the armed forces…
• Snapdeal Expands Affordable Retail Lineup with Leading Lifestyle Brands
  27 Feb 2024, indianretailer.com
  ​Snapdeal has amplified its value lifestyle offerings to meet the growing demand for quality branded products at budget-friendly prices…
• Van Heusen Partners with Heftyverse for Virtual Fashion Fusion
  27 Feb 2024, indianretailer.com
  ​Van Heusen, the premium fashion brand under Aditya Birla Fashion and Retail Limited, has joined forces with Hungama’s Heftyverse to redefine the online shopping landscape…
• Beautywise Secures Rs 6.5 Cr to Drive Retail Growth and Innovation
  27 Feb 2024, indianretailer.com
  ​Indian beauty and wellness brand, Beautywise, has successfully concluded its first funding round, securing a significant Rs 6.5 crore. The brand, which already boasts a strong retail presence in over 500 pharmacies and enjoys endorsements from more than 150 Skin Clinics across India, witnessed a successful funding round led by AC Ventures, co-led by Fluid Ventures, Real-Time Angel Fund (RTAF), and GSF…
• Priyank Sukhija Unveils Bizou-Bizou in Aerocity
  27 Feb 2024, indianretailer.com
  ​Priyank Sukhija is renowned for crafting unparalleled dining experiences, introduces his newest creation, Bizou-Bizou…
• Madras Mandi to Open 20 New Stores in Chennai
  27 Feb 2024, indianretailer.com
  ​Madras Mandi has announced a significant initiative to strengthen its presence in the Chennai market. The brand intends to expand its offline reach extensively. By the conclusion of 2024, Madras Mandi plans to inaugurate 20 new stores across Chennai…
• Woodsmen Launches India’s First Mountain Whiskey
  27 Feb 2024, indianretailer.com
  ​Ginglani Distillers introduces Woodsmen Mountain Whiskey, a locally crafted whisky originating from the Himalayas. Whiskey is crafted using mountain water and rich Himalayan malts, this Indian whiskey aims to revolutionize the industry by departing from conventional practices and encapsulating the spirit of the Himalayas in each taste…
• Jimmy’s Unveils New Range Of Martini Cocktail Mixers
  27 Feb 2024, indianretailer.com
  ​Jimmy’s, is the leading Cocktail Mixer brand in India, is set to add sparkle with their latest lineup of Martini Cocktail mixers: Green Apple, Popstar, and an Espresso Martini…
• DLF To Launch Properties Worth Rs 80,000 Cr Over Next 3-4 Years
  26 Feb 2024, retail.economictimes.indiatimes.com
  ​Realty major DLF plans to launch properties worth nearly Rs 80,000 crore over the next 3-4 years to tap rising demand for housing and commercial projects…
• GST Council may soon clarify tax exemption to RERA
  26 Feb 2024, realty.economictimes.indiatimes.com
  ​​According to the official, RERA, which functions as a regulator as well as facilitator for the realty sector, is covered under Article 243G of the Constitution dealing with powers, authority and responsibilities of panchayats…
• Price led growth set to make a return as FMCG companies eye hikes
  26 Feb 2024, retail.economictimes.indiatimes.com
  ​Companies like Godrej Consumer Products, Dabur, and Emami said price-led growth will be back for the industry. Dabur said it has just taken a price increase by 2.5% for the food portfolio, while Emami said it is looking at around 3% price hikes this year…
• ABFRL’s Ashish Dikshit foresees India leading global retail innovation in next 5 years
  26 Feb 2024, retail.economictimes.indiatimes.com
  ​Looking ahead, the industry veteran expressed confidence in India’s trajectory, envisioning a future where the nation sets the cutting edge in global retail innovation…
• Dockers forays into India market; aiming to open 25 stores by 2025
  26 Feb 2024, retail.economictimes.indiatimes.com
  ​The brand is eyeing a robust physical presence with plans to open five stores this year in tier 1 and metro cities. Going ahead, it aims to open 20 more stores in the next year with offline expansion supported through department stores. The brand’s online channel will also be live from this week onwards, shared Berry Singh, COO of Ace Turtle, while outlining the rollout plans of the brand…
• Reliance Digital CEO highlights importance of customer trust and transparency in retail tech integration
  26 Feb 2024, retail.economictimes.indiatimes.com
  ​Underscoring the significance of leveraging technology for empowering frontline employees, Bade emphasized the fundamental value of treating customers with utmost respect and offering them added value…
• Customer stickiness the most important metric, believes Kajal Aggarwal, actor and investor, T.A.C
  26 Feb 2024, retail.economictimes.indiatimes.com
  ​“Customer stickiness is the most important metric for me. There is marketing and endorsements, but the brand and the products have to speak to the customer,” said Kajal Aggarwal, actor and investor…
• This is Zara’s secret weapon in fight against Shein
  26 Feb 2024, retail.economictimes.indiatimes.com
  ​Inditex expands Lefties to compete with Shein. Lefties, originally for Zara’s excess inventory, expands to 17 countries, including emerging markets. In Spain, Lefties operates 25 stores and experiences significant growth. Inditex targets the value-focused market segment with budget-friendly options…
• Pansari Group to close FY24 at Rs 1800 crore revenue
  26 Feb 2024, financialexpress.com
  ​The company is focusing on diversifying its product portfolio and expanding geographically in western and southern India…
• Acer to make home appliances in India, export too: MD Harish Kohli
  26 Feb 2024, retail.economictimes.indiatimes.com
  ​Acer plans to manufacture and export appliances from India. The company is forming AcerPure to sell consumer appliances like water purifiers and refrigerators. It has acquired the preferential market access certification and is expanding into after-sales services through a subsidiary called High Point…
• ABFRL’s Ashish Dikshit foresees India leading global retail innovation in next 5 years
  26 Feb 2024, retail.economictimes.indiatimes.com
  ​Looking ahead, the industry veteran expressed confidence in India’s trajectory, envisioning a future where the nation sets the cutting edge in global retail innovation…
• Luxury retailer Hermès is killing it these days
  26 Feb 2024, businessinsider.in
  ​Despite a slowdown in luxury spending, Hermès’ stock has grown 27% over the past year. And while other brands have leaned into social media marketing and celebrity partnerships, Hermès has not…
• An Indian Supply Chain Revolution: Creating Routes of Resilience
  26 Feb 2024, indianretailer.com
  ​Since the onset of the decade, supply chains have evolved into indispensable pillars for numerous Indian businesses and industries. What defines a well-orchestrated supply chain? The answer varies, ranging from cost efficiency to customer service and, more recently, resilience, sustainability, and artificial intelligence (AI)…
• McDonald’s Responds to Maharashtra’s Fake Cheese Accusations
  26 Feb 2024, indianretailer.com
  ​After Maharashtra’s Food and Drugs Administration (FDA) conducted a crackdown, McDonald’s has reassured its customers that it strictly utilizes “authentic, premium-grade cheese” in its offerings…
• Luxury & sustainable real estate takes center stage at The Economic Times Real Estate Conclave & Awards 2024
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​The Economic Times Real Estate Conclave & Awards 2024 held in Taj Santacruz, Mumbai on February 23, 2024 witnesses gathering of top real estate stakeholders sharing their views on some of the pertinent issues of the Indian real estate sector…
• Maharashtra FDA cracks down on McDonald’s, catches fast food major using cheap vegetable oil in place of cheese
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​Maharashtra’s Food and Drug Administration (FDA) has cracked down on McDonald’s, suspending the licence of an outlet in Ahmednagar for allegedly using cheese substitutes without proper disclosure. As per TOI, McDonald’s has denied using substitutes. “…we want to reassure customers that we use only real, quality cheese in all our products,” a spokesperson said…
• Pernod Ricard to invest euro 200 million to build its biggest Asian distillery in Maharashtra
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​”This investment is the opportunity for us to produce our own malt and not be dependent on any external sourcing for the Indian malt. It is part of our long-term plan and we always look at the development of our business; how much we can procure from our sister company Chivas Brothers, and what is the perception of the local Indian malt that some of our competitors have started to do the job of producing quality malt in India,” said Jean Touboul, managing director at Pernod Ricard India…
• CEO Insights: FMCG Industry, Q3 Performance, and Future Plans | Live from GIRS
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​Join us for an insightful session with Dabur’s CEO, Mohit Malhotra, as he discusses the FMCG industry’s trajectory, highlights the Q3 performance, and shares future plans. Tune in for valuable perspectives from ET Retail’s Great Indian Retail Summit…
• FMCG companies roll out online-first items for mass market
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​FMCG companies are targeting the mass segment by launching digital first products at lower prices due to the growth of e-commerce. This shift includes companies like Parle Products, Emami, Dabur, and Hindustan Unilever (HUL), driven by the need to reduce online costs and increase volume sales…
• Abhishek Shetty joins Swiggy Instamart as marketing lead
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​Shetty announced the appointment on his LinkedIn. He stated, “Excited by the opportunity to contribute to a dynamic and innovative company that is revolutionizing the way people experience convenience and accessibility in their daily lives. Instamart’s dedication to delivering exceptional service and seamless experiences resonates deeply with my passion for forging meaningful connections with customers.”…
• Weddings, festive rush boost gold demand by 20%, best in 15 years
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​The wedding and festive seasons in Kolkata have led to a 20% increase in gold demand. Prices have risen by Rs 16,000 per 10 grams compared to the pandemic and doubled in the last 10 years. Gold is considered an attractive investment option…
• Nestle, Danone see price hikes slowing after years of sharp increases
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​Nestle said it is seeing less impact from freight costs than in previous years although there has been some stress from attacks on shipping in the Red Sea. Their comments follow British rival Unilever, the maker of Ben & Jerry’s ice cream and Dove soap, which also said this month that price increases – which have helped fuel a protracted cost of living crisis – would start to ease…
• Westlife Foodworks ensures use of genuine cheese, engages with authorities
  24 Feb 2024, thehindubusinessline.com
  ​Westlife Foodworld reiterated its commitment to using only high-quality cheese and emphasised its adherence to stringent food standards and applicable laws..
• KRBL committed to grow domestic business amidst highest ever quarter revenue in Q3FY24
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​KRBL Ltd. has been enhancing its focus on growing its India business over the past few quarters leading to 14% revenue growth Y-o-Y; this growth is primarily fuelled by a significant increase in branded basmati sales, alongside an impressive 158% surge in non-basmati sales…
• Actor-entrepreneur Sonu Sood’s multi-faceted philanthropy and entrepreneurial insights shine at ETRetail’s GIRS 2024
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​Speaking about the startup ecosystem in India and highlighting the challenges, Sonu Sood said, “I think a lot of people are getting into startups, but it’s not something very easy to crack and build. People have a lot of belief in their ideas and, somewhere execution and sustaining that momentum is a key challenge that most people face.”..
• Sonakshi Sinha and Srishti Raai: The power duo driving Soezi Beauty’s growth
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​Discussing the future trajectory of the brand, Srishti Raai co-founder of Soezi Beauty shared plans to enter and grow into offline retail, starting from tier 1 cities and gradually expanding to tier 2 cities this year. She also highlighted they are empowering women by prioritizing the recruitment of more female employees…
• Cheaper knockoffs take shine off big wearables brands
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​These products, which closely resemble the design of the Apple Watch and other premium smartwatches, are also pulling down the average selling price (ASP) in the industry to record lows, making it difficult for the entrenched brands to compete or “premiumise”, industry executives and experts said. The ASP in the wearable segment fell about 39% to $26.10 in 2023 from an already low $42.50 the previous year, se per IDC…
• What EPack Durable’s MD has to say on Q3 turnaround, debt and stock’s tepid show
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​EPack Durables reported a net profit of Rs 4.9 crore for the December quarter. The company’s turnaround is credited to the investments made in FY21 and FY22. EPack Durables plans to retire long-term debts using IPO proceeds and expects pent-up demand in the upcoming season. MD & CEO Ajay Singhania speaks about the Q3 performance, company’s falling debts, IPO proceeds and stock’s performance,..
• Shopping Splendour: Discover the 7 Biggest Malls in India
  24 Feb 2024, retail.economictimes.indiatimes.com
  ​India is a country with a thriving cultural heritage. Additionally, the nation is quickly developing into a sanctuary for consumers looking for an unmatched shopping experience…
• California lifestyle apparel brand Dockers to expand operations in India
  24 Feb 2024, economictimes.indiatimes.com
  ​California lifestyle apparel brand Dockers is betting big on India’s physical retail growth and has planned to open five stores in the first year of its entry to India in addition to entering 14 cities through Shoppers Stop…
• Baby Forest Unveils New Retail Store at Select City Walk Mall, New Delhi
  24 Feb 2024, indianretailer.com
  ​Baby Forest has announced the opening of its new store at Select City Walk Mall, Saket, New Delhi. This 750 sq. ft. haven, designed by the Baby Forest team, draws inspiration from Moroccan architecture and features earthy tones for a minimalist vibe…
• Yousta by Reliance Retail Launches First Surat Store
  24 Feb 2024, indianretailer.com
  ​Reliance Retail’s youth-centric fashion brand, Yousta, has entered the retail scene in Surat, Gujarat, aiming to capture the fashion-savvy audience with its trendy offerings…
• ace turtle Launches Dockers Store and E-commerce Hub in Delhi
  24 Feb 2024, indianretailer.com
  ​ace turtle announced the introduction of Dockers, the renowned lifestyle apparel brand, in India. The first retail store, situated in Delhi’s Pacific Mall, offers a vibrant shopping experience, embodying the Californian spirit…
• Stovekraft Marks Offline Expansion with 150th Store in Bengaluru
  24 Feb 2024, indianretailer.com
  ​Stovekraft Ltd achieved two significant milestones in its retail journey. The company proudly announced the opening of its 150th retail store in Jayanagar, Bengaluru, alongside securing the prestigious ‘Retailer of the Year’ award in the kitchen appliances category at the Asia Retail Congress, Mumbai…
• PAG Asia to invest Rs 400 crore in M3M India’s bonds
  23 Feb 2024, realty.economictimes.indiatimes.com
  ​PAG’s Asia Pragati Strategic Investment Fund will invest in Lavish Buildmart, a 100% subsidiary of M3M India the real estate developer whose promoters were questioned by the Enforcement Directorate last year for unauthorised transactions with the IREO group…
• American Casualwear Brand Dockers Plans 20 Stores in India
  23 Feb 2024, rli.uk.com
  ​California-based casualwear brand Dockers that has re-entered India by launching its first retail outlet at Pacific Mall, Netaji Subhash Place, New Delhi in partnership with Ace Turtle is looking to launch 20 stores in about two years…
• Ikea India shuts its Mumbai City store, might open another in Pune
  23 Feb 2024, business-standard.com
  ​Furniture retailer Ikea India on Thursday said it will shut down its store in Mumbai’s R City Mall by the middle of this year and explore omnichannel formats in the city…
• Zara’s Sustainable Retail Revolution Unfolds in Ahmedabad’s Prime Locale
  23 Feb 2024, indianretailer.com
  ​Zara has inaugurated its latest store in Ahmedabad’s prestigious Palladium area today, marking its second establishment in Gujarat, India…
• Aditya Birla Group to Disrupt Indian Decorative Paint Sector, Aims for Rs 10,000 Cr Revenue in 3-Years
  23 Feb 2024, indianretailer.com
  ​In a strategic move echoing the dynamism of contemporary India, Aditya Birla Group Chairman, Kumar Mangalam Birla, unveiled the ambitious entry of the conglomerate into the Rs. 80,000 crore Indian decorative paints market…
• How The Body Shop India Shines Amidst Global Restructuring
  23 Feb 2024, indianretailer.com
  ​Last week, the Directors of The Body Shop International Limited appointed Tony Wright, Geoff Rowley, and Alastair Massey from the business advisory firm FRP as Joint Administrators for the company’s UK operations. This decision was made in the context of restructuring the UK business…
• Profit and Loss Statement (P&L) Definition, Importance and Helpful Tips
  23 Feb 2024, indianretailer.com
  ​In the competitive world of business, understanding your financial health is paramount. Profit and Loss (P&L) management sits at the heart of this understanding, empowering you to navigate towards sustainable growth and profitability…
• Off-Price Retailer: Definition , Features and Examples
  23 Feb 2024, indianretailer.com
  ​In today’s cost-conscious environment, savvy shoppers are increasingly turning to off-price retailers for brand-name apparel, accessories, and home goods at significantly discounted prices. But what exactly are off-price retailers, and how can you navigate their unique shopping landscape to maximize your savings?..
• Mass-Market Retailer: Definition, Examples, Benefits & Future
  23 Feb 2024, indianretailer.com
  ​Mass market retailers are commercial giants catering to a broad spectrum of consumers. They offer a diverse range of affordable products, spanning daily necessities to luxury items, under one roof…
• Definition , Advantages, Disadvantages & Examples
  23 Feb 2024, retail.economictimes.indiatimes.com
  ​An independent retailer, often referred to as a “mom-and-pop shop,” is a retail business independently owned and operated, free from the constraints of a franchise agreement…
• 21 Best Stores Like Walmart in India for Great Prices (2024)
  23 Feb 2024, indianretailer.com
  ​In today’s retail landscape, budget-conscious shoppers are actively seeking similar brands of Walmart in India, aiming to find similar value and convenience elsewhere…
• L’Oréal’s Absolut Repair Molecular Range Redefines Hair Repair Dynamics
  23 Feb 2024, indianretailer.com
  ​In a notable stride towards advanced hair technology, L’Oréal Professionnel, the foremost professional hair tech brand, has introduced the revolutionary Absolut Repair Molecular range…
• Indic Wisdom Bags Rs 4 cr Investment Led by Inflection Point Ventures
  23 Feb 2024, indianretailer.com
  ​Indic Wisdom has successfully secured Rs 4 crore in a Pre-Series A Round led by Inflection Point Ventures, with participation from Mahendra Sankhe, Launch Capital, Bifco Finance, and other High Net Worth Individuals (HNIs)…
• bigbasket Ramps Up Savings and Speed with Supersaver Revamp
  23 Feb 2024, indianretailer.com
  ​In a strategic move to enhance its customer experience, bigbasket, a prominent player in the Indian retail sector and a TATA Enterprise, has recently rebranded its slotted delivery service as “bigbasket supersaver.”..
• How Anastasia Beverly Hills is Redefining Beauty Globally and Domination in the Indian Market
  23 Feb 2024, irecwire.com
  ​Anastasia Beverly Hills, a global beauty icon, redefines glamour with innovative cosmetics. In India, it captivates hearts with inclusive products tailored to diverse tastes, promising a vibrant beauty journey ahead…
• BSH’s Vision 2026: Doubling Growth, Shaping Lifestyles, Reveals Saif Khan, MD & CEO
  23 Feb 2024, irecwire.com
  ​Reshaping Siemens and fueled by localization, continuous innovation, and a commitment to shaping modern living, how BSH is setting sights on doubling growth by 2026..
• Nando’s Sets Foot in Bengaluru with New Restaurant Opening
  23 Feb 2024, indianretailer.com
  ​Nando’s has recently debuted at a prominent spot in Hebbal, Bengaluru. The restaurant showcases authentic, modern Southern African artwork and furnishings…
• Bellona Hospitality Unveils Luxury Pan-Asian Restaurant ‘Eight’ in Bengaluru
  23 Feb 2024, indianretailer.com
  ​Bellona Hospitality, a division of The Phoenix Mall of Asia has announced the grand opening of ‘Eight’ luxurious Pan-Asian bar and restaurant, marking its entrance into Bangalore…
• TopUber Eats Partners with Cartken, Mitsubishi for Robot Deliveries in Japan
  23 Feb 2024, indianretailer.com
  ​Uber has joined hands with robotics firm Cartken and Japanese industrial titan Mitsubishi Electric to launch autonomous sidewalk robots to deliver Eats orders in parts of Tokyo starting March…
• Elan Group Appoints BENOY To Design First Luxury Mall Of Gurugram
  22 Feb 2024, rprealtyplus.com
  ​In the dynamic world of real estate, Elan Group has sparked tremendous excitement with its appointment of BENOY, a globally recognized architectural firm, to design the 1st Luxury Mall of Gurugram…
• Jubilant Foodworks Ltd to open 250 outlets of Popeyes in the next 4 years
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​Popeyes has recently entered Delhi by opening its first outlet at Omaxe Chowk Mall. This is the 33rd outlet of the brand and within a week, it plans to open 3 more outlets in Delhi/ NCR – Pacific Mall Jasola, Pacific Mall Faridabad, and DLF Epitome Gurgaon…
• Flipkart looking to buy Reliance-backed Dunzo
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​While talks are still ongoing, complexities surrounding Dunzo’s ownership structure have impeded the two parties from coming to an understanding over a deal, the report said…
• Myntra appoints Venu Nair as chief of strategic partnerships and omni channel
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​In his new role, Nair will help Myntra’s international brands portfolio, forging strategic alliances with renowned global brands, and overseeing the omni-channel strategy for brands on the platform. His appointment underscores Myntra’s commitment to further strengthening its position as the preferred strategic partner for top fashion, beauty, and lifestyle brands seeking to capitalize on India’s burgeoning market potential…
• Yum restaurants India exits Devyani International; sells entire stake of Rs 871 crore
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​According to the block deal data available on the National Stock Exchange (NSE), Yum Restaurants India offloaded 5,30,83,330 shares, amounting to its 4.4 per cent stake in Devyani International. The shares were offloaded at an average price of Rs 164.10 apiece, taking the transaction value to Rs 871 crore…
• F&B Entrepreneurship Unveiled: Riyaaz Amlani’s Insights | Live from GIRS
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​Join us for a candid exploration of the entrepreneurial journey in the F&B industry with Riyaaz Amlani, Founder & Managing Director of Impresario Entertainment & Hospitality. The session , discover valuable lessons learned and insights gained from Amlani’s experiences. Tune in for an engaging conversation that delves into the dynamic world of F&B entrepreneurship, offering inspiration and wisdom for aspiring business minds…
• Empowering Women in Startups with Priyanka Gill | Live from GIRS
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​Join Priyanka Gill, Venture Partner at Kalaari Capital, for a powerful discussion on empowering women entrepreneurs in the startup world. Gain insights and inspiration for breaking barriers and fostering diversity…
• Growth Strategies with Samir K Modi, MD of Modi Enterprise | Live from GIRS
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​Explore diversification and expansion tactics with Samir K Modi, MD of Modi Enterprises. Gain quick insights into how conglomerates drive success across diverse industries…
• Marketing Revolution with Mahesh Narayanan, CMO of Netcore | Live from GIRS
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​Join Mahesh Narayanan as he shares how Netcore empowers marketers and utilizes Gen AI. Discover future industry-shaping technologies and insights on ChatGPT as a game-changer. Dive into a real brand example showcasing Netcore’s transformative impact on customer experience…
• Revolutionizing Fashion: Sunil Kataria, CEO of Raymond Lifestyle | Live from GIRS
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​Explore the transformation of traditional brands in the fashion industry with Sunil Kataria, CEO of Raymond Lifestyle. Gain insights into innovative strategies that are reshaping the fashion landscape…
• Entertainment segment leases 0.66 mn sq ft retail spaces last yr in top 7 cities: CBRE
  22 Feb 2024, retail.economictimes.indiatimes.com
  ​ There has been a 179 per cent annual surge in entertainment segment leasing of retail spaces across 7 Indian cities in 2023 to 0.66 million square feet, from 0.24 million square feet in the previous year, real estate consultant CBRE said in a statement on Tuesday…
• Top 10 Retail Brands Like Charles & Keith in India
  22 Feb 2024, indianretailer.com
  ​In the realm of fashion-forward footwear and accessories, Charles & Keith has carved a niche for itself as an international brand renowned for its trendy designs and affordable prices…
• Jungle Ventures Invests $20 mn in Walko Food for Ice Cream Expansion Strategy
  22 Feb 2024, indianretailer.com
  ​In a strategic move signaling sustained confidence in India’s burgeoning ice cream market, Singapore-based venture capital firm Jungle Ventures has injected an additional $20 million in growth funding into Walko Food, the country’s fastest-growing ice cream brand and leading quick-service restaurant (QSR) company…
• Rentomojo Bags Rs 210 Cr Investment to Fuel Growth in India’s Furniture Rental Market
  22 Feb 2024, indianretailer.com
  ​In a strategic move to bolster its position in the rapidly evolving furniture and appliances rental sector in India, Rentomojo has successfully secured a significant investment of Rs 210 crore…
• BSH’s Vision 2026: Doubling Growth, Shaping Lifestyles, Reveals Saif Khan, MD & CEO
  22 Feb 2024, irecwire.com
  ​Reshaping Siemens and fueled by localization, continuous innovation, and a commitment to shaping modern living, how BSH is setting sights on doubling growth by 2026..
• Japanese-Pan Asian Restobar ‘Megumi’ Launches in Mumbai
  22 Feb 2024, indianretailer.com
  ​Megumi has opened its doors in Bandra, offering a lavish experience to locals. This unique establishment blends the intricacies of Japanese cuisine with the sophistication of fine dining…
• abCoffee Opens 25 Outlets in 20 Months, Targets 150 PAN India by 2024
  22 Feb 2024, indianretailer.com
  ​abCoffee opens 25 outlets within a span of 20 months. All 25 outlets are company-owned and operated, showcasing remarkable expansion…
• Lifestyle Brand Macroman M Series partners with Ace Designer Rohit Bal
  22 Feb 2024, indianretailer.com
  ​Lifestyle innerwear and leisurewear brand Macroman M Series proudly announced a ground-breaking partnership with ace designer Rohit Bal and launched MW Signature Collection…
• Papa Don’t Preach Collaborates with Viacom18 to Launch Garfield Collection
  22 Feb 2024, indianretailer.com
  ​Viacom18 Consumer Products, the licensing and merchandising arm of Viacom18, has announced its first-ever collaboration with Papa Don’t Preach, an Indian luxury couture label, with a limited-edition Garfield collection of garments and accessories…
• Shivakumara Arehalli Joins CBRE As Head Of Health, Safety & Environment
  21 Feb 2024, rprealtyplus.com
  ​CBRE South Asia Pvt. Ltd, India’s leading real estate consulting firm, announced the appointment of Shivakumara Arehalli as Head – Health, Safety & Environment for their PJM (Project Management) division in India…
• Amazon set to launch Meesho competitor Bazaar in fight for value customers
  21 Feb 2024, retail.economictimes.indiatimes.com
  ​Amazon plans to wheel cart down value aisle, mirror Meesho model in fashion, lifestyle categories to tap value customers. It competes with Meesho, Flipkart’s Shopsy, and Reliance Industries’ Ajio Street, while also facing competition from Shein, Temu, and Pinduoduo in its home market…
• Flipkart boosts Q4 international sales for Walmart
  21 Feb 2024, retail.economictimes.indiatimes.com
  ​Walmart’s international sales increased by 17.6% YoY to $32.4 billion, driven by Flipkart’s best Big Billion Days. Walmart aims to tap into new suppliers in India to meet its sourcing target of $10 billion worth of goods annually by 2027…
• Yum Restaurants likely to sell entire 4.4% stake in Devyani International via block deals: Report
  21 Feb 2024, retail.economictimes.indiatimes.com
  ​Through the sale, Yum Restaurants plans to raise around Rs 815 crore, reports said. The floor price for the sale has been fixed at Rs 153.5 a share, which is at a discount of nearly 8% to the current price…
• Turkish jewellery brand Zen Diamond plans to enter Indian market with stores in top metros
  21 Feb 2024, retail.economictimes.indiatimes.com
  ​The brand said that it also plans to establish stores in tier 1, tier 2, and tier 3 markets…
• Global research firm Kantar predicts continued decline in demand for FMCG products in India
  21 Feb 2024, retail.economictimes.indiatimes.com
  ​Kantar, a global research firm, predicts a further decline in demand for daily groceries, essentials, and household products in India over the next few quarters. This projection extends the timeline for volume recovery in the fast-moving consumer goods (FMCG) industry, which experienced a slowdown in the December quarter…
• Amazon starts delivery service in Uttarakhand’s remote village at 4,500 feet
  21 Feb 2024, retail.economictimes.indiatimes.com
  There are no shops or delivery options in and around the Ashram area. It is not only difficult but also time-consuming to deliver orders at this place, the company said…
• Malabar Gold, Titan and 4 other Indian brands on global list of top-100 luxury goods makers
  21 Feb 2024, retail.economictimes.indiatimes.com
  ​Malabar Gold led the domestic contingent, claiming 19th rank as the top Indian international jewellery brand, followed by Tata group entity Titan Company which secured the 24th position…
• Nestle’s RUrban strategy yielding result: Narayanan
  21 Feb 2024, financialexpress.com
  ​In 2021, Nestlé India declared that it would spread its reach to 120,000 villages by 2024 by sprucing up its rural distribution channels…
• abCoffee Opens 25th Outlet, Expands Coffee Hubs Across India
  21 Feb 2024, retail.economictimes.indiatimes.com
  ​In a bold stride within the Indian retail landscape, abCoffee, the nation’s pioneering tech-enabled specialty coffee Quick Service Restaurant (QSR) chain, has achieved a remarkable feat – unveiling 25 decks in just 20 months…
• ASUS Expands Offline Presence with Nashik’s First Hybrid Store
  21 Feb 2024, indianretailer.com
  ​ASUS India, a trailblazer in fostering online gaming communities, has unveiled its first Hybrid store in Nashik, marking a significant stride in the brand’s retail expansion across the country…
• Rangita Embarks on Offline Journey Across Andhra Pradesh
  21 Feb 2024, retail.economictimes.indiatimes.com
  ​Rangita, a prominent direct-to-consumer (D2C) Indian fashion brand under Stellaro Brands, takes a strategic leap into offline retail with the inauguration of exclusive outlets in Visakhapatnam and Kakinada, Andhra Pradesh…
• Flyrobe’s New Chapter Begins in Nashik
  21 Feb 2024, indianretailer.com
  ​Flyrobe has proudly inaugurated its latest retail venture in Nashik. This move signifies an exciting stride for the brand, extending its carefully curated assortment of designer ensembles to the style aficionados of the lively city…
• Reach 3 Roads Complex Welcomes Zudio and Misbu in Retail Endeavors
  21 Feb 2024, retail.economictimes.indiatimes.com
  ​Zudio, a flagship brand under the Tata Group, and Misbu, a distinguished name in Fashion, Beauty, Accessories, and Decor, have strategically secured prime retail spaces at Reach 3 Roads, a sprawling open-air complex located in Sector 70, SPR Road, Gurgaon…
• Jimmy Choo’s The Crystal Slipper Dazzles in the Global Luxury Arena!
  21 Feb 2024, indianretailer.com
  ​In the throes of a dazzling transformation, India’s luxury market is embracing a new era, fueled by cutting-edge technology and an unwavering commitment to sustainability…
• Defination, Formulas and Examples
  21 Feb 2024, indianretailer.com
  ​The retail landscape is fiercely competitive, demanding meticulous management of finances and resources. Understanding retail math empowers you to navigate this dynamic environment, make informed decisions, and ultimately drive profit…
• Why is it Important to Combine Responsible AI with Generative AI?
  21 Feb 2024, indianretailer.com
  ​Generative AI is a rapidly evolving field with the potential to revolutionize many aspects of our lives. From creating new forms of art and music to generating realistic images and text, generative AI systems like DALL-E 3 and GPT-4…
• What is a Grocery Store
  21 Feb 2024, indianretailer.com
  ​Welcome to the fascinating world of grocery stores! These ubiquitous havens aren’t just simply places to get your weekly groceries; they’re intricately designed retail establishments catering to our daily needs and evolving cultural..
• Most of Our Products are Built in India: Puneet Chandok of Microsoft India
  21 Feb 2024, indianretailer.com
  ​In a spirited discussion on AI and the retail industry, Puneet Chandok, President of Microsoft India and South Asia delved deeply into India’s role in transforming the world through Artificial Intelligence and technology enablement…
• Perpule launches UltraPOS!
  21 Feb 2024, indianretailer.com
  ​PioneeringPerpule, an Omni-channel retail-tech company and announced the launch of its next-gen Point of Sale (POS) billing solution called UltraPOS…
• Whirlpool set to sell 24% stake in Indian unit for up to $451 mln
  20 Feb 2024, retail.economictimes.indiatimes.com
  ​Whirlpool plans to sell the stake at Rs 1,230 per share, a 7.6% discount to Monday’s closing price. It aims to complete the deal by Wednesday. Goldman Sachs is advising Whirlpool on the deal, the term sheet showed. Goldman and Whirlpool did not immediately respond to requests for comment…
• Max Fashion eyeing to reach over 550 stores mark this year
  20 Feb 2024, retail.economictimes.indiatimes.com
  ​On Monday, the company said it has opened its 500th store in Pune. Spread over 10,699 square feet across ground and plaza floors, the store showcases an array of fashionable apparel, footwear, accessories, and more, catering to every discerning taste…
• FMCG companies to limit B2B sales to level field for distributors
  20 Feb 2024, retail.economictimes.indiatimes.com
  ​Leading consumer goods companies like Britannia, Dabur, Amul, and Parle are restricting sales to organized wholesalers like Flipkart Wholesale, Udaan, and Reliance Cash and Carry to avoid margin issues and cannibalization by traditional distributors. This helps them reach the vast network of kirana stores in India…
• Quick-commerce firm Zepto introduces membership programme
  20 Feb 2024, retail.economictimes.indiatimes.com
  ​Zepto Pass is a membership program offering unlimited deliveries on orders over Rs 99 with up to 20% discounts. Zepto has become the second quick-commerce firm after Swiggy Instamart to offer subscription benefits…
• Malabar Gold, Titan and 4 other Indian brands on global list of top-100 luxury goods makers
  20 Feb 2024, financialexpress.com
  ​Malabar Gold led the domestic contingent, claiming 19th rank as the top Indian international jewellery brand, followed by Tata group entity Titan Company which secured the 24th position…
• ‘Lifestyle’ inflation beats essentials
  20 Feb 2024, retail.economictimes.indiatimes.com
  ​According to a report by Bank of Baroda’s economics department, from FY18 onwards, there has been an uptick in the lifestyle inflation rate. From 4% in FY18, it has inched up to 6.4% in FY23. During the same period, per capita gross national disposable income had a CAGR of 8.5%…
• Big consumer gap: Mass mkt lags, premium soars
  20 Feb 2024, retail.economictimes.indiatimes.com
  ​Discretionary spending in India is divided between robust demand for premium brands and a sluggish mass market segment. High inflation impacts lower-income households. International travel, premium alcohol, beauty and personal care, and home improvement perform well. The FMCG sector struggles with low volume growth…
• Max Fashion Celebrates Milestone with 500th Store in Pune
  20 Feb 2024, indianretailer.com
  ​Pioneering the global fashion landscape since its inception in 2006, Max Fashion marks a momentous occasion with the inauguration of its 500th store in Pune, India…
• Shoppers Stop Unveils SSBeauty T2 Store at Bangalore Airport
  20 Feb 2024, indianretailer.com
  ​In a strategic move, Shoppers Stop, India’s premium fashion, beauty, and gifting omnichannel destination, reinforces its commitment to the beauty sector with the inauguration of its 11th store in India…
• D’YAVOL Elevates Travel Retail Standards with Mumbai Airport Debut
  20 Feb 2024, indianretailer.com
  ​SLAB Ventures Netherlands and AB InBev India have proudly introduced D’YAVOL’s inaugural travel retail showcase at Chhatrapati Shivaji Maharaj International Airport, Mumbai…
• Gauri Khan & Manish Malhotra Spill the Beans on Crafting Luxury with Bonito Designs!
  20 Feb 2024, indianretailer.com
  ​In the dazzling embrace of luxury and practicality, Gauri Khan, the celebrity interior designer, and Manish Malhotra, the fashion maestro, have woven their creative enchantment seamlessly into the essence of Bonito Designs…
• Makoba Showcases Exquisite Montegrappa Gladiator Range
  20 Feb 2024, indianretailer.com
  ​In a distinctive venture, Makoba, the distinguished one-stop shop for all Premium Pens, introduces the Montegrappa Gladiator – an ultra-luxury, limited-edition writing instrument designed and crafted by Montegrappa in India…
• Convenience stores
  20 Feb 2024, indianretailer.com
  ​Convenience stores, often affectionately called c-stores, are ubiquitous landmarks in our daily lives. These brightly lit beacons, strategically positioned on street corners and highway exits, offer a treasure trove of essential and unexpected items, catering to our need for instant gratification and everyday necessities…
• Discount Store
  20 Feb 2024, indianretailer.com
  ​In today’s cost-conscious consumer landscape, discount stores emerge as havens for bargain hunters seeking quality products at attractive prices. But what exactly are they, how do they operate, and how can you strategically navigate…
• Chain Stores: Definition, Strategies & Examples
  20 Feb 2024, indianretailer.com
  ​Prepare to enter the realm of retail giants, where convenience reigns and brands hold court. Chain stores, these ubiquitous players, have revolutionized how we shop…
• VLCC Appoints Vikas Gupta as MD and Group CEO to Drive Strategic Growth
  20 Feb 2024, indianretailer.com
  ​In a significant leadership move, VLCC, the renowned beauty and skincare brand, has announced the elevation of its Group CEO, Vikas Gupta, to the role of Managing Director (MD) and Group CEO, effective immediately…
• Specialty Stores: Definition, Strategy & Examples
  20 Feb 2024, indianretailer.com
  ​In today’s fast-paced retail landscape, where large corporations and online giants often dominate, specialty stores remain beacons of unique experiences and expert knowledge…
• Maharashtra is the Startup Capital of India: Deputy CM Devendra Fadnavis
  20 Feb 2024, indianretailer.com
  ​Igniting the debate on the Mumbai versus Bengaluru startup ecosystem, Deputy Chief Minister Devendra Fadnavis, during Mumbai Tech Week, remarked that Maharashtra is the startup capital while Pune is the tech capital of the country…
• Coach Elevates Realism Paradigm in ‘Find Your Courage’
  20 Feb 2024, indianretailer.com
  ​Coach has unveiled its groundbreaking campaign, “Find Your Courage,” featuring a virtual human, model, and digital creator imma alongside Coach Family members Lil Nas X, Camila Mendes, Youngji Lee, Kōki, and Wu Jinyan…
• Basil Bags Rs 3.6 cr Seed Funding to Disrupt Indian Consumer Houseware Space
  20 Feb 2024, indianretailer.com
  ​Basil has successfully raised Rs 3.6 crore in seed funding. Co-led by IIMA Ventures and Appreciate Capital, with notable angel investors onboard, Basil aims to redefine traditional norms in the industry…
• Afforest Green Beauty Disrupts Skincare Space with Jackfruit Innovation
  20 Feb 2024, indianretailer.com
  ​Bengaluru-based beauty brand Afforest Green Beauty has introduced India’s inaugural Jackfruit Skincare Range, marking a pivotal moment in the brand’s dedication to innovative skincare solutions rooted in exotic forest ingredients…
• Beyoung Gains Strategic Investment from Abu Dhabi Royals for Global Retail Growth
  20 Feb 2024, indianretailer.com
  ​In a significant development, Beyoung, a prominent Indian D2C fashion brand, has secured a strategic investment from The Royal Office of Sheikh Tahnoon Bin Saeed Bin Tahnoon Al Nahyan…
• Baking Bad & SUGGA Join Forces for Bandra Launch
  20 Feb 2024, indianretailer.com
  ​The concept of a cloud kitchen was born from the passion of long-time friends Arjun Jaiswal (Baking Bad) and Angad Malhotra (SUGGA), bridging the worlds of food and fashion…
• McDonald’s India Redefines Value with the Introduction of McSaver Meals
  20 Feb 2024, indianretailer.com
  ​McDonald’s India West and South – owned and operated by Westlife Foodworld Ltd – has launched its new offering, McSaver Meals, priced starting at just Rs. 99 for customers in Gujarat, Madhya Pradesh and Chattisgarh and Rs. 149 for customers in other parts of West and South India…
• Pernod Ricard India’s Sales Up 4% in H1 FY24
  20 Feb 2024, indianretailer.com
  ​Pernod Ricard is the French spirits manufacturer has announced a 4% increase in sales in India during the initial six months of the ongoing fiscal year…
• PIJJA Brings Bold Italian-Indian Fusion to Bangalore
  20 Feb 2024, indianretailer.com
  ​PIJJA, a not-so-regular pizza destination has announced its arrival in Bangalore. It is located in the Indiranagar and is set to break the mould of conventional dining experiences by redefining the narrative of blending bold desi flavours and Italian proficiency…
• “We want to Become Rs 1000 Cr Brand in 4+ years,” Gaurav Pande of Popeyes
  20 Feb 2024, indianretailer.com
  ​Why did you choose Chandni Chowk as a location, what is the reason behind it? It’s interesting. We launched our outlet in Bangalore in 2022 end, followed by Chennai last year. Obviously, what we stand for in every part we go is flavors. We stand for Cajun flavors…
• Suba Group Introduces Click Hotel in Gujarat
  20 Feb 2024, indianretailer.com
  ​The launch of Click Hotel in Mundra, Gujarat marks another significant move for the SUBA Group of Hotels…
• Vaibhav Gautam Joins Pride Plaza Hotel Aerocity as F&B Director
  20 Feb 2024, indianretailer.com
  ​Pride Plaza Hotel Aerocity, New Delhi has Introduced Mr. Vaibhav Gautam as Director of Food & Beverages. With a wealth of hospitality experience, Mr. Gautam is poised to elevate guest satisfaction at this premier luxury destination…
• ‘Year of Growth and Expansion for Nature’s Basket’
  20 Feb 2024, indianretailer.com
  ​Nature’s Basket, a leading multi-format retailer under the RP Sanjiv Goenka Group, has inaugurated its third Nature’s Basket Artisan Pantry store, solidifying its position as a premium grocery destination in Mumbai…
• DLF, Macrotech & Godrej Properties Among India’s Most Valuable Companies
  19 Feb 2024, rprealtyplus.com
  ​As many as 15 real estate companies, including DLF, Macrotech and Godrej Properties, figure in the list of India’s most valuable companies released by Axis Bank’s private banking unit Burgundy Private and Hurun India…
• Pernod Ricard sales rise 4 per cent in Indian market in first half of FY24
  19 Feb 2024, retail.economictimes.indiatimes.com
  ​Moreover, a “strong growth” is expected in the second half (January to June 24) from India, which is the second largest market globally for Pernod Ricard after the US…
• Stellaro brands goes offline with Rangita; plans to add 10 new stores
  19 Feb 2024, retail.economictimes.indiatimes.com
  ​Delving into the company’s strategy to expand in the Southern market, he said, “For the value market in India on a per capita basis, South is 2-3 times higher than other parts of the country. Further, he added for ethnic wear, there is no winter slowdown in the Southern market.”…
• ET recognizes top performers in the retail industry at GIRA 2024
  19 Feb 2024, retail.economictimes.indiatimes.com
  ​From innovative campaigns to exceptional brands, the event celebrated the movers and shakers who continue to push the boundaries of excellence…
• Great India Retail Summit 2024 wraps up with insights and vibrant discussions
  19 Feb 2024, retail.economictimes.indiatimes.com
  ​The event lived up to its promise, serving as a hub for prominent retail leaders, policymakers, industry experts, brand founders, MDs, CEOs, retail real estate developers, investors, technology innovators, and celebrity entrepreneurs. Together, they explored the evolving landscape of customer behavior and the dynamic challenges faced by the industry…
• Consumer houseware startup Basil raises Rs 3.6 crore in seed funding
  19 Feb 2024, retail.economictimes.indiatimes.com
  ​Basil aims to reimagine homeware & kitchenware for Millennials and Gen Alpha. It looks to utilize the funds to bolster its direct-to-consumer (D2C) play, expand reach via e-commerce channels and expand product portfolio…
• IndianSpaceMantra revises bid for Future Retail
  19 Feb 2024, financialexpress.com
  ​SpaceMantra, the only bidder in the resolution plan for Future Retail (FRL), has revised its earlier bid to avoid liquidation of the bankrupt firm…
• Top Trends in Retail Space and Mall Development to Watch Out in 2024
  19 Feb 2024, indiaretailing.com
  ​The retail industry in India is experiencing an exceptional surge in demand and leasing activity, paving the way for robust growth and innovation in retail space and mall development…
• IndianSpecialty Stores: Definition, Strategy & Examples
  19 Feb 2024, indianretailer.com
  ​In today’s fast-paced retail landscape, where large corporations and online giants often dominate, specialty stores remain beacons of unique experiences and expert knowledge. But what exactly are specialty stores? How do they operate, and what sets them apart from their bigger counterparts?..
• Gaston Luga’s Entry Shifts Paradigms in Indian Lifestyle Retail
  19 Feb 2024, indianretailer.com
  ​In a strategic move to tap into the vibrant Indian retail landscape, Gaston Luga, the distinguished Swedish lifestyle brand celebrated for its stylish and utility-focused backpacks and accessories, is making its grand entrance…
• Colorbar Unveils a New Era of Beauty Discovery with #FoundLoveAtColorbar
  19 Feb 2024, indianretailer.com
  ​In a captivating move within the Indian beauty retail landscape, Colorbar Cosmetics, a prominent beauty brand, unveils its latest campaign – #FoundLoveAtColorbar…
• PIJJA Brings Bold Italian-Indian Fusion to Bangalore
  19 Feb 2024, indianretailer.com
  ​PIJJA, a not-so-regular pizza destination has announced its arrival in Bangalore. It is located in the Indiranagar and is set to break the mould of conventional dining experiences by redefining the narrative of blending bold desi flavours and Italian proficiency…
• Sustainable Innovations in Indian Hospitality
  19 Feb 2024, indianretailer.com
  ​The Indian hospitality industry is currently undergoing a significant transformation with an increased emphasis on sustainability. According to UNWTO the hotel sector accounts for around 1 percent of global carbon emissions and this is set to increase…
• Oberoi Realty To Develop JW Marriott Hotel in Thane & Borivali
  17 Feb 2024, rprealtyplus.com
  ​Oberoi Realty entered into an agreement with Marriott International, aimed at enriching luxury living experiences in the Mumbai Metropolitan Region…
• Village Groupe Partners With Keydemand To Drive Leasing Initiatives In India
  17 Feb 2024, rprealtyplus.com
  ​In a significant move to capitalize on the burgeoning opportunities in the Indian real estate sector, Village Groupe, a distinctive Retail, F&B, and entertainment ecosystem, has strategically aligned itself with Keydemand as its preferred partner for supporting leasing initiatives across the country…
• Prestige Estates Projects’ net profit up 1.86% in Q3 FY24
  17 Feb 2024, realty.economictimes.indiatimes.com
  ​Prestige Estates Projects’ net consolidated total income stood at Rs 1,970.50 crore in Q3 FY24, a dip of 16.06 per cent from Rs 2,347.50 crore it recorded in the similar quarter last year…
• Trinity Infratech appoints Adil Altaf as Managing Director
  17 Feb 2024, realty.economictimes.indiatimes.com
  ​Commenting on the appointment, Trinity’s senior management stated, “Adil’s journey in real estate is marked by a series of achievements and milestones. He has a proven expertise in sales, marketing, and customer relationship management…
• Bengaluru civic body seals Rockline Mall over Rs 11.5 crore property tax due
  17 Feb 2024, realty.economictimes.indiatimes.com
  ​Stating that around Rs 2 crore is being paid towards property tax for the mall as per the High Court’s direction, Venkatesh said he has already paid the property tax for the year 2023-24 and also intimated the BBMP about it…
• The whole strategy of profitable growth panning out for Arvind Fashions: Shailesh Chaturvedi
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​Shailesh Chaturvedi, MD & CEO of Arvind Fashions, discusses the company’s strong performance in the offline channel, weak consumer sentiment during Diwali, margin improvement due to premiumisation, and the company’s strategy for profitable growth to achieve a ROCE target of 20%. He is also confident that margin will sustain at the current level of 53.3% which is a sharp nearly 480 basis point improvement…
• Orkla India appoints Murali S chief executive officer of Eastern
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​Murali will be based in Cochin, where he will lead the team in strengthening Orkla India’s footprint in the Kerala market and spearheading the Eastern business unit…
• Balance b/w standardisation and consistency help F&B businesses sustain, says Zorawar Kalra
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​Speaking at the Great Industry Retail Summit 2024, Kalra said, “It’s a balance between consistency and standardization that helps the business to sustain.”…
• ETRetail GIRS2024: Flipkart CPTO unpacks the evolution of retail technology – Opportunities and challenges
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​As technology continues to evolve, Venugopal believes that e-commerce platforms will be better equipped to deliver tailored experiences and cater to the needs of consumers, ultimately driving continued growth and innovation in the retail sector…
• ETRetail GIRS2024: How technology and consumer trends are redefining the shopping experience
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​As the retail industry continues to evolve, the intersection of technology and consumer trends promises to shape the future of shopping experiences, paving way for innovation, efficiency, and enhanced customer satisfaction…
• FMCG market growth rate will improve next fiscal, says Godrej Consumer Products managing director Sudhir Sitapati
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​The FMCG market growth rate is expected to improve next fiscal. Godrej is evaluating options to expand its presence in the hair care market. Demand for premium products is high. The company has recently launched an anti-mosquito agarbatti targeting the mass market…
• Online seafood firm Captain Fresh raises $25 million from BII, Nekkanti
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​Captain Fresh raises $25M in funding round led by BII and Nekkanti Seafoods Group. Utham Gowda to hold 19% stake. Matrix Partners, Ankur Capital, Prosus, and Tiger Global also invest. Acquisition of Senecrus. Expansion in US, Europe, and southeast Asia. Works with retailers Metro, Auchan, Carrefour in France, Germany, Poland, Middle East…
• Luggage brands on high-growth path as travel industry booms
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​India’s travel renaissance is driving a luggage revolution, with sales doubling. Global brands like Tommy Hilfiger and Delsey Paris are growing in the premium range, while Safari, Kamiliant, and Aristocrat are popular in tier-3 and 4 cities. The market is also seeing partnerships with luxury brands and celebrities, and the emergence of direct-to-consumer brands…
• Globe Textiles India Ltd to acquire Globe Denwash Ltd, aiming for sustainable growth
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​According to a press release, this move marks a significant step in GTIL’s forward integration strategy aimed at enhancing its market position, expanding its product portfolio, and embracing sustainable practices…
• Malabar Gold, Senco debut on Deloitte’s global luxury goods list
  17 Feb 2024, livemint.com
  ​Indian jewellery retailers Malabar Gold & Diamonds, Senco Gold, and Thangamayil Jewellery have debuted on Deloitte’s Global Powers of Luxury Goods rankings that list the top 100 luxury brands worldwide…
• UK’s M&S adds Puma and Reebok to external brand offer
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​The retailer launched its “Brands at M&S” strategy in 2021 to attract more younger shoppers, with the move helping its ongoing turnaround. M&S now has over 90 third-party brands, including adidas, Columbia, ASICS and Sweaty Betty…
• Zomato hits 20-month high after delivering strong Q3
  17 Feb 2024, thehindubusinessline.com
  ​Shares of Zomato zoomed to 20-month high on Thursday, as analysts remained largely positive of the stock after the company reported profits in Q3 of current fiscal. Besides, the increase in weightage of Zomato following the recent rejig by global index major MSCI in its Global Standard Index also increased investors’ appetite for the stock…
• India’s consumer packaged goods sector saw balanced growth in 2023: Report
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​”India was a standout example of balanced growth, with RSV (retail sales value) advancing by nearly 15 per cent since 2022, aided by consumers switching from local or unbranded products to bigger, international brands,” it said…
• Carlsberg India appoints Vandana Kapur as vice president-HR
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​Carlsberg India has appointed Vandana Kapur as vice president-human resources, focusing on organisation effectiveness, talent management, and diversity, equity, and inclusion initiatives. With over 22 years of experience in corporate, consulting, and entrepreneurial roles, Kapur is committed to becoming an employer of choice and creating inclusive opportunities…
• Adani Wilmar appoints Jignesh Shah as the head – media and digital marketing
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​The marketing professional will oversee the strategic promotion of oil and food portfolios under the flagship brand “Fortune” as well as other popular brands…
• On Valentine’s Day, lovers drive quick commerce, food delivery order volumes to record highs
  17 Feb 2024, moneycontrol.com
  ​On Valentine’s Day, love was not just in the air, it spread out to quick-commerce and food delivery platforms with Indian lovers splurging on romance, buying a record number of roses, chocolates, cakes and more…
• ETRetail GIRS’24: Samir K Modi shares insights on empowering Bharat through omnichannel commerce
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​In the insightful keynote, he highlighted the transformation of the retail sector through omnichannel strategies. “The transformation of India’s retail ecosystem knows no bounds,” he said…
• Lipsticks, men’s apparel and cards among top selling products on V-Day
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​On Valentine’s Day, demand for Valentine gift sets, chocolates, makeup accessories and jewellery witnessed a surge…
• Wearable market growth expected to slow in 2024 amidst plateauing innovation and inventory pile-up
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​The wearable market is anticipated to witness its slowest growth in 2024 since its inception in 2020, with market analysts predicting a single-digit growth rate following a significant 34% year-on-year increase in 2023 to a record 134.2 million units. Factors contributing to this slower growth include a plateauing pace of innovation, inventory accumulation, and a decline in average selling prices (ASP) despite a 15.4% decrease in ASP…
• Puma India inks multi-year kit sponsorship deal with Delhi Capitals
  17 Feb 2024, thehindubusinessline.com
  ​Sports brand Puma India has inked a multi-year partnership with Delhi Capitals as the official kit partner, ahead of the year’s WPL and IPL season…
• Nothing Before Coffee opens its 50th store in New Delhi’s Malviya Nagar
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​Nothing Before Coffee currently has 50 stores wherein the company added 25 new outlets in FY 2023-24 till now, the leading coffee chain is present in 26 cities and has added 8 cities this year which is “the highest-ever store addition”…
• ELLE DECOR Kitchens and Wardrobes Debut at Broadleaf’s Flagship Store
  17 Feb 2024, indianretailer.com
  ​Broadleaf Kitchen And Decor Private Limited introduced the first-ever ELLE DÉCOR Kitchens and Wardrobes in India, marking a significant collaboration with Lagardère Active Enterprises, the business unit responsible for extending the ELLE DÉCOR Brand under the French-based Lagardère News Group…
• ASUS India Launches 4th Select Store for Refurbished Products in Hyderabad
  17 Feb 2024, indianretailer.com
  ​ASUS India, a leading PC brand committed to innovation and sustainability, has unveiled its 4th Select Store featuring refurbished products in Hyderabad. This marks a significant step towards promoting a circular e-waste economy in India, offering customers access to discounted refurbished laptops backed by a 1-year ASUS warranty…
• What is a Departmental Store? Features, Types, Advantages, and Disadvantages Explained
  17 Feb 2024, indianretailer.com
  ​In the dynamic arena of retail, departmental stores stand tall as monuments of progress, convenience, and diverse offerings. These retail juggernauts are not just mere shopping destinations; they are comprehensive hubs that unite an extensive range of products under one roof…
• Sensodyne Expands Oral Health Portfolio, Aims to Enhance Oral Hygiene Space
  17 Feb 2024, indianretailer.com
  ​In the ever-evolving landscape of oral care in India, Sensodyne, a prominent brand under Haleon (previously GlaxoSmithKline Consumer Healthcare), proudly unveils its latest breakthrough – Sensodyne Complete Protection+ Mouthwash…
• Unlocking the True Potential of Indian Retail Industry with AI-based Workforce Management Tech
  17 Feb 2024, indianretailer.com
  ​A report recently published by the Indian Brand Equity Foundation found that India is the fifth-largest global destination for retail. Due to the entry of several new players, the retail sector in India has grown to become one of the most vibrant and fast-paced sectors…
• Definition, Types, and Components – A Comprehensive Guide
  17 Feb 2024, indianretailer.com
  ​In the fast-paced and ever-evolving world of commerce, retail stores stand as pivotal elements of the global economy. This article aims to provide an in-depth understanding of retail stores, offering insights into their varied..
• Radico Khaitan Commits to Heroic Legacy with Spirit of Victory 1999 Pure Malt
  17 Feb 2024, retail.economictimes.indiatimes.com
  ​In a poignant tribute to the valiant soldiers of the 1999 Kargil War, Radico Khaitan Limited, one of India’s largest liquor companies, introduces the Spirit of Victory 1999 Pure Malt Whisky…
• Predictive Analytics in Retail for Enhanced Sales Forecasting
  17 Feb 2024, indianretailer.com
  ​In the ever-evolving retail landscape, the ability to predict future trends is invaluable. Predictive Analytics in Retail has emerged as a revolutionary tool, transforming the approach to Retail Sales Forecasting…
• HCCB Strengthens Commitment to Youth Development in Telangana
  17 Feb 2024, indianretailer.com
  ​In a strategic move to empower the youth of Telangana, Hindustan Coca-Cola Beverages (HCCB), a leading FMCG company in India, is poised to extend its renowned ‘Campus to Corporate Program’ in partnership with the Telangana Academy for Skill and Knowledge (TASK) and Aahan Consulting…
• Top 5 Manyavar Alternatives and Competitors
  17 Feb 2024, indianretailer.com
  ​Embark on an enlightening journey through the Indian ethnic wear landscape, where Manyavar stands as a beacon of tradition and elegance…
• From Aisles to Algorithms: Bombay Gourmet Market’s Online Overhaul with Yango Tech!
  17 Feb 2024, indianretailer.com
  ​Bombay Gourmet Market recently announced a strategic collaboration with Yango Tech, a global technology leader celebrated for its forward-thinking solutions, to revolutionize modern retail in India, to elevate and enrich the online shopping experience for their clientele…
• Top Lifestyle Brands In India
  17 Feb 2024, indianretailer.com
  ​At the heart of this transformation are the Top 10 Lifestyle Brands in India, each with its own story and distinct identity. From traditional roots to modern innovation, these brands have navigated the complex tapestry of Indian consumer preferences and global influences, emerging as leaders in the world of fashion and luxury…
• Nothing Before Coffee (NBC) Celebrates 50th Store Opening, Eyes Nationwide Expansion
  17 Feb 2024, indianretailer.com
  ​In a remarkable achievement, Nothing Before Coffee (NBC), a leading Quick Service Restaurant (QSR) brand, unveils its 50th store in the vibrant cityscape of Malviya Nagar, New Delhi. The inauguration heralds a new era of accessible, high-quality coffee experiences for patrons across diverse regions…
• Indian Luxury Industry Thrives with $347 Bn Sales
  17 Feb 2024, indianretailer.com
  ​India’s luxury goods market is undergoing a remarkable transformation, fueled by technological advancements and a growing emphasis on sustainability. India’s significant contributions to the global luxury industry surged to a staggering $347 billion in FY2022…
• When it comes to high street space, more is less: Tanuj Bhargava, Chief Leasing Officer of Fairfox Group, Noida, Sector 140A
  14 Feb 2024, realty.economictimes.indiatimes.com
  ​Bharat’s high street space is set to expand substantially from Metro Cities to Tier II and Tier III cities. Nurtured seasoned developers are looking to develop about three million square feet of retail projects with open spaces in the next 2-3 years…
• Phoenix Mills records 69% rise in net profit at Rs 297 crore in Q3 FY24
  14 Feb 2024, realty.economictimes.indiatimes.com
  ​Retail collections rose 30% to Rs 700 crore, while rental income from retail grew 33% to Rs 447 crore. Operating profit in retail business increased 27% to over Rs 435 crore. The company’s malls are operating at life-time high leased occupancy and trading levels…
• Walmart’s sourcing from India crossed $30 billion in last 2 decades
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​Walmart sees India as a strategic market due to its favorable ecosystem and infrastructure, aiming to source USD 10 billion in exports annually by 2027, making it the only market aside from the US with such a sourcing objective. The retail giant aims to provide global market access to Indian manufacturers, recognizing the demand for unique products globally. Partnerships with Indian companies like Hero Ecotech, Mrs Bector’s Food, and Welspun have already proven successful, the company said…
• Cost structure of logistics biggest challenge for ecommerce: Flipkart CEO
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​”One of the biggest challenges for ecommerce alone to solve is the cost structure of logistics. India, in general is a low ticket price market. Whenever we are able to get to further (lower logistics) cost structure, is when we will be able to further increase the penetration in commerce,” Krishnamurthy said…
• 
  

  Coca-Cola India business witnesses robust growth in 2023

    14 Feb 2024, retail.economictimes.indiatimes.com
  ​The company’s net revenue for the December quarter grew 7% to USD 10.8 billion, and organic revenues (non-GAAP) grew 12%. For 2023, net revenues grew 6% to USD 45.8 billion…
• ABFRL to introduce Jaypore brand in the US market
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​This move will enable Jaypore to expand its direct-to-consumer presence on a global level.​​ Ashish Dikshit, managing director at ABFRL said, “While Indian markets offer huge opportunity for consumer brands, it’s also an era for Indian brands to delight customers overseas. These are not just customers of Indian diaspora but also natives of those markets.” …
• Streetwear brand VegNonVeg eyes Rs 175 revenue by next fiscal
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​The brand, which enjoys 18 per cent profitability, is planning to spend Rs 20 crore over the next few years to expand its retail footprint as well as its private label…
• Not delivering product costs e-commerce firm, retailer dear
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​The commission had sent notices to Flipkart and Surya Handicrafts with its office in Churu, but both the parties preferred not to contest the complaint by remaining absent. Accordingly, ex parte proceedings were initiated and the assertions made by the complainant went unrebutted and uncontroverted…
• Price disparity: Apparel retailers turn to own online channels
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​The retailers state that higher discounts on e-commerce platforms trigger price disparity, thus affecting sales at offline stores. This has prompted the retailers to draw up a new business strategy focusing on multichannel price parity…
• India’s Arvind Fashions posts smaller Q3 sales growth, sending shares down 9%
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​Arvind Fashions’ consolidated revenue rose about 5% to 11.25 billion rupees ($135.5 million) in the October-December quarter. That was less than the 7% growth in the previous quarter and a 17% jump in the year-ago holiday quarter…
• Sula Vineyards posts higher Q3 profit on strong premium wine demand
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​Its wine segment, which houses premium brands such as Dindori and Rasa, reported a nearly 4% rise in revenue during the quarter. This is Sula’s biggest segment and accounts for 89% of the topline…
• India Inc On The Move 2024: Smart and Sustainable Manufacturing – Accelerating towards Trillion Dollars and Net Zero
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​The Economic Times, in collaboration with Rockwell Automation, presents ‘India Inc On The Move 2024’, an event designed to address the challenges and opportunities in the manufacturing sector, with a focus on fostering smart and sustainable practices, on February 27, 2024…
• India emerges as key growth driver for global cosmetics giants L’Oreal & Shiseido
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​L’Oreal SA and Shiseido, two major cosmetics companies, highlight India’s growing importance as a key growth driver in the beauty industry, driven by a large population and increasing affinity towards beauty products. L’Oreal sees India as its fifth largest market in the professional products division, with significant untapped potential across the country…
• Homecare startup Happi Planet raises Rs 8.47 cr from Fireside Ventures
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​With these funds, the brand plans to enhance its online presence and expand its offline reach to over 250 stores by the end of 2024, as per the release…
• Kidswear brand Kate & Oscar to invest Rs 60 crore to open 30 EBOs in the next 3 years
  14 Feb 2024, retail.economictimes.indiatimes.com
  ​The expansion would be initially focused on cities like Bangalore, Mumbai, Delhi-NCR, and Chennai. The brand will also be looking at opening stores in cities like markets like Punjab, Hyderabad, and Ahmedabad…
• How Paytm’s Merchant-Centric Approach Guides it Through Regulatory Storms
  14 Feb 2024, indianretailer.com
  ​In the labyrinth of India’s dynamic digital payments landscape, Paytm stands as a towering colossus, wielding unprecedented influence and innovation…
• How Mia by Tanishq Cashes in on Valentine’s Day Jewelry Market in India
  14 Feb 2024, indianretailer.com
  ​Valentine’s Day, an occasion celebrated across generations, has witnessed a significant evolution in the Indian market over the past two years, particularly when it comes to jewelry…
• The Significance of Data Analytics in Fashion Retail
  14 Feb 2024, indianretailer.com
  ​Imagine a world where fashion retail adapts like a chameleon, seamlessly aligning with your ever-changing desires. Clothes that not only fit your body but anticipate your style…
• Hershey India takes AI Route to Woo Consumers This Valentine’s Day
  14 Feb 2024, indianretailer.com
  ​Hershey India Pvt. Ltd., a subsidiary of The Hershey Company, one of the leading global snacking and confectionery company has launched an innovative way to extend the brand’s distinctive proposition of expressing affection..
• Retail India News: Minimalist Expands Horizons, Unveils Skin Solutions in Singapore, Vietnam, and Australia
  14 Feb 2024, indianretailer.com
  ​In a bold stride towards international expansion, Minimalist, India’s renowned science-backed skincare brand, announces its venture into three new markets: Singapore, Vietnam, and Australia…
• Tata Digital explores operational integration
  13 Feb 2024, retail.economictimes.indiatimes.com
  ​Additionally, Tata Digital plans to consolidate its various standalone apps such as BigBasket, 1mg, and Tata Cliq, under the Tata Neu app to increase consumer engagement, boost Tata Neu app utilisation, and enhance operational efficiencies. The flagship digital asset, BigBasket, is also looking to raise up to $100 million in funding from parent Tata Sons…
• Orion bullish on India, expands manufacturing capacity, forays into a new category
  13 Feb 2024, retail.economictimes.indiatimes.com
  ​The company, which started its journey with 2 SKUs, today boasts 40 SKUs and plans to take the SKU count to 60 by this CY-end…
• Gifting cos, retailers expect strong double-digit sales this Valentine’s Day
  13 Feb 2024, retail.economictimes.indiatimes.com
  ​To capitalize on this expected demand, brands have rolled out various initiatives, from marketing campaigns to faster delivery services…
• FMCG makers continue to bet on M&A for growth
  13 Feb 2024, thehindubusinessline.com
  ​Companies are utilizing acquisitions to solve portfolio gaps in their product offerings and enter new categories. Tata Consumer Products Limited (TCPL) in January announced the acquisition of Capital Foods and Organic India…
• India’s retail inflation moderates to 5.10 per cent in January
  13 Feb 2024, retail.economictimes.indiatimes.com
  ​India’s retail inflation has eased to 5.10% on an annual basis, according to data released by the Ministry of Statistics & Programme Implementation. This is a decline from December’s four-month high of 5.69%. A Reuters poll had predicted a three-month low of 5.09%. The inflation rate remains within the Reserve Bank of India’s tolerance band of 2-6%…
• Shops on Metro route hoping for biz to get back on track soon
  13 Feb 2024, retail.economictimes.indiatimes.com
  ​Underground work has especially affected the people of Fountain, Fort, Dadar and Sitladevi temple area in Mahim. Mahim resident Sebastian Dsouza said, “The pace of work was slow…many residents and shopkeepers were affected…Already, traffic jams were common but since Metro work began, if a large vehicle like a BEST bus broke down, the situation would become worse.” Asked if he was looking forward to Metro 3, Dsouza said Mahim already has good connectivity to most places of the city, so this infrastructure will be an added advantage…
• Manufacturing sentiment remains upbeat in Q3 and Q4FY24: FICCI
  13 Feb 2024, retail.economictimes.indiatimes.com
  ​A survey by industry body FICCI indicated sustained growth in India’s manufacturing sector for the last two quarters of 2023-24. Around 87% of respondents expected higher or the same production levels in the current quarter, reflecting optimism. Despite positive indicators, constraints like raw material availability, global demand uncertainty, labor shortages, market volatility, increased power costs, unutilized capacities, and high bank interest rates were highlighted…
• Panasonic introduces 60 AC models for 2024
  13 Feb 2024, retail.economictimes.indiatimes.com
  ​”We developed and manufactured our new range of ACs, keeping the evolving needs of our consumers in mind. The new line-up of ACs, comprising India’s first matter-enabled RACs will not only provide inter-operability but, is also simple to use, reliable and secure,” said Managing Director Fumiyasu Fujimori…
• Emerging Technologies Supporting Your India Retail Strategy: Location Analytics
  13 Feb 2024, india-briefing.com
  ​We discuss how technology-enabled tools are allowing retailers to optimize their India market strategy using location analytics. This becomes more important as India’s spending power…
• Garden Vareli 2.0: TCG’s Rs 1,250 Cr Spectacular Game-Changer in India’s Textile Retail Space
  13 Feb 2024, indianretailer.com
  ​In the heart of Surat, Gujarat, a textile revolution is underway, led by The Chatterjee Group (TCG) and its visionary Chairman, Dr. Purnendu Chatterjee. The Rs 1,250 crore Fully Drawn Yarn (FDY) expansion project at Garden Silk Mills..
• Wooden Street Hits Landmark 97th Store with Pune Opening, Aims for 300 Nationwide
  13 Feb 2024, indianretailer.com
  ​In a bid to fortify its presence in the Indian furniture market, Wooden Street, a renowned furniture brand, has inaugurated its seventh physical outlet in the sprawling expanse of Creaticity Mall, Pune. Spanning over 5000 sq. ft.,..
• Bombay Shirt Company Raises Rs 54 Cr in Series B Funding Led by Singularity Ventures
  13 Feb 2024, indianretailer.com
  ​In a significant move towards bolstering its position in the custom-made apparel market, Bombay Shirt Company has successfully concluded a Series B funding round, securing an impressive Rs 54 crore. Singularity Ventures took the lead in this funding round, with participation from Mithun Sacheti, the founder of CaratLane and a general partner at Singularity…
• Swedish Tea Sensation ‘Life by Follis’ Makes Grand Debut in India
  13 Feb 2024, indianretailer.com
  ​Life by Follis, Europe’s esteemed tea maestro, has landed in India, presenting a fusion of unparalleled taste, ethical sourcing, and innovative flavors that are poised to redefine the Indian tea experience…
• Salad Days Expands its Footprint to Mumbai; Targets High Potential Zone in the City
  13 Feb 2024, restaurant.indianretailer.com
  ​Having already served 1 million unique customers in Delhi-NCR and 1 Lakh+ customers in Bengaluru, the food tech is poised to make a significant impact in Mumbai…
• United Breweries Sees Profit Surge, Revenue Climbs 12 pc
  13 Feb 2024, restaurant.indianretailer.com
  ​United Breweries Ltd (UBL) witnessed a 12.28 percent increase in revenue from operations, reaching Rs 4,154.98 crore compared to Rs 3,700.49 crore in the corresponding period of FY23…
• The China Gate Group introduces Pan-Asian Restaurant ‘Goh Jia Ting’ in Mumbai
  13 Feb 2024, restaurant.indianretailer.com
  ​The menu offers a variety of fresh and unique seafood dishes which are their specialty and they also offer vegetarian choices as well…
• Takumi Unveils Dining Experience in Mumbai
  13 Feb 2024, restaurant.indianretailer.com
  ​The menu is crafted by Head Chef Passang Dorje Lama and it features a chosen array that celebrates the harmony of Southeast Asian cuisine…
• Olio Pizza’s Opens 100th Store in IndiaUnveiling Your Finances: Demystifying Retail vs. Corporate Banking
  13 Feb 2024, restaurant.indianretailer.com
  ​Olio Pizza is the rapidly expanding pizza brand in India under Curefoods, has unveiled its 100th location achieved in a mere two-year span…
• Why This Bangalore-Based Virtual Restaurant Operator wants to Become ‘OYO’ of Restaurant Biz
  13 Feb 2024, restaurant.indianretailer.com
  ​Dil Foods is a Bangalore-based virtual restaurant operator that won ‘Cloud Kitchen’ of the year award at the prestigious 12th Indian Restaurant Congress & Awards held in September 2023…
• Prestige Achieves Milestone Of Delivering 300 Projects Across 10+ Cities
  12 Feb 2024, rprealtyplus.com
  ​Prestige Group, a name synonymous with quality and trust, has reached a significant milestone by successfully delivering 300 projects with 188 mn sqft in cities like Bangalore, Hyderabad, Chennai, Mumbai, Kochi, Mangalore, Calicut and Goa over a span of 38 years…
• Sparx Elevates Retail Presence with Premium Footwear Experience
  12 Feb 2024, retail.economictimes.indiatimes.com
  ​In a strategic move aimed at reshaping the footwear retail landscape in India, Sparx proudly inaugurates its experience store at Vegas Mall, Dwarka. This retail venture marks a pivotal moment in Sparx’s trajectory, positioning itself as the brand of choice for a diverse range of consumers…
• Unveiling Your Finances: Demystifying Retail vs. Corporate Banking
  12 Feb 2024, indianretailer.com
  ​In a salute to the enchanting allure of Jaipur, Prints By Radhika warmly opens its doors to a new retail haven in the Pink City. The concept of “Padharo Mhare Desh” resonates deeply as the brand invites patrons into its couture paradise, where every inch reflects the rich tapestry of Jaipur’s heritage seamlessly woven into the brand’s design ethos…
• Sanfe Sets a New Standard in Feminine Skincare with Glycoclear Tech
  12 Feb 2024, indianretailer.com
  ​In the bustling landscape of India’s retail body care market, where fragrance and moisturization take center stage, a transformative innovation is shaking up the norms. Sanfe, an IIT Delhi startup, founded by Archit Agarwal and Harry Sehrawat, has unveiled a groundbreaking solution that goes beyond the conventional offerings…
• Olio Pizza’s Opens 100th Store in India
  12 Feb 2024, retail.economictimes.indiatimes.com
  ​Olio Pizza is the rapidly expanding pizza brand in India under Curefoods, has unveiled its 100th location achieved in a mere two-year span…
• Consumer goods giants like Nestle, Dabur, Coca-Cola ready capex war chest
  12 Feb 2024, retail.economictimes.indiatimes.com
  ​While demand for mainstream products has been tepid, demand for premium categories in urban markets has remained steady. Large consumer goods companies are investing in India, expecting a demand revival in the new fiscal…
• Zomato steps up restaurant signups as slowdown bites
  12 Feb 2024, retail.economictimes.indiatimes.com
  ​In Zomato’s quarterly shareholder letter, food-delivery CEO Rakesh Ranjan noted that the demand environment was muted in the December quarter for the broader restaurant industry. “Hence, food delivery GOV growth (at 6.3% QoQ /27% YoY) was lower than our expectations but still higher than some of the other players in the restaurant industry space,” he said…
• Honasa Consumer aims to outgrow the industry by 2 to 2.5 times, CFO shares growth plan for next year
  12 Feb 2024, retail.economictimes.indiatimes.com
  ​Net profit jumps 264% to 26 crore in Q3FY24; sees rural stress spilling over to urban markets…
• Indian consumer electronics break boundaries; export surge to the US and Europe
  12 Feb 2024, retail.economictimes.indiatimes.com
  ​Companies like Havells, Dixon, Voltas and Blue Star have said in their December quarter earnings call that they are forming a base for exports in the developed nations like the US…
• India’s robust digital infrastructure helped ‘Nothing’ brand make inroads, says cofounder Akis Evangelidis
  12 Feb 2024, retail.economictimes.indiatimes.com
  ​Nothing, an emerging technology brand, has exceeded its growth expectations, driven by India’s tech-savvy consumers, according to cofounder Akis Evangelidis. Despite launching its first product during the pandemic, the brand has made significant strides in India, leveraging the country’s robust digital infrastructure. Evangelidis emphasized India’s technological proficiency and the ease with which brands can gain traction in the consumer tech space…
• Elista forays into AC segment, eyes Rs 50 crore sales in the first year
  12 Feb 2024, retail.economictimes.indiatimes.com
  ​Elista is aiming to generate sales of Rs 50 crore in the first year of its entry into the segment with its ‘Make in India’ focus. Further, it expects that the AC segment will contribute 20 per cent which is about Rs 300 crore to its overall projected Rs 1500 crore sales by the end of 2025.​​​​..
• ‘Paper tablet’ reMarkable could challenge Apple, Samsung, Lenovo: Experts
  12 Feb 2024, retail.economictimes.indiatimes.com
  ​Norway-based ‘paper tablet’ brand, remarkable, could challenge Apple, Samsung, and Lenovo’s premium tablets in the India market. The note-taking and reading device, priced at under Rs45,000, allows users to scribble, take handwritten notes, read, and review documents. Its proprietary operating system does not offer internet browsing, emailing, messaging, or other features of a regular tablet or smartphone…
• Omaxe posts net loss of Rs 71.77 crore in Q3 FY24
  10 Feb 2024, realty.economictimes.indiatimes.com
  ​Omaxe’s net consolidated total income stood at Rs 601.90 crore in Q3 FY24, a growth of 137.15 per cent from Rs 253.81 crore it recorded in the similar quarter last year…
• Reliance Consumer Products acquires Ravalgaon’s confectionery brands for Rs 27 crore
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​Reliance Consumer Products (RCPL) has acquired the trademarks, recipes, and all intellectual property rights of sugar-boiled confectionery maker Ravalgaon for Rs 27 crore, according to a disclosure by Ravalgaon Sugar Farm Ltd. Ravalgaon owns nine confectionery brands, including Pan Pasand and Coffee Break, aligning with RCPL’s strategy of acquiring distressed old Indian brands and relaunching them, similar to its previous acquisition of the Campa soft drink brand…
• Mamaearth Q3 Results: Profit soars 265% YoY to Rs 26 crore; revenue jumps 28%
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​Revenue from operations in the third quarter increased 28% year-on-year (YoY) to Rs 488 crore, compared with Rs 382 crore in the same quarter of last year…
• Amway appoints Rajneesh Chopra as new India chief
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​Chopra moves from Texas-based direct selling wellness company Immunotec, where he was chief commercial officer leading 14 global markets, involved in digital, sales and marketing roles. Chopra takes over from previous Amway chief Anshu Budhraja, who exited the company a couple of months back…
• Emami Q3 PAT up 12 pc to 261 cr
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​Revenue from operations was up 1.38 per cent to Rs 996.32 crore during the quarter under review as against Rs 982.72 crore in the corresponding quarter…
• Number of merchants on ONDC expected to multiply in coming year, says MD & CEO Koshy
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​”We started with 600 merchants on-board in January last year. At present there are around 3 lakh merchants (on-boarded). In the coming year we expect this will be multiplying and build its momentum. At least ten times growth I expect in the coming year,” Koshy said…
• Turkish e-commerce company Trendyol may go exclusive on Myntra
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​Trendyol is now the fastest-growing brand and among the top-selling international women’s western wear brands on Myntra, and on a monthly run rate trajectory of achieving Rs100-150 crore for the year, they said…
• BigBasket expects a surge in Valentine’s week sales
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​The e-grocer shared that sales in categories such as teddy and heart soft toys, chocolates, makeup and fragrances, roses, and decor and gift sets have seen a substantial increase from previous year. From these categories, the platform has seen a 4-digit growth rate for teddy and heart soft toys sales indicating a significant surge in demand for these items…
• Pizza Hut India operator reports biggest profit fall since listing
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​Total revenue rose 12% to 6.66 billion rupees, while expenses jumped nearly 16%. This led to its margins on earnings before interest, tax, depreciation and amortization (EBITDA) contracting to 18.4% from 19.6% an year ago…
• PepsiCo posts mid-single-digit growth in India market in 2023
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​PepsiCo reported a mid-single-digit growth in the Indian market in 2023. Globally, its net revenue reached USD 91.47 billion, with a growth of 5.9%. The AMESA division, including India, saw a decline in net revenue due to unfavourable foreign exchange and a net organic volume decline. However, PepsiCo’s operating profit in AMESA grew 21%…
• United Breweries posts Q3 profit
  10 Feb 2024, retail.economictimes.indiatimes.com
  The company, partly owned by Dutch brewer Heineken NV, has been grappling with elevated costs due to rising raw material prices, including glass and extra neutral alcohol (ENA), a primary raw material for alcoholic beverages, which have incrementally risen each quarter…
• L’Oreal Q4 sales up 6.9% despite decline in North Asia
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​The Paris-based group, which owns labels ranging from Lancome to Maybelline, said that sales came to 10.6 billion euros ($11.4 billion), just shy of expectations for 10.9 billion euros according to consensus estimates cited by Barclays…
• DOMS Industries Q3 results: Revenue at ₹372 crore; PAT at ₹39 crore
  10 Feb 2024, livemint.com
  ​DOMS Industries Limited (‘DOMS’), one of India’s leading stationery and art material company, announced its financial results for the quarter and nine months period ending December 31, 2023…
• H&M Elevates Retail Landscape in Bengaluru with H&M Home Integration
  10 Feb 2024, indianretailer.com
  ​In a significant move, H&M India has added another feather to its cap with the inauguration of its seventh store at Phoenix Mall of Asia, Byatarayanapura, Hebbal, Bengaluru…
• NexusHyderabad Welcomes New Balance’s Progressive Retail Concept
  10 Feb 2024, indianretailer.com
  ​New Balance has proudly inaugurated its maiden retail outlet in Hyderabad, located at Sarath City Capital Mall, on 7th February 2024. This momentous occasion marks a significant leap in New Balance’s strategic expansion endeavors across India. The newly established store marks a pioneering venture for the brand’s Indian subsidiary…
• From Gully Cricket to Global Giants: Unpacking India’s Booming Toy Market
  10 Feb 2024, indianretailer.com
  ​Imagine a vibrant tapestry woven with traditional wooden dolls, educational coding games, and action figures from international blockbusters. That’s the picture-perfect image of India’s toy industry, a market undergoing a dynamic transformation…
• Page Industries Limited Showcases Fiscal Resilience Amid Retail Sector Challenges
  10 Feb 2024, retail.economictimes.indiatimes.com
  ​In a challenging landscape marked by shifting consumer spending patterns, Page Industries Limited, India’s leading apparel manufacturer, has revealed its financial performance for the third quarter and nine months ending December 31, 2023…
• Decoding UPT: A Comprehensive Guide to Units Per Transaction in Retail
  10 Feb 2024, indianretailer.com
  ​In the dynamic world of retail, understanding customer behavior is paramount to achieving success. One crucial metric that sheds light on buying patterns and overall performance is Units Per Transaction (UPT)…
• Unveiling Your Finances: Demystifying Retail vs. Corporate Banking
  10 Feb 2024, indianretailer.com
  ​Navigating the world of banking can feel like deciphering an ancient scroll – riddled with jargon and seemingly endless options. But fear not, fellow finance adventurer!..
• Cracking the Counterfeit Conundrum: Sanghvi Foods’ Unseen Battle Against Fake Atta!
  10 Feb 2024, indianretailer.com
  ​In the pulsating kaleidoscope of India’s packaged atta market, where the alluring fragrance of freshly baked bread and the heartening spectacle of chapatis being crafted weave into the fabric of daily existence, emerges a…
• Brigade REAP Onboards Five New Startups In Various Domains
  9 Feb 2024, rprealtyplus.com
  ​Brigade REAP, India’s first PropTech focused real estate accelerator program, has onboarded 5 startups were chosen based on their innovation in proof of concept, relevance to PropTech, disruptive technology and the advantages that this technology will bring to the real estate sector at large…
• Zomato posts Rs 138 cr net profit in Q3
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​Consolidated revenue from operations in the third quarter of the ongoing fiscal stood at Rs 3,288 crore as against Rs 1,948 crore a year ago, it added. Total expenses were higher at Rs 3,383 crore. The same was Rs 2,485 crore in the corresponding period a year ago, the company said…
• Tata Sons to invest $1 billion more in digital arm
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​Earlier this week, Tata Digital appointed Naveen Tahilyani, the former managing director of Tata AIA Life Insurance, as its CEO & MD. Tahilyani replaced Pratik Pal who had been holding the charge since the company’s inception in 2019. Tata Sons has invested more than $2 billion in Neu so far and has board approvals for further capital infusion over a five-year period…
• Mainstream demand tepid despite premiumisation: Nestle CMD Suresh Narayanan
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​NielsenIQ forecasts a slowdown in the FMCG sector’s value growth. Nestle India reports a 4.4% YoY rise in net profit for the December quarter, driven by pricing and strong momentum in ecommerce and out-of-home channels…
• Nitin Paranjpe to leave Unilever by middle of 2024
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​”I am very grateful to Nitin for everything he has done in the company. By the way, he will continue as the chair of Hindustan Unilever for the foreseeable future. And I am very grateful that he will use all his expertise and experience in that key role,” Unilever chief executive officer Hein Schumacher said…
• Mall consumption grows 9.66 pc in 3rd quarter: Report
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​The report reveals a robust growth in food and beverage sales at 7.08 per cent on a weighted average basis, with the North region again leading at 13.09 per cent. Whereas, entertainment sales have experienced a moderate growth rate of 6.67 per cent on a weighted average basis, with the North region achieving a 9.70 per cent growth…
• IKEA India betting on kids range, sees stable growth across children’s category
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​IKEA India said it has seen stable growth year-on-year across the children’s category including its educational solutions, soft toys, and furnishing storage solutions for kids…
• Patanjali Foods Q3 Results: PAT falls 19% YoY to Rs 217 crore, revenue growth flat
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​Patanjali Foods Q3 Results: Revenue from operations fell 0.2% to Rs 7,911 crore. Sequentially, the topline rose just 1.1%, while the bottomline dropped by nearly 15%…
• Jockey India licensee posts higher Q3 profit, helped by higher margins
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​The company, which manufactures and distributes sports and athleisure wear, said its profit rose 23% year-over-year to 1.52 billion rupees ($18.3 million) in the third quarter…
• Metro Brands leases 3.25-lakh-sq-ft warehouse in Bhiwandi for 5 years
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​Metro Brands Ltd, one of India’s leading footwear and accessory retailers, has secured its largest warehousing space to date. The company has leased a custom-built 3.25 lakh square feet warehouse in Bhiwandi, near Mumbai, as part of its expansion strategy…
• Unilever to ‘defend its position’ amid attack on price points by local companies
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​”If you look at India, the good thing about quarter four is with the price pressure that is there in India, one of the impacts of deflationary pressure in some categories could be with increased competition and so forth. We have seen a volume growth, so the minus 2% on pricing was balanced by a 2% volume growth. I think that’s a positive for India,” Unilever’s chief executive officer Hein Schumacher said during its earnings call…
• Business firing on all cylinders; adding new engines of growth: Sunil D’Souza, TCPL
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​​Our growth businesses keep on firing, overall a 42% growth and all the businesses are plus 40% now. EBITDA margins are now north of 15%, working capital down 7 days. We actually generated 40% more cash in Q3 this year versus Q3 last year. Close to 3,000 crores of cash was sitting on our balance sheet and I say was because we are going to use it now for the acquisitions…
• Blinkit’s revenue from ads sees over threefold surge in Q3
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​During the third quarter, Blinkit said its growth was faster than the year-on-year increase in its gross order value (GOV). Blinkit’s GOV for the quarter ended December 31 doubled to Rs 3,542 crore…
• Tata may have a new ‘plan’ to take on Swiggy, Zomato
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​Tata Group is entering the online food ordering sector with its ‘super app’ Tata Neu, using the government’s ONDC. The app plans to start its food delivery service and cross-sell its other products, including apparel, jewellery, grocery, electronics, and flights…
• Mallika Srinivasan steps down as Swiggy’s independent director
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​Swiggy said Srinivasan was stepping down due to “increasing business commitments”, without explaining further. The firm did not name a replacement for the position…
• India’s retail inflation to drop to a three-month low in January at 5.09%, says Reuters report
  9 Feb 2024, livemint.com
  ​Economists surveyed by Reuters anticipate a decline in India’s retail inflation to a three-month low of 5.09 percent in January. This dip is attributed to reduced food price hikes and favourable base effects…
• India consumption story driving mall operators, warehousing players’ growth, ICRA
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​Though the net absorption was healthy in the first three quarters of this financial year, the vacancy levels rose by 100 bps to 20% as of December 2023 due to higher new supply, which has become operational recently and is yet to ramp up fully. ICRA expects the occupancy levels to sustain at 81-82% as of March 2024 and improve to 82-83% by March 2025…
• Unveiling the Magic: How Big Data Powers the Retail Revolution
  9 Feb 2024, indianretailer.com
  ​Imagine walking into a store where the shelves seem to anticipate your needs, recommending products you’d love before you even know it. Sounds futuristic, right? But thanks to the power of retail analytics, this scenario is rapidly becoming reality…
• Love Evolves: Reimagining Retail for the Future of Valentine’s Day
  9 Feb 2024, indianretailer.com
  ​Valentine’s Day, with its heart-shaped balloons, red roses, and romantic dinners, remains a retail juggernaut. In 2023, spending on loved ones reached a record high of $14.2 billion, showcasing its enduring power…
• Reimagining the Retail Landscape: Transforming Malls for the 2024 Consumer
  9 Feb 2024, retail.economictimes.indiatimes.com
  ​The iconic American mall, once a bustling hub of social interaction and consumerism, faces a crossroads. The rise of e-commerce giants and changing consumer preferences have put immense pressure on traditional retail spaces…
• Nexus Select Trust Achieves Highest Qtrly Tenant Sales & Occupancy
  8 Feb 2024, rprealtyplus.com
  ​Nexus Select Trust, India’s first listed Retail REIT, reported strong results for the third quarter ended December 31, 2023…
• Signature Global Records Net Profit Of Rs 21.79 Mn For Q3 FY24
  8 Feb 2024, rprealtyplus.com
  ​Signature Global, amongst the leading real estate development companies in India, reported strong quarterly performance with net profit of INR 21.79 million…
• Tata Consumer Q3 Results: Net profit drops 21% YoY to Rs 279 crore; revenue rises 9%
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​Revenue from operations increased 9% year-on-year (YoY) to Rs 3,804 crore in the December quarter. The same stood at Rs 3,474 crore in the last year quarter…
• HUL announces top-level rejig, Shiva Krishnamurthy joins management committee
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​Srinandan Sundaram, Executive Director, Foods and Refreshment, will take over as the Executive Director, Homecare, HUL…
• Quick commerce, gifting companies blossom on rose day
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​A Swiggy Instamart spokesperson told ETRetail that the company stocked up more than 1.5 million roses and witnessed up to 25 per cent more orders in the early hours of Rose Day…
• Meesho launches logistics marketplace Valmo; claims to offer 5% cheaper solutions
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​With Valmo, the company is partnering with micro-entrepreneurs for services including first-mile, last-mile, and sorting centres across the country, thus allowing delivery partners to be located close to users and reduce the time taken for each delivery…
• Nestle India Q4 net profit rises 4.3% to Rs 655.61 crore
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​Nestle India’s total revenue from operations also increased to Rs ​​4,600.42 crore in Q4 CY24 as compared to Rs 4256.79 crore in a similar period last fiscal. Its total expenses rose to Rs 3,636.94 crore in Q4 CY24 from Rs 3,427.27 crore in Q4 CY23, as per the regulatory filing…
• Trent Q3 net profit more than doubled to Rs 370.64 crore; Co. looks to deepen store presence
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​Noel N Tata, chairman of Trent Limited said,​​ “We will continue to expand and deepen our store presence with the aim of being ever more proximate and convenient to customers reinforcing our brand promise. We believe that our strategic differentiators will continue to provide us encouraging tailwinds.”..
• Parag Milk Foods Q3 net profit nearly quadrupled to Rs 34.16 cr
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​​​Commenting on the results Devendra Shah, chairman at Parag Milk Foods said, “Over the last two quarters, the milk procurement prices have been benign and we expect it to remain stable ahead. Improving consumer sentiments coupled with our continuous focus on the value-added products and the health and nutrition segment is expected to drive healthy performance in the future.”..
• Growth of caffeinated energy drinks makes Govt anxious
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​Amid a surge in consumption, particularly among teenagers and athletes, government officials are considering tighter regulations for caffeinated energy drinks. Concerns over potential health risks from excessive consumption prompt reevaluation by the Food Safety and Standards Authority of India (FSSAI). Proposed changes may include mandatory disclosures of caffeine content and consumption limits on packaging. Industry players like PepsiCo and Coca-Cola await official directives amidst rising scrutiny…
• Veg thali cost increases in Jan; non-veg thali rates fall
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​​​According to Crisil Market Intelligence and Analytics (MI&A) Research ‘Rice Roti Rate’ estimates, the rise in prices of ingredients like pulses, rice, onion and tomato made home-cooked veg thali costlier in January, while decline in poultry rates helped in the fall in non-veg thali rates…
• Moet Hennessy sees the right spirit in India
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​”Currently, we are focusing in India on Hennessy Cognac, Glenmorangie whisky and Chandon Sparkling wine, and to a lesser degree, on our champagnes which are purchased more outside India than within India,” Schaus said…
• The Great India Retail Summit 2024: Shaping the future of retail
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​The summit boasts a stellar lineup of retail pioneers, brand mavens, and thought leaders, ready to share their insights and shape the trajectory of the industry…
• Physical retail surging: 41 million sq ft new development expected by 2028
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​Stable economic conditions have fueled the consumption led growth enabling footprint expansion by retailers and new mall announcements. Apart from the strong supply pipeline, mall developers are focusing on building larger-sized malls to offer better shopping experience…
• In Q3, Berger Paints had 9.1% growth; in Q4 trends should be similar: Abhijit Roy
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​Abhijit Roy says: “We have always had big competition within the industry. There are major players there already both domestic and international and we have been fighting. So I do not see anything majorly changing, of course, there is a very big player coming in in March-April and that might shift a little bit in terms of the growth rates but it is not going to be a very tangible effect on the overall revenue or profit growth.”…
• D2C home care brand Koparo raises Rs 5.2 cr funding from 4P Capital Partners
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​“In the next 2 years, we are targeting to reach 10 lakh Indian consumers and our focus is on expanding distribution both online and offline.” said Simran Khara, founder, Koparo…
• Butterfly Gandhimathi Appliances to continue focus on strengthening retail presence
  8 Feb 2024, retail.economictimes.indiatimes.com
  ​”During the quarter, revenue from core categories grew along with market share gains vs the same period last year. Growth in core categories was driven by new product launches, with meaningful contribution from premium segments,” said company Managing Director Rangarajan Sriram in a statement on Wednesday…
• Premium Kidswear Brand Kate and Oscar Launch First Store in Delhi NCR: Totalling Six Stores in First Year of Inception
  8 Feb 2024, indianretailer.com
  ​In a strategic move to enrich the retail landscape for kids’ apparel in North India, premium brand Kate and Oscar joyously announce the grand opening of its latest store in Ambience Mall, Gurgaon…
• 10 Stellar Vendor Booth Ideas for Crushing Your 2024 Sales Goals
  8 Feb 2024, indianretailer.com
  ​Standing out in a crowded marketplace isn’t easy, especially for vendors vying for attention amidst a flurry of competing products. In 2024, the bar for captivating customers is higher than ever. You need more than just well-made goods; you need an experience that draws them in, educates them, and ultimately, converts them into loyal fans…
• Decoding Consumer Behavior: Four Essential Strategies for Retail Marketing Success
  8 Feb 2024, indianretailer.com
  ​In today’s fast-paced retail environment, understanding consumer behavior is not just an advantage, it’s a necessity for survival and growth…
• Ace Group Unveils ‘ACE YXP’ Commercial Project At Yamuna Expressway
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​Ace the renowned real estate developer in India is making the headlines again with the unveiling of’ ACE YXP,’ a transformative commercial and lifestyle destination poised to redefine luxury and convenience on the Yamuna Expressway…
• Anant Raj’s net profit up 58.17% in Q3 FY24
  7 Feb 2024, realty.economictimes.indiatimes.com
  ​Anant Raj’s net consolidated total income stood at Rs 401.02 crore in Q3 FY24, a growth of 43.14 per cent from Rs 280.16 crore it recorded in the similar quarter last year…
• FSN E-commerce board approves restructuring of group businesses to streamline operations
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​​​FSN E-commerce’s board has approved further investment in Nykaa Fashion by way of equity on a rights issue basis. Further, its board has approved the acquisition of the athleisure and lingerie business of Nykaa Fashion as a going concern on a slump sale basis, in accordance with the business transfer agreement (BTA) to be entered between the companies on an arm’s length basis…
• Timex to continue betting big on analog watches; eyes India to become its biggest market
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​The company is also working with vendors in India to develop their capabilities in making stainless steel cases…
• Britannia’s net profit drops 40% to Rs 932.40 crore in Q3 FY24
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​Britannia’s revenue from operations increased 1.41% at Rs 4,256.33 crore in Q3 FY24 as compared to Rs 4,196.80 crore in Q3 FY23. Its total expenses grew to Rs 3,544.42 crore in Q3 FY24 as against Rs 3,475.31​​​ crore in the same period of last fiscal, according to a regulatory filing…
• Radico Khaitan Q3 net profit up 23% to Rs 75.15 crore
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​Radico Khaitan’s revenue from operations rose 34.1 per cent to Rs 4,245.95 crore in the third quarter of the current financial year. It stood at Rs 3,166.19 crore in the year-ago period…
• Nykaa Q3 Results: Profit nearly doubles to Rs 16 crore; revenue up 22% YoY
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​Nykaa Q3 Results: FSN E-commerce Ventures, the parent company of Nykaa, reported a 97% YoY increase in net profit for Q3, reaching Rs 16.2 crore. Revenue from operations also rose by 22% YoY to Rs 1,789 crore. The EBITDA margin expanded to 5.5%, showing a 26% YoY growth. Nykaa’s gross merchandise value (GMV) increased by 20% YoY to Rs 761 crore. ..
• V-Mart Retail Q3 profit up 41.3% at Rs 28.23 cr, revenue up 14.4% to Rs 889 cr
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​”Good festive demand in the quarter helped increase footfalls by 23 per cent reflecting an improved consumer sentiment. Winter season was delayed and remained muted during the quarter. Working capital improved with a decrease in inventory by 12 per cent from last quarter,” said an earning statement from the company…
• S.P. Apparels to acquire 51.33% stake in Young Brand Apparels
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​Listed garment maker S.P. Apparels Ltd on Monday said it will acquire 51.33 per cent stake in the Rs 325.91 crore revenue Young Brand Apparels Private Ltd for Rs 95 crore…
• Dec quarter sees 6.4% surge in FMCG volumes; urban-rural gap narrows: Report
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​The Indian FMCG industry has experienced a 6 per cent growth in value, attributed to a 6.4 per cent increase in volume, indicating positive consumption patterns at an all-India level, the report read…
• Vans sneaker maker misses quarterly expectations; CFO to step down
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​The company, which withdrew its annual forecasts in October and announced a cost reduction plan, said it had begun an in-depth strategic review of its Global Packs business, including brands such as Kipling and JanSport…
• Slowing consumer sales growth marks end of revenge shopping
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​”Revenge shopping that we saw during the pandemic was never sustainable. While people are buying higher priced products including cars and electronics with finance options, the increasing EMI every month is forcing them to cut back on lifestyle products like clothing and accessories,” said Kumar Rajagopalan, chief executive officer of RAI…
• Battery-maker Eveready Industries Q3 profit jumps 55% on lower expenses
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​Eveready’s total expenses fell almost 9% to 2.95 billion rupees, led by a 29% decline in raw material costs. As a result, consolidated net profit rose to 84.1 million rupees ($1 million) in the three months to Dec. 31…
• TTK Prestige posts higher profit on strong demand for cookware
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​Consolidated net profit rose 8.5% to 624.8 million rupees ($7.5 million) during the October-December period, snapping five straight quarters of declining profit. Revenue from operations climbed 6.3% to 7.38 billion rupees…
• ‘Fresh’ Fresh Signature Store by Reliance Retail Opens at Infiniti Mall Oshiwara; Brings Total Count to 141 Outlets
  7 Feb 2024, indianretailer.com
  ​Reliance Retail has introduced Fresh Signature, an experiential supermarket housed in a sprawling 9000 sq. ft. space at Infiniti Mall Oshiwara, Andheri West, Mumbai. Far from the conventional grocery store experience, Fresh Signature pioneers a new approach with 17 live food experiences seamlessly integrated with a diverse product array, transforming mundane grocery runs into a sensory journey of culinary discovery…
• Malabar Gold and Diamonds Strengthens Presence in Lucknow with Alambagh Store
  7 Feb 2024, indianretailer.com
  ​Malabar Gold and Diamonds, a key player in the Indian jewelry retail landscape, has recently inaugurated its latest store in Alambagh, Lucknow, as part of its ongoing commitment to providing an unparalleled jewelry shopping experience…
• Empowering Customers: A Guide to Valuable Services Retailers Offer
  7 Feb 2024, indianretailer.com
  ​In today’s competitive retail landscape, exceptional customer service is no longer a differentiator – it’s an absolute necessity…
• What is Visual Merchandising in Retail (2024): Captivate, Connect, and Convert
  7 Feb 2024, indianretailer.com
  ​In the ever-evolving retail landscape, where competition is fierce and online shopping holds significant sway, standing out from the crowd is crucial…
• GSM in Retail: Unveiling the Mystery Behind the Acronym
  7 Feb 2024, indianretailer.com
  ​In the dynamic world of retail, understanding product specifications is crucial for making informed purchasing decisions. Among the various technical terms encountered, “GSM” often sparks curiosity…
• Exploring the Expansive World of Retailing: Scope and Key Functions
  7 Feb 2024, retail.economictimes.indiatimes.com
  ​This article aims to delve deep into the scope and functions of retailing, providing insights into its evolution, economic impact, and the diverse roles it plays in the market…
• TREVOC Group Enters Gurgaon With Rs 100 Cr Worth Prime Land Purchase
  6 Feb 2024, rprealtyplus.com
  ​Gurgaon, often referred to as India’s Millennium City, has long been synonymous with luxury real estate. The renowned developer TREVOC Group has recently made a significant move by acquiring prime land…
• ANAROCK Raises Rs 200 Cr Funding From 360 ONE Asset
  6 Feb 2024, rprealtyplus.com
  ​ANAROCK, a leading Indian independent real estate consultancy, has announced an investment of ~INR 200 Cr (USD 25 Mn) from 360 ONE Asset Management Limited (earlier known as IIFL Asset Management) (360 ONE Asset), one of India’s largest alternate asset managers and part of the 360 ONE group, a wealth…
• Quick commerce platforms surge rocks neighborhood grocery stores
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​India’s neighborhood grocery stores, numbering around 12 million, experienced a slowdown in sales in the last quarter of 2023, while quick-commerce firms gained market share. Companies like Marico, Dabur, and Parle noted challenges in profitability and liquidity for traditional kirana stores. Quick-commerce platforms like Swiggy Instamart and Zomato-owned Blinkit have contributed significantly to FMCG sales, accounting for 30-50% of e-commerce sales for these companies…
• Rado grew by 23% last year in India: Global CEO Adrian Bosshard
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​In conversation with ETRetail, Rado’s Global CEO Adrian Bosshard discusses the company’s new launch, the India market’s performance for FY23, and growth plans going forward…
• Pepsi India bottler Varun Beverages’ Q4 profit surges 77% on upbeat demand
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​Consolidated net profit rose to 1.32 billion rupees ($15.9 million) for the fourth quarter ended Dec. 31, compared with 747.5 million rupees in the year-ago period…
• Welspun Living appoints Sunil Duggal as independent director
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​On Sunil Duggal’s appointment, Dipali Goenka, CEO and MD of Welspun Living, said, “His extensive experience, particularly in steering Dabur’s success, aligns seamlessly with our commitment to elevating Welspun’s B2C journey. As we embark on this transformative phase, his consumer-centric perspective and experience in building strong consumer connections resonates perfectly with Welspun’s vision. “..
• Will FMCG giants be able to slay their puny challengers?
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​The Indian economy, driven by rising consumption, offers a large scope for the growth of the FMCG sector. This includes not only big companies like Hindustan Unilever and Nestle India but also emerging small players. Local brands have been eating into the market share of leading consumer product companies in categories like soaps, detergents, hair oil, tea, and biscuits. These regional brands have been scaling up rapidly and giving tough competition to national brands. FMCG giants are fighting back by reducing product prices, increasing advertising, and investing in marketing…
• State-owned EESL launches beta version of ecommerce platform
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​The platform, eeslmart.in, lists energy-efficient appliances such as LED bulbs, inverter LED lamps and fans, at present…
• Luxe brands expand, lease more space
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​The luxury retail market in India is experiencing robust growth, with luxury watch, jewelry, fashion, and apparel brands leasing 600,000 square feet in 2023, marking the highest in six years, according to CBRE data. The share of luxury brands in overall leasing rose to 9% in 2023 from 3% in 2018. The expansion is attributed to growing consumer aspiration for global brands, increased disposable income, and the growth of organized retail spaces in major cities. International brands such as La Vie en Rose, Rimowa, Bugatti Fashion, and Victoria’s Secret have made significant expansions in the Indian market…
• Unicommerce adds ‘Endless Aisle’ to its omnichannel retail management system
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​Businesses continue to adopt omnichannel technology to align with users who move seamlessly between the online and physical stores of a brand. With Unicommerce’s…
• Bajaj Electricals posts Q3 profit drop on shrinking consumer spends
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​The October-December period typically marks the festival season in India, during which consumers traditionally splurge on non-discretionary products. However, demand was subdued in the latest quarter due to elevated inflation levels, which restrained expenditure on non-essential items, in both rural and urban areas, analysts said…
• Nappa Dori Debuts in Mumbai Duty-Free
  6 Feb 2024, indianretailer.com
  ​In a significant stride for the travel retail sector, Mumbai Duty Free proudly unveils the inclusion of Nappa Dori at its Departure Store in Chhatrapati Shivaji Maharaj International Airport…
• Louis Philippe and Peter England Debut Exclusive Outlets in Mauritius
  6 Feb 2024, retail.economictimes.indiatimes.com
  ​Aditya Birla Fashion and Retail Ltd. (ABFRL) launched Louis Philippe and Peter England, its distinguished menswear brands, to the vibrant retail landscape of Mauritius in collaboration with Jetha Tulsidas…
• Furniture Brand from Singapore, Commune, Launched Flagship Store in Mumbai
  6 Feb 2024, indianretailer.com
  ​Singapore-based luxury furniture brand, Commune, a subsidiary of Koda, Southeast Asia’s leading furniture producer with over 50 years of expertise, is thrilled to announce the opening of its flagship store in Mumbai…
• CHARLES and KEITH Unveils Concept Store at Ambience Mall
  6 Feb 2024, indianretailer.com
  ​In a significant move within the retail landscape, renowned fashion label CHARLES and KEITH has redefined the shopping experience for its patrons with the inauguration of its revamped concept store at Ambience Mall, Gurgaon…
• The Epitome of Luxury: A Deep Dive into 10 Premium Cigarette Brands in India Above ₹2000
  6 Feb 2024, indianretailer.com
  ​In a world where smoking is not just a habit but a statement of luxury and style, certain cigarette brands have set themselves apart. In India, the market for premium cigarettes is flourishing, with several brands offering products…
• Diageo India’s Micro Enterprise Initiative Empowers Women Farmers in Nashik
  6 Feb 2024, indianretailer.com
  ​Diageo India, a leading alco-bev company, has initiated a micro-enterprise program aimed at empowering smallholder women farmers in Nashik…
• Retailers React – A Mixed Bag of Measures Unveiled
  6 Feb 2024, indianretailer.com
  ​The much-anticipated Union Budget 2024 has been presented, and the Indian retail sector, a crucial pillar of the economy, is carefully analyzing its impact…
• Top Retailers Using Tech to Build Lifelong Customer Relationships: Cultivating Loyalty in the Digital Age
  6 Feb 2024, indianretailer.com
  ​In today’s competitive retail landscape, customer loyalty is more precious than ever. The ease of switching brands online and the abundance of choices have made traditional loyalty programs seem almost quaint…
• Solutions to Shrinkage: Retail’s Biggest Pain
  6 Feb 2024, indianretailer.com
  ​For retailers, the thrill of a bustling store can quickly fade when faced with the harsh reality of shrinkage. This silent thief, encompassing losses from shoplifting, employee theft, administrative errors, and vendor fraud, eats away at…
• FMCG majors slash prices, hike advertising spends to beat regional brands
  5 Feb 2024, retail.economictimes.indiatimes.com
  ​Top FMCG majors, including Hindustan Unilever, Marico, and Adani Wilmar, are reducing product prices and increasing marketing investments to combat competition from regional brands…
• Budget 2024 brings cheer to dairy sector
  5 Feb 2024, retail.economictimes.indiatimes.com
  ​​​The managing director of Gujarat Cooperative Milk Marketing Federation (GCMMF), Jayen Mehta, applauded the government’s initiative, emphasizing its potential to transform India into the “dairy to the world.” Devendra Shah, chairman of Parag Milk Foods, also lauded the government’s commitment, acknowledging the dairy sector’s significance in sustaining the livelihoods of 80 million dairy farmers…
• Blue Tokai revenue surges 70% in FY23; loss up 3.5 times as firm expands footprint
  5 Feb 2024, retail.economictimes.indiatimes.com
  ​Specialty coffee brand Blue Tokai saw its total expenses balloon to Rs 166 crore in FY23 from Rs 90 crore in the previous fiscal primarily on account of an increase in costs pertaining to raw materials, employee salaries, and rents…
• Lite Bite to focus on 4 core brands; tier 1,2 to be key growth markets
  5 Feb 2024, retail.economictimes.indiatimes.com
  ​Lite Bite Foods, operating Asia7 and Street Foods, aims to double its outlets count by focusing on its four core brands, including Punjab Grill, Street Foods, YouMee, and Asia 7. The company plans to expand in tier 1 and 2 markets to capitalize on India’s growing organized food services sector. The food and service is expected to reach $78.8 billion by 2026, driven by factors such as increased dining out frequency and demand for diverse cuisines…
• Patanjali enters race with all-cash offer of ₹830 crore to acquire Rolta India
  5 Feb 2024, retail.economictimes.indiatimes.com
  ​Patanjali Ayurved has made a late bid to acquire debt-laden Rolta India with an all-cash offer of approximately ₹830 crore. This bid comes after Ashdan Properties was declared the highest bidder by banks last week. Patanjali Ayurved approached the National Company Law Tribunal in Mumbai, requesting lenders to consider its offer. The tribunal has put the onus on the committee of creditors to decide whether to entertain the bid since it emerged after the completion of the bidding process…
• E-commerce is revolutionising the entrepreneurial landscape in tier 2 and 3 cities
  5 Feb 2024, retail.economictimes.indiatimes.com
  ​There are many inspiring stories of start-ups and entrepreneurs who have successfully scaled up and transformed their businesses by embracing e-commerce…
• Retailers slash prices on more Nike sneakers in 2024
  5 Feb 2024, retail.economictimes.indiatimes.com
  ​The trend marks a break from the past, when Nike retailers enjoyed the ability to sell through their Nike inventory at full price — particularly lifestyle shoes such as Nike Air Jordan 1 Retro High. Nike’s full retail prices range from roughly $50 for basic Nike running shoes to $200 or more for special-release Nike sneakers…
• Superdry CEO exploring takeover of struggling retailer
  5 Feb 2024, retail.economictimes.indiatimes.com
  ​Superdry shares soared earlier on Friday to levels not seen since October after The Times newspaper reported that U.S. private equity company Sycamore Partners and Authentic Brands Group, which owns Ted Baker, had Superdry “on their radar”…
• FMCG firms report single-digit volume growth with better margin in December quarter
  5 Feb 2024, retail.economictimes.indiatimes.com
  ​Companies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer demand from rural India remained subdued even as they expect an improvement in coming quarters. Moreover, the late arrival of winter also impacted the pickup of relevant products such as lotions, oils and creams. Hindustan Unilever (HUL) reported a muted growth in consolidated net profit at Rs 2,508 crore and its sales were marginally down to Rs 15,259 crore…
• Signature Global posts Rs 2.17 crore net profit in Q3 FY24
  5 Feb 2024, realty.economictimes.indiatimes.com
  ​Total income rose to Rs 301.75 crore in the third quarter of this fiscal from Rs 191.78 crore in the corresponding period of the previous year, according to a regulatory filing on Friday…
• Top 10 Concepts Every Data Professional Should Know
  5 Feb 2024, indianretailer.com
  ​In the fiercely competitive world of retail, data isn’t just a buzzword – it’s the key to unlocking success. With the ever-growing volume of information available, mastering retail analytics has become essential for any data professional looking to make a mark in this dynamic industry…
• Slice of Profit: How Retailers Can Maximize Sales on National Pizza Day
  5 Feb 2024, indianretailer.com
  ​Ah, National Pizza Day! A glorious feast for the senses, where melty cheese, tangy tomato sauce, and the irresistible aroma of baked dough create a symphony of indulgence…
• A Guide for Retail Owners Navigating the Evolving Landscape
  5 Feb 2024, indianretailer.com
  ​The retail landscape is more dynamic than ever. Consumer preferences shift like sands in the wind, competition is fierce, and technological advancements rewrite the rules of the game. As a retail owner, navigating this ever-changing terrain can feel like walking a tightrope blindfolded…
• Top 10 Concepts Every Data Professional Should Know
  5 Feb 2024, indianretailer.com
  ​In the fiercely competitive world of retail, data isn’t just a buzzword – it’s the key to unlocking success. With the ever-growing volume of information available, mastering retail analytics has become essential for any data professional looking to make a mark in this dynamic industry…
• From Likes to Profits: How Indian Entrepreneurs are Mastering Social Media Sales Strategies
  5 Feb 2024, indianretailer.com
  ​India’s dynamic entrepreneurial ecosystem has undergone a remarkable transformation as the mindset of hardworking entrepreneurs shifts from merely contributing towards maximizing profits to employing innovative social media marketing strategies…
• Popeyes® Partners with RB Iberia to launch in Italy
  5 Feb 2024, restaurant.indianretailer.com
  ​RB Iberia is committed to providing guests with an excellent digital experience, utilizing personalization and the latest service channels to serve our guests in the iconic hospitable way that is characteristic of the brand…
• ITC’s Iconic Restaurant ‘Avartana’ Opens 3rd Outlet at ITC Maratha, Mumbai
  5 Feb 2024, restaurant.indianretailer.com
  ​Already a huge success at ITC Grand Chola in the south, and ITC Royal Bengal in the east, the legacy of this signature culinary restaurant now takes the stage at ITC Maratha in the west…
• Embassy REIT Achieves Full Year Leasing Guidance Of 6.5 Mn Sqft In 9 Months
  3 Feb 2024, rprealtyplus.com
  ​Embassy Office Parks REIT (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results for the third quarter ended December 31, 2023…
• Apple sets another record in India, what CEO Tim Cook told analysts
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​Apple’s record quarter in India contributed to its fiscal 2024 Q1 results, which showed a 2% YoY revenue growth. The growth was driven by iPhone sales and an all-time revenue record in Services. Apple’s active device base exceeded 2.2 billion, a new high across all products and regions…
• Bikaji Foods International’s net profit rises 15% to Rs 46 crore in Q3 FY24
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​Bikaji Foods’ total revenue from operations grew 22.9 per cent YoY to Rs 624.15 crore in Q3 FY24 as against the revenue of Rs 507.68 crore in Q3 FY23. Also, the company’s total expenses surged to Rs 567.78 crore in Q2 FY24 as against the total expenses of 468.36 crore in the similar period of the previous fiscal, as per the regulatory filing…
• Gokaldas Exports acquires apparel business of Matrix Clothing
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​“The acquisition of Matrix is an important step in this direction as it is strategically relevant, possesses a good complementary customer base, operationally strong, and above all, a leader in its own sphere,” said Sivaramakrishnan Ganapati, vice chairman & MD, Gokaldas Exports…
• Amazon Q4 sales beats estimates on cloud and ecommerce strength, shares rise
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​”Amazon was a clear winner in the 2023 holiday season, thanks to its commanding presence over an extended shopping period and a renewed emphasis on speedier delivery and essential categories prioritized by consumers,” said Insider Intelligence senior analyst Sky Canaves. He forecast Amazon expanding its U.S. ecommerce market share this year…
• Delhivery Q3 Results: Co swings to black with cons profit at Rs 11 crore
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​Consolidated revenue from operations rose 20.3% YoY to Rs 2,194 crore. The numbers were better than expected, as most analysts had estimated a loss for the logistics solutions provider…
• Bikaji Foods International appoints Sunil Sethi as a non-executive independent director
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​Sethi is a corporate connoisseur with over three decades of multi-category experience in the FMCG & Alcoholic beverages industry. With expertise in sales, marketing, strategy, and general management across international markets, he has held key roles in blue-chip Indian and multinational organizations, including Wipro Consumer, Cadbury India (now Mondelez), Diageo, Colgate Palmolive, Kelloggs & Fonterra…
• Kisan to kirana: FMCG companies bet on rural revival
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​The extension of healthcare coverage under Ayushman Bharat to Asha and Anganwadi workers and expansion of the Lakhpati Didi scheme’s target to 3 crore women are big positives this year, said Malhotra, adding that they will go a long way in empowering rural women and enhancing the quality of life in rural India, ensuring sustained demand for branded consumer goods…
• The Ayurveda Company aims to reach 50K sales touchpoints in GT market by Diwali 2024
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​Sanjiv Gupta, the chief advisor at T.A.C, shared, “Our target is to reach 50K touchpoints by Diwali 2024, supported by media and BTL activations and building an entire network on the cash and carry model.”…
• Whirlpool’s Indian unit quarterly profit jumps on strong demand
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​Consolidated net profit rose to 279.9 million rupees ($3.38 million) in the quarter ended Dec. 31, from 246.9 million rupees a year earlier. Revenue from operations in Whirlpool’s Indian unit rose nearly 18% to 15.36 billion rupees for the first time in four quarters…
• India’s V-Guard posts Q3 profit beat on sturdy demand across segments
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​Revenue from the electricals segment, which accounts for 40% of the revenue, rose 8% to 4.73 billion rupees, aiding the Kochi, Kerala-based company. The category includes products like electric water heaters and fans. Key festivals, such as Diwali and Christmas, prompted retailers to roll out enticing offers…
• Q3 Fiscal Triumphs: Blue Star and Kalyan Jewellers Lead Revenue Surge
  3 Feb 2024, indianretailer.com
  ​In the backdrop of the third quarter of fiscal year 2023-24, several companies across diverse sectors have reported their financial results…
• How Indian E-Commerce and D2C Brands Embrace the Vision of Viksit Bharat
  3 Feb 2024, indianretailer.com
  ​The echoes of the Interim Budget 2024-25 are reverberating across the Indian business horizon, particularly within the dynamic realms of e-commerce and Direct-to-Consumer (D2C) brands…
• Godrej Interio’s Sustainable Surge: A Green Revolution in Indian Retail Furniture
  3 Feb 2024, indianretailer.com
  ​Godrej and Boyce, a stalwart in the Indian retail landscape, through its business arm Godrej Interio, is navigating the tides of change in the furniture industry…
• The Future of Retail Analytics: Embracing New Technologies and Methodologies
  3 Feb 2024, indianretailer.com
  ​The retail landscape is undergoing a seismic shift. Gone are the days of brick-and-mortar dominance and static customer interactions. Today, the savvy shopper is armed with information, empowered by technology, and demanding a personalized, seamless experience…
• DTC Disruption: Can Established Brands Compete with the Agility of Digital Natives?
  3 Feb 2024, indianretailer.com
  ​The retail landscape is undergoing a seismic shift. The rise of direct-to-consumer (DTC) brands is challenging the dominance of established giants, shaking up industries and redefining consumer expectations…
• Communicating Your ESG Efforts Effectively: Building Trust with Consumers -Retail Practices
  3 Feb 2024, indianretailer.com
  ​In today’s increasingly conscious consumer landscape, Environmental, Social, and Governance (ESG) factors play a growing role in purchasing decisions…
• Harnessing Customer Data for Effective Omnichannel Marketing Campaigns
  3 Feb 2024, indianretailer.com
  ​In today’s digital landscape, customers navigate across multiple channels – websites, social media, mobile apps, and physical stores – seamlessly blending online and offline experiences…
• Harnessing Customer Data for Effective Omnichannel Marketing Campaigns
  3 Feb 2024, indianretailer.com
  ​In today’s digital landscape, customers navigate across multiple channels – websites, social media, mobile apps, and physical stores – seamlessly blending online and offline experiences…
• Unveiling the Richest Billionaires in Fashion and Retaiil – An In-Depth Look
  3 Feb 2024, retail.economictimes.indiatimes.com
  ​The fashion and retail industry’s landscape is dotted with towering figures, their names synonymous with success and unimaginable wealth. From luxury titans like Bernard Arnault to fast-fashion kingpins like Amancio Ortega, their journeys and strategies offer valuable insights into the intricate workings of this dynamic sector…
• Sankey Prasad Appointed CMD Colliers India & CMD Colliers Project Leaders Middle East
  25 Jan 2024, rprealtyplus.com
  ​Global diversified professional services and investment management company, Collier, announced that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East…
• DLF’s net profit up 26.60% in Q3 FY24
  25 Jan 2024, realty.economictimes.indiatimes.com
  ​DLF’s net consolidated total income stood at Rs 1,643.51 crore in Q3 FY24, a growth of 5.38 per cent from Rs 1,559.66 crore it recorded in the similar quarter last year…
• Kolte-Patil Developers’ net loss widens to Rs 63.04 crore in Q3 FY24
  25 Jan 2024, realty.economictimes.indiatimes.com
  ​Kolte-Patil Developers’ net consolidated total income stood at Rs 83.70 crore in Q3 FY24, a dip of 77.65 per cent from Rs 374.46 crore it recorded in the similar quarter last year…
• Good Glamm cofounder Priyanka Gill to join Kalaari Capital as venture partner
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​Gill will also join the board of Good Glamm and become the chairperson of Good Media Co that runs the group’s digital media business, the company said in a news release…
• OnePlus to double investments for retail expansion; open 200 stores in 2024
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​Sharing the company’s renewed focus on retail strategy, Ranjeet Singh, Director of Sales, OnePlus India said that the retailer has set an ambitious target of opening over 200 stores in 2024. He added that the company is eyeing over 150 cities to open these new stores to increase its market penetration into tier 2 and 3 cities…
• Retail sector leasing increases 47% YoY in 2023
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​​​Demand for retail spaces in recently completed malls played a significant role in shaping the overall retail space occupancy in 2023, and nearly 30 per cent share in total absorption was led by primary leasing in these malls. During the year, the retail sector in India witnessed a surge in leasing activity, with Mumbai and Pune recording 5-year high leasing at 1.0 and 0.8 million sq ft, respectively. Bangalore, Ahmedabad, Delhi-NCR, Ahmedabad, Kolkata and Hyderabad witnessed steady leasing activity, the CBRE report stated…
• Excitement builds as top retail leaders take centre stage at GIRS’24
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​In a candid fireside chat, restaurant maestro Zorawar Kalra, MD, Massive Restaurants will share his recipe for deciphering consumer behaviour for building a flourishing food business…
• Budget 2024: The jewellery industry expects budget to foster growth, promote consumer spending & secure global competitiveness
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​The jewellery industry is also expecting an infrastructure boost which can ensure that raw materials are available at the most competitive prices and the availability of gold in the form of a gold loan at competitive pricing…
• Quick-commerce firm Zepto elevates Nikhil Mittal to chief technology officer
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​Mittal joined Zepto as its first employee more than two years ago, and has been associated with the company since then. His elevation comes after the Mumbai-based startup recently raised $31.25 million in a fresh funding round from existing investors such as Goodwater Capital and Nexus Venture Partners…
• Addition of global brands is unlocking value for Myntra: Nandita Sinha
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​The overall retail growth slowed to 6% in both March and April, increasing marginally to 9% in August and September before falling slightly to 7% in October and November, according to the Retailers Association of India. Myntra, however, said it outperformed the market. During FY23, the online retailer’s revenue rose 25% to Rs 4,375 crore from Rs 3,501 crore in the previous year…
• FNP appoints Paridhi Joshi as Assistant Vice President – Retail
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​In her new role, she will be overseeing category and merchandising operations and will optimize customer engagement strategies…
• Snitch appoints Mayur Ashtekar as its business development & offline expansion head
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​In his new role, Ashtekar will oversee Snitch’s retail business development, drive the company’s offline expansion and execute strategic plans for Snitch, read the release…
• India’s coffee exports fell 5.4% in 2023
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​According to the Coffee Board of India’s latest data, export of Robusta coffee bean declined 15 per cent to 1.87 lakh tonne in 2023, from 2.20 lakh tonne in the previous year…
• India Inc confident of achieving $5 trillion economy, says Deloitte in pre-Budget survey
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​India Inc is confident of achieving $5 trillion economy with government support in infrastructure investments, reforms, and technology adoption. Business leaders anticipate strong economic growth, with about 50% of India Inc optimistic about above 6.5% growth in FY25. Automotive, consumers and retail, technology, media, and telecommunication, and energy, resources, and industrials sectors anticipate high growth…
• AI and Blockchain are revolutionizing the beauty industry for enhanced business
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​This article delves deep into the ways AI and Blockchain are enhancing the beauty industry, fostering sales growth, and generating leads…
• AI computers to drive next replacement cycle in Indian PC market, says Asus Executive
  25 Jan 2024, retail.economictimes.indiatimes.com
  ​Taiwanese firm Asus plans to launch an AI-powered consumer notebook in India. India is the third-largest PC market globally, but there is a significant gap between India and China. Following the government’s implementation of the revised production-linked incentive (PLI) scheme for IT hardware in 2023, Asus is increasing its local production in India…
• Demand for spaces in malls pushed retail leasing to all-time high in 2023
  25 Jan 2024, business-standard.com
  ​In 2023, the retail sector in India recorded an all-time high leasing of 7.1 million square feet across the top eight cities in India, 47 per cent higher than in 2022, according to a report released on Wednesday…
• The Pant Project Expands Retail Presence in India, Embraces Omnichannel Strategy
  25 Jan 2024, indianretailer.com
  ​In a strategic move reflecting the evolving landscape of retail in India, The Pant Project, a digital-born brand founded in 2020, has opened its second physical retail store in Jayanagar, Bengaluru, in collaboration with Litestore…
• Accessorize London Elevates Retail Aesthetics with First Marble Concept Store
  25 Jan 2024, indianretailer.com
  ​In a pioneering move, Accessorize London unveils its inaugural Marble Concept Store in India at Phoenix Marketcity Kurla, signaling the brand’s venture into cutting-edge design trends…
• World Cancer Day and the Retail Industry’s Role in Reducing Cancer Risk – A Deeper Dive
  25 Jan 2024, indianretailer.com
  ​As we continue exploring the crucial intersection between sustainability and cancer prevention, let’s delve deeper into each point outlined in the previous section, revealing the intricacies and practical steps retailers can take to make a measurable difference…
• Puravankara Reports 45% Rise In Revenue For Q3 FY24
  24 Jan 2024, rprealtyplus.com
  ​Puravankara Limited, one of India’s most trusted and admired real estate players, announced its financial results today for the third quarter (Q3FY24) ending December 31, 2023…
• Godfather beer maker DeVANS eyeing Rs 1,500 crore gross sales in FY25
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​The manufacturer of beer brands like Godfather, Six Fields, and Kotsberg, DeVANS currently has two breweries – one each in Rajasthan and Jammu. It has increased its production capacity through production tie-ups in Arunachal Pradesh and Jharkhand, and recently tied up with Vairagi Brewery in UP’s Barabanki, further enhancing its production capacity by 24,000 KL, amounting to 2 million cases per year Uttar Pradesh…
• ETRetail GIRS: Going Phygital | Shriti Malhotra, Group CEO, Quest Retail – The Body Shop
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​Going Phygital: In this episode, before our event The Great India Retail Summit (GIRS) 2024, our special guest, Shriti Malhotra, Group CEO, Quest Retail – The Body Shop, shares deep industry insights with ETRetail’s Anurag Sharma and discusses the emerging trends that are shaping the beauty industry…
• United Spirits Q3 net profit surges 63.5% to Rs 350.2 cr
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​USL CEO and MD Hina Nagarajan said: “We have delivered a resilient quarter in a challenging macro environment. While the sequential demand momentum was relatively muted, reassuringly, the premiumisation trend continues”…
• Ashish Pandey joins Dabur India as Global CIO
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​Pandey was most recently the CDTO of GSK Consumer Healthcare where he was responsible for the complete digital, and technology function in India Sub Continent. He held this position for over six years…
• Ashish Pandey joins Dabur India as Global CIO
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​Pandey was most recently the CDTO of GSK Consumer Healthcare where he was responsible for the complete digital, and technology function in India Sub Continent. He held this position for over six years…
• Retailers go easy on expansion as slowing consumption bites
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​India’s top retailers, including Reliance Retail, Titan Company, Avenue Supermarts, V-Mart Retail, and Shoppers Stop, have slowed down their store expansion this fiscal year. The slowdown is attributed to a focus on profitability and a saturated market with limited room for new outlets. Jefferies reported that Reliance Retail has reduced retail business capex and store additions have decreased…
• Havells Q3 net profit inches up 1.5 pc at Rs 287.9 cr
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​Its revenue from operations increased 6.93 per cent to Rs 4,413.86 crore during the period under review. It was Rs 4,127.57 crore in the corresponding quarter last fiscal…
• Online retailer Boohoo names former Zoopla executive Stephen Morana as new CFO
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​Confirming that trading was in line with market expectations, Boohoo said that McCabe’s departure was “by mutual agreement and with immediate effect”…..
• Ram-splendent: Idol sparkles with crores worth of gold, gemstone jewellery
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​132 craftsmen worked tirelessly to create a stunning jewellery collection for the main idol of Ram Lalla. The collection features 14 pieces, including a mukut, tilak, emerald ring, ruby ring, and various necklaces and bracelets. It is adorned with 18,567 diamonds, 2,984 rubies, 615 emeralds, and 439 uncut diamonds, all ethically sourced and certified by the International Gemological Institute…
• Samsung targets premium users
  24 Jan 2024, livemint.com
  ​Samsung India to focus on the upper spectrum of premium customers with its first online-to-offline store in Mumbai, spanning 8,000 sq. ft and featuring all of the electronics major’s products under one roof, as it aims to increase its sales from the offline market…
• Pride Hotels Group Sets the Tone for Sustainable Hospitality with In-House Bottling Plant
  24 Jan 2024, indianretailer.com
  ​In a groundbreaking move towards environmental responsibility, Pride Hotels Group has achieved a noteworthy milestone by inaugurating its first in-house bottling plant at Pride Plaza Hotel Aerocity, New Delhi…
• The Brick-and-Mortar Renaissance: From Shelves to Stages in the Age of Online Shopping
  24 Jan 2024, indianretailer.com
  ​Remember the dire pronouncements of e-commerce’s prophets? The brick-and-mortar obituary scribbled on napkins, the elegiac pronouncements about the slow, inevitable fade of physical stores? Well, hold onto your..
• Q3 FY24 Corporate Showdown: Winners & Losers Emerge Among Indian Industry Titans
  24 Jan 2024, retail.economictimes.indiatimes.com
  ​In the third quarter of fiscal year 2023-24, major Indian corporations from diverse sectors have unveiled their financial performances, offering a fascinating tapestry of strategies and strengths…
• Q3 FY24 Corporate Showdown: Winners & Losers Emerge Among Indian Industry Titans
  24 Jan 2024, indianretailer.com
  ​In the third quarter of fiscal year 2023-24, major Indian corporations from diverse sectors have unveiled their financial performances, offering a fascinating tapestry of strategies and strengths…
• The Thriving Future of Local Retail in 2024
  24 Jan 2024, indianretailer.com
  ​For decades, the narrative surrounding retail painted a bleak picture for local businesses. The rise of megastores and the convenience of online shopping seemed to spell doom for quaint shops and bustling marketplaces…
• Oberoi Realty’s net profit dips 48.74% in Q3 FY24
  23 Jan 2024, realty.economictimes.indiatimes.com
  ​Oberoi Realty’s consolidated total income stood at Rs 1,082.85 crore in Q3 FY24, a dip of 34.43 per cent from Rs 1,651.50 crore it recorded in the similar quarter last year…
• Gulshan Homz buys 2.5-acre land in Noida for Rs 150 crore
  23 Jan 2024, realty.economictimes.indiatimes.com
  ​The company, which has another commercial project in the same sector, plans to develop one million square feet there…
• Udaan announces senior-level organizational changes as Group CFO Aditya Pande exits
  23 Jan 2024, retail.economictimes.indiatimes.com
  ​As Aditya Pande transitions, the foundation laid during his tenure will enable udaan to tap future growth opportunities, capitalize on scale, and leverage cost synergies. ​These changes are in line with the company’s commitment to drive profitable growth and continue strengthening core capabilities while driving efficiency with excellence agenda, the company said in a statement…
• ​​Colgate-Palmolive net profit rises 35.7% to Rs 330.11 crore in Q3 FY24
  23 Jan 2024, retail.economictimes.indiatimes.com
  ​Prabha Narasimhan, managing director and CEO of Colgate Palmolive said, “Our current performance underscores the effectiveness of our strategy, focus on technology, securing the right talent, and efforts in governance and cost management. These initiatives have yielded consistent growth for the company, with our toothpaste segment achieving double-digit growth and positive volume expansion.”..
• Ayodhya Ram Mandir: Q-commerce, food delivery cos customise to deliver spiritual bliss
  23 Jan 2024, retail.economictimes.indiatimes.com
  ​Q-commerce majors Zepto, Swiggy Instamart and Blinkit have added categories such as ‘Ram Mandir Inauguration’, ‘Light Up Your Pooja Corner’, and ‘Light Up & Celebrate’ on their respective applications to lure customers…
• Ludhiana’s hosiery players stare at losses due to weak demand, lack of repeat orders for winter wear
  23 Jan 2024, retail.economictimes.indiatimes.com
  ​Hosiery goods manufacturers also blame dumping of China-made winter wear items, available at much lower prices, for adding to their woes…
• Indian FMCG sector is stronger than in the rest of the world
  23 Jan 2024, thehindubusinessline.com
  ​FMCG is still the largest spender on advertising in India by a distance, and advertising is the lifeblood of the FMCG industry, says Sudhir Sitapati..
• Coffee prices rise at faster pace on growing demand, unseasonal rains
  23 Jan 2024, retail.economictimes.indiatimes.com
  ​The increase in coffee prices has accelerated due to factors like unseasonal rainfall, a labor shortage, and growing demand, particularly among urban youth after the COVID-19 pandemic, according to experts. The unseasonal rainfall has caused damage to coffee crops, and a shortage of labor has slowed down the harvest process…
• Cloud kitchens or restos, no non-veg on the menu today
  23 Jan 2024, retail.economictimes.indiatimes.com
  ​“Restaurants across the state have taken a unanimous decision to serve only vegetarian food on Monday. We must honour the government’s order. After all, it’s such a huge event that is being organised in Ayodhya,” said Varun Khera, who heads the National Restaurant Association of India in UP…
• Industrial & logistics space demand hit record in 2023 at 38.8 mn sq ft in 8 cities: CBRE
  23 Jan 2024, retail.economictimes.indiatimes.com
  ​Demand for industrial and logistics spaces in major Indian cities reached an all-time high in 2023, with leasing activity growing by 8%. CBRE’s latest report highlights the rise in leasing of industrial and logistics spaces, driven by demand from third-party logistics (3PL) companies. The report also emphasizes the influence of 3PL players, who accounted for 45% of the leasing activity. Rental values in prominent micro-markets across cities witnessed an annual rise, except in Kolkata…
• Good Glamm Group inks three-year exclusive brand partnership deal with Dharma Productions
  23 Jan 2024, retail.economictimes.indiatimes.com
  ​Direct-to-consumer company Good Glamm Group partners exclusively with Dharma Productions for three years. Good Glamm’s beauty brands will be featured in movie and OTT placements. The partnership aims to build long-term brand platforms and promote movies through Good Glamm’s brand assets. Good Glamm is in talks with other production houses and studios for similar deals. The company plans to achieve profitability in the next two quarters and aims for a successful IPO by Diwali 2025…
• Retail India News: PMJ Jewels Elevates Khammam’s Jewellery Scene with New Store
  23 Jan 2024, indianretailer.com
  ​PMJ Jewels has inaugurated its latest store in Khammam. The inaugural event was graced by Mallu Nandini, wife of Hon’ble Deputy CM, Mallu Bhatti Vikramarka, as the chief guest, and P Neeraja, Mayor, KMC, as the guest of honor…
• Ram Mandir Fervour: Ornaments Inspired by Lord Ram Sweeps the Nation
  23 Jan 2024, indianretailer.com
  ​Jewelry brands across the country are experiencing a surge in the purchase of gold and silver ornaments inspired by Lord Ram and the Ramayana. From Ram Temple coins to Ramayana-inspired jewelry, the increase in demand is expected to continue for the next few weeks…
• A Consumer Renaissance Beckons in 2024
  23 Jan 2024, indianretailer.com
  ​As the sun sets on a pandemic-clouded era, the retail and consumer landscape shimmers with the promise of a resplendent resurgence in 2024…
• The Fall of a Retail Giant: Future Retail Heads for Liquidation
  23 Jan 2024, retail.economictimes.indiatimes.com
  ​Future Retail, once a beacon in India’s retail landscape, stands on the precipice of liquidation. This isn’t just the story of a company’s downfall; it’s a saga of missed opportunities, changing landscapes, and the brutal realities of India’s complex retail ecosystem…
• The Healing Power of Retail Therapy: Insights and Impacts in the Retail Industry
  22 Jan 2024, indianretailer.com
  ​In our fast-paced world, stress has become a ubiquitous part of everyday life. Amidst the chaos, a unique form of solace has emerged: retail therapy…
• The Revolution of Billing Software in Retail Shops
  22 Jan 2024, indianretailer.com
  ​In the ever-evolving landscape of retail business, the advent and advancement of billing software have played a pivotal role in transforming operations…
• The Evolution of Shopping Centre Design and Architecture
  22 Jan 2024, indianretailer.com
  ​The retail landscape has experienced a remarkable metamorphosis, transitioning from simple marketplaces to majestic shopping centres that are now prominent features of urban skylines globally…
• Fortifying Retail Data Security in the Digital Age of 2024
  22 Jan 2024, indianretailercom
  ​Imagine strolling through a bustling marketplace, not just browsing goods but surrendering a digital treasure chest – your personal information. In the digital age, retail thrives on data, amassing details from purchase histories to browsing habits…
• From Storefronts to Screens: Navigating the Retail Gig Economy in 2024
  22 Jan 2024, indianretailer.com
  ​The retail landscape is undergoing a tectonic shift, driven by a confluence of technological advancements, evolving consumer preferences, and a post-pandemic world grappling with redefined priorities…
• The Role of Supply Chain in Perfecting the Omnichannel Retail Strategy
  22 Jan 2024, indianretailer.com
  ​Picture a homeowner eager to spruce up their backyard with new patio furniture. Preferring to shop online, they scroll through options from different home improvement stores on the web and compare products…
• How the Second-Hand Market is Reinventing Retail in 2024
  22 Jan 2024, indianretailer.com
  ​Forget dusty attics and rummage sales. The second-hand market is undergoing a dramatic makeover, shedding its flea-market skin and strutting into the spotlight as a vibrant, booming force reshaping the retail landscape of 2024…
• How Sustainability Sprouts in Retail 2024 and Beyond
  22 Jan 2024, indianretailer.com
  ​Imagine a world where shopping isn’t just about acquiring treasures, but about nurturing the planet itself. Where aisles shimmer with eco-friendly products, packaging transforms into vibrant gardens, and every purchase whispers a promise of positive change…
• The Rise of Contactless Payments and Digital Wallets in Retail 2024
  22 Jan 2024, indianretailer.com
  ​Imagine strolling through a bustling marketplace, laden with baskets brimming with fresh produce and vibrant fabrics. The air buzzes with conversation, and the scent of spices dances in the sunlight…
• How Retail Analytics Transforms Strategy in 2024
  22 Jan 2024, indianretailer.com
  ​The year 2024 marks a critical inflection point in the retail landscape. The tides of change, fueled by e-commerce expansion, smart device ubiquity, and insatiable consumer demand for hyper-personalized experiences, are surging at an unprecedented rate…
• Business is booming in Ayodhya’s kirana stores
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​Kirana stores in Ayodhya have stocked up 32% more products compared to last year, anticipating increased demand from the Ram temple inauguration. In contrast, orders placed by mom-and-pop stores with FMCG companies in India remained flat. The inventory of summer products like beverages has increased by 60%, while chocolates, packaged food, and branded commodities have gone up by 23-52%. UP is the largest market for FMCG companies, and Ayodhya has the potential for growth similar to Tirupati. The demand is expected to be driven by tourists and devotees…
• Building beauty & digital capacities HUL’s top priority
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​”The beauty care market will grow exponentially and create way more value in the decades to come if its per capita consumption is anywhere near even Southeast Asia, forget China. So the primary motive for doing this is to create the focus and specialisation for different competitive sets. Some of them are indeed digital, but digitalisation is more secural and more pervasive, not just to do with a specific segment of players,” Jawa told investors on an earnings call…
• Reliance Retail Q3 results: JioMart seller base jumps 3X YoY
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​For the third quarter, Reliance Retail posted a record-high revenue of Rs 83,063 crore, reporting a 22.8 per cent YOY jump. The retail giant’s net profit for the quarter stood at Rs 3,165 crore…
• P&G to recast ops to get more agile, speed up growth
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​The company may evaluate the possibility of having a more simplified operating structure that integrates portfolios and combines the heft of the supply chain with a leaner cost structure. This was internally announced on Thursday last week…
• Lite Bite Foods’ revenue doubled over the last 2 years, says CEO Ranjith Paliath
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​The company opened its 18th store of YouMee in Dlf CyberHub this month. On the sidelines of the launch, Paliath shared that Lite Bite Foods plans to double YouMee’s presence in the next 3-5 years…
• Jewellers come up with new collections to commemorate Ram temple consecration
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​Jewellery retailers in Kolkata are embracing the Ram Temple consecration, unveiling collections like Senco Gold & Diamonds’ ‘SiyaRam’ and Kalyan Jewellers’ ‘Nimah’. Capturing the essence of devotion, these designs commemorate Lord Ram and Sita’s coronation, blending heritage with contemporary flair in anticipation of the Ram Mandir inauguration…
• From gold jewellery to smartphones: Consumer appetite for premium products drives sales resurgence
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​In electronics, smartphone sales bounced back after five quarters of decline, driven by high sales of premium models such as Apple iPhones and Samsung Galaxy S23 series, and demand for large screens during the cricket world cup helped TV sales volume grow by 8-9% on year – up from 2% growth during January to September – last quarter, industry executives said…
• Ram Mandir: Demand for gold and silver Ram Mandir coins, statues shines
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​Jewellers in Uttar Pradesh are witnessing strong sales of Ram temple coins, Ram Darbar statues in gold and silver, and other related articles ahead of the consecration ceremony in Ayodhya. Ayodhya-based Rajan Jewellers reported a surge in the sale of gold coins with images of the Ram Mandir, from an average of five to 20-25 daily…
• House of Biryan to open 40 new locations in 18 months, says CEO Mohammed Bhol
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​House of Biryan plans an ambitious expansion with over 40 new locations in the next 18 months, fueled by a $1 million capital injection from investors like Softbank and Goldman Sachs…
• Bengaluru: Shops, commercial establishments asked to get Kannada signages by February 28
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​BBMP issues notices to shops, malls, and commercial establishments in Bengaluru to display Kannada language on signboards by February 28; authorities had previously set a deadline for 60% Kannada language on signboards; Chief Minister Siddaramaiah and Union Minister Pralhad Joshi appeal for compliance; protest rally turns violent resulting in vandalism; more than 50 Kannada activists arrested; establishments targeted include Starbucks, Third Wave, Toyota, House of Masaba, Forest Essentials, Theobroma; over 34,262 notices issued so far…
• Electronics exports grow at record 22 per cent in April-December
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​India’s electronics exports experienced a remarkable growth of 22.24%, surpassing the $20 billion mark in the first nine months of FY24. The surge was driven by the booming smartphone shipments, notably Apple’s iPhone. According to the India Cellular and Electronics Association (ICEA), mobile phone exports reached $10.5 billion during April to December 2023, constituting 52% of total electronics exports…
• India’s smartphone market sees 2% drop in 2023, shipped 148.6 mn units: Report
  22 Jan 2024, retail.economictimes.indiatimes.com
  ​India’s smartphone market has maintained stability with 148.6 million shipments overall in 2023, witnessing a minor drop of two per cent, a new report has said…
• NCR Realty Market Saw 46% YoY Expansion In Area Sold In FY23
  20 Jan 2024, rprealtyplus.com
  ​The National Capital Region (NCR) real estate market saw a significant 46% YoY expansion in area sold in FY2023, with total launches nearly doubling to 64 million square feet, says Rating Agency ICRA…
• Anant Raj raises Rs 500 crore via QIP
  20 Jan 2024, realty.economictimes.indiatimes.com
  ​Company will use part of the funds raised to bring down the debt and for working capital requirements, according to a source…
• Reliance Retail Q3 profit up 31.8% to Rs 3,165 cr; gross revenue at Rs 83,063 cr
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​The revenue from operations surged 23.75 per cent to Rs 74,373 crore in the December quarter of FY24. Gross revenue was up 22.83 per cent to Rs 83,063 crore. The retail arm of billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) posted a net profit of Rs 2,400 crore in the October-December quarter of FY2022-23, and its revenue from operations was Rs 67,623 crore…
• HUL net profit rises 1.08% to Rs 2,508 cr in Q3 FY24; sales down 0.35% to Rs 15,259 cr
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​On the Q3 FY24 results Rohit Jawa, CEO and managing director commented, “HUL has delivered another quarter of resilient performance with strong operating fundamentals amidst a challenging operating environment. Our focus on providing the right consumer value, excellence in execution, increased investments behind brands and capabilities, premiumisation and market development continues to serve us well. Looking forward we expect gradual recovery in market demand to continue aided by increased Government spending, recovery in winter crop sowing and better crop realization.”…
• Tata Consumer to raise Rs 6,500 crore to fund twin acquisitions
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​Following a board meeting, the company announced that it will raise funds through the issuance and allotment of commercial papers for an amount not exceeding Rs 3,500 crore, to be utilized for bridge funding to facilitate the payment of consideration for proposed acquisition of stakes in Capital Foods Private and Organic India…
• PepsiCo announces Jagrut Kotecha as new India chief
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​Jagrut Kotecha is appointed as the new India chief of PepsiCo India. Ahmed El Sheikh will move on from his role as CEO for the Middle East Business Unit. PepsiCo’s snacks business, which includes Lays and Doritos, declined in the quarter to September 2023. Kotecha, with extensive experience in snacks, is chosen to bolster PepsiCo India’s snacks business. Kotecha previously worked at Cadbury India…
• MamyPoko outpaces Pampers to become India’s top-selling diaper brand in FY23
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​Revenue of the Indian unit of Unicharm Corporation rose to Rs 3,612 crore in FY23, with the diaper segment accounting for 84%, or Rs 3,022 crore, according to its filing with the Registrar of Companies (RoC). In comparison, P&G’s diaper business clocked ?2,422 crore, or about 29% of its total business…
• Going forward, Asian Paints may need to revise margin guidance in Q4 and Q1: Amit Syngle
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​Amit Syngle, MD & CEO of Asian Paints, discusses the softening of prices and the volatility in crude oil. He mentions that the company’s PBT-AT margin guidance of 18-20% is a good target going forward, but it may need to be revised in Q4 and Q1. He also addresses concerns about increased competition and market share changes, stating that new entrants in the industry are unlikely to make a significant impact…
• Ecommerce clicks dip in December, triggering growth concerns
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​Across categories—from electronics and accessories to fashion and household items–there was a slowdown in December, a top industry executive said, adding the dip was steeper than usual after a festive month. The ongoing Republic Day sales, however, have brought some respite to online shopping platforms, with a spike in consumption demand as per early trends…
• Senco becomes first Indian jewellery brand to join ONDC Network
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​Kolkata-based jewellery brand, Senco Gold & Diamonds, made a significant announcement on Friday. They proudly revealed that they have become the first Indian jewellery brand to join the Open Network for Digital Commerce (ONDC) Network. This integration marks a crucial step for Senco Gold and Diamonds, as it will now make their extensive catalogue accessible on multiple shopping apps within the growing ONDC Network…
• Michael Burke named LVMH Fashion Group chairman and CEO
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​Burke – chairman and CEO Bernard Arnault’s longest-serving lieutenant – replaces long-time Fashion Group head Sidney Toledano, who was named advisor to Arnault and will exit the company’s executive committee. Burke, 66, was CEO of LVMH’s biggest label Louis Vuitton until a year ago, headed labels Fendi and Bulgari and served as chairman of the board of Tiffany, LVMH’s largest acquisition…
• Birkenstock Q4 Results: Company beats revenue expectations on strong demand
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​Birkenstock beat analysts’ expectations for fourth-quarter sales and forecast annual revenue above estimates on Thursday, in the German luxury sandal maker’s first results since going public, betting on higher pricing and strong demand…
• Cycle of local players entering market almost over, says HUL’s Rohit Jawa
  20 Jan 2024, moneycontrol.com
  ​The cycle of local players returning to the market is over by and large, said Rohit Jawa, chief executive officer of Hindustan Unilever (HUL) on January 19…
• IMAX posts record India box-office earnings in 2023
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​IMAX Corporation, headquartered in Canada, achieved its highest box-office earnings in India in 2023, generating $23.1 million from both Hollywood and Indian films. This success was attributed to an increase in admissions and ticket pricing. The box-office collections for Indian titles amounted to $6.46 million, and IMAX helped Indian films collect $15.74 million in global box-office receipts…
• Indian dairy firm Hatsun Agro’s Q3 profit rises 24%, slowest in three quarters
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​HATSUN-AGRO-Indian dairy firm Hatsun Agro’s Q3 profit rises 24%, slowest in three quarters..
• How Mukesh Ambani & Family are navigating change at India’s biggest firm
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​The past year has marked RIL’s foray into finance and its plan to dominate the media and entertainment as it heads towards merging its media business with Walt Disney. It is already India’s largest retail and digital player. As India is on track to become the world’s third-largest economy, RIL Chairman Mukesh Ambani believes his company too can rise globally to be among the top 10 global conglomerates. This rise will come from the transformation of the company through digital, retail and green energy businesses…
• Deal values in India plunge to $66 billion in 2023, investors cautious, reports Grant Thornton
  20 Jan 2024, livemint.com
  ​There was a significant drop in deal values in India for the year 2023, reaching $66 billion, marking a decrease of over 50 percent, a recent report from consultancy firm Grant Thornton Bharat found…
• WoodenStreet Expands Retail Footprint with 7th Store in Hyderabad
  20 Jan 2024, indianretailer.com
  ​In a strategic move to cater to the escalating demand for quality furniture, WoodenStreet, a prominent player in the furniture industry celebrated for its inventive designs, proudly unveils its 7th store in Hyderabad…
• Expanding Horizons: Merchandising, a Way to Revive Esports Retail Market in India
  20 Jan 2024, indianretailer.com
  ​During and after the COVID era, it was considered a golden period for the Indian gaming industry. However, one must not overlook how the growth of the Indian esports industry struggled to grow, causing financial challenges for esports team owners in the country…
• How the Second-Hand Market is Reinventing Retail in 2024
  20 Jan 2024, indianretailer.com
  ​Forget dusty attics and rummage sales. The second-hand market is undergoing a dramatic makeover, shedding its flea-market skin and strutting into the spotlight as a vibrant, booming force reshaping the retail landscape of 2024…
• How Blockchain Builds Trust in the Retail Maze of 2024
  20 Jan 2024, indianretailer.com
  ​Imagine navigating a bustling marketplace, not just sifting through products, but peering into their provenance, witnessing their journey from field to shelf with unflinching clarity…
• How Sustainability Sprouts in Retail 2024 and Beyond
  20 Jan 2024, indianretailer.com
  ​Imagine a world where shopping isn’t just about acquiring treasures, but about nurturing the planet itself. Where aisles shimmer with eco-friendly products, packaging transforms into vibrant gardens, and every purchase whispers a promise of positive change…
• The Rise of Contactless Payments and Digital Wallets in Retail 2024
  20 Jan 2024, indianretailer.com
  ​Imagine strolling through a bustling marketplace, laden with baskets brimming with fresh produce and vibrant fabrics. The air buzzes with conversation, and the scent of spices dances in the sunlight…
• How Retail Analytics Transforms Strategy in 2024
  20 Jan 2024, indianretailer.com
  ​The year 2024 marks a critical inflection point in the retail landscape. The tides of change, fueled by e-commerce expansion, smart device ubiquity, and insatiable consumer demand for hyper-personalized experiences, are surging at an unprecedented rate…
• How Avishek Bambi Das Guided Mumbai Duty Free to Whopping Double-Digit Growth!
  20 Jan 2024, indianretailer.com
  ​In a world where the duty-free retail market is skyrocketing at a dizzying CAGR of 20.47 percent, Mumbai Duty Free emerges as the undisputed rockstar, riding the waves of India’s travel retail market that is set to hit $1.3 billion in revenue this year!…
• Shah Rukh Khan Partners with Tide in a Stain-Removal Saga
  20 Jan 2024, indianretailer.com
  ​In a strategic move that blends Bollywood glamour with laundry excellence, Tide has unveiled its latest innovation: the NEW and IMPROVED Tide with boosted magnets, designed to conquer deep-seated stains like tea, coffee, oils, and gravy…
• Senco Gold and Diamonds Honors Spiritual Heritage with SiyaRam Collection
  20 Jan 2024, indianretailer.com
  ​Senco Gold and Diamonds has introduced the special ‘SiyaRam Collection.’ This collection emerges as an artistic tribute coinciding with the inauguration of the Ram Mandir in Ayodhya on January 22. ..
• The Ethical Shopping Revolution and How Retailers are Adapting in 2024
  20 Jan 2024, indianretailer.com
  ​Gone are the days of mindless consumption solely driven by price tags and fleeting trends. Today’s shopper is more informed, more empowered, and more ethically conscious than ever before…
• Charting the Trajectory: India’s E-Retail Market Poised to Soar Beyond $160 Billion by 2028
  20 Jan 2024, indianretailer.com
  ​India’s e-retail market is estimated to scale to $57–$60 billion in 2023, adding $8–$12 billion annually since 2020. The market is estimated to grow by 17–20 percent from 2022 to 2023, which is slower than the 25–30 percent historic growth rate…
• Embracing the Edge: Key AI and ML Trends Reshaping 2024
  20 Jan 2024, retail.economictimes.indiatimes.com
  ​The dawn of 2024 has brought with it an unparalleled evolution in the realms of Artificial Intelligence (AI) and Machine Learning (ML). These technologies, once nascent and experimental, have now firmly entrenched themselves as pivotal cornerstones in the tapestry of modern innovation…
• Land Acquisition Spree In 2023 With 97 Land Deals For 2707+ Acres
  19 Jan 2024, rprealtyplus.com
  ​The land acquisition spree of financially strong developers and entities continues, and 2023 was a stand-out year with several land deals closed…
• Shoppers Stop’s net profit declines 41.2% to Rs 36.85 crore in Q3 FY24
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​Shoppers Stop’s total income increased 6.8 per cent year-on-year to Rs 1,240.88 crore in Q3 FY24 as compared to Rs 1,161.44 crore in the corresponding quarter of the last year, according to a regulatory filing…
• Metro Brands’ net profit declines 12.6% to Rs 98.78 crore in Q3 FY24
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​Metro Brands’ revenue from operations increased 6.14 per cent to Rs 635.50 crore during the quarter (Q3 FY24) under review against Rs 598.71 crore in the year-ago period. MBL’s total expenses rose 11.77 per cent to Rs 515.53 crore in the December quarter…
• ETRetailGIRS : What’s Next for Mall | V Muhammad Ali, CEO, Forum Malls, Prestige Group
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​V Muhammad Ali, CEO of Forum Malls, Prestige Group on the how food and FEC have become the crowd-puller for the malls…
• Bharat brand of products: Franchise route for govt retail stores on the cards
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​Last month the government opened its first two stores at Delhi’s Rajiv Chowk metro station, to tap into the high footfall it receives. These are owned by the National Cooperative Consumers’ Federation of India (NCCF), which procures agricultural commodities like food grains, pulses, spices, oil seeds, onions and other consumer goods on behalf of the government and sells to consumers at reasonable rates…
• With AI, smartphone will become even smarter: JB Park, president and CEO, Samsung Southwest Asia
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​India is the most strategic market for Samsung. Smartphone or consumer electronics penetration is still not 100%. So that is going to be the number one priority-how do we reach out to consumers who still do not have a refrigerator or TV or washing machine. The mobile phone is almost penetrated at 85%, I believe, but it will evolve in a different direction where premiumisation will kick in, a mass of under-₹15,000 users will now migrate up to ₹25,000, then ₹40,000 price point, says JB Park. ..
• Gem and jewellery exports face downturn: FY24 witnesses 20.78% YoY drop amid global economic challenges
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​Gem and jewellery exports in FY24’s April-December plunged by 20.78% YoY to USD 22.7 billion, attributing the decline to global economic challenges and geopolitical factors. The import of gems and jewellery also saw a 22.43% YoY decrease. Notably, rough diamonds imports fell by 23.51%, while cut and polished diamond exports declined by 28.27%. Lab-grown diamonds, previously on the rise, experienced a 22.97% dip in gross exports. Despite the current setback, industry experts, including Colin Shah of Kama Jewelry, anticipate a gradual recovery from the 3rd quarter of FY25…
• Deepika Padukone’s 82°E to focus on category, channel expansion
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​Sharing the company’s plan of action for 2024, Shah said, “We are seeing growth in 2024 happening across 3 areas – adding more products, channel expansion, both online and offline, and geography expansion, globally.”.
• Bharat-focused e-commerce platform BuyEazzy raises $4.25 million in Series A funding
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​BuyEazzy said the funds raised will be utilized to expand its presence to over 40 cities over the next 15 months, onboarding more than two million offline users, and continuing to disrupt the traditional supply chain in Bharat. “We will focus on southern states in the near future and eventually move to other parts of the country,” the company shared…
• IndiaMART InterMESH net profit drops 27.4% to Rs 81.82 crore in Q3 FY24
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​IndiaMART’s total income declined to Rs 346.88 crore in Q3 FY24 as compared to the total income of Rs 353.63 crore in Q3 FY23. Collections from customers grew to Rs 332 crore for the quarter and Deferred Revenue as of December 31, 2023 increased to Rs 1,270 Crore representing a YoY growth of 25%, as per the BSE filing…
• Jewellers join the temple run, with Mandir souvenirs
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​From gold and silver coins depicting the Ram Darbar to Ramayana-inspired jewellery and miniatures of the new temple complex in Ayodhya, several large brands are in the process of launching their spiritual collections over the next few weeks. Kalyan Jewellers, one of the largest gold retailers in the country, will be opening a store in Ayodhya early in February. This showroom will have silver and gold coins from 4 – 30 grams on which Lord Rama will be the main deity…
• Lee Cooper to end FY24 with net sales of over ₹600 crore in India
  19 Jan 2024, thehindubusinessline.com
  ​Lee Cooper India expects to end FY24 with net sales of over ₹600 crore on the back of high double-digit growth even as the apparel industry has been facing sluggish demand in recent times…
• Sunny summer sales forecast, hopes of heavy poll-time spending drive consumer companies to go big on production
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​Private weather forecaster Skymet has predicted a normal monsoon this year with the ongoing El Nino, which dragged monsoon rains in 2023 to below-normal levels, expected to get softened. Also, the monsoon-supporting La Nina, triggered by the cooling of the Pacific Ocean, is likely to evolve during the latter half of the season, it said…
• Daikin targets a turnover of Rs 100 crore from Northeast India in next fiscal year
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​The company has come with a new office in Guwahati. Kuldeepak Virmani, Senior Vice President & Executive Director, Daikin India who was in Guwahati on Thursday said, “We are doing turnover of Rs 50 Crore this year and we have target of making it to Rs 100 Crore in Northeast India. We see Northeast India as a potential market for Daikin, so we will continue to invest in developing the market with a view to secure market share”…
• India smartphone market remains stable in 2023 as shipments fall 2% to 148.6 mn units: Canalys
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​Samsung was the market leader in Q4 2023 with 7.6 million units shipped for a 20% share, whereas for the full year, it clocked shipments of 28.4 million units and a 19% share…
• Polycab India Q3 consolidated PAT rises 15% YoY to Rs 413 crore; revenue up 17%
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​Polycab India Q3 Results: Polycab India reported a double-digit growth in profit and revenue for Q3. Consolidated net profit rose 15.4% YoY to Rs 413 crore, while revenue from operations grew nearly 17% YoY to Rs 4,340 crore. EBITDA increased by 13% to Rs 569.20 crore. However, the operating margin shrunk by 44 basis points to 13.12%. Shares of Polycab India were trading 0.5% down at Rs 4,417…
• The Sleep Company appoints Gaurav Shah as CFO
  19 Jan 2024, retail.economictimes.indiatimes.com
  ​Commenting on the appointment, Priyanka Salot, co-founder, The Sleep Company said, “Gaurav’s appointment aligns with our vision for strategic and operational foresight. His financial leadership will play a crucial role in realizing our goals.”..
• India’s Thriving Recommerce Revolution
  19 Jan 2024, indianretailer.com
  ​India’s retail scene is experiencing a metamorphosis. While the allure of brand-new merchandise persists, a burgeoning trend is challenging the status quo: recommerce…
• India’s Retail Revolution: Tier II Cities Emerge as New Frontiers for Major Retail Brands
  19 Jan 2024, indianretailer.com
  ​The heartbeat of India’s retail sector is changing, and the rhythm resonates in the Tier II cities. This isn’t just a trend; it’s a dynamic shift, a retail revolution that speaks volumes about the evolving consumer landscape and the foresight of major retail players…
• Ayodhya Temple Run: Puja Samagri Takes a Big Bite Out of the Kirana Stores’ Pie
  19 Jan 2024, indianretailer.com
  ​The sacred land of Ayodhya, known for its deep-rooted cultural and religious significance, is on the brink of witnessing a historic event—the inauguration of the Ram Temple on January 22, 2024…
• JBL’s PartyBox Ultimate Debuts, Sets New Standard in Audio Space
  19 Jan 2024, indianretailer.com
  ​Setting the stage for a larger-than-life auditory spectacle, JBL unleashes its latest marvel, the JBL PartyBox Ultimate, promising a more significant, superior, and bolder sonic experience…
• From King of the Court to Lost in the Crowd: How Reebok Slipped Behind Adidas and Nike
  19 Jan 2024, indianretailer.com
  ​Reebok. The name once conjured images of iconic sneakers like the Freestyle and Pump, dominating the athletic scene and carving a niche in fashion…
• The Art of Allure: Attracting Affluent Shoppers in a Crowded Marketplace
  19 Jan 2024, indianretailer.com
  ​In the world of retail, the siren song of affluent shoppers rings loud and clear. Their discerning tastes, disposable income, and brand loyalty hold the promise of significant revenue and prestige…
• From Dorm Room Brainstorm to Unicorn Status: The Electrifying Journey of Zepto
  19 Jan 2024, indianretailer.com
  ​Zepto The name itself evokes a sense of speed, a blur of movement – and that’s precisely what this Indian quick commerce startup has redefined. In just two years, Zepto has gone from a twinkle in two young minds’ eyes to a billion-dollar behemoth, rewriting the grocery delivery game with its promise of 10-minute lightning deliveries…
• Pride of Cows’ Premium Ghee Elevates Ayodhya Ram Mandir Consecration
  19 Jan 2024, indianretailer.com
  ​In a cultural tapestry that weaves together tradition and modernity, Pride of Cows, the Single Origin Milk brand of Parag Milk Foods, has made a significant donation of premium ghee to The Tirumala Tirupati Devasthanams (TTD)…
• The Rise of Retail Giants: Upcoming Biggest Malls in India
  19 Jan 2024, indianretailer.com
  ​India’s retail landscape is witnessing a monumental shift, with colossal shopping malls emerging across the country. These behemoths aren’t just about retail therapy; they’re redefining the urban experience, integrating leisure, entertainment, and community spaces into their architectural tapestry…
• RAK Ceramics’ Pivotal Role in Ayodhya’s Ram Mandir Architectural Triumph
  19 Jan 2024, indianretailer.com
  ​In the realm of prestigious projects across India, RAK Ceramics has etched a storied history, leaving its mark on iconic landmarks such as the Kashi Vishwanath temple complex, the UP PWD project, and major airports in Lucknow, Chennai, Bangalore, and Delhi…
• Navigating the Retail Jungle: Unveiling the Differences Between Supermarkets and Department Stores
  19 Jan 2024, indianretailer.com
  ​In the bustling world of retail, two behemoths reign supreme: supermarkets and department stores. Both offering a plethora of products under one roof, they can, at first glance, appear interchangeable…
• Carat Crush’s ‘Daily Diamonds’ as Timeless Style Statements
  19 Jan 2024, indianretailer.com
  ​In a world inundated with transient trends, Carat Crush emerges as a beacon of enduring style, where each piece seamlessly integrates into daily life, transforming from a mere accessory to a statement of refined taste…
• Miraggio Plans Flagship Stores & Airport Presence in Strategic Offline Expansion
  19 Jan 2024, indianretailer.com
  ​Miraggio, a handbag brand, was founded with a clear mission – to provide modern, aspirational fashion to the youth at an affordable price. At the heart of the brand’s strategy is a customer-centric approach, constantly adapting to changing trends and prioritizing quality…
• Brand bazaar lights up road to Ayodhya
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​Companies like Coca-Cola, Reliance, ITC, and Emami are rushing to get maximum visibility for their products in Ayodhya, ahead of the Ram temple consecration on January 22. They are setting up coolers, signboards, vending machines, and branded gates in shops, dhabas, and parks. Coca-Cola has even changed its branding colors to match the temple theme. Dabur is tying up with dhabas to create activity zones and experience centers for pilgrims to sample their products…
• Cold wave heats up sales of winter products but it won’t be enough to push overall winter sales
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​Consumer goods companies report increased sales of winter products like moisturizer, lotion, honey, woolen apparel, geyser, and room heaters due to the recent cold wave. However, the late onset of the season and warm December have affected overall winter sales, which were previously down by 5-10% in December. ..
• Stanley Lifestyles eyes expansion in major metro cities with offline store model; targets Rs 550 crore revenue in FY25
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​”We cater to the premium-luxury segment, our products are priced on the higher side which is why we would like to stick to selling offline as it suits better to the customer. They also always like to come to the store to have a look and feel of the product before purchasing,” Stanley Lifestyles’ MD said…
• Reliance Retail brings international skincare brand Allies of Skin to India
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​Nicolas Travis, founder of Allies Group, which owns the brand Allies of Skin, stated that India’s expanding spending power and vast market potential present the business with numerous opportunities. Initially, the brand will concentrate on tier one cities, and once established, it will consider tier two and three locations. “We have a bullish outlook on India,” Travis continued…
• Speciality Restaurants reports 7.8% decline in net profit to Rs 14.17 crore in Q3 FY24
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​However, Speciality Restaurants’ total income increased to Rs 122.61 crore in Q3 FY24 as against the total income of Rs 105.57 in Q3 FY23. As per the BSE filing, its total expenses also rose to Rs 107.04 crore in Q3 FY24 as compared to Rs 90.89 crore in the same quarter last fiscal.​​​​​..
• Asian Paints tops Q3 profit view on strong decorative business
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​Consolidated net profit rose about 35% to 14.48 billion rupees ($174.15 million) in the quarter ended Dec. 31, it said in a filing, surpassing analysts’ expectations of 14.04 billion rupees on an average, as per LSEG data…
• Retailers in a fix as discounts fail to draw buyers
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​”There is definitely a stress in the mass value segment and everyone was expecting EOSS to provide much needed momentum to the sale. But the growth is tepid and we are hoping the summer will be better,” said Manish Kapoor, managing director of Pepe Jeans…
• Demand for silver idols & coins of Ram surges
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​“The demand has shot up in the city jewellery market to the extent that we have booked orders from Delhi, Mumbai, Kolkata, Meerut, Kanpur and Chennai. We have already sold items worth over Rs 5 crore,” said Dinesh Singh, president of Allahabad Jewellers Association…
• Uber cuts off Drizly, the alcohol delivery app it bought for $1.1 billion three years ago
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​In a prepared statement, Uber’s senior vice president of delivery Pierre Dimitri Gore-Coty said that the company decided to close Drizly’s business and “focus on our core Uber Eats strategy of helping consumers get almost anything – from food to groceries to alcohol – all on a single app.”..
• Ellementry sets sights on 80 stores in 3 yrs, bets on mfg to retail model
  18 Jan 2024, retail.economictimes.indiatimes.com
  ​While Ellementry is present in most leading e-commerce platforms like Amazon, Myntra, Nykaa, Tata Cliq among others and shop-in-shop stores, it wants to leverage the power and pull of physical stores to entrench itself against established brands like Fabindia, Home Centre, Good Earth, etc…
• Sunday Design Celebrates Fusion of Italian and Indian Elegance at Bengaluru Flagship Store Launch
  18 Jan 2024, indianretailer.com
  ​Sunday Design, the global furniture and home décor brand, celebrated the convergence of Italian and Indian design and craftsmanship in its newly launched flagship store in Bengaluru…
• Indian Consumers Move Towards Healthier Alternatives
  18 Jan 2024, indianretailer.com
  ​As India grapples with the alarming rise in lifestyle-induced health issues, the significance of adopting healthier dietary choices is becoming increasingly apparent…
• Mamaearth Hits Century Mark with Latest Mumbai Store Launch!
  18 Jan 2024, indianretailer.com
  ​In a glamorous affair at Mumbai’s lively R-City Mall, Mamaearth, the trailblazing brand under Honasa Consumer Limited, celebrated a milestone moment – the inauguration of its 100th Exclusive Brand Outlet (EBO)…
• From Red Carpet to Your Cart: Rocky Star’s Seamless E-commerce Evolution
  18 Jan 2024, indianretailer.com
  ​It is an enchanting realm, where fabrics weave dreams and style reigns supreme. In this fascinating world, one name stands out as the maestro who has orchestrated a symphony of glamour – Rocky Star…
• The Essence of Sophistication: Top Perfume Brands in India for Men
  18 Jan 2024, indianretailer.com
  ​In the contemporary world, perfumes are not just about scent; they are a statement of personality, style, and sophistication, particularly for men. India, with its rich heritage and rapidly evolving fashion sensibilities, has become..
• Shoppers Stop: Pioneering Retail Excellence in India
  18 Jan 2024, indianretailer.com
  ​Shoppers Stop, a household name in Indian retail, stands as a pioneer in modernizing India’s retail landscape. Established in 1991, this company has redefined shopping experiences, bringing a plethora of brands under one roof…
• Top 10 Water Parks in India
  18 Jan 2024, indianretailer.com
  ​The Indian summer sun blazes with an intensity that demands a refreshing antidote. What better way to escape the scorching heat than by plunging into a vibrant aquatic playground? Water parks across the country beckon with thrilling slides, lazy rivers, and wave pools, promising laughter, excitement, and memories that will last a lifetime…
• OmaxeThe Gap in India: Bridging a Changing Fashion Landscape
  18 Jan 2024, indianretailer.com
  ​The iconic blue box and casual cool apparel of Gap have long held a special place in the hearts of many around the world, including India. From its initial boom in the early 2000s to its recent comeback, Gap’s journey in India has been one of adaption, resilience, and a constant yearning to bridge the gap between its global identity and the evolving fashion landscape of the country…
• Davaindia to Expand Nationally in Response to India’s $40.19 Bn Retail Pharmacy Surge
  18 Jan 2024, indianretailer.com
  ​In a strategic move to capitalize on the projected $40.19 billion national retail market of India by 2030, growing at a robust 9.9 percent CAGR from 2022…
• Omaxe Group Timely Closure of Rs. 440 Cr Loan From Varde Partners
  17 Jan 2024, rprealtyplus.com
  ​Omaxe Group, India’s leading real estate development Group, announces the successful closure of the loan facility obtained by Omaxe Heritage Pvt. Ltd. from Varde Partners, much before its scheduled closure…
• Urban Square Mall Brings Largest Bowling Alley To Udaipur
  17 Jan 2024, rprealtyplus.com
  ​Urban Square Mall, the premium shopping and entertainment destination in Udaipur, welcomed another global brand, LED Game Zone, with the ‘Hey Dark’ -themed bowling alley…
• Nearly 35 Major Retail Brands Entered 14 Tier-II Cities In Jan-Sep’23
  17 Jan 2024, rprealtyplus.com
  ​CBRE South Asia Pvt. Ltd, India’s report highlights that nearly 35 major domestic and international retail brands entered 14 tier-II cities in the Jan-Sep’23 period…
• ACE Group Introduces ACE 153 Commercial Development In Noida
  17 Jan 2024, rprealtyplus.com
  ​ACE 153 by Realty major ACE Group, encompasses avant-garde office spaces, high-street retail, a dedicated F&B pavilion, and lifestyle amenities spread over 88,000 sq. m. at Sector-153…
• Nykaa’s lingerie brand Nykd hits Rs 100 cr revenue milestone
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​For its fashion arm, Nykaa includes 16 owned brands such as Twenty Dresses, Pipa Bella, RSVP, Nykd, Azai and more. Amongst these, Nykd, which positions itself in the mass-premium category, contributes the highest to the fashion business, Gupta stated…
• Deals in consumer, retail fell by a third in 2023, transaction value down 9% – Grant Thornton Bharat
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​The number of deals through mergers and acquisitions and private equity funding in the consumer sector dropped to 331 last calendar year from 514 a year earlier while the drop in value was 9% lower at $8.6billion against $9.3 billion largely led by ecommerce sector even as textiles, durables and retail sector saw higher deal count, said the report shared exclusively with ET. ..
• Mufti operator Credo Brands Marketing’s Q2 net profit rises 7.5% to Rs 27.9 crore
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​Kamal Khushlani, chairman and MD, Credo Brands Marketing Limited said, “Over the recent months, the retail sector experienced a slowdown owing to subdued consumer demand…
• Tata CLiQ Luxury forays into pre-owned category
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​Leading“We are elated to launch a new category with the ReLoved Store, a one-stop destination for vintage and pre-owned luxury products. It heralds a transformative shift in the dynamics of luxury consumption, fuelled predominantly by the conscientious choices of today’s discerning consumers,” said Gopal Asthana, CEO, Tata CLiQ Luxury…
• Titan Q3 Update: Company sees 22% revenue growth on strong all-round show
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​Titan added a total of 90 stores during the quarter, taking the group’s total presence to 2,949 stores. At the end of the September quarter, Titan had 2,859 stores…
• After Nepal and Bhutan, Pepperfry to Enter Middle East
  17 Jan 2024, indianretailer.com
  ​In the recent past, there has been significant growth in real estate businesses in Dubai, with a strong focus on targeting Indians as consumers. Pepperfry is preparing to enter the Middle Eastern markets after establishing its presence in neighboring countries such as Nepal and Bhutan…
• ColliersThe Unstoppable Rise of D2C Brands on National Start-Up Day
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​National Startup Day is a celebration of innovation, entrepreneurship, and the remarkable growth of startups in India. Among the dynamic players shaping this landscape are Direct-to-Consumer (D2C) brands, revolutionizing the retail industry…
• Indian Retail’s Wishlist for Budget 2024, Anticipating 900 Million Users and a 20 pc Boost
  17 Jan 2024, indianretailer.com
  ​The consumer industry in India stands at the threshold of a monumental transformation, poised to become the world’s third-largest by 2027. With a retail market projected to reach a staggering $1.41 trillion by 2026 and the…
• Gokyo Launches Women’s Trekking & Outdoor Apparel Crafted for Indian Women
  17 Jan 2024, indianretailer.com
  ​In a significant stride towards inclusivity and catering to the diverse needs of outdoor enthusiasts, Gokyo Outdoor Clothing and Gear has launched an exclusive women’s trekking pants and apparel collection tailored for the Indian women’s fit and the intrepid Indian women trekker and explorer…
• Tata CLiQ Luxury Launches the ReLoved Store for Authentic Pre-Owned Products
  17 Jan 2024, indianretailer.com
  ​Tata CLiQ Luxury, India’s premier luxury lifestyle platform, forays into the pre-owned category with the launch of the ReLoved Store by bringing onboard its first partner, Jay’s Watch Store…
• Circular Economy Vision: Coca-Cola and Reliance Retail Pilot PET Recycling in 36 Stores
  17 Jan 2024, indianretailer.com
  ​Coca-Cola India and Reliance Retail, India’s largest retailer, have jointly unveiled a sustainability initiative named “Bhool Na Jana, Plastic Bottle Lautana.”…
• Miniklub Expands Retail Footprint, Present Across 28 cities with over 65 Exclusive Brand Stores
  17 Jan 2024, indianretailer.com
  ​MiniKlub, India’s leading children’s clothing brand, joyfully announces the grand inauguration of its newest store in Mathura. This latest addition to the MiniKlub family reflects the brand’s dedication to delivering quality, style, and..
• Rannvijay Singh Achieves 10x Return on Burger Singh Investment Exit
  17 Jan 2024, indianretailer.com
  ​In a noteworthy financial triumph, renowned Indian television personality and astute investor Rannvijay Singh has recently realized a substantial 10x return on his partial divestment from the popular burger chain, Burger Singh. This strategic exit stands as a prominent success within Singh’s diverse investment portfolio, which spans various sectors, including food and beverage…
• ITC director David Robert Simpson resigns
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​David Robert Simpson was on the ITC board as a representative of Tobacco Manufacturers (India) Ltd, a subsidiary of British American Tobacco plc…
• Mother Dairy launches buffalo milk in Delhi-NCR at Rs 70/litre
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​In an interview with PTI on Tuesday, Mother Dairy Managing Director Manish Bandlish said, “We are launching buffalo milk at Rs 70 per litre. We are introducing this variant in Delhi-NCR.”..
• Cold wave drives winter products sales in north and east
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​Till about this cold wave, sales of winter products were muted and had degrown by 5-10% year-on-year in December. Even if the current surge may not wipe out the entire losses, industry executives expect some winter categories may eventually post flat sales…
• Tata CLiQ Luxury forays into pre-owned category
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​“We are elated to launch a new category with the ReLoved Store, a one-stop destination for vintage and pre-owned luxury products. It heralds a transformative shift in the dynamics of luxury consumption, fuelled predominantly by the conscientious choices of today’s discerning consumers,” said Gopal Asthana, CEO, Tata CLiQ Luxury…
• Apple snatches top slot in global smartphone market from Samsung in 2023
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​Apple became the leader of the global smartphone industry in 2023 for the first time, driven by an all-time high, 20.1 per cent market share for the company, a new report said on Tuesday…
• Smart wearable brand Fire-Boltt partners with Swiggy Instamart
  17 Jan 2024, retail.economictimes.indiatimes.com
  ​Fire-Boltt smartwatches products such as Quantum, Jewel, Rise, Solaris and others will be available to the customers under ‘Office and Electricals’ category on Swiggy Instamart…
• Ikea plans 20% price cut in India
  17 Jan 2024, financialexpress.com
  ​Home furnishing brand Ikea is planning to bring down prices in India for its products, Juvencio Maeztu, deputy CEO and CFO, Ingka Group, said on Tuesday…
• Leela Ambience Gurugram Welcomes Italian Culinary Maestro Carmine De
  17 Jan 2024, restaurant.indianretailer.com
  ​The Leela Ambience Gurugram Hotel & Residences has apponited Master Chef Carmine De Filippo from Italy…
• GOPIZZA Makes Entry into Tamil Nadu
  17 Jan 2024, restaurant.indianretailer.com
  ​The brand aims to establish outlets in Pune, Delhi, Mumbai, Ahmedabad, Kolkata, and other significant Tier 2 cities, including Chandigarh, Jodhpur, Jaipur, and Kochi, in the coming years…
• Conrad Pune Appointed Ramandeep Singh Kapur as Director of Operations
  17 Jan 2024, restaurant.indianretailer.com
  ​In this position, he showcased his proficiency in managing operations within a dynamic international airport setting, ensuring the delivery of exceptional services…
• Wow! Momo Foods Secures Rs 350 Crore Funding Boost from Khazanah
  17 Jan 2024, restaurant.indianretailer.com
  ​They are expected to allocate an estimated capital expenditure of Rs 5,800 crore, leveraging the growing affordability and heightened consumer demand for fast foods…
• Silvostyle by PNG Jewellers Signs Rasha Thadani as the New Face of the Brand
  17 Jan 2024, indianretailer.com
  ​Silvostyle by PNG has signed Rasha Thadani as the new face for its upcoming campaigns. The grand reveal of the latest campaign for the brand marks a significant moment in the brand’s journey, elevating its image to new heights of success. Incidentally, the brand is the very first in India to sign Rasha…
• Birdhichand Ghanshyamdas Unveils Exquisite Festive Jewelry Collection
  17 Jan 2024, indianretailer.com
  ​Birdhichand Ghanshyamdas Jewellers, a renowned name synonymous with opulence and timeless craftsmanship, proudly unveils their latest jewelry collection…
• Singapore Sneaker Retailer Limited Edt Opens First Overseas Store in India
  17 Jan 2024, rli.uk.com
  ​Singapore’s Limited Edt has opened its first-ever store in India, serving as the sneaker retailer’s debut overseas post…
• Colliers India Appoints Ravi Shankar As MD, Residential Transaction Services
  16 Jan 2024, rprealtyplus.com
  ​Leading diversified real estate professional services firm, Colliers India, ventures into the residential business…
• Ashwin Sheth Group Partners With Highbar Technocrat
  16 Jan 2024, rprealtyplus.com
  ​37 years of legacy in the business, Ashwin Sheth Group (ASG), a renowned brand name in the Indian real estate sector, is thrilled to announce the implementation of global technology leader, SAP S/4HANA along…
• Wow! Momo Foods raises Rs 350 crore in funding from Khazanah
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​The investment will be made through both primary infusion and secondary purchase from early-stage investors, Indian Angel Network and Lighthouse Funds. Existing investor Oaks Asset Management also infused an additional Rs 60 crore in this round…
• ETRetailGIRS: Emerging Brands of Bharat | Priyanka Salot, Co-Founder of The Sleep Company
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​Priyanka Salot, Co-Founder of The Sleep Company on essential do’s and don’ts in brand revolution…
• Barista to double its retail presence to 800 outlets in next 5 years
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​Currently, out of the 400 stores that the brand operates, 30 per cent are company-owned and the remaining 70 per cent are run by franchise partners. However, going ahead, it plans to take this ratio to 50:50…
• TCPL to tap pharma channels with Organic India, expand Capital Foods to oriental cuisine space
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​Combined with its own brand Sampann, under which it offers Indian food and spices, TCPL now aims to offer a wide gamut of the Indian culinary palate with Ching’s Secret, and Smith & Jones. “We now have the brands that were required to address the entire portfolio of the Indian consumer’s cuisines per se,” D’Souza told PTI…
• BSH Home Appliances to increase its localisation efforts to 75 pc by 2025
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​”We are eyeing a 3x growth by 2026 at the back of strengthening our localisation efforts,” Saif Khan, CEO, and MD – India, BSH Home Appliances said…
• Rise of gold consumption in India to continue: Somasundaram PR, regional CEO for India, WGC
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​India will continue to see a rise in gold consumption due to increasing prosperity within the middle class and growing awareness about the importance of gold in portfolios. The country needs to prepare for a surge in demand as it becomes more prosperous. While consumers may not fully understand how gold interacts with other assets, recent local and global events have demonstrated its resilience during times of uncertainty. ..
• Restaurants’ body seeks restoration of input tax credit, higher GST rate of 12 pc
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​The National Restaurant Association of India (NRAI) has called for the government to restore input tax credit to restaurants and increase the GST rate to 12% from the current 5%, ahead of the upcoming Union Budget. The association believes that balanced policies and regulations are needed to ensure a level playing field for restaurants, delivery partners, and consumers. ..
• Wholesale prices accelerate to 9-month high at 0.73% in December
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​India’s wholesale inflation increased to 0.73% in December, as per government data. The number rebounded in November after staying negative for seven months. Inflation for primary articles increased to 5.78%. Fuel and power and manufacturing sector contracted to -2.41% and -0.71% respectively…
• Luxmi Tea plans retail expansion, to step up presence in airports
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​”The retail and online channels of our tea sales are growing fast. Presently, online and retail constitute less than ten per cent of overall sales,” MD of Luxmi Tea Rudra Chatterjee said…
• Ram Mandir consecration to generate Rs 1 lakh crore worth of business: CAIT
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​Ram Mandir Inauguration: “This event not only resonates with religious sentiments but also brings a surge in economic activities. The faith and trust of people are leading to the creation of many new businesses based on the country’s traditional economic system,” Praveen Khandelwal, National Secretary General of CAIT, stated…
• 32 commercial establishments in Delhi get LG’s nod to operate 24/7
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​Out of the 32 approvals, seven have been granted to establishments that had applied for exemption for their women employees during night times. The exemptions have been given with foolproof assurances about the safety of employees by the establishments, the officials said…
• T.A.C appoints Sanjiv Gupta as its chief advisory and board member
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​“Mr. Gupta’s role is pivotal in our journey towards Mission 2030 to become the most loved Ayurveda company” said Param Bhargava, founder, T.A.C…
• Perfumery chain Douglas posts 8.3% higher quarterly net sales
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​Sales in the October-December period rose to around 1.56 billion euros ($1.71 billion) from 1.44 billion euros in its first quarter of fiscal year 2023/24. Store net sales were up 7.1% on the year, while its e-commerce business grew by 10.7% from the same quarter a year earlier…
• Hitachi’s Indian business expects to have $20 bln revenue by 2030
  16 Jan 2024, retail.economictimes.indiatimes.com
  ​Hitachi Energy India makes equipment such as transformers and circuit-breakers for energy transmission and railway components. The parts made in India are used across the world, such as in Hitachi’s projects in the U.S, Hitachi India’s managing director Bharat Kaushal said…
• Coca-Cola India joins forces with Reliance Retail for “Bhool Na Jana, Plastic Bottle Lautana” PET collection, recycling initiative
  16 Jan 2024, hindustantimes.com
  ​The initiative is set to expand to 200 Reliance Retail stores nationwide by 2025, with a goal of collecting 5,00,000 PET bottles annually during the pilot phase…
• Retail India News: Jaypore Unveils Mumbai Retail Expansion in Oberoi and R City Malls
  16 Jan 2024, indianretailer.com
  ​In a strategic move to further embed itself in the vibrant retail landscape of Mumbai, JAYPORE announces the grand opening of two new stores situated in Oberoi Mall and R City Mall…
• Kalyan Jewellers Unveils Expansion Plans with Three New Showrooms in Bihar
  16 Jan 2024, indianretailer.com
  ​Kalyan Jewellers has revealed its strategic move to launch three new showrooms in the state of Bihar. Scheduled to open in Buxar, Hajipur, and Purnia throughout January, these showrooms mark a deliberate effort by the brand to broaden its geographical presence beyond the Southern markets…
• Dwarka Welcomes a Transformed Jewelry Experience by Malabar Gold and Diamonds
  16 Jan 2024, indianretailer.com
  ​In a remarkable display of growth, Malabar Gold and Diamonds has rapidly expanded its global footprint, solidifying its status as the world’s 6th largest jewelry retailer….
• Foam Home India Partners with Technogel to Redefine Mattress Comfort
  16 Jan 2024, indianretailer.com
  ​The sleep industry in India is undergoing a transformative awakening, and leading the charge is Foam Home India, a prominent premium mattress brand…
• The Rise of Home Essentials: Key Takeaways from IKEA’s Life at Home Report 2023
  16 Jan 2024, indianretailer.com
  ​In a world that’s constantly evolving, so are our homes. As we step into 2024, Swedish home furnishings giant IKEA has come up with its 10th Life at Home Report, a treasure trove of insights into how Indians are crafting their domestic spaces, which will in turn dictate what will sell most in the home genre…
• Pidilite Industries Forges Global Leather Solutions Alliance with Syn-Bios
  16 Jan 2024, indianretailer.com
  ​In a strategic move towards enhancing the global footprint of Indian industrial prowess, Pidilite Industries Limited, a renowned manufacturer specializing in adhesives, sealants, and construction chemicals, has entered into a collaboration with Italy-based Syn-Bios, recognized for its groundbreaking research and global marketing initiatives in the leather tanning sector…
• Ayodhya Temple Inauguration Countdown: Lord Ram Writes Retail History as Brands Experience Record Sales
  16 Jan 2024, indianretailer.com
  ​From selling 3,000 units of pens in a regular season, Submarine Pens has witnessed the sale of 10,000 pens of Lord Rama’s theme in the last 15 days alone. The pen merchandise maker is all set to sell more than 20,000 units this month…
• Rasayanam Forges Partnership with Apna Chemist to Expand Holistic Wellness Reach
  16 Jan 2024, indianretailer.com
  ​Pioneering holistic wellness brand Rasayanam is making its foray into the retail market, initiating the journey with Apna Chemist, a medicine delivery company under Parsa Group, Genitech NSAN Pharmaceutical Private Limited…
• South Seas Distilleries Expands Single Malt Legacy with Crazy Cock Launch in Goa
  16 Jan 2024, indianretailer.com
  ​After a successful debut in Mumbai, South Seas Distilleries and Breweries Private Limited, one of India’s oldest malt whisky distilleries, is making a splash in Goa with the introduction of its single malt whisky, The Crazy Cock…
• Gokyo Sets a New Standard in Women’s Trekking Attire
  16 Jan 2024, indianretailer.com
  ​In a noteworthy move towards inclusivity and catering to the diverse needs of outdoor enthusiasts, Gokyo Outdoor Clothing and Gear has introduced an exclusive women’s trekking pants and apparel collection designed specifically for the Indian women’s fit and the intrepid Indian women trekker and explorer…
• Glamplus Bags Rs 16.5 cr in Pre-Series A Round to Elevate B2B Beauty Retail Tech
  16 Jan 2024, indianretailer.com
  ​SaaS-enabled B2B Beauty Marketplace, Glamplus, has successfully raised approximately ₹16.5 crore in a pre-series A funding round. Investors include Upsparks Capital, Eagle10 Ventures, ITI Growth Opportunities Fund, and Inflection…
• What Fashion Industry Expects from this Budget
  16 Jan 2024, irecwire.com
  ​As fashion brands grappled with challenges ranging from supply chain disruptions to fluctuating raw material prices, leaders from Madame, KAZO, and FS Life share their insights and expectations for government support in the upcoming budget…
• 2023 Roundup: McDonald’s India (W&S) top selling items – McAloo Tikki, McSpicy Chicken burger, Cold Coffee and Soft Serve
  16 Jan 2024, restaurant.indianretailer.com
  ​The limited-time offerings, such as KITKAT McFlurry and Minion-themed Banana Caramel McFlurry, also ranked among the top five products in 2022 and 2021…
• Foreign Investment In Real Estate Shrunk By 30% In 2023
  15 Jan 2024, rprealtyplus.com
  ​The share of foreign institutional investors in the real estate sector shrunk by 30 per cent to $2.733 billion in 2023 as against $3.926 billion in the previous year on account of the macroeconomic slowdown, says a report…
• Keystone Realtors sales bookings up 26% to Rs 1,423 crore in Apr-Dec 2023
  15 Jan 2024, realty.economictimes.indiatimes.com
  ​According to a regulatory filing earlier this week, the company’s sales bookings in volume terms rose 9 per cent to 0.82 million sq ft during the April-December period of this fiscal from 0.75 million sq ft in the year-ago period…
• Tata Consumer to fund two acquisitions with cash reserve, bridge financing
  15 Jan 2024, retail.economictimes.indiatimes.com
  ​Tata Consumer Products (TCPL) plans to finance the acquisitions of Capital Foods Ltd and Organic India Ltd, totaling an enterprise value of Rs 7,000 crore, through internal cash reserves and bridge financing, according to MD and CEO Sunil D’Souza. Emphasizing the growth potential in these areas, D’Souza mentioned that TCPL aims to strengthen its food and beverage portfolio organically and explore inorganic opportunities…
• Avenue Supermarts’ net profit rises 17% to Rs 690.41 crore in Q3 FY24
  15 Jan 2024, retail.economictimes.indiatimes.com
  ​DMart’s total revenue for the quarter ended December 31, 2023 rose to Rs 13,572 crore, as compared to Rs 11,569 crore in the same period last year. Neville Noronha, CEO and managing director, Avenue Supermarts Limited, said, “Contribution from general merchandise and apparel has stabilized and trends are encouraging post-Diwali. This time the festive season sales were lower than expected in Non-FMCG. Within FMCG, agri-staples (ex-edible oil) are going through significantly high inflation.”…
• Value growth hit in 2023, volumes fill consumer baskets
  15 Jan 2024, retail.economictimes.indiatimes.com
  ​For fast-moving consumer goods, a sharp price cut in edible oil dragged down value growth. A cooler summer and erratic rainfall impacted beverages and food, while rural markets stayed under pressure due to inflation. Value sales fell 4.5% during October-December, according to Bizom, which analyses data based on orders at nearly 7.5 million kirana stores…
• FMCG companies to add to ads after input cost subtractions
  15 Jan 2024, retail.economictimes.indiatimes.com
  ​Fast-moving consumer goods (FMCG) companies such as Dabur, Marico and Godrej Consumer Products said in investor notes that advertising, promotion and category development spending had gone up in the December quarter and some said it will increase further in the next few quarters…
• Malabar Gold & Diamonds all set to relaunch its store in Dwarka
  15 Jan 2024, retail.economictimes.indiatimes.com
  ​Malabar Gold & Diamonds is thrilled to announce the relaunch of its store in Dwarka on January 13, 2024. The revamped store, located at High Street, Ground Floor, Vegas Mall, Dwarka, promises a world-class jewellery shopping experience, boasting more space and more collections. By offering an extensive range of jewellery pieces at the best prices and fair making charges, the store aims to be the city’s ultimate jewellery shopping destination…
• Kalyan Jewellers to add 3 new showrooms in Bihar in Jan
  15 Jan 2024, retail.economictimes.indiatimes.com
  ​Currently, Kalyan Jewellers has its presence in key markets such as Patna, Arra, Kishanganj and Begusarai, to name a few and these three new showrooms will take up its store count in the state to 13…
• Losses hound beauty startups
  15 Jan 2024, financialexpress.com
  ​The fact that funding in such businesses fell to just $84 million in 2023 from $679 million in the previous year and a good $1 billion in 2021, as per Tracxn, suggests investors are treading cautiously…
• India electronics exports to US jump over two-fold to USD 6.6 bn in Jan-Sep 2023: ICEA
  15 Jan 2024, retail.economictimes.indiatimes.com
  ​India’s electronics exports to the US have more than doubled to $6.6 billion from January to September 2023, reaching an all-time high. The share of electronics imported from China into the US has decreased. The bilateral electronics trade between India and the US has also seen a significant increase. The Indo-US Task Force for Electronics aims to elevate India’s position in the US electronics market…
• Mars Wrigley India Appoints Nikhil Rao as Chief Marketing Officer
  15 Jan 2024, indianretailer.com
  ​Mars Wrigley India, a segment of Mars Incorporated specializing in chocolate and confectionery, has announced the appointment of Nikhil Rao as its new Chief Marketing Officer (CMO)…
• The Body Shop Achieves Global Milestone as First 100 pc Vegan Beauty Brand
  15 Jan 2024, indianretailer.com
  ​The Body Shop, a trailblazing British ethical beauty brand, marks a significant global milestone by becoming the world’s first beauty brand to achieve 100 percent vegan product formulations across skincare, body care, haircare, makeup, and fragrance…
• Navigating the Threads: A Reflection on the Textile Supply Chain in 2023 & Emerging Trends for 2024
  15 Jan 2024, indianretailer.com
  ​As we bid farewell to 2023, it’s time to unravel the complexities woven into the textile supply chain management over the past year. The industry has faced unprecedented challenges and undergone transformative changes, setting the stage for intriguing trends in 2024…
• How Artificial Intelligence is Revolutionizing the Fashion Industry: A Game-Changer in Design, Retail, and Customer Experience
  15 Jan 2024, indianretailer.com
  ​As an outcome of a seamless synergy between human intellect and technological prowess, Artificial Intelligence’s (AI’s) transformative influence extends across diverse sectors, with the fashion industry being no exception…
• Opium Eyewear Pays Tribute to Marvel’s Captain America with Sunglasses Range
  15 Jan 2024, indianretailer.com
  ​Opium Eyewear, under the umbrella of Eternity Lifestyles, introduces a captivating limited edition Marvel-inspired sunglasses collection, drawing inspiration from the iconic character, Captain America…
• UNIREC bags $190,000 in Seed Funding from BeyondSeed
  15 Jan 2024, indianretailer.com
  ​UNIREC, a pioneering sustainable brand in India specializing in clothing made from recycled PET bottles, has marked a pivotal moment in its eco-friendly journey by successfully concluding a seed funding round…
• The Fern Hotels and Resorts Appoints Seasoned Leaders to Strengthen Hospitality Footprint
  15 Jan 2024, indianretailer.com
  ​The Fern Hotels and Resorts have strategically appointed key professionals to senior management roles, reinforcing their esteemed properties in the retail hospitality sector across India…
• Migsun Group sells retail space in Delhi to Dmart for Rs 108 crore
  13 Jan 2024, realty.economictimes.indiatimes.com
  ​Dmart has bought the space at the project in sector 22, Rohini in Delhi, according to a statement. The retail space has been acquired for Rs 108 crore, the statement said…
• Tata Consumer to acquire Capital Foods for Rs 5,100 cr, Organic India for Rs 1,900 cr in all-cash deals
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​As per the filing, TCPL will acquire 75 per cent stake in Capital Foods at an enterprise value of Rs 5,100 crore and 100 per cent stake in Organic India, a food and beverages and herbal and traditional supplements brand for Rs 1,900 crore…
• HUL is one of Unilever’s strongest & largest operations: Unilever’s CEO Hein Schumacher
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​HUL accounts for more than 11% of Unilever’s global sales and its second biggest market after the US in terms of revenue. The maker of Rin detergent, Dove shampoo and Lux soap is also the market leader in most segments it operates in India with nearly 80% of its portfolio either gaining or retaining shares. As part of his market visits, Schumacher met several customers and top executives of Nykaa, Reliance Retail, pharmacy chain Wellness Forever and kirana stores…
• India’s retail inflation surges to a four-month high of 5.69 per cent in December
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​India’s retail inflation in December rose to 5.69 per cent, compared to 5.55 per cent in November, according to data released by the Ministry of Statistics & Programme Implementation on Friday. This increase remains within the Reserve Bank of India’s tolerance range of 2-6 per cent. On a month-on-month basis, the inflation rate contracted by (-)0.32 per cent…
• Temple frenzy gives 100 per cent lift to spiritual merchandise sales
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​Executives at ecommerce companies and general trade said sales of spiritual merchandise have increased two to three times compared with normal days, even as sellers such as Prabhu Bhakti, Ayodhyapati and HindK stores have flooded online platforms. Ecommerce platform Flipkart has listed T-shirts and flags for cars, bikes, cycles and windows printed with the words Jai Shree Ram, and images of the temple and Hanuman as “hot deals”. Rival Amazon shows Ram T-shirts as “trending”…
• ‘India’s leather and footwear industry to hit $47 billion by 2030’
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​This has been revealed in the vision document 2030 for leather & footwear industry released by the Council for Leather Exports (CLE), the export promotion council for leather, leather products, leather footwear, non-leather footwear and footwear components, functioning under Union ministry of commerce and industry in New Delhi on Wednesday…
• Mars Wrigley India appoints Nikhil Rao as CMO
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​In his new role, Rao will look over the marketing vision, and strategic initiatives and direct the execution of Mars Wrigley’s portfolio strategy in India, read the release…
• Bakingo inaugurates ‘super kitchen’ in Gurugram
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​Stretched to 27, 000 square feet, the kitchen will help the company introduce a new and wide range of products, read the release…
• Tesco raises profit outlook again after strong Christmas sales
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​Shares in the supermarket group, which has a near 28% share of Britain’s grocery market, were up 1% early on Thursday, extending gains over the last year to 23% after the company also said it had “great momentum” going into 2024…
• Ayodhya Ram Mandir: Delhi prepares to celebrate Diwali in over 100 big markets on the day of inauguration
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​Delhi is preparing to celebrate Diwali in over 100 major markets on the day of Ram Mandir’s inauguration on January 22. The Chamber of Trade and Industry (CTI) Chairman Brijesh Goyal and President Subhash Khandelwal announced special programmes in over 100 retail and wholesale markets, including a Bhandara in Kashmiri Gate, garlands in Kamla Nagar, and saffron flags in Khan Market…
• India’s ‘Affluent’ class to reach 100 million in three years, will boost premium goods sales
  13 Jan 2024, livemint.com
  ​Goldman Sachs Group Inc. has in a report released on January 12 forecast that India’s “affluent” class is set to reach 100 million in the next three years. This it says will lead to premium goods companies in the country faring better compared to broader competitors…
• PC makers bet on AI to rekindle sales
  13 Jan 2024, retail.economictimes.indiatimes.com
  ​PC and chipmakers including Advanced Micro Devices (AMD) and Intel are betting that the so-called “neural processing units” (NPUs) now found in the latest chip designs will encourage consumers to once again pay for higher-end laptops. Adding additional AI capabilities could help take market share from Apple…
• Barista Coffee Achieves Milestone with 400th Café in Delhi
  13 Jan 2024, indianretailer.com
  ​Barista Coffee has achieved a significant milestone by unveiling its 400th café at Rajiv Chowk Metro Station in Delhi. The strategic choice of Rajiv Chowk positions this opening as a noteworthy achievement for 2023, setting the stage for continued growth in 2024…
• Reliance Jewels Debuts Unique Spring Jewelry
  13 Jan 2024, indianretailer.com
  ​Reliance Jewels, renowned for its profound connection to India’s rich cultural heritage, is thrilled to introduce its latest collection as the auspicious spring season approaches…
• makeO Bags $16 mn in Funding Round for Geographical Expansion
  13 Jan 2024, indianretailer.com
  ​makeO has successfully raised $16 million (Rs 135 crore) in a funding round led by 360 ONE Asset and Ashish Kacholia’s investment office. Existing investors, including Eight Roads Ventures and Paramark Ventures, also participated…
• Godrej Interio’s Sustainable Supply Chain: A Key Driver for 42% Revenue in FY24
  13 Jan 2024, indianretailer.com
  ​In a bold move towards sustainability, Godrej & Boyce, the flagship company of the Godrej Group, revealed that its subsidiary, Godrej Interio, was experiencing a remarkable surge in the demand for environmentally conscious products…
• PDS Subsidiary, Norlanka Manufacturing, Acquires 26 pc Stake in Nobleswear
  13 Jan 2024, indianretailer.com
  ​PDS Limited announces a significant step in its global expansion as its subsidiary, Norlanka Manufacturing Limited, is set to acquire a 26 percent stake in Nobleswear Private Limited, a Sri Lanka-based specialized manufacturer of children’s wear products…
• Nebula by Titan Unveils Timeless Luxury with Contemporary Bracelets Range
  13 Jan 2024, indianretailer.com
  ​Nebula by Titan introduces a collection of luxury watches crafted in solid 18-carat gold and adorned with precious stones, epitomizing authenticity and modern expression…
• Kalyan Jewellers Clinches Accolades at Retail Jeweller MD and CEO Awards
  13 Jan 2024, indianretailer.com
  ​Kalyan Jewellers, a stalwart in India’s jewelry landscape, received prestigious honors at the Retail Jeweller MD and CEO Awards…
• HCCB Provides 20,000 kgs of Dry Ration Kits for Tiruvallur District
  13 Jan 2024, indianretailer.com
  ​Hindustan Coca-Cola Beverages Private Limited (HCCB), a prominent FMCG company in India, has undertaken a significant retail initiative in the aftermath of Cyclone Michaung…
• Urban Square Mall Enhances Udaipur’s Entertainment Landscape with LED Game Zone’s Unique Attractions
  13 Jan 2024, indianretailer.com
  ​Urban Square Mall, recognized as Udaipur’s leading retail and entertainment destination, embraces the arrival of LED Game Zone, introducing the distinctive ‘Hey Dark’-themed bowling alley…
• The Body Shop Expands Ethical Beauty Reach via ONDC Network
  13 Jan 2024, indianretailer.com
  ​The Body Shop, a globally renowned ethical beauty brand hailing from the UK and committed to social and environmental justice, has officially become part of the Open Network for Digital Commerce (ONDC) Network through Shopalyst’s plugin…
• Portronics Redefines Audio Tech with Dash 6
  13 Jan 2024, indianretailer.com
  ​Renowned for its innovation in portable gadgets, Portronics introduces the Dash 6 to its audio lineup – a Bluetooth speaker designed with versatility in mind…
• Traditional Elegance Meets Modern Design in PNG Jewellers’ New ‘Pratha’ Bridal Range
  13 Jan 2024, indianretailer.com
  ​With a legacy spanning 191 years, iconic jewellery brand PNG Jewellers introduces its new bridal collection, “Pratha,” just in time for India’s blockbuster wedding season. Beyond a celebration of heritage and craftsmanship…
• How Cloud Kitchens are Still Standing Strong
  13 Jan 2024, irecwire.com
  ​The ongoing commitment to innovation and the adoption of cutting-edge technologies not only enhance operational efficiency but also influence how food is prepared, packaged, and ultimately delivered…
• Ajmera Realty Witnesses 98% YoY Sales Surge In Q3 FY24
  12 Jan 2024, rprealtyplus.com
  ​Ajmera Realty & Infra India Ltd, a leading real estate company with a pan India presence, announced its operational numbers for Q3FY24…
• Casagrand Contracts Pvt Ltd Partners With Singapore’s Shine Goglobal Ltd
  12 Jan 2024, rprealtyplus.com
  ​With a vision to transcend the seasonal coastal tourist spot, Kanniyakumari towards conscious tourism destination, Casagrand Contracts Pvt Ltd (CGCPL), the EPC venture from the Casagrand Group and Singapore-based Our SHINE GOGLOBAL Ltd have joined hands to bring in a historic partnership…
• Phoenix Mills to add 5.1 million sq ft to office properties’ portfolio in three years
  12 Jan 2024, realty.economictimes.indiatimes.com
  ​This initiative is poised to elevate the company’s operational office projects portfolio to 7 million sq ft by 2027, up significantly from the current 2 million sq ft…
• Tata Consumer set to acquire Capital Foods, Organic India
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​TCPL will be buying 75% of Capital Foods from existing investors Invus Group, a European family office and investment arm, with a 40% stake; US private equity group General Atlantic that owns 35% valuing the company at Rs 5100 crore. That would peg the stake value at Rs 3,825 crore…
• Dealshare names Kamaldeep Singh as CEO, third cofounder Medda quits
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​Singh joined Dealshare in December 2022 as president of the retail business at the Bengaluru-based firm. He was previously the chief executive of BigBazaar. Singh’s appointment comes after an investor-led restructuring at the firm…
• FMCG distributors to boycott HUL products in Maharashtra, starting with Taj Mahal Tea
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​HUL, which owns brands such as — Lux, Lifebuoy, Surf Excel, Rin, Pond’s and Dove, has reduced the fixed margin by 60 basis points and increased the variable margins by up to 100 to 130 basis points for its distributors…
• Philip Morris International appoints Navaneel Kar as MD of India operations
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​In this company, Kar will be reporting to Ankur Modi, Cluster Head South Asia & IndoChina, PMI…
• Tata Starbucks FY23 Results: Co reports loss of Rs 24.97 crore
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​​Tata Starbucks has reported a net loss of Rs 24.97 crore from its operations in India for the financial year ended March 31, 2023, according to financial data accessed through business intelligence platform Tofler…
• Under pressure from trendier and cheaper rivals, Fabindia seems to be in need of refresh
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​An inability to win the hearts of Gen Z and millennial cohorts is posing a challenge for the six-decade-old retailer, a pioneer of sustainable sourcing and supporting artisans, amid an onslaught of competition from trendier and cheaper rivals. If socially conscious young people once swore by the brand, their children don’t seem to be showing it as much love…
• Agritech startup Ninjacart tops Rs 1,000 crore in FY23 revenue, up 19%
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​The topmost cost heads at the firm during the year were purchases of stock in trade and employee-related expenses. The former went up 18.5% to Rs 1,085.6 crore while the latter grew 51.6% to Rs 246.8 crore…
• Uniqlo operator Fast Retailing Q1 profit soars on strong overseas sales
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​Profit was 146.7 billion yen ($1.01 billion) in the three months through November compared with 117.1 billion yen a year earlier. The consensus forecast was for 137.9 billion yen, according to the average estimate of five analysts surveyed by LSEG…
• PepsiCo’s Jagrut Kotecha emerging as top contender for CEO role in India operations
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​PepsiCo’s senior vice president and chief commercial officer for AMESA, Jagrut Kotecha, is a leading candidate to head the company’s India operations. Kotecha’s extensive experience in PepsiCo’s snacks business is considered advantageous as the company focuses on strengthening its snacking segment in India. The initial expectation of George Kovoor taking over the role is reconsidered due to the competitive challenges in the snacks business…
• Anushka Sharma-backed D2C snack brand Slurrp Farm raises Rs 60 crore in funding
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​Founded in 2016 by Meghana Narayan and Shauravi Malik, Slurrp Farm saw its revenue more than double in FY23 to Rs 42 crore…
• India sees shift in consumer wallet share towards discretionary & premium products
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​India will see a significant shift in consumer wallet share towards discretionary and premium products as we move towards a USD5 trillion economy in the coming few years, says Amnish Aggarwal – Head of Research, Prabhudas Lilladher…
• UAE-based Lulu Group readies to set up large shopping mall in Ahmedabad
  12 Jan 2024, retail.economictimes.indiatimes.com
  ​The construction for the proposed shopping mall will start in 2024 itself, said Yusuff Ali MA, Chairman and Managing Director of Lulu Group International, talking to on the sidelines of the ongoing Vibrant Gujarat Global Summit…
• 
  

  Indian toy industry imports decline by 52 per cent

    12 Jan 2024, retail.economictimes.indiatimes.com
  ​The Indian Toy industry witnessed remarkable growth with a decline in imports by 52%, a rise in exports by 239%, and a development in the overall quality of the Toys. The efforts of the Government have enabled the creation of a more conducive manufacturing ecosystem, doubling the number of manufacturing units, reducing dependence on imported inputs, and increasing gross sales value. India is emerging as a top exporting nation with a strategic plan of action…
• Looks Marks 35 Years of Timeless Beauty and 200+ Retail Salons
  12 Jan 2024, indianretailer.com
  ​Looks, a beacon of glamour and wellness, joyfully commemorates its 35th anniversary, coupled with the remarkable achievement of establishing more than 200 salons across India…
• From Stitch to Marvel, Disney’s Growing Consumer Product Journey
  12 Jan 2024, indianretailer.com
  ​Disney remains at the forefront as the dominant global licensor, boasting timeless and evergreen franchises such as Mickey and Friends, Disney Frozen, Disney Princess, and Marvel’s Avengers…
• Huda Beauty, WISHFUL and KAYALI Joins Myntra’s Beauty Retail Arsenal
  12 Jan 2024, indianretailer.com
  ​Myntra, India’s renowned fashion and beauty hub, proudly announces the inclusion of globally acclaimed beauty brand Huda Beauty, along with skincare solutions from WISHFUL and fragrances from KAYALI in its expansive range of international brands…
• Blaupunkt TV Forges Alliance with Amazon India, Targets 4 pc Market Share in Retail Expansion
  12 Jan 2024, indianretailer.com
  ​German-rooted brand Blaupunkt TV, renowned for its sound quality and over a century of legacy, has joined forces with Amazon India as its new e-commerce partner…
• Kraft Elevates Tableware Standards with Innovative Dessert Set
  12 Jan 2024, indianretailer.com
  ​With decades of experience catering to Indian kitchens, Kraft, an Indian tableware brand, has introduced its newest creation, the Kraft Dessert/Pudding Set. Priced at an accessible INR 990, the set is available on Amazon and the brand’s website…
• SoulTree Adds Soumya Rasa to Ayurvedic Body Care Portfolio
  12 Jan 2024, indianretailer.com
  ​Luxury brand SoulTree, the World’s 1st Certified Organic Ayurvedic beauty and wellness brand, introduces Soumya Rasa, its exquisite Ayurvedic Body Care range…
• Snitch Expands Warehouse Capacity in Bengaluru, Enhances Supply Chain Dynamics
  12 Jan 2024, indianretailer.com
  ​Snitch, the pioneering direct-to-customer (D2C) menswear brand, is gearing up to enlarge its warehouse facility by an additional 50,000 square feet…
• Popsicle Unveils Sketch-Style “SpongeBob SquarePants” Frozen Treat Nationwide
  12 Jan 2024, indianretailer.com
  ​Popsicle is introducing its latest frozen confection bar, featuring a new design inspired by the various faces of the iconic character, SpongeBob SquarePants…
• Pinkfong Debuts “Baby Shark World for Kids” App on LG Smart TV
  12 Jan 2024, indianretailer.com
  ​The Pinkfong Company, the entertainment powerhouse behind Baby Shark, has revealed the launch of “Baby Shark World for Kids” on LG Smart TV…
• Nuvama & Cushman & Wakefield JV To Raise Rs 3000 Cr Commercial Realty Fund
  11 Jan 2024, rprealtyplus.com
  ​Nuvama Asset Management, the alternatives-focused asset management arm of Nuvama Wealth Management Ltd,and Cushman & Wakefield , a leading global commercial…
• Puravankara’s Highest-Ever Collections For 9MFY24 & Q3FY24
  11 Jan 2024, rprealtyplus.com
  ​Puravankara Limited, one of India’s most trusted and admired real estate developers, has recorded a strong sales performance in 9MFY24 with a sales value of Rs 3,967 crores, an increase of 89 percent compared..
• Kolkata: Hidco nod to New Town vertical city on the lines of World Trade Center
  11 Jan 2024, realty.economictimes.indiatimes.com
  ​The Hidco board meeting was held on Tuesday where the proposal was discussed and approved. State urban development minister and Hidco chairman Firhad Hakim said that the vertical city building has been planned to be set up as per the World Trade Center specifications…
• Zomato offers daily payouts to small restaurant partners
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​The payouts will be currently available to restaurant partners that receive 100 or fewer orders a month, the company said in a blog post…
• The Beer Cafe to invest Rs 50 crore to open 36 new outlets in CY24
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​The brand, which claims to be double-digit EBITDA profitable, is looking at a 64 per cent growth in revenue from CY23 to CY24…
• Godrej Interio eyes 42% revenue from green products in FY24
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​The company is expecting 42 per cent of its revenue in FY24 to come from the green products category and further plans to take this to 50 per cent by 2032…
• ICEA moots import duty cuts on inputs to boost smartphone exports
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​A key demand of the handset industry from Budget FY25 is zero tariffs on all lines that significantly increase costs, converging them with Vietnam and China to ensure competitiveness, scale and export-led growth…
• High street retail set to take off big
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​M3M recently announced a luxury high street retail and ‘Pentsuites’ – or, serviced studio apartments – as part of a commercial project in Noida. The project will be developed on a three-acre land parcel with saleable space of about 900,000 square feet – 550,000 square feet in retail and 350,000 square feet for studio apartments…
• Thermal demand slumps 30%, makers slash production by up to 50%
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​Dealers and distributors are unwilling to pick up new stocks as they are yet to offload last year’s stock, and manufacturers do not expect the prevailing cold conditions in most of north India to lead to a revival in demand for knitwear…
• B2B beauty marketplace Glamplus raises Rs 16.5 cr in pre-Series A round
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​The investment will be used for the expansion of the startup in the tier I and II cities and further, to venture into the international markets, the release read…
• Fireboltt starts sale of wrist-phones, expects 30% of wearables revenue from new device
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​These devices are set to eclipse ordinary watches, offering a level of intelligence, connectivity, and versatility that was once unimaginable. While smartphones will remain essential, wristphones will become indispensable for seamless, on-the-go living, he added…
• Nippon Paint enters into e-commerce market
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​​​With this foray into e-commerce, the brand aims to deliver customer orders across India with fast delivery…
• Biggest malls in India you should visit
  11 Jan 2024, timesofindia.indiatimes.com
  ​India is a country with a large and diverse population and a growing appetite for shopping and entertainment…
• India’s Biggest Shopping Mall To Be Set Up In Ahmedabad By UAE-Based Lulu Group
  11 Jan 2024, india.com
  ​LuLu Group, the United Arab Emirates (UAE) based retailer is set to construct what it termed India’s biggest shopping mall, in Ahmedabad…
• Retail malls see robust growth with addition of 3.1 million sq ft in Q4
  11 Jan 2024, business-standard.com
  ​India’s retail shopping malls witnessed robust growth with 3.1 million square feet added in Q4 2023 (Oct-Dec) compared to the pre-pandemic time, according to a Cushman and Wakefield report, which highlighted that a shift in consumer..
• Value retail to be a $170 billion market in India by 2026
  11 Jan 2024, livemint.com
  ​India’s value retail market, excluding food and grocery, will likely surge to $170 billion by 2026 from $111 billion in FY23, as per a report by Wazir Advisors…
• Quaker’s Beyond Breakfast Strategy
  11 Jan 2024, indianretailer.com
  ​Quaker in India is embarking on its innovative journey by introducing a variety of oat-based products. With the recent launch of instant oats in India, Quaker aims to boost its retail sales by targeting not only health-conscious breakfast consumers but also appealing to those seeking healthy snack options during breaktime…
• Shopping 2.0: Neo Retail’s Omnichannel Marvels and Future-Focused Flair
  11 Jan 2024, indianretailer.com
  ​In a world where shopping isn’t just a transaction but a thrilling adventure, Neo Retail emerges as the secret sauce that turns mundane purchases into a journey of discovery…
• India’s E-Retail Industry Projected to Soar Beyond $160 bn by 2028
  11 Jan 2024, indianretailer.com
  ​In a recent collaborative report by Bain & Company and Flipkart, the e-retail market in India is projected to witness a remarkable surge, surpassing the $160 billion mark by 2028…
• myTrident Introduces 37.5 Thermal Comfort Bed Sheets, Elevating Winter Comfort
  11 Jan 2024, indianretailer.com
  ​Experience the epitome of comfort with myTrident’s latest creation – the 37.5 Thermal Comfort range…
• Timex Expands Presence with iConnect Calling Smartwatch Range
  11 Jan 2024, indianretailer.com
  ​Timex, a globally recognized watchmaking brand, is set to introduce its latest innovation, the iConnect Calling smartwatch range, expanding its array of smartwatches that seamlessly blend fashion and functionality…
• D2C Start-up PrabhuBhakti Secures Seed Funding to Fuse Devotion and Style
  11 Jan 2024, indianretailer.com
  ​PrabhuBhakti, a Direct-to-Consumer (D2C) startup specializing in Devotion and Style, has successfully raised an undisclosed amount of seed funding from Prajay Advisors…
• Cygnett Hotels Opens 2nd Hotel in Jaipur
  11 Jan 2024, restaurant.indianretailer.com
  ​The hotel provides adaptable venues for meetings and events. These spaces are designed, featuring modern aesthetics, state-of-the-art technology, and seamless connectivity…
• Rebel Foods Launches India’s first Wendy’s® Dine-In Airport outlet at Kempegowda International Airport in Bengaluru
  11 Jan 2024, restaurant.indianretailer.com
  ​Rebel Foods, the world’s largest internet restaurant brand and the master franchise holder for Wendy’s® in India has announced the launch of Wendy’s® first airport dine-in store at Kempegowda International Airport in Bengaluru…
• FlyDining to Open in Ayodhya Giving Customers an Experience above 50 Meters from Ground
  11 Jan 2024, restaurant.indianretailer.com
  ​When it comes to safety, The Flydining structure ‘s entire length is 9 meters. with a width of 5 meters. It is suspended on 16 metal wire ropes, 8 below and 8 above the roof…
• Barista Coffee Hits 400 Store Milestone in India
  11 Jan 2024, retail.economictimes.indiatimes.com
  ​Barista Coffee celebrates a major achievement with the inauguration of its 400th café in Delhi…
• 4 Ways Tata Starbucks is Catalysing Growth in India
  11 Jan 2024, restaurant.indianretailer.com
  ​To achieve its target of 1,000 stores by 2028 the company will double its workforce to approximately 8,600 partners as it plans to enter Tier 2 and 3 Indian cities, expand drive-thrus, airports and its 24-hour store footprint…
• Tommy Bahama Expands Lifestyle Offerings Through Licensing Agreement with Concept One Accessories
  11 Jan 2024, indianretailer.com
  ​Tommy Bahama, the renowned lifestyle brand, has entered into a licensing agreement with Concept One Accessories for the production of handbags, small leather goods, and luggage. Gina Wilcox, Vice President of…
• Universal Music Renews Licensing Deal with Tencent Music in China
  11 Jan 2024, indianretailer.com
  ​Universal Music has extended its licensing agreement with Tencent Music Entertainment, the operator of three streaming services and an online karaoke platform in the Chinese market…
• Radisson Hotel Group Expands its Presence in Historic Ayodhya with Park Inn
  11 Jan 2024, indianretailer.com
  ​Radisson Hotel Group is excited to declare the inauguration of its latest hotel in the culturally rich city of Ayodhya – Park Inn by Radisson Ayodhya. Nestled in the heart of Ayodhya, the hotel seamlessly combines contemporary design with modern amenities…
• Hyderabad Second Largest Real Estate Hub In 2023
  10 Jan 2024, rprealtyplus.com
  ​In 2023, Hyderabad emerged as the second-largest real estate hub in India, experiencing a 49% year-on-year (YoY) growth in the sale of housing, according to the ‘Real Insight Residential – Annual Round-up 2023 (January–December) report released by PropTiger.com…
• PE Investments Register 26% Decline In 9M FY24
  10 Jan 2024, rprealtyplus.com
  ​PE Investments registered a decline of approx. 26% in 9M FY24 as both foreign and domestic investors reported lower activity, finds ANAROCK Capital’s FLUX report for 9M FY24.​..
• Prestige Estates’ sales bookings jump over two-fold to Rs 5,326 crore in Q3 FY24
  10 Jan 2024, realty.economictimes.indiatimes.com
  ​​In a regulatory filing, Bengaluru-based Prestige Estates Projects Ltd informed that it clocked sale bookings of Rs 5,326.1 crore during October-December FY24, up 111 per cent year-on-year…
• Bullish on India as it has everything in place to accelerate trajectory: Starbucks Global CEO Narasimhan
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​Starbucks CEO Laxman Narasimhan has announced plans to open a new store every third day in India to operate 1000 cafes by 2028. The company is focusing on the tea-drinking nation’s impressive development and improved ease of doing business. Starbucks has 390 stores in India and crossed the Rs 1,000-crore sales mark for the first time since its establishment in 2012.​..
• Indian value retail market for non-F&G categories expected to reach USD 170 billion by 2026: Report
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​Sharing her views, ​​Pakhi Saxena, Retail CPG Head, Wazir Advisors said, “The value retail market in India takes on interesting contours and is defined by distinct levers of price combined with un-catered demand. Accessible pricing across key mainstay categories, encompassing the mass, economy and mid-economy segments, is the driver of value retail in India.”.​..
• Swiggy Instamart VP Sidharth Satpathy exits, Amazon’s Anirban Roy to succeed
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​Several high-level executives have exited IPO-bound Swiggy over the last year, including senior vice president Karthik Gurumurthy, who built and headed Instamart, and former chief technology officer (CTO) Dale Vaz…
• Desi CEOs take home more than expats at electronics companies
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​Indian CEOs at Sony, Blue Star and Crompton Greaves took home more money than their foreign counterparts at the local units of Samsung, LG and Vivo that had a much larger scale of business…
• Blaupunkt explores ‘Made-in-India’ TVs for global markets, eyes diversification beyond China in manufacturing
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​Blaupunkt, an electronics brand, is planning to procure televisions made in India for its operations in the Middle East, Europe, and Australia. The brand’s local licensing partner, Super Plastronics, has revealed this move as an effort to establish India as a new global sourcing base. Super Plastronics is the Indian licensee for Blaupunkt televisions, which operates through licensing arrangements in over 80 countries worldwide…
• Volatility in gold prices is impacting jewellery sales, say industry executives
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​The drop in consumption of plain gold jewellery has impacted the manufacturers of plain gold jewellery from Tamil Nadu, Kolkata and Delhi. Coimbatore Jewellery Manufacturers’ Association president B. Muthu Venkatraman said that the orders for plain gold jewellery have trickled down post the surge in gold prices…
• Don’t expect recovery in FMCG before FY25: Abneesh Roy
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​Abneesh Roy says: “In our view, in Q3, most of the companies will see flat to low-single digit volume growth in the rural areas while urban areas will be growing faster. Even in Q4, we do not see a big recovery in rural demand currently. Our sense is the recovery will happen in FY25, based on Rs 1 lakh crore election spending, government stimulus, freebies, etc.”..
• Walmart experiments with AI to enhance customers’ shopping experiences
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​In a Tuesday keynote at trade show CES in Las Vegas, the nation’s largest retailer announced that it would be expanding its drone delivery to 1.8 million additional households in the Dallas-Fort Worth metropolitan area later this year.​..
• Campa becomes official sponsor of BCCI cricket series in India: Reports
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​Campa, a soft drink brand owned by Reliance, has signed a multi-year deal with the Board of Control for Cricket in India (BCCI) to become one of the official central sponsors for all cricket series in India. This agreement will sideline rivals Coca-Cola and PepsiCo for BCCI matches in India. Campa will enjoy exclusive on-stadium presence, pouring rights, and a beverage partnership for all cricket matches played in India…
• Apis India to expand product portfolio; aims Rs 500 cr revenue in FY25
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​The Delhi-based company had reported a revenue of Rs 333.66 crore for the financial year that ended on March 31, 2023. The company gets nearly equal contributions from the B2B and B2C businesses.​..
• Indian coffee exports set to surge thanks to global price rally
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​India- famous as a tea producer – is also the world’s eighth-largest coffee grower, mainly churning out the robusta beans used to make instant coffee. It also produces some of the more expensive arabica variety.​..
• Indian economy likely to grow at 6.2% next fiscal: UBS India report
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​Despite the rising external headwinds, India is likely to grow 6.2 per cent next fiscal against a consensus of 6.3 per cent to USD 3.9 trillion from USD 3.57 trillion in FY24 on a likely 7 per cent growth, as consumption growth is likely to stabilise at 4.7 per cent from 4.5 per cent in FY24, Tanvee Gupta-Jain, the UBS India chief economist, said in a note.​..
• Tata 1mg, Vitonnix UK announce exclusive partnership for healthcare products
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​The first product will be vitamin sublingual sprays which enable rapid absorption of vitamins, according to the company.​..
• Dial M for margins: Chinese phone companies offer higher share to retailers
  10 Jan 2024, retail.economictimes.indiatimes.com
  ​Since last year, Chinese brands, especially Xiaomi and Realme, have been focusing on offline retail, which is more conducive for selling premium products and supporting their push towards expanding into appliances and other Internet of Things products. “Higher margins will encourage retailers to take time educating customers about the brand and products,” said Tarun Pathak, research director at Counterpoint Research…
• Smartsters Breaks Ground with Store at KOPA Mall Pune
  10 Jan 2024, indianretailer.com
  ​Smartsters, the distinguished children’s furniture and home décor brand, is making its mark in the retail landscape with the inauguration of its standalone store at Kopa Mall Pune…
• India’s Consumer Industry: Transformations, Challenges & Future Expectations
  10 Jan 2024, indianretailer.com
  ​India’s consumer industry is undergoing a significant transformation, poised to become the world’s third-largest by 2027, following the United States and China…
• Tejus Jose Assumes Leadership as Operations Director for Accor’s Ibis and Ibis Styles Across India
  10 Jan 2024, indianretailer.com
  ​In a strategic move, Tejus Jose assumes the role of Director of Operations for ibis and ibis Styles India, a pivotal portfolio within the esteemed Accor Hotels, one of the top hospitality groups. Tejus, with over 23 years of expertise in the hospitality sector, is set to shape the operational landscape for 21 hotels across 14 cities in India.​..
• 10Clubhomes Appoints Kavitha Rao as COO to Lead Retail Expansion
  10 Jan 2024, indianretailer.com
  ​10Clubhomes has named Kavitha Rao as its new Co-founder and Chief Operating Officer. With over two decades of leadership experience in retail and consumer industries, Kavitha will spearhead various business functions to drive growth and profitability…
• Associated Alcohols and Breweries Disrupts Handcrafted Gin Space with Nicobar
  10 Jan 2024, indianretailer.com
  ​Associated Alcohols and Breweries Limited (AABL), a key player in the alco-beverage industry and a flagship entity of the esteemed Associated Kedia Group, has proudly unveiled its premium handcrafted gin, “NICOBAR.”..
• Sydney Sweeney Joins Laneige as Global Brand Ambassador
  10 Jan 2024, indianretailer.com
  ​In a significant move, celebrated actress and two-time Emmy Award nominee Sydney Sweeney has become the first-ever global brand ambassador for Laneige, the internationally acclaimed K-beauty brand.​..
• MyMuse Secures $2.7 mn in Largest Pre-Series A Funding
  10 Jan 2024, indianretailer.com
  ​In the largest pre-series A funding in the Indian sexual wellness industry, MyMuse, the country’s leading intimacy brand, has successfully raised $2.7 million in a mix of debt and equity financing.​..
• Nippon Paint India Enters E-comm Arena with Amazon, Flipkart, and JioMart
  10 Jan 2024, indianretailer.com
  ​Nippon Paint India (Decorative), a leading name in the paint industry, is set to make its mark in the e-commerce landscape through strategic collaborations with Amazon, Flipkart, and JioMart…
• Tata 1mg Collabs with Vitonnix UK to Introduce Innovative Vitamin Sublingual Sprays
  10 Jan 2024, indianretailer.com
  ​Tata 1mg, a renowned digital healthcare platform in India, has partnered with Vitonnix UK, a leading innovator in health and wellness, to unveil an unprecedented offering in the country…
• Ayouthveda Welcomes Genelia Deshmukh to Radiate Ayurvedic Elegance
  10 Jan 2024, indianretailer.com
  ​Ayurvedic personal care brand, Ayouthveda, proudly unveils Genelia Deshmukh as its inaugural Indian brand ambassador for the face care range…
• Marketing of the Future: Will Restaurants in India Collaborate with Virtual Influencers?
  10 Jan 2024, irecwire.com
  ​This trust has shifted marketing budgets, with 73 percent now allocated to nano, micro, and mid-tier influencers due to their relatability and audience trust levels.​..
• How Bata’s Power Brand is Taking Fashion Forward with the Launch of Power Apparel
  10 Jan 2024, irecwire.com
  ​Pankaj Gupta, Head of Retail Operations, Bata India highlights the various dimensions of the company’s business strategy, exploring response to the sneakerization trend, the launch of Power apparel, omnichannel dominance, strategic store expansion, etc.​..
• Chef Sajid Salim Patel Named Executive Chef at Sheraton Grand Bangalore
  10 Jan 2024, retail.economictimes.indiatimes.com
  Chef’s practical culinary skills encompass Japanese cuisine (Sushi Kitchen), Cold Food Preparation, Catering Operations, and expertise in Indian, Western, and Oriental cooking…
• Signature Global Reports 47% Increase In Sales Bookings
  09 Jan 2024, rprealtyplus.com
  ​Realty firm Signature Global reported 47 per cent increase in its sales booking to Rs 1,262.73 crore for the third quarter of this fiscal on strong housing demand…
• DLF Sold 1000 Luxury Housing Within Three Days Of Pre-Launch
  09 Jan 2024, rprealtyplus.com
  ​Real estate major DLF said on January 8 that it has sold more than 1000 luxury housing units that are part of its latest offering Privana South in Gurugram, for Rs 7200 crore, within three days of pre-launch.​..
• Home and kitchen products startup 10clubhomes appoints Kavitha Rao as co-founder and COO
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​Kavitha comes on board with over 23 years of experience and has held various leadership roles with companies like IKEA, Accenture, Target & Unilever. In her new role with 10clubhomes, Kavitha told ETRetail that she will lead various business functions to drive growth and profitability…
• Quick service restaurants, soft drink businesses to bounce back this year: Ravi Jaipuria
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​Despite a slowdown in the growth of the quick service restaurants (QSRs) sector and soft drinks, Ravi Jaipuria, chairman of RJ Corp, PepsiCo’s largest bottler, and the largest franchise partner for KFC, Pizza Hut and Costa Coffee in India, believes year ahead is expected to see healthy double-digit growth for both businesses.​..
• Godrej Consumer conducts ceremony for its Rs 515 cr new mfg unit
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​“The government has generously given us incentives on our commitment to employ at least 50% of women and 5% of employees from the LGBTQI and people with disability communities,” said Nisaba Godrej, executive chairperson, GCPL…
• FMCG makers expect low to mid-single-digit volume growth in Q3; rural market continues to lag
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​​ Leading FMCG makers are expecting a low to mid-single-digit volume growth in the October-December quarter, with an improvement in consumer demand on a sequential basis…
• Spain’s Tendam tie up with Myntra to expand presence in India’s fashion landscape
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​Tendam, a leading fashion group, partners with Myntra to expand in India. Women’secret, Tendam’s flagship brand, is now available on Myntra. Tendam will open two franchised stores in Pune and Ludhiana. They aim to open ~20 stores in India over the next three years.​..
• New e-comm hubs: Parts of Hindi heartland, northeast
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​The trend is also in part being driven by the restricted presence of offline retail in some regions — in the northeast for instance, geographical built of certain areas makes it difficult for offline retailers to set up shops…
• Jewellery maker Pandora beats sales, profit forecasts on strong Q4
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​The company, known for its bracelets and charms, said organic sales grew by 12% year-on-year in the October-December period, lifting annual growth to 8% and exceeding the company’s own full-year forecast of 5%-6% made in early November.​..
• Medium to long term outlook for FMCG companies strong, margin expansion to continue: Kaustubh Pawaskar
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​Kaustubh Pawaskar says: “We should expect some improvement in demand from Q1 of FY2025 since inflation has also reduced and companies are passing on the benefit to the consumers in forms of price cuts and grammage increase. The benefits should start coming in the quarters ahead and if all goes well, monsoons turn out to be better, then it should help in revival in the rural demand.”…
• Indian single malts make history, overtake global giants in sales for first time
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​Indian single malt whiskies have made history by surpassing renowned international brands in terms of sales. According to the Confederation of Indian Alcoholic Beverage Companies (CIABC), Indian single malts accounted for 53% of total sales in 2023. The success of ‘Made in India’ brands has led to international giants like Diageo and Pernod Ricard entering the Indian market with their own local brands. This signals a new era for the country’s whisky industry…
• Ace Turtle appoints Pradeep Mukim as CCO
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​In his new role, he will lead the sourcing function and outlet business along with driving Ace Turtle’s strategic initiatives.​..
• Gen Z consumers prefer brands with social causes: Report
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​The report said younger consumers favour friends’ recommendations over celebrities when making purchases, with half of the consumers more likely to buy products through a friend’s recommendation, than through influencer or celebrity recommendation. This is contrary to many brand strategies that invest heavily on endorsements either through celebrities or through influencers on social media platforms.​..
• Retailer Douglas plans Q1 listing in new test for European IPOs – sources
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​Proceeds from the IPO will be used to help pay down debt, the people said. The company had 3.4 billion euros of net debt at the end of September, including store leases, equating to about 4.7 times its adjusted core earnings…
• Homegrown Ambrane expands global footprint, aims Rs 100 cr revenue
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​Homegrown consumer electronics and smart wearable brand Ambrane on Monday announced its expansion into the global market and aims for Rs 100 crore revenue this fiscal year.​..
• Bumberry’s push for eco-friendly cloth diapers in baby care
  09 Jan 2024, retail.economictimes.indiatimes.com
  ​To tackle the environmental damage caused by disposable baby diapers, Kochi-based Bumberry Cloth Diapering Company has come up with eco-friendly reusable cloth diapers for babies, which it hopes will effect a marked shift in consumer preferences…
• Ambrane Expands Global Footprint, Aiming to Achieve 100 cr in International Retail Revenue
  09 Jan 2024, indianretailer.com
  ​Ambrane, a leading Indian consumer electronics, and smart wearable brand, embarks on a noteworthy venture into the global market, with a focus on serving the UAE, Europe, USA, and East Asian regions. The brand introduces a range of top-tier products, including power banks, chargers, cables, and cutting-edge smart gadgets, bringing the renowned quality and innovation associated with Ambrane to an international audience.​..
• Jaipur Rugs Collabs with Dhun Jaipur for ‘Tread Softly’ Art Residency
  09 Jan 2024, indianretailer.com
  ​Jaipur Rugs, a leading carpet manufacturer in India, has initiated a distinctive collaboration with Dhun Jaipur for a three-month artist residency and exhibition named ‘Tread Softly.’​..
• Striding into FY2024: ICRA’s Insights on India’s Footwear Sector – 7 Key Takeaways
  09 Jan 2024, indianretailer.com
  ​Step into the beating heart of India’s footwear industry, where every stitch tells a story and each sole carries the weight of an evolving narrative.​..
• iD Fresh Food Appoints Rajat Diwaker as India CEO
  09 Jan 2024, indianretailer.com
  ​On January 5, the homegrown fresh food brand iD Fresh Food revealed the appointment of industry veteran Rajat Diwaker as the India CEO…
• Ace Turtle Appoints Pradeep Mukim as Chief Commercial Officer to Drive Retail Expansion
  09 Jan 2024, indianretailer.com
  ​Ace Turtle has named Pradeep Mukim as its Chief Commercial Officer, entrusting him with leading the sourcing function and outlet business, while steering strategic initiatives.​..
• Woolmark, Andamen Introduce APEX – A Fusion of Luxury and Craftsmanship
  09 Jan 2024, indianretailer.com
  ​The Woolmark Company, a revered Australian brand, and Andamen, an esteemed Indian-origin menswear label, have unveiled APEX, an exquisite winter collection merging Australian excellence with Indian artistry…
• The Souled Store Partners with Simpl to Elevate E-comm Experience
  09 Jan 2024, indianretailer.com
  ​The Souled Store has announced a strategic collaboration with Simpl – India’s foremost Checkout Network. This partnership aims to fortify The Souled Store’s e-commerce platform, providing an enriched shopping experience for millions of customers​..
• American Pie Unveils in Mumbai
  09 Jan 2024, restaurant.indianretailer.com
  ​American Pie is a unique cloud kitchen that blends nostalgia with modern food experiences.​..
• The real estate outlook: What to expect in 2024
  8 Jan 2024, realty.economictimes.indiatimes.com
  ​The desire for homeownership remains undeterred among consumers, as residential sales continue to breach previous highs. In the first nine months of 2023, an estimated 196,227 units were sold across top seven cities—marking a 15-year high.​..
• Consumer companies do not want to leave distributors on margins
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​While most distributors earn fixed margins between 3-6% irrespective of sales, variables usually include additional margins on reaching defined sales targets. After piloting a 60-100 bps lower fixed margin to its distributors to 3.3% and raising variable margins by over 100-150 bps for nearly a year, HUL rolled out the structure across 110 top cities in October…
• Flipkart may trim rolls by up to 7% in yearly refocus
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​Spotlight on Cleartrip, grocery and Shopsy; $1-billion funding in progress at company…
• Advertisements get cash counters ringing at quick commerce and food delivery companies
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​Quick commerce and food companies such as Swiggy, Zomato, Blinkit and Zepto are using advertising to bump up their overall revenue, industry executives and advertisers told ET…
• Dabur India sees sequential improvement in demand
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​The company, which owns various brands, including Dabur Chyawanprash, Dabur Honey, Dabur Pudin Hara, Dabur Amla, Real and Vatika, expects to register “mid to high single-digit growth during Q3 FY24” in its revenue. In the domestic business, the food & beverages segment is expected to grow in the high-single-digit and HPC (home & personal care) is expected to record growth in the mid-single digit…
• Country Delight raises $20 million in funding from Temasek, Venturi Partners
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​The latest round values Gurugram-based Country Delight at around $820 million. The D2C fresh foods brand had last raised $108 million back in May 2022 at a valuation of $615 million…
• How what sells most on Amazon, Flipkart and other online shopping websites may be changing
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​This article discusses the resurgence of brick-and-mortar stores for big-ticket electronics, signaling a shift in consumer behavior post-pandemic. Smartphone and television sales online have declined, while the contribution of in-store purchases has increased…
• Shoe imports ban, fiscal sops, design centres to help footwear industry hit USD 90 bn mark: Report
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​”This growth will be characterized by two main changes – a significant increase in the demand for non-leather footwear (like sports shoes, running shoes, casual wear, and sneakers) in India, rising from 25 per cent to 75 per cent of the market share by 2030; and a shift in leather shoe production from small-scale, cottage industries to large corporates,” it said…
• Textile industry struggles to boost sales
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​However, the industrialists have some reason to cheer as this winter witnessed a sharp rise in the sale of winter accessories including gloves, scarves, boots and winter socks. Garment manufacturers said people had not even started visiting stores for winter shopping halfway through December…
• Kalyan Jewellers to open its 250th showroom in Ayodhya
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​Of the 30 showrooms, the company plans to add 15 ‘Kalyan’ showrooms in India, two ‘Kalyan’ showrooms in the Middle East and 13 ‘Candere’ showrooms, it said. “The ongoing quarter should witness the launch of the company’s 250th showroom in Ayodhya, a milestone in our journey,” Kalyan Jewellers added…
• HUL puts focus on family packs
  8 Jan 2024, financialexpress.com
  ​Hindustan Unilever (HUL), the country’s largest consumer goods company, is pushing large or family packs into select general trade outlets in top 100 towns, as it seeks to shore up volume growth, at least three distributors from Maharashtra, Gujarat and Madhya Pradesh have told FE…
• Beyond snacks and sweets: Haldiram’s Foods now also sells premium chocolates
  8 Jan 2024, livemint.com
  ​Haldiram’s Foods International Pvt Ltd (Nagpur) is entering the premium chocolate market, competing with the likes of ITC and Mondelez, as it builds a wider portfolio of packaged foods beyond sweets and savouries…
• October-December 2023 speaks volumes about FMCG demand revival
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​Godrej Consumer Products said volume growth was likely in a high single digit, but sales value growth was flattish last quarter. Marico, which sells the Parachute coconut hair oil and Saffola oil, said domestic volumes grew in a low single digit year-on-year with a slight sequential improvement in core portfolio. But consolidated revenue declined by a low single digit…
• France’s Leclerc backs Carrefour in pressuring food producers
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​France has been gripped by a debate over the price of staples, with retailers claiming producers’ price increases are unjustified. The government has demanded retailers and suppliers finish annual price negotiations in January, two months earlier than usual, as it seeks to lower inflation…
• Global smartwatch sales likely to see 17% growth in 2024
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​Initially attracted to basic or affordable smartwatches, users are now seeking enhanced functionality, especially those who purchased devices during the pandemic…
• Panasonic eyes double-digit growth in India this fiscal, plans to make country export hub
  8 Jan 2024, retail.economictimes.indiatimes.com
  ​Panasonic is expecting “double-digit” growth in the Indian market this fiscal and is preparing to tap into the country’s long-term potential by introducing high-tech products. The company is committed to the Indian market, citing its high long-term potential due to lower product penetration, providing room for growth…
• Rising Consumer Spending In the Luxury Segment
  8 Jan 2024, indianretailer.com
  ​India is the fastest-growing economy across the globe and is estimated to become the third-largest economy by 2027. This has led to a change in the distribution of income, with the upper middle-class accounting for one-third of the overall population and the high-income class tripling by 2031…
• Navigating Inflation: What Indian Retailers Must Focus On
  8 Jan 2024, indianretailer.com
  ​The recent pandemic has reframed the importance of nutrition and immunity building foods to India. A renewed awareness towards the value of health and an increase in disposable incomes has revived the food choices for the Indian customer…
• Unlocking Potential: ONDC’s Impact on D2C Brands
  8 Jan 2024, indianretailer.com
  ​In the swiftly transforming digital commerce landscape, the growth of Direct-to-Consumer (D2C) brands has been nothing short of meteoric, reshaping the dynamics of the Retail Industry…
• New Experimental Bar ’11:11′ Debuts in Mumbai
  8 Jan 2024, restaurant.indianretailer.com
  ​The brand specializes in a fusion of Continental fare with Indian influences, the menu at 11:11 showcases selections like Mangalorean ghee roast and Indian-Chinese fusion, alongside international delights such as Sushi, Baos, and an array of global dishes..
• Arvind Rao To Head Brigade Group’s Commercial Business
  6 Jan 2024, rprealtyplus.com
  ​Brigade Group has announced the appointment of Arvind Rao as Vice President to head the Commercial business, with the responsibility to drive growth and profitability in asset management, revenues, and operations. He has over 17 years of experience in the office space segment, having represented developers and tenants as a consultant…
• Indian Construction Sector Likely To Grow 8.5-9%
  6 Jan 2024, rprealtyplus.com
  ​Amid the upcoming general elections, the rating agency Icra in a report has projected the Indian construction industry to grow at 8.5 to 9 per cent in FY2024, driven by the government’s robust infrastructure agenda…
• Macrotech Developers’ sale bookings up 12% to Rs 3,410 crore in Q3 FY24
  6 Jan 2024, realty.economictimes.indiatimes.com
  ​In a regulatory filing, Macrotech Developers informed that the company has achieved its best ever third quarter pre-sales performance…
• Sobha’s sales bookings up 37% to Rs 1,952 crore in Q3 FY24
  6 Jan 2024, realty.economictimes.indiatimes.com
  ​The average price realization improved to Rs 11,732 per square feet during the third quarter of this fiscal year, from Rs 9,653 per square feet in the year-ago period…
• Titan Q3 Update: Company sees 22% revenue growth on strong all-round show
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Titan added a total of 90 stores during the quarter, taking the group’s total presence to 2,949 stores. At the end of the September quarter, Titan had 2,859 stores…
• Urban markets staying steady and rural markets offering little to cheer during Oct-Dec quarter – Marico
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Marico’s international business delivered mid-single digit constant currency growth amidst transient macro headwinds in the Bangladesh market, while the rest of the geographies held strong. With a degree of pricing corrections in key domestic portfolios yet to anniversarize and significant currency depreciation in select overseas geographies, consolidated revenue declined in low single digits on a year-on-year basis…
• iD Fresh Food appoints Rajat Diwaker as India CEO; PC Musthafa assumes Global CEO role
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​As part of the new global structure, the company will appoint dedicated Business Heads and CEOs for each International market and also enter new markets, including Singapore and Australia, in 2024…
• Godrej Consumer says reported volume growth continues to be double digit in December quarter
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Godrej Consumer Products reported double-digit volume growth in India for the quarter ending December 31, 2023, with the operating environment remaining similar to the second quarter. The company’s organic business delivered steady underlying volume growth of mid-single digit, with growth across both Home Care and Personal Care. The recently acquired Raymond Consumer Care brands, Park Avenue and KamaSutra, continue to perform well and are on track to achieve full-year ambition…
• D2C investors expect funding and deal activities to be on the upswing in 2024
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Direct-to-consumer (D2C) investors expect that conscious fashion & apparel, travel & lifestyle, and home & decor categories are ripe for disruption. The expenditure in such categories is not only expected to rise in 2024 but is also projected to become a dominant trend throughout this decade. Also, D2C is believed to have completely transitioned to being omnichannel…
• Govt rolls out mandatory quality norms for electrical accessories
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Under this order, items cannot be produced, sold, traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark. The order will come into force from six months of the date of publication of the notification, DPIIT said…
• ONDC crosses record 5.5 million transactions in December
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Of the 5.5 million transactions made via ONDC in December, 3.4 million (63%) were in the mobility category while two million (37%) were in the retail category…
• Myntra names Flipkart VP Govindraj its chief HR officer
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Govindraj, currently vice president-HR at Flipkart, will replace Nupur Nagpal, who is exiting Myntra. Myntra chief executive Nandita Sinha announced the appointment in an email sent to the company’s employees. ET has seen the email and confirmed the matter with Myntra’s spokesperson…
• Toys to account for significant portion in Walmart’s $10 bn exports target from India: Offiical
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​In December 2020, Walmart committed to triple its exports of goods from India to $10 billion each year by 2027, providing a significant boost to micro, small and medium-sized enterprises (MSMEs) here…
• Urban markets drive Q3 growth for FMCG Inc as rural demand lags
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​The maker of Saffola and Parachute oil brands also said constraints on liquidity and profitability in the general trade (GT) channel remained an overhang, while alternative channels continued to fare well. It has initiated significant steps towards improving the return on investments of its general trade partners and structurally re-igniting growth including a primary stock correction…
• ‘Metros drive consumption in H1, rural and semi-urban areas closing in’
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Metro cities had grown the fastest from Q2 of last fiscal to Q1 of FY24. The aviation sector saw the highest growth of 29.7%, along with the hospitality sector at 12.8% in Q2 of FY24, reflecting an increased demand for travel, said the report. These travels may have been triggered by events such as the World Cup…
• Clensta eyes global markets; aims to generate 10% revenue from overseas sales
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Currently, the brand has launched its products in Malaysia, US and Saudi Arabia and is aiming to foray into Nepal, Bangladesh, UAE and Gulf cooperation council (GCC)…
• India to remain growth market for iPhones, say analysts
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​The brokerage cut Apple’s price target by $15, to $205, and downgraded its view on the stock to “neutral” from “overweight”, commenting that growth rates have peaked for unit sales of iPhones. On Tuesday, Barclays downgraded the Apple stock to “underweight”, which is equivalent to a “sell” rating…
• Smartphones see a muted ’23, this year may be better
  6 Jan 2024, livemint.com
  ​India’s smartphone market cooled for a second straight year in 2023, analysts polled by said, even as they expect the year ahead to be better than the last. Smartphone volumes at 144-145 million units in 2023 remained unchanged from the previous year or were slightly less, four telecom analysts polled by…
• Mumbai Goes 24×7 – A List Of Restaurants, Malls & Venues Open All Night
  6 Jan 2024, homegrown.co.in
  ​Mumbai regained its freedom to remain awake and busy with commercial establishments allowed to function 24*7 from midnight of January 26-27, after nearly three decades…
• Mumbai & Other Cities Witness Mall Boom As Retail Space Supply In India Surges Over 72% In 1 Year
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Experts say by 2027, new supply of retail chains is expected to rise by 43 per cent across Delhi NCR, Mumbai, Pune, Bengaluru, Kolkata, Chennai, and Hyderabad…
• KALKI Charts Global Expansion While Strengthening Retail Footprint in India
  6 Jan 2024, indianretailer.com
  ​KALKI, with an extensive retail space exceeding 35,000 square feet across key Indian markets like Surat, Ahmedabad, Delhi, Bangalore, and Mumbai, sets its sights on a transformative phase of global expansion and heightened domestic presence…
• Luxury Soars: 18 pc Boost in New Year Spending Signals Potential Business Upswing
  6 Jan 2024, indianretailer.com
  ​As we usher in the New Year, Axis My India’s latest insights from the India Consumer Sentiment Index (CSI) shed light on the evolving consumer behaviors and spending trends that define the nation’s economic landscape. The report unveils a spectrum of optimistic findings…
• Swiss Beauty Makes India’s First-Ever Holographic Eyeliner Debut
  6 Jan 2024, indianretailer.com
  ​In tune with the recent eye makeup craze, Swiss Beauty, India’s most popular cosmetic brand, has introduced the first-ever Holographic Eyeliner range in India for makeup lovers this New Year…
• The Body Shop Achieves Milestone as First Global Beauty Brand with 100 pc Vegan Formulations
  6 Jan 2024, indianretailer.com
  ​The Body Shop, the pioneering British-born ethical beauty brand announces a significant milestone: it has become the world’s first global beauty brand to achieve 100 percent vegan product formulations across all ranges including skincare, body care, hair care, makeup, and fragrance…
• Myntra Bolsters ‘Platform of Choice’ Status with 50+ Global Powerhouse Brands Joining its Portfolio in 2023
  6 Jan 2024, indianretailer.com
  ​2023 saw Myntra on board over 50 sought-after international brands, enabling its trend-first shoppers access to some of the most in-demand brands from across the globe…
• Honasa Consumer Unveils India’s Inaugural Multi-Brand Outlet
  6 Jan 2024, indianretailer.com
  ​Beauty and personal care house of brands Honasa Consumer Pvt. Ltd has launched its first multi-brand outlet pan India at Seasons Mall, Pune, Maharashtra, a mall official wrote on social media on Monday…
• Blaupunkt Unveils SBA01 Krisp Dolby Soundbar
  6 Jan 2024, retail.economictimes.indiatimes.com
  ​Blaupunkt, the German audio brand, has introduced its latest masterpiece, the SBA01 Krisp Dolby Soundbar, heralding a significant leap forward in audio technology…
• Noida: I-T department searches Bhutani Infra, Group 108, Logix Group premises
  5 Jan 2024, realty.economictimes.indiatimes.com
  ​The premises of realty groups like Bhutani Infra, Group 108, Logix and some other companies were raided by the tax department, they said…
• Noel Tata-led Trent charts expansion plan riding private label-only model
  5 Jan 2024, retail.economictimes.indiatimes.com
  The company’s revenues climbed substantially over the past five years, to ₹8,242 crore in FY23 from ₹2,157 crore in FY18. Concurrently, the net profit surged nearly five-fold to ₹394 crore. The stock has sparkled, too. Last year, Trent more than doubled in value, outpacing the 20% returns for the Nifty50. Over a two-year span, the stock nearly tripled, while the Nifty climbed 27% in the period…
• FMCG companies and food services chains head to Ayodhya
  5 Jan 2024, retail.economictimes.indiatimes.com
  Expecting an 8-10-fold surge in tourism and floating (visiting) population of the city, FMCG companies and food services chains are heading towards Ayodhya ahead of the Ram temple consecration on January 22. Data by the UP Tourism Department shows that while 325,000 tourists visited Ayodhya in 2021, the number surged to 23.9 million the following year…
• Top global apparel brands and retailers doubled sales in India over the past two years
  5 Jan 2024, retail.economictimes.indiatimes.com
  Swedish fashion retailer H&M and rival Zara reported a 40% increase in its topline while Japanese brand Uniqlo saw a 60% jump in sales. American denim maker Levi Strauss and British brand Marks & Spencer posted a 54% increase, latest filings with the Registrar of Companies showed. Dubai-based department store Lifestyle International, too, saw a 46% jump in revenues on a large base…
• Mid-to-high single-digit revenue growth expected in Q3, says Dabur in Q3 update
  5 Jan 2024, retail.economictimes.indiatimes.com
  The maker of Real juice, Hommade condiments and chyawanprash noted in a filing to the stock exchanges that its foods and beverages segment would lead growth in the quarter, usually the best performer in the October-December quarter due to the festive season and its juices portfolio. Dabur said the third quarter has been better than expectations, also driven by its acquired Badshah masala franchise and its international business…
• Sugar Cosmetics turned profitable in December; looking at 2-3 years’ timeline for IPO: Vineeta Singh
  5 Jan 2024, retail.economictimes.indiatimes.com
  Vineeta Singh says: “A few months back, we launched with Kareena a brand called Quench which is a skincare brand. So colour cosmetics is a Rs 10,000-crore market where Sugar plays and now Quench which is a skincare brand in partnership with Kareena Kapoor Khan is going to play in the Rs 25000 crore skincare market and that opens up opportunities to grow.”…
• Wedding season fails to add shine to gold demand
  5 Jan 2024, retail.economictimes.indiatimes.com
  Some jewellers said they are now pushing studded jewellery where the margins are up to 3x higher than plain gold jewellery…
• JD Sports’ profit warning wipes shine off shares
  5 Jan 2024, retail.economictimes.indiatimes.com
  JD, which sells Nike, Adidas and other sports fashion ranges, now expects profit before tax and adjusted items of 915-935 million pounds ($1.16-1.19 billion) for the year ending Feb. 3…
• UK clothing retailer Next ups profit outlook again on strong Christmas
  5 Jan 2024, retail.economictimes.indiatimes.com
  The group also gave guidance for its 2024/25 year, forecasting a rise in full-price sales up 2.5%, total group sales up 6.0% and profit up 5% to 960 million pounds…
• Leveraging AI in dairy and beverage manufacturing to ensure product quality: Sanjay Singal, COO, Dairy & Beverages, ITC Foods
  5 Jan 2024, retail.economictimes.indiatimes.com
  Sanjay Singal says digital technologies, including AI-powered sensors and machine learning algorithms, can help monitor and maintain product quality…
• Rural demand for packaged goods remains weak in December quarter
  5 Jan 2024, retail.economictimes.indiatimes.com
  Packaged consumer goods such as soaps, detergents, and snacks saw tepid demand in rural India in the December quarter, triggering concerns over FMCG sales volumes, according to industry analysts…
• Desi cocktail bars go beyond Pina Coladas to serve up a heady mix
  5 Jan 2024, retail.economictimes.indiatimes.com
  India’s pub and bar scene is undergoing significant growth, with niche cocktail bar concepts emerging in smaller towns. Delhi’s Sidecar has seen a 60% increase in revenues between 2021 and 2023, while profits have risen by 35-45%. The market is also seeing a rise in niche concepts in Jaipur, such as the Native Cocktail Room, which ranked number one in Bar Wars 2023 and featured in the 50 Best Bars India list…
• Consumer discretionary categories barring jewellery, travel staring at moderating growth
  5 Jan 2024, retail.economictimes.indiatimes.com
  Despite a promising start to the festive season, most sectors, excluding jewellery and travel, seem to have hit the snooze button, as per a report released by HDFC Securities…
• What’s new at Ambience Malls: the city’s hottest shopping destinations!
  5 Jan 2024, retail.economictimes.indiatimes.com
  While the city indulges in some New Year cheer in full style with parties, celebrations and get-togethers ringing in, most of us are busy getting hold of looks and styles to rock this gala season! Wouldn’t you just want to rock that little black dress or a shimmery number with a beret and some boots this winter, ladies? or just that perfect blazer with a turtleneck to add that oomph, gentlemen? Do not get flustered as Ambience malls in Gurugram and Vasant Kunj are here with a wide array of brands to please all our needs!…
• Why bigger and more shopping malls are coming up in top cities
  5 Jan 2024, economictimes.indiatimes.com
  Even as e-commerce has become a buzzword in the retail industry lately and companies are focusing on online channels, physical retail still thrives in big cities where customers are supposed to be more connected and thus supposedly more inclined to …
• KALKI Charts Global Expansion While Strengthening Retail Footprint in India
  5 Jan 2024, indianretailer.com
  KALKI, with an extensive retail space exceeding 35,000 square feet across key Indian markets like Surat, Ahmedabad, Delhi, Bangalore, and Mumbai, sets its sights on a transformative phase of global expansion and heightened domestic presence…
• MiniKlub Elevates Kidswear Retail with Flagship Store Launch in Bhopal
  5 Jan 2024, indianretailer.com
  MiniKlub, a prominent kidswear brand, celebrates the inauguration of its flagship store in Bhopal, marking a significant stride in establishing itself as India’s premier destination for high-quality and stylish children’s fashion…
• Michael Kors Introduces the Tribeca Shoulder Bag
  5 Jan 2024, indianretailer.com
  Inspired by the iconic New York City neighborhood, Michael Kors introduces the Tribeca shoulder bag—a testament to its downtown chic. Crafted from supple, quilted leather and adorned with a polished, push-lock fastening, the bag exudes a luxe sensibility…
• From Threads to Trends: Benetton’s Colorful Legacy in India’s Retail Revolution
  5 Jan 2024, indianretailer.com
  Legacy brands often suffer from fatigue syndrome, especially in today’s dynamic retail universe that changes with the whims and fancies of the Gen Z. However, one brand has dared to improvise rather than conform — Benetton…
• Addble Solutions Joins ONDC as a Seller Network Participant
  5 Jan 2024, indianretailer.com
  In a significant move, Addble Solutions Private Limited, a leading cloud-based omni-channel commerce platform based in Imphal, has officially gone live on the Open Network for Digital Commerce (ONDC) as a Seller Network Participant…
• Invesco Boosts Swiggy’s Valuation to $8.3B in US Investment
  5 Jan 2024, restaurant.indianretailer.com
  In FY23, Swiggy incurred losses totaling about $545 million, marking an 80% surge from approximately $300 million in FY22…
• Zoca Diner Unveils in Karol Bagh
  5 Jan 2024, restaurant.indianretailer.com
  The menu have options like Vegetable Flautas, Makhni Momos, Creamy Pasta, and Blueberry Bubble Tea and many more…
• TGI Friday’s closes 36 stores, sells more to Former CEO Ray Blanchette
  5 Jan 2024, restaurant.indianretailer.com
  According to the reports, the price paid by Blanchette for the eight Fridays stores was not revealed. All of the units are in the Northeast, according to the chain…
• Miniso Forges Global Partnership with Care Bears, Unveils Diverse-Themed Product Line
  5 Jan 2024, indianretailer.com
  Retail giant Miniso has revealed a new global partnership with Care Bears, set to bring forth an extensive product line featuring the beloved characters…
• Clay Craft India Forges Strategic Retail Alliances with Leading Brand
  5 Jan 2024, retail.economictimes.indiatimes.com
  Clay Craft India Private Limited, the premier manufacturer of ceramic tableware products in India, has unveiled significant retail collaborations with prominent brands such as Home Centre, Myntra, D Mart, Nykaa, AJIO, and others…
• Clay Craft India Forges Strategic Retail Alliances with Leading Brand
  5 Jan 2024, retail.economictimes.indiatimes.com
  Clay Craft India Private Limited, the premier manufacturer of ceramic tableware products in India, has unveiled significant retail collaborations with prominent brands such as Home Centre, Myntra, D Mart, Nykaa, AJIO, and others…
• Embassy REIT approves raising of debt up to Rs 2,000 crore
  4 Jan 2024, retail.economictimes.indiatimes.com
  The proceeds from the issuance of the instruments will be utilized for the repayment of Embassy REIT’s existing debt…
• Sugar Cosmetics FY23 revenue jumps 89% to Rs 420 crore, net loss stays flat
  4 Jan 2024, retail.economictimes.indiatimes.com
  Mumbai-based Sugar Cosmetics’ total expenses rose 68% on year to Rs 505 crore in FY23, primarily due to higher spending for purchases of stock-in-trade. During the year under review, it expanded its offline presence significantly…
• Fashion platform Myntra’s FY23 revenue grows 25% to Rs 4,375 crore, loss widens
  4 Jan 2024, retail.economictimes.indiatimes.com
  Myntra’s total expenses in FY23 rose to Rs 5,290 crore. The fashion etailer spent Rs 1,758 crore in advertising and promotional expenses, up 35% from a year ago, the biggest single contributor to its total expenses…
• Motorola brings on board TM Narasimhan to oversee India business
  4 Jan 2024, retail.economictimes.indiatimes.com
  Motorola Mobility India has appointed TM Narasimhan as managing director of Mobile Business Group – India, focusing on the Indian smartphone market and aiming to be among the top three brands. Narasimhan will report to Prashanth Mani, who will continue to lead Motorola’s Asia Pacific business. With experience in sales operations, business planning, and P&L management, Narasimhan is confident in leading the India team and elevating the business to greater success…
• Govt relaxes certain quality control order norms for AC industry
  4 Jan 2024, retail.economictimes.indiatimes.com
  According to a government notification, Hermetic Compressors of more than 7000 W (2 TR) capacity have been removed from the order for one year for the manufacturers of air conditioning and refrigeration equipment and related parts…
• Consumption in organised retail to grow at 9.3% in H1 FY24, says CMS Info Systems
  4 Jan 2024, retail.economictimes.indiatimes.com
  “From a demographic perspective, Metro cities which had grown the fastest from Q2-FY23 to Q1-FY24, were outpaced in H1 FY24 by SURU (semi-urban and rural), which saw the fastest consumption growth of 9.2% YoY, triggered by improved discretionary spending and demonstrating tailwinds in the rural economy,” said CMS…
• Cloud kitchen startup Curefoods reports fourfold jump in FY23 revenue, loss widens
  4 Jan 2024, retail.economictimes.indiatimes.com
  The startup that runs brands like EatFit, CakeZone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle posts a loss of Rs 342 crore on operating revenue of Rs 382 crore..
• VRO Hospitality raises $10 million in bridge round to aid expansion plans
  4 Jan 2024, retail.economictimes.indiatimes.com
  The company, which closed its last fiscal at Rs 170 crore, is planning to close this fiscal with Rs 350 crore in revenue…
• Fewer phones, more FMCG items flying off ecommerce shelves
  4 Jan 2024, retail.economictimes.indiatimes.com
  Consumers are moving back to brick-and-mortar stores to buy expensive items such as smartphones and televisions. However, the opposite is observed in the case of FMCG products. For fast-moving consumer goods (FMCG), companies like ITC, Emami, Marico, Parle Products and Dabur have reported a growth of 3-5% percentage points in e-commerce contribution in the last one-two years, driven largely by quick commerce…
• SaaS platform Kiko Live launches on ONDC, to activate 50,000 retailers in next six months
  4 Jan 2024, retail.economictimes.indiatimes.com
  Backed by early-stage investors, including 9 Unicorns, Venture Catalysts, SOSV, and GSF, Kiko aims to to tap into a broader customer base, providing an expanded choice for the buyers…
• Impresario expects to cross ₹700 crore EBIDTA; double digit margins
  4 Jan 2024, retail.economictimes.indiatimes.com
  Impresario will cross the ₹700 crore mark for corporate EBIDTA in FY24, expecting a double digit growth in margins, Riyaaz Amlani, MD of Impresario Entertainment and Hospitality Pvt Ltd, told businessline…
• D2C ayurveda brand Kapiva’s revenue doubles to Rs 114 crore in FY23
  4 Jan 2024, retail.economictimes.indiatimes.com
  Kapiva reported Rs 114-crore revenue from operations for FY23, nearly double from Rs 59 crore in FY22, according to its regulatory filings with the Registrar of Companies (RoC). However, the company also saw its net loss widen to Rs 64 crore in FY23 from Rs 48 crore in the previous year…
• Nomura sees rural demand gathering steam in 2024
  4 Jan 2024, retail.economictimes.indiatimes.com
  The global investment banking firm noted that even though growth is expected to slow down in the coming fiscal to 5.6% from 6.7% projected in FY24, mass consumption may rise as easing price pressures support mass consumption…
• 32 more shops, commercial establishments in Delhi can now remain open 24/7
  4 Jan 2024, retail.economictimes.indiatimes.com
  So far 667 shops and commercial establishments have been allowed to operate 24/7 in Delhi. The government’s objective behind this is to create more job opportunities and boost overall economic development in Delhi, the statement said…
• Xiaomi lists premiumisation, AIoT, omnichannel push as India priorities
  4 Jan 2024, retail.economictimes.indiatimes.com
  In 2024, India smartphone market will grow in single-digit percentage, largely driven by 5G, says Xiaomi India chief Muralikrishnan…
• What’s new at Ambience Malls: City’s hottest shopping destinations!
  4 Jan 2024, timesofindia.indiatimes.com
  While the city indulges in some new year cheer in full style with parties, celebrations and get-togethers ringing in, most of us are busy getting hold of looks and styles to rock this gala season! Wouldn’t we just wanna rock that little black dress or a shimmery number with a beret and some boots this winters, ladies? or just that perfect blazer with a turtleneck to add that oomph, gentlemen? Do not get in a fluster as…
• The story of organising retail
  4 Jan 2024, business-standard.com
  Almost 10 years ago, traders had their moment when they gathered at Delhi’s Siri Fort Auditorium. It was a full house on February 27, 2014, just weeks before the general election…
• KENT’s Multi-purpose Zoom Plus Vacuum Cleaner Elevates Home Maintenance Standards
  4 Jan 2024, indianretailer.com
  KENT, a trailblazer in the RO Water purifier industry and a leader in innovative home appliances, unveils its latest groundbreaking product, the Multi-purpose Zoom Plus Vacuum Cleaner…
• ITC Sunfeast Farmlite Unveils 100 pc Paper Packaging for Digestive Biscuits
  4 Jan 2024, indianretailer.com
  ITC Sunfeast Farmlite, the renowned range of wholesome biscuits from ITC Foods, has unveiled its latest offering – the Sunfeast Farmlite Digestive Biscuit Family Pack, featuring a groundbreaking 100 percent outer paper bag packaging…
• Crafting Success in Rural Retail: MoRD Joins Forces with JioMart for India’s Artisans
  4 Jan 2024, indianretailer.com
  In a groundbreaking move towards uplifting rural artisans, the Ministry of Rural Development (MoRD) recently inked a Memorandum of Understanding (MoU) with Reliance Retail’s JioMart…
• Trends Shaping Retail Consumption in 2023
  4 Jan 2024, indianretailer.com
  CMS Info Systems has unveiled key insights into the organized retail segment’s consumption trends during the first half of FY24…
• Haldiram’s Nagpur Debuts Chocolate ‘Cocobay’ for Discerning Tastes
  4 Jan 2024, indianretailer.com
  Haldiram’s Nagpur, recognized as India’s top sweets and snacks brand, has ventured into the premium chocolate retail market during the festive season with the launch of ‘Cocobay.’..
• From Swiggy to Ola Electric, Brands Plan to Raise Rs 1 Lakh Crore via IPO in 2024
  4 Jan 2024, indianretailer.com
  Indian companies are optimistic about a positive market growth in 2024, aiming to raise over Rs 1 lakh crore through Initial Public Offerings (IPOs), which is double the previous year’s Rs 2000 crore. There are several large-sized IPOs in the pipeline…
• ColourPop Cosmetics Debuts in Indian Beauty Retail Through Exclusive Nykaa Partnership
  4 Jan 2024, retail.economictimes.indiatimes.com
  Get ready for a splash of vibrant hues as ColourPop Cosmetics, the renowned California-based cruelty-free brand, makes its highly anticipated entry into the Indian beauty scene, exclusively on Nykaa…
• Clay Craft India Forges Strategic Retail Alliances with Leading Brand
  4 Jan 2024, indianretailer.com
  Clay Craft India Private Limited, the premier manufacturer of ceramic tableware products in India, has unveiled significant retail collaborations with prominent brands such as Home Centre, Myntra, D Mart, Nykaa, AJIO, and others…
• UBON PB-X105 Wireless Power Bank Debuts in Indian Market
  4 Jan 2024, indianretailer.com
  UBON, a pioneer in innovative mobile accessories in India, is excited to introduce its latest offering, the UBON PB-X105 Magnetic Wireless Power Bank…
• HyugaLife Secures $1 mn Funding to Reinforce Retail Presence in India
  4 Jan 2024, indianretailer.com
  In a strategic move aimed at propelling its growth trajectory, health and wellness platform HyugaLife has successfully raised $1 million in funding from existing and new investors, including strategic debt financing from renowned partners Stride Ventures and Getvantage…
• How Kirana Club is Transforming India’s FMCG Landscape, Empowering Local Stores
  4 Jan 2024, irecwire.com
  Anshul Gupta, the visionary Founder & CEO, embarked on a mission to transform the landscape for Kirana stores, creating a platform that bridges the information gap and fosters lasting partnerships…
• Radiohead Brands Secures 12Cr, Closes 35Cr Pre-Series A Round
  4 Jan 2024, restaurant.indianretailer.com
  The company’s goal is to achieve a revenue run-rate of 100 crore by the next year, with a broader ambition of becoming a 1000 crore revenue enterprise within the decade…
• Abhiram Menon Appointed General Manager at Hilton Bangalore Embassy Golflinks
  4 Jan 2024, restaurant.indianretailer.com
  Abhiram employs a three-step method, focusing on achieving commercial goals while prioritizing guest satisfaction. His leadership lies in precise operational management, maintaining a continuous drive for advancement…
• Goa Single Window Clearance For Real Estate Investors
  3 Jan 2024, rprealtyplus.com
  The Goa government amended its policies to simplify the processes for investors by providing single-window clearance for land allotment and construction to attract industries to the state…
• Radhakishan Damani picks up 1.44% stake in VST Industries via bulk deal
  3 Jan 2024, retail.economictimes.indiatimes.com
  Meanwhile, SBI Mutual Fund has also bought 1.4% stake in the transaction, under which the sellers were HDFC Mutual Fund and DSP Mutual Fund. Both the funds offloaded nearly 3% stake in combination. According to the latest shareholding data, VST Industries is majority-owned by public shareholders at 67%, while promoters have the rest 32%…
• Zomato hikes platform fee it charges users by 33% in key markets
  3 Jan 2024, retail.economictimes.indiatimes.com
  The listed company started charging a flat platform fee in August 2023. Initially Rs 2 per order, it was subsequently increased to Rs 3 in most of its major markets…
• ETGIRS: What’s Next For Malls | Harshvardhan Bansal, co-founder, Unity Group
  3 Jan 2024, retail.economictimes.indiatimes.com
  Unity Group’s co-founder on navigating the evolving role of malls in India…
• Flipkart cofounder Binny Bansal launches OppDoor, an ecommerce startup focussed on online brands
  3 Jan 2024, retail.economictimes.indiatimes.com
  For OppDoor, Bansal, who exited Flipkart fully last year by selling his remaining stake to Walmart, has onboarded former Flipkart executives for the venture, people aware of the matter said…
• DMart’s Q3 standalone revenue rises 17.2 pc to Rs 13,247 crore
  3 Jan 2024, retail.economictimes.indiatimes.com
  “Standalone Revenue from operations for the quarter ended (QE) December 31, 2023 stood at Rs 13,247.33 crores,” said Avenue Supermarts in a regulatory filing…
• NIVEA India appoints Geetika Mehta as MD
  3 Jan 2024, retail.economictimes.indiatimes.com
  Before Nivea, Mehta served as Hershey India MD and has worked with Hindustan Unilever for 18 years…
• Hershey names Luigi Mirri as India head
  3 Jan 2024, retail.economictimes.indiatimes.com
  Luigi Mirri takes over as general manager for India operations, while retaining responsibility for APAC…
• Fashion’s sales season plastics problem isn’t about packaging
  3 Jan 2024, retail.economictimes.indiatimes.com
  In a world where more than half of clothes are made from cheap polyester, the disposable plastics you wear are a far bigger problem than the bags they’ve been delivered in…
• Zomato’s ‘war room’ to take on New Year’s Eve surge stirs work culture debate online
  3 Jan 2024, retail.economictimes.indiatimes.com
  Deepinder Goyal, cofounder and chief executive of Zomato, on Sunday shared images from the company’s ‘war room’ showing employees huddled in conference rooms, to take on heightened demand on account of New Year’s Eve…
• FMCG will continue to grow but there will be a shift from mass to niche brands: Anand Ramanathan, Deloitte India
  3 Jan 2024, retail.economictimes.indiatimes.com
  Anand Ramanathan says: “Overall the market looks good, particularly rural India and hence as demand strengthens, some of these pressures of inflation will soften. Also, 60-70% of an FMCG brand’s cost comes from the cost of raw material and therefore, inflation and geopolitics and commodity prices, etc, have impact on pricing which many a times they are not able to pass on to the consumer.” …
• Weak rural demand set to hit consumer goods sales in Q3
  3 Jan 2024, retail.economictimes.indiatimes.com
  Rural demand for daily household products and groceries has been challenging in villages, potentially impacting the overall consumer goods sector’s volume growth…
• Feminine hygiene penetration still lower than 30% in India: Pee Safe
  3 Jan 2024, retail.economictimes.indiatimes.com
  Originally launched a decade ago with just one product, a toilet seat sanitizer by Vikas Bagaria, and Srijana Bagaria (husband-wife duo) out of a personal incident, Pee Safe has evolved into a personal hygiene and fast-moving consumer goods (FMCG) brand. In the past six years, the company has diversified its product range to include personal hygiene categories, addressing the needs of girls from puberty to menopause…
• Wearables firm Ultrahuman says revenue growing 20% on month
  3 Jan 2024, retail.economictimes.indiatimes.com
  Ultrahuman is targeting over $50 million annual run rate by March, says CEO Mohit Kumar…
• Mumbai Marvels: Unveiling the Top 10 Biggest Malls, Where Tradition Meets Trendsetting
  3 Jan 2024, businessoutreach.in
  Mumbai, renowned for its cosmopolitan ambiance, attracts individuals from across India who proudly identify as ‘Mumbaikars…
• India’s Malls Forecasted to Expand by 116-118 Million Square Feet by 2025
  3 Jan 2024, indianretailer.com
  The post-pandemic era has ushered in a remarkable transformation in the shopping landscape, with a discernible shift driven by the youth’s renewed affinity for malls…
• Balenzia Unveils New Store at Kolkata Airport
  3 Jan 2024, indianretailer.com
  Balenzia, India’s pioneering sock brand, has opened its newest outlet at the Netaji Subhas Chandra Bose International Airport in Kolkata…
• Arrow Launches New Identity Stores
  3 Jan 2024, indianretailer.com
  Arrow, a brand synonymous with timeless fashion, is proud to announce the launch of its new identity stores, redefining the shopping experience for its valued customers…
• Liberty Shoes Unveils Comfort-Driven Festive Collection for Effortless Elegance
  3 Jan 2024, indianretailer.com
  Liberty Shoes introduces a diverse and thoughtful holiday collection that aims to transcend the boundaries of footwear, focusing on both style and comfort…
• Portronics Introduces 3-in-1 Wireless Charger with a Digital Alarm Clock
  3 Jan 2024, indianretailer.com
  Portronics, a renowned brand for portable gadgets in India, has introduced Bella, a versatile 3-in-1 Wireless Charger tailored for Qi-enabled smartphones, TWS earphones, and smartwatches…
• Senco Gold & Diamonds Reveals Wedding Collection
  3 Jan 2024, retail.economictimes.indiatimes.com
  Senco Gold & Diamonds, a prominent jewelry retailer, has unveiled its enchanting Wedding Collection for the upcoming season…
• Cornitos Introduces New Packaging for Crusties
  3 Jan 2024, indianretailer.com
  Cornitos, a made-in-India snack brand, has just unveiled a captivating packing to its timeless favorite Crusties. This pack comes wrapped in innovative packaging featuring the mascot…
• Innovate, Adorn, Transcend with BlueStone
  3 Jan 2024, indianretailer.com
  In 2011, Gaurav Singh Kushwaha embarked on a journey that would redefine the landscape of jewelry shopping in India…
• Spain’s Tendam Forges Alliance with Myntra to Expand Presence in India’s Fashion Landscape
  3 Jan 2024, indianretailer.com
  Tendam, one of Europe’s leading Omni-channel specialist fashion groups, has announced a strategic collaboration with Myntra, one of India’s leading platforms for fashion, beauty, and lifestyle, to enter and expand in India, one of the world’s fastest-growing markets…
• The Retail Empire Built on Value, Vision, and a Dash of Damani Magic
  3 Jan 2024, indianretailer.com
  DMart, the name that conjures images of overflowing grocery baskets and happy shoppers in India, is more than just a supermarket chain. It’s a retail revolution spearheaded by the enigmatic billionaire, Radhakishan Damani…
• Navigating the E-Commerce Landscape: A Year in Review and the Road Ahead
  3 Jan 2024, indianretailer.com
  As we bid farewell to the transformative year that was 2023, the Indian e-commerce landscape emerges as a tapestry woven with threads of innovation, adaptability, and resonance with evolving consumer dynamics…
• E-Commerce’s Ascendance: Transforming Supply Chains in the Digital Age
  3 Jan 2024, indianretailer.com
  In the dynamic landscape of commerce, the surge of e-commerce is reshaping how businesses operate and consumers shop. McKinsey & Company reports significant e-commerce growth, surpassing traditional retail…
• Nao Spirits Launches “Pipa – Rum de Goa”, A Spiced Rum from Goa
  3 Jan 2024, restaurant.indianretailer.com
  Launched exclusively in the Goa market, Pipa stands as a testament to Nao Spirits’ commitment to quality and heritage…
• Roastery Coffee House Enters Finland; Becomes India’s First Coffee Brand to Set Shop in the European Continent
  3 Jan 2024, restaurant.indianretailer.com
  The expansion plans are already in motion and began with a stellar 3-day coffee pop-up event in Helsinki on the 15th, 16th, and 17th of December 2023, held at ISO Roobertinkatu 30…
• Institutional Investments In Indian Real Estate Rise 10% YoY
  2 Jan 2024, rprealtyplus.com
  Institutional investments in Indian real estate sector maintained a steady momentum at USD5.4 billion, rising 10% YoY during 2023. The year witnessed highest levels of investment inflows since 2020 showcasing India’s resilience despite uncertainties in global markets otherwise, says Colliers India report. ..
• PepsiCo widens search for new executive to head its India business
  2 Jan 2024, retail.economictimes.indiatimes.com
  Earlier, PepsiCo India’s current senior vice president and general manager, beverages, George Kovoor, was believed to be taking over the top role to succeed Ahmed ElSheikh. The developments follow PepsiCo’s current president ElSheikh, who is expected to move to a global role within the company this year, making way for the leadership transition…
• More startups India-bound, map ‘reverse flip’
  2 Jan 2024, retail.economictimes.indiatimes.com
  Pine Labs and Udaan are the latest to plan shifting their holding companies to India with an eye on the long term. They join several other well-funded and highly valued startups that are moving their overseas holding companies to India — or ‘reverse flipping’ ahead of listings…
• As India gallops, so will FMCG industry: Sanjiv Puri, ITC CMD
  2 Jan 2024, retail.economictimes.indiatimes.com
  The market size of the FMCG segment by 2030 is estimated at over `21 trillion. Experts indicate that consumption rises at a much faster pace when per capita incomes cross $4,000, as is expected in India by 2030. There is today an increasing consumer preference for trusted brands, convenience, offerings in health and wellness as well as premium products. In 2024, a rising Bharat with unbounded aspirations, the massification of digital access and democratisation of premiumisation will further broaden opportunities for the FMCG sector…
• Printing ‘date of manufacturing’, ‘unit sale price’ on packaged items becomes mandatory from January 1
  2 Jan 2024, retail.economictimes.indiatimes.com
  Now, companies have been mandated to print only the ‘date of manufacturing’, along with the ‘unit sale price’, as per the latest notification issued by the Consumer Affairs Ministry. Printing the date of manufacturing will help consumers know how old the packaged item is and help them make conscious purchase decisions. Similarly, the printing of unit sale price will make it easy for consumers to ascertain the cost in unit terms…
• Asian Paints gets GST demand notice of Rs 13.83 crore
  2 Jan 2024, retail.economictimes.indiatimes.com
  The demand is for the financial year 2017-18 over mismatch on input tax credit (ITC), the leading paints maker said in a regulatory filing. “The company has a strong case based on merits and will be filing rectification and/or appeal against the said order within the prescribed timelines,” it added. Asian Paints further said it has discharged applicable taxes on the outward supplies made by the company and has also fulfilled all the conditions prescribed for availing of the ITC…
• Zepto on track for $1 billion run rate in annual sales value
  2 Jan 2024, financialexpress.com
  Quick commerce unicorn Zepto is on track to reach a $1 billion run rate in annualised sales value within the next couple of quarters, its co-founder and chief executive officer Aadit Palicha said in a LinkedIn post…
• Gin maker Nao Spirits forays into premium rum biz
  2 Jan 2024, livemint.com
  Gin-maker Nao Spirits and Beverages Pvt. Ltd has forayed into premium rums with Pipa-Rum de Goa…
• Over 4.8 lakh biryanis ordered on Swiggy during new year’s eve
  2 Jan 2024, retail.economictimes.indiatimes.com
  Over 4.8 lakh biryanis were ordered on Swiggy during new year’s eve celebrations with a peak of 1,244 units of the dish being ordered every minute, sources employed with the food delivery platform said on Monday. While close to one in every four biryani orders were placed in Hyderabad, Swiggy Instamart — the platform for ordering groceries and home essentials — did 1.6x more orders per minute in comparison to the previous record high witnessed during the 2023 Cricket World Cup final on November 19…
• Karnataka: State-owned MSIL sets new record in liquor sales on New Year eve
  2 Jan 2024, retail.economictimes.indiatimes.com
  Among the districts, Bengaluru Urban topped the list with sales touching Rs.1.82 crore. On the same day in the previous year, the district had sold liquor worth Rs.1.35 crore…
• GST collections up 10% YoY at Rs 1.64 lakh crore in Dec
  2 Jan 2024, retail.economictimes.indiatimes.com
  Experts said the double-digit growth in collections reflected the underlying economic momentum and the monthly moderation was attributable to holidays and the base effect…
• A Glance at India’s Retail Renaissance in 2023
  2 Jan 2024, retail.economictimes.indiatimes.com
  After overcoming pandemic-era challenges which broke the back of physical retail, the sector bounced back in 2022, showing remarkable resilience. We’re seeing a major shift this year, with soaring sales, tech innovations, global partnerships, and strategic investments that are reshaping the landscape. With nearly 60 new shopping malls, encompassing over 23 million sq. ft of retail space, set to open by 2025, this growth will continue in a robust fashion…
• Redefining Retail Realm: India’s Journey Through 2023 & Emerging Horizons In 2024
  2 Jan 2024, businessworld.in
  Kumar Rajagopalan, CEO of Retailers Association of India (RAI), shares his views on 2023’s retail metamorphosis and a glimpse into India’s evolving shopping landscape in 2024..
• A Look Back at the Empowering Entrepreneurial Women of 2023
  2 Jan 2024, indianretailer.com
  On World Entrepreneurs Day 2023, women entrepreneurs take the spotlight as they share their remarkable journeys, challenges, and visions for the future…
• E-Commerce’s Ascendance: Transforming Supply Chains in the Digital Age
  2 Jan 2024, indianretailer.com
  In the dynamic landscape of commerce, the surge of e-commerce is reshaping how businesses operate and consumers shop. McKinsey & Company reports significant e-commerce growth, surpassing traditional retail…
• Green Restaurants: Transforming Dining with Sustainable Urban Farming
  2 Jan 2024, indianretailer.com
  The Indian restaurant industry is undergoing a significant green revolution, focusing on sustainability and environmental consciousness…
• Retail sector set for 10-13% growth in 2024 on luxury, value purchases, demand uptick
  1 Jan 2024, retail.economictimes.indiatimes.com
  The space has bright spots such as robust GDP growth, tech-driven transformation, continued festive season impact, higher rural consumption as well as favourable demographics with a rising middle class and a young population having more disposable income…
• When FMCG giants pushed on with a cartful of troubles
  1 Jan 2024, retail.economictimes.indiatimes.com
  Overall sales of apparel and electronic products have been languishing for over a year now, while those of mass-segment electronic products have been low since the pandemic outbreak. According to researcher GfK, there was a slight pick-up in mass segment during Diwali…
• Quick-commerce, food-delivery firms log order surge on New Year’s Eve
  1 Jan 2024, retail.economictimes.indiatimes.com
  Quick-commerce firms Blinkit, Swiggy Instamart and Zepto said their order count on Sunday surpassed the total orders on December 31, 2022. While Zomato-owned Blinkit and Instamart said the numbers surpassed the year-earlier count by early evening, Zepto claimed it exceeded that by the afternoon itself…
• Thoda achhe wala dikhao: The year Indian shoppers went premium
  1 Jan 2024, retail.economictimes.indiatimes.com
  In 2023, India witnessed a shift in consumer demand, as sales of low-priced goods declined while luxury items surged, marking a notable trend. Companies adapted by targeting affluent consumers to offset reduced sales and declining margins, highlighting a clear split in consumer preferences towards premium products amid market challenges…
• Predictions for 2024: Hear this! Wearables are poised for a boom time
  1 Jan 2024, retail.economictimes.indiatimes.com
  India’s electronics manufacturing saw a 24% surge in 2023, generating $18 billion in revenue. The hearables and wearables industry, driven by domestic adoption, is expected to see robust growth in 2024. With AI advancements and wearables becoming essential health companions, Indian brands are gaining popularity. The industry is expected to reach $8 billion by 2025-26, with immense export potential…
• Snapdeal’s FY23 consolidated loss narrows to Rs 282 crore
  1 Jan 2024, retail.economictimes.indiatimes.com
  The company’s loss-reduction measures also led to revenue decreasing to Rs 388 crore in FY23 from Rs 564 crore in FY22…
• Dark Patterns and its impact in the digital world
  1 Jan 2024, retail.economictimes.indiatimes.com
  Amid a rise in online shopping and an increase in the number of internet users, deceptive strategies have been potentially used by certain e-commerce players to intentionally manipulate or mislead users. These unethical strategies are designed to lead to exploiting cognitive and behavioral biases. For instance, e-commerce websites try to gain more sales through hidden costs, retrieve consumer personal data intrusively, increase attention time through addictive practices, among others…
• Apparel retail sector is likely to face another quarter of slowdown: Report
  1 Jan 2024, retail.economictimes.indiatimes.com
  This is primarily due to the lower footfall during the peak season, impact of world cup during weekends and late onset of winter season. As a result, most brands have kicked-off end of season sale offering upto 65% discount, 2 weeks early in December 2023 against normal one month EOSS window in January…
• Predictions for 2024: Discovering the ‘real’ joys of craftsmanship, says fashion designer Sabyasachi Mukherjee
  1 Jan 2024, retail.economictimes.indiatimes.com
  Homegrown gourmet pizza makers, which have emerged as challengers to global brands, are looking to win over palates by giving serious attention to ingredients. For some, it’s the dough that’s the trade secret; for others, the toppings or crust, tomatoes or cheese. None of them wants to give away too much, wary about revealing their competitive edge…
• Unilever’s shift to power brands puts focus on India
  1 Jan 2024, financialexpress.com
  The company’s strategy to streamline its product portfolio, supply chain and sustainability has implications for India, which is the firm’s second-largest market after the US…
• Consumer majors soup up millet strategies to seed sales
  1 Jan 2024, retail.economictimes.indiatimes.com
  Companies had ventured into the market following the government’s nudge on increasing millet consumption. Sales, however, have been sluggish due to the consumer perception that these products are not tasty and are priced high, apart from the difficulty in adding millets as ingredients in existing items – as it changes flavour – and low shelf life…
• A Glance at India’s Retail Renaissance in 2023
  1 Jan 2024, retail.economictimes.indiatimes.com
  After overcoming pandemic-era challenges which broke the back of physical retail, the sector bounced back in 2022, showing remarkable resilience. We’re seeing a major shift this year, with soaring sales, tech innovations, global partnerships, and strategic investments that are reshaping the landscape…
• India to remain fastest-growing major economy in 2024
  1 Jan 2024, retail.economictimes.indiatimes.com
  India recorded a gross domestic product (GDP) expansion of 6.1 per cent in the March quarter. The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter…
• With more local value additions, electronics manufacturing sector to be worth $115 bn in 2024
  1 Jan 2024, retail.economictimes.indiatimes.com
  Year 2024 is expected to see robust growth in India’s electronics manufacturing sector which is set to grow 15 per cent. According to data shared by the government, domestic electronics manufacturing increased over four-fold to Rs 8.22 lakh crore or USD 102 billion in the last 10 years from Rs 1,80,454 crore (USD 29.8 billion) in FY14…
• Biggest Mall in India, List of Top-10
  1 Jan 2024, currentaffairs.com
  Lulu International Shopping Mall, located in Kochi, Kerala, holds the title of biggest mall in India. Check the list of top-10 largest malls in India…
• FMCG distributors oppose HUL’s decision to change margin structure
  30 Dec 2023, retail.economictimes.indiatimes.com
  HUL, the owner of well-known brands like Lux, Lifebuoy, Surf Excel, Rin, Pond’s, and Dove, has made changes to its margins for distributors. The company has decreased the fixed margin by 60 basis points, while increasing the variable margins by 100 to 130 basis points. This decision has faced opposition from the All India Consumer Products Distributors Federation (AICPDF), who have expressed concerns about the timing of the move and the slow growth in sales volumes. They are even considering taking measures like stopping purchases in response to this change…
• Meesho FY23 revenue grows 77% to Rs 5,735 crore, loss narrows 48%
  30 Dec 2023, retail.economictimes.indiatimes.com
  For the first half of FY24 ended September 30, 2023, Meesho said its operating revenue increased 37% year-on-year to Rs 3,521 crore, with a 90% reduction in loss to Rs 141 crore. ..
• Kalyan Jewellers sets up subsidiary firm in Oman to expand biz
  30 Dec 2023, retail.economictimes.indiatimes.com
  Kerala-based Kalyan Jewellers recorded a 30 per cent jump in consolidated net profit to Rs 278 crore during the first half of the current fiscal as against Rs 214 crore in the year-ago period…
• More Indians going nuts over dry fruits
  30 Dec 2023, retail.economictimes.indiatimes.com
  Demand for dry fruits has seen a spike in the last few days, after the government issued an advisory on a new Covid subvariant and reports of a surge in infections in several states, traders said. Nearly 80% of local demand for dry fruits is met through imports. Almonds and walnuts are the top-selling dry fruits in the country…
• Blutherm expects to sell 2,000 units this fiscal, eyes Rs 5 crore sales
  30 Dec 2023, retail.economictimes.indiatimes.com
  With the current pricing structure and presence in Mumbai, Blutherm expects to achieve a revenue of Rs 5 crore in this fiscal. Recently, the company has brought premium water heaters through an exclusive partnership with water heater maker Clage to cater to the Indian market…
• Amazon India’s logistics unit sees revenue fall marginally to Rs 4,543 crore
  30 Dec 2023, retail.economictimes.indiatimes.com
  Amazon Transportation Services’ financial numbers are in line with a deceleration seen in Amazon’s other India businesses during the last fiscal, as the Seattle-based parent is pulling back on cash burn across the board…
• Gem, jewellery exports dip by 4.52 pc in Nov to Rs 19,018 cr: GJEPC
  30 Dec 2023, retail.economictimes.indiatimes.com
  In November, India’s gem and jewellery exports decreased by 4.52% YoY to Rs 19,018.18 crore (USD 2,263.34 million), marking an improvement from the previous year. The Gem and Jewellery Export Promotion Council (GJEPC) attributes the decline to supply disruptions and a voluntary halt in rough diamond imports due to geopolitical issues. GJEPC Chairman Vipul Shah anticipates further improvement, citing heightened festival demand and expects FY24 exports to surpass the previous financial year…
• Godrej Jersey eyes expanding the retail category pie
  30 Dec 2023, thehindubusinessline.com
  We have started introducing products of smaller denominations to expand the retail market: Bhupendra Suri, CEO of Godrej Jersey..
• Unilever Dubai Personal Care to market more niche products
  30 Dec 2023, thehindubusinessline.com
  Rising consumer preference for personal care products through social media platforms has facilitated the Unilever Dubai Personal Care (DPC) factory to widen its bouquet of offerings to include more premium and niche products…
• Indian economy to comfortably exceed 6.5 per cent GDP growth rate for FY24, says FinMin
  30 Dec 2023, retail.economictimes.indiatimes.com
  On the inflation front, with the stable downward movement in core inflation and continuing deflation in fuel inflation, the headline inflation outlook is on a declining trend, notwithstanding temporary disruptions from food prices. RBI has projected inflation to average at 5.4 per cent in FY24…
• Samsung to finally get its FY21 incentives under PLI scheme
  30 Dec 2023, retail.economictimes.indiatimes.com
  The Indian government has cleared over ₹500 crore claims for South Korean smartphone manufacturer Samsung for the first year of the smartphone production-linked incentive (PLI) scheme, which was granted after over two years of revisions due to discrepancies in the original paperwork. Samsung had initially filed for ₹900 crore, claiming to have achieved a target of ₹15,000 crore worth of incremental sales for FY21…
• Retail sector set for 10-13% growth in 2024 on luxury, value purchases
  30 Dec 2023, deccanherald.com
  Deloitte India Consulting Partner Rajat Wahi said that the Indian retail industry’s growth prospects for 2024 present a mixed picture with several factors influencing the landscape…
• MysorePC Makers Aim for Growth with AI Integration in 2024
  30 Dec 2023, retail.economictimes.indiatimes.com
  India is considered a growing market for PC brands, but it faced multiple challenges in 2023 due to slowing demand and low market sentiments. However, PC brands in India are optimistic about leveraging Artificial Intelligence (AI) to rejuvenate market sentiments. According to the International Data Corporation (IDC), the total PC market in 2024 is expected to experience a 3.4 percent growth compared to 2023…
• Saya Group Leases Space To Cinepolis For 5 Screen Multiplexes
  29 Dec 2023,rprealtyplus.com
  Saya Group, a renowned name in the real estate sector known for its unwavering commitment to quality, announces the opening of cutting-edge 5-screen multiplexes in its two high-end flagship commercial projects – Saya Status and Saya South X with seating capacities of over 950 and 900, respectively in partnership with global multiplex giant Cinepolis…
• Ghaziabad: Five months since cave-in, no walls yet around plots dug up for a mall
  29 Dec 2023,realty.economictimes.indiatimes.com
  In July, a portion of the service road of Gaur Global Village Society in Crossings Republik, overlooking this pit on the mall site, caved in, posing a threat to nearby buildings…
• Amazon, Flipkart generate Rs 8,705 crore ad revenue in FY23
  29 Dec 2023,retail.economictimes.indiatimes.com
  In FY23, Amazon Seller Services, the marketplace arm of Amazon, recorded 29% growth in ad revenue at Rs 5,380 crore, according to the RoC filings sourced from business intelligence platform Tofler. For Flipkart Internet, the marketplace arm of Flipkart, revenue from this segment rose 60% to Rs 3,325 crore…
• ETRetailGIRS : What’s Next for Malls | Growing importance of F&B sector in malls
  29 Dec 2023,retail.economictimes.indiatimes.com
  The first-panel discussion of ‘What’s Next for Malls’ – ‘Growing importance of F&B sector in malls’ deep dives into how F&B is becoming the anchor and crowd-puller for the malls. Panelists: Jatin Goel, ED, Omaxe Group | Kabir Advani, Owner, Bercos | Sharad Madan, Co-Founder and Director, Imperfecto and Khubani | Charu Lamba, Senior Associate Editor, ETRetail..
• E-commerce in 2023: Investments, bumper festive sales, and soon-to-be-launched policy
  29 Dec 2023,retail.economictimes.indiatimes.com
  A look back on e-commerce in 2023. An interesting year with slowdown yet bumper festive sales, growing focus on profitability, business restructuring, layoffs, and some noteworthy investments…
• Year-Ender: Retail brands expected to expand store sizes to offer a premium experience to consumers
  29 Dec 2023,retail.economictimes.indiatimes.com
  Industry experts expect store sizes in the categories like jewellery, entertainment, and athleisure to increase by 25-40 per cent…
• Scheme of arrangement between Tata Consumer, Tata Coffee, TCPL Beverages to be effective from Jan 1
  29 Dec 2023,retail.economictimes.indiatimes.com
  The composite scheme of arrangement amongst Tata Consumer Products Ltd (TCPL), Tata Coffee Ltd (TCL), and TCPL Beverages & Foods Ltd (TBFL) and their respective shareholders and creditors, pursuant to Section 230-232 and other applicable provisions of the Companies Act, 2013 (Scheme) will become effective from January 1…
• We have grown our business via both organic and inorganic channels, says Mufti’s Kamal Khushlani
  29 Dec 2023,retail.economictimes.indiatimes.com
  As of September 30, 2023, the brand has a pan-India presence through 1,807 touchpoints consisting of 404 EBOs, 71 LFSs, and 1,332 MBOs, with its reach extending from major metros to tier-III cities, with a presence in 591 cities…
• Govt to extend duty, tax remission scheme benefits to e-comm exports
  29 Dec 2023,retail.economictimes.indiatimes.com
  The step will help SME sectors take advantage of government schemes, further pushing e-commerce exports and boosting overall export growth from the country to achieve the target of USD 1 trillion merchandise exports by 2030…
• Jubilant FoodWorks betting big on brand Popeyes
  29 Dec 2023,thehindubusinessline.com
  Jubilant FoodWorks, which is doubling its investments on brand Domino’s Pizza, is also betting big on Popeyes…
• India’s mall story gets a lot more interesting, expected to see investment of over Rs 20k cr in 3-4 years
  29 Dec 2023,retail.economictimes.indiatimes.com
  Malls are expected to attract investment of more than ‘20,000 crore over the next 3-4 years as the country’s biggest mall developers, DLF, Prestige and Phoenix, have entered the next phase of expansion as almost all top retailers are expanding their store count…
• Huawei forecasts 9% revenue growth in 2023 as smartphones surge
  29 Dec 2023,retail.economictimes.indiatimes.com
  Huawei’s smartphone shipments surged 83% in October year-on-year, helping the overall Chinese smartphone market to grow 11% over the same period, according to Counterpoint…
• Malls registered high demand this year, trend likely to continue in 2024
  29 Dec 2023,business-standard.com
  As retail real estate demand continues to grow, more than five million square feet (msf) of grade A malls opened in 2023, which is the highest in seven years, The Economic Times (ET) reported…
• FirstCry Files DRHP with SEBI
  29 Dec 2023,indianretailer.com
  In a significant development, Brainbees Solutions Limited, the parent company of the Indian kids-focused brand, filed the DRHP with the Securities and Exchange Board of India (SEBI)…
• Will Rural India Steal the Major Slice in FMCG Retail Sales?s
  29 Dec 2023,indianretailer.com
  Indian brands in various categories are focusing their efforts on rural India with the goal of boosting their sales. Several Fast Moving Consumer Goods (FMCG) companies have not only increased their marketing budget for the rural audience, but are also actively improving their distribution channels…
• EKA Mobility Forges Alliance with Mitsui and VDL Groep to Propel India as a Global Hub for Sustainable Transportation
  29 Dec 2023,indianretailer.com
  EKA Mobility is excited to announce a strategic partnership with Mitsui and Co Ltd. (Japan) and VDL Groep (Netherlands), marking a significant milestone in shaping the future of the Indian automotive industry…
• Derma Co Unveils Innovative Ultra Light Zinc Mineral Sunscreen
  29 Dec 2023,indianretailer.com
  Derma Co, a pioneer in dermatologist-backed skincare solutions, introduces its latest breakthrough – the Ultra Light Zinc Mineral Sunscreen, setting a new benchmark for sun protection in the retail skincare market in India…
• McDonald’s India Introduces Kebab Rolls Starting at INR 139
  29 Dec 2023,restaurant.indianretailer.com
  The Kebab rolls can be purchased individually or as part of meal choices at specific McDonald’s stores located in the North and East regions…
• UK’s Pret A Manger Expands to Delhi NCR
  29 Dec 2023,restaurant.indianretailer.com
  Pret A Manger is renowned for its freshly prepared meals and organic coffee, has revealed its recent expansion into Delhi NCR…
• Kitchens@ Secures $65M in Series C Funding for Cloud Kitchen Expansion
  29 Dec 2023,restaurant.indianretailer.com
  The company mentioned that the acquisition would result in a combined yearly Gross Merchandise Value (GMV) of $65 million (approximately Rs 520 crore) for Kitchens@…
• Epigamia Adds Festive Flair to Retail with Ready-to-Eat Puddings and Luxe Milkshakes
  29 Dec 2023,indianretailer.com
  To enhance the festive season experience, Drums Food International’s leading brand, Epigamia, has recently introduced a novel category of ready-to-eat puddings and luxurious milkshakes, marking a noteworthy expansion into the retail sector…
• Bengaluru civic body seals Mantri Square mall over tax issue
  28 Dec 2023,realty.economictimes.indiatimes.com
  BBMP’s revenue officials sealed the main entrance of Mantri Square mall in Malle…
• Flipkart marketplace arm’s revenue jumps 42% to Rs 14,845 crore in FY23, loss narrows 9%
  28 Dec 2023,retail.economictimes.indiatimes.com
  Walmart-owned Flipkart runs its India business through various entities, and Flipkart Internet runs the marketplace where the firm earns its revenue in the form of seller commissions, advertising income, and other fees for seller services…
• ETRetailGIRS : Emerging Brands of Bharat | Pradeep Krishnakumar, Zouk
  28 Dec 2023,retail.economictimes.indiatimes.com
  Zouk’s Co-founder on building a sustainable brand in India…
• Miraj Cinemas eyes Rs 1,000 crore revenue in FY25-26
  28 Dec 2023,retail.economictimes.indiatimes.com
  This fiscal, the company will be investing more than Rs 100 crore to aid the expansion plans, and next fiscal also, it plans to invest another Rs 100 crore…
• IPO-bound FirstCry’s FY23 revenue doubles to Rs 5,632 crore; loss shoots up six times
  28 Dec 2023,retail.economictimes.indiatimes.com
  The public markets-bound firm had made operating revenue of Rs 2,401 crore in FY22 when it incurred a total loss of Rs 78.6 crore, according to regulatory filings sourced from business intelligence platform Tofler…
• New-age luggage brand Mokobara’s operating revenue grows four-fold in FY23, losses widen 78%
  28 Dec 2023,retail.economictimes.indiatimes.com
  Mokobara’s total expenses of about Rs 61 crore in FY23 is nearly three times higher than the Rs 16 crore it spent in FY22. The purchase of stock was the biggest expense component for Mokobara with Rs 29 crore spent in FY23 against Rs 17 crore in FY22…
• Nature’s Basket launches ‘Artisan Pantry’: Shashwat Goenka expects better Q3 performance, plans to open 2 more stores
  28 Dec 2023,financialexpress.com
  After entering into the luxury food retailing segment with the launch of Artisan Pantry in Phoenix Palladium Mall in Mumbai, Shashwat Goenka,…
• CLEAR Premium Water to acquire majority stake in KELZAI Volcanic Water
  28 Dec 2023,retail.economictimes.indiatimes.com
  KELZAI Volcanic Water will be exclusively distributed and marketed by CLEAR Premium Water’s parent company, Energy Beverages. The acquisition marks a momentous milestone for CLEAR Premium Water as we look towards expanding our product portfolio,” the company said in a statement…
• Industrial and logistics sector leasing to grow by 14% in 2024
  28 Dec 2023,retail.economictimes.indiatimes.com
  The industrial and logistics sector in India witnessed an absorption of 49.4 million sq ft in 2023, a 6.7% increase from 2022. Tier-I cities accounted for 75% of the absorption, while tier II and III cities contributed 25%. Demand is driven by manufacturing, retail, and third-party logistics sectors…
• Aiwa India invests Rs 20 crore to enter the washing machine segment
  28 Dec 2023,retail.economictimes.indiatimes.com
  “We will not be manufacturing the washing machines. We are expecting the ROI by the next festive season,” said Ajay Mehta, MD, Aiwa India…
• YearEnder 2023: The retail industry gets its booster dose
  28 Dec 2023,financialexpress.com
  As Covid-19 cases ceased, it was perhaps the retail sector which benefitted the most, as consumers returned to brick-and-mortar stores. Infact, experts believe that this year has been a turning point for the retail industry…
• India’s mall story gets a lot more interesting, expected to see investment of over Rs 20k cr in 3-4 years
  28 Dec 2023,m.economictimes.com
  Retail real estate industry is riding a boom in demand. More than 5 million square feet (msf) of grade A malls became operational in 2023 – the highest in seven years – and another nearly 8 msf is slated for completion in 2024, industry executives said…
• Mysore Saree Udyog Unveils Flagship Store in Hyderabad
  28 Dec 2023,indianretailer.com
  In a move emblematic of its commitment to preserving India’s rich textile heritage, Mysore Saree Udyog, a trailblazing ethnic wear brand, announces the inauguration of its new flagship store in Hyderabad’s Jubilee Hills…
• Top 10 Ethnic Wear Brands in India to Give a Charm to Your Wardrobe
  28 Dec 2023,indianretailer.com
  The world of fashion is a constantly evolving one, with trends coming and going at the blink of an eye. In India, ethnic wear holds a special place in the hearts of fashion enthusiasts, as it not only reflects our rich cultural heritage but also adds a touch of grace and elegance to our wardrobes…
• India’s Consumer Tech Sector to Soar 10% with Premiumization Surge in 2024
  28 Dec 2023,indianretailer.com
  The appliances and consumer electronics industry in the country is poised for an approximate 10 percent growth in 2024…
• McDonald’s India Collabs with Mondelez to Introduce Cadbury Gems-Topped Desserts
  28 Dec 2023,indianretailer.com
  McDonald’s India (West and South) has partnered with Mondelez to unveil a collection of indulgent desserts, marking a significant foray into the retail sector…
• Beauty Brands Reflect on a Year of Innovation & Growth in 2023, Unveiling Bold Plans for 2024
  28 Dec 2023,indianretailer.com
  As 2023 comes to a close, beauty brands are taking stock of a year marked by innovation, strategic collaborations, and significant growth. Sukhleen Aneja, CEO of Good Brands Co and Good Glamm Group, Shreedha Singh, Co-Founder of TAC – The Ayurveda Co…
• Simpli Namdhari’s Celebrates Kisan Diwas with Farmers’ Interaction Event
  28 Dec 2023,indianretailer.com
  In an endeavor to commemorate Kisan Diwas, Simpli Namdhari’s, a prominent 100 percent vegetarian omnichannel retailer, organized a distinctive event at its Hebbal and Yelahanka stores…
• U&i Unveils Affordable Wireless Speakers Catering to Diverse Audio Preferences
  28 Dec 2023,indianretailer.com
  U&i has introduced four budget-friendly wireless speakers, targeting individuals seeking economical entertainment options…
• HealthMug Partners with Bold Care, Aims to Transform Men’s Sexual Wellness
  28 Dec 2023,indianretailer.com
  In a significant move in the burgeoning sexual wellness industry in India, HealthMug, a leading e-commerce platform in the well-being sector, has joined forces with Bold Care, a prominent brand in men’s sexual health and wellness…
• Gaur Central Mall In Raj Nagar Celebrates 10 Years
  27 Dec 2023,rprealtyplus.com
  Gaur Central Mall in Raj Nagar celebrates a decade of retail excellence and to mark the festivities launched a 10 days Shopping Fiesta to thank its valued patrons and retail partners for their patronage and support in this eventful journey…
• Beyond milk and bread: How q-commerce is reshaping consumer habits
  27 Dec 2023,retail.economictimes.indiatimes.com
  Aman Gupta, co-founder and CMO, Boat in an email query said that by the end of fiscal year (FY25), the electronics company expects to reach roughly Rs 70 crore in gross revenue through transactions on platforms like Blinkit, Swiggy Insta, and Zepto…
• Inflation still persists in FMCG segments, companies expect volume recovery by next fiscal led by price cuts
  27 Dec 2023,retail.economictimes.indiatimes.com
  Prices of edible oils, which experienced significant inflation after the COVID-19 pandemic, have declined by 13-30% over the past year. However, prices of daily groceries and household products, including rice, soaps, and detergents, have seen marginal increases in 2022, according to a report by Bizom…
• India is one of our key growth markets: Cartier
  27 Dec 2023,retail.economictimes.indiatimes.com
  “Our priority is scaling up our existing online retail capabilities in India to complement our physical presence. We are keen on connecting with potential and current consumers around the country who are physically not as close to our boutiques in Delhi and Mumbai,”Gaetan Guillosson, MD, Cartier India said…
• Consumer durables industry expecting steady demand to continue in 2024
  27 Dec 2023,retail.economictimes.indiatimes.com
  Anticipating 2024, the consumer durables sector in India is poised for sustained growth, propelled by technological innovations, evolving consumer dynamics, and increased awareness of durable, energy-efficient appliances…
• We are witnessing double-digit YoY growth: Mars Petcare India MD
  27 Dec 2023,retail.economictimes.indiatimes.com
  Commenting on the growth of the pet care industry, he said that post-COVID, the category has moderated its pace. Adding to this, commodity inflation and currency fluctuations have impacted the industry, globally..
• Coca-Cola extends its partnership with ICC until 2031
  27 Dec 2023,retail.economictimes.indiatimes.com
  This eight-year partnership as a Global Partner of ICC, makes the collaboration as one of the largest-ever associations by ICC with a single brand, a total of 13 years (2019-2031), read the release. The official signing will take place at ICC’s headquarters…
• Haldiram’s Nagpur Introduces Chocolate Brand ‘Cocobay’ to Retail Market in India
  27 Dec 2023,indianretailer.com
  Haldiram’s Nagpur has unveiled its premium chocolate brand, ‘Cocobay,’ in the Indian market. Manufactured and marketed by the Haldirams Nagpur Group, Cocobay stands out as a premium chocolate line crafted from the finest and 100 percent original cocoa, combined with the world’s best ingredients…
• Startups write a $1.5-billion twist in winter’s tale
  27 Dec 2023,retail.economictimes.indiatimes.com
  December brings the highest monthly fundraise of 2023, though the annual total is the lowest in 7 years…
• Solidaridad Regional Expertise Centre and Council for Leather Exports sign MoU for upskilling Indian leather sector
  27 Dec 2023,retail.economictimes.indiatimes.com
  The Memorandum of Understanding (MoU), which was signed in Delhi today, will be effective from 1 January 2024 till 31 December 2028. “The MoU initiates a pivotal five-year partnership between SREC, a prominent not-for-profit organization established in the year 2008, and CLE, operating under the Ministry of Commerce and Industry, Government of India,” a media release stated…
• Happy New Year 2024: Wishes, Greetings & Brand Promotion Guides for Retailers
  27 Dec 2023,indianretailer.com
  As Happy New Year 2024 approaches, retailers are gearing up to make the most of the festive season and set the stage for a prosperous New Year…
• Boxing Day 2023 Advertising Hacks for Retailers: Unwrap Big Sales
  27 Dec 2023,indianretailer.com
  You may be thinking that advertising during the busy holiday season, particularly on Boxing Day 2023, is already a given for retailers. However, with the fierce competition and abundance of deals available, it’s crucial to strategize your brand’s advertising efforts to stand out and drive more sales…
• Revolutionizing Retail: India’s Eco-Conscious Brands Pave the Way to a Greener Tomorrow
  27 Dec 2023,indianretailer.com
  The government of India took a revolutionary step towards sustainability by introducing the Business Responsibility and Sustainability Report (BRSR)—a framework for environmental, social, and governance (ESG) reporting in the country by making it mandatory for listed companies to provide quantitative metrics on sustainability-related factors as of fiscal year 2023…
• Nebula by Titan Introduces Exclusive Range of 18 Carat Gold Watches
  27 Dec 2023,indianretailer.com
  Nebula by Titan introduces a collection of luxury watches crafted in solid 18 carat gold and adorned with precious stones, embodying authenticity and contemporary expression…
• Lapin House Makes India Debut with Les Petits Collab
  27 Dec 2023,indianretailer.com
  In a festive celebration of Christmas, Les Petits, the luxury fashion brand for kids, has introduced Lapin House in India. The collection, exclusively available on the Les Petits platform, beautifully captures the spirit of the season, presenting whimsical fashion that makes a statement…
• WoodenStreet Illuminates Indian Homes with Exclusive Light Street Launch
  27 Dec 2023,indianretailer.com
  WoodenStreet, a pioneering force in the furniture industry, is excited to unveil Light Street, a dedicated in-house brand focused on lighting and home decor…
• DS Group’s Confectionery Division Rings in Christmas with Quirky CGI Video
  27 Dec 2023,indianretailer.com
  Dharampal Satyapal Group’s (DS Group) confectionery division, DS Foods Limited, is embracing the festive spirit of Christmas with the launch of a Computer-Generated Imagery (CGI) video for Pulse…
• Easyrewardz Enhances Bata’s Global Retail Experience with Zence CRM Stack
  27 Dec 2023,indianretailer.com
  Easyrewardz, a leading end-to-end CLM and loyalty solution provider in South Asia, has announced the successful implementation of its “Zence” CRM solution stack for Bata, one of the largest global footwear brands…
• Unveiling the Top FMCG and Lifestyle Stories of 2023
  27 Dec 2023,indianretailer.com
  As we step into a new era, the Fast-Moving Consumer Goods (FMCG) and Lifestyle sectors stand at the forefront of transformation, reflecting the evolving preferences and behaviors of consumers…
• NavigatingDoT Mulls Delicensing 6GHz Spectrum to Pave the Way for Wi-Fi 7
  27 Dec 2023,indianretailer.com
  According to recent reports, the Department of Telecommunications (DoT) is contemplating the delicensing of the lower band of the 6GHz spectrum, potentially opening the doors for enhanced Wi-Fi connectivity in India…
• Sales of Indian wearables & hearables brands have jumped over three times in last three fiscals
  26 Dec 2023, retail.economictimes.indiatimes.com
  For instance, as per Counterpoint Research, the share of domestic manufacturing in smartwatch reached 82% in July-September as compared to just 4% a year ago. For the true wireless segment (TWS), the share of local manufacturing increased to 37% in the September quarter from 16% in the previous quarter…
• Puma, Decathlon, Adidas make a splash! Sports brands see sales gallop in last 2 years
  26 Dec 2023, retail.economictimes.indiatimes.com
  Brands such as Puma, Decathlon, Adidas, Skechers and Asics have all grown 35-60% year-on-year since FY21, posting combined revenues of ₹11,617 crore in FY23, according to regulatory filings sourced from the Registrar of Companies. Two years ago, these brands had sales of ₹5,022 crore put together. Demand for fitness wear and sports equipment for disciplines other than cricket grew as people prioritised health with the onset of Covid-19…
• D2C activewear brand BlissClub’s revenue jumps four-fold to Rs 68 crore; losses widen to Rs 36 crore in FY23
  26 Dec 2023, retail.economictimes.indiatimes.com
  Direct-to-consumer firm Blissclub, which focuses on selling long-lasting women’s apparel, also saw its operating revenue grow by 4.5 times to reach Rs 68 crore in FY23…
• LT Foods eyes bigger chunk of ready-to-cook meals, snacks
  26 Dec 2023, livemint.com
  Packaged foods company LT Foods, widely known for its Daawat brand of rice, is eyeing a greater share of business from convenience foods such as ready-to-cook meals and snacks, with an aim to generate revenues of ₹800 crore from them by 2028-29…
• India’s resilient economy seen expanding 6.7% in FY24
  26 Dec 2023, retail.economictimes.indiatimes.com
  “India’s growth has remained largely resilient in the face of external headwinds,” said Rahul Bajoria, managing director and head of EM Asia (ex-China) economics, Barclays. Last month’s release of second quarter numbers led to a spate of forecast revisions for the fiscal year. Ratings agency Fitch expects the economy to grow 6.9% in FY24, compared with 6.5% projected earlier…
• Xmas cheer boosts biz in city: Markets sizzle, traders hopeful
  26 Dec 2023, retail.economictimes.indiatimes.com
  Kerala celebrates festive Christmas season with streets, malls, churches, and shops adorned in colourful decorations. The Broadway market experiences an increase in customer footfall, particularly for cheap items sold by street vendors…
• Livpure looking to strengthen presence in the kitchen space
  26 Dec 2023, thehindubusinessline.com
  Livpure, known for appliances such as water purifiers, is looking to strengthen its presence in the overall kitchen space…
• FirstCry IPO: Sachin Tendulkar, Infosy founder and others likely to buy shares of e-commerce company ahead of issue
  26 Dec 2023, livemint.com
  Mother and child care e-commerce platform FirstCry, which is all set to hit Dalal Street in the upcoming year, has prompted SoftBank Vision Fund to divest a significant portion of its shares in advance…
• Navigating the Brand Licensing Landscape: Key Considerations for Licensors and Licensees
  26 Dec 2023,indianretailer.com
  In the fast-paced and hyper-competitive world of business, brands are continually searching for innovative ways to set themselves apart and extend their influence…
• RERA Record-Breaking 63% Surge In Project Registrations
  25 Dec 2023, retail.economictimes.indiatimes.com
  Since it was put into effect, RERA has been gaining increasing traction, particularly in terms of handling consumer complaints among various states and UTs…
• SoftBank fund sells more of its FirstCry stake ahead of IPO
  25 Dec 2023, retail.economictimes.indiatimes.com
  Family offices of Indian cricketer Sachin Tendulkar, Ravi Modi of ethnic wear brand Manyavar, Infosys cofounder Kris Gopalakrishnan, and TVS group family are among those buying into the company…
• RERA Record-Breaking 63% Surge In Project Registrations
  25 Dec 2023, retail.economictimes.indiatimes.com
  Since it was put into effect, RERA has been gaining increasing traction, particularly in terms of handling consumer complaints among various states and UTs…
• 
  

  FMCG industry expects double-digit growth in 2024

    25 Dec 2023, retail.economictimes.indiatimes.com
  Weaker-than-expected festive demand, rainfall deficit that hampered rural growth, unseasonal rains that dampened sale of beverages and higher commodity prices all together cooked a difficult-to-digest market recipe this year even though “green shoots” of recovery are becoming more visible…
• Mango to open 500 new stores globally by 2026
  25 Dec 2023, retail.economictimes.indiatimes.com
  Spanish fashion giant Mango has unveiled ambitious plans to establish 500 new stores by 2026, strategically targeting key markets like the United States, Canada, France, Italy, the United Kingdom, and India..
• Nike’s powerhouse labels loose footing against upstart brands – analysts
  25 Dec 2023, retail.economictimes.indiatimes.com
  The Air Jordan 1 shoe maker mainly blamed cautious consumer spending for the downbeat forecast on Thursday and laid out a $2 billion cost-saving program, signaling a shift in strategy to focus on profitability over sales growth…
• Signs of distress: Rich villages go easy on discretionary spending
  25 Dec 2023, retail.economictimes.indiatimes.com
  Two-wheelers are a necessity for getting around, while a four-wheeler is a distant dream for now, with hired cars catering to needs like family trips to nearby cities…
• Despite Urban Traction, Quick Comm has Places to Go Next Yr
  25 Dec 2023, retail.economictimes.indiatimes.com
  While executives in the industry said that the public demand for quick commerce had been established, especially in urban and high-population-density areas, the key task in 2024 would be to improve profitability and experiment with various categories as well as sale events…
• Consumer companies see demand back on track from March-April
  25 Dec 2023, retail.economictimes.indiatimes.com
  Consumer goods companies were earlier expecting demand to recover in the December quarter. While that hasn’t materialised, chief executives said slowdown in consumption has come to a halt and that sales of mass-segment products are picking up after a gap of over three years. While volume growth for the fast-moving consumer goods (FMCG) industry in urban India has been on a positive trajectory since April-June last year, rural markets have grown marginally this calendar year, according to market researcher NielsenIQ…
• Not so ‘Super’ Saturday: Retailers dangle fewer discounts for inflation-weary shoppers
  25 Dec 2023, retail.economictimes.indiatimes.com
  Retailers could potentially adjust their discounts in a bid to entice price-sensitive shoppers in the days before Christmas. But so far, “what’s interesting this year is that even though we’re in a promotional environment, the promotions haven’t been very deep,” said Jessica Ramirez, a senior research analyst for Jane Hali & Associates…
• Indian consumers’ growing aspirations driving retail expansion of premium brands
  25 Dec 2023, thehindubusinessline.com
  Premium apparel and footwear brands are looking to scale up their retail footprint, especially in smaller cities and towns, to tap into robust demand trends supported by the growing aspirations of Indian consumers…
• Miraj Cinemas Expands Footprint with New Multiplex at Ansal Plaza, Ghaziabad
  25 Dec 2023, indianretailer.com
  Miraj Cinemas proudly announces the inauguration of its latest cinematic venture on the 2nd floor of Ansal Plaza at Vaishali, Ghaziabad, in the national capital region of India…
• Zigly Enhances Pet Care Landscape in Jaipur with Tech-Driven Retail Expansion
  25 Dec 2023, indianretailer.com
  Zigly has made its foray into the Jaipur market by unveiling its first experience center in Vaishali Nagar. Spanning 1428 sq. ft., the new store, strategically located at Plot no 273, Ground Floor, Gom Defence, Khatipura Road, Jaipur, offers comprehensive vet services alongside pet spa and grooming facilities…
• Madras Mandi Expands Culinary Horizon with Fifth Store in Chennai’s Neelankarai
  25 Dec 2023, indianretailer.com
  Madras Mandi, a prominent name in the fresh produce industry and a cherished online farmers’ market in Chennai, proudly announces the opening of its fifth store in Neelankarai, Chennai…
• Haldiram’s Nagpur Introduces Chocolate Brand ‘Cocobay’ to Retail Market in India
  25 Dec 2023, indianretailer.com
  Haldiram’s Nagpur has unveiled its premium chocolate brand, ‘Cocobay,’ in the Indian market. Manufactured and marketed by the Haldirams Nagpur Group, Cocobay stands out as a premium chocolate line crafted from the finest and 100 percent original cocoa, combined with the world’s best ingredients…
• Friday Feeling Elevates Skincare with Siriusly Brightening Serum
  25 Dec 2023, indianretailer.com
  Friday Feeling, the indigenous Skincare Essentials brand, proudly unveils its latest skincare offering – the Siriusly Brightening Serum…
• RERA Record-Breaking 63% Surge In Project Registrations
  23 Dec 2023, rprealtyplus.com
  Since it was put into effect, RERA has been gaining increasing traction, particularly in terms of handling consumer complaints among various states and UTs…
• Pune civic body seeks fire audits at malls, commercial firms
  23 Dec 2023, realty.economictimes.indiatimes.com
  “The administration has issued directives to shopping malls. They have been told to take precautions against fire safety. We have a system in place for checking if these facilities are in place or not,” said Devendra Potphode, head of the PMC’s fire brigade department…
• Greater Noida: Rs 2 crore dues not cleared, movie theatre sealed in Grand Venice Mall
  23 Dec 2023, realty.economictimes.indiatimes.com
  Ankit Kumar, the Sadar SDM, said while Rera had issued three recovery certificates against Bhasin Infotech and Infrastructures Ltd – the developer of the mall – the consumer forum slapped one…
• About 3 lakh new sellers joined Amazon in 2023: Country Manager Manish Tiwary
  23 Dec 2023, retail.economictimes.indiatimes.com
  In addition to the significant jump in seller base, Tiwary highlighted that Amazon witnessed its biggest-ever Prime Day and the Great Indian Festival this year…
• Ministry of Rural Development signs MoU with Reliance JioMart
  23 Dec 2023, retail.economictimes.indiatimes.com
  The Ministry of Rural Development has entered into a Memorandum of Understanding (MoU) with Reliance Retail’s JioMart to facilitate the outreach of products from Self-Help Groups (SHGs). The collaboration aims to onboard SHGs from the Deendayal Antyodaya Yojana National Rural Livelihoods Mission as sellers on the JioMart e-commerce platform, providing them with an opportunity to expand their market and visibility…
• As year ends, apparel retailers flash sale signs to lure buyers
  23 Dec 2023, retail.economictimes.indiatimes.com
  The fashion retail segment has been struggling with a demand slowdown since January this year due to inflationary headwinds. The overall growth slowed down to 6% in both March and April, according to the RAI, indicating the slowest sales expansion in more than 14 months and increasing marginally to 9% in August and September…
• Electronic items see higher sales this festive season on discounts and financing options
  23 Dec 2023, retail.economictimes.indiatimes.com
  During this festive season, offline sales of televisions, smartphones, laptops, refrigerators, and air conditioners have shown significant growth compared to the previous year, according to data from sales tracker GfK. GfK attributes this growth to strategic discounts, promotional offers, cashback, and consumer finance options by brands…
• Domestic jewellery consumption to grow at 10-12%: ICRA
  23 Dec 2023, retail.economictimes.indiatimes.com
  “ICRA’s sample set of 14 large jewellers, which account for ~70% of the organised market, is projected to record a healthy revenue expansion of 15-18% YoY in FY2024 on the back of their planned retail expansions and a gradual shift in consumer preferences towards branded jewellers,” said Sujoy Saha, vice president and sector head, ICRA…
• Meesho reports 14 cr customer transactions in 2023, 80% orders from tier 2 and beyond
  23 Dec 2023, retail.economictimes.indiatimes.com
  The home decor category recorded a year-on-year growth of 60 per cent, while the beauty and personal care segment grew by 40 per cent…
• Varun Beverages: India’s bottling baron Ravi Jaipuria has found more fizz this year
  23 Dec 2023, retail.economictimes.indiatimes.com
  Since 1991, when PepsiCo entered India and Varun Beverages started working with it, the company has come a long way to bottle all the Pepsi that India drinks today, growing by acquiring other bottlers as well as bagging more territories from PepsiCo…
• Organised F&G retailer revenue to grow in mid-teens next fiscal: Crisil
  23 Dec 2023, retail.economictimes.indiatimes.com
  Continued healthy demand and expansion in under-penetrated Tier II and III cities will help organised brick-and-mortar food and grocery (F&G) retailers log a strong revenue growth of 14-15% in fiscal 2025 despite fierce competition from quick commerce channels…
• Procrastinators in focus for retailers as the holiday season shopping nears the finish line
  23 Dec 2023, retail.economictimes.indiatimes.com
  Retail analysts expect overall sales will grow at a slower pace than last year and there is concern over how shoppers are paying for things. More are using “buy now, pay later plans this holiday season. Adobe Analytics predicts a nearly 17% surge this season…
• Zigly Enhances Pet Care Landscape in Jaipur with Tech-Driven Retail Expansion
  23 Dec 2023, indianretailer.com
  Zigly has made its foray into the Jaipur market by unveiling its first experience center in Vaishali Nagar. Spanning 1428 sq. ft., the new store, strategically located…
• MiniKlub Expands Retail Footprint with a New Kidswear Haven in Bhatinda
  23 Dec 2023, indianretailer.com
  MiniKlub, India’s leading kidswear brand, is pleased to announce the grand opening of its latest retail venture in Bhatinda…
• PDS Limited’s Subsidiary Expands Global Manufacturing Footprint with Stake Acquisition in Nobleswear
  23 Dec 2023, indianretailer.com
  PDS Limited announces a significant stride in its global expansion strategy as its subsidiary, Norlanka Manufacturing Limited, acquires a 26 percent stake in Nobleswear Private Limited, a specialized children’s wear manufacturer based in Sri Lanka…
• Strategic Brilliance: Mango’s 2024-2026 Plan Unveils Vision for Innovation and Global Expansion
  23 Dec 2023, indianretailer.com
  Founded in Barcelona in 1984 by Isak Andic, Mango has evolved over four decades into a global fashion powerhouse, solidifying its position as one of Europe’s leading fashion groups…
• Surya Sarees Marks World Saree Day with a Tapestry of Tradition and Modernity
  23 Dec 2023, indianretailer.com
  In a joyous celebration of World Saree Day, the House of Surya, boasting a rich seven-decade legacy, paid homage to the essence of femininity, simplicity, and mastery embodied in its timeless weaves…
• Hyundai Motor India Teams Up with Red Bull for First-Ever Urban Downhill Adventure in Mizoram
  23 Dec 2023, indianretailer.com
  In a groundbreaking collaboration, Hyundai Motor India and Red Bull have announced their partnership for the inaugural Red Bull Urban Downhill, a high-speed mountain biking event set to take place in Aizwal, Mizoram, in March 2024…
• Friday Feeling Elevates Skincare with Siriusly Brightening Serum
  23 Dec 2023, indianretailer.com
  Friday Feeling, the indigenous Skincare Essentials brand, proudly unveils its latest skincare offering – the Siriusly Brightening Serum…
• ONDC Gains Strategic Leadership with Appointment of Anjani K. Jajodia as VP for Project Management
  23 Dec 2023, indianretailer.com
  Open Network for Digital Commerce (ONDC), an initiative by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, has welcomed Anjani K. Jajodia as the Vice President for Project Management…
• Boddess Beauty Forges Cinematic Alliance with Netflix Film “Kho Gaye Hum Kahan”
  23 Dec 2023, indianretailer.com
  Boddess Beauty, India’s leading multi-brand retail platform, proudly reveals its collaboration as the official brand partner for the highly anticipated Netflix film “Kho Gaye Hum Kahan” by Excel Entertainment and Tiger Baby, featuring Ananya Panday, Siddhant Chaturvedi, and Adarsh Gourav…
• Should Year 2024 be considered for Small Restaurant Biz
  23 Dec 2023, irecwire.com
  As we usher in the year 2024, the culinary landscape is set to undergo a significant transformation with a surge in small-size restaurants that offer limited but niche and unique offerings…
• Zomato Refutes Acquisition Talks with Shiprocket Amidst Rumors
  23 Dec 2023, restaurant.indianretailer.com
  Zomato’s CEO, Deepinder Goyal, dismissed reports of a $2 billion acquisition offer for Shiprocket, affirming that the company currently isn’t considering any acquisition…
• United Telegu Kitchen (UTK) Brings Culinary Legacy to Bangalore
  23 Dec 2023, restaurant.indianretailer.com
  This expansion beyond Telangana and Andhra Pradesh signifies a major step, introducing genuine and traditional flavors to Bangalore’s culinary scene…
• Hyatt Premieres in Bihar with Hyatt Place Bodh Gaya
  23 Dec 2023, restaurant.indianretailer.com
  The hotel’s simplistic design aims to cultivate a serene environment and the property boasts proximity to famed landmarks like the UNESCO World Heritage site, Mahabodhi Temple, and the iconic Bodhi tree…
• SOL and Siddartha Tytler Unveil ‘Unchained’: A Fusion of Fashion and Fragrance
  23 Dec 2023, indianretailer.com
  SOL, the revolutionary fragrance brand initiated by Indian pop icon Zaeden, proudly introduces ‘Unchained,’ the highly anticipated addition to their prestigious fragrance collection…
• Indian Real Estate Receives $3.0 Bn PE Investments In 2023
  22 Dec 2023, rprealtyplus.com
  Knight Frank India, leading international property consultancy, in its latest report cited that Indian real estate market received private equity (PE) investments of USD 3.0 billion (bn) from 23 deals in 2023 (January 01, – December12, 2023)…
• Ajio set to become Reliance Retail’s first profitable online venture
  22 Dec 2023, retail.economictimes.indiatimes.com
  Reliance had started Ajio in 2017. Ajio reduced marketing cost with five different storefronts for each consumer class. It lined up 4,000 stock points for last-mile fulfilment, including Reliance Retail’s nearest store for delivery, which brought down logistic cost at the operational level. Also, return rates reduced to around 28% of orders from 35-36% earlier…
• Arvind Fashions aims to become zero-debt co in two years; piloting new format
  22 Dec 2023, retail.economictimes.indiatimes.com
  Arvind Fashions, which sells Arrow, Tommy Hilfiger and Calvin Klein, plans to be debt-free in 2 years. With more money coming in and expanding through franchises, the company aims to eliminate its Rs 300 crore debt, previously reported as Rs 476 crore…
• Beauty brand Plum’s FY23 revenue rises 71% to Rs 322 crore
  22 Dec 2023, retail.economictimes.indiatimes.com
  The Mumbai-based firm had reported total revenue of Rs 188.1 crore for 2021-22, with product sales on its platform contributing the majority of the income. Its operating revenue increased 67.8% year-on-year to Rs 309 crore…
• ONDC operational in over 500 cities, towns
  22 Dec 2023, retail.economictimes.indiatimes.com
  “ONDC is currently operational in more than 500 cities and towns across India,” Minister of State for Commerce and Industry Som Parkash said in a written reply to the Lok Sabha. All existing laws and regulations of India, related to e-commerce, are applicable to ONDC and the network participants on the ONDC network…
• Indian apparel industry aims to show wares in Australia, UK, US after Dubai
  22 Dec 2023, retail.economictimes.indiatimes.com
  “It is time to expose to the international and global market and we felt we should begin with the international market, where the Indian diaspora is in large numbers,” Mehta said…
• Nike cuts sales view on choppy demand, outlines $2 bln savings plan
  22 Dec 2023, retail.economictimes.indiatimes.com
  The company said it was seeking $2 billion in savings over the next three years through steps including tightening the supply of some products, improving its supply chain, reducing management layers and increasing the use of automation…
• UK’s Frasers strengthens luxury offer with MATCHES buy
  22 Dec 2023, retail.economictimes.indiatimes.com
  Frasers said on Wednesday the deal will further develop its so-called “elevation strategy”, which is taking the business more upmarket. The strategy involves investments in flagship stores and in online operations, and the strengthening of ties with brands such as Nike, Adidas, The North Face and On Running…
• Bisleri ropes in Deepika Padukone as its brand ambassador
  22 Dec 2023, thehindubusinessline.com
  Bisleri, India’s leading mineral water brand, has roped in Deepika Padukone as its first-ever global brand ambassador and feature in the new campaign Bisleri #DrinkItUp…
• PVR Inox opens 3-screen multiplex in Gurugram
  22 Dec 2023, thehindubusinessline.com
  PVR Inox has launched its 14th multiplex in Gurugram, Haryana. The 3-screen multiplex is located in IRIS Broadway, Sector 85, on NH-8, Dwarka Expressway. The screens are equipped with the latest technology, including a 4K Laser Projection System providing razor-sharp visuals, 7.1 Dolby sound and 3D view powered by Volfoni…
• Retailers anticipate double-digit sales in festive season, see 7% growth instead
  22 Dec 2023, retail.economictimes.indiatimes.com
  Retail sales in October and November 2023 grew by only 7% compared to the same period in 2022, despite the festive season, according to a survey by the Retailers Association of India (RAI). Many retailers faced muted footfalls, and sales were similar to the previous year. The growth varied across regions, with East India signaling an 11% growth, South India 7%, North India 6%, and West India 5%…
• Dream Theatre eyes $5 million in retail sales from Maradona-branded merchandise
  22 Dec 2023, retail.economictimes.indiatimes.com
  The company has secured the rights to launch the Maradona Consumer Products programme in India from Podium Icons, a division of Podium Brands Group in the UK…
• Mysore Saree Udyog Expands Heritage Presence with Flagship Outlet in Hyderabad
  22 Dec 2023, indianretailer.com
  Mysore Saree Udyog, a trailblazer among India’s ethnic wear brands, renowned for its rich legacy in Bangalore, announces the inauguration of its flagship outlet in Hyderabad…
• MARS Cosmetics Expands Presence with Second Kiosk at Pacific D21 Mall in Dwarka
  22 Dec 2023, indianretailer.com
  In a notable move, innovative cosmetic brand MARS Cosmetics is pleased to announce the opening of its second kiosk at Pacific D21 Mall in Dwarka…
• 5 Biggest Shopping Malls in the World
  22 Dec 2023, indianretailer.com
  Shopping malls have become more than just places to shop. They’re entertainment hubs, social centers, and even tourist destinations…
• Malabar Gold and Diamonds Forges Sustainable Partnership with Rand Refinery for Traceable Gold Sourcing
  22 Dec 2023, indianretailer.com
  In a strategic move towards sustainable and ethical business practices, Malabar Gold and Diamonds, a prominent jewellery retailer, has entered into a partnership with Rand Refinery, a leading gold and silver refiner…
• India’s Retail Market Expected to Reach $1.41 tn by 2026
  22 Dec 2023, indianretailer.com
  India’s consumer industry is witnessing massive transformation and is set to become the world’s third-largest by 2027, only behind the US and China. Being one of the world’s largest retail markets, India is expected to reach $1.41 trillion by 2026…
• SOL and Siddartha Tytler’s ‘Unchained’ Sets a New Standard in Fragrance
  22 Dec 2023, indianretailer.com
  SOL is excited to reveal the debut of ‘Unchained,’ the much-anticipated addition to its esteemed fragrance collection. This unique variant emerges from the dynamic collaboration between SOL and renowned fashion designer Siddartha Tytler, establishing a new benchmark in the convergence of olfactory artistry and style…
• Most Common Retail Abbreviations & Acronyms
  22 Dec 2023, indianretailer.com
  KPI stands for Key Performance Indicator. In retail, KPIs are like your dashboard gauges, telling you how your store is performing in key areas. They help you track progress towards your goals and identify areas for improvement…
• Enrico Eyewear Bags Rs 2.1 cr in Pre-Seed Funding Led by 100X.VC
  22 Dec 2023, indianretailer.com
  Enrico Eyewear has successfully raised Rs 2.1 crore in a pre-seed funding round, spearheaded by 100X.VC, which stands as the brand’s inaugural institutional investor. Following the 100X.VC pitch day, the company garnered additional investments from prominent angel investors…
• FREAKINS Ignites Fashion Frenzy with The Rebel Kid, Apoorva Makhija
  22 Dec 2023, indianretailer.com
  FREAKINS, the pioneering GenZ e-commerce brand, is excited to reveal its dynamic collaboration collection with Apoorva Makhija, the prominent GenZ influencer known as The Rebel Kid…
• Gauri Khan Joins Forces with Grandmama’s Café Founders for Stunning Redesign
  22 Dec 2023, restaurant.indianretailer.com
  The collaboration between Gauri Khan and Grandmama’s Cafe was innovatively envisioned and brought to life by Bottomline Media, led by Tanaaz Bhatia…
• V&RO Hospitality Launches Badmaash with Mouni Roy in Lower Parel
  22 Dec 2023, restaurant.indianretailer.com
  Badmaash’s food menu is a fusion of Indian classics infused with diverse influences. It celebrates street food, regional specialties, home-style delicacies, and global inspirations with a spicy twist, embodying a modern essence to redefine Indian cuisine…
• Ministry of Appetite Launches in Noida
  22 Dec 2023, restaurant.indianretailer.com
  The menu offers a selection of favorites, notably showcasing dishes like Butter Paneer and Butter Chicken and many more…
• Escaro Royale’s Crafted Fur Boots Hit the Scene
  22 Dec 2023, indianretailer.com
  Escaro Royale, a symbol of opulence and skilled artistry, unveils its latest addition to the Winter Collection – the Handpainted Handpatinaed Fur Boots featuring ankle-length fur boots constructed with Blake stitch…
• Dream Theatre Secures Rights for Maradona Consumer Products Program in India
  22 Dec 2023, indianretailer.com
  Dream Theatre has successfully acquired the Maradona Consumer Products program rights from Podium Icons, a division of Podium Brands Group in the UK. Podium Icons, having exclusively acquired the master licensor rights from Sattvica SA, the Argentine company…
• Moriah Elizabeth Teams Up with Bonkers Toys to Introduce Mystery Plush Series to Mass Retail
  22 Dec 2023, indianretailer.com
  Social media personality Moriah Elizabeth has joined forces with Bonkers Toys to introduce the Moriah Elizabeth 6-inch Mystery Plush Series 1, inspired by her enchanting characters that have captured the hearts of millions…
• CapitaLandIndia’s Flipkart to get $600 mln from Walmart under new fundraise
  22 Dec 2023, reuters.com
  BENGALURU, Dec 21 (Reuters) – Indian e-commerce firm Flipkart’s biggest shareholder Walmart (WMT.N) is set to infuse about $600 million in a new fundraise for the startup, a Flipkart spokesperson said on Thursday…
• Libas Unveils Plan to Open 100 Stores in the Next Year
  22 Dec 2023, indianretailer.com
  Libas, a second-generation brand with a rich history in various businesses, initially thrived with an offline store and successful export ventures. However, around 2012, the business faced challenges and began to decline…
• RUNWAL GROUP UNVEILS CHRISTMAS-THEMED BRAND FILM
  21 Dec 2023, rprealtyplus.com
  Embracing the True Spirit of the Season, Runwal Group unveils their brand-new film which brings alive a wonderful story about Christmas magic…
• Kalpataru group company raises Rs 525 crore to complete 10 Mumbai towers
  21 Dec 2023, realty.economictimes.indiatimes.com
  Asia Pragati Strategic Investment Fund, managed by PAG, provided the debt facilities in two tranches in the form of non-convertible debentures (NCD). The funds were raised at an internal rate of return (IRR) of 18.75%, the people said…
• Blackstone exits Embassy REIT; sells entire 23.5% stake for Rs 7,100 crore
  21 Dec 2023, realty.economictimes.indiatimes.com
  Embassy Office Parks REIT is India’s first Real Estate Investment Trust (REIT) sponsored by global investment firm Blackstone and Bengaluru-based realty firm Embassy group. It got listed in 2019 after raising around Rs 5,000 crore through public issue…
• FMCG companies use tech to fill up stocks at Q-Comm partners
  21 Dec 2023, retail.economictimes.indiatimes.com
  FMCG giants such as Nestle, ITC, Parle Products, LT Foods, and Coca-Cola are adopting real-time data exchange and demand forecasting to prevent stock-outs at quick-commerce (Q-comm) platforms like Blinkit, Swiggy Instamart, BBNow, and Zepto…
• Our business changes as the society and the kitchens of India change: Rohit Kapoor, Swiggy
  21 Dec 2023, retail.economictimes.indiatimes.com
  “I keep repeating to my team that we are very small right now. I remember speaking to a one of the entrepreneurs who started a samosa business and she mentioned to me there are a few crore samosas sold in India every day. If I look at my platform today, we are not even scratching the surface there.”..
• Youth, small-town consumers drive sales of used luxury items
  21 Dec 2023, retail.economictimes.indiatimes.com
  The resale market for luxury items is booming in India, driven by the aspirations of young consumers in tier-II and tier-III markets. Despite a global luxury goods market slowdown, Luxepolis, an online marketplace claiming a user base of 3.5 million, experienced over 80% sales growth this year…
• DOMS would like to maintain EBITDA margins at 15-16% across categories: CFO
  21 Dec 2023, retail.economictimes.indiatimes.com
  “We will first want to focus on growth in terms of top line and margins will take care of themselves. With a lot of operating efficiencies coming in, margin should take care of itself but we follow our mantra of “nothing at the cost of market and nothing at the cost of margin. So we will balance both together.”..
• Pilgrim reports four-fold jump in revenues in FY23 but losses soar
  21 Dec 2023, retail.economictimes.indiatimes.com
  In the fiscal year 2022-23, Pilgrim, a direct-to-consumer personal care brand, reported a significant increase in operating revenue, soaring to Rs 76.46 crore from Rs 16.89 crore in FY22. However, the net loss more than tripled to Rs 23.06 crore due to higher expenses, reaching Rs 99.95 crore in FY23, notably from increased marketing expenses…
• GenAI smartphones to capture 40% of global market by 2027, says report
  21 Dec 2023, retail.economictimes.indiatimes.com
  Generative artificial intelligence (GenAI) is poised to impact the smartphone industry, with handsets featuring on-device GenAI capabilities projected to exceed 100 million shipments in 2024 and reach 552 million units by 2027, accounting for 40% of the global market, according to a report by Counterpoint Research. Samsung is expected to capture half of the GenAI market in 2026, followed by Chinese brands like Xiaomi, Vivo, Honor, and Oppo…
• Sportswear brand ASICS to open 50 new stores
  21 Dec 2023, retail.economictimes.indiatimes.com
  “India is a crucial market for us and with the changing consumer landscape we see a huge potential with new and emerging demand for sports across different regions in India,” said Yasuhito Hirota, President, CEO and COO, Asics…
• Tata Consumer to expand range of innovative products
  21 Dec 2023, thehindubusinessline.com
  Tata Consumer Products’ Indian foods business saw a 16 per cent growth in revenue and a 6 per cent volume growth in Q2…
• Mumbai Duty-Free introduces White Glove Services
  21 Dec 2023, retail.economictimes.indiatimes.com
  Avishek Das, CEO of Mumbai Duty-Free said Mumbai Duty Free has curated an ‘unparalleled’ and ‘seamless’ White Glove Services. The services will prioritize a counter dedicated to enhancing convenience, by eliminating the need to endure long queues and making effortless payments for a seamless shopping experience…
• Home decor brand Nestroots raises Rs 3 cr in pre-seed funding
  21 Dec 2023, retail.economictimes.indiatimes.com
  The funding was led by Beyond Seed Singapore with the participation of Arjun Vaidya, Marquee D2C investor. The funding will be used to enhance the brand’s online presence along with its expansion in the global market of US, Canada and UAE in the next 5 years, read the release…
• Nestroots Bags Rs 3 cr Funding to Fuel Home Decor Expansion and Global Foray
  21 Dec 2023, indianretailer.com
  Nestroots, a prominent new age home decor and lifestyle brand, has successfully raised a fund of Rs 3 crore led by BeyondSeed Singapore, with investment expertly handled by Bestvantage Investments…
• CapitaLand India Acquires Industrial Facilities At Mahindra World City
  21 Dec 2023, retail.economictimes.indiatimes.com
  CapitaLand India Trust Management Pte. Ltd., the Trustee Manager of CapitaLand India Trust (“CLINT”) has completed the acquisition of Casa Grande – Phase 2…
• Madras Mandi Expands Culinary Horizon with Fifth Store in Chennai’s Neelankarai
  21 Dec 2023, indianretailer.com
  Madras Mandi, a prominent name in the fresh produce industry and a cherished online farmers’ market in Chennai, proudly announces the opening of its fifth store in Neelankarai, Chennai…
• Coach Makes Gujarat Debut with ‘Coach Ahmedabad’
  21 Dec 2023, indianretailer.com
  Coach has announced the opening of Coach Ahmedabad, marking the first Coach store in Gujarat. Situated in Palladium Ahmedabad, the store seamlessly blends Coach’s heritage design language with a contemporary and expressive spirit, offering an elevated and immersive retail experience…
• Jaypore Expands Indian Craftsmanship Narrative with New Dwarka Store
  21 Dec 2023, indianretailer.com
  Jaypore, the celebrated artisanal lifestyle brand under Aditya Birla Fashion and Retail Limited (ABFRL), has unveiled its latest retail addition in Dwarka, Delhi, marking the 24th store in Jaypore’s expansive network…
• ASICS Unveils Ambitious Retail Expansion Plans, Targets 50 New Stores by 2025
  21 Dec 2023, indianretailer.com
  Japanese sports performance brand ASICS is gearing up for significant expansion in India with the goal of adding 50 new stores by 2025, marking a decade of its independent presence in the country…
• The Love Co. Ventures into Retail in Strategic Partnership with WHSmith
  21 Dec 2023, indianretailer.com
  The Love Co. proudly announces its foray into the retail sector through a strategic partnership with WHSmith, a renowned international entity with a broad presence in various locations across India and beyond…
• Pee Safe Unveils Portable Jet Spray for On-the-Go Personal Hygiene
  21 Dec 2023, indianretailer.com
  Wellness and hygiene startup Pee Safe has unveiled its latest offering, the Pee Safe Portable Jet Spray—a cost-effective and travel-friendly solution for maintaining personal hygiene…
• Kaya Clinic and ThriveCo Unite in Strategic Alliance to Redefine Hair and Bodycare Solutions
  21 Dec 2023, indianretailer.com
  In a significant move, Kaya Clinic, a leading name in advanced skin, hair, and bodycare, proudly announces a strategic collaboration with ThriveCo, a premier evidence-based cosmeceutical brand…
• Brand Studio Lifestyle Expands Global Footprint, Enters Middle East E-commerce Market
  21 Dec 2023, indianretailer.com
  Brand Studio Lifestyle (BSL), a prominent fashion company based in Bangalore with a diverse portfolio featuring popular brands like Highlander, Tokyo Talkies, Vishudh, Ketch, and Locomotive, has unveiled its strategic expansion into the Middle East e-commerce market…
• Myntra Expands International Retail Portfolio with Parfois, Offers Trendy Women’s Accessories
  21 Dec 2023, indianretailer.com
  Myntra has confirmed the inclusion of the global women’s fashion accessories brand, Parfois, in its diverse international brands lineup, signaling a strategic move in the Indian retail market…
• Reliance Jewels: Illuminating 400+ Stores across India with Design Brilliance
  21 Dec 2023, irecwire.com
  Reliance Jewels has not just adorned but defined its presence with over 400 stores across India. In an exclusive candid interview, Sunil Nayak, CEO, Reliance Jewels shared his insights into the guiding principles, trendsetting strategies, commitment to sustainability, customer-centric approach, and exciting future developments of the brand…
• Being Human Clothing to Unveil Metaverse Store for Virtual Fashion Exploration
  21 Dec 2023, irecwire.com
  In the dynamic landscape of the fashion industry, Being Human stands out as a brand that seamlessly blends style with purpose. Under the leadership of its visionary team, the company has embarked on a transformative journey, not only redefining fashion but also contributing to sustainability initiatives and expanding its global footprint…
• How Culinary Scene is Taking Off at Indian Airports
  21 Dec 2023, irecwire.com
  Airports across India are now increasingly home to a variety of F&B outlets, shifting focus from traditional retail to more diverse and sophisticated food options…
• Ministry of Appetite Launches in Noida
  21 Dec 2023, restaurant.indianretailer.com
  The menu offers a selection of favorites, notably showcasing dishes like Butter Paneer and Butter Chicken and many more…
• Novotel Guwahati Unveils Renovated Sky Rooftop with Skye Restaurant
  21 Dec 2023, restaurant.indianretailer.com
  The restaurant is operating exclusively during dinner hours that has a vibrant show kitchen showcasing an array of Kebabs & Burgers, Pizzas, and Continental delights..
• Bawri Introduces Authentic Indian Cuisine in Mumbai’s BKC
  21 Dec 2023, restaurant.indianretailer.com
  The menu is a tapestry of Chef Amninder’s heritage which encompasses recipes and flavors from diverse regions of India. Prioritizing locally sourced produce and traditional cooking methods…
• Spice Lounge, Master Franchisee of Buffalo Wild Wings Raises $1 Million
  21 Dec 2023, retail.economictimes.indiatimes.com
  With its recent funding, Spice Lounge has swiftly inaugurated two new outlets, including its latest venture nestled in South Bangalore at the Falcon City Mall. These openings signify the brand’s dedication to bringing its signature flavours…
• Ferns N Petals Enters into F&B Segment; Launches ‘The U Kitchen’
  21 Dec 2023, restaurant.indianretailer.com
  The U Kitchen is gearing up for a transformative impact on the catering scene, aiming to efficiently serve more than 10,000 guests simultaneously by the end of December 2023…
• CapitaLand India Acquires Industrial Facilities At Mahindra World City
  20 Dec 2023, rprealtyplus.com
  CapitaLand India Trust Management Pte. Ltd., the Trustee Manager of CapitaLand India Trust (“CLINT”) has completed the acquisition of Casa Grande – Phase 2…
• Prestige Group To Enter Pune Residential Market
  20 Dec 2023, rprealtyplus.com
  The Prestige Group plans to enter the Pune real estate market in 2024 by launching 1 million square feet of residential units with revenue potential of Rs 750 crore to Rs 1,000 crore…
• Blackstone to sell $833 million stake in Embassy REIT
  20 Dec 2023, realty.economictimes.indiatimes.com
  Blackstone will sell 223.6 million units of Embassy REITs, in one of the biggest block deals this year, at a 7.7% discount to 335.75 rupees per unit price as of Dec. 19, according to the term sheet. The units will be sold via block deals in the secondary market…
• RIL pays Rs 254 cr to Metro for using its brand name in India
  20 Dec 2023, retail.economictimes.indiatimes.com
  Last December, Reliance Retail Ventures, a unit of RIL, bought Metro Cash & Carry India for a total cash consideration of ₹2,850 crore. The deal included all 31 wholesale stores and the entire real estate portfolio of six store locations. The sale was completed in May 2023…
• Domino’s focuses on quality, speed to trump local rivals
  20 Dec 2023, retail.economictimes.indiatimes.com
  Domino’s Pizza in India, operated by Jubilant FoodWorks (JFL), is intensifying its efforts to address growing competition from gourmet pizzerias and regional pizza players. To counter the competition, Domino’s is introducing new premium cheese varieties, toppings, and sauces for its gourmet range. The company is also increasing sampling of gourmet pizzas in its top-10 markets. ..
• Jubilant FoodWorks appoints Suman Hegde as executive vice-president and chief financial officer
  20 Dec 2023, retail.economictimes.indiatimes.com
  ​​ The board of JFL, in its meeting held on Tuesday, approved the appointment of Hedge, who is presently working with the leading FMCG maker Hindustan Unilever as Vice President of Finance – Beauty, Wellbeing & Personal Care, South Asia…
• Vivo India back in the black in FY23, reports Rs 211-cr net profit
  20 Dec 2023, retail.economictimes.indiatimes.com
  The smartphone brand, India’s third largest by sales, reported a net profit of ₹211 crore for FY23, as per its recent filings with the Registrar of Companies (RoC), after reporting a net loss of ₹123 crore in FY22, with sales growing 9% as compared to the previous fiscal. ..
• ONDC partners with Google, Meta to reach small businesses
  20 Dec 2023, livemint.com
  Ministry of commerce-backed e-commerce protocol Open Network for Digital Commerce (ONDC) on Tuesday announced two separate partnerships with Google and Meta, to expand its outreach to small businesses through Google Maps and WhatsApp…
• Walmart, Amazon in rush to ensure deliveries for last-minute shoppers
  20 Dec 2023, retail.economictimes.indiatimes.com
  Walmart, Target, and Amazon are intensifying their efforts in the shipping competition to maintain a competitive edge against low-cost Chinese retailers like Shein and Temu. Amazon has enhanced its delivery speed through a new distribution model, dividing the country into eight regions and predominantly shipping items from nearby warehouses, reducing delivery distances and costs. ..
• Curry mix adds some spice to inflation: Impact on retail prices expected
  20 Dec 2023, retail.economictimes.indiatimes.com
  Spices inflation has remained above 22% since July, and economists said it could add another 0.6 percentage point to retail inflation between December and March as prices are unlikely to ease until the next harvest…
• India’s Varun Beverages to enter S. Africa with $159 million deal
  20 Dec 2023, retail.economictimes.indiatimes.com
  The Beverage Company bottles and distributes PepsiCo-branded non-alcoholic beverages in South Africa and has five manufacturing facilities in the country, in addition to operations in Lesotho, Eswatini, Namibia, and Botswana…
• Bisk Farm ropes in Rashmika Mandanna as brand ambassador
  20 Dec 2023, retail.economictimes.indiatimes.com
  Actress Rashmika Mandanna has been named the brand ambassador for Bisk Farm, a biscuit and bakery brand by Saj Food Products. The move aims to enhance the brand’s nationwide visibility, particularly in South Indian markets. Rashmika will represent the ‘RUSKIT Brand,’ featuring a range of crunchy baked toast. Bisk Farm focuses on strengthening its position in the Rusk category, targeting substantial revenue growth. ..
• HealthKart revenue grows 69% in FY23, loss narrows on improved unit economics
  20 Dec 2023, retail.economictimes.indiatimes.com
  However, the Gurugram-based company’s total expenses grew only 21.5% during the year to Rs 1,016.5 crore – pointing to an improvement in its unit economics…
• Accessorize London Elevates Presence in Kids Accessories with ‘Angel’ Collection
  20 Dec 2023, indianretailer.com
  Accessorize London, a premium fashion accessories brand, is gearing up to fortify its presence in the kids’ segment with the introduction of its latest category ‘Angel…
• Stanley Lifestyles Expands Retail Presence in India with Gurgaon Store
  20 Dec 2023, indianretailer.com
  In a significant move, Stanley Lifestyles, renowned for luxury furniture and home décor, inaugurated its flagship store, Stanley Level Next, in Gurgaon’s Sultanpur area today…
• BIBA Launches Exclusive Wedding Line
  20 Dec 2023, indianretailer.com
  Prepare to elevate your wedding fashion experience with BIBA, a prominent home-grown fashion brand. Catering to diverse roles, be it a bride, bridesmaid, cherished aunt, or a close family member, BIBA’s offerings are tailored to suit every style, offering a variety of sizes, colors, and silhouettes…
• Digital Upskilling Revolution: ONDC and Meta’s Visionary Alliance Targets 5 Lakh MSMEs
  20 Dec 2023, indianretailer.com
  In a ground-breaking collaboration aimed at empowering small businesses to harness the full potential of digital commerce, ONDC and Meta joined forces today with a MoU…
• Agilitas Sports Secures Rs 100 cr Funding from Nexus Venture Partners
  20 Dec 2023, indianretailer.com
  Agilitas Sports, the sportswear company co-founded by ex-Puma India MD Abhishek Ganguly, has successfully secured a funding injection of Rs 100 crore from venture capital firm Nexus Venture Partners…
• Haldiram’s Nagpur Introduces Chocolate Brand ‘Cocobay’ to Retail Market in India
  20 Dec 2023, indianretailer.com
  Haldiram’s Nagpur has unveiled its premium chocolate brand, ‘Cocobay,’ in the Indian market. Manufactured and marketed by the Haldirams Nagpur Group, Cocobay stands out as a premium chocolate line crafted from the finest and 100 percent original cocoa, combined with the world’s best ingredients…
• Arrow Ventures into the Lucrative Wedding Market
  20 Dec 2023, indianretailer.com
  Arrow, the distinguished menswear brand celebrated for its timeless style and innovation, proudly announces the launch of its Winter ’23 Ceremonial Collection…
• Vertoz Marks a Unique Diwali Collab with 50 Influencers in Retail Extravaganza
  20 Dec 2023, indianretailer.com
  Vertoz, a leading digital advertising and technology company, recently marked an intriguing collaboration with 50 key influencers in India for a Diwali campaign in partnership with Bolas Dry Fruits and Sweets…
• Fashion Fusion Revealed: Perona’s Winter Highlights in Elegant Affair
  20 Dec 2023, indianretailer.com
  Perona, the distinguished fashion brand celebrated for its exceptional craftsmanship and style, recently hosted a review party for its latest Winter Collection, inspired by modern minimalism…
• Ferns N Petals Enters into F&B Segment; Launches ‘The U Kitchen’
  20 Dec 2023, restaurant.indianretailer.com
  The U Kitchen is gearing up for a transformative impact on the catering scene, aiming to efficiently serve more than 10,000 guests simultaneously by the end of December 2023…
• IHG Signs Holiday Inn Resort Deal in Karjat Maharashtra
  20 Dec 2023, restaurant.indianretailer.com
  The Holiday Inn Resort in Karjat will offer an array of amenities, including a round-the-clock dining option, a bar, and a cozy lobby lounge…
• McDonald’s India Partners with Mondelez for New Dessert Range
  20 Dec 2023, restaurant.indianretailer.com
  These new editions will be accessible via McDelivery®, takeaway, on-the-go options, dine-in, and Drive-Thru at McDonald’s outlets throughout West and South India…
• MerchGarage Unveils Exclusive Ching’s Secret Merchandise Line in Retail Push
  20 Dec 2023, indianretailer.com
  MerchGarage, the distinguished creator-driven merchandise, and social commerce platform, is excited to introduce the official Ching’s Secret merchandise in India…
• Royal Orchid and Regenta Hotels Expand Retail Presence with Regenta Inn Bhavani in Nellore
  20 Dec 2023, indianretailer.com
  In its ongoing endeavor to broaden its footprint across the country, Royal Orchid and Regenta Hotels have introduced yet another luxurious addition to their portfolio – the Regenta Inn Bhavani, located in the vibrant city of Nellore…
• How Tech-Infused Threads Define Snitch’s Journey to Prominence
  20 Dec 2023, indianretailer.com
  In the dynamic world of fast fashion, where trends change in the blink of an eye, Snitch has emerged as a beacon of innovation and style. Founded three years ago by Siddharth Dungarwal, Snitch is not just a brand; it’s a revolution in men’s fashion…
• COLLIERS INDIA ELEVATES ARPIT MEHROTRA TO LEAD PAN-INDIA OFFICE SERVICES BUSINESS
  19 Dec 2023, rprealtyplus.com
  Colliers India has announced the elevation of Arpit Mehrotra to the position of Managing Director, Office Services for India. Arpit, who presently serves as the Managing Director, South India, is a respected and well-known industry leader with proven capabilities in office transactions, lease negotiations and tenant representation…
• ASHWIN SHETH GROUP PLANS TO EXPAND IN MMR REGION
  19 Dec 2023, rprealtyplus.com
  With 37 years of legacy, known for its strategic locations and design, Ashwin Sheth Group, a leading real estate developer in India, announces a year of significant milestones, innovation, and continued growth in the Indian real estate sector…
• Global audio pioneers Bose takes minority stake in Noise
  19 Dec 2023, retail.economictimes.indiatimes.com
  The company did not disclose the investment figures or the percentage of stake acquired by Bose, citing a non-disclosure agreement. “They have acquired a minority stake in Noise,” Khatri said, adding that the company is looking to add more investors going forward…
• Swiggy launches Pockethero feature to offer affordable food
  19 Dec 2023, retail.economictimes.indiatimes.com
  Visible as an option on the Swiggy app, it will display only select restaurant partners within a three- kilometer delivery radius and offer free delivery and up to 60% discounts. It is expected to benefit students and bring in more first-time users to the app…
• Delhi consumer commission imposes Rs 3,000 fine on retailer for charging Rs 7 for paper carry bag
  19 Dec 2023, retail.economictimes.indiatimes.com
  The customer has a right to know, before making his purchase that additional cost of the carry bag will be charged and also has the right to know the salient specifications and price of the carry bag,” the commission said…
• Healthy snacking market may continue gaining momentum from tier 2 and beyond regions in 2024
  19 Dec 2023, retail.economictimes.indiatimes.com
  According to a market research firm Imarc Group, the India snacks market size reached Rs 42,694.9 crore in 2023. Looking forward, the firm expects the market to reach Rs 95,521.8 crore by 2032 with a growth rate (CAGR) of 9.08% during 2024-2032…
• Mensa Brands’ FY23 Loss More Than Doubles To INR 227 Cr
  19 Dec 2023, inc42.com
  House of brands unicorn Mensa Brands’ consolidated net loss more than doubled to INR 227 Cr in the financial year 2022-23 (FY23) from INR 96.6 Cr in the prior fiscal year due to higher cash burn…
• Handlooms need to carve a niche
  19 Dec 2023, retail.economictimes.indiatimes.com
  The handloom industry, a more than 2,000-year-old craft, has mostly relied on government support in Tamil Nadu. Mechanization and the rise of powerlooms have shifted the focus away from handlooms towards mass production with manmade fibres. To revive the industry, the Tamil Nadu government plans to establish 10 mini handloom parks across the state. These parks will bring handloom weavers together and enable them to produce niche products based on market demand…
• India shines as a global growth leader, contributing over 16% to the world’s growth: IMF
  19 Dec 2023, retail.economictimes.indiatimes.com
  Economic reforms in digitization and infrastructure propel India’s robust growth, making it one of the fastest-growing major economies. While facing global challenges, the nation’s focus on infrastructure investment and logistical development lays a strong foundation, says International Monetary Fund. The IMF emphasizes the need for comprehensive reforms, including labor utilization…
• Eco Soul Home to double its presence in international markets
  19 Dec 2023, retail.economictimes.indiatimes.com
  Over the next three years, the brand is planning to invest more than Rs 600 crore to set-up factories and manufacturing facilities in India and abroad…
• Post-Shipment Integrated Solution ‘UniShip’ Unicommerce’s new offering for Retail Brands
  19 Dec 2023, retail.economictimes.indiatimes.com
  UniShip enhances the post-order journey for sellers and consumers with shipment tracking & customized brand page for returns. ~Brand Connect Initiative~..
• Chumbak Transforms Iconic Haus Khas Store into a Sensory Haven
  19 Dec 2023, indianretailer.com
  Chumbak has completed a comprehensive revamp of its renowned Haus Khas store in New Delhi and is poised to welcome customers back with an entirely new retail experience…
• Miraj Cinemas Expands Footprint with New Multiplex at Ansal Plaza, Ghaziabad
  19 Dec 2023, indianretailer.com
  Miraj Cinemas proudly announces the inauguration of its latest cinematic venture on the 2nd floor of Ansal Plaza at Vaishali, Ghaziabad, in the national capital region of India…
• Top 10 Best Vodka Brands in India: Price Per ml, Variants and Alcohol by Volume (ABV) Percentage
  19 Dec 2023, indianretailer.com
  The Indian market offers a rich array of vodka brands, each distinguished by its unique variants and alcohol by volume (ABV) percentages…
• Pigeon Chopper Joins Stovekraft’s Arsenal of Culinary Tools
  19 Dec 2023, indianretailer.com
  Stovekraft Limited, a distinguished name in innovative cookware and kitchenware appliances, has expanded its diverse product line with the inclusion of the Pigeon Ultra-Fast Electric Chopper…
• Takara Standard Explores Potential Entry into Indian Retail Market
  19 Dec 2023, indianretailer.com
  Takara Standard is contemplating a strategic move into the Indian retail market, a decision that aligns with its broader objective to elevate overseas sales to 10 billion JPY by FY 2030, a considerable leap from the approximately 1 billion JPY recorded in FY 2022…
• Udaan Bags $340 mn in Series E Funding Amid Global Economic Slowdown
  19 Dec 2023, indianretailer.com
  Udaan has successfully raised $340 million in Series E financing, marking a notable resurgence in deal momentum amidst tight liquidity conditions and a global economic slowdown…
• Tiger Corporation Celebrates a Century with New Offerings for Indian Consumers
  19 Dec 2023, indianretailer.com
  Tiger India Private Limited (TIPL), the Indian arm of Japanese innovator Tiger Corporation, renowned for its vacuum insulation technology, commemorated its 100th anniversary in February 2023…
• Amandeep Kaur Rejoins as GM at ITC Gardenia Bengaluru
  19 Dec 2023, restaurant.indianretailer.com
  Previously serving as the GM at Welcomhotel by ITC Hotels on Richmond Road in Bengaluru, Amandeep successfully oversaw the property’s operations, guiding her team to attain their targeted outcomes…
• Curefoods Invests 10 Crores into HOGR Food Discovery Platform
  19 Dec 2023, restaurant.indianretailer.com
  This investment will drive Hogr’s growth, supporting its app expansion, feature enhancements, and the introduction of updates for an elevated user journey…
• Romeo Lane Unveils its 9th outlet in Dehradun
  19 Dec 2023, restaurant.indianretailer.com
  Romeo Lane celebrated its grand opening as the 9th addition in Dehradun. Saurabh Luthra is the mind behind Romeo Lane, Birch by Romeo Lane, and Mama’s Buoi, has created a restaurant where sustainability meets flavor seamlessly…
• Foot Locker Expands Presence in India with Metro Brands and Nykaa Fashion Partnership
  19 Dec 2023, indianretailer.com
  US-based footwear and sportswear retail giant, Foot Locker Inc, has entered into a long-term licensing agreement with footwear retail chain Metro Brands Ltd (MBL) and online beauty and fashion e-commerce major Nykaa Fashion. In a strategic move, MBL gains exclusive rights to own and operate Foot Locker stores across India, selling authorized merchandise…
• McFarlane Toys Secures Multi-Brand Licensing Deal with Hasbro
  19 Dec 2023, indianretailer.com
  In a significant move, McFarlane Toys has unveiled a multi-brand licensing agreement with toy and game giant Hasbro. This strategic partnership integrates iconic franchises, including Transformers, Power Rangers, G.I. Joe, and Dungeons and Dragons, into the Page Punchers lineup…
• Copper Chimney Unveils its Culinary Legacy in Delhi
  19 Dec 2023, indianretailer.com
  In 1947, during the tumultuous year of the Partition, J.K. Kapur, a young man, crossed the border into a newly independent India, unknowingly carrying memories that would birth a 50-year culinary legacy—the iconic Copper Chimney…
• Ecom Express Appoints Krishnananda Bhattacharjya as Chief Product Officer
  19 Dec 2023, retail.economictimes.indiatimes.com
  Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, has announced the appointment of Krishnananda Bhattacharjya as the Chief Product Officer…
• How NEWME Captured Gen-Z Hearts: A Fashion-Tech Story of Innovation
  19 Dec 2023, indianretailer.com
  In the ever-evolving realm of fashion and technology, a revolutionary force has emerged, capturing the essence of adaptability, innovation, and self-expression. NEWME, a dynamic fashion-tech brand, has swiftly risen to prominence in the Indian market, carving a niche for itself among discerning Gen-Z women…
• Emaar India To Invest Rs 900 Cr In Luxury Housing Project In Gurugram
  18 Dec 2023, rprealtyplus.com
  Realty firm Emaar India will invest Rs 900 crore over the next four years to develop a luxury housing projects in Gurugram as part of its expansion plan…
• Swiggy’s ‘collection fee’ sparks dispute with restaurants
  18 Dec 2023, retail.economictimes.indiatimes.com
  The National Restaurants Association of India (NRAI), which represents over 500,000 companies across the country, also said restaurants will seek clarity from the food delivery platform in the coming days. “December is supposed to be the best month of business for us; for Swiggy to unilaterally come up with this suddenly in peak season is definitely an unwelcome distraction,” said Sagar Daryani, vice president of NRAI…
• Growing our online channels further remains a priority for us, says Manos Nikolakis, GM, BIC Cello
  18 Dec 2023, retail.economictimes.indiatimes.com
  Manos Nikolakis, GM, BIC Cello, said, “While e-commerce is growing significantly across the country, the landscape of the Indian market is still heavily reliant on traditional trade. Accordingly, this remains our main sales driver. The lack of digital penetration in semi-urban and rural areas can sometimes create a challenge in the e-commerce space, which means that e-commerce is mostly relevant in bigger cities with a more mature infrastructure.”..
• PhonePe explored investment in Dunzo’s merchant business
  18 Dec 2023, retail.economictimes.indiatimes.com
  However, Dunzo investors were not in favour due to strategic nature of Walmart-backed company…
• Under pressure from Shein, H&M reaches for upmarket shoppers
  18 Dec 2023, retail.economictimes.indiatimes.com
  “There’s no doubt that Shein is a disruptor. They have come into the market and grown very fast, which I’m sure has surprised H&M,” said Adil Shah, portfolio manager at Storebrand in Oslo, which holds H&M shares. H&M’s sales fell 4% in its fourth quarter, losing ground to Zara, whose parent company Inditex saw sales growth of 7% for its most recent quarter…
• India’s love of homegrown single malts shakes up Pernod, Diageo
  18 Dec 2023, retail.economictimes.indiatimes.com
  Sugarcane and mustard fields, not peat bogs, ring the distillery, where the two-year-old Indian brand’s owner Piccadily is ramping up production and building a three-hole golf course to lure connoisseurs and tipplers in the whisky-loving nation…
• We should not be complacent about India; prospects in India, particularly behind digitization, are phenomenal: Unilever CEO Hein Schumacher
  18 Dec 2023, retail.economictimes.indiatimes.com
  India accounts for more than 11% of Unilever’s global sales and is its second biggest market after the US in terms of revenue. Hindustan Unilever, the maker of Rin detergent, Dove shampoo and Lux soap is also the market leader in most segments it operates in India, with nearly 80% of its portfolio either gaining or retaining shares…
• Scaling up business helped in returning to profit in FY23: Lenskart’s Khurana
  18 Dec 2023, financialexpress.com
  Eyewear retailer Lenskart’s return to the black in FY23 became possible by scaling up the business by investing heavily in setting up its largest automated eyewear factory in Bhiwadi, Rajasthan, co-founder and product head Ramneek Khurana told Fe. He said that the company will continue to post profit in the current fiscal also…
• Former tech consultants turn entrepreneurs, find success in luxury watch industry with Bangalore watch company
  18 Dec 2023, retail.economictimes.indiatimes.com
  Nirupesh Joshi and Mercy Amalraj, former technology consultants, transitioned to entrepreneurship and founded the Bangalore Watch Company (BWC), an Indian luxury watch brand. BWC designs, assembles, and markets luxury automatic watches, with plans to open experience centers in Delhi, Mumbai, and Bengaluru by the end of the next year…
• Delhi consumer commission imposes Rs 3,000 fine on retailer for charging Rs 7 for paper carry bag
  18 Dec 2023, retail.economictimes.indiatimes.com
  “The customer has a right to know, before making his purchase that additional cost of the carry bag will be charged and also has the right to know the salient specifications and price of the carry bag,” the commission said…
• Panasonic India ends FY23 with revenues of over ₹10,000 cr up 15%
  18 Dec 2023, thehindubusinessline.com
  Panasonic India is sharpening focus on value-added appliances at a time when consumers are increasingly buying premium and feature-rich products…
• Wedding season: Durable makers witness pickup in sales of entry-level products
  18 Dec 2023, retail.economictimes.indiatimes.com
  Leading home appliance and consumer electronics manufacturers experienced increased sales during the wedding season, driven by demand for entry-level mass products in non-metro cities. Following the festive season’s 15-20% growth, companies like LG, Godrej Appliances, and Panasonic extended offers and financing schemes in November for products ranging from washing machines to small kitchen appliances. ..
• Truefitt and Hill Unveils Opulent Retail Haven in Bhubaneswar
  18 Dec 2023, indianretailer.com
  Embarking on a new chapter, Truefitt and Hill, the prestigious World’s Oldest Barbershop, proudly announces the grand opening of its newest retail outlet in the revered Temple City…
• Wardwizard Foods and Tennis Premier League Collab to Energize Retail Scene with WOL Energy Drink
  18 Dec 2023, indianretailer.com
  Wardwizard Foods and Beverages Limited proudly introduces its latest venture, WOL Energy Drink, marking a noteworthy addition to its portfolio…
• Customer Experience Needs to Be Disrupted With the Power of AI in E-Commerce
  18 Dec 2023, indianretailer.com
  The Indian e-commerce industry has been growing by leaps and bounds and is expected to surpass the US by 2034 to become the world’s second-largest. In 2022, Indian shoppers spent over 8.7 billion hours on shopping apps, which is almost 50 percent higher than the numbers in 2019…
• CG Power and Industrial Solutions & K Raheja Corp to jointly develop Mumbai property
  16 Dec 2023, retail.economictimes.indiatimes.com
  K Raheja Corp. will be granted development rights by CG Power and Industrial Solutions to develop the land admeasuring 4,262.34 sq meters by demolishing the existing structure…
• Liquor maker Pernod Ricard India rakes in Rs 25,000 crore revenue in FY23
  16 Dec 2023, retail.economictimes.indiatimes.com
  Pernod Ricard’s global portfolio comprises over 200 premium brands, including 100 Pipers, Chivas Regal, The Glenlivet, Absolut, Havana Club, and Jacob’s Creek. It also owns IMFL brands such as Blenders Pride, Imperial Blue, and Royal Stag. India is the second largest market globally for Pernod Ricard after the US…
• Meesho says it has onboarded 25K non-GST sellers since Oct’23
  16 Dec 2023, retail.economictimes.indiatimes.com
  The platform saw 40 per cent of its non-GST seller registrations last month, coming from over 20 states. The statement comes after the GST council allowed e-commerce platforms to onboard non-GST sellers with a turnover of Rs 40 lakh…
• Emami Group shows a ₹2,000 crore appetite for its food business
  16 Dec 2023, livemint.com
  Kolkata-based Emami Group is eyeing a greater play in the packaged food market with plans to acquire small regional firms and enter new categories of kitchen staples and snacks, said a top executive…
• After Covid, restaurants see more people, but worried over the time they spend
  16 Dec 2023, retail.economictimes.indiatimes.com
  The rebound in the hospitality sector in India has resulted in longer dining times at fine-dine restaurants, with customers spending an additional hour on average at a table. The increase in dining time has reduced table cover turnover, prompting some businesses to introduce time slots for reservations. Restaurants have observed a shift in dining behavior, with two-course meals turning into four-course affairs, including drinks and after-meal coffee…
• H&M’s Q4 sales slow more than expected
  16 Dec 2023, retail.economictimes.indiatimes.com
  The world’s second-biggest listed fashion retailer after Inditex, H&M has been prioritising its profit margin over sales, aiming to sell more expensive products and do less discounting, as it strives to reach an operating margin of 10% in 2024…
• Rare Rabbit: How a brand lured stylish men and hopped to $300 mn valuation
  16 Dec 2023, retail.economictimes.indiatimes.com
  Rare Rabbit has tapped into men’s growing interest in trying out different clothing styles. Pulkit Verma, head of ecommerce and digital marketing at Rare Rabbit, mentioned to ET a few years ago that they noticed more men wearing floral clothing, indicating a shift in corporate dressing becoming less formal. Tata has engaged in discussions with Rare Rabbit and is currently conducting a thorough evaluation after presenting a term sheet to potentially invest $40 million…
• UP-based Gyan Dairy increases production to 15 lakh litres per day amid growing demand
  16 Dec 2023, retail.economictimes.indiatimes.com
  The company has set up a state-of-the-art plant in GIDA Phase II, in Gorakhpur with a capacity of five lakh litres per day, at a cost of approximately Rs 120 crores. The plant is spread over an area of 20067 square meters. With the establishment of this plant, over 1800 direct and indirect employment have been generated and over 1 lakh cattle rearing families will be benefited…
• India’s growth story is going to be distinctive, unique: HUL’s Rohit Jawa
  16 Dec 2023, retail.economictimes.indiatimes.com
  India’s digital landscape is a key accelerator for the country’s growth story which will be distinctive and unique, Rohit Jawa, chief executive officer and managing director of Hindustan Unilever said on Friday…
• Washing liquids to noodles: How certain categories bucked the volume growth trends
  16 Dec 2023, thehindubusinessline.com
  As GDP outpaced FMCG industry growth in the last decade, certain categories, including washing liquids, noodles, biscuits and cookies, breakfast cereals, and floor cleaners, bucked the trend…
• Agencies start selling moong at subsidised rate; Government steps moderate onion & pulses prices
  16 Dec 2023, retail.economictimes.indiatimes.com
  The government’s ban on onion export and the decision to allow free import of yellow peas has led to a slight decline in retail prices of these commodities. Onion prices have fallen by 7% in the past week…
• Retail industry’s role in propelling India’s economy is decisive
  16 Dec 2023, bizzbuzz.com
  A Deloitte study titled “Future of Retail” predicts that India’s online market will jump to $325 billion in 2030 from $70 billion in 2022. The organized retail market will grow to $230 billion in 2030 from $110 billion in 2022…
• UNIQLO Expands Offline Presence with 13th Store in Faridabad
  16 Dec 2023, indianretailer.com
  Japanese apparel giant UNIQLO continues its strategic expansion in the Indian retail market with the inauguration of its first-ever store in Faridabad, situated within The Mall of Faridabad…
• DailyObjects’ Debut Offline Store, ‘Playground,’ Elevates Retail Standards
  16 Dec 2023, indianretailer.com
  Gurugram-based design-centric lifestyle brand, DailyObjects, has made waves with the inauguration of its maiden offline store, ‘Playground,’ strategically positioned amid the bustling office spaces of DLF CyberHub…
• Wahter’s Disruptive Approach Transforms Packaged Water Industry
  16 Dec 2023, indianretailer.com
  Wahter, conceived by founders Amitt and Kashiish A Nenwani, is poised to revolutionize the packaged water sector in India…
• Mehar Apparels Debuts a Stylish Men’s Jeans Line
  16 Dec 2023, indianretailer.com
  Mehar Apparels, a prominent name in the fashion industry, is excited to introduce its latest jeans collection for men, aiming to redefine men’s fashion with a harmonious blend of style and comfort…
• Tanzire Introduces Missoma, the Cult Demi-Fine Jewelry Brand
  16 Dec 2023, indianretailer.com
  In a groundbreaking partnership, Tanzire, India’s premier global retail platform for demi-fine jewelry, is excited to reveal the exclusive debut of Missoma, the renowned demi-fine jewelry label from London, in the Indian market on December 11th…
• Kapiva and Tiger Shroff Challenge Fitness Stereotypes, Elevates Ayurveda Wellness Landscape
  16 Dec 2023, indianretailer.com
  Kapiva, a trailblazer in contemporary Ayurvedic solutions, has joined forces with Bollywood sensation Tiger Shroff to redefine perceptions of Shilajit, a mineral-rich resin often misunderstood…
• Tanzire Introduces Missoma, the Cult Demi-Fine Jewelry Brand
  16 Dec 2023, indianretailer.com
  In a groundbreaking partnership, Tanzire, India’s premier global retail platform for demi-fine jewelry, is excited to reveal the exclusive debut of Missoma, the renowned demi-fine jewelry label from London, in the Indian market on December 11th…
• Kapiva and Tiger Shroff Challenge Fitness Stereotypes, Elevates Ayurveda Wellness Landscape
  16 Dec 2023, indianretailer.com
  Kapiva, a trailblazer in contemporary Ayurvedic solutions, has joined forces with Bollywood sensation Tiger Shroff to redefine perceptions of Shilajit, a mineral-rich resin often misunderstood…
• Rapper Badshah Ventures Into Hospitality Investments
  16 Dec 2023, restaurant.indianretailer.com
  Badshah has invested in a Mumbai nightclub called Dragonfly. He’s ventured into producing Punjabi films and initiated a music channel based in Punjab. Moreover, he founded a clothing line named BADFIT. ..
• South Seas Distilleries Unveils ‘Crazy Cock’ Single Malt Whisky
  16 Dec 2023, restaurant.indianretailer.com
  Initially whiskey is accessible in Mumbai, Goa, and Haryana, the brand has intentions for wider expansion in the upcoming months…
• Faasos Unveils New Shawarma Range
  16 Dec 2023, restaurant.indianretailer.com
  This launch solidifies Faasos as a key player in the Shawarma market, presenting eight variants ranging from Classic Peppy Chicken to Special Smoky Chicken and Sizzled Falafel, among others…
• Prasad Rao Appointed General Manager of Courtyard by Marriott Gorakhpur
  16 Dec 2023, restaurant.indianretailer.com
  In his new position, he’ll oversee operations, handle finances, promote effective team communication, and uphold compliance with changing regulations…
• India ordered 2.5 biryanis per second in 2023; Swiggy Report
  16 Dec 2023, restaurant.indianretailer.com
  As we bid adieu to 2023, food delivery giant Swiggy has released its eighth annual “food wrap,” chronicling the culinary adventures of its users throughout the year…
• MalaikaBurger Singh Secures Funding Led by Turner Morrison Ltd
  16 Dec 2023, restaurant.indianretailer.com
  The brand aims to expand its team by hiring an additional 400 individuals across its restaurant network within the upcoming 18 months, effectively doubling its current workforce…
• ITV Studios and VBG Debut “The Voice” Winter Virtual Fashion Line on Roblox
  16 Dec 2023, indianretailer.com
  ITV Studios and the Virtual Brand Group (VBG) have unveiled the winter virtual fashion line for “The Voice,” now exclusively available on Roblox…
• Glucovita Bolts Partners with Nickelodeon’s “Motu Patlu” for a Energy and Entertainment Fusion
  16 Dec 2023, indianretailer.com
  Glucovita Bolts, a prominent player in the energy supplement category, recently revealed an exciting partnership with Nickelodeon, India’s beloved kids’ entertainment franchise, and its flagship show, “Motu Patlu.”..
• How Saundh Targets to Become a Global Luxury Lifestyle Brand by 2030
  16 Dec 2023, indianretailer.com
  With a deep involvement in fabric manufacturing, Sarabjeet Saluja identified a market gap—access to luxury products at an affordable price. Recognizing this opportunity, he founded Saundh to address the accessibility challenges in the industry…
• Innovation, Inclusivity, and Icons: Odette’s Path to Fashion Dominance
  16 Dec 2023, indianretailer.com
  In a candid conversation with Mamta Roy, the ingenious mind behind Odette, the story unfolds, illuminating the brand’s meteoric rise since its inception in 2020. A profound testament to Odette’s success lies in its impressive fivefold revenue growth, a feat achieved by navigating through the dynamic landscape of the fashion industry with finesse and foresight…
• RAHEJA VIVAREA ENTERS KORAMANGALA BENGALURU
  15 Dec 2023, rprealtyplus.com
  Chalet Hotels Ltd. and K Raheja Corp Homes, have entered into a strategic alliance for a luxury residential development, in the Koramangala micro-market of Bengaluru. Spread across an expansive 8.25-acre premium land parcel owned by Chalet Hotels Ltd…
• APARNA ENTERPRISES GOES GLOBAL WITH EXPANSION IN SE ASIAN COUNTRIES
  15 Dec 2023, rprealtyplus.com
  Aparna Enterprises Limited, India’s fastest growing building materials manufacturer, has entered strategic South-East Asia markets with its uPVC doors and windows brand, Ökotech. After successfully penetrating..
• Reliance Retail to come up with value apparel retail stores in tier 2, 3 towns
  15 Dec 2023, retail.economictimes.indiatimes.com
  This will also be the first store format which the country’s largest retailer will expand primarily through the franchisee model. The company will set up over 500 such stores in direct competition with the likes of rural and small-town focused chains like V-Mart Retail, the executives said…
• India’s Tata Capital eyes fashion brand Rare Rabbit at $300 million valuation -sources
  15 Dec 2023, retail.economictimes.indiatimes.com
  Tata Capital is the financial services arm of India’s $144 billion salt-to-aviation Tata conglomerate, and its investment interest in Rare Rabbit comes at a time its rivals such as billionaire Mukesh Ambani’s Reliance are also gravitating towards premium fashion offerings…
• For FMCG giants, a big opportunity can also turn into a looming threat
  15 Dec 2023, retail.economictimes.indiatimes.com
  Big FMCG companies are heavily investing in e-commerce to tap into its vast potential. Their strong brands and significant investments in technology will drive their success in this growing market. However, emerging Direct-to-Consumer (D2C) brands pose a constant threat, keeping the giants on edge and vulnerable…
• GeM portal set to break records with ₹3.5 trillion procurement in FY24
  15 Dec 2023, livemint.com
  Goods and services procurement through the government e-market (GeM) portal is poised to reach ₹3.5 trillion by the end of this fiscal year, driven by heightened buying activities across ministries and government departments, a senior official said…
• Myntra registers 60 mn monthly active users this festive season
  15 Dec 2023, retail.economictimes.indiatimes.com
  The Gen Z fashion segment has seen a 2.25 times YoY surge in demand and about 175 per cent growth in customers, the release read. The beauty segment grew 3 times the market and the D2C category recorded 70 per cent YoY growth in the last quarter…
• Luxury slowdown prompts fears of inventory pile-up over key holiday season
  15 Dec 2023, retail.economictimes.indiatimes.com
  The latest U.S. credit card data from Barclays released on Wednesday showed that spending on luxury goods remained negative in November, down 15% year-on-year after a decline of 14% in October. That performance “doesn’t bring much optimism” for the fourth quarter, with the weak trends in the U.S. reason for caution about the performance of luxury brands over the period, Barclays analysts said…
• Unilever in advanced talks to sell Elida Beauty to Yellow Wood: Report
  15 Dec 2023, livemint.com
  Unilever Plc is in advanced talks to sell Elida Beauty, a division that includes non-core beauty and personal care brands such as Q-Tips and Impulse, to private equity firm Yellow Wood Partners, people familiar with the matter said on Thursday…
• Curefoods appoints Avani Davda as independent director
  15 Dec 2023, retail.economictimes.indiatimes.com
  Davda is a seasoned executive having more than two decades of experience and a proven track record in the food and beverages industry including the Tata group…
• Tamil Nadu leads among states with $4.8 billion in electronics exports
  15 Dec 2023, retail.economictimes.indiatimes.com
  ​​NIRYAT said the State has reached about 90% of the previous financial year’s value ($ 5.37 billion) in a period of seven months of the current financial year 2023-2024 (April – October 2023)…
• Motorola plans to double exports from India
  15 Dec 2023, retail.economictimes.indiatimes.com
  “North America is our primary export market from India. Currently, we have been exporting 20-25% of our capacity to North America, and every year, we are seeing step ups in terms of growth. We are planning to double our exports next year (in 2024),” said Prashant Mani, executive director, Asia Pacific, Motorola…
• India’s e-retail market estimated to cross USD 160 billion by 2028: Report
  15 Dec 2023, retail.economictimes.indiatimes.com
  ​E-retail in India is expected to surge past USD 160 billion (over Rs 13 lakh crore) mark by 2028, a report released by Bain & Company in collaboration with Flipkart said on Wednesday. The E-retail market is expected to be around USD 57-USD 60 billion (Rs 4.75 lakh crore to 5 lakh crore) in 2023, with an annual shopper base of around 240 million representing an annual addition of USD 8-12 billion since 2020…
• Renowned Designer Kaveri Lalchand Expands Offline Footprint with New Bandra Store
  15 Dec 2023, indianretailer.com
  TheRenowned Lakmé Fashion Week Designer and dynamic personality, Kaveri Lalchand, proudly opens the doors of her eponymous label with a new stylish experience in the luxurious hub of Bandra, Mumbai following the success of her Kala Ghoda outlet…
• Masaba Gupta’s LoveChild Unveils Exclusive Sampling Kiosk at T2 Mumbai Airport
  15 Dec 2023, indianretailer.com
  LoveChild, the beauty brand curated by multi-hyphenate entrepreneur and actor Masaba Gupta, has made its official debut at T2, Chhatrapati Shivaji International Airport, Mumbai, introducing an exclusive sampling kiosk in collaboration with Adani Digital Labs…
• Satya Paul’s Exclusive Retail Delight Unveiled in DLF Emporio
  15 Dec 2023, retail.economictimes.indiatimes.com
  Satya Paul, a trailblazer in the realm of Indian retail since its inception in 1985, has consistently pushed the boundaries of traditional fashion…
• List of 72 Retail Business Ideas in India in 2024 (Low Investment, High Profit)
  15 Dec 2023, indianretailer.com
  In 2024, the retail landscape continues to offer lucrative opportunities for entrepreneurs seeking low investment and high profit ventures…
• Wardwizard Foods Signs MoU with Gujarat Gov to Boost Food Manufacturing in India
  15 Dec 2023, indianretailer.com
  Wardwizard Foods and Beverages Limited proudly announces the signing of a significant Memorandum of Understanding (MoU) with the Government of Gujarat, marking a pivotal moment in the expansion of food manufacturing capabilities in the state…
• Malaika Arora and Karishma Tanna Set the Tone for Caprese’s #DazzleWithCaprese
  15 Dec 2023, indianretailer.com
  Caprese, the distinguished premium fashion handbag brand, introduces the #DazzleWithCaprese campaign, featuring fashion icons Malaika Arora and Karishma Tanna…
• Nurturing Growth: Washington Apples’ Strategic Outlook in the Flourishing Indian Market
  15 Dec 2023, indianretailer.com
  The initiation of the new season and a fresh chapter for Washington Apples in India was commemorated by the Washington Apple Commission in collaboration with the U.S. Embassy’s Office of Agricultural Affairs in India…
• Emami Group appoints McKinsey & Co to identify 2-3 categories to foray into
  14 Dec 2023, retail.economictimes.indiatimes.com
  There are plans to undertake an initial public offering for the group’s edible oil and packaged food business, Emami Agrotech, once the business delivers sustained profit which is impacted last fiscal and this year due to volatility in edible oil prices globally, said promoter director of the group Aditya V Agarwal…
• Hindustan Coca-Cola Beverages announces Rs 3000 cr investment in Gujarat
  14 Dec 2023, retail.economictimes.indiatimes.com
  This venture is proposed to take HCCB’s total employee strength in the state to more than 1,500 individuals. Himanshu Priyadarshi, chief public affairs, communications, and sustainability officer at HCCB, said, “Our investment in Rajkot is a testament to our belief in Gujarat’s potential and our commitment to its people. It is not only about scaling our business operations but also about deepening our roots in a state that has been a key market and a source of inspiration for innovation…
• Nexus Venture Partners invests Rs 100 crore in Agilitas Sports
  14 Dec 2023, retail.economictimes.indiatimes.com
  The Agilitas investment from Nexus underscores the growing trend of venture funds looking to back companies in the manufacturing and retail business that leverage technology as an additional layer…
• How Amazon is using Gen AI and tech innovations for better CX and to scale across Indian geographies?
  14 Dec 2023, retail.economictimes.indiatimes.com
  “We will continue exploring opportunities to provide review highlights in more places throughout the shopping experience to make it easier for customers to discover and evaluate products. Our ultimate goal is to simplify the review submission process, combat fake reviews, introduce new content types, and utilize AI to highlight key insights, ensuring that customers can confidently navigate their purchase decisions,”​​ Kishore Thota, Director of Shopping Experience, India & Emerging Markets, Amazon said…
• Pernod Ricard bets India will bottoms up to the top
  14 Dec 2023, retail.economictimes.indiatimes.com
  The company controls about a fourth of the overall whisky market in India despite a negligible presence in the mass segment and gets a significant chunk from premium and semi-premium brands, mainly Blenders Pride, Royal Stag and Imperial Blue. The distiller also owns India’s highest selling Scotch 100 Pipers with sales of over 1.5 million cases annually. The company, however, has been increasingly facing competition from Diageo, Beam Suntory and homegrown players such as Amrut and John Distillers in the pricier segments…
• Wipro Consumer Care expands horizons: Enters D2C space with Bio-essence, plans FMCG start-up investments
  14 Dec 2023, retail.economictimes.indiatimes.com
  Wipro Consumer Care and Lighting is expanding its direct-to-consumer (D2C) business with its global brand Bio-essence, targeting the premium segment in India. The company plans to launch ethnic ready-to-cook breakfast and South Indian snacks, targeting the premium segment in areas like facial care, cleaners, moisturizers, and toners…
• India’s e-retail market estimated to cross USD 160 billion by 2028: Report
  14 Dec 2023, retail.economictimes.indiatimes.com
  ​E-retail in India is expected to surge past USD 160 billion (over Rs 13 lakh crore) mark by 2028, a report released by Bain & Company in collaboration with Flipkart said on Wednesday. The E-retail market is expected to be around USD 57-USD 60 billion (Rs 4.75 lakh crore to 5 lakh crore) in 2023, with an annual shopper base of around 240 million representing an annual addition of USD 8-12 billion since 2020…
• Indian exporters on Amazon Global Selling see over 80% business growth during 2023 Black Friday Cyber Monday
  14 Dec 2023, retail.economictimes.indiatimes.com
  Exporters from tier 2 and tier 3 cities saw strong year-on-year growth during this period — Karur (over 100% YoY), Junagadh (nearly 100% YoY), Erode (over 50% YoY), Jaipur (over 30% YoY)…
• Myntra records 7.5 crore new app users this year, beauty category registers 3X growth
  14 Dec 2023, livemint.com
  Online shopping platform Myntra said it added 7.5 crore new app users in 2023 with its loyal customer base growing by 100% YoY in the last 18 months. During the festive season, Myntra registered a record high of six crore monthly active users this year…
• How Shein outgrew Zara and H&M and pioneered fast-fashion 2.0
  14 Dec 2023, retail.economictimes.indiatimes.com
  Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M. Shein’s low prices – $5 t-shirts and $10 sweaters – also draw shoppers who might have otherwise shopped at clothing discount stores…
• Zara owner Inditex’s nine-month profit soars 32.5%, sales growth slows down
  14 Dec 2023, retail.economictimes.indiatimes.com
  The world’s biggest fashion retailer said its net profit was 4.1 billion euros ($4.42 billion) as expected by analysts, most of whom are still betting on the company’s ability to sell fashion faster and draw more aspirational shoppers. The company behind Zara and other brands is investing in bigger but fewer stores and logistics capacity to back up its online sales and deliver clothes a few days faster than its rivals, according to analysts…
• DailyObjects opens first offline store
  14 Dec 2023, retail.economictimes.indiatimes.com
  “For offline strategy, I was determined to break the traditional retail model moulds to bring more authenticity to the brand experience at the store.” said Pankaj Garg, co-founder, DailyObjects…
• Soch Marks Strategic Retail Expansion with 45th Store Opening in Bangalore
  14 Dec 2023, indianretailer.com
  Soch has inaugurated its 45th store in Bangalore, strategically positioned on Commercial Street. Spanning 2000 sq ft, this new store is poised to become one of the largest Soch outlets in the city, catering to the diverse ethnic wear needs of Bangalore’s fashion-forward women…
• Zimero Announces Strategic Expansion to Hyderabad and Bangalore Markets
  14 Dec 2023, indianretailer.com
  Zimero has unveiled its expansion plans for 2024. Renowned for its distinctive flavors and commitment to using natural ingredients, the company is gearing up to establish new retail stores in Bangalore by the upcoming summer, with an online delivery expansion set to include Hyderabad by January…
• MiniKlub Expands Retail Footprint in India with Second Store in Trivandrum
  14 Dec 2023, indianretailer.com
  India’s leading kidswear brand, MiniKlub, proudly announces the opening of its second store in Trivandrum, solidifying its commitment to providing stylish and high-quality children’s clothing…
• Top 10 Fashion Brands With Longest Names and Their Stories
  14 Dec 2023, indianretailer.com
  In the world of high fashion, a brand’s name is a gateway to its heritage, craft, and aesthetic. This article offers an in-depth exploration into the top fashion brands with the longest names, each carrying a unique tale of its inception, evolution, and influence…
• American Brew Crafts Takes Flight in Kerala’s Retail Beer Scene with Flying Monkey
  14 Dec 2023, retail.economictimes.indiatimes.com
  American Brew Crafts Pvt Ltd (ABCL), a renowned brewing company celebrated for its exceptional brews, marks its entry into Kerala’s retail beer market with the launch of Flying Monkey Ultra Strong Beer…
• Top 10 Brands like Louis Vuitton in India
  14 Dec 2023, indianretailer.com
  Looking for luxury brands that rival the iconic Louis Vuitton in India? Well, hold onto your stylish hats because we’ve got the top 10 brands that will blow your fashion-loving mind!..
• Microplastic-Free Haircare Hits Shelves at La Pink
  14 Dec 2023, indianretailer.com
  A well-known skincare brand recognized for pioneering India’s first 100 percent Microplastic Free Formulations, La Pink has made a significant foray into the hair care sector with the introduction of La Pink Methi Dana 8-in-1 Hair Oil, Shampoo, and Conditioner, alongside La Pink Olive and Argan Shampoo and Conditioner…
• Clage’s Premium Water Heaters Make Waves in Indian Retail with Blutherm Partnership
  14 Dec 2023, indianretailer.com
  Combatting the winter chill in style, Clage, Germany’s leading water heater brand, has entered the Indian market through an exclusive collaboration with Blutherm, a prominent curator of premium, energy-efficient, and sustainable products in India…
• Harvesting Change: The Organic Evolution of India’s Food Industry
  14 Dec 2023, irecwire.com
  This narrative unfolds through the stories of four pioneering brands-Tata Soulfull, Sid’s Farm, Farmio, and Natureland Organics. As we delve into their journeys, we discover a shared commitment to health, sustainability, and a reimagined food ecosystem…
• Silly Resto-Bar Makes Entrance into Delhi’s Dining Scene
  14 Dec 2023, restaurant.indianretailer.com
  Their menu harmonizes street-style delicacies with premium local ingredients, offering a diverse range of flavors like Picture Cherry Tomato & Bocconcini Crostini, the Chicken Tikka Popcorn and their Tofu, Chilli Dumplings and many more…
• Domino’s Unveils Revamped Viva Roma Range
  14 Dec 2023, restaurant.indianretailer.com
  The revamped range is exclusively available for order at Domino’s outlets in Delhi, NCR, Mumbai, Bangalore, Chennai, and Pune, or through the Domino’s app…
• Future-Proofing Hospitality: Technology Trends in Hospitality Transportation
  14 Dec 2023, restaurant.indianretailer.com
  The Indian hospitality industry is expected to be worth $23.50 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.73% to reach $29.61 billion by 2028…
• Da Milano Unveils Winter Apparel Collection 2023: A Symphony of Style and Warmth
  14 Dec 2023, indianretailer.com
  Renowned for its commitment to luxury and sophistication, Da Milano introduces its highly sought-after Winter Apparel Collection 2023, a masterpiece of winter fashion redefinition…
• Glenmorangie Collabs with Shivan and Narresh to Elevate Indian Luxury Living
  14 Dec 2023, indianretailer.com
  Glenmorangie, the pinnacle of luxury in the realm of single malt Scotch whiskies under the Louis Vuitton Moët Hennessy umbrella, is merging the worlds of fine spirits and high design to carve a niche in the living rooms of discerning Indian consumers…
• 8-9% RENTAL GROWTH FOR MALL OPERATORS IN FY2025
  13 Dec 2023, rprealtyplus.com
  Retail trading values expected to increase by 14-15% in FY2024 and 10-12% in FY2025 led by strong consumer demand. ICRA expects the rental income for mall operators to increase by 9-10% YoY growth in FY2024 and 8-9% in FY2025, driven by healthy occupancy levels, estimated growth in trading values and rental escalations…
• Reliance Retail scaling up its B2B apparel business
  13 Dec 2023, retail.economictimes.indiatimes.com
  The company has already launched more than 50 such exclusive brands and the number will be increased by 2-3 times shortly as part of its latest strategy to expand the fashion business, going beyond its own stores as that offers much higher growth opportunities, two senior industry executives in the know of the development said…
• ITC’s FMCG biz grows at 14% CAGR in last 3 yrs, Aashirvaad becomes Rs 8,000 cr brand
  13 Dec 2023, retail.economictimes.indiatimes.com
  ITC is “one of the fastest growing FMCG Businesses in India” with rapid scale in revenues, which is largely “driven by brands developed in-house”, ITC in an investor presentation released on Tuesday. ITC’s FMCG products are now “present in 3 of 4 households in India,” it added. Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 years…
• ITC’s cigarette sales volume almost claws back to peak of FY 2012-13 levels
  13 Dec 2023, retail.economictimes.indiatimes.com
  As per ITC chairman Sanjiv Puri’s presentation made on Tuesday, cigarette volume had declined by 20% between FY13 till FY20 due to sharp rise in taxes. From FY22 onwards, ITC clawed back cigarette sales from the illicit trade due to relatively stable taxation and portfolio fortification, the presentation said…
• Fashion, mobility segments to drive Indian consumer tech market to $300 billion by 2027: report
  13 Dec 2023, retail.economictimes.indiatimes.com
  As of fiscal year 2022, the consumer tech sector’s total addressable market was estimated to be at $100 billion, with mobility, and entertainment and media leading the pack, followed by fashion, the report said…
• Flipkart launches its first grocery fulfillment center in Bhubaneswar; to generate over 300 jobs
  13 Dec 2023, retail.economictimes.indiatimes.com
  Spread over 1.35 lac square feet with a dispatch capacity of over 2.09 lac units per day, this FC will cater to 16,000 orders a day, as the company said in the release. The center is said to generate 300 direct and indirect employment opportunities and help local sellers and small & medium farmers to connect to larger consumers…
• Indians can’t get enough of imported luxe chocolates
  13 Dec 2023, retail.economictimes.indiatimes.com
  India’s demand for high-end, luxury imported chocolates is growing, and the year-end season is predicted to see a notable spike in demand. In 2023, the nation imported $27.84 million worth of chocolate, a 45% increase over the previous year. It is anticipated that more high-end foreign brands will enter the nation’s market. ..
• Mall supply at top six cities to reach 116-118 million square feet by March 2025
  13 Dec 2023, retail.economictimes.indiatimes.com
  The top six markets in India are expected to witness an increase in the total grade A retail mall supply from 105 million square feet to 116-118 million square feet by March 2025. Credit rating agency ICRA predicts new supply of 9-10 million square feet in FY2024 and around 6 million square feet in FY2025 across Delhi NCR, Bengaluru, MMR, Pune, Hyderabad, and Chennai…
• Krishna’s Herbal & Ayurveda invests Rs 5 crore to open new manufacturing plant
  13 Dec 2023, retail.economictimes.indiatimes.com
  The brand, which closed last fiscal at Rs 40 crore, is eyeing to clock Rs 70 crore in revenue this fiscal and is eyeing Rs 120 crore for the next fiscal end…
• Sunny Leone wants to build an affordable beauty brand with Starstruck
  13 Dec 2023, retail.economictimes.indiatimes.com
  She further highlighted that Starstruck’s products can be used by both men and women. “My makeup has no gender.”..
• Rakul Preet Singh on her brand investment choices
  13 Dec 2023, retail.economictimes.indiatimes.com
  Lately, brands selling sustainable products are attracting investments from celebrities and other investors in the retail space…
• India’s retail inflation surges 5.5 per cent in November from 4.8 per cent in October
  13 Dec 2023, retail.economictimes.indiatimes.com
  India Retail inflation: In the December policy meeting, the Reserve Bank of India (RBI) left the inflation aim unchanged at 5.4 per cent. In the August policy, the RBI MPC had raised its FY24 inflation forecast to 5.4 per cent from 5.1 per cent…
• Retail inflation now stable, temporary increases due to demand-supply mismatches: FM
  13 Dec 2023, retail.economictimes.indiatimes.com
  “The retail inflation is now stable and within the notified tolerance band of 2 per cent to 6 per cent. A steady decline in core inflation, estimated after removing volatile food and fuel items from retail inflation, has been critical in weakening the inflationary pressure in the Indian economy,” she said. The core inflation rate has declined from 5.1 per cent in April 2023 to 4.3 per cent in October 2023…
• The Good Glamm Group joins ONDC network
  13 Dec 2023, retail.economictimes.indiatimes.com
  By joining ONDC Network, The Good Glamm Group aims to increase its revenue opportunity by 50 per cent and reach 100 per cent more consumers. Further, the Group looks to create multiple consumer touchpoints through disruptive innovations and further expand its brand division which includes The Good Brand Co’s portfolio brands — MyGlamm, St.Botanica, Organic Harvest, Sirona Hygiene, and The Moms Co…
• Kingdom of White Expands Offline Presence with New Store in Cochin
  13 Dec 2023, indianretailer.com
  Renowned for its premium menswear, Kingdom of White, founded on the profound philosophy of “For the Love of White,” is pleased to announce the opening of its latest store in Cochin. Choosing a location rich in cultural heritage, the brand aligns itself with the city’s seamless blend of tradition and modernity, mirroring its commitment to delivering timeless elegance through its exclusive white collection…
• Gioia Expands Offline Presence, Opens Store at Phoenix Mall of Asia, Bangalore
  13 Dec 2023, indianretailer.com
  Renowned for its exquisite designs and unmatched craftsmanship, Gioia, the luxury leather goods brand, is excited to announce the inauguration of its latest retail outlet at Phoenix Mall of Asia, Bangalore…
• Apparel Group Expands Victoria’s Secret Presence in South Indian Markets
  13 Dec 2023, indianretailer.com
  In a significant move that aligns with the burgeoning demand for renowned brands in the Indian retail landscape, Apparel Group India proudly announces the inauguration of two new Victoria’s Secret stores in key South Indian markets…
• Top 10 Best Gym Equipment Brands in India
  13 Dec 2023, indianretailer.com
  The Indian fitness sector is currently undergoing a significant expansion, triggered by an increase in health awareness and disposable income. This has spurred higher demand for superior gym equipment and the emergence of a range of brands targeting varied user needs…
• Top 10 Best Formal Shirt Brands in India 2023
  13 Dec 2023, indianretailer.com
  Did you know Indians buy more than 500 million formal shirts each year? That’s an impressive stat, isn’t it?..
• Naturals Salons and SkinQ Set to Elevate Professional Salon Services with Medi-Facials
  13 Dec 2023, indianretailer.com
  In a significant move ahead of New Year 2024, Naturals Salons has unveiled its groundbreaking beauty treatment innovation aimed at reshaping the professional salon landscape in India…
• Glenmorangie Partners with Shivan and Narresh to Elevate Indian Luxury Living
  13 Dec 2023, indianretailer.com
  Glenmorangie, the pinnacle of luxury in the realm of single malt Scotch whiskies under the Louis Vuitton Moët Hennessy umbrella, is merging the worlds of fine spirits and high design to carve a niche in the living rooms of discerning Indian consumers…
• Rising Urban Affluence Propels Mall Operators to Anticipate 8-9 pc Rental Surge in FY25
  13 Dec 2023, retail.economictimes.indiatimes.com
  The retail landscape in India is poised for steady growth, with the latest insights from ICRA projecting positive trends for mall operators in the coming years…
• Krishna’s Herbal and Ayurveda Expands Manufacturing Capacity in Jodhpur
  13 Dec 2023, indianretailer.com
  In a significant move for Ayurvedic retail, Krishna’s Herbal and Ayurveda, a pioneering name in preservative-free natural products, has announced the establishment of a state-of-the-art manufacturing plant in the Anganwa area of Jodhpur…
• GOVO Witnesses 600 pc Surge in Net Sales Amidst Festive Season
  13 Dec 2023, indianretailer.com
  Home-grown smart hearable brand GOVO has achieved an impressive scaling of approximately 600 percent in net sales. The surge in demand has been extraordinary, particularly in audio segments such as earbuds and soundbars, with wireless technology experiencing significant expansion this festive season…
• IOSPL Expands Ethical Beauty Brands Portfolio in India
  13 Dec 2023, indianretailer.com
  In a significant move for the Indian beauty and personal care market, IOSPL, the omnichannel partner for global brands in India, has launched three subsidiary brands, Naturtint, Boldify, and Estate, at Cosmoprof Mumbai…
• List of Best Alcohol Brands in India for Every Palate
  13 Dec 2023, indianretailer.com
  Imagine sipping on a glass of Amrut’s single malt whiskey, relishing in its rich flavors. Now picture this – you’re about to explore 40 best alcohol brands in india, from such exquisite whiskeys to refreshing beers…
• Nourish You Acquires One Good, Aims to Transform Plant-Based Food Scene
  13 Dec 2023, indianretailer.com
  In a transformative move within India’s expanding plant-based foods landscape, Nourish You, the nation’s pioneering superfood brand, has announced the complete acquisition of One Good, a leading vegan dairy brand…
• Grand Hyatt Gurgaon Appoints Mario Caramella as Executive Chef
  13 Dec 2023, restaurant.indianretailer.com
  His collaborations with Michelin-starred guest chefs enriched the restaurant’s offerings, reflecting his passion for elevating culinary experiences…
• Coca-Cola Ventures into Alcohol with Lemon-Dou
  13 Dec 2023, restaurant.indianretailer.com
  The company has initiated trial runs of Lemon-Dou, a global alcoholic ready-to-drink beverage, in regions including Goa and parts of Maharashtra…
• Gulmohar Bar & Curry House Unveils in Pune
  13 Dec 2023, restaurant.indianretailer.com
  The menu showcases a variety of dishes, from Chole Hummus to Sheesh Touk and the traditional Jodhpuri Gulabjamun ki Kadhi and many more…
• Virat Kohli’s much-awaited One8 Commune Opens Doors in Bengaluru
  13 Dec 2023, restaurant.indianretailer.com
  Spanning the top three floors, including a scenic rooftop with panoramic views of Cubbon Park and Chinnaswamy Stadium, the venue caters to thrill-seekers and those seeking everyday indulgence…
• Glenmorangie Collabs with Shivan and Narresh to Elevate Indian Luxury Living
  13 Dec 2023, indianretailer.com
  Glenmorangie, the pinnacle of luxury in the realm of single malt Scotch whiskies under the Louis Vuitton Moët Hennessy umbrella, is merging the worlds of fine spirits and high design to carve a niche in the living rooms of discerning Indian consumers…
• Global American toy retailer Toys ‘R’ Us to ‘Make in India’ from next year
  13 Dec 2023, timesofindia.indiatimes.com
  Toys ‘R’ Us, the global America-based toy retailer, will begin manufacturing private label products in India by mid-next year…
• The Evolution of Purity: Sid’s Farm’s Unwavering Vision for Ethical Dairying
  13 Dec 2023, indianretailer.com
  Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm Private Limited, takes us on a journey from the bustling streets of Silicon Valley to the serene fields of Shamshabad…
• PRESTIGE GROUP LAUNCHES ITS FIRST PROJECT IN CALICUT
  12 Dec 2023, rprealtyplus.com
  Prestige Group, country’s leading real estate developer with a portfolio of more than 250 delivered properties across 7 cities, has announced the launch of its first residential project in Calicut – Prestige Ocean Pearl…
• DLF LEADS IN VOLUME, SIGNATURE GLOBAL DOMINATES HOUSING UNIT SALES
  12 Dec 2023, rprealtyplus.com
  The real estate market is in a robust phase, witnessing substantial demand and sales across diverse segments. Gurugram stands out as a city consistently achieving remarkable sales quarter after quarter…
• FMCG market to recover completely only by April-June quarter next year
  12 Dec 2023, retail.economictimes.indiatimes.com
  Since a year, there has been a noticeable drop in rural volume due to inflation and erratic monsoons. While the demand in cities is leading the overall growth with urban incomes more resilient, companies expect rural volume to recover on the back on a decent monsoon, which generally translates into higher sales after a quarter lag…
• 2023 sees the lowest funding in the startup ecosystem in five years: Report
  12 Dec 2023, retail.economictimes.indiatimes.com
  ​”While the funding slowdown in 2023 presents challenges for the Indian tech startup ecosystem, we remain optimistic about the future. With favourable government policies and a fast-growing economy, we believe India is well-positioned for success in the years to come.” said Neha Singh, co-founder, Tracxn…
• Zomato sees an opportunity in catering business
  12 Dec 2023, retail.economictimes.indiatimes.com
  The company is also looking to add more offerings to its loyalty programme, Gold, despite concerns about the potential impact on profitability, Rakesh Ranjan, chief executive for food delivery, said in an interview…
• Superfood brand Nourish You acquires vegan dairy brand One Good
  12 Dec 2023, retail.economictimes.indiatimes.com
  Nourish You is also in talks for backward integration acquiring and if that materializes, then by FY25, it is targeting to touch Rs 100 crore revenue mark…
• Robertet Group acquires fragrance and flavor mfg company Sonarome
  12 Dec 2023, retail.economictimes.indiatimes.com
  This is the company’s 6th acquisition in the last 5 years. Robertet is a family-owned fragrance, flavour and ingredient company with a presence in more than 50 countries. Bruhat declined to share the financial details of the deal. However, he said that with this acquisition the fragrance and flavor major will target a turnover of 80 to 100 million euros from the India business…
• GRM Overseas sells stake in GRM Foodkraft to Sauce.vc
  12 Dec 2023, retail.economictimes.indiatimes.com
  GRM Foodkraft has a presence in online and offline retail as well as the D2C segment. It has over 52 Distribution Centres (DCs), serving more than 1,60,000 Kirana stores…
• Singapore retail startups bullish on Indian market
  12 Dec 2023, retail.economictimes.indiatimes.com
  “India is a very important source market for Singapore. Travellers today are very discerning and know what they want. Singapore has always been a very important shopping destination for Indian travellers.” said GB Srithar, regional director, India, Middle East, South Asia & Africa, STB. Further, Srithar feels that such collaborations boost on-ground activation and help brands connect with their digital audiences…
• Ice popsicle brand Skippi expects to achieve Rs 100 cr revenue by FY25; plans another manufacturing facility in Hyderabad
  12 Dec 2023, retail.economictimes.indiatimes.com
  Speaking on the growth plans and pricing strategies, Kabra said, ​”We are very well positioned with Rs 10 to Rs 30 price points product range that is not heavy on consumers’ pocket. We have created a fun category and I think it will continue to grow in the coming years.”…
• 15-year FMCG volume growth at 3.4 per cent, says BCG
  12 Dec 2023, financialexpress.com
  The domestic fast-moving consumer goods (FMCG) business has struggled with volume growth for decades, according to Boston Consulting Group (BCG) in its latest study of the industry spanning over 15 years…
• Good Glamm, Shoppers Stop ink collaboration for omni-channel retail
  12 Dec 2023, retail.economictimes.indiatimes.com
  Sukhleen Aneja, chief executive officer at Good Brands Co, owned by Good Glamm Group, said: “We look forward to expanding this collaboration subsequently to other products to tap into a broad consumer base.”She added the collaboration, once expanded, is expected to bridge the gap between online and offline retail and bring digital shopping experiences into physical stores…
• Vivo Mobile India’s FY22 net loss at Rs 123 crore
  12 Dec 2023, retail.economictimes.indiatimes.com
  The Enforcement Directorate (ED) had filed a chargesheet last week against the company alleging that it had remitted Rs 1 lakh crore outside India between 2014 and 2021 by showing losses to avoid paying income tax, ET among others had reported…
• Online furniture retailer Pepperfry reduces losses a tad to Rs 187.6 crore in FY23
  12 Dec 2023, retail.economictimes.indiatimes.com
  During FY23, Pepperfry reduced its advertising and promotional expenses by over 10% on year to Rs 106 crore. Further, while it struggled to increase scale, order fulfilment costs, which include logistics and warehousing expenses, fell in the year to March 2023. Costs under this head fell to Rs 87.4 crore in FY23 from Rs 89.3 crore a year earlier…
• Davaindia Expands Affordable Healthcare Reach with New Store in Kerala
  12 Dec 2023, indianretailer.com
  Davaindia Generic Pharmacy, India’s largest private generic pharmacy retail chain (a brand of Zota Healthcare Ltd), thrilled to announce the grand opening of its newest store in the vibrant state of Kerala…
• Nestasia Expands Retail Footprint with Delhi Store Amid Nationwide Growth
  12 Dec 2023, indianretailer.com
  Home décor brand Nestasia announced the inauguration of its first offline store in North India in the heart of Delhi. Following its Bengaluru (Bangalore) launch last month, the brand is on a path to fulfill its vision of opening 20+ stores in 2024…
• WellBe Expands Guilt-Free Snacking Range in India’s Festive Retail Landscape
  12 Dec 2023, indianretailer.com
  One of the most glorious things about the festive season is the bonding over food – the way we share our joys and wishes over indulgent meals with friends and family…
• NIDO Group Welcomes Harsh Garg as Head of Product and Partnerships for Intralogistics Innovation
  12 Dec 2023, indianretailer.com
  NIDO Group, a leading intralogistics automation company, is set to onboard Harsh Garg as its Head of Product, Solutions, and Partnerships…
• Shark Tank-Backed HairOriginals Bags $2.75 mn to Accelerate Growth in India
  12 Dec 2023, indianretailer.com
  HairOriginals, India’s first D2C brand for 100 percent natural hair extensions and wigs, is a Shark Tank India Season 1 startup backed by Ashneer Grover, Piyush Bansal, and Anupam Mittal…
• Centrum Expands Portfolio with Multivitamin and Protein Powders
  12 Dec 2023, indianretailer.com
  Centrum, the World’s number 1 Multivitamin Brand# marketed by Haleon (erstwhile GlaxoSmithKline Consumer Healthcare) today announced the launch of Multivitamin and Protein Powders as an extension to its existing portfolio of tablets and gummies…
• Coty Inc Expands Beauty Footprint with Strategic Investment and Key Appointments
  12 Dec 2023, indianretailer.com
  Coty Inc. has unveiled ambitious plans to accelerate the footprint of its Prestige and Consumer Beauty business segments in India. This ambition is supported by significant investment in India, including the appointment of industry leader Rizwan Mulla as Business Development Director, India, the introduction of a new team and office…
• Top 10 Biggest Malls in India 2023: Shop Till You Drop!
  12 Dec 2023, indianretailer.com
  As you’re planning your next shopping spree, it’s a happy coincidence that India boasts some of the largest retail havens in the world. In 2023, you can elevate your retail therapy with a visit to the top 10 biggest shopping malls across the nation…
• Lifestyle Licensing: A Strategic Move for CPG, Beauty & Home Decor Brands in the Pursuit of Growth
  12 Dec 2023, irecwire.com
  Through the experiences and insights shared by industry experts, it becomes evident that a well-executed licensing strategy can not only extend brand universes but also foster growth, build brand equity, and open doors to new markets…
• KFC to acquire 218 franchised restaurants in UK, Ireland
  12 Dec 2023, restaurant.indianretailer.com
  KFC U.K. and Ireland has a strong track record of consistent growth that has continued this year, with system sales up 7% and same-store sales up 5% across its 1,040 restaurants…
• Chowman Opens its Newest Outlet
  12 Dec 2023, restaurant.indianretailer.com
  The 34-seater outlet promises an unparalleled dining experience, combining culinary excellence with the vibrant ambiance of Koramangala…
• Cafe Delhi Heights Launches a New Culinary Haven ‘Ikigai’
  12 Dec 2023, restaurant.indianretailer.com
  Rooted in the principles of holistic living, the menu focuses on five pillars: holistic living, best quality ingredients, sustainability, traditional techniques, and a harmonious blend of taste and health…
• From Rustic to Modern: How This Hyderabad Restaurateur has Changed the Face of Dining in the City
  12 Dec 2023, restaurant.indianretailer.com
  Known as the city of ‘Nawabs’, the dining scene in Hyderabad has changed from ethic, traditional dining to new age restaurant and bar concepts…
• Rooh by Shivani Unveils Ethical Elegance with the Peace Silk Collection
  12 Dec 2023, indianretailer.com
  Discover Rooh by Shivani’s latest marvel – the Peace Silk Collection, a testament to ethical and sustainable fashion. The collection’s unique selling proposition lies in its unwavering commitment to compassion, steering clear of conventional silk’s harm to silkworms…
• Miraggio and Deme Forge Unprecedented Collab, Defining Modern Elegance
  12 Dec 2023, indianretailer.com
  Miraggio, the trailblazing accessories brand celebrating innovation, sophistication, and inclusivity, is thrilled to announce its first-of-its-kind collaboration with the resortwear powerhouse Deme by Gabriella…
• Snitch Unveils Sukajan Collection, a Fusion of Tradition and Modernity
  12 Dec 2023, indianretailer.com
  The leading fast-fashion men’s apparel brand Snitch unveils its Sukajan collection on 8th December. In a world where tradition meets modernity, THE SUKAJAN COLLECTION redefines style with intricate designs and vibrant hues…
• The Monk’s Visionary Blend of Tradition and Tech Brilliance
  12 Dec 2023, indianretailer.com
  The Monk Eyewear proudly introduces the Sherlock H eyewear collection, a stellar addition to their already remarkable inventory…
• Domino’s Pizza Enhances Gourmet Pizza with Revamped Viva Roma Range
  12 Dec 2023, indianretailer.com
  Domino’s Pizza, India’s largest pizza chain, has revamped its delectable range of gourmet pizzas – Viva Roma. The new range of irresistible pizzas offers an indulging touch of gourmet and elevates the dining experience of the consumers…
• Mia by Tanishq Joins Cultural Wave with Sarang Hearts Collection
  12 Dec 2023, indianretailer.com
  With millennials and Gen Z increasingly hooked on K-dramas and K-pop, there’s a lively wave of deep-rooted influence extending beyond fashion, beauty, and language, significantly shaping various facets of Indian cultural habits…
• AQI lens zooms in on large real estate projects in Delhi
  11 Dec 2023, realty.economictimes.indiatimes.com
  A senior government official said the companies would have to send Google coordinates which will be examined by the ground staff of environment and other agencies from time to time…
• Global toy retailer Toys ‘R’ Us to start manufacturing in India from next year
  11 Dec 2023, retail.economictimes.indiatimes.com
  The company has expedited the process of manufacture in India as the Bureau of Indian Standards (BIS) has mandated that all electric and non-electric toys bear the ISI mark, and toys without an ISI mark are not permitted to be sold in the country…
• How ITC succeeded in pivoting from its traditional tobacco business to FMCG under Sanjiv Puri
  11 Dec 2023, retail.economictimes.indiatimes.com
  A look at ITC’s top line shows the revenue share of its tobacco business has nearly halved—from 62% in FY14 to 37% in FY23. This change can’t come about unless you understand the Indian consumer. Sanjiv Puri, chairman and managing director of ITC, is among the few executives who has a finger on their pulse. In an exclusive interaction with ET, Puri talks about how the FMCG behemoth came to be…
• Coca-Cola India forays into the alcohol segment
  11 Dec 2023, retail.economictimes.indiatimes.com
  “Alcohol is a very big category and we have on purpose decided to experiment,” Coca-Cola global marketing chief Manolo Arroyo told ET in a recent interview. “We’re very clear what kind of beverages consumers are demanding. I call it fuel for the body and the mind.”..
• India’s e-tailers seek to wring India’s festive mood further, more sales announced
  11 Dec 2023, retail.economictimes.indiatimes.com
  E-commerce platforms Myntra and Ajio are leveraging post-festival season demand with sales campaigns—’End Of Reason Sale’ and ‘Big Bold Sale’—offering discounted fashion products. Despite the official festival season’s end, companies continue offering discounts, some aligning with Black Friday and Cyber Monday. With weddings beginning in many parts of India, firms aim to sustain consumption momentum. ..
• Big discounting makes a comeback with a bang in early end-of-season sale
  11 Dec 2023, retail.economictimes.indiatimes.com
  ​Some brands said the year-end online discounts in categories like apparel, electronics and mobile phones would be among the highest this year, next only to the festive season deals. Most of the apparel brands have already started offering hefty discounts on their seasonal line-up of winter wear in brick-and-mortar stores, which they usually do towards December-end, they said…
• SP Apparels to buy Bannari Spinning Mills’ textile arm and garment unit
  11 Dec 2023, thehindubusinessline.com
  Bannari Amman Spinning Mills Ltd (BASML) has said that SP Apparels Ltd has evinced interest in buying its textile subsidiary, a garment factory, and Perundurai lands. The company is planning to utilise the funds from the proceeds to reduce it’s borrowings…
• Global brands want to join India’s growth curve
  11 Dec 2023, retail.economictimes.indiatimes.com
  India attracts global consumer brands due to its young population and rising disposable income. Recent entrants include Brioni, Laderach, Nine West, Foot Locker, NARS Cosmetics, Pottery Barn Kids, Maje, and Sandro. Deloitte estimates India to become the third largest consumer market by 2030…
• Sony confident for double-digit growth journey in India, helped by premiumisation
  11 Dec 2023, retail.economictimes.indiatimes.com
  The company’s premium television category comprising screen size of 55 inches and above along with audio products would be the “key growth drivers” for Sony India, as the trend of premium products has evolved in the country, Sony India Managing Director Sunil Nayyar said…
• E-commerce Vs Traditional Retail: Striking the Balance in India’s Evolving Retail Landscape
  11 Dec 2023, indianretailer.com
  In the dynamic and ever-changing marketing environment of today, brands are consistently exploring inventive approaches to engage their target audience and establish lasting connections…
• ACC Limited Forges Alliance with Gujarat Giants, Aims to Amplify Symbiosis of Biz and Sports
  11 Dec 2023, indianretailer.com
  ACC Limited, the eminent cement and building material company under Adani Cement, has unveiled a strategic collaboration with the revered Pro Kabaddi League team – ‘Gujarat Giants’, solidifying a noteworthy connection between commerce and sports in the Indian landscape…
• Isharya Elevates Indian Retail Jewelry Scene with Modern Maharani VI’s Timeless Craftsmanship
  11 Dec 2023, indianretailer.com
  Isharya, a pioneering force in contemporary jewelry, introduces the eagerly awaited sixth edition of its cherished Modern Maharani collection. Tailored for joyous occasions, the Modern Maharani VI transcends traditional boundaries, offering jeweled companions that promise enduring memories…
• ABFRL enters into JV with luxury designer Christian Louboutin
  09 Dec 2023, retail.economictimes.indiatimes.com
  “This partnership reflects our commitment to offering our discerning customers the very best in elegance and style. It also exemplifies our ambition to develop and shape the future of the luxury market in India,” commented Ashish Dikshit, MD, Aditya Birla Fashion and Retail…
• IPO-bound Swiggy appoints former Diageo India CEO Anand Kripalu as chairman of the board
  09 Dec 2023, retail.economictimes.indiatimes.com
  Kripalu, a graduate from IIM Calcutta and the CEO of packaging manufacturing company EPL, is a FMCG veteran. He was also the president for India and Southeast Asia at chocolate maker Mondelez. The board appointment comes at a time when Swiggy is said to be preparing for an initial public offering in 2024…
• KFC reaches 1,000 stores in India; to add a lakh jobs
  09 Dec 2023, retail.economictimes.indiatimes.com
  Yum Restaurants in India are operated by three franchisees – Devyani International Limited and Sapphire Foods which operate KFC and Pizza Hut, and Burman Hospitality which operates Taco Bell. KFC, which debuted in India in 1995, said it will add over a lakh jobs across the country…
• D2C women’s wear brand Uptownie eyes 2x growth, offline expansion
  09 Dec 2023, retail.economictimes.indiatimes.com
  To aid the offline expansion plans, the brand is planning to raise Rs 25 crore at a valuation of Rs 250 crore and will be diluting 10 per cent of its equity…
• E-commerce cos announce winter sales
  09 Dec 2023, retail.economictimes.indiatimes.com
  Ajio and Myntra are set to conduct their winter sales from 7th and 9th December, 2023, respectively…
• Zepto claims 2nd spot in monthly active customers, surpasses JioMart
  09 Dec 2023, business-standard.com
  The Bengaluru-based quick-commerce application (app) Zepto is making big strides. According to Sensor Tower data, it surpassed JioMart in November, securing the second position among grocery apps in terms of monthly usage…
• Fashion startup Newme launches first store in Mumbai
  09 Dec 2023, retail.economictimes.indiatimes.com
  “As we continue to grow, we are excited about the journey ahead, expanding our retail presence to over 12 stores across India in the next year and connecting with even more fashion-forward individuals across the country,” said Sumit Jasoria, co-founder and CEO, Newme…
• Zara expands second-hand platform to 14 European countries
  09 Dec 2023, retail.economictimes.indiatimes.com
  The service called ‘Pre-Owned’ is already available in the United Kingdom and France through Zara’s stores, its website and a mobile app. It will now launch in Spain, Germany, Austria, Belgium, Croatia, Slovakia, Slovenia, Finland, Greece, Ireland, Italy, Luxembourg, Netherlands and Portugal…
• McDonald’s plans to add about 10,000 new stores by 2027, double loyalty program sales
  09 Dec 2023, retail.economictimes.indiatimes.com
  The expansion plans it laid out would take its restaurant count to about 50,000 in over 100 countries and mark the fastest period of growth in the company’s history, McDonald’s said ahead of its investor day…
• Walmart top executives say difficult to predict consumer behavior next year
  09 Dec 2023, retail.economictimes.indiatimes.com
  The retail bellwether saw “anomalous type of behavior” from customers which “made us sit up in our chair” about the health of the consumer and what the purchasing behavior was, Chief Financial Officer John David Rainey said at the Morgan Stanley Global Consumer & Retail Conference…
• Domestic electronics manufacturing up four-fold to Rs 8.22 lakh crore in FY23: MoS IT
  09 Dec 2023, retail.economictimes.indiatimes.com
  “In FY 2013-14 the electronics manufacturing was Rs 1,80,454 crore ($29.8 billion) and has grown significantly to Rs 8,22,350 crore ($102 billion)in FY 2022-23, which is further expected to grow up to Rs 23,95,195 crore ($ 300 billion) by 2026,” the minister said…
• Tata plans new iPhone factory to hasten Apple’s India expansion
  09 Dec 2023, retail.economictimes.indiatimes.com
  Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter. The facility will likely have about 20 assembly lines and employ 50,000 workers within two years, according to the people, who declined to be named discussing unannounced plans. The goal is for the site to be operational in 12 to 18 months…
• ITC beats Adani, Britannia & Parle to become largest FMCG co in food space
  09 Dec 2023, retail.economictimes.indiatimes.com
  ITC clocked food FMCG sales of ₹17,100 crore in the period, while Britannia was at ₹16,700 crore, Adani Wilmar at ₹15,900 crore, Parle Products at ₹14,800 crore, Mondelez at ₹13,800 crore and Hindustan Unilever Ltd (HUL) at ₹12,200 crore, NielsenIQ data showed…
• Duroflex appoints Sridhar Balakrishnan as group CEO
  09 Dec 2023, retail.economictimes.indiatimes.com
  In his new role, Balakrishnan will lead the company’s management and growth strategies of both in-house brands under Duroflex Group – Duroflex and Sleepyhead, according to the release…
• Zomato, Swiggy seek a route to reach bottom of the pyramid
  09 Dec 2023, retail.economictimes.indiatimes.com
  Bengaluru-based Swiggy has launched a pilot called ‘Pockethero’ in about 15 cities in late November that will mainly target students and freshers looking for more affordable food delivery options. The platform has tied up with specific restaurants to offer higher discounts and free deliveries to onboard new customers…
• Levi’s CEO Chip Bergh to step down in January, handing over leadership to former CEO of Kohl’s
  09 Dec 2023, retail.economictimes.indiatimes.com
  Chip Bergh, 66, will cede the CEO job to Michelle Gass, 55, who left her CEO role at Kohl’s to become president of Levi’s in January of this year…
• HUL’s volume growth may remain tepid in Q3: Nomura
  09 Dec 2023, financialexpress.com
  Hindustan Unilever (HUL), the country’s largest consumer goods company, may see a muted volume growth in the October-December period, as festive demand remained weak, brokerage Nomura said on Thursday…
• Health snack brand Epigamia elevates COO Rahul Jain to CEO
  09 Dec 2023, retail.economictimes.indiatimes.com
  Epigamia, a Mumbai-based health snack brand, appoints Rahul Jain as CEO, succeeding Rohan Mirchandani who becomes executive chairman. Ankur Goel is promoted to COO. Jain, an IIT-Bombay and ISB-Hyderabad alum, spearheads business strategy, focusing on FMCG innovation and competitiveness…
• BIA Brands acquires skincare startup TrueKind
  09 Dec 2023, retail.economictimes.indiatimes.com
  “The acquisition of TrueKind is a key step in BIA Brands’ journey towards diversifying our offerings and venturing into the Beauty and Personal Care space. It embodies our goal to enhance our global reach and introduce innovative products,” said Sudhakar Adapa, founder, BIA Brands…
• Brigade Group to jointly develop two lakh sq ft office space in Bengaluru
  09 Dec 2023, realty.economictimes.indiatimes.com
  The project will have a developable area of around 0.20 million sq ft with a gross development value (GDV) of about Rs 500 crore…
• Listed REITs have failed to sparkle
  09 Dec 2023, realty.economictimes.indiatimes.com
  Prices of the listed REITs have mostly fallen so far this year, but investment advisors see better prospects for this asset class in 2024 if the government eases occupancy rules in special economic zones (SEZs)…
• Top 12 best Shopping Malls in Delhi NCR
  09 Dec 2023, businessoutreach.in
  Delhi’s dynamic open markets, upscale designer boutiques, and esteemed state emporiums have consistently been recognized for providing an exceptional shopping experience…
• Cult.sport Expands Beyond Online Realm, Opens Bengaluru Store
  09 Dec 2023, indianretailer.com
  Cult.sport, the leading destination for sports apparel, equipment, and supplements in India, celebrates the inauguration of its offline store in Bengaluru, a pivotal move in the brand’s expansion journey…
• Newme Debuts in Mumbai with Flagship Store at Infiniti Mall
  09 Dec 2023, indianretailer.com
  Newme, the pioneering Gen Z-focused fashion-tech startup, has entered the dynamic Mumbai market with the opening of its first flagship store at Infiniti Mall, Malad…
• Why There Is No Disneyland in India? Top 5 Alternatives to Look for in 2024
  09 Dec 2023, indianretailer.com
  As they say, ‘All that glitters is not gold,’ and while you might dream of a Disneyland in India, the reality is quite different. You’re probably wondering why the magic of Disney hasn’t found its way to the subcontinent…
• Jagat Pharma Expands Product Portfolio, Aims to Elevate Ayurvedic Well-Being
  09 Dec 2023, indianretailer.com
  Jagat Pharma has unveiled its latest offering, Pure Himalayan Shilajit Capsules, emphasizing a commitment to holistic health and wellness. These capsules integrate ancient Ayurvedic wisdom to enhance stamina and overall well-being in a convenient format…
• DAAWAT by LT Foods Earns ‘Top Brand’ Recognition in Australian Dry Rice Ratings
  09 Dec 2023, indianretailer.com
  LT Foods, a venerable Indian-origin FMCG company with a 70-year legacy in the consumer food space, proudly announces that its flagship brand, DAAWAT, has been recognized as the ‘Top Brand’ in Canstar Blue’s latest dry rice ratings in Australia…
• Explore ‘The Rajwadi Roshni Collection’ at Fulchand Gulabchand Jewellers
  09 Dec 2023, indianretailer.com
  Fulchand Gulabchand Jewellers introduces their latest wedding collection, ‘The Rajwadi Roshni Collection,’ seamlessly blending timeless elegance with modern aesthetics inspired by India’s cultural opulence…
• Nysh.in Debuts Advanced BlueHeat Pain Relief Patches for Targeted Discomfort Relief
  09 Dec 2023, indianretailer.com
  Nysh.in, a distinguished provider of effective pain relief solutions in India, has proudly introduced its latest product – BlueHeat Pain Relief Patches for Neck and Shoulder…
• Clensta Enlists JM Financial to Navigate Expansion Plans in Retail and Beyond
  09 Dec 2023, indianretailer.com
  Personal care brand Clensta, supported by Parineeti Chopra, has appointed JM Financial, a prominent investment banking firm in India, to serve as its investment banker to propel its expansion initiatives…
• Top 10 Best Ladies Watch Brands in India
  09 Dec 2023, indianretailer.com
  Are you on the search for a timepiece that’s as stylish as it is functional? India offers a diverse range of ladies’ watch brands to suit your taste and budget…
• Top 10 Best Shoe Brands in India
  09 Dec 2023, indianretailer.com
  Shoes are not just a necessity; they are a statement of style and comfort. In India, the footwear industry has witnessed remarkable growth, with several brands offering a diverse range of shoes to cater to the diverse preferences of consumers..
• Top 10 Brands Like Decathlon In India
  09 Dec 2023, retail.economictimes.indiatimes.com
  India’s retail landscape has witnessed a remarkable transformation in recent years, with an influx of international and domestic brands catering to the diverse needs of consumers…
• 10 Best Cigarette Brands in India to Know in 2023
  09 Dec 2023, indianretailer.com
  In the swirling smoke of India’s bustling streets, you’ll find a mosaic of cigarette brands vying for your attention. As you navigate the complex world of tobacco, it’s crucial to know the key players in the market…
• BIA Brands Ventures into Skincare with TrueKind Acquisition
  09 Dec 2023, indianretailer.com
  BIA Brands has strategically acquired TrueKind, a trailblazer in clean, conscious, and high-performance skincare, signaling BIA Brands’ foray into the skincare sector and expanding its footprint in the Beauty and Personal Care (BPC) market in India…
• Davangere-Based Phases Raises Rs 30 Lakhs in Angel Funding
  09 Dec 2023, indianretailer.com
  In a significant stride for Davangere, Karnataka, Phases, a natural skincare startup, secured angel funding of Rs 30 Lakhs, representing a 20 percent equity dilution, from Aparna Thyagarajan, Co-Founder of Shobitam, Inc…
• Navigating the Dynamic Landscape of Kids’ Digital Entertainment Industry in India
  09 Dec 2023, indianretailer.com
  In the heart of the ever-evolving digital landscape, the Kids’ Digital Entertainment Market stands as a dynamic realm, where creativity, technology, and imagination converge to shape the narratives that captivate young minds. A recent panel discussion, featuring industry leaders, delved into the nuances of this fascinating journey, shedding light on cross-media franchises, interactive storytelling, and the transformative impact of technology…
• Zippo’s Stylish Presence in Indian Retail Amid Transitions
  09 Dec 2023, irecwire.com
  Zippo has been making waves in the Indian market, albeit discreetly. Lucas Johnson, Associate Vice President, Zippo Global Marketing sheds light on the company’s recent endeavors…
• Curefoods Joins Rajasthan Royals as Official Partner
  09 Dec 2023, restaurant.indianretailer.com
  Rajasthan Royals and Curefoods will team up for various ventures, encompassing unique digital content, engaging fan interactions, and health-focused campaigns…
• Anand Kripalu Joins Swiggy Board as Independent Director and Chairperson
  09 Dec 2023, restaurant.indianretailer.com
  Anand Kripalu’s extensive experience in consumer goods will play a crucial role in steering Swiggy’s innovation and evolution within India’s on-demand delivery sector. ..
• Cygnett Hotels & Resorts Unveils New Property in Ayodhya, UP
  09 Dec 2023, restaurant.indianretailer.com
  The hotel offers the Summit Columbia Banquet Hall for both social and corporate gatherings with contemporary architecture alongside top-tier amenities and service…
• ISPL Launches India’s First Premium RTD Shots ‘Swigger’
  09 Dec 2023, restaurant.indianretailer.com
  The brand’s future direction involves venturing into ethnic bars, cookies, cupcakes, and ultimately, single serve mithai sachets…
• From Tokyo to Mumbai: How Maestro Chef Koji Sagawa is Crafting Japanese Culinary Alchemy
  09 Dec 2023, restaurant.indianretailer.com
  Boasting an impressive 39-year career as a sushi chef, Chef Koji Sagawa, honored as Dubai’s Japanese Michelin chef in 2022, stands out as one of Japan’s top sushi chefs…
• ISPLThe Fern Hotels and Resorts Expands Presence with The Fern Residency, Ajmer
  09 Dec 2023, indianretailer.com
  The Fern Hotels and Resorts have unveiled their latest property, The Fern Residency, Ajmer, marking their 14th establishment in the culturally rich state of Rajasthan, India…
• Provenance Unveils Gourmet Gift Boutique and Café at Ligne Roset in Mumbai
  09 Dec 2023, indianretailer.com
  Just as the festive spirit embraces Christmas and the New Year, Provenance has opened its gourmet gift boutique and café at Ligne Roset, the esteemed French home décor store in Prabhadevi, Mumbai…
• AJIO Expects 40 pc Growth in Orders During Sale Days
  09 Dec 2023, indianretailer.com
  India’s premier fashion e-tailer, AJIO, has revealed its flagship event, the ‘Big Bold Sale,’ powered by Adidas and co-powered by Superdry, set to kick off on December 7, 2023…
• Navigating the Dynamic Landscape of Kids’ Digital Entertainment Industry in India
  09 Dec 2023, indianretailer.com
  In the heart of the ever-evolving digital landscape, the Kids’ Digital Entertainment Market stands as a dynamic realm, where creativity, technology, and imagination converge to shape the narratives that captivate young minds…
• REAL ESTATE SECTOR WELCOMES RBI’S REPO RATE STANCE
  09 Dec 2023, rprealtyplus.com
  After the The Reserve Bank of India’s MPC declared repo rates unchanged at 6.5 percent, industry experts expressed their thoughts on the same by some welcoming the move while some also talking about its negative part…
• Domino’s gaining share from local rivals, says CEO Russell Weiner
  09 Dec 2023, retail.economictimes.indiatimes.com
  “A large, fragmented category offers significant growth opportunity,” Russell said in a presentation during the company’s Global Investor Day on Thursday…
• Bravado’s Artisan Men’s Grooming Takes Center Stage at Cosmoprof India 2023
  09 Dec 2023, indianretailer.com
  In a market saturated with men’s grooming products, Bravado, a daring artisan luxury brand, is rewriting the narrative by prioritizing ‘impressing yourself.’..
• ISEndefo Elevates Tech Style with NEO PRO
  09 Dec 2023, indianretailer.com
  Dubai-based electronics and lifestyle brand, Endefo, introduces two cutting-edge smartwatches, Enfit NEO and Enfit NEO PRO, into the Indian retail market…
• ISPLU&i’s Boom Box Series Emerges as a Game-Changer in Indian Market
  09 Dec 2023, indianretailer.com
  U&i, India’s premier brand in gadgets, accessories, and consumer electronics, has unveiled its latest offering with the launch of the Boom Box Series wireless speaker…
• Lemon Lilt Redefines Urban Fashion Landscape with Debut Collection
  09 Dec 2023, indianretailer.com
  Lemon Lilt, a distinguished streetwear label founded by two best friends sharing a passion for quality streetwear, has unveiled its inaugural collection, presenting a fresh perspective on urban fashion in India…
• Parra Debuts in Delhi as a Khubani Family Venture
  09 Dec 2023, restaurant.indianretailer.com
  The Madan brothers plan to expand the venture in 2024, aiming to open ten new locations including boutique resorts and hotels…
• Fairmont Jaipur Names Shahnaaz Anjum as Director of F&B
  09 Dec 2023, restaurant.indianretailer.com
  Shahnaaz possesses a demonstrated history of excelling in the management of bustling restaurants and comprehensive oversight of catering operations, encompassing event planning, menu development, and supervision of culinary preparations…
• Cakes by Flower Aura Teams Up with Swiggy & Zomato
  09 Dec 2023, restaurant.indianretailer.com
  The partnership between Flower Aura and these platforms is geared towards making their diverse range of cakes more accessible to customers, aiming to improve convenience and reach…
• Curefoods Joins Rajasthan Royals as Official Partner
  09 Dec 2023, restaurant.indianretailer.com
  Rajasthan Royals and Curefoods will team up for various ventures, encompassing unique digital content, engaging fan interactions, and health-focused campaigns..
• Pebble and Pepe Jeans Blend Fashion and Technology with Limited Edition Smartwatch
  09 Dec 2023, indianretailer.com
  In a harmonious convergence of fashion and technology, Pebble, India’s fastest-growing smartwatch brand, has collaborated with Pepe Jeans London to unveil a special edition Bluetooth Calling smartwatch…
• Sara Ali Khan Joins Forces with Iconic Denim Brand Lee in India as Brand Ambassador
  09 Dec 2023, indianretailer.com
  Iconic denim brand Lee has officially announced Sara Ali Khan as its brand ambassador in India, coinciding with the launch of their new brand campaign titled “Lee: Home of the Real Denim.”..
• Oberoi Realty completes acquisition of 6.4 acres land in Thane for Rs 196 crore
  06 Dec 2023, realty.economictimes.indiatimes.com
  In May 2023, the company had entered into a memorandum of understanding with NRB Bearings (NRB) for acquiring the lands located at Pokhran Road 2, Thane, Maharashtra, together with structures thereon…
• Wipro Consumer Care acquires three soap brands from VVF Ltd
  06 Dec 2023, retail.economictimes.indiatimes.com
  Wipro Consumer Care and Lighting (WCCL) has acquired three soap brands – Jo, Doy, and Bacter Shield – from VVF Limited, marking its third acquisition in the past year. The acquisition is part of Wipro’s strategy to expand into new sub-segments within the Rs28000 crore soap market. Jo toilet soap has a significant market share in north, east, and west markets, while Doy operates in the premium segment, competing against Dove and Pears…
• India fastest growing market for Skechers: CFO John Vandemore
  06 Dec 2023, retail.economictimes.indiatimes.com
  Declining to share the investment made to set up the facility, Vandemore said, “We don’t give specifics around investments however, this is one of the many investments we have made in the Indian market. We believe India can be one of our top markets globally…It is already our fastest growing.”..
• P&G to record up to $2.5 bln in Gillette writedown, operations rejig
  06 Dec 2023, retail.economictimes.indiatimes.com
  The company expected its Gillette business to grow in the range of 5%, Chief Financial Officer Andre Schulten said at a Morgan Stanley conference on Tuesday, in line with growth over the last three years…
• Government to set up subsidised staple food stores at Delhi Metro Stations
  06 Dec 2023, retail.economictimes.indiatimes.com
  The first store will be opened at Central Delhi’s Rajiv Chowk metro station, to tap into the high footfall it receives. It will be owned and operated by National Cooperative Consumers’ Federation of India Ltd (NCCF) – an organisation that procures agricultural commodities like food grains, pulses, spices, oil seeds, pharmaceutical items and other consumer goods on behalf of the government and sells to consumers at reasonable rates…
• Pre-Diwali orders still on shelves, kiranas cut back on fresh orders with FMCG companies
  06 Dec 2023, retail.economictimes.indiatimes.com
  FMCG companies had indicated that consistent decline in rural markets had halted in the September quarter but deficient rains, followed by a spike in food prices affected the second part of the quarter. Sales in villages fell 9.6% year-on-year in November, more than the 3.5% decline in cities, said Bizom, which expects rural consumption rebound to take slightly longer…
• Surging gold prompts Indians to recycle jewelry for weddings
  06 Dec 2023, retail.economictimes.indiatimes.com
  Surging gold prices in India are leading some individuals to exchange their gold jewelry for new pieces, particularly during the wedding season. Higher prices are driving more Indians to reuse their gold, and while consumers are purchasing for weddings, overall demand is relatively subdued. Gold prices in India have reached around Rs 60,000 for 10 grams…
• India to be third-largest economy by 2030: S&P Global Ratings
  06 Dec 2023, retail.economictimes.indiatimes.com
  S&P Global Ratings forecasts India as the third-largest economy by 2030, emphasizing the nation’s critical transition to a manufacturing hub. To achieve this, S&P stresses the need for a robust logistics framework, highlighting the importance of upskilling the workforce and boosting female labor force participation for harnessing India’s labor market potential…
• Hybon Elevators’ Strategic Expansion Unveils Experience Center in Chandigarh
  06 Dec 2023, indianretailer.com
  Hybon Elevators and Escalators proudly announce the inauguration of its Experience Center in Chandigarh, strategically positioned in the thriving tri-city area of Chandigarh, Mohali, and Zirakpur…
• Stovekraft Marks North India Entry with Pigeon Brand Outlet in Delhi
  06 Dec 2023, indianretailer.com
  In a strategic move to cater to the surging demand for enhanced in-store shopping experiences, Stovekraft Limited, renowned for innovative Cookware, Kitchenware Appliances, and Consumer Lighting, inaugurates its premier exclusive Pigeon Brand Outlet in Mayur Vihar, New Delhi…
• Flyrobe Expands Offline Presence with Fashion Rental Store in Surat
  06 Dec 2023, indianretailer.com
  India’s leading fashion rental service, Flyrobe, takes a bold step in its commitment to revolutionize the fashion landscape by inaugurating an offline store in Surat…
• Jaipur Watch Company Expands Horological Haven with Third Store at Pune’s Kopa Mall
  06 Dec 2023, indianretailer.com
  Jaipur Watch Company, featured on Shark Tank India and revered among watch enthusiasts, reached new milestones under the guidance of horologist Gaurav Mehta…
• Paytm Aims to Onboard 10 Million Merchants on ONDC Platform by 2025
  06 Dec 2023, indianretailer.com
  One97 Communications, the parent company of digital payment giant Paytm, is gearing up to bring 10 million merchants onto the Open Network for Digital Commerce (ONDC) platform by the end of 2025…
• ETUDE’s Symphony: A Harmonious Journey through India’s Retail Landscape
  06 Dec 2023, indianretailer.com
  Established in 1985, ETUDE is the leading K-Beauty makeup brand renowned for its adorable and girly charm. Dedicated to fulfilling women’s dreams of beautiful transformations akin to a princess, ETUDE embarked on its international journey in 2007, debuting in Thailand…
• Saya Group Soars to New Heights with Rs 4,000 cr Initiative
  06 Dec 2023, indianretailer.com
  Saya Group, a prominent real estate developer, reveals its ambitious vision to achieve a noteworthy development valued at Rs 4,000 crore over the next three years…
• Factor Notes Sets the Tone for Serenity with 2024 Wellness Planners
  06 Dec 2023, indianretailer.com
  Factor Notes, the homegrown direct-to-consumer (D2C) brand, is delighted to introduce its highly awaited premium curated planners for 2024. Rooted in the essence of curated premium planners, these artistic creations are meticulously designed to evoke serenity and sanguinity, prioritizing mental health and emotional well-being…
• Archies Elevates Gifting Experience with Same-Day Delivery Launch in Delhi NCR
  06 Dec 2023, indianretailer.com
  Archies, a stalwart in the Indian retail and gifting sector for over four decades, announces the introduction of same-day delivery services in Delhi NCR…
• HUEMN Expands Horizons through Collaborative Perfumery Venture with Olfa Originals
  06 Dec 2023, indianretailer.com
  For over a decade, fearlessness and enthusiasm have been guiding principles at HUEMN, propelling the growth of the team, skills, and community…
• ISPL Launches India’s First Premium RTD Shots ‘Swigger’
  06 Dec 2023, restaurant.indianretailer.com
  The Gin-based RTD shots feature distillation incorporating Elderflower & Berries and Pink Grapefruit & Lime, while the Vodka-based options include Mandarin and Lime, Lychee, and Cinnamon…
• Vishwajeet Singh Promoted to Director of Sales & Marketing at Le Meridien, Gurgaon
  06 Dec 2023, restaurant.indianretailer.com
  Le Meridien Gurgaon, Delhi NCR announced the promotion of Vishwajeet Singh to the role of Director of Sales and Marketing…
• Peepal’s IFC M3M Unveiled Gurugram Venture
  06 Dec 2023, restaurant.indianretailer.com
  Peepal at IFC M3M Gurugram presents an inventive theme which is fusing peepal with cocktails…
• Harshad Nalawade Appointed as General Manager at DoubleTree Goa Panaji
  06 Dec 2023, restaurant.indianretailer.com
  Mr. Nalawade leadership, particularly in food and beverage services and hotel operations has made a lasting impact across diverse brands and locations…
• Barista Coffee Unveils Winter Beverages Menu
  06 Dec 2023, restaurant.indianretailer.com
  The brand has over 390 outlets in both India and Sri Lanka, spanning across 120 cities. Barista Coffee Company Limited unveils its winter special menu. The winter drink collection harmonizes warming flavours that signifies the essence of the season…
• Jubilant FoodWorks Achieves India’s First ‘No Antibiotics Ever’ in Poultry Sourcing
  06 Dec 2023, restaurant.indianretailer.com
  In order to reach the “No Antibiotics Ever”, the company has established a rigorous Surveillance and Oversight System that extends across farms, slaughterhouses, and processing facilities…
• DENNISON Sets the Night Ablaze with the Launch of ‘Club Wear Collection’
  06 Dec 2023, indianretailer.com
  DENNISON, a pioneering force in the fashion industry, is thrilled to announce the launch of its latest and most dynamic collection to date—the “Club Wear Collection.”…
• Dhruv Kapoor Introduces Exclusive, Affordable Collection on AJIO
  06 Dec 2023, indianretailer.com
  Renowned global designer label Dhruv Kapoor has unveiled a budget-friendly collection available exclusively on AJIO. This partnership introduces sought-after designer wear to AJIO’s customers at unprecedented industry prices…
• COLLIERS APPOINTS DR. PRAFULLA AGARWAL AS MD – CLIENT STRATEGIC SOLUTIONS
  05 Dec 2023, rprealtyplus.com
  Diversified real estate professional services firm, Colliers, has appointed industry veteran, Dr. Prafulla Agarwal, as the Managing Director, Client Strategic Solutions…
• Brigade Enterprises to jointly develop four acres project in Mysuru
  05 Dec 2023, realty.economictimes.indiatimes.com
  The developable area of the project will be about 0.40 million sq ft with a gross development value (GDV) of Rs 300 crore. Brigade Group recently launched a residential project – Brigade Sanctuary, spread across 14 acres in Bengaluru…
• Bahri Hospitality and Cuisines to open 30 outlets of Délifrance over next 5 years
  05 Dec 2023, retail.economictimes.indiatimes.com
  Apart from this, Bahri Hospitality and Cuisines Pvt Ltd, which has bagged the master franchise rights of Délifrance, a 100-year-old French bakery, has also invested Rs 9.5 crore to open the production unit in Delhi spread across 8,000 sq.ft area…
• BookMyShow turns profitable; FY23 operating revenue nears Rs 1,000 crore
  05 Dec 2023, retail.economictimes.indiatimes.com
  In FY23, the company posted a profit of Rs 85.72 crore, turning around from the Rs 92.2-crore loss incurred in the previous fiscal year…
• Cultsport bets on offline play, category expansion
  05 Dec 2023, retail.economictimes.indiatimes.com
  The company recently opened its first store in Bengaluru. Cultsports which started selling online in 2019 on the Cult application, expanded its presence across key marketplaces such as Myntra, Flipkart, and Amazon. It also went omnichannel by selling in multi-brand outlets offline…
• Diageo expands its tequila portfolio in India, introduces Don Julio
  05 Dec 2023, retail.economictimes.indiatimes.com
  ​The company is planning to launch the entire portfolio of Don Julio in India. Don Julio Blanco and Don Julio Reposado are already available across Haryana, Chandigarh, Maharashtra, and Goa, while Anejo and 1942 will be available from December 18 onwards…
• Paytm planning deeper push for ONDC, targets 10 million merchants: CEO Vijay Shekhar Sharma
  05 Dec 2023, retail.economictimes.indiatimes.com
  ONDC’s chief business officer Shireesh Joshi told ET that the network was recording over 1 lakh transactions regularly per day…
• Bath & Body Works partners with Shoppers Stop, expanding in India
  05 Dec 2023, retail.economictimes.indiatimes.com
  Shoppers Stop will be home to the Bath & Body Works first shop-in-shop at the City Centre Mall in Salt Lake, Kolkata. This strategic move aligns seamlessly with Apparel Group’s vision for Bath & Body Works’ growth in India through the shop-in-shop format, to introduce the brand to a new and vibrant market…
• ‘Lovin’ it’: McDonald’s raises China bet, bucking Western firms’ derisking trend
  05 Dec 2023, retail.economictimes.indiatimes.com
  McDonald’s has used funds from the Carlyle investment to double its restaurant count since 2017 to 5,500, and the country has become its second-largest market. The business aims to have more than 10,000 stores in China by 2028. Competitors of McDonald’s are also expanding their reach in China…
• Restaurants in Vizag serve stale food items at discount
  05 Dec 2023, retail.economictimes.indiatimes.com
  he officials observed that the restaurants are selling stored (stale) food by offering discounts ranging from 30 to 40 per cent. A majority of the stored food products (chicken, mutton, fish and prawn) are being sold as food parcels during the night hours, instead of being served at the restaurants…
• Jaipur Watch Company Expands Horological Haven with Third Store at Pune’s Kopa Mall
  05 Dec 2023, indianretailer.com
  Jaipur Watch Company, featured on Shark Tank India and revered among watch enthusiasts, reached new milestones under the guidance of horologist Gaurav Mehta…
• Apparel Group and Shoppers Stop Join Forces to Introduce Bath and Body Works
  05 Dec 2023, indianretailer.com
  In a noteworthy development within India’s retail landscape, global fashion and lifestyle conglomerate, Apparel Group, exclusively collaborates with Shoppers Stop to usher in one of America’s top fragrance brands, Bath and Body Works, into the Indian market…
• Diviana’s Fusion of Italian Elegance and Indian Craftsmanship in Luxury Furniture
  05 Dec 2023, indianretailer.com
  In the heart of India’s bustling retail landscape, Diviana, the brainchild of Kapil Chopra since 2009, has carved a niche for itself in the ultra-luxury interior space within the NCR…
• Caprese Sets Trends with AI-Driven Innovation and Premieres Chic Monogram Collection
  05 Dec 2023, indianretailer.com
  In the dynamic landscape of the fashion industry, Caprese, a leading name in luxury handbags in India, continues to stay ahead by integrating AI-generated images into its communication strategy…
• GNC Teams Up with Pawan Sehrawat to Boost Indian Kabaddi
  05 Dec 2023, indianretailer.com
  In a unique venture within India’s retail landscape, GNC, synonymous with the ethos of “Live well,” announces its collaboration with Pawan Sehrawat, a prominent figure in the Pro-Kabaddi League…
• ONDC, Google Cloud, and Industry Leaders Unveil ‘Build for Bharat’ to Foster Digital Commerce
  05 Dec 2023, indianretailer.com
  The Open Network for Digital Commerce (ONDC), in collaboration with Google Cloud India, Antler in India, Paytm, Protean, and Startup India, announces the ‘Build for Bharat’ initiative…
• Blaupunkt’s PS30 Pro Elevates the Audio Experience with Innovation
  05 Dec 2023, indianretailer.com
  In a recent debut within the Indian retail landscape, Blaupunkt, the esteemed German audio brand, introduces its latest creation – the PS30 Pro, a portable speaker designed to transform every gathering into an electrifying event…
• Dhruv Kapoor Ventures into Affordable Fashion Sector via Ajio
  05 Dec 2023, indianretailer.com
  In a notable move within India’s retail sphere, globally acclaimed designer label Dhruv Kapoor has unveiled an affordable collection exclusively on AJIO…
• MTR Foods’ Culinary Triumph
  05 Dec 2023, irecwire.com
  Spices and mixes category stands as the behemoth of MTR’s product portfolio, contributing a substantial 55 percent to its overall revenue…
• Jubilant FoodWorks Achieves India’s First ‘No Antibiotics Ever’ in Poultry Sourcing
  05 Dec 2023, restaurant.indianretailer.com
  In order to reach the “No Antibiotics Ever”, the company has established a rigorous Surveillance and Oversight System that extends across farms, slaughterhouses, and processing facilities…
• Mumbai Gets Godfather Era Bar ‘Larrikin’
  05 Dec 2023, restaurant.indianretailer.com
  The food menu at LARRIKIN draws inspiration from European cuisine and features imported prime-cut meats. Chef Dil Gurung has curated a delectable blend of dishes which are meticulously prepared to satisfy the most discerning palate…
• Scuzo Ice ‘O’ Magic Appointed R.P. Mishra as CEO
  05 Dec 2023, restaurant.indianretailer.com
  Scuzo Ice ‘O’ Magic believes that Mr. R.P. Mishra’s leadership will be instrumental in guiding the company toward sustained success and realizing its expansion objectives…
• SPOYL Partners with Netflix to Unleash Nostalgic ‘The Archies’ Merchandise in India
  05 Dec 2023, indianretailer.com
  In a pioneering move that fuses fashion and entertainment, SPOYL, the go-to fashion destination for Gen Z on Flipkart, is set to launch the official merchandise for Zoya Akhtar’s upcoming 1960s Netflix film, ‘The Archies.’…
• Bengal Warriors Gear Up for Pro Kabaddi League 10 with Stellar Brand Lineup
  05 Dec 2023, indianretailer.com
  As the much-anticipated 10th season of the Pro Kabaddi League approaches, the Bengal Warriors, a founding team in the competition, intensify their preparations under the guidance of legendary coach K. Baskaran…
• HRX Cafe Launches to Redefine Healthy Eating Across Mumbai’s Retail Landscape
  05 Dec 2023, indianretailer.com
  In a strategic move within India’s bustling retail landscape, EatFit, India’s largest healthy food platform under Curefoods, and HRX, the country’s premier homegrown fitness brand founded by Hrithik Roshan and Exceed Entertainment, proudly introduces the HRX Cafe…
• Pepe Jeans aims Rs 2,000 cr sales in the next 3 years, to add over 100 stores
  04 Dec 2023, retail.economictimes.indiatimes.com
  Currently, the top eight cities contribute to around 58 per cent of the Pepe Jeans business and the rest 42 per cent comes from tier II and below markets. In the premium denim space, Pepe Jeans London is the second leading brand in the segment. The premium denim space is led by US-based jeans manufacturing brand Levi’s…
• Wipro Consumer Care Ventures launches second fund with Rs 250 cr-corpus
  04 Dec 2023, retail.economictimes.indiatimes.com
  Wipro Consumer Care – Ventures has launched a second fund with a corpus of Rs 250 crore, focusing on investing in consumer startups in India and Southeast Asia. The fund, launched four years ago with a corpus of Rs 200 crore, has made 10 investments so far. The fund has made part exits from two of its investments and has achieved a 10x increase in a short period. ..
• Sony India’s net profit jumps 31% as buyers lap up premium products
  04 Dec 2023, retail.economictimes.indiatimes.com
  As per the company’s latest regulatory filings to the Registrar of Companies (RoC), Sony India revenue expanded 23% to ‘6,353 crore in the year under review, reaching pre-pandemic FY19 levels, while net profit went up by 31% to ‘136 crore…
• Russian beverage & aluminium majors eye JVs under Make in India initiative
  04 Dec 2023, retail.economictimes.indiatimes.com
  Russia’s premium wine maker Boris Titov is entering into a JV with an Indian partner to set up a unit near Delhi to produce sparkling wine…
• India to become Pepe Jeans’ largest market in two years: Global CEO Marcella Wartenbergh
  04 Dec 2023, retail.economictimes.indiatimes.com
  “We are seeing accelerated growth in India compared to more mature markets and have outpaced in terms of sales and profit. Also, Gen Z still doesn’t have enough money and it is really millennials and Gen Y that will drive the market and we need to make sure the brand fits them,” Wartenbergh told ET in an exclusive interaction. “One of the big advantages that India has is they are very close to the suppliers and that helps to be much faster in innovation.”..
• Kiranas grapple with poor FMCG sales amid weak demand
  04 Dec 2023, financialexpress.com
  Many mom-and-pop shop owners in the country are struggling with the excess fast-moving consumer goods (FMCG) inventory in their stores after witnessing poor sales…
• Balrampur Chini aims to maintain growth traction; acquisition opportunities on radar
  04 Dec 2023, retail.economictimes.indiatimes.com
  The city-based sugar major, which operates ten sugar factories in Uttar Pradesh with an aggregate sugarcane crushing capacity exceeding 80,000 TCD, remains open to acquisitions for inorganic growth while maintaining organic growth in its existing mills…
• Charting the global economy: Growth is slowing around the world
  04 Dec 2023, retail.economictimes.indiatimes.com
  Growth is losing momentum in many countries and won’t edge up until 2025, when real incomes recover from the inflation shock…
• GreaterDell misses quarterly revenue estimates on slow PC market recovery
  04 Dec 2023, retail.economictimes.indiatimes.com
  “Dell was not the only PC vendor to face the challenge. However, Dell has more impact than its competitors due to the weakness in the business PC market, which is a core market (for the company),” said Mikako Kitagawa, analyst at Gartner…
• Diviana’s Fusion of Italian Elegance and Indian Craftsmanship in Luxury Furniture
  04 Dec 2023, indianretailer.com
  In the heart of India’s bustling retail landscape, Diviana, the brainchild of Kapil Chopra since 2009, has carved a niche for itself in the ultra-luxury interior space within the NCR…
• WoodenStreet Achieves Impressive Growth in Home Retail Sector
  04 Dec 2023, indianretailer.com
  WoodenStreet, a prominent home furniture and decor brand in India, has exhibited significant growth, boasting approximately a 50 percent increase in margins compared to the previous year…
• DENNISON Elevates Nightlife Fashion with the Debut of “Club Wear Collection”
  04 Dec 2023, indianretailer.com
  DENNISON has introduced its latest and most dynamic collection yet—the “Club Wear Collection,” showcasing an infusion of creativity and boldness set to reshape nightlife fashion with its cutting-edge style…
• Zingavita Welcomes Dheeraj Nagpal as Co-Founder to Drive Innovation and Growth in Health Sector
  04 Dec 2023, retail.economictimes.indiatimes.com
  Zingavita, a key player in India’s retail health industry, has appointed Dheeraj Nagpal as Co-Founder, signaling a strategic move towards enhancing its product innovation, brand strategy, and marketing…
• The New Right to Repair Act and Its Implications for Multi-brand Automotive Services in India
  04 Dec 2023, indianretailer.com
  Consumers often find themselves disadvantaged in a world where manufacturers have a firm grip on repair services. With substantial authority, these manufacturers set prices and manage the core aspects of goods and services, resulting in a system where costs rise to unaffordable levels and competition is limited…
• DLF UNVEILS ‘PARTNER PRO’ LOYALTY PROGRAM FOR CHANNEL PARTNERS
  02 Dec 2023, rprealtyplus.com
  DLF, India’s largest real estate company has recently launched Partner Pro, a loyalty program exclusively tailored for its esteemed channel partner community across India…
• BHUMIKA GROUP VENTURES INTO METRO MALL SEGMENT
  02 Dec 2023, rprealtyplus.com
  Bhumika Group, a leading retail real estate developer based out of New Delhi, announces its foray into the Metro Mall segment with the recent award of the Letter of Acceptance (LOA) for the NHPC Metro Station project from the Delhi Metro Rail Corporation (DMRC)…
• MALLS AS RETAIL DESTINATIONS & COMMUNITY HUBS
  02 Dec 2023, rprealtyplus.com
  Shopping malls are adapting to the evolving dynamics of a consumer-centric market and are now surpassing traditional norms by turning malls into dynamic retail destinations that also serve as community hubs. In the past, malls were centered on singular awe-inspiring focal points…
• The Phoenix Mills’ subsidiaries receives order for GST demand & penalty
  02 Dec 2023, realty.economictimes.indiatimes.com
  While MCRPL received notice of Rs 97.63 lakh (including interest and penalty), PHLL received notice of Rs 6.15 crore. The notices have been served over the GST liability on account of claiming of Block ITC as per section 17(5) of MGST Act…
• Hindustan Unilever splits beauty and personal care division
  02 Dec 2023, retail.economictimes.indiatimes.com
  The BPC division’s transition to B&W and PC will take effect from April 1, 2024. With sales of Rs 5,809 crore, BPC contributed 38% to the company’s September quarter numbers – higher than home care and foods & refreshment…
• ONDC to increase its merchant count to 300,000 by this fiscal end
  02 Dec 2023, retail.economictimes.indiatimes.com
  The state-run digital network platform, which recorded less than 5,000 transactions in March, is also aiming to increase the number of transactions to 6-7 million…
• Tata Consumer Products appoints Ashish Goenka as Group CFO
  02 Dec 2023, retail.economictimes.indiatimes.com
  Goenka will be succeeding L Krishnakumar who retired as Finance function of Tara Consumer Products on October 31st, 2023. Krishnakumar will continue as Senior Advisor until March 31st, 2024…
• Lenskart to open 300-400 stores in Southeast Asia by 2025
  02 Dec 2023, retail.economictimes.indiatimes.com
  “We’re looking at opening 300-400 stores in southeast Asia in the next two years. Initially, we go slow, but we like to go deep. We’ve been in Singapore for the last three years, and are going to Thailand this year, and after a year in Thailand, we’ll go to the Philippines,” he added…
• Sexual health and wellness brand Bold Care announces actor Ranveer Singh as co-owner
  02 Dec 2023, retail.economictimes.indiatimes.com
  Founded in 2019, the online brand Bold Care sells sexual wellness products, natural supplements, a condom range and water-based lubes through its website and major e-commerce platforms in India. ​​Also, it provides science-backed solutions for intimate health issues of men…
• Muted festive demand has led to excess stocks: FMCG distributors
  02 Dec 2023, retail.economictimes.indiatimes.com
  “Contrary to expectations, Diwali witnessed subdued enthusiasm for the FMCG sector. Post-Diwali sales have historically been low. Particularly hard-hit segments are chocolates, confectionery and biscuits, followed by beauty, and cosmetics,” said Dhairyashil Patil, national president of All India Consumer Products Distributors Federation (AICPDF)…
• Amazon top seller Appario’s revenue dips 8% in FY23
  02 Dec 2023, retail.economictimes.indiatimes.com
  Appario Retail reported a marginal rise in profit for FY23 at Rs 84 crore against Rs 82 crore in FY22, according to its regulatory filings with the registrar of companies sourced from business intelligence platform Tofler…
• More than 60 Indian firms to showcase leather products at Dubai event to boost exports
  02 Dec 2023, retail.economictimes.indiatimes.com
  Footwear exports, both leather and non-leather exports account for over 50 per cent of the trade. India is the second-largest exporter of leather garments, third-largest exporter of saddlery and harnesses and 4th largest exporter of leather goods in the world…
• HUL ropes in former Revenue secretary Tarun Bajaj as independent director; rejigs management committee
  02 Dec 2023, retail.economictimes.indiatimes.com
  HUL also announced key changes and appointments to its management committee (MC), deepening the focus in the Beauty and Personal Care (BPC) division and reinforcing the digital agenda to make HUL more future ready. The BPC division will be split into dedicated Beauty and Wellbeing (B&W) and Personal Care (PC) businesses…
• TCL gets NCLT Kolkata nod for merger with Tata Consumer Products, TCPL Beverages & Foods
  02 Dec 2023, retail.economictimes.indiatimes.com
  In a regulatory filing, Tata Coffee said the order approving the scheme of arrangement was passed by NCLT, Kolkata Bench, was pronounced on November 10, 2023…
• Ulta Beauty raises annual forecasts, longtime CFO Settersten to retire
  02 Dec 2023, retail.economictimes.indiatimes.com
  The cosmetics retailer raised the lower end of its annual profit forecast to $25.20 and $25.60 per share, from its previous view of $25.10 to $25.60 per share. The company also raised the lower end of its annual net sales forecast. It now expects it between $11.10 billion and $11.15 billion, versus its prior forecast of $11.05 billion to $11.15 billion…
• Consumer durable brand Boat partners with Swiggy Instamart
  02 Dec 2023, retail.economictimes.indiatimes.com
  The products of Boat such as bluetooth speakers and TWS earbuds will be available to the customers under ‘Office and Electricals’ category on Swiggy Instamart…
• Samsung inaugurates premium experience store in Chennai
  02 Dec 2023, retail.economictimes.indiatimes.com
  Samsung inaugurates Premium Experience Store at Phoenix Mall, Chennai, offering sales and customer service. The store hosts Galaxy workshops for Gen Z and millennials, covering topics like digital art, photography, fitness, and music. Limited period offers and Early Bird giveaways available. Consumers can access Samsung’s digital lending service and opt for Samsung Care+ plans in-store…
• Molteni&C and AUX HOME Unveil Flagship Space in Delhi’s Design Hub
  02 Dec 2023, indianretailer.com
  In a collaborative effort with AUX HOME, Molteni&C has officially inaugurated its flagship store in MG Road, Delhi’s upscale design district, marking a significant stride in the brand’s expansion and dedication to providing a distinctive, mono-brand retail experience for its discerning clientele…
• 17 Years on, Max Fashion Today at 480 Stores in India
  02 Dec 2023, indianretailer.com
  Renowned global value fashion brand, Max Fashion, commemorates 17 years of its presence in India, boasting a network of over 480 stores…
• How These Fashion Brands Plan to Disrupt the Winterwear Market
  02 Dec 2023, indianretailer.com
  In the midst of ongoing global changes, fashion has taken a turn towards combining comfort and style. This shift is evident in the resurgence of retro fashion making a comeback with a modern twist…
• How Technology is Enabling a Cost-Effective Supply Chain for Retail Brands
  02 Dec 2023, indianretailer.com
  As the retail landscape continues to evolve, consumer expectations have transformed, placing even more emphasis on the need for a cost-efficient supply chain…
• Mango’s New Eco-Chic Collection Redefines Sustainable Fashion in India
  02 Dec 2023, indianretailer.com
  In a groundbreaking move towards sustainability, Mango, the renowned European fashion powerhouse, is set to unveil its new collection featuring cotton sourced from regenerative agriculture…
• Davaindia’s Strategic Moves in East India Spearheading Growth
  02 Dec 2023, indianretailer.com
  Davaindia is set to play a pivotal role in the burgeoning Indian retail pharmacy market, anticipated to reach $40.19 billion by 2030, boasting a robust Compound Annual Growth Rate (CAGR) of 9.9 percent since 2022…
• Hindustan Coca-Cola Beverages Breaks Ground for Sustainable Manufacturing Hub in Maharashtra
  02 Dec 2023, retail.economictimes.indiatimes.com
  Hindustan Coca-Cola Beverages (HCCB), a leading FMCG company in India, recently marked the commencement of its upcoming greenfield factory with a groundbreaking ceremony at the MIDC Lote Parshuram Industrial Area, Khed in Ratnagiri, Maharashtra…
• AMBRUS JEWELS by ARPIT GOYAL launched its first flagship store
  02 Dec 2023, retail.economictimes.indiatimes.com
  Ambrus Jewels by Arpit Goyal, inspired by a rich heritage and the beauty of rich culture, make the jewellery pieces a matter of high-end and luxe experience…
• Greater Noida: Rs 2 crore dues not cleared, movie theatre sealed in Grand Venice Mall
  01 Dec 2023, realty.economictimes.indiatimes.com
  Ankit Kumar, the Sadar SDM, said while Rera had issued three recovery certificates against Bhasin Infotech and Infrastructures Ltd – the developer of the mall – the consumer forum slapped one…
• Whirlpool to sell 24% stake in India business to reduce debt
  01 Dec 2023, retail.economictimes.indiatimes.com
  Whirlpool of India reported a 23.7% drop in second-quarter profit earlier this month, as the home appliances maker grappled with weak demand amid stiff competition. Michigan-based Whirlpool currently maintains a 75% ownership interest in the Indian company through a wholly-owned unit, and will retain a majority interest after the sale…
• PVR Inox says it will open 150 screens next fiscal with Rs 500 cr investment
  01 Dec 2023, retail.economictimes.indiatimes.com
  PVR Inox, India’s largest multiplex operator, is planning to open 150 screens in the next fiscal year with an investment of approximately Rs 500 crore. The company already operates 118 screens across 23 properties in Mumbai and a total of 1,711 screens at 359 properties in 114 cities, including Colombo…
• France’s SMCP strikes deal with Reliance to expand into India
  01 Dec 2023, retail.economictimes.indiatimes.com
  “There aren’t a lot of accessible luxury fashion labels in India so we think it’s time to be pioneering,” said SMCP CEO Isabelle Guichot, citing India’s wealth and growing population of younger generations among reasons for entering the country. After years of testing the Indian market with outlets in luxury hotels, high-end European labels are seeking to expand their retail presence there to tap its strong economic growth and a rapid rise in the number of local millionaires…
• Coca Cola to invest Rs 1,387 cr for new plant in Maharashtra
  01 Dec 2023, retail.economictimes.indiatimes.com
  The greenfield facility in the Khed taluka is expected to be operational by 2025, and was termed as a “major leap” in the company’s manufacturing capabilities. The unit will provide direct and indirect employment to 350 people. A total of 81,000 people will benefit in the state through its community initiatives, the statement said…
• D-Mart’s Radhakishan Damani tops Hurun self-made entrepreneurs list, Flipkart founders at second position
  01 Dec 2023, retail.economictimes.indiatimes.com
  ​​With a market cap of Rs 2,38,188 crore, Damani secured the first position. Meanwhile, Flipkart’s Binny and Sachin Bansal closely followed on this prestigious list clinching the second position…
• Alibaba set to lose no. 1 ecomm player spot to PDD
  01 Dec 2023, retail.economictimes.indiatimes.com
  The once-inconceivable shift reflects the turmoil that engulfed Alibaba after Beijing in 2020 targeted the company and its once-outspoken co-founder, kicking off a sweeping crackdown on the powerful tech sector. It also signals the rise of a generation of upstarts from PDD to ByteDance, which are disrupting the traditional arenas of social media and e-commerce…
• Indian jewellery brand Tanishq opens two stores in Texas
  01 Dec 2023, retail.economictimes.indiatimes.com
  The launch is a part of Tanishq’s International business expansion strategy. Tanishq is also at the cusp of opening another store in Chicago, and thereafter in the Bay Area by early-mid next year. The company’s expansion plans include opening 20 to 30 more locations in North America and the Middle East collectively over the next two to three years…
• Foot Locker’s forecasts get a boost as big discounts bump holiday sales
  01 Dec 2023, retail.economictimes.indiatimes.com
  More than 200 million shoppers made purchases both in-store and online during the Thanksgiving weekend, the National Retail Federation said on Tuesday, easing some worries over muted holiday sales. “While our customers remain discerning with their discretionary dollars and we expect that will continue through the season, we’re also seeing them respond to newness,” Foot Locker CEO Mary Dillon said in a post-earnings call…
• Blue Tokai to expand domestic presence
  01 Dec 2023, thehindubusinessline.com
  Indian speciality coffee brand Blue Tokai will be expanding its presence to 130 outlets by the end of the financial year. The company is focused on growing in the domestic market it operates…
• Personal care brand Clensta aims to expand its presence to 20K stores
  01 Dec 2023, retail.economictimes.indiatimes.com
  With this expansion, Clensta aims to boost its gross merchandise value (GMV) to Rs 200 crore. “We are now excited to widen our presence to reach 20K retail touch-points by the end of this fiscal, further solidifying our position as a market leader in the personal care industry,” said Puneet Gupta, founder, Clensta…
• E-commerce Volumes Spiked 23 pc During Black Friday Sales
  01 Dec 2023, indianretailer.com
  The global shopping phenomenon, Black Friday, continues to make waves in India. Black Friday, traditionally an American retail tradition, has firmly cemented its place in the Indian market as a major e-commerce sale event, with consumers extending their post-Diwali shopping spree to benefit from Black Friday and related sales like Cyber Monday etc…
• Gopal Snacks Limited Files DRHP for IPO, Eyes Robust Growth
  01 Dec 2023, indianretailer.com
  Rajkot-based Gopal Snacks Limited has taken a significant step toward expansion by filing its Draft Red Herring Prospectus (DRHP) with the capital market regulator Sebi…
• Adani Sportsline Strengthens Leadership with Sanjay Adesara as Chief Business Officer
  01 Dec 2023, indianretailer.com
  Formed in 2019, Adani Sportsline emerges as the sports arm of the Adani group, dedicated to fostering a sporting nation with comprehensive support for sustainable development in the field…
• LehLah Transforms Social Commerce in India with Athiya Shetty Collaboration
  01 Dec 2023, indianretailer.com
  LehLah, a trailblazing fashion-tech platform, has unveiled a strategic partnership with actor and fashion icon Athiya Shetty. This collaboration marks a significant milestone for LehLah, positioning itself at the forefront of revolutionizing the social commerce landscape…
• How Swiss Beauty is Disrupting the Indian Wedding Market
  01 Dec 2023, indianretailer.com
  Renowned Indian makeup brand, Swiss Beauty, renowned for its innovation, is gearing up for a month-long celebration with its highly awaited wedding campaign, “BFF Bina Wedding Kaisa…
• DTDC Express Joins ONDC to Reshape E-commerce Logistics for Local Sellers
  01 Dec 2023, indianretailer.com
  DTDC Express Ltd has joined ONDC (Open Network for Digital Commerce) with a vision to revolutionize e-commerce logistics in India and empower sellers on the network through the integration of emerging technologies…
• Etchcraft Emporium Expands Product Portfolio with Savante Collection
  01 Dec 2023, indianretailer.com
  Renowned for its distinctive approach to customized jewelry and timepieces, Etchcraft Emporium is excited to unveil its latest offering—the Savante Collection…
• Essilor Luxottica Elevates Sustainable Fashion with ARNETTE’s N2 Collection
  01 Dec 2023, indianretailer.com
  Dare to dream of the extraordinary. For Fall/Winter 2023, ARNETTE explores the infinite possibilities of alternative materials, opening up a whole new world for more responsible design…
• Brigade Enterprises buys additional stake of 12.50% in BCV Developers for Rs 20.21 crore
  30 Nov 2023, realty.economictimes.indiatimes.com
  About 35,61,550 (12.50%) equity shares of BCV Developers have been acquired. Accordingly, the shareholding of Brigade Enterprises has been increased from 50.01% to 62.51% in BCV Developers…
• Swiggy loss for first half FY23 narrows to $636 million, food business grows 17%: Prosus
  30 Nov 2023, retail.economictimes.indiatimes.com
  The core food business grew 17% to a GMV of $1.43 billion in the first half, helped by double-digit growth in transacting users and inflation in the average order value (AOV). The GMV calculation excludes cancelled orders and includes fees paid to delivery workers, Prosus added…
• New York-based Foot Locker partners with Metro Brands and Nykaa Fashion to sell its merchandise in India
  30 Nov 2023, retail.economictimes.indiatimes.com
  ​​​The partnership aims at transforming the sneaker segment in India, and address the evolving needs of next-gen customers.​ Under the terms of the agreements, MBL is granted exclusive rights to own and operate Foot Locker stores within India and to sell authorized merchandise in Foot Locker stores whereas ​​Nykaa Fashion will serve as the e-commerce partner and operate Foot Locker’s India website and retail authorized merchandise on Foot Locker branded shop on Nykaa’s existing e-commerce platforms…
• Bikaji Foods bets on six ‘focus’ states; expects 1.5X growth
  30 Nov 2023, retail.economictimes.indiatimes.com
  In a conversation with ETRetail, Manoj Verma, COO and Rishabh Jain, CFO of Bikaji Foods analysed the company’s quarterly performance, inflation, expansion strategy and the rationale behind its latest acquisition…
• Malls expected to attract investment of over Rs 20,000 cr in next 3-4 years
  30 Nov 2023, retail.economictimes.indiatimes.com
  Mall space in India is set to increase by 30-35 million square feet (msf), or a third of current stock, over the next 3-4 years, spurred by the strong recovery in retail sales last fiscal. The retail recovery is expected to sustain, as broad-based consumption across geographies as well as sectors fortifies demand resilience. In fact, revenue of mall owners for this fiscal is estimated at 125% of the pre-pandemic level…
• India is a priority market for Ingka with big growth potential: Susanne Pulverer, CEO, Ikea India
  30 Nov 2023, retail.economictimes.indiatimes.com
  Ingka Group, the largest IKEA retailer, has reported a good performance for FY23. The IKEA vision to create a better everyday life for many people continues to guide the business as it grows revenue by 5.4% to EUR 44.3 billion, alongside recording a stable operating income. The company has also increased its renewable energy commitment by EUR 1 billion, to total EUR 7.5 billion by 2030…
• Walmart shifts to India from China for cheaper imports
  30 Nov 2023, retail.economictimes.indiatimes.com
  In a strategic move to cut costs and enhance supply chain resilience, Walmart, the world’s largest retailer, is significantly increasing its imports from India, according to data revealed by Reuters. The data, sourced from bill of lading figures provided by Import Yeti, indicates a notable shift in Walmart’s sourcing patterns…
• Luxury inc sees India as the next big destination
  30 Nov 2023, retail.economictimes.indiatimes.com
  Luxury brands are increasingly looking to India for growth prospects, according to Bénédicte Epinay, CEO of Comité Colbert, the official luxury association of France. India has all the ingredients for luxury brands, including consumers, appetite for refinement, taste to understand luxury, and passion to show off. Post Covid, brands are seeing a growth of about 5-10% globally, making India the next key frontier for global luxury brands…
• At Balaji Wafers, get a taste of big things to come
  30 Nov 2023, retail.economictimes.indiatimes.com
  The Rajkot-based company posted sales of Rs 5,010 crore for FY23, a 24% jump compared to Rs 4,034 crore a year earlier. In comparison, Jubilant Foodworks that operates Domino’s pizza, Dunkin Donuts and Popeyes restaurants clocked Rs 5,158 crore in sales in FY23 while Nestle’s prepared dishes and cooking aids division of Maggi noodles, sauces, seasonings, pasta and cereals had annual sales of Rs 5,300 crore…
• Companies trying to junk consumer notions on packaged food
  30 Nov 2023, retail.economictimes.indiatimes.com
  Public health officials have for years been warning about a surge in non-communicable diseases such as diabetes, obesity and associated cardiac ailments stemming from the growing addiction to junk food, particularly among the young, aggravated by sedentary lifestyles and lack of exercise. Nestle, maker of Maggi noodles and Kitkat chocolate, is offering to measure the body mass index (BMI) of consumers and draw up meal plans on its AskNestle platform…
• Bira 91 appoints Manoj Kohli and Bharat Anand as Independent Directors
  30 Nov 2023, retail.economictimes.indiatimes.com
  Commenting on these appointments, Ankur Jain, Founder and CEO, Bira 91 said, “We are at an important inflection point as a business, and as we continue on our journey of high growth, we would want to ensure that we develop a business that has long-term sustainability, improved risk management and increased quality of corporate governance.”…
• Zero impact of unseasonal rains on business, says Sula Vineyards CEO
  30 Nov 2023, retail.economictimes.indiatimes.com
  With over 25 years of experience, the company has developed a robust grape procurement model where it anticipates a few unseasonal rain events to occur every year. “We therefore always target a slightly higher grape tonnage than we need to fulfil our sales projections. The result is that if and when such unseasonal rains occur, Sula will always get the grapes it needs,” Samant said…
• UK’s Deliveroo sees expansion into non-food driving growth
  30 Nov 2023, retail.economictimes.indiatimes.com
  The group, which competes with Just Eat Takeaway.com and Uber Eats in markets in Europe, the Middle East and Asia, said it had launched “Deliveroo Shopping” on its app, which will allow customers to buy non-food items, including D.I.Y. products through a partnership with hardware supplier Screwfix. The US company holds a 14.13% stake…
• Photo ID necessary to buy acid online: consumer protection body
  30 Nov 2023, livemint.com
  Buying acid from e-commerce platforms will no longer be easy with the Central Consumer Protection Authority (CCPA) on Wednesday directing all online platforms to make it compulsory for buyers to upload a photo ID issued by the government…
• Havells India launches Lloyd brand in the Middle East
  30 Nov 2023, retail.economictimes.indiatimes.com
  Havells India is launching its electronics and durables brand Lloyd in the Middle East and has partnered with TeknoDome, a distribution conglomerate headquartered in Dubai, for this. The Middle-East will be one of the first major global markets for Havells global expansion of this brand…
• Margins likely to be good and there will be an increase in profitability in Q3: Abhijit Roy, Berger Paints
  30 Nov 2023, retail.economictimes.indiatimes.com
  “There is enough space in this industry for another player like Grasim to come in. It is not going to be majorly disruptive as such, this is our feeling and we are quite confident that we should be able to maintain our growth rate going into the future as well.”…
• With retail demand and investor interest up, India set to get bigger malls
  30 Nov 2023, business-standard.com
  India is set to get bigger malls in the coming 3-4 years. Owing to a strong recovery in retail sales, the mall area in India is expected to increase by 30-35 million square feet (msf), over one-third of the current stock during the period, rating agency CRISIL said in a release on Wednesday…
• France’s SMCP strikes deal with Reliance to expand into India
  30 Nov 2023, retail.economictimes.indiatimes.com
  “There aren’t a lot of accessible luxury fashion labels in India so we think it’s time to be pioneering,” said SMCP CEO Isabelle Guichot, citing India’s wealth and growing population of younger generations among reasons for entering the country. After years of testing the Indian market with outlets in luxury hotels, high-end European labels are seeking to expand their retail presence there to tap its strong economic growth and a rapid rise in the number of local millionaires…
• How Lotus Electronics is Pioneering Hyper-Local Electronics Retail in Central India
  30 Nov 2023, indianretailer.com
  The electronics retail industry in India is a fast growing sector, and Lotus Electronics has emerged as a beacon of innovation and customer-centric excellence in Central India…
• Natures Basket Unveils Experiential Artisan Pantry at Phoenix Palladium, Mumbai
  30 Nov 2023, indianretailer.com
  Natures Basket has inaugurated its groundbreaking experiential branch at Phoenix Palladium, Mumbai. This innovative establishment aims to redefine grocery shopping by integrating top-notch products with a distinctive and immersive environment…
• Citykart Celebrates Milestone with Akshara Singh as Face of 100th Store in Bihar
  30 Nov 2023, indianretailer.com
  Citykart, a leading value fashion retailer in India, specializing in family fashion across tier-II, tier-III, and tier-IV cities, proudly announces the appointment of Bhojpuri sensation Akshara Singh as the face of their 100th shopping mall in Bettiah, Bihar…
• Pottery Barn Kids Makes Grand Debut in Mumbai
  30 Nov 2023, indianretailer.com
  Pottery Barn Kids, the original premium American children’s furniture and decor brand, has officially entered the Indian market with the inauguration of its flagship store at Jio World Plaza in Mumbai. Renowned for its timeless designs and unwavering commitment to sustainability, safety, and security, Pottery Barn Kids aims to inspire and create magical spaces for Indian children…
• Tanishq’s ‘String It’ Marks a New Era in Indian Jewellery
  30 Nov 2023, indianretailer.com
  Tanishq, the leading jewellery retail brand in India under the Tata umbrella, introduces the exquisite ‘String It’ collection, a manifestation of elegance and sophistication. This curated assortment of modern, contemporary, and lightweight jewellery is now accessible at Tanishq stores nationwide, as well as on tanishq.co.in/string-it and the Tanishq app…
• Livpure Reports 70 pc E-commerce Growth, Aims to Reinforce Market Leadership
  30 Nov 2023, indianretailer.com
  Livpure has revealed a groundbreaking 70 percent growth in the E-commerce sector during the first six months of FY 24, solidifying its position as a leader among the best-branded water purifiers in India. This significant surge underscores Livpure’s unwavering commitment to excellence and consumer satisfaction, showcasing its resilience and resonance in the market…
• United Breweries Debuts Heineken Silver Draught Beer
  30 Nov 2023, indianretailer.com
  United Breweries has exciting news to share with the launch of Heineken Silver Draught Beer in India. This marks a notable moment as Heineken introduces its draught beer for the first time in the Indian market, aiming to offer consumers a premium, smooth-tasting beverage tailored for social occasions…
• Brewing Success and Luxury Libations
  30 Nov 2023, irecwire.com
  Dive into the rich narratives of DeVANS Modern Breweries and Monika Alcobev, crafting legacies in India’s alcobev arena. Experience the blend of tradition and luxury that defines their spirits…
• Jimmy’s Cocktails Ventures into Energy Drinks with Hustle Addition
  30 Nov 2023, restaurant.indianretailer.com
  Recently, the company secured Rs 11 crore in funding during a Pre Series A round, spearheaded by Prath Ventures and backed by prominent investors such as Vijay Shekhar Sharma from Paytm…
• United Breweries Launches Heineken® Silver Draught in India
  30 Nov 2023, restaurant.indianretailer.com
  Heineken® Silver Draught Beer will be exclusively offered in upscale bars and pubs in Mumbai, Thane, and Pune in Maharashtra. Expansion into Karnataka is planned for the fiscal year 2024…
• Labonel Opens its 1st Flagship Gourmet Patisserie in Bengaluru
  30 Nov 2023, restaurant.indianretailer.com
  As a perfect paired accompaniment, Labonel has also pioneered the introduction of the TopBrewer Machine in its premises, a first in the country, which promises the finest brews…
• Divya Aggarwal Label Unveils ‘Queen of Hearts’ FW’23 Collection
  30 Nov 2023, retail.economictimes.indiatimes.com
  The Luxury Fusion Fashion Label, Divya Aggarwal, introduces the exquisite Queen of Hearts – FW’23 collection, drawing inspiration from the symbol of ‘Queen’ in decks of cards and poker…
• ASHWINWrogn Pays Tribute to Armed Forces with A47 Collab, Unveils ‘The Indian Infantry Collection
  30 Nov 2023, indianretailer.com
  In a groundbreaking collaboration, Wrogn, the youth fashion brand co-owned by Virat Kohli, proudly introduces ‘Wrogn X A47 – The Indian Infantry Collection,’ marking the inaugural army-inspired fashion collection in India. This historic partnership not only sets a unique milestone for the fashion industry but also pays homage to the unsung heroes who protect the nation…
• Indulgeo Essentials’ Cera-Moist Raises the Standard for Winter Skincare
  30 Nov 2023, indianretailer.com
  Embark on the pinnacle of hydration with Indulgeo Essentials’ Cera-Moist, a ceramide-infused calming moisturizer meticulously crafted to redefine your winter skincare routine…
• Neha Mehra Pioneers Ethical Luxury in Kidswear
  30 Nov 2023, indianretailer.com
  Neha Mehra has become a symbol of affluence for the youngest fashion enthusiasts in India. With an unwavering commitment to seamlessly merging style and comfort, Neha Mehra introduces a captivating world where little fashionistas can authentically express their individuality…
• Blaupunkt’s BE100 XTREME Elevates the Audio Experience for Consumers
  30 Nov 2023, indianretailer.com
  Renowned audio technology brand, Blaupunkt, has unveiled its latest innovation, the BE100 XTREME Neckband, revolutionizing playtime, comfort, and performance standards in the music industry. Priced at an enticing launch offer of Rs 1,199, these neckband earphones set a new benchmark for users seeking an unparalleled audio experience…
• ASHWIN SHETH GROUP UNVEILS KANDIVALI’S TALLEST MIXED-USE DEVELOPMENTS
  29 Nov 2023, rprealtyplus.com
  The Ashwin Sheth Group, a veteran leader in real estate luxury development, unveils its 15th project in Kandivali, ‘EDMONT’ along with a joint venture with K Hemani. Spanning over 2.02 acres, this mixed-use development has integrated retail spaces and nestled in Kandivali West is adorned with a 51-story skyscraper…
• Jubilant Foodworks to acquire majority stake in DP Eurasia for EUR 73.36 million
  29 Nov 2023, retail.economictimes.indiatimes.com
  Jubilant Foodworks Netherlands B.V (JFN), a wholly-owned arm of the company, currently holds 48.84 per cent of the ordinary shares of DP Eurasia, making it the largest pizza delivery company in Turkey. The acquisition aims to increase JFN’s stake by purchasing the entire issued and outstanding ordinary share capital of DP Eurasia NV not already held by it, at a price of up to 85 pence per share from existing shareholders…
• China’s Alipay to sell its 3.4% stake in Zomato for nearly $400 million: Report
  29 Nov 2023, retail.economictimes.indiatimes.com
  Alipay “wants to cash out … the (market) timing is good,” said the first source, referring to the rapid rise in Zomato’s shares in recent months. The block deals are set to be executed at 111.28 rupees per share, a 2.2% discount to Zomato’s close on Tuesday, the term sheet said…
• We expect 25-30% demand growth in furniture selling space during the festival season: Piyush Agarwal, Pepperfry
  29 Nov 2023, retail.economictimes.indiatimes.com
  While subdued demand in the past few quarters has impacted the furniture selling segment, the ongoing festival season is expected to see a rebound…
• mCaffeine to continue focusing on micro markets, registers 300 pc growth
  29 Nov 2023, retail.economictimes.indiatimes.com
  Currently, 30 per cent of the sales of the brand is contributed by offline channels, however, the brand expects it to increase it to 34 per cent in Q4…
• Retailers are opening bigger physical retail stores to fulfill consumers’ need for better experience
  29 Nov 2023, retail.economictimes.indiatimes.com
  Retailers in India are opening larger physical stores as consumers seek enhanced in-store experiences. The share of stores smaller than 2,000 square feet decreased to 52% in H1 2023-24, compared to 61% a year earlier. Retailers are expanding existing stores and entering new markets, capitalizing on the growing share of the organized retail market…
• Reimagining the Indian kitchen appliances and cookware industry – Chandru Kalro, TTK Prestige
  29 Nov 2023, retail.economictimes.indiatimes.com
  In this episode, Chandru Kalro, Managing Director of TTK Prestige, discusses the ongoing trends, strategies, and technological innovations that are transforming the kitchen appliances and cookware industry. He also shares his insights on dealing with manufacturing and supply chain issues to stay ahead of the competition…
• Amazon seller services net loss widens 33% in FY23
  29 Nov 2023, retail.economictimes.indiatimes.com
  Amazon Seller Services earns revenue from third-party seller services, subscription services, including Amazon Prime, and other marketplace-related services, including advertising revenue and marketing support services to related parties…
• Franchise Industry in India: Opportunities & Challenges
  29 Nov 2023, retail.economictimes.indiatimes.com
  Firstly, India’s expanding consumer market, fueled by a burgeoning middle class and increased disposable income, offers a ripe environment for franchises to tap into various sectors’ untapped potential. The rising demand for branded products and services further enhances the prospects for franchise businesses to establish themselves successfully…
• Consumer trends in the home and lifestyle categories
  29 Nov 2023, retail.economictimes.indiatimes.com
  The Indian home furniture market, valued at US$ 19 billion in 2022, is a big value driver in the consumer segment. The market is expected to reach US$ 34 billion by 2028, registering a CAGR of ~10 percent. The category is largely unorganised, with the organised sector contributing 21 percent (US$ 3.9 bn) to the market. By 2028, the organised sector’s share is projected to increase two times to reach US$ 8.1 billion. This presents an opportunity for brands to scale and increase market penetration…
• Malabar Gold and Diamonds Breaks Ground as First Indian Jewellery Retailer in Canada
  29 Nov 2023, indianretailer.com
  Malabar Gold and Diamonds has etched its name in history as the inaugural Indian jewellery retailer to establish a presence in Canada, unveiling a new store in Mississauga at Heartland Town Centre within the Greater Toronto Area…
• DriveX Accelerates Nationwide Expansion with 10 New Dealership Stores in a Day
  29 Nov 2023, indianretailer.com
  In a strategic move to bolster its nationwide presence, DriveX, India’s pioneering fully integrated pre-owned two-wheeler platform, has achieved a significant milestone by inaugurating 10 new dealership stores across India on a single day…
• Kalyan Jewellers Expands Retail Footprint in Uttarakhand
  29 Nov 2023, indianretailer.com
  Kashipur witnessed a momentous occasion as Bollywood actor Aditya Roy Kapoor inaugurated Kalyan Jewellers’ new showroom at Ram Nagar Road, bringing the city to a standstill…
• Balenzia Marks Strategic Expansion with New Store at Mumbai International Terminal
  29 Nov 2023, indianretailer.com
  Renowned as a leader in India’s socks market, Balenzia has disclosed the inauguration of its eighteenth retail outlet, strategically positioned at Terminal 2, International Departure, Chhatrapati Shivaji Maharaj International Airport (CSMIA)…
• How Les Petits is Revolutionizing Luxury Kidswear in India
  29 Nov 2023, indianretailer.com
  In the world of luxury kidswear, Les Petits has etched a remarkable story of growth, innovation, and seamless integration. With Swati Saraf at the helm of the brand, Le Petits has crafted a unique omnichannel strategy that blends the physical and digital realms, captivating the hearts of parents and children alike…
• Yousta: A Youth-Focused Fashion Retail Format by Reliance Retail
  29 Nov 2023, indianretailer.com
  Yousta is Reliance Retail’s latest youth fashion retail format, where style, technology, and sustainability unite to cater to the dynamic youth of India…
• CHIMI Makes Grand Entrance into Indian Retail Landscape
  29 Nov 2023, indianretailer.com
  CHIMI has officially launched in India through BRDG Group, a global brand management company. This introduction marks a significant development for eyewear enthusiasts in the country, coinciding perfectly with the vibrant days and luminous nights…
• Diwali 2023 Sparks Beauty Boom: Sales Surge by 51.5 pc Compared to 2022
  29 Nov 2023, indianretailer.com
  The beauty products category has experienced 51.51 percent growth compared to the previous year, particularly resonating with the younger demographic. Sales contributions from the 18 to 24 years age group accounted for a substantial 47 percent, followed by 21.27 percent from the 35 to 44 years age group…
• Hair Masters Aims for a Network of 100 Luxury Salons in India
  29 Nov 2023, indianretailer.com
  Hair Masters is embarking on an ambitious journey to establish 100 luxury salons nationwide by the year 2024, marking a significant strategic move that underscores the brand’s dedication to revolutionizing haircare services and setting new benchmarks in the beauty industry…
• ITC’s Sunfeast YiPPee! Diversifies Portfolio with YiPPee! WOW Masala Instant Noodles
  29 Nov 2023, indianretailer.com
  In a strategic move, ITC’s Sunfeast YiPPee!, a prominent player in the instant noodles and pasta segment, has introduced a new variant – YiPPee! WOW Masala noodles, thereby diversifying its product range…
• Virat Kohli’s Wrogn and A47 Unite in Landmark Fashion Collab
  29 Nov 2023, indianretailer.com
  In a groundbreaking collaboration, Wrogn, the youth fashion brand co-owned by Virat Kohli, introduces the ‘Wrogn X A47 – The Indian Infantry Collection,’ marking the first-ever army-inspired fashion collaboration in India…
• Frendy Bags Rs 16 cr in Bridge Round to Fuel Tech-Driven Retail Expansion in Rural India
  29 Nov 2023, indianretailer.com
  Frendy has successfully raised a bridge round of Rs 16 crore ($2 million). Spearheading the round are key investors, including Auxano Capital, AT Capital Singapore, Metara Ventures – Priya Joseph, Rohan Jain, and Rishabh Jain (founders of “The Wellness Co.”), Apurva Solapur family office, and existing investor Desai Ventures…
• Boddess Beauty Launches its Private Label The Honest Tree, A Clean and Vegan Bath and Body Brand
  29 Nov 2023, indianretailer.com
  As a pioneering omni-channel multi-brand retailer in India, Boddess Beauty stands as a guiding light in the beauty and wellness sector, committed to reshaping the conventional customer experience…
• How GOKYO is Disrupting the Quality Outdoor Clothing and Gear Market in India
  29 Nov 2023, indianretailer.com
  The spirit of exploration and adventure has taken hold of India, fueling a notable increase in trekking, mountaineering, camping, safari tours, and nature exploration, both domestically and internationally…
• Popeyes Introduces Wing Selection as Permanent item on in its Menu
  29 Nov 2023, restaurant.indianretailer.com
  The company is presenting a selection of five flavors: Honey BBQ, Roasted Garlic Parmesan, Signature Hot, Ghost Pepper, and Sweet ‘n’ Spicy…
• Manoj Kohli and Bharat Anand Joins BIRA 91 Board as Independent Directors
  29 Nov 2023, restaurant.indianretailer.com
  This strategic move aims to utilize the extensive global business expertise of these appointees as Bira 91 expands its operations both domestically and internationally…
• Japanese Peruvian Fusion Restaurant ‘Tango Tamari’ Unveils in Mumbai
  29 Nov 2023, restaurant.indianretailer.com
  The menu features selection of Japanese-Peruvian dishes, including Moringa Soup, Truffe Miso Soup, Soft Shell Crab Salad, Crispy Tofu and many more…
• Japanese Peruvian Fusion Restaurant ‘Tango Tamari’ Unveils in Mumbai
  29 Nov 2023, restaurant.indianretailer.com
  The menu features selection of Japanese-Peruvian dishes, including Moringa Soup, Truffe Miso Soup, Soft Shell Crab Salad, Crispy Tofu and many more…
• Andrea’s Brasserie Launches Flagship Restaurant in Bengaluru
  29 Nov 2023, restaurant.indianretailer.com
  Andrea’s Brasserie pays tribute to the renowned brasseries in Paris, Rome, and New York, channeling their essence into a unique culinary experience…
• Caprese Unveils Aurora Collection, Elevating Fashion with Color-Changing Tech
  29 Nov 2023, indianretailer.com
  Get ready for a fashion revolution as Caprese, the premium handbag brand, introduces the Aurora Collection, featuring groundbreaking color-changing technology. This innovative line of bags adds a touch of magic to daily fashion, setting a new standard in the world of accessories…
• Manic Panic Collabs with Shalom International for Exclusive Holiday Bath and Body Collection
  29 Nov 2023, indianretailer.com
  New York, NY – Manic Panic, the iconic beauty brand celebrated for its vibrant hair dyes and rock ‘n’ roll lifestyle, has teamed up with Shalom International, a leader in bath and body products, to craft a distinctive holiday collection that promises to captivate fans and beauty enthusiasts alike…
• Cover Story Unveils “Nomad Land” Collection, Redefines Women’s Fashion with Cultural Fusion
  29 Nov 2023, indianretailer.com
  Cover Story, the esteemed fashion brand renowned for its fusion of contemporary designs and timeless elegance, has released the much-anticipated “Nomad Land” collection. This collection embraces the dynamic lifestyle of the modern woman, blending a nomadic spirit with contemporary needs…
• Miraj Cinemas Elevates Pune’s Entertainment Scene
  29 Nov 2023, retail.economictimes.indiatimes.com
  Miraj Cinemas, India’s rapidly expanding and third-largest national multiplex chain, proudly inaugurates its maiden multiplex in Pune, strategically located on the 2nd Floor of Spine City Mall, Moshi, Pimpri-Chinchwad…
• BHUTANI INFRA’S “AVENUE 133” SELLS ALL RETAIL SPACES
  28 Nov 2023, rprealtyplus.com
  In a momentous achievement for Bhutani Infra, Avenue 133, the avant-garde high-street mall located at Noida Sector 133, has etched its name in history of Noida real estate by selling out all its retail spaces within 12 hours of its grand launch, today…
• One more Indian apparel retailer now having 500 EBOs
  28 Nov 2023, apparelresources.com
  There are few Indian apparel retailers which have 500 EBOs across India and now one more Indian apparel retailer has achieved this landmark. Cantabil Retail India Limited, has opened its 500th store in Ayodhya, Uttar Pradesh…
• Cyber Monday marks the year’s biggest online shopping day in the US
  28 Nov 2023, retail.economictimes.indiatimes.com
  Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday — a term coined back in 2005 by the National Retail Federation — continues to be the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it…
• SUGAR Cosmetics revenue jumps 90% in FY23, on track to break-even in this fiscal
  28 Nov 2023, retail.economictimes.indiatimes.com
  ​According to SUGAR Cosmetics, its losses for the year were contained to FY22 levels which improved the overall EBITDA margins from -31.4% in FY22 to -16.5% in FY23 which places the company on the path to breaking even in the current fiscal year…
• Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday
  28 Nov 2023, retail.economictimes.indiatimes.com
  Cyber Monday, as the first Monday after the Thanksgiving holiday has become known as merchants step up online promotions, is set to be the biggest online shopping day of the year in the United States…
• Jack Ma gets back into business with ‘Ma’s Kitchen Food’
  28 Nov 2023, retail.economictimes.indiatimes.com
  Jack Ma’s latest venture, Hangzhou Ma’s Kitchen Food, involves the sale of packaged agricultural products. Since stepping away from the limelight in 2020, Ma has largely devoted his time to agricultural pursuits through his foundation. His whereabouts and activities have been the topic of intense discussion. Senior officials of his foundation hold top posts at Hangzhou Ma’s Kitchen Food. Ma’s whereabouts and activities have been the topic of intense discussion since 2020…
• WhatsApp Commerce Bolsters Retail Penetration This Festive Season
  28 Nov 2023, indianretailer.com
  The Indian retail landscape is undergoing a remarkable transformation today, shaped by the rising allure of online shopping via social-media platforms. According to a recent Kantar report, India has witnessed a substantial surge in online shoppers, recording a remarkable growth of 125 million over the past three years…
• RUNWAL GROUP TO ACQUIRE 10 MN SQ FT LAND FOR MIXED-USE DEVELOPMENT
  27 Nov 2023, rprealtyplus.com
  Runwal Group plans to acquire 10 million square feet (msf) by the end of this financial year for mixed-use development, given the demand and is targeting an overall investment close to Rs 1,500 crore…
• Mumbai: Powai residents unite to oppose Brookfield’s proposed mall, plan legal action
  27 Nov 2023, realty.economictimes.indiatimes.com
  Canadian realtor Brookfield Properties which has bought over the commercial spaces of this largely residential complex has plans underway to construct a 400% larger commercial complex to house retail, office spaces, eateries and an entertainment zone, including multiplexes…
• Cantabil to expand presence in the global market with Nepal
  27 Nov 2023, retail.economictimes.indiatimes.com
  Cantabil also shared that it reached its 500th store milestone by opening a store in Rekabganj, Ayodhya. On achieving this milestone, Deepak Bansal, director of the company said, “We are not only thrilled about this achievement, but also excited about the prospects it opens for us all over the country.”..
• PepsiCo India may name George Kovoor as president
  27 Nov 2023, retail.economictimes.indiatimes.com
  George Kovoor, senior vice-president and general manager, beverages at PepsiCo, has been in the current role since January 2022. He has had a three-decade long association with the maker of Pepsi and Mountain Dew fizzy drinks, Tropicana juices, Lays snacks and Doritos tortilla chips, in various leadership operating roles in Asia-Pacific, China and New York. ..
• GIOIA Expands Its Retail Footprint with Grand Inauguration of 3rd Store
  27 Nov 2023, indianretailer.com
  In a momentous development, GIOIA is delighted to announce the grand inauguration of its third store in India. This significant stride underscores commitment to providing the utmost in luxury leather goods to its esteemed customers, situated at the renowned Phoenix Mall of Asia in Bangalore…
• The Organic World Unveils Its Expansive Retail Space in ITPL, Bengaluru
  27 Nov 2023, indianretailer.com
  In a strategic move aimed at promoting chemical-free living, The Organic World, India’s largest organic and natural groceries retailer and the country’s No. 1 Responsible Retailer, has inaugurated its latest retail space in ITPL, Bengaluru…
• MAGGI’s Innovative ‘Apna Food Business’ Initiative Empowers Culinary Enthusiasts Across Nation
  27 Nov 2023, indianretailer.com
  MAGGI is pleased to announce the latest installment of its distinctive program, ‘MAGGI Apna Food Business.’ This edition marks a significant stride as MAGGI endeavors to support emerging home cooks throughout the nation…
• WhatsApp Commerce Bolsters Retail Penetration This Festive Season
  27 Nov 2023, indianretailer.com
  The Indian retail landscape is undergoing a remarkable transformation today, shaped by the rising allure of online shopping via social-media platforms. According to a recent Kantar report, India has witnessed a substantial surge in online shoppers, recording a remarkable growth of 125 million over the past three years…
• Amazon India and DGFT Join Forces to Enhance MSMEs and Drive E-commerce Exports Across Districtsb
  27 Nov 2023, indianretailer.com
  In a significant strategic move aimed at fostering micro, small, and medium enterprises (MSMEs) and bolstering e-commerce exports, Amazon India has inked a memorandum of understanding (MoU) with the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India…
• Quick Commerce and its Power of Reshaping the Indian Snack Industry
  27 Nov 2023, indianretailer.com
  Quick commerce is revolutionizing the sale of Smaller Stock Keeping Units (SKUs) in India, this article talks about its ingenious force of reshaping the Indian Snack Industry…
• Wellify Joins ONDC Network, Enhancing Accessibility to Health and Wellness Products
  27 Nov 2023, indianretailer.com
  Wellify, a rapidly growing direct-to-consumer (D2C) health and wellness platform by Piramal’s Consumer Product Division (CPD), has announced its collaboration with the Open Network for Digital Commerce (ONDC). This strategic move aims to harness ONDC’s extensive scale to amplify Wellify’s reach in the retail space…
• Bikanervala Partners with The Montana Group to Expand its Biz
  27 Nov 2023, restaurant.indianretailer.com
  Bikanervala has joined hands with The Montana group from Punjab to further expand its footprint in domestic and international markets…
• Woodside Burger Shop Unveils Mumbai’s Premier Burger Vanity Box
  27 Nov 2023, restaurant.indianretailer.com
  Grillmaster contains a kit that offers a selection of burgers of your choice along with all the necessary ingredients for grilling and assembling, eliminating the need for additional items…
• Kanakavalli Unveils an Array of Kanjivaram Elegance for Wedding Celebrations
  27 Nov 2023, indianretailer.com
  This wedding season, Kanakavalli emerges as the premier destination for brides and bridegrooms alike, presenting an extensive array of saris, blouse lengths, and fabric for men’s wear, all meticulously woven in fine kanjivaram silk. Enhanced with silver and gold zari, these offerings culminate in impeccably coordinated looks, spanning a palette meticulously curated for the wedding day…
• Casio Expands Retail Presence with Second G-SHOCK Store in Bengaluru
  27 Nov 2023, indianretailer.com
  Casio Computer Co. Ltd, headquartered in Japan and the parent company of Casio India, has fortified its retail presence with the inauguration of its second exclusive G-SHOCK store in Bengaluru, bringing the total to 60 stores across India…
• Cantabil Retail India Ltd Achieves Milestone with its 500th Store in Ayodhya
  27 Nov 2023, indianretailer.com
  Cantabil Retail India Limited, a prominent figure in the fashion industry, proudly announces the opening of its 500th store in the culturally rich city of Ayodhya…
• Obeetee Carpets Unveils Second Retail Haven in Mumbai’s Raghuvanshi Mills
  27 Nov 2023, indianretailer.com
  Obeetee Carpets, synonymous with handcrafted luxury, proudly inaugurated its second retail venture in the heart of Mumbai on October 15, 2023, nestled within the prestigious Raghuvanshi Mills…
• Tatas plan 2x expansion of its Hosur iPhone-casing unit
  27 Nov 2023, retail.economictimes.indiatimes.com
  With the expanded unit, which could take about 12-18 months to be completed, the Hosur unit is likely to employ 25,000-28,000 people in one place,..
• Spencer’s in talks for stake sale, eyes last-mile delivery
  27 Nov 2023, retail.economictimes.indiatimes.com
  ​​Spencer’s competes against the likes of Reliance Retail, Amazon-backed More Retail and e-grocer Big Basket. Reliance, Amazon and even Walmart-owned Flipkart are now trying to rope in kiranas for last-mile delivery. ​​Goenka said that Spencer’s is exploring options to partner with Kiranas. “It could be last-mile delivery or selling of private brands,” he said…
• Dealshare founder, president of retail business in race for CEO post
  27 Nov 2023, retail.economictimes.indiatimes.com
  “There is a review going on since Rao stepped down as the CEO. Singh and Medda are the two candidates from the existing management. But the (proceedings) are being run by (a) third-party firm to follow due process,” a person briefed on the matter said…
• PepsiCo India may name George Kovoor as president
  27 Nov 2023, retail.economictimes.indiatimes.com
  George Kovoor, senior vice-president and general manager, beverages at PepsiCo, has been in the current role since January 2022. He has had a three-decade long association with the maker of Pepsi and Mountain Dew fizzy drinks, Tropicana juices, Lays snacks and Doritos tortilla chips, in various leadership operating roles in Asia-Pacific, China and New York. ..
• Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday
  27 Nov 2023, retail.economictimes.indiatimes.com
  Cyber Monday, as the first Monday after the Thanksgiving holiday has become known as merchants step up online promotions, is set to be the biggest online shopping day of the year in the United States…
• Milk, egg, meat output up significantly in past five years; wool down: Report
  27 Nov 2023, livemint.com
  Production of milk, egg and meat has significantly gone up in 2022-23 over the past five years, although wool output in the same period has witnessed a negative growth, according to a report released by the Union minister for fisheries, animal husbandry and dairying Parshottam Rupala on Sunday…
• What does sales as a service mean? How it works for consumer goods companies?
  27 Nov 2023, retail.economictimes.indiatimes.com
  Due to the saturation of the urban markets, companies are adapting go-to-market strategies to meet their continuous growth ambitions. This is where Sales-as-a-Service (SaaS) emerges as a game-changing solution that can help overcome the limitations of traditional distribution models and achieve remarkable risk-free market expansion…
• Smartphones get growth signal for 2024
  27 Nov 2023, retail.economictimes.indiatimes.com
  The rebound is expected after the Indian smartphone market fell in volume terms for two years as demand in the entry-level segment got hit due to adverse macroeconomic factors, which led to higher prices, as well as the pandemic. ..
• Lava readies Rs 500-cr R&D, marketing plan
  27 Nov 2023, retail.economictimes.indiatimes.com
  Indian smartphone brand Lava plans to invest over ₹500 crore in research and development and marketing over the next two years. With a focus on ‘5G-fying’ budget smartphones, the company aims for 100% year-on-year growth. Lava, which saw its revenue triple since its 2020 relaunch, intends to compete with Chinese rivals by enhancing R&D capabilities and brand presence, targeting a 100% growth rate for the next 3-4 years. ..
• 99.2 per cent of mobiles ‘Made in India’: Ashwini Vaishnaw reviews meteoric growth of Indian mobile sector
  27 Nov 2023, retail.economictimes.indiatimes.com
  Minister of Electronics and Information Technology, Ashwini Vaishnaw, took to social media platform X to announce achievement in the mobile industry. The minister met with key stakeholders and leaders in the mobile industry to conduct a comprehensive review of the progress made…
• SAYA GROUP TARGETS RS 4,000 CR DEVELOPMENT IN THREE YEARS
  25 Nov 2023, rprealtyplus.com
  Saya Group, one of the leading real estate developers in India, announces its ambitious plans to achieve a remarkable development worth Rs 4,000 crore over the next three years. 2.33 million square feet of commercial area worth Rs. 2500 crores is under construction projects, while Rs. 1500 crores have been earmarked for ultra luxury high-end residential developments in Indirapuram…
• CINÉPOLIS LAUNCHES ITS NEW MULTIPLEX AT LULU MALL HYDERABAD
  25 Nov 2023, rprealtyplus.com
  Cinépolis, India’s first international cinema exhibitor, announces the launch of its all-new Multiplex facility at the LULU Mall in Hyderabad…
• Maharashtra government unlikely to withdraw 1% metro cess on property registration
  25 Nov 2023, realty.economictimes.indiatimes.com
  Several citizens and realtors have requested the government to withdraw the cess to bring down the stamp duty. The state has earned over Rs3,000 crore till October from the Metro cess since it was introduced in February 2019 in Mumbai, Pune, Thane and Nagpur to fund public infrastructure projects…
• Nature’s Basket rides on luxury segment, hopes to be in black next FY
  25 Nov 2023, retail.economictimes.indiatimes.com
  The retail chain is entering the ultra-premium or luxury segment with a bigger format experiential concept store- Nature’s Basket Artisan Pantry. Spencer’s Retail chairman Shashwat Goenka said that the first store in this format will be open today in Palladium Mall in Lower Parel in Mumbai. It would be a 12,000 square feet store compared to the average 2,500 square feet stores of the retail chain…
• When a change in buyer behaviour halted ‘downtrading’ in Indian FMCG
  25 Nov 2023, retail.economictimes.indiatimes.com
  It may be mentioned here that downtrading happens when consumers shift from larger packs to smaller packs. This trend was noticed in several categories till October…
• No big boost expected in luxury spending during holiday season – Bain
  25 Nov 2023, retail.economictimes.indiatimes.com
  The holiday season is upon us but people are not interested in spending so much this luxury season…
• It’s official: Your Subway to come with coke
  25 Nov 2023, retail.economictimes.indiatimes.com
  Subway India has ended its five-year exclusive deal with PepsiCo India to sell its products at its outlets and has signed up with rival Coca-Cola. All 570+ Subway stores in India will now sell Coca-Cola’s soft drinks, juices, coffee, tea, and water. Coca-Cola has confirmed the deal with Subway and has started updating its online ordering app with Coca-Cola drinks on aggregator platforms like Swiggy and Zomato…
• Coca-Cola joins ONDC network through SellerApp
  25 Nov 2023, retail.economictimes.indiatimes.com
  The integration took place through SellerApp, which will provide order management and inventory tracking while helping sellers identify trends and patterns of the beverage market segment. With this integration, the company aims to access a vast consumer base in the digital commerce arena while ensuring the availability of its products worldwide…
• Jagatjit Industries Q2 profit grows 2-fold to Rs 2.4 cr; takes Rs 180 cr loan for ethanol plant
  25 Nov 2023, retail.economictimes.indiatimes.com
  Total income rose to Rs 187.06 crore during July-September 2023-24 from Rs 174.95 crore in the corresponding period of the previous year…
• Senco Gold will close the year with around 12-12.5% stud ratio: CFO
  25 Nov 2023, retail.economictimes.indiatimes.com
  “As far as the growth across all the zones is concerned, we are very happy that we are growing across all the zones in India, particularly in the Eastern zone where the growth is around 22%. But in the West and South, the growth is much higher, more than 30% because our base there is slightly lower and we have much more to do. So the North region is growing.” ..
• India smartwatch market hit fresh high: Brands that drove the market
  25 Nov 2023, retail.economictimes.indiatimes.com
  India smartwatch market sees 21% YoY growth in Q3 2023, with domestic manufacturing market share reaching a record high of 82%. Counterpoint Research attributes the growth to high inventory build-up for festive season sales, as well as larger screens and OLED displays in the Rs 2,000-Rs 3,000 price range. Domestic brands like Fire-Boltt, Noise, Boat, Fastrack, and beatXP lead the market, while Apple experienced a decline in shipments by 52%…
• Only 17% of 1,900 products made by 20 largest food & beverages firms in India healthy, says report
  25 Nov 2023, retail.economictimes.indiatimes.com
  A report by Access to Nutrition Initiative (ATNI) reveals that more than three-fourths of the products manufactured by the 20 largest food and beverages companies in India are derived from non-healthy ingredients. The report urges these entities to ensure that at least half of their portfolio meets the ‘healthy threshold’. Currently, only 17% of the products are considered healthy, accounting for a quarter of the combined sales. The report also highlights that just 12% of the products are eligible to be marketed to children according to WHO-South-East Region criteria…
• Black Friday 2023: India’s top retailers unveil massive discounts and online bonanza
  25 Nov 2023, retail.economictimes.indiatimes.com
  Black Friday 2023 heralds a transformative shopping season in India, mirroring the West’s tradition. Top retailers like Croma, Amazon, Nykaa, Adidas, and more offer massive discounts, while the e-commerce surge reshapes the market. With electronics leading the fray, the iPhone 15 and gaming consoles steal the spotlight. As India embraces this global shopping frenzy, the stage is set for an unprecedented shopping extravaganza, promising unparalleled deals and a digital shopping bonanza for eager consumers…
• D2C health & wellness platform Wellify joins ONDC network
  25 Nov 2023, retail.economictimes.indiatimes.com
  Nitish Bajaj, CEO of Piramal CPD said, “As a company that is always looking to innovate and disrupt the market, joining the ONDC Network will help Wellify achieve additional scale. This integration will help us widen our reach, be easily accessible to consumers across the country and provide them with our innovative range of products.”..
• Lenovo launches computers with India-made motherboards
  25 Nov 2023, retail.economictimes.indiatimes.com
  ​​”India is a very strategic market and with the government push in terms of Make in India and participating or being part of Make in India – we are fully committed to that,” Saurabh Agrawal, chief operating officer, Lenovo India told ET…
• Thomson Computing, Sahasra Group partner to manufacture laptops & tablets in India
  25 Nov 2023, retail.economictimes.indiatimes.com
  Speaking on the launch, Amrit Manwani, CMD, Sahasra Group said that they have an ambitious plan lined up in the next few years. “In the next 5-6 years, we have an ambitious target of 1 billion euro of business which translates to Rs 10,000 cr per year. I am sure it will be achievable. This includes both domestic and export combined.” The production will take place in Sahasra’s Noida and Rajasthan facilities and is expected to be available by January/February next year…
• Most Indian households prefer local shops over online for fruits, vegetables
  25 Nov 2023, livemint.com
  Nearly 66% of Indian households prefer purchasing fresh fruits and vegetables from traditional local markets due to quality concerns and high prices of online products, according to a survey conducted by LocalCircles…
• India Online Retail Market Report 2023-2028: Tier-3 and Tier-2 Cities Lead the Surge in E-commerce Market Share
  25 Nov 2023, finance.yahoo.com
  Dublin, Nov. 24, 2023 (GLOBE NEWSWIRE) — The “Online Retail Market in India 2023 – 2028” report has been added to ResearchAndMarkets.com’s offering…
• Ligne Roset Unveils Its Exclusive Retail Space in Mumbai
  25 Nov 2023, indianretailer.com
  In a significant move marking its 163-year legacy, Ligne Roset, the esteemed family-owned luxury furniture and lifestyle brand, has inaugurated its maiden exclusive retail store in Prabhadevi, Mumbai…
• Fashion Frenzy in Pune: H&M’s Fourth Store and Home Decor Launch Elevates India’s Retail Scene
  25 Nov 2023, indianretailer.com
  In a moment of sartorial splendor, H&M, the global fashion juggernaut celebrated for its unbeatable blend of style and sustainability, has just opened its fourth store in Pune at Phoenix Mall of The Millennium. Elevating the excitement, this launch marks the debut of H&M Home, a concept set to redefine home decor for Pune’s style-conscious residents…
• Black Friday Fever Hits Indian Shores: A Retail Revolution Unveiled
  25 Nov 2023, indianretailer.com
  As the winter chill settles in, the vibrant streets of India are adorned with twinkling lights, and the air is thick with anticipation. It’s not just the festive season that’s stirring excitement; it’s the approaching Black Friday Sale, a shopping phenomenon that has woven itself into the fabric of Indian retail…
• How ‘The Beauty Sale’ on Amazon Beauty is Set to Disrupt Black Friday with Gen Z Favorites and Sustainable Brands in India
  25 Nov 2023, indianretailer.com
  Beauty enthusiasts across India are in for a treat as Amazon unveils the much-anticipated beauty shopping extravaganza of the year – The Beauty Sale on Amazon Beauty, running from November 24th to 26th, 2023. Powered by Maybelline and presented in association with L’Oréal Professionnel, this event promises a celebration of beauty with exclusive discounts and exciting offers…
• ABFRL Concludes Sustainability Accelerator Program 2023
  25 Nov 2023, indianretailer.com
  Aditya Birla Fashion and Retail Ltd (ABFRL), a prominent player in India’s fashion industry, proudly marks the successful conclusion of the Sustainability Accelerator Program 2023…
• D2C Star Nestasia’s First Brick-and-Mortar Store in Bengaluru Marks it’s Second Leg of Expansion Plans
  25 Nov 2023, indianretailer.com
  Nestasia, the trailblazing home décor brand, has unfurled the doors to its newest sanctuary of style in Bengaluru, adding a touch of contemporary allure to the bustling Bellandur neighborhood. This 680 sq ft haven, the brand’s second physical store nationwide, marks a significant leap in Nestasia’s retail expansion journey…
• Piccadily Distilleries Unveils Camikara 3 Years Old
  25 Nov 2023, indianretailer.com
  Piccadily Distilleries has unveiled Camikara 3 Years Old (YO), a distinctive 100 percent pure cane juice rum aged in American oak barrels for three years. Contrary to the prevalent use of molasses or grain ENA in Indian rum production, Camikara stands as India’s pioneer in premium, pure cane juice rum…
• HCCB and Kaushalya University Team Up for Retail Skills Training in Gujarat
  25 Nov 2023, indianretailer.com
  Hindustan Coca-Cola Beverages Private Limited (HCCB), a leading FMCG company in India, has formalized a Memorandum of Understanding with Kaushalya University to implement a Sales and Marketing training program, aiming to skill 5,000 individuals in Gujarat…
• Tira Adds Global Giants Blessed Moon, Allies of Skin and Laura Mercier to its Kitty
  25 Nov 2023, indianretailer.com
  In a spectacular addition to its ever-evolving beauty portfolio, Reliance Retail’s Tira introduced three global beauty powerhouses that are set to redefine the beauty landscape in India. Blessed Moon, Allies of Skin, and Laura Mercier Cosmetics bring a fusion of innovation, quality, and artistry to Tira’s diverse beauty offerings…
• VAHDAM India: Where Tradition Meets Modernity in a Cup of Tea
  25 Nov 2023, indianretailer.com
  VAHDAM India, with its newly unveiled ‘VAHDAM India TEA ROOM,’ aims to encapsulate an enchanting narrative. “We are an Indian brand that is trying to take the best of India to the world with a core vision of taking native Indian wellness wisdom to the world. With our tea room, we are ready to host our customers with everything we have to offer as a brand,” remarks Bala Sarda, Founder & CEO, VAHDAM India…
• Mia by Tanishq: Jewelry’s Rising Star with 3X Growth and Innovative Omnichannel Approach
  25 Nov 2023, indianretailer.com
  In the world of jewelry, where tradition meets contemporary style, Mia by Tanishq has emerged as a shining star. Rajiv Menon, National Head – Sales and Retail Operations, Mia by Tanishq, revealed the brand’s journey of success, innovation, and growth…
• Avoiding Downtime During the Festive Season: Why E-Commerce Companies Need Observability
  25 Nov 2023, indianretailer.com
  It’s the time of the year when retailers and e-commerce businesses in India ramp up for annual festive season sales. Annual sale events are crucial to the industry, and in 2022 alone, India’s e-commerce industry reached Rs 40,000 crore ($480 million) in revenue…
• FITPASS Expands Reach Across India, Adds 2,000 Gyms and Fitness Centers
  25 Nov 2023, indianretailer.com
  India’s premier Fit-Tech brand, FITPASS, is strategically broadening its footprint to redefine fitness access nationwide. With plans to extend its presence into 15 new cities by the end of 2024, FITPASS has witnessed a significant surge in growth, incorporating an impressive 2,000 gyms and fitness centers over the past year…
• Conscious Chemist Bags Undisclosed Funding from Inflection Point Ventures
  25 Nov 2023, indianretailer.com
  Beauty brand Conscious Chemist has successfully raised an undisclosed amount from Inflection Point Ventures, marking a strategic move to fortify its position in India’s burgeoning beauty and skincare market…
• Woodside Burger Shop Unveils Mumbai’s Premier Burger Vanity Box
  25 Nov 2023, restaurant.indianretailer.com
  Grillmaster contains a kit that offers a selection of burgers of your choice along with all the necessary ingredients for grilling and assembling, eliminating the need for additional items…
• Bira 91 Unveils First Taproom in Delhi
  25 Nov 2023, restaurant.indianretailer.com
  This marks the company’s fourth Taproom in India, following its earlier launch at DLF CyberHub and in Bengaluru…
• Radico Khaitan Unveils Magic Moments Remix Pink Vodka
  25 Nov 2023, restaurant.indianretailer.com
  The Magic Moments Vodka collection encompassing the Remix series like Verve line, Dazzle, and Vodka Cocktails, stands as Radico Khaitan’s flagship brand. ..
• French Bakery Délifrance Lands in India via Bahri Hospitality’s Venture
  25 Nov 2023, restaurant.indianretailer.com
  Délifrance is renowned for a century of French bakery expertise is set to enter India through Bahri Hospitality and Cuisines Pvt Ltd, a division of the Bahri Group…
• Bangalore Watch Company Honors Women in Aviation with New Addition to MACH 1 Collection
  25 Nov 2023, indianretailer.com
  In a tribute to women in aviation and their significant contributions to modern India, Bangalore Watch Company introduces a new timepiece in the MACH 1 collection – the MACH 1 Silk Scarf…
• Bata India’s Hush Puppies Celebrates 65 Years with Innovative Joy-Spreading Initiatives
  25 Nov 2023, indianretailer.com
  In honor of the 65th birthday of Hush Puppies, renowned footwear brand under Bata India, a distinctive month-long celebration unfolded across all touchpoints to convey the message of embracing life on a brighter note…
• Bahri Hospitality Set to Elevate Bakery Experience with Délifrance
  25 Nov 2023, indianretailer.com
  With a rich legacy spanning 100 years in French Bakery know-how, Délifrance is set to make its mark in India through Bahri Hospitality and Cuisines Pvt Ltd, a part of the Bahri Group…
• ED-A-MAMMA and The Disposal Company Forge Alliance to Pioneer Plastic-Positive Fashion
  25 Nov 2023, indianretailer.com
  Renowned child clothing brand ED-A-MAMMA, founded by Bollywood luminary Alia Bhatt, has recently entered into a strategic partnership with The Disposal Company to recycle a significant volume of plastic from the environment…
• The Body Shop’s Ethical Gifting Takes a Sustainable Turn
  25 Nov 2023, indianretailer.com
  For almost five decades, The Body Shop has been synonymous with ethical gifting, transforming gifts into symbols of hope. Enriched with ingredients or packaging sourced from their Community Fair Trade partners, these gifts reflect the spirit of giving. Each purchase goes beyond celebrating with loved ones; it extends love to communities worldwide…
• HealthMug Partners with OMEO to Expand Natural Skincare Solutions
  25 Nov 2023, indianretailer.com
  HealthMug, a prominent online platform in the health and wellness sector, is pleased to announce its strategic collaboration with OMEO, a distinguished skincare brand. This partnership signifies a crucial milestone for both companies as they unite to provide a distinctive combination of natural and homoeopathic skincare solutions to an extended audience…
• Mall charging parking fee doesn’t violate bylaws or MPD: Delhi HC
  24 Nov 2023, realty.economictimes.indiatimes.com
  A bench of Justice Vibhu Bakhru and Justice Amit Mahajan pointed out that parking is one of the permitted activities in the basement and the areas earmarked for the said purpose in the mall…
• Appario looks for a new way to keep selling on Amazon
  24 Nov 2023, retail.economictimes.indiatimes.com
  Amazon and Patni Group, joint venture partners of Appario’s parent firm Frontizo, had in October last year announced plans to shut the seller entity within a year…
• Dealshare cofounders Vineet Rao, Sankar Bora exit post rejig
  24 Nov 2023, retail.economictimes.indiatimes.com
  While Rao “stepped down” from his role of chief executive in July and was supposed to work with the board for hiring a new CEO, he has now left Dealshare even as the company has yet to name his successor, several people aware of the matter said. Bora, who was chief operating officer, has also moved on from the company which is now shifting its non-tech functions to Gurgaon…
• Rage Coffee bets big on international, modern trade expansion and out-of-home consumption
  24 Nov 2023, retail.economictimes.indiatimes.com
  At present, 30 per cent of the business for the brand comes from marketplaces, 20 per cent from D2C and the remaining 50 per cent is equally divided between GT and MT…
• Innerwear, athleisure companies still bet on sops to clear excess stock
  24 Nov 2023, retail.economictimes.indiatimes.com
  Indian consumers had started reducing non-essential spending such as that on apparel, lifestyle products, electronics and dining out since Diwali last year due to inflation, increase in interest rates, job losses in some sectors such as startups and IT, and a slowdown in the economy…
• Daikin to accelerate supply of Made in India products, third plant goes on stream
  24 Nov 2023, retail.economictimes.indiatimes.com
  The company, a wholly-owned arm of Japan’s Daikin Industries Ltd said its third integrated air-conditioning and compressor manufacturing facility at Sri City, Andhra Pradesh, has been set up with an investment of Rs 1,000 crore. The new plant spread across 75.5 acres has been set up as part of a PLI scheme and it helps the company leverage on India’s manufacturing potential to produce for the world…
• Retailers are ready to kick off Black Friday just as shoppers pull back on spending
  24 Nov 2023, retail.economictimes.indiatimes.com
  Shoppers, powered by a solid job market and steady wage growth, had demonstrated a resilience that confounded economists and ran counter to sour sentiments expressed in opinion polls. Such spending, while cautious, came despite higher prices in the grocery aisle and higher borrowing costs…
• Wedding season starts today: Industry expects Rs 5 lakh crore spending from 38 lakh marriages in less than a month
  24 Nov 2023, retail.economictimes.indiatimes.com
  According to an estimate by Confederation of All India Traders, about 38 lakh weddings will be solemnised across the country, with a massive flow of about Rs 4.7 lakh crores by way of wedding purchases and procurement of various services, a TOI report stated.​​​​ The auspicious occasion of Dev Uthan Ekadashi on November 23 signals the commencement of weddings that will extend until December 15…
• ONDC onboards logistics firm XpressBees
  24 Nov 2023, retail.economictimes.indiatimes.com
  “At ONDC, our vision is to create an open network that connects buyers, sellers, and intermediaries of all kinds with each other without any digital barriers, and logistics is most definitely a key component of this revolution. With XpressBees coming onboard, it will strengthen our logistics network, ultimately delivering a thriving ecommerce ecosystem,” said T Koshy, MD & CEO, ONDC…
• Amazon and WBIDC join hands to boost exports from Bengal
  24 Nov 2023, retail.economictimes.indiatimes.com
  WBIDC will establish e-commerce export hubs and set up an e-commerce export facilitation cell in key districts of West Bengal, including Kolkata, North 24 Paraganas, South 24 Paraganas, Howrah, Hooghly, and others. Amazon will organize awareness sessions and conduct capacity-building workshops for MSMEs in these e-commerce export hubs…
• Magicpin food delivery order doubles to 10 lakh on ONDC during World Cup
  24 Nov 2023, retail.economictimes.indiatimes.com
  “Magicpin has crossed 10 lakh food delivery orders for the entire duration of the World Cup between October 5 and November 19. The number of orders soared beyond expectations as ONDC’s demand grew on magicpin’s own buyer app and through other large buyer apps like Paytm, Phonepe’s Pincode and Ola,” the company said in a statement…
• Wellness brand Fitspire enters $17 billion vegan skincare market
  24 Nov 2023, retail.economictimes.indiatimes.com
  Fitspire, a vegan and plant-based personal wellness brand, has entered the $17 billion global skincare market by launching plant-based biotin, collagen, and omega products. The brand aims to cater to Indian consumers seeking vegan, natural, clean, and cruelty-free products. The Indian vegan cosmetic market is expected to grow above 7.17% CAGR from 2023 to 2028…
• Beauty brand Conscious Chemist raises an undisclosed amount in Bridge Round
  24 Nov 2023, retail.economictimes.indiatimes.com
  With these funds, the company plans to expand its product categories, strengthen the brand’s marketing, and establish offline retail stores…
• National Espresso Day: From Chai to Espresso – Unveiling the Transformation of India’s Coffee Culture
  24 Nov 2023, indianretailer.com
  India, a nation steeped in tradition and known for the comforting fragrance of chai, is undergoing a silent revolution with the emergence of coffee culture. Chai, a harmonious blend of black tea, milk, sugar, and spices, has been an integral part of Indian society…
• Celebrating Top Brand Collaborations and Innovative Partnerships at Star-Studded Labels Awards 2023
  24 Nov 2023, indianretailer.com
  Labels Awards 2023 was an evening of distinguished accolades applauding outstanding accomplishments of cutting-edge brand strategies and collaborations and individuals who have demonstrated brilliant innovation, and leadership across diverse Brand Licensing categories…
• BoConcept India: Blending Danish Elegance with Omnichannel Triumph and Sustainable Style
  24 Nov 2023, indianretailer.com
  BoConcept India stands as a beacon of elegance and innovation in the world of interior design and home furnishings. Since its inception in 2016, the brand has rapidly grown, now boasting eight stores across major Indian cities…
• Charlie Whiskey on a 50-year-Trot to Success
  24 Nov 2023, indianretailer.com
  Highfield Distillery, the company behind the renowned liquor brand Charlie, celebrates five decades in the liquor trade by showcasing its premium range of spirits, including rum, vodka, and whiskey…
• Freshpik: Gourmet Meets Geek-chic
  24 Nov 2023, indianretailer.com
  Freshpik, a first-of-its-kind experiential gourmet food superstore from Reliance Retail, has emerged as a beacon of innovation and sustainability in the world of gourmet groceries. Freshpik’s journey is a testament to the power of blending tradition with technology…
• Honasa Consumer Soars: 33 pc Revenue Growth & 14X YoY Surge in Net Profit in H1 FY24
  24 Nov 2023, indianretailer.com
  Honasa Consumer Ltd., a dynamic force in the Beauty and Personal Care (BPC) industry, has recently unveiled its stellar financial results for Q2 and H1 FY24, showcasing remarkable growth, innovative strategies, and a steadfast commitment to purpose-driven initiatives…
• HCCB and Kaushalya University Team Up for Retail Skills Training in Gujarat
  24 Nov 2023, indianretailer.com
  Hindustan Coca-Cola Beverages Private Limited (HCCB), a leading FMCG company in India, has formalized a Memorandum of Understanding with Kaushalya University to implement a Sales and Marketing training program, aiming to skill 5,000 individuals in Gujarat…
• Zappfresh Bags Rs 30 cr Funding to Drive Expansion
  24 Nov 2023, indianretailer.com
  Zappfresh, the sole profitable meat delivery platform in India, is pleased to announce a funding round of Rs 30 crore (approximately $4.3 million). The investment comes from a consortium of investors including Ah! Ventures, HT Media, Unity SFB, and Heifer Impact, marking a significant milestone in Zappfresh’s growth trajectory…
• You Care Lifestyle Expands Product Portfolio with ‘You Balance’
  24 Nov 2023, indianretailer.com
  Amidst the rising health challenges in India attributed to unhealthy lifestyles, You Care Lifestyle proudly introduces its inaugural in-house product, “You Balance.”…
• How this D2C Brand is Changing Dental Care
  24 Nov 2023, indianretailer.com
  As cold winds usher in the season of warmth and self-care, the shift in daily experiences becomes apparent. From chattering teeth and dry winds inducing dehydration to minor tooth pain and sensitivity, the winter season brings unique challenges…
• How J-Beauty is Ruling the Beauty Retail Sector this Wedding Season
  24 Nov 2023, indianretailer.com
  With the impending wedding season, soon-to-be brides and grooms are embarking on a quest for impeccable, radiant skin as they approach their big day…
• Zubin Sutaria Appointed as Director of Sales & Marketing at Sheraton Grand Pune
  24 Nov 2023, restaurant.indianretailer.com
  Sheraton Grand Pune has introduced Mr. Zubin D. Sutaria as their Director of Sales & Marketing.As the Director of Sales & Marketing at Hilton Garden Inn, Pune Hinjewadi, Mr. Sutaria significantly influenced the sales team by fostering long-lasting, value centric customer connections…
• Ramee Group Expands Portfolio with Bhuj’s Newest Luxury Destination
  24 Nov 2023, restaurant.indianretailer.com
  he broad vision of Ramee Group stands ready to create significant job openings, energize local economies, and solidify India’s position as a leading global destination for premier hospitality and entertainment…
• Country Inn & Suites Unveils Niro’s Rooftop Bar
  24 Nov 2023, restaurant.indianretailer.com
  The menu offers an array of food options that include starters like Mushroom on Kori Roti and Kerala Pepper Beef, paired with unique cocktails crafted from special ingredients…
• GOPIZZA Launches Container Model Outlet in Bangalore
  24 Nov 2023, restaurant.indianretailer.com
  The brand aims to allocate 10 percent to 15 percent of its expansion strategy to container outlets, intending to establish a presence in 15 cities across India within a year…
• “Non-alcoholic Bev Crafted with Complexity and Creativity are on the Rise”
  24 Nov 2023, restaurant.indianretailer.com
  In an exclusive interaction with Restaurant India, Karan Khilnani of Pune’s popular Elephant & Co talks about new trends, beverages and hospitality biz…
• Starbucks Unveils ‘Holiday Classics from The Archies’ Beverages, Inspired by Netflix India’s Upcoming Flick
  24 Nov 2023, indianretailer.com
  In a delightful convergence of pop culture and seasonal cheer, Starbucks is set to unveil four exclusive beverages, inspired by characters from Netflix India’s much-anticipated movie, ‘The Archies.’ The concoctions, aptly named the ‘Holiday Classics from The Archies,’ will be available at Starbucks outlets starting November 20, 2023…
• NBA and Suditi Sports Apparel Extend Licensing Collab
  24 Nov 2023, indianretailer.com
  The National Basketball Association (NBA) and Suditi Sports Apparel Ltd. (SSAL) have jointly declared a multiyear expansion of their ongoing merchandising partnership…
• Godrej Yummiez Disrupts Frozen Foods Market with Accessible Frozen Delights
  24 Nov 2023, indianretailer.com
  Godrej Yummiez, a brand specializing in frozen ready-to-cook products by Godrej Tyson Foods Limited (GTFL), has introduced an innovative sachetisation format to the frozen foods category…
• RMZ Corporation plans to double its real estate business to $40 billion by 2029
  23 Nov 2023, realty.economictimes.indiatimes.com
  RMZ Corporation announced the appointment of Arshdeep Sethi as president of RMZ Real Estate, Thirumal Govindraj as CEO of RMZ Office, Avnish Singh as CEO of RMZ Mixed Use, Saandip Kundu as CEO of RMZ Living and Avinash Sule as CEO of RMZ Industrial & Logistics and RMZ Hospitality…
• Eight smart city projects ready for inauguration in Trichy
  23 Nov 2023, realty.economictimes.indiatimes.com
  Among the completed projects are the multi-level car parking (MLCP) on West Boulevard Road and revamping of the fish market at Gandhi market…
• WORLD TRADE CENTER NDITA SIGNS MOU WITH WTC IN 5 MAJOR CITIES
  23 Nov 2023, rprealtyplus.com
  World Trade Center NDITA , The First World Trade Center (WTC)Project in salt lake at West Bengal by Merlin Group has signed a memorandum of understanding with the World Trade Centers of Mumbai, Bengaluru, Chennai, Kochi and Noida at the Urban infrastructure session at Biswabanga Mela Prangan of Bengal Global Business Summit ,2023…
• RMZ CORP TO DOUBLE REAL ESTATE BUSINESS TO $42 BILLION BY 2029
  23 Nov 2023, rprealtyplus.com
  Menda brothers owned RMZ Corporation has unveiled its transition into an alternate asset owner. The company’s ambitious plan is to double its rent-yielding Real Estate business to $42 billion by 2029. It will channelize investments into Office, Mixed-use, Industrial & logistics, RMZ Living (ultra-luxury residential offering) and the Hospitality sector…
• Liberty Shoes removes Executive Director Adesh Kr Gupta after NCLT sets aside his plea
  23 Nov 2023, retail.economictimes.indiatimes.com
  Gupta had approached NCLT seeking this waiver, which was rejected on November 20, 2023, according to a regulatory filing by Liberty Shoes on Tuesday. Earlier, NCLT had given a go-ahead to the Annual General Meeting of Liberty Shoes in which a special notice was received for the removal of Gupta as ED of the company from shareholders…
• Will launch more brands to cover white space in beauty & personal care segment: Honasa Consumer
  23 Nov 2023, retail.economictimes.indiatimes.com
  The company will prefer organic routes for the new brand, though it may also consider acquisition if it finds a good opportunity, Alagh said. For the first half of this fiscal, Honasa Consumer on Wednesday reported Rs 961 crore in revenue from operations, driven by a volume growth of 35 per cent on a year-on-year basis…
• Coca-Cola India enters ready-to-drink tea beverages segment
  23 Nov 2023, retail.economictimes.indiatimes.com
  The organic green tea for the product will be sourced from Kolkata-based Luxmi Tea Co Private Ltd’s Makaibari Tea Estate, company officials said…
• Minimalist to invest Rs 100 crore to open new manufacturing facility in Jaipur
  23 Nov 2023, retail.economictimes.indiatimes.com
  The brand already has a manufacturing plant in Jaipur which operates at a daily capacity of 1.5 lakh units…
• Barring iPhone, sales of Apple devices may fall in India, analysts estimate
  23 Nov 2023, retail.economictimes.indiatimes.com
  While Mac shipments will likely fall between 15% and 18% in calendar 2023, iPad shipments might contract 6% to 8%, analysts at technology market researcher Counterpoint told ET. Shipments of Airpods and Apple Watches will likely more than halve this year, the analysts said. They declined to give unit projections for shipments of these products…
• Companies & retailers start discounts, redo retail stores, hire 20% higher temporary gig workforce for Black Friday
  23 Nov 2023, retail.economictimes.indiatimes.com
  Amazon India is kicking off its ‘beauty sale’ on the same day with up to 60% discounts. Zeba Khan, director – beauty, personal care and luxury beauty, Amazon India, said the sale event is being equipped with “brand partnerships and live sessions”…
• How can quick commerce trend benefit FMCG and other sectors? Sachin Dixit explains
  23 Nov 2023, retail.economictimes.indiatimes.com
  “Initially, thinking of quick commerce, most people were banking on grocery as the primary category. Now a lot of companies are releasing items during the festive season. A lot of gold and silver coins, Ganpati idols were sold on these platforms. Going forward, growth will be driven by consumers getting added and the number of monthly and annual transacting users going up.”…
• Home décor, fashion and hair accessories topped the demand in online shopping during festive season
  23 Nov 2023, retail.economictimes.indiatimes.com
  ​​States that contributed to the highest orders were Uttar Pradesh, Maharashtra, Bihar, West Bengal and Tamil Nadu with over 70% of the customers from tier 2 & 3 cities across the country. Home decor, fashion and hair accessories were among several other categories that topped the demand chart…
• 
  

  Mamaearth Q2 Results: Profit soars 93% YoY to Rs 29 crore; revenue jumps 21%

    23 Nov 2023, retail.economictimes.indiatimes.com
  Honasa said it is continuing to focus on strong offline distribution as well. As per NielsenIQ, brands of Honasa Consumer retailed at 1.65 lakh offline outlets in September 2023, an increase of 47% in offline distribution YoY. In the first half, the company clocked Rs 961 crore in revenue from operations, growing 33% YoY (like-for-like growth of continuing business was 36%). This was driven by volume growth of 35% YoY…
• ‘Smartphone shipments to stay flat in 2023 despite festive uptake’
  23 Nov 2023, retail.economictimes.indiatimes.com
  Counterpoint Research expects a 2% year-on-year decline to 149 million units and the fourth quarter to register shipment growth after a flat third quarter. After Diwali, the research firm estimates the rest of the fourth quarter to remain slow, with brands expected to enter the next year with a clean slate. IDC India, however, has revised its forecast downwards to 140-143 million units for the full year 2023, from 144-145 million units estimated earlier..
• Lenovo India sales fall 12% in FY23 as Indian PC market declines
  23 Nov 2023, retail.economictimes.indiatimes.com
  Industry executives said this is a reflection of the overall fall in PC demand in FY23 post the Covid peak in sales then due to work and study from home and also due to high inflation impacting consumption. In the FY23 annual report filed to RoC, Lenovo India managing director Shailendra Katyal said the company’s “PC business navigated global uncertainties, supply chain disruptions, inflation and high interest rates.”..
• Xiaomi India saw 200% growth in 5G smartphones in festive season
  23 Nov 2023, retail.economictimes.indiatimes.com
  The executive said the company has come a long way from the tough days of 2022, and is looking to exit 2023 with a lot of strength, momentum, and optimism…
• Top 10 Malls in India
  23 Nov 2023, businessoutreach.in
  Shopping malls play a pivotal role in India’s expensive commercial real estate sector, constituting a substantial portion of its landscape. The flourishing mall industry in the country has witnessed remarkable growth, prompting a curiosity about the most prominent names in this sector…
• Kingdom of White Expands Retail Horizon with Pune Store Debut
  23 Nov 2023, indianretailer.com
  Renowned for its dedication to the profound philosophy of “For the Love of White,” Kingdom of White, a distinguished premium menswear brand, announces the inauguration of its latest retail outlet in Pune. This strategic expansion marks a significant milestone in the brand’s trajectory, firmly establishing its presence in Pune, one of India’s culturally and commercially affluent cities…
• KALKI Expands Its Offline Presence in Bengaluru
  23 Nov 2023, indianretailer.com
  In a significant stride into the vibrant retail landscape of Bengaluru, KALKI, synonymous with quintessential couture, has officially opened its doors in Jayanagar on November 20th…
• Mango Kids Celebrates 10 Years of Stylish, Sustainable Childhood Fashion
  23 Nov 2023, indianretailer.com
  Mango Kids, the heartwarming chapter of the Mango success story, is celebrating a decade of providing exceptional fashion for the little ones. In 2013, Mango Kids was born with a vision to offer quality, affordable, and uniquely designed clothing for children and adolescents…
• Tira by Reliance Retail Transforms Beauty Retail with Cutting-edge Omnichannel Experience
  23 Nov 2023, indianretailer.com
  Tira, Reliance Retail’s beauty haven, has emerged as a beacon of elegance and innovation. Since its launch in April 2023, Tira’s omnichannel strategy has set a new standard in the Indian beauty retail market…
• STRROT and Seletti Unite to Broaden Design Horizons
  23 Nov 2023, indianretailer.com
  Delhi-based STRROT, a prominent player in exclusive and high-end furniture, interior, and lifestyle, is now the exclusive representative of Seletti, Italy’s iconic design brand, heralding a Renaissance in Design Excellence in India’s retail landscape…
• The Surge of Private Labels and D2C Brands in India’s Thriving Market
  23 Nov 2023, indianretailer.com
  Presently valued at Rs 13 billion, the private label sector and D2C segment constitute a noteworthy 10-12 percent of India’s organized retail sector. These labels exert a substantial influence in offline retail, commanding a remarkable 90 percent of sales in the expansive apparel and fashion retail sector…
• EVM Unlocks Innovation, Expands Product Portfolio
  23 Nov 2023, indianretailer.com
  EVM, a renowned brand for computing and mobility products owned by Hundia Info Solutions Pvt. Ltd, introduces the EnMag Neo Power Bank, a 10,000mAh capacity device with Magsafe compatibility…
• Amazon India Partners with IWAI to Pave the Way for Inland Water Transport
  23 Nov 2023, indianretailer.com
  In a significant development, Amazon India and the Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping, and Waterways have formalized a Memorandum of Understanding (MoU) to revolutionize the transportation of customer packages through inland waterways…
• GOPIZZA Launches Container Model Outlet in Bangalore
  23 Nov 2023, restaurant.indianretailer.com
  The brand aims to allocate 10 percent to 15 percent of its expansion strategy to container outlets, intending to establish a presence in 15 cities across India within a year…
• Waseem Karbelkar Appointed as Sales & Marketing Director at Novotel Goa Resorts & Spa and Novotel Goa Candolim
  23 Nov 2023, restaurant.indianretailer.com
  Waseem will take charge in his new capacity by overseeing the sales and marketing strategies for Novotel Goa Candolim and Novotel Goa Resorts & Spa…
• Jerry Javier Bernasol Joins Culinary Team at The Leela Ambience Gurugram
  23 Nov 2023, restaurant.indianretailer.com
  Chef role involves enhancing Spectra’s menu with his deep knowledge of Japanese cuisine, introducing both traditional and inventive flavors to the restaurant’s diverse offerings…
• Spaceman Spirits Lab Unveils Luxury Craft Rum Sitara
  23 Nov 2023, restaurant.indianretailer.com
  The Sitara Barrel White Aged Rum is priced at INR 1200 for a 750 ml bottle in Goa, while the Sitara Botanical Spiced Rum is offered at INR 1350 for the same bottle size in the region…
• Centric Brands Secures Exclusive Licensing Deal for Kids’ Apparel with Authentic Brands Group
  23 Nov 2023, indianretailer.com
  Centric Brands LLC has recently finalized an exclusive licensing agreement with Authentic Brands Group to oversee the design, production, and distribution of kids’ apparel for Quiksilver, Billabong, and ROXY throughout the United States and Canada…
• Major League Table Tennis and Bally Live Forge Global Partnership for Sport’s Innovation
  23 Nov 2023, indianretailer.com
  Major League Table Tennis (MLTT), the pioneering professional table tennis league in the USA, is pleased to announce a strategic licensed content distribution partnership with Bally Live…
• UMG and Sewasew Multimedia Forge Alliance to Expand Music Access in Ethiopia
  23 Nov 2023, indianretailer.com
  In a noteworthy agreement disclosed on November 16, Sewasew Multimedia is set to obtain licensing and marketing rights for Universal Music Group’s (UMG) extensive music catalog in Ethiopia…
• URBAN SQUARE MALL ‘HAR DIL ROSHAN’ EVENT FOR EMERGENCY SERVICES STAFF
  22 Nov 2023, rprealtyplus.com
  Urban Square Mall, one of the premier shopping destinations in Udaipur, took a unique initiative to pay tribute to the hard work and dedication of the police and emergency services staff in the community…
• DLF buys office space in Gurugram for Rs 81 crore
  22 Nov 2023, realty.economictimes.indiatimes.com
  The building is the costliest office space tower in Gurgaon. The space was owned by Madhur Maini and has been leased to WeWork India…
• Titan gets CCI nod for additional stake purchase in CaratLane
  22 Nov 2023, retail.economictimes.indiatimes.com
  The combination relates to the acquisition of 27.18 per cent share capital of CaratLane (a subsidiary of Titan) by Titan Company Ltd, on a fully diluted basis, from Mithun Padam Sacheti, Siddhartha Padam Sacheti, and Padamchand Sacheti, according to a release. In August, jewellery maker Titan announced that it is going to increase its stake in its subsidiary and new-age jewellery brand CaratLane to 98.28 per cent by acquiring an additional 27.18 per cent for Rs 4,621 crore…
• Diwali sparks 49% surge in online sales
  22 Nov 2023, financialexpress.com
  The fortnight leading up to Diwali, between October 29 and November 11, witnessed an impressive 49% average increase in sales online and a 35% surge in traffic, with conversion rates experiencing an upswing of up to 22%, says a festive season report by global commerce media company Criteo…
• Jubilant Foodworks CFO Ashish Goenka resigns
  22 Nov 2023, retail.economictimes.indiatimes.com
  Goenka tendered his resignation to explore career opportunities beyond the company. His last working day as the CFO and KMP of the Company would be 15 December 2023, Jubilant Foodworks’s regulatory filing said…
• Sunpure forays into packaged jaggery market; targets Rs 120 crore annual revenue in this segment
  22 Nov 2023, retail.economictimes.indiatimes.com
  Over the next one month, ​​it plans to introduce the new products to all its existing markets across Karnataka, Maharashtra, Kerala, Andhra Pradesh, Telangana, Goa and Tamil Nadu. And it aims to become a Pan-India FMCG brand that empowers Indian consumers to embrace healthy living…
• Delhi’s Khan Market world’s 22nd priciest high street retail location
  22 Nov 2023, retail.economictimes.indiatimes.com
  “Delhi’s Khan Market features amongst the top 25 most expensive main street markets in the world. With pre-pandemic to present growth (during September quarter) at 7% and a 3% year-on-year growth in rent in terms of INR, Khan Market ranked 22nd on the coveted global main street list,” Cushman & Wakefield said in a statement…
• Upcoming wedding season likely to generate Rs 4.7 lakh cr business: CAIT
  22 Nov 2023, retail.economictimes.indiatimes.com
  The Confederation of All India Traders (CAIT) predicts a wedding season expenditure of Rs 4.74 lakh crore from November 23 to December 15, involving nearly 38 lakh marriages. This year’s expenditures are almost Rs 1 lakh crore higher than the previous year, mainly due to increased wedding purchases and service procurement. ..
• Herby Angel raises US $ 2.5 million funding from JCBL Group
  22 Nov 2023, retail.economictimes.indiatimes.com
  A report by the market researcher TechSci Research said the organic personal care products market in India was valued at US$ 570 million in financial year 2020-21, forecasted to grow at a compound annual growth rate of 15% to touch US $1,239.04 million in FY 2026…
• Empowering Women Entrepreneurs in India: A Journey of Resilience and Potential
  22 Nov 2023, indianretailer.com
  Beyond numbers, the narrative of women entrepreneurs in India is one of shattering stereotypes and breaking through barriers that once seemed insurmountable…
• Woodside Burger Shop Expands Product Portfolio to Elevate Indian Grilling
  22 Nov 2023, indianretailer.com
  Woodside Burger Shop has introduced the ‘Grillmaster,’ a groundbreaking innovation poised to revolutionize the culinary landscape in Mumbai. The Grillmaster, a first-of-its-kind grilling appliance, offers a unique experience for burger enthusiasts, allowing them to grill their own burgers effortlessly with Woodside’s iconic flavors…
• Westside: Crafting Fashion Experiences Since 1998
  22 Nov 2023, indianretailer.com
  Incepted in 1998 Westside, a retail juggernaut has become synonymous with elegance, quality, and a shopping experience like no other. Shailina Parti, the Chief Operating Officer of Westside (Trent Ltd), has been an integral part of this journey, steering the brand to greater heights since its inception…
• McDonald’s India – North and East: A Tech-Driven Culinary Journey Redefining Dining with Innovation and Excellence
  22 Nov 2023, indianretailer.com
  In India, McDonald’s has established itself as more than just a fast-food chain. It is a story of innovation, customer-centricity, and unwavering commitment to deliver exceptional dining experiences…
• Over 75 pc of Consumer Product Organizations & Retailers Embrace Regional Sourcing Strategies for Stability
  22 Nov 2023, indianretailer.com
  Consumer Products and Retail (CPR) companies are strategically evolving their supply chain networks to overcome challenges in last-mile delivery, meet quick commerce expectations, and prevent stockouts during the hectic holiday season…
• D2C Brands Unveil New Collections for Seasonal Delights
  22 Nov 2023, indianretailer.com
  As the winter frost descends, safeguarding your skin becomes paramount. It’s not just about updating your wardrobe; your skincare routine demands attention too. In the face of biting winds and plummeting temperatures, your skin’s natural moisture is at risk, potentially leaving it parched and tight…
• China Bistro now Open in the heart of Mumbai, BKC
  22 Nov 2023, restaurant.indianretailer.com
  Nestled on the bustling high streets of BKC, around iconic landmarks like Trident Hotel and NMACC, it’s etched to captivate the corporate crowd with its multi-award-winning culinary offerings for business luncheons and post-work social gatherings…
• Mamagoto by Azure Hospitality Opens Its Latest Venue in Gurgaon
  22 Nov 2023, restaurant.indianretailer.com
  Mamagoto, a venture under Azure Hospitality has introduced its newest establishment at M3M International Centre Tower in Gurgaon…
• Benetton Unveils Premium Cashmere Collection, Redefining Winter Luxury
  22 Nov 2023, indianretailer.com
  Benetton, a global fashion leader, is pleased to introduce its latest creation to the fashion landscape – the Premium Cashmere Knitwear Collection. Crafted with meticulous care and precision, this exquisite range promises unmatched warmth, comfort, and style for fashion enthusiasts with discerning taste…
• APARNA CONSTRUCTIONS & ESTATES UNVEILS APARNA GREENSCAPES IN KOMPALLY
  21 Nov 2023, rprealtyplus.com
  Aparna Constructions and Estates Private Limited, a prominent real estate developer in South India, announces the launch of their ultra-luxury residential gated community project, Aparna Greenscapes situated in Kompally, Hyderabad…
• McCain Foods India MD Piyush Patnaik steps down within a year of joining
  21 Nov 2023, retail.economictimes.indiatimes.com
  The India unit of the Canadian foods maker has also seen half-a-dozen senior-level executives moving out of McCain India in the past six months or so, in functions such as human resources, finance, agriculture, supply chain, retail key accounts, legal and exports…
• Xiaomi Q3 net income jumps on cost savings, revenue rises
  21 Nov 2023, retail.economictimes.indiatimes.com
  Net income jumped by 183% from a year earlier to 6 billion yuan thanks to lower component costs and efficiencies across the business, compared to a consensus estimate of 4.6 billion yuan…
• Haldiram’s eyeing a 20-25 per cent jump in festive sales
  21 Nov 2023, retail.economictimes.indiatimes.com
  Talking to ETRetail, Avin Agarwal, director, Haldiram’s Nagpur said, “We are targeting about a 20 – 25 % increase compared to last year. Though it is a strong number, we expected a much higher number that got affected by the downfall.”..
• Global apparel conglomerate MAS Holdings keen to invest in Odisha
  21 Nov 2023, retail.economictimes.indiatimes.com
  During the discussion, the chief minister said that all possible support will be provided to the company for investment in Odisha…
• Zudio’s success spurs competition in value-fashion market
  21 Nov 2023, livemint.com
  Large retailers in India are intensifying their expansion in the value-fashion segment, as increasing disposable incomes and growing consumer aspirations in the nation’s smaller cities fuel demand for budget-friendly branded apparel and footwear…
• Banking on Gen Z-focused styles, Brand Studio Lifestyle registers 132% YoY sales growth
  21 Nov 2023, retail.economictimes.indiatimes.com
  Brand Studio Lifestyle (BLS) reported a 132% YoY growth in October, shipping 43 lakh pieces, primarily Gen Z-focused styles. The company added eight lakh new customers via online channels. Despite market slowdown, 65% of BLS’s revenue comes from Tier II and III cities, attributed to the growing demand for youth-centric fashion…
• AR and social media influence beauty and fashion purchases in India: Report
  21 Nov 2023, retail.economictimes.indiatimes.com
  As per the beauty report, there has been a significant shift in consumer preferences post pandemic with 68% of beauty buyers now favouring online purchases—a remarkable 15% increase from pre-Covid levels. The report mentions that 80% of surveyed shoppers discover beauty brands on social media with 92% finding them on Meta platforms, including 47% via Instagram Reels…
• Reliance Jio plans ‘cloud’ laptop in bid to reduce ownership costs
  21 Nov 2023, retail.economictimes.indiatimes.com
  A senior official at India’s telecom market leader told ET that the laptop will be a “dumb terminal” with all the storage and processing on the Jio cloud, which will help slash the cost of ownership from roughly ₹50,000 at present while allowing users to access all the services at a faster speed…
• HunyHuny Expands Offline Presence in Jaipur
  21 Nov 2023, indianretailer.com
  HunyHuny, a distinguished player in the realm of premium baby and maternity products, proudly announces its retail debut in Rajasthan with the inauguration of a new store in the Pink City at the Mall of Jaipur…
• Perona: Revolutionizing Fashion Retail with Sustainability and Tech-Driven Shopping
  21 Nov 2023, indianretailer.com
  Perona, the visionary fashion brand founded by Puneet Mangla, has redefined the retail landscape with its omnichannel strategy and commitment to sustainability. As the founder explains…
• myTrident Unveils “Road to Jaipur” Collection
  21 Nov 2023, indianretailer.com
  Committed to integrating the rich cultural tapestry of India into homes, myTrident has solidified its position as a leading luxury home décor brand in the country…
• Revlon Aims to Double Retail Biz, Eyes Aggressive Offline Expansion
  21 Nov 2023, indianretailer.com
  Revlon, the beauty and cosmetics brand operating in India through its local partner, Modi-Mundipharma Beauty Products, is set to double its business to Rs 400 crore in the current fiscal year. With plans to enhance its offline network, the company aims to increase the number of outlets from 300 to 600 and expand its presence from 1,000 to 4,000 department stores…
• Dabur Strategizes New Manufacturing Hub in South India Amid Surging Regional Biz
  21 Nov 2023, indianretailer.com
  Dabur, a leading FMCG and ayurvedic products manufacturer, is set to establish a new factory in South India within a year, driven by the significant growth of its business in the region…
• Arvino Unveils a Celebration of Femininity with Ethical Gemstone Jewelry
  21 Nov 2023, indianretailer.com
  In a noteworthy celebration of contemporary femininity, Arvino, the international jewelry brand, has introduced its latest collection tailored for the upcoming festive season…
• DS Group Expands Läderach’s Luxury Chocolates Online Operations in Mumbai
  21 Nov 2023, indianretailer.com
  The Dharampal Satyapal Group (DS Group), a prominent multi-business corporation and leading FMCG conglomerate, has strategically launched Läderach’s online operations in Mumbai, reinforcing Läderach India’s presence in the luxury retail sector and bringing the renowned Swiss chocolate brand closer to consumers…
• Transforming the Retail Industry & Shopping Experiences with Generative AI
  21 Nov 2023, irecwire.com
  The current enthusiasm over Generative AI got catalyzed by the significant advancement in content creation by the introduction of user-friendly interfaces like ChatGPT that have enabled users to effortlessly generate high-quality text, graphics, etc…
• Ishita Nigam Appointed as Corporate Marketing Manager at Pride Hotels Group
  21 Nov 2023, restaurant.indianretailer.com
  As the head of marketing at Pride Hotels Group, she’ll spearhead initiatives, crafting and implementing strategies that resonate with the company’s goals and enhance the brand’s presence across diverse platforms…
• Sourav Chowdhury Appointed as F&B Manager at Hilton Bangalore Embassy Golflinks
  21 Nov 2023, restaurant.indianretailer.com
  Hilton Bangalore Embassy Golflinks has introduced Sourav Chowdhury as the latest addition to our team, assuming the role of Food & Beverage Manager…
• Umapathy Amirtham Assumes GM Role at O by Tamara Coimbatore
  21 Nov 2023, restaurant.indianretailer.com
  Umapathy Amirtham joins O by Tamara Coimbatore as General Manager Operations, contributing 27 years of valuable hospitality experience to the Tamara Leisure Experiences brand…
• Levi’s Collabs with Barbie Ferreira for a Unique Capsule Collection Blending Artistic Expression and Fashion
  21 Nov 2023, indianretailer.com
  Barbie Ferreira, renowned for her acting prowess, creative influence, and style icon status, has joined forces with Levi’s, a brand synonymous with iconic denim since 1853. This enduring partnership has given rise to a distinctive capsule collection, featuring a recurring bunny doodle hand-drawn by artist Ben Evans, Barbie’s close friend and collaborator…
• Black White Orange Partners with Playboy for Strategic Merchandise Expansion in India
  21 Nov 2023, indianretailer.com
  Black White Orange (BWO) has formalized an agreement with Playboy Enterprises International, a part of PLBY Group, to strategically oversee the development and management of Playboy’s merchandise licensing and collaboration programs in India…
• Sports licensing: A game changer for Suditi Industries Ltd
  21 Nov 2023, indianretailer.com
  Suditi industries started off as a garment manufacturer but their journey took a turn after acquiring the license for the FIFA World Cup 2016. Now they have a bouquet of licenses that they manufacture for- NBA, NFL, MotoGP, ISL teams likes Odisha FC, FC Goa, Bangalore FC, Chennai Fc, IPL teams like Mumbai Indians, Kolkata Knight Riders, FC clubs like Manchester city, FC Barcelona, Arsenal and many more…
• OBEROI REALTY ACQUIRES 14.8 ACRE LAND IN NCR FOR LUXURY PROJECT
  20 Nov 2023, rprealtyplus.com
  Oberoi Realty Ltd has made its foray into National Capital Region with the acquisition of land admeasuring 14.8 acres in Sector 58, Gurugram, Haryana for ?597 crore, the company said in a regulatory filing…
• Apple looks to hit Rs 1 lakh crore production milestone in FY24
  20 Nov 2023, retail.economictimes.indiatimes.com
  In FY23, iPhone had become the first single brand to cross the $5-billion export mark from India. This year, Apple has registered a 185% year-on-year growth in exports in the first seven months. During April-October last year, it had exported Rs 14,000 crore worth of iPhones…
• Cola, chips, beer and flowers emerge winners on day of World Cup final
  20 Nov 2023, retail.economictimes.indiatimes.com
  Though the match result was disappointing for the fans with India ending on the losing side, it was a day of blockbuster sales for quick-service restaurants, pubs, bars and delivery platforms…
• Clicks to bricks: Why D2C brands are going offline
  20 Nov 2023, financialexpress.com
  Direct-to-consumer (D2C) brands, which were born on the internet and made a mark there, are now rapidly launching exclusive retail stores and selling through modern trade and neighbourhood stores…
• Annapurna Swadisht gears up for 50% CAGR over next 4-5 years
  20 Nov 2023, retail.economictimes.indiatimes.com
  Annapurna’s managing director, Shreeram Bagla, infused fresh talent into the company with the goal of reaching a topline of Rs 1,000 crore within 3-4 years from Rs 160 crore in FY’23. “In FY’24 itself, we are targeting to cross a topline of Rs 300 crore, up from Rs 160 crore in FY’23,” said GP Sah, joint managing director, in an interview with PTI…
• 20%-30% growth in mall sales this festive season
  20 Nov 2023, retail.economictimes.indiatimes.com
  At South City, which continues to be the largest retail destination in not just Kolkata but the entire eastern region, Durga Puja and Diwali have been good but not as spectacular as it had been last year. Footfall during the two-month festive period at the mall dipped from 45 lakh last year to around 40 lakh this year…
• Delhi: CM allows 83 more shops to operate 24×7
  20 Nov 2023, retail.economictimes.indiatimes.com
  The chief minister’s office (CMO) said shopowners must comply with the regulations outlined in the Delhi Shop Establishment Act, 1954. The government will monitor these shops to ensure compliance with the regulations and take action in case of violations…
• Festive sales get a premium push, World Cup boost
  20 Nov 2023, retail.economictimes.indiatimes.com
  The Indian festive season is more or less over. Inputs suggest that the festive season has closed on a sound note with sales comfortably surpassing last year’s numbers. Consumers loosened their purse strings for a range of items, including jewellery, furniture, mobile phones, air-conditioners, laptops, cars, apparel and even luxury handcrafted chocolates. Call it the added impact of the cricket World Cup, smartphones were a clear winner with huge consumer demand for premium range of phones…
• Furniture makers seek review of quality rules
  20 Nov 2023, retail.economictimes.indiatimes.com
  Industry, however, believes that the quality control order (QCO), which applies to imported and domestically produced beds and chairs, is putting excessive burden on them as they are tough to comply with. Companies such as IKEA and industry bodies have sought a relook at the standards, arguing that they should be aligned with international standards. They also want a phased implementation plan, instead of rolling them out in one shot…
• Walmart’s Global Profit Margins Decline Amidst Flipkart’s Impact on International Operations
  20 Nov 2023, indianretailer.com
  In its recent financial report, Walmart disclosed a 46 basis points decline in consolidated gross profit margins, attributing this to the inclusion of Flipkart in this year’s results…
• Mukta Arts Lights Up Saudi Screens in Strategic Partnership with Al-Othaim
  20 Nov 2023, indianretailer.com
  In a strategic move to fortify its presence in the Kingdom of Saudi Arabia’s burgeoning exhibition market, Mukta Arts Ltd., a prominent player with established retail cinema businesses in India and internationally, has entered into a collaboration with Al-Othaim Investment Company…
• Wooden Manufacturers Gear Up for the Festive Retail Rush
  20 Nov 2023, indianretailer.com
  With the glittering lights illuminating the streets, the captivating décor, and fairs and pandals at every nook and corner, the environment around us is vibrant and lively, clearly indicating that the festive season is around the corner. During this time, not only the consumers but even the brands gear up for the festive bonanza…
• APARNA ENTERPRISES LAUNCHES COMPANY-OWNED RETAIL STORE IN BENGALURU
  18 Nov 2023, rprealtyplus.com
  Aparna Enterprises Limited, India’s leading integrated home improvement and building material solution providers, launched its fifth UNISPACE, a company-owned retail store spread across 5,000 sq. ft., at Indira Nagar in Bengaluru…
• Restaurants, QSRs’ hiring appetite likely to grow in next 12 months
  18 Nov 2023, retail.economictimes.indiatimes.com
  Mamagoto plans to hire about 400 people in the next 12 months, with 20 new stores in the pipeline, while Wow! Momo and McDonald’s are set to add 1,200-1,500 people each in the next 12 to 15 months. Burger Singh is looking to open about 250 new stores and more than doubling its headcount to 2,500 people by the end of 2024-25…
• Small regional FMCG players make a comeback, grabbing shares from big companies
  18 Nov 2023, retail.economictimes.indiatimes.com
  Several listed FMCG companies, including HUL, Godrej Consumer Products Ltd (GCPL), Marico, Britannia, and Tata Consumer Products Ltd (TCPL), in the September quarter earning calls, mentioned the competition from small players, forcing them to go for price revision…
• Apparel companies upbeat on demand revival
  18 Nov 2023, retail.economictimes.indiatimes.com
  One of the largest apparel manufacturers Arvind’s chief strategy officer Samir Agarwal told analysts a fortnight back that the inventory correction cycle, which was playing out for the last 2-3 quarters, has tapered off and its customers have begun fresh buying discussions. “Although they are going to buy in small lots and closer to the actual demand, those discussions have resumed,” he said…
• Indian branded spice market set to reach Rs 50,000 crore in three years: Ramkumar Menon, Chairman, WSO
  18 Nov 2023, retail.economictimes.indiatimes.com
  World Spice Organisation Chairman, Ramkumar Menon, sees India’s branded spice market surging to Rs 50,000 crores in three years. With a 20% share in the global spice export market, valued at USD 21 billion, India’s spice exports grew by 6% in FY24. Chilli dominates global demand…
• D2C startup Happy Nature raises $3 lakh in pre-series A round
  18 Nov 2023, retail.economictimes.indiatimes.com
  Currently, Happy Nature operates across 12 cities and serves over 8,500 households. Going ahead, it aims to achieve an annual revenue of Rs 1,500 crore in next 5 years…
• Wakefit says its revenue jumped 35% during festive season
  18 Nov 2023, retail.economictimes.indiatimes.com
  We are thrilled to announce that our festive sale this year has surpassed expectations, reflecting a robust 35% increase in revenue compared to last year. This achievement is a testament to the trust and enthusiasm of our customers,” said Ankit Garg, CEO and co-founder, Wakefit…
• Smartphone shipments rise up to 8% during festive season
  18 Nov 2023, retail.economictimes.indiatimes.com
  The season also saw a shift in fortunes for general trade, which boosted its market share to 35-40% from about 32% the year before, while online channels remained flat. That said, analysts continue to predict a 1-2% on-year annual decline in shipments in 2023 despite the notable surge in sales during the festive season…
• 33 million packs of eye makeup sold in past ten months: Kantar Cosmetic Panel report
  18 Nov 2023, thehindubusinessline.com
  Indian consumers are increasingly buying beauty products online. According to Kantar’s cosmetic panel findings nearly 40 per cent of cosmetic shoppers purchase online but only 7 per cent shop online exclusively…
• How FMCG companies are smartening up with artificial intelligence
  18 Nov 2023, retail.economictimes.indiatimes.com
  FMCG firms are using AI for product innovation and consumer insights. Adoption spans the entire value chain, optimizing raw material sourcing, production, sales, pricing, and distribution through digitalisation. AI’s prowess in identifying data patterns empowers companies to foresee trends, ensuring a competitive edge…
• Online seafood platform Jalongi Retail enters Bengaluru market with its omnichannel model
  18 Nov 2023, retail.economictimes.indiatimes.com
  Jalongi Retail further plans to open its second Brand Hub at Indiranagar, Bengaluru in December 2023.​ Dippankar Halder, founder of the company said, “We are consolidating our business with Brand Hubs, a successful omnichannel model that has helped us to strengthen the brand-consumer interaction, faster delivery, trust and has a higher marketing ROI”…
• Mukta A2 Cinemas to operate theatres in Saudi Arabia
  18 Nov 2023, retail.economictimes.indiatimes.com
  Rahul Puri, managing director at Mukta Arts said, “Strategically positioned within Saudi Arabia, the key focal points for expansion lie in the burgeoning tier 2 and 3 cities, which are experiencing dynamic growth as part of the Vision 2030 initiative. Mukta, while not currently engaged in direct investment, has strategically positioned itself through contractual agreements solely focused on providing Management and Operations services, aligning seamlessly with the evolving landscape of these emerging markets.”…
• Britain’s Ocado secures first deal beyond grocery retail
  18 Nov 2023, retail.economictimes.indiatimes.com
  The online supermarket and technology group said there was huge potential for expansion beyond grocery, one of the most complex supply chains that has given it expertise to apply to other sectors. Shares in Ocado closed up 5.6% on Wednesday, paring losses over the last year to 22.6%…
• Target forecasts strong holiday-quarter profit on lower inventory levels, supply-chain costs
  18 Nov 2023, retail.economictimes.indiatimes.com
  The Minneapolis-based retailer said the forecast follows a third quarter in which margins improved, helped by fewer discounts, a 14% reduction in inventories and related costs, and lower freight, supply-chain and delivery expenses. Seasonal merchandise for events such as back-to-school and Halloween outperformed other parts of its business, it added…
• Retail sales slip in October as consumers pull back after summer splurges
  18 Nov 2023, retail.economictimes.indiatimes.com
  The figures reflect a slowdown in consumers’ willingness to spend after a blowout summer. Consumer spending jumped in the July-September quarter, but economists forecast it will slow in the final three months of the year, as credit card debt – and delinquencies – rise and average savings fall. “The October retail sales report was stronger than expectations, but confirmed a slowdown in consumption,” Ellen Zentner, chief U.S. economist at Morgan Stanley, wrote in a note to clients…
• Charting the course for luxury fashion retail: Insights on India’s promising future
  18 Nov 2023, retail.economictimes.indiatimes.com
  Gain valuable industry perspectives as Vipul Bathwal, CEO, Aza Fashions and Drew Mossbarger, VP of Product and Engineering, Visenze share insights into the promising future of luxury fashion retail in India, offering a roadmap for success in this dynamic market…
• Samsonite Unveils “Destination Samsonite: Voyage Through Time” Exhibition in Singapore
  18 Nov 2023, indianretailer.com
  Samsonite, the globally acclaimed luggage brand with a remarkable 113-year legacy of quality and innovation, recently inaugurated the “Destination Samsonite: Voyage Through Time” exhibition in Singapore…
• Tata Tea Agni Leaf Unveils Unique Chhath Festive Campaign
  18 Nov 2023, indianretailer.com
  Tata Tea Agni Leaf, a prominent tea brand, has launched a distinctive Chhath Festive Campaign, paying tribute to the cultural richness of Bihar and Jharkhand…
• How to Launch a Successful Fashion Brand in 2023 and Beyond
  18 Nov 2023, indianretailer.com
  The fashion industry, ever-evolving and dynamic, offers a multitude of opportunities for emerging fashion brands. While the journey to establishing a successful fashion brand is multifaceted, 2023 presents unique challenges and opportunities in a post-pandemic world…
• Campus Activewear Achieves Milestone with 250 Stores Nationwide
  18 Nov 2023, indianretailer.com
  Campus Activewear, a prominent player in India’s sports and athleisure footwear market, proudly announces the establishment of its 250th store, marking a significant stride in its expansion journey. Since 2017, the brand has undergone exponential growth, transitioning from 35 to over 250 stores across the country…
• Happy Nature Secures $300,000 in Pre-Series A Funding Led by Inflection Point Ventures
  18 Nov 2023, indianretailer.com
  Happy Nature, a direct-to-consumer (D2C) brand specializing in farm-fresh milk, dairy, and breakfast essential products, has successfully raised $300,000 in a pre-series A funding round led by Inflection Point Ventures (IPV). This funding marks a significant milestone for the rapidly growing startup in the Milk, Dairy Products, and Breakfast Essential industry…
• Modicare Unveils Hemp Lab Skincare Range
  18 Nov 2023, indianretailer.com
  Modicare introduced its Hemp Lab range, featuring a meticulously crafted five-step skincare regime: Repair & Balancing Foaming Face Wash, Repair & Balancing Face Scrub, Repair and Balancing Milk Serum, Repair & Balancing Face Oil, and Repair and Balancing Face Moisturizer…
• Mamaearth Redefines Beauty Retail with Seamless In-Store & Online Integration for Personalized Shopping Experiences
  18 Nov 2023, indianretailer.com
  Mamaearth currently operates 85 stores, primarily in metros and Tier I markets in India, and all are company-owned stores. The brand understands the importance of integrating its in-store purchasing experience with its online buying options to provide a holistic and personalized shopping experience…
• SSBeauty Elevating India’s Beauty Retail Landscape
  18 Nov 2023, indianretailer.com
  Biju Kassim, Customer Care Associate, and CEO, Beauty at Shoppers Stop highlights the remarkable growth of the beauty retail business in the Indian market. He attributes this growth to the entry of young consumers, the influence of social media, international trends, and the increasing popularity of e-commerce…
• Anthm Redefines Culinary Luxury in Hyderabad
  18 Nov 2023, restaurant.indianretailer.com
  With a start in Hyderabad, they plan to take the Anthm concept and experience to several other cities in the next 12 months…
• Greater Than Gin Launches Coffee Infused ‘No Sleep’ Gin in Goa and Abroad
  18 Nov 2023, restaurant.indianretailer.com
  Greater Than Gin is reintroducing its second limited-edition coffee-infused gin, “No Sleep,” exclusively in Goa and for export markets…
• Subway® Names Jeff Shepherd as Chief Financial Officer
  18 Nov 2023, restaurant.indianretailer.com
  Shepherd will report directly to Chief Executive Officer (CEO) John Chidsey and oversee Subway’s global finance organization, responsible for managing and optimizing the brand’s global financial performance and information security…
• Mutuswami and Rasoi Kitchen Unveiled at Ramee Techome, Khar
  18 Nov 2023, restaurant.indianretailer.com
  The menu is influenced by South Indian flavors, offers Steam Idli, Medu Vada, Paper Dosa, Masala Dosa, Mysore Dosa, alongside specialties like Mutuswami Pav Bhaji, Misal Pav, Masala Pav, and the classic Filter Coffee…
• APARNA ENTERPRISES LAUNCHES COMPANY-OWNED RETAIL STORE IN BENGALURU
  17 Nov 2023, realty.economictimes.indiatimes.com
  Aparna Enterprises Limited, India’s leading integrated home improvement and building material solution providers, launched its fifth UNISPACE, a company-owned retail store spread across 5,000 sq. ft., at Indira Nagar in Bengaluru…
• Restaurants, QSRs’ hiring appetite likely to grow in next 12 months
  17 Nov 2023, retail.economictimes.indiatimes.com
  Mamagoto plans to hire about 400 people in the next 12 months, with 20 new stores in the pipeline, while Wow! Momo and McDonald’s are set to add 1,200-1,500 people each in the next 12 to 15 months. Burger Singh is looking to open about 250 new stores and more than doubling its headcount to 2,500 people by the end of 2024-25…
• Small regional FMCG players make a comeback, grabbing shares from big companies
  17 Nov 2023, retail.economictimes.indiatimes.com
  Several listed FMCG companies, including HUL, Godrej Consumer Products Ltd (GCPL), Marico, Britannia, and Tata Consumer Products Ltd (TCPL), in the September quarter earning calls, mentioned the competition from small players, forcing them to go for price revision…
• Apparel companies upbeat on demand revival
  17 Nov 2023, realty.economictimes.indiatimes.com
  One of the largest apparel manufacturers Arvind’s chief strategy officer Samir Agarwal told analysts a fortnight back that the inventory correction cycle, which was playing out for the last 2-3 quarters, has tapered off and its customers have begun fresh buying discussions. “Although they are going to buy in small lots and closer to the actual demand, those discussions have resumed,” he said…
• Indian branded spice market set to reach Rs 50,000 crore in three years: Ramkumar Menon, Chairman, WSO
  17 Nov 2023, retail.economictimes.indiatimes.com
  World Spice Organisation Chairman, Ramkumar Menon, sees India’s branded spice market surging to Rs 50,000 crores in three years. With a 20% share in the global spice export market, valued at USD 21 billion, India’s spice exports grew by 6% in FY24. Chilli dominates global demand…
• D2C startup Happy Nature raises $3 lakh in pre-series A round
  17 Nov 2023, realty.economictimes.indiatimes.com
  Currently, Happy Nature operates across 12 cities and serves over 8,500 households. Going ahead, it aims to achieve an annual revenue of Rs 1,500 crore in next 5 years…
• Wakefit says its revenue jumped 35% during festive season
  17 Nov 2023, retail.economictimes.indiatimes.com
  “We are thrilled to announce that our festive sale this year has surpassed expectations, reflecting a robust 35% increase in revenue compared to last year. This achievement is a testament to the trust and enthusiasm of our customers,” said Ankit Garg, CEO and co-founder, Wakefit…
• Smartphone shipments rise up to 8% during festive season
  17 Nov 2023, retail.economictimes.indiatimes.com
  The season also saw a shift in fortunes for general trade, which boosted its market share to 35-40% from about 32% the year before, while online channels remained flat. That said, analysts continue to predict a 1-2% on-year annual decline in shipments in 2023 despite the notable surge in sales during the festive season…
• 33 million packs of eye makeup sold in past ten months: Kantar Cosmetic Panel report
  17 Nov 2023, thehindubusinessline.com
  Indian consumers are increasingly buying beauty products online. According to Kantar’s cosmetic panel findings nearly 40 per cent of cosmetic shoppers purchase online but only 7 per cent shop online exclusively…
• How FMCG companies are smartening up with artificial intelligence
  17 Nov 2023, retail.economictimes.indiatimes.com
  FMCG firms are using AI for product innovation and consumer insights. Adoption spans the entire value chain, optimizing raw material sourcing, production, sales, pricing, and distribution through digitalisation. AI’s prowess in identifying data patterns empowers companies to foresee trends, ensuring a competitive edge…
• Online seafood platform Jalongi Retail enters Bengaluru market with its omnichannel model
  17 Nov 2023, retail.economictimes.indiatimes.com
  Jalongi Retail further plans to open its second Brand Hub at Indiranagar, Bengaluru in December 2023.​ Dippankar Halder, founder of the company said, “We are consolidating our business with Brand Hubs, a successful omnichannel model that has helped us to strengthen the brand-consumer interaction, faster delivery, trust and has a higher marketing ROI.”…
• Mukta A2 Cinemas to operate theatres in Saudi Arabia
  17 Nov 2023, retail.economictimes.indiatimes.com
  Rahul Puri, managing director at Mukta Arts said, “Strategically positioned within Saudi Arabia, the key focal points for expansion lie in the burgeoning tier 2 and 3 cities, which are experiencing dynamic growth as part of the Vision 2030 initiative. Mukta, while not currently engaged in direct investment, has strategically positioned itself through contractual agreements solely focused on providing Management and Operations services, aligning seamlessly with the evolving landscape of these emerging markets.”…
• Britain’s Ocado secures first deal beyond grocery retail
  17 Nov 2023, retail.economictimes.indiatimes.com
  The online supermarket and technology group said there was huge potential for expansion beyond grocery, one of the most complex supply chains that has given it expertise to apply to other sectors. Shares in Ocado closed up 5.6% on Wednesday, paring losses over the last year to 22.6%…
• Target forecasts strong holiday-quarter profit on lower inventory levels, supply-chain costs
  17 Nov 2023, retail.economictimes.indiatimes.com
  The Minneapolis-based retailer said the forecast follows a third quarter in which margins improved, helped by fewer discounts, a 14% reduction in inventories and related costs, and lower freight, supply-chain and delivery expenses. Seasonal merchandise for events such as back-to-school and Halloween outperformed other parts of its business, it added…
• Retail sales slip in October as consumers pull back after summer splurges
  17 Nov 2023, retail.economictimes.indiatimes.com
  The figures reflect a slowdown in consumers’ willingness to spend after a blowout summer. Consumer spending jumped in the July-September quarter, but economists forecast it will slow in the final three months of the year, as credit card debt – and delinquencies – rise and average savings fall. “The October retail sales report was stronger than expectations, but confirmed a slowdown in consumption,” Ellen Zentner, chief U.S. economist at Morgan Stanley, wrote in a note to clients…
• Charting the course for luxury fashion retail: Insights on India’s promising future
  17 Nov 2023, retail.economictimes.indiatimes.com
  Gain valuable industry perspectives as Vipul Bathwal, CEO, Aza Fashions and Drew Mossbarger, VP of Product and Engineering, Visenze share insights into the promising future of luxury fashion retail in India, offering a roadmap for success in this dynamic market…
• Samsonite Unveils “Destination Samsonite: Voyage Through Time” Exhibition in Singapore
  17 Nov 2023, indianretailer.com
  Samsonite, the globally acclaimed luggage brand with a remarkable 113-year legacy of quality and innovation, recently inaugurated the “Destination Samsonite: Voyage Through Time” exhibition in Singapore…
• Tata Tea Agni Leaf Unveils Unique Chhath Festive Campaign
  17 Nov 2023, indianretailer.com
  Tata Tea Agni Leaf, a prominent tea brand, has launched a distinctive Chhath Festive Campaign, paying tribute to the cultural richness of Bihar and Jharkhand. The campaign features special festive packs inspired by the world-renowned Madhubani art, a cherished form of expression in Bihar…
• How to Launch a Successful Fashion Brand in 2023 and Beyond
  17 Nov 2023, indianretailer.com
  The fashion industry, ever-evolving and dynamic, offers a multitude of opportunities for emerging fashion brands. While the journey to establishing a successful fashion brand is multifaceted, 2023 presents unique challenges and opportunities in a post-pandemic world…
• Campus Activewear Achieves Milestone with 250 Stores Nationwide
  17 Nov 2023, indianretailer.com
  Campus Activewear, a prominent player in India’s sports and athleisure footwear market, proudly announces the establishment of its 250th store, marking a significant stride in its expansion journey…
• Happy Nature Secures $300,000 in Pre-Series A Funding Led by Inflection Point Ventures
  17 Nov 2023, indianretailer.com
  Happy Nature, a direct-to-consumer (D2C) brand specializing in farm-fresh milk, dairy, and breakfast essential products, has successfully raised $300,000 in a pre-series A funding round led by Inflection Point Ventures (IPV)…
• Modicare Unveils Hemp Lab Skincare Range
  17 Nov 2023, indianretailer.com
  Modicare introduced its Hemp Lab range, featuring a meticulously crafted five-step skincare regime: Repair & Balancing Foaming Face Wash, Repair & Balancing Face Scrub, Repair and Balancing Milk Serum, Repair & Balancing Face Oil, and Repair and Balancing Face Moisturizer…
• Mamaearth Redefines Beauty Retail with Seamless In-Store & Online Integration for Personalized Shopping Experiences
  17 Nov 2023, indianretailer.com
  Mamaearth currently operates 85 stores, primarily in metros and Tier I markets in India, and all are company-owned stores. The brand understands the importance of integrating its in-store purchasing experience with its online buying options to provide a holistic and personalized shopping experience…
• SSBeauty Elevating India’s Beauty Retail Landscape
  17 Nov 2023, indianretailer.com
  Biju Kassim, Customer Care Associate & President Beauty, Shoppers Stop highlights the remarkable growth of the beauty retail business in the Indian market. He attributes this growth to the entry of young consumers, the influence of social media, international trends, and the increasing popularity of e-commerce…
• Anthm Redefines Culinary Luxury in Hyderabad
  17 Nov 2023, restaurant.indianretailer.com
  Anthm – luxury bar & lounge, the epitome of culinary luxury, launches today offering an unparalleled dining experience, fusing innovative gastronomy with opulent surroundings to create a haven for culinary connoisseurs. ..
• Greater Than Gin Launches Coffee Infused ‘No Sleep’ Gin in Goa and Abroad
  17 Nov 2023, restaurant.indianretailer.com
  Greater Than Gin is reintroducing its second limited-edition coffee-infused gin, “No Sleep,” exclusively in Goa and for export markets…
• Subway® Names Jeff Shepherd as Chief Financial Officer
  17 Nov 2023, restaurant.indianretailer.com
  Shepherd will report directly to Chief Executive Officer (CEO) John Chidsey and oversee Subway’s global finance organization, responsible for managing and optimizing the brand’s global financial performance and information security…
• Mutuswami and Rasoi Kitchen Unveiled at Ramee Techome, Khar
  17 Nov 2023, realty.economictimes.indiatimes.com
  The menu is influenced by South Indian flavors, offers Steam Idli, Medu Vada, Paper Dosa, Masala Dosa, Mysore Dosa, alongside specialties like Mutuswami Pav Bhaji, Misal Pav, Masala Pav, and the classic Filter Coffee…
• Credai wants CAQM to lift construction ban in NCR
  16 Nov 2023, realty.economictimes.indiatimes.com
  Manoj Gaur, the president of the real estate developers’ body, highlighted that for three days after Diwali air quality in NCR was below 400 (very poor). Since Monday, the AQIs in Noida, Greater Noida and Ghaziabad were between 320 and 375…
• FMCG giants feel the pinch as regional players’ reach widens
  16 Nov 2023, retail.economictimes.indiatimes.com
  In a notable shift, local and regional firms have made significant inroads, reaching up to 31% more households in key segments like biscuits, soap, washing powder, and detergent during the September quarter. This trend has caught the attention of chief executives at major consumer goods companies, who are now acknowledging the resurgence of smaller brands and its consequential impact on their sales growth..
• Starbucks to brew a mix of expansion, affordability to compete with rivals
  16 Nov 2023, retail.economictimes.indiatimes.com
  Starbucks, the world’s largest coffee retailer operating in India through Tata Consumer Products, is strategically shifting its focus towards rapid expansion and enhanced affordability. In a market where at least half-a-dozen new players are intensifying competition in the coffee cafe chain segment, Sunil D’ Souza, Managing Director of Tata Consumer Products, sheds light on Starbucks’ approach to navigate the dynamic landscape..
• 1mg overtakes PharmEasy in market share in top order change
  16 Nov 2023, retail.economictimes.indiatimes.com
  Tata 1mg had a 31% market share in September 2023 against 19% in October 2022 while PharmEasy slipped to 15% from about 33% during the same period, according to a data analysis by third-party internet market research firm Redseer, which ET has seen…
• Agritech DeHaat acquires Freshtrop Fruits’ export business for $9 million
  16 Nov 2023, retail.economictimes.indiatimes.com
  Dehaat, which commands the highest valuation in the agritech space at over $700 million, has more than 12,000 franchise offline centres and 100 nodes, spread over 120 districts across northern India. It has 2.1 million active farmers purchasing seeds, fertiliser and pesticides, as well as availing financing and insurance related services…
• Ninjacart consolidates its operations into a bigger campus
  16 Nov 2023, retail.economictimes.indiatimes.com
  Established in 2015, Ninjacart has raised $377 million (about Rs 3,100 crore) from investors such as Tiger Global Management LLC, Accel and Infosys co-founder Nandan Nilekani. In its latest funding round, it secured about $145 million (Rs 1,200 crore) from Flipkart and Walmart, reaching a valuation of $815 million (Rs 6,780 crore). Flexible office spaces continue to gain ground with occupiers as they focus on building operational efficiencies through a distributed work model…
• IMAX sets sights on record-breaking revenue in India
  16 Nov 2023, livemint.com
  New Delhi: IMAX, the large-format immersive cinematic experience, has exceeded its 2022 success in India, already boasting revenues surpassing $20 million (around ₹ 166 crore) this year. Blockbusters like Pathaan, Oppenheimer, and Jawan have contributed to these figures, accompanied by an expanded screen count, despite a few local titles, including Ponniyin Selvan: 2, falling short of expectations. In 2022, the company had earned $18.8 million from the Indian box office. “…
• Smartwatch sales rise in Q2
  16 Nov 2023, livemint.com
  India’s smartwatch market, which has been on a steady growth trajectory, saw shipments rise by over 32% sequentially in the September quarter. Growth in the sector was driven by homegrown brands focusing on offline retail, which saw a 58% rise in overall sales in this segment—as per a report published Wednesday by market researcher, International Data Corporation (IDC) India…
• DIY retailer Kingfisher launches AI-powered customer assistant
  16 Nov 2023, retail.economictimes.indiatimes.com
  Kingfisher said the virtual assistant, which can operate in multiple languages, is initially launching on the website and app of its Castorama France unit. If it proves successful, it will be rolled out to its other businesses which include B&Q and Screwfix in Britain and Brico Depot in France…
• JLL report: Brand expansion and trust driving India’s retail growth
  16 Nov 2023, constructionweekonline.in
  Retail space leasing is currently experiencing a notable surge driven by positive sentiments and promising trends. With a robust supply pipeline, the influx of international brands in various categories, and the upcoming festive season, the retail sector is buoyant…
• The Montana Group Expands Business Horizons with Lifestyle Store in Noida
  16 Nov 2023, indianretailer.com
  The Montana Group announced its entry into the lifestyle retail sector with the inauguration of its flagship store, Brands Unlimited, in Noida, India…
• Maison Sia Elevates Luxury Home Decor Retail with Grand Opening in Hyderabad
  16 Nov 2023, indianretailer.com
  Maison Sia, synonymous with opulence in home decor, proudly inaugurates its newest store in the heart of Hyderabad, marking a strategic move towards ushering in a new era of luxury in the city. Committed to infusing homes with the essence of luxury living, Maison Sia aims to redefine residences into exquisite sanctuaries of style…
• Snitch Expands Retail Presence, Eyes Offline Stores in Tier-II and III Cities
  16 Nov 2023, indianretailer.com
  Men’s fashion brand Snitch is set to broaden its footprint in small cities and towns, with plans to open 7-8 offline stores in locations like Surat, Mumbai, and Pune in the current financial year. Snitch, known for its strong presence in Tier-I and -II cities, aims to deepen its reach into Tier-III and -IV regions as part of its strategic expansion…
• Patanjali Foods Reports Significant Profit Surge; Enlists M S Dhoni as Brand Ambassador
  16 Nov 2023, indianretailer.com
  Patanjali Foods Ltd, a major player in the Indian retail sector, has witnessed a remarkable over two-fold increase in net profit, reaching Rs 254.53 crore in the second quarter of this fiscal year…
• Tritiyaa Fine Jewellery Unveils Exclusive Collection Worn by Parineeti Chopra at Dreamy Wedding
  16 Nov 2023, indianretailer.com
  Tritiyaa Fine Jewellery, the premium modern jewellery boutique, has showcased a distinctive and innovative jewellery collection that has captured the hearts of jewellery connoisseurs in India’s retail landscape…
• Britannia Delivers Strong Q3 Performance with Rs 4,370 cr in Sales
  16 Nov 2023, indianretailer.com
  Britannia has reported consolidated sales of Rs 4,370 crore for the quarter ending September 30, 2023, showcasing a 1 percent growth over the previous year and an impressive 23 percent growth over the past 24 months…
• Soch Surpasses 150 Stores Milestone, Achieves Rs 400 cr Topline Revenue
  16 Nov 2023, retail.economictimes.indiatimes.com
  Soch crossed the 150 stores mark in August 2022, further solidifying its Pan-India presence. The brand is now across 60+ cities, all prominent marketplaces and its e-commerce site servicing over 30,000 pin codes…
• The Body Shop Sets a Global Standard for Ethical Beauty
  16 Nov 2023, indianretailer.com
  The Body Shop, a globally recognized ethical cosmetics company, has taken a significant step towards sustainability by launching its flagship sustainable ACTIVIST WORKSHOP store in New Delhi…
• Diam Beauty Redefines Indian Beauty Standards
  16 Nov 2023, indianretailer.com
  Diam Beauty distinguishes itself not by following trends but by charting its course, rooted in inclusivity and the delivery of top-tier products to our valued customers in the vibrant Indian retail landscape…
• Punjab Grill Expands Its Culinary Presence with its New Outlet in Defence Colony
  16 Nov 2023, restaurant.indianretailer.com
  With its innovative mix of contemporary aesthetics and the heart-warming embrace of traditional Punjabi culture, this restaurant offers an exceptional culinary experience…
• 4 Key Delivery Trends to Watch out in 2024
  16 Nov 2023, restaurant.indianretailer.com
  We use AI-driven robotics and technology to maintain consistency because when we expand, the pizza has to be same, the sauce has to be same, the cheese & topping has to be same quantity and the quality has to be maintained…
• Bata India Secures Licensing and Manufacturing Deal for Nine West Lifestyle Brand
  16 Nov 2023, indianretailer.com
  Bata India disclosed to the stock exchanges that its Board of Directors has greenlit a licensing and manufacturing agreement with Authentic Brands Group for the esteemed lifestyle brand Nine West…
• Monster Jam Announces Strategic Partnership with JCB as Official Heavy Equipment Partner
  16 Nov 2023, indianretailer.com
  Monster Jam has recently revealed a significant multiyear collaboration with JCB, a renowned manufacturer of construction and agricultural equipment. This alliance solidifies JCB’s position as the official heavy equipment partner of Monster Jam…
• BROOKFIELD PROPERTIES 13 ASSETS RECEIVED FIVE-STAR RATINGS IN OHS
  15 Nov 2023, rprealtyplus.com
  Brookfield Properties, a leading global developer and operator of high-quality real estate assets, is pleased to announce that 13 of its properties across India in six cities, which received five-star ratings in occupational health and safety audit…
• SIGNATURE GLOBAL ACQUIRES 25.14 ACRES PRIME LAND ON SPR
  15 Nov 2023, rprealtyplus.com
  Signature Global, amongst the leading real estate development companies in India, has set a stage for its growth trajectory with new group housing projects in Gurugram at prime locations such as Dwarka Expressway and Southern Peripheral road with an estimated sales potential…
• VEENA DEVELOPERS PLANS LUXURY HOMES & RETAIL PROJECTS IN MUMBAI
  15 Nov 2023, rprealtyplus.com
  Veena Developers, a real estate developer in suburban Mumbai, plans to launch three luxury and retail projects in Kandivali, Borivali, and Andheri with a sale area of 1.4 million square feet and a revenue potential of Rs 3,500 crore…
• Ansal Buildwell posts net profit of Rs 6.62 crore in Q2 FY24
  15 Nov 2023, realty.economictimes.indiatimes.com
  Ansal Buildwell’s net consolidated total income stood at Rs 12.42 crore, a dip of 16.70 per cent from Rs 14.91 crore it recorded in the similar quarter last year…
• Good recovery in rural markets, hopeful to grow at par with urban in next 3-4 quarters: Dabur CEO
  15 Nov 2023, retail.economictimes.indiatimes.com
  FMCG major Dabur India is experiencing a “very good recovery” in rural markets and expects growth to match the urban market in the next 3-4 quarters. CEO Mohit Malhotra believes that the slow volume recovery is happening due to inflation and commodity price cooling, narrowing the difference between rural and urban growth rates…
• HUL to help kiranas compete with bigger players via ONDC
  15 Nov 2023, retail.economictimes.indiatimes.com
  The move is an extension of its internal ordering app Shikhar, which allows small neighbourhood stores to order directly from it. For HUL, the country’s biggest packaged consumer goods firm, the app now accounts for about a third of its sales from neighbourhood retailers. Last year, HUL became the first fast-moving consumer goods (FMCG) firm to join ONDC through its multi-brand direct-to-consumer platform, UShop…
• ETRetailCafe: Liberty Shoes’ Anupam Bansal on the transformation journey of the brand
  15 Nov 2023, retail.economictimes.indiatimes.com
  Anupam Bansal shares that the brand realized to give the best consumer experience, it needs to have control over the full retail network. He said, “We have been transforming all the franchise partner stores to give the best retail experience to our consumers.”..
• Diwali sees record trade of Rs 3.75 lakh crore: CAIT
  15 Nov 2023, retail.economictimes.indiatimes.com
  Retail markets across India saw a record trade of Rs 3.75 lakh crore during this festive season so far. CAIT Secretary General Praveen Khandelwal said Chinese goods lost a trade worth more than Rs 1 lakh crore during the Diwali festive season…
• Diwali magic: Online platforms get back their bang after muted start
  15 Nov 2023, retail.economictimes.indiatimes.com
  According to data from Unicommerce, which helps businesses sell online, order volumes for e-commerce grew about 37% during the festive season sale this year, compared to 2022. In terms of gross merchandise value (GMV), online retail registered a growth of 22%. Industry reports have estimated the festive month GMV to be around $10-11 billion…
• Garment industry sees lacklustre Diwali sales
  15 Nov 2023, retail.economictimes.indiatimes.com
  “Although we are not able to know the exact reason for the sluggish demand, we think that the people are not enthusiastic about buying new clothes as they are probably sufficiently stocked up,” Mehta said. “Or, the lure for buying new electronic items could be stronger than for buying new clothes.”..
• Tanishq sparkles as buyers snap up premium products
  15 Nov 2023, livemint.com
  Titan Co.’s jewellery division is witnessing a surge in demand for premium pieces, priced above ₹ 5 lakh, indicating a growing appetite for top-tier consumer goods. These high-end studded pieces now constitute 13% of its flagship jewellery brand Tanishq’s portfolio (excluding solitaires). The contribution was under 7% about five years ago, said a top company executive. Besides, Titan is also expanding its higher-end jewellery brand Zoya to keep up with the demand for luxury goods…
• Grasim Industries Q2 profit rises 34% to Rs 2,024 crore
  15 Nov 2023, retail.economictimes.indiatimes.com
  Grasim’s revenue from viscose-pulp, viscose staple fibre (VSF) and filament yarn segment was at Rs 3,888.88 crore in the quarter compared to Rs 3,903.14 crore in the corresponding quarter a year ago…
• Daikin to expand its manufacturing footprint in India
  15 Nov 2023, retail.economictimes.indiatimes.com
  ​​Daikin’s 75-acre factory, situated in Sri City, Andhra Pradesh, is positioned to cater to the increasing demand for air conditioning products manufactured in India, both domestically and internationally, the company said in a media release…
• Wings eyes 2-fold growth for wireless earbuds biz in FY24; bullish on smartwatches, laptop space
  15 Nov 2023, retail.economictimes.indiatimes.com
  Vijay Venkateswaran, Co-founder of Wings, the prominent consumer lifestyle tech brand, shared insights into the company’s expectations for the fiscal year 2024. According to Venkateswaran, Wings is poised for substantial growth, particularly in the wireless earbuds segment, where they anticipate a remarkable two-fold increase in business. Simultaneously, with the introduction of their new smartwatches, Wings aims to secure a noteworthy 1-2 per cent market share by the end of the fiscal year…
• Revlon to double business in current fiscal in India; to open 300 more outlets
  15 Nov 2023, retail.economictimes.indiatimes.com
  Revlon, the renowned beauty and cosmetics brand operating in India through its local partner Modi-Mundipharma Beauty Products, is set to double its business to Rs 400 crore in the current fiscal year. The company is actively planning to amplify its offline network by adding more stores, as revealed by Revlon Executive Director and Head of Revlon Indian Subcontinent, Meghna Modi, on Tuesday…
• Despite inflation, high gold prices jewellery retailers witness modest sales this Dhanteras
  15 Nov 2023, retail.economictimes.indiatimes.com
  Pre-Dhanteras, jewellers shared a cautiously optimistic sentiment for the festive sales. Last year, gold sales during Dhanteras rose 35 per cent…
• Coca-Cola cracks the most elusive market in India – the country’s hinterlands
  15 Nov 2023, retail.economictimes.indiatimes.com
  Despite inflation posing a challenge for companies, Bajoria acknowledges its reality and emphasizes the importance of devising the right pricing strategy. Coca-Cola India aims to ensure that its products are appropriately priced for different consumption occasions, with particular attention to key price points such as Rs 10, 20, and 50, which hold greater significance in rural regions…
• Montana Group forays into lifestyle retail sector
  15 Nov 2023, retail.economictimes.indiatimes.com
  “We are dedicated to providing our customers with a one-of-a-kind shopping experience, offering a diverse range of premium brands and products that cater to their evolving tastes and needs…we have a pipeline of 15 stores over the next 3 years with a capital investment outlay of Rs 100 crore plus,” said Monty Singh, Founder and Chairman of The Montana Group, as per the statement…
• Kalyan Jewellers India’s Q2 profit rises on strong domestic demand
  15 Nov 2023, retail.economictimes.indiatimes.com
  Its India operations, the biggest in terms of revenue contribution, saw revenue grow about 32%. Its Middle East operations saw a 5% jump in revenue as Eid holidays drove sales. “We are extremely excited with the way the festive quarter has progressed thus far,” said Ramesh Kalyanaraman, executive director, Kalyan Jewellers India…
• Prestige Group in discussions to develop malls in Goa and Mumbai
  15 Nov 2023, retail.economictimes.indiatimes.com
  “Majority of our upcoming malls are over one million sq ft as consumers are looking for every shop under one roof and retailers are also expanding the size of the store. We are confident in physical retail and the future plan is in line with the demand,” said Muhammad Ali, CEO, Forum Malls of Prestige Group. The company had sold two-thirds of its retail business to Blackstone-backed Nexus Malls but has now decided to renew its mall portfolio…
• Tilaknagar Industries to launch Mansion House Chambers Brandy in key southern markets
  15 Nov 2023, retail.economictimes.indiatimes.com
  In a strategic move, premium brandy manufacturer Tilaknagar Industries Ltd has outlined its intentions to introduce its upscale brand, Mansion House Chambers, in key southern markets. The company revealed this expansion initiative on Tuesday, emphasizing its commitment to broadening the reach of its premium offerings in the region…
• Brazil’s Natura sells The Body Shop to Aurelius in $254 million deal
  15 Nov 2023, financialexpress.com
  Natura said the agreement includes a potential earn-out of 90 million pounds, adding that both the sale price and the earn-out would be paid in up to five years after closing of the transaction. ..
• Pepperfry will turn profitable by end of FY24: CEO Shah
  15 Nov 2023, financialexpress.com
  Shah said that despite the entry of several other players in home furniture space, Pepperfry continues to be the largest omnichannel player in the in the country with a 30% market share…
• Deco Window eyes Rs 75 crore revenue in FY24
  15 Nov 2023, retail.economictimes.indiatimes.com
  In the previous fiscal year, Deco Window had reached a revenue of Rs 55 crore, it shared with ETRetail.​​​ Further, the brand said it has achieved a 2X growth rate since the pre-pandemic era, underscoring its resilience and adaptability in a rapidly evolving market…
• Bagline Expands Retail Presence with New Store in Bengaluru’s Phoenix Mall of Asia
  15 Nov 2023, indianretailer.com
  Bagline, the multi-brand bag retailer owned by Brand Concepts Ltd., has inaugurated its latest store in Bengaluru, situated at the recently-opened Phoenix Mall of Asia, Hebbal. Spanning 600 sq. ft. of retail space, this new outlet is a testament to Bagline’s commitment to delivering exceptional products and craftsmanship in the vibrant city of Bengaluru…
• Retail Trends to Watch in 2024 and Beyond
  15 Nov 2023, indianretailer.com
  As we stand on the precipice of 2024, the landscape of retail is poised for a radical shift, with unprecedented innovations and consumer behaviors shaping the industry’s trajectory…
• Empowering Ecommerce Success: Strategies and Technologies for Thriving Amid Uncertainty
  15 Nov 2023, indianretailer.com
  Inflation has drastically impacted consumers’ purchasing habits worldwide. About 62 percent of adults now shop primarily for discounts, and 69 percent have cut back on non-essential expenses…
• Festive Sale Volumes Up 37 pc Over Last Year
  15 Nov 2023, indianretailer.com
  e-commerce order volumes grew handsomely this festive season, increasing by approximately 37 percent during the festive season sale of 2023 as compared to the festive sale period in 2022. In addition to the substantial growth in order volumes, the Gross Merchandise Value (GMV) also saw an increase of 22 percent during the same festive period…
• Simpli Namdhari’s Embarks on a Sustainable Retail Revolution
  15 Nov 2023, indianretailer.com
  Simpli Namdhari’s presently has 10 world-class stores, strategically located in the cities of Bengaluru and Hyderabad. These stores are large-format experience centers, each bearing the hallmark of ‘residue-free’ and ‘safe for consumption’ groceries. Furthermore, the company has an extended footprint with 16 Namdhari’s Fresh stores in Bengaluru…
• Da Milano Sets the Pace in Retail Innovation
  15 Nov 2023, indianretailer.com
  Da Milano currently operates more than 60 company-owned stores in 17 cities in India and abroad, including showrooms at 23 airport stores in the country. The brand is on the cutting edge of retail innovation, continuously integrating technology into its stores to revolutionize operations…
• IGP Expands into the UAE Market with a $10 mn Investment and Ambitious Growth Plans
  15 Nov 2023, indianretailer.com
  IGP, the renowned international gift platform, is making a significant entry into the dynamic market of the United Arab Emirates (UAE). With a steadfast commitment to fostering connections and creating memorable moments, IGP is poised to revolutionize the gifting landscape in the region…
• Allied Blenders and Distillers Ltd Expands Distillery Capacity with Sustainable Practices
  15 Nov 2023, indianretailer.com
  Allied Blenders and Distillers Limited (ABD) proudly owns and operates its distillery situated in Rangapur, Telangana, where it produces Extra-Neutral Alcohol (ENA), a crucial raw material for alcohol beverage manufacturing…
• BrandsNext, a WayCool Venture, Expands into Specialty Rice Segment with KitchenJi
  15 Nov 2023, indianretailer.com
  In a strategic move, BrandsNext, a subsidiary of WayCool, has announced its entry into the specialty rice market by introducing an exclusive Biryani portfolio. Expanding its product offerings under the KitchenJi flagship brand, the company has unveiled two new…
• MiniKlub Unveils Elegant Occasion Wear Collection for Children This Festive Season
  15 Nov 2023, indianretailer.com
  With the festive spirit in full swing, MiniKlub, the distinguished baby and Kidswear brand, is pleased to introduce its latest line of occasion Wear for little ones…
• T.A.C CEO, Shreedha Singh, Invests in Shree Radhe Dairy Farms
  15 Nov 2023, indianretailer.com
  T.A.C, The Ayurveda Company, is pleased to announce that Shreedha Singh, CEO and Co-Founder, has made a substantial investment in Shree Radhe Dairy Farms, with a particular focus on their renowned brand, Vastu Ghee, facilitated through the groundbreaking show ‘Indian Angels.’..
• Shopsy by Flipkart Empowers Regional Retail During Big Diwali Sale
  15 Nov 2023, indianretailer.com
  Shopsy by Flipkart, a rapidly growing hyper-value e-commerce platform in India, recently concluded the inaugural edition of its festive shopping event – Big Diwali Sale from October 27 to October 29, and the second edition is currently underway until November 11, 2023…
• Clensta Unveils Innovative Eggstreme Range
  15 Nov 2023, indianretailer.com
  In the relentless battle against the adverse effects of pollution, heat, and chemical treatments on hair, personal care brand Clensta introduces a groundbreaking solution with its new Eggstreme range…
• Novotel Jaipur Convention Centre (NJCC) & JECC Appoints Manuj Ralhan as General Manager
  15 Nov 2023, restaurant.indianretailer.com
  He has put up a young, energetic and passionate team together in a very short span of time to create memorable experiences for guests of all segments and position Novotel Jaipur Convention Centre as the premier destination for events and accommodations…
• Bakingo to Expand its Dark Kitchen Biz, Raises $16 mn from Faering Capital
  15 Nov 2023, restaurant.indianretailer.com
  It is also planning to open exclusive brand stores for customers to experience the product. It would also invest in technology to enhance its production, supply chain, and forecasting capabilities…
• Maurizio Distefano Licensing Secures Licensing Deal for Tara Duncan with Edizioni Play Press
  15 Nov 2023, indianretailer.com
  Maurizio Distefano Licensing (MDL), responsible for licensing the children’s animated adventure-comedy-fantasy Tara Duncan in Italy, has recently announced a significant deal with publisher Edizioni Play Press…
• PacSun Unveils Formula 1 Collection for Las Vegas Grand Prix 2023
  15 Nov 2023, indianretailer.com
  PacSun maintains its Formula 1 fervor with the introduction of a new collection, including a race-inspired capsule, in anticipation of the Formula 1 Las Vegas Grand Prix 2023. The collection encompasses updated silhouettes and restocked iconic best-sellers…
• Annapurna Swadisht Limited Witnesses Financial Surge, Eyes Rural Retail Expansion
  15 Nov 2023, realty.economictimes.indiatimes.com
  Annapurna Swadisht Limited (ASL), a Kolkata-based food and beverage company, has reported a noteworthy near-100 percent surge in its revenue from operations, reaching Rs 131.13 crore for the half-year ending September 30, 2023, compared to Rs 65.61 crore in the same period last year…
• Coffee Day Enterprises Ltd Reports Q2 Loss of Rs 109.15 cr
  15 Nov 2023, realty.economictimes.indiatimes.com
  In the second quarter ending September 2023, Coffee Day Enterprises Ltd announced a consolidated net loss of Rs 109.15 crore due to exceptional items. A year ago, during the July-September period, it had reported a profit of Rs 4.35 crore, as stated in a regulatory filing by Coffee Day Enterprises Ltd (CDEL)…
• Anant Raj to raise up to Rs 500 crore
  13 Nov 2023, realty.economictimes.indiatimes.com
  Anant Raj had reported a 79 per cent increase in its consolidated net profit to Rs 60.37 crore during the quarter ended September 30, 2023. It had registered net profit of Rs 33.74 crore in the corresponding quarter of the previous fiscal…
• K RAHEJA CORP’S LAUNCHES #INCLUDEHER INITIATIVE WITH WOMEN-CENTRIC POLICIES
  13 Nov 2023, rprealtyplus.com
  K Raheja Corp, India’s leading Real Estate conglomerate, launches #IncludeHer, a set of progressive policies for its women-talent, with the intent of driving workplace equity…
• Liquor demand lower than anticipated in festive season runup
  13 Nov 2023, restaurant.indianretailer.com
  The spirits market in India expanded 10% during the first half of the calendar year, the only discretionary category to retain strong growth momentum as consumers cut back on other lifestyle segments such as apparel and electronics. The December quarter is generally a peak period for spirits due to weddings, festivals and winter months…
• Star shine hard to come by for jewellery brands as celebs jack up endorsement charges, put stringent conditions
  13 Nov 2023, retail.economictimes.indiatimes.com
  A senior executive of a prominent jewellery brand, asking not to be identified, said the asking price of big stars is roughly around ?8 crore a day. “It’s becoming unviable for the business. Even at this hefty price, they are reluctant to give more than three days in a year to the brand they are endorsing, won’t change costumes more than two times on the day of shooting, and won’t work more than eight hours on that day including traffic time.”..
• Healthy Bite: Dark Chocolate to be the fastest growing segment in India
  13 Nov 2023, retail.economictimes.indiatimes.com
  A number of local brands now produce high-quality dark chocolate because it is what consumers want — especially in a post-pandemic world where health dominates people’s minds. California-based Dr Bharat Rakshak DDS, MDS, says high-quality dark can provide antioxidants, improve heart health, and potentially boost mood due to compounds like flavonoids and theobromine…
• India Inc on gifting spree to lift staff’s festive spirits
  13 Nov 2023, retail.economictimes.indiatimes.com
  Cola maker PepsiCo India is including family members of employees in festive celebrations, and this year organised a family day across India with activities for children and adults, while edtech firm Upgrad is curating special gift boxes for employees.Fintech startup Simpl is using the occasion of Diwali to promote sustainable living among its workforce, gifting them healthy snackable options, meditation kits and a virtual assistant (Amazon Echo)…
• Diwali Special: Consumer Durable firms eye 30-40% sales surge during festive season; premium products to drive growth
  13 Nov 2023, financialexpress.com
  With the ongoing festive season, consumer durable companies are anticipating growth in double-digits, between 30-40 per cent this year. “With the expected rise in demand for consumer appliances, we are committed to providing products that enhance convenience, efficiency,…
• Citykart Expands Retail Presence Across India with 10 New Stores
  13 Nov 2023, indianretailer.com
  Citykart, a prominent value retailer focusing on family fashion in tier-II and tier-III cities in India, is undergoing a strategic expansion initiative…
• Isak Unveils its First Store in Gomtinagar, Lucknow
  13 Nov 2023, indianretailer.com
  Isak, the distinguished fragrance house dedicated to crafting unparalleled niche Indian artisanal fragrances, inaugurated its inaugural store in Gomtinagar, Lucknow this week, perfectly aligning with the onset of the festive season—an ideal time for thoughtful gifting and indulgence…
• Gargi by PNGS Expands Horizons: Unveils Second Group-Owned Store in Pune
  13 Nov 2023, indianretailer.com
  Gargi by P N Gadgil and Sons (PNGS) continues its growth with the inauguration of its second group-owned store in Pune’s Wakad area. This expansion reflects the brand’s commitment to delivering exceptional shopping experiences and a diverse range of high-quality fashion jewellery, including brass, 92.5 sterling silver, and their recently introduced diamond collection…
• Sagarika Ghatge Unveils Akutee
  13 Nov 2023, indianretailer.com
  oday, at Four Seasons Hotel Mumbai’s members club Modernist, Sagarika Ghatge presented an exclusive preview of her bespoke brand, Akutee…
• Indira Foods Announces Strategic Expansion Plans and Industry Veteran Advisor
  13 Nov 2023, indianretailer.com
  Indira Foods, a renowned home-grown company celebrated for its Ready to Cook/Ready to Eat millets (ragi) and various natural spice-infused pastes and food formulations with zero additives, reveals ambitious expansion initiatives in the Indian retail sector…
• India’s Flashlight Industry Challenges: Quality, Transparency, and Trust
  13 Nov 2023, indianretailer.com
  Flashlights have seen remarkable progress in terms of employing cutting-edge illumination technology, adjustable beam angles for tailored lighting, improved performance, and safety-enhancing features…
• Hyphen Unveils VIP Lip Balm Range at Nykaaland: Kriti Sanon Presents Innovative Skincare Marvel
  13 Nov 2023, indianretailer.com
  Hyphen, the visionary skincare brand, marked a significant milestone as Kriti Sanon introduced their highly anticipated product range – The VIP Lip Balms…
• Driving Sustainable Growth in the E-commerce Ecosystem
  13 Nov 2023, indianretailer.com
  E-commerce has undeniably transformed our shopping experience, offering unparalleled convenience and accessibility at the tap of a screen…
• YouMee Makes Noida Debut with Its First Location
  13 Nov 2023, restaurant.indianretailer.com
  Strategically located in Advant Navis Business Park, YouMee’s inaugural outlet in Noida is set to delight the palates of locals and visitors alike with its diverse menu of Japanese, Chinese, Thai, and other Asian delicacies…
• Titan optimistic on festive jewellery sales; launches heavy, light-weight collections to tap wider `audience
  11 Nov 2023, retail.economictimes.indiatimes.com
  Briefly sharing the company’s strategy for launching collections, he stated, “We are a design-led brand. New collections allow us to talk to the customer with some genuinely new news. When the brand comes out with a collection, it has a story to tell. The campaign gives us a peg, on which we build the marketing story for the season.”..
• D2C players expect 30 pc revenue spike this festive season, increase manufacturing and warehousing capacities
  11 Nov 2023, retail.economictimes.indiatimes.com
  This festive season, fashion and accessories, personal care, food and beverages, as well as consumer electronics, were other popular categories that consumers plan to spend on…
• Bhakti Modi gets more active role at Reliance Retail
  11 Nov 2023, retail.economictimes.indiatimes.com
  Bhakti Modi who is Mukesh Ambani’s key aide daughter has been playing a more active role in Reliance Retail’s beauty businesses in recent months. She’s part of the leadership team at Reliance Retail Ventures. Bhakti Modi handles strategy and execution at Tira, an omni-channel platform for beauty products, where she is listed as a co-founder. ..
• Aditya Birla Fashion Q2 Results: Company posts Rs 200 crore loss; sales at Rs 2,510 crore
  11 Nov 2023, retail.economictimes.indiatimes.com
  The Aditya Birla group firm completed the acquisition of TCNS Clothing on September 26, 2023. “The consolidated financial results for the quarter ended September 30, 2023, are not comparable with previous quarters pursuant to the acquisition of subsidiary TCNS Clothing Co. Ltd,” it said. ABFRL’s total expenses were at Rs 3,500.27 crore in the September quarter…
• Senco Gold & Diamonds: Q2 net profit up 36% amid lower gold prices and higher engagement
  11 Nov 2023, retail.economictimes.indiatimes.com
  Suvankar Sen, managing director & CEO of the company said “The recently concluded quarter has been yet another positive one for us at Senco Gold & Diamonds, achieving continued robust momentum in both footfalls and revenue across all markets…
• Fast and festive: Blinkit, Swiggy Instamart & Zepto sales surge on Dhanteras
  11 Nov 2023, retail.economictimes.indiatimes.com
  Besides coins, there has also been a surge in the purchase of brooms, which is also considered auspicious on this day. “We learned that it is auspicious to buy jhadu (brooms) today when brooms got stocked out at all our dark stores on Dhanteras 2 years ago,” Dhindsa tweeted later, with a graph showing the increase in sales of brooms as compared to last Friday…
• Luxury brands from Swarovski, Coach, Jimmy Choo, Bulgari to Gucci and more embrace Diwali with festive collection
  11 Nov 2023, livemint.com
  Diwali is slated to be celebrated on November 12. In view of the festive season and eagerness among Indian customers to spend this Diwali, luxury brands can expect a surge in sales…
• Minimalistic, everyday jewellery steals the spotlight this Dhanteras
  11 Nov 2023, retail.economictimes.indiatimes.com
  Jewellers are focusing on minimalistic and everyday jewellery during the Dhanteras festival, with gold prices rising by Rs 9,000 per 10 gm compared to the previous year. Tanishq CEO Ajoy Chawla reports a significant upswing in customer sentiment, with new collections like Dharohar, Rivaah X Tarun Tahiliani’s bridal jewellery, and String It receiving significant traction…
• Parag Milk Foods’ net profit more than doubled to Rs 25.19 crore in Q2 FY24
  11 Nov 2023, retail.economictimes.indiatimes.com
  Devendra Shah, chairman, Parag Milk Foods said, “On the back of a softening input cost environment and with good festive demand we expect the growth momentum to accelerate…
• Urban folk reluctant to give up sweets, says survey
  11 Nov 2023, livemint.com
  Urban Indian consumers are reluctant to give up sugary foods with consumers consuming both traditional Indian sweets as well as biscuits, chocolates, ice creams and candies on a regular basis, according to findings of a survey by citizen engagement platform LocalCircles…
• Bombay Rayon Fashion heads for liquidation
  11 Nov 2023, retail.economictimes.indiatimes.com
  The National Company Law Tribunal (NCLT), while allowing an application to admit the liquidation company, also appointed lenders and resolution professional recommended Truvisory Insolvency Professionals (IPE) as its liquidator…
• ‘Vocal for local’ gives the festival of lights a new sparkle
  11 Nov 2023, retail.economictimes.indiatimes.com
  Ecommerce majors Flipkart and Amazon both gave prominence to small and medium entrepreneurs and artisans prominence during their festive sales. For its flagship ‘Big Billion Days’ sale, Walmart-owned Flipkart included over 1.4 million sellers, including Flipkart Samarth sellers like artisans, weavers, women, and self-help groups (SHGs)…
• Robust retail sector breathes fresh life into many underperforming malls
  11 Nov 2023, retail.economictimes.indiatimes.com
  Underperforming shopping malls are taking the right turn toward profits, helped by the robust growth in India’s retail industry. Malls such as the Garuda Mall in Bengaluru, Atria Mall in Hyderabad, and Capital Mall in Bhopal have witnessed a reversal of fortunes thanks to a re-evaluation of their brand mix and structural realignment…
• Robust retail sector breathes fresh life into many underperforming malls
  11 Nov 2023, retail.economictimes.indiatimes.com
  Underperforming shopping malls are taking the right turn toward profits, helped by the robust growth in India’s retail industry. Malls such as the Garuda Mall in Bengaluru, Atria Mall in Hyderabad, and Capital Mall in Bhopal have witnessed a reversal of fortunes thanks to a re-evaluation of their brand mix and structural realignment…
• Diwali crowd floods malls and markets
  11 Nov 2023, timesofindia.indiatimes.com
  Diwali shopping is at its peak, shoppers seem to be divided at markets, malls and few others preferring e-shopping…
• Chart of The Day: India’s kiranawalas extend lead over modern retail
  11 Nov 2023, moneycontrol.com
  NIQ data shows sales growth in the traditional trade channel stepped up to its highest level in 2023 so far, while modern retail outlets saw growth turn slower …
• Cartier Blends Parisian Craftsmanship and Indian Heritage with Mumbai Boutique
  11 Nov 2023, indianretailer.com
  Cartier announced the inauguration of its latest boutique in Mumbai at Jio World Plaza, with House Ambassador Deepika Padukone present for the ribbon-cutting ceremony…
• India’s Flashlight Industry Challenges: Quality, Transparency, and Trust
  11 Nov 2023, indianretailer.com
  Flashlights have seen remarkable progress in terms of employing cutting-edge illumination technology, adjustable beam angles for tailored lighting, improved performance, and safety-enhancing features…
• How AI and IoT Are Shaping the Future of Brick-and-Mortar Shopping
  11 Nov 2023, indianretailer.com
  In the evolving landscape of retail, there’s an undeniable transformation underway. AI and IoT, once just tech lingo, are now breathing new life into our traditional brick-and-mortar stores…
• GKB Opticals Unveils Tom Ford and Zegna’s Eyewear Range at Vision Lounge Mumbai
  11 Nov 2023, indianretailer.com
  GKB Opticals, the distinguished national optical retail chain with over 60 years of legacy, introduces the highly anticipated collections of Tom Ford and Zegna’s eyewear range at Vision Lounge Mumbai…
• Bikano Elevates Diwali Celebrations with an Opulent Array of Traditional Delicacies
  11 Nov 2023, indianretailer.com
  As the Festival of Lights, Diwali, approaches, Bikano, a renowned name in traditional Indian sweets and snacks, is gearing up to enhance the festivities with a diverse range of delectable offerings…
• Tommy Hilfiger Collab with Samantha Prabhu and Shahid Kapoor to Unveil Fall/Winter 2023 Watches
  11 Nov 2023, indianretailer.com
  Tommy Hilfiger, owned by PVH Corp has unveiled celebrated actors Samantha Prabhu and Shahid Kapoor as brand ambassadors for the Fall/Winter 2023 TOMMY HILFIGER WATCHES…
• Lavie Expands into Multi-Category with the Launch of Women’s Watches
  11 Nov 2023, indianretailer.com
  Lavie, a distinguished brand in the fashion and lifestyle industries, proudly presents its latest venture: Women’s Watches. This strategic move reflects Lavie’s commitment to style and innovation, expanding its footprint into a diverse product range…
• Global Gift Market to Touch $94.044 billion in 2031: Brands that Stand Out this Diwali for Gifting
  11 Nov 2023, indianretailer.com
  Diwali, the festival of lights, is a time for joy, celebration, and thoughtful gift-giving. As we approach this auspicious occasion, it’s essential to choose gifts that reflect the spirit of the festival…
• A Deep Dive into the Q2 Performance of Leading Retail Brands
  11 Nov 2023, indianretailer.com
  The second quarter results for fiscal year 2024 have brought mixed fortunes for prominent retail and consumer goods brands in India. Shoppers Stop, Page Industries, Bajaj Electricals, Crompton Greaves Consumer Electricals, and Metro Brands have all reported declines in net profit, reflecting the challenges posed by weak consumer demand and other economic factors…
• YouMee Makes Noida Debut with Its First Location
  11 Nov 2023, restaurant.indianretailer.com
  Strategically located in Advant Navis Business Park, YouMee’s inaugural outlet in Noida is set to delight the palates of locals and visitors alike with its diverse menu of Japanese, Chinese, Thai, and other Asian delicacies…
• Dobaraa Launches 2nd Outlet at Kurla Marketcity
  11 Nov 2023, restaurant.indianretailer.com
  The food at Dobaraa is helmed by the rebellious Chef Anil Nayar who has recently moved back to the bay from Seattle where he was running a cutting-edge Gastro pub. He is further supported by the talented and eccentric local Sobo Boy, Chef Akhil. ..
• K RAHEJA CORP’S LAUNCHES #INCLUDEHER INITIATIVE WITH WOMEN-CENTRIC POLICIES
  10 Nov 2023, rprealtyplus.com
  K Raheja Corp, India’s leading Real Estate conglomerate, launches #IncludeHer, a set of progressive policies for its women-talent, with the intent of driving workplace equity. The endeavour to launch this is to fortify workplace diversity and inclusion…
• Signatureglobal (India) posts net loss of Rs 19.92 crore in Q2 FY24
  10 Nov 2023, realty.economictimes.indiatimes.com
  Signatureglobal (India)’s net consolidated total income stood at Rs 121.16 crore in Q2 FY24, a dip of 10.70 per cent from Rs 135.68 crore it recorded in the similar quarter last year…
• Omaxe posts net loss of Rs 84.35 crore in Q2 FY24
  10 Nov 2023, realty.economictimes.indiatimes.com
  Omaxe’s net consolidated total income stood at Rs 269.82 crore in Q2 FY24, a growth of 120.66 per cent from Rs 122.28 crore it recorded in the similar quarter last year…
• Amazon records 110 cr visits, over 40 lakh new customers during Great Indian Festival
  10 Nov 2023, retail.economictimes.indiatimes.com
  In line with industry trends, the e-tailer highlighted the jump in demand for premium products. “We witnessed the highest ever demand observed for categories like jewellery, and premium Smart watches where new launches grew at almost 5x,” the release read…
• Patanjali Foods Q2 profit doubles as lower costs offset revenue drop
  10 Nov 2023, retail.economictimes.indiatimes.com
  Patanjali Foods, the maker of Ruchi Gold oil, reported a more than doubled profit in the second quarter due to lower expenses and falling edible oil prices. The company’s profit rose to INR 2.55 billion ($30.63 million), while revenue from operations declined by 8%. The decline in expenses offset the drop in revenue. Patanjali Foods CEO is optimistic that the festival season and increased consumer spends will drive growth in the next quarter…
• Home & kitchen appliances maker Stove Kraft strengthens presence in South India; plans more stores across India
  10 Nov 2023, retail.economictimes.indiatimes.com
  Stove Kraft has been consistently adding company-owned and company-operated retail stores for the Pigeon brand. “During the second quarter (Q2), we have successfully added 29 additional stores in South India taking the total count to 106 stores till September 30, 2023 and the average monthly sales per store is at Rs 4 lakh,” Rajendra Gandhi managing director of the company said while commenting on its Q2 FY24 results…
• Dhanteras Delights: Gold and Silver set to illuminate Diwali with a 50 thousand crore trade surge
  10 Nov 2023, retail.economictimes.indiatimes.com
  Analysts are eyeing key support and resistance levels in this fervent market atmosphere. In the gold market, crucial support is identified between 59650-59450, with downside levels at 59,584 and 58980…
• Jockey India licensee posts Q2 profit fall on subdued demand
  10 Nov 2023, retail.economictimes.indiatimes.com
  The Bengaluru-based company, which also operates in countries such as Sri Lanka and the United Arab Emirates, said its profit fell to 1.5 billion rupees ($18.02 million) for the quarter ended Sept. 30, from 1.62 billion rupees a year earlier…
• Bag maker Lavie forays into watches category
  10 Nov 2023, retail.economictimes.indiatimes.com
  “We have transformed our vision into reality by expanding into a new product category, and we’re excited to take it further, setting new standards in the world of women’s fashion,” said Ayush Tainwala, CEO, Lavie…
• Brioni inaugurates its first boutique in India
  10 Nov 2023, rprealtyplus.com
  The First Brioni boutique, which has been inaugurated in Delhi, captures the essence of brand’s global store concept, offering an inviting and carefully curated space with Italian design furnishings. This includes pieces like a vintage Carlo Roma coffee table, a classic Marco Zanuso armchair, and artisanal décor like a carpet and wall tapestry from the Genoese manufacturer MITA…
• Fashion brand Snitch looks to open 7-8 offline stores in FY24, expand deeper into Indian geographies
  10 Nov 2023, retail.economictimes.indiatimes.com
  Men’s apparel firm Snitch plans to launch at least 7-8 offline outlets in cities and towns including Surat, Mumbai, and Pune this fiscal year. The company is well-represented in Tier-1 and Tier-II cities, according to Siddharth Dungarwal, the creator of Snitch. At the moment, Delhi NCR, Bengaluru, and Mumbai and Pune have the company’s greatest customer bases…
• Festive buying gains traction
  10 Nov 2023, livemint.com
  Gold, furniture and packaged goods companies have reported a pick-up in festive season sales in October and expect the momentum to continue…
• Lease of Life: Underperforming shopping malls are taking the right turn toward profits
  10 Nov 2023, b2bchief.com
  Underperforming shopping malls are taking the right turn toward profits, helped by the robust growth in India’s retail industry…
• Jalongi Reinforces Southern Retail Footprint in Bengaluru
  10 Nov 2023, indianretailer.com
  Jalongi Retail has officially entered Bengaluru with the establishment of its Jalongi Brand Hub and processing center at Koramangala. Dippankar Halder, Founder of Jalongi Retail, highlights the significance of the southern market entry, expressing satisfaction…
• Febal Casa Unveils First Mono-Brand Store in Pune
  10 Nov 2023, indianretailer.com
  Febal Casa, the distinguished Italian brand by Colombini Group, recently inaugurated its premier mono-brand store in India, exclusively located at Creaticity, Pune…
• Reliance Retail’s TIRA Launches Omnichannel Beauty Experience in Chennai
  10 Nov 2023, indianretailer.com
  Reliance Retail’s omnichannel beauty retail platform, TIRA, makes its debut in Chennai at the luxury retail center, Palladium Mall, marking an expansion into three vibrant cities: Mumbai, Hyderabad, and now Chennai…
• Reliance Retail’s Swadesh Store Opens in Hyderabad, Showcases Indian Arts and Crafts
  10 Nov 2023, indianretailer.com
  The opening of the first Swadesh store in Hyderabad is a major step forward for Indian arts and crafts. The store, which is a joint venture between Reliance Retail and Reliance Foundation, will showcase a wide range of products made by skilled Indian artisans…
• 5 Q2 Winners in the Indian Retail Space
  10 Nov 2023, indianretailer.com
  Q2 2024 has been a defining period for several brands across various sectors, with many companies reporting remarkable financial performance and growth despite the challenges posed by market conditions and external factors…
• PRESTIGE BRINGS ‘THE PRESTIGE CITY’ MEGA TOWNSHIP TO HYDERABAD
  10 Nov 2023, rprealtyplus.com
  Elevating the essence of luxury living to new heights, Prestige Group in collaboration with Vaishnaoi Group proudly announces the launch of its largest residential project in Hyderabad…
• Nearly 70 pc D2C Merchants Expecting 2-4x Increase in Sales This Festive Season
  10 Nov 2023, indianretailer.com
  With the onset of the festive season, more than 2 out of 5 consumers across the country have expressed their intent to shop online from Direct-to-Consumer (D2C) merchants…
• Apple Bullish on Indian Market
  10 Nov 2023, indianretailer.com
  Apple opened its first two exclusive India retail stores in April, with famous CEO Tim Cook inaugurating the outlets in the financial capital Mumbai, and the national capital Delhi…
• Pepperfry Betting Big on Private Labels
  10 Nov 2023, indianretailer.com
  With a presence in over 100+ cities and deep penetration in Metro and Tier I, II, and III markets, Pepperfry has become a popular neighborhood brand in the Furniture and Home Goods category. It has 200+ Studios, strategically distributed across India…
• Retail India News: Blinds by AD Unveils Expansive Fabric Collection
  10 Nov 2023, indianretailer.com
  Blinds by AD announced the launch of a stunning new range featuring more than 500 fabrics. This collection showcases exquisite prints, varied textures, and a plethora of colors, providing an extensive array of vibrant hues. ..
• Retail India News: Esah Tea Brews Success with Delhi Expansion, Unveils Exquisite Assam Teas
  10 Nov 2023, indianretailer.com
  The D2C Tea Brand from Assam, Esah Tea, announces its significant expansion into Delhi, marking a milestone in the brand’s journey to bring Assam’s rich tea culture to the bustling capital region. Esah Tea’s retail presence extends across key locations in West Delhi, East Delhi, Central Delhi, and North Delhi, available in over 80 departmental stores…
• Prestige Collabs with ONDC Network to Present Exclusive Festive Retail Offers
  10 Nov 2023, indianretailer.com
  This festive season, the esteemed kitchen and home products brand, Prestige, is poised to offer unbeatable discounts and exclusive offers to customers, available exclusively on the ONDC Network…
• O’ Be Cocktails to Raise an undisclosed Amount in Pre-Series A Round Led by Inflection Point Ventures
  10 Nov 2023, restaurant.indianretailer.com
  Ready to drink cocktail startup O’ Be Cocktails is raising an undisclosed amount in Pre-Series A Round led by Inflection Point Ventures…
• PRESTIGE BRINGS ‘THE PRESTIGE CITY’ MEGA TOWNSHIP TO HYDERABAD
  10 Nov 2023, rprealtyplus.com
  Elevating the essence of luxury living to new heights, Prestige Group in collaboration with Vaishnaoi Group proudly announces the launch of its largest residential project in Hyderabad…
• Tilaknagar Industries Unveils Brandy Mansion House Chambers
  10 Nov 2023, rprealtyplus.com
  In the first six months of the current financial year, Tilaknagar Industries grew 28 per cent, led by brandy as against a 3 to 4 per cent growth for the overall IMFL industry in the same period…
• Nonna’s Unveils Fourth Outlet at Jio World Plaza
  10 Nov 2023, restaurant.indianretailer.com
  Their menu ranges from their signature handcrafted sourdough pizzas to over nine varieties with an array of selected appetizers, Pannouzzos, beverages and desserts…
• ABD Launches Premium Whisky ‘Hippy’
  10 Nov 2023, rprealtyplus.com
  Allied Blenders and Distillers Limited (“ABD”), is boosting its play in the Prestige and above segments in whisky with unique offerings built on core consumer insights. In its quest for this objective, ABD has launched a cool and stylish 180ML pack in ‘Hippy’…
• PRESTIGE BRINGS ‘THE PRESTIGE CITY’ MEGA TOWNSHIP TO HYDERABAD
  9 Nov 2023, rprealtyplus.com
  Elevating the essence of luxury living to new heights, Prestige Group in collaboration with Vaishnaoi Group proudly announces the launch of its largest residential project in Hyderabad…
• Nexus Select Trust’s net profit declines 27.18% in Q2 FY24
  9 Nov 2023, realty.economictimes.indiatimes.com
  Nexus Select Trust declared distributions of Rs 452.07 crore / Rs 2.98 per unit for the quarter ended September 30, 2023. It achieved net operating income (NOI) of Rs 390.9 crore, a 17% year-on-year growth…
• Sparkle Two Mall Developers buys land parcel in Thane for Rs 429 crore
  9 Nov 2023, realty.economictimes.indiatimes.com
  Sparkle Two Mall Developers, a wholly-owned subsidiary of The Phoenix Mills, has paid an amount of Rs. 400.87 crore under two conveyance deeds…
• DLF to acquire certain stakes is companies owning 63 acres land in Gurugram for Rs 40 crore
  9 Nov 2023, realty.economictimes.indiatimes.com
  The board of directors of DLF have inter-alia approved acquisition of 5.22% shareholding in Invecon and 4.48% and 3.24% shareholding in its affiliates namely, Vikram Electric Equipment and Uni International, respectively from existing individual shareholders…
• Brigade Enterprises posts net profit of Rs 112.50 crore in Q2 FY24
  9 Nov 2023, realty.economictimes.indiatimes.com
  Brigade Enterprises’ net consolidated total income stood at Rs 1,407.92 crore in Q2 FY24, a growth of 54.35 per cent from Rs 912.19 crore it recorded in the similar quarter last year…
• The Phoenix Mills’ net profit grows 36.92% in Q2 FY24
  9 Nov 2023, realty.economictimes.indiatimes.com
  The Phoenix Mills’ net consolidated total income stood at Rs 906.64 crore in Q2 FY24, a growth of 32.65 per cent from Rs 683.49 crore it recorded in the similar quarter last year…
• Carrier India appoints Sundaresan Narayanan as MD
  9 Nov 2023, retail.economictimes.indiatimes.com
  Carrier has announced a plan to exit its commercial refrigeration and fire and security businesses globally as well as in India. Narayanan completed a bachelor of engineering degree from the University of Madras. He also has a master of science degree from Western Michigan University and a master of business administration degree from Indiana University…
• We took some hard decisions to improve profitability through closure of loss making stores in Q2: Shashwat Goenka, chairman, Spencer’s Retail
  9 Nov 2023, retail.economictimes.indiatimes.com
  Spencer’s Retail has reported a 30 per cent rise in year-on-year consolidated net loss at Rs 70.12 crore in Q2 FY24 as against a loss of Rs 53.78 crore in Q2 FY23, according to a regulatory filing. Also, it saw a decline in its total income at Rs 577.10 crore in Q2 FY24 as against Rs 654.35 crore in the same period of the last fiscal…
• Jewellers expect double-digit growth in sales this Dhanteras
  9 Nov 2023, retail.economictimes.indiatimes.com
  This year, jewellery retailers are also observing an increasing trend of online bookings for gold purchases on Dhanteras, driven by the desire to leverage rising gold prices and the flexibility of securing purchases ahead of time…
• Raymond posts flat Q2 profit on soft demand, higher costs
  9 Nov 2023, retail.economictimes.indiatimes.com
  Raymond flagged postponement in consumer spending cycle on account of delay in the festive and wedding seasons. Fashion retailers have seen a shift in demand due to a late start to the festive season this year. Revenue from operations rose about 4%, as buyers also curbed discretionary spends in the face of sticky inflation. Meanwhile, the company’s total expenses climbed over 7%…
• Footwear maker Bata India’s profit slides 38% on one-time charge
  9 Nov 2023, retail.economictimes.indiatimes.com
  The footwear maker said its consolidated profit fell to 339.9 million rupees ($4.1 million) in the July-September quarter, from 548.2 million rupees in the year-ago quarter…
• Nita Ambani launches first ‘Swadesh’ handicrafts store in Hyderabad to promote Indian craftwork
  9 Nov 2023, retail.economictimes.indiatimes.com
  Reliance Retail’s Swadesh stores will not only present India to the world through its centuries-old art forms and creative expressions but will also pry open sustainable livelihood opportunities for artisans and craftspersons to ensure that their work continues to be treasured in a world that is evolving rapidly, according to the press release. ..
• Adidas says demand for Samba shoes far outstrips supply
  9 Nov 2023, retail.economictimes.indiatimes.com
  Adidas inventory levels fell 23% year on year to 4.85 billion euros ($5.18 billion). That was a positive development, given that other apparel and footwear retailers in the United States and elsewhere have been struggling with excess stocks and cutting prices to move products off the shelves…
• Jewellery maker Pandora raises sales forecast after Q3 profit beat
  9 Nov 2023, retail.economictimes.indiatimes.com
  Improvement in like-for-like sales was driven by the U.S., as traffic picked up in the region given recent brand initiatives. “This is strong in the context of an overall volatile retail environment,” JPMorgan analysts said in a note…
• India’s Smirnoff vodka maker United Spirits Q2 profit rises on strong premium demand
  9 Nov 2023, retail.economictimes.indiatimes.com
  The Diageo PLC-owned company’s profit before exceptional items and tax rose to 4.17 billion rupees ($50.08 million) in the quarter ended Sept. 30 from 3.65 billion rupees a year ago…
• Burger King’s India operator posts narrower Q2 loss on menu and store expansion
  9 Nov 2023, retail.economictimes.indiatimes.com
  Restaurant Brands Asia, the franchisee of Burger King India, has reported a narrower quarterly loss of Rs 460.3 million ($5.5 million) from Rs 499.5 million a year earlier. Burger King India’s revenue rose by 16%, but same-store sales growth slowed to 3.5%. The company’s expenses also increased by 15%, with ingredient costs rising by over 20%. Other fast food chains in India, including KFC, Pizza Hut, McDonald’s, and Domino’s, also reported a decline in quarterly profit…
• WayCool’s enterprise BrandsNext forays into the specialty rice segment
  9 Nov 2023, retail.economictimes.indiatimes.com
  BP Ravindran, CEO, BrandsNext said, “We believe the Indian Basmati rice market has been growing at a CAGR of 10% in the last three years. Hence, we recognized this as a significant opportunity and introduced Basmati rice and Seeraga Samba Rice with a proposition of consistent Biryani experience for Biryani lovers.”..
• Personal-care brand WishCare raises Rs 20 crore funding from Unilever Ventures
  9 Nov 2023, retail.economictimes.indiatimes.com
  Founded in 2019 by Stuti Kothari, Ankit Kothari and Ayush Kothari, the company currently has annual recurring revenue of Rs 85 crore. The startup said that it has grown “fourfold in the last 12 months, while maintaining a strong double-digit EBITDA.”..
• Eveready Ind Standalone September 2023 Net Sales at Rs 364.89 crore, down 2.89% Y-o-Y
  9 Nov 2023, moneycontrol.com
  Net Sales at Rs 364.89 crore in September 2023 down 2.89% from Rs. 375.75 crore in September 2022. ..
• India’s luxury retailers eye festive demand to boost sales
  9 Nov 2023, cnbctv18.com
  India’s luxury brands are eager to seize a share of the market, given the significant increase in demand. The sector foresees sales doubling during Diwali, driven by the festive footfalls…
• Diwali Gifting Guide from India’s Top Skincare Brands Who are Disrupting the Beauty Retailscape
  9 Nov 2023, indianretailer.com
  Festivals everywhere are seasons for exchanging gifts. Worldwide the gifting market is worth $475 billion and India is poised to make a significant dent by 2024 with a market worth $84 billion…
• Trent Ltd’s Q2FY24 Report Reveals Remarkable Growth, Surpassing Q2FY23 Performance
  9 Nov 2023, indianretailer.com
  Trent Ltd, a subsidiary of Tata Group, has recently released its financial results for the second quarter of FY24, and it is evident that the company has made significant progress compared to the same period in FY23…
• Forever New India Paving the Way for Sustainable Shopping Experiences & Tech-Enhanced Convenience
  9 Nov 2023, indianretailer.com
  In less than a year, Forever New India has become the country’s fastest-growing high-premium fashion brand, with a strong presence in Tier II and III cities…
• How Allied Blenders and Distillers Limited is Making ‘Quarter’ Profitable with Style
  9 Nov 2023, indianretailer.com
  Allied Blenders and Distillers Limited (“ABD”) is elevating its presence in the Prestige and Above segments of the whisky market by introducing distinctive offerings rooted in key consumer insights…
• Extra Butter Expands Global Footprint with Debut Mumbai Store
  9 Nov 2023, indianretailer.com
  Extra Butter has six stores in the United States – most located in New York City. Last month, the brand opened its first international store in Mumbai. The store displays around 120 SKUs of footwear and 150-160 SKUs of apparel and accessories…
• Norse Brands and DCHome by DICITex Join Hands to Bring Nordic Sleep by Fossflakes in India
  9 Nov 2023, indianretailer.com
  In a vibrant corner of the bustling Indian retail market, a remarkable journey is unfolding. Norse Brands, renowned for its exquisite home and lifestyle products originating from the scenic landscapes of Denmark, Norway, Sweden, and Finland, has endowed the…
• How Nirvana Being is Setting Standard for Portable Air Purification with Its MESP Air Purifier
  9 Nov 2023, indianretailer.com
  Amid growing nationwide concerns regarding substandard air quality, the pressing need for indoor air purification solutions that are highly effective and environmentally responsible has become increasingly evident…
• Shein Acquires British Fast Fashion Brand Missguided to Expand Global Reach
  9 Nov 2023, indianretailer.com
  Shein has recently acquired the British fast fashion brand Missguided from the Frasers Group, signaling its strategic move to broaden its market share and global presence in preparation for an anticipated U.S. initial public offering…
• Nykaaland’s Game-Changing Moment: Two Global Beauty Legends Take India by Storm
  9 Nov 2023, indianretailer.com
  Nykaaland, co-produced by Nykaa and BookMyShow, delivered an unparalleled blend of star-studded appearances, cutting-edge beauty brands, and an unforgettable blend of entertainment and education, setting a groundbreaking precedent in the beauty industry…
• Prestige Estates Projects posts net profit of Rs 910.3 crore in Q2 FY24
  8 Nov 2023, realty.economictimes.indiatimes.com
  Prestige Estates Projects’ net consolidated total income stood at Rs 3,256 crore in Q2 FY24, a growth of 120.79 per cent from Rs 1,474.70 crore it recorded in the similar quarter last year…
• Tata considering sale of Voltas home appliance business, sources say
  8 Nov 2023, retail.economictimes.indiatimes.com
  Tata is mulling the sale of Voltas Ltd.’s home appliance division due to the challenges of expanding in a competitive market. Discussions are in the early stages, and it’s uncertain whether the local joint venture with Arcelik AS will be included. Tata Group has not made a final decision on the sale…
• Trent’s profit surges nearly three-fold to Rs 228.06 crore in Q2 FY24
  8 Nov 2023, retail.economictimes.indiatimes.com
  Trent’s total income jumped 51.4 per cent to Rs 3,062.47 crore in Q4 FY23 as against Rs 2,022.66 crore in the corresponding quarter of the previous fiscal. Speaking on the performance, Noel N Tata, Chairman, Trent Limited said, “Our lifestyle offerings across concepts, categories and channels witnessed strong momentum in Q2FY24 despite challenging market conditions. We continue to see growing relevance for our offerings, resilience in our business model choices and attractiveness of our differentiated platform…
• Lava elevates Sunil Raina as interim Managing Director following Hari Om Rai’s arrest
  8 Nov 2023, retail.economictimes.indiatimes.com
  ​Raina, who has been serving as the President and Business Head of the mobile phone brand since the past five years comes with an experience of more than two decades having worked extensively in marketing, strategy, product development, communications, sales and distribution functions…
• FMCG sales climb as rural demand sees green shoots
  8 Nov 2023, retail.economictimes.indiatimes.com
  This comes after four quarters of subdued growth in rural markets, which had declined 2-5% as consumers had been either downtrading (buying lower-priced products) or not purchasing as many goods, impacted by soaring food and fuel prices…
• Premium segment contributes 60% to biz: Radico’s Abhishek Khaitan
  8 Nov 2023, retail.economictimes.indiatimes.com
  For its flagship Rampur brand, Khaitan highlighted that the volumes have tripled compared to last year. He believes that in the coming years, the brand will become a key part of Radico’s profitability…
• We have shown growth at high margins is possible. We will continue to demonstrate that in future also: Honasa Consumer
  8 Nov 2023, retail.economictimes.indiatimes.com
  “From a gross margin perspective, this is the level at which we have operated in the past and our attempt would be to continue to operate at that level. Growth at these margins is possible. We have demonstrated that in the past and we will continue to demonstrate that in the future…
• Amazon India sees strong festive sales growth in 2023
  8 Nov 2023, retail.economictimes.indiatimes.com
  Amazon India has announced that its 2023 festive sale is the best in its 13 years of operations in the country, driven by strong demand. According to market research firm Redseer Strategy Consultants, online sales in India during this festive season are expected to grow by 18-20%, reaching INR 90,000 crore…
• Arvind Fashions Q2 Results: Profit rises on healthy sales
  8 Nov 2023, retail.economictimes.indiatimes.com
  The Bengaluru-based company’s consolidated net profit rose to 216.6 million rupees ($2.60 million) for the quarter ended Sept. 30 from 182.2 million rupees a year earlier, sending its shares up as much as 8%…
• We are taking many strategies to grow sales in rural markets: Emami CEO
  8 Nov 2023, thehindubusinessline.com
  Emami is improving its distribution network and launching lot more low-unit packs (LUPs) to drive sales in the rural markets where the demand is still subdued: CEO…
• Walmart looks to widen Indian supplier network
  8 Nov 2023, retail.economictimes.indiatimes.com
  Walmart is actively seeking new Indian suppliers and manufacturers to expand its sourcing in India and tap into new categories. The company aims to source $10 billion worth of goods from India annually by 2027. It is already working with suppliers to source toys, shoes, and bicycles. Walmart has been sourcing goods from India for over 20 years and plans to double down on building a resilient and trusted supply chain…
• Jagatjit Industries expands its premium offering with Royal Pride whisky
  8 Nov 2023, retail.economictimes.indiatimes.com
  Roshini Sanah Jaiswal, promoter and executive director of the company said that it has been introduced in Delhi and will sell through retail outlets and fine dining establishments across this market. Gradually, the firm will expand its presence across the country…
• FMCG sector grows 9% in September quarter aided by rural revival: NielsenIQ
  8 Nov 2023, retail.economictimes.indiatimes.com
  Packaged fast-moving consumer goods in India grew 9 per cent year-on-year in the July-September quarter, driven by higher spending in rural areas, quarterly sector update by Nielsen IQ showed. Rural villages grew 6.4 per cent by volumes, up from 4 per cent in the previous quarter. Impulse categories, such as salty snacks and chocolates, drove growth in both packaged foods and non-foods…
• As global companies chart course for India, FDI set to rise
  8 Nov 2023, retail.economictimes.indiatimes.com
  The UN agency reiterated its recent findings that India is among the top three in greenfield FDI announcements. This suggests that the country may be pulling in fresh global capacity expansion as part of supply chain diversification, a senior finance ministry official told ET. It expects these to translate into higher investment flows by 2024, the official said…
• Battery maker Eveready posts rise in Q2 profit on lower costs
  8 Nov 2023, retail.economictimes.indiatimes.com
  Battery maker Eveready Industries India on Tuesday reported a more than 72% rise in second-quarter profit, helped by diminishing costs. Consolidated net profit rose to 254.4 million rupees ($3.06 million) in the quarter ended Sept. 30 from 147.3 million rupees a year ago. Quarterly expenses for the company, which also sells flashlights and lighting products like LED bulbs, fell 6% to 3.34 billion rupees, led by a nearly 15% decline in raw material costs…
• Home decor startup Vaaree raises $4 million in round led by Peak XV’s accelerator programme Surge
  8 Nov 2023, retail.economictimes.indiatimes.com
  Investors in the round include Peer Capital, All In Capital and Better Capital. The new funding will be used to accelerate hiring and enhance the user experience on the online platform, said a statement from the company…
• Confession of a Shopaholic! Shopping malls are back in business as consumers make a dash for it
  8 Nov 2023, financialexpress.com
  Shopping malls account for about 12% of the overall retail market in India in 2022 and contribute to about 1.2% of India’s GDP…
• Thomas Cook India expands retail footprint in Delhi
  8 Nov 2023, hospitality.economictimes.indiatimes.com
  Thomas Cook’s consumer insights from Delhi indicate brisk demand of over 65 percent compared to last year and a 40 percent growth in demand for luxury/exclusive experiences…
• Retail India News: Irasva Fine Jewellery Shines Bright with New Mumbai Store and Malaika Arora
  8 Nov 2023, indianretailer.com
  Mumbai, known for its elegance and grandeur, will witness the radiant presence of Malaika Arora as Irasva Fine Jewellery unveils its second store in the heart of the city. Irasva Fine Jewellery has established itself as a symbol of timeless elegance and exquisite craftsmanship, and this new store is set to illuminate Mumbai once again…
• Retail India News: Magniflex India Expands Presence with Second Exclusive Store in Bengaluru’s Jayanagar
  8 Nov 2023, indianretailer.com
  Magniflex India (Made in Italy), a leading luxury mattress brand in Europe, is pleased to announce the opening of its second exclusive store in Jayanagar, Bengaluru. This new store is a response to the growing demand for Magniflex products in the region…
• Retail India News: Parag Milk Foods Limited Collabs with Boston Consulting Group for Sustainable Growth
  8 Nov 2023, indianretailer.com
  Parag Milk Foods Limited (PMFL) is the largest private dairy FMCG company in India. It was founded in 1992 and has a reputation for offering healthful and nutritious 100 percent cow’s milk products. PMFL has a strong distribution network and works closely with farmers. Its flagship products are Gowardhan Ghee and Go cheese. PMFL is also making significant inroads in the institutional, HORECA cheese business, and the consumer cheese segment. It has introduced Avvatar, India’s first 100 percent vegetarian whey protein, manufactured in India. PMFL’s overarching goal is to become the largest dairy FMCG company, prioritizing health and nutrition through innovative products…
• The Future of Home Interiors: Design-Led CX
  8 Nov 2023, indianretailer.com
  Today, a home is much more than a unit where one resides. It is a reflection of our personality, a place where we spend time with loved ones, a multi-purpose space that houses all interests, passions, recreational and functional needs. It is a meaningful, intimate space that individuals are increasingly investing behind…
• Retail India News: MiniKlub Presents a Fresh Range of Occasion Wear for Young Ones
  8 Nov 2023, indianretailer.com
  As the festive spirit blossoms, MiniKlub, the renowned baby and kidswear brand, is thrilled to introduce its latest line of Occasion Wear for young ones. This carefully curated collection offers a delightful array of stylish and comfortable outfits, ensuring that every child appears and feels extraordinary during special celebrations…
• Retail India News: Vanity Wagon Partners with Shoppers Stop to Elevate Clean Beauty
  8 Nov 2023, indianretailer.com
  Vanity Wagon has announced its strategic partnership with Shoppers Stop, a prominent multi-brand retailer. Under this partnership, Vanity Wagon will become the exclusive curator of clean beauty products for both online and offline stores under the Shoppers Stop umbrella. This collaboration will initially debut in 7 high-performing Shoppers Stop and SS Beauty outlets located in various cities, with plans to expand to an additional 50 outlets over the next year…
• From Window Shoppers to Loyal Customers: Tanishq’s Strategy for Retail Success
  8 Nov 2023, indianretailer.com
  Tanishq has been setting the standard for superior craftsmanship, exquisite designs, and guaranteed product quality for over two decades. In a rapidly evolving retail landscape, Tanishq recently embarked on a journey to expand its offline success into the online realm with the help of MoEngage, an intelligent customer engagement platform. In a joint interview, Pelki Tshering, Marketing Head at Tanishq, and Yash Reddy, Chief Business Officer (APAC & EMEA) at MoEngage, shed light on how they harnessed the platform’s capabilities to enhance customer experiences and strike the perfect balance between Tanishq’s offline and online initiatives…
• {Stores of the Future} Extra Butter Expands Global Footprint with Debut Mumbai Store
  8 Nov 2023, indianretailer.com
  Extra Butter has six stores in the United States – most located in New York City. Last month, the brand opened its first international store in Mumbai. The store displays around 120 SKUs of footwear and 150-160 SKUs of apparel and accessories…
• Retail India News: How Nirvana Being is Setting Standard for Portable Air Purification with Its MESP Air Purifier
  8 Nov 2023, indianretailer.com
  Amid growing nationwide concerns regarding substandard air quality, the pressing need for indoor air purification solutions that are highly effective and environmentally responsible has become increasingly evident. As we collectively commit to safeguarding the health of our families and the environment, Nirvana Being is proud to introduce the revolutionary MESP (Micro-electrostatic Precipitator) Air Sterilizing Purifier. This state-of-the-art device marks a significant advancement in the realm of portable air purifiers, ushering in a new era of electronic air purification technology. It not only ensures the cleanliness of indoor air but also delivers exceptional energy efficiency…
• Retail India News: Shein Acquires British Fast Fashion Brand Missguided to Expand Global Reach
  8 Nov 2023, indianretailer.com
  Shein has recently acquired the British fast fashion brand Missguided from the Frasers Group, signaling its strategic move to broaden its market share and global presence in preparation for an anticipated U.S. initial public offering. This development, announced by both companies, entails Shein taking over the manufacturing of Missguided’s products and selling them independently on both Shein and Missguided’s websites, while the Frasers Group will retain Missguided’s real estate assets and employees, as outlined in official news releases…
• Retail India News: Elevate Your Festive Season with U&i’s Impressive Bluetooth Audio Products
  8 Nov 2023, indianretailer.com
  This festive season, celebrate the Festival of Lights with your favorite songs playing through U&i Bluetooth audio products. U&i, India’s leading brand in gadgets, accessories, and consumer electronics, has unveiled three new BT devices in its lineup of audio products. The company introduces the Trans 2.0 Series and Vengo Series, tailored for frequent travelers seeking a convenient wireless audio solution for personal entertainment and hands-free calls. In addition, U&i presents the Jungle Series desktop speaker cum portable soundbar, designed to deliver crystal clear sound and ambiance with its 15 RGB lights, turning any workspace into a lively zone for music and fun…
• Fudr Announces Strategic Partnership with Barista for F&B SaaS Expansion
  8 Nov 2023, restaurant.indianretailer.com
  Fudr has seen consistent growth in the past year with serving more than 20 restaurant chains across India. Their plan is to onboard an additional 150 restaurant brands within the next 18 to 24 months…
• Mercure Hyderabad KCP Appoints Shreedhar Punna as the Executive Chef
  8 Nov 2023, restaurant.indianretailer.com
  In his present role, he will lead the culinary team at Mercure Hyderabad KCP. He will be responsible for overseeing all aspects of the culinary operations, from menu development to hiring, training, and supervising the staff…
• Amari Raaya Maldives Welcomes Chef Yogender Pal as Executive Chef
  8 Nov 2023, restaurant.indianretailer.com
  Chef Yogi is actively engaged in managing a team of more than 30 chefs at the resort, ensuring the smooth operation of these diverse dining outlets…
• Bata India Partners with Authentic Brands Group to Expand Nine West in India
  8 Nov 2023, indianretailer.com
  Bata India announced a significant licensing and manufacturing partnership with Authentic Brands Group (Authentic) on November 6, 2023, to expand the world-renowned lifestyle brand Nine West in the Indian market. This collaboration aims to augment Bata India’s premium product offerings and cater to the needs of fashion-conscious consumers…
• Authentic Brands Group Partners with SHEIN to Introduce Forever 21 to Online Retail
  8 Nov 2023, indianretailer.com
  Authentic Brands Group (Authentic), a prominent global brand development, marketing, and entertainment platform, has joined hands with SHEIN in a long-term agreement to introduce the Forever 21 brand to key lifestyle and fashion categories for men and women, marking the arrival of the renowned trend and lifestyle brand, Forever 21, on SHEIN…
• Shehla Khan Unveils Floral-Inspired Collection Celebrating Femininity and Elegance
  8 Nov 2023, indianretailer.com
  In a mesmerizing tribute to brides and their bridesmaids, Shehla Khan introduces a collection of exquisite and uniquely beautiful floral-inspired creations. This opulent assortment pays homage to the essence of femininity, encompassing a diverse range of eclectic designs that harmoniously come together, much like the delicate petals of a flower. Within this collection, you will encounter an extensive array of wedding and occasion wear, catering to women of all ages, varying body types, and discerning tastes, ensuring that every woman, whether a radiant bride or an elegant bridesmaid, discovers her perfect ensemble. The collection also offers a delightful revelation for those seeking something special for their exceptional moments…
• Trehan Iris Launches Office Tower In Iris Broadway Greno West In Noida
  7 Nov 2023, rprealtyplus.com
  Trehan Iris, one of India’s leading real estate developers, has recently launched OMEGA – a high-rise office tower. This tower is within “Iris Broadway Greno West”, a 1 million sq. ft. premium retail-led mixed-use development and entertainment destination…
• Omaxe Group Appoints Samir VM As Chief Information Officer
  7 Nov 2023, rprealtyplus.com
  Omaxe Group, a prominent real estate developer in the Delhi-NCR, announced the appointment of Samir VM as the Chief Information Officer. With over 23 years of experience, including over 21 years in the real estate sector,Samir VM is set to bring a transformative impact to the company’s information systems…
• Dunzo FY23 loss widens to Rs 1,800 crore, revenue jumps 4x to Rs 226 crore
  7 Nov 2023, retail.economictimes.indiatimes.com
  The Reliance Retail-backed firm, which has sharply shrunk its operations and laid off hundreds of employees over the course of this year, saw its total expenses jump to Rs 2,054.4 crore in FY23, against the Rs 531.7 crore in FY22…
• Tata 1mg will be profitable in a few quarters, says founder Prashant Tandon
  7 Nov 2023, retail.economictimes.indiatimes.com
  The company reported a 160% jump in operating revenue to Rs 1,627 crore for the fiscal year ended 2023. However, its net loss more than doubled from the previous year to Rs 1,254.9 crore, according to its recent regulatory filings for the financial year under review…
• Bata to retail Nine West shoes, accessories in India
  7 Nov 2023, retail.economictimes.indiatimes.com
  “Under the arrangement, Bata India will have rights to manufacture, market and distribute Nine West shoes and accessories, across India through its stores,” the filing said…
• Emami posts net profit of Rs 180 crore in Q2 FY24
  7 Nov 2023, retail.economictimes.indiatimes.com
  In the September quarter, Emami had an expansion in gross margins by 350 basis points, reaching 70.1 per cent, helped by lower raw material costs and judicious price hikes, according to a company’s earnings statement…
• Nykaa Q2 Results: Profit surges 50% YoY to Rs 7.8 crore; revenue jumps 22%
  7 Nov 2023, retail.economictimes.indiatimes.com
  Revenue from operations increased 22% to Rs 1,507 crore in the July-September period, compared with Rs 1,231 crore in the same period of last year. The healthy revenue growth was despite the festive season witnessing a delay this year, moving into October versus commencing in September last year…
• Bikaji Foods International’s PAT rises to Rs 59.8 crore in Q2 FY24
  7 Nov 2023, retail.economictimes.indiatimes.com
  The company’s revenue from operations grew 5.5 per cent YoY to Rs 608.7 crore in Q2 FY24 as against the revenue of Rs 577 crore in Q2 FY23…
• Menswear retailer Celio to open 15 new large format stores, increase marketing spends
  7 Nov 2023, retail.economictimes.indiatimes.com
  The new outlets will have a larger floor size of 200 – 300 square metres and significantly use data for curating the right merchandise assortment. Momaya said that the stores will have first-hand product displays and a self-navigating concept…
• Submarine Pens eyes to double its revenue to Rs 40 crore by FY24 end
  7 Nov 2023, retail.economictimes.indiatimes.com
  At present, 60 per cent of the revenue of the brand comes from the B2B business, and the rest 40 per cent is contributed by the B2C segment…
• Online retailer Beyond Inc’s chief steps down amid activist investor pressure
  7 Nov 2023, retail.economictimes.indiatimes.com
  Hedge fund JAT Capital, which owns a 9.6% stake in Beyond Inc, last week urged the board to replace CEO Jonathan Johnson, arguing that he is to blame for the company’s poor financial performance…
• Early signs are very good and we are very positive about Q3 and Q4 shaping up well: Titan CFO
  7 Nov 2023, retail.economictimes.indiatimes.com
  “The jewellery EBIT margin on a full year basis is 12% to 13%. Our focus is more on growth, market share gain, number of customers coming to our fold and delivering a consistent margin profile. Q2 is more diamond studded activation quarter. So the margin profile of Q2 is slightly elevated every year…
• Big-bang luxury sales add to Diwali shine
  7 Nov 2023, retail.economictimes.indiatimes.com
  “Renowned international brands such as Louis Vuitton, Dior, Cartier, Bulgari, Gucci and Giorgio Armani are leading the way, with increased sales compared to last year,” said Pushpa Bector, senior executive director at DLF Retail. Higher spending per customer than last year across all luxury categories signals an uptick in overall expenditure this festive season…
• V-Mart Retail Q2 net loss at Rs 64 crore
  7 Nov 2023, retail.economictimes.indiatimes.com
  According to the company, its results are not comparable as the results include business operations of digital marketplace LimeRoad acquired during the previous year…
• Styched relaunches sneaker brand Flatheads
  7 Nov 2023, retail.economictimes.indiatimes.com
  Sharing his expectations in terms of sales, Ganesh Balakrishnan, founder of Flatheads told ETRetail, “We expect to start with 5,000 pairs per month and then grow at 15-20% month on month. Given that the brand is a well-known name now, we are expecting a good response to the relaunch…
• India’s Tribhovandas Bhimji Zaveri posts higher Q2 profit as diamond outshines
  7 Nov 2023, retail.economictimes.indiatimes.com
  Mumbai-based Tribhovandas said it expects to see steady growth in December quarter on the back of robust demand during the traditional wedding season…
• Pizza Hut India operator misses Q2 profit view, ‘cautious’ on expansion
  7 Nov 2023, retail.economictimes.indiatimes.com
  Sapphire Foods India, a domestic operator of Pizza Hut restaurants, on Thursday reported a bigger-than-expected fall in quarterly profit on sluggish demand for pizzas and said it is “cautious” about opening more outlets. The Yum Brands franchisee’s net profit fell 43% to 153.4 million rupees ($1.84 million) for the quarter ended September 30. Analysts, on average, were expecting 181.9 million rupees, according to LSEG data. Pizza Hut India contributes to roughly a quarter of Sapphire’s overall revenue…
• Pepsi India bottler Varun Beverages Q3 profit beats view on strong sales volume
  7 Nov 2023, retail.economictimes.indiatimes.com
  The Gurugram-based company, with operations across six countries, is one of PepsiCo’s largest franchisee outside the U.S., and packages and distributes beverages under Pepsi, Mirinda and Tropicana labels…
• Barbeque-Nation Q2 Results: Firm posts second consecutive quarterly loss
  7 Nov 2023, retail.economictimes.indiatimes.com
  The restaurant chain posted a consolidated net loss of 123.7 million rupees ($1.5 million) for the three months ended Sept. 30, compared to a loss of 43.1 million rupees last quarter…
• Zomato sees large profit opportunity in Blinkit
  7 Nov 2023, financialexpress.com
  Blinkit’s growth has also encouraged many analysts to increase the price target on Zomato’s stock and hike the company’s overall profit and sales estimates…
• Indian alcohol maker Radico Khaitan’s Q2 profit rises on robust premium demand
  7 Nov 2023, retail.economictimes.indiatimes.com
  Radico Khaitan is the first among major listed Indian liquor companies to report its results. Rivals United Spirits and United Breweries will report their results later this week…
• Kashee Milk Producer Organization to achieve turnover of Rs 200 cr by FY24
  7 Nov 2023, retail.economictimes.indiatimes.com
  Kashee Milk Producer Organization (KMPO) is poised to achieve a Rs 200 crore turnover by the end of the 2023-24 financial year, driven by the rise of women milk farmers. This represents a significant six-fold increase from the organization’s Rs 37 crore revenue in 2022-23, within two years of its operation…
• Billionaire Flipkart founder Binny Bansal ready to launch stealth AI startup
  7 Nov 2023, retail.economictimes.indiatimes.com
  The startup’s main operations will be in Bengaluru, and it’s headquartered in Singapore, where it’s in stealth mode for now and will launch its offerings within months, the people said. It also plans to expand to the US, one of the people said…
• Cello World will continue to grow at the pace we were growing in last 3-4 years: CMD
  7 Nov 2023, retail.economictimes.indiatimes.com
  “Going forward, our Glassware unit, which is coming up in Rajasthan, will also give extra revenue to the company. Overall, it looks really good to grow from here. Our product lines are expanding and we will grow at the pace we were growing over the last three-four years,” says Pradeep Rathod…
• Bajaj Electricals Q2 profit declines 56 pc to Rs 27.3 crore
  7 Nov 2023, retail.economictimes.indiatimes.com
  Bajaj Electricals’ total expenses in the September quarter rose 1.2 per cent to Rs 1,097.11 crore. Its revenue from consumer products fell 2.86 per cent to Rs 857.57 crore as against Rs 882.87 crore in the corresponding quarter in the preceding fiscal year…
• Retail India News: Sai Silks Kalamandir Ltd Expands with the Inauguration of its 57th Store in Chennai
  7 Nov 2023, indianretailer.com
  Sai Silks Kalamandir Ltd (SSKL), a prominent retailer specializing in ethnic apparel, has opened its 57th store, following the Kancheepuram Varamahalakshmi Silks format, in Poonamalle, Chennai…
• Retail India News: Sunglass Hut Opens New Store in DLF Cyber Hub, Gurugram
  7 Nov 2023, indianretailer.com
  Sunglass Hut has opened a new store in the heart of DLF Cyber Hub, Gurugram, a premium destination for dining and retail. This launch represents a significant milestone as it is Sunglass Hut’s 85th store in India, reaffirming its position as a leading retail destination for the latest trends in fashion, performance, and functional eyewear…
• Retail India News: Zudio Expands Footprint in Gurugram with New Outlet at Elan Miracle
  7 Nov 2023, indianretailer.com
  Zudio, the renowned affordable fashion brand operating under the Tata Group’s umbrella, has recently inaugurated a new store in Elan Miracle, Sector 84, Dwarka Expressway. Zudio’s unwavering commitment to delivering stylish yet budget-friendly clothing to its clientele continues to drive its expansion. The recent establishment of this store underscores the brand’s strategic vision, particularly its mission to make fashionable apparel accessible to a wider audience…
• Retail India News: DeVANS Modern Breweries Expands Production Capacity with New Partnership in UP
  7 Nov 2023, indianretailer.com
  A mere year following its significant augmentation of production capacity through collaborative ventures in Arunachal Pradesh and Jharkhand, DeVANS Modern Breweries, the country’s oldest producer of premium malt spirits and an array of award-winning beers, has disclosed a fresh partnership within the heart of Uttar Pradesh. DeVANS has entered into a production partnership with Vairagi Brewery in Barabanki, Uttar Pradesh, boosting its production capacity by an additional 24,000 KL, resulting in a total capacity of 2 million cases per annum…
• Retail India News: Amrutanjan Healthcare Inaugurates First Physical Retail Store ‘World of Amrutanjan’ in Delhi
  7 Nov 2023, indianretailer.com
  Amrutanjan Healthcare, a renowned name in the realm of healthcare and well-being, has officially unveiled its inaugural brick-and-mortar establishment, ‘World of Amrutanjan,’ in the bustling city of Delhi. This inaugural store marks a significant milestone in the organization’s ongoing pursuit of a Direct-To-Customer (D2C) approach, heralding an integrated and seamless shopping experience that bridges the divide between the digital and physical facets of retail…
• Retail India News: Nebula By Titan Unveils “Varsha”
  7 Nov 2023, indianretailer.com
  Nebula By Titan, recognized for its distinguished selection of luxury timepieces meticulously crafted in solid gold, presents a splendid addition to the festive attire, offering a seamless fusion of precision craftsmanship and imaginative design…
• Retail India News: Luxury Fashion Brand COACH Joins India’s Diwali Retail Party with Shine Collection
  7 Nov 2023, indianretailer.com
  COACH India recently unveiled its Shine collection, ahead of Diwali. Inspired by today’s generation and designed by Creative Director Stuart Vevers, the vision of the Shine Collection is to ‘WEAR YOUR SHINE’. The Collection features playfully expressive silhouettes and colors, with the Tabby bag and new Penn silhouette in metallic and patent leather…
• Retail India News: The Organic World Expands Osh Plant-Powered Home Care Lineup
  7 Nov 2023, indianretailer.com
  The Organic World (TOW), a renowned Responsible Retailer in India and the largest organic and natural retail store chain, has unveiled three new products within its plant-based home care brand, Osh, just as Indian households gear up for the festive season. Based in Bengaluru, the company aims to provide easier access to plant-based home cleaning solutions without straining the monthly budget…
• Warming up to the Future of Retail: Customer Centric, Technology First
  7 Nov 2023, indianretailer.com
  The retail landscape is undergoing a seismic shift, largely propelled by technological advancements. The global pandemic and the ascent of eCommerce have only intensified the influence of technology. Retailers have leveraged technology innovations to enhance efficiency while remaining steadfast in their commitment to customer centricity. The result? Total experiences that delight both customers and employees…
• Phygital Retail: Bridging the Gap Between Online and Offline Shopping in India
  7 Nov 2023, indianretailer.com
  “Phygital” describes the seamless integration of physical and digital experiences, revolutionizing the way consumers shop. This innovative approach combines elements from both the physical and digital realms, creating immersive and convenient shopping encounters. Phygital technology is pivotal in merging online and offline retail, enabling retailers to offer customers a harmonious blend of traditional and online shopping benefits…
• Retail India News: Styched Unveils Revival of Flatheads Sneaker Brand Following Landmark Acquisition
  7 Nov 2023, indianretailer.com
  Styched, the prominent direct-to-customer (D2C) fashion and lifestyle brand, has unveiled the revival of the Flatheads casual sneaker brand after a landmark acquisition agreement. The pre-orders for Flatheads’ signature sneakers are slated to commence on November 9th, with customers having the exclusive option to place their pre-orders through the official Flatheads website…
• Centuary Mattress Aims to Crown Itself India’s Top Mattress Brand with Rs 1,800 cr Target by 2025
  7 Nov 2023, irecwire.com
  With an eye on innovation and diversification, the brand is actively considering entry into the sofa market within the next 1-2 years…
• DeVANS Expands Production in UP, Adds 2 Million Cases to Capacity
  7 Nov 2023, restaurant.indianretailer.com
  This new partnership will increase their production capacity by 24,000 kiloliters, equating to an additional 2 million cases annually…
• Burger Singh to Expand in South India; to Raise $10 MN in Series-B Funding
  7 Nov 2023, restaurant.indianretailer.com
  The chain plans to open 50 outlets (20 in south India & 30 in the North and central India) by the end of FY 23, and a revenue projection of INR 150 Cr in FY23…
• The Power of Picture: How Swiggy’s AI-Fuelled Photoshoot Feature will Elevate Restaurant Menus
  7 Nov 2023, restaurant.indianretailer.com
  With the capability to effortlessly capture and upload stunning menu images at no additional cost, restaurant partners can now captivate more customers and watch their orders soar…
• KidZania India and Air India Forge Notable Partnership to Elevate Aviation Education at Theme Parks
  7 Nov 2023, indianretailer.com
  KidZania India, a globally renowned name in the domain of educational entertainment, and Air India, India’s premier international airline, have joined forces in a multi-year partnership to enhance the aviation academy offerings at KidZania’s theme parks in Delhi NCR and Mumbai. This collaboration represents a significant milestone in KidZania’s history…
• Les Petits Unveils Opulent Range of Ethnic Kids’ Attire for Diwali Celebrations
  7 Nov 2023, indianretailer.com
  Anticipating the forthcoming celebration of Diwali, the festival of lights, Les Petits, the distinguished luxury fashion brand catering to children, introduces a splendid array of ethnic attire for kids. This offering allows children to immerse themselves in the festive atmosphere, as the comprehensive collection from their in-house brand, Rang, exudes opulence while harmonizing with the spirit of festivity…
• Brookfield Properties’ Equinox Business Parks refinances Rs 2,100 crore debt
  6 Nov 2023, realty.economictimes.indiatimes.com
  The property services company has raised the funds from Punjab National Bank to refinance its earlier debt facility that was extended by Housing Development Finance Corporation (HDFC) in two separate tranches in 2018 and 2020…
• Keystone Realtors posts net profit of Rs 4.17 crore in Q2 FY24
  6 Nov 2023, realty.economictimes.indiatimes.com
  Keystone Realtors’ net consolidated total income stood at Rs 633.33 crore in Q2 FY24, a growth of 1,036.63 per cent from Rs 55.72 crore it recorded in the similar quarter last year…
• Reliance Retail ramps up Smart Bazaar stores in small towns
  6 Nov 2023, retail.economictimes.indiatimes.com
  “In the Supermarket India that I see – in modern stores or on digital apps – there are no signs of any downward impact on discretionary spending,” Damodar Mall said. “The narrative of some players that non-food is not growing is not a macro consumer concern, but maybe an insight that they are possibly not updating their operating models enough…
• Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO
  6 Nov 2023, retail.economictimes.indiatimes.com
  Last week, Marico, which owns popular brands like Saffola, Parachute, and Livon, reported 17.2 per cent increase in consolidated net profit for September quarter. However, its revenue from operations marginally reduced to Rs 2,476 crore YoY…
• India top scorer in Asia-Pacific for consumer goods biggies
  6 Nov 2023, retail.economictimes.indiatimes.com
  The renewed optimism of global consumer goods giants comes at a time when industry trackers across products, such as fast-moving consumer goods, groceries, consumer electronics and mobile phones, have been reporting improving demand month-on-month in India with inflation moderating…
• E-comm story over next 5-10 yrs around value lifestyle segment growth, want decent slice of that opportunity: Snapdeal CEO
  6 Nov 2023, retail.economictimes.indiatimes.com
  Since Snapdeal has exited certain categories, the customer numbers and traffic are lower, but the platform is seeing 75 per cent of business from repeat customers, demonstrating buyer stickiness. On whether competition with deep pockets puts Snapdeal at a certain disadvantage, he said, “No, because the market is large and so there will be people looking for honest, good pricing with good control on quality. They will discover and keep coming back to us”…
• Tanishq opens boutique in Singapore, plans 50 stores globally
  6 Nov 2023, retail.economictimes.indiatimes.com
  Tanishq, a jewelry brand from the Tata Group, has plans to establish 50 boutiques worldwide in the long term. Currently, the brand has 13 boutiques in international markets and is actively seeking new locations to serve the global Indian diaspora. The company intends to open boutiques in the United Kingdom, Australia, and Malaysia…
• Delhivery Q2 loss narrows to Rs 103 cr
  6 Nov 2023, retail.economictimes.indiatimes.com
  Logistics company Delhivery on Saturday said its consolidated net loss narrowed to Rs 103 crore in the second quarter ended September 30, 2023. The company had reported a net loss of Rs 254 crore for the year-ago period, it said in a regulatory filing…
• Ladurée’s local arm mulls ₹60 cr offline store expansion
  6 Nov 2023, livemint.com
  CK Lifestyle LLP, a unit of the CK Israni Group, plans to expand luxury pastry chain Ladurée with 20 outlets in India within three years. The company has bought the master franchise rights of the brand and will invest ₹50-60 crore to develop its stores…
• Small versus big: Why less inflation can become a big worry for FMCG giants
  6 Nov 2023, retail.economictimes.indiatimes.com
  ​​According to data from the retail intelligence platform Bizom, smaller product sizes have experienced a more rapid growth rate compared to medium or high-priced alternatives across most FMCG categories, TOI has reported. The data revealed that overall sales decreased by approximately 11% in August 2023 compared to the previous year…
• Small versus big: Why less inflation can become a big worry for FMCG giants
  6 Nov 2023, retail.economictimes.indiatimes.com
  ​​According to data from the retail intelligence platform Bizom, smaller product sizes have experienced a more rapid growth rate compared to medium or high-priced alternatives across most FMCG categories, TOI has reported. The data revealed that overall sales decreased by approximately 11% in August 2023 compared to the previous year…
• Tyson recalls 30,000 pounds of Dino Chicken Nuggets
  6 Nov 2023, retail.economictimes.indiatimes.com
  A limited number of consumers have reported they found small, pliable metal pieces in the product, and out of an abundance of caution, the company said in a release on Saturday that it was recalling this product…
• FMCG players say uneven rainfall impacted rural demand in Q2, hopeful of recovery in coming quarters
  6 Nov 2023, thehindubusinessline.com
  FMCG companies hopeful of improvement in rural demand trends on the back of festival season, MSP increases, government infra spending…
• Raymond’s bet: Be in top-3 or exit
  6 Nov 2023, financialexpress.com
  In real estate, Raymond is considered to be among the top real estate developers in Mumbai…
• India’s 5G smartphone shipment grows to 57% in Q3, Samsung leads: Report
  6 Nov 2023, retail.economictimes.indiatimes.com
  Foldable smartphones experienced remarkable growth, doubling year-on-year. Furthermore, 4G feature phones showed tremendous growth, driven by aspirational India and the demand for companion devices in Urban India,” said Shipra Sinha, Analyst- Industry Intelligence Group, CMR…
• Retail India News: Shree Krishna Paper Mills Earns Best Sustainability Innovator Award 2023 for “Eco-friendly Sustainable Copier Paper”
  6 Nov 2023, indianretailer.com
  Shree Krishna Paper Mills and Industries Ltd (SKPMIL), India’s pioneer in unbleached chemical-free paper innovation, has been honored with the Best Sustainability Innovator Award 2023 for their latest creation, “Eco-friendly Sustainable Copier Paper,” presented by Guardians of the Green, a company dedicated to acknowledging industry innovators in sustainability…
• Retail India News: Tata Tea Addresses Vitamin D Deficiency in India with Innovative Tata Tea Gold Vita-Care
  6 Nov 2023, indianretailer.com
  Despite abundant sunlight, Vitamin D deficiency remains a significant public health concern in India, primarily due to the busy urban lifestyles that confine individuals indoors. As we approach World Vitamin D Day on November 2, Tata Tea unveils its latest survey findings. The survey indicates that a substantial 96 percent of surveyed individuals in key Indian metros, who are aware of the prevalence of Vitamin D deficiency, are keen to address it with convenient solutions. Moreover, 67 percent of respondents expressed their willingness to incorporate everyday food and beverage products as a means to combat this deficiency…
• Retail India News: Lavie Luxe Presents Exquisite Diwali Accessories for the Fashion-Forward in India
  6 Nov 2023, indianretailer.com
  Diwali not only signifies the arrival of happiness and togetherness but also prompts the age-old question of what to wear for the occasion. This sartorial quandary is often accompanied by another pondering: how to accessorize to complement your attire? While selecting the perfect outfit is a significant start, the right choice of accessories is equally pivotal…
• Retail India News: Apparel Group Expands with First-Ever Victoria’s Secret Beauty Store in Pune
  6 Nov 2023, indianretailer.com
  Apparel Group is pleased to announce the opening of the inaugural Victoria’s Secret Beauty concept store at Phoenix Mall of the Millennium in Wakad, Pune. This strategic launch aligns with the conglomerate’s global commitment to introducing innovative retail concepts while expanding its presence in regional markets…
• Retail India News: Swarovski and SKIMS Unite for Dazzling Collaboration
  6 Nov 2023, indianretailer.com
  Swarovski and SKIMS have come together to introduce an exquisite range of body jewelry, intimates, and ready-to-wear apparel. This global launch is scheduled for November 7, 2023, available at the new Swarovski Flagship Store on Fifth Avenue and online at skims.com. Swarovski x SKIMS embodies the harmonious fusion of two iconic brands, blending the opulent extravagance of Swarovski with the innovation of SKIMS’ signature fabrics, resulting in a collection that radiates empowered glamour…
• Retail India News: Mango Man Marks 15th Anniversary with Remarkable Growth and International Expansion
  6 Nov 2023, indianretailer.com
  Mango, a prominent fashion group in Europe, is commemorating the fifteenth anniversary of Mango Man, a leading global menswear brand known for its substantial growth in turnover, retail presence, and international expansion in recent years. Mango Man is on track to achieve a record-breaking turnover of over 325 million euros this year, nearly doubling the 169 million euros achieved in 2020…
• Retail India News: Amazon.in’s ‘Dhanteras Store’ for a Prosperous Festive Season
  6 Nov 2023, indianretailer.com
  Amazon.in welcomes the most prosperous time of the year with its ‘Dhanteras Store.’ This curated selection offers customers in India a wide array of products, including gold and silver coins, festive jewelry, pooja items, groceries, household essentials, home decor, electronics, large appliances, smartphones, accessories, digital gold, and much more…
• Retail India News: MARS Cosmetics Debuts ‘MARS Beautiverse’ at Nykaaland
  6 Nov 2023, indianretailer.com
  MARS Cosmetics, a renowned beauty brand celebrated for its innovative approach, is poised for a remarkable debut at the upcoming Nykaaland Festival with the launch of ‘MARS Beautiverse.’ The brand is set to introduce exclusive festive gifting hampers crafted for beauty enthusiasts, available exclusively at Nykaaland. This highly-anticipated festival is scheduled from the 3rd to the 5th of November in Mumbai, representing India’s pioneering beauty and lifestyle extravaganza. MARS Cosmetics eagerly anticipates its role alongside global beauty trendsetters at this prestigious event…
• Retail India News: Luxaddi Introduces Exquisite Lighting Collection to Elevate Winter Decor
  6 Nov 2023, indianretailer.com
  Luxaddi, a well-known provider of luxurious home decor, is pleased to announce the launch of its striking new lighting collection, designed to infuse elegance and warmth into your winter celebrations. This latest collection stands as a testament to the brand’s dedication to craftsmanship and aesthetics, offering discerning customers an exquisite array of lighting solutions…
• Retail India News: Signify Launches Philips Direct-to-Consumer (D2C) Website
  6 Nov 2023, indianretailer.com
  Signify, the global leader in lighting, is excited to introduce its Philips Direct-to-Consumer (D2C) website, a pioneering initiative set to transform the way customers engage with lighting. The new platform, In.shop.lighting.philips.com by Signify India, offers an extensive selection of over 1000 consumer products across various categories, emphasizing ease, convenience, and accessibility for its esteemed customers…
• How Gummies Changed the Health Narrative
  6 Nov 2023, irecwire.indianretailer.com
  With more and more people accepting these nutrient-rich supplements as an add-on in their daily lives, it is soon expected that the average consumer to switch to consuming gummies for their nutritional requirements…
• IMFL Maker Tilaknagar Industries Net Profit Rises 130 Per Cent to Rs 32 Crore in Q2
  6 Nov 2023, restaurant.indianretailer.com
  In the quarter ended September 2023, Tilaknagar Industries’ sales volumes increased to 28.5 lakh cases as against 24.3 lakh cases in the same period last year…
• Reliance Retail to acquire Arvind Fashions’ beauty retail business
  4 Nov 2023, retail.economictimes.indiatimes.com
  Over consideration of sales, the company said: “transaction has been done at an enterprise value of Rs 216 crore towards the sale of the entire equity stake and repayment of loans. The Purchase consideration towards the sale of the entire equity stake is Rs 99.02 crore…
• Titan Q2 income jumps 24%, net profit rises to Rs 916 cr
  4 Nov 2023, retail.economictimes.indiatimes.com
  Caratlane, in which Titan recently acquired an additional 27.2 per cent stake for Rs 4,621 crore, saw its income increase by a whopping 45.1 per cent YoY to Rs 650 crore for the September quarter…
• Zomato records Rs 36 cr profit, revenues rise by 71%
  4 Nov 2023, retail.economictimes.indiatimes.com
  This is the second consecutive quarter for Zomato reporting net profits. During the same period last year, the company’s losses stood at Rs 251 crore…
• Swiggy’s hires former-Amazon executive Dipak Krishnamani to head Swiggy Mall, senior V-P Karthik Gurumurthy to exit
  4 Nov 2023, thehindubusinessline.com
  Foodtech major seeing a spurt in top-level exits in recent months Foodtech major Swiggy’s Karthik Gurumurthy, Senior Vice-President (SVP), is set to exit the firm, according to sources…
• Home decor brand Nestroots eyes robust expansion in offline and international markets
  4 Nov 2023, retail.economictimes.indiatimes.com
  It is expected that by the end of this month, the brand will be raising Rs 3 crore at Rs 27.5 crore post-money valuation by diluting 8 per cent equity…
• Demand for air purifiers, masks surge as Delhi-NCR grapples with rising air pollution
  4 Nov 2023, retail.economictimes.indiatimes.com
  When compared to the last year, the surge in the demand for air purifiers this year has just started to grow up, another shopkeeper in Ghaziabad said, while adding that the sale of air purifiers is expected to further swell up in the coming days…
• Luxury brands script clause to share space with equals at Jio World Plaza
  4 Nov 2023, retail.economictimes.indiatimes.com
  Several super-luxury brands in the newly inaugurated Jio World Plaza luxury mall in Mumbai have stipulated that a minimum of four top brands, such as Louis Vuitton, Gucci, Cartier, Burberry, Tiffany, Valentino, Bulgari, Zegna, Giorgio Armani, and Bottega Veneta, should operate within the same complex to maintain their brand exclusivity. Copies of agreements between Reliance Industries, the mall’s owner, and five brands revealed this requirement. While many brands seek exclusivity clauses in malls to avoid direct competition, super-luxury brands in this case want similar brands nearby to attract a consistent buyer profile…
• Rural demand slows down for FMCG
  4 Nov 2023, livemint.com
  Rural markets had reported a 4% volume growth in the June quarter after reporting a 0.3% jump in March quarter volumes…
• Zomato food business performance largely in line; Blinkit profitability a big silver lining: Karan Taurani
  4 Nov 2023, retail.economictimes.indiatimes.com
  “In Blinkit business, the contribution margins have turned positive for the first time and the revenue growth here has been quite stellar versus the GOV growth and clearly, there is an indication that they are trying to increase throughput per store and increase the number of orders per store which will take them closer to a path to breakeven for profitability…
• Marlboro India seller Godfrey Phillips posts 8% pre-tax profit drop; shares fall
  4 Nov 2023, retail.economictimes.indiatimes.com
  The company, which manufactures and distributes Marlboro cigarettes under a license agreement with Philip Morris International, said profit before tax in the second quarter fell 8.2% to 2.19 billion rupees, as expenses surged nearly 20%…
• Apparel Group launches Victoria’s Secret Beauty concept store in Pune
  4 Nov 2023, retail.economictimes.indiatimes.com
  “The opening of this store is a testament to our mission of providing the most desirable international brands to discerning customers,” said Tushar Ved, president, Apparel Group India…
• Whirlpool of India Q2 profit down 22 pc to Rs 38 cr
  4 Nov 2023, retail.economictimes.indiatimes.com
  Revenue from operations was down 5.58 per cent to Rs 1,521.56 crore during the quarter under review against Rs 1,611.54 crore…
• India’s Orient Electric posts Q2 profit on one-time gain, steady demand
  4 Nov 2023, retail.economictimes.indiatimes.com
  Its revenue from operations grew over 11%, while expenses rose 9.4% and tax charges surged twelvefold…
• ‘India ko samajhna hai toh Banaras jaiye’: Kishore Biyani’s wily tip to retailers
  4 Nov 2023, businesstoday.com
  Future Group founder Kishore Biyani said that he used to visit Varanasi a lot. He called Varanasi the most fascinating city in India…
• Sephora and Reliance Retail Ventures Collaborate to Transform Beauty Retail in India
  4 Nov 2023, indianretailer.com
  Sephora, the globally renowned omni-channel prestige beauty retailer, has unveiled a strategic partnership with Reliance Beauty and Personal Care Limited, a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL). This alliance aims to propel and redefine the future of prestige beauty retail in India. Under the partnership, RRVL gains exclusive rights to expand and elevate Sephora’s presence across various retail channels in India…
• Online vs. In-Store Shopping: Exploring the Advantages and Disadvantages
  4 Nov 2023, indianretailer.com
  The dilemma of shopping online or in retail markets has been on every conventional shopper’s mind. In the initial days of online retail shopping being introduced, there was apprehension about trust & quality as individuals were used to asking our set of questions to the shopkeeper, trying the outfits, feeling the fabrics, checking for damages, bargaining for the best price, comparing with other shopkeepers, etc. All these parameters have been adapted very well in the online e-commerce section. Retail online shopping made its first impression in the early 2000s, marking its big boom in 2012…
• Retail India News: Croma’s ‘Festival of Dreams’ Brings Exciting Diwali Offers in India
  4 Nov 2023, indianretailer.com
  Croma, a Tata Enterprise, is set to fulfill your Diwali dreams with its annual ‘Festival of Dreams’ campaign. Running until November 15, 2023, the campaign offers a plethora of dream deals and highly anticipated discounts across Croma’s stores, Croma.com, and Tata Neu website across various categories, including Smart TVs, Laptops, Washing Machines, ACs, Refrigerators, Smartphones, and more. As a testament to its customer-centric approach, Croma is poised to turn your dreams into reality with a wide range of discounts and offers in Croma stores and on the website Croma.com and Tata Neu. ..
• Retail India News: Pantaloons Unveils Innovative Pantaloons OnLoop Store in JP Nagar, Bengaluru
  4 Nov 2023, indianretailer.com
  Pantaloons, a leading fashion brand in India under the banner of Aditya Birla Fashion and Retail Ltd., has taken a historic stride in revolutionizing the fashion retail landscape with the grand inauguration of its inaugural Pantaloons OnLoop store in JP Nagar, Bengaluru…
• Retail India News: Urban Square Mall Transforms into a Cultural Delight for Diwali
  4 Nov 2023, indianretailer.com
  Urban Square Mall, Udaipur’s leading shopping and entertainment destination, is set to captivate and enthrall its visitors with a vibrant Diwali Bazaar. From November 3rd to 15th, the mall will offer a splendid Diwali shopping experience, adorned with decor inspired by the majestic Ram Setu, a first-of-its-kind in the region. This artistic tribute to our rich cultural and religious heritage enhances the significance of the Diwali celebrations…
• Retail India News: Emma Enters the Indian Mattress Market with a Focus on Quality Sleep
  4 Nov 2023, indianretailer.com
  Emma has recently made its debut in the Indian online mattress retail sector, bringing with it its globally renowned Airgocell foam and Aeroflex spring suspension mattresses. In 2022, the company achieved revenue exceeding $1 billion worldwide. “We see India as an exciting market for our mattresses. For that, our sleep scientists worked to understand the sleep preferences of Indians and adapted our global mattresses accordingly,” explained Karthik Mohan, India Head of Emma…
• How BVPPL Masters Brand Awareness and Product Diversification in Indian FMCG Space
  4 Nov 2023, indianretailer.com
  In the ever-changing paradigm of the world of consumer goods, Bhaskar Venkatesh Products Private Limited, BVPPL as it is popularly known, has etched its path to success with an expansion strategy rooted in a commitment to entering new markets and diversifying its product offerings. Over the years, the company has refined this strategy, and built upon several key elements that are fundamental to its continued growth and resilience. In an interaction with Govind Goyal, Founder, BVPPL, he admitted that building and enhancing brand awareness, key product placements, and reliable distributors have been the route to success…
• 5 Beauty Brands that are Breaking India’s Vast Beauty Retail Segment
  4 Nov 2023, indianretailer.com
  As the festive season draws near, there is an unspoken rule that one’s skin should shine as brilliantly as the dazzling celebrations. In this quest for luminous radiance and a vibrant glow, one need not go it alone. We have curated a list of five must-have beauty products that are poised to become one’s skin’s best allies, ensuring it radiates with the same brilliance and confidence as one’s carefully chosen festive attire and accessories…
• Retail India News: Royal Challenge Celebrates Indian Cricket with Grand Anamorphic Displays and Graffiti Art
  4 Nov 2023, indianretailer.com
  Amidst the enthralling cricket season that captivates cricket enthusiasts, prepare to ‘#CHOOSEBOLD’ and immerse yourself in a realm of cricketing excellence, artistry, and unbridled passion. Royal Challenge Packaged Drinking Water proudly presents the nation’s largest freestanding 3D Anamorphic Hoardings in Mumbai and Hyderabad. In honor of the remarkable achievements of the Indian cricket team, Royal Challenge is delighted to unveil a series of captivating Anamorphic 3D displays across the country that will leave you spellbound…
• Retail India News: Amorepacific India Joins Nykaaland for a Unique Beauty Experience
  4 Nov 2023, indianretailer.com
  Amorepacific India, a prominent chain of K beauty brands, is thrilled to announce its significant participation in the Nykaaland event. This event promises to be a truly distinctive beauty adventure…
• Retail India News: Anupama Priyadarshini Joins ONDC as Senior VP for Governance and Compliance
  4 Nov 2023, indianretailer.com
  The Open Network for Digital Commerce (ONDC), an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, has recently welcomed Anupama Priyadarshini to its team. In her role as Senior Vice President for Corporate Governance, Risk, Compliance, and Investor Relations, she is poised to play a pivotal role in enhancing governance, risk management, compliance, and investor relations within the ONDC network, further reinforcing its commitment to excellence and responsible business practices…
• The Sweet Success: How Bakery Industry has Grown over the Years
  4 Nov 2023, irecwire.indianretailer.com
  The bakery products have long been basic food products for human nutrition. The convenience, accessibility and nutrition profile associated with them are the major factors of their sustenance in the modern market…
• Costa Coffee and Chef Shivesh Bhatia Join Forces to bring Diwali Inspired Menu
  4 Nov 2023, thehindubusinessline.com
  Costa Coffee aims to establish additional establishments in the top 8-10 major Indian cities…
• IHG Expands Punjab Portfolio with 350 Key Dual Hotel Signing
  4 Nov 2023, restaurant.indianretailer.com
  These hotels are currently in the construction phase and are set to welcome guests in January 2027..
• Burgrill and Goila Butter Chicken Unite for Culinary Fusion
  4 Nov 2023, restaurant.indianretailer.com
  Chef Saransh Goila’s Makhani Gravy and Burgrill’s burger combine forces to craft a fusion that is priced at just Rs. 299…
• Onitsuka Tiger Unveils Autumn Winter 2023 Collection with India Brand Advocate Rashmika Mandanna
  4 Nov 2023, indianretailer.com
  Onitsuka Tiger, the renowned Japanese brand celebrated for its high-quality footwear and apparel, has launched its latest Autumn Winter 2023 collection, with India’s brand advocate Rashmika Mandanna showcasing these distinctive looks…
• Apple posted record India revenue in Q4 2023: Tim Cook
  3 Nov 2023, retail.economictimes.indiatimes.com
  Apple set record revenues for iPhones in India, among other emerging markets. Cook said iPhone revenue came in ahead of the company’s expectations, setting an “all-time record” in India, among quarterly records in other markets…
• Dabur Q2 Results: PAT rises 5% YoY to Rs 515 crore; dividend declared at Rs 2.75/share
  3 Nov 2023, retail.economictimes.indiatimes.com
  Revenue from operations increased 7% year-on-year to Rs 3,204 crore in the reporting period. The Board has also approved an interim dividend of Rs 2.75 per equity share for the financial year 2023-24….
• Britannia flags ‘clear’ signs of slowdown in rural economy
  3 Nov 2023, retail.economictimes.indiatimes.com
  FMCG major Britannia Industries has raised concerns over clear signs of a slowdown in the rural economy, said the company in the concall. On Wednesday, the company posted a 19% year-on-year (YoY) growth in consolidated net profit for the quarter ended September to Rs 588 crore. The numbers surpassed expectations of ET Now which predicted Rs 533 crore…
• LG India’s revenue crosses Rs 20,000 cr mark in FY23
  3 Nov 2023, retail.economictimes.indiatimes.com
  LG Electronics India, the country’s largest home appliance manufacturer, achieved a revenue of ₹20,112 crore in FY23, marking a 17% year-on-year growth. Additionally, the company reported a 14% year-on-year increase in profit after tax to ₹1,345 crore for the fiscal year. Although the filings did not provide specific reasons for the increase in sales and net profit, LG’s home appliances segment, including refrigerators, washing machines, air conditioners, and televisions, contributed bulk of the sales for the year. In contrast, rival Samsung India’s home appliance business sales in FY23 amounted to ₹11,844 crore…
• Hasbro India focusing on strengthening vendor base, launching new brands: Country Manager Lalit Parmar
  3 Nov 2023, retail.economictimes.indiatimes.com
  “We are one of the biggest players which imports toys and have a big vendor ecosystem for manufacturing. We recognize the importance of India, both as a market and a manufacturing hub.”…
• AJIO forays into D2C-focused interactive commerce with AJIOGRAM
  3 Nov 2023, retail.economictimes.indiatimes.com
  Vineeth Nair, CEO, AJIO, said, “The emerging new generation of shoppers seek more than just a product from the brand; they seek a vision and a purpose….
• Clothing brand Bhaane launches NBA online merchandise store
  3 Nov 2023, retail.economictimes.indiatimes.com
  “The NBA is one of the largest sports leagues globally, and we’re excited to collaborate with them on their official online store in India,” said Anand Ahuja, founder and CEO, Bhaane…
• Majority of Indians check sellers’ rating online, scan social media presence before ordering: Report
  3 Nov 2023, retail.economictimes.indiatimes.com
  According to the survey, about 96 per cent of the consumers geared up for pent-up purchases online during the festive season…
• GenZs seek convenience along with selection and accessibility while shopping online: Myntra
  3 Nov 2023, retail.economictimes.indiatimes..com
  “They are seeking an enhanced user experience from platforms – from easy access to products by brands, including globally renowned brands, to same-day delivery, thereby translating into greater convenience,” said Santosh Kevlani, VP – banking, payments and cards, Myntra…
• Blackberrys eyes Rs 1,500 crore revenue in FY24; accelerates its offline and e-commerce expansion
  3 Nov 2023, retail.economictimes.indiatimes.com
  Speaking on the growth and expansion of the brand, Sethuraman said, “We are looking at three to four times growth in the next four to five years. During this period, we want to open about 400 stores across the country.”..
• VLCC ramping up investments on clinics, D2C channel
  3 Nov 2023, thehindubusinessline.com
  Company investing about ₹100 crore in this fiscal on services biz, ramping up assisted channel for products Beauty and wellness company VLCC is investing about ₹100 crore in upgrading existing clinics as well as adding new outlets. The company, which acquired men’s grooming brand Ustraa earlier this year, is also strongly investing in strengthening its presence on the e-commerce channel. The company said it is open to other inorganic growth opportunities…
• In Q3 and Q4, we should be able to recover whatever we have lost in Q1 and Q2: Adani Wilmar management
  3 Nov 2023, retail.economictimes.indiatimes.com
  “In exports, we have a two-brand strategy. One is Fortune and one is Jubilee brand. We now export to almost 50 countries. And we are now exporting branded Atta, Chakki Fresh Atta Fortune to Europe and the US as well. We are there in the Middle East, Southeast Asia and Australia…
• Prataap Snacks Standalone September 2023 Net Sales at Rs 433.70 crore, up 7.03% Y-o-Y
  3 Nov 2023, moneycontrol.com
  Reported Standalone quarterly numbers for Prataap Snacks are:Net Sales at Rs 433.70 crore in September 2023 up 7.03% from Rs. 405.22 crore in September 2022….
• Frozen foods startup FroGo raises $1.15 million in seed round
  3 Nov 2023, retail.economictimes.indiatimes.com
  The firm said it will utilize the funds for expanding operations to 4 cities across North, West and South zones of India with its warehouses, 50 dark stores & distribution network, and building technology with fully integrated temperature monitoring…
• Traders in Noida, Ghaziabad upbeat on festive sales
  3 Nov 2023, retail.economictimes.indiatimes.com
  Traders in GB Nagar and Ghaziabad are expecting sales of around Rs 5000 to 5500 crores during the festive period this year, compared to Rs 4500 to Rs 5000 crores last year. The festive period, which started on Raksha Bandhan on August 21, will continue until after Diwali on November 23. Various festivals such as Durga Puja, Navratri, Karva Chauth, and Dhanteras are contributing to the increase in sales. Silver Karvas and jewellery are in high demand, and other popular items include furniture, automobiles, household goods, clothing, and electronics…
• Offline sales dominate in India’s retail industry, 10% shoppers prefer shopping in ‘only online’ mode: Report
  3 Nov 2023, livemint.com
  Despite the proliferation of online marketplaces, offline sales have continued to dominate the Indian retail ecosystem, a report claimed…
• Retail India News: Bombay Shirt Company Expands Offline Presence to Jaipur, Opens 17th Store
  3 Nov 2023, indianretailer.com
  Bombay Shirt Company, known for its distinction as India’s first online custom-made shirt brand since its inception in 2012, has inaugurated its 17th store in the country, marking its debut in Jaipur…
• UNIQLO Expands Retail Presence in India with Faridabad Store Debut
  3 Nov 2023, indianretailer.com
  UNIQLO, the renowned Japanese global apparel retailer, is pleased to announce the opening of its latest store in Faridabad. This store marks UNIQLO’s entry into Faridabad, becoming the 8th store in the Delhi NCR region and the 13th store across India. Situated within The Mall of Faridabad, the new store extends UNIQLO’s renowned shopping experience to the Faridabad community, offering a comprehensive selection of LifeWear – characterized by its high quality, thoughtful design, and functional clothing…
• Retail India News: Reliance Retail Expands Presence with Yousta Store Debut in Karnataka
  3 Nov 2023, indianretailer.com
  Reliance Retail, India’s premier retail giant, has unveiled its latest Yousta store on Lingadagudi Road in Karnataka. After successfully establishing itself in Telangana, Chhattisgarh, Kerala, and Maharashtra, Reliance Retail’s youth-focused fashion brand is making its first appearance in Karnataka. Yousta has been rapidly expanding its footprint across India since its launch in August this year…
• Retail India News: Tata CLiQ Palette Expands Innovative Omni-Channel Beauty Retail in Pune
  3 Nov 2023, indianretailer.com
  Tata CLiQ Palette, a trailblazing beauty retail concept within the Tata Group, has unveiled its second omni-channel beauty retail destination at Kopa Mall in Pune, India. This significant development closely follows the success of its inaugural store at Nexus Seawood Mall in Navi Mumbai, marking a remarkable step in the brand’s mission to revolutionize traditional beauty retail by seamlessly integrating technology to deliver an authentic and personalized beauty experience…
• Retail India News: MiniKlub Expands Retail Presence with 9th Store Opening in Kota, Rajasthan
  3 Nov 2023, indianretailer.com
  MiniKlub, one of India’s premier babywear brands, is pleased to announce the inauguration of its ninth store in Kota, Rajasthan, marking a significant milestone in the brand’s ongoing expansion. This strategic move closely follows the successful establishment of MiniKlub’s stores in Dausa, Jhunjhunu, and Bhilwara, underscoring the company’s unwavering dedication to becoming a comprehensive retail destination for parents…
• Bulgari Expands Retail Presence in India with Mumbai Boutique
  3 Nov 2023, indianretailer.com
  Bulgari, renowned for its Italian art of living, celebrates the inauguration of its new boutique in Mumbai today, nestled in the heart of Jio World Plaza, a thriving center for commerce and culture. This architectural marvel has been envisioned by the globally acclaimed architect, Peter Marino, who masterfully interweaves precious materials, textures, and light, echoing Bulgari’s unwavering commitment to impeccable craftsmanship…
• Retail India News: MS Dhoni and Zed Black Celebrate Collective Prayers in Exciting Collab
  3 Nov 2023, indianretailer.com
  Zed Black Agarbatti, a well-known manufacturer of premium incense products, has joined forces with former cricket legend MS Dhoni in a partnership that celebrates the power of collective prayers during the ongoing ICC Cricket World Cup 2023. This collaboration symbolizes unity and the spirit of collective goodwill…
• Retail India News: Adani Wilmar Reports Strong Quarter Amidst Edible Oil Challenges
  3 Nov 2023, indianretailer.com
  Adani Wilmar Limited has posted a robust quarter, with a remarkable 18 percent YoY volume growth in H1’24 and 11 percent YoY in Q2’24. This growth can be attributed to an improvement in consumer demand, favorable edible oil prices, efficient supply chain management, and successful branded sales in both edible oil and food categories. However, sales revenue decreased by 13 percent YoY in both H1’24 and Q2’24 due to a significant correction in edible oil prices…
• Retail India News: AJIO Introduces AJIOGRAM, a Content-Driven D2C Retail Platform
  3 Nov 2023, indianretailer.com
  AJIO, India’s leading fashion e-tailer, has unveiled AJIOGRAM, an interactive e-commerce platform with a strong focus on direct-to-consumer (D2C) initiatives. Through this endeavor, AJIO seeks to support Indian fashion startups that are challenging conventions with their innovative products and visionary approach…
• Click & Mortar: The Evolution of India’s Retail Ecosystem
  3 Nov 2023, indianretailer.com
  More than 80 percent of Indian retailers do not see e-commerce as a threat, finds the NeoInsights study – ‘Click & Mortar: The Evolution of India’s Retail Ecosystem’ – released today by NeoGrowth, the MSME-focused NBFC in India, leveraging the digital ecosystem…
• Retail India News: NBA Collabs with Bhaane for NBAStore.in Launch in India
  3 Nov 2023, indianretailer.com
  The National Basketball Association (NBA) and Bhaane Private Limited (Bhaane), a renowned contemporary clothing brand in India, have announced a multiyear collaboration to launch and operate NBAStore.in. This online store aims to provide fans in India with the most extensive selection of official NBA merchandise available in the country…
• Retail India News: WoodenStreet Achieves Impressive Growth in Home Retail Sector
  3 Nov 2023, indianretailer.com
  WoodenStreet, a prominent home furniture and decor brand in India, has exhibited significant growth, boasting approximately a 50 percent increase in margins compared to the previous year. Founded in 2015 by Lokendra Ranawat, Dinesh Pratap Singh, Virendra Ranawat, and Vikas Baheti, the Rajasthan-based startup recently announced remarkable growth for FY22-23…
• Accor Opens its 24th Novotel Property in India
  3 Nov 2023, restaurant.indianretailer.com
  The hotel’s proximity to the Jaipur Exhibition & Convention Centre (JECC), is renowned as South Asia’s premier purpose-built, state-of-the-art venue for exhibitions, conventions, and entertainment…
• ABD Launches ‘PremBrands’ to Focus on Premium Brands
  3 Nov 2023, restaurant.indianretailer.com
  The company also announced the appointment of Ankur Sachdeva as the Chief Revenue Officer. He will re-engineer the current and new lines of revenue to deliver rapid growth and enhanced product margins…
• Orchid Hotels Expands its Portfolio with the Opening of IRA in Nashik
  3 Nov 2023, restaurant.indianretailer.com
  The hotel features two dining establishments: ‘Makeba’ for an al fresco culinary adventure and ‘Crossroads’ for a more formal dining experience suitable for families and corporate gatherings, offering a diverse menu that includes authentic Indian cuisine…
• Birdhichand Ghanshyamdas Jewellers Unveils Exquisite Diamond Jewelry Collection
  3 Nov 2023, indianretailer.com
  Birdhichand Ghanshyamdas Jewellers, a celebrated name synonymous with luxury and timeless artistry, proudly presents its latest collection of diamond jewelry. This splendid array is painstakingly crafted to enchant both connoisseurs and fashion enthusiasts. With an unyielding commitment to excellence and enduring aesthetics, the brand continually establishes new standards in luxury and sophistication…
• NBA Collabs with Bhaane for NBAStore.in Launch in India
  3 Nov 2023, indianretailer.com
  The National Basketball Association (NBA) and Bhaane Private Limited (Bhaane), a renowned contemporary clothing brand in India, have announced a multiyear collaboration to launch and operate NBAStore.in. This online store aims to provide fans in India with the most extensive selection of official NBA merchandise available in the country…
• Ashwin Sheth Group’s Festive Season Campaign #Hamaridevihamareghar
  2 Nov 2023, rprealtyplus.com
  As the festive season is around the corner and Navratri just concluded, the echoes of its celebration continue to resonate through an exceptional and inspiring campaign #WelcomingDevi executed by Ashwin Sheth Group, conceptualized by Gozoop Group, and cinematically crafted by Realatte Ventures…
• Coca-Cola India consolidated profit jumps 57% to Rs 722.4cr in FY23, ad expenses up 52%
  2 Nov 2023, retail.economictimes.indiatimes.com
  Coca-Cola India’s total income on a consolidated basis was at Rs 4,608.51 crore, up 44.36 per cent in FY23. It was at Rs 3,192.17 crore a year before…
• Adani Wilmar reports Rs 131 cr net loss in Jul-Sep quarter on sluggish edible oil biz
  2 Nov 2023, retail.economictimes.indiatimes.com
  The total expenses of Adani Wilmar – an equal joint venture between business conglomerate Adani Group and Singapore-based Wilmar – stood at Rs 12,439.45 crore during the second quarter of this fiscal against Rs 14,149.62 crore in the year-ago period…
• Godrej Consumer Q2 revenue rises 6%; net profit jumps to Rs 433 cr
  2 Nov 2023, retail.economictimes.indiatimes.com
  In its investor presentation, Godrej Consumer highlighted that it saw strong margin expansion across key markets. Its overall EBITDA margin during the quarter improved by 19.7 per cent, with India leading the margin growth followed by Indonesia, Africa, USA and Middle East, and Latin America and SAARC…
• Britannia Q2 net profit rises 20% to Rs 587 crore, sales flat at Rs 4,370.5 crore
  2 Nov 2023, retail.economictimes.indiatimes.com
  Executive Vice-Chairman and Managing Director Varun Berry said, “Our potential in rural continues to remain high and hence, expansion in rural distribution continued despite reported rural slowdown. We have progressed well on our digital journey with digital marketing gaining momentum and leveraging digitalization to enhance decision making & fine-tuning distribution reach…
• Relaxo Footwears’ PAT nearly doubles to Rs 44.19 crore in Q2 FY24
  2 Nov 2023, retail.economictimes.indiatimes.com
  Relaxo Footwears’ total income grew to Rs 725.86 crore in Q2 FY24 as compared to Rs 675.31 crore in Q2 FY23. The robust recovery in volumes, mainly led by open footwear, served as the primary driver for revenue growth…
• What led Marico to upgrade margin guidance for FY24? Saugata Gupta explains
  2 Nov 2023, retail.economictimes.indiatimes.com
  “We have already taken price drops in Parachute and Saffola because both are, in terms of the price, premium sensitive. We are also taking tactical calls in terms of whether we have to do pricing on consumer offers and all that. You are absolutely right that we have to have the right price…
• We are in route to becoming a total FMCG company and focus is on growth businesses doing well: Sunil D’Souza, Tata Consumer
  2 Nov 2023, retail.economictimes.indiatimes.com
  “On a MAT basis, there’s a little bit of bleed on share, but quarter-to-quarter, it is now stable and I remain confident that now that we have got our infrastructure almost fully in place, we have still got to build out some rural distributors and powering it with A&P. We have been a good place to start getting the trajectory up. Quarter-on-quarter, now the shares are stable…
• retail.economictimes.indiatimes
  2 Nov 2023, retail.economictimes.indiatimes.com
  The report further highlighted that around 90 per cent of respondents said that they make more than half of their sales via offline channels. Key industries with top contributions from offline channels included consumer durables and electronics, food and beverage, and FMCG…
• Indians splurge big on festive season sales, buoying economy
  2 Nov 2023, retail.economictimes.indiatimes.com
  Sales at online platforms like Amazon.com Inc., and Walmart Inc.-owned Flipkart was up by almost a fifth in the first week of the festive sales from a year ago. Digital transactions recorded by Unified Payments Interface surged about 40% in October from a year earlier…
• Apparel brand Rangita reports 6.5X growth in demand
  2 Nov 2023, retail.economictimes.indiatimes.com
  In terms of products, the company said that its occasion wear portfolio has seen strong demand in the Rs 900-1200 price range. Further, the retailer added that its regular daywear portfolio has witnessed a surge in demand for items priced between Rs 500-700…
• UK clothing retailer Next raises profit outlook again
  2 Nov 2023, retail.economictimes.indiatimes.com
  Next expects inflationary headwinds to continue to ease in its 2024/25 year, but has cautioned that a softening of the labour market may dampen growth in consumer demand…
• ADF Foods Q2 net profit rises to Rs 15 crore
  2 Nov 2023, moneycontrol.com
  It had clocked a net profit of Rs 13.6 crore in the year-ago period, the company said in a statement on October 31…
• Indian alcoholic beverage industry may reach $64 billion over the next 5 years
  2 Nov 2023, retail.economictimes.indiatimes.com
  Nita Kapoor, chief executive of the ISWAI, said: “The alcohol industry holds a vital position within the national economy, presenting opportunities for growth, job creation, and revenue generation. As we look to the future, the importance of the alcohol industry in India is poised to expand. Therefore, it is crucial to simplify its operational complexities, enhance its Ease of Doing Business (EODB), and unlock its full potential for growth…
• “Hope it become best mall in the world”: Nita Ambani at Jio World Plaza launch
  2 Nov 2023, retail.economictimes.indiatimes.com
  Nita Ambani, the founder and chairperson of Reliance Foundation, attended the grand launch of Jio World Plaza in Mumbai, expressing her excitement for the project. Jio World Plaza, strategically located in the Bandra-Kurla Complex (BKC) in Mumbai, opened to the public on November 1…
• New-age, self-service kirana stores are transforming India’s retail dynamics
  2 Nov 2023, livemint.com
  With India’s economic growth, digital evolution, and societal changes, kiranas, too, have been evolving. (File Photo: Bloomberg)..
• Retail India News: Lotus Electronics Expands Product Portfolio with LG G2 97” 4K OLED TV
  2 Nov 2023, indianretailer.com
  Lotus Electronics, a leading electronics retail chain in Central India, is thrilled to announce the grand launch of the LG G2 97” 4K OLED, a revolutionary television that will be unveiled today at Lotus Electronics in Indore…
• Retail India News: Kent Introduces Innovative Cookware Lineup for Safer, Eco-Friendly Cooking
  2 Nov 2023, indianretailer.com
  Kent, a pioneer in RO Water Purifiers and known for its innovative kitchen appliances, is delighted to present a diverse range of kitchen essentials, perfectly timed for the festive season. Kent’s new assortment of cookware, featuring Hard Anodised Pressure Cookers, Anodised Kadhai, Sauce Pan, Frying Pan, Roti Tawa, Dosa Tawa, Healthy Tri-Ply Pressure Cooker, and more, marks a significant transition towards healthier and environmentally friendly cooking…
• Adani Wilmar’s Resilience: 18 pc Volume Growth in Edible Oils amidst Industry Challenges
  2 Nov 2023, indianretailer.com
  Adani Wilmar Limited (AWL), a key player in India’s food and fast-moving consumer goods (FMCG) sector, has demonstrated resilience in a challenging year for edible oils. In the first half of fiscal year 2023-24 (H1 FY24), AWL achieved an impressive 18 percent volume growth across all segments…
• Retail India News: Revolutionary Fashion Meets Iconic Craftsmanship: Rabanne H&M Collection Debuts
  2 Nov 2023, indianretailer.com
  A groundbreaking fusion of futuristic design and innovative craftsmanship is set to captivate the fashion-conscious retail market in India as the highly anticipated Rabanne H&M collaboration makes its debut. Drawing inspiration from the iconic 1960s creations of the late founder of Paco Rabanne, the collection has been rejuvenated under the creative direction of Julien Dossena since 2013…
• Blue Star’s Q2FY24 Report: 66 pc Surge in Net Profit Signals Strong Growth
  2 Nov 2023, indianretailer.com
  Blue Star, a leading name in the Indian air conditioning and cooling solutions industry, has reported exceptional financial results for the second quarter of fiscal year 2023-24 (Q2FY24). The company witnessed a remarkable 66 percent increase in its net profit, which reached Rs 70.77 crores. This strong performance is attributed to several key factors, including improved demand for room air conditioners post a challenging summer season affected by unseasonal rains…
• Retail India News: ABD Shifts Focus to Premium Brands with ‘PremBrands’ Vertical
  2 Nov 2023, indianretailer.com
  In a strategic move aimed at embracing premiumization in the Indian alcohol retail sector, Allied Blenders and Distillers Limited (ABD) is undergoing a significant transformation by transitioning towards a higher-value portfolio. This new direction is exemplified by the launch of a dedicated business vertical known as ‘PremBrands,’ which will exclusively cater to ABD’s premium brand portfolio. The existing range of premium brands includes Sterling Reserve B10 Whisky, X&O Whisky, Srishti Whisky, and Kyron Brandy, and ABD has plans to introduce a series of additional premium brands shortly…
• Retail India News: Callebaut Strengthens Ties with Chef Arvind Prasad as Brand Ambassador
  2 Nov 2023, indianretailer.com
  Callebaut, renowned for its authentic Belgian chocolates with a century-old legacy, is pleased to announce its ongoing collaboration with acclaimed Chef Arvind Prasad, who will serve as its brand ambassador in India for the second consecutive year. This partnership is of great significance to Callebaut, as it aims to strengthen its relationships with partners and demonstrate the diverse applications of its chocolate products…
• Retail India News: Michael Kors Unveils Holiday 2023 Advertising Campaign
  2 Nov 2023, indianretailer.com
  Michael Kors is delighted to introduce the Holiday 2023 advertising campaign for MICHAEL Michael Kors and Michael Kors Mens, captured by the lens of photographer Lachlan Bailey and featuring the talented ensemble of Felice Nova Noordhoff, He Cong, Blesnya Minher, Arnelle Slot, and Baptiste Radufe. This season, they embark on a journey through the picturesque streets of Paris, embracing the vibrant essence of this enchanting city. From soirées in the city to moments in the spotlight beneath the iconic Eiffel Tower, Bailey’s visuals beautifully encapsulate the opulent vibrancy of the City of Lights…
• Retail India News: Birdhichand Ghanshyamdas Jewellers Unveils Exquisite Diamond Jewelry Collection
  2 Nov 2023, indianretailer.com
  Birdhichand Ghanshyamdas Jewellers, a celebrated name synonymous with luxury and timeless artistry, proudly presents its latest collection of diamond jewelry. This splendid array is painstakingly crafted to enchant both connoisseurs and fashion enthusiasts. With an unyielding commitment to excellence and enduring aesthetics, the brand continually establishes new standards in luxury and sophistication…
• Retail India News: Gargee Designers Unveils “Abhaar”
  2 Nov 2023, indianretailer.com
  Weddings mark some of life’s most significant milestones. They are moments when we contemplate the splendor of tradition and recognize the individuals who contribute to our remarkable journey. In this quest, Gargee Designers is elated to introduce its latest collection, “Abhaar,” a masterpiece where the essence of gratitude merges seamlessly with enduring style…
• Vegan Revolution: Exploring the Growth of New-Age Vegan Brands on World Vegan Day
  2 Nov 2023, indianretailer.com
  In recent years, the world has witnessed a remarkable transformation in consumer choices and lifestyle preferences. As the awareness of sustainability, animal welfare, and personal well-being continues to grow, the vegan movement has gained momentum like never before. With the global celebration of World Vegan Day, it’s the perfect time to explore the dynamic landscape of new-age vegan brands that are redefining the market with their innovative and eco-conscious products…
• Retail India News: ONDC Launches Official Guide App to Empower India’s Digital Commerce Ecosystem
  2 Nov 2023, indianretailer.com
  The Open Network for Digital Commerce (ONDC), an initiative under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, recently revealed a significant achievement with the introduction of the ONDC Official Guide App. This endeavor solidifies ONDC’s unwavering commitment to supporting and assisting various user communities, including Sellers, Buyers, Logistics Providers, and Network Participants in the retail sector. The user-friendly guide is now available for download on the Google Play Store and offers multilingual support in English, Hindi, and ten other prominent Indian languages…
• Retail India News: Rangita’s Festive Season Soars with 6.5X Growth Across India
  2 Nov 2023, indianretailer.com
  Rangita, a direct-to-consumer (D2C) Indian fashion label under the banner of Stellaro Brands, has experienced a remarkable 6.5-fold surge during the Diwali season. The brand’s success can be attributed to the surging demand from consumers across various regions during the ongoing festive season. In preparation for the festive celebrations, Rangita thoughtfully expanded its product offerings to include a diverse array of festive collections, with a particular focus on cultural observances such as Karva Chauth and Diwali…
• Crowne Plaza Launches India’s First Belgian Beer Café
  2 Nov 2023, restaurant.indianretailer.com
  The menu has signature dishes like Belgian Fries, Tenderloin Carpaccio Platter, Vol Au Vent, and Fruiture…
• Shilpi Madan Appointed as General Manager at Hyatt Centric, Juhu
  2 Nov 2023, restaurant.indianretailer.com
  Shilpi has honed her expertise through holding leadership positions in well-known hospitality brands like ITC, Oberoi Hotels, Marriott etc…
• Keventers Unveils their Limited-Edition Festive Menu
  2 Nov 2023, restaurant.indianretailer.com
  This special menu showcases a combination of unique flavors with the pricing starting from Rs. 149…
• Ramee Group Appoints Mr. Parameshwaran M as General Manager of Ramee Resort, Bengaluru
  2 Nov 2023, restaurant.indianretailer.com
  Mr. Parameshwaran will be responsible for the comprehensive management of the hotel, encompassing guest services, personnel administration, and strategic initiatives…
• The Westin Pune Koregaon Park Appoints Chef Rajdeep Rana as Director of Culinary
  2 Nov 2023, restaurant.indianretailer.com
  In his new role at The Westin Pune Koregaon Park, Chef Rana’s exceptional acumen and keen understanding of market trends will play pivotal roles in curating elaborate culinary experiences…
• Ferrero India Launches ‘Ferrero Collection’ – A Premium Gifting Experience
  2 Nov 2023, indianretailer.com
  Ferrero India Private Limited, a subsidiary of the globally renowned Ferrero Group, a leading manufacturer of premium confectionery, unveils the ‘Ferrero Collection,’ an exclusive choice for ultra-premium gifting, especially during significant festive occasions. This new offering represents Ferrero India’s expansion into the realm of luxury chocolates and confectionery, complementing its well-loved product, Ferrero Rocher. The ‘Ferrero Collection’ stands as an exquisite addition to Ferrero India’s range, tailored for discerning individuals seeking the pinnacle of fine taste…
• Tata CLiQ Luxury Unveils Capsul: India’s Premier Multi-brand Streetwear Retailer
  2 Nov 2023, indianretailer.com
  Tata CLiQ Luxury, India’s foremost luxury lifestyle platform, boasts an array of meticulously curated global and Indian luxury brands in its luxury fashion portfolio. As part of its ongoing commitment to bolster this collection and elevate the shopping experience for discerning consumers, Tata CLiQ Luxury is proud to introduce Capsul, India’s pioneering multi-brand streetwear retailer. This move aims to diversify the selection of brands, spanning premium, bridge to luxury, and luxury segments, catering to a wide spectrum of consumer interests…
• CapitaLand Investment Launches India’s First Net Zero Business Park
  1 Nov 2023, rprealtyplus.com
  CapitaLand Investment Limited (CLI) has commenced operations for Phase 1 of International Tech Park Chennai, Radial Road (ITPC-Radial Road), the first business park in India to be certified by the Indian Green Building Council (IGBC) as Net Zero for energy efficiency, water conservation and waste management…
• Tier-1 Cities Witnessed 7% Surge In Commercial Real Estate Supply
  1 Nov 2023, rprealtyplus.com
  PropEquity, India’s leading real estate data, research and analytics firm, indicates a significant 7% increase in ready supply during the third quarter of 2023 when compared to the preceding quarter, Q2 CY’23. The upswing in ready supply showcases the adaptability of the sector to the evolving needs of businesses and offering a promising outlook for those looking to secure commercial properties in the ever-changing landscape of the market…
• Coca-Cola’s bottling arm in talks to sell some units
  1 Nov 2023, retail.economictimes.indiatimes.com
  The beverage company had sold some of its bottling plants in 2019, but the divestment process got disrupted due to the pandemic. Coca-Cola wants to divest asset-heavy bottling operations in India to focus more on brands and strategy, in line with its global policy. The three independent franchise bottlers are the MMG Group, the Ladhani Group and the Kandhari Group, people aware of the development said…
• Tata Consumer Products approves merger of its three wholly-owned subsidiaries
  1 Nov 2023, retail.economictimes.indiatimes.com
  The transferee company, that is, TCPL had purchased earlier and was holding all equity shares issued by the transferor companies – NourishCo Beverages Limited, Tata SmartFoodz Limited, and Tata Consumer Soulfull…
• Reliance ups retail game, Jio World Plaza opens in Mumbai
  1 Nov 2023, retail.economictimes.indiatimes.com
  Reliance Industries has unveiled the Jio World Plaza in Mumbai’s BKC, positioning it as a hub for retail, leisure, and dining. The four-level plaza, open to the public from November 1, integrates with the Nita Mukesh Ambani Cultural Centre, Jio World Convention Centre, and Jio World Garden. It features around 66 luxury brands, including global newcomers and iconic names like Louis Vuitton, Gucci, Cartier, and Dior…
• PharmEasy CEO has three-year lock-in, Ranjan Pai to get three board seats
  1 Nov 2023, retail.economictimes.indiatimes.com
  Pai is also joining the board of PharmEasy and is expected to work with CEO Shah. He will retain the board seats as long as his holding doesn’t go below 15%, people in the know added. His family office is investing around Rs 1,300 crore in PharmEasy…
• Tata Consumer Products Q2 net profit falls to Rs 363.92 crore
  1 Nov 2023, retail.economictimes.indiatimes.com
  Its revenue from operations rose 11.02 per cent to Rs 3,733.78 crore during the quarter under review as against Rs 3,363.05 crore in the year-ago period…
• VIP Industries net profit declines to Rs 13.28 cr in Q2 FY24; ecommerce continues to grow at over 50% YoY
  1 Nov 2023, retail.economictimes.indiatimes.com
  However, the company’s total revenue from operations grew 6.07 per cent at Rs 546.09 crore in Q2 FY24 from Rs 514.74 crore in the same period of the last fiscal…
• ONDC seller apps seek unique ID for network’s vendors
  1 Nov 2023, retail.economictimes.indiatimes.com
  ONDC should have a unique identifier number for each seller like a GST number, TAN number or PAN number, he said. “ONDC should decide which seller app the seller (merchant or vendor) belongs to,” Vamanan said…
• Arvind Ltd Q2 net profit dips 34% to Rs 84 crore
  1 Nov 2023, retail.economictimes.indiatimes.com
  Revenue from operations was down 11.43 per cent at Rs 1,921.73 crore during the quarter, as against Rs 2,169.81 crore in the corresponding period of the previous fiscal…
• Coca-Cola India bottling partner SLMG Beverages opens new facility in Amethi
  1 Nov 2023, retail.economictimes.indiatimes.com
  SLMG Beverages, a bottling partner of Coca-Cola India, has inaugurated a new facility in Trishundi, Amethi, Uttar Pradesh, with an investment of approximately INR 700 crore. The plant has six production lines for beverages in sparkling, juices, and water categories with sustainable packaging solutions…
• For restaurateurs, it’s an open and spurt case: Record number of new eateries, watering holes coming up
  1 Nov 2023, retail.economictimes.indiatimes.com
  ​Zorawar Kalra, founder of Massive Restaurants that owns brands such as Farzi Cafe, Masala Library and Bo Tai, said he expects to end the year on a “record high,” and will open 30 cloud kitchens this quarter, besides launching new restaurants in Bhopal, Chennai and Raipur…
• Consumers go premium this festive season
  1 Nov 2023, financialexpress.com
  Premium durable products are growing at around 25-30% this festive season versus last year,” Kamal Nandi, business head and executive vice-president, Godrej Appliances, said…
• Gillette India Sept qtr profit up 7 pc to Rs 93 cr
  1 Nov 2023, retail.economictimes.indiatimes.com
  The revenue growth was driven by “superior retail execution, strong brand fundamentals and its integrated growth strategy,” said an earning statement from GIL…
• V-Guard Q2 Results: Firm posts profit in line with estimates
  1 Nov 2023, retail.economictimes.indiatimes.com
  Copper prices were also stable, analysts said, and demand from the housing and infrastructure sectors remained healthy, with exports rebounding…
• After a great Q2, Blue Star looking forward to a strong Q3 as well: MD
  1 Nov 2023, retail.economictimes.indiatimes.com
  “October has been good, better than expected. The industry is doing well and we continue to outperform the industry. We are looking forward to a strong Q3 as well. You know that we will be building up stock in the market by December as well. So it is Dussehra, Diwali, and then the build-up for the summer so it looks like a positive outlook…
• Phoenix Mall of Asia launches, Apparel Group opens seven stores in new Bengaluru mall
  1 Nov 2023, fashionnetwork.com
  Phoenix Mall of Asia has opened its doors to the public in Bengaluru and retail giant Apparel Group India Private Limited has opened seven stores inside the new shopping centre. These comprise Bath & Body Works, Aldo, Charles & Keith, La Vie En Rose, Beverly Hills Polo Club, Tim Hortons, and Aldo Accessories…
• Retail India News: Reliance Industries Limited Unveils Jio World Plaza
  1 Nov 2023, indianretailer.com
  Reliance Industries Limited proudly announces the grand opening of Jio World Plaza (JWP), a captivating retail and entertainment destination in India, poised to offer a world-class shopping experience. Strategically situated in the heart of Mumbai’s Bandra-Kurla Complex (BKC), Jio World Plaza officially welcomes the public on November 1, 2023. Seamlessly integrated with the Nita Mukesh Ambani Cultural Centre, the Jio World Convention Centre, and the Jio World Garden, this expansive complex promises an all-encompassing experience for visitors…
• Retail India New: Groversons Paris Beauty Unveils New Store in Jalandhar
  1 Nov 2023, indianretailer.com
  When it comes to trends, comfort, innovation, and quality, Groversons Paris Beauty stands out as the go-to destination in the world of intimate apparel. The brand recently inaugurated its latest retail outlet in Jalandhar, marking a significant milestone in the Groversons Group’s journey…
• From Ocean to Plate: How Technology Is Shaping India’s Seafood Retail Industry
  1 Nov 2023, indianretailer.com
  Technology has been a driving force in shaping various industries, and the seafood retail sector is no exception. In recent years, advancements in technology have significantly influenced how seafood is sourced, distributed, and sold to consumers. This impact has been multifaceted, bringing both challenges and opportunities to the seafood retail industry…
• Marico’s Q2FY24: A Glimpse into India’s FMCG Market Resilience with 17 pc Profit Growth
  1 Nov 2023, indianretailer.com
  In the recently released Q2FY24 financial report, Marico, a prominent player in the Indian FMCG sector, showcased steady performance despite facing challenges in the domestic market. The company’s financial results reveal resilience in the face of fluctuating demand and external factors, with several product segments and international operations contributing to its overall stability…
• Retail India News: Navyasa By Liva Unveils The Garden of Eden: An AW’23 Collection for Modern Women
  1 Nov 2023, indianretailer.com
  Navyasa By Liva, a contemporary brand specializing in sarees and women’s attire, is thrilled to announce the grand revelation of their AW’23 collection, aptly named “The Garden of Eden.” This highly anticipated collection is meticulously designed to cater to the modern Indian woman, offering a captivating fusion of ethereal prints and stylish designs that narrate a vibrant and colorful tale. Navyasa By Liva is dedicated to crafting effortlessly elegant pieces that are lightweight and fluid, empowering women to embrace their authentic selves…
• LT Foods Shines with 55 pc Profit Growth in H1 FY’24 – A Consumer Food Giant’s Journey
  1 Nov 2023, indianretailer.com
  LT Foods, the venerable Indian-origin global Fast-Moving Consumer Goods (FMCG) company with over 70 years of legacy in the consumer food space, recently announced its audited consolidated financial results for the second quarter and half-year ending September 30, 2023. The company, known for its renowned basmati rice brands – Daawat and Royal, has demonstrated impressive growth and stability in a dynamic market…
• Retail India News: Tanishq Unveils the ‘Dharohar’ Collection this Festive Season
  1 Nov 2023, indianretailer.com
  As the enchanting festival of lights, Diwali, approaches, Tanishq, India’s foremost jewelry brand, embarks on a magical journey deep into the heart of the glorious past. With the introduction of the ‘Dharohar’ collection, Tanishq pays a heartfelt tribute to the timeless charm of heirloom artifacts from a bygone era, beautifully weaving a connection between the old and new legacies, bridging generations with a sense of heritage and nostalgia. ‘Dharohar’ represents more than just a collection; it is a celebration of the heart-warming narratives that have shaped our magnificent history. It serves as a testament to the traditions passed down through generations, from treasured family recipes to cherished memories that define our identity. Through ‘Dharohar,’ Tanishq introduces a new chapter in the stories of old…
• Retail India News: Zed Black Presents Innovative Bamboo-less Incense Sticks and Prayer Essentials for the Festive Season
  1 Nov 2023, indianretailer.com
  Zed Black, a prominent player in the incense industry consistently ranked among the Top 3 incense sticks manufacturing companies, is delighted to introduce its latest collection of incense sticks range and prayer essentials, perfectly timed for the festive season. This trailblazing range of bamboo-less incense sticks is set to revolutionize the art of gifting and enhance the spiritual journey of those who seek it. This festive season, Zed Black Agarbatti is poised to become the preferred choice for those looking for a sustainable and spiritually enriching experience…
• Retail India News: Nitin Kohli Home Introduces Timeless Vintage Charm with Brass-Detailed Collection
  1 Nov 2023, indianretailer.com
  Nitin Kohli Home is a renowned name synonymous with exceptional design expertise and innovation in both residential and commercial interior spaces within India. Their versatile portfolio encompasses the creation of high-end furniture as well as the orchestration of turnkey projects for luxury homes, offices, and even rural estates, effectively redefining the art of interior design. With an in-house design center brimming with unique materials, along with dedicated units for stone, metal, fabrics, soft furnishings, and glasswork, Nitin Kohli Home ensures that every project embodies a true masterpiece…
• Retail India News: Winston Launches Nut Groomer, Signals Entry into Men’s Grooming
  1 Nov 2023, indianretailer.com
  Winston, a distinguished name in the realm of grooming and personal care, is elated to mark its grand entrance into the men’s grooming domain with the introduction of the Winston Nut Groomer. This pioneering product is meticulously crafted to cater to the grooming requirements of contemporary men, equipping them with the essential instruments to uphold their self-assurance and personal hygiene…
• Retail India News: HealthMug and LetsShave Join Forces in a Game-Changing Partnership
  1 Nov 2023, indianretailer.com
  HealthMug, a trusted name renowned for its unwavering commitment to innovation and customer satisfaction, proudly unveils an impactful partnership with LetsShave, a leading brand in the men’s grooming sector, celebrated for delivering high-quality personal care products. This distinctive collaboration is poised to not only drive sales but also significantly broaden the array of products available in the beauty and personal care category…
• Retail India News: Inatur Beauty Brand Embraces Sustainable Packaging for Eco-conscious Consumers
  1 Nov 2023, indianretailer.com
  In response to the growing conscientiousness of consumers regarding their purchasing choices, beauty companies are transitioning to sustainable packaging solutions. Notably, the home-grown and organic beauty brand, Inatur, has recently introduced an eco-friendly packaging approach…
• Top D2C Brands that are Redefining India’s Retail Landscape
  1 Nov 2023, indianretailer.com
  The D2C market in India has witnessed monumental transformation owing to a combination of strategic factors like a burgeoning tech-savvy population, rapid digital transformation, and evolving preferences of millennials, among others. According to global data and business intelligence platform Statista, India’s total number of digital shoppers stood at 289 million in 2021, which is anticipated to soar to 378 million by 2025…
• How Restaurant Industry is Embracing Diversity and Inclusivity for Better Future
  1 Nov 2023, irecwire.indianretailer.com
  Restaurants are now more inclined to celebrate this diversity by offering a wide range of regional dishes…
• Curefoods Expands with Yumlane Pizza Acquisition
  1 Nov 2023, restaurant.indianretailer.com
  Curefoods, with support from Accel and Chiratae Ventures has successfully finalized the purchase of Yumlane Pizza, a cloud kitchen brand known for its unique pizza technology…
• Magnolia Bakery Opens Its First Flagship Store in Mumbai
  1 Nov 2023, restaurant.indianretailer.com
  Brought to India by Spago Foods in 2019, the new store in Mumbai is Magnolia Bakery’s first flagship outlet in Mumbai with 2300SqFt which includes the ground & mezzanine floor…
• Third Wave Coffee Expands with 46th Café in Bangalore, 109 Nationwide
  1 Nov 2023, restaurant.indianretailer.com
  The menu features exclusive Limited-Time Offerings like Swiss Mocha Toffee Nut, assorted bagels, and Choco-Bliss Pancakes…
• Ireland’s Kai Restaurant Embarks on a Sustainable gastronomic Journey at JW Marriott Bengaluru Prestige Golfshire Resort & Spa
  1 Nov 2023, restaurant.indianretailer.com
  Chef Murphy will craft a menu inspired by the vibrant community and dedicated farmers of Bengaluru and its surroundings, featuring the freshest and finest locally-sourced produce…
• Greater Than Gin Debuts 180ml GT Minis at 7 Locations
  1 Nov 2023, restaurant.indianretailer.com
  Greater Than Gin is accessible in 11 states and 3 union territories within India, and it’s also distributed in 11 other nations worldwide, with additional expansions in progress…
• Lavie Luxe Unveils Season’s Latest Collection for Fashion Aficionados
  1 Nov 2023, indianretailer.com
  Lavie Luxe, the premium brand under the Lavie World umbrella, proudly presents its newest fashion lineup for the season, promising an exceptional and captivating fashion journey. This mesmerizing collection features an array of essential pieces meticulously crafted to redefine elegance, offering innovation, versatility, and sheer luxury to elevate your wardrobe. Lavie Luxe’s latest collection is divided into four distinct categories: Tote, Satchel, Sling, and Clutch, catering to the unique desires of discerning fashion connoisseurs…
• Balenzia and Playboy Collaborate to Unveil Unique Sock Collection
  1 Nov 2023, indianretailer.com
  Balenzia has exciting news for fashion enthusiasts. They are embarking on a captivating collaboration with Playboy, the iconic lifestyle brand renowned for curating sophistication, art, music, and culture for nearly seven decades. The Balenzia X Playboy collection is set to make its debut on November 2nd, 2023, just ahead of Diwali, presenting a distinctive and appealing range of socks that seamlessly encapsulate the essence of both brands…
• Retail India News: Winston Launches Nut Groomer, Signals Entry into Men’s Grooming
  1 Nov 2023, indianretailer.com
  Winston, a distinguished name in the realm of grooming and personal care, is elated to mark its grand entrance into the men’s grooming domain with the introduction of the Winston Nut Groomer. This pioneering product is meticulously crafted to cater to the grooming requirements of contemporary men, equipping them with the essential instruments to uphold their self-assurance and personal hygiene…
• Sunteck Realty Launches Mixed-Use Development Sunteck Crescent Park In Kalyany
  31 Oct 2023, rprealtyplus.com
  Sunteck Realty, a premium luxury real estate developer, has announced the launch of Sunteck Crescent Park, a futuristic mixed-use development nestled in the pulsating heart of Kalyan. Embarking on a journey to redefine urban living in Kalyan, this latest project of Sunteck Realty promises a harmonious fusion of luxury, convenience, and cutting-edge modern design, marking a departure from the ordinary…
• DLF’s net profit increases by 30.32% in Q2 FY24
  31 Oct 2023, realty.economictimes.indiatimes.com
  DLF’s net consolidated total income stood at Rs 1,476.42 crore in Q2 FY24, a growth of 8.52 per cent from Rs 1,360.50 crore it recorded in the similar quarter last year…
• Mindspace Business Parks REIT’s net profit up 72.20% in Q2 FY24
  31 Oct 2023, realty.economictimes.indiatimes.com
  During the quarter, Mindspace REIT’s net operating income (NOI) grew by 17.7% year-on-year to Rs 4,912 million. It declared distribution of Rs 2,841 million or Rs 4.79 per unit for Q2 FY24…
• Flipkart founder Binny Bansal may invest $25-30 million more in Ankit Nagori’s Curefoods
  31 Oct 2023, retail.economictimes.indiatimes.com
  Bansal, who made a complete exit from Flipkart in August by selling his remaining shares in the ecommerce firm he cofounded with Sachin Bansal in 2007, has accelerated his personal investments, writing significantly large cheques in startups such as PhonePe and Curefoods…
• ETRetailCafe: Samsonite’s Jai Krishnan on the evolving luggage industry
  31 Oct 2023, retail.economictimes.indiatimes.com
  Jai Krishnan shares how the luggage industry has transformed from luggage being sold in a traditional way over the counters to adapting to the changing needs of consumers who prefer to touch and feel the products. He said, “Consumers have become more discerning and now they are spoilt for choices by retailers…
• JSW Ventures exits from Fund I in Purplle; sells stake to Manipal Group
  31 Oct 2023, retail.economictimes.indiatimes.com
  JSW Ventures has sold its shareholding in e-commerce firm Purplle to Manipal Group. The company will continue investing in Purplle through its second fund. JSW Ventures had previously sold a portion of its holding in Purplle to the Abu Dhabi Investment Authority in May 2023. The financial details of the transaction were not disclosed. JSW Ventures is an early-stage venture capital fund that invests in technology companies across various industries…
• Ankit Nagori’s cloud kitchen startup Curefoods closes Yumlane acquisition
  31 Oct 2023, retail.economictimes.indiatimes.com
  Even prior to the acquisition, Curefoods was an investor in Yumlane alongside Orios Venture Partners, and angel investors such as Flipkart founder Binny Bansal and Shaadi.com founder Anupam Mittal…
• LT Foods profit surges 64.8% in Q2 FY24; Daawat brand’s market share rises 30.2% in India
  31 Oct 2023, retail.economictimes.indiatimes.com
  The company’s revenue from operations rose to Rs 1991.81 crore in Q2 FY24 as against the revenue of Rs 1731.60 crore in Q2 FY23. Its total expenses also grew to Rs 1792.33 crore in Q2 FY24 as against the total expenses of 1601.02 crore in the similar period of the previous fiscal, as per the BSE filing…
• Marico net profit rises 17.2% to Rs 360 crore in Q2 FY24
  31 Oct 2023, retail.economictimes.indiatimes.com
  However, the company’s revenue from operations slightly dropped to Rs 2,476 crore in Q2 FY24 as against the revenue from operations of Rs 2,496 crore in Q2 FY23…
• Hindustan Coca-Cola Beverages FY23 net profit doubles to Rs 809 cr
  31 Oct 2023, retail.economictimes.indiatimes.com
  “After two consecutive years of Covid-related disruptions and business impact, your company has delivered an impressive performance for the Financial Year 2022-23,” said HCCB…
• IndiaMart confident of maintaining margin bandwidth of 28-30%: Dinesh Agarwal
  31 Oct 2023, retail.economictimes.indiatimes.com
  “ We have seen a good traffic recovery and the traffic outlook cannot be predicted easily because a lot of macro conditions play on that and a lot of technology conditions also play on that. Let it sustain for a few quarters and we can give further guidance on that…
• IndiaMART net profit rises 2 pc to Rs 69 cr in Q2; revenue up 22 pc at Rs 295 cr
  31 Oct 2023, retail.economictimes.indiatimes.com
  The consolidated revenue from operations grew 23 per cent to Rs 295 crore in the reporting quarter, “primarily driven by 12 per cent growth in number of paying subscription suppliers as compared to last year”, the company said in a regulatory filing…
• Lenskart acquires AI-powered video analytics startup Tango Eye
  31 Oct 2023, retail.economictimes.indiatimes.com
  The startup, which already works with the eyewear retailer, uses AI to analyse CCTV footage from its stores and uses it to optimise customer flow and to ensure proper adherence to all processes…
• Apparel manufacturers expect 25% dip in festive sales: Survey
  31 Oct 2023, retail.economictimes.indiatimes.com
  “A majority of respondents expect the market to be subdued and that economic factors as well as the pricing strategies continue to be pivotal in shaping sales expectations,” commented Rajesh Masand, president, CMAI…
• Walmart to upgrade 1,400 stores with $9 billion investment
  31 Oct 2023, retail.economictimes.indiatimes.com
  Walmart is investing over $9 billion to modernize and upgrade its U.S. stores over a two-year period. The enhancements include improved store layouts, expanded product selections, and the addition of new technology…
• P&G Hygiene and Health reports 36 pc rise in quarterly profit at Rs 210.69 crore
  31 Oct 2023, retail.economictimes.indiatimes.com
  The company’s revenue from operations in the July-September period was at Rs 1,138.35 crore, up 8.94 per cent compared to the same period a year ago…
• Dabur’s ayurvedic game to win over youth
  31 Oct 2023, financialexpress.com
  Many Indians start their day with a spoonful of Dabur Chawanprash, an Ayurvedic immunity booster. For people who are put off by the product’s gooey consistency, the firm has introduced Chawanprash capsules. That’s not everything. There is a sugar-free variant of Dabur Chawanprash available for diabetics and a jaggery variant for those wanting the goodness of palm sugar. The company has also launched a powdered variant of Chawanprash for those seeking convenience and ease of consumption…
• McDonald’s gets lift from diners turning to cheaper menu, new launches
  31 Oct 2023, retail.economictimes.indiatimes.com
  McDonald’s size and scale have helped keep its meals relatively cheaper even after an industry-wide hike in prices last year, helping counter the trend of inflation-hit consumers eating more at home and a broader decline in footfall…
• India’s Blue Star Q2 profit jumps on air conditioner demand, strong order book
  31 Oct 2023, retail.economictimes.indiatimes.com
  Blue Star, which has seen a sharp rise in order inflows following a revamp of its portfolio and foray into railway electrification, in August said the government’s push in manufacturing was driving growth in its commercial segment…
• Premiumisation drive knocks on the doors of locks business, Godrej says
  31 Oct 2023, retail.economictimes.indiatimes.com
  Godrej Locks is experiencing significant growth in the demand for premium locks as part of the trend of premiumization in India. Sales of premium locks, both mechanical and digital, have shown rapid revenue growth, with high double-digit growth rates…
• Jio World Plaza: Largest Luxury Mall Of India To Open On November 1
  31 Oct 2023, news18.com
  Reliance Industries is set to elevate India’s luxury shopping experience with the inauguration of Jio World Plaza, the country’s largest upscale retail destination, on November 1. Nestled in Mumbai’s prestigious Bandra Kurla Complex, this grand unveiling marks a significant milestone in redefining luxury retail in the region…
• Retail India News: Gourmet Retail Store Food Square has a Grand Debut Launch in Mumbai
  31 Oct 2023, indianretailer.com
  Food Square, the distinguished upscale gourmet retail store in Mumbai, celebrated its grand inaugural ceremony on Saturday at its flagship location on Linking Road, Bandra. The evening bore witness to the presence of renowned personalities, including Anshula Kapoor, Abhimanyu Dasani accompanied by his sibling, Pulkit Samrat, Sunita Ahuja, Elnaaz Narouzi, Alvira Khan, Teena Singh, and a gathering of influential figures such as Ishna Batra from Mamma’s Lifestyle, Rizwan Bachav, Sonakshi Raj, Nishka Lulla, Vivek Dhadha, Rishina Khandari, and Payal Singhal. The event exhibited an impressive array of products, featuring international spirits, an assortment of cheeses, imported chocolates, and live stations offering delectable pizzas and pastries…
• Retail India News: Third Wave Coffee Unveils its 109th Retail Outlet in Bangalore’s Phoenix Mall of Asia
  31 Oct 2023, indianretailer.com
  Third Wave Coffee, a coffee-centric Quick Service Restaurant (QSR) brand, proudly announced the grand inauguration of its 46th retail store, located within the sprawling Phoenix Mall of Asia in Bangalore, India. As one of the largest malls in Asia, this milestone marked the 109th outlet for Third Wave Coffee in India, underscoring the brand’s unwavering dedication to curate an unforgettable coffee experience. The outlet’s inauguration featured key figures, including Ayush Bathwal, Co-Founder of Third Wave Coffee, Manish Singh, Group Director and Head of Retail Leasing at The Phoenix Mills Ltd and Basil Mathew, Senior Vice President of Leasing at Phoenix Group…
• Retail India News: Flyrobe Expands Its Offline Footprint to Belagavi, India
  31 Oct 2023, indianretailer.com
  Flyrobe, the foremost fashion rental service, has a fashionable treat in store for the fashion enthusiasts of Belagavi. The company is poised to open its doors in the heart of the city on October 29, 2023. This significant expansion stands as a testament to Flyrobe’s unwavering commitment to offering accessible and convenient fashion options to its customers, making it simpler than ever to embrace fashion in a sustainable and affordable manner. The grand inauguration was graced by the esteemed Chief Guest, Shri Asif Raju Sait, Member of Legislative Assembly (M.L.A.), representing the Belagavi North Constituency…
• Retail India News: Recode Studios Expands Its Retail Presence in Ludhiana and Beyond
  31 Oct 2023, indianretailer.com
  Recode Studios, a prominent name in the cosmetics industry, is pleased to announce the grand opening of its 13th retail store in the vibrant city of Ludhiana, India. Covering an area of 250 square feet, this newly inaugurated store marks the second establishment in Ludhiana. Since 2018, Recode has consistently demonstrated its unwavering commitment to delivering premium cosmetics…
• Retail India News: Mocemsa Elevates Indian Fragrance Space with Debut at Delhi Duty-Free
  31 Oct 2023, indianretailer.com
  MOCEMSA has announced its introduction to the Delhi Duty-Free shelves. This momentous move marks a significant step for the Indian fragrance industry as MOCEMSA unveils its meticulously crafted essences to world travelers and perfume enthusiasts worldwide at the IGI airport…
• Reliance Retail’s Q2 FY24 Report: A 21 pc Surge in Profits and Unprecedented Expansion
  31 Oct 2023, indianretailer.com
  Reliance Retail, the retail arm of Reliance Industries, reported a 21 percent increase in net profit to Rs 2,790 crore in the quarter ended September 30, 2023, compared to Rs 2,298 crore in the corresponding quarter last year…
• Retail India News: Allied Blenders and Distillers Achieves Milestone with Two Millionaire Brands in India
  31 Oct 2023, indianretailer.com
  Allied Blenders and Distillers Ltd. (ABD) has achieved a remarkable distinction as the sole spirits company in India to introduce two millionaire brands within the last five years (CY18 – CY22). Both Sterling Reserve Whisky and ICONiQ Whisky, positioned in the Prestige and Above segments, have become instrumental in driving profitable growth for the company…
• Amazon.in’s Telangana Triumph: 2x Surge in TV and 5G Smartphone Sales
  31 Oct 2023, indianretailer.com
  Amazon.in recently revealed an impressive surge in demand within Telangana. During the festive season, this dynamic region experienced a remarkable twofold increase in the demand for televisions, alongside a substantial 60 percent rise in the sale of cutting-edge 5G smartphones. This performance catapults Telangana into the upper echelons of TV and Smartphone categories for Amazon India. The robust growth can be attributed to the attractive financial schemes, such as the no-cost EMI option, which continues to entice customers towards premium smartphones and expansive, large-screen televisions…
• Retail India News: Usha International Partners with Reliance, Unveils Kitchen Appliances
  31 Oct 2023, indianretailer.com
  Usha International, a prominent brand in the consumer durables segment in India, has unveiled a selection of five innovative kitchen appliances as part of its latest premium iChef range. The launch took place at Reliance Digital in JVPD Scheme, Juhu, Mumbai. This new product range is meticulously designed to provide state-of-the-art cooking technology and timeless aesthetics, catering to the contemporary consumer who constantly seeks innovative solutions to elevate and enrich their culinary experiences. These newly introduced appliances will be exclusively accessible at select Reliance Digital retail outlets across India, with a presence in major cities including Delhi NCR, Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, Mangalore, Chandigarh, Kanpur, Lucknow, and Vizag…
• Dash Square Unveils Ashley Furniture Homestore’s Vintage Office Room Furniture Collection
  31 Oct 2023, indianretailer.com
  Dash Square proudly presents a fresh line of office room furniture tables from Ashley Furniture Homestore, meticulously designed to infuse a delightful vintage ambiance into modern and contemporary living spaces in India. This unique collection seamlessly melds a myriad of styles and textures, elevating the visual appeal of any interior arrangement. These vintage-inspired furniture pieces remain eternally fashionable, and with their rustic wooden construction, they introduce a touch of chic elegance and warmth to contemporary surroundings…
• Retail India News: Clarke and Clarke at Maishaa Unveils Fabric Collection this Festive Season
  31 Oct 2023, indianretailer.com
  Internationally renowned for its exceptional furnishing fabrics, Clarke and Clarke, available at Maishaa, takes pride in introducing a brand-new collection of fabrics that exude sheer iconism. This festive season, the brand’s unwavering commitment to exquisite design and unparalleled craftsmanship shines through, presenting a range of fabrics meticulously designed to elevate your living space to the zenith of elegance and style. This exclusive collection, now available in India at Maishaa, offers an extensive array of natural fibers, including cotton, linen, and viscose, lauded for their remarkable durability and breathability. These fabrics serve as the perfect choice for upholstery, drapery, and various interior applications, infusing a touch of festive opulence into your home…
• Retail India News: IKEA AROMATISK Collection: Elevating Home for the Festive Season
  31 Oct 2023, indianretailer.com
  The time has arrived once more to celebrate the gathering of loved ones, both near and far. This festive season, the AROMATISK collection from IKEA, proudly made in India and acclaimed worldwide, offers the perfect means to transform your home into a festive haven as you prepare to embrace the joy of Indian festivities. This unique collection from IKEA is adorned with elegant and functional pieces inspired by traditional Indian arts and crafts, providing a truly distinctive way to enhance your living space. Embrace the festive season with open arms and let the AROMATISK collection from IKEA become the centerpiece of your home decor…
• How Accor Group is Elevating India’s Hospitality Landscape
  31 Oct 2023, irecwire.indianretailer.com
  India holds a special place in Accor’s growth strategy, with approximately 85 percent of its business coming from the domestic market…
• Ireland’s Kai Restaurant Embarks on a Sustainable gastronomic Journey at JW Marriott Bengaluru Prestige Golfshire Resort & Spa
  31 Oct 2023, restaurant.indianretailer.com
  Chef Murphy will craft a menu inspired by the vibrant community and dedicated farmers of Bengaluru and its surroundings, featuring the freshest and finest locally-sourced produce…
• Greater Than Gin Debuts 180ml GT Minis at 7 Locations
  31 Oct 2023, restaurant.indianretailer.com
  Greater Than Gin is accessible in 11 states and 3 union territories within India, and it’s also distributed in 11 other nations worldwide, with additional expansions in progress…
• Glasshouse World Grill & Bar Opens in Gurugram
  31 Oct 2023, restaurant.indianretailer.com
  The restaurant is inspired by a Greenhouse with abstract glass enfolding the space from all sides…
• Haldiram’s Expands with New Food Court Inauguration in Mumbai
  31 Oct 2023, restaurant.indianretailer.com
  The menu showcases Indian classics like Raj Kachori, Chole Bhature, Pav Bhaji, and an array of other dishes…
• The Montana Group Partners with Kiscon Hospitality to Relaunch Carls Jr in India
  31 Oct 2023, restaurant.indianretailer.com
  The partnership between the Montana group and KHPL signifies a commitment to revitalize and relaunch this brand in the Indian market, the company release said…
• adidas, Arsenal, and Maharishi Unveil Limited-Edition London-Infused Sportswear Collection
  31 Oct 2023, indianretailer.com
  Today, in a collaboration uniting adidas, Arsenal Football Club, and renowned London fashion brand Maharishi, a limited-edition range emerges that marries streetwear aesthetics with high-performance sportswear. This collection fuses the essence of London street culture with the athletic prowess of Arsenal Football Club…
• Mi Arcus Partners with Peanuts Worldwide to Launch a Charming Kids’ Collection
  31 Oct 2023, indianretailer.com
  Mi Arcus, a renowned children’s brand headquartered in Ludhiana and available through 40 offline retail stores across India, is thrilled to announce its collaboration with Peanuts Worldwide LLC, to introduce an enchanting addition to their range of children’s clothing, accessories, and toys featuring the beloved Peanuts, the iconic comic strip created by Charles M. Schulz…
• KALKI Fashion Illuminates Diwali with Heartfelt Campaign this Festive Season
  31 Oct 2023, indianretailer.com
  KALKI Fashion, the distinguished couture brand from India, is poised to brighten the Diwali festivities with its 2023 Diwali Campaign, featuring the heartfelt tagline “Woh Sabhi Ankahee Khushiyon Ke Liye.” The campaign spotlights their much-anticipated Festive Edit ‘23 collection, a harmonious fusion of traditional and contemporary designs that encapsulate the essence of the Festival of Lights…
• Retail India News: Drools Initiates Groundbreaking Ventures in Indian Pet Healthcare and Veterinary Services
  31 Oct 2023, indianretailer.com
  Drools Pet Food Pvt Ltd has unveiled two groundbreaking initiatives set to revolutionize the realm of pet healthcare services and veterinary practices nationwide…
• Retail India News: Gourmet Retail Store Food Square has a Grand Debut Launch in Mumbai
  31 Oct 2023, indianretailer.com
  Food Square, the distinguished upscale gourmet retail store in Mumbai, celebrated its grand inaugural ceremony on Saturday at its flagship location on Linking Road, Bandra. The evening bore witness to the presence of renowned personalities, including Anshula Kapoor, Abhimanyu Dasani accompanied by his sibling, Pulkit Samrat, Sunita Ahuja, Elnaaz Narouzi, Alvira Khan, Teena Singh, and a gathering of influential figures such as Ishna Batra from Mamma’s Lifestyle, Rizwan Bachav, Sonakshi Raj, Nishka Lulla, Vivek Dhadha, Rishina Khandari, and Payal Singhal. The event exhibited an impressive array of products, featuring international spirits, an assortment of cheeses, imported chocolates, and live stations offering delectable pizzas and pastries…
• Reliance extends Urban Ladder’s presence at Smart Bazaar outlets
  30 Oct 2023, retail.economictimes.indiatimes.com
  Over Urban Ladder, now an omni-channel business, the focus is to provide more and more touch points to the customer, CFO Dinesh Taluja said. “We are also expanding the category by putting it under many of the Smart Bazaars that we have launched so that it adds a new category into our Smart Bazaar portfolio. We’ve also recently forayed into the institutional sales within the segment,” he said…
• Apple India FY23 revenue hits Rs 50,000-crore on strong premium play
  30 Oct 2023, retail.economictimes.indiatimes.com
  This has been the fastest growth in net profit for Apple in India in over the last five years, which analysts attributed to higher share of sales of new generation devices where margins are more and there is reduction in component cost last fiscal…
• Oral care brand Perfora plans a greater online push to scale its biz in India
  30 Oct 2023, retail.economictimes.indiatimes.com
  Till now, Perfora has raised a total funding of $3.99 million over five rounds. At Shark Tank India in February 2023, it had raised a funding of Rs 80 lakh for 2.5 percent equity from Peyush Bansal of Lenskart, Vineeta Singh of SUGAR Cosmetics, and Namita Thapar of Emcure Pharmaceuticals…
• Seafood manufacturer Gadre Marine eyes Rs 1,500 crore revenue by the end of FY24
  30 Oct 2023, retail.economictimes.indiatimes.com
  According to Gadre Marine, it has been growing at 20-25 per cent compound annual growth rate (CAGR) in India for the last 4-5 years. In the last fiscal, its overall revenue stood at Rs 1200 crore. Gadre said, “We are doing better in India and the international market as well…
• Amazon’s cost-cutting measures lead to big jump in profits: All the details
  30 Oct 2023, retail.economictimes.indiatimes.com
  Amazon reported strong third-quarter results, with revenue and operating income tripling year-over-year. Net sales increased 13% to $143.1 billion, while operating income reached $11.2 billion, the highest in two years. The company attributed its success to cost-cutting measures, including headcount reductions and control over non-people expenses. Amazon’s e-commerce business grew by 7%, with third-party sellers accounting for over half of total sales. Amazon Web Services (AWS) also saw growth, with sales increasing 12% to $23.1 billion, driven by demand for cloud computing services and emerging technologies like machine learning and AI…
• Indri-yeah! A Small-town brew has got the world raising a toast
  30 Oct 2023, retail.economictimes.indiatimes.com
  The Indri Diwali collector’s edition, a new peated whiskey made by the sugar mill, won the Best in Show Double Gold award at the Whiskies of the World Awards, it was announced last month. Indri was the sole winner in that category. That’s not all. The stock of Piccadily Agro Industries-the company that runs the sugar mill-has soared. It was ₹25 in December 2021 and has since shot up to ₹241…
• Schwarzkopf Professional now fastest-growing brand within hair-care: Henkel
  30 Oct 2023, retail.economictimes.indiatimes.com
  Schwarzkopf Professional, the global haircare brand, has achieved rapid success in the Indian market, securing the second rank in the hair-care segment and becoming the fastest-growing brand within its category, according to a Kline & Co report…
• Usha partners with Reliance Digital to launch iChef range, bets on premium sales for 30% of total retail sales
  30 Oct 2023, financialexpress.com
  “With the introduction of our new premium cooking range, we anticipate that premium sales will grow to constitute around 30 per cent of our total retail sales,” said Sachin Anand, Senior Vice President – Retail & Company Shop at Usha…
• Save the date: India’s largest luxe mall opens its doors on November 1
  30 Oct 2023, business-standard.com
  The mall will showcase a host of prestigious luxury brands, including Bvlgari, Cartier, Louis Vuitton, Versace, Valentino, Manish Malhotra, Abu Jani Sandeep Khosla, and Pottery Barn, among others..
• Retail India News: Samosa Singh Expands Its Presence in the Indian Snacking Industry
  30 Oct 2023, indianretailer.com
  Samosa Singh, a well-established name in the Indian Snacking Retail Industry, is thrilled to announce the inauguration of its Quick-Service Restaurant (QSR) in Sarath City Mall, Kondapur Road, Hyderabad. This strategic move underlines the company’s robust expansion strategy, further solidifying Samosa Singh’s position as an industry frontrunner. With this expansion, Samosa Singh is aiming to achieve exceptional revenue growth, targeting a remarkable 10x increase in the next 12 months…
• Retail India News: Grace Fine Jewells Unveils Its First Offline Store in Delhi
  30 Oct 2023, indianretailer.com
  Grace Fine Jewells, a name synonymous with exquisite designs, is delighted to announce the inauguration of its maiden retail establishment in the retail haven of Karol Bagh, Delhi. The grand opening event is set to take place on October 23rd, 2023, at their remarkable new address on #1 Arya Samaj Road in Karol Bagh, featuring Dr. Harsh Vardhan, Member of Parliament, as the distinguished chief guest…
• Retail India News: Antica Ceramica Unveils the Exquisite “Persian Tiles Collection” to Elevate Interior Aesthetics
  30 Oct 2023, indianretailer.com
  The artistry of Persian tile work has left an indelible mark on the aesthetics of global architecture and construction. Evolving from its beginnings in glazed bricks to encompass mosaic faience, luster, and the exquisite seven-colored tiles, the rich history of Persian tile work has been instrumental in shaping many of the tile work techniques utilized today…
• Retail India News: ORRA Unveils Exquisite Regional Collections to Illuminate the Festive Season in India
  30 Oct 2023, indianretailer.com
  As India prepares to immerse itself in the rhythms of Garba and Dandiya, celebrating a rich tapestry of culture, the country buzzes with festivity. The much-anticipated festive season encompassing Navratri, Dussehra, Karva Chauth, Dhanteras, and Diwali unites people from every corner of the nation in the spirit of joy, devotion, and togetherness. Enhancing this festive fervor, ORRA Fine Jewellery, renowned for its exquisite diamond craftsmanship, is delighted to introduce a remarkable festive collection…
• Retail India News: BIBA Introduces ‘Har Nazar Mein Kuch Naya
  30 Oct 2023, indianretailer.com
  BIBA, India’s premier brand specializing in Indian apparel, unveiled its brand film, “Har Nazar Mein Kuch Naya,” across its social media platforms on October 19th. This captivating film seamlessly integrates BIBA’s latest collection with contemporary trends and vibrant styles, encompassing a versatile array of attire designed to suit every occasion…
• Unlocking the Secrets of Efficient Retail Supply Chain Management in India
  30 Oct 2023, indianretailer.com
  Every time we step into retail, there’s a hidden hero that ensures your favorite products find their way to you seamlessly: Supply Chain Management. It’s like the behind-the-scenes wizardry that keeps the show running smoothly. For ages, Supply Chain Managers have been ensuring that all the components in supply chain operate efficiently, and it certainly creates a curiosity into how just a bunch of few people transform the mere produce and sell system of products into this giant mechanism that reduces wastage, gets products ready and delivered on time, ensures constant availability of products, and builds trust among the consumers. Well, this article addresses not only your curiosities, but also the intricacies of Supply Chain Management…
• How the Logistics Industry is Changing as a Result of Technological Improvements
  30 Oct 2023, indianretailer.com
  A big part of the nation’s industrial innovation is played by the logistics industries. Similar to the developed countries, India is accessible to technological progress. Technology and logistics are two of the many sectors that are connected. Wherever technology is extensively used. Due to modern business methods and innovations, the flow of commodities from manufacturers, merchants, or wholesalers to customers has changed. The transition from manual to automated technologies and communication, as well as advancements in information technology, have had a significant impact on the logistics business…
• Retail India News: BluHeat Cramp Care: Revolutionizing Pain Relief for Women in India
  30 Oct 2023, indianretailer.com
  BluHeat by Nysh.in, a renowned name in the field of pain relief innovations, is delighted to introduce its latest offering – BluHeat Cramp Care. This innovative product is meticulously designed to provide exceptional comfort and relief during menstrual cramps, harnessing the efficacy of heat therapy for a natural and secure pain relief experience…
• Retail India News: Mackly Unveils Its Latest Winter Collection for Children in India
  30 Oct 2023, indianretailer.com
  Mackly, a renowned name in children’s retail clothing, is thrilled to introduce its newest Winter Collection, catering to youngsters aged 4 to 16. This collection presents a diverse array of cozy and stylish apparel, designed to keep young adventurers warm and fashionable during the winter season. It showcases brushed Fleece Fabric, ensuring unparalleled warmth and comfort to keep kids snug throughout the day. Mackly, as a brand, takes great pride in its eco-conscious and sustainable approach, clearly evident in every piece of the Winter Collection…
• Retail India News: ONDC Announces Leadership Appointment of Rachita Gupta as VP – Communications
  30 Oct 2023, indianretailer.com
  Open Network for Digital Commerce (ONDC), an initiative under the purview of the Department of Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce, Government of India, recently disclosed the appointment of Rachita Gupta as Vice President – Communications. In her current capacity, Rachita holds the responsibility of leading the Communications division with a clear directive to enhance ONDC’s brand and facilitate network expansion…
• Haldiram’s Expands with New Food Court Inauguration in Mumbai
  30 Oct 2023, restaurant.indianretailer.com
  The menu showcases Indian classics like Raj Kachori, Chole Bhature, Pav Bhaji, and an array of other dishes…
• The Montana Group Partners with Kiscon Hospitality to Relaunch Carls Jr in India
  30 Oct 2023, restaurant.indianretailer.com
  The partnership between the Montana group and KHPL signifies a commitment to revitalize and relaunch this brand in the Indian market, the company release said…
• Indian Real-Estate Funding Up 82% In Q3 2023
  28 Oct 2023, rprealtyplus.com
  The Indian real estate sector received institutional investments worth 679.9 million during the third quarter of 2023, marking an 82 per cent growth from $373.43 million in the same period last year, according to real estate consultant Vestian…
• M3M To Deliver Six Projects In FY24 Comprising 6.5 Million Sq. Ft.
  28 Oct 2023, rprealtyplus.com
  One of the fastest growing realty developers in the country, M3M India has always taken the lead to deliver the projects on time, both in residential as well as commercial segments. With more than 50 projects, comprising 30 million square-feet of delivered space in Gurugram itself, the company has focused its business on the core values of – Trust, Transparency and Timely Delivery. To mention, all projects launched by M3M India prior 2019 stand delivered…
• Oberoi Realty’s net profit up 43.36% in Q2 FY24
  28 Oct 2023, realty.economictimes.indiatimes.com
  Oberoi Realty’s net consolidated total income stood at Rs 1,243.80 crore, a growth of 74.74 per cent from Rs 711.79 crore it recorded in the similar quarter last year…
• Reliance Retail crosses Rs 75,000 cr revenue mark in Q2, net profit up 21%
  28 Oct 2023, retail.economictimes.indiatimes.com
  Reliance Retail’s net profit for Q2FY24 increased by 21 per cent to Rs 2,790 crore against Rs 2,305 crore in FY23. The company also witnessed a decent increase in its EBITDA margin for the quarter from 7.6 per cent last year to 8.4 per cent driven by operating leverage and focus on cost management…
• Priya Nair joins list of India-born execs named to Unilever’s top team
  28 Oct 2023, retail.economictimes.indiatimes.com
  Nair is the third Indian executive to join the beauty & wellbeing company’s top team. The other two are Nitin Paranjpe, chief people and transformation officer, and Rohit Jawa, who assumed charge as CEO & MD of the Indian subsidiary Hindustan Unilever (HUL) in June…
• Cinepolis India to spend ‘280 cr on adding 80 screens next year
  28 Oct 2023, retail.economictimes.indiatimes.com
  The company earns 55% of its revenue from ticketing, followed by food and beverage (F&B), which contributes 35%, with advertising contributing the remaining 10%. “The cinema exhibition business will remain stable because people don’t go to a multiplex just for a movie but for the experience of watching a movie together with family and friends,” he noted…
• Amazon will continue to invest in emerging markets: CFO Brian Olsavsky
  28 Oct 2023, retail.economictimes.indiatimes.com
  Since launching its ecommerce business in the country in 2013, Amazon has invested about $6.5 billion to build out its digital commerce footprint…
• Zepto sees 14x surge in FY23 revenue while losses triple
  28 Oct 2023, retail.economictimes.indiatimes.com
  The Mumbai-based company incurred a loss of Rs 1,272 crore in FY23, over three times wider than the Rs 390.4 crore posted in the previous year. The firm’s total expenses jumped over six times to Rs 3,350 crore in FY23, up from the Rs 532.7 crore it spent in the previous year…
• E-commerce cos are deploying ‘dark patterns’ to influence your choices. What is it?
  28 Oct 2023, retail.economictimes.indiatimes.com
  The government is determined to combat the deceptive tactics, known as ‘dark patterns,’ used by digital commerce firms to subtly manipulate consumers into specific choices. On Thursday, the Department of Consumer Affairs initiated the ‘Dark Patterns Buster Hackathon 2023’ to encourage the development of software solutions capable of identifying such dark patterns on e-commerce platforms…
• Senco Gold & Diamonds opens 2 new showrooms, crosses mark of 150 outlets
  28 Oct 2023, retail.economictimes.indiatimes.com
  “Celebrating our 150th showroom is not just a milestone for Senco Gold & Diamonds, It’s a testament to our unwavering commitment to adorning the dreams of millions,” said Joita Sen, director and head of design and marketing, Senco Gold & Diamonds…
• Fast-food slowdown catches up with McDonald’s India franchisee
  28 Oct 2023, moneycontrol.com
  Prices of essentials in India have shot up in recent months, prompting companies like Coca-Cola (KO.N) to roll out smaller packs and restaurants to launch cheaper pizzas and burgers…
• Licence lag leaves Delhi eateries high & dry
  28 Oct 2023, retail.economictimes.indiatimes.com
  Restaurateurs told ET the primary stumbling block was the mandatory eating house registration certificate issued by the Delhi Police licensing department…
• PE-backed Third Wave Coffee opens 46th outlet in Bengaluru
  28 Oct 2023, retail.economictimes.indiatimes.com
  Telecom operator Vodafone Idea (VIL) is set to make substantial investments in the near future to facilitate the rollout of a robust 5G network and to further enhance the coverage of its 4G services. This commitment was underscored by the billionaire industrialist Kumar Mangalam Birla on Friday…
• Premiumisation trend: Consumers are no more enticed by entry-level cars, TVs and phones
  28 Oct 2023, retail.economictimes.indiatimes.com
  The premiumisation gradient is the most visible in personal mobility choices. Once the mainstay of the car industry, the share of small cars in the overall pie is shrinking rapidly, even as stocks of companies such as Maruti Suzuki India hit lifetime highs. Lower priced vehicles, which earlier accounted for 85% of the market, now have a 58% share, said Shashank Srivastava, senior executive director, Maruti Suzuki…
• Senco Gold and Diamonds Celebrates Milestone of 150 Showrooms in India with Vidya Balan
  28 Oct 2023, indianretailer.com
  Senco Gold and Diamonds, a prominent jewelry retailer with a legacy spanning over eight decades, achieved a significant milestone by inaugurating two new showrooms in Kolkata, bringing its total count to 150 showrooms nationwide. Actress Vidya Balan, the brand ambassador, graced the occasion, marking the opening of the company’s new showrooms in Kankurgachi and Hatibagan. The Kankurgachi showroom, covering an expansive 2100+ sqft, caters to the cosmopolitan crowd, while the Hatibagan showroom, spanning an impressive 11500+ sq.ft, stands as Senco’s largest showroom nationally…
• Retail India News: Kalyan Jewellers Expands Retail Presence in Moradabad with Kriti Sanon
  28 Oct 2023, indianretailer.com
  The city of Moradabad witnessed a momentous occasion as crowds eagerly gathered to witness Bollywood actor Kriti Sanon inaugurate Kalyan Jewellers’ new showroom in Civil Lines. This significant launch signifies Kalyan Jewellers’ expansion to a total of 16 locations in the state of Uttar Pradesh. The freshly opened showroom, graced by Bollywood diva Kriti Sanon, offers a lavish and comprehensive shopping experience to its patrons, featuring a diverse range of exquisite jewelry designs…
• Apparel Group Expands Retail Presence in India with the Launch of New Stores in Bengaluru
  28 Oct 2023, indianretailer.com
  In accordance with the steadfast commitment of the Apparel Group to offer exceptional retail experiences, the conglomerate proudly introduces its leading lifestyle brands in the newly inaugurated Phoenix Mall of Asia, situated in the vibrant city of Bengaluru. This strategic expansion falls within the ongoing agenda of the Apparel Group to enhance the shopping experience by bringing highly sought-after brands within closer reach of their valued clientele in Bangalore…
• Unlocking the Secrets of Efficient Retail Supply Chain Management in India
  28 Oct 2023, indianretailer.com
  Every time we step into retail, there’s a hidden hero that ensures your favorite products find their way to you seamlessly: Supply Chain Management. It’s like the behind-the-scenes wizardry that keeps the show running smoothly. For ages, Supply Chain Managers have been ensuring that all the components in supply chain operate efficiently, and it certainly creates a curiosity into how just a bunch of few people transform the mere produce and sell system of products into this giant mechanism that reduces wastage, gets products ready and delivered on time, ensures constant availability of products, and builds trust among the consumers. Well, this article addresses not only your curiosities, but also the intricacies of Supply Chain Management…
• Retail India News: Voyage Eyewear Launches Voyage Women
  28 Oct 2023, indianretailer.com
  Voyage Eyewear has recently unveiled an exclusive platform dedicated to women’s eyewear, aptly named Voyage Women. The dedicated website, voyagewomen.com, has been meticulously crafted to meet the distinctive requirements and preferences of women in search of both stylish and protective sunglasses…
• Retail India News: Poonam Soni Unveils ‘White Hues’ Collection
  28 Oct 2023, indianretailer.com
  Poonam Soni has introduced the ‘White Hues’ collection, a unique blend of design and a profound message that resonates with her dedication to aesthetics and the creation of exceptional pieces, cherished by her loyal clientele. In this collection, Soni conveys a powerful message of sustainability and affordability coexisting with luxury in Indian retail…
• Retail India News: Rangriti Unveils Debut Brand Film with Kriti Sanon
  28 Oct 2023, indianretailer.com
  Rangriti is thrilled to announce the release of its inaugural brand film featuring the talented actor Kriti Sanon, a cinematic ode to the heart and soul of India – its colors…
• Retail Indian News: Studio by Agni Unveils Their Latest Sustainable Home Decor Collection
  28 Oct 2023, indianretailer.com
  Experience the revelation of Studio by Agni’s newest collection, a company renowned for its unwavering commitment to sustainable and artisanal home decor in the Indian market. Their offerings include contemporary rugs, cushions, and an array of accessories inspired by art, culture, and heritage. The most recent addition to their portfolio showcases exceptional rugs meticulously crafted to encapsulate the essence of natural warmth, thoughtfully curated to captivate the discerning audience…
• Honasa Consumer Limited Set to Soar with IPO After Remarkable Turnaround
  28 Oct 2023, indianretailer.com
  Honasa Consumer Limited (HCL), a company with a significant presence in the consumer goods industry, is all set to go public with its Initial Public Offering (IPO) on October 31, 2023. The IPO includes equity shares of face value of Rs 10 each, and it’s a significant development in the company’s journey. HCL is coming off a remarkable turnaround, reporting a net profit of Rs 24.71 crore in Q1-FY 2024, compared to a net loss of Rs 151 crore in FY 2023…
• Retail India News: Mufti Expands Product Portfolio with Autumn Winter 2023 Collection
  28 Oct 2023, indianretailer.com
  Hailing from the vibrant city of Mumbai, Mufti, a brand with a legacy dating back to 1998, has consistently set new standards in casual menswear in India. The Autumn Winter 2023 collection, freshly unveiled, stands as the epitome of bold elegance…
• Retail India News: Gemini Edibles and Fats India Unveils 10-Litre Multi-Use Jar for Freedom Refined Sunflower Oil
  28 Oct 2023, indianretailer.com
  Gemini Edibles and Fats India Limited (GEF India) has unveiled a new addition to its Freedom Refined Sunflower Oil range, a reusable 10-liter multi-use jar. This latest product expands the options available for Freedom Refined Sunflower Oil, which is currently offered in various sizes, including 200ml, 500ml pouch, 1-liter pouch, 500ml PET bottle, 1-liter PET bottle, 2-liter PET bottle, 5-liter HDPE jar, 10-liter multi-use jar, 15kg tin, 15-liter tin, and 15-liter HDPE jar. The launch event was graced by the presence of Ms. Radhika Pandit, a renowned Kannada Actress, and P. Chandra Shekhara Reddy, Senior Vice President – Sales and Marketing, Gemini Edibles and Fats India Ltd, along with the GEF India management…
• Retail India News: Spykar Unveils its Autumn-Winter 23/24 Collection
  28 Oct 2023, indianretailer.com
  Spykar, a renowned name in the fashion and lifestyle industry, is delighted to present its highly anticipated Autumn-Winter collection. This season, Spykar proudly introduces four distinct fashion concepts that encapsulate the very essence of modern aesthetics, celebrating individuality. The latest collection from Spykar artfully harmonizes the elements of utility, nostalgia, innovation, and timeless simplicity, providing a fresh and diverse range tailored to a variety of tastes and preferences…
• Technology – A Key Factor in Reshaping the Retail Landscape and Enhancing Customer Experience
  28 Oct 2023, indianretailer.com
  The COVID-19 pandemic spurred businesses to rethink traditional practices across industries and hence, companies rapidly adopted digital solutions to adapt to shifting consumer behavior. The retail industry, in particular, has experienced a significant transformation due to a growing emphasis on technology, increased online accessibility, changes in consumer behavior, and the emergence of new business tactics…
• Retail India News: Cult.sport Unveils Burn+ Smartwatch
  28 Oct 2023, indianretailer.com
  Cult.sport, a prominent name in the Indian retail sector, specializing in sports and fitness apparel, equipment, and supplements, has unveiled its eagerly awaited Burn+ Smartwatch. This cutting-edge smartwatch, boasting an impressive array of features and a sleek design, introduces a groundbreaking feature for cricket enthusiasts: Live Cricket Scores right on your wrist. The Burn+ Smartwatch is poised to revolutionize the way you engage with your favorite sport…
• THE NAYAKS OF NYKAA: How the Dynamic Duo – Anchit and Adwaita Nayar – Are Driving the Brand’s Retail Growth across India
  28 Oct 2023, irecwire.indianretailer.com
  The brand today has emerged as a beacon of innovation and success, with many remarkable achievements and a trailblazer in the beauty retail industry, with the Nayar twins each becoming ‘Generals’ – Anchit for BPC and Adwaita for Fashion and Home…
• Tasting Success: Meet India’s First Water Sommelier
  28 Oct 2023, irecwire.indianretailer.com
  With the emergence of fine waters in the global hospitality scene, its imperative or rather just a matter of time that restaurateurs will have to up their game when it comes to water…
• The Ribbon Room Bar & Tequileria Opens in Mumbai
  28 Oct 2023, restaurant.indianretailer.com
  The Ribbon Room has a diverse selection of servings of Sushi and Dim Sum to platters of Rolls and Dumplings, as well as offerings like Nori fries, Butter Spiced Shimeji, and Filo-coated Dynamite Prawns…
• The Source Vineyards Launches Pinot Noir
  28 Oct 2023, restaurant.indianretailer.com
  Pinot Noir is one of the world’s greatest red grapes, producing some of the most expensive and sought after red wines which can cost as much 15,000 Euros a bottle for some of the top wines from Burgundy – the spiritual home of Pinot Noir…
• NOTO Launches a Line of Guilt Free Cheesecakes
  28 Oct 2023, restaurant.indianretailer.com
  NOTO is known for crafting guilt-free products and their extensive range of offerings, such as gelato, ice cream, bite-sized treats, and popsicles..
• Authentic Brands Group Teams Up with Kidz Concepts to Expand Aéropostale Kids Line
  28 Oct 2023, indianretailer.com
  Authentic Brands Group (Authentic) has formalized a strategic partnership with Kidz Concepts to introduce Aéropostale kids. Under this agreement, Kidz Concepts will undertake the design, manufacturing, and distribution of sportswear, activewear, swimwear, and performance outerwear tailored for both boys and girls within the United States…
• The Levy Group Inks Deals with Ben Sherman and Dakine for Expansive Apparel Collections
  28 Oct 2023, indianretailer.com
  The Levy Group has officially entered into agreements with the renowned U.K. heritage menswear brand, Ben Sherman, and the prominent American active and outdoor company, Dakine, under a deal sealed with their parent company, Marquee Brands…
• Colgate-Palmolive Q2 Results: Profit rises 22% YoY on higher demand
  27 Oct 2023, retail.economictimes.indiatimes.com
  The rise of premium oral hygiene products has given customers with larger incomes access to higher-quality options. Intensive marketing efforts and increased distribution, meanwhile, have boosted demand in rural areas…
• Premiumisation Story: Titan set to launch an invite-only jewellery store with minimum ticket size of Rs 10 lakh
  27 Oct 2023, retail.economictimes.indiatimes.com
  The company has taken 17,000 sq ft space in Delhi’s South Extension market for the luxury store, said two executives aware of the development. They said Titan is doing a pilot for this luxury format in the national capital and might replicate it in other parts of the country…
• Asian Paints Q2 Results: PAT soars 53% YoY to Rs 1,232 crore; firm announces Rs 5.15/share dividend
  27 Oct 2023, retail.economictimes.indiatimes.com
  Asian Paints Q2 Results: The board of directors of the firm have recommended an interim dividend of Rs 5.15 per equity share of face value Re 1 each for the financial year ended 31 March 2024. The record date for the purpose of determining the entitlement of the shareholders for interim dividend has been fixed as Friday, 3rd November 2023, and the dividend will be paid to the shareholders on or after Monday, 13th November 2023…
• Westlife Q2 Results: McDonald’s India franchisee posts surprise profit drop on higher costs
  27 Oct 2023, retail.economictimes.indiatimes.com
  Prices of several major commodities, including cheese and vegetables, shot up during the quarter, resulting in a jump in expenses with many restaurants going as far as taking tomatoes off their recipe…
• More Retail’s FY23 loss widens to Rs 550 crore, revenue falls 7.4%
  27 Oct 2023, retail.economictimes.indiatimes.com
  More Retail loss rose to Rs 550 crore in 2022-23 from Rs 402 crore in the fiscal before. Revenue has declined 7.4% to Rs 4,507 crore. Revenue contributors of More RetIail are grocery food and staples at 53% of the sales, followed by grocery non-food at 22% and fresh products at 19%…
• India ‘priority market’, M&S accelerates store expansion
  27 Oct 2023, retail.economictimes.indiatimes.com
  M&S, a mainstay of the UK high street, has been trying to appeal to younger shoppers globally and announced an overhaul of its stores to expand its brick and mortar presence to build a more resilient business and focus on quality merchandise. Also, companies such as Levi’s, Uniqlo and Celio are increasingly getting popular for functional basics like T-shirts and jeans, unlike fast-fashion rivals that are associated with designs that move quickly from the catwalk to the showroom…
• Burger Singh plans 250 new outlets, to raise $10m in Series B
  27 Oct 2023, retail.economictimes.indiatimes.com
  “Even though the company has a runway in terms of funds for the next three years, raising capital takes at least a year… So, if we start the process in 2024 it will take another 8 to 10 months for the funds to flow in,” Singh said…
• Amazon Q3 Results: Retail giant beats earnings estimates as revenue rises 13%
  27 Oct 2023, livemint.com
  Amazon.com Inc. beat third quarter revenue estimates led by rising sales in its retail unit and significant cost cutting…
• Zepto revenue surges to ₹2,024 cr, losses widen to ₹1,272 cr in FY23
  27 Oct 2023, thehindubusinessline.com
  The company’s total expenses increased from ₹533 crore in FY22 to ₹3,350 crore during FY23. Quick commerce unicron startup saw its revenue from operations jump to ₹2,024 crore in FY23, according to the company’s statement…
• Aditya Birla Group’s TMRW invests Rs 155 crore in menswear brand The Indian Garage Co
  27 Oct 2023, retail.economictimes.indiatimes.com
  ​​The men’s casualwear brand is looking to clock Rs 1,500 crore in the next five years, while focusing on expanding its sales in tier two and three cities…
• ‘Pink’ gin maker Samsara plans to enter new categories, mkts
  27 Oct 2023, livemint.com
  Spaceman Spirits Lab Pvt. Ltd, the owner of the Samsara gin brand, which started operations in 2020-21, plans to expand by venturing into new categories, introducing variants, and extending its reach across the country…
• Fashioning the future: Experts talk trends and challenges in online commerce
  27 Oct 2023, retail.economictimes.indiatimes.com
  Discover the ever-evolving world of online fashion commerce as Kartik Kannan, Group Product Manager, Ajio and Drew Mossbarger, VP of Product and Engineering, Visenze provide insights into emerging trends and formidable challenges, guiding the path toward the future of digital fashion retail…
• India’s festival season to bring some cheer to economy, say economists – Reuters Poll
  27 Oct 2023, retail.economictimes.indiatimes.com
  Economists predict that Indian consumer spending during this year’s festival season will be slightly better than last year, but it is unlikely to significantly boost the country’s already fast-growing economy. Despite expectations of 6.3% growth this fiscal year and next, the survey data suggests that a Reserve Bank of India interest rate cut is still far off. While consumer spending in the current quarter is expected to provide some lift, the overall growth outlook for the year remains unchanged…
• India now largest market in APAC for BenQ
  27 Oct 2023, retail.economictimes.indiatimes.com
  India has surpassed Japan to become the leading revenue market in the Asia Pacific region for consumer electronics and display products manufacturer BenQ, as confirmed by Jeffrey Liang, the president of the company’s APAC region. On a global scale, India now holds the company’s third-largest market position, following China and the United States of America…
• Retail India News: Balenzia Expands Offline Presence with Seventh Store Opening at Lulu Mall, Bengaluru
  27 Oct 2023, indianretailer.com
  Balenzia, a distinguished name in the realm of high-quality fashion and lifestyle socks, is excited to announce the inauguration of its seventh retail store for the year. This landmark achievement marks Balenzia’s first-ever partnership with the prestigious Lulu Group International and signifies a pivotal moment in the brand’s retail expansion strategy…
• Tata Consumer Products Unveils FY 2025-26 Sustainability Targets Amid Strong Progress in FY 2022-23
  27 Oct 2023, indianretailer.com
  Tata Consumer Products Ltd (TCPL), the global leader in consumer products and a member of the Tata Group, has unveiled a comprehensive set of sustainability milestones and metrics for the fiscal year 2025-26. The company reaffirms its unwavering commitment to sustainable business practices, in line with its previously announced ESG Strategy, structured around the four pillars of “For Better Sourcing, For Better Planet, For Better Communities, and For Better Nutrition…
• Retail India News: Weikfield Introduces Nutrient-Rich Weikfield Iron Fortified Pasta
  27 Oct 2023, indianretailer.com
  Weikfield Foods Pvt Limited, a household name recognized for its popular products such as Custard Powder, Corn Flour, Baking Powder, and Pasta, proudly unveils the Weikfield Iron Fortified Pasta. This nutritionally enriched pasta boasts fortification with essential nutrients like Iron, Vitamin B12, and Folic Acid, all while preserving its delectable taste…
• Retail India News: Enhance Your Festive Beauty with Tira’s Exclusive Benefit All Lit Up Kit
  27 Oct 2023, indianretailer.com
  Tira Beauty invites you to elevate your beauty game this festive season with an exclusive offering: the Benefit All Lit Up Kit, a limited-time gem available only at Tira Beauty. However, time is of the essence – this sensational kit is accessible until November 14th, or while supplies last…
• Retail India News: Opulin Unveils the Radiant Diwali Gifting Collection
  27 Oct 2023, indianretailer.com
  As the festival of lights, Diwali, approaches, Opulin, a prominent name in the realm of home décor and lifestyle products, is delighted to present its exquisite Diwali Gifting Collection. Tailored to illuminate your celebrations with a vibrant array of home essentials, this collection not only captures the festival’s essence but also serves as the perfect gift for your cherished ones…
• Retail India News: Flipkart Wholesale Presents Diwali Shopotsav 2023
  27 Oct 2023, indianretailer.com
  Flipkart Wholesale, the digital B2B online platform under the banner of India’s indigenous Flipkart Group, is pleased to announce the launch of Diwali Shopotsav, an annual sales event for its B2B members. This grand event is scheduled to run from October 25 to November 12, 2023, under the tagline ‘Bolo Fayde Ki Boli.’ Diwali Shopotsav will be accessible through all 26 brick-and-mortar stores as well as the Flipkart Wholesale app…
• Retail India News: McCain Foods Launches New Savory Delights for the Diwali Season
  27 Oct 2023, indianretailer.com
  In anticipation of the upcoming Diwali season and amidst the World Cup fervor, McCain Foods, a renowned frozen food brand, is excited to announce the addition of two delectable products to its portfolio – McCain Popcorn Fries and McCain Cheesy Pizza Fingers. These savory indulgences are poised to provide a distinctive snacking experience and serve as the perfect companions for gatherings as India gears up for the festivities…
• Daewoo and Kelwon Join Hands to Chart the Course for India’s Retail Evolution
  27 Oct 2023, indianretailer.com
  Daewoo, the internationally acclaimed brand under the umbrella of South Korea’s powerhouse conglomerate, Posco Daewoo, is strategically positioning itself for a grand entrance into India’s dynamic market. This strategic masterstroke is set to ride the wave of India’s robust economic growth and skyrocketing consumer demand, cementing its place as one of the world’s most promising consumer frontiers…
• Retail India News: Elevate Your Festive Look with Timex Radiance Fria Collection
  27 Oct 2023, indianretailer.com
  Make your festive glamour truly unforgettable with a timepiece from the newly released Timex Fria Collection, meticulously crafted to complement the elegance of this season. This exquisite collection, as featured in the Timex India #WasteMoreTime campaign with the dynamic Ananya Panday, is the perfect addition to your festive ensembles. The Fria collection strikes an impeccable balance between style and functionality, making it an ideal choice for any occasion. Each timepiece in this collection boasts intricate detailing and superb craftsmanship, bestowing a touch of opulence upon every outfit…
• Retail India News: Sunny Leone Teams Up with Looks Salon and StarStruck
  27 Oct 2023, indianretailer.com
  Sunny Leone, a multifaceted businesswoman, a captivating actress, and a renowned model, is set to embark on a groundbreaking venture that promises to reshape the beauty landscape. In an exciting move, Sunny Leone has joined forces with Looks Salon, India’s fastest-growing salon chain, and her globally acclaimed cosmetic line, StarStruck by Sunny Leone. This partnership will deliver a unique and unparalleled beauty experience to beauty enthusiasts, aficionados, and clients, just in time for the festive season…
• Retail India News: Tata CLiQ Luxury Expands its Home Category with Good Earth Collab
  27 Oct 2023, indianretailer.com
  Tata CLiQ Luxury stands as a diverse haven for luxury enthusiasts, housing an extensive array of brands across various categories. Pioneering the concept of mindful luxury, the platform diligently curates an enriching consumer experience by uniting an impressive roster of Indian and global luxury brands under one roof. In its steadfast commitment to bolster the home category, a strategic focal point and one of the platform’s fastest-growing sectors, Tata CLiQ Luxury has undertaken a remarkable initiative…
• Retail India News: Chumbak Unveils Its Vibrant Marigold Collection Ahead of the Festive Season
  27 Oct 2023, indianretailer.com
  In anticipation of the upcoming festive season, Chumbak, the beloved homegrown lifestyle brand with a global influence, is thrilled to introduce its latest Marigold collection of homeware and gift items. Drawing inspiration from the ever-auspicious Marigold motif, a perennial favorite in Indian households, this collection is designed to infuse your celebrations with a burst of vibrant colors and prints, perfectly harmonizing with the season’s atmosphere and infusing warmth and joy into your living space…
• Nonna’s Unveils India’s First Neapolitan Sourdough Pizzeria in Pune
  27 Oct 2023, restaurant.indianretailer.com
  The menu comprises a selection of fried appetizers, salads, oven-baked starters, and desserts, including Eggplant Parmigiana, Garlic Sourdough, Tomato and Mozzarella Focaccia and Nonna’s renowned Tiramisu…
• Pizza Hut Opens its most Sustainable Store in India at Mahim
  27 Oct 2023, restaurant.indianretailer.com
  The restaurant is also equipped with an Energy Management System (EMS) to monitor and control power usage, saving 5-6% on average…
• Jubilant Foodworks Reports 26% Decline in Q2 FY24 Net Profit at Rs 97.20 Crore
  27 Oct 2023, restaurant.indianretailer.com
  The company saw an increase in its overall revenue, reaching Rs 1,375.69 crore during Q2 FY24, compared to the Rs 1,311.92 crore recorded in Q2 FY23…
• Ashwin Sheth Group Strengthens Its Leadership Team
  26 Oct 2023, rprealtyplus.com
  Ashwin Sheth Group (ASG), a leading real estate developer in Mumbai, India, has further strengthened its leadership team with the appointment of Sanjeev Agarwal as Chief Design Officer and Deepak Naidu as Chief Project Officer as part of its aggressive business growth and expansionary plan…
• Decathlon FY23 sales shoot up 37% in India
  26 Oct 2023, retail.economictimes.indiatimes.com
  Decathlon’s India unit experienced a 37% increase in sales to Rs 3,955 crore in FY23, driven by high demand for fitness wear and sports equipment. The company, which offers products for 85 different sporting disciplines, is larger than Adidas, Nike, and Asics combined in India. Despite the growth in sales, Decathlon reported a net loss of Rs 18.6 crore…
• Jubilant Foodworks net profit drops 26% to Rs 97.20 crore in Q2 FY24
  26 Oct 2023, retail.economictimes.indiatimes.com
  Shyam S. Bhartia, Chairman and Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Limited said, “We are focused on pursuing growth, driving innovation and executing on opportunities to expand margins. Our investments in technology and delivery channel are paying off, as we registered positive like-for-like growth in the channel and traffic on the app grew ahead of our plan. We will continue to make investments in store expansion, technology and the team to stay ahead of the curve and ensure our continued long-term success…
• India now second biggest market for Rado, says Global CEO Adrian Bosshard
  26 Oct 2023, retail.economictimes.indiatimes.com
  Commenting on Rado’s growth in India, Bosshard said that the watch brand has witnessed exemplary growth in the last 14 years and today owns an ‘unbelievably high’ market share in its price segment. He did not share the specifics of yearly growth and market share…
• Mamaearth parent says contribution of top 10 products to operating revenue decreasing
  26 Oct 2023, retail.economictimes.indiatimes.com
  For the year-ended March 31, Honasa’s top 10 products accounted for 27.38% to its Rs 1,492.75 crore operating revenue, down from 30.17% of Rs 943.46 crore in the previous year, according to the RHP…
• Daewoo enters Indian consumer electronics & appliance market through Kelwon Electronics
  26 Oct 2023, retail.economictimes.indiatimes.com
  South Korean brand Daewoo has entered the Indian consumer electronics market through licensee partner Kelwon Electronics & Appliances. Kelwon plans to invest approximately INR 300 crore ($40 million) over the next three years. The company will introduce Daewoo products in the energy and power, and consumer electronics sectors, adopting a twin brand strategy…
• Nokia device maker HMD to launch its own brand
  26 Oct 2023, retail.economictimes.indiatimes.com
  HMD Global, the maker of Nokia devices, plans to launch smartphones under its own brand in the first half of 2024. The company may prioritize India as its initial market, considering it a critical market for HMD-branded devices. HMD intends to manufacture all handsets under the new brand in India and explore exporting to other markets…
• Asics India FY23 profit rises 37.7 pc to Rs 55.1 cr
  26 Oct 2023, retail.economictimes.indiatimes.com
  The total expenses increased 36.72 per cent to Rs 271.20 crore in FY23 compared to Rs 198.35 crore in the year-ago period…
• Vummidi Bangaru Jewellers forays into the US market; to invest Rs 1,850 cr in expansion
  26 Oct 2023, retail.economictimes.indiatimes.com
  Vummidi Bangaru Jewellers, a century-old jewellery retailer, has entered the US market with the opening of a store in Dallas. The company plans to open three more stores in the US and eight in Tamil Nadu over the next three years. With the US expansion, the jeweller aims to generate $100 million in revenue annually, with at least 30% contributing to overall business in the next three years…
• Dangling a carat: Gold shines brighter this festive season even as battle rages in Gaza
  26 Oct 2023, retail.economictimes.indiatimes.com
  Gold prices, which stood at ₹57,415 per 10 gm before the attacks by Hamas, have shot up to ₹60,612 in the past fortnight. “The upward trend has been visible since the month of Shraadh,” said Saurabh Gadgil, managing director of PNG Jewellers…
• Homegrown brand Proost Beer raises Rs 25 cr in pre-series A
  26 Oct 2023, retail.economictimes.indiatimes.com
  “With this funding, we anticipate achieving a remarkable 300% growth,” said Vijay P. Sharma, co-founder and MD, Proost Beer…
• Heineken holds forecast as sells less beer, but makes more money
  26 Oct 2023, retail.economictimes.indiatimes.com
  Heineken, the world’s second largest brewer, maintained its full-year outlook despite selling less beer in the third quarter. Higher prices and consumers opting for more expensive lagers helped the company generate more revenue. While Brazil and Mexico performed well, Asia showed improvement but was still down, Africa volumes were affected by declines in Nigeria and South Africa, and Europe suffered due to poor summer weather…
• Kunal Bahl remains optimistic about start-ups, says next 5 yrs will see ‘wave of profitable new age companies going public’
  26 Oct 2023, retail.economictimes.indiatimes.com
  Bahl, who had founded Snapdeal in 2010 along with Rohit Bansal, wrote that “SaaS companies with 150-500cr in revenue and brands, largely fashion & personal care, with 750-1000cr in revenue” would be among those who would be going public…
• CMDA asks mall owners to ensure seamless traffic flow
  26 Oct 2023, timesofindia.indiatimes.com
  Chennai: Ahead of the festival season, the Chennai Metropolitan Development Authority held a consultative meeting with mall owners to regulate traffic congestion in front of shopping malls on Wednesday…
• Retail India News: Grace Fine Jewells Opens Its Flagship Store in Karol Bagh
  26 Oct 2023, indianretailer.com
  Grace Fine Jewells, renowned for its exquisite designs, is delighted to announce the inauguration of its first retail store in the shopper’s paradise of Karol Bagh, Delhi. The grand opening event is scheduled for October 23rd, 2023, at their impressive new address on #1 Arya Samaj Road in Karol Bagh, with Harsh Vardhan, Member of Parliament, gracing the occasion as the chief guest…
• Retail India News: Ayaani Diamonds Marks Opening of Mumbai Store with Honourable Minister Shri Narayan Rane
  26 Oct 2023, indianretailer.com
  Ayaani Diamonds, the foremost Lab Grown Diamond Jewellery brand in India, is delighted to announce the inauguration of its latest retail establishment in the bustling city of Mumbai. The grand opening, set to coincide with the auspicious occasion of Dussehra on October 24th in Bandra West, will be graced by the esteemed presence of Shri Narayan Rane ji, serving as the Honourable Minister of MSME in the Government of India…
• Retail India News: Jacqueline Fernandez Joins Lotus Herbals for New WhiteGlow Vitamin C Campaign
  26 Oct 2023, indianretailer.com
  Lotus Herbals, India’s prominent natural beauty care company, proudly unveils its latest campaign featuring the enchanting Jacqueline Fernandez, the Brand Ambassador, promoting the WhiteGlow Vitamin C range of skincare products. In her role as the brand’s face, Jacqueline takes center stage in a high-voltage multimedia campaign that will be broadcast on TV, digital platforms, social media channels, and multiplexes throughout India. The focal point of this campaign is the newly introduced Lotus Herbals WhiteGlow Vitamin C Gel-Crème SPF 20…
• Retail India News: H&M Expands Product Portfolio with the Rabanne Collection
  26 Oct 2023, indianretailer.com
  The collaboration between Rabanne and H&M represents a union of futuristic design and innovative craftsmanship. This collection draws inspiration from the iconic creations of Paco Rabanne, the late founder of the fashion house, which has experienced a creative resurgence since 2013 under the guidance of Julien Dossena, the creative director. The Rabanne H&M collection elevates groundbreaking, dancefloor-ready style to new heights, seamlessly blending iconic chainmail and sparkling sequins with casual sportswear and refined tailoring…
• Retail India News: Wardwizard Foods and Beverages Unveils QuikShef Spice Range
  26 Oct 2023, indianretailer.com
  Wardwizard Foods and Beverages Limited is pleased to introduce its QuikShef Spice Range during the auspicious Navratri festival, marking a substantial expansion in its product line. With a forward-looking vision, the company aims to capture the market’s attention with this innovative addition. This strategic step represents a transformative phase in the company’s journey as it ventures into a promising new sector…
• Retail India News: Centuary Mattresses Launches ‘Deal Wali Diwali’ Campaign to Elevate the Festive Season
  26 Oct 2023, indianretailer.com
  During the festival season, Centuary Mattresses, a well-established name in the sleep solutions retail industry in India for over 35 years, is delighted to introduce an exciting new campaign – ‘Deal Wali Diwali,’ running from October 15th, 2023, to November 15th, 2023. With a steadfast commitment to delivering unparalleled comfort and quality, Centuary Mattress is all geared up to make this festive season exceptionally memorable for its valued customers, complete with some delightful surprises…
• Retail India News: Anko India Unveils Festive Sale, Offers Up to 60 pc Discounts on Homeware Products
  26 Oct 2023, indianretailer.com
  Anko India, the adored Australian homeware retail brand, is elated to announce the commencement of its long-awaited festive sale. The sale is currently live on Anko’s official website, where customers can avail themselves of substantial discounts of up to 60 percent on a diverse range of homeware products…
• Retail India News: Liberty Shoes Unveils NitPro Technology Redefining Footwear Comfort
  26 Oct 2023, indianretailer.com
  Liberty Shoes, a prominent player in the Indian footwear retail industry, has once again showcased its dedication to innovation with the launch of NitPro, an advanced technology seamlessly incorporated into its latest footwear line. NitPro represents a significant stride in augmenting footwear’s overall comfort and performance, reaffirming Liberty Shoes’ commitment to delivering top-tier products to its clientele…
• Retail India News: Jaipur Rugs Celebrates Phenomenal Success of 2023 Rug Utsav
  26 Oct 2023, indianretailer.com
  Jaipur Rugs, a globally esteemed leader in the handmade rug retail industry, is delighted to announce the resounding triumph of its annual 2023 Rug Utsav, which commenced on September 27th. This year’s event has garnered an enthusiastic response from Indian consumers, offering a seamless fusion of artistic expression, exquisite craftsmanship, and an inspiring educational endeavor…
• Online Sellers Shine Through Tough Times with Festive Optimism
  26 Oct 2023, indianretailer.com
  Despite a challenging start to the year in CY23, online sellers are gearing up for a festive season comeback. They anticipate a substantial year-on-year sales boost of at least 15 percent during the upcoming festive period. The median projection stands at an impressive 26 percent growth compared to last year’s festive season. Sellers spanning various product categories, including those with lower average selling prices like fashion, are displaying a bullish outlook on this growth trajectory. This surge in sales is poised to offer a much-needed respite in the face of an otherwise demanding macroeconomic environment…
• Retail India News: Rado Appoints Katrina Kaif as Global Brand Ambassador
  26 Oct 2023, indianretailer.com
  Rado, the renowned Swiss watchmaker celebrated for its pioneering use of materials in crafting timeless designs, is thrilled to introduce Bollywood Superstar Katrina Kaif as its Global Brand Ambassador. This significant collaboration underscores Rado’s dedication to curating enduring memories…
• Retail India News: BluHeat by Nysh.in Unveils BluHeat Cramp Care for Pain Relief During Menstrual Cramps
  26 Oct 2023, indianretailer.com
  BluHeat by Nysh.in, a recognized name in innovative pain relief solutions, is delighted to unveil its latest offering – BluHeat Cramp Care. This product has been meticulously engineered to provide exceptional comfort and relief for individuals experiencing menstrual cramps. Leveraging the therapeutic potential of heat, BluHeat Cramp Care offers a natural and safe approach to alleviating pain…
• Yum Yum Tree Group Unveils Yum Yum Cha in Noida
  26 Oct 2023, restaurant.indianretailer.com
  The dining experience at Yum Yum Cha is elevated by a selection of gourmet delights including Dim Sum, Sushi, Sizzling Stone Bowls, Bubbling Hot Pots, Mochi Ice Cream, Fun Bottles, and an array of snacks…
• Samosa Singh Expands to Sarath City Mall Hyderabad with New QRS Outlet
  26 Oct 2023, restaurant.indianretailer.com
  The newly opened outlet will feature a diverse range of offerings including Kachori, Dahi Bhalla, and various Chaat, which are popular choices alongside their signature samosas…
• New Coastal Themed Restaurant, Coast & Bloom Opens in Mumbai
  26 Oct 2023, restaurant.indianretailer.com
  The menu spans a diverse culinary landscape, from the Mediterranean charm of Spanakopitas to the bold flavors of Mapo Tofu and many more…
• The Future of Hotel Design: Innovative Concepts and Architectural Trends
  26 Oct 2023, restaurant.indianretailer.com
  The industry yearns for innovation, where each hotel brand is striving to stand out in terms of providing a seamless experience to guests…
• Macy’s Unveils a Fusion of Fashion and Technology: mstylelab
  26 Oct 2023, indianretailer.com
  Macy’s has unveiled mstylelab, a groundbreaking engagement platform that seamlessly merges the physical and digital realms. Accessible on any device and through any browser at Macys.com/mstylelab, the public is cordially invited to join this vibrant community, establish their unique usernames, and obtain personalized digital items. The inaugural activation offers an immersive fashion experience, brought to life through the innovative metaverse technology platform Journee…
• Bad Bunny and adidas Unveil the Response CL: A Western-Inspired Collab
  26 Oct 2023, indianretailer.com
  Bad Bunny and adidas are proud to announce the latest addition to their ongoing collaboration, the Response CL. This new release draws inspiration from the Western universe, representing a unique reinterpretation influenced by Bad Bunny’s distinctive style, with the vast desert serving as a wellspring of creativity…
• Retail India News: Flower Aura Marks 13-Year Milestone with Reimagined Brand Identity
  26 Oct 2023, indianretailer.com
  Flower Aura has recently celebrated its 13th anniversary and to mark this significant milestone, the brand has undergone a complete transformation of its identity. Flower Aura acknowledges that in today’s world, where every gesture serves as a canvas for personal expression, gifting has evolved beyond mere material exchanges. It now signifies thoughtfulness, the reflection of emotions, and a celebration of relationships…
• Retail India News: TIESTA Collabs with Designer Nikhil Thampi to Unveil Footwear Collection
  26 Oct 2023, indianretailer.com
  TIESTA, the Indian eco-ethical footwear brand founded by the sister duo Janvi and Helly Jogatar, is thrilled to announce a groundbreaking collaboration for the current season. They have partnered with renowned designer Nikhil Thampi to craft a distinctive footwear collection that embodies a unique fusion of bold sophistication and ethical artisanship…
• Indian retailers look set for a return to good times with festive season
  26 Oct 2023, newindianexpress.com
  Early signs from Onam and Durga Puja suggest that retail companies may report better growth this festive season compared to the last, with online spends seen up 20%…
• Retail India News: Flower Aura Marks 13-Year Milestone with Reimagined Brand Identity
  26 Oct 2023, indianretailer.com
  Flower Aura has recently celebrated its 13th anniversary and to mark this significant milestone, the brand has undergone a complete transformation of its identity. Flower Aura acknowledges that in today’s world, where every gesture serves as a canvas for personal expression, gifting has evolved beyond mere material exchanges. It now signifies thoughtfulness, the reflection of emotions, and a celebration of relationships…
• Runwal Group Launches Newest Cluster In Runwal Mycity In Dombivli
  25 Oct 2023, rprealtyplus.com
  Runwal Group, one of Mumbai’s most prestigious real estate developers has announced the grand launch of Codename Woods their newest cluster in Runwal MyCity, Dombivli. Launched two towers of the new clusters constitute 33 storeys and over 575 homes in total. The home configurations include Parsik Hills and Central Park facing 1, 2, & 3 BHK…
• Oberoi Realty’s sales bookings decline 17% to Rs 965 crore in Q2 FY24
  25 Oct 2023, realty.economictimes.indiatimes.com
  According to a regulatory filing on October 20, the company booked 151 units during the July-September period as against 132 units in the year-ago period…
• The slow and steady revival of malls in Gujarat
  25 Oct 2023, realty.economictimes.indiatimes.com
  According to mall owners, rising appetite for luxury, more awareness and increasing disposable incomes are among key reasons for retail trade to grow overall, and as a result, malls as organized retail spaces are doing good business…
• Bhutani Infra Plans Expansion Out Of NCR
  25 Oct 2023, rprealtyplus.com
  Realty company Bhutani Infra said it is developing a 15 million square feet area in four projects in Noida and also expanding out of the national capital region (NCR) for the first time in four locations…
• ETRetailCafe: Skechers South Asia’s Rahul Vira on his fascinating retail journey
  25 Oct 2023, retail.economictimes.indiatimes.com
  Rahul Vira, CEO and Country Manager of Skechers South Asia shares how he joined the retail industry against his father’s wish as he wanted him to pursue some other career after his MBA. He said, “I told my father that this is going to be the industry of the future as West was already progressing in the retail and this is going to be replicated in India soon…
• Festive sales may fetch Flipkart up to Rs 36,000 crore in gross sales
  25 Oct 2023, retail.economictimes.indiatimes.com
  This year, during the first week of the festive season sales on ecommerce marketplaces, GMV grew by about 18% to around $4 billion, according to Datum Intelligence, a market research firm…
• udaan reports over 300% rise in premium FMCG packs sales
  25 Oct 2023, retail.economictimes.indiatimes.com
  In the last one year, the FMCG category, in particular, has surged, achieving an impressive two-fold increase in size. On a Y-o-Y basis, the FMCG category on udaan has seen a robust growth in new customer with a 1.6-fold increase in the past year alone. The Average Order Value has also been on the rise, showing a 1.3-fold increase…
• Flipkart India logs 9% revenue growth at Rs 55,823 crore; losses widen by 42%
  25 Oct 2023, retail.economictimes.indiatimes.com
  Flipkart India is among several entities owned by US retailer Walmart, including companies such as fashion etailer Myntra, travel portal Cleartrip and Walmart India (which runs the Best Price wholesale stores) among others. Flipkart Internet and Flipkart India are two key entities that are critical to the etailer’s operations in India…
• FAIS: Fashion brands embracing innovation to create a seamless integrated consumer journey
  25 Oct 2023, retail.economictimes.indiatimes.com
  Virtual try-on is another tool that simplifies the consumer journey, however, apparel brands are yet to crack the code to successfully implement virtual try-on…
• Lotte plans to widen ice cream biz
  25 Oct 2023, livemint.com
  Mumbai: Korean food giant Lotte Confectionery is expanding its presence in India’s ice cream market, with plans to invest ₹550 crore over five years to boost production at Havmor Ice Cream…
• Coca-Cola India biz delivers double-digit volume & topline growth in Sep quarter
  25 Oct 2023, retail.economictimes.indiatimes.com
  “In India, we delivered double-digit volume and top-line growth, which resulted in the highest value share gains over the past three years. We are winning in the market by generating 2.6 billion transactions at affordable price points and driving availability across rural regions,” The Coca-Cola Company Chairman and CEO James Quincey said…
• Spiced-up Saffola oats pips Quaker in sales
  25 Oct 2023, retail.economictimes.indiatimes.com
  Marico’s strategy of giving a local twist to oats by introducing a savoury version to an otherwise sweeter option consumed globally has helped Saffola dethrone Quaker as the leading brand in the category…
• Consumer spending on cars, smartphones, TVs and other big-ticket items lights up festive sales in first leg
  25 Oct 2023, retail.economictimes.indiatimes.com
  The first phase accounts for 40-50% of total festive sales. The second phase begins a week before Diwali, which is on November 12 this year. This surge reflects a revival in consumer sentiment, which has been subdued for over a year…
• Asics India FY23 profit rises 37.7 pc to Rs 55.1 crore
  25 Oct 2023, financialexpress.com
  Sports performance brand ASICS India’s profit increased 37.74 per cent to Rs 55.11 crore for FY23, and its revenue from sales grew 35.85 per cent to Rs 340.85 crore, according to data accessed by business intelligence platform Tofler…
• The big fat Indian wedding party is all set to kick off
  25 Oct 2023, retail.economictimes.indiatimes.com
  Shantanu Mehra, CEO and co-founder, Maison Shantnu & Nikhil said after the pandemic, there is a “deep hunger” among consumers and the spending is more than usual to make personalised purchases. “The consumers are now looking at much more classic and timeless things even if it costs them slightly more and now is the time for quality and design over anything,” he added…
• Affinity Petcare to invest 20% revenues on marketing
  25 Oct 2023, retail.economictimes.indiatimes.com
  Affinity Petcare has entered the India market in partnership with pet foods and products maker Scientific Remedies. The company has first launched Affinity Advance, the flagship brand of Affinity Petcare in India, a market that is forecasted to touch $1,932.6 million by 2030…
• 83% consumers not happy with convenience fees they pay online: Survey
  25 Oct 2023, retail.economictimes.indiatimes.com
  According to the survey, some consumers also cited the example of UPI payments where no charges are being levied…
• Retail India News: Jaipur Watch Company Expands its Retail Presence with a Store at Rambagh Palace
  25 Oct 2023, indianretailer.com
  Jaipur Watch Company, a distinguished name renowned for its innovative art and heritage watches, is delighted to announce the inauguration of its third retail store, situated within the historic Rambagh Palace in Jaipur, India…
• Retail India News: Kylie Cosmetics and Kylie Skin Make Debut in Mumbai Duty-Free
  25 Oct 2023, indianretailer.com
  Coty Travel Retail Asia Pacific is delighted to announce the introduction of Kylie Cosmetics and Kylie Skin by Kylie Jenner at Chhatrapati Shivaji Maharaj International Airport in Mumbai. The store, inaugurated on October 17, 2023, and situated in a prime location within the Mumbai Duty Free, offers travelers the opportunity to explore and purchase a comprehensive selection of Kylie Cosmetics and Kylie Skin products before their flights…
• Retail India News: Timex Launches “Waste More Time” Campaign with Ananya Pandey
  25 Oct 2023, indianretailer.com
  Timex, a global trailblazer and innovator in the watchmaking industry, is challenging the conventional notion of investing time with their latest campaign, ‘Waste More Time,’ featuring the captivating Ananya Pandey. In a world where every second appears meticulously allocated, Timex champions the belief that time spent discovering the freedom to be one’s authentic self is time exceptionally well utilized, even if it may be perceived as unconventional by others…
• Indian Consumer’s Financial Confidence Rises, Brings a New Wave of Luxury Spends This Festive Season
  25 Oct 2023, indianretailer.com
  With the festive season nearing, Indian consumer confidence is increasing, with 56 percent indicating their readiness to spend on celebratory items. Additionally, 49 percent believe they can effectively handle significant unexpected expenses in the near future…
• Retail India News: H&M India Expands its Presence in Mangalore with a New Store
  25 Oct 2023, indianretailer.com
  H&M India has successfully launched its inaugural store in Mangalore, an establishment spanning 1452 square meters, nestled within the Fiza by Nexus Mall. This significant expansion marks a pivotal milestone in H&M’s ambitious endeavors within the Indian retail landscape…
• Retail India News: Haier India Unveils Metalustre Series, Elevates Kitchen Spaces
  25 Oct 2023, indianretailer.com
  Haier Appliances India (Haier India), a global leader in home appliances and the world’s number one brand in major appliances for 14 consecutive years, proudly introduces its latest innovation, the Metalustre series – an assortment of refrigerators featuring a vibrant steel finish. This launch marks another significant stride by Haier in enhancing kitchen environments for consumers while adding a modern touch to their everyday lives…
• The Data-Driven Future of D2C Retail: Personalization & AI in E-Commerce
  25 Oct 2023, indianretailer.com
  In the dynamic realm of retail, one phrase has emerged as the ultimate mantra for success: “Direct-to-Consumer” or D2C. This approach has fundamentally altered how businesses connect with their audience by eliminating intermediaries and establishing direct relationships. However, in today’s digital commerce landscape, marked by intense competition and soaring consumer expectations, thriving as a D2C brand requires more than just cutting out the middleman. It necessitates a strategic blend of two forces: personalization and artificial intelligence (AI)…
• Retail India News: Salt Redefinis Luxury in India’s Oral Wellness Retail
  25 Oct 2023, indianretailer.com
  The oral wellness industry seeks a missing link, one that can encapsulate both the allure of luxury and a purpose extending beyond the realm of mere medical remedies. A fresh approach that has the potential to redefine opulence and a platform ready to facilitate this transformation. This missing piece is none other than Salt…
• {D2C 100} How Berrylush is Growing Beyond Borders and Categories
  25 Oct 2023, indianretailer.com
  Berrylush is a Direct to Consumer (D2C) brand that sells through its own website, and marketplaces like Myntra and Flipkart. Recently, the brand launched 6 physical stores, which have started getting traction. “Currently, we have one COCO store in Noida and 5 FOCO stores in Hyderabad, New Delhi, Rohtak, Surat and Indore,” asserted Alok Paul, Co-Founder and COO, Berrylush…
• {D2C 100} Digital Transformation and AI are Zouk’s Formula for Operational Efficiency
  25 Oct 2023, indianretailer.com
  Zouk is a 100 percent PETA-approved cruelty-free bags and accessories brand. It is omnichannel now, selling its products on its own D2C website as well as marketplaces like Amazon, Flipkart, Ajio and Myntra. For offline, the brand participates in exhibitions, flea markets and now also owns a flagship store at Seawoods Mall, Navi Mumbai. “Later this year we will grow be it exclusive brand outlets, or working with traditional players,” said Disha Singh and Pradeep Krishnakumar, Co-Founders, Zouk…
• {D2C 100} Plum’s Rs 400 Crore Success Story: 100,000 Outlets on the Horizon
  25 Oct 2023, indianretailer.com
  Plum is one of India’s fastest growing D2C brands with an annualized revenue run rate of Rs 400 crore. The brand has presence in 350+ cities with over 1,500 assisted outlets, more than 15,000 un-assisted outlets, and 25 functional exclusive brand outlets (EBOs) with plans to scale this up to 50+ in the next year. In addition to this, it is present in close to 45+ online marketplaces, apart from its website…
• From Bhujia to Bourse
  25 Oct 2023, irecwire.indianretailer.com
  The company has a reach of 8.5 lakh outlets in India which is aspired to grow to 11.5 lakh outlets two years down the line…
• Chrome Asia Hospitality to Invest INR 35 crore to scale Gigi
  25 Oct 2023, restaurant.indianretailer.com
  With Gigi, Chrome Asia Hospitality will enter the concept restaurant segment and aims to further open 12 outlets by 2025 in this segment…
• FSIPL Organizing F&B Roadshows to Boost HORECA Biz during Cricket World Cup 2023
  25 Oct 2023, restaurant.indianretailer.com
  There are one-on-one sessions, live demonstration and tasting sessions that will help the guest curate their own World Cup special menus…
• adidas Originals and KoRn Unite for a Collaborative Collection
  25 Oct 2023, indianretailer.com
  adidas Originals and the iconic California-based alt-metal band, KoRn, have embarked on an exciting collaborative partnership that pays homage to their longstanding relationship and mutual appreciation. This partnership is marked by the launch of a special collection that draws inspiration from KoRn’s 1996 album, “Life Is Peachy,” and commemorates three decades of their influential presence…
• BBC Studios Unveils “Bluey” Character Toys in South Korea and Expands Educational Content Offerings
  25 Oct 2023, indianretailer.com
  BBC Studios has unveiled the inaugural collection of official global character toys for the beloved animated series “Bluey” in South Korea through a partnership with the official distributor for the region, ‘Sonokong.’ The launch encompasses six enchanting “Bluey” toys, setting the stage for a comprehensive expansion of “Bluey” content and merchandise in South Korea, including the release of “Bluey” preschool books, toy bundles, and “Bluey: The Videogame…
• Studio 100 Media and Sony Music Germany Extend Long-Term Partnership in Audio Entertainment
  25 Oct 2023, indianretailer.com
  Studio 100 Media, a renowned international independent studio specializing in children’s and family entertainment, and Sony Music Entertainment Germany, have solidified their strategic partnership for audio entertainment products, aiming for a lasting collaboration…
• THG and Williams Racing Join Forces in Multi-Year Partnership for Innovation and Sustainability
  25 Oct 2023, indianretailer.com
  THG has proudly announced a multi-year partnership with Williams Racing, marking its debut ahead of the 2023 United States Grand Prix in Austin. This strategic collaboration positions THG as an official partner in the domains of nutrition, technology, e-commerce, and sustainability…
• Eyewear retailer debuts interactive kiosk at India mall
  25 Oct 2023, retailcustomerexperience.com
  Titan Eye+, an eyewear retailer in India, has introduced an interactive kiosk featuring a video of actor Ayushmann Khurrana promoting the company’s products at the Phoenix Mall in Mumbai, according to an Economic Times report…
• Lake Shore Opens Pune’s First Luxury Shopping Centre Kopa
  23 Oct 2023, rprealtyplus.com
  Pune’s first luxury lifestyle destination, Kopa will open its doors to consumers on October 21. Brought to Pune by Lake Shore – a pan-India investor, developer, and operator of large-scale shopping centres – Kopa promises a community lifestyle experience that is unmatched by any mall in Pune…
• Rural recovery for FMCG companies takes a pause amid food inflation, uneven rains
  23 Oct 2023, retail.economictimes.indiatimes.com
  The FMCG industry in India faced challenges in the September quarter due to subdued consumer demand and a decline in rural consumption. Factors such as persistent food inflation, uneven rains, and rising prices of commodities impacted the industry. Leading FMCG companies like HUL, ITC, and Nestle expressed concerns over these issues. The urban market showed growth, but small regional players gained market share in mass market products. Local players are expected to impact big companies in categories like detergent bars and tea. ..
• The great Indian premium trip is lighting up etailers’ festive season
  23 Oct 2023, retail.economictimes.indiatimes.com
  According to Saurabh Srivastava, the Vice President of Amazon India, e-commerce is experiencing a significant trend of premiumisation across various categories. This shift is attributed to the expanding middle class with increasing disposable incomes…
• Retail India News: NRI Chaiwala Unveils 22 Unique Tea Flavours and Expands Footprint in North India
  23 Oct 2023, retail.economictimes.indiatimes.com
  NRI Chaiwala, renowned for its unwavering commitment to delivering distinctive and authentic flavors, proudly announces its expansion into North India, marking the inauguration of new outlets in Jaipur, Uttar Pradesh, Punjab, and Jammu. This milestone heralds a significant foray into the vibrant retail landscape of India…
• Retail India News: Royal Safari Collection Pays Tribute to Rajasthan’s Rich Heritage
  23 Oct 2023, indianretailer.com
  The Royal Safari collection pays homage to the enchanting realm of Rajasthan, renowned for its vibrant culture and the remarkable women who embody its essence. Merging tradition and modernity, this collection is meticulously crafted to yield versatile heirlooms with a touch of elegance. Drawing inspiration from the timeless artistry of gota work, leheriya, and block printing, it is a true reflection of Rajasthan’s timeless beauty, adorned with a captivating array of colors…
• Elevating Elegance: 5 Leading Men’s Wear Designers for the Festive Season
  23 Oct 2023, indianretailer.com
  As the Indian fashion industry continues its upward trajectory, the men’s apparel segment is emerging as a powerhouse in its own right. With a market size that surpassed 1.83 trillion Indian rupees in 2020 and a projected worth of 3.3 trillion rupees by 2028, the menswear market has overtaken its female counterpart, capturing a substantial 46 percent share of the overall apparel sales…
• The Switch Fix Joins Hands with Tea Trunk to Curate a Festive Gift Box
  23 Oct 2023, indianretailer.com
  Clean and conscious personal care brand, The Switch Fix (TSF) has joined hands with digital-first tea start-up Tea Trunk to curate a limited-edition bundle of products for hair care and ‘mind’ care…
• FSIPL Organizing F&B Roadshows to Boost HORECA Biz during Cricket World Cup 2023
  23 Oct 2023, restaurant.indianretailer.com
  There are one-on-one sessions, live demonstration and tasting sessions that will help the guest curate their own World Cup special menus…
• Tapping into the Influencer Marketing Potential in India’s Rs 90,000 cr Festive Market
  23 Oct 2023, indianretailer.com
  As the festive spirit of Diwali permeates the nation, brands discover themselves amidst a thriving market valued at an astounding Rs 90,000 crore, brimming with promising prospects…
• {D2C 100} How FS Life is Redefining Indian Fashion Retail with a Trio of Brands
  23 Oct 2023, indianretailer.com
  FS Life (previously known as FableStreet) was started in 2016 with the aim of building a work wear brand for Indian women. With time, the company has evolved to form a wider western wear brand, with work wear being a part of the overall proposition for Indian women in the age group of 25-45…
• Warming Up to the Future of Retail: Customer Centric, Technology First
  23 Oct 2023, indianretailer.com
  The retail landscape is undergoing a seismic shift, largely propelled by technological advancements. The global pandemic and the ascent of eCommerce have only intensified the influence of technology. Retailers have leveraged technology innovations to enhance efficiency while remaining steadfast in their commitment to customer centricity. The result? Total experiences that delight both customers and employees…
• {D2C 100} How Earth Rhythm is Making D2C Beauty Shopping Easy with User-Friendly Tech
  23 Oct 2023, indianretailer.com
  Incepted in 2020, the first set of products that Earth Rhythm built were shampoo bars – an innovative take on the traditional liquid shampoo, being sold instead in a bar form. Since then, Earth Rhythm has continuously worked with efficacious formulations in innovative constructions. It now has 200+ SKUs across six categories and is currently on a trajectory to expand into more categories. The brand has an inclusive line of products for consumers aged between 25-45 years…
• {D2C 100} How Juicy Chemistry is Aiming for 15 Stores and 250 Touchpoints
  23 Oct 2023, indianretailer.com
  Juicy Chemistry initially started off as a digital-first brand in the organic beauty category. In recent years, the brand has opted to pursue an omnichannel approach, working gradually towards building a strong offline presence and increasing its accessibility to its consumers. The brand’s target audience primarily consists of women, aged 18-42, residing in Tier I/metropolitan cities…
• RETAIL LEASING INCREASED BY 46% Y-O-Y IN JAN-SEP’23
  21 Oct 2023, rprealtyplus.com
  CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, announced the findings of its latest report, ‘India Market Monitor Q3 2023’. The report highlights the growth trends and dynamics across the real estate sector in India…
• Lake Shore India invests Rs 415 crore in 3.3 lakh sq ft mall in Pune
  21 Oct 2023, retail.economictimes.indiatimes.com
  The mall is spread over 3.3 lakh sq ft and has collection of 100 brands. Some of the marquee luxury brands occupying anchor spaces in Kopa are Michael Kors West Elm, White Crow, Victoria’s Secret, Nappa Dori, Hugo Boss, Brooks Brothers and Tumi…
• Online platforms clocked GMV of Rs 47,000 crore during week one of the festive season sale
  21 Oct 2023, retail.economictimes.indiatimes.com
  The 2023 festive season sale in India saw online platforms generating a Gross Merchandise Value (GMV) of Rs 47,000 crore in the first week, a 19% growth compared to the previous year. Despite the majority of the sale period falling during the ‘shradh’ period, mobiles, electronics, and large appliances accounted for 67% of the GMV…
• Metro Brand net profit declines to Rs 67.6 crore in Q2
  21 Oct 2023, retail.economictimes.indiatimes.com
  Footwear retail chain Metro Brands on Thursday reported a 13.18 per cent decline in consolidated net profit to Rs 67.62 crore for the September quarter. The company had posted a net profit of Rs 77.89 crore during the year-ago period, Metro Brands Ltd (MBL), earlier known as Metro Shoes, said in a regulatory filing…
• All of HUL’s categories have room for strong growth: MD
  21 Oct 2023, retail.economictimes.indiatimes.com
  Hindustan Unilever (HUL) managing director, Rohit Jawa, stated that all the categories in which the company operates will experience an S-curve of growth driven by increased per-capita consumption and higher rural contribution. He mentioned that HUL has already shown this growth curve in categories such as home care and fabric conditioners, and sees similar opportunities in new demand spaces…
• For the new generation, ‘auspicious’ is a year-round period
  21 Oct 2023, retail.economictimes.indiatimes.com
  Young Indians are increasingly disregarding traditional religious practices during festive seasons and instead opting for impulse-driven consumption. This shift has been noticed by marketers, with brands like Amazon and Flipkart launching their biggest discounting sales during inauspicious periods. Sales across various categories have reported growth of 20-30% compared to last year’s sales…
• Offered 1-day delivery across 97% serviceable pin codes, says Amazon India’s logistics director
  21 Oct 2023, retail.economictimes.indiatimes.com
  ​Highlighting the importance of Amazon’s partnership with Indian Railways and the addition of 1 lakh seasonal associates in its operation network, Pande said, “Our overall objective this festive season is to get speed and reliability for our customers.”…
• Myntra sees 460 million customer visits during its festival sale
  21 Oct 2023, retail.economictimes.indiatimes.com
  “Having registered an incredible 460 million customer visits and a record number of new customers, we are thrilled that the event played a crucial role in amplifying the growth of our brand partners, including legacy and D2C brands while some of the international brands experienced India’s festive fervour with us for the first time,” said Neha Wali, Head of Growth and Revenue, Myntra…
• EssilorLuxottica sees ‘slight deceleration’ in Q3 vs first half
  21 Oct 2023, retail.economictimes.indiatimes.com
  “China was the best performing country effectively leveraging its myopia control portfolio in the back-to-school season,” EssilorLuxottica said, adding that the country’s retail performance continued to be “favourable”…
• Brands expect to spend Rs 300-400 crore on influencer marketing this Diwali: Qoruz report
  21 Oct 2023, retail.economictimes.indiatimes.com
  A staggering 80 per cent of Diwali shoppers actively engage with influencer-led content, reaffirming influencers’ central role in shaping consumer preferences. Influencer marketing is 1.5 times more effective on millennials compared to other age groups like boomers and Gen X and Z…
• Mamaearth eyes ₹2K cr pre-Diwali listing
  21 Oct 2023, livemint.com
  Honasa Consumer Pvt. Ltd, which operates direct-to-consumer brands Mamaearth and Derma Co., is targeting an initial public offering (IPO)before Diwali this year that could value the company as much as ₹10,000 crore- ₹12,000 crore ($1.2 billion-$1.4 billion)…
• HP India appoints Ipsita Dasgupta as new MD
  21 Oct 2023, thehindubusinessline.com
  Laptop and hardware-maker HP said on Friday said it has appointed Ipsita Dasgupta as the Senior Vice-President and Managing Director of HP’s India market. She will be responsible for leading all aspects of the company’s strategy and profit and loss (P&L) in India, Bangladesh, and Sri Lanka…
• Voltas expands into water heaters to transform into an home appliance co
  21 Oct 2023, retail.economictimes.indiatimes.com
  Voltas, typically a brand known for air conditioners has forayed into the water heater segment to further its transformation journey into becoming a home appliance manufacturer. The water heater segment has over the years witnessed a consistent growth of 10-12 per cent. Voltas MD and CEO finds that the sales in this segment has seen a surge with the on set of festive season…
• UNIQLO Expands Presence in Mumbai with New Store at Oberoi Mall
  21 Oct 2023, indianretailer.com
  Global apparel retailer UNIQLO has inaugurated its second store in Mumbai, now located at Oberoi Mall, Goregaon. This spacious 7,500 square-foot store, situated on the ground floor of the mall, extends UNIQLO’s commitment to providing Mumbaikars with thoughtfully designed, high-quality clothing, exemplifying the brand’s LifeWear philosophy…
• Shiseido Expands Offline Presence with a Standalone Boutique in Mumbai
  21 Oct 2023, indianretailer.com
  Baccarose has proudly inaugurated its very first standalone boutique in the country. Situated on the ground floor of Inorbit Mall in Mumbai’s Malad area, this new retail space spans 400 sq. ft…
• Campus Activewear Partners with Pop Sensation King for #VibeWithOGKing
  21 Oct 2023, indianretailer.com
  Campus Activewear has unveiled its collaboration with the music sensation King for the exciting #VibeWithOGKing campaign. This campaign offers King’s fans a unique opportunity to meet him in person and attend his New Life India tour concert, which is organized by BookMyShow…
• Liberty Shoes Unveils NitPro Technology to Elevate Footwear Comfort
  21 Oct 2023, indianretailer.com
  Liberty Shoes, a prominent name in the footwear industry in India, continues its legacy of innovation with the launch of NitPro, an advanced technology integrated into its latest footwear line. NitPro marks a significant stride in enhancing overall comfort and performance in footwear, reaffirming Liberty Shoes’ dedication to delivering top-tier products…
• Imara Unveils Its Autumn/Winter ’23 Collection with a Celebratory Campaign
  21 Oct 2023, indianretailer.com
  Imara is excited to present its Autumn/Winter ’23 collection, accompanied by a brand campaign that encapsulates its new identity, “You are the celebration.” The campaign orbits around the diverse and dynamic essence of every woman, underscoring the pivotal role of the Imara protagonist as the soul of every festivity…
• Drones and Efficiency: How INGKA Group is Revolutionizing Retail with a Human-Centric Approach
  21 Oct 2023, indianretailer.com
  INGKA Group, the parent company of IKEA, has made a significant impact on the global retail landscape. With 482 stores worldwide and a remarkable group turnover of €42 billion in FY22, the company stands out not only for its retail success, but also for its innovative and responsible approach to automation…
• Fitspire Partners with Tiger Shroff and Ganapath Movie to Spotlight Peanut Butter
  21 Oct 2023, indianretailer.com
  Fitspire has unveiled a strategic partnership with actor Tiger Shroff and the movie “Ganapath.” This collaboration aims to feature Fitspire’s recently launched peanut butter brand in the movie, capitalizing on the rapidly growing Indian peanut butter market estimated at $120 million…
• Lenskart Joins the World Cup Frenzy in India with Blue Billion Eyewear Collection
  21 Oct 2023, indianretailer.com
  As India gears up for this year’s World Cup season, the nation is poised to relive the excitement and emotional rollercoaster that cricket brings…
• Lotus Electronics Presents Navratri Festival Deals
  21 Oct 2023, indianretailer.com
  Lotus Electronics, one of India’s leading electronic retail chains, is delighted to announce the launch of its Navratri Festival Deals, a celebration that harmoniously blends tradition with innovation…
• The Body Shop Unveils “Spark a Change” Festive Campaign
  21 Oct 2023, indianretailer.com
  The Body Shop, renowned as the original ethical beauty brand, has launched its festive campaign, “Spark a Change,” coinciding with the onset of Diwali and the release of its range of transformative gifts, available both in-store and online…
• Foundry from Cover Story Launches Exclusively on AJIO
  21 Oct 2023, retail.economictimes.indiatimes.com
  Cover Story Clothing Limited’s ultra-fast Gen Z fashion brand, Foundry is now available exclusively on AJIO, the renowned online retail platform…
• How Earth Rhythm is Making D2C Beauty Shopping Easy with User-Friendly Tech
  21 Oct 2023, indianretailer.com
  Incepted in 2020, the first set of products that Earth Rhythm built were shampoo bars – an innovative take on the traditional liquid shampoo, being sold instead in a bar form. Since then, Earth Rhythm has continuously worked with efficacious formulations in innovative constructions…
• Tapping into the Influencer Marketing Potential in India’s Rs 90,000 cr Festive Market
  21 Oct 2023, indianretailer.com
  As the festive spirit of Diwali permeates the nation, brands discover themselves amidst a thriving market valued at an astounding Rs 90,000 crore, brimming with promising prospects…
• Domino’s Appoints Sam Jackson as New EVP- HR
  21 Oct 2023, restaurant.indianretailer.com
  Domino’s Pizza Inc, the largest pizza company in the world, has named Sam Jackson its executive vice president of human resources, reporting directly to Chief Executive Officer Russell Weiner, effective Nov. 4…
• CHANDON introduces CHANDON Aurva, A New Indian Classic Wine
  21 Oct 2023, restaurant.indianretailer.com
  Building on a collective of sixteen winemakers from seven different nationalities located in Argentina, Brazil, California, Australia, China, and India, CHANDON has thrived since its inception in 1959, on the exchange of ideas and savoir-faire…
• Anavila’s Debut Bridal Collection, Aamod, Celebrates Authenticity and Vedic Wisdom
  21 Oct 2023, indianretailer.com
  Anavila’s inaugural bridal collection, Aamod, is a testament to authenticity and understated luxury, drawing inspiration from the profound wisdom found in the Vedas. Aamod, which resonates with the Vedic essence of joy, is an intimate journey where the bride must rediscover her inner sanctuary of beauty and pleasure…
• The Piano Man Expands Its Sonic Universe with Grand Opening of Malviya Nagar Venue
  21 Oct 2023, indianretailer.com
  The Piano Man (TPM), renowned as the pinnacle destination for live music and entertainment in the Indian capital, has unveiled its most ambitious and expansive venture in the vibrant neighborhood of Malviya Nagar…
• Tata Group considers topping up another $1 billion for super-app arm
  20 Oct 2023, retail.economictimes.indiatimes.com
  Tata Group is considering investing an additional $1 billion into its super app venture, on top of the $2 billion already invested this year. The conglomerate is aiming to improve its digital business and has asked its digital unit to address operational issues and enhance user-friendliness. Tata Group has also suggested exploring funding opportunities with global sovereign and financial investors, following the strategy of rival Reliance Retail Ventures. ..
• ITC Q2 Results: Profit rises 10% YoY to Rs 4,927 crore; beats estimates
  20 Oct 2023, retail.economictimes.indiatimes.com
  ITC’s revenue from operations for the quarter ended September, excluding excise duty, increased 2.6% YoY to Rs 16,550 crore. Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), rose a mere 1% YoY Rs 4,886.54 crore. Operating margin shrank 44 basis points on year to 29.53%. Cigarette business revenue grew 10% on year in the quarter to Rs 7,658 crore…
• HUL Q2 Results: Profit rises 4% YoY to Rs 2,717 crore; dividend declared at Rs 18/share
  20 Oct 2023, retail.economictimes.indiatimes.com
  The company’s sales rose 4% year-on-year (YoY) to Rs 15,027 crore in the reporting period. The profit beat the ET Now estimate of Rs 2,590 crore, while revenue was slightly below expectations…
• Nestle India Q3: Domestic sales grow double-digit, co crosses turnover of Rs 5,000 cr
  20 Oct 2023, retail.economictimes.indiatimes.com
  Nestle India reported double-digit growth in domestic sales in the third quarter, reaching a turnover of over Rs 5,000 crore. The company attributed the growth to a combination of mix, volume, and price. Nestle confirmed its full-year outlook of organic sales growth between 7% and 8%…
• Google to manufacture Pixel smartphones in India, first devices expected in 2024
  20 Oct 2023, retail.economictimes.indiatimes.com
  Google has announced that it will manufacture its flagship Pixel phones in India as part of the Make in India initiative. The company aims to start manufacturing the Pixel 8 in India and roll out the devices in 2024. This move follows similar strategies by other global tech companies like Apple, which has expanded its network of suppliers in India and significantly increased iPhone production. ..
• Blinkit’s losses widen to 1,078 crore in FY23, revenue surges threefold: Report
  20 Oct 2023, retail.economictimes.indiatimes.com
  Blinkit registered a three-fold jump in its revenue during FY2023. Its revenue from operations surged to Rs 724.2 crore in FY23 from Rs 236.1 crore in FY22…
• PVR Inox Q2 Results: Multiplex swings to black, reports Rs 166 crore-profit; revenue jumps 191% YoY
  20 Oct 2023, retail.economictimes.indiatimes.com
  The company got a blockbuster boost from ‘Jawaan’ and ‘Gadar 2’, which were ranked among highest-grossing Hindi films of all time, during the second quarter. Further, Hollywood releases of ‘Oppenheimer’ and ‘Mission Impossible’ also helped clock record numbers…
• Parag Milk Foods appoints Rahul Kumar Srivastava as COO
  20 Oct 2023, retail.economictimes.indiatimes.com
  Commenting on Srivastava’s appointment, Devendra Shah, chairman, Parag Milk Foods, said, “Mr. Rahul Kumar’s exceptional expertise and unparalleled proficiency in the dairy realm align perfectly with Parag Milk Food’s vision.”..
• HUL says inflation no longer a concern with sales & profits growing 4% in Q2
  20 Oct 2023, retail.economictimes.indiatimes.com
  Demand in rural areas has fallen on a two year basis although the pace of decline has reduced significantly over both sequential and from a year earlier, it said…
• Chrome Hospitality plans to invest Rs 35 crore in concept restaurant segment
  20 Oct 2023, retail.economictimes.indiatimes.com
  Mumbai-based Chrome Hospitality plans to open 12 outlets in the concept restaurant segment by 2025, with an investment of Rs 35 crore. The company, which has previously ventured into the boutique hospitality space with actress Bhumi Pednekar, will focus on using fresh local produce, seasonal seafood, and cheeses from around the world, as well as local, homegrown brands from across India…
• Bisk Farm: A biscuit maker rising from the east with aspirations to challenge Britannia
  20 Oct 2023, retail.economictimes.indiatimes.com
  Bisk Farm, the maker of Bisk Farm biscuits, aims to challenge Britannia in the Indian biscuit market. With a focus on innovation and expansion, Bisk Farm plans to achieve a revenue of Rs. 5,000 crore over the next five years. The company has already established a presence in 26 states and is actively expanding into new territories…
• Retail leasing grew by 46% year-on-year during January-September 2023
  20 Oct 2023, retail.economictimes.indiatimes.com
  While top companies including Reliance Retail, Aditya Birla Fashion and Retail (ABFRL), D’Mart, Tata’s Trent, Shoppers Stop, Lifestyle and Starbucks continued to add stores, companies such as Uniqlo, Latin Quarters, Meena Bazaar and Lee and Wrangler have also started expanding brick and mortar stores…
• Power of Discovery: The evolution of search and personalization to cater to new-age customers
  20 Oct 2023, retail.economictimes.indiatimes.com
  Gen-Z and tech-savvy customers are no longer content with tedious keyword-based text searches and endless scrolling. They expect a shorter path to discovery and hyper-personalization. Add to this, the increasing competition and privacy regulations, e-commerce brands have their task cut out for them…
• Organic Harvest launches makeup products
  20 Oct 2023, thehindubusinessline.com
  Organic Harvest, part of the Good Glamm Group, has entered the colour cosmetics category with the launch of a makeup line with certified organic ingredients…
• India smartphone market fell 3% in Q3, but gradual recovery seen: Canalys
  20 Oct 2023, retail.economictimes.indiatimes.com
  The smartphone market in India saw a gradual recovery in the quarter ended September 2023, with 43 million shipments. Samsung remained the top brand with a market share of 18%, followed by Xiaomi in second place. Vivo dropped to third place, while Realme and Oppo finished fourth and fifth respectively. The market saw a surge in demand for budget-friendly 5G options, with brands like Xiaomi and Realme performing well…
• HP starts selling refurbished laptops in India
  20 Oct 2023, moneycontrol.com
  HP’s programme will be initially for notebooks and gradually diversify into more offerings. PC maker HP on Thursday said it has started selling refurbished laptops in India to push their adoption among small and medium businesses as well as consumers in small towns. India is the first market for HP to launch its refurbished PC initiative, with plans to expand in other regions in 2024, the company said…
• Phoenix Mall Of Asia: A Retail Marvel Coming Soon To Dazzle Bengaluru
  20 Oct 2023, oneindia.com
  The Phoenix Mills, a prominent Mumbai-based textile retail and real estate giant, is on the brink of introducing its latest retail masterpiece, the ‘Phoenix Mall of Asia…
• Kalyan Jewellers Expands Presence in Haryana with Panipat Showroom Inauguration by Sonakshi Sinha
  20 Oct 2023, indianretailer.com
  Panipat witnessed a momentous occasion as Bollywood luminary Sonakshi Sinha inaugurated Kalyan Jewellers’ new showroom at Unity One Mall. This grand inauguration marks the fifth establishment of Kalyan Jewellers in the vibrant state of Haryana…
• Sanosan Baby: Revolutionizing Baby Care in India
  20 Oct 2023, indianretailer.com
  Sanosan Baby, the esteemed German baby care brand, has created a significant impact in the Indian market with its premium range of meticulously crafted baby skincare products…
• Pacific Group Redefines Retail Experience with “The Mall of Faridabad” & Sets Sights on Expanding Across India
  20 Oct 2023, indianretailer.com
  Pacific Group, a renowned name in the retail industry, has made a bold entry into the Faridabad market with the opening of “The Mall of Faridabad.”..
• The Ultimate Guide to Creating a Community-Based Brand: Best Practices and Tips
  20 Oct 2023, indianretailer.com
  More and more, communities form the foundation of successful businesses globally. A community-based brand guarantees longevity, delivers focus, and provides priceless feedback…
• 47 pc Increase in Festive Spending Presents Brands with Lucrative Opportunities
  20 Oct 2023, indianretailer.com
  The festive season in India is more than just a time of celebration; it’s a significant economic force that sets the stage for unprecedented business growth…
• Nikon India Unveils Nikon Z f Mirrorless Camera and Festive Campaign
  20 Oct 2023, indianretailer.com
  Nikon India Private Limited, a wholly-owned subsidiary of Nikon Corporation, a global leader in imaging technology, introduced the much-anticipated Nikon Z f in India at an event hosted at The Lalit, Mumbai…
• Max Set to Cross 90-Store Milestone in the North by Year-End
  20 Oct 2023, indianretailer.com
  Max has introduced the new “Max Festive Collection,” marking a stylish addition to its offerings for the upscale audience in Delhi NCR, with prices starting from Rs 199..
• Shoppers Stop’s Q2 Earnings Take a Nosedive, Declines 83 pc YoY on Account of Weak Demand
  20 Oct 2023, indianretailer.com
  Shoppers Stop Ltd. unveiled its financial results for the second quarter, ending on September 30th, of the fiscal year 2024…
• Rasayanam Unveils Ayurvedic Wellness Juices to Promote Holistic Well-being
  20 Oct 2023, indianretailer.com
  Rasayanam, a prominent name in Ayurvedic wellness, is delighted to unveil its latest line of health and immunity-boosting products, meticulously designed to aid individuals in achieving natural holistic well-being…
• EatSure Partners with IRCTC; to Deliver Across 100 Railway Stations in India
  20 Oct 2023, restaurant.indianretailer.com
  IRCTC, with over 7.5 crore active travellers will be able to offer iconic brands for its travellers including Behrouz Biryani, Faasos, Oven Story Pizza, Sweet Truth, LunchBox, The Good Bowl, and many more…
• Hyatt Regency Pune Promotes Chef Vikram Singh as the Head of Pastry Chef
  20 Oct 2023, restaurant.indianretailer.com
  With a solid educational foundation and years of hands-on experience in the culinary industry, Chef Vikram has showcased exceptional skills in menu planning, staff training, and maintaining high hygiene standards…
• Global Palates, Indian Spices: How Indian Brands Sizzle Worldwide
  20 Oct 2023, retail.economictimes.indiatimes.com
  In a world where culinary experiences transcend borders and the craving for exotic flavors knows no bounds, Indian cuisine has emerged as a global sensation…
• Joester Loria Group Partners with Chiquita Brands for Exclusive Licensing Agreement
  20 Oct 2023, indianretailer.com
  Joester Loria Group (JLG) is delighted to unveil its exclusive collaboration with Chiquita Brands. In this groundbreaking partnership, JLG assumes the role of the official licensing agency for Chiquita, with a mission to broaden the brand’s horizons and forge opportunities for brand extensions…
• 91Springboard Launches Platinum Hub In DLF Cyber City, Gurugram
  19 Oct 2023, rprealtyplus.com
  91Springboard, one of the biggest names in the Indian coworking and flexible workspace ecosystem, unveiled its latest Platinum Hub in Gurugram’s top business address – DLF Cyber City. DLF Cyber City is one of the largest hubs of commercial activity in Delhi-NCR, and is a prime spot for start-ups and enterprises seeking world-class infrastructure and easy accessibility…
• Shoppers Stop Q2 Results: Profit plunges 83% YoY on weak demand
  19 Oct 2023, retail.economictimes.indiatimes.com
  Indian department store chain Shoppers Stop reported an 83.2% drop in Q2 profit due to increased expenses and weaker demand. Customers have delayed purchases of clothes and cosmetics due to a late festive season. The company expects demand to improve in the third quarter as the festive season begins…
• H&M sales expand 40% in FY23, retains position as India’s largest fast fashion brand by revenues
  19 Oct 2023, retail.economictimes.indiatimes.com
  H&M, the largest fast fashion brand in India, reported a 40% increase in sales for the year ending March 2023. However, this growth was lower compared to the previous year, indicating increased competition from brands like Uniqlo and Zara. Online sales for H&M crossed the Rs1000 crore mark, accounting for 40% of its overall sales. Zara’s performance in India has been tapering off due to slow outlet expansion, while H&M saw its slowest expansion ever last fiscal year. India’s organized retail segment saw a 34% growth in sales…
• Nirula’s owner acquires Delhi-based confectionary chain Angels in My Kitchen
  19 Oct 2023, retail.economictimes.indiatimes.com
  Commenting on the acquisition, Sumedha Singhal, director, Nirula’s and a member at BanyanTree Growth Capital said, “Nirula’s sells icecreams, pizzas, and burgers. Angels is a bakery and confectionery brand. They are both different genres of food. Additionally, Icecream is the bulk of Nirula’s business and is a Holi to Diwali business, while Angels, a confectionary brand, is a Diwali to Holi business. So, the seasonality evens out and complements each other well…
• NARS Cosmetics plans to be among top 5 premium makeup brands in India
  19 Oct 2023, retail.economictimes.indiatimes.com
  NARS cosmetics, a part of the Shiseido Group, aims to become one of the top five premium makeup brands in India within three years. The company has entered into a distribution partnership with SS Beauty Brands Ltd, a subsidiary of Shoppers Stop. NARS plans to open an exclusive brand outlet this year and double the number next year…
• Showroom B2B raises $6.5 million in funding led by Jungle Ventures
  19 Oct 2023, retail.economictimes.indiatimes.com
  The latest round of funding will help scale the company’s experience store model across Tier II and III markets in India, as per a statement. These stores facilitate access to garment samples and catalogues for fashion retailers and wholesalers…
• India to grow at 6.5% to 6.8% this fiscal; festive, govt spending to drive growth: Deloitte
  19 Oct 2023, moneycontrol.com
  In its India economic outlook report, released earlier this month, Deloitte said India will need at least 6.5 per cent growth every fiscal to become the world’s third largest economy by 2027, with its Gross Domestic Product (GDP) crossing USD 5 trillion…
• Ahead of festival season, India Inc goes gift shopping, opts for sustainable hampers
  19 Oct 2023, thehindubusinessline.com
  Most players catering to the corporate gifting segment expect strong double-digit growth With Diwali around the corner, India Inc has been on a shopping spree, and by all accounts has loosened its purse strings considerably. Brands and online platforms report a strong surge in corporate gifting orders. The big trends this year are an emphasis on sustainable gift hampers with plastic free packaging, eco-friendly presents, utilitarian items and healthier stuff. There is a strong focus on customisation and personalisation…
• Tupperware names Laurie Goldman new CEO, adds three to board amid turnaround
  19 Oct 2023, retail.economictimes.indiatimes.com
  “Now is the right time to bring in new leadership, and Laurie Ann is exceptionally well-suited to advance our long-term strategy and accelerate growth,” said Susan Cameron, chair of Tupperware’s board…
• Retail India News: PowerMax Celebrates 14 Years of Promoting Health and Wellness
  19 Oct 2023, indianretailer.com
  PowerMax, a premier fitness brand in the country, proudly marks its 14th anniversary, signifying a significant milestone in its mission to advance health and wellness nationwide…
• Retail India News: Katrina Kaif Inaugurates Kalyan Jewellers’ 3rd Showroom in Chandigarh
  19 Oct 2023, indianretailer.com
  The city of Chandigarh witnessed a remarkable event as crowds gathered to catch a glimpse of Bollywood sensation Katrina Kaif during the grand inauguration of Kalyan Jewellers’ new showroom in Sector 17. This marks the company’s third showroom in Chandigarh, promising a unique shopping experience for consumers in the region…
• Retail India News: Amazon.in Launches Over 1,000 Paints for Home Transformation
  19 Oct 2023, indianretailer.com
  In an exciting move, Amazon.in unveiled a treasure trove of interior and exterior paints that is set to redefine the way you think about home improvement. With a staggering selection of over 1,000 shades, Amazon’s latest offering is a painter’s dream come true…
• Nykaa + BookMyShow Live to Transform India’s Retail Landscape with Nykaaland
  19 Oct 2023, indianretailer.com
  As the leaves change colors and the air becomes crisper, we know the festive season is upon us. For consumers and brands alike, this marks a thrilling time as shopping experiences turn into truly rewarding adventures. This year, with the festive season firmly entrenched in the third quarter, Nykaa is gearing up for a robust period ahead. The leading destination for beauty and skincare enthusiasts is witnessing a remarkable surge in categories such as skincare, cosmetics, and fragrances, and anticipate the upward trajectory to persist…
• Over 50 pc Indians Plan to Invest in Apparel this Season: Discover 4 Brands to Satisfy Your Fashion Cravings
  19 Oct 2023, indianretailer.com
  As the vibrant and spirited festival of Navratri approaches, the fashion world is gearing up to celebrate a harmonious fusion of tradition and modernity. This year’s Navratri fashion trends serve as a testament to the evolving tastes of individuals, blending timeless elegance with contemporary comfort and experimentation…
• Retail India News: Zoya Unveils “Her Becoming” Collection, a Triumph of Fine Jewels in White Diamonds
  19 Oct 2023, indianretailer.com
  Zoya, a distinguished brand from the House of Tata, presents ‘Her Becoming,’ an exquisite collection of rare white diamond jewels that translate the iconic geometry of ancient Ikat into wearable art. The design concept infuses meaning into each piece, celebrating the Zoya woman as she fully embraces her life, becoming the ultimate author of her own story. The collection was launched by Ajoy Chawla, CEO of Titan’s jewelry division, and Zoya’s brand ambassador, Sonam Kapoor…
• Retail India News: Adani Wilmar Launches Special Durga Puja Packs for Fortune Oils in West Bengal
  19 Oct 2023, indianretailer.com
  Adani Wilmar Limited (AWL), a prominent FMCG company in India, is pleased to introduce special Durga Puja packaging for its renowned oil brands, Fortune Kachi Ghani Mustard Oil and Fortune Soyabean Oil 1-Litre Pouches, in the state of West Bengal. With this initiative, the brand proudly becomes the first in the segment to acknowledge the cultural significance of Durga Puja festivities in the region…
• Retail India News: Levi’s Presents “For Now, For A Lifetime” with Unique On-Ground Activation
  19 Oct 2023, indianretailer.com
  Levi’s, the iconic denim and lifestyle brand, recently launched its seasonal campaign titled “For Now, For A Lifetime,” celebrating moments and experiences inspired by following one’s instincts. To extend the narrative, Levi’s executed a distinctive on-ground experiential activation featuring its mannequins following their instincts across malls and popular locations in Mumbai, Delhi, and Bangalore…
• Retail India News: Soch Appoints Deepak Mahnot as CMO to Drive Leadership in Women’s Ethnic Wear
  19 Oct 2023, indianretailer.com
  Soch Apparels, the foremost brand specializing in women’s ethnic wear for evening occasions, is pleased to announce the appointment of Deepak Mahnot as its Chief Marketing Officer (CMO). In his new role at Soch, Deepak will lead Brand Marketing, Customer Relationship Management (CRM), Visual Merchandising, Public Relations (PR), and Customer Experience initiatives. His objective is to firmly establish Soch as a leader in the women’s ethnic wear retail sector in India…
• Retail India News: Vaseline Expands Product Portfolio with The All-New Body Creme Range
  19 Oct 2023, indianretailer.com
  In the retail beauty landscape of India, Vaseline has long been celebrated as a cherished brand by dermatologists, mothers, and beauty experts alike. This iconic brand has been a fundamental part of our skincare routines, offering a wide array of products, from the classic petroleum jelly to adorable mini lip tins and groundbreaking body serum sprays. With a legacy of trust that spans generations, Vaseline continually reinvents itself to provide exceptional skincare solutions…
• The Unseen Revolution: How Technology is Reshaping Innerwear
  19 Oct 2023, indianretailer.com
  In the world of fashion, our attention is frequently drawn to the outer layers of clothing that showcase our style and personality. Yet, there’s a crucial component of our wardrobe that often flies under the radar – the very garments that provide the foundation for our daily attire. Innerwear, once associated with simplicity, has silently undergone a remarkable transformation, all driven by the latest innovations in technology. From moisture-wicking fabrics to seamless construction techniques, the innerwear industry is pushing the boundaries to redefine the very essence of comfort and performance…
• Retail India News: Siemens iQ700 Ovens: Redefining Cooking with Innovative Integrated Cameras
  19 Oct 2023, indianretailer.com
  BSH Home Appliances, a subsidiary of BSH Hausgeräte GmbH, a global leader in the home appliance industry, proudly introduces the iQ700 range of built-in ovens under the Siemens brand in India. These ovens are a groundbreaking addition to Siemens’ product portfolio, offering an industry-first integrated camera that promises to redefine the cooking experience for Indian households. Packed with cutting-edge features and a sleek design, the iQ700 ovens aim to set new standards for connected cooking in India, making them an ideal choice for culinary enthusiasts and novices alike…
• Retail India News: U&i Expands Product Portfolio with EXCEL and ULTIMATE Series Power Banks
  19 Oct 2023, indianretailer.com
  U&i is delighted to introduce two new budget-friendly 10000mAh power banks, namely the EXCEL Series and the ULTIMATE Series. These portable powerhouses are crafted to ensure that your devices stay charged while you’re on the move, delivering impressive speed and style. Compact yet powerful, they offer a remarkable 22.5 watts of power output…
• D2C Brands Illuminate Festive Season with 20 pc Surge in Order Volume
  19 Oct 2023, indianretailer.com
  Over 1000 brands within its network have enjoyed a substantial 20 percent surge in order volume during the early phase of the festive season compared to the previous year. Remarkably, despite this surge in orders, the return-to-origin (RTO) rate for cash-on-delivery (COD) orders has decreased by a remarkable 26 percent…
• Retail India News: INNISFREE India Unveils Fresh Identity and INNSIFREE Vitamin C Green Tea
  19 Oct 2023, indianretailer.com
  INNISFREE India, renowned for its nature-powered skincare discovered from the island, marked its 10th Anniversary with an evening of celebration in Delhi and Mumbai, introducing its fresh brand identity and the eagerly awaited INNSIFREE Vitamin C Green Tea Enzyme Brightening Serum…
• Retail India News: Organic Harvest Expands Its Beauty Portfolio with Organic Makeup Line
  19 Oct 2023, indianretailer.com
  In the dynamic landscape of the retail beauty industry in India, Organic Harvest, the nation’s foremost certified organic beauty brand, has ventured into the world of color cosmetics. With the introduction of their new makeup line, Organic Harvest is now offering meticulously curated beauty solutions, featuring certified organic ingredients. The brand remains unwavering in its commitment to providing toxin-free and cruelty-free formulations, delivering a fresh approach to makeup that prioritizes both skin health and environmental well-being. This aligns perfectly with the escalating demand for eco-friendly and safe beauty alternatives…
• How Good Glamm Group is Transforming Beauty & Personal Care – A Story of Innovation and Ambition
  19 Oct 2023, indianretailer.com
  With a mission to create South Asia’s largest content-to-commerce-led beauty conglomerate, The Good Glamm has diversified through strategic acquisitions, setting new trends in the world of beauty and personal care…
• Salud Beverages Announces India’s First Agave Refresher and Bold Cranberry Gin in Ready-to- drink market
  19 Oct 2023, restaurant.indianretailer.com
  The invigorating Agave and Cranberry Gin Refresher have been crafted to infuse every sip with joy and happiness with an innovative blend of grenadine, exquisite herbs and botanicals…
• Casual Dining Restaurant Mutuswami Now in Pune
  19 Oct 2023, restaurant.indianretailer.com
  It reflects the commitment to preserve the rich traditions of South Indian cuisine, ensuring that every bite is a tribute to the flavours and techniques that have been cherished for generations…
• Max Unveils “Max Festive Collection” for Delhi NCR Shoppers
  19 Oct 2023, indianretailer.com
  Max, the international retail chain based in Dubai, has introduced its new “Max Festive Collection” for the discerning audience in Delhi NCR, with prices starting from just Rs 199 onwards…
• VP Racing Fuels and Logo Brands Partner for Officially Licensed Tailgating Program
  19 Oct 2023, indianretailer.com
  VP Racing Fuels, Inc a renowned global leader in performance fuels, lubricants, and additives, has joined forces with Logo Brands, Inc a prominent manufacturer of officially licensed products, to establish a licensed tailgating program for VP Racing…
• Retail India News: The Artiste Kochi: A Tribute Portfolio Hotel – Where Tradition and Modernity Converge
  19 Oct 2023, indianretailer.com
  Tribute Portfolio, an integral part of Marriott Bonvoy’s extensive selection of 31 hotel brands, proudly introduces The Artiste Kochi, a Tribute Portfolio Hotel. Situated in a prime location adjacent to Forum Mall in the heart of Kochi, this distinctive hotel offers a seamless fusion of work and leisure within intimate spaces…
• DS Group To Acquire Great India Place Mall In Noida
  18 Oct 2023, rprealtyplus.com
  Diversified Dharampal Satyapal Group (DS Group) is reportedly planning to acquire the Great India Place Mall complex at Noida in Delhi-NCR. The potential deal is expected to be valued at Rs 2,000 crore…
• Brigade Enterprises acquires 9.71 acres land in Hyderabad for Rs 660.28 crore
  18 Oct 2023, realty.economictimes.indiatimes.com
  In September 2023, Brigade Tetrarch, a wholly owned subsidiary of Brigade Enterprises had entered into a sale deed for acquiring 5 acres 35.25 guntas of land parcel in Bengaluru for an overall consideration of Rs 123.50 crores from Bangalore Ceramics…
• Meesho’s CXO – business quits, company rejigs team
  18 Oct 2023, retail.economictimes.indiatimes.com
  Meesho spokesperson said, “We would like to express our heartfelt gratitude to Utkrishta Kumar who has decided to move on to pursue his entrepreneurship dream after a successful 5-year stint with Meesho. He has been instrumental in shaping Meesho’s business and has played a key role in our success over the years…
• Tata Digital Esop gets delayed, company offers incentives to top brass
  18 Oct 2023, retail.economictimes.indiatimes.com
  When the ecommerce arm of Tata group hired these executives in the run-up to its launch of superapp Neu, there was a Esop component allocated to their overall compensation. However, the same hasn’t materialised yet…
• Pepperfry net burn down by 50% between Sept 2022-23: CEO Ashish Shah
  18 Oct 2023, retail.economictimes.indiatimes.com
  Talking to ETRetail, Ashish Shah, co-founder and CEO, Pepperfry said, “If I compare September, my overall burn is 50 per cent less than that of last year. My path going ahead is to turn profitable very soon.” He also highlighted that the furniture etailer has almost halved its costs and significantly improved its margins…
• Wow Skin Science forays into the US market as an Indian entity, eyes 7 pc revenue from the US
  18 Oct 2023, retail.economictimes.indiatimes.com
  “In the next 3 years, we plan to surpass Rs 1,000 crore plus revenue and be at least a 10-15 per cent EBITDA positive company and be ready for IPO by then,” said Manish Chowdhary, founder, Body Cupid Pvt Ltd…
• Retail and e-comm sector saw deals worth USD 4.15 bn in Jul – Sept quarter: Report
  18 Oct 2023, retail.economictimes.indiatimes.com
  ​The firm in its tracker also highlighted that while there was an overall increase in volumes and values for M&A deals, strategic investors have become cautious amid the global macroeconomic concerns and have been evaluating the risk appetites…
• Titan board approves raising up to Rs 2,500 cr via NCDs
  18 Oct 2023, retail.economictimes.indiatimes.com
  The board of Titan has also approved a proposal for availing long-term borrowings in the form of long-term unsecured loans up to a limit of Rs 1,000 crore from banking institutions. Titan shares have had a decent run this year with a gain of about 29%. The gems and jewellery stock hit a record high of Rs 3351 in mid-September, but quickly pared gains and went under price correction..
• ABD makes a strong shift to prestige and above, higher margin segments, ICONiQ Whisky cross 1 million cases
  18 Oct 2023, retail.economictimes.indiatimes.com
  Allied Blenders and Distillers (ABD) has announced that its ICONiQ Whisky has reached the milestone of selling over 1 million cases within a year of its launch, despite being available only in North and East India. The brand, which offers a blend of imported Scotch malts and Indian grain spirits, has gained popularity in the markets it has entered…
• Personal care brand Mamaearth gets set for renewed overseas push
  18 Oct 2023, retail.economictimes.indiatimes.com
  The company is already present in some overseas markets such as the UAE, Singapore, Nepal, Malaysia, Maldives and Mauritius, where it operates either through modern trade and ecommerce marketplaces, and even its own dedicated brand website in some cases…
• PVR Inox bets on monthly subscription service to push footfalls on weekdays
  18 Oct 2023, retail.economictimes.indiatimes.com
  PVR Inox Co-CEO Gautam Dutta has announced the launch of a monthly subscription service, called Passport, that will offer subscribers the opportunity to watch up to 10 movies per month for Rs 699. Dutta believes that the service will help boost footfall during weekdays and support smaller films that are often overshadowed by big releases…
• Certificate courses to be introduced on retail marketing through Skill India Digital Portal
  18 Oct 2023, retail.economictimes.indiatimes.com
  Pradhan said IIMs and IITs will be tasked to develop the courses. “If a retailer, who has passed only Class X, wants to enroll for a diploma or certificate course in his/her sector, there should be provision for this in the Skill India digital program,” he added…
• Tech bellwether Murata sees smartphone market growing this year, driven by ‘promising’ demand in India
  18 Oct 2023, retail.economictimes.indiatimes.com
  The global smartphone market is expected to recover this year due to strong demand in India and other parts of Southeast Asia, according to Murata Manufacturing Co. While demand in China remains weak, momentum in India is promising, with increased adoption of 5G and continued growth in smartphone sales expected due to first-time buyers…
• Tech bellwether Murata sees smartphone market growing this year, driven by ‘promising’ demand in India
  18 Oct 2023, retail.economictimes.indiatimes.com
  The global smartphone market is expected to recover this year due to strong demand in India and other parts of Southeast Asia, according to Murata Manufacturing Co. While demand in China remains weak, momentum in India is promising, with increased adoption of 5G and continued growth in smartphone sales expected due to first-time buyers…
• Funskool to manufacture Dobble in India
  18 Oct 2023, retail.economictimes.indiatimes.com
  Funskool India will manufacture and distribute the game in India. “We are certain this will pave the way for more such collaborations and give a major fillip to our Make in India initiatives,” R. Jeswant, CEO, Funskool India said in a statement…
• Indian E-commerce Sensation Meesho’s Mega Blockbuster Sale: A Resounding Success
  18 Oct 2023, indianretailer.com
  Meesho, the popular Indian e-commerce platform, witnessed an extraordinary festive sale during its flagship event, the ‘Meesho Mega Blockbuster Sale,’ which took place from October 6 to October 15, 2023. This sale offered a wide range of high-quality products at affordable prices, primarily focusing on non-electronic categories. The event successfully fulfilled the festive shopping desires of millions of Indian customers and further solidified the platform’s unique market position…
• Retail India News: Acer Makes Inroads into the Indian Electric Vehicle Market with the Launch of MUVI-125-4G E-Scooter
  18 Oct 2023, indianretailer.com
  The electric vehicle (EV) landscape is experiencing a surge in growth as companies introduce innovative solutions for sustainable transportation. Acer, the renowned Taiwanese tech giant traditionally associated with computers and accessories, has unexpectedly entered this market. During the ongoing e-mobility expo in Greater Noida, Acer unveiled its e-scooter model, the MUVI-125-4G. This marks Acer’s foray into the EV sector, and the MUVI-125-4G is the first EV model released under the Acer brand tailored specifically for the Indian market…
• Retail India News: Wrogn and Disney Unveil MADE TO PLAY Collection
  18 Oct 2023, indianretailer.com
  Wrogn, the youth fashion brand co-owned by Virat Kohli, has joined forces with Disney to introduce MADE TO PLAY, a captivating line of men’s fashion apparel. This collection embodies a delightful fusion of nostalgia and contemporary style, embracing pop culture that transcends the conventional confines of fashion…
• Retail India News: Godrej Interio Expands Retail Presence in Delhi-NCR and Unveils Eco Furniture Range
  18 Oct 2023, indianretailer.com
  Godrej and Boyce, the flagship company of the Godrej Group, have made significant strides in enhancing the customer experience for Godrej Interio, India’s premier furniture and interior solutions brand, in the Delhi-NCR region. In the ongoing financial year, the company has inaugurated 15 new stores in the northern market, bringing the total number of stores to 35 in this strategically important region…
• Retail India News: Benetton Unveils AW’23 Collection: A Blend of Timeless Fashion and Sustainability
  18 Oct 2023, indianretailer.com
  Designed under the creative direction of Andrea Incontri, Benetton’s AW’23 collection seamlessly combines functionality with timeless aesthetics while celebrating the brand’s prestigious legacy. This collection introduces the evolution of non-colors, featuring white, black, and grey in the Benetton color palette for the first time. Upholding their commitment to sustainability, the collection incorporates eco-shearling, eco-leather, ecological cotton, recycled polyester, and recycled faux feathers…
• Retail India News: Metro Brands Ltd Celebrates Milestone with the Grand Opening of its 800th Store
  18 Oct 2023, indianretailer.com
  Metro Brands Ltd India’s most rapidly expanding footwear retailer, proudly announces the inauguration of its 800th store in India, a significant landmark in its journey of growth. This achievement underscores the company’s unwavering commitment to excellence and expansion, marking a new chapter in its rich legacy…
• Retail India News: McDonald’s India Introduces Delectable Cheesy Italian Burgers for a Festive Treat
  18 Oct 2023, indianretailer.com
  In an exciting addition to its Cheesy Burgers collection, McDonald’s India (West and South) has unveiled the Cheesy Italian Burgers, catering to both vegetarian and chicken lovers. These limited-time culinary creations, in addition to the highly innovative McCheese range, aim to redefine the burger experience, reaffirming McDonald’s dedication to ongoing menu innovations…
• Retail India News: ABD Celebrates ICONiQ Whisky Milestone, Over 1 mn Cases Sold in India
  18 Oct 2023, indianretailer.com
  Allied Blenders and Distillers (ABD) recently announced that their ICONiQ Whisky, launched in September 2022, has achieved a remarkable milestone by selling over 1 million cases by September 2023. Notably, this achievement has been reached despite the product being available exclusively in the northern and eastern states of India. The recent expansion into states like Maharashtra and Telangana has contributed to this impressive success…
• Retail Revolution: India’s Educational Toy Market Soars
  18 Oct 2023, indianretailer.com
  In today’s rapidly evolving world, nurturing the minds of our children is a profound responsibility valued by many. The global toy industry boasts a market size exceeding 10 lakh crore, with India’s contribution standing at approximately 1 percent, hinting at significant growth potential. Educational toys have gained a substantial share of this market, reflecting parents’ increasing focus on holistic child development…
• Retail India News: Doki Doki: Redefining the Essence of Fashion Retail in South Bombay
  18 Oct 2023, indianretailer.com
  Immerse yourself in the enchanting world of Doki Doki, where each step you take unveils a mosaic of offerings that redefines the very essence of the fashion retail experience. Tucked away in the memories of a 19th-century ice factory, elegantly transformed into a 1200-square-foot sanctuary, Doki Doki beckons you to explore the Ballard estate area of South Bombay, India. Here, a harmonious blend of tradition and modernity provides a backdrop for an exquisite collection, featuring signature pieces from visionary labels that embody an ethos transcending time…
• Retail India News: Endefo Expands Product Portfolio with Earbuds Series at Select Retail Stores
  18 Oct 2023, indianretailer.com
  Endefo has introduced its highly-anticipated line of True Wireless Earbuds (TWS) in the Indian market, offering consumers a range of five impressive models: Enbuds 12, Enbuds 14, Enbuds 20, Enbuds 21, and Enbuds Aura. These earbuds are poised to revolutionize the audio experience for Indian customers, with prices starting at a budget-friendly Rs 899 and going up to Rs 1499, ensuring accessibility without compromising on performance. Endefo’s TWS products are readily available to customers through a network of over 2000 retail stores across India…
• Retail India News: VAHDAM India Celebrates International Turmeric Day, Showcases the Versatility of Turmeric
  18 Oct 2023, indianretailer.com
  VAHDAM India has taken India’s finest teas and spices to the global stage while commemorating the 2nd edition of International Turmeric Day. This event plays a pivotal role in raising awareness about the multifaceted benefits of turmeric and its versatile applications. VAHDAM India, known for its steadfast commitment to wellness, dedicated an entire week from 8th October to 15th October to pay homage to the incredible virtues of turmeric…
• Retail India News: Blue Tribe Foods Achieves Plastic Neutrality and Earns Prestigious Sustainability Seal
  18 Oct 2023, indianretailer.com
  Blue Tribe Foods has reached a significant milestone in its journey towards environmental sustainability. In collaboration with The Disposal Company (TDC), the company has successfully attained plastic neutrality, reinforcing its commitment to environmental responsibility. Additionally, Blue Tribe Foods’ unwavering dedication to sustainability has been recognized with the prestigious Sustainability Seal for its innovative product line…
• Retail India News: mCaffeine’s Beauty Game-Changer, Unveis the ‘Eyes On You Serum Concealer’
  18 Oct 2023, indianretailer.com
  mCaffeine, renowned for its innovative approach to personal care and beauty, is once again pushing the boundaries of beauty with the introduction of their latest creation, the “Eyes On You Serum Concealer.” This groundbreaking product fuses the best of makeup and skincare to provide consumers with a solution that not only conceals but also addresses under-eye darkness and blemishes over time…
• Data-Driven Dining: How Technology Is Reshaping Hotel F&B
  18 Oct 2023, indianretailer.com
  Efficiency is the cornerstone of emerging technology solutions in the F&B industry, and one of the sector’s most pressing issues is food wastage…
• Courtyard by Marriott Bengaluru Hebbal Appoints Yogesh Pansare as F&B Manager
  18 Oct 2023, restaurant.indianretailer.com
  In his new role at Courtyard by Marriott Bengaluru Hebbal, Yogesh will oversee a range of vital responsibilities, including managing all food and beverage operations including the three restaurants, Bar, In-room dining and banquets…
• Chef Rahul Shrivastava Appointed as Executive Chef at Hyatt Centric Juhu
  18 Oct 2023, restaurant.indianretailer.com
  Chef Rahul’s role as Executive Chef at Hyatt Centric Juhu leads with a vision to elevate the acclaimed Sesame restaurant to new pinnacles of recognition…
• The Hazelnut Factory Debuts in Delhi with its 8th Outlet
  18 Oct 2023, restaurant.indianretailer.com
  With an already immense reputation in Lucknow as known as the biggest bakery kitchen UP, the company’s decision to venture into Delhi was fueled by the surge in online orders originating from the city…
• Kamat Hotels India Ltd. Elevates Varun Sahani as Senior VP of Operations
  18 Oct 2023, restaurant.indianretailer.com
  His vision encompasses a holistic approach to hospitality that focuses on guest satisfaction, innovation, sustainability, and strategic partnerships…
• KAZO Unveils Its Captivating Autumn/Winter 2023 Collection: A Celebration of Versatility and Elegance
  18 Oct 2023, indianretailer.com
  As the mercury begins to drop, KAZO, a brand synonymous with style and sophistication, is excited to announce the launch of its highly anticipated Autumn/Winter Collection for 2023…
• Embracing the Digital Revolution: A Paradigm Shift in FMCG Supply Chain Management
  18 Oct 2023, indianretailer.com
  In the exciting era of technological advancement, the Fast-Moving Consumer Goods (FMCG) sector is undergoing a transformative supply chain revolution. The infusion of digital technologies has ushered in a new era marked by exceptional agility, transparency, resilience, and adaptability within this industry. As a result, businesses in this field are proactively reimagining and reshaping their supply chain strategies to not only adapt but also flourish in this dynamically changing landscape…
• Anantraj Limited To Begin Work On Commercial Project In Delhi
  17 Oct 2023, rprealtyplus.com
  Anantraj Limited is beginning work on an office space, hospitality, and serviced apartments centre, with a developable area of approximately 7 lakh sq ft in New Delhi, the listed realtor said in a regulatory filing on October 16…
• Godrej Interio expands offline presence in North India; expects Rs 450 crore revenue from this region by FY26
  17 Oct 2023, retail.economictimes.indiatimes.com
  While expanding its product portfolio, it expects to secure a 25 per cent share of the Eco range furniture category in Delhi-NCR by FY25. At present, the brand has a market share of 18 per cent in the organized furniture sector in Delhi-NCR, and hopes to attain a 35 per cent share within the next three years. Also, it aims to generate a revenue of around Rs 450 crore from Northern India by FY26…
• ETRetailCafe: Baskin Robbins India’s Mohit Khattar on his plans to take the brand to another level
  17 Oct 2023, retail.economictimes.indiatimes.com
  Mohit Khattar, CEO of Graviss Foods – Baskin Robbins, India shares that there has never been a dull day at work. He is thoroughly enjoying what he is doing. He said, “The focus of the brand has always been around innovation and going ahead we will keep on innovating to grow further.”..
• India Inc gears up for bumper festive sales
  17 Oct 2023, retail.economictimes.indiatimes.com
  Snacking and sweetmeat gifting sees an upswing during the festival season. Desmond D’souza, senior director (sales), Mondelez India, said the festive season kicked off on a positive note with a good offtake during Rakhi. “As we approach Diwali, our brands like Cadbury Celebrations, Oreo will continue to shine across all sales channels, building on our success from previous years,” added D’souza…
• E-tailers conclude successful festive sales; Electronics, fashion, and beauty emerge as top categories
  17 Oct 2023, retail.economictimes.indiatimes.com
  E-commerce giant Flipkart claimed that it witnessed an overall 1.4 billion customer visits over early access and 7 days of its 10th edition of ‘The Big Billion Days’. On the other hand, Amazon India said that during the first 48 hours of the ‘Great Indian Festival 2023’, the online marketplace saw a record 9.5 crore customer visits…
• How digital tech is paving the way for hassle-free consumer journey
  17 Oct 2023, retail.economictimes.indiatimes.com
  After the intervention of technology, the AIDA framework has transformed into a 5A framework – awareness, appeal, ask, action, and advocacy. It is necessary for retailers to leverage technology at each step…
• Minimalist’s journey to efficient supply chain management | streamlining lead times with Maersk
  17 Oct 2023, retail.economictimes.indiatimes.com
  Minimalist, a prominent Indian skincare brand, strives to meet demanding customer expectations, delivering top-notch products promptly and ensuring a seamless experience. With surging demand for their products both domestically and globally, Minimalist encountered challenges stemming from a fragmented supply chain, resulting in extended transit durations and elevated costs.Swiftly and strategically addressing these hurdles, Minimalist partnered with Maersk, establishing a highly dependable integrated logistics solution. Capitalizing on Maersk’s state-of-the-art facilities and expansive distribution network, Minimalist has successfully streamlined order fulfillment across the United Arab Emirates for direct-to-consumer clients and across prominent marketplaces such as Amazon, Noon, and Namshi.For those seeking to optimize their supply chains and cut down on expenses, this video showcases how Minimalist has harnessed Maersk’s expertise and services to enhance customer satisfaction and achieve cost-efficiency…
• Flipkart chief people officer Krishna Raghavan quits
  17 Oct 2023, livemint.com
  Krishna Raghavan, chief people officer of Flipkart, has resigned after more than a decade at e-commerce firm. A senior executive in the firm confirmed that Raghavan has decided to move on after his “long tenure” with the company. Another company executive told Mint the firm would soon take a call on who will take over the HR head’s role…
• E-com unicorn Meesho registered 1.6 crore new app installs
  17 Oct 2023, thehindubusinessline.com
  During the annual sale, the platform onboarded nearly 2 lakh new sellers and claims around 30,000 sellers have become lakhpatis during the sale event. E-commerce marketplace Meesho, during its annual festive sale, saw 1.6 crore new app installs. The Mega Blockbuster sale went live on October 6 and concluded on October 15, 2023 and saw 120 crore customer visits. Categories such as Home and Kitchen, Fashion and Beauty and Personal Care garnered more than 72 orders per second…
• Malabar Gold & Diamonds opens a new showroom at Rajouri Garden, 7th in Delhi
  17 Oct 2023, retail.economictimes.indiatimes.com
  Commenting on the launch, Mr. M.P. Ahammed, Chairman, Malabar Group said, “We are excited to launch our new showroom at Rajouri Garden. The showroom further strengthens our association with the city with rich cultural diversity and heritage. I would like to thank the people of Delhi for making Malabar Gold & Diamonds a household name and the most sought after jeweller of the city. The new store underlines our continued focus to serve the jewellery buyers in Delhi with unmatched transparency in quality and pricing. We welcome all to visit our new showroom at Rajouri Garden for an extraordinary jewellery buying experience…
• Food delivery cos, cloud kitchens record double-digit spike in orders during Ind vs Pak match
  17 Oct 2023, retail.economictimes.indiatimes.com
  ​Food delivery major Swiggy in its live tweets during the match shared that 250 biriyanis were being ordered per minute on the platform since the start of the match. Along with biryani, Indians ordered over 1 lakh cold drinks during the match on the platform…
• QSR Industry Q2FY24 results preview: Demand deceleration, weakness in margins to stay; demand recovery expected in Q3
  17 Oct 2023, financialexpress.com
  While the demand normalisation and deteriorating consumer sentiment have caused same store sales growth (SSSG) to turn from flat to negative, HDFC Securities analysts expect a further slowdown in growth metrics (SSSG, ADS, etc.) in Q2FY24…
• Mukesh Ambani to launch India’s most expensive mall on this date; know luxury brands, rent, list of stores
  17 Oct 2023, dnaindia.com
  Mukesh Ambani is all set to launch his next mega-project in India – the Jio World Plaza – which is set to be the biggest luxury mall in India, situated in Mumbai…
• DS Group to bid for Great India Place mall in Noida
  17 Oct 2023, livemint.com
  New Delhi: DS Group, the makers of Rajnigandha pan masala and Catch spices, is exploring the acquisition of the Great India Place Mall complex at Noida in Delhi-NCR, two people aware of the development said. A deal is likely at around…
• Gowri Signatures Atelier Unveils Exquisite Retail Experience for Luxury Wedding Wear in India
  17 Oct 2023, indianretailer.com
  In a lavish celebration that seamlessly merged opulence and artistry, the grand inauguration of the Gowri Signatures Atelier, featuring Stylish Superstar Mahesh Babu and Namrata Shirodkar, set new standards for personalized luxury wedding attire. Located in the prestigious Road No. 36 in Jubilee Hills, the launch of the Gowri Signatures retail store captivated connoisseurs, fashion enthusiasts, and luminaries who witnessed the harmonious fusion of craftsmanship and exclusivity…
• Retail India News: KAZO Fashion Expands its Retail Footprint with a Chic Store in Delhi
  17 Oct 2023, indianretailer.com
  KAZO Fashion, the celebrated fashion brand known for its versatile designs and exceptional quality, has unveiled its latest retail store, nestled at 56, Connaught Circle, Block M, Connaught Place, New Delhi…
• Kalyan Jewellers Expands Retail Presence with Three New Delhi Showrooms Inaugurated by Ajay Devgn
  17 Oct 2023, indianretailer.com
  In a significant expansion move, Kalyan Jewellers, one of India’s most renowned and trusted jewelry companies, has unveiled three new showrooms in New Delhi. The grand inauguration of these revamped showrooms at Janakpuri, Karol Bagh, and Kamala Nagar was a star-studded affair with the presence of Bollywood actor Ajay Devgn. The Karol Bagh showroom is now situated on Pusa Road, while Kamala Nagar’s location is on Bungalow Road, and Janakpuri’s showroom is located at Block A1. These showrooms showcase a diverse range of designs from Kalyan Jewellers’ various collections and provide patrons with state-of-the-art facilities and a world-class ambiance, ensuring an unparalleled shopping experience…
• Retail India News: Centuary Mattress Redefines Sleep Solutions with New Experience Store In Chennai
  17 Oct 2023, indianretailer.com
  Centuary Mattress, an established name in the sleep solutions industry in India, with a legacy spanning over thirty-five years, proudly announces the grand opening of its innovative Experience Store in the bustling commercial hub of Velachery, Chennai. Covering an expansive 1,000 sq ft area, this new exclusive retail destination represents a significant milestone in Centuary Mattress’s mission to transform the way consumers experience and select their sleep solutions…
• Unbox Top 5 Smartwatches that are Creating Retail Waves this Diwali
  17 Oct 2023, indianretailer.com
  Diwali, the radiant festival of lights, is approaching, and what better way to celebrate this season of illumination than by unboxing a smartwatch that illuminates your life in unique ways. As we bask in the glow of technological advancements, the world of smartwatches is experiencing a dazzling surge, offering us a range of choices that are not just timekeepers but also health companions, style statements, and productivity enhancers. With the smartwatch market set to surge at an astounding 27.78 percent CAGR, this festive season brings a golden opportunity to brighten your life or surprise someone with the gift of innovation…
• Demand for Pre-Owned Luxury Cars Soars in 2023: Luxury Ride Prepares for Festive Rush
  17 Oct 2023, indianretailer.com
  In 2023, the luxury car retail market in India continues to evolve, with a thriving demand for high-end automobiles, setting new benchmarks for sophistication and performance. As the Indian economy surges forward, consumers’ affinity for luxury vehicles is on the rise, reflecting a promising landscape for luxury car manufacturers…
• Revolutionizing the Writing Instruments Retail Experience: From Brick-and-Mortar to Omnichannel
  17 Oct 2023, indianretailer.com
  In a world increasingly conquered by digital communication, the art of writing by hand still holds a special place in our hearts. Writing instruments have continued to be cherished tools of self-expression, creativity, and communication for centuries. The only change is that in the era of e-commerce and online shopping, the retail experience for these beloved instruments is being reimagined and revitalized…
• Retail India News: Rajkumar Rao Takes the Spotlight as Park Avenue Showstopper at Lakmé Fashion Week
  17 Oct 2023, indianretailer.com
  Bollywood actor Rajkumar Rao graced the ramp as the showstopper for renowned menswear fashion brand Park Avenue, unveiling their ‘City Casuals’ Collection at Lakme Fashion Week X FDCI. The evening commenced with actor and dancer Shantanu Maheshwari, setting the stage for a night filled with fashion innovation and style evolution…
• Retail India News: Haldiram’s Unveils Tempting Navratri Feast Menu
  17 Oct 2023, indianretailer.com
  This Navratri, Haldiram’s is delighted to introduce its special Navratri feast menu, catering to all your fasting culinary desires. The brand proudly presents this campaign, featuring delectable recipes that are not only delicious but also deeply rooted in the spirit of the festival. Haldiram’s distinguishes itself as a pioneer in ensuring the utmost hygiene in the preparation of Navratri meals…
• Retail India News: Portronics Expands Product Portfolio with Ruffpad 21 – A Smart LCD Writing Pad
  17 Oct 2023, indianretailer.com
  Indulge your imagination and give life to your creative ideas with the expansive LCD writing pad, the Ruffpad 21 by Portronics. As a prominent player in the digital and portable consumer electronics market in India, Portronics presents this exceptional accessory designed for every workspace, whether it’s the office, home, or school. The Ruffpad 21 not only adds a touch of fun to creativity but also contributes significantly to the environment by reducing paper usage, making it a thoughtful gift for kids, students, and colleagues…
• Retail India News: Rang De Collabs with Bakarmax to Create Animated Ad Films on Social Investing
  17 Oct 2023, indianretailer.com
  Rang De has joined forces with Bakarmax, a prominent animation and comics studio, to craft engaging animated ad films that raise awareness about social investing, an innovative approach to support creditworthy, unbanked individuals. The primary aim of this partnership is in alignment with Rang De’s broader objective of expanding its base of social investors, particularly among the younger generation, who share a common concern for underserved communities. Leveraging Bakarmax’s creative prowess and its growing audience of approximately 80,000 people each month across various platforms, this partnership is poised to accelerate Rang De’s long-term goal of attracting one million social investors to its platform within the next three years…
• Retail India News: Kanine Introduces French Luxury Brand, Milk and Pepper in the Pet space
  17 Oct 2023, indianretailer.com
  Kanine, the pinnacle of pet luxury, is delighted to unveil the exclusive arrival of Milk and Pepper, the prestigious French brand renowned for its chic pet accessories and outdoor wear, to the thriving and ever-expanding pet market in India…
• Retail India News: Snitch Expands its Product Line with Shoes and Fragrance Collections
  17 Oct 2023, indianretailer.com
  In the backdrop of a remarkable resurgence in India’s fast fashion apparel segment, Snitch, a prominent direct-to-consumer (D2C) men’s fashion brand, is excited to announce its diversified product portfolio. The brand is extending its offerings with the launch of two exciting categories – Shoes and Fragrance, setting the stage for substantial growth. The company anticipates a remarkable rise in revenue from Rs 110 crore in FY23 to an impressive Rs 250 crore in FY24…
• The Hazelnut Factory Debuts in Delhi with its 8th Outlet
  17 Oct 2023, restaurant.indianretailer.com
  With an already immense reputation in Lucknow as known as the biggest bakery kitchen UP, the company’s decision to venture into Delhi was fueled by the surge in online orders originating from the city…
• Kamat Hotels India Ltd. Elevates Varun Sahani as Senior VP of Operations
  17 Oct 2023, restaurant.indianretailer.com
  His vision encompasses a holistic approach to hospitality that focuses on guest satisfaction, innovation, sustainability, and strategic partnerships…
• Chukde Spices Ropes in Karisma Kapoor as Brand Ambassador
  17 Oct 2023, restaurant.indianretailer.com
  Manufacturing spices since 2006, this association with popular star Karisma Kapoor will strengthen the brand awareness drive by Chukde across the country…
• Rolling Stone Partners with Jay Jay & Kwality Restaurants for India Expansion
  17 Oct 2023, restaurant.indianretailer.com
  The group is planning to open 10 stores in first five years and also invest around 85cr to 90cr in the market…
• World Food Day: 6 Key Learnings from Top Restaurateurs to Incorporate in your Biz
  17 Oct 2023, restaurant.indianretailer.com
  Embracing these principles not only elevates one’s brand but also paves the way for long-term success in a competitive and dynamic market…
• Chukde Spices Ropes in Karisma Kapoor as Brand Ambassador
  17 Oct 2023, restaurant.indianretailer.com
  Manufacturing spices since 2006, this association with popular star Karisma Kapoor will strengthen the brand awareness drive by Chukde across the country…
• Spin Master Finalizes Acquisition of Melissa and Doug for $950 mn
  17 Oct 2023, indianretailer.com
  Spin Master, a prominent company specializing in children’s entertainment, has officially inked a definitive agreement to purchase the U.S.-based toy firm, Melissa and Doug, renowned for its well-established and trustworthy presence in early childhood play. This strategic acquisition is valued at $950 million in cash and is set to facilitate an amalgamation of Melissa and Doug’s esteemed expertise in early childhood toys with Spin Master’s portfolio…
• Random House Graphic Announces Dr. Seuss Graphic Novels Debut in 2024
  17 Oct 2023, indianretailer.com
  Random House Graphic, a distinguished imprint under Random House Children’s Books, in collaboration with Dr. Seuss Enterprises, is set to unveil a pioneering series of graphic novels in 2024, introducing beloved Dr. Seuss characters in brand-new adventures…
• Retail India News: Food Square Elevates Gourmet Retail with Luxury Store in Mumbai
  17 Oct 2023, indianretailer.com
  Mayank Gupta and Lalit Jhawar, two enterprising farmer-entrepreneurs, have embarked on an exciting journey into the world of gourmet retail with the launch of Food Square. This one-of-a-kind premium destination for gourmet food items spans an impressive 25,000 square feet and graces the heart of Bandra, Mumbai. It offers an exquisite array of the finest groceries and rare flavors sourced from around the globe, catering to a diverse range of culinary desires, and aims to transform the way gourmet retail is experienced…
• Microtek Infrastructure Unveils Shop-Cum-Office Plots In Gurugram
  16 Oct 2023, rprealtyplus.com
  Microtek Infrastructure, a pioneer in the real estate industry, is proud to announce the launch of its innovative project, Microtek Success Hub. This Shop-Cum-Office (SCO) plot is located in Sector 95A, Gurugram, offering a unique investment opportunity with a remarkable Rs 100 Crore project. With excellent connectivity to Delhi-Jaipur Super Expressway and Manesar, Microtek Success Hub is perfectly positioned to capture the attention of potential business owners and entrepreneurs. It benefits from a strong residential catchment of nearly 25,000 families, ensuring a steady flow of potential customers…
• Prestige Group Aims 55% Annual Growth In Sales Bookings
  16 Oct 2023, rprealtyplus.com
  Prestige Estates Projects Ltd expects its sale bookings to rise 55 per cent this fiscal to touch an all-time high of Rs 20,000 crore driven by strong demand for residential properties…
• Emaar India to invest $1.85 billion in two years: CEO ​Kalyan Chakrabarti
  16 Oct 2023, retail.economictimes.indiatimes.com
  ​The firm intends to release around 10 million square feet of real estate over the next two years, expanding its presence into key markets including Mumbai, Pune, Bengaluru, and Hyderabad…
• Avenue Supermarts’ Q2 total revenue crosses Rs 12,624 cr; added 9 DMart stores in Q2 FY24
  16 Oct 2023, retail.economictimes.indiatimes.com
  However, DMart’s consolidated net profit declined 9% to Rs 623.35 crore in Q2 FY24, as compared to Rs 685.71 crore in the corresponding quarter of last year. Neville Noronha, CEO and MD of Avenue Supermarts said, “Q2 FY 2024 saw revenue growth of 18.5% as compared to the corresponding quarter of last year. Our gross margins continue to be lower compared to the same period in the previous year due to lesser contribution from the higher margin General Merchandise and Apparel business.​..
• Ecommerce festive sales off to a bright start on deep discounts
  16 Oct 2023, retail.economictimes.indiatimes.com
  Brands and ecommerce platform executives said they have seen a better-than-expected start to festive season sales at the end of the first week, with deep discounts, shaking off concerns around an impact from the ‘Shradh’ period, which lasted till October 15…
• Flipkart records 1.4 billion visits to its festive sale
  16 Oct 2023, financialexpress.com
  E-commerce giant Flipkart said it has recorded 1.4 billion customer visits over the eight days of its festive sale, with sellers seeing 2.5x growth in their businesses as compared to usual business days…
• Amazon, Flipkart festive offers give a massive push in e-retail sales
  16 Oct 2023, retail.economictimes.indiatimes.com
  E-commerce platforms in India are expected to have made over Rs 29,000 crore in sales during the first four days of the festive sale period, according to a survey by Redseer Strategy Consultants. Sales increased by 16% compared to the same period last year, with Flipkart and Amazon’s promotions on high-value products and financing options driving demand…
• Consumer product makers bet big on discretionary spending recovery with start of Navratri and Durga Puja
  16 Oct 2023, thehindubusinessline.com
  Players across sector targeting double-digit growth this festival season With the festival season beginning with Navratris and Durga Puja, consumer product companies across categories are hopeful of a recovery in discretionary spending. Players in various sectors, including furniture, beauty, and white goods, are targeting high double-digit growth this festival season…
• Boult to enter smart eyewear category, targeting mass-prestige segment
  16 Oct 2023, thehindubusinessline.com
  The company has plans to nearly double its topline revenue by the end of FY24. Homegrown wearables brand Boult will foray into the smart eyewear category, with plans to launch one or two new products in the next 6 to 12 months, a top company executive told businessLine…
• Certificate courses to come up on retail marketing for retailers, says Dharmendra Pradhan
  16 Oct 2023, timesofindia.indiatimes.com
  Pradhan, who is also the education minister of the country, said help from IIMs and IITs will be taken for providing the course. “If a retailer, who has passed only Class X, wants to enrol for a diploma or certificate course in his/her sector, there should be provision for this in the Skill India digital programme,” he added…
• 5 Luxury Brands Redefining Home Decor for this Festive Season
  16 Oct 2023, indianretailer.com
  As the festive season approaches, it is time to elevate your home’s décor to match the celebratory spirit in the air. Whether you are looking to revamp your outdoor spaces or add a touch of tradition and sophistication to your interiors, these four luxury brands have got you covered. From innovative outdoor furniture to bespoke soft furnishings and opulent designer décor, these brands are setting the standard for home décor. Join us as we explore their exquisite offerings and discover how you can transform your living spaces into havens of style and comfort…
• Dabur India Achieves Cloud-First Status, Paving the Path to FMCG Excellence
  16 Oct 2023, indianretailer.com
  Dabur India announced the successful completion of one of the largest and most intricate cloud migrations in the industry. This achievement has catapulted Dabur into the forefront as the inaugural Indian Fast Moving Consumer Goods (FMCG) Cloud-Only Enterprise…
• Indian Toys Industry: Opportunities and the Road Ahead
  16 Oct 2023, indianretailer.com
  Toys are integral to childhood in India, with a diverse and culturally rich history. According to Imarc, India’s toy market reached a value of $1.5 billion in 2022 and it is projected to reach $3 billion by 2028, growing at a CAGR of 12.2 percent during the forecast period of 2023-2028. Factors driving growth include rising disposable incomes, an increasing number of children, a burgeoning middle class, and increased awareness of play’s importance…
• Retail India News: Pakka Limited Unveils Compostable Flexible Packaging in Collab with Brawny Bear
  16 Oct 2023, indianretailer.com
  Pakka Limited, formerly known as Yash Pakka Limited, a leading manufacturer of compostable packaging solutions, has introduced India’s inaugural compostable flexible packaging in collaboration with Brawny Bear, a nutrition company renowned for creating healthy food products using the natural sweetness of dates. This marks a significant advancement in India’s packaging industry, which boasts a valuation exceeding $70 billion…
• Titan to Ride the Wave of Luxury Watch Demand with Helios and Titan World
  16 Oct 2023, indianretailer.com
  Titan is on a retail revamp spree since 2021. The brand is slated to add 250 new retail outlets this year, and according to Ajay Dwivedi, Retail Head, Watches and Wearables Division, Titan Company Limited, the booming luxury watch space has been a strong catalyst…
• Retail India News: trueBrowns Redefines Festive Fashion with the Spectacular Rutba Collection
  16 Oct 2023, indianretailer.com
  As the much-anticipated festive season approaches, trueBrowns, a homegrown urban ethnic lifestyle brand celebrated for its seamless fusion of Indian heritage and contemporary sophistication, proudly presents its exquisite festive collection, Rutba. This collection not only marks the brand’s debut in the menswear segment but also introduces the second drop of their jewelry line. With Rutba, trueBrowns endeavors to captivate its audience with an array of stunning pieces that exude jubilance, heralding a fresh perspective on festive fashion…
• Rolling Stone Partners with Jay Jay & Kwality Restaurants for India Expansion
  16 Oct 2023, restaurant.indianretailer.com
  The group is planning to open 10 stores in first five years and also invest around 85cr to 90cr in the market. Rolling Stone has announced its expansion into the Indian hospitality business with Jay Jay and Kwality Restaurants Private Limited (JJAKRPL)…
• Skill India & Coca-Cola India partner to launch Retailer Skill Development Program
  16 Oct 2023, foodtechbiz.com
  The initiative will play a pivotal role in strengthening India’s economy by skilling, reskilling and upskilling the retailers – Dharmendra Pradhan..
• Dharmendra Pradhan launches NSDC-Coca Cola project to upskill retailers in Odisha
  16 Oct 2023, newindianexpress.com
  Pradhan said the participants will undergo a 14-hour quality retail training through the Skill India digital portal…
• E-tailers log Rs 29K cr worth GMV in first 4 days of festive sales in India
  14 Oct 2023, retail.economictimes.indiatimes.com
  E-tailers in India saw Rs 29,000 crore worth gross merchandise value (GMV) in the first four days of the festive season sales that started from October 7, a report showed on Friday…
• Coca-Cola India’s spending on brands to be highest in H2
  14 Oct 2023, retail.economictimes.indiatimes.com
  Coca-Cola plans to have its highest-ever brand spending in India during the second half of 2023, coinciding with the ICC Men’s Cricket World Cup and the festive season. The company expects increased consumption and sees the event as a significant platform for business expansion. Despite challenging macro conditions, Coca-Cola anticipates people will spend money across categories during the festive season, and affordable packages will perform well…
• Udaan halves EBITDA burn YoY in June 2023, registers 2X growth in Q2FY24 for FMCG
  14 Oct 2023, retail.economictimes.indiatimes.com
  Commenting on the fall in Udaan’s overall FY23 revenue and the impact on FMCG business, he said, “The contribution of FMCG in Udaan is expected to grow further from 30%. With a wider selection, reach and more acceptance, I see FY23 to be much stronger than 22…
• We plan to build Quench Botanics Rs 100 crore net revenue brand in a year: Vellvette Lifestyle’s Vineeta Singh
  14 Oct 2023, retail.economictimes.indiatimes.com
  From FY 23 to FY 24, Quench Botanics is expected to grow 4x at a net revenue level…
• Zomato launches hyperlocal delivery service Xtreme to leverage 3-lakh strong delivery fleet
  14 Oct 2023, retail.economictimes.indiatimes.com
  Xtreme, which was launched late last month, targets both small and large merchants for delivering small packages intracity on the lines of services provided by Shadowfax, Porter and Loadshare…
• The Classic pivot: Charting ITC’s FMCG growth story
  14 Oct 2023, retail.economictimes.indiatimes.com
  ITC, the 113-year-old company known for its cigarette business, has successfully diversified its revenue streams and achieved leadership positions in various FMCG categories. Its consumer business, supported by strong brands and cash flows from the cigarette business, has grown significantly over the past two decades. Additionally, ITC’s agri-business and digital initiatives have contributed to its growth…
• Govt aims to bring 1,500-2,000 products under mandatory quality certification in next 2-3 years: Goyal
  14 Oct 2023, retail.economictimes.indiatimes.com
  The Indian government plans to expand the mandatory quality standard certification to include 1,500-2,000 products in the next 2-3 years, according to Food and Consumer Affairs Minister Piyush Goyal. Currently, over 500 products are covered by mandatory certification, compared to just 106 products prior to 2014. Goyal highlighted the importance of setting and maintaining quality standards, stating that they are crucial for sustainable development. The theme of this year’s World Standards Day, celebrated on October 14, is “A shared vision for a better world” with a focus on standards for sustainable development goals (SDGs)…
• Venture Highway sells part of stake in Meesho to WestBridge Capital
  14 Oct 2023, retail.economictimes.indiatimes.com
  Venture Highway first invested in Meesho in 2015. The exit comes just days after Venture Highway co-founder Samir Sood stepped down as a partner of the firm. At the same time, it had appointed Priya Mohan as the managing partner…
• JD.com shares fall 13%, hits record low; banks cut Q3 growth target on retail slowdown
  14 Oct 2023, retail.economictimes.indiatimes.com
  JD.com, which is listed in Hong Kong and the United States, is expected to report quarterly financial data in mid-November following China’s main online shopping festival, Singles’ Day…
• trueBrowns enters men’s wear segment; expects 3.5 x ROI this festive season
  14 Oct 2023, retail.economictimes.indiatimes.com
  The brand, which has launched 40 SKUs under the men’s wear segment, is eyeing 100 per cent plus growth in the segment by the next fiscal year-end…
• DMart Q2 Results Preview: Avenue Supermarts to clock double-digit revenue growth on grocery sales
  14 Oct 2023, livemint.com
  DMart Q2 Results Preview: Avenue Supermarts, which operates DMart supermarket retail chain, is expected to report softer numbers for net profit in the July-September quarter for fiscal 2023-24 (Q2FY24) on October 14, due to poor operational performance and sector-wise slowdown…
• Rising gold prices to hamper festival demand for jewellery
  14 Oct 2023, thehindubusinessline.com
  Gold prices were up 3%, or by ₹1,819 per 10 gram, to ₹58,396 on Friday from ₹56,577 on October 3 The sharp rise in gold prices on the back of the raging war between Israel and Hamas is set to hit jewellery sales during the upcoming peak festival season of Dhanteras and Diwali…
• Rising gold prices to hamper festival demand for jewellery
  14 Oct 2023, retail.economictimes.indiatimes.com
  Gold prices were up 3%, or by ₹1,819 per 10 gram, to ₹58,396 on Friday from ₹56,577 on October 3 Rise in gold prices will have an impact on the volume of jewellery sales, but it will also push consumers to take the plunge and buy jewellery before it becomes more expensive | Photo Credit: NAGARA GOPAL…
• ‘Ikea entering next India growth phase’
  14 Oct 2023, livemint.com
  NEW DELHI :Ingka Group, the owner and operator of Ikea stores, wants to invest in Indian startups and the country’s energy sector via its investment arm, said Juvencio Maeztu, deputy chief executive officer of Ingka Group…
• Retail India News: Miniklub Expands Retail Presence in Gujarat with Two New Stores
  14 Oct 2023, indianretailer.com
  Miniklub has inaugurated two new stores in Gujarat. Situated in Rajkot and Jamnagar, these freshly established outlets, spanning over 2000 sqft, offer a comprehensive range of safe and comfortable apparel and non-apparel items catering to newborns up to 8-year-olds…
• How Lenskart is Transforming Eyewear with Tech-Driven Innovation
  14 Oct 2023, indianretailer.com
  In the ever-evolving landscape of retail, Lenskart has emerged as a trailblazer, revolutionizing the eyewear industry in India. Founded in 2010, the brand has redefined the way consumers shop for eyewear, leveraging technology and innovation to enhance customer experiences and bridge the gap between online and offline retail…
• Embracing the Digital Revolution: A Paradigm Shift in FMCG Supply Chain Management
  14 Oct 2023, indianretailer.com
  In the exciting era of technological advancement, the Fast-Moving Consumer Goods (FMCG) sector is undergoing a transformative supply chain revolution. The infusion of digital technologies has ushered in a new era marked by exceptional agility, transparency, resilience, and adaptability within this industry. As a result, businesses in this field are proactively reimagining and reshaping their supply chain strategies to not only adapt but also flourish in this dynamically changing landscape…
• Retail India News: Senco Gold and Diamonds Unveils Rajwada 2023 Festive Edit Collection at D’SIGNIA Stores
  14 Oct 2023, indianretailer.com
  Senco Gold and Diamonds has proudly introduced their exquisite collection, the Rajwada 2023 Festive Edit, at their D’SIGNIA stores. This collection is a splendid homage to the festive ethos and encapsulates the seamless fusion of traditional opulence and contemporary grace…
• Men’s grooming: A Booming Industry Defying all Expectations
  14 Oct 2023, indianretailer.com
  A global epidemic has made males more conscious of health-related cleanliness, skincare, and grooming. Companies are now producing male-targeted items in order to diversify their business portfolio. As consumer preferences and tastes continually shift, industries respond with innovation, superior product designs, and enhanced quality standards. The incredible success story of the men’s grooming industry is a testament to this dynamic relationship between consumers and businesses. Let’s explore how this sector has emerged as the fastest-growing segment in the market…
• 5 Must-Have Beauty Products for the Upcoming Festive Season
  14 Oct 2023, indianretailer.com
  The festive season is just around the corner, and it’s time to elevate your beauty game to shine brighter than ever. Whether you’re celebrating Navratri, Diwali, or any other special occasion, you deserve to look and feel your best. To help you achieve a radiant and rejuvenated look, we’ve curated a list of must-have beauty products from top-notch brands. From skincare serums to vibrant hair colors and illuminating strobe creams, this festive season has got consumers covered with the latest and greatest products from Blossom Kochhar Aroma Magic, Derma Co, Aqualogica, 2.Oh!, and Colorbar…
• Retail India News: HELL ENERGY Appoints Shardul Thakur and Mohammad Shami as Cricket Brand Ambassadors
  14 Oct 2023, indianretailer.com
  HELL ENERGY has signed Shardul Thakur and Mohammad Shami, two eminent Indian cricketers, as their special brand ambassadors. This collaboration aims to celebrate the profound love for cricket in a nation that is fervently passionate about the sport. Together, the duo launched a limited-edition energy drink, HELL Cricket Crazy…
• Retail India News: H&M India Unveils Festive Campaign with Athiya Shetty Showcasing Stylish Ensembles
  14 Oct 2023, indianretailer.com
  H&M India has launched its latest Festive campaign, featuring the renowned actress and fashion icon, Athiya Shetty, presenting an extensive range of party-ready outfits. The diverse collection is a celebration of contemporary style, thoughtfully curated to resonate with individuals who seek the perfect fusion of fashion and comfort…
• Retail India News: Fabelle Expands Product Portfolio with ‘Fabelle One Earth Collection’
  14 Oct 2023, indianretailer.com
  Fabelle Exquisite Chocolates, the distinguished luxury chocolate brand under the banner of ITC Ltd has earned recognition for its commitment to crafting extraordinary chocolate experiences for its discerning customers. In recent years, Fabelle has introduced several groundbreaking innovations, such as the Fabelle Trinity – Truffles Extraordinaire, which stands as the world’s most expensive chocolate, and the Fabelle Finesse, celebrated as the world’s finest chocolate. These achievements have set industry benchmarks in the global chocolate landscape…
• Retail India News: Max Fashion’s “Unbelievable” Campaign Ignites Festive Excitement
  14 Oct 2023, indianretailer.com
  Max Fashion, a prominent fashion retail brand, has kindled enthusiasm this festive season with its “Unbelievable” campaign. The newly released film adeptly captures the essence of Max Fashion’s commitment to maximum style at minimum prices, highlighting the latest trends and styles and emphasizing its dedication to affordable fashion. Today, the campaign debuts with two ingenious and whimsical film segments, reaffirming its position as a value-driven fashion brand…
• Elevating the Gifting Experience: Crafting Connections in the Digital Age
  14 Oct 2023, indianretailer.com
  Gifting is an age-old tradition that has found a new heartbeat in the digital era. E-commerce gifting platforms have redefined the art of expressing sentiments, transforming it into an experience transcending traditional boundaries. This article explores the evolving world of e-commerce gifting platforms, uncovering how they’re simplifying the gift-buying process, harnessing the power of artificial intelligence for personalized connections, and shaping a promising future of gifting that resonates deeply in 2023 and beyond…
• Retail India News: Satish Nair Appointed as Senior VP of Retail at Zappfresh
  14 Oct 2023, indianretailer.com
  We are delighted to introduce Satish Nair as the Senior Vice President of Retail at Zappfresh. With an impressive career spanning over 25 years in transformative leadership roles, Nair has consistently showcased an exceptional aptitude for driving growth, innovation, and strategic excellence…
• Retail India News: Swarovski Unveils Dazzling Diwali Campaign with Actress Ananya Panday
  14 Oct 2023, indianretailer.com
  Diwali, signifying the arrival of the new moon, represents the triumph of good over evil and light over darkness. This cherished festival illuminates the skies with flickering lanterns and promises new victories as friends and family exchange gifts and well wishes at celebratory gatherings…
• Woodside Inn Unveils New Woodside Burger Shop
  14 Oct 2023, restaurant.indianretailer.com
  Woodside burger shop menu items are available on delivery platforms such as Swiggy and Zomato in the neighborhoods of Kalbadevi, Powai, and Worli…
• L’Opéra Opens New Art Café at MG Road, Delhi
  14 Oct 2023, restaurant.indianretailer.com
  All L’Opéra outlets are designed and operated in such manner as to transport the guests and patrons to the heart of Paris through their refined atmosphere and exquisite products…
• Hasbro and Girl Up Unveil ‘Girl Innovators of Play’ to Empower Young Women in STEM
  14 Oct 2023, indianretailer.com
  Hasbro has introduced ‘Hasbro Girl Innovators of Play’ in collaboration with Girl Up, a United Nations Foundation initiative focusing on the development of girls’ leadership. This announcement was made during the Girls Leading Change event and is scheduled to commence in early 2024. This initiative builds on the recent ‘Hasbro Women Innovators of Play’ challenge, which called for the creation of the next significant mass-market toy or game led by women…
• Crunchyroll Collabs with Black White Orange to Expand Licensing Merchandise Programs in India
  14 Oct 2023, indianretailer.com
  Crunchyroll has unveiled a strategic partnership with the brand licensing agency Black White Orange (BWO), appointing them to oversee and manage licensing merchandise programs within India. This collaboration will involve the development of new licensing initiatives in collaboration with fresh partners across various categories…
• MGA Entertainment and Crayola Forge Multi-Year Partnership for L.O.L. Surprise! Loves Brand
  14 Oct 2023, indianretailer.com
  MGA Entertainment (MGA) and Crayola have officially announced a multi-year agreement, empowering MGA to produce and distribute Crayola-inspired dolls and licensed merchandise globally under its L.O.L. Surprise! Loves brand…
• Perry Ellis International Announces Licensing Partnership with Peerless Clothing International
  14 Oct 2023, indianretailer.com
  Perry Ellis International, Inc. (PEI) has unveiled a licensing collaboration with Peerless Clothing International for its Perry Ellis and Original Penguin brands. This strategic alliance signifies the return of Peerless Clothing International to the PEI portfolio, uniting the iconic American style of Perry Ellis and Original Penguin with Peerless’ exceptional craftsmanship to usher in a new era of tailored clothing…
• Food Trends Report: 85 pc of Households Opt for Vegetarian Meals
  14 Oct 2023, indianretailer.com
  Home cooking, once considered a diminishing skill, is experiencing a renaissance. In response to this culinary resurgence, upliance.ai, an innovative home appliance startup, has introduced its AI Cooking Assistant, delishUp , and is delighted to present its comprehensive debut food trends report. This report embarks on a flavorful journey through the evolving tastes of young Indian households, enriched by meticulously curated, data-driven insights…
• Retail India News: Shoppers Stop’s ‘We-Time Wali Diwali’ Campaign Aims to Revive Festive Togetherness
  14 Oct 2023, indianretailer.com
  Shoppers Stop, India’s premier omnichannel destination for fashion, beauty, and gifting, is gearing up to infuse the essence of togetherness into this year’s Diwali celebration through an engaging digital campaign titled ‘We-Time Wali Diwali,’ featuring the acclaimed actor Rakul Preet Singh…
• Retail India News: Kareena Kapoor Khan Partners with SUGAR Cosmetics Founders to Launch Quench Botanics
  14 Oct 2023, indianretailer.com
  Renowned Indian movie icon Kareena Kapoor Khan has entered into a strategic partnership with Vineeta Singh and Kaushik Mukherjee, the founders of the prominent makeup brand, SUGAR Cosmetics, to introduce Quench Botanics. This is a premium Korean skincare brand meticulously designed to suit the specific needs of Indian skin and adapt to the country’s diverse weather conditions. Kareena Kapoor Khan, an iconic superstar, assumes the role of Co-owner and Investor at Quench, marking a significant step in her entrepreneurial journey with a vision to establish the brand as one of India’s largest and most beloved beauty brands…
• Clicking towards record: India’s festival season spurs online shopping spree
  13 Oct 2023, retail.economictimes.indiatimes.com
  INDIA-RETAIL-ECOMMERCE-Clicking towards record: India’s festival season spurs online shopping spree..
• Kareena Kapoor Khan, Sugar Cosmetics parent form JV to sell Korean products
  13 Oct 2023, retail.economictimes.indiatimes.com
  The joint venture company called Quench Botanics is expected to be a Rs 100-crore business in net revenue over the next 12 months, said Vineeta Singh, who is also the CEO of Sugar Cosmetics…
• Samsung about to enter Rs 1 lakh crore galaxy as sales grow 16% to Rs 98,924 crore in FY23
  13 Oct 2023, retail.economictimes.indiatimes.com
  Samsung Electronics is close to achieving annual revenue of ?1 lakh crore in India, according to recent regulatory filings. The company’s total income in 2022-23 reached ?98,924 crore, with sales growing by 16% compared to the previous year. Despite a decline in the overall market, Samsung’s mobile phone business generated revenue of ?70,292 crore, surpassing Hindustan Unilever and ITC. The company’s success has been attributed to its premium smartphone models, financing scheme, and focus on the mid-segment…
• IKEA posts 5.7% growth, reinforces commitment to sustainable living
  13 Oct 2023, retail.economictimes.indiatimes.com
  The furniture retail giant has seen a 7% increase in store visitation and online sales, accounting for 26% of total sales, compared to 25% in the previous fiscal year. These gains are due to expanding their home furnishing inspiration offerings and investing heavily in digitalization…
• Festive season brings USD 13 bn opportunity for e-tailers, non-metro sellers get more Diwali orders: Report
  13 Oct 2023, retail.economictimes.indiatimes.com
  Shiprocket estimates the Indian e-commerce opportunity will be at a staggering USD 13-billion for the Indian MSMEs during the festive season, it said. Observing that as much as 56 per cent of its order volume originates from non-metro cities, the platform said this underscores the rapid adoption of online shopping and digital transactions in smaller towns and rural areas…
• Narayana Murthy’s Catamaran Venture buys 1.12% stake in Gokaldas Exports
  13 Oct 2023, moneycontrol.com
  Gokaldas Exports is one of the largest manufacturer and exporter of apparels in India, with annual turnover of $200 million…
• LVMH-backed Moet Hennessy enters still wines segment
  13 Oct 2023, retail.economictimes.indiatimes.com
  Moet Hennessy India, part of LVMH, has launched Chandon Aurva, a still wine, in India. The move is aimed at expanding the company’s wine portfolio in the country while maintaining a focus on authenticity and quality. Priced at Rs 4,250, Chandon Aurva will initially be available in select upscale retail stores and later extended to other markets…
• Uniqlo owner Fast Retailing posts 28% rise in full-year profit
  13 Oct 2023, retail.economictimes.indiatimes.com
  Operating profit is expected to rise to 450 billion yen next fiscal year, the company said. ($1 = 149.1300 yen)…
• Tata Starbucks opens its first island store in Alibaug
  13 Oct 2023, retail.economictimes.indiatimes.com
  The new customized store is aimed to introduce its Arabica coffees to local customers and meet the demand from global travelers to the city…
• Heady growth of desi brands: The rise of India’s single-malt industry
  13 Oct 2023, retail.economictimes.indiatimes.com
  Indian-distilled single malt whiskey is giving tough competition to popular Scottish brands in India’s whiskey market. Indian single malt brands have seen significant growth, with sales increasing by 2.4% in 2022. The climate in India allows whiskey to mature faster, but international standards require a three-year maturity period. Indian makers argue that they would lose more than one-third of the whiskey due to evaporation and heat. Indian brands face hurdles related to manufacturing capacity, distribution, and advertising restrictions…
• D2C Ayurveda brand Kapiva appoints Dr. R Govindarajan as its new chief innovation officer
  13 Oct 2023, retail.economictimes.indiatimes.com
  Ameve Sharma, Co-Founder of Kapiva said, “Under Dr. Govind’s leadership, we foresee taking significant strides in crafting products that are highly efficacious and will enable us to compete alongside conventional medical practices. Every step we take in our R&D initiatives brings us closer to reshaping the healthcare standards.”..
• Retail India News: House of Armuse Expands Its Ethereal Ethnic and Bridal Couture to Mumbai
  13 Oct 2023, indianretailer.com
  House of Armuse, a renowned name in the domain of ethnic and bridal couture, is elated to announce its foray into the dynamic city of Mumbai. Having already cemented its status as a beloved brand in Jaipur and successfully inaugurated a store in Delhi, House of Armuse is now poised to captivate the fashion connoisseurs of Mumbai with its collections that seamlessly meld traditional grace with contemporary elegance…
• Top 5 Gifting Brands to Elevate This Festive Season
  13 Oct 2023, indianretailer.com
  As the festive season approaches, the gifting industry prepares to flourish, catering to the ever-increasing demand for thoughtfully curated presents. This period, which includes holidays, special occasions, and celebrations, represents a significant economic opportunity for both traditional and e-commerce retailers. With the gift-giving culture evolving and consumers seeking unique, high-quality offerings, brands have been challenged to stand out in an increasingly competitive market…
• 4 Kickass Sneakers to Kickoff the Festive Season
  13 Oct 2023, indianretailer.com
  As the festive season approaches, it’s time to elevate your style game with an exclusive selection of must-have footwear. In India, where shoes are not just a necessity but a crucial fashion statement, the footwear market has reached unprecedented heights…
• Retail India News: Tech Giant Acer Enters Indian EV Market with MUVI-125-4G E-Scooter
  13 Oct 2023, indianretailer.com
  The electric vehicle (EV) landscape is experiencing a surge in growth as companies introduce innovative solutions for sustainable transportation. Acer, the renowned Taiwanese tech giant traditionally associated with computers and accessories, has unexpectedly entered this market. During the ongoing e-mobility expo in Greater Noida, Acer unveiled its e-scooter model, the MUVI-125-4G. This marks Acer’s foray into the EV sector, and the MUVI-125-4G is the first EV model released under the Acer brand tailored specifically for the Indian market…
• From India with Love: Etsy’s Unique Treasures Go Global
  13 Oct 2023, indianretailer.com
  As the vibrant colors of India’s festive season unfurl and the air resonates with the joyous celebrations, the onset of this cherished time of the year brings forth not only cultural richness but also a burgeoning market demand for unique and culturally resonant products…
• Retail India News: Swarovski and Rosenthal Unveil the Expanded Signum Collection at Salone del Mobile
  13 Oct 2023, indianretailer.com
  In the preceding year, Swarovski introduced the exquisite Signum Collection at Salone del Mobile in Milan, a collaboration with the world-renowned porcelain artisan, Rosenthal. Crafted under the artistic vision of Swarovski’s Creative Director, Giovanna Engelbert, and meticulously developed in conjunction with Rosenthal’s porcelain experts, each piece has been thoughtfully designed to celebrate moments of delight and to demonstrate the craftsmanship of these two innovative brands…
• Retail India News: Sunpure Expands Product Portfolio with Sunpure Multigrain Atta
  13 Oct 2023, indianretailer.com
  Sunpure, the largest edible oil brand in South India, has proudly introduced Sunpure Multigrain Atta. With the United Nations designating 2023 as the International Year of Millets, the Mysuru-based company eagerly aims to make the nutritional benefits of these superfoods easily accessible to a broader Indian audience…
• Retail India News: Centuary Mattress Reaffirms Partnership with PAD Integrated Marketing for Strategic Branding
  13 Oct 2023, indianretailer.com
  Centuary Mattress, a prominent player in India’s bedding industry, has once again selected PAD Integrated Marketing and Communications as its trusted creative agency partner. This renewal marks the second consecutive year of collaboration between these two industry leaders, underscoring their unwavering commitment to shaping the brand’s overall strategy, planning, and creative content requirements across both online and offline retail platforms…
• Retail India News: Understorey: Redefining Opulence in Indian Hand-Knotted Rugs
  13 Oct 2023, indianretailer.com
  Understorey, a leading luxury rug brand in India, is poised to step into the spotlight, poised to redefine the rug industry with a commitment to precision craftsmanship and cutting-edge research and development. This brand is destined to become the preferred choice for discerning homeowners who appreciate the finer aspects of interior décor…
• Retail India News: Provenance Unveils Revamped Gourmet Gift Boutique and Café in Mumbai
  13 Oct 2023, indianretailer.com
  Provenance, the meticulously curated library of fine foods and gifts, has shifted its focus to emerging brands and artisans from India and beyond. The brand has reimagined its gourmet gift boutique and café, strategically situated in Palladium Mall, Mumbai, just in time for the approaching festive season…
• Retail India News: MahaÌ„sa Ghar Introduces 3D Premium Lifestyle Collective
  13 Oct 2023, indianretailer.com
  MahaÌ„sa Ghar is poised to revolutionize the shopping experience with the launch of its website on October 22. Founded by visionary entrepreneur Kanishka Tripathi, MahaÌ„sa Ghar envisions an interactive and utopian approach to shopping, heralding a transformative shift in the online retail journey. The platform is dedicated to promoting ethicality, rekindling a connection to heritage, and reshaping home living for discerning consumers in India…
• Dressing Champions: Blackberrys Joins Hands with PCI for Asian Para Games
  13 Oct 2023, indianretailer.com
  Blackberrys, the Indian-born fashion brand, has been setting trends and dressing men to help them present their best selves for over three decades. The self-made brand holds itself to international standards. As the country experiences tremendous growth and boundless opportunities, the brand is committed to being an integral part of the new India story. As part of its growth strategy, Blackberrys joined hands with the Paralympic Committee of India (PCI) as the “Official Ceremonial Partner” for the upcoming fourth Asian Para Games to be held in Hangzhou, China later this month…
• Retail India News: Indulgeo Essentials Unveils Pept-Eye Biocellulose Under Eye Patches
  13 Oct 2023, indianretailer.com
  Indulgeo Essentials is pleased to unveil the Pept-Eye Biocellulose Under Eye Patches. This groundbreaking addition to the Indulgeo Essentials product line promises a transformative experience for the under-eye area, ensuring a lasting, smooth, and radiant appearance…
• Retail India News: Carat Crush Expands Product Portfolio with Vital Collection
  13 Oct 2023, indianretailer.com
  In adherence to its namesake, the Vital Collection by Carat Crush stands as an indispensable addition to any woman’s wardrobe, redefining the traditional perception of diamonds exclusively for special occasions. The new Vital Collection from Carat Crush reimagines fine jewelry as a daily luxury experience. Each piece is meticulously crafted with 18kt gold and adorned with exquisite natural diamonds, ensuring a remarkable combination of elegance and quality. To cater to diverse tastes, these pieces are available in white, yellow, or rose gold, accentuating the collection’s inclusivity in metal color preferences…
• Ramee Group of Hotels Appoints Amit Ambre as General Manager
  13 Oct 2023, restaurant.indianretailer.com
  As the General Manager of Pre-Opening and Operations for Managed Hotels, Ambre will be responsible for overseeing all aspects of pre-opening of all new hotels under Management contract in India and also support operations for these hotels…
• Grand Hyatt Gurgaon Launches its Authentic Italian Restaurant – Cena Pranzo
  13 Oct 2023, restaurant.indianretailer.com
  “Cena Pranzo is an embodiment of my love for Italy’s culinary traditions. It’s a privilege to share the simple yet profound flavors of my homeland with our guests. Each dish is a heartfelt tribute to the soul of Italy,” shared chef Ferrari…
• How POS Systems Are Redefining Indian Restaurants to Go from Paper to Pixels
  13 Oct 2023, restaurant.indianretailer.com
  Enhanced customer experiences are another hallmark of POS system adoption. These restaurants can now offer quicker service, accurate orders, and diverse payment options, thereby creating a dining experience that fosters customer loyalty…
• Retail India News: Radisson Hotel Group Unveils Palchan Hotel and Spa in Manali, India
  13 Oct 2023, indianretailer.com
  Radisson Hotel Group is delighted to announce the grand opening of Palchan Hotel and Spa, a distinguished member of Radisson Individual Retreats, nestled in the scenic landscapes of Manali. This retreat offers an unmatched opportunity for guests to reconnect with nature, surrounded by lush green valleys and tranquil waterfalls within the majestic Himalayan range…
• Annapurna Swadisht’s New Joint MD GP Sah to Lead Biscuit and Noodles Biz Expansion
  13 Oct 2023, indianretailer.com
  Kolkata’s Annapurna Swadisht Ltd, a company specializing in packaged snacks, food and beverages, recently welcomed GP Sah (Gajanan Prasad Sah Kalwar) as an Additional Director and Joint Managing Director…
• Retail India News: Sunpure Expands Product Portfolio with Sunpure Multigrain Atta
  13 Oct 2023, indianretailer.com
  Sunpure, the largest edible oil brand in South India, has proudly introduced Sunpure Multigrain Atta. With the United Nations designating 2023 as the International Year of Millets, the Mysuru-based company eagerly aims to make the nutritional benefits of these superfoods easily accessible to a broader Indian audience…
• Retail India News: Provenance Unveils Revamped Gourmet Gift Boutique and Café in Mumbai
  13 Oct 2023, indianretailer.com
  Provenance, the meticulously curated library of fine foods and gifts, has shifted its focus to emerging brands and artisans from India and beyond. The brand has reimagined its gourmet gift boutique and café, strategically situated in Palladium Mall, Mumbai, just in time for the approaching festive season…
• Pacific Group Opens The Mall of Faridabad
  12 Oct 2023, rprealtyplus.com
  Pacific Group, a renowned name in the retail industry, is thrilled to announce the grand opening of “The Mall of Faridabad”, entering the Faridabad market for the first time. As the largest shopping destination in Faridabad, this mall promises to redefine the shopping experience and elevate it to new heights, with a prolific retail portfolio, as well as multiple F&B and entertainment options…
• IKEA Focus On Strengthening Presence In B2B Segment
  12 Oct 2023, rprealtyplus.com
  Swedish furniture retailer Ikea is betting big on its B2B business, on the back of rapid urbanisation and growing demand for branded solutions. The company is sharply focussing on strengthening its presence in the B2B segment, which offers solutions to real estate players, educational institutions, hotels and offices…
• MTR owner Orkla reorganizes India business into 3 units
  12 Oct 2023, retail.economictimes.indiatimes.com
  Sharma said, “Each of our business units is at a different stage of evolution, and under one umbrella of Orkla India, we will have a deep dedicated focus to accelerate their growth…
• Dunzo exits continue amid rejig: After co-founder, now head of finance leaves cash-strapped startup
  12 Oct 2023, retail.economictimes.indiatimes.com
  Cash-strapped Dunzo saw yet another top level exit on Wednesday amid an extensive restructuring bid. Finance head Sudarshan N quit the company after a chequered year at the helm – mere weeks after the resignation of co-founder Dalvir Suri. The developments come at a time when the Reliance Retail and Google-backed company has delayed salaries, missed repayment deadlines and even faces multiple lawsuits…
• Urban Company launches water purifier range; to be available via third-party retailers
  12 Oct 2023, retail.economictimes.indiatimes.com
  ​​The Gurgaon-based company has been working on introducing its own line of consumer products for almost two years now, and is currently experimenting with smart locks…
• The Baker’s Dozen to increase revenue share of smaller packs from 10 pc to 30 pc
  12 Oct 2023, retail.economictimes.indiatimes.com
  The brand, which has a presence in categories like bread, cakes, cookies, baked snacks, and rusks, offers 50 SKUs…
• Kitchen staples may not pinch in festive season
  12 Oct 2023, retail.economictimes.indiatimes.com
  Food inflation, though high, has started to cool off from recent highs, after the government took a series of measures such as imposing export restrictions and stock holding limits, as well as offloading wheat, rice, chana and onions in the local market to augur supplies and tame prices…
• D2C menswear brand DaMENSCH aims to open 100 stores by the end of 2024
  12 Oct 2023, retail.economictimes.indiatimes.com
  The brand said it is catering to slow fashion demands, and encourages consumers to stock their wardrobes with clothes that can be used multiple times, thereby advocating a sense of sustainable clothing…
• Inflation could affect festive sales of some FMCG items: CEO of MTR Foods owner Orkla India
  12 Oct 2023, retail.economictimes.indiatimes.com
  FMCG companies are banking on the October-December quarter for recovery in demand, after a muted September, which saw low to mid-single digit growth, as rural demand was impacted by elevated food prices and below-average rainfall, according to quarterly updates last week by Marico, Dabur and Godrej Consumer Products. The festive season has shifted entirely to the third quarter this year, and will be crucial to revive the sector…
• Chivas Brothers targets India’s Whisky boom with premium global brands
  12 Oct 2023, thehindubusinessline.com
  India with its growing whiskey consumer base can potentially be the largest market for Chivas Brothers Chivas Brothers, the scotch whisky arm of French alco-bev major Pernod Ricard plans to introduce premium and super-premium brands from its global portfolio in India…
• Ninjacart expands operations to offer marketplace for farmers and traders
  12 Oct 2023, retail.economictimes.indiatimes.com
  Ninjacart is aiming to post revenue of more than Rs 2,500 crore in fiscal 2024, compared with about Rs 1,212.5 crore that it made in the last fiscal year ended March 2023, CEO Kartheeswaran KK told ET in an interview…
• Ambience Malls is geared up for a glamorous festive season with top-notch beauty and wellness brands
  12 Oct 2023, retail.economictimes.indiatimes.com
  It’s finally that time of the year when the winds change, and the hustle-bustle of the festivities ring upon us. From the scrumptious aroma of sweets to the enchanting fragrance of fresh flowers around the town, fam jams, a runway of outfits and enigmatic looks – the festive season will be in full swing in a couple of weeks. And this season is a high time to bring your A-game to the table to look the absolute best. While welcoming the party season with open arms, most of us spend a lot of time picking up the perfect outfits, skincare, as well as makeup, focusing on the intricacies of details and elements. In case you feel the time is running out and want a one-stop shop for all your needs, Ambience Malls & a host of shopping outlets are here to ensure that you look your best when you step out for festivities this season…
• SPPL further strengthens its partnership with Thomson in India by foraying into the laptop category
  12 Oct 2023, retail.economictimes.indiatimes.com
  The company is planning to launch 6-8 SKUs of laptops in 3 segments – entry-level starting from Rs 20,000, mid-segment starting from Rs 35,000, and premium segment starting from Rs 60,000…
• Indian brands help grow entry-level TWS segment as global shipments slip
  12 Oct 2023, retail.economictimes.indiatimes.com
  According to a report by Counterpoint Research, Indian TWS earphone brands like Boat, Boult Audio, and Noise have helped increase sales of entry-level devices, while global shipments have declined. The demand for affordable TWS devices (less than $50) has increased, with a 15% YoY sales growth in the first half of 2023…
• Samsung flags 78% drop in Q3 profit as chip losses extend
  12 Oct 2023, retail.economictimes.indiatimes.com
  The world’s largest memory chip and smartphone maker estimated its operating profit fell to 2.4 trillion won ($1.79 billion) in July-September, from 10.85 trillion won a year earlier in a short preliminary earnings statement…
• As US holiday shopping season nears, retailers importing like it is 2019
  12 Oct 2023, retail.economictimes.indiatimes.com
  As consumer patterns are getting stabilised and normalised in the US, retailers in the country are ordering goods at a pre-pandemic level…
• D’Decor to expand manufacturing and warehousing capacity
  12 Oct 2023, retail.economictimes.indiatimes.com
  “By adding new manufacturing and warehousing capacity, we expect our domestic sales and exports to grow by 50 per cent,” Sanjay Arora, managing director, D’Decor said…
• Flash Folk creates buzz as city shopping malls catch up trend
  12 Oct 2023, thehansindia.com
  What makes this initiative truly exceptional is its ability to transcend geographical boundaries. When shoppers and art enthusiasts engage with our efforts, they become vital links in a chain that can connect and share these cultural treasures through various social media platforms..
• Same-day deliveries fueling India’s retail revolution
  12 Oct 2023, financialexpress.com
  According to Invespcro, a staggering 80 per cent of shoppers in India desire same-day shipping, with 61 per cent expressing the desire for even faster deliveries, within 1-3 hours of placing an order…
• Indian Alcohol Beverage Industry Set to Sip Success with 8-10 pc Revenue Growth in FY2024
  12 Oct 2023, indianretailer.com
  The Indian alcoholic beverages industry is set to experience a margin contraction in the fiscal year 2024 (FY2024), despite a consistent demand. According to ICRA, the industry is expected to witness an 8-10 percent increase in revenues in FY2024, primarily driven by higher sales volumes and improvements in the product mix. However, the industry’s operating profit margin (OPM) is projected to shrink by approximately 90-140 basis points in FY2024 due to rising input costs, especially concerning grain prices and packaging materials…
• Retail India News: MorLuxury Set to Redefine Indian Beauty Market with Premium American Brands
  12 Oct 2023, indianretailer.com
  MorLuxury, a distinguished US-based beauty e-commerce platform, is on the brink of an exciting entry into the thriving Indian beauty market. In a strategic move to reshape the landscape of beauty in India, MorLuxury is unveiling a meticulously curated assortment of premium American beauty, cosmetics, skincare, and haircare brands, purposefully selected to captivate beauty enthusiasts nationwide. MorLuxury is poised to become the ultimate destination for discerning Indian consumers in search of emerging American indie beauty brands…
• Retail India News: Amazon India Achieves Record-Breaking 48-Hour Shopping Event
  12 Oct 2023, indianretailer.com
  Amazon India recently marked an unprecedented milestone by hosting the largest-ever 48-hour shopping extravaganza, welcoming an astounding 9.5 crore customer visits. Notably, the event saw an astonishing 18-fold surge in Prime members’ shopping activities within the first 24 hours, surpassing all previous records…
• Retail India News: Wacoal India Joins Forces with CPAA for #WacoalKnowsBreast Initiative in 2023
  12 Oct 2023, indianretailer.com
  Wacoal India, the Japanese premium lingerie brand, recently reaffirmed its dedication to breast cancer awareness through the #WacoalKnowsBreast initiative, in collaboration with the Cancer Patients Aid Association (CPAA), a non-profit organization committed to raising cancer awareness and offering comprehensive support to patients through its distinctive ‘Total Management of Cancer’ philosophy. In its second collaborative effort with CPAA in 2023, Wacoal India renewed its steadfast commitment to this pivotal cause and vows to uphold this partnership for years to come…
• Retail India News: Popstar King’s Blanko Unveils Time-Lock Perfumes
  12 Oct 2023, indianretailer.com
  Blanko, the personal brand by the Popstar King, powered by Raj Shamani’s House of X, unveiled a pioneering line of perfumes integrated with innovative time-lock technology. This groundbreaking release is accompanied by the launch of an engaging digital campaign titled ‘Win Every Room That You Walk In…
• Retail India News: DaMENSCH Goes from 0 to 25 Exclusive Stores in 12 Months – A D2C Triumph!
  12 Oct 2023, indianretailer.com
  In a remarkable achievement, India’s fastest-growing direct-to-consumer (D2C) essential menswear brand, DaMENSCH, unveiled a network of 25 exclusive retail stores across the country. This accomplishment positions the brand as the sole homegrown innerwear brand to establish such an extensive offline retail presence within a mere 12 months. As the leading D2C innerwear-first brand to soar past the INR 100 crore revenue mark, DaMENSCH is strategically focusing on the inauguration of exclusive retail outlets in prominent cities, including Delhi-NCR, Pune, Mumbai, Hyderabad, and Bengaluru…
• Retail India News: Hancock Reveals Men’s Party Wear Collection in Anticipation of the Festive Season
  12 Oct 2023, indianretailer.com
  Hancock, a versatile fashion brand, introduced its Party Wear Collection for men in time for the upcoming festive season. This collection is all about celebrating in style, offering men the perfect attire to leave a lasting impression at every special occasion…
• Retail India News: Levi’s and Emma Chamberlain Pay Homage to Northern California Nature and Thrift Store with New Collection
  12 Oct 2023, indianretailer.com
  Internet sensation Emma Chamberlain, has unveiled her latest venture, a collaborative effort with Levi’s. Emma, who traces her roots to the scenic landscapes of Northern California, has partnered with Levi’s, a brand that has called this region home since its inception in 1853, to craft a collection inspired by the natural wonders of their shared hometown. The result is a versatile and nostalgic Levi’s x Emma Chamberlain collection, featuring six effortless pieces paying homage to nature, which draws creative inspiration from Emma’s favorite thrift store discoveries…
• Netcore: Transforming Legacy Email into a Global MarTech Powerhouse
  12 Oct 2023, indianretailer.com
  In a rapidly evolving tech landscape, companies must adapt to stay relevant. Netcore, once known as a legacy email company, successfully transformed itself into a global MarTech leader by rebranding and focusing on customer-centricity, continual partnerships, and product innovation. Praveen Sridhar, VP – Growth & Special Projects speaks to Indian Retailer about the phenomenal growth journey – from its roots in India to the global MarTech space, the company’s unique strategies for growth, technological innovations, and long-term goals…
• [Funding Alert] Bagzone Lifestyles Secures $9 Mn Investment from First Bridge India Growth Fund
  12 Oct 2023, indianretailer.com
  Bagzone Lifestyles Pvt. Ltd., the parent company of India’s prominent fashion accessories brand, Lavie, has announced a significant financial milestone with a substantial $9 million investment from the First Bridge India Growth Fund. This strategic partnership signifies a crucial step in Bagzone’s journey to establish itself as a household name and solidify its position as a leader in the fashion accessories industry…
• Retail India News: Absolut Unveils Limited-Edition Embracing the Essence of India’s Youth
  12 Oct 2023, indianretailer.com
  Absolut, known for its commitment to creative and purpose-driven cultural endeavors, has partnered with multidisciplinary artist Osheen Siva to introduce a striking limited-edition bottle in 2023. This innovative campaign celebrates the diverse identities shaping India’s youth, embracing inclusivity and optimism for the future…
• Sustainability: How Leading Brands Across Industries Embrace a Greener Future
  12 Oct 2023, irecwire.indianretailer.com
  A Unilever report states that brands actively promoting their sustainability efforts have grown 46 percent faster than those that don’t…
• HRAWI Hosts FSSAI’s FOSTAC Programs in Mumbai & Matheran
  12 Oct 2023, restaurant.indianretailer.com
  The FoSTaC training program underscores the industry’s dedication to catering to the needs of health-conscious consumers who prioritize food safety. ..
• Impresario Promotes Divya Aggarwal to Chief Growth Officer in Senior Leadership Expansion
  12 Oct 2023, restaurant.indianretailer.com
  Divya will be responsible for overseeing the marketing and communications strategies as well as driving growth initiatives for all of Impresario’s brands…
• Novotel Pune Forays into ‘Novolution’ Premier Rooms
  12 Oct 2023, restaurant.indianretailer.com
  Novotel has a presence in more than 60 countries with a network of over 530 establishments, is affiliated with Accor, a global hospitality encompassing in excess of 5,200 properties and 10,000 dining venues across 110 nations…
• Pan-Asian Restaurant Po opens in Delhi
  12 Oct 2023, restaurant.indianretailer.com
  This expansion is inspired by the idea of creating an Asian counterpart to Yeti, akin to the dynamic characters in the Kung Fu Panda universe…
• Retail India News: Absolut Unveils Limited-Edition Embracing the Essence of India’s Youth
  12 Oct 2023, indianretailer.com
  Absolut, known for its commitment to creative and purpose-driven cultural endeavors, has partnered with multidisciplinary artist Osheen Siva to introduce a striking limited-edition bottle in 2023. This innovative campaign celebrates the diverse identities shaping India’s youth, embracing inclusivity and optimism for the future…
• Reliance Retail set to take its ethnic handicrafts brand Swadesh abroad
  11 Oct 2023, retail.economictimes.indiatimes.com
  The retail arm of Reliance Industries is in talks with local and global high-end designers and artisans to form strategic partnerships for ethnic handicrafts, fusion clothing, jewellery, blue pottery, silverware, home decor, and carpets among others, the executives said requesting anonymity…
• Zepto aims for Rs 10,000-crore sales in coming months: CEO Aadit Palicha
  11 Oct 2023, retail.economictimes.indiatimes.com
  The 2021-founded startup is also looking to turn profitable in the next 10-12 months and go public thereafter, Palicha, who is all of 21, added…
• Medimix soap maker Cholayil plans to raise Rs 450 crore, dilute holding
  11 Oct 2023, retail.economictimes.indiatimes.com
  The Pradeep Cholayil-led company, which has a presence mainly in the North Indian markets, is likely to dilute an about 20-25% stake in its first fundraising round, people aware of the development said. The 54-year-old Medimix brand is one of the top-selling soap brands in Maharashtra, where it has close to a 10% market share…
• Cloudtail India FY23 revenue plummets 84% as firm stops selling on Amazon marketplace
  11 Oct 2023, retail.economictimes.indiatimes.com
  The parent company of Cloudtail India has been renamed — from Prione Business Services to Amazon Smart Commerce Solutions. Last year, Amazon became a full owner of Prione after acquiring a 76% stake from Infosys founder NR Narayana Murthy’s Catamaran Ventures…
• Flipkart suspends grocery services amid Big Billion Days rush
  11 Oct 2023, retail.economictimes.indiatimes.com
  Flipkart, the Indian ecommerce platform, had to suspend its grocery delivery services during its annual ‘Big Billion Days’ festive sale due to overwhelming demand. The platform experienced an outage as users flooded the app and website. The annual festive sale began on October 8th, with other platforms such as Amazon and Myntra also offering early access to members…
• Pepsico logs double-digit beverage growth in India in July-Sept
  11 Oct 2023, retail.economictimes.indiatimes.com
  PepsiCo’s Indian business saw a double-digit growth in beverage unit volumes in Q3 2023, while its convenient foods business experienced a decline in unit volume. The company’s net revenue in the Africa, Middle East, South Asia division also decreased, primarily due to the weakening of the Egyptian pound and a net organic volume decline…
• The Sleep Company targets Rs 500 crore revenue in FY24; looks to open 250-300 stores in next 3 years
  11 Oct 2023, retail.economictimes.indiatimes.com
  Backed by Fireside Ventures and Premji Invest with 20 per cent stake each, The Sleep Company is planning to open 250-300 stores across the country in the next 3 years and has set ambitious goals to reach Rs 1,000 crore over the next 2-3 years…
• Non-metros dominate online festival sale across Amazon, Meesho, Flipkart
  11 Oct 2023, retail.economictimes.indiatimes.com
  Amazon said over 80 per cent of customers on its platform came from non-metro cities during the initial days of its festive sale “Great Indian Festival”. Flipkart claimed 9.1 crore visits on Day 1 of The Big Billion Days (TBBD) while Amazon registered 9.5 crore customer visits in the first 48 hours…
• Food delivery segment seen growing 10% sequentially in July-September period: UBS
  11 Oct 2023, rprealtyplus.com
  This comes as a shot in the arm for Zomato and Swiggy, the segment’s duopolists, given the seasonally weak nature of the quarter…
• Ferrero India strengthens play in ‘snack’ segment, expands Kinder portfolio
  11 Oct 2023, thehindubusinessline.com
  India is one of the important markets for Ferrero globally Ferrero India has expanded its sweet packaged foods portfolio under the brand Kinder, which contributes a large chunk to its overall revenues. The company on Tuesday launched Kinder Shoko-Bons Crispy which also marks its foray in the fast-growing snacking category…
• retail.economictimes.indiatimes
  11 Oct 2023, retail.economictimes.indiatimes.com
  “Investing in Greto is not just about endorsing a brand; it is about supporting a vision. My decision to join Greto as a promoter and investor is rooted in a shared commitment to excellence and a passion for innovation, as I believe in the power of unforgettable experiences. I look forward to being a part of Greto’s exciting future and to witnessing the positive impact it will have on the world of food and beverages,” commented Singh…
• E-commerce Faces Challenge as Indian Malls Welcome 24 Global Brands
  11 Oct 2023, punekarnews.in
  National, October 09: Demonstrating remarkable resilience, India’s shopping centers are carving out a distinctive niche in the retail landscape by embracing 24 global brands, even as the e-commerce sector expands exponentially. These retail destinations, located in cities like Mumbai, Delhi NCR, Bengaluru, Hyderabad, and Chennai, have emerged as lively hubs for both retail therapy and community engagement…
• Retail India News: Zariin Jewelry Embarks on a New Chapter with Flagship Store Launch in DhanMill
  11 Oct 2023, indianretailer.com
  Zariin Jewelry, known for its impeccable craftsmanship and enduring designs, proudly inaugurated its flagship store in DhanMill, marking a significant milestone in the brand’s 13-year journey…
• Retail India News: Godrej Interio Expands Presence in India’s Education Sector
  11 Oct 2023, indianretailer.com
  Godrej and Boyce, the flagship company of the Godrej Group, proudly announced that its business arm, Godrej Interio, India’s leading furniture solutions brand for both home and institutional segments, has unveiled ambitious plans to strengthen its foothold in the education sector…
• Retail India News: HCCB Collabs with Y4D Foundation to Empower Women in Bihar
  11 Oct 2023, indianretailer.com
  Hindustan Coca-Cola Beverages (HCCB), a leading FMCG company in India, announced at an event its commitment to provide financial and digital literacy training to approximately 2,000 women in Bihar’s Hajipur region. The training will be conducted across five villages: Sultanpur, Jethuli, Karanpura, Mograhi, and Sahdullpur. HCCB has partnered with the Y4D foundation for this initiative, with the aim of addressing the skills gap in financial and technological expertise among women from diverse backgrounds…
• Retail India News: Hancock Unveils Its Exclusive Party Wear Collection for Men Ahead of Festive Season
  11 Oct 2023, indianretailer.com
  Hancock, the versatile fashion brand, is thrilled to introduce its highly anticipated Party Wear Collection for men, just in time for the forthcoming festive season. This captivating collection encapsulates the spirit of celebration, presenting men with the ideal attire to leave a lasting impression at every special event…
• Dabur India Achieves Cloud-First Status, Paving the Path to FMCG Excellence
  11 Oct 2023, indianretailer.com
  Dabur India announced the successful completion of one of the largest and most intricate cloud migrations in the industry. This achievement has catapulted Dabur into the forefront as the inaugural Indian Fast Moving Consumer Goods (FMCG) Cloud-Only Enterprise…
• Retail India News: Being Human Clothing Unveils Women’s Collection with Alizeh as the Face
  11 Oct 2023, indianretailer.com
  Being Human Clothing, renowned for its blend of fashion and philanthropy, introduces its latest Women’s Collection with the captivating Alizeh as its brand ambassador…
• Retail India News: Bisleri’s Vedica Launches Premium Himalayan Sparkling Water
  11 Oct 2023, indianretailer.com
  Bisleri International’s premium beverage brand, Vedica Himalayan Spring Water, is expanding its product line with the introduction of ‘Vedica Himalayan Sparkling Water.’ This new offering, inspired by the pristine beauty of the Himalayas, combines effervescence with a perfectly balanced mineral composition to deliver a refreshing experience…
• Retail India News: HyugaLife Unveils Vito: A Health Supplement Brand for India’s Busy Millennials
  11 Oct 2023, indianretailer.com
  HyugaLife, a leading health and wellness platform, backed by endorsements from celebrities Katrina Kaif and KL Rahul, has introduced Vito, an innovative health supplement brand tailored for the generation often challenged by time constraints when it comes to prioritizing their health…
• {D2C 100} How The Sleep Company Unlocked the Power of Quality Sleep with SmartGRID
  11 Oct 2023, indianretailer.com
  Founded in 2019 by Priyanka Salot and Harshil Salot, with their visionary approach and commitment to providing exceptional sleep experiences, The Sleep Company has achieved remarkable success within a short span of time. Offering innovative sleep solutions powered by their patented SmartGRID technology, the brand is transforming the way people rest and rejuvenate…
• Health-Conscious Home-grown Brands Blossom into Cafes Amid Soaring Demand
  11 Oct 2023, irecwire.indianretailer.com
  The foundation of Millets of Mewar’s culinary prowess lies in the meticulous selection of locally-sourced, raw, vegan, and exceptionally fresh ingredients…
• Costa Coffee Opens 150th Store in New Delhi
  11 Oct 2023, restaurant.indianretailer.com
  Brand’s ongoing objective is to establish new outlets in the top 8-10 cities in India, with a particular focus on specialized locations such as airports, highways, and healthcare facilities…
• Monkey Bar Returns to Bengaluru; Partners with Silverback Ventures LLP
  11 Oct 2023, restaurant.indianretailer.com
  Olive Group of Restaurants has partnered with Tushar Fernandes and Nikhil Chittiappa of Silverback Ventures LLP to begin this new chapter of Monkey Bar…
• Godrej Yummiez and IRCTC Collaborate to Serve Millet Patties on Rajdhani and August Kranti Trains
  11 Oct 2023, restaurant.indianretailer.com
  The collaboration between Godrej Yummiez and IRCTC aims to raise awareness about millets, highlighting their importance even within the extensive railway network…
• India’s only Smart Foodcourt – EatSure Launches 2nd Store in Pune
  11 Oct 2023, restaurant.indianretailer.com
  The foodcourt will offer 15+ iconic brands across food categories under a single roof. Located near Balewadi High Street, this unique store is spread across 1000 sq ft, offering a complete digital customer experience…
• Mackly Launches Exciting ‘PAW Patrol’ Kids’ Wear Collection in Collaboration with Viacom18
  11 Oct 2023, indianretailer.com
  Mackly, a leading brand in children’s clothing, achieves another significant milestone by unveiling an appealing ‘PAW Patrol’ collection of kids’ apparel. This exclusive collaboration with Viacom18 Consumer Products, the merchandising arm of a major Indian media conglomerate, underscores Mackly’s dedication to offering a unique blend of comfort and style, taking into account children’s daily routines and fostering their personal growth…
• Fossil and Disney Collaborate to Mark Disney’s 100th Anniversary
  11 Oct 2023, indianretailer.com
  Fossil has announced a special accessories collaboration with Disney to commemorate Disney’s 100th anniversary. The collaboration, inspired by a shared love of creativity and a rich heritage of design, brings together Fossil’s commitment to finding inspiration in every moment and Disney’s iconic legacy. This partnership has resulted in a capsule collection of limited- and special-edition timepieces, leather goods, and jewelry that cater to collectors…
• Campus Activewear Unveils Chunky Sneaker Collection with Sonam Bajwa
  11 Oct 2023, indianretailer.com
  Campus Activewear has consistently delivered products that seamlessly blend functionality with fashion. Now, with the influence of Sonam Bajwa, the brand is embarking on a new journey with the launch of the Chunky sneaker collection…
• Retail India News: Virgio Unveils Upgraded Fashion-Tech Platform, Reinforcing Commitment to Sustainable Fashion
  11 Oct 2023, indianretailer.com
  Virgio, the fashion-tech startup backed by Accel, Prosus, and Alpha Wave, is set to unveil an enhanced version of its platform this week. The brand, known for its fast fashion appeal, is poised to embark on a transformative journey, evolving into a more impactful and influential force in the industry. This development represents a pivotal moment in Virgio’s evolution, where it continues to embrace fashion-forward ideals while offering an elevated customer experience and reinforcing its commitment to circularity and innovation…
• La Pink Welcomes Akanksha Singhal as VP- Marketing and Brand, Strengthens Its Leadership Team
  11 Oct 2023, indianretailer.com
  La Pink, a pioneering skincare brand renowned for introducing India’s first 100 percent microplastic-free formulations, is fortifying its leadership team with the addition of Akanksha Singhal, who has joined as Vice President – Marketing and Brand. Singhal is a seasoned professional with an extensive background spanning over eighteen years in 360-degree marketing, encompassing both the agency and brand sides, with a proven track record of spearheading campaigns that transcend conventional marketing and advertising techniques…
• [Funding Alert] Meolaa Bags $2 mn in Seed Funding to Fuel Sustainable E-Commerce in India
  11 Oct 2023, indianretailer.com
  Meolaa, a digitally-native sustainable consumer products e-commerce platform, proudly announces the successful completion of its seed funding round, securing an impressive $2 million in investments. Turbostart, a leading investor with a strong belief in Meolaa’s mission to transform consumer products into a force for good, led the funding round…
• Swiggy, Zomato operations hit as delivery workers strike in Mumbai
  10 Oct 2023, retail.economictimes.indiatimes.com
  Food delivery workers went on strike in many parts of the city, pressing for a list of demands. The strikes were organised collectively by multiple organisations, including the Shiv Sena-affiliated Rashtriya Karmachari Sena and the Indian Federation of App-based Transport Workers (IFATW), among others…
• Virgio shuts fast fashion business, goes for a pivot after raising $37 million
  10 Oct 2023, retail.economictimes.indiatimes.com
  With about $25 million left in the bank, the firm has been eyeing a pivot for the past few months as the venture failed to gain much traction, several sources aware of the matter told ET…
• ETRetailCafe: Inorbit Malls’ Rajneesh Mahajan on how shopping centres have evolved over the years
  10 Oct 2023, retail.economictimes.indiatimes.com
  Rajneesh Mahajan shares that in the last few years, the size and quality of infrastructure have evolved to a great extent. He said, “As the customer in regular life is exposed to high-quality infrastructure, aspirational products like shopping centres had to match it and go beyond that…
• Pacific Group to double its retail space to 4 mn sq.ft. by 2026
  10 Oct 2023, retail.economictimes.indiatimes.com
  The group, which has been growing 10-15 per cent year-on-year, is opening one mall in Faridabad this month and another mall in Dehradun by the mid of next year…
• BlueStone to use major chunk of Rs 550 cr fundraise for store expansion: CEO
  10 Oct 2023, retail.economictimes.indiatimes.com
  Commenting on the need for rapid fundraising, Kushwaha said, “Our business nature is such that we need to invest in inventory, for which, we need capital. The funds are mainly for balance sheet requirements…not for burning…
• Ecommerce discounts shrink on day three on 30% surge in festive sales
  10 Oct 2023, retail.economictimes.indiatimes.com
  Flipkart and Amazon started their first festive sales – christened Big Billion Days and Great Indian Festival respectively – on October 8 with early access for member customers on October 7…
• Delhi is one of the top-performing cities in fashion and beauty category: report
  10 Oct 2023, retail.economictimes.indiatimes.com
  According to a recent study conducted by Nielsen Media, commissioned by Amazon India, consumers across India are bullish, excited and more eager-than-ever to shop online during this festive season…
• Orill Foods opens new plant near Visakhapatnam with Rs 50 crore investment
  10 Oct 2023, retail.economictimes.indiatimes.com
  Sharing thoughts on the inauguration of the plant, Cherukuri Srinivasa Rao, co-founder and managing director of Orill Foods, said, “With this new facility, we look forward to continue providing our customers the highest-quality ready-to-eat instant chutney products…
• Nykaa anticipates 23% growth in Q2; strong beauty segment performance despite festive season delay
  10 Oct 2023, financialexpress.com
  In the BPC segment, we are factoring in a robust 20% y-o-y growth in NSV for 2QFY24F, which follows a strong 23% y-o-y growth in 1QFY24F…
• Furniture major Ikea bullish on B2B segment in India
  10 Oct 2023, thehindubusinessline.com
  Rapid urbanisation, growing demand for branded solutions helping grow Ikea’s B2B business in the country Swedish furniture retailer Ikea is betting big on its B2B business, on the back of rapid urbanisation and growing demand for branded solutions. The company is sharply focussing on strengthening its presence in the B2B segment, which offers solutions to real estate players, educational institutions, hotels and offices…
• Unlocking Fashion and Beauty Trends: Myntra’s Festive Fervor
  10 Oct 2023, indianretailer.com
  In the world of e-commerce, where convenience and accessibility are paramount, Myntra stands as a shining example of excellence. With its unwavering commitment to serving a diverse and growing customer base, the platform has consistently expanded its reach and offerings to cater to the evolving demands of its users. Myntra’s journey has been nothing short of remarkable, and in its 10th year of festive e-commerce, the platform is gearing up to redefine the way consumers experience fashion, beauty, and lifestyle…
• Retail India News: Campus Activewear Unveils Chunky Sneaker Collection
  10 Oct 2023, indianretailer.com
  Campus Activewear has consistently delivered products that seamlessly blend functionality with fashion. Now, with the influence of Sonam Bajwa, the brand is embarking on a new journey with the launch of the Chunky sneaker collection…
• Retail India News: Fossil and Disney Collaborate to Mark Fossil’s 100th Anniversary
  10 Oct 2023, indianretailer.com
  Fossil has announced a special accessories collaboration with Disney to commemorate Fossil’s 100th anniversary. The collaboration, inspired by a shared love of creativity and a rich heritage of design, brings together Fossil’s commitment to finding inspiration in every moment and Disney’s iconic legacy. This partnership has resulted in a capsule collection of limited- and special-edition timepieces, leather goods, and jewelry that cater to collectors…
• Retail India News: Reliance Jewels Unveils Swarn Banga: A Tribute to Bengal’s Artistic Heritage
  10 Oct 2023, indianretailer.com
  Reliance Jewels, one of India’s most esteemed jewelry brands, has introduced Swarn Banga, an exquisite jewelry collection inspired by the poetic beauty and artistic heritage of Bengal. This collection, which captures the intricacy of the region’s terracotta temples, the serenity of Shanti Niketan, and the fervor of Durga Pujo, marks the 8th installment in Reliance Jewels’ series of thematic jewelry collections inspired by diverse regions of India…
• Retail India News: Suba Group of Hotels Expands its Footprint with the Launch of Click Hotel in Madhya Pradesh
  10 Oct 2023, indianretailer.com
  Suba Group of Hotels has achieved another significant milestone by inaugurating its third hotel, Click Hotel, on October 9, 2023, in Pithampur, Madhya Pradesh. Pithampur is renowned as one of India’s major industrial hubs, a Special Economic Zone (SEZ), and a part of the Indore metropolitan region. It enjoys excellent accessibility by road, rail, and air, with Devi Ahilya Bai International Airport in Indore located less than an hour away from the city…
• Retail India News: Maison by Nirmals Presents Embellished Bedding and Opulent Décor Accents for the Festive Season
  10 Oct 2023, indianretailer.com
  Maison by Nirmals, the latest boutique establishment from Nirmals Furnishings, has unveiled a captivating array of luxury home linens and accessories, featuring an assortment of carefully curated offerings from distinguished international and Indian brands. The newly launched embellished bedding and opulent décor accents are in a league of their own, catering to discerning tastes and perfectly tailored for the upcoming festive season. This collection effortlessly exudes opulence, transforming your living space into a ceremonial haven…
• Retail India News: ORILL FOODS PVT LTD Expands Offline Presence with New Manufacturing Plant in Andhra Pradesh
  09 Oct 2023, indianretailer.com
  ORILL FOODS PVT LTD, a prominent manufacturer specializing in Fried Gram and an extensive range of ready-to-eat instant chutneys, is pleased to announce the inauguration of its cutting-edge manufacturing facility located in Padmanabham village near Visakhapatnam, Andhra Pradesh…
• Retail India News: Sleepyhead Unveils “Play Sofa” and “Tilt Sofa” for Enhanced Living Spaces
  10 Oct 2023, indianretailer.com
  Sleepyhead, a prominent home lifestyle brand known for its comfortable and innovative furniture solutions, has introduced two remarkable creations – the “Play Sofa” and “Tilt Sofa” – accompanied by engaging and unique campaigns. These sofas represent a transformative approach to enhancing living spaces with their extraordinary flexibility and creative design, reflecting Sleepyhead’s dedication to innovation in the sofa category…
• Retail India News: Samsung Unveils the Portable Solid-State Drive (SSD) T9 in India
  10 Oct 2023, indianretailer.com
  Samsung has unveiled its latest external storage solution, the Portable Solid-State Drive (SSD) T9. This cutting-edge device offers storage capacities of up to 4TB, providing rapid data transfer speeds and generous storage capacity, all while ensuring the reliability and convenience that consumers demand…
• 5 Luxury Brands Redefining Home Decor for this Festive Season
  10 Oct 2023, indianretailer.com
  As the festive season approaches, it is time to elevate your home’s décor to match the celebratory spirit in the air. Whether you are looking to revamp your outdoor spaces or add a touch of tradition and sophistication to your interiors, these four luxury brands have got you covered. From innovative outdoor furniture to bespoke soft furnishings and opulent designer décor, these brands are setting the standard for home décor. Join us as we explore their exquisite offerings and discover how you can transform your living spaces into havens of style and comfort…
• [Funding Alert] Pep Bags $2.5 mn in Seed Funding to Revolutionize Content Consumption in India
  10 Oct 2023, indianretailer.com
  Pep has successfully raised $2.5 million in seed funding from prominent investors including India Quotient, Vidit Aatrey, Sanjeev Barnwal (Founders of Meesho), Kunal Shah from Cred, and Farooq Adam from Fynd, among others. Notable participants in the funding round include Parag Bhide, Sambhav Mehrotra, Sridhar Subramanian, Ravindra Yadav, and Sargun Gulati…
• Retail India News: Paytm E-commerce Announces Super Saver Weekend Offers on ONDC Network
  10 Oct 2023, indianretailer.com
  Paytm E-commerce Private Limited (PEPL) has unveiled a range of Super Saver Weekend offers on the Paytm se ONDC Network, providing users with discounts of up to Rs 150 on all products along with free delivery. As a prominent buyer app on the ONDC Network, the company has experienced remarkable growth, now offering over 200 brands across diverse categories…
• Retail India News: Amazon India Kicks Off Amazon Great Indian Festival 2023 with ‘Amazon Xperience Arena’
  10 Oct 2023, indianretailer.com
  Amazon India has announced the commencement of its on-ground engagement event, the ‘Amazon Xperience Arena,’ in Delhi NCR, marking the beginning of the Amazon Great Indian Festival 2023, starting from October 8, 2023, with 24 hours Prime Early Access for Prime members. The ‘Amazon Xperience Arena’ was hosted at the Delhi College of Arts and Commerce, University of Delhi, offering media, influencers, and customers the opportunity to explore their favorite brands and products while engaging in entertaining activities…
• {D2C 100} How The Sleep Company Unlocked the Power of Quality Sleep with SmartGRID
  10 Oct 2023, indianretailer.com
  Founded in 2019 by Priyanka Salot and Harshil Salot, with their visionary approach and commitment to providing exceptional sleep experiences, The Sleep Company has achieved remarkable success within a short span of time. Offering innovative sleep solutions powered by their patented SmartGRID technology, the brand is transforming the way people rest and rejuvenate…
• {D2C 100} How boAt’s Digital-First Approach is Changing the Game
  10 Oct 2023, indianretailer.com
  boAt is a digital-first consumer products company and one of the largest Indian digital-first brands in terms of revenue from operations. The brand has an attractive offering of wide-ranging, high-quality and aspirational lifestyle-focused consumer products at accessible price points, under its brands. Founded in 2013 and led by its flagship brand “boAt”, the brand has established leading market positions in volume and value terms in India across multiple, high-growth consumer categories such as audio and smartwatch…
• India’s only Smart Foodcourt – EatSure Launches 2nd Store in Pune
  10 Oct 2023, restaurant.indianretailer.com
  The foodcourt will offer 15+ iconic brands across food categories under a single roof. Located near Balewadi High Street, this unique store is spread across 1000 sq ft, offering a complete digital customer experience…
• Owners of Moti Mahal Delux to Open ‘Bobachee’ this Winter
  10 Oct 2023, restaurant.indianretailer.com
  As the culinary odyssey unfolds, Yuvraj Kohli, the Managing Director and a third-generation restaurateur, is turning his attention towards future innovation…
• DS Group Invests Rs 500 plus Cr to Expand Hospitality Portfolio
  10 Oct 2023, restaurant.indianretailer.com
  This investment is expected to propel the DS Group’s hospitality segment to achieve a 15% Compound Annual Growth Rate (CAGR) over the next 2-3 years..
• Dearie Restaurant, Bar and Brewery Opens in Noida
  10 Oct 2023, restaurant.indianretailer.com
  Dearie has its array of craft beers which are brewed and aged for a precise duration of 22 days to attain perfection…
• Keventers and Myprotein Join Forces for Butterscotch Whey Protein
  10 Oct 2023, restaurant.indianretailer.com
  The Keventers Butterscotch Whey Protein is offered in two sizes: 500g and 1kg, with price points of Rs. 2,599 and Rs. 4,399, respectively…
• 7 Key Insights from Anjan Chatterjee on Being Global-Indian Restauranteur
  10 Oct 2023, restaurant.indianretailer.com
  In a dynamic industry like food and beverage, continuous innovation is essential to stay ahead of the competition. And, Entrepreneurs must remain passionate, avoid complacency, and stay alert in the ever-evolving restaurant business landscape…
• 8 Key Strategies for Restaurants by Merrill Pereyra, MD, Pizza Hut India
  10 Oct 2023, restaurant.indianretailer.com
  According to Pizza Hut India Sub Continent, Managing Director, Merrill Pereyra, the importance of the three Cs: Consistency, Convenience, and Connection in the food industry is very important…
• India’s only Smart Foodcourt – EatSure Launches 2nd Store in Pune
  10 Oct 2023, restaurant.indianretailer.com
  The foodcourt will offer 15+ iconic brands across food categories under a single roof. Located near Balewadi High Street, this unique store is spread across 1000 sq ft, offering a complete digital customer experience…
• How INNISFREE is Cultivating Beauty from Jeju Island to the World
  10 Oct 2023, indianretailer.com
  In the ever-evolving global beauty industry, INNISFREE stands out as a beacon of natural beauty. With a history dating back to 2000, the brand has journeyed from its roots in the lush landscapes of Jeju Island, South Korea, to becoming a global beauty phenomenon. INNISFREE’s unique focus on harnessing the power of nature has garnered significant attention and appreciation from beauty enthusiasts across the world…
• INSTITUTIONAL INVESTMENTS IN REAL ESTATE RISE 27% YOY
  09 Oct 2023, rprealtyplus.com
  Institutional investments in Indian real estate touched USD4.6 bn during January-September 2023, a 27% YoY increase, highlighting the resilience and attractiveness of the market despite prevailing global challenges…
• PRESTIGE GROUP CLOCKS SALES WORTH RS 7,092 CR IN Q2 FY24
  09 Oct 2023, rprealtyplus.com
  Bengaluru-based listed real estate firm Prestige Group clocked Rs 7092.6 crore in sales, up by 102 percent year-on-year (YoY), in the quarter that ended on September 30, according to a regulatory filing on October 6…
• Jewellery brand Joyalukkas eyes over Rs 17K cr sales in FY24; plans to open 40 new stores
  09 Oct 2023, retail.economictimes.indiatimes.com
  Talking to ETRetail, Joy Alukkas, Chairman and MD, Joyalukkas India said that the jewellery chain is eyeing a 20 per cent YoY growth in its revenue. He added that the company aims to increase its revenue to Rs 17,500 crore from Rs 14,513 crore in FY23. The retailer is eyeing a profit after tax of Rs 1,100 crore this fiscal…
• SPPL eyes to increase its market share in smart TVs segment to 8 pc by FY 2025 end
  09 Oct 2023, retail.economictimes.indiatimes.com
  Last fiscal, the company which clocked Rs 700 crore in revenue, is eyeing to clock Rs 900 crore – Rs 1,000 crore this fiscal and plans to take it to Rs 1,800 crore – Rs 2,000 crore by the next fiscal end…
• FMCG firms see subdued volume growth in Q2; rising food prices & rain deficit hamper rural demand
  09 Oct 2023, retail.economictimes.indiatimes.com
  Over their gross margins, the companies said they expect it to be better sequentially, helped by moderating inflation and easing price growths. This also helped them to go for higher A&P (Advertisements and Promotions) spending…
• Paytm Se ONDC network offers up to Rs 150 discount on all products with free delivery
  09 Oct 2023, retail.economictimes.indiatimes.com
  Paytm E-commerce Private Limited (PEPL) on Sunday announced the Super Saver Weekend offers on ‘Paytm se ONDC Network’…
• Amazon, Flipkart begin festive season war as India looks at Rs 90K cr worth sales
  09 Oct 2023, retail.economictimes.indiatimes.com
  E-commerce giants Amazon, Flipkart, Myntra and others on Sunday began the festive season sales in India which is expected to reach Rs 90,000 crore worth online gross merchandise value (GMV) in the festive month — up 18-20 per cent from last year’s festive month sales…
• De Beers sees 20-25% sales growth this festive season
  09 Oct 2023, financialexpress.com
  In India, De Beers Forevermark has 15 exclusive stores through its retail partners. In this festive season, it will focus on Avaanti collection for boosting sales…
• Lifestyle is the new electronics this sale season
  09 Oct 2023, financialexpress.com
  While electronics remain a perennial hotseller—and this year is no exception—lifestyle products such as beauty and personal care, fashion, home, and general merchandise are fast catching up on e-commerce platforms during the festive sale season…
• Godrej Tyson Foods looks to capture international market with vegetarian frozen snacks
  09 Oct 2023, financialexpress.com
  Godrej Tyson Foods Ltd (GTFL), the company behind the Godrej Yummiez brand, said it plans to increase its the footprint for vegetarian frozen snacks and plans to export it to South East Asian Nations and Australia…
• DLF Hospitality appoints Rachit Dang as AVP of restaurant division
  09 Oct 2023, retail.economictimes.indiatimes.com
  As the assistant vice president, Dang will hold a pivotal role in steering the strategy and operations of multiple DLF restaurants..
• HTech invests Rs 400 cr for Honor brand in India; plans offers of up to Rs 60 cr in festive sale
  09 Oct 2023, retail.economictimes.indiatimes.com
  HTech, a joint venture between PSAV Global and Sheth, is in talks with three contract manufacturers in India to begin local manufacturing of Honor devices by early next year. The company has already invested Rs 400 crore towards setting up operations and distribution channels for the Honor brand in India. HTech aims to sell 50,000 units of the recently launched Honor 90 smartphone during the festive season and is rolling out festive offers worth Rs 60 crore to drive sales…
• Vahdam India to open 8-10 stores in India and 1 overseas
  09 Oct 2023, thehindubusinessline.com
  With its first experience store owned and run by the company, which is located in Delhi, the brand is concentrating on developing a successful playbook and providing an exceptional customer experience: Sarda…
• Keventers and Myprotein Join Forces for Butterscotch Whey Protein
  09 Oct 2023, restaurant.indianretailer.com
  Keventers has teamed up with Myprotein, the online sports nutrition brand, to introduce a new Butterscotch flavored whey protein…
• India largest market within Asia and sixth largest globally: Levi Strauss & Co president Michelle Gass
  07 Oct 2023, retail.economictimes.indiatimes.com
  The company posted a 58% year-on-year increase in net sales in India to Rs 1,154 crore in FY22, as per the latest available filing. However, unlike rivals that report retail sales, Levi’s revenues are not comparable because sales are accounted at wholesale prices to franchise partners…
• Titan Q2 Update: Company sees 20% revenue growth, adds 81 new stores
  07 Oct 2023, retail.economictimes.indiatimes.com
  In the jewellery segment, 19% revenue growth was led by 20% growth in the domestic business and lower primary outgo from India to the international entities (driven by periodic inventory realignment)..
• FMCG consumption showing improvement, says Dabur India
  07 Oct 2023, retail.economictimes.indiatimes.com
  Dabur India expects a mid to high single-digit growth in its consolidated revenue for the July-September quarter. The company predicts a recovery in consumption in both urban and rural markets due to improving macro indicators, government expenditure, and positive consumer sentiment…
• India a priority market for Costa Coffee, to add around 50 stores every year: Global CEO Philippe Schaillee
  07 Oct 2023, retail.economictimes.indiatimes.com
  In India, Costa Coffee is operated through its franchise partner Devyani International Ltd (DIL), which has recently opened its 150th store here. Interestingly, DIL is promoted by RJ Corp Ltd, which is also a promoter of Varun Beverages Ltd (VBL), which is the bottling partner of PepsiCo…
• Domestic D2C market to reach gross merchandise value of USD 35 billion by 2027: Redseer
  07 Oct 2023, retail.economictimes.indiatimes.com
  Among the 3PL players, Delhivery, followed by Bluedart, stands out as the preferred partner by brands looking for superior tech, and quick and reliable delivery across a larger set of pin codes, the report noted. Further players like Shadowfax and Xpressbees are used by brands where low-cost shipping is a primary criterion, with Shadowfax’s reach being more metro-focused…
• Herschel Supply Co and Anne Klein tie up with Apparel group for India entry
  07 Oct 2023, retail.economictimes.indiatimes.com
  US-based Anne Klein and Canada-based Herschel Supply have partnered with Apparel Group, which sells brands such as Aldo and Charles & Keith, for their entry into the Indian market. Initially, their products will be available on the e-commerce platform Myntra, but the company is also looking for space in prominent malls for offline stores…
• Spoyl a part of our long-term game, says Flipkart Fashion VP Sandeep Karwa
  07 Oct 2023, thehindubusinessline.com
  In August, Flipkart launched its app-in-app platform Spoyl, targeting Gen Z shoppers, aged below 26 years, with a focus on value and trend-setting styles, over 40,000 products…
• Kalyan Jewellers to launch 33 more showrooms in India before Diwali
  07 Oct 2023, retail.economictimes.indiatimes.com
  Indian jewellery retailer Kalyan Jewellers plans to open 33 new showrooms in India before Diwali. The company will unveil showrooms in Kalyan and Candere formats across the country. In addition, Kalyan Jewellers signed six letters of intent for franchised showrooms in the south region and five more for showrooms in the Middle East…
• A 5x increase in Indians earning over Rs 5 lakh is driving India’s consumption surge
  07 Oct 2023, retail.economictimes.indiatimes.com
  From 3.8 million in FY12 to 18 million in FY21, individuals in India earning above Rs 5 lakh per annum have surged 5 times, a BNP Paribas analysis of the I-T department’s data has shown…
• Consumer confidence hits 4-year high in Sep
  07 Oct 2023, livemint.com
  New Delhi: Consumer confidence touched a four-year high in September, continuing on its recovery path after a brief pause in July, the Reserve Bank of India (RBI) said…
• Smartphone, TV makers await festive season high
  07 Oct 2023, livemint.com
  New Delhi: Makers of smartphones and televisions expect this year’s festive sales to outshine last year’s, driven by higher consumer demand and the ongoing cricket World Cup. While Xiaomi expects a spike in television sales, premium smartphones, including Apple, are likely to see bumper sales, too…
• CapitaLand Investment India looks to invest SGD 7-8 billion in next 3-4 years
  07 Oct 2023, realty.economictimes.indiatimes.com
  We currently have 22 million sq ft of operational IT Parks in India across several cities and about 7.5 million sq ft of operational industrial logistics. Our goal across both asset classes is to touch over 50 million sq ft in the next 3-4 years, said Sanjeev Dasgupta, CEO, CapitaLand Investment India…
• Malls running without pollution NOCs? DM, Ghaziabad development body told to respond
  07 Oct 2023, realty.economictimes.indiatimes.com
  Among the entities questioned by the green tribunal are Eros and Shipra malls in Indirapuram, Galaxy mall in Sahibabad, Hotel Banquet in Vasundhara, Clarks Inn in Kaushambi, and Vaishali’s Shopprix mall as well as Ansal Plaza, among several others…
• Shopping Centres Next 2023: Indian Retail Real Estate Grows as Global Brands Flock To The Market
  07 Oct 2023, freepressjournal.in
  The physical stores still continue to hold the ground in terms of offering experiential shopping and fostering social connections. And the proof for that is the entry of 24 new global brands into the Indian market including cities like Mumbai, Delhi NCR, Bengaluru, Hyderabad, and Chennai. As of H1 2023, the operational retail space in these cities totals 89 million square feet…
• Malls close to Metro lines become shoppers’ stop
  07 Oct 2023, timesofindia.indiatimes.com
  Malls near Metro stations in Bengaluru are transforming the city’s shopping and lifestyle landscape. The convenience of easy access to public transportation has attracte…
• The changing face of retail: Mall developers ask for flexible leases and experiential shopping
  07 Oct 2023, constructionweekonline.in
  International brands foraying into India have also made a visible impact on consumer preferences The second day of Shopping Centres Next 2023 in Bengaluru, shed light on a critical aspect of the journey of retailers and mall developers – terms of lease agreements, zoning, design and marketing and promotions….
• Retail India News: Pakka Limited Unveils Compostable Flexible Packaging in Collab with Brawny Bear
  07 Oct 2023, indianretailer.com
  Pakka Limited, formerly known as Yash Pakka Limited, a leading manufacturer of compostable packaging solutions, has introduced India’s inaugural compostable flexible packaging in collaboration with Brawny Bear, a nutrition company renowned for creating healthy food products using the natural sweetness of dates. This marks a significant advancement in India’s packaging industry, which boasts a valuation exceeding $70 billion…
• Retail India News: Lee Unveils “Lee: Home of The Real Denim” with Rapper King
  07 Oct 2023, indianretailer.com
  Lee, the iconic denim brand synonymous with durability and style, has announced the launch of its new festive season campaign titled “Lee: Home of The Real Denim.” This campaign features the popular rapper and youth icon, King, with the aim of reinforcing Lee’s position as the ultimate choice for high-quality denim….
• Industry Report: Ecommerce Industry Records 26 pc YoY Order Volume Growth in FY23
  07 Oct 2023, indianretailer.com
  India’s e-commerce industry has recorded an impressive 26.2 percent YoY order volume growth in FY-2023 supported by a 23.5 percent rise in annual GMV (Gross Merchandise Volume) compared to the previous financial year…
• Embracing the Digital Revolution: A Paradigm Shift in FMCG Supply Chain Management
  07 Oct 2023, indianretailer.com
  In the exciting era of technological advancement, the Fast-Moving Consumer Goods (FMCG) sector is undergoing a transformative supply chain revolution. The infusion of digital technologies has ushered in a new era marked by exceptional agility, transparency, resilience, and adaptability within this industry. As a result, businesses in this field are proactively reimagining and reshaping their supply chain strategies to not only adapt but also flourish in this dynamically changing landscape….
• Retail India News: Outdoor Connections Unveils ‘The Fern’ Furniture Range for Elevated Outdoor Living
  07 Oct 2023, indianretailer.com
  Outdoor Connections, a Bengaluru-based bespoke outdoor furniture and décor brand, has unveiled its latest furniture range, aptly named ‘The Fern.’ This exquisite collection is meticulously crafted to elevate your outdoor living experience, combining style, refinement, and superior comfort…
• Mackly on its Quest to Become The Best Kids’ Innerwear and Sleepwear Brand in Asia
  07 Oct 2023, indianretailer.com
  Every brand starts with a practical idea that solves an immediate need in the market. Kids’ inner wear and sleep wear have got a similarly fascinating story to share with Mackly, a Colombo-born kids brand helmed by the visionary Sharmila Srikumar, founder of Mackly Clothing. Available initially on Hopscotch and Myntra, and now across every major e-commerce platform including its own, Mackly.com, the brand was awarded the best emerging e-com brand by Myntra in 2019…
• Retail India News: ITC Engage Elevates Thoughtful Gifting in India with Engage Moments Gift Sets
  07 Oct 2023, indianretailer.com
  In India, the act of gift-giving is deeply ingrained in culture, spanning various traditions and seasons. The essence of a gift truly shines through when it’s carefully chosen to evoke personal emotions and strengthen bonds. This festive season, ITC Engage has introduced the Engage Moments gift set as part of a unique campaign aimed at inspiring a culture of more thoughtful gifting across India…
• Retail India News: Studio by Agni Unveils Earthy Warmth Collection of Hand-Tufted Rugs
  07 Oct 2023, indianretailer.com
  Studio by Agni, a renowned home décor company in India, celebrated for its sustainable and artisanal contemporary rugs, cushions, and accessories inspired by art, culture, and heritage, has launched its latest collection. This exquisite collection introduces striking rugs meticulously designed to capture the essence of earthy warmth…
• Retail India News: Coca-Cola India and ICC Unveil Innovative PET Bottle Flags for ICC Men’s Cricket World Cup 2023
  07 Oct 2023, indianretailer.com
  As the ICC Men’s Cricket World Cup 2023 commences today, Coca-Cola India and ICC join hands to blend India’s fervor for cricket with a dedication to sustainability. During the opening ceremony of the ICC Men’s Cricket World Cup 2023, Coca-Cola India and ICC introduced National Flags crafted from post-consumer PET bottles. These PET bottles underwent recycling to produce yarn, which was then utilized to create the flags…
• Retail India News: Carrera Eyewear Appoints Australian Cricket Captain Pat Cummins as Brand Ambassador
  07 Oct 2023, indianretailer.com
  Carrera Eyewear, a prominent brand within the Safilo Group, a leading player in the eyewear industry, is delighted to announce the appointment of Pat Cummins, the Australian Test and One Day International Cricket Captain, as its Brand Ambassador…
• Retail India News: Atul Sinha Appointed as Chief Operating Officer of CaratLane, a Tanishq Partnership
  07 Oct 2023, indianretailer.com
  CaratLane, a Tanishq Partnership, is delighted to announce the appointment of Atul Sinha as the Chief Operating Officer (COO). Atul Sinha, an esteemed alumnus of the prestigious Indian Institute of Management Ahmedabad, began his journey with CaratLane on June 1, 2015, following the initiation of his career at Hindustan Unilever Limited as part of the esteemed Business Leadership Trainee program…
• Retail India News: Mahendra Singh Dhoni Joins JioMart as Brand Ambassador for JioUtsav Campaign
  07 Oct 2023, indianretailer.com
  Reliance Retail’s JioMart, a leading e-marketplace in India, has appointed Indian cricket icon Mahendra Singh Dhoni as its brand ambassador. Alongside this announcement, JioMart has rebranded its festive campaign as “JioUtsav, Celebrations Of India,” set to launch on October 8, 2023…
• Retail India News: Myntra Welcomes Anne Klein to Its Expanding Portfolio of International Brands
  07 Oct 2023, indianretailer.com
  Myntra, in collaboration with Apparel Group India Pvt Ltd is delighted to introduce Anne Klein, a renowned American premium fashion and accessory brand, to the Indian retail market. This expansion aligns perfectly with Myntra’s commitment to enhancing its portfolio of international brands and comes just in time for the Big Fashion Festival (BFF), India’s largest festive fashion shopping extravaganza scheduled to kick off on October 7th…
• Retail India News: Wellbeing Nutrition Elevates Tea Experience with Premium Wellness Teas
  07 Oct 2023, indianretailer.com
  Wellbeing Nutrition is elevating India’s deep-rooted love for tea to new heights with the introduction of their groundbreaking premium Wellness Teas. This collection seamlessly marries the art of tea with the science of nutrition, aiming to transform the traditional tea-drinking ritual into a holistic journey of both flavor and function. Additionally, it serves as a catalyst for change by empowering the skilled tea artisans at the esteemed Makaibari Estate…
• How Amazon Business is Revolutionizing E-Procurement and Empowering MSMEs in India
  07 Oct 2023, indianretailer.com
  In just a few short years, Amazon Business has transformed the landscape of e-procurement in India, becoming a formidable force that empowers businesses across the country. Established in 2017 with 14,000 sellers and a modest product selection, Amazon Business has since evolved into the largest aggregator of GST-enabled products in India, boasting over 190 million products from a network of 1 million+ sellers. This impressive growth has enabled the brand to serve more than 99.5% of pin codes across India, and it’s showing no signs of slowing down…
• This Brand Wants to Bring Authentic Flavours of India to Every Kitchen Via its Spices
  07 Oct 2023, irecwire.indianretailer.com
  There is a growing demand for clean label food options, with an increased focus on fresh and organic ingredients.Tulua was launched in the middle of the first wave of pandemic. Over the last 3 years, Tulua has established a solid presence across India through Amazon & D2C…
• Domino’s Join Hands with Microsoft for Generative AI Operations
  07 Oct 2023, restaurant.indianretailer.com
  With Microsoft as its primary cloud provider, Domino’s has already been experimenting with data and AI capabilities to make store operations smarter, simpler and more robust…
• Scuzo Ice ‘O’ Magic Dessert Café Expands with Jaipur’s First Outlet
  07 Oct 2023, restaurant.indianretailer.com
  The company has entered into a strategic partnership with AP Enterprises, serving as the master franchise for Rajasthan, to further expand its presence in the state…
• SG Sports, Led by APL Apollo, Acquires Bengaluru Spartans for TPL 2023
  07 Oct 2023, indianretailer.com
  In a notable foray into the world of sports, SG Sports, under the leadership of APL Apollo, has successfully acquired ‘Bengaluru Spartans,’ one of the eight esteemed teams slated to participate in the highly anticipated Tennis Premier League (TPL) 2023. Following this acquisition, the team has been rebranded as ‘Bengaluru SG Mavericks,’ and it proudly welcomes ace tennis player Sania Mirza as its brand ambassador…
• Escaro Royale Launches AirFlexLite Collection, Redefining Comfort in Men’s Footwear
  07 Oct 2023, indianretailer.com
  Escaro Royale, the premium men’s footwear brand, is proud to present its latest AirFlexLite collection, focusing on delivering unparalleled comfort for men. This newly unveiled collection seamlessly combines formal elegance with the comfort of sneakers, offering the perfect solution for men in search of lightweight, comfortable, and stylish footwear suitable for day-to-night wear…
• House of Surya Shines Bright with the Unveiling of its Exquisite Bridal Collection ‘Sajda’
  07 Oct 2023, indianretailer.com
  House of Surya, India’s renowned fashion brand, has set the fashion world aglow with the debut of its exquisite bridal collection, ‘Sajda,’ just in time for the upcoming winter wedding season. This collection marks a significant milestone for the brand, as it continues to redefine premium and luxury bridal attire…
• Adani Wilmar backs on food and FMCG biz in Q2; edible oil segment takes a hit
  06 Oct 2023, retail.economictimes.indiatimes.com
  Adani Wilmar reported double-digit volume growth in its food and FMCG segments, but its edible oil business suffered a decline in the second quarter of FY24. The company’s exports were impacted by government restrictions on rice exports. Despite this, the food and FMCG segment revenue reached around Rs 4,300 crores and contributed 10% to the company’s standalone revenue in Q2…
• Colgate to brush up on science than focus on ayurveda, says Colgate-Palmolive CEO Wallace
  06 Oct 2023, retail.economictimes.indiatimes.com
  Colgate-Palmolive CEO Noel Wallace stated that the company got distracted by Patanjali’s ayurvedic products and will now focus on its scientific credentials and technical superiority instead. He emphasized the importance of leveraging India’s talent pool and digital infrastructure to drive growth and innovation. Wallace also highlighted the need for a growth mindset in India, with a focus on premiumization and increasing volume sales. He believes that India has the potential to become one of Colgate’s fastest-growing markets…
• ETRetail Fashion and Apparel Innovation Summit 2023: Strong supply chain, data, and brand building at the core of fashion businesses
  06 Oct 2023, retail.economictimes.indiatimes.com
  ​Opening the event, Shantanu & Nikhil Mehra, Couturiers and co-founders of Shantanu & Nikhil, in a candid fireside chat shared their journey of building a fashion label, partnering with the conglomerate ABFRL and thoughts on balancing between profitability and art…
• Carrier to step up investments in India by USD 800 million: CEO David Gitlin
  06 Oct 2023, retail.economictimes.indiatimes.com
  Carrier, a global heating, ventilation and air conditioning (HVAC) giant, is looking to ramp up investments in India. This is according to chairman and chief executive David Gitlin in an interview with The Economic Times. Here are the edited excerpts:…
• Costa signs pact to sell coffee at select premium properties of PVR Inox
  06 Oct 2023, retail.economictimes.indiatimes.com
  PVR Inox, a leading multiplex chain in India, has partnered with Devyani International Ltd, the franchisee of Costa Coffee, to sell premium coffee at select properties. The agreement aims to introduce Costa Coffee’s handcrafted hot and cold beverages to PVR Inox properties. Costa Coffee, owned by Coca-Cola, is expanding its presence in India, focusing on metro and tier 1 cities. This move is seen as an effort by PVR Inox to enhance its food and beverage offerings and expand its presence in the F&B retail sector…
• Etailers bet big on Apple iPhones; steep discounts and deals expected to drive festive season sales surge
  06 Oct 2023, retail.economictimes.indiatimes.com
  Indian e-commerce platforms like Amazon and Flipkart heavily rely on the iPhone as their “hero” product for festive season sales. Online sellers are expected to offer maximum discounts on iPhone 12-14 series, with e-commerce contribution to iPhone sales projected to increase from 40% to 50-55% during the festive season. These high iPhone sales boost marketplace sales value, increase traffic, and help increase average ticket sizes. ..
• Meesho records nearly 1 crore orders, expects over 3X growth during upcoming festive season
  06 Oct 2023, thehindubusinessline.com
  According to the company, nearly 75 per cent of the demand comes from tier-2+ markets like Amravati, Aurangabad, Dehradun, Nellore, Solapur, and Warangal ..
• Footwear industry growth likely to moderate to 7-8 pc in FY24: Icra
  06 Oct 2023, retail.economictimes.indiatimes.com
  The mass segment faces headwinds, and demand is unlikely to improve significantly in the near term, though sales recovery during the festive and wedding season in H2 FY2024 could “partially offset muted revenue growth in H1″…
• Godrej Consumer registers mid-single-digit volume growth for Jul-Sep quarter
  06 Oct 2023, retail.economictimes.indiatimes.com
  The performance of Park Avenue and KamaSutra brands, which the Godrej Group FMCG arm acquired earlier this year from Raymond Group, has “improved sequentially and are on track to achieve full-year guidance”, it added…
• Restaurants look to score big on World Cup cheer
  06 Oct 2023, livemint.com
  ICC Men’s Cricket World Cup expected to have positive impact on consumption for delivery firms and beverage makers…
• Retail India News: Les Petits Unveils Festive Collection from In-House Brand Rang
  06 Oct 2023, indianretailer.com
  As the festive season approaches, Les Petits, the luxury fashion brand for children, has unveiled an exclusive range of festive collections under its in-house brand, Rang. This collection exudes opulence and perfectly encapsulates the festive spirit…
• Retail India News: Kingdom of White Expands Presence with New Store in Lucknow
  06 Oct 2023, indianretailer.com
  Kingdom of White, an esteemed premium menswear brand founded on the profound philosophy of “For the Love of White,” has opened its doors to the vibrant city of Lucknow. With a mission to bring the timeless Kingdom of White experience closer to fashion enthusiasts in various Indian cities, the brand has chosen the City of Nawabs as its next destination…
• Sawan Gandhi Unveils New Retail Haven in Hyderabad, India
  06 Oct 2023, indianretailer.com
  Renowned fashion designer Sawan Gandhi has recently inaugurated a chic retail outlet in the heart of Banjara Hills, Hyderabad. This newly minted store embodies the essence of mid-century modern aesthetics, echoing Sawan Gandhi’s distinctive design ethos—a striking monochromatic palette accentuated with splashes of color…
• Bagline Expands Retail Footprint with New Store in Kolkata, India
  06 Oct 2023, indianretailer.com
  Bagline has proudly inaugurated a new store in Kolkata. This strategic expansion into Eastern India underscores Bagline’s dedication to delivering high-quality travel essentials and lifestyle accessories to the dynamic and diverse Kolkata market…
• Cover Story Expands Retail Presence with Second Store in Lucknow at Lulu Mall
  06 Oct 2023, indianretailer.com
  Cover Story, a prominent player in the retail industry has unveiled its second store in Lucknow, located at Lulu Mall. This momentous occasion signifies a noteworthy achievement for Cover Story as it commemorates the inauguration of its 19th retail store in India. The new store is poised to revolutionize the shopping experience in this bustling city…
• Retail India News: Wishful by W Unveils Exclusive Festive Collection in Collaboration with Celebrity Designer Sahil Kochhar
  06 Oct 2023, indianretailer.com
  The renowned premium occasion wear brand, Wishful by W, has introduced its latest festive line in an exciting collaboration with celebrity designer Sahil Kochhar. This remarkable partnership represents the fusion of design excellence, brand allure, and widespread accessibility…
• Retail India News: Samsung India Launches ‘Fab Grab Fest’ with Exciting Discounts and Cashback Offers
  06 Oct 2023, indianretailer.com
  Samsung India has unveiled its grand festive sale, the ‘Fab Grab Fest,’ featuring lucrative discounts and cashback deals on a wide range of Samsung products, including smartphones, tablets, laptops, accessories, wearables, TVs, digital appliances, and smart monitors. These unprecedented offers are available on Samsung.com, Samsung Exclusive Stores, and the Samsung Shop App, beginning today…
• [Funding Alert] Dressfolk Bags Rs 3.3 cr in Seed Funding Round Led by All In Capital
  06 Oct 2023, indianretailer.com
  Indian handloom ethical clothing brand, Dressfolk, has announced a successful seed funding round, raising Rs 3.3 crore with All In Capital as the lead investor. The funding also includes strategic investments from prominent industry figures such as Sidhant Keshwani of Libas, Sidhesh Chauhan of Jade Blue, and Riju Jhunjhunwala of RSWM Ltd…
• Retail India News: Virat Kohli Joins Luxor for the Luxor Schneider LX MAX Pen Launch Ahead of ICC Cricket World Cup 2023
  06 Oct 2023, indianretailer.com
  Luxor, a prominent Indian organization and a leader in the writing instruments industry, has unveiled a brand-new film ahead of the ICC Cricket World Cup 2023, featuring their new brand ambassador, cricket legend Virat Kohli. This film introduces the Luxor Schneider LX MAX pen, the first brand launch resulting from the Luxor Schneider partnership signed earlier this year…
• Retail India News: Rasayanam Unveils Liquid Biotin with Collagen 25000mcg for Enhanced Ayurvedic Wellness
  06 Oct 2023, indianretailer.com
  Rasayanam, a trusted name in the realm of Ayurvedic wellness, is thrilled to unveil its latest offering, Liquid Biotin with Collagen 25000mcg. This groundbreaking and fast-acting solution is meticulously crafted to assist individuals in achieving lush, voluminous hair and well-hydrated, wrinkle-free radiant skin…
• [Funding Alert] YouVah Raises $210,000 in Pre-Seed Funding to Empower India’s Teenagers
  06 Oct 2023, indianretailer.com
  YouVah, India’s innovative internship platform tailored for teenagers, has successfully secured $210,000 in its pre-seed funding round, backed by CIIE.CO IIM Ahmedabad and the Co-Founders of American Chase. With a mission to empower teenagers by providing them with practical experience, guidance, and opportunities to build their initial career resumes, YouVah, founded by Chetan Jachpure, Raghav Parsai, and Rohit Jain, is dedicated to shaping India’s future by preparing today’s youth for tomorrow’s challenges…
• Retail India News: Apparel Group India Unveils Anne Klein and Herschel Supply Co to Indian Markets via Myntra
  06 Oct 2023, indianretailer.com
  Apparel Group India, dedicated to offering the latest global fashion trends, is gearing up to expand its brand portfolio by introducing two esteemed international brands – Anne Klein and Herschel Supply Co. In a well-considered strategic move, these products will be exclusively accessible through Myntra…
• Retail India News: itel Unveils Most Affordable 5G Smartphone Under, the itel P55 Power 5G
  06 Oct 2023, indianretailer.com
  itel, a leading smartphone brand in India, continues its mission of democratizing technology by introducing India’s most affordable and powerful 5G smartphone under 10K, bringing accessible technology to Indian consumers. The itel P55 Power 5G Smartphone sets a new industry standard, equipped with the highly aspirational MediaTek Dimensity 6080 chipset, ensuring seamless and outstanding performance…
• BigBasket Triumphs Over Price, Quality, and Transparency with Tech-first, Intuitive Supply Chain Model
  06 Oct 2023, indianretailer.com
  Computerized sorting machines, price monitoring via apps, and several other measures help the brand serve fresh produce way faster than unorganized vendors…
• Atmosphere Core Reveals 8 New Properties and Targets 25 by 2025
  06 Oct 2023, restaurant.indianretailer.com
  Atmosphere Core has revealed a vision for India and targeting the development of 25 properties by 2025.Atmosphere Core has embarked its exciting venture into the Indian market with the goal of revolutionizing the country’s hospitality sector by offering distinctive experiences…
• Qavalli, an Old-world Culinary Journey Launched at Aerocity, New Delhi
  06 Oct 2023, restaurant.indianretailer.com
  With a commitment to preserving North Indian culinary traditions, Qavalli’s menu is curated to complement cocktails and pay homage to Indian produce…
• United Coffee House Introduces United Catering Services 2.0
  06 Oct 2023, restaurant.indianretailer.com
  They are committed to delivering modern, pristine, and hygienic outdoor catering services that align perfectly with their clients’ tastes and preferences…
• Van Heusen Innerwear Partners with Cricket Star Hardik Pandya for Dynamic Ad Campaign
  06 Oct 2023, indianretailer.com
  Van Heusen Innerwear, a well-established name in the mid-premium innerwear industry, has unveiled its latest advertising campaign featuring cricket sensation Hardik Pandya. This collaboration marks the beginning of an exciting partnership between one of India’s leading innerwear brands and one of the nation’s most iconic sports figures. Van Heusen Innerwear is a part of Aditya Birla Fashion and Retail Limited (ABFRL), India’s foremost fashion and apparel company…
• Diesel Unveils Innovative Vert Collection: A Fusion of Technology and Fashion
  06 Oct 2023, indianretailer.com
  Diesel, the renowned fashion and lifestyle brand, recently hosted an exciting launch event at Mumbai’s Jio World Drive, merging the worlds of horology and hip-hop to introduce their latest collection of timepieces. At the event, India’s leading singer and pop star, King, unveiled Diesel’s groundbreaking Vert Collection alongside Johnson Verghese, Managing Director of Fossil Group – India…
• Samsāra Unveils ‘Vale of Paradise’: A Premium Gin Crafted with Kashmiri Botanicals
  06 Oct 2023, indianretailer.com
  Spaceman Spirits Lab Private Limited (SSLPL), the creator of the premium Indian craft gin Samsāra, proudly announces the launch of ‘Vale of Paradise,’ a new premium handcrafted gin offering within the Samsāra portfolio. This latest variant, part of the New World Experiment series by Spaceman Spirits Lab, has been meticulously crafted using botanicals sourced from the breathtaking Kashmir Valley…
• Raheja Developers To Invest Rs. 2000 Cr In Its Projects In FY 24, 25 & 26
  05 Oct 2023, rprealtyplus.com
  This substantial investment is aimed at increasing the pace of construction ensuring early delivery of residential and commercial properties…
• E-commerce to grow to $300 bn by 2030, shipments by third-party logistics firms to 17 billion: Redseer report
  05 Oct 2023, retail.economictimes.indiatimes.com
  The Indian e-commerce industry is predicted to grow five-fold to $300 billion by 2030, with third-party logistics providers expected to handle 17 billion shipments in the next seven years, according to a report by Redseer…
• Reliance Brands to acquire majority stake in Superdry IP for Indian territory
  05 Oct 2023, retail.economictimes.indiatimes.com
  Reliance Brands through its wholly owned subsidiary in UK (RBUK), has on Wednesday signed a definitive agreement to enter a joint venture with UK-based Superdry PLC, marking a significant new chapter in its partnership with Superdry PLC…
• Indians to splurge more this festive season, and that too in cash
  05 Oct 2023, retail.economictimes.indiatimes.com
  A UBS report reveals that Indians are ready to spend extravagantly this festive season, with 70% of respondents expecting festive spend to rise. The report also highlights a drop in the inclination towards digital payments, while the intent to make cash payments has increased. This suggests that people are willing to spend more on local and offline products, supporting Prime Minister Narendra Modi’s Vocal for Local scheme. Gold and property purchases are also expected to drive consumer spending…
• CCI clears Kedaara Capital Fund stake purchase in Lenskart
  05 Oct 2023, retail.economictimes.indiatimes.com
  Lenskart Solutions is into the business of eyewear products, while Kedaara Capital Fund III LLP is a Sebi-registered Alternative Investment Fund (AIF). The latter is part of the Kedaara Group…
• Burma Burma to invest Rs 40 crore to double its presence by 2025
  05 Oct 2023, retail.economictimes.indiatimes.com
  The average outlet of the Burmese restaurant spreads across 2,500 sq.ft and the CAPEX involved to open one outlet stands at Rs 3.5 crore…
• Rising food prices, below-normal rainfall distribution affected anticipated recovery in rural demand: Marico
  05 Oct 2023, retail.economictimes.indiatimes.com
  Marico, the maker of Saffola and Parachute, reported that the demand situation in the September quarter was similar to the previous quarter. Rising food prices and below-normal rainfall in some regions affected the anticipated recovery in rural demand. However, the company expects consumption trends to improve in the second half of the year due to factors such as inflation staying within the RBI’s target range, higher minimum support prices, and government spending…
• Ajio set to sell H&M products, ending exclusivity for Myntra
  05 Oct 2023, livemint.com
  Online marketplaces typically thrive on exclusive partnerships which attract new consumers and boost brand sales on the platform. ..
• Coca-Cola India launches 100% recycled PET bottles
  05 Oct 2023, retail.economictimes.indiatimes.com
  Coca-Cola said consumers could return empty PET bottles by recycling them at conveniently placed drop-off points or reverse vending machines (RVM’s). This is addition to an existing ‘return and recycle’ programme with e-commerce platform Zepto that focuses on gathering PET bottles directly from consumers…
• Honasa Consumer appoints Nishchay Bahl as senior vice president for the offline business
  05 Oct 2023, retail.economictimes.indiatimes.com
  ​​In his new role, Bahl will be responsible for driving growth and profitability and build a comprehensive offline network strategy for the brands, namely, Mamaearth, The Derma Co., Aqualogica and Bblunt…
• Companies may sacrifice profit margins amid festive sales push
  05 Oct 2023, retail.economictimes.indiatimes.com
  Retailers in the consumer goods, white goods, and fashion sectors are expected to prioritize sales growth over profit margins during the festive season. Despite rising raw material prices, companies are reluctant to increase prices and instead opt for promotions to drive demand. This decision may have a negative impact on margins in the October-December quarter. ..
• 5G smartphones buck industry trend; launches gather steam
  05 Oct 2023, retail.economictimes.indiatimes.com
  Smartphone brands launched 151 models overall since January, trailing the more than 181 models rolled out in the same period last year, which eventually touched 203 models by December-end, according to ET’s research.”Last year, brands were launching 5G devices just to be ahead of the curve. A shortage of 5G chipsets also kept brands from launching too many models, and if they did launch them at affordable prices, there would be compromises such as an LCD display instead of a high-quality OLED display,” said Shilpi Jain, senior research analyst, Counterpoint…
• Nothing launches maiden exclusive customer service center in Bengaluru
  05 Oct 2023, retail.economictimes.indiatimes.com
  Consumer tech brand Nothing has opened an exclusive customer service center in Bengaluru’s Indiranagar. The center aims to provide customers with an interactive experience and offers features like a gaming console and refreshments. The company plans to optimize its product’s service and maintenance by reducing repair and waiting times. ..
• Retail India News: Max Fashion Sets Ambitious Retail Expansion Plans in Andhra and Telangana
  05 Oct 2023, indianretailer.com
  Max Fashion, a leading international retail chain based in Dubai, is poised for continued growth in Andhra and Telangana, with plans to increase its store count to 82 by the year-end…
• CAMLA Barcelona Charts a Dynamic Path to Fashion Retail Dominance in India
  05 Oct 2023, indianretailer.com
  Prepare for a fashion extravaganza as CAMLA Barcelona, the renowned fashion brand acclaimed for its unique designs and exceptional quality, announces an ambitious expansion strategy. This milestone marks a significant moment in the brand’s journey, promising an extended realm of fashion…
• Retail India News: Imagine Apple Premium Partner Store in Chennai Blends Culture and Technology
  05 Oct 2023, indianretailer.com
  Chennai recently witnessed the inauguration of the second Imagine Apple Premium Partner Store, an architectural marvel designed by Aaiba Design. This store’s aesthetics masterfully intertwine the rich cultural tapestry of Chennai with Apple’s cutting-edge technology, resulting in an inspiring and immersive retail environment…
• Retail India News: Escaro Royale Launches AirFlexLite Collection, Redefining Comfort in Men’s Footwear
  05 Oct 2023, indianretailer.com
  Escaro Royale, the premium men’s footwear brand, is proud to present its latest AirFlexLite collection, focusing on delivering unparalleled comfort for men. This newly unveiled collection seamlessly combines formal elegance with the comfort of sneakers, offering the perfect solution for men in search of lightweight, comfortable, and stylish footwear suitable for day-to-night wear…
• Retail India News: Godrej Security Solutions Launches ‘Desh Ki Tijori’ Campaign with Ayushmann Khurrana
  05 Oct 2023, indianretailer.com
  Godrej Security Solutions, synonymous with the Indian ‘Tijori,’ has unveiled its latest campaign, ‘Desh Ki Tijori,’ featuring Bollywood star and brand ambassador Ayushmann Khurrana. This business unit of Godrej and Boyce, the flagship company of the Godrej Group, has been at the forefront of innovation and tech-enabled solutions through its platform Secure 4.0…
• Reliance Brands and Superdry PLC Enter Joint Venture to Expand Retail Presence in India
  05 Oct 2023, indianretailer.com
  Reliance Brands Limited (RBL), along with its wholly-owned subsidiary in the UK (RBUK), has entered into a definitive agreement to establish a joint venture with Superdry PLC, a UK-based fashion brand. This collaboration marks a significant milestone in their partnership, with the joint venture entity acquiring Superdry’s intellectual property assets for India, Sri Lanka, and Bangladesh…
• Titan To Ride The Wave of Luxury Watch Demand with Helios World
  05 Oct 2023, indianretailer.com
  Titan is on a retail revamp spree since 2021. The brand is slated to add 250 new retail outlets this year, and according to Ajay Dwivedi, Retail Head, Watches and Wearables Division, Titan Company Limited, the booming luxury watch space has been a strong catalyst. ..
• Retail India News: Snitch Welcomes Aniket Singh as Chief Business Officer to Drive Strategic Growth
  05 Oct 2023, indianretailer.com
  Snitch, a prominent direct-to-consumer (D2C) men’s fashion brand, is delighted to announce the appointment of Aniket Singh as its new Chief Business Officer. In this pivotal role, Aniket will lead Snitch’s strategic initiatives aimed at fostering sustainable growth and operational efficiency…
• Retail India News: Nivasa Introduces Vintage and Traditional Home Furnishings Collection
  05 Oct 2023, indianretailer.com
  Nivasa, renowned for its luxury home furnishings, takes great pleasure in unveiling its latest collection, featuring vintage and traditional themes. This collection epitomizes Nivasa’s dedication to crafting exceptional and thought-provoking pieces that enhance the ambiance of any living space, combining intelligent design with exquisite craftsmanship…
• The Beauty Industry’s Digital Rebirth
  05 Oct 2023, irecwire.indianretailer.com
  The e-commerce beauty platforms in India are steadily evolving into a flourishing fusion of global glamour and local grace, transforming the way we shop for beauty products across the nation…
• IHG & K RAHEJA Sign for Two Hotels in Mumbai
  05 Oct 2023, restaurant.indianretailer.com
  This signing will see the debut of Intercontinental’s voco brand in Western India and bring a new Holiday Inn Express & Suites to Mumbai, India / Bharat…
• Swiggy SteppinOut’s Founder Safdhar Adoor Joins VRO Hospitality
  05 Oct 2023, restaurant.indianretailer.com
  Safdhar will be tasked to increase the entertainment quotient across VRO Hospitality’s brands and craft specially curated events to offer a superlative experience to connoisseurs…
• Swiggy Empowers Restaurant Owners with Over Rs 450 Crores in Capital Assistance
  05 Oct 2023, restaurant.indianretailer.com
  Swiggy’s Capital Assist Program which was launched in 2017 is a first-in-the-segment solution designed to bridge the financing gap and empower restaurant owners. ..
• Route 66 Goa Launches Cloud Kitchen in Bandra, Mumbai
  05 Oct 2023, restaurant.indianretailer.com
  This strategic move aims to bring Route 66 Goa’s iconic flavors and innovative dishes to the heart of Bandra, catering to the modern dining preferences of the city…
• Platform 65 Opens Second Toy Train Themed Restaurant in Bengaluru
  05 Oct 2023, restaurant.indianretailer.com
  Platform 65, India’s network of toy train inspired dining establishments unveils its 11th restaurant in Bengaluru…
• Diesel Unveils Innovative Vert Collection: A Fusion of Technology and Fashion
  05 Oct 2023, indianretailer.com
  Diesel, the renowned fashion and lifestyle brand, recently hosted an exciting launch event at Mumbai’s Jio World Drive, merging the worlds of horology and hip-hop to introduce their latest collection of timepieces. At the event, India’s leading singer and pop star, King, unveiled Diesel’s groundbreaking Vert Collection alongside Johnson Verghese, Managing Director of Fossil Group – India…
• Samsāra Unveils ‘Vale of Paradise’: A Premium Gin Crafted with Kashmiri Botanicals
  05 Oct 2023, indianretailer.com
  Spaceman Spirits Lab Private Limited (SSLPL), the creator of the premium Indian craft gin Samsāra, proudly announces the launch of ‘Vale of Paradise,’ a new premium handcrafted gin offering within the Samsāra portfolio. This latest variant, part of the New World Experiment series by Spaceman Spirits Lab, has been meticulously crafted using botanicals sourced from the breathtaking Kashmir Valley…
• Retail India News: Numero Uno Unveils a Fresh Logo Embracing Youthful and Modern Values
  05 Oct 2023, indianretailer.com
  Numero Uno, India’s beloved denim brand, is delighted to present its all-new logo, a pivotal moment in the brand’s evolution. The brand’s fresh logo underlines its commitment to being dynamic, inclusive, and ahead of the curve while upholding Numero Uno’s core values of Youthful, Casual, Modern, Innovative, and Meaningful…
• Retail India News: Sources Unlimited Unveils Saturne Pendant Light by CVL Luminaires
  05 Oct 2023, indianretailer.com
  Sources Unlimited, a trailblazer in introducing high-end international furniture, accessories, and lighting solutions to the Indian market, proudly presents the Saturne Pendant Light by CVL Luminaires, a renowned luxury lighting brand hailing from France. The Saturne Pendant Light is the brainchild of the talented designer Hervé Langlais…
• CAMLA Barcelona Charts a Dynamic Path to Fashion Retail Dominance in India
  05 Oct 2023, indianretailer.com
  Prepare for a fashion extravaganza as CAMLA Barcelona, the renowned fashion brand acclaimed for its unique designs and exceptional quality, announces an ambitious expansion strategy. This milestone marks a significant moment in the brand’s journey, promising an extended realm of fashion…
• DLF TO INVEST RS 1,700 CR FOR NEW SHOPPING MALL IN GURUGRAM
  04 Oct 2023, rprealtyplus.com
  Realty major DLF is likely to start construction of its new 25 lakh square feet shopping mall in Gurugram this quarter at a cost of around Rs 1,700 crore to expand business amid surge in demand for quality real estate space from retailers…
• DMart’s revenue rises 18.51% to Rs 12,307.72 crore in Q2
  04 Oct 2023, retail.economictimes.indiatimes.com
  “Standalone Revenue from operations for the quarter ended September 30, 2023, stood at Rs 12,307.72 crore,” said Avenue Supermarts in the regulatory filing while sharing the company’s update at the end of the quarter…
• Consumer durables sector expects 30-40 pc spike in demand this festive season
  04 Oct 2023, retail.economictimes.indiatimes.com
  First quarter of this year was dampened in some geographies due to unseasonal rains and weather uncertainties may lead to some pent-up demand in the festive season…
• Wonderchef plans to clock Rs 290 crore in sales this festive season
  04 Oct 2023, retail.economictimes.indiatimes.com
  To meet its target, the company is ramping up its production capacity and streamlining its supply chain to enhance customer service efficiency. Apart from this, it is also introducing many new products to target millennials…
• Domino’s, Pizza Hut and other pizza chains cut rates as small rivals slice up market
  04 Oct 2023, retail.economictimes.indiatimes.com
  Domino’s sent messages to its subscribers last week alerting them about an “epic price drop on large pizzas”. The pizza chain said prices of vegetarian large pizzas have been reduced from Rs 799 to Rs 499, and that of non-veg large pizzas from Rs 919 to Rs 549. “Pay less, get more,” the company said in the messages…
• Meesho opens up its platform for sellers without GST registration
  04 Oct 2023, retail.economictimes.indiatimes.com
  Meesho said it recognises the unique characteristics of non-GST registered sellers, such as their high motivation and locally relevant selection from categories like fashion, consumer electronics and home and kitchen…
• Kellogg Company splits business with launch of Kellanova, announces separation of North American cereal biz
  04 Oct 2023, financialexpress.com
  Kellanova, formerly known as Kellogg Company, has announced the completion of its previously announced separation of its North American cereal business, WK Kellogg Co, resulting in two independent, public companies…
• Lenskart Joins the World Cup Frenzy in India with Blue Billion Eyewear Collection
  04 Oct 2023, indianretailer.com
  As India gears up for this year’s World Cup season, the nation is poised to relive the excitement and emotional rollercoaster that cricket brings…
• Kalyan Jewellers Expands Presence in Dubai with 19th Showroom in Al Barsha
  04 Oct 2023, indianretailer.com
  Kalyan Jewellers, a renowned and trusted jewellery brand, celebrated the inauguration of its newest showroom in Al Barsha, Dubai…
• Miraj Cinemas Expands with Grand Opening of Gurdaspur Multiplex
  04 Oct 2023, indianretailer.com
  Miraj Cinemas, India’s rapidly growing and third-largest national multiplex chain, is thrilled to announce the grand inauguration of its newest addition, Gurdaspur Miraj Cinemas, located on the 4th floor of AGM Mall, Tibri Road, Hanuman Chowk, Gurdaspur, Punjab -143521…
• Smokey Cocktail Unveils Wine Bottle Holder Stand Collection to Elevate Wine Enjoyment
  04 Oct 2023, indianretailer.com
  Smokey Cocktail, a renowned name in the luxury decorative and barware industry, has introduced its latest Wine Bottle Holder Stand Collection, just in time for the festive season…
• Rosha Introduces Festive Lamps Collection Redefining Luxury Lighting
  04 Oct 2023, indianretailer.com
  Rosha is delighted to introduce its latest masterpiece: an exquisite Festive Lamps Collection that elevates the concept of luxury with every flicker…
• The Revolution in E-commerce Search Marketers Can’t Ignore
  04 Oct 2023, indianretailer.com
  In the world of eCommerce, search functionality plays a crucial role in helping users find the products they’re looking for quickly and easily. However, traditional keyword-based search methods can fall short when understanding the nuances of user intent…
• Gradient Beverages Introduces Lucid Vodka
  04 Oct 2023, indianretailer.com
  Gradient Beverages takes pride in presenting Lucid, an intricately crafted artisanal vodka that redefines clarity and flavor within the realm of spirits…
• WoodenStreet Launches In-House Brand “Earthy Threads” for Home Furnishings
  04 Oct 2023, indianretailer.com
  WoodenStreet, the renowned furniture retailer, has announced the grand launch of its in-house brand, “Earthy Threads,” a collection inspired by nature and dedicated exclusively to home furnishings…
• Clear Premium Water Elevates Tennis Premier League Season 5 as Powered-by Sponsor
  04 Oct 2023, indianretailer.com
  Clear Premium Water has taken on a prominent role as the powered-by sponsor for the highly anticipated fifth edition of Tennis Premier League (TPL), India’s premier tennis tournament, with the aim of promoting the sport on a national scale…
• Triumph International Launches Its Exclusive Festive Lingerie Collection
  04 Oct 2023, indianretailer.com
  Triumph International has unveiled its premium festive lingerie collection, exclusively designed for the Indian retail market. This exquisite range offers a futuristic line of lingerie that caters to the diverse needs of women while evoking a sense of celebration and delight…
• Soch Unveils Its “Tyohaar” Festive Collection, Blending Tradition in Women’s Ethnic Wear Space
  04 Oct 2023, indianretailer.com
  Soch is delighted to present its highly anticipated festive collection, “Tyohaar.” This collection embodies the essence of the season by seamlessly fusing traditional prints with contemporary designs, offering an extensive range that radiates the spirit of celebration…
• EatSure Signs One-year Deal with Bengaluru Football Club as Official Foodcourt Partner
  04 Oct 2023, restaurant.indianretailer.com
  With this partnership, EatSure became the first food-tech player to partner with Bengaluru FC and curate F&B experiences at the stadium with several prominent brands during ISL…
• Radico Khaitan Unveils Two New Whisky
  04 Oct 2023, restaurant.indianretailer.com
  Radico Khaitan Limited, one of the largest IMFL companies in India has announced that the company will unveil the next two whiskies in the Jugalbandi series of eight Indian Single Malt whiskies, Jugalbandi #3 and #4, at The Whisky Show, London (29th September – 1st October 2023)…
• Cult.sport Unveils the Ultimate Fusion of Style and Fitness with Ace X Series
  04 Oct 2023, indianretailer.com
  Cult.sport, the leading provider of sports and fitness apparel, equipment, and supplements in India, is excited to introduce its latest innovation – the Ace X Series smartwatch. This versatile smartwatch is poised to transform your daily life and fitness journey by seamlessly blending classic sophistication with cutting-edge fitness tracking technology…
• Lava eyes 10% smartphone market share in 2 years with investment of Rs 600 cr in R&D, marketing
  03 Oct 2023, retail.economictimes.indiatimes.com
  Indian mobile devices maker Lava International aims to capture 10% market share in the sub-Rs 30,000 ($408) smartphone segment. The company plans to invest up to INR 600 crore ($81.5m) in product development and marketing over the next two years. Lava relaunched its smartphone business with a focus on customer experience and providing repair services at home. ..
• ETRetailCafe: Vijay Sales’ Nilesh Gupta on winning customer’s trust
  03 Oct 2023, retail.economictimes.indiatimes.com
  Nilesh Gupta fondly shares how the brand has succeeded in winning the hearts of consumers by maintaining friendly relations with them. He said, “From concept to strategy, the credit of success goes to my father, Nanu Gupta and we plan to continue building this legacy going ahead.”…
• BigBasket looks to turn profitable in 6-9 mths
  03 Oct 2023, retail.economictimes.indiatimes.com
  BigBasket, owned by Tata Group, aims to achieve profitability in six to nine months, according to co-founder Vipul Parekh. The company’s slotted grocery delivery business is already profitable, while its quick commerce business is expected to become profitable in the next six to nine months…
• Sangam India eyes close to Rs 4,000 crore revenue by FY25
  03 Oct 2023, retail.economictimes.indiatimes.com
  “We recorded Rs 2,730 crore revenue in FY23, and this financial year we are expecting to touch Rs 3,000 crore. With our capacity expansion in various product categories, we are targeting close to Rs 4,000 crore revenue by 2024-25,” Sangam India Managing Director and CEO S N Modani told PTI…
• Clear Premium Water launches new natural mineral water brand NU
  03 Oct 2023, retail.economictimes.indiatimes.com
  The company said it initially plans to launch the product in Delhi/NCR, Mumbai, Gujarat, and Uttar Pradesh and later plans to expand its reach across India…
• Startups bank on creativity to charm local, global customers
  03 Oct 2023, retail.economictimes.indiatimes.com
  While many art passionate founders have roped in local artisans, others have collaborated with the government’s tribal, cottage and tourism department to up skill locally made products…
• Premium smartphone segment likely to party this festive season, drive overall shipment growth
  03 Oct 2023, retail.economictimes.indiatimes.com
  The premium smartphone segment is expected to experience strong growth during the festive season, with distribution channels and financial institutions offering discounts and attractive offers. Shipments are predicted to rise 7% year-on-year, with average selling prices expected to increase by 10%. Affordable 5G smartphones under Rs 15,000 are also projected to drive volumes…
• Mother and baby brand HunyHuny plans offline expansion across India
  03 Oct 2023, retail.economictimes.indiatimes.com
  ​With its online presence, HunyHuny has seen exponential growth in the past three years. Now, it expects to open stores across the malls in Jaipur, Noida, and Bangalore this year, further strengthening its offline presence…
• Outlet malls: Where India’s discount hunters meet top brands
  03 Oct 2023, livemint.com
  Real estate developers across India are embracing the concept of outlet malls, inspired by the success of similar models in the West, offering clothing and footwear at discounted rates as brands seek avenues to liquidate stocks…
• Soktas Unveils First Exclusive Retail Outlet in India, Redefining Luxury Cotton Fabrics
  03 Oct 2023, indianretailer.com
  Soktas, the esteemed cotton fabrics brand under the Grasim Industries umbrella, a part of the Aditya Birla Group, proudly announces the opening of its inaugural exclusive brand outlet in India, located in Jayanagar, Bengaluru…
• Luxury E-Commerce: A Confluence of Opulence and Technology Shaping Exquisite Customer Experiences
  03 Oct 2023, indianretailer.com
  The realm of luxury e-commerce stands as a testament to the symbiotic relationship between opulence and technology. In an era where online shopping has transcended conventional boundaries, the luxury e-commerce industry has emerged as a beacon of innovation, steadfastly…
• India’s new retail revolution: How the ‘jugalbandi’ between MSMEs and e-commerce is changing country’s retail space
  03 Oct 2023, businesstoday.in
  The e-commerce boom in India is undeniable, and its impact on the retail sector is nothing short of revolutionary. With this boom, and with MSMEs as the driving force, they are the architects of a new era in retail, one that embraces innovation, fosters inclusivity, and heralds a brighter future for India’s economic landscape…
• Dunzo cofounder Dalvir Suri to exit amid tough times
  02 Oct 2023, retail.economictimes.indiatimes.com
  Dalvir Suri, who joined the Bengaluru startup as a cofounder six years ago, was a key executive for core business DMS, client liaison, staff issues…
• Godrej Agrovet to invest Rs 300 cr in integrated palm oil unit in Telangana
  02 Oct 2023, retail.economictimes.indiatimes.com
  It will invest Rs 300 crore over the next 3-4 years in setting up the integrated palm oil complex. With 65,000 hectares of palm oil under cultivation across the country, Godrej Agrovet plans to increase cultivation to 1.2 lakh hectares by 2027…
• Allied Blenders & Distillers (ABD) names Alok Gupta as new MD
  02 Oct 2023, retail.economictimes.indiatimes.com
  Allied Blenders & Distillers (ABD) has hired Alok Gupta as its new managing director and chief executive. He comes from Essar Capital, where he was a partner leading its technology and services vertical. He has over three decades of experience at consumer companies, including Dabur, United Spirits and Cafe Coffee Day. ..
• Retailers up in arms over Flipkart ad on phone offers
  02 Oct 2023, retail.economictimes.indiatimes.com
  Smartphone retailers have accused Flipkart of misleading buyers with an advertisement featuring Amitabh Bachchan, claiming that online platforms offer better deals. In the advertisement, Bachchan says that the mobile deals offered by Flipkart will not be available at retail stores. The All India Mobile Retailers Association has written to leading smartphone brands, asking them to clarify that these statements are not accurate…
• Confederation of Indian Textile Industry elects Rakesh Mehra as chairman for 2 years
  02 Oct 2023, retail.economictimes.indiatimes.com
  Mehra is the chairman of Banswara Syntex, an integrated textile manufacturer and exporter of yarns, fabrics and garments, having a turnover of Rs 1,400 crore, CITI said. He expressed his commitment to fostering collaborative and inclusive initiatives for the overall growth of the textile sector…
• Brand Studio Lifestyle eyes Rs 2,000 cr GMV by end of FY24
  02 Oct 2023, retail.economictimes.indiatimes.com
  Started in 2015, Brand Studio Lifestyle has shown a compounded annual growth rate (CAGR) of 38% and a continuous expansion of its operations. In the current fiscal year, the company anticipates a 30%+ year-on-year growth rate from existing channels and categories and additional growth from new business initiatives…
• Numero Uno launches new brand logo
  02 Oct 2023, financialexpress.com
  The new logo, Numero Uno said, emphasizes on its promise to be dynamic, inclusive, and ahead of the times while embracing and amplifying Numero Uno’s values of youthful, casual, modern, innovative, and meaningful…
• Investors look for more stable and sustainable D2C businesses: Manas Madhu, cofounder, Beyond Snack
  02 Oct 2023, retail.economictimes.indiatimes.com
  Manas Madhu, Co-Founder, of Beyond Snack discusses his views on the D2C space, investors’ sentiment and the overall FMCG industry…
• We want to continue to be the leader in the online grocery market: TK Balakumar, COO, BigBasket
  02 Oct 2023, retail.economictimes.indiatimes.com
  TK Balakumar, Chief Operating Officer, BigBasket.com shares his insights at the ETEcomSummit experience, expressing his views on the online grocery market, technological innovations and overall trends in the growing D2C industry…
• Surge in Q2 FMCG, phone sales may bring festive cheer
  02 Oct 2023, retail.economictimes.indiatimes.com
  Sales of FMCG, cars, smartphones, and household appliances surged in the September quarter, driven by lower inflation, improved monsoon, price cuts, and offers…
• Dell looks to increase investment in Bengaluru R&D centre
  02 Oct 2023, retail.economictimes.indiatimes.com
  Dell, the Texas-based tech company, has expressed its interest in investing more in its research and development centre in Bengaluru, India. Additionally, Global Foundries, a semiconductor manufacturing company, has expressed interest in increasing its workforce in Bengaluru. Prime Minister Narendra Modi has been actively pushing for the development of a robust tech manufacturing sector in India…
• Soktas Unveils First Exclusive Retail Outlet in India, Redefining Luxury Cotton Fabrics
  02 Oct 2023, indianretailer.com
  Soktas, the esteemed cotton fabrics brand under the Grasim Industries umbrella, a part of the Aditya Birla Group, proudly announces the opening of its inaugural exclusive brand outlet in India, located in Jayanagar, Bengaluru…
• Arjun Rathi Design Unveils Birbal Lamp
  02 Oct 2023, indianretailer.com
  Arjun Rathi Design, based in Mumbai and co-founder of Rural Modern Glass Studio, renowned for its distinctive light collections that seamlessly blend art, design, and functionality, is thrilled to present its latest creation—the Birbal Lamp…
• SIG Launches First Aseptic Carton Plant in India, Commits Rs 880 cr Investment
  02 Oct 2023, indianretailer.com
  SIG, a globally renowned packaging solutions provider, has laid the foundation for its inaugural aseptic carton plant in India, marking a significant expansion of its presence in the country…
• Panasonic Life Solutions India Unveils New Modular Switches
  02 Oct 2023, indianretailer.com
  Panasonic Life Solutions India (PLSIND), renowned as the largest manufacturer of Electrical Switches and one of the country’s leading ECM companies, has officially launched its latest modular switches – Akina and Regent…
• World Coffee Day: ‘Grounded’ for Success- Coffee’s Climb to the Top in Retail
  02 Oct 2023, indianretailer.com
  In the dynamic landscape of the retail sector, characterized by its peaks and troughs and ever-evolving consumer inclinations, the transformation in the popularity of two iconic beverages, coffee and tea, is a captivating phenomenon to behold…
• Powerlook Partners with Flipkart and Myntra to Expand its Fashion Presence in India
  02 Oct 2023, indianretailer.com
  Powerlook, a rapidly growing direct-to-consumer (D2C) menswear fashion brand, is delighted to announce a strategic collaboration with e-commerce giants Flipkart and Myntra, aimed at introducing its latest collection to a wider audience…
• INDIA’S TALLEST MALL SAYA STATUS LEASES 50% OF MALL SPACE
  30 Sep 2023, rprealtyplus.com
  SAYA Group, a pioneer in the real estate sector, is one of the most prestigious real estate developers based in Noida. The Group is primarily synonymous with quality, commitment towards customers, reliability, and excellence in architecture…
• JioMart logs 7X growth in monthly orders via WhatsApp
  30 Sep 2023, retail.economictimes.indiatimes.com
  “With the partnership with Meta, JioMart has witnessed 7x growth in monthly orders through WhatsApp compared to the same period last year. The user-friendly functionality of the platform has also enabled a 6X month-on-month growth in new customer conversion on JioMart-on-WhatsApp,” according to the release…
• Licious sees losses narrow 38%, revenues advance 9.5%
  30 Sep 2023, retail.economictimes.indiatimes.com
  Licious’s total expenses for FY23 stood at Rs 1,309.3 crore, up from the Rs 1,191.5 crore it had spent the previous year. Cost of materials consumed, which in Licious’s case would mostly constitute the purchase of meat and fish products, totalled Rs 644.7 crore, against Rs 554.3 crore in FY22…
• Tussle between online, offline retail makes comeback after three years this festive season
  30 Sep 2023, retail.economictimes.indiatimes.com
  The retailers fear that the brands may undertake deep discounts on their online exclusive and end of life models whose supplies will be focused on e-commerce platforms considering almost all are carrying excess unsold inventory which they want to clear off in the up-coming festive sales…
• Marico’s Saugata Gupta appointed ASCI Chairman
  30 Sep 2023, thehindubusinessline.com
  The Advertising Standards Council of India has updated its code with norms for the education sector, charitable causes, health and financial influencers..
• FabriCare by D’Decor expects to clock Rs 100 crore revenue in first year of operations
  30 Sep 2023, retail.economictimes.indiatimes.com
  During phase 1, out of the 2,000 point-of-sales of D’Decor – including MBOs and EBOs, FabriCare is available at 400 point-of-sales in the top 100 cities. Currently, The brand has no plans to introduce it online…
• Tanishq, Malabar Gold and other jewellery giants put their hallmark on small towns
  30 Sep 2023, retail.economictimes.indiatimes.com
  As much as 70% of Tanishq’s 436 stores are outside large cities – 38% in places with 200,000-plus population and 32% in smaller towns – with the remaining 30% in metros and mini-metros, chief executive Ajoy Chawla said. Some of these are located in places such as Kudal in Maharashtra’s Sindhudurg district, Bhawanipatna and Angul in Odisha, and Mirzapur and Balia in Uttar Pradesh…
• Amorepacific Group eyes 40 pc revenue from MBOs in the next 3-4 years
  30 Sep 2023, retail.economictimes.indiatimes.com
  The group has recently entered into partnerships with conglomerates like Reliance’s Tira and Tata Cliq’s Palette to expand its offline presence. The brands of the group are also available at various channels like e-commerce, MBOs, and some of its own stores…
• After bumpy 3 quarters of 2023, online sellers see 15% rise in festive sales
  30 Sep 2023, retail.economictimes.indiatimes.com
  Sellers expect a minimum 15 per cent online sales growth compared to last year’s festive event, with the median growth figure of 26 per cent sales increase expected. E-Commerce platforms are tailoring solutions to meet the optimism of sellers and as a consequence of which, seller perceptions around support provided by eTailing platforms have seen an uptick…
• Amazon Great Indian Festival 2023 Promises Exclusive Deals and Shopping Experiences
  30 Sep 2023, indianretailer.com
  The highly anticipated festive extravaganza in India, the ‘Amazon Great Indian Festival’ (GIF), is set to kick off on October 8th, 2023, with 24 hours of early access exclusively for Prime members…
• Magniflex India Expands Retail Presence with New Dealership Outlet in Hyderabad
  30 Sep 2023, indianretailer.com
  Magniflex India has inaugurated a brand-new dealership outlet at Nhance in Jubilee Hills, Hyderabad. Nestled in an affluent neighborhood to cater to a discerning lifestyle, this dealership…
• DriveX Expands Offline Presence with New Store in Bengaluru
  30 Sep 2023, indianretailer.com
  DriveX, India’s pioneering fully integrated pre-owned two-wheeler platform, has officially inaugurated its flagship store in Bengaluru, Karnataka…
• Tira by Reliance Retail Brings Innovative Beauty Retail to Hyderabad
  30 Sep 2023, indianretailer.com
  Reliance Retail’s pioneering omnichannel beauty retail platform, Tira, is making its mark in Hyderabad with the grand opening of its first store. Following the success of its Mumbai stores…
• The Role of Fashion Retail in Body Positivity and Diversity
  30 Sep 2023, indianretailer.com
  The dynamic world of fashion is recognizing inclusivity and celebrating individuality, the retail industry is playing a huge role in promoting body positivity and diversity…
• Walmart Foundation Empowers Coffee Farmers to Thrive Through Sustainable Practices and Technology Adoption
  30 Sep 2023, indianretailer.com
  As World Coffee Day approaches, Indian coffee farmers are celebrating remarkable advancements in yield and revenue, thanks to their adoption of cutting-edge farming methods and technologies…
• Swarovski Creators Lab and PUMA Illuminate Fashion with a Crystal-Infused Collaboration
  30 Sep 2023, indianretailer.com
  Swarovski Creators Lab, a hub of innovation, creativity, and boundary-pushing in the realm of high-end fashion, proudly announces its partnership with the renowned sports company, PUMA…
• The Role of AI in E-Commerce industry and its impact
  30 Sep 2023, indianretailer.com
  As someone deeply involved in the world of business, I’ve been keeping a close eye on the remarkable potential that Artificial Intelligence (AI) brings to the table…
• P&G India Empowers Women Entrepreneurs Through WEDP
  30 Sep 2023, indianretailer.com
  Procter and Gamble India (P&G India) has collaborated with WEConnect International to host the latest edition of the Women Entrepreneur Development Program (WEDP)…
• Transformation of Homes Into Sustainable and Healthier Environments to Live
  30 Sep 2023, indianretailer.com
  At Blutherm, we believe in homes into sustainable and healthier environments to live in. We understand the importance of creating spaces that not only benefit the environment but also enhance the well-being of the residents. Our approach focuses on several key aspects that need to be addressed for creating the ideal living environment…
• LT Foods Expands Super Food Lineup with ‘Daawat Quick Cooking Red Rice’
  30 Sep 2023, indianretailer.com
  LT Foods, the more than 70-year-old global FMCG company of Indian origin, has broadened its Super Food offerings with the introduction of ‘Daawat Quick Cooking Red Rice,’ catering to health enthusiasts…
• Eveready Unveils Enhanced Ultima Alkaline Batteries with ‘KhelengeTohSikhenge’ Campaign
  30 Sep 2023, indianretailer.com
  Eveready Industries India Ltd (EIIL), India’s leading battery brand with over 50 percent market share in the battery category, has unveiled its upgraded Ultima Alkaline batteries range with a dynamic campaign titled ‘KhelengeTohSikhenge.’…
• HealthMug Partners with ThriveCo to Offer Clinical Personal Care Solutions
  30 Sep 2023, indianretailer.com
  HealthMug Pvt. Ltd a prominent online health and wellness platform, is delighted to announce its strategic partnership with ThriveCo, a brand under Anveya Living Private Limited, specializing in the delivery of clinically effective and regimen-based personal care products…
• BLive Partners with RunR Mobility to Introduce Revolutionary EVs to Indian Market
  30 Sep 2023, indianretailer.com
  BLive, in collaboration with RunR Mobility, is set to launch its innovative range of electric vehicles (EVs) at BLive EV stores across India. Based in Gujarat, RunR Mobility specializes in the manufacturing of 100 percent indigenous smart electric scooters equipped with swappable batteries…
• Clear Premium Water Introduces ‘NU’ Brand in India
  30 Sep 2023, restaurant.indianretailer.com
  Clear Premium Water has set sustainability targets with aspirations to achieve plastic neutrality by 2027, attain net-zero carbon emissions by 2030, and reach water positivity by 2030…
• Wendy’s® unveils its new Flavour Fresh range
  30 Sep 2023, restaurant.indianretailer.com
  Wendy’s has a presence in more than 20 cities throughout India with 120 plus outlets. Among these, three traditional Wendy’s restaurants in India are operated by Rebel Foods…
• Third Wave Coffee Secures $35M in Series C Round Led by Creaegis and Joined by WestBridge Capital
  30 Sep 2023, restaurant.indianretailer.com
  The company plans to utilize this capital for nationwide expansion, strengthening its supply chain, improving its operational capabilities, and making strategic investments in technology…
• Rosso Brunello Unveils the Exquisite “1989 Icon” Collection Elevating Luxury Leather Footwear
  30 Sep 2023, indianretailer.com
  Rosso Brunello, a renowned name in the realm of premium leather footwear, is delighted to introduce its highly anticipated “1989 Icon” collection. This exceptional range sets a new pinnacle for craftsmanship, style, and opulence, signifying a momentous stride in the footwear industry…
• Pringles and The Caviar Co Join Forces to Present the “Crisps and Caviar Collection”
  30 Sep 2023, indianretailer.com
  Pringles and The Caviar Co. have embarked on a collaborative venture aimed at offering an exceptional flavor fusion – the “Crisps and Caviar Collection.”…
• WildBrain CPLG and SEGA Expand Sonic Prime Licensing Partnerships After Second Season’s Success
  30 Sep 2023, indianretailer.com
  WildBrain CPLG, a renowned global entertainment, sport, and brand licensing agency, is extending its licensing agreements for Sonic Prime, the hit Netflix series, in collaboration with SEGA of America, Inc…
• Fablestreet’s Leap into the World of Offline Retail
  30 Sep 2023, indianretailer.com
  In an age where e-commerce reigns supreme, Fablestreet, the fashion-forward online brand, has decided to take a bold step into the world of physical retail. Its move to open offline stores is a testament to its belief that any successful brand should be channel-agnostic…
• WAVE CINEMAS FORAYS IN GURUGRAM WITH MULTIPLEX AT M3M URBANA PREMIUM
  29 Sep 2023, rprealtyplus.com
  Wave Group announced the grand opening of Wave Cinemas, Gurgaon, a premium 7-screen multiplex at the resplendent M3M Urbana Premium, Sector 67, Gurgaon, aiming to revolutionize India’s cinematic experience with a magical, immersive, and fascinating experience…
• Emami acquires 26% stake in Axiom Ayurveda
  29 Sep 2023, retail.economictimes.indiatimes.com
  Axiom has a range of carbonated beverages that include mocktails and energy drinks.​ It is also present in​​ the Ayurvedic healthcare juice segment under the Jeevan Ras brand. Sharing about its own manufacturing facility in Ambala, Haryana, the firm said it is also setting up a fully automated new facility in Jammu (Kathua) at a total cost of Rs 160 crore…
• Food inflation basket a matter of concern, says Nestle India CMD Suresh Narayanan
  29 Sep 2023, retail.economictimes.indiatimes.com
  “Inflation this year has been slightly lower compared to last year, but still there are worries about availability of some commodities that we deal with. The one that is of concern is coffee; coffee prices are extremely high. Wheat prices have also gone up substantially,” Narayanan…
• Lulu Group opens mall in Hyderabad, plans Rs 3,500 cr investment
  29 Sep 2023, retail.economictimes.indiatimes.com
  Lulu group Chairman Yusuff Ali said they were committed to invest Rs 3,500 crore over the next three years in Telangana. The investment will be in a destination shopping mall, mini malls and agriculture sourcing, logistics and processing hub for facilitating 100 per cent exports…
• Festive fever may light up ecommerce sales by 16%
  29 Sep 2023, retail.economictimes.indiatimes.com
  Sales in terms of gross merchandise value are likely to be between $9.7 billion and $11 billion this festive season, rising roughly 15-16% from a year earlier, according to data. Companies are betting on premiumisation and non-urban markets…
• Myntra expects 8 million shoppers during Big Fashion Festival sale
  29 Sep 2023, retail.economictimes.indiatimes.com
  After recording a 70 per cent year-on-year growth for D2C players this quarter on the platform, Myntra said the BFF will see over 1.6 lakh styles and 50 new made-in-India D2C brands under the Myntra Rising STARS…
• Flipkart, Amazon to kick off festive season sales on October 8
  29 Sep 2023, retail.economictimes.indiatimes.com
  According to a Redseer report, ecommerce sales are expected to grow 18-20% to around $11 billion during the upcoming festive season and at least 140 million shoppers will be transacting online during this season…
• Barbeque Nation, Red Apple Kitchen jointly acquire 53.3% stake in Blue Planet Foods
  29 Sep 2023, livemint.com
  Barbeque Nation Hospitality Limited (BNHL) and Red Apple Kitchen Consultancy Pvt Ltd (Toscano) said on Wednesday they are jointly acquiring a majority stake in Blue Planet Foods Private Ltd…
• Festive demand to remain muted in rural consumption sector: Sunil Duggal
  29 Sep 2023, retail.economictimes.indiatimes.com
  ​So, as far as the staples sector is concerned, I think we are going to see two-three quarters, maybe two quarters of subdued demand and after that things could work up leading into the 2024 elections…
• L’amant Café introduces organic Vietnamese coffee to Indian market
  29 Sep 2023, retail.economictimes.indiatimes.com
  The company announced this at the ongoing World Coffee Conference 2023 in Bengaluru on Thursday. L’amant Café is also expected to launch its own Cafés and stores in India by end 2025…
• FSSAI asks food vendors, consumers not to use newspapers for food packaging
  29 Sep 2023, retail.economictimes.indiatimes.com
  The Food Safety and Standards Authority of India (FSSAI) has warned food vendors and consumers against using newspapers for packing, serving, and storing food items due to significant health risks. The FSSAI highlighted that the ink used in newspapers contains harmful materials that can contaminate food and cause health issues. ..
• Boult bets on offline expansion in push to double revenue in FY24
  29 Sep 2023, retail.economictimes.indiatimes.com
  Indian wearables brand Boult is expanding its presence in offline retail stores, aiming to double its revenue in FY24. The company, which has primarily focused on online sales since its inception in 2017, plans to tap into a network of over 2,500 retail stores across 13 states. Boult has also started selling its audio products and smartwatches in the UK and is eyeing entry into the US and other regions through Amazon…
• What’s Driving India’s Post-Covid Shopping Mall Frenzy
  29 Sep 2023, bqprime.com
  Footfall and consumer spending in shopping malls are currently better than pre-Covid levels, with larger ones doing better as they create a destination within themselves, according to the real estate industry…
• Reliance Retail Expands Youth-Focused Fashion Retail “Yousta” to Bilaspur
  29 Sep 2023, indianretailer.com
  Reliance Retail, India’s foremost retail leader, marks the expansion of its youth-centric fashion retail concept, “Yousta,” with the opening of a new store in Bilaspur…
• BROOKFIELDASUS Expands Retail Presence with Third Select Store in Mumbai
  29 Sep 2023, indianretailer.com
  ASUS has announced the opening of its third ‘Select Store’ in Mumbai. Situated in Lamington Road, Grant Road East, Mumbai, this store will showcase a wide range of top-quality refurbished ASUS consumer laptops, gaming PCs, creator series laptops, desktops, and other ASUS products, all available at affordable prices…
• Third Wave Coffee Brews Success with $35M Series C Funding, Creaegis Takes the Lead with WestBridge Capital in Tow
  29 Sep 2023, indianretailer.com
  Third Wave Coffee, a quick service restaurant (QSR) specializing in coffee and food products, successfully secured $35 million in a Series C funding round, under the leadership of Creaegis, with the active participation of its existing investors…
• BROOKFIELDVoyage Eyewear Introduces the Voyage Air Collection
  29 Sep 2023, indianretailer.com
  Voyage Eyewear, a prominent name in the Indian retail eyewear industry, has introduced its highly anticipated eyeglass range, the Voyage Air Collection…
• Winni Launches Premium Line Of Chocolates With Healthier Snacking Choices
  29 Sep 2023, indianretailer.com
  India’s second largest online gifting platform, admired for its wide range of curated gifting products including cakes, flowers & and customized gifts for every occasion and relationship, has launched its premium range of chocolates to fulfill the massive demand it has experienced in the last 5 years in tier-2 & tier-3 cities…
• Visual Product Discovery: Future of Online Shopping in India
  29 Sep 2023, indianretailer.com
  Shoppers know exactly what they are looking for but have a hard time finding it using text search and are often recommended an overwhelming selection of unrelated products…
• How Bright is the Future of Luxury Consumption in India
  29 Sep 2023, indianretailer.com
  Over the next decade, the Indian luxury market is well poised to see positive growth on the back of economic development, greater connectedness, and policy reforms, all of which will offer a plethora of opportunities for luxury companies to serve young, affluent, connected, and confident Indian consumers…
• Dia Mirza Invests in BabyChakra to Promote Non-Toxic Care for Mothers and Children
  29 Sep 2023, indianretailer.com
  BabyChakra, a leading parenting community and direct-to-consumer (D2C) babycare brand, which is part of the content-to-commerce conglomerate Good Glamm Group, is excited to announce a significant investment from actor and UN Goodwill Ambassador Dia Mirza…
• Upsilon Expands into Women’s Fragrance Segment with Special Anniversary Offer
  29 Sep 2023, indianretailer.com
  Upsilon, a renowned name in the world of premium fragrances, has unveiled an exquisite collection of women’s perfumes, marking a significant foray into the realm of women’s scents…
• Blue Tribe Foods Achieves Plastic Neutrality Milestone with Sustainability Seal
  29 Sep 2023, indianretailer.com
  Blue Tribe Foods, the innovative plant-based meat brand endorsed and invested in by Bollywood sensation Anushka Sharma and cricket maestro Virat Kohli, has reached a significant milestone in its journey towards sustainability…
• Myntra Unveils Big Fashion Festival with Over 23 Lakh Styles
  29 Sep 2023, indianretailer.com
  As the festive season approaches, Myntra is set to kick off its most extensive festive fashion celebration, the Big Fashion Festival (BFF). This fourth edition of BFF is primed to offer an unparalleled assortment of over 23 lakh styles from more than 6000 brands, encompassing fashion, beauty, and lifestyle products…
• Myntra Beauty Expands Its K-Beauty Selection with Numbuzin, Peripera, Axis-Y, and Isntree
  29 Sep 2023, indianretailer.com
  Myntra Beauty is bolstering its array of Korean Beauty (K-Beauty) products by welcoming popular brands such as Numbuzin, Peripera, Axis-Y, and Isntree…
• Developing India’s Retail Space For Generations To Come
  29 Sep 2023, irecwire.indianretailer.com
  Matching pace with omnichannel retail, distinct players across India are blending online-to-offline shopping experiences with live entertainment to make malls are the more thrilling…
• Impresario Promotes Ranveer Sabhani to Chief Business Officer
  29 Sep 2023, restaurant.indianretailer.com
  Impresario Entertainment and Hospitality Pvt. Ltd. (Impresario), a player in India’s food services industry known for popular brands such as SOCIAL, Smoke House Deli, BOSS Burger, and more, has appointed Ranveer Sabhani as its newly appointed Chief Business Officer…
• BROOKFIELDBurgrill Expands with Three New Outlets in Jaipur
  29 Sep 2023, restaurant.indianretailer.com
  Burgrill diverse menu includes a range of options such as healthy bowls, wraps, subs, beverages, and more QSR Chain Burgrill declared its forthcoming expansion in Jaipur…
• DLF Hospitality Welcomes Rachit Dang as Assistant VP of Restaurants
  29 Sep 2023, restaurant.indianretailer.com
  Rachit Dang will play a critical role in shaping the strategy and overseeing the day-to-day operations of several DLF restaurants DLF Hospitality has announced the appointment of Mr. Rachit Dang as the Assistant Vice President of their Restaurant Division…
• One8 Commune Opens in Gurgaon
  29 Sep 2023, restaurant.indianretailer.com
  True Palate Café has introduced its latest establishment, One8 Commune Gurgaon, making it the seventh location in India…
• KKCL’s Junior Killer Launches High Street Kids’ Fashion Brand in India
  29 Sep 2023, indianretailer.com
  Junior Killer, the latest high street kids’ fashion brand under Kewal Kiran Clothing Limited (KKCL), made its debut in the city today, elevating the style quotient for young fashionistas…
• Ashna Vaswani Expands Product Portfolio with Zehba Collection
  29 Sep 2023, indianretailer.com
  Renowned in the Indian retail fashion industry, Ashna Vaswani presents its latest collection, Zehba, showcasing an opulent wedding trousseau adorned with pristine shells, opulent pearls, and resplendent gotta patti…
• Oberoi Realty to develop 13,450 sq meters land in Mumbai
  28 Sep 2023, realty.economictimes.indiatimes.com
  Currently, there are structures on the said land which are tenanted by Municipal Corporation of Greater Mumbai in favour of various persons…
• Aditya Birla Fashion acquires 51 pc stake in TCNS Clothing, becomes promoter
  28 Sep 2023, retail.economictimes.indiatimes.com
  “The acquisition is in line with the company’s objective of building a comprehensive fashion portfolio across consumer segments and price points,” according to ABFRL…
• SLMG Beverages targets Rs 10,000 crore revenue by 2025
  28 Sep 2023, retail.economictimes.indiatimes.com
  SLMG plans to open two new plants this year and triple its capacity by 2030 to meet the growing demand for beverages in India. Additionally, the company has invested in sustainable practices, such as using electric vehicles and recycling water…
• BellaVita eyes to become the biggest perfume brand of India by this fiscal end
  28 Sep 2023, retail.economictimes.indiatimes.com
  In Q4 of this fiscal, it is also planning to foray into international countries like Bangladesh, Nepal, Thailand, the US, and Maldives via distribution and online retail…
• BROOKFIELDA $1 billion bite: When it comes to crunch desi snack packs are ‘King’ for Haldiram’s
  28 Sep 2023, retail.economictimes.indiatimes.com
  In the year ended March 2023, Haldiram’s snacks sales hit ₹9,215 crore ($1.1 billion), a 19% increase from a year ago, according to Nielsen data cited by industry officials. In comparison, PepsiCo’s snack sales were ₹6,430 crore ($773 million) while Gujarat-based Balaji Wafers took in ₹5,296 crore ($637 million)…
• Flipkart merges tech and product ops of travel and epharmacy biz
  28 Sep 2023, retail.economictimes.indiatimes.com
  The integration has come ahead of Flipkart’s flagship festive season sale of BigBillionDays, which may kick off on October 7 or 8 – two to three days ahead of rival Amazon’s festive sale that is set to start on October 10…
• Reliance Brands introduces global luxury label AFEW Rahul Mishra
  28 Sep 2023, retail.economictimes.indiatimes.com
  Reliance Brands Ltd has launched a new luxury label called AFEW Rahul Mishra in collaboration with Indian designer Rahul Mishra. The collection, which includes women’s clothing, jewelry, bags, and shoes, was presented at the Palais de Tokyo in Paris. AFEW Rahul Mishra will be available online and in flagship stores, followed by exclusive stores in key fashion cities…
• Myntra unveils AI-powered interactive chatbot for better shopping experience
  28 Sep 2023, retail.economictimes.indiatimes.com
  The chatbot offers a more natural conversational search experience, similar to interacting with a sales assistant. Initially, Maya will be available to 10% of Myntra’s user base, with plans to expand its availability in the future. Myntra aims to further develop Maya’s capabilities, including summarizing ratings and reviews, aiding with size selection, and adding voice and image capabilities…
• Nestle betting big on India’s growing coffee consumption culture
  28 Sep 2023, thehindubusinessline.com
  Globally, the coffee business has been one of the key strategic growth drivers for Nestle. The Swiss packaged food major is now betting big on the fast-growing coffee culture in India too and gearing up for higher demand…
• New smaller FMCG packs leave distributors in pain
  28 Sep 2023, retail.economictimes.indiatimes.com
  New smaller packs are “placing extra burden on retailers as they have to keep on adding new packs, leading to inventory management challenges, and impacting distribution efficiency,” said Dhairyashil Patil, national president of All India Consumer Products Distributors Federation (AICPDF)…
• E-comm, FMCG, retail sectors contribute 27 pc to total warehousing demand since 2019: CBRE-In
  28 Sep 2023, retail.economictimes.indiatimes.com
  Within the retail sector domain, hypermarkets (51 per cent) and fashion & apparel (32 per cent) companies dominated the share in warehousing demand…
• Lulu shopping mall opened in Hyderabad
  28 Sep 2023, thehindu.com
  U.A.E.-based retailer Lulu Group on September 27 opened its first shopping mall in Hyderabad and reiterated the ₹3,500 crore investment committent it had made to Telangana for a clutch of projects ranging from a 2 million square feet destination mall to a food processing facility…
• Smartsters Unveils Its Flagship Retail Store
  28 Sep 2023, indianretailer.com
  Smartsters, fueled by childlike curiosity, is bringing a touch of wonder to Crosswords! Brace yourselves, parents and children, as Smartsters launches its inaugural Shop-in-Shop concept at Crossword’s flagship retail store…
• Samosa Singh Expands Retail Footprint with Opening of Flagship QSR in Mumbai
  28 Sep 2023, indianretailer.com
  Samosa Singh, a venerable name in the Indian Snacking Industry, is thrilled to announce the inauguration of its very first Quick Service Restaurant (QSR) in Mumbai…
• Winni Launches Premium Line Of Chocolates With Healthier Snacking Choices
  28 Sep 2023, indianretailer.com
  India’s second largest online gifting platform, admired for its wide range of curated gifting products including cakes, flowers & and customized gifts for every occasion and relationship, has launched its premium range of chocolates to fulfill the massive demand it has experienced in the last 5 years in tier-2 & tier-3 cities…
• PCOS Awareness Month: How D2C Brands in India are Stepping Up to Empower Women with PCOS
  28 Sep 2023, indianretailer.com
  Polycystic Ovary Syndrome (PCOS) is a complex hormonal disorder that affects millions of women around the world. PCOS often leads to a range of dermatological symptoms, including acne, pigmentation changes, and hair loss…
• MARS Cosmetics Debuts New Retail Experience in the Heart of New Delhi
  28 Sep 2023, indianretailer.com
  MARS Cosmetics, a renowned name in the beauty and makeup industry, has unveiled its first kiosk, introducing an exciting and immersive shopping adventure to the vibrant heart of New Delhi…
• U&i Unveils Affordable ‘Budget Series’ Neckbands
  28 Sep 2023, indianretailer.com
  Hit the road worry-free, knowing that your audio gear won’t run out of battery life. U&i, a leading brand in gadgets, accessories, and consumer electronics, has introduced two highly cost-effective ‘Budget Series’ neckbands, designed for those in search of a sleek and lightweight wireless neckband that can keep up with their all-day audio needs…
• Works of Heaven Unveils Outdoor Chair Collection
  28 Sep 2023, indianretailer.com
  As spring approaches, it’s the perfect time to contemplate rejuvenating your backyard or discovering ways to enhance the ambiance for socializing, relaxation, and al fresco dining in your gardens, patios, and terraces…
• RR Décor Unveils Akasa Collection, Elevates Interior Luxury in India
  28 Sep 2023, indianretailer.com
  Indulge in the charm of RR Décor’s newest masterpiece, the “Akasa Collection,” which effortlessly combines sophistication and comfort, allowing you to create a space that truly mirrors your distinct style and personality…
• Indulgeo Essentials Presents the Ultimate Brow Care Combo for Perfect Brows
  28 Sep 2023, indianretailer.com
  Perfecting your brow game is an art, and the Ultimate Brow Care Combo from Indulgeo Essentials is your trusted partner on this beauty journey. This comprehensive set serves as your all-in-one solution for achieving flawlessly styled brows…
• TERRA Launches Premium Eco-Friendly Personal Care Products
  28 Sep 2023, indianretailer.com
  TERRA a renowned manufacturer of premium eco-conscious and organic personal care products, is making its debut in the Indian market following the resounding success of its groundbreaking Organic Biodegradable Baby Wipes in the USA and its home market of New Zealand…
• BROOKFIELDMeolaa Pioneering Sustainable and Ethical Fashion in India
  28 Sep 2023, indianretailer.com
  Meolaa, the ultimate destination for eco-conscious yet contemporary shopping, is poised to revolutionize the world of fashion and consumerism. In a bustling world teeming with chaos, Meolaa serves as your compass through the enchanting realm of sustainable style…
• One8 Commune Opens in Gurgaon
  28 Sep 2023, restaurant.indianretailer.com
  True Palate Café has introduced its latest establishment, One8 Commune Gurgaon, making it the seventh location in India…
• Chai Sutta Bar Expands with Four New Bengaluru Outlets
  28 Sep 2023, restaurant.indianretailer.com
  Chai Sutta Bar has been garnering attention in South India for its distinct tea, With the inauguration of these four establishments in Bengaluru, the brand is now aiming to establish a strong presence in the dynamic South Indian market…
• Burger Singh Expands in Nagpur with Two Outlets
  28 Sep 2023, restaurant.indianretailer.com
  They have successfully set up two Company-Owned Company-Operated (COCO) outlets in Sadar and Shradhanand Peth and have exciting plans to introduce two additional outlets strategically positioned within the city…
• abCoffee Raises $2M in Seed Round to democratize Specialty Coffee
  28 Sep 2023, restaurant.indianretailer.com
  The capital infusion will enable abCoffee to bolster its technological infrastructure, diversify its product offerings, and extend the reach of its budget-friendly specialty coffee through its retail grab-and-go outlets across India…
• Vega Expands into the Mother and Babycare Segment with Vega Baby and Mom
  28 Sep 2023, indianretailer.com
  Vega, a Hair Styler Appliance Brand and a prominent name in the personal and beauty care industry is venturing into the realm of mother and baby care with the launch of Vega Baby and Mom…
• Khadim India shares rise 8% as footwear retailer considers hiving off distribution business
  28 Sep 2023, businesstoday.in
  Shares of Khadim India Ltd surged 8% today after footwear retailer said it would consider hiving off its distribution business into a new wholly owned subsidiary…
• Omaxe Group acquires over five acres of land in Ludhiana for Rs 220 crore
  27 Sep 2023, realty.economictimes.indiatimes.com
  The acquisition was finalised at a bidding amount of Rs 220 crore, it added. Omaxe will develop both residential and commercial projects on this land parcel…
• ADIA looks to put $600 million into RIL’s retail business
  27 Sep 2023, retail.economictimes.indiatimes.com
  Abu Dhabi Investment Authority (ADIA) is reportedly looking to invest $600 million in Mukesh Ambani’s retail empire, Reliance Retail Ventures (RRVL), at valuations significantly higher than those in the previous round three years ago. ADIA already holds a 1.2% stake in RRVL, alongside other investors such as KKR and Qatar. ..
• Dry August dampens large FMCG pack sales
  27 Sep 2023, retail.economictimes.indiatimes.com
  The dry spell in August has caused downtrading in the fast-moving consumer goods (FMCG) sector in India. Buyers are shifting from larger packs to smaller ones due to financial stress and inflationary pressures. Smaller packs have grown at a faster pace than mid or high-priced packs across most FMCG categories. The rain deficit in August is believed to be fueling this downtrading phenomenon…
• The expanding men’s fashion market in India
  27 Sep 2023, retail.economictimes.indiatimes.com
  Ahead of ETRetail’s Fashion and Apparel Innovation Summit 2023, catch Amol Goel, Founder and CEO, Louis Stitch in an interesting conversation on ‘The expanding men’s fashion market in India.’…
• Winni sees growth in demand for premium chocolates from tier 2 and 3 cities
  27 Sep 2023, retail.economictimes.indiatimes.com
  ​In the last five years, Winni has sold Rs 75 crore worth of chocolates, from which the sale from tier 2 and tier 3 has accounted for a total of 55 per cent (40 per cent from tier 2 and 15 per cent from tier 3) surpassing the 40 per cent sales from tier 1 cities, the company shared…
• Myntra strengthens beauty portfolio ahead of marquee festival sale
  27 Sep 2023, thehindubusinessline.com
  E-retailer Myntra is strengthening its beauty portfolio ahead of its marquee festival sale. Nearly three out of four shoppers on the platform interact with the beauty vertical while one of every three women customers shop on Myntra Beauty, said Sharon Pais, Chief Business Officer, Myntra…
• Uniqlo appoints Katrina Kaif as its first Indian ambassador
  27 Sep 2023, retail.economictimes.indiatimes.com
  Katrina ​Kaif’s global icon status highlights Uniqlo’s strategic decision, leveraging India’s expanding fashion market and the youth demographic who admire her style and charitable endeavours…
• This festive season, bigger e-commerce sales set to light up volumes
  27 Sep 2023, retail.economictimes.indiatimes.com
  Ecommerce platforms in India, including Flipkart, Amazon India, Jiomart, Ajio, and Tata Neu, are set to offer steep discounts of up to 60% during the upcoming festive season sales. The companies have allocated a higher budget for online promotions this year, leveraging lower input costs…
• LuLu Group enters Telangana with 1st mall, 2 million sq ft mega complex next
  27 Sep 2023, timesofindia.indiatimes.com
  HYDERABAD: UAE-based retail biggie LuLu Group is all set to make its debut in Telangana with a 6 lakh sq ft mall at Kukatpally on Wednesday….
• HunyHuny Expands Its Retail Presence to Pune’s Phoenix Market City Mall
  27 Sep 2023, indianretailer.com
  HunyHuny, a trusted name renowned for its premium baby and mother products, has proudly announced the grand inauguration of its latest store in Pune’s Phoenix Market City Mall, Viman Nagar…
• abCoffee Bags $2 mn in Seed Funding to Expand Affordable Specialty Coffee Retail Across India
  27 Sep 2023, indianretailer.com
  abCoffee has announced a significant investment of $2 million in seed funding, with Tanglin Venture Partners leading the investment round…
• Lavie Sport launches Emperor Laptop Bag from Ranveer Singh’s Collection
  27 Sep 2023, indianretailer.com
  Lavie Sport, a pioneer in the world of fashion accessories and a renowned brand in crafting stylish and trendsetting fashion accessories, offers a diverse range of products tailored to meet the evolving needs of its discerning customers…
• Revitalizing Marketing Strategies in the Face of Soaring Gold Prices: A Comprehensive Approach by Jewellers
  27 Sep 2023, indianretailer.com
  As the global economy experiences fluctuations, one constant remains – the allure of gold. The recent surge in gold prices has posed both challenges and opportunities for the jewellery industry…
• bigbasket Promotes Wellness with Tata Ultra Marathon 10k Promo Run in Bengaluru
  27 Sep 2023, indianretailer.com
  In a resolute commitment to fostering health and wellness, bigbasket, a TATA Enterprise, organized the Tata Ultra Marathon 10k Promo Run on September 24, 2023, in Bengaluru, India…
• Urban Square Mall Enhances Entertainment with the PVR Cinema in Udaipur
  27 Sep 2023, indianretailer.com
  Urban Square Mall has unveiled a groundbreaking addition to its bustling shopping and entertainment complex—a brand-new 6-screen PVR cinema, complete with a lavish Gold Class experience…
• The Yellow Straw Sets New Health Food Milestones in Eastern India
  27 Sep 2023, indianretailer.com
  The Yellow Straw, the prominent juice and salad bar chain in Eastern India, is thriving and achieving significant milestones within the health food industry…
• Raman Greens Expands Product Portfolio with New Millet Products
  27 Sep 2023, indianretailer.com
  Raman Greens extends a warm invitation to snack enthusiasts to embark on a delectable journey where health seamlessly meets indulgence! In honor of the International Year of Millet, we are delighted to introduce an initiative that is poised to transform your snacking habits…
• Caprese Unveils the Stylish “Airport Collection” in India
  27 Sep 2023, indianretailer.com
  Caprese, a trailblazer in fashion innovation, is delighted to introduce the long-awaited “Airport Collection.” This exclusive assortment of travel bags and accessories is set to revolutionize travel fashion, enabling you to make a bold fashion statement not only at airports but also throughout your journeys in India…
• Yango Tech to Empower Traditional Indian Retail to Break Into E-grocery
  27 Sep 2023, indianretailer.com
  India’s e-grocery market, as per Grand View Research, is slated to grow at a CAGR of 37.1% from 2021 to 2028. While it’s tempting to test the murky waters of online supply chain, lack of experience and technological support have caused many a player to fall flat…
• The Indian Festive Season – A Catalyst for Retail Sector
  27 Sep 2023, indianretailer.com
  As the year 2023 unfolds, the retail sector in India is experiencing a remarkable resurgence, particularly within the mall segment. After enduring the constraints of the pandemic era, there is a palpable sense of optimism as people flock back to malls, indicating a long-awaited return to normalcy…
• Clear Premium Water Expands Product Portfolio with NUbyClear
  27 Sep 2023, indianretailer.com
  Clear Premium Water has made a significant announcement regarding the introduction of its natural mineral water brand, ‘NUbyClear,’ in India…
• Haldiram’s Unveils Inaugural Restaurant TV Commercial “Dhina Dhin Dha”
  27 Sep 2023, indianretailer.com
  Haldiram’s, the beloved brand renowned for its irresistible assortment of Indian snacks and delectable dishes, is thrilled to announce the debut of its first-ever restaurant television commercial, “Dhina Dhin Dha.”..
• Coach Unveils Men’s Watch Collection Blending Luxury and Style
  27 Sep 2023, indianretailer.com
  Coach, the globally acclaimed fashion brand renowned for redefining accessible luxury, has introduced its men’s watch collection in India…
• D2C Start-ups Across Varied Categories to Secure Funding in 2021
  27 Sep 2023, indianretailer.com
  In a country with over 650 million internet users, it is a no-brainer that innovative start-ups have seen a rapid surge in terms of their growth and other prospects. The Indian start-up ecosystem accommodates around 40,000 active start-ups operational in different fields…
• Maranello Unveils the Museo Collection: Where Functionality Meets Artistry in Architectural Hardware
  27 Sep 2023, brandlicense.indianretailer.com
  Drawing inspiration from the works of renowned artists and artistic luminaries, the Museo Collection stands as a vivid embodiment of Maranello’s relentless pursuit of technological excellence and boundless design innovation…
• How green buildings can bridge the gap between capex and opex in the long run
  26 Sep 2023, realty.economictimes.indiatimes.com
  Buildings are responsible for 37% of global CO2 emissions and, due to its variety and complexity, there is a need for a broad variety of strategies and efforts to digitize, decarbonize and ultimately bring our built environment closer to net zero…
• Dunzo may get $30-35 million lifeline from Reliance, Google, others; more cost cuts on anvil across biz
  26 Sep 2023, retail.economictimes.indiatimes.com
  To secure the much-needed cash, Dunzo has also proposed to halve its monthly burn rate to $300,000 and trim its headcount to just around 200, the people said. Until September, the company had a monthly burn of about $600,000 after at least three rounds of job cuts and scaling its business down in the past few months owing to a severe cash crunch…
• ETRetailCafe: Urbanic’s James Wellwood on building the fast fashion brand
  26 Sep 2023, retail.economictimes.indiatimes.com
  James Wellwood shared how he started the brand and transformed it to become a preferred choice of consumers. He said, “Our focus is to provide the good- quality latest fashion trends at affordable prices.”…
• Dabur India appoints Narendra Agrawal as Global CIO
  26 Sep 2023, retail.economictimes.indiatimes.com
  Previously, he was IT Head, Nutrition & Sales, HUL. Agrawal has 13 years of industry experience in technology transformation & leadership and has worked with companies like Capgemini and Amdocs in the past…
• Flipkart, Amazon eye share of Gen Z wallet
  26 Sep 2023, retail.economictimes.indiatimes.com
  Walmart’s Flipkart and Amazon are both targeting Gen Z consumers in India. Amazon recently launched a next-gen store for this cohort, and Flipkart has responded with Spoyl, an app-in-app fashion platform. Both companies are investing in technology to attract and retain these young consumers…
• With eye on Bharat, Snapdeal says it’s close to profitability
  26 Sep 2023, retail.economictimes.indiatimes.com
  With e-commerce expected to grow significantly going ahead, Snapdeal ensures to focus on budget-conscious shoppers who seek both value and quality in their purchases…
• Flipkart Ventures invests in five early-stage tech startups through its Flipkart Leap Ahead program
  26 Sep 2023, retail.economictimes.indiatimes.com
  The startups including Algomage, Castler, FlexifyMe, NimbleBox.ai, and ReCircle will receive equity-based investments ranging from $250K to $500K to further build capabilities for Gen AI and ML-powered solutions, digital escrow banking stack, and circular economy…
• Consumers intent to shop online, spend more this festive season: Survey
  26 Sep 2023, retail.economictimes.indiatimes.com
  The survey found that over 77 per cent of consumers affirmed that online festive shopping events enhance the convenience of their online shopping experience with options like faster delivery. According to the survey, 76 per cent of Indian consumers purchase luxury and authentic beauty brands during online festive shopping events…
• Trent scripts a new retail story with Zudio
  26 Sep 2023, financialexpress.com
  Analysts at Motilal Oswal expect Trent to cross Rs 10,000-crore in consolidated topline in the next one year, growing at about 31-32% per annum over the next few years…
• Local FMCG players take the fight to big companies
  26 Sep 2023, retail.economictimes.indiatimes.com
  Rajkot-based snacking firm Balaji Wafers, which has been aggressively wooed by PepsiCo’s Indra Nooyi and other large snacks giants, is setting up its first plant in North India, in Lucknow. ..
• FMCG companies witness strong growth on quick commerce platforms
  26 Sep 2023, thehindubusinessline.com
  FMCG companies are betting big on quick commerce channels. This comes at a time when consumers are increasingly turning to platforms such as Blinkit, Zepto and Swiggy Instamart for not only their impulse purchases but also for regular planned purchases…
• Reliance dynasty: Ambani’s scions may have a holding giant in new future
  26 Sep 2023, retail.economictimes.indiatimes.com
  Mukesh Ambani, Asia’s richest person and chairman of Reliance Industries, is expected to guide his children – Akash, Isha, and Anant Ambani – as they take on leadership roles in the company. This move is part of a succession plan to prevent disputes among the siblings. Additionally, it is believed that Reliance Industries may eventually transition into a holding company structure, which would provide clearer distinctions between divisions and enhance shareholder value…
• Rs 3900 crore in Lucknow, Kochi, Hyderabad, Lulu Group’s Rs 3000 next crore move to erect huge mall in…
  26 Sep 2023, dnaindia.com
  Dubai-based Lulu Group run by Kerala-born billionaire Yusuf Ali is set to open its sixth mall in India this week. The Group invested Rs 300 crore to revamp an already constructed mall to open up its space in Hyderabad…
• Myntra Introduces AI-Powered Chatbot “Maya”
  26 Sep 2023, indianretailer.com
  Myntra, one of India’s leading fashion, beauty, and lifestyle e-commerce destinations, has unveiled an innovative AI-powered chatbot, “Maya,” designed to elevate and customize customers’ shopping experiences while expediting their decision-making process…
• ASUS ROG Expands Retail Footprint with First Patna Store
  26 Sep 2023, indianretailer.com
  ASUS India, Republic of Gamers (ROG), the top gaming brand, has inaugurated its maiden ROG store in Patna and the second store in the East India zone (Jharkhand, Orissa, Bihar), marking a significant milestone in India’s retail landscape…
• Kalyan Jewellers Expands Retail Presence in India with New Showroom in Bhubaneswar, Odisha
  26 Sep 2023, indianretailer.com
  Kalyan Jewellers, one of India’s foremost and highly regarded jewelry brands, has officially opened its latest showroom at Master Canteen in Bhubaneswar, Odisha…
• Coach Unveils Men’s Watch Collection Blending Luxury and Style
  26 Sep 2023, indianretailer.com
  Coach, the globally acclaimed fashion brand renowned for redefining accessible luxury, has introduced its men’s watch collection in India…
• RS announces Significant Expansion of RS PRO Product Range for Industrial Automation Applications
  26 Sep 2023, indianretailer.com
  National, 22nd September 2023 – RS, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions, today announced it has significantly extended its RS PRO offering with the launch of 4,000 new products aimed at industrial automation applications…
• Ensuring Eye Health: Quality Control and Regulation in D2C and Retail Lens Sales
  26 Sep 2023, indianretailer.com
  In an era dominated by digital screens and virtual interactions, the significance of maintaining optimal eye health has surged to the forefront of public consciousness…
• Apparel Group India Appoints Aditya Roy Kapur and Janhvi Kapoor as Brand Ambassadors for ALDO India Collection
  26 Sep 2023, indianretailer.com
  In a significant move within the retail fashion industry in India, Apparel Group India, a prominent player in the fashion and lifestyle sector, has proudly unveiled Bollywood celebrities Aditya Roy Kapur and Janhvi Kapoor as the brand ambassadors for the upcoming ALDO India collection…
• VAHDAM India Opens First Experience Store in Iconic Khan Market, New Delhi
  26 Sep 2023, indianretailer.com
  VAHDAM India, a prominent Indian tea and wellness brand deeply rooted in the country, is taking India’s finest teas and spices worldwide. The brand has just unveiled its inaugural ‘Experience Store’ at the renowned Khan Market in New Delhi…
• Cadiveu Unveils Hair Care Line in India Infused with Rose Quartz and Plant Protein
  26 Sep 2023, indianretailer.com
  In a remarkable stride forward within India’s retail hair care industry, we are delighted to introduce our pioneering collection of hair care products from Cadiveu…
• Blaupunkt Expands Product Portfolio with PS150 and PS75 Party Speakers
  26 Sep 2023, indianretailer.com
  Blaupunkt has recently introduced two highly anticipated party speakers, the PS150 and PS75, set to redefine the music listening experience…
• EXCLUSIVE: Rahul Mishra and Indian Retail Giant Reliance Detail Strategy for Joint Venture Brand
  26 Sep 2023, wwd.com
  Almost a decade after his first show at Paris Fashion Week, Rahul Mishra is back in the French capital to launch his new ready-to-wear brand backed by Reliance, the industrial giant that is riding a boom in India’s economy to stoke the growth of domestic and international luxury brands…
• Strong infusion . Smell the coffee: How a retail war is brewing
  26 Sep 2023, thehindubusinessline.com
  In 2012, when coffee giant Starbucks entered India, John Culver, the president of Starbucks in Asia said, “We are going to move as fast as we possibly can to take advantage of the opportunity that exists in India.”…
• ‘Hybrid Could Unleash Alt-Seafood’: Vegan Fish Startup Seaspire on Indian Consumers, Launching in Foodservice and Why Retail Isn’t Viable Yet
  26 Sep 2023, greenqueen.com.hk
  Seaspire made waves last year after piloting its bio-printed whole-cut vegan snapper at foodservice locations in India and New Zealand…
• Vahdam India goes omnichannel, opens first experience store in Delhi
  25 Sep 2023, retail.economictimes.indiatimes.com
  Going ahead, the brand will be opening, its experience centres in metro and tier I cities at both malls and high streets. The average size of the stores will be 800 sq.ft…
• Mastering the omnichannel shift: Balancing act for retail & FMCG success
  25 Sep 2023, retail.economictimes.indiatimes.com
  This is now a proven hypothesis, as we have many examples of purely online companies, opening up brick and mortar ‘Experience Centres’ or available at different retail formats for customers to gain confidence in their products, company etc. and many traditional single channel companies, now having their own ‘Online Platform’ or available on multiple e-commerce platforms…
• India growing more than other markets for Lladro: global chief
  25 Sep 2023, retail.economictimes.indiatimes.com
  Spanish luxury porcelain brand Lladro is planning to increase its investment in India, as it sees potential for growth in the market. India currently accounts for 11% of Lladro’s global sales, and the company plans to develop online sales and open more mono-brand stores in the country…
• Instacart names Sequoia partner, ex-COO Ravi Gupta to board
  25 Sep 2023, retail.economictimes.indiatimes.com
  Instacart named former chief financial and operating officer Ravi Gupta to its board of directors Friday, formalizing a move after the grocery technology company went public earlier this week…
• For startups, customer is king and consultant
  25 Sep 2023, retail.economictimes.indiatimes.com
  In competitive ecommerce, founders and execs directly connect with users for mkt insight…
• Appliances and consumer electronics sales expected to grow 20% during festivals backed by cricket World Cup
  25 Sep 2023, retail.economictimes.indiatimes.com
  TV makers, including LG Electronic, Panasonic and Thomson, expect increased number of replacements of conventional and small-size TV screens with large-size smart TV panels above 55 inch screen size. Premium and ultra-premium ranges of QLED and OLED TVs are also expected to be in much demand during the World Cup from October 5 to November 19…
• Gaurs Group buys two projects for Rs 700 crore
  25 Sep 2023, realty.economictimes.indiatimes.com
  The Noida land will be used for a Grade-A retail and office project. At Jaypee Greens, the real estate company will develop and deliver two stalled residential towers, along with the creation of an additional 1.5 million sq ft of space, the people said…
• The 4D’s of Restaurant Business
  25 Sep 2023, indianretailer.com
  The restaurant business can be understood in the 4D’s because today the Restaurant scene feels different in the ebb and flow of service, how when, and what people order — the pandemic has meant seismic shifts for an industry defined by its resilience and adaptability, development…
• D2C Start-ups Across Varied Categories to Secure Funding in 2021
  25 Sep 2023, indianretailer.com
  In a country with over 650 million internet users, it is a no-brainer that innovative start-ups have seen a rapid surge in terms of their growth and other prospects…
• CASAGRAND ROPES ACTOR ANDREA JEREMIAH TO ENDORSE CASAGRAND PRIMROSE
  22 Sep 2023, rprealtyplus.com
  Casagrand, one of the leading real estate developers of South India, announced its latest association with acclaimed actor Andrea Jeremiah to endorse a uniquely designed community project, Casagrand Primrose…
• G SQUARE LAUNCHES PLOTTED DEVELOPMENT IN MAHABALIPURAM
  22 Sep 2023, rprealtyplus.com
  G Square, South India’s largest plot promoter and Tamil Nadu’s No.1 Real estate developer announced the launch of G Square Dynasty in Poonjeri, Mahabalipuram…
• MANGLAM GROUP UNVEILS LUXURY RESIDENTIAL MANGLAM RAMBAGH IN JAIPUR
  22 Sep 2023, rprealtyplus.com
  Leading the charge in redefining luxury living, Manglam Group has announced a groundbreaking investment of Rs 200 crore for the residential project – Manglam Rambagh…
• CAPITALAND COMMENCES REDEVELOPED INTERNATIONAL TECH PARK HYD OPERATIONS
  22 Sep 2023, rprealtyplus.com
  CapitaLand Investment Limited (CLI) has commenced operations for Phase I of the newly redeveloped International Tech Park Hyderabad (ITPH)…
• Arrow appoints Anand Aiyer as CEO
  22 Sep 2023, retail.economictimes.indiatimes.com
  Launched in India in 1993, Arrow currently has over 200 exclusive stores and has presence in over 1,000 multi-brand outlets in 109 cities across the country.​​..
• Apple bites big, turns largest smartphone exporter from India
  22 Sep 2023, retail.economictimes.indiatimes.com
  Apple’s robust performance since it began manufacturing in the country in 2017 was driven by a ramp-up in production by three of its contract manufacturers – Foxconn, Wistron, and Pegatron – from the second half of 2022 with the production of iPhone 14 and below to cater to the growing Indian market as well as exports…
• L’Oreal expands operations in India, enters dermocosmetic market
  22 Sep 2023, retail.economictimes.indiatimes.com
  L’Oreal India Managing Director Aseem Kaushik said the entry is significant for India where the ratio of dermatologists to consumers is one of the lowest in the world (0.7 dermatologists for every 1,000 people). “We believe everyone deserves access to expert dermatological care and effective skincare solutions. Skin health is the foundation of beauty and with LDB we aim to deliver on our promise to both Indian dermatologists and patients,” he said…
• Profit margins of 11 listed retail entities to moderate by 120 bps to 5.2% in FY2024 : ICRA
  22 Sep 2023, retail.economictimes.indiatimes.com
  Post the pandemic, fashion retailers focused on rapid expansion of their store networks in FY2023, given the muted store expansions during the pandemic period in FY2021 and FY2022. Overall, the retail space area increased YoY by 27% (aided by a low base), with retailers in ICRA’s sample set spending Rs 1,460 crore towards capex in FY2023, despite the demand slowdown in the value fashion segment…
• Indian consumer spending likely to be higher this festive season: Report
  22 Sep 2023, retail.economictimes.indiatimes.com
  A survey by Deloitte has found that Indian consumer spending is expected to increase during the festive season, driven by purchases of celebratory items and luxury goods. The survey also revealed that half of the participants believe they can handle unexpected expenses. Consumer spending is set to rise in the short term, particularly in clothing, personal care, and recreation…
• Myntra boosts female workforce in preparation for festive season demand
  22 Sep 2023, retail.economictimes.indiatimes.com
  Myntra, an Indian fashion e-commerce company, is increasing the percentage of women in its warehouse and contact center operations for the upcoming festive demand. This year, 21 out of every 100 people in these operations will be women, compared to 16 in normal times. The company aims to foster diversity and inclusion in the workplace and plans to hire women from economically disadvantaged backgrounds for roles such as picking, packing, sorting, and unpacking…
• Senco Gold & Diamonds launches virtual showroom ‘Sencoverse’ on metaverse
  22 Sep 2023, retail.economictimes.indiatimes.com
  Indian jewellery retailer Senco Gold & Diamonds has launched its first virtual showroom, called Sencoverse, on the metaverse. The platform aims to offer customers a more personalised and seamless shopping experience by bringing the brand’s exquisite jewellery to life in the virtual realm…
• Cigarette demand likely to rise by 7-9% this fiscal: Crisil
  22 Sep 2023, retail.economictimes.indiatimes.com
  The return of employees to offices and a stable tax regime are expected to increase cigarette demand by 7-9% this fiscal year, according to a report by Crisil Ratings. Cigarette volumes rebounded by 18% in the last fiscal year after two years of decreased demand due to the pandemic…
• Pan India warehousing demand outgrows supply by 1.4x in January-June, rents up 10%
  22 Sep 2023, retail.economictimes.indiatimes.com
  The demand for warehousing in India has exceeded supply by 1.4 times during the first half of 2023, according to a study by CREDAI-CRE Matrix. The country’s Grade-A Warehousing stock has reached 163 million sq ft, with 9.4 million sq ft added during this period. The Mumbai Metropolitan Region and NCR accounted for half of the new supply, while 54% of the demand came from organizations in MMR and Pune…
• Tata Consumer leads race for maker of Ching’s Secret, values co at Rs 5,500 cr
  22 Sep 2023, retail.economictimes.indiatimes.com
  Will buy around 70% in first tranche; existing shareholders finalising rollover plans. Nestle, Kraft Heinz were the other contenders in fray. The potential buyout will pit Tata co against Nestle’s Maggi, which leads the Rs 5,000 crore branded instant noodles market…
• Organised sector brick and mortar apparel retailers to post 7-8% revenue growth this fiscal: Crisil
  22 Sep 2023, retail.economictimes.indiatimes.com
  Organized brick and mortar apparel retailers in India are projected to experience 7-8% revenue growth this fiscal year, driven by increased demand during the festival and wedding season. Despite inflation affecting discretionary spending in the first quarter, store expansion in Tier II and III cities will contribute to growth…
• Top Taiwanese laptop-maker Asus is moving its key supplier from China to India
  22 Sep 2023, retail.economictimes.indiatimes.com
  The company will collaborate with contract manufacturer Flex to establish a new factory in Chennai, taking advantage of the government’s production-linked incentive scheme for IT hardware. With a market valuation of $15 billion, Asus aims to expand its production operations in India and become the second or third-largest manufacturing site globally…
• Casio to start local manufacturing of watches in India by the end of 2023
  22 Sep 2023, retail.economictimes.indiatimes.com
  Japanese consumer electronics maker Casio plans to begin local manufacturing of watches in India by the end of this year. Casio India is working with a local partner to conduct quality evaluations and aims to launch its first Made-in-India range of watches before the year ends…
• Meesho expands into branded products segment with Meesho Mall
  22 Sep 2023, retail.economictimes.indiatimes.com
  Dhiresh Bansal, Chief Financial Officer at Meesho, said, “This strategic expansion into branded products aligns with our goal of offering a diverse and affordable selection to our consumers while being an enabler for several emerging and regional brands looking to tap a larger audience across the country.”…
• Indian diamantaires seek pause on rough stones’ supply/strong>
  22 Sep 2023, retail.economictimes.indiatimes.com
  The overall gross exports of cut and polished diamonds between April and August of FY24 was $ 7028.31 million – a decline of 30.27% from $10079.94 million in the year-ago period. The import of rough diamonds has also dipped to $6428.13 million during the period from $7865.40 million during the same period of the previous financial year…
• DeVANS ventures into premium spirits
  22 Sep 2023, livemint.com
  GianChand single malt maker DeVANS Modern Breweries Ltd aims to diversify into various spirit categories including premium gin, whisky, and stout beer…
• Brands seeing increased opportunities to tap into Tier-2, Tier-3 cities
  22 Sep 2023, business-standard.com
  With the population in Tier-2 and Tier-3 cities almost at par with Tier-1 counterparts, brands are seeing increased opportunities to tap into this growing space…
• ‘Economy gaining steam even as global growth slows’
  22 Sep 2023, retail.economictimes.indiatimes.com
  According to a report by the Reserve Bank of India, the Indian economy is showing signs of strength due to increased private consumption and public sector capital expenditure. The report also predicts that global growth will be lower in the coming years, with emerging economies like India becoming key drivers of the global economy. ..
• JCPenney India appoints Kaushik Das as MD
  22 Sep 2023, retail.economictimes.indiatimes.com
  Prior to joining JCPenney, Das was associated with Giant Eagle as Global Senior Director of Operations and Analytics…
• Honasa Consumer’s brand The Derma Co. reached over Rs 350 crore annual run rate in the Apr-Jun quarter
  22 Sep 2023, retail.economictimes.indiatimes.com
  The company shared that it aims to grow its sales volumes by acquiring new consumers and cross-selling new products to existing customers. “In order to continue to increase the wallet share and repeat orders from existing customers and attract new consumers in a cost-efficient manner, it is important for us to maintain the quality, trustworthiness, and authenticity of our brands and products, continue to innovate and develop new product categories,” it added…
• Demand seen strong for iPhone 15 Pro models
  22 Sep 2023, retail.economictimes.indiatimes.com
  The Pro models, which are imported, have seen heavy demand during the pre-booking phase, and despite Apple ensuring its highest ever launch-phase stock of 270,000-300,000 units as reported by ET earlier, resellers and retail stores have sold out their stocks in the pre-booking phase itself. They are now quoting a waiting period till the first week of October for delivery…
• US furniture maker Haworth to expand its presence and manufacturing footprint in India
  22 Sep 2023, thehindubusinessline.com
  It inaugurated its largest showroom and Global Shared Services Centre in India spread across 26,000 sq ft in Chennai…
• PUMA India Sets New Sustainability Standard in Retail with IoT-Enabled Clean Air Initiative
  22 Sep 2023, indianretailer.com
  PUMA India, a leading sports brand, has embarked on a groundbreaking venture in the Indian retail sector by introducing a sustainable shopping paradigm for its customers this festive season…
• Artarium to Launch Innovative Home Decor Products, Aims to Open Retail Store Soon
  22 Sep 2023, indianretailer.com
  Artarium, a prominent home decor company, is gearing up to significantly increase its investment in Research and Development (R&D) and is poised to introduce a disruptive range of products by the close of 2023…
• Virtual and augmented reality can be central to revolutionising Indian retail
  22 Sep 2023, indianretailer.com
  People buy with their eyes. The entire shopping experience is sensory. Despite the significant increase in online shopping in India, customers still like to see what their purchases look like — on themselves, in their home, in their car…
• Kiddoze Collabs with Peppa Pig to Revolutionize Child Nutrition
  22 Sep 2023, indianretailer.com
  Fundoze, the company dedicated to promoting happiness, health, and an active lifestyle, is delighted to unveil an exciting partnership between their renowned brand, Kiddoze, and the beloved character Peppa Pig…
• How to Decode The Gen Z Style Statement
  22 Sep 2023, indianretailer.com
  The famous designer Ralph Lauren once said, “I don’t design clothes. I design dreams.” Fashion is most aspirational and is more a way of expression than just something to wear…
• Boddess Beauty Appoints Mansi Sharma as Creative Director to Drive Private-Label Brand Expansion
  22 Sep 2023, indianretailer.com
  Boddess Beauty and House of Beauty has promoted Mansi Sharma to the role of Creative Director. In addition to her role as Co-founder, Mansi will now assume a pivotal role in nurturing and expanding the portfolio of private-label brands within Boddess Beauty…
• Senco Gold and Diamonds Unveils Virtual Jewellery Showroom on Metaverse
  22 Sep 2023, indianretailer.com
  Senco Gold and Diamonds, a renowned jewellery retailer in India with a legacy spanning over five decades, has embraced the ever-evolving digital landscape by introducing ‘Sencoverse,’ its inaugural virtual showroom on the metaverse…
• AJIO’s ‘All Stars Sale’ Offers Exclusive Discounts on 1.5 mn Fashion Styles and Adds 500 New Brands!
  22 Sep 2023, indianretailer.com
  AJIO has unveiled its flagship event, the ‘All Stars Sale,’ in partnership with Marks and Spencer, Lee, and Wrangler. This fashion extravaganza, commencing on September 22, offered early access to customers for a limited period from September 17…
• Mensa Brands’ Dennis Lingo Expands into Women’s Fashion with DL Woman
  22 Sep 2023, indianretailer.com
  Dennis Lingo, a subsidiary of Mensa Brands, is embarking on an exciting journey into the realm of women’s fashion with the introduction of DL Woman…
• How Paree Sanitary Pads is Leading the Feminine Hygiene Revolution in India
  22 Sep 2023, indianretailer.com
  Since its establishment in 2015, Paree Sanitary Pads, a division of Soothe Healthcare, has been disrupting the feminine hygiene industry in India. Led by Sahil Dharia, Founder and CEO, Paree Sanitary Pads, the brand has experienced remarkable growth and made significant strides in menstrual health awareness and accessibility…
• How VAHDAM India is Disrupting 200 Years of Tea & Spice Tradition
  22 Sep 2023, indianretailer.com
  VAHDAM India, the country’s largest home-grown wellness brand, offers the finest Indian teas and spices under a sustainable-ethical brand, eliminating middlemen…
• H&M India Expands Its Retail Presence with a New Store in Hyderabad
  22 Sep 2023, indianretailer.com
  H&M India, an international retail brand renowned for its commitment to sustainable fashion and quality at affordable prices, celebrates the grand opening of its third store in Hyderabad…
• Meisterwurst Launches Premium Cold-Cut Meats in Delhi and Gurgaon
  22 Sep 2023, indianretailer.com
  Delhi and Gurgaon meat enthusiasts are in for a treat as Meisterwurst, the globally renowned brand specializing in premium cold-cut meats, is set to redefine culinary experiences in the region…
• How Tata CLiQ Luxury is Redefining Indian Fashion with ‘Indi Finds’
  22 Sep 2023, indianretailer.com
  In a dynamic world of ever-evolving fashion trends and consumer preferences, Tata CLiQ Luxury, India’s premier luxury platform, has embarked on an exciting journey with the launch of Indi Finds. This innovative endeavor is set to redefine the Indian fashion landscape, offering a unique blend of affordability, fashion-forward sensibilities, and sustainability…
• The Impact of Indian D2C Brands on Wearables and Hearables
  22 Sep 2023, indianretailer.com
  Brookfield India Real Estate Trust (BIRET) launched its qualified institutional placement (QIP) issue to raise Rs 1,500 crore…
• Shopping centre industry to grow at ~17% from 2022 to 2028, emerging as catalyst for economic growth, says Deloitte-SCAI report
  20 Sep 2023, financialexpress.com
  India’s retail industry is poised for exponential growth, with private consumption projected to expand to $4.5 trillion by the end of the decade, according to a a survey-based joint report by Deloitte India and the Shopping Centre Association of India (SCAI) titled “Recognising malls and shopping centres as a new-age industry”…
• TulipInfratech to invest Rs 280 crore in phase 2 of Gurugram project
  20 Sep 2023, realty.economictimes.indiatimes.com
  The Gurgaon-based developer purchased the property on Golf Course Road from PNB Housing Finance Ltd, which had taken over the 19-acre land in 2020 after its borrower Vipul Ltd defaulted on repayment of a Rs 412-crore loan taken for the project…
• Noise, Il Jin Electronics JV to boost manufacturing of smart wearables in India
  20 Sep 2023, retail.economictimes.indiatimes.com
  Homegrown connected lifestyle brand Noise on Tuesday announced a joint venture with Il Jin Electronics, a subsidiary arm of Amber Enterprises India Ltd, to boost the manufacturing of smart wearables in the country…
• Cricketer Deepak Chahar launches own sports brand DNINE
  20 Sep 2023, retail.economictimes.indiatimes.com
  Talking about the brand, Chahar said, “The brand and products are inspired by my own journey. I have a goal to make the best products at affordable prices to cater to the middle class. My target audience is anyone who wants to live a healthy life.”…
• Vanity Wagon plans to double its revenue this fiscal
  20 Sep 2023, retail.economictimes.indiatimes.com
  Going ahead, it is planning to become a Rs 100 crore company in the next three years in terms of its top line…
• Myntra sees 50% on-year demand jump in home category as it gears up for festive season
  20 Sep 2023, retail.economictimes.indiatimes.com
  Myntra, an online seller of garments, has witnessed a 50% increase in demand for its home category. Myntra has added 50,000 new products and over 20 new brands in its home section before the upcoming festive season. Myntra believes that the festive season is an excellent opportunity for consumers to enhance their homes and upgrade their kitchens. The home furnishing segment, which includes items like bedsheets and curtains, is the primary focus for Myntra within its home portfolio…
• Why the rural market plays a key role towards the growth of the FMCG sector
  20 Sep 2023, retail.economictimes.indiatimes.com
  The urban market is saturated, and companies need to expand their reach to rural consumers for volume-based growth. With the increasing penetration of rural markets in India, a parallel rural marketing strategy is becoming the latest marketing mantra for most FMCG companies. They are no longer treating the rural market as a clearance ground for their lower-end products but are realising the need to focus on the unique requirements of rural customers…
• H&M India expands footprint in Hyderabad
  20 Sep 2023, retail.economictimes.indiatimes.com
  With this store launch in Hyderabad, H&M India now has 55 stores across 28 cities in the country.​​..
• Arvind Fashions to focus on fewer but stronger brands
  20 Sep 2023, financialexpress.com
  Less is more for apparel retailer Arvind Fashions, which is keeping its focus on six core brands to drive its business. The pivot comes as the company chooses to build fewer, but stronger brands, Kulin Lalbhai, vice-chairman and non-executive director, Arvind Fashions, said in a conversation with FE…
• Indkal Technologies to expand into personal audio space with own brand
  20 Sep 2023, thehindubusinessline.com
  Bengaluru-based Indkal Technologies, the official licensing partner of US-based power tools and home appliances BLACK+DECKER and Acer, will enter the personal audio space with its own label…
• Burger King may end Pepsi tie-up, sign with rival Coke
  20 Sep 2023, retail.economictimes.indiatimes.com
  The alignment with Coca-Cola is expected to be formalised and announced by the end of next quarter, the executives said. Burger King has been associated with PepsiCo since it came to India in 2014. Once the potential deal is formalised, the top two global burger chains in India – McDonald’s and Burger King – will be aligned with Coca-Cola…
• Nykaa AGM: CEO Falguni Nayar sees India’s rise as third largest consumer market globally by 2030
  20 Sep 2023, retail.economictimes.indiatimes.com
  India’s entrepreneurial spirit, as well as young and aspirational population makes it the “best place” to build consumer focused businesses and brands, Nayar said at the FSN Ecommerce Ventures’ Annual General Meeting (AGM) 2023, according to a release…
• ETRetailCafe: Ajoy Chawla on his 32-year-long journey at Titan
  20 Sep 2023, retail.economictimes.indiatimes.com
  Ajoy Chawla shares that being at Titan feels like being at home. He said, “Everything that I have learned in my professional life has really been at Titan.”…
• Nestlé casts net wider with ₹10 Maggi noodles
  20 Sep 2023, livemint.com
  Nestlé India Ltd’s noodle brand Maggi is making a big comeback at the ₹10 price point, as the packaged consumer goods company aims to stave off competition and claw back market share in smaller towns and villages with an attractive price point…
• Soon, Delhi may witness a Dubai-like shopping festival
  20 Sep 2023, retail.economictimes.indiatimes.com
  Delhi Chief Minister Arvind Kejriwal has announced plans for a Delhi Shopping Festival, similar to the Dubai Shopping Festival. The festival is expected to last for seven to ten days and will feature a virtual market called Delhi Bazaar, which aims to bring together all the shops in the city. Kejriwal also suggested the possibility of organizing multiple shopping festivals in different parts of Delhi, categorized by sector…
• Myntra experiments with tweaks in returns policy ahead of festive season
  20 Sep 2023, retail.economictimes.indiatimes.com
  The firm is now softening its stance on returns and, over the next few weeks, will experiment with a fee of Rs 15-30 per return after these high return-rate customers exhaust a set amount of free returns…
• Dabur scaling up Hajmola and Odomos to include them on its power brand list
  20 Sep 2023, retail.economictimes.indiatimes.com
  Currently, Dabur’s 75 per cent revenue comes from the domestic business. Its domestic business is concentrated in eight power brands — Dabur Chyawanprash, Dabur Honey, Dabur Honitus, Dabur PudinHara, Dabur Lal Tail, Dabur Amla, Dabur Red Paste, Real…
• Soch Apparels registers 60 pc topline growth, eyes to become Rs 1,000 crore brand in next 3-4 years
  20 Sep 2023, retail.economictimes.indiatimes.com
  This fiscal, the brand which is looking at a healthy double-digit growth, is planning to spend Rs 25-30 crore to open new stores, renovate old stores, for website development, roll out new merchandising and planning tools, and on tech and automation on the back end to strengthen its presence further…
• Price cuts, discounts trigger sales volume bounce for consumer companies
  20 Sep 2023, retail.economictimes.indiatimes.com
  Consumer goods companies that have implemented price cuts or promotional offers are experiencing a surge in demand, with sales volumes increasing by up to 25% in certain categories. Parle Products, a leading biscuit manufacturer, achieved a 20% growth in sales volume after offering price reductions…
• Role of premiumisation and pricing strategies in alcobev industry
  20 Sep 2023, retail.economictimes.indiatimes.com
  The pandemic had a prolonged impact on the brewing industry as the industry lost two full beer summer seasons, when sales are usually at its peak. Compounding the loss of sales were the huge losses due to expiries, both at the factory level as well as the stocks in trade which included huge elements of duties and taxes. The pent-up demand post the pandemic coupled with the huge increase in all input costs led to increased focus on quality which eventually led to the push towards premiumization…
• Amazon is poised to hire departing Microsoft product chief
  20 Sep 2023, retail.economictimes.indiatimes.com
  Panos Panay, who led Microsoft’s Windows team and was central to the company’s hardware push with its Surface computers, said he was leaving Microsoft earlier Monday…
• The iconic Chandni Chowk market will soon be online via ‘Delhi Bazaar’
  20 Sep 2023, retail.economictimes.indiatimes.com
  The Delhi government is creating a virtual market called ‘Delhi Bazaar’ to promote the city’s markets globally. The aim is to bring together popular stores on a single virtual platform, allowing people from around the world to explore and make purchases. The government plans to beautify other markets in Delhi to attract more visitors and boost business…
• No fruit in ‘fruit’ drinks: Starbucks dragged to court; consumer demands $5 million
  20 Sep 2023, livemint.com
  Starbucks is set to face a courtroom battle over allegations that some of its Refresher fruit drinks deceive customers by lacking actual fruit, despite fruit-flavoured names. US District Judge John Cronan in Manhattan has denied the coffee chain’s request to quash nine out of 11 claims in the pending class-action lawsuit…
• Blue Star launches QIP to raise Rs 1,000 cr; floor price at Rs 784.55
  20 Sep 2023, retail.economictimes.indiatimes.com
  A meeting of the Executive Management Committee of Blue Star is scheduled to be held on Friday to approve the “issue price of the equity shares” to be allotted to QIP buyers..
• Honor faces flak over pricing on smartphone launch day
  20 Sep 2023, retail.economictimes.indiatimes.com
  Chinese smartphone brand Honor has faced criticism over the pricing of its first device in India, leading to a permanent price cut. The smartphone was launched at Rs 37,999 but the company advertised a lower price during the launch, which included discounts and additional offers. However, potential customers expressed dissatisfaction with the bundled TWS earbud…
• Denmark’s retail furniture chain BoConcept to expand further in India
  20 Sep 2023, retail.economictimes.indiatimes.com
  Danish retail furniture chain BoConcept is eyeing further expansion in India, as the country is one of the fastest-growing markets for the company. BoConcept’s CEO, Mikael Kruse Jensen, stated that India is overtaking other growth markets, and the company is considering entering tier 2 cities. BoConcept currently has eight stores across six locations in India, and plans to expand into at least a couple more cities this year…
• Recode Studios Expands Retail Presence with 10th Store in Ludhiana
  20 Sep 2023, indianretailer.com
  Recode Studios, the retail brand founded in 2018, is thrilled to announce the grand inauguration of its 10th store in Ludhiana, marking a significant milestone in its journey. This expansion represents an initial investment of Rs 1.5 million and adds to the brand’s growing footprint in the retail landscape…
• Bagline Unveils Exclusive Tommy Hilfiger Travel Gear and United Colors of Benetton Collections in Pune
  20 Sep 2023, indianretailer.com
  Bagline, the renowned retail brand under Brand Concepts Limited, has introduced its latest collections of Tommy Hilfiger Travel Gear and United Colors of Benetton, featuring luggage, backpacks, business cases, and wallets, to the vibrant city of Pune in India…
• Indya by Shivani Poddar Expands Retail Footprint in India with New Indya Luxe Store Launch in New Delhi
  20 Sep 2023, indianretailer.com
  In response to the escalating demand for contemporary Indian attire among women beyond bridal occasions, Indya by Shivani Poddar has inaugurated its second and largest Indya Luxe store in India this September, following the first store’s launch in Bengaluru this June…
• Tim Hortons Expands its Presence to Bengaluru, India
  20 Sep 2023, indianretailer.com
  Tim Hortons, the renowned Canadian coffee chain, is poised to establish its presence in Bengaluru, India. As Karnataka, the coffee capital of India, proudly contributes over 70 percent of the nation’s coffee production, it’s only fitting that Tim Hortons selects this thriving landscape to introduce its latest haven for coffee enthusiasts…
• MK Jewels Launches Exquisite Ganpati Collection to Celebrate Ganesha Chaturthi
  20 Sep 2023, indianretailer.com
  MK Jewels, a prominent Gold and Diamond Jewelry brand, is delighted to announce the unveiling of their splendid Ganpati Collection in honor of Ganesha Chaturthi. This sacred occasion presents the ideal moment to introduce a range of stunning jewelry pieces that pay tribute to Lord Ganesha…
• Warehouse by Mudita’s BB Atelier: A Spectacular Kids’ Fashion Pop-Up Event in India’s Retail Scene
  20 Sep 2023, indianretailer.com
  Warehouse by Mudita, a pioneering luxury multi-designer retail outlet specializing in the liquidation of excess inventory, is thrilled to announce the much-anticipated Kids’ Fashion Pop-Up Event, The BB Atelier, scheduled for September 20th, 2023…
• The Body Shop Introduces Full Flowers Collection
  20 Sep 2023, indianretailer.com
  The British-founded international ethical beauty brand, The Body Shop, has unveiled an enticing range of Eaux de Parfum designed to immerse you in the realm of flourishing blooms…
• Looks Salon Defence Colony Completes 20-Year Legacy of Excellence
  20 Sep 2023, indianretailer.com
  Celebrating an impressive two decades of unwavering dedication and success, Looks Salon Defence Colony, a trailblazer in the realm of premium beauty and grooming services, is thrilled to announce its enduring commitment to customers…
• Bridging Fashion Gaps with Technology and D2C Excellence in India
  20 Sep 2023, indianretailer.com
  Urbanic, a London-based fashion brand, has quickly become a frontrunner in the fashion and apparel industry, revolutionizing the way consumers engage with fashion…
• Redefining Beauty Standards with Plus-Size Lingerie
  20 Sep 2023, indianretailer.com
  The fashion industry has long been associated with unattainable beauty standards, perpetuating a narrow portrayal of beauty that often alienates individuals who don’t fit into the prescribed mold…
• Apparel Exports Expected to Improve from H2 FY2024, on the Back of Expected Demand Recovery in US and EU Regions
  20 Sep 2023, indianretailer.com
  Despite a tepid demand environment in H1 FY2024, the end demand is expected to improve in H2 FY2024, boosting revenues…
• Nykaa’s CEO Foresees India as Third Largest Global Consumer Market by 2030
  20 Sep 2023, indianretailer.com
  Falguni Nayar, CEO of FSN E. Commerce Ventures, the parent company of Nykaa, has envisioned India’s ascension to the position of the world’s third-largest consumer market by 2030. Nayar expressed her excitement about Nykaa’s future prospects, according to an official statement…
• DaMENSCH Unveils #SoSoft Campaign to Promote Emotional Vulnerability in Men
  20 Sep 2023, indianretailer.com
  DaMENSCH has unveiled a new campaign titled #SoSoft, shedding light on seldom-acknowledged aspects of men. While men have traditionally been associated with strength and resilience, their emotional and vulnerable sides are often overlooked or disregarded…
• Levi’s Evolution: From Denim Icon to Diverse Lifestyle Brand
  20 Sep 2023, irecwire.indianretailer.com
  The Indian apparel industry is dynamic and driven by diverse consumer preferences. In 2022, it reached a market size of $172.3 billion, with projections indicating robust growth. The market is expected to soar to $387.3 billion by 2028, driven by a CAGR of 14.59 percent during 2023-2028…
• Salad Days now on Metaverse
  20 Sep 2023, restaurant.indianretailer.com
  Salad Days is preparing to introduce a collection of NFTs within the OneRare Foodverse, promising an engaging experience for food enthusiasts worldwide…
• Chai Sutta Bar Offers 9 Unique Tea Flavours at Agra Outlet
  20 Sep 2023, restaurant.indianretailer.com
  Chai Sutta Bar is known for its wide array of tea choices. The Agra location now has an impressive selection of 9 unique tea flavors…
• Miss Margarita Redefines Margarita Experiences in India
  20 Sep 2023, restaurant.indianretailer.com
  Miss Margarita has an extensive selection of tequilas and margaritas, offering a diverse range of flavors. The bar features more than 30 meticulously crafted margarita varieties, each promising a burst of taste with every sip…
• Bastian Hospitality Appoints Suvir Saran as Culinary Director
  20 Sep 2023, restaurant.indianretailer.com
  Bastian Hospitality Private Limited (BHPL), the brand behind some of the city’s most popular restaurants like Bastian and Bizza has appointed Suvir Saran as Culinary Director…
• Wok to Walk Opens its New Outlet in Delhi
  20 Sep 2023, restaurant.indianretailer.com
  Wok to Walk, the international chain of restaurants specializing in Asian cuisine and featuring an open kitchen concept, is expanding its presence in India by opening its latest branch in Safdarjung Development Area, New Delhi…
• Coffee Day’s 2022-23 Revenues Soar 59%, Debt Plummets
  20 Sep 2023, restaurant.indianretailer.com
  Coffee Day Enterprises’ (CDEL) net debt decreased to Rs 1,524 crore, which is a decline from the Rs 1,694 crore reported a year earlier…
• Burger Singh Expands Operations in West Bengal
  20 Sep 2023, restaurant.indianretailer.com
  The company has outlined its plan to inaugurate 15 new outlets in Kolkata and expand its footprint by adding 34 additional locations throughout the West Bengal region…
• WildBrain Expands Teletubbies Franchise with New Licensing Partnerships and Digital Ventures
  20 Sep 2023, brandlicense.indianretailer.com
  WildBrain has recently revealed an array of fresh Teletubbies licensing agreements and content collaborations, charting a course for brand expansion across various categories. This strategic move encompasses digital growth initiatives and exciting promotional endeavors in key global markets…
• Gemmy Industries Introduces 12-Foot Airblown Harry Potter Castle for Halloween
  20 Sep 2023, brandlicense.indianretailer.com
  Gemmy Industries, renowned for its seasonal lighting and decor creations, has unveiled an enchanting addition to its Halloween lineup—an Airblown Harry Potter Castle. Exclusively available at Sam’s Club for this season, this majestic castle archway stands an impressive 12 feet tall and deep…
• Glenmorangie’s A Tale of the Forest: A Botanical-Infused Whisky Experience
  20 Sep 2023, brandlicense.indianretailer.com
  For over 175 years, Glenmorangie’s whisky creators, led by the imaginative Dr. Bill, have tirelessly pursued the quest for exceptional single malts…
• HanesBrands and G-III Apparel Group Forge Strategic License Agreement for Champion and C9 Champion Outerwear in North America
  20 Sep 2023, brandlicense.indianretailer.com
  This landmark deal encompasses the creative design, manufacturing, and expansive distribution of outerwear for the esteemed Champion and C9 Champion brands exclusively in North America…
• Portronics Expands Product Portfolio with Beem 420 Multimedia Projector
  20 Sep 2023, indianretailer.com
  Portronics, a prominent player in India’s digital and portable consumer electronics retail sector, unveils the Beem 420, promising an immersive cinematic experience like never before…
• Flash.co Bags $6.7 mn Pre-Series A Funding to Transform Retail in India and Beyond
  20 Sep 2023, indianretailer.com
  Flash.co, founded by Ranjith Boyanapalli, has proudly announced the successful completion of its $6.7 million Pre-Series A investment round. Blume Ventures led the round, with co-leadership from existing investor PeerCapital, and participation from other loyal backers like White Venture Capital and Emphasis Ventures…
• oraimo Collabs with Actress Mrunal Thakur to Elevate Smart Accessory Space
  20 Sep 2023, indianretailer.com
  oraimo, a brand renowned for its commitment to enhancing everyday life with a blend of style and practicality, proudly announces its association with actress Mrunal Thakur, marking a significant stride to broaden horizons in the retail industry in India…
• Dabur India Aims to Achieve Rs 7,000 cr in HPC and Rs 5,000 cr from Healthcare Segment
  20 Sep 2023, indianretailer.com
  In an investor meet, the management of Dabur India, a prominent FMCG major, outlined their ambitious revenue targets for the retail market in India. The company aims to generate Rs 7,000 crore in revenue from the home and personal care segment and Rs 5,000 crore from the healthcare segment in the medium term…
• Nourishing Generations with Authentic Flavors since 1930s
  20 Sep 2023, indianretailer.com
  From a small dried fruit outlet in Mumbai to a global powerhouse in the food industry, ADF Foods has crafted a remarkable journey spanning nine decades. In a conversation with Indian Retailer Sumer Thakkar, Head of Strategy, ADF Foods, delves into the brand’s origin, global expansion, sustainability efforts, and its vision for the future…
• DaMENSCH Unveils #SoSoft Campaign to Promote Emotional Vulnerability in Men
  20 Sep 2023, retail.economictimes.indiatimes.com
  DaMENSCH has unveiled a new campaign titled #SoSoft, shedding light on seldom-acknowledged aspects of men. While men have traditionally been associated with strength and resilience, their emotional and vulnerable sides are often overlooked or disregarded…
• PRESTIGE REAL ESTATE LAUNCHES 3 MALLS IN 9 MONTHS MORE TO COME
  18 Sep 2023, rprealtyplus.com
  Prestige Real Estate Projects has been on a rapid expansion spree, with the inauguration of three new malls within the last nine months. However, this is just the beginning of their ambitious plans, as they have approximately 7-8 more malls currently in various stages of construction…
• Aerotropolis to be built next to Noida airport on 6,500 acres
  18 Sep 2023, realty.economictimes.indiatimes.com
  Within the commercial development, there are proposals for constructing shopping malls, exhibition halls and showrooms. Space will also be allocated for warehouses, freight complexes and logistics parks…
• Dabur eyes Rs 5,000 cr sales from healthcare in around 5 years
  18 Sep 2023, retail.economictimes.indiatimes.com
  Besides, the company expects demand for natural products like herbal and Ayurvedic to grow in line with increasing per capita income.The company will also have more premium products in the power brands as the number of upper-middle-class people would grow. Besides, consumption of Low Unit Packs (LUP) would also grow in the rural markets, said Dabur CEO Mohit Malhotra…
• Teacher’s whisky maker’s sales up, but losses widen
  18 Sep 2023, retail.economictimes.indiatimes.com
  Sales rose 54% to ₹1,163 crore during the year to March 2023, compared to ₹756 crore in FY22. Net losses increased to ₹299.7 crore last fiscal against ₹262.3 crore a year ago, as per latest filing with the Registrar of Companies. In FY21, it had net sales of ₹531 crore on net loss of ₹201 crore…
• Peepul Capital hires Avendus to sell stake in Unibic Foods
  18 Sep 2023, livemint.com
  Mid-market private equity firm Peepul Capital is looking to divest its stake in Unibic Foods India, an Indian branch of Australian premium cookie manufacturer Unibic Biscuits…
• Online fashion brand FableStreet forays into offline retail
  18 Sep 2023, retail.economictimes.indiatimes.com
  The CAPEX involved in opening one store can range anywhere Rs 30-50 lakh. The brand intends to achieve EBITDA profitability for each store within the first 2-3 months of operation and recover capital investments in 1-1.5 years…
• Coffee Day revenues jump 59% to Rs 924 crore in 2022-23, debt drops
  18 Sep 2023, retail.economictimes.indiatimes.com
  Company chairman SV Ranganath shared details of the revenue, sales, debt position and other details at the company’s annual general meeting (AGM) in Bengaluru on Friday. The listed company, founded by the late VG Siddhartha, runs cafes, vending machines and the hospitality business under the brand name Serai…
• Devil is in Details – How granular planning capabilities will drive next wave of growth for Apparel and Fashion Retailers
  18 Sep 2023, retail.economictimes.indiatimes.com
  A retailer’s mantra for successfully scaling up is simple – Open more stores, open them at the right locations, and then stock the stores with the right product assortment. Over the years, retailers have mostly figured out how to do the first part i.e., how to choose the right location for their stores optimally and scientifically. However, the second part of stocking the store with the right products continues to be a conundrum for most retailers because doing this requires knowing exactly what a customer wants before they walk into a store…
• Flipkart to create chat-led homepage: CPTO
  18 Sep 2023, financialexpress.com
  Flipkart is leveraging generative artificial intelligence and creating a multi homepage, where buyers can right swipe into a very clean chat-led home page, said Jeyandran Venugopal, chief product and technology officer of Flipkart…
• Local firms plan to take millets-based foods overseas
  18 Sep 2023, retail.economictimes.indiatimes.com
  Tata Consumer has announced it is taking its Soulfull brand of millet-based cereals to the UK in partnership with Tesco…
• Retailers see 25% surge in pre-bookings for iPhone 15
  18 Sep 2023, retail.economictimes.indiatimes.com
  The upcoming launch of the iPhone 15 in India is expected to be a hit, with pre-bookings already surpassing last year’s numbers by 20-25%, according to leading retailers. The base iPhone 15 and the costliest iPhone 15 Pro Max are the most popular variants…
• Everstone Sells 25% Stake in Restaurant Brands through Block Deals
  18 Sep 2023, restaurant.indianretailer.com
  Everstone Capital, the promoter of Restaurant Brands Asia, completed a block deal, selling a 25% stake in the company to a group of investors for a total of Rs 1,494 crore…
• Blue Tokai Coffee Roasters Bags Funding from Deepika Padukone
  18 Sep 2023, restaurant.indianretailer.com
  At present, the brand operates in India and Japan with 4 roasteries, over 80 physical outlets across major Indian cities and regions including Delhi NCR, Mumbai, Bangalore, Hyderabad, Kolkata, Chandigarh, Mohali and Pune…
• Indian Designer Sabyasachi Mukherjee Honors 100 yrs of Disney Storytelling
  18 Sep 2023, brandlicense.indianretailer.com
  India’s leading fashion designer Sabyasachi Mukherjee has unveiled an art piece that pays tribute to the iconic and beloved Mickey Mouse, as part of Create 100…
• Indian shopping centres are catalysts for economic growth: Deloitte−SCAI report
  16 Sep 2023, brandequity.economictimes.indiatimes.com
  The report highlights that malls and shopping centres account for a significant share of the organised brick-and-mortar retail sector. This segment is expected to grow at a rapid pace, with a projected ~17 percent CAGR from 2022 to 2028, outpacing the overall growth of the retail pie…
• India’s Mall Shopping Experience Taking a Leap Forward as a “New-Age Industry”
  16 Sep 2023, indianretailer.com
  India’s retail industry is poised for exponential growth, as private consumption is projected to expand to $4.5 trillion by the end of the decade. Deloitte India and the Shopping Centre Association of India (SCAI) have jointly launched a survey-based report titled “Recognising malls and shopping centres as a new-age industry”…
• RICS & AARVF MOU TO ELEVATE VALUATION STANDARDS
  16 Sep 2023, rprealtyplus.com
  The Royal Institution of Chartered Surveyors (RICS) and the Assessors and Registered Valuers Foundation (AaRVF) are pleased to announce the signing of a Memorandum of Understanding (MOU), marking a significant milestone in the real estate valuation and professional development sector…
• Japan’s largest cosmetics firm Shiseido bets on India growth with first launch in a decade
  16 Sep 2023, retail.economictimes.indiatimes.com
  Shiseido Co., Japan’s largest cosmetic company, is launching its makeup brand NARS Cosmetics in India in partnership with Shoppers Stop Ltd.’s Global SS Beauty Brands. The company plans to open 14 stores in New Delhi and Mumbai this year, as well as market NARS through Sephora shops. Shiseido aims to tap into the growing consumer market in India and diversify its earnings. The move comes after a previous retreat from the Indian market in 2015. Shiseido plans to introduce more brands to India in the future…
• Reliance attracts luxury brands from Gucci to Louis Vuitton to its space amid India’s economic boom
  16 Sep 2023, retail.economictimes.indiatimes.com
  Luxury brands such as Gucci, Cartier, and Louis Vuitton have signed leases for stores in Mukesh Ambani’s new Mumbai mall, taking advantage of India’s strong economic growth and increasing number of millionaires. The Jio World Plaza, located in Mumbai’s business district, is expected to open this year. Burberry, LVMH, Kering, and Richemont brands have also agreed to rent shops in the mall. With India’s growing population of millionaires and a projected 12% annual growth in the personal luxury market, luxury brands are seeking a meaningful presence in the country…
• Rural demand improving; gap with urban narrowing: Dabur
  16 Sep 2023, retail.economictimes.indiatimes.com
  While cooling inflation and early rains led to improvement in rural demand in the June quarter, rains have been erratic over the past two months, giving way to concerns about sustained recovery in rural demand – crucial for sustained growth of the FMCG sector. Dabur, which makes Vatika shampoo and Real juices, saw its rural volumes increase 8% in the April-June quarter, compared to the industry average of 4%…
• Deepika Padukone invests in specialty coffee brand Blue Tokai
  16 Sep 2023, retail.economictimes.indiatimes.com
  This investment is part of the company’s Series B funding round, during which Blue Tokai raised USD 30 million, led by A91 Partners. The company counts Anicut Capital, 8i Ventures, DSP Blackrock, Negen Capital, Mauryan Capital, and White Whale Ventures as its investors…
• Flipkart leverages GenAI to improve customer experiences
  16 Sep 2023, thehindubusinessline.com
  It plans to create chat-led experiences for its customers and sellers, upgrade the search function significantly based on LLMs, and build internal tools for productivity and efficiency..
• Yoga Bar expands portfolio with new brand Yoga Baby; forays in baby care segment
  16 Sep 2023, retail.economictimes.indiatimes.com
  Health foods maker Yoga Bar is entering the baby care category with the launch of its new brand, Yoga Baby. The brand will offer millet-based foods such as porridge mixes to meet the nutritional needs of young children. The products will be available online, in retail outlets, and on e-commerce platforms…
• Indian tea industry expects 8% decline in revenue this fiscal year due to fall in exports: Crisil report
  16 Sep 2023, retail.economictimes.indiatimes.com
  The Indian tea industry is expected to report an 8% decline in revenue this fiscal year due to a decrease in export volume, according to CRISIL Ratings. Operating profitability is also expected to fall for the second year in a row. However, low leverage and minimal capital expenditure are expected to keep credit profiles stable…
• Indian technical consumer goods market logs eight per cent growth, premium phones selling fast
  16 Sep 2023, retail.economictimes.indiatimes.com
  The Indian technical consumer goods (TCG) market saw an 8% increase in value during the first half of this year, compared to the same period last year, according to a report by German market research company GfK. While the smartphone segment experienced a slight reduction in volume, there was a substantial increase in overall value…
• E-tailers may log Rs 90,000 cr festive sales, says report
  16 Sep 2023, retail.economictimes.indiatimes.com
  Sales are expected to be driven by some 140 million shoppers who are likely to make online purchases at least once during the festive season, which typically runs from the onset of Navaratri to Diwali. The festive period is projected to drive about 17% of the annual e-commerce sales for 2023…
• Adore Group to invest Rs 200 crore in Gurugram project
  16 Sep 2023, realty.economictimes.indiatimes.com
  The project will be based on the Greek lifestyle and will include a clubhouse spread across 60,000 sq ft. Adore Group expects to generate Rs 1,000 crore in revenue from the project, which will consist of 12 towers and over 700 units. ..
• TISVA LAUNCHES FIRST STORE IN KOLKATA
  16 Sep 2023, rprealtyplus.com
  Tisva, the premium decorative and architectural lighting brand from Usha International, today launched its flagship store in Trinity Tower at 83, Topsia Road, in the upscale South Kolkata…
• ‘Made in India’ Apple iPhone 15 to cost more in India than US, Dubai
  16 Sep 2023, retail.economictimes.indiatimes.com
  The prices of the iPhone 15 in India are significantly higher compared to the US and Dubai, even though some of the phones are manufactured in India. The iPhone 15 Pro Max (1 terabyte) is priced at Rs 1,99,900 in India, a 51% increase compared to the US price of $1,599. The prices in Dubai are slightly lower than in India…
• Grasim eyes paint business entry in Q4 to step up market share fight for Berger, others
  16 Sep 2023, retail.economictimes.indiatimes.com
  Birla Opus: Grasim Industries, the flagship company of Aditya Birla Group, has announced the launch of its paints business called Birla Opus. The company plans to enter the decorative paints segment in the fourth quarter of FY24. Grasim aims to become the second-largest player in the market and has committed to investing around Rs 10,000 crore…
• L’Oreal aims to grow twice as fast as Indian beauty mkt
  16 Sep 2023, retail.economictimes.indiatimes.com
  “We estimate that the India beauty market should grow 9-10% CAGR. The intent is to grow at double this pace,” said Kaushik, who returned to India as MD following his assignments abroad, in January…
• Usha’s premium lighting brand Tisva forays into the Eastern mkt; sees 40% YoY growth
  16 Sep 2023, retail.economictimes.indiatimes.com
  The company plans to double its store count in the next 3 years, a top official of the company told ETRetail. The brand also sells via over 100 shop-in-shops and a direct dealer network of 500…
• Aditya Birla Group launches Louis Philippe brand in UAE, to expand presence in ME region
  16 Sep 2023, retail.economictimes.indiatimes.com
  Aditya Birla Fashion and Retail Ltd (ABFRL) plans to increase its retail footprint by launching several additional Exclusive Brand Outlets (EBOs) of its brands throughout the Middle East in the near future, Jacob John, company’s President – Premium Brands, said…
• Reliance-owned Hamleys opens Milan store with Italian franchise partner GP
  16 Sep 2023, retail.economictimes.indiatimes.com
  “Guided by our vision – crafting memories through the joy of play, we are looking forward to becoming a centerpiece store in the popular shopping and tourist destination of Corso Vittorio Emanuele II, Milan,” said Sumeet Yadav, CEO, Hamleys Global.Hamleys was founded in 1760 by William Hamley and acquired by Reliance Brands Limited (RBL) in 2019. Currently, it has a footprint of 191 stores spread across 15 countries…
• ONDC partners with Proxtera as first international buyer app for overseas B2B exports
  16 Sep 2023, retail.economictimes.indiatimes.com
  Proxtera is a meta-hub that connects B2B platforms and SMEs for trade and financing. It is part of the Business sans Borders (BsB) initiative of the Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA)…
• Apparel exports may improve from H2 FY24 due to expected demand recovery in US and EU regions: ICRA
  16 Sep 2023, retail.economictimes.indiatimes.com
  As per ​​​ICRA’s recent research note on the Indian apparel export industry, the apparel firms are expected to report a mild 2-3 per cent YoY increase in revenues to Rs 27,255 crore for FY2024…
• Swiggy expands footprint in Karnataka
  16 Sep 2023, thehindubusinessline.com
  Foodtech major Swiggy has expanded its footprint in Karnataka as it has partnered with over 4,000 restaurants in the state to offer fast ordering and delivery…
• Clensta onboards ex-Mamaearth Ashish Mishra as co-founder and CBO
  16 Sep 2023, retail.economictimes.indiatimes.com
  Prior to joining Clensta, Mishra headed the general trade, modern trade, HORECA, institutional, international, and alternate and salon business at Mamaearth. He has also worked with companies such as Reliance, Tata Group, VLCC, and Russian Medicom…
• Apple bets on trade-in program, repriced 14 series to drive iPhone sales in India
  16 Sep 2023, retail.economictimes.indiatimes.com
  Apple is offering up to Rs 67,800 in trade-in value for the iPhone 14 Pro Max and up to Rs 64,500 for the iPhone 14 Pro. Analysts expect trade-ins to be popular in India, particularly among young aspirational buyers looking to reduce upfront costs. Apple aims to capture a larger share of the secondary market through this program…
• Reliance Retail in talks with Gulf, Singapore funds on $1.5 bn injection
  16 Sep 2023, retail.economictimes.indiatimes.com
  Reliance Retail is India’s largest retailer and is led by Asia’s richest person Mukesh Ambani. The talks with investors are part of an internal targto raise $3.5 billion which the company wants to close by the end September, Reuters has reported. Of that, QIA last month announced a $1 billion investment and KKR & Co this week $250 million…
• Weaving profitability in fashion retailing
  16 Sep 2023, retail.economictimes.indiatimes.com
  In our lead-up to the Fashion and Apparel Innovation Summit 2023, Charu Lamba, Senior Assistant Editor, ETRetail discusses how fashion brands have weaved profitability in their business, with Deepak Aggarwal, Founder and MD, KAZO Fashion and Akhil Duggar Jain, Executive Director, Madame Apparels…
• Swiss Beauty eyes to be a Rs 1,000 crore brand by FY26
  16 Sep 2023, retail.economictimes.indiatimes.com
  This fiscal, the bootstrapped brand is eyeing to double its revenue from last fiscal and is planning to clock upward of Rs 400 crore…
• Amazon to stop accepting ₹2000 notes for Cash on Delivery services from THIS date. Details here
  16 Sep 2023, livemint.com
  E-commerce giant Amazon has shared an update on the acceptance of ₹2000 banknotes on cash on delivery services. As per Amazon’s FAQ on ‘using Rs. 2,000 notes for Cash on Delivery (COD) Payments and Cashloads’, the e-commernce company has said that starting from 19 September, they will stop accepting ₹2000 currency notes as cash…
• Maha: Amazon onboards 35k retailers
  16 Sep 2023, retail.economictimes.indiatimes.com
  The company has retailers from Mumbai, Pune, Nashik, Thane, Satara and Nagpur. The sellers belong to various categories, including kitchen, apparel, grocery, electronics, major appliances, home and furniture. At national level, the company has onboarded 3 lakh retail shop owners in 344 cities…
• 1 Hair Stop expects 30% YoY revenue growth in this fiscal; plans to open experiential store in Hyderabad
  16 Sep 2023, retail.economictimes.indiatimes.com
  1 Hair Stop (1HS) plans to open an experiential center in Hyderabad by October this year to engage consumers with the brand and products in real and immersive way, thereby enhancing its market presence…
• Rally in equities takes sheen off gold ahead of festive season
  16 Sep 2023, retail.economictimes.indiatimes.com
  Though the price of gold is on the higher side at Rs 59,000 per 10 gm compared to Rs 50,880 per 10 gm this time last year, sales would have been good had there not been a rally in the stock market, said Surendra Mehta, national secretary, Indian Bullion & Jewellers Association (IBJA)…
• Senco’s D-Street debut adds to brand’s glitter to push sales, footfall across stores
  16 Sep 2023, retail.economictimes.indiatimes.com
  Senco Gold had a stellar debut on the exchanges, listing at Rs 431, a premium of 36% over the IPO price in July. The issue was subscribed 73.34 times at the close, driven by heavy bidding from qualified institutional buyers on the last day. The part reserved for QIBs was subscribed by 180 times…
• MK Agrotech appoints Sridhar Vaidyanathan as COO
  16 Sep 2023, retail.economictimes.indiatimes.com
  Sridhar will be responsible for the Mysore-based company’s top-line and bottom-line growth, with a sharp focus on new product launches and expansion to new markets…
• Allana Group invests Rs 200 crore to set up pet food facility in India
  16 Sep 2023, retail.economictimes.indiatimes.com
  As part of its strategy, the company is set to introduce a line of protein-rich dried dog food premium products to the domestic market, branded as “Bowlers.” This strategic move is accompanied by a simultaneous diversification into the cat food segment, further broadening the company’s product range…
• Wipro aims to be among top three companies in lighting industry by FY25-end
  16 Sep 2023, retail.economictimes.indiatimes.com
  Wipro Consumer Care & Lighting aims to become one of the top three companies in the lighting segment by the end of FY2024-25, growing faster than the industry average. Despite challenges such as inflation and low rural consumer demand, the company plans to expand its offline presence in addition to being available online…
• Godrej and Boyce aim for larger market share in Godrej Interio biz
  16 Sep 2023, retail.economictimes.indiatimes.com
  According to Godrej Interio Senior Vice President (B2C) Dev Sarkar, the company has planned to expand its retail presence by launching 10 exclusive showrooms and 180 retailers over the next three years…
• Ashwin Sheth Group appoints Gauri Tandle as CFO
  16 Sep 2023, realty.economictimes.indiatimes.com
  Before this, Gauri Tandle was the CFO of Suraj Estate Group and has held different leadership positions at the Bhairaav Group, Basar Group of Companies, Essel Group and Prabhat Group of Companies…
• Godfrey Phillips India shareholders reject proposal to sell unmanufactured tobacco to Philip Morris Products
  16 Sep 2023, retail.economictimes.indiatimes.com
  As many as 57.94 per cent of the shareholders present at Godfrey Phillips India’s annual general meeting on September 1 voted against the “material related party transaction between the company and Philip Morris Products SA”…
• Shopsy gears up for festive season with annual sale; eyes over 2X growth
  16 Sep 2023, retail.economictimes.indiatimes.com
  Kapil Thirani, Head of Shopsy, Flipkart said, “This time there has been a distress in tier 2 and 3 cities where discretionary spending has reduced due to inflationary pressures. But one thing is guaranteed that during festivals Indians spend.”…
• Sofa manufacturer HTL plans to invest USD 80 million in India manufacturing capacity
  16 Sep 2023, retail.economictimes.indiatimes.com
  As the company sees growth potential in the furniture market in India, it is increasing its retail presence across metro and tier-1 cities. With its premium furniture brand HomesToLife, it plans to open 25 outlets across 15 major cities across India over the next 12-18 months.​​..
• Mamaearth partners with Apollo Pharmacy to retail across 5,000 stores in India
  16 Sep 2023, retail.economictimes.indiatimes.com
  “This agreement is an extension of our endeavor to make safe and natural products accessible to consumers across India. With Apollo Pharmacy’s extensive retail network, we can now reach even more consumers who prioritize clean and sustainable beauty and personal care products,” said Varun Alagh, Co-founder and CEO, Honasa Consumer…
• Lenskart’s Neso Brands invests $4 million in France’s Le Petit Lunetier
  16 Sep 2023, retail.economictimes.indiatimes.com
  Sources aware of Lenskart’s plans said Neso plans to increase its stake gradually, working with founders of Le Petit Lunetier…
• Ingka Centres and Le Marche sign agreement to open new supermarket in Gurugram’s Lykli meeting place
  16 Sep 2023, retail.economictimes.indiatimes.com
  ​​Spread across an area of 2,676 square meters, the new supermarket will offer an enhanced customer experience in its one-in-city format by leveraging digital measures for customer awareness about products and offers, navigation inside the store, communicating product stories and multiple options for the end-to-end customer journey, from entry to checkout…
• Christian Dior leases space at RIL’s Jio World Plaza in Mumbai’s Bandra-Kurla Complex
  16 Sep 2023, retail.economictimes.indiatimes.com
  The company has leased the space through its subsidiary Christian Dior Trading India at monthly rentals of Rs 21.56 lakh, or Rs 650 per sq ft based on minimum monthly guaranteed sum or net revenue share, whichever is higher, showed the documents accessed through FloorTap.com…
• 23% shoppers expected to shop more during festive period vs last year, says Axis My India CSI survey
  16 Sep 2023, financialexpress.com
  According to the latest insights from the India Consumer Sentiment Index (CSI) by Axis My India, 23 per cent of respondents are anticipating increased shopping activities during the upcoming festive season…
• Reliance to add 100 points-of-sale for Gap
  16 Sep 2023, livemint.com
  merican retailer Gap is set to expand its footprint across India with local partner, Reliance Retail, preparing to launch over 100 stores, including shop-in-shop and stand-alone outlets…
• Titan’s wearables business to enter smart rings and weighing scales segment
  16 Sep 2023, thehindubusinessline.com
  Titan’s smart wearables business which is dedicated to smart tech products under the Fastrack and Titan brands within Titan Company Limited, is set to broaden its current product offerings in the smartwatch and Truly Wireless (TWS) categories…
• Food prices resume decline despite lingering supply threats
  16 Sep 2023, retail.economictimes.indiatimes.com
  An index of food-commodity costs fell 2.1% last month on subdued demand and good output of vegetable oils and milk, the United Nations’ Food and Agriculture Organization said Friday. The gauge has slid 24% since hitting a record in March 2022, when Russia’s invasion of Ukraine disrupted grain exports…
• India’s retail inflation eases to 6.83% in August
  16 Sep 2023, retail.economictimes.indiatimes.com
  Food inflation, which accounts for nearly half of the overall basket, was up 9.94% in August compared with a rise of 11.51% in July…
• Pee Safe raises $3 million in a Series B funding round led by Natco Pharma and Rainmatter Health
  16 Sep 2023, retail.economictimes.indiatimes.com
  “This funding will accelerate our expansion efforts and establish us as the leading brand in the rapidly growing intimate wellness sector, which boasts a remarkable CAGR of 16%,” Vikas Bagaria, founder and CEO of Pee Safe adding that over the past five years, the brand has achieved a growth rate of 100% CAGR, surpassing markexpectations…
• Tata Electronics makes mobile parts worth Rs 463 crore in FY23
  16 Sep 2023, retail.economictimes.indiatimes.com
  In its filings to the Registrar of Companies (RoC), the company said most of the technologies used for the production are new to India and it has now built indigenous capability around these technologies…
• Handset companies step up focus on offline retail channels
  16 Sep 2023, retail.economictimes.indiatimes.com
  Online-centric brands are also revising their strategy to focus more on the offline segment with this festive season crucial to a demand rebound after a tepid first half. Typically, the festive season now accounts for around a fifth of annual sales. ..
• Chappers Opens Experimental Franchise Outlet in Nashik
  16 Sep 2023, indianretailer.com
  Chappers, the well-known men’s footwear brand renowned for its tech-driven customization, has inaugurated its maiden experimental franchise store on College Road, Nashik…
• Looks Salon Celebrates the Opening of Goregaon and Powai Branches
  16 Sep 2023, indianretailer.com
  Looks Salon, the revolutionary salon chain that has revolutionized the hairstyling and beauty industry in India, is delighted to announce the grand inauguration of its newest establishments in the vibrant neighborhoods of Goregaon and Powai…
• Summer by Priyanka Gupta Opens Flagship Store in India
  16 Sep 2023, indianretailer.com
  Summer by Priyanka Gupta, the renowned fashion brand cherished by fashion enthusiasts worldwide, as it graces major multi-brand outlets, proudly inaugurates its first flagship store at D6 Defence Colony…
• Barista Coffee Expands Retail Presence in India with 9 New Outlets in August-23
  16 Sep 2023, indianretailer.com
  Barista Coffee, a prominent player in the café industry in India, is pleased to announce the inauguration of nine new outlets in August-23. This expansion underscores Barista Coffee’s steadfast commitment to expanding its retail footprint and offering an exceptional coffee experience to an even wider audience…
• Fitness Meets Fashion: Akshay Kumar’s Force IX Lands Its First Noida Store
  16 Sep 2023, indianretailer.com
  Following debuts in the South and West regions of India, Bollywood actor Akshay Kumar inaugurated the first Force IX store in Noida. Situated within DLF’s Mall of India in NOIDA, this expansive 800+ square feet establishment…
• How to Improve Your eCommerce Customer Retention?
  16 Sep 2023, indianretailer.com
  In 2013, an eCommerce company had to spend just $9 on acquiring new customers. They now spend almost $30 — that is a 222% increase in CAC. While we’ve seen exponential growth in the eCommerce industry, with rapid expansion comes intensified competition, making it challenging for brands to stand out…
• ECommerce Boom: Navigating the Complex Logistics Landscape for Retail Success
  16 Sep 2023, indianretailer.com
  With the advent of eCommerce, the retail landscape underwent a remarkable upheaval, changing how customers purchase and businesses run. Because of the digital revolution, convenience and accessibility now control the world’s marketplace…
• Crafting Unique Experiences: Generative AI and Personalized Combos in Quick Service Restaurants
  16 Sep 2023, indianretailer.com
  Imagine stepping into a new city, an uncharted territory waiting to be discovered and explored. As you venture forth, picture yourself immersing in the vibrant culinary scene, ready to unlock a world of flavours and sensations…
• Fujifilm Elevates In-Person Shopping with Debut of Innovative Experience Center
  16 Sep 2023, indianretailer.com
  Fujifilm India, a pioneering name in the world of photographic devices and imaging, has taken a significant step forward with the launch of its flagship store, the “Fujifilm X-Space,” in Lajpat Nagar, New Delhi…
• MiniKlub Expands Offline Presence with a New Store in Kerala
  16 Sep 2023, indianretailer.com
  MiniKlub, India’s premier babywear brand renowned for its thoughtfully crafted range of apparel and baby care products, has inaugurated a new retail outlet in Kerala, located in Trivandrum…
• SkinQ Enters Competitive Body Care Segment with Smooth and Bright Body Lotion
  16 Sep 2023, indianretailer.com
  SkinQ, a certified dermatologist-formulated brand known for its Made Safe Certified active solutions, has introduced its latest product, the Smooth and Bright Body Lotion. This launch signifies SkinQ’s expansion into the highly competitive body care sector…
• The Skin Diet Company, Elevating Skincare with Superfoods in India’s Beauty Retail Scene
  16 Sep 2023, indianretailer.com
  The Skin Diet Company isn’t just another skincare brand; it represents a transformative journey that infuses the enriching essence of superfoods into your skincare routine…
• Razorpay Launches D2C GRO Suite to Empower Indian E-commerce and D2C Brands
  16 Sep 2023, indianretailer.com
  In its unwavering commitment to empowering businesses across India, Razorpay, the nation’s leading Full-stack Payments and Banking Platform for Businesses, has unveiled the D2C GRO Suite, India’s most extensive product suite for businesses at the D2C Sparkx 2023 event hosted by Razorpay…
• GIVA and Bhumi Pednekar Unveil Unique Floral Silver Jewellery Collection
  16 Sep 2023, indianretailer.com
  GIVA, a renowned jewellery brand, has unveiled a captivating new floral line of silver jewellery in collaboration with acclaimed actress and environmental activist, Bhumi Pednekar…
• This Brand wants to be the Home-grown KFC of India
  16 Sep 2023, irecwire.indianretailer.com
  Started off with bare minimum which necessitated Biraja Rout to first focus on surviving in a market dominated by the global players, today he is operating home-grown Indian QSR chain that has made a mark in the business…
• Papa John’s Unveils New Executive Team
  16 Sep 2023, restaurant.indianretailer.com
  The objective is to establish Papa John’s as the preferred quick-service restaurant (QSR) pizza brand for international franchise partners…
• SoBo Eatery Bademiya Faces Closure Due to Licensing Issues
  16 Sep 2023, restaurant.indianretailer.com
  Officials from the Food and Drug Administration (FDA) have issued cease-and-desist notices to three branches of the renowned South Mumbai restaurant, Bademiya, for operating without proper licenses…
• Novotel Hyderabad Convention Centre Launches HYBA
  16 Sep 2023, restaurant.indianretailer.com
  This Pan Arabic – inspired restaurant offers a delightful culinary journey, celebrating the rich flavours and tastes inspired by Arabia, brining along the essence of the Middle Eastern Culinary Heritage…
• The Game Palacio Launches its First Luxury Format – The Game Luxe
  16 Sep 2023, restaurant.indianretailer.com
  The Game Luxe is not just a gaming and entertainment destination; it’s also a vibrant and dynamic hub of experiences, where live music, themed nights, and interactive DJ sessions add a whole new dimension of excitement at the mall…
• P.F. Chang’s Opens First Restaurant in India at Bengaluru Airport; Join Hands with Gourmet Investments
  16 Sep 2023, restaurant.indianretailer.com
  Estimated later this year, P.F. Chang’s expansion will also reach Mumbai with the opening of an all-new bistro location operated by GIPL and Delhi National Capital Region in 2024…
• Bon-Cuisine Digitizes Corporate Cafeterias for Leading Organizations
  16 Sep 2023, restaurant.indianretailer.com
  The company has aimed to double its customer base every quarter and achieve a target GMV of INR 25 crores by the close of the current fiscal year (FY 23-24)…
• Japanese Curry Chain Coco Ichibanya Launches New Outlet in Gurgaon
  16 Sep 2023, restaurant.indianretailer.com
  The new CoCo ICHIBANYA establishment presents an authentic Japanese dining experience, featuring an array of Soups, Salads, Starters, Curries, Udon, Ramen, beverages, and desserts…
• Japanese Curry Chain Coco Ichibanya Launches New Outlet in Gurgaon
  16 Sep 2023, restaurant.indianretailer.com
  The new CoCo ICHIBANYA establishment presents an authentic Japanese dining experience, featuring an array of Soups, Salads, Starters, Curries, Udon, Ramen, beverages, and desserts…
• Bira 91 and Greater Than Gin Release Gin-Inspired Beer
  16 Sep 2023, restaurant.indianretailer.com
  The beer will be exclusively available, until stocks last, at Bira 91 Taprooms in Gurugram at the DLF Cyberhub and Bengaluru at Koramangala, starting 14th September 2023…
• BROOKFIELDTech Based Coffee Chain abCoffee Opens Outlet in Gurgaon
  16 Sep 2023, restaurant.indianretailer.com
  The recently opened Gurgaon branch will present a wide-ranging menu of freshly brewed coffee options, encompassing popular choices such as espresso, cappuccino, cortado, mocha, iced Americano, and Frappuccino…
• FLOW Brewery Launches in DLF Avenue Saket
  16 Sep 2023, restaurant.indianretailer.com
  Flow is the longest bar in Delhi that offers a diverse bar menu featuring creative cocktails, mocktails, cold-pressed juices, specially crafted iced teas, and unique Bili Hu coffee brews…
• Leisure Hotels Group Unveils Suvaasa in Uttarakhand
  16 Sep 2023, restaurant.indianretailer.com
  Leisure Hotels Group (LHG), the resort chain in Uttarakhand has introduced Suvaasa to its expanding collection of 28 hotels…
• Swiggy Launches “Learning Station” to Empower Restaurant Partners
  16 Sep 2023, restaurant.indianretailer.com
  The Learning Station is accessible to all the 3,00,000 restaurant partners. Aligning with its foundational values of curiosity and perpetual learning, Swiggy’s launch of the Learning Station reflects its commitment to fostering restaurant partners’ progre..
• Indian Designer Sabyasachi Mukherjee Honors 100 yrs of Disney Storytelling
  16 Sep 2023, brandlicense.indianretailer.com
  India’s leading fashion designer Sabyasachi Mukherjee has unveiled an art piece that pays tribute to the iconic and beloved Mickey Mouse, as part of Create 100…
• Booking.com Names Rohit Sharma as Ambassador for ICC Men’s Cricket World Cup 2023
  16 Sep 2023, retail.economictimes.indiatimes.com
  Booking.com assumes the prestigious role of the Official Accommodation Partner for all ICC events, including the upcoming ICC Men’s Cricket World Cup scheduled to be held in India from October 5 to November 19, 2023…
• Sony Sports Network Unveils Historic Campaign for 19th Asian Games, Garnering Massive Support
  16 Sep 2023, brandlicense.indianretailer.com
  The primary goal is to challenge Indian athletes to surpass previous records, push their boundaries, and ignite a nationwide passion for sports…
• ‘Fighter’ Movie Teams Up with Black-White Orange to Launch Exclusive Merchandise Line
  16 Sep 2023, brandlicense.indianretailer.com
  Viacom18 Studios and Marflix’s much-anticipated film ‘Fighter’ is set to make waves in 2024. Directed by Siddharth Anand, ‘Fighter’ is India’s first aerial action franchise and features A-list stars Hrithik Roshan, Deepika Padukone, and Anil Kapoor…
• UFC and WWE Join Forces to Create TKO Group, a Global Sports Entertainment Powerhouse
  16 Sep 2023, brandlicense.indianretailer.com
  The newly formed company will operate under the name TKO Group, with Endeavor retaining a 51 percent controlling stake while existing WWE shareholders will hold a 49 percent interest…
• Prestige Group looks to partner TDI in Lutyens’ Delhi
  12 Sep 2023, realty.economictimes.indiatimes.com
  The property, owned by TDI Infratech, has a markvalue of ₹325-350 crore and an estimated revenue potential of ₹700 crore, they said…
• Reliance Retail gets Rs 2,069.50 crore investment from KKR at an equity value of Rs 8.361 lakh crore
  12 Sep 2023, retail.economictimes.indiatimes.com
  KKR’s follow-on investment will translate into an additional equity stake of 0.25% in RRVL on a fully-diluted basis. This, combined with its stake from its investment of ₹ 5,550 crore in RRVL in 2020, will take its total equity stake in RRVL to 1.42% on a fully-diluted basis…
• Tata Group needs to find the elusive elixir of growth to ward off Ambani
  12 Sep 2023, retail.economictimes.indiatimes.com
  Tata Consumer Products Ltd., the owner of the Tetley tea brand, was uncomfortable with Haldiram’s $10 billion valuation, Reuters reported Sept. 6, citing sources who put the annual operating profit of the privately held business at $200 million…
• Marico’s COO India Business Sanjay Mishra resigns
  12 Sep 2023, retail.economictimes.indiatimes.com
  Ashish Goupal, who is currently Chief Operating Officer- Marico Bangladesh, MENA & New Country Development (NCD), will take on the responsibility of leading all international geographies of Marico including South East Asia and South Africa from October 1, 2023 and will be designated as CEO- International Business, it added…
• Lulu Group to set up large shopping mall in Ahmedabad, Chennai: Yusuff Ali
  12 Sep 2023, retail.economictimes.indiatimes.com
  Chairman and Managing Director of LuLu Group International Yusuff Ali on Monday said his group is going to set up two large shopping malls in India – each in Ahmedabad and Chennai…
• Indian retail industry to grow at 10 pc CAGR from FY23 to FY26: Report
  12 Sep 2023, retail.economictimes.indiatimes.com
  The Indian retail market is expected to see steady growth to reach $1,225 billion by FY 26 from $830.5 billion in FY20, stated Wazir Advisors X ETRetail report ‘The Future of E-commerce’…
• Retailers can become the torch bearers of change, creating an energy-efficient tomorrow
  12 Sep 2023, retail.economictimes.indiatimes.com
  ​​​By adopting sustainable practices and implementing energy-efficient technologies, retailers can significantly reduce their carbon footprint and inspire others to follow suit. The demand for energy-efficient products and solutions is rising constantly as more people are adopting such products…
• Nykaa expects Q2 to be better than Q1 with fashion seen picking up
  12 Sep 2023, thehindubusinessline.com
  Beauty and fashion retailer Nykaa expects the current quarter to be better than the first quarter with consumer sentiments seen picking up, especially in the fashion segment that saw a recovery in July led by end-of-season sales…
• Lulu Group expects to launch IPO in H1 2024, shares to be listed in Gulf – chairman
  12 Sep 2023, retail.economictimes.indiatimes.com
  The UAE-headquartered company has appointed Moelis and Co as its advisor for the IPO, Lulu’s Chairman and Managing Director Yusuff Ali told reporters on the sidelines at an event in New Delhi…
• Spices simmer as rates soar by 40%-80% in Kolkata
  12 Sep 2023, retail.economictimes.indiatimes.com
  The domestic spice industry is currently grappling with a supply-demand mismatch, driven by a complex web of factors. Factors such as shifting weather patterns, scorching heatwaves, reduced crop yields and surging export demands have disrupted transportation in the aftermath of cyclone Biparjoy and the adverse effects of the ongoing monsoon season have collectively contributed to the current shortage and subsequent price escalation…
• BROOKFIELD55 is the new 32 for TV screens showcasing India’s growing economic prowess
  12 Sep 2023, retail.economictimes.indiatimes.com
  “A lot of people were in denial mode but there is a major markshift. 55 is the new 32 for TVs,” said Avneet Singh Marwah, CEO at Super Plastronics Pvt Ltd, which is a brand licensee of five major global brands – Thomson, Kodak, Blaupunkt, Westinghouse and White-Westinghouse (trademark of Electrolux)…
• New supply of retail space in shopping malls to rise 43% by 2027 in top 7 cities: JLL India
  12 Sep 2023, timesofindia.indiatimes.com
  New supply of retail real estate space is expected to rise 43% across seven major cities by 2027 as developers are expanding their business amid strong revival post Covid pandemic, according to JLL India…
• Diamondtree Expands and Elevates Diamond Jewellery Retail in DLF Mall of India, Noida
  12 Sep 2023, indianretailer.com
  Diamondtree, a renowned name in the realm of premium jewellery, is delighted to announce the inauguration of a more spacious and opulent retail store at DLF Mall of India in Noida, India. This development signifies a significant milestone in Diamondtree’s unwavering dedication to delivering an even more exquisite and contemporary diamond jewellery shopping experience for its discerning patrons…
• Senco Gold Limited Joins Responsible Jewellery Council, Pioneering Sustainability
  12 Sep 2023, indianretailer.com
  Senco Gold Limited, one of India’s premier jewellery retailers and among the most trusted jewellery brands, has taken a significant stride in its sustainability journey by becoming a member of the Responsible Jewellery Council (RJC)…
• Bunny Corset Unveils Fusion Leather and Brocade Collection in India
  12 Sep 2023, indianretailer.com
  Bunny Corset, a leading name in the world of exquisite corsets, is excited to introduce its latest collection, embracing the global trend of merging leather and brocade elements…
• IKEA Unveils the TABBERAS Collection, Inspiring Sustainable Living in India
  12 Sep 2023, indianretailer.com
  Enter a realm of vibrancy, innovation, and conscious lifestyle choices as IKEA introduces the TABBERAS Collection, a tribute to the preservation, conservation, and appreciation of quality family moments…
• Pawpourri Unveils Its Exciting Pet Toy Collection, Elevating Playtime Bliss in India’s Retail Pet Industry
  12 Sep 2023, indianretailer.com
  In a world where our pets are cherished as integral members of the family, their happiness and well-being take center stage. Pawpourri, a revered name in the pet industry, recognizes the profound significance of play in a pet’s life and is thrilled to introduce its captivating and robust toy collection, specifically designed to keep pets entertained, active, and profoundly content…
• Dring, Elevating House Parties to New Heights with a Desi Twist
  12 Sep 2023, indianretailer.com
  Dring, India’s trailblazing house party brand, is poised to revolutionize the party scene with its unique mission to elevate gatherings to unprecedented levels…
• Juicy Chemistry Chooses Bamboo as Primary Packaging Material for Organic Makeup Line, Color Chemistry
  12 Sep 2023, indianretailer.com
  On National Bamboo Day, Juicy Chemistry highlights its decision to make bamboo the primary packaging material for its organic makeup range, Color Chemistry…
• Westin Himalayas Resort Appoints Pankaj Singh Panwar as Executive Chef
  12 Sep 2023, restaurant.indianretailer.com
  The Westin Resort & Spa, Himalayas, a renowned property within Marriott International’s extensive India portfolio, has introduced Pankaj Singh Panwar as its Executive Chef…
• JustMyRoots Acquires the State Plate to Expand Regional Food Delivery
  12 Sep 2023, restaurant.indianretailer.com
  JustMyRoots, the intercity food delivery startup, has completed its acquisition of The State Plate (TSP), a company specializing in non-perishable packaged food products…
• The Unconventional Strategy behind India’s Priciest Dining Addresses
  12 Sep 2023, restaurant.indianretailer.com
  In recent times, high street locations across India have witnessed a perplexing trend, a surge in rentals coupled with a decline in foot traffic and profitability. This paradox begs the question…
• Farah Announces Exciting Licensing Agreements for SS24 Season Expansion
  12 Sep 2023, brandlicense.indianretailer.com
  The collection will encompass a variety of clothing options, including trendy tees, woven shorts, swimwear, joggers, outerwear, and casual shirting, all meticulously designed to resonate with the Gen Z and Alpha generations…
• Revman Secures License Agreement with Calvin Klein for Home Accessories, Spring 2024 Launch Planned
  12 Sep 2023, brandlicense.indianretailer.com
  The new Calvin Klein home collections are set to debut during the New York Home Textiles Market week this month, with the initial agreement term extending through 2028…
• FITPASS Launches Inspiring Brand Film Series Redefining Fitness in India
  12 Sep 2023, retail.economictimes.indiatimes.com
  FITPASS, India’s leading fitness and wellness platform, is thrilled to unveil an engaging brand film series that champions the concept of ‘Your Fitness Your Way,’ a flexible and personalized approach to fitness and well-being…
• Parineeti Chopra Invests in Tritiyaa Fine Jewellery
  12 Sep 2023, indianretailer.com
  Parineeti Chopra has announced her investment in Tritiyaa Fine Jewellery, founded by the renowned entrepreneur Kanthi Dutt, generating a buzz of anticipation among her audience…
• Archana Kochhar Dazzles at New York Fashion Week with ‘Anant’ Collection
  12 Sep 2023, indianretailer.com
  Renowned fashion designer Archana Kochhar captivated the audience at New York Fashion Week (NYFW) with her spectacular presentation of the ‘Anant’ collection at High Water rooftop, New York…
• Warehouse by Mudita: Elevating Affordable Luxury
  12 Sep 2023, indianretailer.com
  Mudita Jaipuria, Founder, Warehouse by Mudita, is on a mission to redefine luxury fashion. Her journey began with a deep-seated passion for elegance and excellence, which ultimately gave birth to Warehouse by Mudita…
• CHANDIGARH PLANS ICONIC BUILDINGS COMPRISING COMMERCIAL SPACES
  11 Sep 2023, rprealtyplus.com
  The UT administration is planning two “iconic” buildings on Madhya Marg – one near the Taj Hotel and the other near the SBI building – in Sector 17…
• Real estate leasing companies in a fix over blocked credit eligibility
  11 Sep 2023, realty.economictimes.indiatimes.com
  If a developer constructs a commercial building and sells it before obtaining an occupancy certificate, they may be eligible to claim credit, provided they pay the output GST on the sale transaction…
• A defunct mall offers hope for future’s creditors
  11 Sep 2023, retail.economictimes.indiatimes.com
  PNB, along with Union Bank of India, also has a secondary charge over the company’s assets because they together lent ₹350 crore to a group company, Future Brands, with lease rental discounting of BMMCPL as collateral. “These two banks have secondary charge over the assets and will receive their dues only after Canara and PNB recover their principal and interest,” a person familiar with the matter said…
• Grasim Textiles plans to open nearly 120 retail stores over next two years
  11 Sep 2023, retail.economictimes.indiatimes.com
  “We are optimistic about the growth story of India. We plan to expand in both retail and wholesale businesses. Over the next two years, we plan to open 100-120 Linen Club retail stores in smaller cities and towns,” said Satyaki Ghosh, CEO, (Domestic Textiles)…
• TikTok’s new Amazon copycat Shop is full of cheap Chinese goods
  11 Sep 2023, retail.economictimes.indiatimes.com
  TikTok Shop will be competing with Amazon.com Inc. to sell a target of $20 billion in merchandise this year, Bloomberg has reported. The effort has been discussed internally as a “community commerce” effort, according to people familiar with the matter, meaning it’s meant to capitalize on the app’s potential to bring people together through their niche interests…
• Alibaba ex-CEO Zhang quits co, Jack Ma’s confidants take over
  11 Sep 2023, retail.economictimes.indiatimes.com
  Zhang’s departure ends a storied tenure during which Alibaba became China’s largest company and ventured into new arenas such as physical retail. An Alibaba representative confirmed Zhang’s departure. The former CEO will now steer a $1-billion technology investment fund on Alibaba’s behalf…
• Staying relevant for new-age consumers – Anupam Bansal, Director – Retail, Liberty Shoes
  11 Sep 2023, retail.economictimes.indiatimes.com
  Anupam Bansal, Director – Retail, Liberty Shoes shares his insights with ETRetail’s Anurag Sharma on the ongoing trends, and changes in the footwear industry norms. He discusses strategies for staying relevant in the fast-paced landscape of retail and catering to the needs of the new-age consumers…
• WayCool’s BrandsNext launches Malabar parotta and whole wheat chapati
  11 Sep 2023, retail.economictimes.indiatimes.com
  After batter, value-added dairy and bread segments, the new line of products under the fresh range aims at catering to evolving tastes of consumers by providing a restaurant-like experience at home, the company said…
• Self-care products set to grow big; no downtrading in healthcare, says Haleon CEO
  11 Sep 2023, retail.economictimes.indiatimes.com
  Last year, British consumer healthcare company GSK Plc. had separated its consumer healthcare business from the GSK Group to form Haleon Plc., an independent listed company that sells non-prescription drugs, vitamins and oral care products…
• Makers, retailers of consumer durables eye big festive boost
  11 Sep 2023, financialexpress.com
  Manufacturers and retailers of appliances and electronic products are counting on the upcoming October-November festive period for a big boost in sales…
• Indian Terrain Unveils Redesigned Flagship Retail Store in Chennai, Elevating the Men’s High-Street Fashion Experience
  11 Sep 2023, indianretailer.com
  Indian Terrain, a prominent men’s high-street fashion brand, celebrated the grand reopening of its redesigned flagship store in Chennai…
• Tanishq’s ‘Rivaah x Tarun Tahiliani’ Collection Marries Tradition and Modernity in Indian Bridal Jewelry
  11 Sep 2023, indianretailer.com
  In a narrative of enduring traditions and superb craftsmanship, Tanishq, India’s largest jewelry retail brand under the Tata Group, presents ‘Rivaah x Tarun Tahiliani.’ This marks an exclusive partnership between the brand and visionary fashion designer Tarun Tahiliani, within Tanishq’s wedding-focused sub-brand, Rivaah…
• India Fashion Awards Unveils Fashion Entrepreneur Fund Website with Support from Karan Johar
  11 Sep 2023, indianretailer.com
  India Fashion Awards (IFA), a prominent non-profit organization celebrated for its dedication to the fashion industry, proudly unveiled the eagerly anticipated Fashion Entrepreneur Fund (FEF) website on September 3, 2023, at The Claridges in New Delhi…
• Trunativ Unveils ‘Beauty Fiber,’ a Revolutionary Nutritional Product for Skin Wellness in India’s Retail Market
  11 Sep 2023, indianretailer.com
  Trunativ, India’s leading nutrition brand with a steadfast dedication to health and wellness, proudly unveils its latest groundbreaking offering, “Beauty Fiber.” This innovative dietary supplement is expertly crafted to naturally enhance beauty and promote skin health…
• Dialogues by Nirmals Unveils Exclusive Coordonné Wallpapers in India, Blending Luxury and Sustainability
  11 Sep 2023, indianretailer.com
  Dialogues by Nirmals proudly presents an exclusive showcase of wallpapers in India, featuring the esteemed Spanish brand Coordonné. This unveiling introduces wallpapers from Coordonné’s remarkable Aracne collection, characterized by eco-conscious materials crafted from natural linen and silk fabrics…
• AstorMueller AG Expands Portfolio with Salamander Acquisition in Europe
  11 Sep 2023, indianretailer.com
  AstorMueller AG, the parent company of AstorMueller Shoes India, has recently revealed its acquisition of Salamander, a renowned footwear brand in Europe boasting a rich history spanning more than 120 years…
• JustMyRoots Acquires the State Plate to Expand Regional Food Delivery
  11 Sep 2023, restaurant.indianretailer.com
  This strategic move is a pivotal step in JustMyRoots’ overarching strategy to broaden its footprint within the nationwide packaged intercity food market…
• Reducing Shopping Cart Abandonment: How RTE Enables E-Commerce Websites to Engage with Users
  11 Sep 2023, indianretailer.com
  In today’s digital landscape, relying solely on static images on product pages is insufficient to motivate shoppers and ensure they follow through with their purchases. According to McKinsey & Company, live-commerce-initiated sales could account for 20 percent of all e-commerce by 2026…
• REAL ESTATE MAJOR CONTRIBUTOR TO STATES & UTS REVENUE
  09 Sep 2023, rprealtyplus.com
  The real estate sector is one of the major contributors to revenue of states and UTs, which collected an estimated Rs 2 lakh crore during last fiscal year in various forms, including stamp duties, according to a Naredco-Knight Frank India report…
• Reliance Retail’s cumulative debt up 73% in FY23
  09 Sep 2023, retail.economictimes.indiatimes.com
  As much as ₹19,243 crore of the loans were non-current, long-term, borrowings, as per disclosures in RRL’s latest annual report. As of March 2022, it had a mere ₹1.74 crore in bank loans on its books. The retail business also raised ₹13,304 crore in long-term debt from holding company Reliance Retail Ventures Ltd (RRVL), taking its cumulative debt 73% higher from a year ago to ₹70,943 crore, as per the FY23 report…
• Panasonic to invest another Rs 300 cr in Andhra facility by 2026, aims higher exports from India
  09 Sep 2023, retail.economictimes.indiatimes.com
  “We have invested Rs 300 crore as part of the first phase of the project, and will be investing another Rs 300 crore by 2026,” PEWIN Director for power business unit, Rajesh Nandwani, said…
• Zepto elevates Ankit Agarwal as chief product officer
  09 Sep 2023, retail.economictimes.indiatimes.com
  Agarwal joined Zepto last year as SVP of product to lead fulfilment, supply chain, last mile and finance tech at the 10-minute grocery delivery startup. He comes with over 13 years of product experience with companies such as Flipkart, Delhivery and Infra.Market…
• BrandsNext strengthens ready-to-cook portfolio with the launch of Malabar parota and whole wheat chapati
  09 Sep 2023, thehindubusinessline.com
  Freshey’s, the ready-to-cook brand of BrandsNext, announced its foray into the Indian bread category with the launch of Malabar Parota and Whole Wheat Chapati…
• Kroger, Albertsons plan to offload over 400 stores for close to $2 billion: sources
  09 Sep 2023, retail.economictimes.indiatimes.com
  SoftBank Group Corp, the Japanese investment group, is in talks with C&S about helping finance a small portion of the deal, one of the sources said…
• 
  

  Titan to open nine new Tanishq stores in Gujarat by FY24-end

    09 Sep 2023, retail.economictimes.indiatimes.com
  “We currently have 19 Tanishq jewellery stores in Gujarat. By the end of the financial year 2023-24 in March, we will add nine more stores in different cities of the state and take the tally to 28,” said Venkataraman while talking to reporters after the re-launch of a Tanishq store in Shivranjani area of the city on Friday…
• Indian economy on a promising growth trajectory, says ADB president
  09 Sep 2023, retail.economictimes.indiatimes.com
  Indian economy is clearly on a promising growth trajectory. The government’s strong emphasis on physical infrastructure development and ease of doing business should significantly enhance competitiveness. Rapid advancements in digital infrastructure are laying the groundwork for innovative breakthroughs across various sectors…
• Sexual wellness firm Kindly Health expects sales to reach Rs 150 crore over the next three years
  09 Sep 2023, retail.economictimes.indiatimes.com
  “While most of India is still underserved when it comes to sexual health and wellness, there has been a surge in such brands and products in the last few years. This shows the potential in the Indian market and its acceptance towards the category,” said Nilay Mehrotra, founder of Kindly Health. “Be it pleasure or sexual health and wellness, the sector looks promising with the market growing to about $2 billion by 2030.”…
• ‘Extra Butter’ Takes Mumbai by Storm with its 1st Iconic Store in India
  09 Sep 2023, indianretailer.com
  Extra Butter’s journey began in 2007 when two visionary brothers, Ankur and Nick Amin, fused their love for sneakers, film, sports, and culture into a ground-breaking concept…
• Casio Strengthens Retail Presence in India with the Launch of First Exclusive G-SHOCK Store in Pune
  09 Sep 2023, indianretailer.com
  Casio Computer Co. Ltd, headquartered in Japan and the parent company of Casio India, has expanded its retail presence by unveiling its inaugural exclusive G-SHOCK store in Pune…
• Urban Indians Look Forward to Diwali, Cautious About Non-Essential Spending
  09 Sep 2023, indianretailer.com
  As the anticipation of the festive season builds, a comprehensive study on urban Indians’ spending habits has unveiled some interesting insights. As brands prepare for the upcoming festive..
• Sleepyhead’s Omnichannel Odyssey: Innovating Comfort in Retail
  09 Sep 2023, indianretailer.com
  In the ever-evolving world of retail, Sleepyhead Home Decor Private Limited has embarked on a journey to redefine the way we experience comfort in our homes. At the heart of this transformation lies a bold move into omnichannel retail…
• ONDC and Google Cloud Join Forces to Revolutionize Indian E-commerce with Generative AI
  09 Sep 2023, indianretailer.com
  Get ready for a revolutionary partnership as the Open Network for Digital Commerce (ONDC) teams up with Google Cloud to launch a nation-wide hackathon; as well as expand ONDC’s program aimed at igniting innovation across India’s booming e-commerce landscape…
• Mensa Brands’ Hubberholme Shakes Up Streetwear with a Bold Rebranding
  09 Sep 2023, indianretailer.com
  Get ready for a style revolution as Mensa Brands’ Hubberholme not only debuts a striking new brand identity but also drops an electrifying streetwear collection, ‘Move the Movement’…
• Goodveda Unveils Comprehensive Diabetes Management Approach
  09 Sep 2023, indianretailer.com
  Goodveda Health Labs Pvt Ltd, a prominent innovator in natural healthcare solutions, takes immense pride in introducing a holistic approach to diabetes management…
• mCaffeine Unveils Revolutionary Kombucha-Infused Skincare Line in India
  09 Sep 2023, indianretailer.com
  mCaffeine is reshaping the beauty industry landscape once more, harnessing the potency of powerful ingredients. The brand proudly introduces an exceptional skincare collection that taps into the transformative potential of Kombucha, marking a significant milestone in India’s beauty industry…
• Crafting Unique Experiences: How Generative AI can Change Quick Service Restaurants
  09 Sep 2023, irecwire.indianretailer.com
  Imagine stepping into a new city, an uncharted territory waiting to be discovered and explored. As you venture forth, picture yourself immersing in the vibrant culinary scene, ready to unlock a world of flavours and sensations. However, this time, a delightful twist awaits…
• Biggies Targets 50 Bigguy’s Wingery by Year End
  09 Sep 2023, restaurant.indianretailer.com
  The group is in early stages of their expansion journey and they currently focus on southern markets, including Bangalore, Hyderabad, Chennai, and Coimbatore…
• The Orchid Mumbai Appoints Shubhamoy Banerjee as General Manager
  09 Sep 2023, restaurant.indianretailer.com
  In his new role as the General Manager of The Orchid Mumbai, Shubhamoy is poised to enhance operational efficiency and uphold the legendary warmth that defines the hotel’s reputation…
• Exciting Collabo Between Kiddoze and Peppa Pig Enhances Child Nutrition
  09 Sep 2023, brandlicense.indianretailer.com
  Kiddoze stands out as a prominent player in the Indian retail sector, focusing on providing a healthy and enjoyable alternative to traditional supplements to meet a child’s daily nourishment requirements…
• Shoppers Stop Unveils the Fratini ‘Live Epic’ Collection with Sanya Malhotra as Brand Ambassador
  09 Sep 2023, brandlicense.indianretailer.com
  The ‘Live Epic’ campaign perfectly embodies the essence of the Fratini woman, radiating self-assuredness while effortlessly showcasing her distinct style…
• Mango Blossoms in California: First Stores Open as U.S. Expansion Gains Momentum
  09 Sep 2023, indianretailer.com
  Europe’s renowned fashion powerhouse, Mango, is painting the town with style as it strengthens its footprint across the United States. Following successful launches in Texas and Georgia earlier this August, the brand is now making its mark in sunny California, specifically in Los Angeles County…
• The bhujia moneyball: The $10 billion Haldiram’s empire
  08 Sep 2023, retail.economictimes.indiatimes.com
  Haldiram’s strategic significance extends beyond its current standing; it’s a bet on the Indian consumer market, spanning packaged foods and QSR. The trajectory of related players like RJ Corp, Devyani International, and Bikaji Foods, coupled with the bustling stores of major QSR chains in India’s cities, underscores the surging appetite for QSR businesses, set to grow exponentially over the next two decades…
• United Breweries appoints Vivek Gupta as MD & CEO
  08 Sep 2023, retail.economictimes.indiatimes.com
  Rishi Pardal resigned as the company’s CEO in February this year and was serving his six-month notice period. Dutch multinational brewing company Heineken NV has been integrating UBL into its business since obtaining the company in July 2021…
• ‘HUL turns focus on price cuts, volumes to fight small cos’
  08 Sep 2023, retail.economictimes.indiatimes.com
  “In India, about 40% of our portfolio is fabric cleaning and skin cleanser. And we know from experience that they are highly correlated to the underlying commodity prices. When inflation happens, a lot of smaller local firms in the category drop out of the category and then re-emerge once deflation starts to come in. So, we are starting to see that in India,” Unilever global chief financial officer Graeme Pitkethly said at the Barclays Global Consumer Staples Conference…
• Realme is looking to expand localisation efforts in India, says Founder Sky Li
  08 Sep 2023, retail.economictimes.indiatimes.com
  The company aims to fully localize production of hearables and wearables in India after achieving complete local manufacturing of smartphones and televisions, Li said…
• Reliance Retail’s Performax activewear becomes official kit sponsor for the Indian football team
  08 Sep 2023, retail.economictimes.indiatimes.com
  The homegrown sportswear brand will have exclusive rights to manufacture kits across all formats of the game. It will also be the sole supplier for all match, travel and training wear for the AIFF, including men’s, women’s and youth teams. In addition to this, as the merchandise sponsor, Performax will also hold the rights to manufacture and retail these products…
• Casio Strengthens Retail Presence in India with the Launch of First Exclusive G-SHOCK Store in Pune
  08 Sep 2023, indianretailer.com
  Casio Computer Co. Ltd, headquartered in Japan and the parent company of Casio India, has expanded its retail presence by unveiling its inaugural exclusive G-SHOCK store in Pune…
• Urban Indians Look Forward to Diwali, Cautious About Non-Essential Spending
  08 Sep 2023, indianretailer.com
  As the anticipation of the festive season builds, a comprehensive study on urban Indians’ spending habits has unveiled some interesting insights. As brands prepare for the upcoming festive season, the Diwali Spending Index reveals a spending propensity of 96.43 among urban Indians…
• R for Rabbit Collabs with Actress Gauahar Khan to Promote Stress-Free Parenting in India
  08 Sep 2023, indianretailer.com
  In a bid to promote stress-free parenting, R for Rabbit, a renowned baby product brand synonymous with top-notch quality, is thrilled to announce its exciting partnership with the versatile actress and new mother, Gauahar Khan…
• TECNO Ventures into the Laptop Market, Unveils MEGABOOK T1 Series
  08 Sep 2023, indianretailer.com
  Since its introduction to the Indian market in 2017, TECNO has achieved remarkable success in the country’s smartphone sector. By revolutionizing the digital experience in emerging global…
• Liberty Shoes Partners with Indian Olympic Association as Official Footwear Sponsor for Asian Games 2023
  08 Sep 2023, indianretailer.com
  In a historic announcement, the Indian Olympic Association (IOA) has revealed the eagerly awaited official ceremonial attire and playing gear for the Indian contingent set to compete at the upcoming 2023 Asian Games…
• Freshey’s Expands into the Indian Bread Category with Malabar Parota and Whole Wheat Chapati
  08 Sep 2023, indianretailer.com
  Freshey’s, the ready-to-cook (RTC) brand under the umbrella of BrandsNext, WayCool’s fastest-growing FMCG entity, has unveiled its entry into the Indian bread category with the introduction of Malabar Parota and Whole Wheat Chapati…
• mCaffeine Unveils Revolutionary Kombucha-Infused Skincare Line in India
  08 Sep 2023, indianretailer.com
  mCaffeine is reshaping the beauty industry landscape once more, harnessing the potency of powerful ingredients. The brand proudly introduces an exceptional skincare collection that taps into the transformative…
• Goodveda Unveils Comprehensive Diabetes Management Approach
  08 Sep 2023, indianretailer.com
  Goodveda Health Labs Pvt Ltd, a prominent innovator in natural healthcare solutions, takes immense pride in introducing a holistic approach to diabetes management…
• Exciting Collabo Between Kiddoze and Peppa Pig Enhances Child Nutrition
  08 Sep 2023, brandlicense.indianretailer.com
  Kiddoze stands out as a prominent player in the Indian retail sector, focusing on providing a healthy and enjoyable alternative to traditional supplements to meet a child’s daily nourishment requirements…
• Mainland China Unveils its Newly Revamped Outlet in Powai
  08 Sep 2023, restaurant.indianretailer.com
  The menu will be ranging from dumplings to sushi that will seamlessly incorporates the finest selections from its sister brand, Asia Kitchen by Mainland China…
• BRIGADE GROUP APPOINTS RAYAN ARANHA AS VP – HOSPITALITY & COMMERCIAL
  07 Sep 2023, rprealtyplus.com
  Brigade Group has announced the appointment of Rayan Aranha as Vice President – Hospitality & Commercial. In his new role, Rayan will lead sales, marketing and strategic planning for the commercial vertical of Brigade Group and will be responsible…
• Tata in talks to buy Haldiram’s, snack maker eyes $10 billion valuation: Sources
  07 Sep 2023, retail.economictimes.indiatimes.com
  Tata Consumer Products, which owns UK tea company Tetley and has a partnership with Starbucks in India, is negotiating the stake purchase, the sources said…
• Reliance Retail acquires majority stake in Alia Bhatt’s clothing brand Ed-a-Mamma
  07 Sep 2023, retail.economictimes.indiatimes.com
  ET was the first to report on July 17 on the possible acquisition. Launched in 2020, Bhatt has extended the kids brand into teenage and maternity wear segments as well…
• Biscuit Blunder: How 1 biscuit cost FMCG behemoth ITC Rs 1 lakh
  07 Sep 2023, retail.economictimes.indiatimes.com
  ITC’s legal counsel cited the Legal Metrology Rules of 2011, which allowed a maximum permissible error of 4.5 grams for pre-packaged commodities. However, the forum ruled against this argument, stating that such exemptions were applicable primarily to volatile products and not to items like biscuits, which do not lose weight over time…
• PepsiCo to invest Rs 778 crore in a manufacturing facility in Assam
  07 Sep 2023, retail.economictimes.indiatimes.com
  Eugene Willemsen, chief executive officer – Africa, Middle East & South Asia, PepsiCo, said, “India stands as a robust cornerstone among the world’s leading economies, underscored by its impressive growth trajectory. India is amongst the fastest growing markets for PepsiCo in AMESA region, and we are committed to invest in the nation to build capacity.”…
• Uniqlo India crosses Rs 600 crore annual sales, profit trebled during FY23
  07 Sep 2023, retail.economictimes.indiatimes.com
  The Japanese brand posted a net profit of Rs 68.38 crore with net revenues of Rs624.6 crore, according to its latest filing with the Registrar of Companies. A year ago, it had a profit of 21.4 crore with sales of Rs391.7 crore…
• Need to broaden participation to expand digital commerce in India: ONDC’s Koshy
  07 Sep 2023, retail.economictimes.indiatimes.com
  So, the biggest initiative is that ONDC is working with agencies like the Small Industries Development Bank of India (SIDBI), NABARD, many philanthropic organisations, small and medium enterprises and the agriculture ministry, among others…
• Flipkart forays into immersive shopping experience domain
  07 Sep 2023, thehindubusinessline.com
  Flipkart, an e-commerce marketplace, has forayed into the immersive shopping experience domain with Virtual Worlds to enhance customer experience and engagement…
• More than 20 ecommerce firms adopt Google Cloud-ONDC’s Open Commerce solution
  07 Sep 2023, retail.economictimes.indiatimes.com
  This enables buyers, sellers and logistics service providers to onboard seamlessly onto the ONDC network. This will expand the ability for buyers and sellers, especially those in smaller cities, to transact on the network using Google Cloud’s generative AI tools, said Thomas Kurian, global CEO of Google Cloud at the Google Cloud Born Digital Summit in Bengaluru on Wednesday…
• Lulu Group plans hypermarkets in smaller towns of Kerala & UP
  07 Sep 2023, retail.economictimes.indiatimes.com
  UAE’s Lulu Group plans to expand its hypermarkets to smaller towns in Kerala and Uttar Pradesh, as well as develop malls in Ahmedabad and Greater Noida. The company is considering cities like Prayagraj, Gorakhpur, Kanpur, and Banaras for small-scale malls with a hypermarket focus…
• QSR chain 99 Pancakes plans to open over 100 outlets in next 18 months
  07 Sep 2023, retail.economictimes.indiatimes.com
  The brand plans to invest Rs 20 crore and enter markets including Delhi, Bengaluru, Ahmedabad, Mumbai, Pune, Hyderabad, Chennai, Nagpur, Nashik, etc…
• Plenty of room for domestic, British Scotch whiskies to prosper in India: Scotch Whisky Association
  07 Sep 2023, retail.economictimes.indiatimes.com
  Scotch Whisky Association (SWA) also said that the proposed reduction in import duty by India under a free trade agreement between New Delhi and London would not only help boost exports of Scotch whiskey from the UK, but consumers here will also gmore choice as smaller producers enter the market…
• Value of Indian online fashion, lifestyle market hits $11 billion, to touch $35 billion in 5 years: report
  07 Sep 2023, retail.economictimes.indiatimes.com
  New-age online-first brands such as The Souled Store and Bewakoof have seen their online businesses expand 33% since 2019 to $2.4 billion; they are projected to grow at an annual rate of around 35% to hit $10 billion by FY28, the report said…
• We have great governance and our profits are growing faster: Mithun Sacheti, Caratlane
  07 Sep 2023, retail.economictimes.indiatimes.com
  We did Rs 2200 crores revenue last year and about Rs 150 crores of EBITDA, Rs 160 crores I think we did and that is possibly going to grow north of Rs 3000 crore very easily this year. And we are in a space which is growing very well. When you are on the right ride, then everybody wants a part of it…
• 
  

  India Post, Shiprocket join hands to strengthen e-commerce export ecosystem

    07 Sep 2023, retail.economictimes.indiatimes.com
  This agreement will lead to technical integration between Dak Ghar Niryat Kendra and Shiprocket and enable India based sellers, using Shiprocket, to directly generate e-PBE and shipping labels from Shiprocket platform itself. The exporters can avail packaging, label printing, pickup facility and induct their shipments to the nearest DNK in any part of the country…
• Reliance opens Metro’s gates for all consumers to further strengthen its retail dominance
  07 Sep 2023, retail.economictimes.indiatimes.com
  Mukesh Ambani’s consumer business is set to gain further momentum as it has opened the gates to its Metro Cash & Carry stores for everyone, and not just B2B customers. Nearly nine months after the deal with Metro AG went through, Ambani now aims to sell more of its products through the wholesale distributors it gained through the deal…
• Ahead of festive season, phone cos stitch up compelling offers
  07 Sep 2023, retail.economictimes.indiatimes.com
  The online-centric brands among them are chasing offline retailers with higher margins, while some will be bundling mobile phones with their lifestyle IoT products. Others are looking to cut deals with brands and ecommerce platforms to add affordability options, shoring up their premium play…
• Furniture brand Furlenco goes omnichannel; opens flagship store in BLR
  07 Sep 2023, retail.economictimes.indiatimes.com
  The brand is planning to expand its offline retail footprint by opening stores across all major cities in the next three years. The brand claims to have served more than 2.5 lakh customers across major cities including Mumbai, Pune, Delhi, Gurugram, Noida, Hyderabad, and Chennai…
• Saundh Unveils ‘The Saundh Man’, An Affordable-Luxury Men’s Collection with Distinct Style
  07 Sep 2023, indianretailer.com
  Taking a bold stride in its journey, Saundh, an everyday affordable-luxury label, proudly unveils ‘The Saundh Man,’ its maiden men’s collection. Renowned for its exquisitely handcrafted styles,…
• The Sleep Company Unveils ‘#MadeToFlaunt’ Campaign Featuring Karan Johar
  07 Sep 2023, indianretailer.com
  The Sleep Company, recognized as pioneers of the comfort-tech movement in India and the creators of Asia’s first and only SmartGRID mattresses, has introduced its latest campaign, ‘#MadeToFlaunt,’ in partnership with renowned filmmaker and style icon, Karan Johar…
• You Care Lifestyle Unveils the “Learn” Category: A Holistic Approach to Lifestyle Literacy
  07 Sep 2023, indianretailer.com
  You Care Lifestyle, co-founded by Luke Coutinho, extends a warm welcome to explore the “Learn” category, a groundbreaking initiative dedicated to enhancing lifestyle literacy and overall health…
• Captain Fresh Secures $20 mn in Funding for Global Expansion
  07 Sep 2023, indianretailer.com
  Captain Fresh, India’s foremost B2B fish and seafood enterprise, is delighted to announce a $20 million capital injection as part of its ongoing funding round. This strategic investment is spearheaded…
• Perfora’s Purple Teeth Whitening Serum Brightening Smiles India-wide
  07 Sep 2023, indianretailer.com
  In a world where the power of a smile speaks volumes, Perfora, India’s trailblazing digital-first oral wellness brand, has paved the way for brighter smiles with its latest breakthrough – the Purple Teeth Whitening Serum…
• Subhabrata Roy Appointed General Manager at Courtyard by Marriott Navi Mumbai
  07 Sep 2023, restaurant.indianretailer.com
  Subhabrata Roy is well-prepared to leverage his vast industry expertise and leadership acumen to guide the team towards achieving greater levels of accomplishment…
• General Mills India Doubles Pillsbury Production to Meet Surging Baking Demand
  07 Sep 2023, restaurant.indianretailer.com
  General Mills is establishing its second manufacturing site for Pillsbury Baking Mixes in India, earmarking an investment of around INR 100 crore to construct the advanced facility…
• BROOKFIELDSamhi Hotels & Motisons Jewellers Receive SEBI Approval for IPO
  07 Sep 2023, restaurant.indianretailer.com
  Samhi Hotels and Motisons Jewellers, a retail jewelry company based in Jaipur, have received approval from the Securities and Exchange Board of India (SEBI) to raise capital through an initial public offering (IPO)…
• Ramee Group’s India Expansion Drives Unprecedented Growth
  07 Sep 2023, restaurant.indianretailer.com
  The Tourism Policy sets an ambitious target of achieving USD 400 billion in foreign exchange earnings from tourism by 2047, a significant leap from the projected USD 30 billion for 2023…
• BROOKFIELDAraiya Hotels & Resorts Opens Indo-Coastal Restaurant in Malta
  07 Sep 2023, restaurant.indianretailer.com
  The draws inspiration from the historical spice trade between civilizations in Asia, Northeast Africa, and Europe and the ancient use and exchange of spices…
• Sweet Cherry and Larkshead Partner to Expand Licensing Portfolio
  07 Sep 2023, brandlicense.indianretailer.com
  Notably, this collaboration will debut at Brand Licensing Europe (BLE) this year, showcasing beloved titles such as Mula and Friends, Maggie Sparks, and Crystal Cove from Sweet Cherry’s extensive portfolio…
• BROOKFIELDSkechers Unveils Exclusive Collab with The Rolling Stones
  07 Sep 2023, brandlicense.indianretailer.com
  Legendary musicians such as Ringo Starr, Britney Spears, Christina Aguilera, Snoop Dogg, and Doja Cat have previously promoted footwear collections from Skechers…
• Raman Greens, Revolutionizing Snacking Habits in India with Millet Goodness
  07 Sep 2023, indianretailer.com
  Raman Greens invites snack enthusiasts to embark on a delectable journey where health effortlessly blends with indulgence! In honor of the International Year of Millet, the brand is excited to introduce an initiative that promises to redefine your snacking habits…
• Aqualens Sets the Standard for Clarity and Comfort in India’s Contact Lens Market
  07 Sep 2023, indianretailer.com
  Aqualens holds a prominent position in India’s contact lens market, renowned for its meticulous craftsmanship in producing top-tier lenses. The brand offers a diverse array of clear contact…
• INSTITUTIONAL INVESTMENTS IN INDIAN ALTERNATIVES CROSS USD2.0BN IN 5 YEARS
  06 Sep 2023, rprealtyplus.com
  Alternative assets in India received cumulative investments of about USD2.0Bn during the last 4-5 years (2019-H1 2023), led by foreign investors…
• INDIAN REITS ASSOCIATION FORMED UNDER SEBI & MINISTRY OF FINANCE
  06 Sep 2023, rprealtyplus.com
  The Indian REITs Association (‘IRA’), formed under the guidance of the Securities and Exchange Board of India (SEBI) and Ministry of Finance, today announced its launch as a non-profit trade organisation that is committed to advancing the growth and development of the Real Estate Investment Trust (REIT) sector in India…
• VMRDA plans auction of 13-acre prime land taken from LuLu Group in Visakhapatnam
  06 Sep 2023, realty.economictimes.indiatimes.com
  The urban development authority is planning to initiate the sale proceedings, which is expected to fetch amount running into hundreds of crores of rupees…
• Brookfield to invest Rs 1,500 crore more in The Leela Palaces, Hotels & Resorts business
  06 Sep 2023, realty.economictimes.indiatimes.com
  Ebitda margins are also higher than ever in the history of the brand, he added. The Leela Palaces, Hotels and Resorts currently operates 12 hotels spanning 3,400 rooms…
• Reliance Retail Ventures to invest Rs 300 crore in FMCG business
  06 Sep 2023, retail.economictimes.indiatimes.com
  Reliance Retail Ventures is investing Rs 300 crore in its newly-formed fast-moving consumer goods (FMCG) business, Reliance Consumer Products (RCPL), through optionally fully convertible debentures. This is the first major capital infusion by the promoters into the business, which aims to expand nationally in the FMCG sector…
• Pepperfry raises $23 mn; elevates Ashish Shah as CEO
  06 Sep 2023, retail.economictimes.indiatimes.com
  Pepperfry last raised USD 45 million in debt funding in 2021. Since then the furniture retailer has been preparing for an IPO, with changing its board composition, relocating Pepperfry from the Cayman Islands to Mumbai, and more…
• Voltas aims to transform itself into one of India’s top three consumer brands
  06 Sep 2023, retail.economictimes.indiatimes.com
  Voltas, a Tata-owned company known for air-conditioners and refrigerators, is aiming to become one of India’s top three consumer durable brands. The company is undergoing a transformation with increased capital allocation, faster decision making, and strengthened leadership…
• Clothing, lifestyle retailers and shopping malls expect bumper festive harvest
  06 Sep 2023, retail.economictimes.indiatimes.com
  Consumers started reducing non-essential spending such as that on apparel, lifestyle products, electronics and dining out since Diwali last year due to inflation, increase in interest rates, job losses in sectors like startups and IT, and an overall slowdown in the economy…
• Value of Indian online fashion, lifestyle market hits $11 billion, to touch $35 billion in 5 years: report
  06 Sep 2023, retail.economictimes.indiatimes.com
  New-age online-first brands such as The Souled Store and Bewakoof have seen their online businesses expand 33% since 2019 to $2.4 billion; they are projected to grow at an annual rate of around 35% to hit $10 billion by FY28, the report said…
• Zippee and GetVantage partner to help funding and delivery for direct to consumer brands
  06 Sep 2023, retail.economictimes.indiatimes.com
  Gurugram-based Zippee helps over 100 D2C businesses like Epigamia, Anveshan, Clinikally, and The Face Shop provide same-day deliveries to their customers across India…
• Overall household spending has increased for 58% consumers – Axis My India August CSI Survey
  06 Sep 2023, retail.economictimes.indiatimes.com
  Spends on essentials like personal care and household items have increased for 44% of families, which marks a significant increase by 13% from last month. Spends on non-essential and discretionary products like AC, car, and refrigerators have increased for 6% of families, which is an increase by 1% from last month…
• D2C personal care startup Pilgrim expands leadership to accelerate omnichannel strategy
  06 Sep 2023, retail.economictimes.indiatimes.com
  The expansion of leadership positions is done to accelerate the firm’s omnichannel strategy and footprint in the brick-and-mortar model, according to a statement…
• Victorinox Expands Retail Presence in India with New Shop-in-Shop in Kochi
  06 Sep 2023, indianretailer.com
  From the heart of Switzerland to Kerala, the iconic Swiss brand Victorinox has opened another shop-in-shop location at Gute Reise, First Floor, Forum Mall, Maradu, Kochi, India…
• FOSSIL Doles Out “Made For This” Campaign and Revamped Brand Identity
  06 Sep 2023, indianretailer.com
  FOSSIL announced the launch of their latest campaign, “Made For This.” In conjunction with this campaign reveal, the brand introduces a comprehensive transformation of its creative expression…
• Tanishq’s Exclusive Collab with Tarun Tahiliani, Unveils the Essence of Modern Indian Bridal Elegance
  06 Sep 2023, indianretailer.com
  In the world of timeless traditions and exquisite craftsmanship, where handcrafted tapestry meets contemporary creations, Tanishq, India’s foremost jewelry retail brand under the Tata umbrella, proudly presents ‘Rivaah x Tarun Tahiliani.’…
• Keventers’ Irresistible Flavor Revolution, Value Shakes at Just Rs 99
  06 Sep 2023, indianretailer.com
  In an unprecedented move, Keventers, the iconic milkshake brand, is introducing a lineup of shakes that seamlessly marry affordability and exceptional taste. Enter the Keventers Value Shakes, priced at just Rs 99…
• Campus Unveils Groundbreaking “Air Turbo” Footwear Tech
  06 Sep 2023, indianretailer.com
  Campus Activewear, one of India’s leading sports and athleisure footwear brands, is thrilled to unveil its latest technological innovation – “Air Turbo” as part of the Campus Nitroboost range…
• Captain Fresh Secures $20 mn in Funding for Global Expansion
  06 Sep 2023, indianretailer.com
  Captain Fresh, India’s foremost B2B fish and seafood enterprise, is delighted to announce a $20 million capital injection as part of its ongoing funding round. This strategic investment is spearheaded..
• Perfora’s Purple Teeth Whitening Serum Brightening Smiles India-wide
  06 Sep 2023, indianretailer.com
  In a world where the power of a smile speaks volumes, Perfora, India’s trailblazing digital-first oral wellness brand, has paved the way for brighter smiles with its latest breakthrough – the Purple Teeth Whitening Serum…
• Pilgrim Strengthens Leadership Team for Omnichannel Expansion
  06 Sep 2023, indianretailer.com
  Pilgrim has revealed a strategic move to bolster its leadership by appointing two new key team members. The aim is to accelerate its omnichannel strategy and expand its presence in the brick-and-mortar retail model…
• Bevzilla Unveils Green Coffee Powder, Redefining Coffee for Health-Conscious India
  06 Sep 2023, indianretailer.com
  Bevzilla, a company dedicated to revolutionizing the coffee landscape, is raising the bar once again with the introduction of Green Coffee Powder. Making health-conscious choices in line with a fast-paced lifestyle..
• How Gummies Changed the Health Narrative
  06 Sep 2023, irecwire.indianretailer.com
  With more and more people accepting these nutrient-rich supplements as an add-on in their daily lives, it is soon expected that the average consumer to switch to consuming gummies for their nutritional requirements…
• Tastefully Yours: The Journey from Oye Kake, Taftoon to Cirqa and Beyond
  06 Sep 2023, irecwire.indianretailer.com
  Determined even without a godfather in the F&B industry, he started Oye Kake in 2011 to fill the void of a proper regional Punjabi food chain in Mumbai…
• W Welcomes Anushka Sharma as Brand Ambassador; Unveils “Celebrate Your Story” Campaign
  06 Sep 2023, indianretailer.com
  India’s foremost women’s fashion brand, W, has enlisted the renowned Bollywood actor and entrepreneur Anushka Sharma as its brand ambassador. This partnership paves the way for the brand’s forthcoming…
• Tata CLiQ Luxury Unveils “Indi Finds” to Elevate the Presence of Fashion Brands in India
  06 Sep 2023, indianretailer.com
  Tata CLiQ Luxury, India’s leading luxury lifestyle platform, introduces “Indi Finds,” a dynamic store designed to captivate fashion enthusiasts and keep them in sync with the latest trends during the upcoming festive…
• Portronics Expands Product Portfolio with DASH 2
  06 Sep 2023, indianretailer.com
  Prepare for a sonic revolution that promises to redefine your karaoke escapades! Portronics, a prominent player in the portable and consumer electronics market, proudly introduces its latest innovation…
• MahaRERA to grade every real estate project
  05 Sep 2023, realty.economictimes.indiatimes.com
  The gradation based on the criteria fixed by MahaRera will be available to the general public to understand the status of the project and thus will empower them to decide on whether to invest in the project or not…
• Reliance Retail opens Metro Cash & Carry stores to all; to also continue wholesale biz from outlets for B2B customers
  05 Sep 2023, retail.economictimes.indiatimes.com
  Reliance is going to start expansion of the business which will continue to run under the Metro brand name for a couple of years under the deal. It has opened a new store in Patiala, will convert a few of its existing dark stores for new and e-commerce into such outlets, and organically build some newer ones with plans to open 40 such new stores in the next few months, the executives said…
• udaan rejigs team, business units; CTO resigns
  05 Sep 2023, retail.economictimes.indiatimes.com
  Following Bhalotia’s exit, udaan has separated its technology function into ‘Product’ and ‘Engineering’ verticals. Siddharth Reddy will be the head of Engineering and Abhilash Pillai will lead Product Management for the customer platform for udaan…
• ETRetailCafe: Jiomart’s Sandeep Varaganti on building the largest marketplace
  05 Sep 2023, retail.economictimes.indiatimes.com
  Sandeep Varaganti shares the transition of Jiomart from a destination to a complete e-commerce brand. He said, “We are focused on our customers. Our objective is to find what customers want and ensure that we are delivering that to our customers at the best quality, at the best price, at the best time possible. That’s our focus! If we keep our focus on customers, the rest is just noise.”…
• eDNS: Ghazal and Varun Alagh are planning to build an Indian BPC company for the world
  05 Sep 2023, retail.economictimes.indiatimes.com
  The journey of the company, which started six years ago with one brand – Mamaearth, today boasts of 6 brands under its portfolio…
• Zepto makes haste slowly on the quick commerce route
  05 Sep 2023, financialexpress.com
  The name Zepto is derived from the shortest unit of measurable time in Physics. But the creators of that name – two 20-year-old Stanford University dropouts – seem to be defying physics for the time being…
• Thriwe to help retailers and bank customers consolidate loyalty points and benefits
  05 Sep 2023, retail.economictimes.indiatimes.com
  Under the new initiative named Surge, the platform will change the benefits redemption landscape by offering an extensive range of options across multiple categories including sports, hospitality, fashion, entertainment, consumer durables, grocery stores and even airlines. So far, no other company has been able to provide rewards across such a diverse array of categories, all available under one roof…
• Gen AI is helping to leapfrog and driving the core transformation in the retail space: Subram Natarajan, Google Cloud
  05 Sep 2023, retail.economictimes.indiatimes.com
  Sharing thoughts at ETRetail Ecom Summit, on the technology front, Subram Natarajan, Director of Customer Engineering, Google Cloud said, “Gen AI is helping to leapfrog and driving the core transformation in the retail space.”…
• We help online businesses with secure authentication and protection of user data: Veneet Sharma, Thales
  05 Sep 2023, retail.economictimes.indiatimes.com
  Expressing his views at the #ETEcomSummit, Veneet Sharma, Regional Sales Director, Thales said, “We help online businesses with secure authentication, protection of user data, preventing automation in play with the help of AI and ML and proactively work against the threats present in the landscape.”..
• Digital is the key to engage with customers and manage supply chain :Navneet Daga, Radware
  05 Sep 2023, retail.economictimes.indiatimes.com
  While addressing the #ETEcomSummit, Navneet Daga, Sales Director – Cloud Security Business, Radware shared his thoughts by stating ‘For every business, Digital is the key to engage with customers and manage supply chain, customer support and internal employees.’…
• Samsung says it plans to add generative AI to home appliances starting next year
  05 Sep 2023, retail.economictimes.indiatimes.com
  Samsung plans to incorporate generative AI technology into its home appliances next year, according to a company executive. The technology aims to improve the user experience by enabling appliances to better understand and respond to consumer needs. The AI features will allow for contextual conversations and personalised suggestions based on past interactions…
• Smartphone demand muted in run-up to festive season
  05 Sep 2023, retail.economictimes.indiatimes.com
  This year, the festive season is spread across two quarters, with Diwali at the end of November, along with the Cricket World Cup in India expected to act as a catalyst for sales. Festive season typically accounts for a fifth of annual mobile phone sales, according to market experts…
• French Essence’s ‘Very Very French’ Campaign Unveils Luxury Fragrance
  05 Sep 2023, indianretailer.com
  The ‘Very Very French’ campaign, conceived and executed by Shreyansh Innovations, marks a significant milestone for the brand. French Essence, a renowned fragrance brand, embarks on a captivating journey in their TVC, seamlessly merging the essence of France with the allure of India…
• Skin Story to Transform Mumbai’s Beauty Scene with Non-Toxic Makeup from Dubai, UAE
  05 Sep 2023, indianretailer.com
  Mumbai’s retail beauty landscape is on the brink of a remarkable transformation as Skin Story, the sensational beauty brand originating from Dubai, UAE, is poised to captivate makeup enthusiasts with its exceptional range of eco-friendly, non-toxic, and fragrance-free makeup products…
• Experience the Marvel of COLAB 2.0: D&J and Nilesh Mitesh Redefine Indian Retail Luxury
  05 Sep 2023, indianretailer.com
  Prepare to be astonished once more as the esteemed luxury suiting brand, Don and Julio (D&J), forays into the realm of fashion, joining hands yet again with the dynamic designer duo Nilesh and Mitesh…
• The Changing Face of Retail Workforce: Role of Automation and AI
  05 Sep 2023, indianretailer.com
  Retail has long been an important industry, providing jobs to millions of people around the world. The retail industry is constantly evolving, and retailers are always seeking ways to stay ahead of the game…
• Good To Go Expands Omnichannel Meat and Seafood Retail in India through Strategic Acquisition
  05 Sep 2023, indianretailer.com
  Good To Go, the rapidly growing omnichannel meat and seafood delivery startup, is excited to announce its latest expansion initiatives that are poised to revolutionize meat purchasing and enjoyment in both North and South India…
• Varuna D Jani Redefines Bridal Jewelry Trends with Detachable Elegance
  05 Sep 2023, indianretailer.com
  Varuna D Jani, a prominent figure in the world of bridal jewelry, is reshaping the approach of contemporary brides to their wedding day adornments. Through its distinctive line of detachable bridal jewelry, this brand is forging new paths in the industry, offering versatility, adaptability, and elegance like never before…
• Experience Hair Transformation with Cadiveu’s Rose Quartz-Infused Hair Care Line in India’s Retail Scene
  05 Sep 2023, indianretailer.com
  In a groundbreaking stride within the hair care industry, we are delighted to present our innovative range of hair care products by Cadiveu. This exceptional collection harnesses the potency of Rose Quartz and plant proteins to offer more than just your typical hair care routine…
• SkinQ Revolutionizes Skin Care Quality in India with Rigorous Clinical Trials
  05 Sep 2023, indianretailer.com
  SkinQ, India’s pioneering Made Safe Certified, Dermatologist-formulated, multi-active solutions brand designed for individuals with Skin of Colour, is reshaping the standards of skin care products in India by placing extensive reliance on clinical trials…
• The Rise of E-Commerce: Adapting Supply Chains for the Digital Age
  05 Sep 2023, irecwire.indianretailer.com
  According to a report by McKinsey & Company, e-commerce sales have experienced a significant boost, with growth rates far surpassing traditional retail in many markets…
• Top 100 Omnichannel Brands in India Report 2023
  05 Sep 2023, irecwire.indianretailer.com
  Indian Retailer recently collated the top 100 omnichannel brands in India on the basis of their performance in the mentioned business for the past 5 years…
• EVM Expands Product Portfolio with EnBar 2.0
  05 Sep 2023, indianretailer.com
  As India prepares to embrace the joyous Festive Season, EVM brings a harmonious touch to the celebrations with the introduction of EnBar 2.0 – a blend of elegance, cutting-edge technology, and audio brilliance…
• Crossbeats Unveils RoadEye Dash Cam, Redefining Driving Safety in the Nation
  05 Sep 2023, indianretailer.com
  India’s pioneering consumer electronics brand has introduced its latest innovation, the ROADEYE DASH CAM, designed with a range of advanced features tailored to the needs of modern-day millennial drivers…
• NuNectar Launches Super Vita, A Junk-Free Health Drink for Kids
  05 Sep 2023, indianretailer.com
  NuNectar, an emerging player in India’s health and wellness retail industry, is thrilled to unveil Super Vita, a pioneering and wholesome health drink thoughtfully designed for children…
• High-end Online Shopping to Drive Retail Contribution to Nation’s Economy
  05 Sep 2023, indianretailer.com
  As the world moves towards a more digital age, online shopping has become a major contributor to the growth of retail industries worldwide. In addition, high-end shopping has also been a key factor in driving the retail industry’s contribution to a nation’s economy…
• Manic Panic and Wren + Glory Unites in a Vibrant Collab
  05 Sep 2023, brandlicense.indianretailer.com
  This collaboration, scheduled for launch on September 5, 2023, will unveil a limited-edition hand-painted jacket and a hand-painted hoodie, embodying the shared commitment to self-expression and originality that defines both brands…
• Chupa Chups Unveils India’s First Jelly in Tubular Form – Sour Tubes
  05 Sep 2023, brandlicense.indianretailer.com
  Chupa Chups has consistently challenged conventional norms in the category by introducing groundbreaking innovations that have captivated consumers…
• How to Grow Business Through Brand Licensing
  05 Sep 2023, brandlicense.indianretailer.com
  The Global Licensing market is over $300 billion with some 40 brands logging more than $1 billion in annual licensing sales. It would not be an exaggeration to say that some of the brands are doing better in the licensing segment than their core operations combined…
• Being Human Clothing Expands its Retail Presence in Dubai, UAE
  05 Sep 2023, indianretailer.com
  Being Human Clothing, the global fashion brand with a philanthropic mission is delighted to announce the inauguration of its first Exclusive Store in Dubai, UAE, marking a significant stride in the brand’s Middle East retail expansion while staying true to its commitment to making a positive impact…
• How Winston is Crafting the Future of Grooming and Personal Care
  05 Sep 2023, indianretailer.com
  The grooming and personal care industry has witnessed a remarkable transformation in recent years, driven by technological innovations and a growing emphasis on consumer needs and satisfaction…
• MINDSPACE REIT ACQUIRES 0.24 MSF AT COMMERZONE PORUR, CHENNAI
  04 Sep 2023, rprealtyplus.com
  Mindspace Business Parks REIT owner and developer of quality Grade A office portfolio, announces the successful acquisition of c.0.24 msf of leasable area at Commerzone Porur, Chennai, for INR 1,816 Mn, including transaction costs1…
• PRESTIGE GROUP PLANS 64 ACRE MIXED-USE TOWNSHIP IN HYDERABAD
  04 Sep 2023, rprealtyplus.com
  Prestige Group, a real estate developer based in Bengaluru has plans to transform the skyline of Hyderabad with their project called Prestige City Hyderabad. This enormous mixed-use township covers an area of 64 acres. Requires an investment of Rs 5,000 crore…
• Walmart invests $3.5 billion in Flipkart, ups stake to 80.5%
  04 Sep 2023, retail.economictimes.indiatimes.com
  Walmart has spent $3.5 billion this year to increase its stake in Indian business Flipkart to 80.5%, underlining the aggressive bets the United States-based retailer is making in the country, which it counts as one of its key markets…
• Ikea eyes omnichannel expansion and local sourcing in India
  04 Sep 2023, retail.economictimes.indiatimes.com
  Susanne Pulverer, CEO of Ikea India, emphasized the company’s commitment to long-term growth in the Indian market. She stated, “Our next growth phase in India looks very promising and full of opportunities. IKEA is committed to India and here for the long term…
• ITC to invest Rs 1,500 crore to set up food manufacturing, packaging plants in Madhya Pradesh
  04 Sep 2023, retail.economictimes.indiatimes.com
  The two projects, when complete, would entail a total investment outlay of Rs 1,500 crores which will support livelihoods across sustainable value chains…
• Casa Decor eyes Rs 200 crore revenue in this fiscal; plans offline expansion in India
  04 Sep 2023, retail.economictimes.indiatimes.com
  Casa Decor, the home decor firm hopes the revenue contribution to increase from the domestic market as it plans to expand its offline presence this year with its own stores in cities including Noida and Gurugram and subsequently in Mumbai, Bengaluru, and Hyderabad…
• Food business to pip edible oil for Marico
  04 Sep 2023, retail.economictimes.indiatimes.com
  The revenue contribution of coconut oil in the domestic business has come down by approximately 700 basis points(7%) over the last 5 years, while the domestic revenue share of new categories of foods and premium personal care (including digital first brands) has grown to approximately 15% of domestic revenue in FY23. This contribution is likely to move up to approximately 20% in FY24…
• HUL readying new detergent-making tech in green drive
  04 Sep 2023, retail.economictimes.indiatimes.com
  The company is the market leader with over 43% of India’s laundry market with brands such as Surf, Rin, and Wheel. HUL’s home care business in India is the biggest for Unilever globally with annual sales of ₹21,230 crore…
• We see a huge opportunity to meet consumers’ expectations in India: James Wellwood, Urbanic
  04 Sep 2023, retail.economictimes.indiatimes.com
  Expressing his views on addressing the demand in the Indian market, James Wellwood, Co-founder, Urbanicsaid, “In India, we see a huge opportunity to meet consumers’ expectations and provide them with different designs based on regions, states, and cities.”…
• The need for customization and personalization is a growing trend: Pankaj Jathar, VP and Country Head India, Etsy
  04 Sep 2023, retail.economictimes.indiatimes.com
  While sharing thoughts on overall e-commerce industry at ETRetail Ecom Summit, Pankaj Jathar, VP and Country Head India, Etsy said, “Customization and personalization need is a growing trend. We see buyers across the country looking for unique, different products and which can be customized.”..
• Affordability and Omnichannel presence will be the next lever for growth: Nakul Jain, Paytm Payments Service
  04 Sep 2023, retail.economictimes.indiatimes.com
  Sharing his thoughts on growth of ecommerce with digital payments going hand in hand, Nakul Jain, MD and CEO, Paytm Payments Service said, as ecommerce is evolving, we see digital payments options available for customers to buy products online are increasing. We think affordability and omnichannel presence will be the next lever for growth…
• Zomato unveils Zomato AI: Your personalized food assistant
  04 Sep 2023, retail.economictimes.indiatimes.com
  Zomato, the popular online meal delivery service, has launched Zomato AI, an interactive chatbot integrated into its app to enhance the food ordering experience. The chatbot can provide personalized food recommendations, answer culinary questions, and suggest popular dishes or restaurants…
• Rain shortfall may hit rural FMCG recovery
  04 Sep 2023, retail.economictimes.indiatimes.com
  Rural market recovery for fast-moving consumer goods (FMCG), which had just started witnessing green shoots, could get derailed if the monsoon remains below normal in September as well…
• PVR Inox’s August collections hit a new monthly high
  04 Sep 2023, retail.economictimes.indiatimes.com
  The company said August saw the highest-ever monthly admissions of nearly 19 million guests thronging to PVR Inox theatres, driven by the blockbuster performances of ‘Gadar 2’, ‘OMG2’, ‘Dreamgirl 2’ (Hindi), ‘Jailer’ (Tamil) and the continuing success of July releases like ‘Rocky aur Rani ki Prem Kahani’ (Hindi) and ‘Oppenheimer’ (English)…
• Caratlane on the fast track; Titan eyes omnichannel play
  04 Sep 2023, financialexpress.com
  In a world where cash burn is the norm, Caratlane is an exception. The omni-channel retailer, which specialises in diamond-studded jewellery and caters for the youth, has been profitable for the last three years now…
• Technology helps scale retail buisnesses with pace and profitability: Aditya Nanda, MongoDB
  04 Sep 2023, retail.economictimes.indiatimes.com
  Talking with ETRetail and sharing his views, Aditya Nanda, Regional Vice President – DNB & Mid-markets, MongoDB said “Three things applicable for retailers and startups is innovation and scale, sustainability and profitability, and technology complement these two things.”…
• Young consumers buying into brand narratives first, say founders of new-age brands
  04 Sep 2023, retail.economictimes.indiatimes.com
  According to new-age brand founders, many young consumers prioritize brand narratives over products when making buying decisions. They believe that their stories convince consumers for repeat purchases, while others argue that it is the product itself that solves a problem for consumers…
• Phab Revolutionizes Healthy Eating in India with Delicious, Protein-Packed Goodness
  04 Sep 2023, indianretailer.com
  In today’s fast-paced world, where everyone strives for improved nutrition without compromising taste, and amid rising protein deficiencies, Phab emerges as the perfect companion on your journey to a healthier life…
• Barovier and Toso Shines Bright in India: Unveiling the Stunning Robin Suspension Lamp
  04 Sep 2023, indianretailer.com
  Established back in 1295, Barovier and Toso have a rich history of crafting exquisite Venetian mouth-blown crystal masterpieces. These creations are meticulously handcrafted by skilled artisans in the historic Murano, Italy, who continue to uphold a time-honored tradition passed down through generations…
• How the Ready-to-Eat Market in India will Change over the Next Decade
  04 Sep 2023, indianretailer.com
  Packaged food has changed a lot over the years and the ready-to-eat market in India has also witnessed unprecedented growth in recent years…
• Barovier and Toso Illuminate India: Unveiling the Exquisite Robin Suspension Lamp in the Indian Retail
  04 Sep 2023, indianretailer.com
  Founded in 1295, Barovier and Toso have been producing exceptional Venetian mouth-blown crystal creations, meticulously crafted by master artisans in Murano, Italy, who safeguard an age-old tradition passed down through generations…
• Nissin Foods Elevates Sandeep Bakhshi to Managing Director of Indo Nissin for Strategic Growth
  04 Sep 2023, indianretailer.com
  Nissin Foods Holdings Co., Ltd., a global leader in instant noodles, has unveiled a restructured senior leadership team, signaling its commitment to propelling business growth in India’s retail sector…
• Luxury E-Commerce: A Confluence of Opulence and Technology Shaping Exquisite Customer Experiences
  04 Sep 2023, indianretailer.com
  The realm of luxury e-commerce stands as a testament to the symbiotic relationship between opulence and technology. In an era where online shopping has transcended conventional…
• Palak Tiwari Named Ambassador for BiE Luxury Clean Skincare Brand
  04 Sep 2023, indianretailer.com
  BiE proudly introduces the talented Palak Tiwari as the inaugural face of their luxury clean skincare brand. Founded by former Miss India, supermodel, and entrepreneur Queenie Singh…
• Pa Pa Ya Modern Asian Bistro has opened its doors in Hyderabad
  04 Sep 2023, restaurant.indianretailer.com
  Pa Pa Ya is set to transform Hyderabad’s dining scene with their modern Asian delights. This establishment specializes in Pan-Asian cuisine and aims to provide authentic environment that harmonizes the Zen philosophy with the city’s vibrant pursuit of enjoyment…
• Tira’s “For Every You” Campaign with Kareena Kapoor Khan, Kiara Advani, and Suhana Khan Takes Center Stage in India’s Reliance Retail Beauty Platform
  04 Sep 2023, indianretailer.com
  Reliance Retail’s recently introduced omni-channel beauty retail platform, Tira, proudly unveils its inaugural high-impact 360-degree campaign titled “For Every You,” featuring renowned personalities Kareena Kapoor Khan, Kiara Advani, and Suhana Khan…
• Farmley Unveils Second Phase of ‘Healthy ko Rakhe Healthy’ Campaign Starring Rahul Dravid
  04 Sep 2023, indianretailer.com
  Farmley, the renowned healthy snacking brand in India, has launched the next stage of its ongoing campaign, ‘Healthy ko Rakhe Healthy.’…
• Luxury Retailers Are Following the Money to India’s New Affluent
  04 Sep 2023, bloomberg.com
  A few blocks from the Reserve Bank of India’s headquarters in Mumbai lies the true marker of the country’s rising wealth — a new store from Indian fashion designer Sabyasachi Mukherjee in a restored building dating from the early 1900s…
• JLL APPOINTED AS ROLLS-ROYCE INDIA AND GLOBAL REAL ESTATE FACILITIES MANAGER
  02 Sep 2023, retail.economictimes.indiatimes.com
  Rolls-Royce has appointed JLL as its global real estate facilities manager for its portfolio spread across China, Germany, India, Singapore, the UK and the US…
• Mukesh Ambani’s Reliance Retail in talks to raise $2.5 billion- sources
  02 Sep 2023, retail.economictimes.indiatimes.com
  Reliance Retail Ventures, owned by Mukesh Ambani, is in talks with global investors to raise around $2.5 billion by the end of September. This is part of a $3.5 billion target set by the company, with $1 billion already raised from Qatar Investment Authority…
• Aditya Birla Fashion to raise Rs 750 cr
  02 Sep 2023, retail.economictimes.indiatimes.com
  In a separate filing, the company said that it has completed the acquisition of a 29 per cent stake in TCNS Clothing Co Limited pursuant to the open offer…
• JCPenney is spending $1 billion on store and online upgrades in latest bid to revive its business
  02 Sep 2023, retail.economictimes.indiatimes.com
  The money is going toward remodeling JCPenney stores, upgrading its online shopping site and app, and making its supply network more efficient so that online orders are delivered more quickly…
• Amazon ‘excited’ about India; sees huge headroom for e-comm market growth: Country Head
  02 Sep 2023, retail.economictimes.indiatimes.com
  Amazon, which recently marked its 10-year journey in India and has a 100 million-plus customer base, still considers it ‘day zero’ here, given a massive runaway for growth in this largely under-penetrated market. Amazon, he pointed out, continues to invest in India, as required by the market…
• Nissin Foods elevates Sandeep Bakhshi as Managing Director of Indo Nissin Foods
  02 Sep 2023, retail.economictimes.indiatimes.com
  Indo Nissin Foods is a subsidiary of Nissin Foods Holdings Co. It was set up in 1991 and launched brands such as Top Ramen, Cup Noodles and Geki Korean Noodles…
• SLMG Beverages plans to invest Rs 100 cr to increase EV fleet
  02 Sep 2023, retail.economictimes.indiatimes.com
  SLMG Beverages, India’s largest independent bottler of Coca-Cola, plans to invest around Rs 100 crore to increase its electric vehicle (EV) fleet from 2,000 to 5,000 by 2024. The company aims to convert its entire distribution network to EVs and has partnered with Mahindra & Mahindra and Tata Motors to supply the 3-wheelers for bottle distribution…
• DS Group, Laderach bet on India’s luxury market to grow; to invest in cold chain
  02 Sep 2023, retail.economictimes.indiatimes.com
  Rajiv Kumar, vice chairman, DS Group said the group is investing in setting up a specialised cold chain for the luxury chocolate business. “We recognise evolving consumer preferences and believe that there is ample opportunity for growth. The luxury segment is growing so that’s a very big opportunity,” he said…
• Demand for low-priced footwear under Rs 300 increasing: Walkaroo founder
  02 Sep 2023, retail.economictimes.indiatimes.com
  Explaining the company’s strategy, the industry leader shared that as a manufacturing company, Walkaroo did value engineering, increased its capacity, and reduced the number of SKUs to offer value products at affordable prices…
• Reliance Consumer launches Campa Cricket
  02 Sep 2023, livemint.com
  Reliance Consumer Products Limited (RCPL), the FMCG arm and fully-owned subsidiary of Reliance Retail Ventures Limited (RRVL), on Friday said it has expanded its beverage portfolio with the launch of lemon-flavoured carbonated drink—Campa Cricket…
• Louis Vuitton picks up space in RIL’s Jio World Plaza in Mumbai’s BKC
  02 Sep 2023, retail.economictimes.indiatimes.com
  Louis Vuitton has secured retail space in Mumbai’s Bandra-Kurla Complex for its largest store in India. The luxury fashion brand leased the space for 9.5 years and will pay monthly rentals of nearly Rs 40.50 lakh. The new store will be spread over 7,365 sq ft and is set to open in February 2023…
• Arzooo revolutionises retail industry, aimed at empowering offline retail stores against giants: Co-founder Rishi Raj Rathore
  02 Sep 2023, retail.economictimes.indiatimes.com
  The start-up, founded by ex-Flipkart alums Khushnud Khan and Rathore in 2018, is aimed at empowering retailers in their battle against retail giants. With that as the goal, they set out to bridge the gap between tradition and innovation, and bring e-commerce convenience and technology to offline retail stores…
• Pure play brands to drive India’s $30 billion beauty and personal care market opportunity – Redseer Strategy Consultants and Peak XV report
  02 Sep 2023, retail.economictimes.indiatimes.com
  In comparison, China’s BPC will grow 7% while Indonesia’s market will expand 8%. India, that will account for nearly 5% of the global growth opportunity has per capita spends of $14 in BPC category compared with US which has the highest spends at $313 and China that spends $38 on a per capita basis…
• Dell raises full-year forecasts on AI strength, demand recovery
  02 Sep 2023, retail.economictimes.indiatimes.com
  The results are the latest sign that a downturn in tech spending could be drawing to a close after major networking equipment provider Cisco also beat quarterly revenue estimates…
• Apple, Samsung say no to laptops as India market too small
  02 Sep 2023, financialexpress.com
  Even as 40 companies including the likes of HP, Dell, Lenovo, etc, have applied for the revised IT Hardware production-linked incentive scheme, two of the biggest global tech players, Apple and Samsung decided to give it a miss for the second time…
• KL Rahul’s H-Tested Program Ensures Authenticity and Transparency in Health and Wellness Sector
  02 Sep 2023, indianretailer.com
  In today’s saturated health supplements and wellness product market, authenticity and transparency are no longer mere buzzwords but essential requirements…
• A Confluence of Opulence and Technology Shaping Exquisite Customer Experiences
  02 Sep 2023, retail.economictimes.indiatimes.com
  The realm of luxury e-commerce stands as a testament to the symbiotic relationship between opulence and technology. In an era where online shopping has transcended conventional boundaries, the luxury…
• Superfoods Valley Expands Product Portfolio with Good Monk
  02 Sep 2023, indianretailer.com
  Superfoods Valley, a prominent nutrition and food-tech startup headquartered in Bengaluru, has unveiled its second product, Good Monk: Healthy 50+. This scientifically formulated nutrition blend targets issues related to gut health, energy levels, bone health, and cognitive function…
• Raj Diamonds Shines with “Opulent Allure” Diamond Jewellery Collection at Bangalore Fashion Week
  02 Sep 2023, indianretailer.com
  Renowned diamond jewellery brand Raj Diamonds has unveiled the stunning “Opulent Allure” collection at Bangalore Fashion Week, captivating style-conscious consumers in India…
• Amazon India & India Post Forge Strategic Partnership to Streamline Cross-Border Logistics for MSME Exporters
  02 Sep 2023, indianretailer.com
  Amazon India recently announced a series of initiatives aimed at boosting India’s digital economy and exports, aligning with its commitments to the country. In a move that deepens its longstanding…
• INNISFREE Unveils Refreshed Look and Sustainable Approach to Beauty Scene in India
  02 Sep 2023, indianretailer.com
  The renowned Korean beauty brand, INNISFREE, has revealed an enticing new identity with the tagline “Clean Island, where clean nature and healthy beauty coexist happily.”…
• Prospering in Small Indian Cities: Key Strategies for Café Biz Success
  02 Sep 2023, irecwire.indianretailer.com
  the landscape of small Indian cities presents both intricate challenges and untapped potential for businesses looking to thrive. Over the years, a certain café chain has emerged as a prime example of how to navigate the complexities of operating in such environments…
• BROOKFIELDNHCC & HICC Promote Prabin C.B to Director of Revenue Management
  02 Sep 2023, restaurant.indianretailer.com
  Prabin will play an active role in scrutinizing real-time data and market reports, offering recommendations for revenue-generating strategies and demand forecasting…
• Blue Tokai Coffee Roasters Launches the Fourth Edition of Producer Series
  02 Sep 2023, restaurant.indianretailer.com
  Blue Tokai has been actively collaborating with more than 70 coffee producers in India to introduce the nation’s top-quality coffees to a global audience. ..
• Lifetime Brands Partners with Dolly Parton for Kitchenware and Tabletop Collection
  02 Sep 2023, brandlicense.indianretailer.com
  The extensive product line will encompass a wide range of items, including kitchen tools, gadgets, bakeware, cookware, spice racks, cutlery, and cutting boards, catering to the food preparation category…
• Ben Sherman Inks Licensing Deal with BSI Apparel for Menswear Expansion
  02 Sep 2023, brandlicense.indianretailer.com
  The goal is to accelerate the expansion of full-price retail operations in physical stores throughout the UK while optimizing growth across Ben Sherman’s UK e-commerce, retail, and wholesale segments…
• Fitspire Joins Forces with Akelli Movie to Promote Women’s Wellness
  02 Sep 2023, indianretailer.com
  Vegan lifestyle and fitness startup Fitspire has announced a collaboration with the new Indian thriller drama, Akelli, aimed at raising awareness about women’s well-being…
• ‘India among most important markets where we operate’
  02 Sep 2023, livemint.com
  BrookfieldIndia remains a “large opportunity” for Amazon.com Inc. globally with the e-commerce firm constantly unleashing investments in the market amid expectations…
• ONDC to Bring The Next Big B2B Digital Commerce Revolution In India
  02 Sep 2023, indianretailer.com
  The pioneering initiative, the Open Network for Digital Commerce (ONDC), spearheaded by the Government of India, seeks to democratize the e-commerce landscape in the nation…
• GERA DEVELOPMENTS UNVEILED NEW CAMPAIGN FEATURING AMITABH BACHCHAN
  01 Sep 2023, rprealtyplus.com
  Amitabh Bachchan was named brand ambassador and the face of Gera Developments Pvt. Ltd (GDPL), the pioneers of the real estate business and the award-winning creators of premium residential and commercial projects in Pune, Goa, and California, last month…
• IKEA EXPLORES EXPANSION PLANS IN SOUTH DELHI & DWARKA
  01 Sep 2023, rprealtyplus.com
  Swedish retail giant Ikea’s expansion plans have led it to scout for around 25 acres of land in prime locations such as South Delh and Dwarka…
• Amazon signs pact with India Post for MSME exporters
  01 Sep 2023, retail.economictimes.indiatimes.com
  Minister of state for science and technology Jitendra Singh unveiled a postal stamp to commemorate a decade of partnership between India Post and Amazon at the latter’s Smbhav Summit 2023…
• Nestlé India enters into millets-based Ready-to-Make category
  01 Sep 2023, retail.economictimes.indiatimes.com
  The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up, its Chairman and Managing Director Suresh Narayanan said…
• ONDC provides huge growth opportunities for financial services, manufacturing, e-commerce, agri sectors: Deloitte
  01 Sep 2023, retail.economictimes.indiatimes.com
  The report said that the ONDC presents an opportunity for financial institutions to engage with MSMEs segment that is mainly dependent on government schemes and non-baking financial companies (NBFCs) for credit as they are not deemed creditworthy by mainstream financial institutions…
• Scotch maker Chivas Brother reports 27% growth in India in FY23
  01 Sep 2023, retail.economictimes.indiatimes.com
  Chivas Brothers, a leading Scotch whiskey manufacturer, reported a 27% increase in sales in the Indian market in FY23, driven by new Scotch audiences and the premiumization of the market. India emerged as one of the top growing markets for the company, with brands like Glenlivet experiencing strong growth. ..
• Dutch hair cosmetics brand Keune partners with Maison D’ Auraine to enter India
  01 Sep 2023, retail.economictimes.indiatimes.com
  Keune has introduced its entire portfolio of 1,600 SKUs in India. The entire product portfolio of the family-owned Dutch brand will be available through Maison D’Auraine at more than 25,000 premium salons across India…
• Behind Apple no-show: Low laptop, tablet sales in India
  01 Sep 2023, retail.economictimes.indiatimes.com
  The decision is also because Apple does not invest in manufacturing facilities itself and works with global electronic contract manufacturers. It did not even apply for the smartphone PLI, the executives said. They said about 80% of Apple India’s revenue is driven by smartphones, a bread and butter product for the company…
• Festive season opens with small biz owners tapping flea markets
  01 Sep 2023, retail.economictimes.indiatimes.com
  From fashion jewellery to baked goods and handicraft items, young people are now curating and selling unique merchandise in flea markets this festive season…
• Verlinvest Asia pared 12.56% stake in Sula Vineyards for Rs 513 crore
  01 Sep 2023, moneycontrol.com
  According to the bulk deal data available with the NSE, Verlinvest Asia Pte offloaded a total of 1.06 crore shares, amounting to a 12.56 percent stake in Sula Vineyards…
• Food inflation still a concern; uncertainty due to shortfall of monsoon: Nestle India CMD Suresh Narayanan
  01 Sep 2023, retail.economictimes.indiatimes.com
  Over the rural demand, Narayanan said even though it sounds speculative, if the rural sector gets badly impacted due to rains, then demand from those markets will have an impact. Nestle India, the makers of popular Maggi instant noodles, Kitkat chocolates and Nescafe, is expanding its rural exposure with relevant offering and currently gets one-fifth of sales from far-flung markets…
• Tata Soulfull plans to enter big categories this year; focus on expanding distribution
  01 Sep 2023, retail.economictimes.indiatimes.com
  The company recently launched Ragi Choco Sticks and forayed into the granola category early this year…
• Data and analytics can be instrumental in shaping FMCG’s future: Nithya Subramanian, Kellogg Company
  01 Sep 2023, retail.economictimes.indiatimes.com
  One of the primary ways data and analytics are influencing the FMCG industry is through demand forecasting and inventory management. By analyzing historical sales data, market trends, and external factors like seasonality and economic indicators, FMCG companies can optimize their production and supply chain processes…
• D2C Ayurveda brand Kapiva elevates COO and CRO as co-founders
  01 Sep 2023, retail.economictimes.indiatimes.com
  In their new roles, Shantanu will be focusing on developing the brand as a strategic asset and curating science-backed products while Anuj will be responsible for integrating technology to ensure smooth delivery of holistic health outcomes…
• Personal care brand Clensta doubles its GMV in Q1FY24
  01 Sep 2023, retail.economictimes.indiatimes.com
  In Q1 FY24, the brand’s contribution margin 3 (CM3) demonstrated a positive upswing to 10 per cent from a negative -3 per cent in Q4 FY23. The return on advertising spend (ROAS) reached 2.44 in Q1 FY24…
• Kalyan Jewellers to Unveil its 4th Showroom in Kolkata
  01 Sep 2023, indianretailer.com
  Kalyan Jewellers, a prominent and trusted jewelry brand in India, has revealed its plans to enhance its presence in Kolkata by inaugurating a new showroom on VIP Road. The inauguration of this showroom, which will be the company’s 4th in Kolkata, will be graced by the presence of the brand’s Global Brand Ambassador, Katrina Kaif…
• Centuary Mattresses Onboards Badminton Star PV Sindhu as its Brand Ambassador
  01 Sep 2023, indianretailer.com
  Centuary Mattress, a rapidly growing mattress brand in India, has announced the inclusion of celebrated badminton sensation PV Sindhu as its brand ambassador…
• Maison D’Auraine Introduces Keune, the Dutch Haircosmetics Brand, to the Indian Market
  01 Sep 2023, indianretailer.com
  Maison D’ Auraine, a conglomerate housing an array of luxury brands in the domains of hair, beauty, and personal care, has introduced the esteemed Dutch hair cosmetics brand, Keune, to the Indian market…
• Sloggi Introduces Innovative Innerwear for the Autumn-Winter Season
  01 Sep 2023, indianretailer.com
  Sloggi, the Swiss lingerie brand, introduces its fresh Autumn-Winter collection designed to suit all occasions. This collection celebrates a blend of exceptional comfort and playful style, seamlessly integrating technology and organic materials to produce a contemporary line that is both versatile and gentle on the skin…
• Revolutionizing Food Security Through Efficient Cold Supply Chain Solutions
  01 Sep 2023, indianretailer.com
  The HORECA (Hotel, Restaurant, and Catering) sector in India is witnessing a transformative shift with the rise of food ordering apps and doorstep delivery services…
• Cross-Border Collaborations and Ecommerce Usher in the Golden Age of Indian Handicrafts
  01 Sep 2023, irecwire.indianretailer.com
  The Indian handicrafts market is expected to grow at a steady pace and reach $6,218.4 mn by 2028, representing a compound annual growth rate (CAGR) of 7.7% from 2023 to 2028!..
• BROOKFIELDBurger King China Partners with Telpo for Self-ordering Kiosk
  01 Sep 2023, retail.economictimes.indiatimes.com
  In addition, the self-order kiosk K20 (Originally called TPS781) adopts a 3D structured light camera, making the accuracy of face recognition up to 99.9%…
• Bombay Sapphire Launches Premium Handcrafted Cru Murcian Lemon Flavoured Gin
  01 Sep 2023, restaurant.indianretailer.com
  Bombay Sspphire Cru Murcian Lemon, a fresh addition to the renowned premium gin brand’s lineup…
• McDonald’s India-North and East Collaborates with GreenCell Mobility
  01 Sep 2023, restaurant.indianretailer.com
  McDonald’s India – North and East has continuously shown its dedication to promoting sustainability within the green economy…
• What Made This Duo Start a Smoothie Brand that Speaks of ‘Nutrition’
  01 Sep 2023, restaurant.indianretailer.com
  In an exclusive interaction with Restaurant India, Abhishek Sarwate & Shweta Tare Sarwate of Utopian Smoothies talks about starting a smoothie brand that boasts of nutrition and healthy ingredients…
• Burger King China Partners with Telpo for Self-ordering Kiosk
  01 Sep 2023, restaurant.indianretailer.com
  In addition, the self-order kiosk K20 (Originally called TPS781) adopts a 3D structured light camera, making the accuracy of face recognition up to 99.9%. ..
• How Caprese is Innovating the Handbag Industry with AI
  01 Sep 2023, indianretailer.com
  The Indian fashion market is undergoing a transformative shift, and AI is playing a pivotal role in shaping its future. With AI-generated images, brands in India can now captivate customers with visually…
• MINDSPACE REIT CREATES BIO-SONIFICATION ZONE AT AIROLI CAMPUS
  31 Aug 2023, rprealtyplus.com
  Mindspace Business Parks REIT owner and developer of quality Grade A office portfolio, creates a first-of-its-kind Bio-Sonification Zone in its Business Park at Mindspace, Airoli West (Mumbai Region)…
• ASHWIN SHETH GROUP APPOINTS BHAVIK BHANDARI AS CSMO
  31 Aug 2023, rprealtyplus.com
  In a strategic move aimed at advancing its growth trajectory, Ashwin Sheth Group a leading real estate company proudly introduces Mr Bhavik Bhandari as the newly appointed Chief Sales and Marketing Officer (CSMO)…
• INDIABULLS REAL ESTATE ANNOUNCES ATUL CHANDRA AS COO
  31 Aug 2023, retail.economictimes.indiatimes.com
  Indiabulls Real Estate Limited announced that it has named Atul Chandra as Chief Operating Officer (COO) with effect from August 28…
• India turning into magnet for foreign luxury brands
  31 Aug 2023, retail.economictimes.indiatimes.com
  India is becoming an attractive destination for foreign luxury brands as they aim to tap into the growing affluence of Indian consumers. Factors such as exposure to global trends, younger consumers purchasing luxury goods, and a post-pandemic economic boom are driving this trend…
• Ferns & Petals joins ONDC to enhance customer reach
  31 Aug 2023, retail.economictimes.indiatimes.com
  The integration of FNP and ONDC empowers the company to showcase its premium products across diverse digital platforms. “This expansion enhances our outreach, facilitating the delivery of joy to a multitude of customers, thereby reinforcing our mutual objective,” Chirantan Sharma, AVP Product FNP, said…
• Make in India: Dell, HP, Foxconn, and others in line for state aid in production
  31 Aug 2023, livemint.com
  Amid central government’s push to make a manufacturing hub for the world, its financial incentive plan to boost local production is receiving good response. ..
• Best Buy results beat a bright spot amid weak annual forecast
  31 Aug 2023, retail.economictimes.indiatimes.com
  From big-box retailer Target to department-store chain Macy’s, U.S. companies have flagged cautious consumers cutting back on discretionary spending and focusing on essentials like groceries due to sticky inflation…
• India Turning into Magnet for Foreign Luxury Brands
  31 Aug 2023, economictimes.indiatimes.com
  More than a dozen luxury consumer goods brands are entering the country ahead of the festive season, as they look to attract consumers in a market riding on the growing affluence of Indians with higher incomes, spurring greater discretionary spending even in small towns…
• GapMaps releases first Cafe Retail Network Report in India for 2023
  31 Aug 2023, hospitalitybizindia.com
  Café Coffee Day records the highest store network in India, while Tier 1c and Tier 2 cities are under–penetrated across tracked brands in the fast food sector…
• Dimpal Kaushik Appointed as Director of Finance at Scuzo Ice ‘O’ Magic
  31 Aug 2023, restaurant.indianretailer.com
  Dimpal has an impressive background in finance, corporate auditing, taxation, and management consulting, She is set to enhance the financial strategies and growth direction of Scuzo Ice ‘O’ Magic…
• INDIABULLS REAL ESTATE ANNOUNCES ATUL CHANDRA AS COO
  30 Aug 2023, rprealtyplus.com
  Indiabulls Real Estate Limited announced that it has named Atul Chandra as Chief Operating Officer (COO) with effect from August 28…
• Mindspace REIT to raise Rs 500 crore by way of private placement
  30 Aug 2023, realty.economictimes.indiatimes.com
  “The executive committee have approved raising funds by Mindspace REIT through issue of upto 50,000 listed, rated, secured, non-cumulative, taxable, transferable, redeemable non-convertible debentures of a nominal value of Rs one lakh each,” said Mindspace REIT…
• Titan’s Taneira eyes to become Rs 1,000 crore brand by FY 2027
  30 Aug 2023, retail.economictimes.indiatimes.com
  “By the end of this fiscal, we plan to take the total store count to 80. We will continue opening stores in metro and tier I cities, but the focus will now shift to tier II and tier III cities,” Ambuj Narayan, CEO, Taneira said…
• ITC partners startups to stay ‘agile and nimble’
  30 Aug 2023, retail.economictimes.indiatimes.com
  Indian conglomerate ITC has partnered with around 45 startups in various sectors, including consumer space, social commerce, content creation, and agritech solutions. The company aims to foster agility and an entrepreneurial mindset among its employees and remain consumer-centric and resilient. ITC has invested in startups directly and through venture capital funds, and is focused on integrated opportunities rather than isolated ones…
• Brand Concepts to invest Rs 50 crore to open new luggage manufacturing plant
  30 Aug 2023, retail.economictimes.indiatimes.com
  At present, the manufacturing plant of the company spans across 60,000 sq ft, and with the new manufacturing plant, which spans across 3,50,000 sq.ft., the total area of the manufacturing plant will reach 4,10,000 sq.ft…
• Parag Milk Foods makes 9 key appointments in its management team
  30 Aug 2023, retail.economictimes.indiatimes.com
  Commenting on the appointments, Devendra Shah, Chairman, Parag Milk Foods said, “Their diverse expertise and leadership will be instrumental in driving Parag Milk Foods towards new heights of innovation. With this investment in our management team we cement our dedication to delivering excellence to our stakeholders and driving sustainable success.”…
• Next step for Reliance Retail is probably to have global footprints: Mahantesh Sabarad
  30 Aug 2023, retail.economictimes.indiatimes.com
  “The retail business has done wonderfully well. As it is, almost half of Reliance’s consolidated revenue now comes from the consumer side of the business, which is essentially retail, Jio, etc. Those are well-seeded business verticals. With Qatar Investment Authority coming in, I suspect, the next step would be Reliance trying and aiming to grow beyond the retail presence in India and probably have a global footprint.”…
• CoutLoot to onboard five million sellers from Tier 1 towns in the next two years
  30 Aug 2023, retail.economictimes.indiatimes.com
  “E-commerce adoption, small minimum order quantity purchases, access to credit are some of the early trends that are common across retailers. Coutloot’s strategy for the next year is to consolidate and increase our penetration of supply, demand and services offered to a particular retailer while capturing a mass share in the non grocery retail market,” Jasmeet Thind, Cofounder of CoutLoot said…
• Future Consumer sells Nilgiri Dairy Farm to AVA Cholayil Healthcare for Rs 67 crore
  30 Aug 2023, retail.economictimes.indiatimes.com
  Future Consumer Ltd has announced the sale of its dairy business, Nilgiri Dairy Farm, to AVA Cholayil Healthcare for Rs 67 crore. This move will help Future Consumer monetize its assets and address its debt issues. The sale includes the transfer of all operations related to the dairy business, including franchisee operations, retail trade operations, and the sourcing, processing, packaging, and marketing of dairy products, bakery products, FMCG, staples, and other products. ..
• Confident of 55-57% gross margins, EBITDAs north of 30% in FY24, says Metro Brands CEO
  30 Aug 2023, retail.economictimes.indiatimes.com
  “I am quite confident that we would continue to have EBITDAs north of 30%. We also have the Cravatex acquisition that in the first four quarters of the combination and consolidation of those numbers, it is going to have a negative impact on some of our numbers. But overall, the business is very stable and very sound.”…
• Gillette India June quarter PAT up 36% to Rs 92 cr
  30 Aug 2023, retail.economictimes.indiatimes.com
  Total income of the company, which owns leading brands Gillette and Oral B – in the June quarter increased 12.59 per cent to Rs 624.22 crore…
• Weak monsoon may ruin festive season sales
  30 Aug 2023, retail.economictimes.indiatimes.com
  The festive season – starting from Onam covering Ganesh Chaturthi, Durga Puja, Dusshera, Diwali and Bhai Dooj – accounts for 35-40% of annual sales for companies in sectors like electronics, white goods and automobiles…
• Philips to expand local manufacturing in India; adds mother and childcare products to the list
  30 Aug 2023, retail.economictimes.indiatimes.com
  Royal Philips has announced plans to expand production of mother and childcare products in addition to its beauty and grooming range in India. The company will be expanding production at its co-manufacturing site in Baddi, Himachal Pradesh, and will also be producing sterilizers for the mother and childcare segment…
• TCL Charts Carbon Neutrality Path at 2023 Global Ecosystem Partner Conference
  30 Aug 2023, indianretailer.com
  TCL, a renowned consumer electronics brand and one of the world’s top TV manufacturers, recently convened the 2023 TCL Global Ecosystem Partner Conference (GPC 2023), where it unveiled the TCL Industries’ Carbon Neutrality White Paper…
• Philips Expands Local Manufacturing of Personal Health Products in India to Serve Local Demand
  30 Aug 2023, indianretailer.com
  Royal Philips, a global leader in health technology, announced the expansion of its manufacturing unit in India to encompass a broader range of the company’s personal health product categories…
• ASUS Emerges as No. 2 Consumer Notebook Brand in India, Continues Growth Streak
  30 Aug 2023, indianretailer.com
  ASUS India, the Taiwanese technology powerhouse, has achieved a significant milestone by securing the No. 2 position in the consumer notebook category in India for two consecutive quarters…
• G-SHOCK Unveils Clear Remix Edition
  30 Aug 2023, indianretailer.com
  G-SHOCK, the pioneering watch brand celebrated for its exceptional ruggedness and innovative craftsmanship, proudly presents the Clear Remix Edition – a distinctive collection that seamlessly blends inner construction with the enduring G-SHOCK toughness…
• Swiss Beauty Unveils ‘The Lipstick Of India’ – Hold Me Matte Liquid Lipstick
  30 Aug 2023, indianretailer.com
  Swiss Beauty, a beloved Indian color cosmetics brand, unveils its grandest launch of the year – ‘The Hold Me Matte Liquid Lipstick,’ proudly christened as ‘The Lipstick Of India.’…
• Jovees Herbal Unveils New Brand Campaign with Parineeti Chopra
  30 Aug 2023, indianretailer.com
  Amidst the surging demand for natural skin care products and a commitment to offer enduring solutions for skin and hair care needs, Jovees Herbal is dedicated to delivering the finest that nature has to offer…
• Choko La Extends Its Premium Chocolate Legacy with New Chocolate Drink
  30 Aug 2023, indianretailer.com
  Choko La, the brainchild of Vasudha Munjal Dinodia, remains steadfast in its mission to spread joy, unity, and love through the world of chocolate…
• From Guidelines to Diners’ Decisions: Understanding the Service Charge Debate in Indian Restaurants
  30 Aug 2023, irecwire.indianretailer.com
  As legal battles persist and industry perspectives differ, consumers should be educated about their rights and choices…
• Choko La Enters Premium FMCG with their Chocolate Drink Collection
  30 Aug 2023, restaurant.indianretailer.com
  Choko La, by Vasudha Munjal Dinodia is now venturing into the upscale FMCG sector by introducing the Choko La Chocolate Drink, conveniently packaged in a 200 ml can…
• Accor to Open Mercure Lucknow Ekana Sportz City as it Continues to Expand in India
  30 Aug 2023, restaurant.indianretailer.com
  Accor currently operates 58 properties in India, under the Raffles, Fairmont, Sofitel, Pullman, Grand Mercure, Novotel, Mercure and ibis brands. The Group has a strong pipeline of 25 properties currently under development in India…
• JW Marriott Bengaluru Partners with INJA for Indian-Japanese Culinary Fusion
  30 Aug 2023, restaurant.indianretailer.com
  The exclusive dining experience will comprise an 8-course menu complemented by wine pairing choices presented by JW Marriott Bengaluru’s resident sommelier…
• LTC Hospitality Unveils the Robot Restaurant Yellow House in Lucknow
  30 Aug 2023, restaurant.indianretailer.com
  These robotic servers are powered by artificial intelligence, seamlessly integrating data from each table into their seamless operations…
• John Jacobs and Masaba Gupta Unveil a Mesmerizing Eyewear Collection
  30 Aug 2023, brandlicense.indianretailer.com
  This collection seamlessly melds the distinctive qualities of John Jacobs – renowned for its elegant eyewear – with Masaba’s trailblazing style, characterized by iconic motifs, vibrant palettes, and a dash of fusion flair…
• Ericsson and Huawei Extend Global Patent Cross-Licensing Agreement
  30 Aug 2023, brandlicense.indianretailer.com
  This agreement encompasses the sales of network infrastructure and consumer devices by both companies, effectively granting them worldwide access to each other’s patented and standardized technologies…
• SPARC Group and SHEIN Forge Strategic Partnership to Transform Fashion Retail
  30 Aug 2023, brandlicense.indianretailer.com
  This strategic alliance is poised to revolutionize SPARC Group’s distribution of Forever 21, bringing added value and diversity to SHEIN’s vast customer base, which currently serves 150 million online users…
• HonorTech to Revive Honour Smartphone Brand in India with Rs 1,000 cr Investment
  30 Aug 2023, brandlicense.indianretailer.com
  Operating under a licensing agreement with the Chinese smart device company, Honour, HonorTech aims to secure a 4-5 percent market share in terms of volume by the end of the coming year, which would translate to a revenue of Rs 10,000 crore…
• Shiprocket Fulfillment Expands Presence in India with Three New High-Tech Warehouses
  30 Aug 2023, indianretailer.com
  Shiprocket Fulfillment, a leading tech-enabled warehousing solution provider for both retail and e-commerce brands, has officially announced the inauguration of three state-of-the-art warehouse facilities strategically located in Gurgaon, Mumbai, and Bangalore…
• ONDC Celebrates Milestone, Over 50k Restaurants, Join the Network for Online Food Ordering
  30 Aug 2023, indianretailer.com
  The Open Network for Digital Commerce (ONDC), an initiative led by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, has achieved a significant milestone in its journey…
• Unveiling the Intricate Weave of Passion, Innovation, and Style
  30 Aug 2023, indianretailer.com
  India, a land rich in cultural diversity and traditional craftsmanship, holds within its folds an inventory of unique fashion sensibilities. While the country is renowned for its vibrant textiles…
• G-SHOCK Unveils Clear Remix Edition
  30 Aug 2023, indianretailer.com
  G-SHOCK, the pioneering watch brand celebrated for its exceptional ruggedness and innovative craftsmanship, proudly presents the Clear Remix Edition – a distinctive collection that seamlessly blends inner construction with the enduring G-SHOCK toughness…
• DLF TO LAUNCH LUXURY HOUSING PROJECTS WORTH RS 15,000 CR IN GURUGRAM
  29 Aug 2023, rprealtyplus.com
  Realty major DLF Ltd will launch two luxury housing projects worth Rs 15,000 crore in Gurugram during the second half of this financial year to expand its business amid strong demand for premium homes…
• Mukesh Ambani hints at raising more money for Reliance Retail at 46th AGM
  29 Aug 2023, retail.economictimes.indiatimes.com
  ET last week reported that the retail major is looking to sell 8-10 per cent more stakes to fund its expansion, retire debt, and prepare for an IPO…
• Britannia aims to more than double its cheese biz in next 3 years; plans to invest in growth of e-commerce and MT channels
  29 Aug 2023, retail.economictimes.indiatimes.com
  To penetrate deeper into the households, Britannia Bel Foods is working on accessibility and affordability. It plans to come up with Rs 10 sachets and expand its distribution multifold in metro ciies…
• Ikea Hyderabad store, its first outlet in India, to breakeven soon, says CEO
  29 Aug 2023, retail.economictimes.indiatimes.com
  ​​ Speaking to media, Ikea India CEO Susanne Pulverer said the firm is exploring different formats of stores in terms of size, to penetrate the market and get closer to people where they live. It would also be complemented by online services…
• Reliance Retail to take Campa brand global
  29 Aug 2023, retail.economictimes.indiatimes.com
  Campa, which competes with global cola makers Coca-Cola and PepsiCo in India, will be the first homegrown cola to be taken overseas. “We are scaling it (Campa) up further in India, and have also started work to take it global, starting with Asia and Africa,” Ambani, director at Reliance Retail Ventures, said in her address at the AGM…
• From Startup to Unicorn: A look back at Zepto’s journey
  29 Aug 2023, retail.economictimes.indiatimes.com
  Founded in 2021 by two Stanford University drop-outs Aadit Palicha and Kaivalya Vohra, Zepto is a quick commerce platform that offers a 10-minute grocery delivery service. The startup was launched to provide customers with ultra-fast grocery delivery…
• Titan invests Rs 15 crore to open 12 stores of watches division across Delhi NCR
  29 Aug 2023, retail.economictimes.indiatimes.com
  For this festive season, the company is looking at close to 25 per cent growth from these new stores and overall city growth of close to 20 per cent…
• P&G Hygiene and Health Care Q4 PAT trebles to Rs 151 crore
  29 Aug 2023, retail.economictimes.indiatimes.com
  During the quarter, the company delivered a 10% growth in sales at Rs 852 crore. The company has attributed this growth to “strong brand fundamentals and integrated growth strategy”…
• Gokaldas Exports inks deal to buy out Dubai-based garment firm Atraco
  29 Aug 2023, retail.economictimes.indiatimes.com
  The equity value of the transaction is $55 million and the same will be funded by a mix of debt and internal accruals. The transaction will comprise acquisition of shares and assets and will be subject to customary regulatory approvals. The transaction is expected to be closed by the October-December quarter of this fiscal year…
• Circular electronics biz models can create addressable market of up to USD 20 billion by 2035: Study
  29 Aug 2023, retail.economictimes.indiatimes.com
  The report suggests that implementing multi-brand repair services, refurbishment standards, and a product as-a-service framework could also generate 110,000 high-quality green jobs and reduce greenhouse gas emissions by 1.6 million tonnes…
• Taneira Expands Retail Presence with the Inauguration of its 50th Store
  29 Aug 2023, indianretailer.com
  Taneira, a TATA-affiliated brand, is thrilled to announce the extension of its retail footprint with the grand inauguration of its 50th store. Spanning an impressive 1800 sq. ft….
• Cult.fit Celebrates 100 Successful Franchise Sign-ups Across India
  29 Aug 2023, indianretailer.com
  Cult.fit, the prominent fitness service brand in India, proudly announces the achievement of a significant milestone – 100 successful sign-ups for franchised centers nationwide…
• Non-Metro Customers Contribute 50 pc of Online Rakhi and Gift Shopping
  29 Aug 2023, indianretailer.com
  Non-metro customers constitute a significant 50 percent of the online retail landscape for Rakshabandhan, according to a comprehensive analysis conducted by the prominent Direct-to-Consumer (D2C) gifting platform, IGP…
• Simpli Namdhari’s Promotes Wellness and Sustainability in India with ‘Chai and Charchalu’ Event
  29 Aug 2023, indianretailer.com
  Simpli Namdhari’s, the exclusive 100 percent vegetarian omnichannel retailer in India, recently hosted its inaugural ‘Chai and Charchalu’ event, featuring actress and fitness enthusiast, Pranita Subhash…
• Celestial Tribute: India’s Chandrayaan 3 Inspires Lunar Dulce Choux Bun by ITC Sunfeast Baked Creations
  29 Aug 2023, indianretailer.com
  In a magnificent blend of science and sweetness, an extraordinary event is unfolding in the cosmos – the Chandrayaan 3 satellite is set to make its historic landing on the lunar surface…
• The future of Retail Health and The New Healthcare Experience
  29 Aug 2023, indianretailer.com
  As the world of healthcare evolves, a transformative movement is gaining momentum, poised to revolutionize preventive care and personalized wellness. The future of retail health holds the potential to empower…
• Blackberrys Unveils Innovative Temp Tech Apparel Line Redefining Men’s Fashion
  29 Aug 2023, indianretailer.com
  Blackberrys, the iconic Indian clothing brand renowned for spearheading men’s fashion trends for over three decades, has introduced its groundbreaking Temp Tech apparel line…
• Stylework Appoints Vishal Narvekar as Chief Product Officer
  29 Aug 2023, indianretailer.com
  In a significant stride towards its growth strategy, Stylework Innovation Hub Pvt Ltd, India’s fastest-growing coworking space aggregator platform, has appointed Vishal Narvekar as the company’s Chief Product Officer…
• LTC Hospitality Unveils the Robot Restaurant Yellow House in Lucknow
  29 Aug 2023, restaurant.indianretailer.com
  These robotic servers are powered by artificial intelligence, seamlessly integrating data from each table into their seamless operations…
• Richard Lenny to Retire from McDonald’s Board of Directors after 18 Years of Service
  29 Aug 2023, restaurant.indianretailer.com
  McDonald’s Corporation has announced the retirement of Richard “Rick” Lenny from the McDonald’s Board of Directors, effective October 31, 2023…
• Kalpesh Kature Takes Helm as Executive Chef at Renaissance Ahmedabad Hotel
  29 Aug 2023, restaurant.indianretailer.com
  Chef Kalpesh will be responsible for supervising the culinary functions of the prestigious hotel’s trio of distinctive dining establishments: R Kitchen, ; Kuro – The Asian Bistro; and Mill & Co – Coffee House…
• Renest Hotels & Resorts has announced the opening of its new hotel Renest Calangute
  29 Aug 2023, restaurant.indianretailer.com
  Renest Hotels & Resorts is excited to declare the official launch of its latest hotel, the Renest Calangute Goa, set to greet visitors starting October 2023…
• HRAWI Forms Special Task Force to Tackle Hospitality Industry Talent Shortage
  29 Aug 2023, restaurant.indianretailer.com
  HRAWI plans to release a comprehensive report that evaluates various facets of contemporary hospitality education, proposing solutions to enhance the quality and efficacy of academic curriculum…
• IKEA’s “IKEA ICONIC” Celebrates 80 Years of Design Innovation
  29 Aug 2023, indianretailer.com
  To commemorate 80 years of global design heritage and innovation, IKEA hosted the “IKEA ICONIC” event in Mumbai. The event showcased their all-time iconic home furnishing products and introduced a limited-edition…
• IndoStar Capital sells two builder loans to Phoenix ARC
  28 Aug 2023, realty.economictimes.indiatimes.com
  Non-banking finance companies (NBFCs) categorise loans as stage 2 if the overdue period is between 30 and 60 days. Classification of borrower accounts occurs during the day-end process for the specified date…
• APARNA CONST & ESTATES LAUNCHES LUXURY HOUSING GATED COMMUNITY IN HYD
  28 Aug 2023, rprealtyplus.com
  Aparna Constructions and Estates Private Limited, one of the largest real estate developers and the only backward-integrated developer in South India, today announced the launch of Aparna Synergy, an exquisite gated community of high-end apartments in Gandi Maisamma, Hyderabad…
• INDIAN REALTY TO CONTRIBUTE 15.5% TO TOTAL ECONOMIC OUTPUT IN 2047
  28 Aug 2023, rprealtyplus.com
  In its latest report Knight Frank India, in association of NAREDCO has projected that India’s real estate sector is expected to expand to USD 5.8 trillion (trn) or USD 5,833 billion (bn) by 2047. This estimated real estate output value will contribute 15.5% to the total economic output in 2047 from an existing share of 7.3%…
• Seeing green shoots of pickup on volumes as inflation moderates: ITC CMD Sanjiv Puri
  28 Aug 2023, retail.economictimes.indiatimes.com
  In the recently concluded June quarter, ITC and several other FMCG makers reported volume gains and improvement in margins. ITC has 25 brands including Aashirvaad, Bingo, Sunfeast, YiPPee, Fiama, Vivel, Savlon etc…
• Tata-owned omnichannel jewellery retailer CaratLane appoints Avnish Anand as chief executive
  28 Aug 2023, retail.economictimes.indiatimes.com
  Anand was previously chief operating officer of the Tata Group-owned CaratLane and has been at the firm for more than 8 years…
• E-commerce, FMCG demand for EVs in superfast lane
  28 Aug 2023, retail.economictimes.indiatimes.com
  Demand for electric vehicles (EVs) has doubled among ecommerce companies and consumer goods makers as they seek to reduce costs and meet carbon emission reduction targets. Companies such as Amazon, Hindustan Unilever, and Coca-Cola are switching to EVs for deliveries…
• Need to keep in mind ESG cost math: ITC’s Sanjiv Puri
  28 Aug 2023, retail.economictimes.indiatimes.com
  Sanjiv Puri, Chairman and Managing Director of ITC, highlighted the importance of considering cost implications when implementing environmental, social, and governance (ESG) frameworks for small enterprises in India. Puri emphasized the need for economically viable models and solutions to control the costs of ESG compliance for MSMEs, as an inflationary environment could negatively impact growth…
• Mall sales perk up amid rise in footfalls in movie theatres
  28 Aug 2023, retail.economictimes.indiatimes.com
  The success of movies Rocky aur Rani Kii Prem Kahaani, Gadar 2 and OMG 2 has lifted sales in malls in August with retailers reporting a 10-15% increase in footfalls and sales in comparison with last month. Other movies that have brought back people to cinemas include Barbie and Oppenheimer…
• India’s moonshot launches craze for merchandise
  28 Aug 2023, retail.economictimes.indiatimes.com
  India’s moon landing on August 23 has sparked a surge in demand for space-themed merchandise, with Indian Space Research Organisation (ISRO) and Chandrayaan 3-themed products seeing a ten-fold increase in sales. Merchandise categories such as T-shirts, iron-on badges, hoodies, and caps are in high demand…
• Mia by Tanishq strengthens retail footprint in Chennai
  28 Aug 2023, retail.economictimes.indiatimes.com
  The exclusive stores of Mia in Chennai have an exquisite range of trendy and contemporary 14kt and 18 kt jewellery designs and they were inaugurated commemorating the auspicious Varamahalakshmi festival, a press release said…
• Can Gap CEO Richard Dickson bring it back to the pink of wealth?
  28 Aug 2023, retail.economictimes.indiatimes.com
  Gap Inc. is placing its hopes on CEO Richard Dickson to turn around the company’s fortunes. Dickson, known for his success in reviving Mattel’s Barbie brand, has been credited with transforming Barbie’s image and generating buzz, but sales gains have not always been sustained…
• Honasa Consumer’s brand Aqualogica crosses Rs 12.5 crore monthly revenue in 1.5 years
  28 Aug 2023, retail.economictimes.indiatimes.com
  The company shared that the growth of Aqualogica can be attributed to its keen awareness of the unmet needs in the Indian skincare market and its proactive approach to filling those gaps through continuous product innovation…
• FNP Celebrates Rakshabandhan with Sneh
  28 Aug 2023, indianretailer.com
  New-age retail gifting brand, FNP (Ferns N Petals), is commemorating the special occasion of Rakshabandhan with the introduction of Sneh, India’s pioneer Rakhi brand…
• Myrah Opens its Third Luxury Spa, Salon, and Dermatology Branch in Santacruz
  28 Aug 2023, indianretailer.com
  Acclaimed Spa Myrah is delighted to announce the inauguration of its third branch in Santacruz, India. This expansion introduces a diverse array of groundbreaking services, including Spa, Salon, and Dermatology, meticulously curated to provide an unparalleled experience centered on beauty, relaxation, and overall well-being…
• Wonderchef Expands Retail Presence in India with 26th Store in Mumbai Malad
  28 Aug 2023, indianretailer.com
  Wonderchef, the renowned cookware and premium kitchen appliance company, has unveiled its 26th exclusive store in India, strategically located in Mumbai Malad…
• Leveraging the Power of AI in Retail Sector
  28 Aug 2023, indianretailer.com
  Retail has long been an important industry, providing jobs to millions of people around the world. The retail industry is constantly evolving, and retailers are always seeking ways to stay ahead of the game…
• Elevating Indian Snacking: Wonderland Foods’ Journey of Innovation and Growth
  28 Aug 2023, indianretailer.com
  Wonderland Foods, a prominent player in the retail dry fruits sector in India, is poised to revolutionize the snacking industry with its exceptional products and inventive offerings…
• How Recycling Technology is Helping the Brands in the Footwear Industry
  28 Aug 2023, indianretailer.com
  The environmental impact of the fashion industry, particularly the footwear sector, has lately come to light. As consumers become more worried about climate change and the growing amount of plastic garbage in our oceans, they expect more ecologically friendly and sustainable products…
• Beauty by BiE Unveils Berry Pop Hydrating Lip Balm and Coffee and Cream Nourishing Lip Balm
  28 Aug 2023, indianretailer.com
  The quest for the perfect lip balm ends here! Beauty by BiE, a prominent name in the world of clean beauty, introduces two exciting additions to their lip care collection for the Indian retail market – Berry Pop Hydrating Lip Balm and Coffee and Cream Nourishing Lip Balm…
• Soothe Healthcare Takes Lead in India, Joining Global Initiative for Resource Efficiency and Circular Economy
  28 Aug 2023, indianretailer.com
  Soothe Healthcare, the rapidly advancing personal hygiene company in India and the creators of Paree Sanitary Pads, proudly announces its role as a founding member of the Resource Efficiency Circular Economy Industry Coalition (RECEIC), represented by Paridhi Mantri, AVP of Product Innovation and Insights at Soothe Healthcare…
• Crossbeats Expands Product Portfolio with Aura Smartwatch
  28 Aug 2023, indianretailer.com
  Crossbeats, the premier smartwatch and wireless audio brand in India, has introduced its latest breakthrough, the Aura Smartwatch…
• Paytm Launches ‘India’s Festive Wallet Outlook 2023’
  28 Aug 2023, indianretailer.com
  One97 Communications Limited (OCL), the owner of Paytm, India’s foremost payments and financial services company renowned for pioneering QR, mobile payments, and Soundbox technology, has unveiled a report titled ‘India’s Festive Wallet Outlook 2023’ at the ET Martequity Summit 2023…
• Mars Inc to invest Rs 800 cr to expand its Telangana plant
  26 Aug 2023, retail.economictimes.indiatimes.com
  Global manufacturer of confectionery, pet food, and other food products Mars Inc has announced an investment of Rs 800 crore to commence phase-II expansion of its plant in Telangana. ​​Mars Petcare, its pet food and pet healthcare division, has a plant with fixed capital investment of Rs 200 crore in Siddipet district where pet food is manufactured under well-known brands such as Pedigree and Whiskers…
• Co-founder Avnish Anand elevated as CEO of CaratLane with immediate effect
  26 Aug 2023, moneycontrol.com
  Anand has been with the company for over eight years. Meanwhile, co-founder Gurukeerthi Gurunathan will continue to play an important role as the Chief Technology Officer of CaratLane, the company said…
• Grasim aims to be 2nd largest player in decorative paints segment: Kumar Mangalam Birla
  26 Aug 2023, retail.economictimes.indiatimes.com
  Aditya Birla group firm Grasim Industries aims to become the second largest player in the paints sector which it considers a “high-potential” growth engine along with its new B2B e-commerce business for construction materials, its Chairman Kumar Mangalam Birla said at the company’s AGM on Friday…
• Shein and Forever 21 team up in hopes of expanding reach of both fast-fashion retailers
  26 Aug 2023, retail.economictimes.indiatimes.com
  Under a partnership agreement announced Thursday, the Chinese-founded Shein will acquire about one-third interest in Sparc Group, Forever 21’s operator. Sparc will also become a minority shareholder in Shein…
• Soon, one can book a table in a restaurant through Swiggy
  26 Aug 2023, thehindubusinessline.com
  Soon, one can reserve tables in restaurants using the Swiggy app. The company is currently running a pilot that allows customers to book table reservations across 200 restaurants in Chennai, Ahmedabad, Jaipur and Pune, according to Rohit Kapoor, CEO of Food Marketplace, Swiggy…
• India has the potential to be the largest market for US Polo, says CEO J Michael Prince
  26 Aug 2023, retail.economictimes.indiatimes.com
  Indian currently represents over 15% of the overall business worldwide and is the third largest market after the United States and Turkey. “India has the potential to be our largest market, how soon that will be, I don’t know but I think it just has tremendous potential. It has a large young population, demographies are changing with wealth creation and it is one of the world’s great economies and only getting better each and every day,” said J Michael Prince, President and CEO of USPA Global Licensing…
• Gap eyes weak third-quarter sales as consumer spending weakens
  26 Aug 2023, retail.economictimes.indiatimes.com
  Gap’s weak sales were on similar lines to the latest earnings and forecasts from retailers ranging from Macy’s to Foot Locker, in fresh signs U.S. consumer spending is under stress heading into the second half of the year due to persistent inflation and repeated interest rate hikes…
• Indian shoppers predicted to boost their spending by 14% over previous year this festive season: Disney+ Hotstar survey
  26 Aug 2023, retail.economictimes.indiatimes.com
  As cricket fever grips the nation with only days to go to the Asia Cup followed by the ICC Men’s Cricket World Cup 2023, the second edition of Disney+ Hotstar’s Festive Shopping Sentiment Survey has found that shoppers this festive season are likely to increase their spending by 14 per cent over last year, driven by a 12 per cent increase in the size of their shopping baskets…
• Reliance Retail Opens Youth-Centric Fashion Retail Format “Yousta” in Hyderabad’s Sarath City Mall
  26 Aug 2023, indianretailer.com
  India’s largest retailer, Reliance Retail, unveiled its youth-focused fashion retail concept, “Yousta,” today, marking the opening of its inaugural store in Hyderabad’s Sarath City Mall…
• Heads Up For Tails Opens its Flagship Store in Bangalore
  26 Aug 2023, indianretailer.com
  Heads Up For Tails announced the grand inauguration of its magnificent flagship retail store in Bangalore. Situated on Vittal Mallya Road, this new establishment marks the unveiling of their largest and 16th outlet in Bangalore, dedicated to providing pets with the highest quality products and offering pet owners ultimate convenience…
• DS Group Collabs with Läderach to Unveil Exclusive Store in New Delhi
  26 Aug 2023, indianretailer.com
  As the exclusive partner of the esteemed Swiss Chocolate brand, Läderach in India, the DS Group, a diversified multi-business corporation and a prominent FMCG conglomerate, has announced the inauguration of the first exclusive Läderach retail store in India…
• Caprese Expands Product Portfolio with Tresna Collection
  26 Aug 2023, indianretailer.com
  Caprese, the premier luxury handbag brand in India, is thrilled to introduce its latest handbag line, The Tresna Collection. This collection serves as a tribute to the intricate embroidery heritage of Kashmir, where each stitch weaves a narrative spanning generations, combining artistry and tradition with the utmost finesse…
• Shoppers Stop’s MD Resigns, Kavindra Mishra Named as New CEO
  26 Aug 2023, indianretailer.com
  In a recent announcement, India’s premier retailer, Shoppers Stop, shared that their Managing Director and Chief Executive Officer, Venugopal G. Nair, will be stepping down from his position effective August 31, 2023, citing personal reasons…
• Saundh’s Artful Approach Revolutionizes the Indian Retail Experience
  26 Aug 2023, indianretailer.com
  Saundh, a renowned name synonymous with style, substance, and serenity in Indian ethnic wear, is setting the stage for a unique retail transformation…
• Archies Unveils Brand Mascot ‘AMA’; Embarks on a Journey into the Kids’ Category
  26 Aug 2023, indianretailer.com
  For 44 years, Archies has been a name synonymous with heartfelt gifting, making special occasions even more memorable. Its legacy stretches across India, touching the lives of numerous age groups…
• The Ayurveda Co Expands its Retail Footprint in India and Eyes MENA Region After 500 pc Revenue Surge
  26 Aug 2023, indianretailer.com
  The Ayurveda Co. (TAC), is charting an impressive course of growth both at home and abroad. The company has firmly established itself as a formidable player in Direct-to-Consumer (D2C), Ayurveda, and e-commerce, experiencing an astonishing 500 percent increase in revenue from March to October 2022…
• How Loopify averted a ton of plastic pollution with its zero-plastic gifting strategy
  26 Aug 2023, indianretailer.com
  Think about it: How many of us know about the detrimental effects of the plastic products we employ in our daily routines? How many of us actively seek out and use alternatives? It’s not that we lack awareness about the issue; we do acknowledge it…
• Nesterra’s Rakshabandhan Campaign #BringOnThePillows Promises Joyful Sibling Bonding
  26 Aug 2023, indianretailer.com
  Nesterra, the leading premium home furnishings brand specializing in upholstery and drapery, under the esteemed K.K. Birla group’s Sutlej Textiles and Industries Ltd., is gearing up to launch its highly anticipated Rakshabandhan campaign, #BringOnThePillows, in India’s retail market…
• BROOKFIELDPhab’s Irresistible Range Redefines Healthy Snacking in India
  26 Aug 2023, indianretailer.com
  In today’s fast-paced world, where the desire for improved nutrition meets the need for great taste, and where protein deficiency is a common concern, Phab emerges as the ideal ally on your journey toward a healthier life…
• La Mior Unveils Luminous Retouch Hydrating Liquid Concealer for Effortless Beauty
  26 Aug 2023, indianretailer.com
  In a move to enhance its thriving product line, La Mior is introducing the Luminous Retouch Hydrating Liquid Concealer, a cosmetic innovation designed to revolutionize how we approach makeup…
• Westside Celebrates 25 Years of Fashion, Lifestyle and Decor
  26 Aug 2023, irecwire.indianretailer.com
  India is expressive across entertainment spaces and that should reflect in today’s fashion choices, says Umashan Naidoo, Head of Customer & Beauty at Westside..
• Serving Deliciousness: How This Brand is Catering Customers for 3 Generations
  26 Aug 2023, irecwire.indianretailer.com
  We collect comment cards from our customers on a regular basis in order to stay in touch with the pulse of our clients and take their feedback very seriously…
• Chembur Welcomes the Latest Addition of Third Wave Coffee in Mumbai
  26 Aug 2023, restaurant.indianretailer.com
  This new inclusion to the Third Wave franchise aims to revolutionize the café encounter and bring joy to the palates of both coffee aficionados and food lovers…
• HDFC Bank and Marriott Bonvoy® Introduce India’s First Co-Brand Hotel Credit Card
  26 Aug 2023, restaurant.indianretailer.com
  The collaboration between Marriott Bonvoy and HDFC Bank for the credit card cpmbines the synergies of both entities, presenting customers with an unparalleled range of travel advantages…
• KFC India Introduces Limited Edition Double Down Burger
  26 Aug 2023, retail.economictimes.indiatimes.com
  The exclusive KFC Double Down Burger, available for a limited time, consists of two succulent chicken fillets enveloping delectable sauces (a combination of spicy and creamy Dynamite Mayo along with Sriracha) and crispy vegetables in-between…
• Reliance and Oberoi Hotels Forge Partnership for Luxury Hospitality Ventures
  26 Aug 2023, restaurant.indianretailer.com
  Reliance Industries Limited (RIL) announced collaboration with The Oberoi Hotels and Resorts (Oberoi) to co-manage three establishments in India and the UK..
• Plight of Himachal Pradesh Restaurants and the Call for Government Support
  26 Aug 2023, rprealtyplus.com
  The reverberations of the ongoing monsoon have echoed across the tourist hotspots of Shimla, Manali, and Dharamshala, with hotel occupancy plummeting to abysmal levels below ten percent…
• Mattel Revives Beloved Barney Franchise with Expanded Content and Merchandise Lineup
  26 Aug 2023, brandlicense.indianretailer.com
  Mattel’s decision to revive Barney symbolizes the company’s strategic approach to leverage its vast intellectual property (IP) portfolio for reinvigorating beloved heritage franchises…
• Toho International Grants Concept One Accessories Exclusive Licensing Rights for Godzilla
  26 Aug 2023, brandlicense.indianretailer.com
  These items will be available in markets across the United States, Canada, Mexico, Europe, Australia, and South Africa just before the holiday season…
• OKIE Sustains Impressive Surge in Indian Consumer Electronics Market, Aims for 100 Crore Sales and 100,000 Unit Sales Target
  26 Aug 2023, indianretailer.com
  OKIE, India’s leading homegrown home entertainment brand, has reaffirmed its position as a prominent player in the ever-evolving consumer electronics landscape…
• Kanine Collaborates with Myntra, Unveils Global Pet Fashion Brands in India
  26 Aug 2023, indianretailer.com
  Kanine has introduced its international fashion and accessories brands in India. This move brings over 2500 distinct products to the Indian market, all available on Myntra and www.kanineindia.com…
• Livpure Achieves Remarkable Nearly 50 pc Revenue Growth in Q1
  26 Aug 2023, indianretailer.com
  Livpure Pvt. Ltd proudly announced an outstanding close-to-50 percent surge in revenue during the initial quarter of the current fiscal year…
• Aqualogica Achieves Rs 12.5 cr Monthly Revenue Milestone in 18 Months
  26 Aug 2023, indianretailer.com
  Aqua-based skincare brand Aqualogica, a part of Honasa Consumer with the flagship Mamaearth brand, is thrilled to announce a remarkable milestone…
• Bioderma Riding the Wave of India’s Booming Skincare Industry with Innovation & Expansion
  26 Aug 2023, indianretailer.com
  The skincare industry is thriving, and it’s not just a fad. It has demonstrated remarkable resilience even amid global economic crises. In India, the skincare market is growing at a projected rate of approximately 4 percent annually, with a projected market size of Rs 19,000 crore…
• Nisus Finance, Phoenix ARC invest nearly Rs 100 crore in Ahmedabad commercial project
  25 Aug 2023, realty.economictimes.indiatimes.com
  The investment will help Nisus Finance and Phoenix ARC take over the project and exit the loans of the erstwhile lender DHFL through Piramal Capital & Housing Finance…
• Shoppers Stop MD and CEO resigns
  25 Aug 2023, retail.economictimes.indiatimes.com
  Venugopal G. Nair, the Managing Director and CEO of Shoppers Stop, has resigned from his position for personal reasons. The company praised Nair for his contributions in strengthening the business during the post-Covid era. Kavindra Mishra, the Chief Commercial Officer and CEO of Homestop, has been promoted as the new Executive Director & CEO of Shoppers Stop…
• We have outperformed the market, consistently gained market share – AB InBev India president Kartikeya Sharma
  25 Aug 2023, retail.economictimes.indiatimes.com
  Both United Breweries and Carlsberg blamed supply chain issues and route to market changes for their low growth during the quarter. For instance, UB, the maker of Kingfisher beer, said Telangana cancelled permissions for Sunday shifts in plants leading to capacity constraints while inter-state sales were affected as it was not profitable to sell, given the impact of import duties. ..
• Sandwich showdown. Sandwich chain Subway agrees to sell itself to Roark Capital in $9 billion deal
  25 Aug 2023, thehindubusinessline.com
  Roark Capital Group has won the race to acquire US sandwich chain Subway after seeing off a late challenge from a rival bid group led by TDR Capital and Sycamore Partners…
• Reliance Retail launches youth fashion retail brand Yousta; opens first store in Hyderabad
  25 Aug 2023, retail.economictimes.indiatimes.com
  ​​Akhilesh Prasad, President and CEO – Fashion and Lifestyle, Reliance Retail, said, “Yousta is a young and dynamic brand that underlines a way of life, which will grow and evolve with the youth of this country. The team will continuously work with India’s younger generation to understand their evolving fashion needs.”…
• Now, wearable cos bet on smart rings
  25 Aug 2023, retail.economictimes.indiatimes.com
  Indian brands Boat and Noise are entering the smart ring market, targeting fitness enthusiasts. The companies are looking to capitalize on the growing wearables market and the increasing demand for premium devices. Boat has imported 5,000 units for its first sale and expects to ship between 50,000 and 100,000 units in the first year. ..
• Indian e-commerce to grow to about 150 billion GMV by FY27: Mohit Rana
  25 Aug 2023, retail.economictimes.indiatimes.com
  ​As that market starts getting saturated, all platforms are A) targeting the next set of consumers and also the next set of suppliers. And SMEs in overall retail universe, they have accounted for almost two-third of the Indian retail, but they have been under-represented in e-commerce space so far…
• Small firms eye homegrown apps to build strong footprint beyond metros
  25 Aug 2023, retail.economictimes.indiatimes.com
  Small businesses in India, such as wafer, hosiery, and footwear companies, are turning to homegrown apps to expand their reach and boost sales. These apps provide access to a hyper-local audience and help businesses establish a strong presence beyond metro cities…
• Global premium pets company Kanine enters into India market through Myntra and Kanine India
  25 Aug 2023, retail.economictimes.indiatimes.com
  The company shared that its strategic approach for the first year emphasizes online platforms, encompassing both the company website and marketplace platforms, to ensure convenient access for pet parents nationwide. Looking ahead, it plans to expand by introducing 4 concept stores in key metro cities. Also, Kanine India has made an initial investment of Rs 25 crore to establish a robust presence in India’s pet-care domain…
• FSSAI amends alcoholic beverage norms; says no nutritional info on label except energy content
  25 Aug 2023, retail.economictimes.indiatimes.com
  In the amendment, the FSSAI has also defined single malt whiskey and single grain whiskey. “Alcoholic beverage shall not contain any nutritional information on the label except energy content in kcal. Such declaration related to energy content shall be voluntary,” FSSAI said in the regulation…
• UK supermarket Asda launches fresh round of price cuts
  25 Aug 2023, retail.economictimes.indiatimes.com
  Asda, Britain’s third largest grocer, said it had lowered the prices of 425 branded and own-label products, such as nappies, bread, cereals and sausages, by an average of 11%…
• Abercrombie & Fitch raises sales forecast as fresh clothing styles draw shoppers
  25 Aug 2023, retail.economictimes.indiatimes.com
  Abercrombie has been filling its shelves with a fresh collection of styles, including dressy apparel and cargo pants, while also capitalizing on the demand for new denim silhouettes, as jeans become a post-pandemic workwear wardrobe staple…
• MADHYA PRADESH HOUSING BOARD ON-BOARD ANAROCK FOR CRM SERVICES
  24 Aug 2023, rprealtyplus.com
  India’s leading independent residential real estate services consultant Anarock Group has announced that it has signed up the Madhya Pradesh Housing Board (MPHB) for its proprietary AI-enabled customer relationship management services…
• Reliance Retail to get investment of Rs 8,278 crore from Qatar Investment Authority
  24 Aug 2023, rprealtyplus.com
  RRVL, through its subsidiaries and associates, operates India’s largest, retail business with an integrated omni-channel network of over 18,500 stores…
• Thomson to get its laptops to India; plans local production
  24 Aug 2023, retail.economictimes.indiatimes.com
  “Thomson will be coming in a big manner in the laptop category. This decision has been made to counter laptop brands which have come in smart TVs. We will be targeting all segments from entry-level to ultra-premium,” Avneet Singh Marwah, CEO of Super Plastronics (SPPL), Thomson’s official brand licensee and manufacturing partner in India, told ET…
• Bespoke luxury leather brand Brune & Bareskin eyes Rs 25 crore revenue in this fiscal; bets big on product customization
  24 Aug 2023, retail.economictimes.indiatimes.com
  Brune & Bareskin has seen consistent revenue growth over the last few years. In the previous fiscal 2022-23, its revenue stood at Rs 15.7 crore; in FY2021-22, it was at Rs 8.8 crore; and in FY2020-21, it stood at Rs 3.5 crore, as the company shared…
• ‘Smaller towns driving growth of beauty products’
  24 Aug 2023, retail.economictimes.indiatimes.com
  Fashion and lifestyle brand House of Masaba is focusing on tier-2 and 3 markets for the growth of its beauty label, LoveChild. The brand believes that these markets, along with younger consumers, are driving the real numbers in terms of demand…
• Meesho aims to grow merchant base 10 times to 1.1 crore by 2027
  24 Aug 2023, retail.economictimes.indiatimes.com
  ​​​Meesho is the first e-commerce company in India to turn profitable at the group level (consolidated profit) and expects the momentum to continue, Meesho CEO Vidit Aatrey claimed…
• Choko La eyes robust expansion in the Indian and overseas markets
  24 Aug 2023, retail.economictimes.indiatimes.com
  At present, boutique stores contribute to 60 per cent revenue of the brand and the rest 40 per cent comes from all other verticals like marketplaces, e-commerce, Q-commerce, and exports. “In the coming fiscal year, we are looking to change this ratio to 40:60 and for the next couple of years, we have no plans to enter general trade,” Vibhu Mahajan, COO, Choko La said…
• Samsonite to expand manufacturing, warehouse capacity
  24 Aug 2023, thehindubusinessline.com
  Samsonite International, the leading luggage brand, is scouting for a 4 lakh sq ft warehouse as it attempts to enhance market reach and ramp-up capacity…
• Marc Jacobs Beauty set to make a return to shelves
  24 Aug 2023, retail.economictimes.indiatimes.com
  Marc Jacobs Beauty is set to make a comeback after partnering with beauty conglomerate COTY. The brand had previously collaborated with COTY on fragrances. The new agreement with the conglomerate is expected to last for 15 years, with the makeup range hitting stores in 2025…
• The Ayurveda Company Opens First Store in Indore’s Phoenix Citadel Mall
  24 Aug 2023, indianretailer.com
  The Ayurveda Company (TAC), a renowned Ayurvedic lifestyle brand, has inaugurated its inaugural standalone retail outlet at Phoenix Citadel Mall, Indore…
• VKC DEBON Expands Product Portfolio with ‘Complete Fashion’ Collection
  24 Aug 2023, retail.economictimes.indiatimes.com
  VKC Group introduces an innovative ‘Complete Fashion’ concept through its latest offering, VKC DEBON. This groundbreaking concept transforms the footwear landscape by offering a diverse range of styles across 16 distinct categories…
• Role of Distribution Channels: Making Indian Homes Energy Efficient
  24 Aug 2023, indianretailer.com
  The need for energy-efficient solutions and products are heavily on the rise in today’s market. However, a majority of Indian consumers are still unaware about many solutions that can make their homes energy-efficient…
• Moonshine Meadery Launches Lemon Tea Mead
  24 Aug 2023, indianretailer.com
  Moonshine, Asia and India’s pioneering meadery, introduces an invigorating addition to their flagship series: Lemon Tea Mead…
• The Moms Co Unveils Empathetic Campaign Featuring Neha Dhupia for Natural Protein Hair Care Range
  24 Aug 2023, indianretailer.com
  The Moms Co., India’s leading D2C brand for toxin-free and natural personal care products, has unveiled a new digital video campaign featuring Neha Dhupia to promote their Natural Protein Hair Care Range…
• kindlife Introduces Third In-House Brand ‘KISMA’
  24 Aug 2023, indianretailer.com
  kindlife, India’s rapidly expanding beauty and wellness platform, has unveiled its third in-house brand, KISMA, inspired by the Hindi words “KISM” meaning type, and “MA” meaning mother…
• Iconic The India Club in London Announces Closure This Sept
  24 Aug 2023, restaurant.indianretailer.com
  Sharing a post on X, MP and politician Shashi Tharoor shared, I am sorry to hear that the India Club, London, is to close permanently in September. As the son of one of its founders, I lament the passing of an institution that served so many Indians.”…
• China Bistro Unveils Pan Asian Dining 2.0
  24 Aug 2023, restaurant.indianretailer.com
  China Bistro’s renewed menu, curated by skilled chefs, presents a diverse selection of Neu Asian cuisines, spanning Japanese, Thai, Korean, Chinese, Burmese, and more…
• Jaipur Watch Company’s Raja Ravi Varma Collection,Timepieces That Pay Tribute to the Artistic Legacy
  24 Aug 2023, brandlicense.indianretailer.com
  The limited-edition collection features several of the artist’s beloved works adorning the watch dials and the inner surface of the sapphire crystal, lending a touch of sophistication to their ubiquity…
• Virtue and Versed – Haircare and Skin US Brands Come to India In Exclusive Partnership with Nykaa
  24 Aug 2023, retail.economictimes.indiatimes.com
  Nykaa, India’s premier retail beauty and lifestyle hub renowned for curating top-tier beauty brands worldwide, has unveiled two thrilling additions – Virtue and Versed…
• The Impact of Augmented Reality in Transforming Retail Industry
  24 Aug 2023, retail.economictimes.indiatimes.com
  It is no secret that the retail industry is undergoing significant transformation. The growth of e-commerce and mobile commerce has transformed how customers shop. Augmented reality (AR) is another prominent disruptor on the horizon…
• Brigade Enterprises acquires 6.54 acres land in Chennai for Rs 138 crore
  23 Aug 2023, realty.economictimes.indiatimes.com
  Brigade Enterprises plans to develop a residential project on this land parcel with an overall development of over one million sq ft…
• Basmati rice maker India Gate shifts gears to take on loose rice, double consumer pack biz
  23 Aug 2023, retail.economictimes.indiatimes.com
  Speaking to ETRetail, a top official of the company shared that KRBL is expecting to generate Rs 3,000 crore in value by FY28 in the consumer packaged basmati rice segment, as compared to 1,450 crore in FY23…
• ‘Consumer staples may stay costly this festive season’
  23 Aug 2023, retail.economictimes.indiatimes.com
  The weakening of the rupee against the dollar has added to the woes of imported consumer staples like edible oils. Mallick said if the rupee weakens further, then the company will have to look into whether to pass on the increased cost on imported edible oil to customers…
• Lifestyle International reports 46% growth in sales during FY 22-23
  23 Aug 2023, retail.economictimes.indiatimes.com
  Lifestyle International, part of Dubai-based entrepreneur Micky Jagtiani’s Landmark Group, operates a department store chain, value format Max, and home furnishing store Home Centre. Sales of organised retail segments grew 34% during FY22-23 compared to pre-pandemic (FY20), largely driven by quick service restaurants, sporting goods and electronics, a report by RetailersAssociation of India (RAI) has said…
• 65% Indian consumers plan to boost online shopping in next 6 months: PwC Report
  23 Aug 2023, retail.economictimes.indiatimes.com
  Among Indian consumers, 65 per cent have made purchases directly through a brand’s website, Categories including food and beverage, clothing and accessories stand out as the most favoured for purchase or consideration…
• Colgate’s single mandate is to drive growth: Narasimhan
  23 Aug 2023, livemint.com
  Colgate-Palmolive (India) Ltd is planning to increase investment in its core brands and explore new opportunities for growth, said Prabha Narasimhan, the managing director and chief executive officer…
• Large FMCG packs not making it to carts
  23 Aug 2023, retail.economictimes.indiatimes.com
  Sales of high-priced large consumer product packs in India have shrunk in July, according to data from retail intelligence platform Bizom. Consumers are opting for low-and-mid-priced packs instead, as the prices of larger packs remain higher than expected. E-commerce and quick commerce, where consumers make impulse purchases of smaller packs, are growing faster than modern trade, where high-value packs are usually bought. ..
• Footwear sector revenue set to rise by 11% in this fiscal: CRISIL
  23 Aug 2023, retail.economictimes.indiatimes.com
  The operating margin is expected to grow by approximately 125 basis points to around 9 per cent due to lower raw material prices, yet it will remain below the pre-pandemic levels of approximately 10 per cent, said the report…
• Bringing Paris-based ingredients to you: Urvashi Rautela & WildGlow’s Rohit Khemmka launch smart skincare
  23 Aug 2023, retail.economictimes.indiatimes.com
  Rohit Khemmka is a visionary entrepreneur with a diverse portfolio encompassing jewelry, import-export, diamonds, and construction businesses. He has teamed up with Pawan Khemka, a distinguished business mogul who contributes strategic foresight and a history of accomplishments across multiple sectors. ~ Brand Connect Initiative…
• German brand Sanosan aims to increase mkt share to 20 pc in India in 5 years
  23 Aug 2023, retail.economictimes.indiatimes.com
  Sanosan was initially available in metropolitan cities like Mumbai, Bengaluru, and Hyderabad, and now the company’s products are readily available pan-India through its website as well as e-commerce platforms…
• Bombay Shirt Company Expands Retail Footprint in Bengaluru
  23 Aug 2023, indianretailer.com
  Building on its successful presence in Lavelle Road in September 2018 and Indiranagar in December 2022, Bombay Shirt Company continues its expansion in Bengaluru with the inauguration of its third store, located in Jayanagar…
• Hindware Expands Retail Presence with Two Premier Stores in Bengaluru
  23 Aug 2023, indianretailer.com
  Hindware Limited, the renowned sanitaryware brand, has significantly increased its presence in the southern Indian market with the inauguration of two flagship brand stores in Bengaluru, Karnataka. In line with Hindware’s customer-centric approach, these stores aim to provide an immersive brand experience and bring the brand closer to its valued customers…
• Asian Paints’ Royale Glitz Ad Featuring Deepika Padukone and Karan Johar
  23 Aug 2023, indianretailer.com
  Royale Glitz by India’s leading paint and décor company, Asian Paints, has been garnering attention for all the right reasons. This premium paint product, with its ultra-sheen finish and remarkable crack-free performance, adorns walls with a sleek and exquisite appearance designed to endure…
• GRM Overseas Expands Product Portfolio with ’10X Shakti’ Packaged Products Line
  23 Aug 2023, indianretailer.com
  GRM Overseas Limited (referred to as “GRM”), a leading basmati rice exporter and a growing player in the consumer staples sector, continues its commitment to excellence by launching a new line of packaged products – Besan, Daliya, Maida, Poha, and Sooji under the “10X Shakti” brand, through its subsidiary GRM Foodkraft Pvt Ltd (GFK)…
• Steelcase Pioneers Carbon Neutrality, Unveils Series 1 Chair
  23 Aug 2023, indianretailer.com
  As the global climate crisis continues to garner attention, businesses worldwide are recognizing the urgency of taking action to reduce their carbon footprint…
• Honasa Consumer Unveils Refreshed Corporate Identity
  23 Aug 2023, indianretailer.com
  Honasa Consumer Ltd the parent company of Mamaearth, The Derma Co., Aqualogica, and a rapidly expanding portfolio of personal care brands, is delighted to introduce its reimagined corporate identity…
• Lenskart’s Innovative Entry into K-Pop
  23 Aug 2023, indianretailer.com
  In the midst of the global fascination with the Korean wave, Lenskart has ventured into the world of K-Pop with its latest offering – the K-Pop collection by Lenskart Studio…
• Balancing the Plate and the Pocket: Navigating Rising Vegetable Prices
  23 Aug 2023, irecwire.indianretailer.com
  Amid these challenges, culinary experts are finding innovative ways to manage their costs without compromising on quality…
• BROOKFIELDMOLECULE AIR BAR OPENS IN GURGAON
  23 Aug 2023, restaurant.indianretailer.com
  The menu features a diverse selection, including dishes like Adana kebab, Air bread, Sambal fish, almond butter garlic prawns, Norweigan Salmon with Miso glaze, diced Asian pork belly, and more…
• QSR Chain Burgrill To Raise Funds for Expansion; Targets 40 CoCo stores Pan India
  23 Aug 2023, restaurant.indianretailer.com
  It operates over 49 outlets in more than 22 cities in India in the last eight years and intends to launch another 40 CoCo stores Pan India…
• Matcha Based Cloud Kitchen Opens in Mumbai
  23 Aug 2023, retail.economictimes.indiatimes.com
  Tokyo Matcha Bar’s menu presents an array of teas and lattes infused with matcha including Matcha Vanilla Bean Latte, Matcha Honey Latte, Matcha Milk Tea, and Himalayan Pink Salt Matcha…
• Juicy Chemistry Partners with Paul and Mike to Redefine Natural Beauty and Fine Flavor Chocolate
  23 Aug 2023, brandlicense.indianretailer.com
  Paul and Mike Chocolate have earned a stellar reputation for their unwavering commitment to excellence, crafting chocolates that are not only visually stunning but also extraordinarily delectable…
• MiniKlub Sets the Stage for a Stylish Autumn-Winter 2023 Collection
  23 Aug 2023, indianretailer.com
  MiniKlub, India’s premier kidswear brand renowned for its innovative designs and unmatched comfort, is all geared up to once again captivate the hearts of parents and young fashion enthusiasts with its forthcoming Autumn-Winter 2023 (AW23) collection…
• THREE LARGEST LAND DEALS OF 2023 WERE IN AHMEDABAD FOR APPROX. 740 ACRES
  22 Aug 2023, rprealtyplus.com
  Latest ANAROCK Research indicates that as many as 59 separate land deals for 2018+ acres have been closed across the country between January and August 2023. In the corresponding period last year, about 50 land deals for 1,438+ acres were closed across various cities…
• BROOKFIELD INDIA REIT ISSUED COMMERCIAL PAPERS AGGREGATING RS 750 CR
  22 Aug 2023, rprealtyplus.com
  Brookfield India REIT has issued and allotted 15,000 dematerialized, rupee denominated, listed and rated commercial papers aggregating to Rs 750 crore at a face value of Rs 5,00,000 each (Commercial Papers),” it said in the regulatory filing…
• BigBasket eyes Rs 250 cr plus monthly revenue for its quick commerce arm
  22 Aug 2023, retail.economictimes.indiatimes.com
  Talking to ETRetail on the sidelines of the E-commerce and Digital Natives Summit 2023 held in Bengaluru earlier this month, TK Balakumar, COO, BigBasket said, “We are close to doubling quick commerce arm monthly revenue. If we exit March 2024 at Rs 250-275 crore, we will be almost even-stevens in terms of contribution margin.”…
• ETRetailCafe: Apparel Group’s Tushar Ved on upping the retail game in India by introducing international brands
  22 Aug 2023, retail.economictimes.indiatimes.com
  BrookfieldTushar Ved shares how changing consumer behavior inspired the Apparel Group to introduce more foreign brands in India. He said, “We saw the consumer shifting or consumption happening in retail where big box stores were becoming individual branded stores and with tourism and infrastructure improving, we thought how can we do much more in retail.”…
• Livpure’s Q1 revenue grows 50%, retail biz contributes 35% revenue growth
  22 Aug 2023, retail.economictimes.indiatimes.com
  The modern trade segment also witnessed a surge of 87 per cent, while the e-commerce division saw 63 per cent jump…
• Loss-making businesses in the eyes of strategics don’t get great value: CaratLane’s Mithun Sacheti
  22 Aug 2023, retail.economictimes.indiatimes.com
  Watchmaker Titan ascribed a valuation of Rs 17,000 crore to the omnichannel retailer, an over 30-fold jump from when it first invested in the Chennai-based company seven years ago…
• Food tech company ENOUGH raises 40 million euros
  22 Aug 2023, retail.economictimes.indiatimes.com
  ENOUGH, which ferments fungi to produce protein for plant-based chicken, mince and dairy products, said the funding round was led by venture capital firm World Fund and CPT Capital, which was an early investor in Beyond Meat and has a stake in Upside Foods…
• Indians browse e-commerce sites before buying goods: Survey
  22 Aug 2023, livemint.com
  A growing number of Indian consumers are turning to their mobile devices to check prices of products while shopping in brick-and-mortar stores, indicating a rise in the adoption of omnichannel retail behaviour…
• Delhivery launches digital shipping platform Delhivery One for SMEs
  22 Aug 2023, retail.economictimes.indiatimes.com
  The platform allows SMBs to connect and ship products to over 220 countries…
• Taking Brand Amul everywhere: 15 new plants, F&B push this year
  22 Aug 2023, financialexpress.com
  In a few years from on, consumers may find Amul, India’s largest dairy brand, in almost every food and beverage category, from pulses to atta, sugar, tea, rice, jaggery, fruit drinks, frozen products, bakery, fruit drinks and protein products…
• Indian hosiery sector stitches up revenue growth of Rs 36,000 cr, 18-20% higher on-year
  22 Aug 2023, retail.economictimes.indiatimes.com
  Notably, the Comprehensive Economic Partnership Agreement signed by the government with UAE could boost textile segment exports, especially of hosiery. Tailwinds from the agreement could add 2-3% to hosiery exports from the historical level of 10%. That said, revenue growth would be higher than the 18-20% expected, were it not for a 15-17% fall in realisations that saw a significant uptrend in the past two fiscals…
• HonorTech to relaunch Honor brand of phones, to invest Rs 1,000 cr
  22 Aug 2023, retail.economictimes.indiatimes.com
  HonorTech CEO Madhav Sheth told PTI that the company will aim to garner 4-5 per cent market share in terms of volume by end of next year, which will translate to a revenue of Rs 10,000 crore for the company…
• Big-C mobiles targets Rs 1,500 crore revenue in FY24; plans to open 150 new outlets in 2 years
  22 Aug 2023, retail.economictimes.indiatimes.com
  The company achieved Rs 1,000 crore in the previous fiscal year 2022-23, it shared. It is planning to invest Rs 300 crore to open 150 new outlets in two years. Also, the company aims to grow its product portfolio by introducing more electronics and gadgets…
• Malls making a mark: Exploring India’s burgeoning shopping and entertainment destinations
  22 Aug 2023, constructionweekonline.in
  In a rapidly evolving world, India’s retail landscape has undergone a significant transformation over the past few decades. From traditional open-air markets known as “haats” to modern, air-conditioned shopping malls, the journey has been nothing short of remarkable…
• Sunday Design Launches Sprawling Showroom at Worli, Mumbai
  22 Aug 2023, indianretailer.com
  Attainable luxury is the mojo of new India, and luxury furniture brand Sunday Design is spreading its network of exquisite designs and impeccable functionality. The young brand flung open its doors to Mumbai at their Worli store on 20 August…
• OneFriday Unveils “Varsity Chic” Collection
  22 Aug 2023, indianretailer.com
  OneFriday, the esteemed kidswear brand in India, is delighted to introduce its inaugural Autumn-Winter collection, “Varsity Chic,” a presentation of style, comfort, and timeless sophistication…
• Le Creuset Appoints Annanya Sabarwal as MD
  22 Aug 2023, indianretailer.com
  Le Creuset, the renowned luxury French cookware brand celebrated for its exceptional enameled cast iron and stoneware offerings, is pleased to introduce Annanya Sabarwal as its new Managing Director for India…
• Juicy Chemistry Partners with Paul and Mike to Redefine Natural Beauty and Fine Flavor Chocolate
  22 Aug 2023, indianretailer.com
  BrookfieldIn a captivating fusion of natural grace and exquisite flavor, two visionary Indian brands, Juicy Chemistry and Paul and Mike, announced their exclusive partnership just in time for Rakhi…
• Blaupunkt Expands Product Portfolio with SBW120 Soundbar
  22 Aug 2023, indianretailer.com
  Blaupunkt, a renowned German leader in audio technology, is thrilled to introduce its highly anticipated SBW120 Soundbar, promising an exceptional audio experience that redefines home entertainment for music and movie enthusiasts…
• The Bae Club, Pioneering a Fashion Revolution in India
  22 Aug 2023, indianretailer.com
  The fashion and lifestyle landscape in India is on the verge of a transformative shift with the advent of The Bae Club, an ambitious initiative aimed at curating India’s most extensive collection of global premium and luxury brands…
• GoodvedaHealth Labs Pioneers Innovative Health Solutions to Tackle Diabetes and Obesity
  22 Aug 2023, indianretailer.com
  GoodvedaHealth Labs Pvt Ltd, an innovative Health Tech Startup, has officially marked its entry into the Indian market with revolutionary health and wellness programs and supplement offerings aimed at addressing the pressing concerns of diabetes and obesity…
• World Entrepreneurs Day 2023: Women on Top
  22 Aug 2023, irecwire.indianretailer.com
  In conversation with Indian Retailer, numerous women have opened up about their remarkable journeys, the formidable challenges they have encountered, and the path forward as they continue to leave their indelible mark on the business landscape…
• Conrad Pune Welcomes Rahul Chaudhary as New Director of Food and Beverage
  22 Aug 2023, restaurant.indianretailer.com
  Rahul will oversee F&B operations across the hotel’s seven renowned dining and bar establishments, with a primary focus on enhancing revenue generation and strategic positioning within the division…
• Cloud-kitchen Brand London Yard Launches in Mumbai; Targets 75 Outlets in Maharashtra
  22 Aug 2023, restaurant.indianretailer.com
  With an investment plan of 40 to 50 crore and a projected turnover of 135 to 150 crore, the brand envisions establishing 50 to 75 outlets across Maharashtra in the coming months…
• Juicy Chemistry Partners with Paul and Mike to Redefine Natural Beauty and Fine Flavor Chocolate
  22 Aug 2023, brandlicense.indianretailer.com
  Paul and Mike Chocolate have earned a stellar reputation for their unwavering commitment to excellence, crafting chocolates that are not only visually stunning but also extraordinarily delectable…
• Alibaba Surprises with 14 pc Growth in Quarterly Sales
  22 Aug 2023, indianretailer.com
  Alibaba, the Chinese e-commerce titan, stunned markets with an unexpected 14 percent year-on-year surge in quarterly sales, despite facing several challenging years and navigating through a broader economic deceleration…
• The Western retail rush: how India’s middle class is drawing iconic brands
  22 Aug 2023, insideretail.asia
  US-based apparel chain Old Navy is reportedly exploring a possible expansion to India. According to India Retailing, Reliance Retail is thinking of bringing Old Navy and Banana Republic, which are both owned by Gap Inc, to the country…
• Clensta Appoints Navin Prajapati as VP of Retail Sales
  22 Aug 2023, indianretailer.com
  Personal care brand Clensta has welcomed Navin Prajapati as Vice President of Retail Sales and New Initiatives. With seven years of experience, Navin is set to utilize his profound market insights and understanding of consumer preferences to enhance Clensta’s presence in traditional retail channels and establish strategic collaborations with industry leaders…
• How Tetra Pak is Pioneering Sustainability in South Asia through Innovation and Collaboration
  22 Aug 2023, indianretailer.com
  Sustainability has evolved from a buzzword to a steadfast commitment in the modern business landscape, and Tetra Pak, a global leader in food processing and packaging solutions, stands as a beacon of this evolution…
• Discover the Best Food in iGaming Venues Worldwide
  22 Aug 2023, indianretailer.com
  Playing your favorite games at popular iGaming venues is already quite an adventure. However, these places usually have something more to offer and we’re talking about serving some of the most delectable dishes that can make your gaming experience even more memorable…
• Titan buys remaining 27% stake in CaratLane valuing it at Rs 17,000 crore
  21 Aug 2023, retail.economictimes.indiatimes.com
  The latest transaction will ascribe a valuation of Rs 17,000 crore to CaratLane. The deal ranks as the second largest exit for an ecommerce founder in India after Flipkart founders Sachin Bansal and Binny Bansal sold their stakes to Walmart…
• BenQ India hopes to reach Rs 750 crore revenue by the end of 2023; expects to contribute 8% to global turnover this year
  21 Aug 2023, retail.economictimes.indiatimes.com
  In terms of LCD monitors, BenQ India is the second-largest player on Amazon, with a 17 per cent market share. In 2022, the company also emerged as a leading brand in the country for DLP projectors and was among the top three brands in the PDP category…
• MyTrident eyes a revenue of Rs 1,000 crore by FY26; plans retail expansion
  21 Aug 2023, retail.economictimes.indiatimes.com
  During this period, the brand expects to reach 10,000 retail touchpoints with about 100 EBOs, multi-brand stores, and general trade across India. Currently, it has a network of over 3,500 retail touch points including 50 exclusive stores…
• If the shoe fits: Family, business and how the Liberty Group is working on its succession planning
  21 Aug 2023, retail.economictimes.indiatimes.com
  Succession planning is never easy and greatly compounded when you’re dealing with close to 100 family members and a 69-year- old legacy business, reveal family members of the Liberty Group…
• Delivery work not permanent career choice, gig staffing segment sees half-yearly churn: experts
  21 Aug 2023, retail.economictimes.indiatimes.com
  Blue collar staffing for delivery and logistics, a relatively new job category, is seen by workers as a stopgap arrangement or means of generating supplementary income, say experts…
• Tatas count losses as e-commerce business grows
  21 Aug 2023, financialexpress.com
  The recent Independence Day weekend saw e-tailers push their sale events aggressively to take advantage of the long holiday and a relaxed consumer…
• FMCG in June qtr: Volume & margins grow as inflation moderates, small players make comeback
  21 Aug 2023, retail.economictimes.indiatimes.com
  Most of the listed FMCG entities reported volume-based growth in home care, personal care, beauty and foods products business, except the ice cream and beverages portfolio which was impacted by unseasonal rains in April and early May during the quarter…
• Readymade garment sector eyes double digit jump in biz
  21 Aug 2023, retail.economictimes.indiatimes.com
  Indore is a hub for ready-made garment manufacturers with presence of more than 1,500 small and medium sized garment manufacturers and festivals are the peak business season for the garment sector…
• Companies to power up production capacity for festive season by 20 per cent
  21 Aug 2023, retail.economictimes.indiatimes.com
  In electronics, brands and contract manufacturers said festive season production will hit peak capacity by early September. Unsold inventory is back to normal for electronic products such as smartphones, televisions, refrigerators and washing machines…
• Retail sales see 9% YoY growth in July: Retailers Association of India survey
  21 Aug 2023, financialexpress.com
  Retail sales for the month of July witnessed a growth of 9 per cent year-on-year, according to the 42nd edition of the Retail Business Survey by retailers’ body Retailers Association of India (RAI). Retail sales across all the regions indicated growth during the month as compared to July 2022…
• Ratnadeep Reaches 150-Store Milestone with Four Retail Openings in Bengaluru and Hyderabad
  21 Aug 2023, indianretailer.com
  In a significant achievement for South Indian retail chain Ratnadeep, the company has celebrated the inauguration of its 150th store in India. This milestone was marked by the simultaneous opening of four stores in Bengaluru and Hyderabad…
• Bata India Explores Strategic Alliance with Adidas
  21 Aug 2023, retail.economictimes.indiatimes.com
  Bata India is reportedly engaged in advanced discussions with German sportswear manufacturer Adidas, aiming to forge a strategic partnership, according to insiders familiar with the matter…
• Samsonite Targets Rs 3,600 cr Sales in 2023
  21 Aug 2023, indianretailer.com
  Samsonite, the esteemed premium luggage manufacturer, has achieved impressive growth of nearly 40 percent during the first half of 2023, with a determined goal to reach Rs 3,600 crore in sales by December, as confirmed by a high-ranking company executive…
• Rare Rabbit Expands Retail Presence with Ranchi Mall Outlet
  21 Aug 2023, indianretailer.com
  Rare Rabbit, the omni-channel menswear brand, recently inaugurated its newest store at the Mall of Ranchi in Jharkhand, as revealed by a company representative on social media last week…
• McDonald’s India – North and East introduces “The Kartik Aaryan Meal”
  21 Aug 2023, restaurant.indianretailer.com
  This special meal encompasses his favorites, such as the McAloo Tikki Burger, Cheesy Fries, and the Pizza McPuff, accompanied by a Regular Beverage all presented as a 4-piece meal…
• BROOKFIELDAlibaba Surprises with 14 pc Growth in Quarterly Sales
  21 Aug 2023, indianretailer.com
  Alibaba, the Chinese e-commerce titan, stunned markets with an unexpected 14 percent year-on-year surge in quarterly sales, despite facing several challenging years and navigating through a broader economic deceleration…
• Brookfield India REIT raises Rs 750 crore through issue of commercial papers
  19 Aug 2023, realty.economictimes.indiatimes.com
  The funds will be utilized for repayment of debt of the SPVs of Brookfield India REIT and towards transaction expenses, capital expenditure and working capital requirements of Brookfield India REIT and its SPVs…
• PRESTIGE GROUP LAUNCHED ITS LARGEST RESIDENTIAL TOWNSHIP IN BENGALURU
  19 Aug 2023, rprealtyplus.com
  Bengaluru-based developer Prestige Group has launched its largest residential township in a single-phase development in Bengaluru with a topline of Rs 6,000 crore…
• Walmart says Flipkart net sales rose in July quarter led by growth in core business
  19 Aug 2023, retail.economictimes.indiatimes.com
  Walmart’s international segment sales were up 11%, helped by double-digit growth in India among other geographies, said John David Rainey, executive vice president and chief financial officer at Walmart…
• FY24 will end with at least 10%, even 15% growth in room AC: Blue Star MD
  19 Aug 2023, retail.economictimes.indiatimes.com
  “We have a strategy to develop products for the affordable segment, the bottom of the pyramid because growth comes from first-time buyers. That is where 95% of the sales are happening and the aspirational middle class forms 65% of the market in tier-2, tier-3 and tier-4 towns. We entered that segment only last year. “…
• Luxor plans to double export from India, says MD Pooja Jain Gupta
  19 Aug 2023, retail.economictimes.indiatimes.com
  Luxor Writing Instruments aims to double its exports from India in a bid to position the nation as a hub for manufacturing, according to Managing Director Pooja Jain Gupta. Luxor, which enjoyed a turnover of Rs 750 crore in 2022-23, generates around 30% of its revenues through exports. ..
• Flipkart co-founder Binny Bansal plans new start-up in e-commerce space
  19 Aug 2023, moneycontrol.com
  Binny Bansal, who recently sold his remaining stake in e-commerce firm Flipkart, is firming up plans to create a new start-up, sources aware of the development said…
• For Parle, both premium and value products doing well: Mayank Shah
  19 Aug 2023, retail.economictimes.indiatimes.com
  “Currently both urban as well as rural demand are growing an, both value as well as premium products are doing well. Till about a quarter ago, premium products were doing well and there was a pressure on value products, but now there is a revival of rural demand and we are seeing traction across both premium as well as value offerings.”…
• V.I.P. Industries Ltd shares resignation letter of MD Anindya Dutta
  19 Aug 2023, retail.economictimes.indiatimes.com
  After Dutta’s resignation, the company has appointed Neetu Kashiramka to be the next Managing Director and Chief Financial Officer with effect from November 14, 2023…
• Malabar Gold & Diamonds launches its first state-of-the-art jewellery manufacturing facility in West Bengal
  19 Aug 2023, retail.economictimes.indiatimes.com
  Malabar Gold & Diamonds has opened a manufacturing unit in West Bengal to utilise the rich tradition of jewellery craftsmanship of the state and a plentiful supply of gifted artisans…
• India Inc Q1 earnings a mixed bag; outlook stays cautious
  19 Aug 2023, livemint.com
  India Inc’s earnings growth scaled a seven-quarter high in the three months ended June, lifted by a significant improvement in operating performance…
• Estee Lauder sees weaker annual forecast on slow recovery in Asia travel retail
  19 Aug 2023, retail.economictimes.indiatimes.com
  Major companies across the globe have taken a cautious stance regarding their bets on a rebound in China, as the world’s second-largest economy struggles to revive demand and battles rising youth unemployment rates and a high cost of living…
• numBer Elevates Gaming Audio Experience with TWS Super Buds Pro GT99
  19 Aug 2023, indianretailer.com
  Pioneering as a premium brand in smart hearables and wearables, numBer unveils its latest innovation, the TWS Super Buds Pro GT99, a gaming-centric masterpiece tailored for the Indian market…
• Latin Quarters Elevates Fashion Landscape with New Rajouri Garden Store
  19 Aug 2023, indianretailer.com
  In a significant development this month, the esteemed women’s western wear brand, Latin Quarters, unveiled its exclusive Rajouri Garden store in the capital city. This launch aligns seamlessly with the brand’s ongoing commitment to amplify its retail presence across India…
• The Importance of Yarn Testing: Ensuring Consistent Quality and Defect Prevention in Woven Fabrics
  19 Aug 2023, indianretailer.com
  Yarn testing stands as an indispensable step within the textile manufacturing process, guaranteeing the quality and performance of yarn. By subjecting yarn to various tests, manufacturers can assess its properties and characteristics, ensuring it meets the required standards of strength, evenness, twist, and more…
• Hummel India Strengthens Institutional Presence in Collaboration with Trruu Global Brands LLP
  19 Aug 2023, indianretailer.com
  In a strategic move aimed at fortifying their foothold in the institutional market, Hummel India extends its partnership with Trruu Global Brands LLP. This expanded collaboration seeks to tap into Trruu Global’s extensive network and expertise, bolstering their shared objective of catering to the burgeoning institutional sector…
• B77 Redefines Fashion Landscape with Cutting-Edge Retail Platform
  19 Aug 2023, indianretailer.com
  B77, a renowned domestic fashion label devoted to mindful and unhurried creation, is excited to introduce its technology-driven retail hub…
• Boutique bakery industry gaining ground across tier-1 cities in India
  19 Aug 2023, indianretailer.com
  In recent years, the culinary landscape of India has witnessed a remarkable shift in consumer preferences, particularly in the realm of baked goods. As the demand for artisanal and high-quality confectionery grows, a new trend has evolved: boutique bakeries…
• E-commerce Industry Records 26 pc YoY Order Volume Growth in FY23
  19 Aug 2023, indianretailer.com
  India’s e-commerce industry has recorded an impressive 26.2 percent YoY order volume growth in FY-2023 supported by a 23.5 percent rise in annual GMV (Gross Merchandise Volume) compared to the previous financial year…
• Aretto Bags $550K in Seed Funding to Propel Innovation in Kids’ Footwear Industry
  19 Aug 2023, indianretailer.com
  Aretto’s strides in innovation have grown bolder with the successful conclusion of its seed funding round, securing $550K from a consortium of angel investors and advisors…
• Tier 2 and 3 – the Gold Mines for Business Tomorrow
  19 Aug 2023, irecwire.indianretailer.com
  For India, tier 2 and 3 markets are becoming the next happening business destinations with amusement parks, multiplexes, shop-in-shops and what not…
• NOTO Introduces Macaron Ice Cream Sandwiches
  19 Aug 2023, restaurant.indianretailer.com
  Brand’s extensive range comprises of gelatos, ice creams, mini delights, and popsicles, reflects their commitment to reshaping the concept of indulgence…
• BROOKFIELDGoa has Got New Dining Destination at Kiki
  19 Aug 2023, restaurant.indianretailer.com
  Kiki is a dining destination that blends the artistry of cuisine with the picturesque sunsets of the seaside…
• Subway® Announces New Senior Leadership Appointments
  19 Aug 2023, restaurant.indianretailer.com
  In addition, Subway has promoted Cristina Wells as Senior Vice President of U.S. Marketing. Wells joined the U.S. marketing team in 2021 as Vice President of Strategy and Planning…
• “Hong’s Kitchen is an Adaptation of Indo-Chinese Food”
  19 Aug 2023, restaurant.indianretailer.com
  In an exclusive interview to Restaurant India Avinash Kant Kumar, President at Jubilant FoodWorks Ltd. talks about their newest kid ‘Hong’s Kitchen’…
• Royal Stag Boombox Unveils Unique Blend of Melody and Hip Hop in Latest Original Track
  19 Aug 2023, brandlicense.indianretailer.com
  In collaboration with Viacom18, the Royal Stag Boombox is poised to unveil an entirely new musical genre that merges the soulful essence of Bollywood melodies with the urban energy of hip-hop, crafting the distinct sound of the modern generation…
• BROOKFIELDTradexa Collabs with Ultrahuman to Redefine Wearable Tech
  19 Aug 2023, indianretailer.com
  Tradexa, a prominent full-stack comprehensive enabler in the retail sector of India, is excited to announce its partnership with Ultrahuman, a pioneering brand behind the world’s most comfortable and compact smart ring…
• Latin Quarters Elevates Fashion Landscape with New Rajouri Garden Store
  19 Aug 2023, indianretailer.com
  In a significant development this month, the esteemed women’s western wear brand, Latin Quarters, unveiled its exclusive Rajouri Garden store in the capital city…
• Bringing Indian Artisans Together on a Single Platform
  19 Aug 2023, indianretailer.com
  Since its inception in India in 2018, Etsy India, an e-commerce company, has fostered a grassroots movement, engaging with artisans crafting handmade goods and innovative creators…
• BROOKFIELDAn Ayurvedic Journey
  19 Aug 2023, indianretailer.com
  Sadhev, an Indian skincare brand, emerged on the horizon during a time of significant transformation in the perception of Ayurveda and yoga in the West. Co-founded by a visionary entrepreneur Lasakan Cholayil, who combined a passion for art, design, and Ayurvedic wisdom, Sadhev set out to revolutionize the skincare industry…
• Factors Amping up the Popularity of Refurbished Gadgets in the Market
  19 Aug 2023, indianretailer.com
  Fast-paced digital world has brought a series of changes in terms of consumer preferences and buying behavior. Today, digitalization is the utmost priority for the Indian market with rising technology consumption…
• Celebrate Raksha Bandhan in Style with Nestasia’s Exquisite Rakhi Gift Hampers
  19 Aug 2023, indianretailer.com
  Raksha Bandhan, a time-honored celebration of siblings, joy, and tradition, is around the corner. Nestasia, a renowned name in retail, has curated a range of special Rakhi Gift Hampers that perfectly encapsulate the essence of this festive occasion…
• BROOKFIELDL&T Metro-Hyderabad to lease 15 acres at Raidurg to Rafferty Developments for over 1,200 crore
  18 Aug 2023, realty.economictimes.indiatimes.com
  ​​According to sources, L&T Metro Rail will be leasing 15 acres of land at Raidurg to Rafferty Developments, a joint venture between Brookfield Corporation and K Raheja Corp Ltd, for 50 years for a consideration of over 1,200 crore…
• BADAL YAGNIK NEW CEO TO WORK CLOSELY WITH COLLIERS INDIA CMD FOR GROWTH
  18 Aug 2023, rprealtyplus.com
  Colliers announced that Badal Yagnik has been appointed as Chief Executive Officer, India, effective immediately. Based in Gurgaon, Yagnik will collaborate closely with Sankey Prasad, Colliers’ Chairman & Managing Director, India, to drive further growth and profitability for the firm…
• MUMBAI RETAIL LEASING INCREASES BY 14.6% Y-O-Y
  18 Aug 2023, rprealtyplus.com
  According to the CBRE South Asia Pvt. Ltd., India’s report, Mumbai recorded a 14.6% year-on-year increase in retail leasing across investment-grade malls, high streets and standalone developmentsin January-June 2023…
• BENGALURU’S CENTURY REAL ESTATE TO LAUNCH 9 MN SQ FT OF PROJECTS
  18 Aug 2023, rprealtyplus.com
  Bengaluru-based real estate developer Century Real Estate plans to invest Rs 3,400 crore to launch 9 million square feet (msf) of projects, including office spaces and residential launches, in Bengaluru with a potential revenue of Rs 9,000 crore by the end next financial year…
• Footwear maker Bata India in partnership talks with Adidas: Report
  18 Aug 2023, retail.economictimes.indiatimes.com
  The retailer, which houses brands such as Hush Puppies and Scholl, is likely to tie up with Adidas for the Indian market, as per the report…
• Veeba founder on building a Rs 1,000 cr co, profitability, and more
  18 Aug 2023, retail.economictimes.indiatimes.com
  Over the past few years, the company has been reporting an EBITDA in the range of 0 to -1 per cent. Delving into the profitability strategy, Bahl commented, “We are loss-making but by choice.” Explaining the strategy, he said, “I don’t want to take the money home. Every year me and my CFO plan in such a way that our EBITDA is between +0.5 to -0.5. So, we use this money for advertising and new product launches to fuel our growth.”…
• Discounts, promos help smartphone cos cut inventory ahead of festivals
  18 Aug 2023, retail.economictimes.indiatimes.com
  The inventory has come down significantly from the 12-13 weeks’ pile-up by the end of the March quarter as a result of aggressive promotions, end-of-life discounting, and roping in of brand ambassadors, market trackers said…
• Ecommerce, logistics firms gear up to deliver bumper festive season
  18 Aug 2023, retail.economictimes.indiatimes.com
  Companies across all segments of ecommerce and logistics are planning to hire two-three times more people (pickers, packers, loaders and warehouse and delivery persons) every month from September to November compared with a year earlier…
• Flipkart bets on Gen Z with new ‘SPOYL’ fashion platform
  18 Aug 2023, retail.economictimes.indiatimes.com
  Months after Myntra launched its Gen Z focused platform FWD, the e-commerce major Flipkart has launched an app-in-app integration ‘SPOYL’ for its fashion offerings targeting Gen Z consumers…
• Offline retail outpaced e-commerce driven by higher rural demand: Report
  18 Aug 2023, thehindubusinessline.com
  Additionally, the net promoter score for e-commerce has improved to reach 52 per cent driven by increasing trust and overall satisfaction with online platforms Offline retail outpaced e-commerce, driven by higher rural demand (particularly FMCG) and a steady uptick in urban demand in first quarter of FY24, according to the Redseer Report….
• Local food players take the pace out of quick service restaurants
  18 Aug 2023, retail.economictimes.indiatimes.com
  As consumer preference for lower-priced products and regional brands continues to rise, large quick-service restaurant chains in India are localising their menus. KFC India and Burger King have increased focus on lower-price points starting at Rs 99…
• Jewellery maker Pandora raises guidance after Q2 sales beat
  18 Aug 2023, retail.economictimes.indiatimes.com
  Pandora said it now expected organic sales growth of between 2% and 5%, against an earlier range of between -2% and 3%. Ahead of the news analysts had on average expected 3% organic sales growth this year, according to a company-provided poll…
• Samsonite India registers 38.4% rise in net sales
  18 Aug 2023, retail.economictimes.indiatimes.com
  “India is one of the fastest-growing countries for Samsonite. In CY 22, we grew over 50 per cent on CY 19, this year we are looking to close at 40 per cent hike and the next year, we are expecting a 30-35 per cent rise in sales,” said Jai Krishnan, CEO, Samsonite India…
• Delhi-NCR records 65 per cent Y-O-Y growth in retail leasing: CBRE
  18 Aug 2023, retail.economictimes.indiatimes.com
  According to the report, the fashion and apparel segment had a majority share in total leasing activity at 47 per cent followed by luxury at 13 per cent and food and beverage at 8 per cent…
• VIP Industries elevates CFO as MD designate
  18 Aug 2023, thehindubusinessline.com
  VIP Industries, Asia’s largest and the world’s second-largest luggage maker, has elevated its Chief Financial Officer, Neetu Kashiramka as the Managing Director Designate…
• Smartwatch firms turn to price cuts to gain market share
  18 Aug 2023, retail.economictimes.indiatimes.com
  The price war between smartwatch makers is most evident in the lower end of the market, which is where most companies have been launching most of their new products over the last year…
• Uniqlo announces second store in Mumbai; plans to enter southern market
  18 Aug 2023, retail.economictimes.indiatimes.com
  Japanese apparel retailer Uniqlo, which forayed into the Indian market in October 2019, has a substantial presence in North Indian cities like Delhi-NCR, where it operates 7 stores. It is also present in Lucknow and Chandigarh…
• Gen Z all set to cause major disruptions in India’s breakfast market dynamics
  18 Aug 2023, retail.economictimes.indiatimes.com
  Gen Z is ‘snackifying’ breakfast, by “either replacing the meal with a snack or having it as an accompaniment.” Also, the frequency of consumption among this age group is the highest among all generations…
• Reliance Retail may bring Old Navy to India
  18 Aug 2023, in.fashionnetwork.com
  Reliance Retail is in an exploratory stage of talks to bring Old Navy to India, three anonymous sources close to the matter told India Retailing. If the talks should result in an India launch for Old Navy, it will be the second brand from Gap Inc that Reliance Retail will retail in India…
• WoodenStreet Marks a Landmark with the Grand Opening of its 10th Store in Mumbai
  18 Aug 2023, indianretailer.com
  WoodenStreet, the foremost name in the realm of furniture and home decor, joyfully celebrates a momentous achievement as it inaugurates its 10th store in the enchanting city of Mumbai…
• Mamaearth Expands Footprint with Exclusive Brand Outlet in Bengaluru
  18 Aug 2023, indianretailer.com
  Mamaearth, the rapidly growing personal care brand under the House of Honasa, is delighted to unveil its Exclusive Brand Outlet (EBO) in Bengaluru. Strategically positioned at the renowned Mantri Square Mall, Malleshwaram, this opening marks a significant stride in Mamaearth’s journey…
• BROOKFIELDKohler Expands Offline Presence in Bengaluru
  18 Aug 2023, indianretailer.com
  Witness the pinnacle of opulence, ingenuity, and artistic brilliance as Kohler, the global frontrunner in kitchen and bath solutions, introduces its highly anticipated third Experience Centre in India on August 11…
• Upsilon Unveils First Retail Outlet at Sardar Vallabhbhai Patel International Airport
  18 Aug 2023, indianretailer.com
  Upsilon, a distinguished premium perfume brand originating in India, is thrilled to declare the inauguration of its inaugural retail store at Sardar Vallabhbhai Patel International Airport…
• Tata Tea Premium Honors India’s Handloom Heritage with “Desh Ke Dhaage”
  18 Aug 2023, indianretailer.com
  Celebrating Independence Day, Tata Tea Premium, a prominent player in India’s retail landscape, and the flagship brand within Tata Tea’s diverse range, presented a captivating homage to the country’s rich handloom tradition through its remarkable “Desh Ke Dhaage” campaign…
• CoutLoot Aims to Dominate India’s $300 bn Worth Unbranded Fashion Category
  18 Aug 2023, indianretailer.com
  Re-commerce was the entry point for CoutLoot, a young player in India’s fashion e-commerce scene back in 2016, when bringing value in used products and providing a secure and smooth online marketplace sound like blessings. It has now evolved into an online selling brand empowering small, unorganized retailers…
• Kalyan Jewellers Honors Armed Forces with Moving Independence Day Campaign
  18 Aug 2023, indianretailer.com
  Kalyan Jewellers, through its poignant Independence Day campaign film, pays a heartfelt tribute to India’s armed forces, lauding their enduring service, sacrifice, and dedication…
• Wellbeing Nutrition and Nourish Organics Unite to Unveil the “Nourish Your Wellbeing Combo”
  18 Aug 2023, indianretailer.com
  Wellbeing Nutrition, India’s preeminent nutraceutical brand, and Nourish Organics, a brand dedicated to promoting a wholesome lifestyle, have collaboratively introduced the revolutionary “Nourish Your Wellbeing Combo” – a dynamic duo poised to champion your health!…
• Dennison Redefines Affordable Fashion with Latest Collections
  18 Aug 2023, indianretailer.com
  Dennison, a trailblazing name in India’s retail sector, proudly unveils its latest collections, catering to both men and women. With a legacy dating back to 1988, Dennison has evolved from its modest origins into a vibrant force in the fashion industry, championing accessible and stylish clothing for individuals from all walks of life…
• Miduty: Fusing Science and Wellness, Formerly Known as Palak Notes
  18 Aug 2023, indianretailer.com
  Miduty, a renowned neutraceutical brand, is taking strides to redefine health and wellness by harmonizing the wisdom of Ayurveda with contemporary scientific understanding. The brand has now transitioned from its previous identity, Palak Notes, to its new avatar, Miduty…
• HEFTY.art, Arzan Khambatta, and Bangalore Watch Company Unveil Historic INS Vikrant Collection
  18 Aug 2023, indianretailer.com
  In an unprecedented collaboration uniting art, history, and innovation, HEFTY.art, celebrated sculptor Arzan Khambatta, and esteemed watchmaker Bangalore Watch Company have introduced a groundbreaking collection paying homage to the iconic INS Vikrant R11…
• Blue Tea Bags $7.5 mn at Shark Tank India, Despite Being Reprimanded by Sharks
  18 Aug 2023, retail.economictimes.indiatimes.com
  BlueTea is a company envisioned to bring back ancient Indian Ayurveda-based flower teas to the world by showcasing convenience to consumers…
• Tier 2 and 3 – the Gold Mines for Business Tomorrow
  18 Aug 2023, irecwire.indianretailer.com
  For India, tier 2 and 3 markets are becoming the next happening business destinations with amusement parks, multiplexes, shop-in-shops and what not…
• Shooting for the Stars!
  18 Aug 2023, irecwire.indianretailer.com
  Home-grown brand T.A.C. – The Ayurveda Company is well on its way to becoming India’s fastest growing D2C brand, reaching a Rs 100 crore run rate in less than 2 years from inception!…
• Subway® Announces New Senior Leadership Appointments
  18 Aug 2023, restaurant.indianretailer.com
  In addition, Subway has promoted Cristina Wells as Senior Vice President of U.S. Marketing. Wells joined the U.S. marketing team in 2021 as Vice President of Strategy and Planning…
• Delhi Got Asks Hospitality Venues to Submit Police Verification by Sept 15
  18 Aug 2023, restaurant.indianretailer.com
  The city hosts more than 970 license holders for hotels, clubs, and restaurants (HCR), enabling them to legally serve alcoholic beverages within their establishments…
• Tomato Shortage Hits Burger King India Amid Soaring Prices
  18 Aug 2023, restaurant.indianretailer.com
  The American sandwich franchise has even discontinued the complimentary cheese slices that were available at its stores for several years…
• 99 Pancakes Collabs with Pogo, Crafts Exclusive Menu to Celebrate Little Singham’s Birthday
  18 Aug 2023, brandlicense.indianretailer.com
  The forthcoming birthday extravaganza for Little Singham promises an array of distinctive treats and indulgences, featuring iconic creations such as Panja Attack Pancakes, Atta Majhi Satakli Waffles, and Sher Ka Dum Hot Chocolate…
• Metro Shoes and Geisha Designs Illuminate Fashion with the ‘MARISTELLA’ Collection
  18 Aug 2023, brandlicense.indianretailer.com
  The campaign showcases Geisha Designs’ exquisite Fall-Winter 2023 collection harmoniously paired with the unique festive footwear styles from Metro Shoes, solidifying this collaboration as a stellar collaboration written in the stars…
• Ferrero Rocher Moments’ Raksha Bandhan Campaign Shines with Sara Ali Khan’s Charm
  18 Aug 2023, brandlicense.indianretailer.com
  The brand, Ferrero Rocher Moments, has taken a momentous stride by rejuvenating its brand communication strategy through the enchanting presence of actress Sara Ali Khan…
• Medichic Teams Up with Loteria Don Clemente to Infuse Cultural Charm into Medical Apparel
  18 Aug 2023, retail.economictimes.indiatimes.com
  This alliance will empower Medichic to present an extensive range of exclusive products and designs tailored for countless nurses and medical practitioners who have long been ardent devotees of Loteria…
• Titan Eye+ to focus on calibrated growth, puts expansion plans on hold till fourth quarter
  16 Aug 2023, retail.economictimes.indiatimes.com
  Titan Eye+ is looking to increase its investment in boosting sales through its online platforms, especially Fastrack.in, said CEO Saumen Bhaumik. Right now, online contributes to 3-4% of the company’s total sales. ..
• India to become Kohler’s 3rd largest market by 2024, says David Kohler
  16 Aug 2023, retail.economictimes.indiatimes.com
  “India has the fastest-growing GDP in the world among major economies. But for us, it’s our fastest-growing market, and within this market growth, we are growing twice as fast,” Kohler said. “With the rise of the middle class and increased purchasing power for household products over the last decade, along with its anticipated continuation, I believe we are in a strong position as a premium player,” David Kohler said…
• Bata re-enters premium price points with fresh portfolio, aims 20% sales from online channels in 2-3 yrs
  16 Aug 2023, retail.economictimes.indiatimes.com
  Bata is re-entering the premium price points with fresh portfolios while it increases spending on advertising and promotions to connect with young digital savvy consumers. Bata is also pushing for offline sales growth and expects a major chunk of growth to come from its expansion under the franchise model, its MD & CEO Gunjan Shah said…
• Expect to sustain last year’s growth this financial year: Go Fashion
  16 Aug 2023, retail.economictimes.indiatimes.com
  ​​Company CEO Gautam Saraogi said, “I am pleased to communicate that during the year under review, the company was able to strengthen its brand. This provides our company with the optimism that the company’s fundamentals have strengthened and this should translate into attractive sustainable growth.”..
• Independence Day consumer sentiment breaks free of slowdown
  16 Aug 2023, retail.economictimes.indiatimes.com
  Sales of electronic products, smartphones, laptops, television sets, refrigerators, FMCG and daily consumables rose 25-30% YoY during the Independence Day sales. Consumer sentiment improved ahead of the crucial festive season, indicating consumers are upgrading their purchases. High footfall in malls and shopping stores along with new movie releases playing a role in raising sales. The festive season is anticipated to bring sales gains for consumer goods companies…
• Amazon ads equals a minus for Google, Meta digital marketing reign
  16 Aug 2023, retail.economictimes.indiatimes.com
  Digital advertisers in India shifting up to 20% of their budget from duopoly to ecommerce major; experts see trend continuing…
• Amazon’s devices chief David Limp to retire after 13 years
  16 Aug 2023, retail.economictimes.indiatimes.com
  Amazon.com’s devices chief David Limp would retire in the coming months, in a high-level departure from a division that has struggled to bring revenue and been a target of the e-commerce giant’s mass layoffs…
• Shopee-owner Sea signals growth over profits after weak Q2 performance
  16 Aug 2023, retail.economictimes.indiatimes.com
  Southeast Asia’s biggest listed technology firm began a major overhaul last year involving cutting its workforce by 10% and lowering marketing spends, which helped Sea deliver its first-ever quarterly net profit in December…
• BL Interview. Rural regions seeing an uptick in growth since last two quarters : Dabur India CEO
  16 Aug 2023, thehindubusinessline.com
  Homegrown FMCG major Dabur India said it has begun witnessing an uptick in rural growth rates and expects the consumption to be more resilient in the coming quarters…
• Coffee Day Enterprises Q1 profit at ₹23 cr
  16 Aug 2023, thehindubusinessline.com
  Coffee Day Enterprises Ltd (CDEL) has reported a consolidated net profit of ₹22.51 crore for the first quarter ended June 2023…
• Ad camps at shopping malls to help MCG boost revenue
  16 Aug 2023, timesofindia.indiatimes.com
  In an attempt to enhance revenue from advertising, MCG is soon going to hold camps at shopping malls across the city for the commercial establishments to apply directly to display their advertisements at MCG sites…
• FS Life and Sub-Brands Celebrate India’s 77th Independence Day
  16 Aug 2023, indianretailer.com
  On the occasion of India’s 77th Independence Day, FS Life, in conjunction with its esteemed sub-brands – March, FableStreet, and Pink Fort, joins hands to commemorate the spirit of freedom, authenticity, and holistic living that define the essence of India’s heritage…
• Cumulus by SMOOR Open Doors at The Museum of Art & Photography
  16 Aug 2023, restaurant.indianretailer.com
  Cumulus’ menu is a symphony of Continental and Asian cuisines. Each dish is carefully crafted to provide a cumulative combination of lovely flavours…
• LuLu Group has massive investments planned for India in retail and food processing
  16 Aug 2023, gulfnews.com
  UAE-based retailer Lulu Group is expanding rapidly in India with an investment of Rs100 billion in retail and food processing industry. The ongoing projects of the company in states like Telangana, Tamil Nadu, Kerala, Gujarat and Uttar Pradesh will provide around 50,000 employment in India…
• Brookfield India REIT posts net loss of Rs 270.05 million in Q1 FY24
  15 Aug 2023, realty.economictimes.indiatimes.com
  Brookfield India Real Estate Trust’s (Brookfield India REIT) adjusted net operating income (NOI) grew by 4.5% year-on-year to Rs 2,453 million from Rs 2,346 million in Q1 FY23…
• ITC reports 16% rise in net profit at Rs 5,180.12 crore in Q1 FY24
  15 Aug 2023, retail.economictimes.indiatimes.com
  ​ITC’s revenue from operations declined to Rs 18,639.48 crore in Q1 FY24 as against Rs 19,831.27 crore in Q1 FY23. However, its FMCG businesses have witnessed robust growth in both urban and rural markets driven by superior consumer insights, purposeful innovation, portfolio premiumization, enhanced distribution footprint, last-mile execution, and leveraging digital initiatives…
• ETRetailCafe: Westlife Foodworld’s Akshay Jatia on crafting ‘Vision 2027’ to chart out a delicious path to success
  15 Aug 2023, retail.economictimes.indiatimes.com
  Akshay Jatia shares how being a second-generation entrepreneur he is keeping the 25-year-old legacy of McDonald’s alive in south and west India and bringing tech-led changes. He said, “For any brand, consumers define their success.”..
• Donear Suiting to invest Rs 30 cr in French Crown; launch luxury suiting brand
  15 Aug 2023, retail.economictimes.indiatimes.com
  Talking to ETRetail, home-grown apparel brand French Crown’s founder and CEO, Ilesh Ghewariya shared that under this partnership, Donear will be investing Rs 30 crore over the next 2-3 years. Further, the company will provide fabric at a 90-day credit for manufacturing…
• FMCG industry posts 12.2% value growth in June qtr
  15 Aug 2023, retail.economictimes.indiatimes.com
  The growth is 2 percentage points more than the preceding quarter and 1.3 percentage points higher than the same period last year, NIQ’s (erstwhile NielsenIQ) FMCG snapshot showed. The volume growth of 7.5% has surpassed price growth of 4.4% during the quarter. In the preceding March quarter, the volume growth was less than half (3.1%) of the price growth (6.9%)…
• Senco Gold Q1 Results: Profit soars 23% YoY to Rs 27.6 cr; revenue rises 30%
  15 Aug 2023, retail.economictimes.indiatimes.com
  On a sequential basis, profit after tax rose 6% from Rs 26 crore clocked in the preceding March quarter. Revenue from operations increased 60% quarter-on-quarter…
• Sheen is back for India’s gold trade ahead of festive season
  15 Aug 2023, retail.economictimes.indiatimes.com
  Gold demand is picking up in India. The country’s big retail jewellers said that with the festival and wedding season approaching, consumers have started purchases to gain from the nearly 6.5% drop in prices from the June quarter. Experts’ views that gold prices in India may not drop significantly now have also aided this increase in demand…
• Independence Day offers spur retail sales across categories
  15 Aug 2023, financialexpress.com
  After months of a discretionary slowdown, retailers across apparels, fashion, electronics and food & beverages have reason to cheer with the Independence Day Sales, which kicked off from Friday, drawing a good response from consumers…
• Crompton Greaves Q1 drops 3.1% to Rs 122.03 cr; MD says investment towards brand awareness, cost optimization to drive growth
  15 Aug 2023, financialexpress.com
  Crompton Greaves posted revenue from operations at Rs 1876.85 crore, marginally up from Rs 1862.94 crore during the corresponding quarter of FY23…
• 20 Best Shopping Malls In Bangalore For An Unforgettable Experience
  15 Aug 2023, stylesatlife.com
  Did you know Bangalore is home to some of India’s largest and most luxurious shopping malls? Bangalore has long been known for its vibrant shopping culture…
• Torero Corporation Strengthens Collaboration with A.T. Cross
  15 Aug 2023, indianretailer.com
  In a significant move, India-based leather manufacturing company Torero Corporation has amplified its partnership with the esteemed USA-based entity, A.T. Cross, an iconic global leader in the pen industry…
• DLF CyberHub Introduces India’s First Google Chromebook Townhouse
  15 Aug 2023, indianretailer.com
  DLF CyberHub, a prominent retail destination in Gurugram, remains dedicated to fostering innovation. The inauguration of the First Google Chromebook Townhouse stands as a testament to this commitment, ushering in an immersive and exciting encounter for the Gurugram community…
• Sunfeast Dark Fantasy Joins Hands with Shah Rukh Khan
  15 Aug 2023, indianretailer.com
  Sunfeast Dark Fantasy proudly announces a captivating collaboration with the ‘King of Fantasy,’ Shah Rukh Khan, as the new face of the brand. Unveiling its rejuvenated brand essence, ‘Sunfeast Dark Fantasy – Har Dil Ki Fantasy,’ the brand aims to forge a deep bond with its consumers…
• The Power of Independence Day Sales
  15 Aug 2023, indianretailer.com
  Amidst India’s vibrant cultural tapestry, a crescendo of colors, flavors, and traditions heralds the annual Independence Day celebration. As the nation unites to honor its sovereignty, a different kind of festivity unfolds in the world of commerce – the Independence Day sale…
• DS Group Launches ‘Saral Satya Legacy’ Pioneering Active Senior Living
  15 Aug 2023, indianretailer.com
  Celebrating its 94th Founders’ Day, the Dharampal Satyapal Group (DS Group), a leading FMCG conglomerate, has introduced ‘Saral Satya Legacy,’ an innovative active senior living project based on a rental model…
• Bhumi Pednekar Joins EcoSoul Home as Brand Ambassador for Eco-Friendly Products
  15 Aug 2023, indianretailer.com
  EcoSoul Home Inc., a prominent name in eco-friendly products, takes pride in announcing its collaboration with the renowned actor and environmental advocate, Bhumi Pednekar, who will serve as their esteemed brand ambassador…
• Niblerzz Collabs with Paw Patrol for Clean Lollipop Launch
  15 Aug 2023, indianretailer.com
  Clean confectionary brand Niblerzz, a prominent player in the retail sector in India, has partnered with Viacom18 Consumer Products to introduce an exciting new product – Paw Patrol Lollipops…
• Independence Day Special: How Make-in-India Brands are Leading the Green Revolution
  15 Aug 2023, irecwire.indianretailer.com
  As customers become more attuned to the importance of locally sourced goods, there has been a discernible shift towards supporting home-grown brands that align with their sustainability values…
• Pizza Hut Launches Emoji Avatars Campaign to Promote ‘Pizzas for every mood’
  15 Aug 2023, restaurant.indianretailer.com
  The brand has also rolled out its value offer, wherein pizza lovers can relish 2 personal pizzas starting at Rs. 299, with 2 free Pepsi glasses at all 800+ Pizza Hut restaurants…
• Exclusive: Manipal Group’s Ranjan Pai in talks for stake in FirstCry
  14 Aug 2023, retail.economictimes.indiatimes.com
  Pai is expected to invest around Rs 250 crore in the ecommerce firm as part of a broader secondary share sale at FirstCry at a valuation of close to $3 billion, sources said…
• Coffee giants bet on Gen Z from Delhi to Siliguri
  14 Aug 2023, retail.economictimes.indiatimes.com
  For Starbucks, which operates in India in partnership with the Tata Group, the strategy is to launch in new towns and cities. While getting customers in the metros with comparatively higher disposable incomes is obvious for the brand , it has also been able to garner strong footfalls in places like Jalandhar and Siliguri. “The new customer addition to the industry is being led by the Gen Z and millennials. People under the age of 35 years are a very big purchasing class for the coffee space,” said Deepa Krishnan, director, marketing at Tata Starbucks…
• E-commerce and Digital Natives Summit 2023: Industry executives advocate for Gen AI, CX, and strong brand story to drive the future of retail
  14 Aug 2023, retail.economictimes.indiatimes.com
  Day 2 of the summit saw exclusive fireside chats, informative panel discussions, and knowledge-sharing sessions with a focus on technology, digital transformation, and consumer trends to drive the future of D2C in India…
• Tecno aims to break into the top five smartphone brands: Transsion India CEO
  14 Aug 2023, retail.economictimes.indiatimes.com
  “By the end of this year, we should be getting over 7% of the market share. And, maybe we will have a more significant number… we’re certainly looking at the top five. Being in five depends on how we are doing compared to how the competition is doing. And some of the players are not doing well. We understand customers better,” Arijeet Talapatra, CEO of Transsion India, told ET…
• Innerwear inventory piles up on slowing demand: Page Industries
  14 Aug 2023, retail.economictimes.indiatimes.com
  India’s largest innerwear firm, Page Industries, said rival companies are holding up to 12 months of excess inventory, leading to unsustainable business practices such as discounting. Page Industries, which runs Jockey and Speedo stores in India, saw a 7.5% sales drop in the June Quarter. Falling sales of non-essential items, such as apparel and lifestyle products, caused by inflation, higher interest rates, job losses and an economic slowdown, were to blame. ..
• Nearly 150,000 merchants are on ONDC today: CEO
  14 Aug 2023, livemint.com
  The Open Network for Digital Commerce (ONDC) now has nearly 150,000 merchants on its platform, the head of the government-backed non-profit e-commerce protocol said, underlining its widespread adoption across the country…
• How automation is reshaping the retail industry?
  14 Aug 2023, retail.economictimes.indiatimes.com
  Retailers are rapidly adopting automation to combat the challenges faced in the retail sector due to changing consumer behavior and demand for prompt service. Automation tools, such as robotic process automation (RPA), chatbots, and personalized emails, are driving efficiency and improving customer experience in the retail industry. Streamlined processes and elimination of manual labor support retailers in making strategic objectives and value-added decisions…
• BHUTANI INFRA LEADING HIGH-END RESIDENTIAL PROJECT IN NOIDA’S SECTOR 32
  14 Aug 2023, rprealtyplus.com
  Bhutani Infra is leading a high-end residential project in Noida’s Sector 32. This project, which includes a mall and approximately 60 luxurious apartments, is aimed at offering the most opulent living experience in the city…
• Diljit Dosanjh Joins Forces with Mario Rusk as Brand Ambassador
  14 Aug 2023, indianretailer.com
  The esteemed market leader, Mario Rusk, is elated to unveil its partnership with the exceptionally versatile Indian actor and singer, Diljit Dosanjh, who now stands as the brand ambassador for Mario Rusk…
• Jagat Pharma Launches Isotine Cucumber Eye Wipes
  14 Aug 2023, indianretailer.com
  Jagat Pharma has introduced its latest groundbreaking offering – Isotine Cucumber Eye Wipes. In the midst of unprecedented challenges, including severe flooding and a fresh wave of viral infections leading to a surge in cases of conjunctivitis and eye flu, Isotine Cucumber Eye Wipes emerge as an effective solution for safeguarding and rejuvenating eyes naturally…
• Zoya Unveils ‘My Embrace’: A Captivating Signature Collection
  14 Aug 2023, indianretailer.com
  Zoya, the distinguished diamond boutique under the esteemed House of Tata, proudly introduces ‘My Embrace’ – a distinctive autograph collection that stands as an emblematic identifier of the luxury brand…
• Little Italy Delivers Gastronomic Greatness with FMCG brand Acasa
  14 Aug 2023, irecwire.indianretailer.com
  From Pune in 1989 to 109 doors across India and abroad today, Little Italy is now an umbrella brand of seven categories aiming for a sizeable share in FMCG…
• Scooping Success: The Art of Running a Profitable Ice Cream Business
  14 Aug 2023, irecwire.indianretailer.com
  One of the key factors in making an ice cream business successful is product excellence. Crafting delicious and high-quality ice cream is paramount…
• Kareena Kapoor Khan Joins Pluckk as an Investor and Brand Ambasador
  14 Aug 2023, indianretailer.com
  Pluckk, a prominent lifestyle-focused fresh fruit and vegetables brand in India, is thrilled to announce a dynamic partnership with renowned Bollywood actress Kareena Kapoor Khan…
• Doodhvale Appoints Aman J Jain as CEO and Co-founder
  14 Aug 2023, indianretailer.com
  A prominent direct-to-consumer (D2C) company specializing in daily breakfast and morning essentials, Doodhvale, is thrilled to announce the appointment of Aman J Jain as the CEO and Co-founder…
• CrossBeats Expands Product Portfolio with its Lightest Earbuds Yet
  14 Aug 2023, indianretailer.com
  CrossBeats is proud to introduce its latest innovation for 2023 – the ‘Groov Buds’. With a strong presence since its establishment in 2015, CrossBeats has garnered a user base exceeding 5 million customers…
• Nexus Select Trust posts net profit of Rs 93.87 crore in Q1 FY24
  12 Aug 2023, realty.economictimes.indiatimes.com
  Nexus Select Trust achieved net operating income of Rs 389.70 crore and raised Rs 2,250 crore during the quarter at an average interest cost of 8.2% (vs 8.5% in projections) achieved interest savings of ~50 bps / ~Rs 11 crore per annum…
• MAHINDRA LIFESPACES PARTNERS WITH KIDZANIA
  12 Aug 2023, rprealtyplus.com
  In a unique collaboration, Mahindra Lifespaces Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has joined hands with KidZania Mumbai to empower children as architects of a sustainable future…
• K RAHEJA CORP MARKS INDEPENDENCE DAY WITH MUSIC FROM CONST SITES
  12 Aug 2023, rprealtyplus.com
  As India marks its 76th Independence Day, K Raheja Corp, India’s leading real estate developer, unveils its music campaign titled #PragatiKiDhun. Pegged on the iconic patriotic song ‘Saare Jahan Se Accha’, this visual-acoustic formation has interestingly not made use of any musical instrument in its creation…
• CAPITALAND INVESTMENT RAISES S$1.3 BILLION THIRD-PARTY EQUITY COMMITMENT
  12 Aug 2023, rprealtyplus.com
  CapitaLand Investment Limited (CLI) has successfully secured about S$1.3 billion (US$950 million1) equity commitment from global institutional investors for three of its private funds recently, bringing its total equity raised to S$3.2 billion2 to date this year…
• ITC bets big on FMCG business for growth
  12 Aug 2023, retail.economictimes.indiatimes.com
  Speaking at the 112th AGM of the company, ITC chairman Sanjiv Puri told shareholders in his address that the FMCG brands are being exported to several countries and the business vertical has immense growth potential due to the rising per capita income of the people…
• Govt to come up with 60 quality control orders this year to stop imports of sub-standard goods
  12 Aug 2023, retail.economictimes.indiatimes.com
  Violation of the law can attract a penalty of up to two years of imprisonment or with fine of at least Rs 2 lakh for the first offence which increases to Rs 5 lakh minimum for the second and subsequent offences. These orders are issued by the department in consonance with the WTO (World Trade Organization) Agreement on Technical Barriers to Trade (TBT) for industries falling under its domain…
• Berger Paints aims to double revenue to Rs 20,000cr by 2028-29
  12 Aug 2023, retail.economictimes.indiatimes.com
  Berger Paints is planning to double its revenue to Rs 20,000 crore by 2028-29. To achieve this, the paint manufacturer will have to increase its capacity from 95,000 tonnes per month to 1.6 lakh tonnes per month. It aims to invest Rs 2,700 crore in greenfield and brownfield expansion projects over the next five to six years, primarily funded through internal accruals. ..
• Swiss Military eyes to be present at 10,000 retail touchpoints by March 2024
  12 Aug 2023, retail.economictimes.indiatimes.com
  The brand currently has a presence across 1,000 touchpoints in cities like Delhi, Punjab, J&K, Himachal, Uttar Pradesh, Uttarakhand, Jharkhand, Bihar, and Orissa…
• Nykaa posts Rs 5.4 cr profit for Q1
  12 Aug 2023, retail.economictimes.indiatimes.com
  Profit attributable to equity shareholders, however, declined about 26 per cent to Rs 3.3 crore from Rs 4.5 crore in April-June 2022…
• Patanjali Foods Q1 Results: PAT slumps 64% YoY to Rs 878 crore, sales up 8%
  12 Aug 2023, retail.economictimes.indiatimes.com
  Total expenses for the quarter rose to Rs 7,691 crore from Rs 7,038 crore a year ago. The sharp fall in net profit was due to muted sales growth and sharp deterioration in the operational performance…
• Raymond Q1 Results: Profit jumps on one-off gain from consumer business sale
  12 Aug 2023, retail.economictimes.indiatimes.com
  In April, Raymond agreed to sell its consumer business Raymond Consumer Care including brands such as Park Avenue deodorant and Kamasutra condoms to Godrej Consumer Products for $345 million in a bid to turn debt-free…
• Alibaba announces unexpected 14% increase in quarterly revenue
  12 Aug 2023, retail.economictimes.indiatimes.com
  China entered deflation Wednesday for the first time since 2021, the latest in a long string of indicators reflecting a slowdown in the world’s second-largest economy…
• Spencer’s Retail Q1 net loss widens to Rs 64.13 cr
  12 Aug 2023, retail.economictimes.indiatimes.com
  Its revenue from operations fell 8.18 per cent to Rs 570.17 crore during the quarter under review as against Rs 621 crore in the year-ago period…
• FMCG companies make pack sizes bigger as inflation cools
  12 Aug 2023, retail.economictimes.indiatimes.com
  Fast-moving consumer goods (FMCG) firms that reduced pack sizes last year in an attempt to absorb rising costs are putting back grammage as input prices fall. The price of refined sunflower oil, palmolien and soya bean oil have all dropped around 20%-25% over the past 12 months, while packaging costs have similarly declined. Brands that had shrunk packages without reducing prices are putting back weight, particularly for the most popular price points of ₹10, ₹20 and ₹25…
• Bata to focus more on women’s fashion footwear
  12 Aug 2023, retail.economictimes.indiatimes.com
  Bata India Limited will focus more on women’s fashion footwear and bring down the average age of buyers through redevelopment of stores and engagement with influencers, said its managing director Gunjan Shah. The footwear firm has reported subdued growth in revenue from operations for the April-June period, with 2% year-on-year increase to Rs 9,58 crore. ..
• ‘Huge demand for jewellery as wedding season nears’
  12 Aug 2023, retail.economictimes.indiatimes.com
  The domestic market is clearly seeing a huge rush for gold and diamond jewellery. The India International Jewellery show which concluded in Mumbai on Tuesday generated business worth Rs 70,000 crore, the highest ever…
• Kalyan Jewellers takes phygital route to drive online sales
  12 Aug 2023, thehindubusinessline.com
  Kalyan Jewellers’ new platform Candere will be an omni-channel experience where customers can browse on the Candere website and then be directed to the nearest physical store. Kalyan Jewellers is banking on phygital model to drive sales to the next level on its online platform Candere, and plans to open 30 physical stores before the end of this fiscal…
• WPP is open to buying firms in India for AI push
  12 Aug 2023, retail.economictimes.indiatimes.com
  WPP, the world’s largest advertising group, is interested in acquiring Indian companies to strengthen its artificial intelligence (AI) capabilities, according to CEO Daniel Hulme. Generative AI use will enhance ideation and production, and Hulme said concerns surrounding IP infringement and data privacy were being addressed by WPP…
• ‘Cheaper 5G handsets may keep mobile sales from falling in ’23’
  12 Aug 2023, retail.economictimes.indiatimes.com
  With the festive season approaching, Indian customers will witness the first signs of 5G smartphones priced around INR 10,000 or less. Several brands have launched smartphones under this category to tap volumes, with Xiaomi becoming the erstwhile leader. ..
• Grasim Industries Q1 net profit falls 6.6 pc to Rs 2,576.35 crore
  12 Aug 2023, retail.economictimes.indiatimes.com
  The company had posted a net profit of Rs 2,758.75 crore during the April-June quarter a year ago, Grasim Industries said in a regulatory filing…
• Navigating Business Prospects in India’s Retail Industry
  12 Aug 2023, india-briefing.com
  India’s retail industry is rapidly growing due to the entry of new players. With a large population, a growing middle class, and an emerging luxury spending cohort, foreign retailers have excellent prospects for business expansion in the Indian market…
• DrinkPrime Ensures Safe Drinking Water for Pets with #DrinkPrimeForPets Initiative
  12 Aug 2023, indianretailer.com
  DrinkPrime continues its commitment to safe drinking water by introducing the groundbreaking #DrinkPrimeForPets Initiative. This campaign empowers pet owners to provide their cherished furry companions with premium purified water, setting a new standard in pet care…
• Freedom Tree Unveils Its 1st Retail Haven in Thriving Thane
  12 Aug 2023, indianretailer.com
  Celebrated for its distinct design aesthetics and home offerings, Freedom Tree joyfully introduces its inaugural retail store in the burgeoning locale of Wagle Estate in Thane. Hailing from the industrious heart of Mumbai, Freedom Tree Design has evolved over time, blossoming into a chain of exuberant home stores accompanied by a robust online presence…
• Retailer’s Special D2C Top 100 Issue Unveiled Amidst Fanfare and Anticipation
  12 Aug 2023, indianretailer.com
  ‘Less is more’, ‘never give in, never give up’, ‘persistence’… these may sound like clichés but are, in fact, the success mantras of the top D2C founders who graced the cover of the Special D2C 100 issue of the Retailer magazine…
• Bikano Ventures into Indian Spices Segment with ‘Swad Anusar’
  12 Aug 2023, indianretailer.com
  Renowned retail brand Bikano, operating under Bikanervala Foods Pvt Ltd., is excited to introduce its new sub-brand, Swad Anusar, marking its entry into the Indian Spices category…
• Piramal’s i-activ Innovates Period Care in India with New ‘Honest Tutorial’ Campaign
  12 Aug 2023, indianretailer.com
  Piramal Consumer Product Division (CPD) is set to revolutionize women’s period care in India by expanding its i-activ portfolio with the introduction of i-activ menstrual cups…
• Why Observability is Indispensable to the Indian e-commerce Market
  12 Aug 2023, indianretailer.com
  The e-commerce ecosystem in India grew significantly in 2022 with over 750 e-commerce startups securing funding, and the direct to consumer (D2C) segment branching out offline. D2C brands alone received funding of over $11.7 billion in 2022…
• Revolutionizing Last-Mile Delivery: Blockchain and the Future of Instantaneous Logistics
  12 Aug 2023, indianretailer.com
  In today’s fast-paced world where instant gratification is the new norm, the demand for efficient and reliable last-mile delivery has reached a new high…
• The Digital Transformation of Enterprise Procurement: A Post-Pandemic Paradigm Shift
  12 Aug 2023, indianretailer.com
  The outbreak of the COVID-19 pandemic in 2019 brought the world to a standstill and forced enterprises to rethink their traditional procurement processes…
• Deconstruct Expands Hair Care Lineup for Complete Self-Care
  12 Aug 2023, indianretailer.com
  Deconstruct, making its mark in the competitive hair care sector with its acclaimed serums, now advances its offerings to present a comprehensive hair care regimen…
• Sleepyhead Embarks on Omnichannel Journey to Transform Home Lifestyle Experience
  12 Aug 2023, indianretailer.com
  Sleepyhead, a prominent D2C home decor and furniture brand, commences an exciting phase by venturing into omnichannel expansion for Home Lifestyle Dominance. The brand’s first stride involves a pilot launch across 250 multi-brand outlets in Kerala, signaling the onset of a promising new chapter in its evolution…
• Little Italy Delivers Gastronomic Greatness with FMCG brand Acasa
  12 Aug 2023, irecwire.indianretailer.com
  From Pune in 1989 to 109 doors across India and abroad today, Little Italy is now an umbrella brand of seven categories aiming for a sizeable share in FMCG…
• Scooping Success: The Art of Running a Profitable Ice Cream Business
  12 Aug 2023, irecwire.indianretailer.com
  One of the key factors in making an ice cream business successful is product excellence. Crafting delicious and high-quality ice cream is paramount…
• Mantis by Levels Unveils the Nightlife Haven in Goa
  12 Aug 2023, restaurant.indianretailer.com
  he event’s lineup features an array of top-notch artists and DJs, including renowned names like Bismal and Chetas, Stebin Ben, DJ Yogii, Tech Panda, Kenzani, and more…
• Tim Hortons India Celebrates First Birthday with Exclusive ₹199 Offers
  12 Aug 2023, restaurant.indianretailer.com
  Tim Hortons India, the iconic Canadian coffee chain is elated to celebrate its first birthday across the Indian region…
• Wendy’s Join Hands with World’s Largest Franchise Operator Flynn Restaurant Group for Australia Operation
  12 Aug 2023, restaurant.indianretailer.com
  The agreement between Wendy’s and Flynn Restaurant Group will drive growth in Australia primarily after 2025, with the ambition to hit 200 restaurants across the country through 2034, through a combination of equity stores and sub-franchise partners…
• Titan Unveils ‘Find Your Joy’ Campaign, Elevating Elegance
  12 Aug 2023, brandlicense.indianretailer.com
  This initiative celebrates the exhilaration and simple pleasures derived from serendipitous moments and newfound delights…
• Anko Unveils Premium Homeware Collection on Myntra with Exclusive Discounts
  12 Aug 2023, retail.economictimes.indiatimes.com
  Anko, the renowned Australian homeware brand, has exciting news for Indian shoppers as it makes its debut on Myntra, India’s premier fashion and lifestyle e-commerce platform…
• Omaxe’s net loss widens to Rs 106.21 crore in Q1 FY24
  11 Aug 2023, realty.economictimes.indiatimes.com
  Omaxe’s net consolidated total income stood at Rs 220.85 crore in Q1 FY24, a growth of 78.46 per cent from Rs 123.75 crore it recorded in the similar quarter last year…
• Amazon scraps private label brands to cut costs, address antitrust scrutiny – source
  11 Aug 2023, retail.economictimes.indiatimes.com
  The move was first reported by the Wall Street Journal, which said the company has decided to eliminate 27 of its 30 in house-label clothing division, leaving it with just Amazon Essentials, Amazon Collection and Amazon Aware…
• Ecommerce growth slows in FY23 as Covid effect evaporates: Report
  11 Aug 2023, retail.economictimes.indiatimes.com
  The order volume growth of India’s ecommerce industry slowed from 69.4% in fiscal year 2022 to 26.2% in FY23, according to data from ecommerce enabler Unicommerce…
• After laptops, cameras and printers could also face import curbs
  11 Aug 2023, retail.economictimes.indiatimes.com
  Separately, the government is also said to be reviewing other high-import products such as urea, antibiotics, turbo-jets, lithium-ion accumulators, refined copper, machines and mechanical appliances, solar and photovoltaic cells, aluminium scrap, sunflower seed oil, and cashew nuts…
• FMCG volume growth highest in 8 quarters at 7.5% in April-June quarter; value growth of 12.2%: NielsenIQ
  11 Aug 2023, retail.economictimes.indiatimes.com
  By value, the industry grew 12.2% in the quarter, 1.3% higher than the same period last year, driven by higher consumption growth, the researcher said. This growth comes two years after the industry, impacted by high inflation, had seen price-led growth for more than two years…
• V-Mart Retail posts Rs 22 crore net loss in Q1
  11 Aug 2023, retail.economictimes.indiatimes.com
  Total expenses of the value fashion retailer were up 25.67 per cent to Rs 708.99 crore in the first quarter of FY 2023-24…
• Indian retailer Arvind Fashions quarterly loss deepens on demand slump
  11 Aug 2023, retail.economictimes.indiatimes.com
  The Bengaluru-based company’s consolidated net loss widened to 164.3 million rupees ($1.98 million) for the three-month period ended June 30, from a loss of 5.1 million rupees a year earlier…
• Page Industries Q1 Results: Profit falls 25% on sluggish demand
  11 Aug 2023, retail.economictimes.indiatimes.com
  The Bengaluru-based company which also manufactures and distributes athleisure wear reported a 7.5% fall in its revenue from operations at 12.40 billion rupees…
• Men’s fashion brand Louis Stitch launches first brand outlet in Gurugram
  11 Aug 2023, retail.economictimes.indiatimes.com
  Spread across an area of 1100 square feet, the brand aims to establish a premium menswear-focused shopping concept with the store…
• Puma India onboards Shanaya Kapoor as its new brand ambassador
  11 Aug 2023, retail.economictimes.indiatimes.com
  Shanaya will front PUMA’s athleisure and performance wear, taking the sports brand a step closer to its next generation of shoppers and boosting its commitment towards connecting with youth culture…
• Retail inflation likely hit 9-month high of 6.6% in July
  11 Aug 2023, moneycontrol.com
  The statistics ministry will release IIP data for June later today at 5:30 pm, which is expected to show output growth edged down to 5 percent from 5.2 percent in May an eye-watering increase in tomato prices is expected to propel CPI inflation past the upper bound of the RBI’s 2-6 percent tolerance range….
• Samsung India logs record 1 lakh pre-bookings for new foldables in just 28 hrs
  11 Aug 2023, retail.economictimes.indiatimes.com
  Samsung on Thursday said it has secured record pre-bookings for its fifth-generation foldable devices in India, with more than 100,000 consumers pre-booking Galaxy Z Flip5 and Z Fold5 in the first 28 hours…
• India’s Pidilite Industries posts Q1 profit rise on strong demand, easing costs
  11 Aug 2023, retail.economictimes.indiatimes.com
  The company, also known for its waterproofing product Dr. Fixit and paper-to-paper sticking adhesive Fevistik, said raw material costs dropped nearly 13% to 13.66 billion rupees…
• How Angel & Rocket Plans to Elevate Premium Kidswear Market in India
  11 Aug 2023, indianretailer.com
  Angel & Rocket, a brand born out of SP Retail Ventures, has taken the Indian children’s wear market by storm with its premium and stylish clothing offerings…
• Reliance Jewels Celebrates 16 Years with Grand Launch of Aabhar Collection 2023
  11 Aug 2023, indianretailer.com
  Pioneering the landscape of trust and excellence in India’s jewelry industry, Reliance Jewels is thrilled to commemorate its 16th anniversary by unveiling the much-anticipated Aabhar Collection 2023…
• TCL’s Independence Day Extravaganza: Free Soundbars and Irresistible Offers on Premium TV Range
  11 Aug 2023, indianretailer.com
  TCL, a prominent name in the global TV industry and a leading consumer electronics brand, is set to delight customers in India with its exclusive Independence Day campaign…
• Gap Unveils Exclusive Independence Day Collection, Celebrating 77th National Anniversary
  11 Aug 2023, indianretailer.com
  As the nation readies to commemorate its 77th Independence Day, Gap is thrilled to introduce a unique Independence Day Collection in India, enhancing the retail fashion landscape. This curated collection showcases intricately designed tees and polos, meticulously crafted to pay homage to the profound spirit of freedom and independence that deeply resonates with the people of India…
• VILLAIN Unveils #BeardKaAsliBaap Campaign with Superstar Yash
  11 Aug 2023, indianretailer.com
  In a striking move that amplifies its innovative prowess in the retail lifestyle arena in India, VILLAIN has launched its latest and most captivating campaign yet – #BeardKaAsliBaap. This campaign stars the charismatic and accomplished superstar Yash, celebrated for his iconic roles in the blockbuster movies KGF 1 and 2…
• Wendy’s Join Hands with World’s Largest Franchise Operator Flynn Restaurant Group for Australia Operation
  11 Aug 2023, restaurant.indianretailer.com
  The agreement between Wendy’s and Flynn Restaurant Group will drive growth in Australia primarily after 2025, with the ambition to hit 200 restaurants across the country through 2034, through a combination of equity stores and sub-franchise partners…
• VRO Hospitality Adds 4 PlanB Outlets in Bengaluru
  11 Aug 2023, restaurant.indianretailer.com
  PlanB has extended its reach to Kochi, Hyderabad, Kolkata, and now further in Bengaluru. With the incorporation of these four fresh establishments, PlanB has burgeoned into a network of 16 outlets throughout India…
• Delhi-based Wraps Kathi Rolls Eyes Expansion; Targets 15 Stores in 2023
  11 Aug 2023, restaurant.indianretailer.com
  Delhi-based Wraps Kathi Rolls is now planning to expand in other parts of India – north, west and south…
• House of Pandora now in Bandra, Mumbai
  11 Aug 2023, restaurant.indianretailer.com
  HOP is home to the Bartender of the Year UAE 2022, Shelton Fernandes, and his team of expert mixologists. The drink list draws inspiration from esteemed establishments like Sips, Tayer Elementary, The Clumsies, and more…
• SKU Full Form in Retail: An In-Depth Analysis
  11 Aug 2023, indianretailer.com
  In the intricately designed framework of the retail industry, a multitude of codes, acronyms, and terms specific to the sector are frequently encountered. One such term that has gained significant prominence, acting as an integral part of effective retail inventory management, is SKU or ‘Stock Keeping Unit’…
• Shaza Weaves Artistry and Culture into Handcrafted Luxury Shawls
  11 Aug 2023, indianretailer.com
  Step into the captivating world of Shaza, where untold stories of folklore and traditions come to life through exquisite handcrafted luxury shawls. A captivating fusion of Karigari (craftsmanship) and Kahani (narrative), Shaza adds a contemporary twist to age-old Indian heritage…
• WAVE CITY, NORTH INDIA’S FIRST HIGH-TECH OPERATIONAL SMART CITY
  10 Aug 2023, rprealtyplus.com
  Spread over 4200 acres, Wave City is the first operational Hi-tech City in North India which amalgamates technology and modern-day luxuries…
• Tata Digital standalone FY23 revenue grows 13 times to Rs 204 crore, loss up 23%
  10 Aug 2023, retail.economictimes.indiatimes.com
  Tata Digital is the ecommerce arm of the Mumbai-based salt-to-aviation major which houses digital assets such as egrocery firm BigBasket and online pharmacy 1mg, besides its own digital offerings like Tata Cliq, Croma and others…
• Fashion brand Urbanic to invest $50 mn in India
  10 Aug 2023, retail.economictimes.indiatimes.com
  Urbanic currently sells across its D2C application and website in the country. The brand recently delisted itself from the Flipkart group to focus on enhancing its D2C presence…
• Unilever’s venture capital arm invests in healthtech startup What’s Up Wellness
  10 Aug 2023, retail.economictimes.indiatimes.com
  What’s Up Wellness said it will utilise the fresh fund towards ramping up its team, furthering growth and scaling efforts, and the development of an array of new products aimed at solving all the major pain points faced by users…
• PepsiCo India consolidated profit surges to Rs 268 crore in FY23
  10 Aug 2023, financialexpress.com
  Food and beverages major Pepsico India Holdings Pvt Ltd reported a multi-fold rise in consolidated profit at Rs 267.80 crore in 2022-23 fiscal, according to financial data accessed by business intelligence platform Tofler…
• Bikano enters branded spice segment
  10 Aug 2023, retail.economictimes.indiatimes.com
  Bikano will partner with spice farmers and suppliers to ensure quality and sustainability and adhere to relevant certifications from regulatory bodies such as FSSAI, ISO, HACCP, and GMP…
• E-comm order volumes jump 26% in FY23, tier-1 cities lead
  10 Aug 2023, livemint.com
  Tier-1 cities led the growth in e-commerce volumes in fiscal 2023 as work from office resumed after two years of pandemic-led restrictions, e-commerce enablement SaaS platform Unicommerce said in its annual trends report released Wednesday…
• Myntra to increase penetration into India’s Gen Z community with its ‘FWD Campus Tribe’
  10 Aug 2023, retail.economictimes.indiatimes.com
  Myntra, an Indian e-commerce platform, has launched a student community called ‘FWD Campus Tribe’ to target Gen Z students and build a creator economy. Members will receive benefits, including access to a three-month Insider Trial pack and one-on-one styling sessions. ..
• Delhivery to give integrated warehousing, transportation solutions to Havells India
  10 Aug 2023, retail.economictimes.indiatimes.com
  Covering Havells’ product portfolio of electrical and consumer goods, Delhivery will deploy its technology-led integrated warehousing and transportation solutions to deliver speed, precision, and complete end-to-end visibility, the statement said…
• BigBasket B2B arm’s loss widens 21% in FY23; turnover at Rs 2,261 crore
  10 Aug 2023, retail.economictimes.indiatimes.com
  The unit also registered a turnover of Rs 2,261.3 crore for the fiscal year. In FY22, the unit’s losses stood at Rs 177.9 crore, while its operating revenue was Rs 1,707.2 crore. BigBasket’s parent entity Tata Digital is a part of Tata Sons…
• FMCG companies fight for market share with ‘agile’ small peers
  10 Aug 2023, retail.economictimes.indiatimes.com
  Smaller local players in India, such as Parle, Britannia and Hindustan Unilever, have entered the biscuit, tea, detergent, oil and snacking sectors, nibbling away at larger companies’ market shares as the price of raw materials has lowered. During deflationary times, regional rivals give more value to consumers by offering extra grammage and are more nimble with product launches. ..
• Bata India posts first profit drop in two years on sluggish demand
  10 Aug 2023, retail.economictimes.indiatimes.com
  The company’s consolidated profit fell 10.5% to 1.07 billion Indian rupees ($12.92 million) in the April-June quarter, while revenue from operations increased just 1.6% to 9.58 billion rupees…
• Kalyan Jewellers Q1 PAT up 33 pc at Rs 144 cr
  10 Aug 2023, retail.economictimes.indiatimes.com
  The Middle East operations recorded a PAT of Rs 17 crore as compared to Rs 14 crore a year ago. The region contributed 16 per cent to the overall consolidated revenue of the company…
• Trent Q1 results: Profit jumps 44% at ₹148.27 crore
  10 Aug 2023, livemint.com
  Retailer Trent Ltd., part of the Tata Group, reported a 44% jump in June quarter profit to ₹148.27 crore from the ₹102.6 crore reported in the year ago period…
• Semi-casual wear making a return in languishing apparel market
  10 Aug 2023, retail.economictimes.indiatimes.com
  Sales of semi-casual or smart casual office wear, including denims, chinos, polos and casual shirts and sneakers are growing at a faster pace than traditional formal wear, according to retailers. The trend reflects an increase in employment in the services, financial and IT sectors, where formal wear has been replaced with “Friday dressing” for everyday use…
• Brand Concepts partners with United Colors of Benetton to make travel accessories
  10 Aug 2023, retail.economictimes.indiatimes.com
  Brand Concepts Ltd, a fashion retail house for travel gear, handbags, and lifestyle accessories said it has partnered United Colors of Benetton, to launch an exclusive collection of travel accessories and small leather items in the Indian market…
• Under Armour beats quarterly sales estimates on steady demand
  10 Aug 2023, retail.economictimes.indiatimes.com
  Under Armour, like many other clothing brands, has offered steeper discounts to clear its bloated inventories by attracting budget-conscious customers that have otherwise cut back on non-essential purchases in the face of higher prices, rents and interest rates…
• India’s luggage industry revenue set to rise 15 per cent: CRISIL ratings
  10 Aug 2023, retail.economictimes.indiatimes.com
  CRISIL Ratings on Wednesday said that India’s luggage industry revenue is set to rise 15% on-year this fiscal — despite a high-base effect of 40% growth last fiscal — owing to rising penetration of hard luggage made by the organised sector, and continuing growth in tourism and corporate travel…
• India’s V-Guard Q1 profit jumps 20% on firm demand for electronic products
  10 Aug 2023, retail.economictimes.indiatimes.com
  Consolidated net profit for the electronic products manufacturer was at 642.2 million rupees ($7.75 million)for the quarter ended June 30, the Kochi-based company said in a filing…
• Wonderchef Opens its 26th Exclusive Store in India, to Open 50 stores by 2025
  10 Aug 2023, retail.economictimes.indiatimes.com
  Wonderchef, the renowned cookware and premium kitchen appliance company, has opened its 26th exclusive store in India in Mumbai Malad…
• EBO Full Form in Retail: Exclusive Brand Outlets Explained
  10 Aug 2023, indianretailer.com
  In the proliferating retail industry, a myriad of terminology and retail formats governs operations. One such term you might frequently encounter is EBO, or Exclusive Brand Outlets…
• Legacy Brand Foam Home Reintroduces its Experiential Mattress Store
  10 Aug 2023, indianretailer.com
  Foam Home, a pioneering name in the mattress industry with over 40 years of excellence, welcomes architects, interior designers, and home enthusiasts across the city to their much-awaited store relaunch…
• Louis Stitch Unveils First Exclusive Outlet in Gurugram
  10 Aug 2023, indianretailer.com
  Louis Stitch, a Premium men’s fashion brand, has launched its first-ever Exclusive Brand Outlet (EBO) in Gurugram, Haryana. This EBO strengthens Louis Stitch’s commitment to expanding its retail footprint pan India and offering a wide range of products across apparel, accessories, and footwear…
• Tata CLiQ Palette Launches First Store
  10 Aug 2023, indianretailer.com
  Tata CLiQ Palette, India’s beauty matchmaker from the house of Tata, has opened its innovative omnichannel beauty retail experience at Nexus Seawood Mall in Navi Mumbai…
• Women’s Apparel Brand Jisora Forecasts Rs 60 cr Revenue for the Current Year
  10 Aug 2023, indianretailer.com
  Jisora, a fresh women’s apparel brand, has achieved a milestone this year, surpassing an estimated revenue of Rs 60 crore. This remarkable feat speaks volumes about the brand’s exceptional blend of Indian aesthetics and the latest fashion trends, captivating the hearts of countless fashion enthusiasts…
• Tata Soulfull Launches Ragi Bites Choco Sticks
  10 Aug 2023, indianretailer.com
  Tata Soulfull, a leading brand in the Better-for-you snacks and Breakfast Cereals segment from the house of Tata, has expanded its snacking portfolio with the launch of Ragi Bites Choco Sticks…
• Evolving Elegance: The Rise of Premium Contemporary Jewelry in the Indian Market
  10 Aug 2023, irecwire.indianretailer.com
  From preserving traditions to embracing modernity, premium brands redefine Indian jewelry with innovative designs and materials…
• Guilt-free ice cream Brand Go Zero Bags USD 1 Mn in Pre-Series A funding from DSG Consumer Partners, V3 Ventures, Saama
  10 Aug 2023, retail.economictimes.indiatimes.com
  Guilt-free Ice Cream brand Go Zero has secured USD 1 Million in its pre-Series A funding round…
• Tulua Introduces Aromatic Line of Spices
  10 Aug 2023, restaurant.indianretailer.com
  Brand’s five out of the eight spices are currently certified organic, and it aims to achieve organic certification for the remaining items within the next three months…
• Shwetank Singh Appointed as Chief Growth and Strategy Officer at Chalet Hotels Limited
  10 Aug 2023, restaurant.indianretailer.com
  Shwetank will head the Project Development unit at Chalet Hotels and drive forward Business Development endeavors…
• Prestige Estates Projects’ net profit increases by 26.56% in Q1 FY24
  09 Aug 2023, realty.economictimes.indiatimes.com
  Prestige Estates Projects’ net consolidated total income stood at Rs 1,966.30 crore in Q1 FY24, a dip of 2.26 per cent from Rs 2,011.80 crore it recorded in the similar quarter last year…
• Brigade Enterprises’ net profit dips 66% in Q1 FY24
  09 Aug 2023, realty.economictimes.indiatimes.com
  Brigade Enterprises’ net consolidated total income stood at Rs 685.43 crore in Q1 FY24, a dip of 25.52 per cent from Rs 920.28 crore it recorded in the similar quarter last year…
• Experion Developers acquires land in Gurugram for Rs 550 crore
  09 Aug 2023, realty.economictimes.indiatimes.com
  The 5.5-acre land was auctioned by the Haryana Shahari Vikas Pradhikaran (HSVP). This is the fourth acquisition by the company in recent months…
• The Phoenix Mills’ net profit dips 61% in Q1 FY24
  09 Aug 2023, realty.economictimes.indiatimes.com
  The Phoenix Mills’ net consolidated total income stood at Rs 839.59 crore in Q1 FY24, a growth of 40.44 per cent from Rs 597.84 crore it recorded in the similar quarter last year…
• ELAN MIRACLE GURUGRAM LEASES 20,176 SQ FT TO DEERIKA HYPERMARKET
  09 Aug 2023, rprealtyplus.com
  Deerika Hypermarket, a leading retailer for daily household needs including fashion, electronics, luggage, footwear, and home fashion has leased out 20,176 square feet of prime retail space in Elan Miracle, Gurugram…
• SAJ Food Products aims to have Rs 5,000 crore revenues by FY29, says MD Vijay Singh
  09 Aug 2023, retail.economictimes.indiatimes.com
  SAJ Food is building a Rs 100 crore-plant in Guwahati with a monthly production capacity of 10,000 tonnes, taking its installed capacity to 3 lakh tonnes per annum, the company’s Managing Director Vijay Singh told PTI here on Tuesday…
• Consumer goods firms expect margins to improve significantly over next three quarters
  09 Aug 2023, retail.economictimes.indiatimes.com
  Margins are on an upward trajectory for most companies from December quarter with year-on-year reduction in inflation and raw material costs. This led to a recovery in advertising and promotion spending as well which last quarter almost touched at par with pre-Covid levels…
• Parag Milk Foods’ PAT doubles to Rs 21.42 crore in Q1 FY24
  09 Aug 2023, retail.economictimes.indiatimes.com
  Parag Milk Foods, a dairy FMCG firm said its focus on its core categories of Ghee, and cheese along with new age business – Avvatar and Pride of Cows remained high during Q1 FY24. It said that it will continue its investments in marketing and brand-building initiatives. It also collaborated with Starplus for IPL integration as a branding activity for its brand Go Cheese. ..
• ADF Foods Q1 net profit grows 93 pc to Rs 14.7 cr
  09 Aug 2023, retail.economictimes.indiatimes.com
  The company’s revenue from operations surged 15.7 per cent to Rs 112.4 crore from Rs 97.2 crore in the April-June period of FY23…
• Advent buys Australian fashion brand Zimmermann in $1 bln deal
  09 Aug 2023, retail.economictimes.indiatimes.com
  While the financial terms were not disclosed, two people close to the matter said the transaction valued the brand at around 14 times its core profit – meaning around $1.15 billion…
• Investment in technology helped Titan during the pandemic: MD
  09 Aug 2023, thehindubusinessline.com
  Titan Company invested more than ₹100 crore in technology in 2015 and this investment came in handy during the Covid pandemic when customers were shopping from home…
• UK fashion retailer Superdry secures fresh funding
  09 Aug 2023, retail.economictimes.indiatimes.com
  Superdry said the facility with Hilco is for a 12-month term with the option to extend, and is at an interest rate of 10.5% plus the Bank of England base rate on the drawn element…
• International brands share in retail leasing going up
  09 Aug 2023, retail.economictimes.indiatimes.com
  Global brands now occupy a quarter of the retail space in India, which has increased 1100 basis points from a year ago. The surge in global brands leasing was from both existing retailers and newer entrants, with existing retailers leasing 75% of the total share. During the period, fashion and apparel were the major sectors with a 38% share followed by food and beverage with an 18% share…
• R CITY Mall Unveils Innovative Vend‘N’Go Micro-Commerce Platform for Enhanced Dining Experience
  09 Aug 2023, indianretailer.com
  Mumbai’s esteemed shopping and entertainment hub, R CITY, has joined forces with Versicles Technologies Pvt Ltd to introduce an exclusive culinary innovation – Vend‘N’Go – within the mall’s premises. Vend‘N’Go, a groundbreaking micro-commerce platform, empowers shoppers to effortlessly order their favorite meals from a variety of restaurants, cafes, and food outlets in a single comprehensive order, all while enjoying their retail experience…
• Kalyan Jewellers Expands Retail Presence in Anand
  09 Aug 2023, indianretailer.com
  Kalyan Jewellers, a renowned and trusted name in India’s jewellery industry, has taken a significant step forward by inaugurating its latest showroom on Vidhyanagar Main Road in Anand…
• Britannia Bel Foods to Put India’s Nascent Cheese Industry on Fast Track
  09 Aug 2023, indianretailer.com
  India is one of the largest dairy markets and milk producers in the world with a relatively small cheese market. The joint venture of Britannia and Bel in November 2022 became a watershed moment for cheese…
• Priyaasi Sets the Stage for Elegance and Allure in its New Collection
  09 Aug 2023, indianretailer.com
  Priyaasi, a rapidly ascending D2C jewellery brand in India, has taken the fashion world by storm, introducing its latest collection – “Elegance, Allure, and YOU!”..
• Tata Consumer Products Introduces Tata Simply Better Cold Pressed Oils
  09 Aug 2023, retail.economictimes.indiatimes.com
  Tata Consumer Products (TCP), a leading name in the retail industry, uniting the diverse food and beverage interests of the Tata Group, has officially stepped into the flourishing premium segment of Cold Pressed Oils…
• House of X Partners with Celebrity Chef Sanjyot Keer to Introduce Kitchenware Brand, YFL Home
  09 Aug 2023, indianretailer.com
  Continuing its steadfast dedication to empowering creators to establish brands in just 7 days, House of X, a pioneering tech platform renowned for launching, constructing, and expanding creator-led direct-to-consumer (D2C) brands, has joined forces with Celebrity Chef Sanjyot Keer…
• 5 Tips to Follow to Maximise the Potential of Your Brewery Success
  09 Aug 2023, irecwire.indianretailer.com
  These platforms offer breweries an unparalleled opportunity to cultivate brand awareness, engage with their desired audience, and establish a robust online presence…
• Hungry Buddha Unveils New Spot in Lower Parel
  09 Aug 2023, restaurant.indianretailer.com
  Hungry Buddha inaugurates its second virtual kitchen in the Lower Parel area. Renowned for its deep connection to East Asian traditions and food, the establishment stands as an online kitchen offering Asian delicacies within Mumbai’s Bandra-Juhu vicinity…
• Driven by Menu Innovation, Exceptional Marketing Restaurant Brands International Reports Strong Q2
  09 Aug 2023, restaurant.indianretailer.com
  Owner of Tim Hortons, Burger King and Popeyes, Restaurant Brands International Inc has recorded a robust Q2 with consolidated system wide sales growth of 14% plus year over year generating over $40 billion and a 10% plus global comparable sales increase…
• Le Meridien Mahabaleshwar Resort and Spa Appoints Chef Joseph Varghese as Executive Chef
  09 Aug 2023, restaurant.indianretailer.com
  Le Meridien Mahabaleshwar Resort and Spa has appointed Chef Joseph Varghese as their new Executive Chef. With a profound passion for food and an impressive 13+ year journey spanning across renowned establishments such as The Ritz Carlton Doha, Marriott Doha, Sheraton Abu Dhabi, Yas Viceroy Abu Dhabi, Atlantis the Palm Dubai, and various prestigious locations in India, Chef Joseph brings a wealth of expertise and creativity to their resort…
• GOPIZZA India Unveils Ramyun Bowls in Its Menu; Targets 70 Outlets by 2023 End
  09 Aug 2023, restaurant.indianretailer.com
  South Korean pizza chain GOPIZZA India has finally announce the launch of its most awaited Korean menu available across all outlets and on delivery apps -Swiggy and Zomato, starting at Rs 150…
• UNO Pizzeria & Grill Opens 2nd Outlet in Kolkata
  09 Aug 2023, restaurant.indianretailer.com
  The interior design of UNO Pizzeria & Grill has been meticulously curated to deliver an exceptional and unforgettable ambiance, seamlessly fusing Kolkata’s architectural elements with Uno’s distinct visual language…
• Dash Square Elevates Luxury Living with Kuka Home Furnishing’s Exquisite Sofa Range
  09 Aug 2023, indianretailer.com
  Dash Square, a prominent player in the Indian retail market, has introduced an array of four new sofa models from Kuka Home Furnishing, the latest addition to its opulent furniture assortment…
• The Global Logistics Finance Market Is Booming: Here Are Some Interesting Stats & Facts
  09 Aug 2023, indianretailer.com
  The global logistics market is experiencing a remarkable boom, reshaping how goods and services are transported worldwide. As economies become increasingly interconnected, the demand for efficient, streamlined logistics solutions has skyrocketed…
• MINDSPACEREIT APPOINTS RAMESH NAIR CEO; VINOD ROHIRA MEMBER BOARD OF REIT
  08 Aug 2023, rprealtyplus.com
  Mindspace Business Parks REIT owner and developer of quality Grade A office portfolio, today announced the appointment of Ramesh Nair as Chief Executive Officer, with effect from September 1, 2023…
• Godrej Consumer’s volume growth up 12%, announces capex plan of Rs 900 cr
  08 Aug 2023, retail.economictimes.indiatimes.com
  Godrej Consumer (GCPL) has announced a sales growth of 9% in India’s first quarter. The FMCG company added that it is investing INR 900 crore ($116.55m) in capital expenditure to set up a manufacturing site in Tamil Nadu and Madya Pradesh. The move is expected to boost Home and Personal Care categories, increasing capacity by 20% within the next 18-36 months…
• ETRetailCafe: DLF Retail’s Pushpa Bector on building malls to meet changing consumer expectations
  08 Aug 2023, retail.economictimes.indiatimes.com
  Pushpa Bector shares how she transformed mall culture in India. She said, “I always knew that retail will do very well in this country and malls will be the way forward.”…
• Laptop, tablet sales jump on import curbs
  08 Aug 2023, retail.economictimes.indiatimes.com
  Online platforms such as Amazon running its Independence Day sales saw a surge in laptop sales following the government announcement, industry executives said. The sales momentum is continuing even on Monday, retailers and brands said…
• Paytm’s Sharma to buy Ant’s 10.3% stake in company
  08 Aug 2023, retail.economictimes.indiatimes.com
  The move is being seen as an attempt by the fintech major to reduce Chinese ownership in the firm at a time when Indian companies with Chinese holdings are increasingly coming under scrutiny of regulators…
• Delhivery expects to turn in net profits by FY 2025: CEO Sahil Barua
  08 Aug 2023, retail.economictimes.indiatimes.com
  ​​This comes a day after its losses narrowed 78% year-on-year to Rs 89.4 crore for the quarter ended June 30…
• Burger King’s India operator posts wider Q1 loss on higher costs
  08 Aug 2023, retail.economictimes.indiatimes.com
  The restaurant chain’s consolidated net loss widened to 504.8 million rupees ($6.1 million) for the quarter ended June 30, from 475 million rupees a year ago, according to an exchange filing…
• Demand for essential items at decade-high levels
  08 Aug 2023, retail.economictimes.indiatimes.com
  Sales of daily groceries and essentials increased 8.5% YoY between April and June; the highest increase in a decade. FMCG sales was up 5.3% in rural markets and 12% in cities from a year earlier. However, consumption in villages only grew by 2%. Analysts believe the high increase in sales was largely due to the government offering free food grains, notably atta, which saw a growth of 8.5% during the quarter…
• Emami Q1FY’24 net up by 88pc to Rs 137cr on strong demand
  08 Aug 2023, retail.economictimes.indiatimes.com
  The company stated that despite investments in brand building and the integration of subsidiaries in the investment phase, EBITDA reached Rs 190 crore, expanding by 10 per cent, while the margin increased 60 basis points to 23 per cent…
• For India’s handwash makers, sales frenzy of past few years finally subsides
  08 Aug 2023, retail.economictimes.indiatimes.com
  Household penetration of handwashes, which had hit a heady high of 60% in the country during pandemic times, has now fallen to around 33% — a level that was usual for the pre-Covid era, a ToI report said on August 7…
• Whirlpool India Q1 Results: Firm posts fall in Q1 profit on soft demand
  08 Aug 2023, retail.economictimes.indiatimes.com
  The company, known for its refrigerators, washing machines and air conditioners, said consolidated net profit for the three months ended June 30 fell to 748.8 million rupees ($9.05 million) from 837.3 million rupees a year earlier…
• India’s feature phone market grows by 9%: Report
  08 Aug 2023, retail.economictimes.indiatimes.com
  India’s feature phone market witnessed a notable 9% YoY growth in Q2 2023, according to a report by CyberMedia Research. The growth of 2G feature phone shipments remained stable, while 4G feature phone shipments rose by 108% YoY. India’s overall smartphone market reduced by 6%, while the 5G segment grew by 45% YoY with a 47% share…
• Cherry on Top: How India and US Are Strengthening Agricultural Ties
  08 Aug 2023, indianretailer.com
  Amidst the ever-evolving global economic landscape, India and the United States have fostered a robust trade relationship that continues to flourish. Agriculture, a vital component of this bilateral trade, has witnessed remarkable growth in recent years, setting new records and forging promising partnerships…
• Sources Unlimited Introduces Exclusive Karl Lagerfeld x Bosa Collection
  08 Aug 2023, indianretailer.com
  Sources Unlimited, a trailblazer in introducing top-tier international furniture, accessories, and lighting solutions to the Indian market, proudly presents the unveiling of the Karl Lagerfeld by Bosa collection…
• GharGhar Unveils New Collection of Sustainable Handmade Carpets
  08 Aug 2023, indianretailer.com
  GharGhar, a prominent home décor company renowned for its sustainable, artisanal contemporary rugs, cushions, and accessories that draw inspiration from art, culture, and heritage, has introduced an exceptional assortment of handmade sustainable carpets that promise to elevate any living space instantly!…
• Technological Advancements Revolutionizing the Furniture Industry
  08 Aug 2023, indianretailer.com
  The furniture industry has experienced a remarkable transformation in recent years, thanks to rapid technological developments. Innovations have not only enhanced the design and functionality of furniture but have also introduced novel materials that redefine aesthetics and durability…
• Lancome Expands Product Portfolio with Idole EDP
  08 Aug 2023, indianretailer.com
  Lancôme has recently introduced the extraordinary fragrance, Idôle, to the vibrant and diverse market of India. A symphony of purity, freshness, and floral essence, Idôle captures the essence of elegance, extending an invitation to women across the country to embrace their uniqueness and seize each moment…
• Fundoze’s Kiddoze Partners with Peppa Pig to Offer Wholesome Nutrition
  08 Aug 2023, indianretailer.com
  Fundoze unveiled an exciting collaboration between their renowned brand Kiddoze and the beloved character Peppa Pig. Kiddoze stands out as a distinctive player in India, prioritizing the provision of a wholesome and enjoyable alternative to conventional supplements that cater to a child’s daily nutritional requirements…
• McDonald’s India Launches India’s First Airport Drive-Thru Restaurant in Mumbai
  08 Aug 2023, restaurant.indianretailer.com
  Spanning over 3,000 sq. ft., this unique Drive-Thru with McCafe provides customers with a seamless experience through its drive-thru lanes, dine-in area, and takeaway counter…
• “Restaurateurs have Realized the Potential of Bev as a Major Contributor to the Biz Sales,” Says Sandy Verma
  08 Aug 2023, restaurant.indianretailer.com
  In an exclusive interview with Restaurant India, Sandeep Verma, reknowned mixoligist talks about the growing culture of bar and beverage and how it has changed the restaurant business…
• PureLink GmbH Partners with Alphatec to Bring Cutting-Edge AV Solutions
  08 Aug 2023, indianretailer.com
  German-based industry leader, PureLink GmbH, renowned in the professional presentation and media technology sector, is excited to announce a strategic collaboration with Alphatec in India…
• How Re’equil is Restoring Equilibrium for Healthy Skin and Hair
  08 Aug 2023, indianretailer.com
  In the world of personal care, where bold claims often outshine tangible results, Vipul Gupta, the Founder, and Director of Re’equil, found himself grappling with a familiar struggle during his college years – hair loss…
• Global funds eye Blackstone’s 50% stake in Panchshil and Salarpuria assets
  08 Aug 2023, realty.economictimes.indiatimes.com
  The Canada Pension Plan Investment Board (CPP Investments) and The Ontario Municipal Employees Retirement System (OMERS) are the pension funds that have evinced interest in picking up the stake in this commercial real estate portfolio spread across a total 26 million sq ft in India…
• Keystone Realtors’ net profit increases by 10.21% in Q1 FY24
  08 Aug 2023, realty.economictimes.indiatimes.com
  Keystone Realtors’ net consolidated total income stood at Rs 282.82 crore in Q1 FY24, a growth of 60.69 per cent from Rs 176 crore it recorded in the similar quarter last year…
• Reliance Retail crosses a billion transaction benchmark in FY23, to ramp up FMCG business
  07 Aug 2023, retail.economictimes.indiatimes.com
  Reliance Retail achieved a landmark of one billion transactions in FY23, with its registered user base growing to 249 million, according to the annual report of Reliance Industries. Additionally, it added 3,300 new stores in the year, taking its total count to 18,040 stores across 65.6 million sq ft. The company plans to expand its footprint into tier two and three markets, ramp up digital commerce and new commerce businesses, and deepen its warehousing and fulfilment capabilities. ..
• DMart has to add greater number of stores to grow faster, says CEO Neville Noronha
  07 Aug 2023, retail.economictimes.indiatimes.com
  Avenue Supermarts’ first-quarter profit rose marginally but missed estimates, even as the profit margins shrunk owing to higher costs and weak demand in the discretionary category. “Overall gross margins are lower compared to same period in the previous year, primarily due to lower sales contribution of apparel and general merchandise,” said Noronha…
• E-commerce and Digital Natives Summit 2023: D2C players, investors see innovative approach and balanced strategies to drive biz growth
  07 Aug 2023, retail.economictimes.indiatimes.com
  Expressing thoughts on the investors’ behaviour lately, Dipanjan Basu, cofounder and partner of Fireside Ventures shared, “We have seen positive changes in Investor behaviour in backing start-ups with a balanced growth strategy along with strong unit economics. This is driving business model innovation at start-ups that are growing fast but yet maintaining positive unit economics.”…
• Yeh dil maange more: Companies now focus on ‘all things premium’
  07 Aug 2023, retail.economictimes.indiatimes.com
  The number of car models available in the sub Rs 10 lakh category more than halved to 27 in the June quarter from 57 in FY19. Models priced over Rs 10 lakh almost doubled to 50. Of the half a dozen or so passenger vehicles unveiled this fiscal year, only the Maruti Suzuki Fronx and the Hyundai Exter have variants priced below Rs 10 lakh. The Maruti Suzuki Jimny and the new Kia Seltos as well as the forthcoming Citroen C3 Aircross and the Honda Elevate are all tagged upward of Rs 10 lakh…
• Gen Z consumers bring in the moolah for many cos
  07 Aug 2023, retail.economictimes.indiatimes.com
  “We have seen a demand uptick of over 105% year-on-year in the first half of the year (January-June 2023) in the Gen Z fashion segment,” a spokesperson for fashion platform Myntra, which has over 8.6 million Gen Z consumers, said. “We have witnessed over 550% increase in search keywords like “hot pink” and “Barbie.” Social media and OTT platforms wield significant influence over Gen Z consumers,” she said…
• Redefining customer experience in retail with content
  07 Aug 2023, retail.economictimes.indiatimes.com
  In the age of informed consumers with high expectations and abundant choices, traditional engagement strategies are inadequate, giving rise to hyper-personalized experiences. Retailers now acknowledge the crucial role of compelling and tailored content in capturing and retaining customer attention…
• Olive oil, Fox nut prices increase 80% in a year
  07 Aug 2023, retail.economictimes.indiatimes.com
  Inclement weather has increased inflation of not only the daily kitchen essentials, but also of gourmet superfoods consumed by the rich and the health conscious. Drought in Europe, and back home in Bihar, has increased the prices of olive oil and makhana (fox nut) by more than 80% in a year, with further rise expected in the coming days…
• Businesses optimistic on demand, climatic factors a concern for food prices, rural growth: Britannia
  07 Aug 2023, financialexpress.com
  Businesses in India are optimistic on demand conditions despite apprehensions about global recession though challenges from a shortfall in monsoon due to ‘El Nino’ conditions still persist, said leading bakery and food company Britannia Industries…
• Fast food shows a divide as burger sales outdo pizzas
  07 Aug 2023, financialexpress.com
  Discretionary categories such as fast-food may be feeling the slowdown blues amid food inflationary pressures, but one sub-segment appears to be bucking the trend for now…
• Rate hikes, margin pinch put pay-later companies in a tough spot
  07 Aug 2023, retail.economictimes.indiatimes.com
  Rupifi, ePayLater and others in the online segment are feeling the heat, with eB2B marketplaces scaling down or tightening operations across categories…
• Samsung takes the top smartphone brand, Xiaomi slips to third in India
  07 Aug 2023, retail.economictimes.indiatimes.com
  India’s smartphone shipments dropped by 6% YoY in Q2 2023, per a report from CyberMedia Research. However, affordable phones priced under INR 7,000 ($93) grew 51% YoY, and premium smartphones recorded shipments growth of 9% YoY, with super-premium and uber-premium devices growing by 95% and 133% YoY, respectively…
• Consumer durables players expect 40% growth this festive season
  07 Aug 2023, thehindubusinessline.com
  With the festive season around the corner, consumer durable makers are anticipating up to 40 per cent year-on-year growth this year…
• India’s Gem and Jewellery Industry Set for Transformation with the Inaugural India Jewellery Shopping Festival
  07 Aug 2023, indianretailer.com
  The All India Gem and Jewellery Domestic Council (GJC), a pivotal trade body that unites jewelry manufacturers, wholesalers, retailers, and exporters, has introduced a groundbreaking initiative – the India Jewellery Shopping Festival (IJSF)…
• Arrow’s Collaborative Campaign with Hrithik Roshan Elevates Menswear Celebrations in India
  07 Aug 2023, indianretailer.com
  Arrow, the distinguished menswear brand under Arvind Fashions Limited, has unveiled a captivating campaign featuring Bollywood luminary Hrithik Roshan. The latest campaign, titled ‘Every Special Moment Deserves an Arrow,’ urges men in India to commemorate each noteworthy occasion, be it personal or professional, with Arrow’s premium menswear collection…
• Cadbury Dairy Milk Silk Unveils Cadbury Dairy Milk Silk Ganache
  07 Aug 2023, indianretailer.com
  Mondelez India, the force behind Cadbury Dairy Milk Silk, India’s beloved premium chocolate, has brought forth a tantalizing new addition—Cadbury Dairy Milk Silk Ganache. This lusciously indulgent, perfectly balanced chocolate boasts a dessert-like essence that captures the heart and palate…
• McDowell’s No1 Soda Launches Yaariverse: Elevating Virtual Entertainment and Friendship
  07 Aug 2023, indianretailer.com
  Get ready to revel in the year’s most anticipated celebrations as McDowell’s No1 Soda proudly presents Yaariverse, an interactive platform within the ‘Metaverse,’ designed to transport you to an extraordinary realm of immersive concerts and captivating content experiences…
• How Social Commerce is Reshaping the E-Commerce Landscape in India
  07 Aug 2023, indianretailer.com
  In recent years, social commerce has emerged as a transformative force in the e-commerce landscape worldwide. With proliferation of social media platforms and change in consumer behavior due to COVID-19, the country has witnessed a significant shift towards social commerce…
• “BillMe’s Disruptive Partnership with NY Cinemas Ignites Transformation
  07 Aug 2023, indianretailer.com
  In a strategic move that has propelled BillMe into the forefront of the digital billing landscape, the renowned platform has recently partnered with NY Cinemas…
• Kolte-Patil Developers’ net profit increases by 84.36% in Q1 FY24
  05 Aug 2023, retail.economictimes.indiatimes.com
  Kolte-Patil Developers’s net consolidated total income stood at Rs 578.51 crore, a growth of 183.07 per cent from Rs 204.37 crore it recorded in the similar quarter last year…
• Govt defers implementation of restrictions on imports of laptops, PCs and tablets to Nov 1
  05 Aug 2023, retail.economictimes.indiatimes.com
  India’s Directorate General of Foreign Trade (DGFT) has announced that from November 1, 2023, it will restrict the import of laptops, computers, and their components without a license. After this set date, these electronics can only be imported with a valid license meant for restricted imports. India’s electronics imports, including laptops and personal computers, accounted for $19.7 billion between April and June 2023…
• Britannia Q1 Results: Profit rises 36% YoY to Rs 458 crore, misses estimates
  05 Aug 2023, retail.economictimes.indiatimes.com
  Revenue from operations during the first quarter rose 8% year-on-year (YoY) to Rs 4,011 crore. The same stood at 3,701 crore in the last year period…
• Apple grew ‘strong double digits’ in India, exceeded expectations: CEO Tim Cook
  05 Aug 2023, retail.economictimes.indiatimes.com
  Cook further said the company’s first two retail stores in India are currently beating expectations in terms of how they’re doing. “We continue to work on building out the channel and putting more investment in our direct-to-consumer offers as well,” he said. The Apple CEO said since India is the second largest smartphone market in the world, the company “ought to be doing really well there”…
• Devyani International Q1 Results: KFC owner’s PAT tumbles 84% YoY to Rs 12 crore
  05 Aug 2023, retail.economictimes.indiatimes.com
  ​​The revenue from operations stood at Rs 846.63 crore up 20% year-on-year (YoY) from Rs 704.72 crore in the April-June quarter of FY23…
• India has the potential to become the world’s market in jewellery: Titan’s CK Venkataraman
  05 Aug 2023, retail.economictimes.indiatimes.com
  Venkataraman said that all factors were in India’s favour and expects demand for jewellery to be robust in the festive season…
• Delhivery Q1 Results: Losses narrow sharply to Rs 89.5 crore, sales rise 10.5%
  05 Aug 2023, retail.economictimes.indiatimes.com
  Consolidated revenue from operations increased 10.5% YoY to Rs 1,929 crore. Express parcel shipment volumes grew 19% YoY to 182 million in the quarter. Volumes grew by over 2 million shipments from the March quarter eventhough the June quarter is traditionally a seasonally weak period for the sector…
• Kitchen essentials burning pockets with surging prices
  05 Aug 2023, retail.economictimes.indiatimes.com
  Apart from tomatoes, the prices of other food items have also increased due to supply shortage. The Ministry of Food and Consumer Affairs mentioned in a parliamentary session that tur dal, rice, urad dal, and atta have experienced maximum price increases of 28%, 10.5%, 8% each, respectively, in the past year. The Ministry attributed the rise in tur dal prices to a reduction in domestic production…
• Wipro Consumer Care & Lighting opens research centre to strengthen food biz
  05 Aug 2023, retail.economictimes.indiatimes.com
  With the research and development facility, the company aims to accelerate innovation in food products starting from the snacks category, enhancing its overall food product portfolio…
• Consumer spending to surpass USD 4 trillion by 2030: Report
  05 Aug 2023, retail.economictimes.indiatimes.com
  In terms of categories, the report projected consumer spending on food, housing, apparel, personal care, transport, and communication to increase twice by 2030…
• Smartphone demand drops for 4th qtr
  05 Aug 2023, livemint.com
  Domestic demand for smartphones continued to be tepid at best, as India saw a fourth straight quarter of annualized shipment declines…
• Redken Makes Highly Anticipated Retail Debut in India
  05 Aug 2023, indianretailer.com
  Redken, the renowned haircare brand, has finally made its highly anticipated debut in India, bringing the power of science and the expertise of its hairdressers to empower everyone to express themselves and make a statement with their hair…
• BROOKFIELDReach 3 Roads Welcomes Soul Terrace Bar and Brewery
  05 Aug 2023, indianretailer.com
  Reach 3 Roads, the premier destination for a seamless blend of shopping and corporate sophistication in Gurugram’s Sector 70, proudly announces the highly anticipated arrival of Soul Terrace Bar and Brewery on 28th July, 2023…
• Unwrapping Joy: Exploring the Latest Gifting Trends of 2023
  05 Aug 2023, indianretailer.com
  Gifting has evolved into a means of expressing admiration, gratitude, and enthusiasm that has become deeply rooted in both our everyday routines and our cultural norms…
• DS Group Appoints of Jyotiroop Barua as Business Head of Dharampal Satyapal Foods Limited
  05 Aug 2023, indianretailer.com
  Dharampal Satyapal Group (DS Group), a prominent multi-business corporation and a leading FMCG conglomerate, has officially named Mr. Jyotiroop Barua as the Business Head of Dharampal Satyapal Foods Limited (Confectionery), marking a pivotal move in the company’s expansion strategy…
• Max Fashion Launches ‘Friendship Beyond Words’ Campaign
  05 Aug 2023, indianretailer.com
  On the occasion of International Friendship Day, Max Fashion introduces its new campaign, ‘Friendship Beyond Words,’ to amplify its brand belief of fostering genuine connections with customers and commitment towards equal work opportunities, including people with special needs…
• The Orchid Hotel Pune Appoints Priyanca Rao as New Head of HR and Training
  05 Aug 2023, restaurant.indianretailer.com
  Priyanca Rao comes with an extensive background in HR, showcasing her expertise in critical domains such as talent acquisition, employee development and training, employee engagement and motivation, and diversity and inclusion efforts…
• McDowell’s No1 Soda Enters Metaverse; Partners with Hungama Digital Media to Launch Yaariverse
  05 Aug 2023, restaurant.indianretailer.com
  Yaariverse brings alive a virtual reality platform where revellers can immerse themselves in exciting concerts and engaging content experience on the metaverse…
• Sheraton Grand Pune Bund Garden Appoints Supreet Roy as General Manager
  05 Aug 2023, restaurant.indianretailer.com
  With an illustrious career spanning over two decades, Roy brings an unparalleled level of expertise and a proven track record of achievements to his new role…
• Mensa Brands Joins India’s ONDC Network, Showcasing Villain, MyFitness, and Priyaasi
  05 Aug 2023, indianretailer.com
  Mensa Brands, the largest digital House of Brands in India, is thrilled to announce its integration with the Open Network for Digital Commerce (ONDC), marking a significant stride in the retail landscape. This integration marks the debut of three distinguished brands from Mensa’s portfolio – Villain, MyFitness, and Priyaasi…
• CapitaLand Investment India looks to invest SGD 7-8 billion in next 3-4 years
  04 Aug 2023, retail.economictimes.indiatimes.com
  We currently have 22 million sq ft of operational IT Parks in India across several cities and about 7.5 million sq ft of operational industrial logistics. Our goal across both asset classes is to touch over 50 million sq ft in the next 3-4 years, said Sanjeev Dasgupta, CEO, CapitaLand Investment India…
• Zomato Q1 Results: Food delivery platform turns profitable with Rs 2 crore-PAT; revenue soars 71% YoY
  04 Aug 2023, retail.economictimes.indiatimes.com
  Food delivery platform Zomato reported a consolidated net profit of Rs 2 crore for the quarter ended June 2023 against a loss of Rs 186 crore in the corresponding quarter of the last financial year…
• JLL UNVEILS FIRST GPT MODEL FOR COMMERCIAL REAL ESTATE
  04 Aug 2023, rprealtyplus.com
  JLL GPT is, the first large language model purpose-built for the commercial real estate (CRE) industry. Developed by JLL Technologies (JLLT), the technology division of JLL, the bespoke generative artificial intelligence (AI) model will be used by JLL’s 103,000+ workforce around the world to provide CRE insights to clients in a whole new way. JLL’s extensive in-house data will be supplemented with external CRE sources, and the company plans to offer made-to-order solutions to clients later this year…
• K RAHEJA CORP LAUNCHES WOMEN’S LEADERSHIP PROGRAM
  04 Aug 2023, rprealtyplus.com
  K Raheja Corp, India’s leading Real Estate conglomerate, launches its Women in Leadership Program – SHEROES: Expand your Potential, a transformative development journey to strengthen its pool of women leaders…
• Tata Consumer, ITC among companies keen to buy into Fabindia-backed Organic India
  04 Aug 2023, retail.economictimes.indiatimes.com
  Tata Consumer Products and ITC Foods are among select companies that have initiated talks to acquire a significant stake in Fabindia-backed organic teas and health products maker Organic India, executives directly aware of the developments said. Tata Consumer or ITC could either buy Fabindia’s stake or acquire a fresh stake in Organic India, they said…
• Dabur India Q1 net profit up 5% to Rs 464 crore
  04 Aug 2023, retail.economictimes.indiatimes.com
  The company’s total income rose to Rs 3,240 crore in the first quarter of the current fiscal from Rs 2,923 crore in the year-ago period, Dabur India said in a regulatory filing on Thursday…
• Food industry impacted by high commodity prices: Britannia Ind
  04 Aug 2023, retail.economictimes.indiatimes.com
  Britannia Industries Limited has reported that the food sector has been affected by various factors, including high commodity prices, rising interest rates, and geopolitical conflicts disrupting supply chains. The company’s focus areas like biscuits, cakes, rusks, bread, and dairy were hit by commodity inflation last year. ..
• D2C house of brands Mensa Brands joins ONDC
  04 Aug 2023, retail.economictimes.indiatimes.com
  The integration has been initiated with three of Mensa’s brands namely men’s lifestyle brand Villain, FMCG brand MyFitness, and Jewellery and accessories brand Priyaasi…
• Amazon Q2 results: Revenue rises 11% to $134 billion boosted by cloud sales
  04 Aug 2023, retail.economictimes.indiatimes.com
  Net income was 65 cents a share versus expectations of 35 cents. Last year, the company lost 20 cents a share in the quarter because of a slump in the value of its investment in Rivian, an electric truck maker…
• bigbasket enters two more cities in Kerala, projects annual turnover of ₹300 cr in two years
  04 Aug 2023, thehindubusinessline.com
  Leading -grocer bigbasket has announced entry into Thiruvananthapuram and Kozhikode in Kerala, extending its service beyond Kochi, where it has already had a presence. Co-Founder and CEO Hari Menon said here the Tata Group enterprise has set itself a 37 per cent-plus market share in Kerala within 24 months by achieving a turnover of ₹300 crore…
• Kalyan Jewellers to open 11 new showrooms
  04 Aug 2023, retail.economictimes.indiatimes.com
  The company plans to expand its operations across key non-South markets to further strengthen its presence at a pan-India level, according to the release…
• UK retailer Next raises annual profit guidance
  04 Aug 2023, retail.economictimes.indiatimes.com
  The upgrade from Next, which is considered a barometer of how British consumers are faring as it trades from about 500 stores and online, came just six weeks after its last upgrade and shows shoppers continue to defy tough economic conditions…
• Radico Khaitan posts higher Q1 profit on demand for premium liquor
  04 Aug 2023, retail.economictimes.indiatimes.com
  Its revenue from operations rose over 26% to 40.23 billion rupees, driven by a 40% jump in its sales of premium liquors. It also has a “regular” segment that has lower-priced alcohol such as 8 PM whisky, Old Admiral brandy and Contessa rum…
• DS Group appoints Jyotiroop Barua to lead its confectionery biz
  04 Aug 2023, retail.economictimes.indiatimes.com
  In his new role, Barua will lead the company’s business strategy and growth to further strengthen its presence in the segment…
• Consumers are now buying staples across multiple channels
  04 Aug 2023, livemint.com
  Urban consumers are shopping for daily essentials across multiple channels including visiting their neighbouring stores and ordering shampoo and chips on quick commerce platforms helping the share of such “omni-channel” households double over the last two years, researcher Kantar said…
• Apple Q3 results: Revenue drops 1%, but profit rises to $19.9 billion
  04 Aug 2023, retail.economictimes.indiatimes.com
  Apple’s financial results were the latest indication that tech’s biggest companies have found their footing after last year’s downturn…
• Dyson unveils Deepika Padukone as the Brand Ambassador for Hair Care Innovations
  04 Aug 2023, indianretailer.com
  Dyson, the renowned global technology company, has officially appointed Deepika Padukone as the Brand Ambassador for their revolutionary Hair Care technologies…
• ‘Mass’ Consumers May Drive over $135 Bn GMV of the $300 Bn Total E-Commerce Opportunity in India by 2030
  04 Aug 2023, indianretailer.com
  The differentiated shopping habits of mass consumers, along with their increasing digital shopping penetration, make them the most attractive consumer cohort for eCommerce platforms. As of 2022, India has 65-70 million households transacting on eCommerce platforms monthly, which is projected to go up to 120-130 million by 2030, with mass consumers contributing to 80 percent of the incremental transacting households…
• Cadbury Dairy Milk Silk Ganache: Experience the luxurious eat experience with the richness of Cadbury
  04 Aug 2023, indianretailer.com
  Cadbury Dairy Milk Silk, India’s favorite premium chocolate from Mondelez India, brings a ‘dessert-like’, decadently delicious, and perfectly balanced chocolate with the launch of its newest variant— Cadbury Dairy Milk Silk Ganache…
• Arrow launches new ‘Deserves an Arrow’ campaign featuring style icon Hrithik Roshan
  04 Aug 2023, indianretailer.com
  Arrow, the illustrious menswear brand from Arvind Fashions Limited, has just unveiled a stunning new campaign featuring Bollywood superstar and icon Hrithik Roshan…
• Red Bull Media House Launches Red Bull Tv Channel On Jiotv And Jiotv+
  04 Aug 2023, indianretailer.com
  Red Bull Media House, a globally distributed multi-platform media company partners with JioTV mobile app & JioTV+ connected TV platform…
• High-end Yet Reasonable, Peggy Oliver on the Sweet Spot of Indian Market
  04 Aug 2023, indianretailer.com
  Inspired by the likes of Giorgio Armani and Jans Haminet, Peggy Oliver has been a new entrant in the Indian market with opulence and grandeur in glassware…
• Same Day Delivery: The Best Way To Grow Your Online Store in 2023
  04 Aug 2023, indianretailer.com
  In today’s fast-paced world, where convenience and speed are paramount, same-day delivery has emerged as a crucial factor in the success of online businesses…
• Callaway Guides Indian Golf Scene to Mainstream Glory
  04 Aug 2023, irecwire.indianretailer.com
  Golf is no longer an elite sport in India. With the rise of talents such as Aditi Ashok, Aryaman Mohan, Shubhankar Sharma, and on Asia tours such as Veer Ahlawat, Manu Gandas, Kartik Sharma, the country is progressing towards nurturing passion and practice for professional golf…
• EvolveX Accelerator Backed UcliQ Raises INR 7 Million in Angel Round
  04 Aug 2023, restaurant.indianretailer.com
  Having initially targeted around 1200-1400 HoReCa businesses in Delhi/NCR, UcliQ now sets its sights on reaching 20,000-25,000 businesses across Delhi/NCR, Bangalore, and Hyderabad in the next 12 months…
• Nomad Unveils its New Restaurant in Bangalore
  04 Aug 2023, restaurant.indianretailer.com
  Nomad presents a rich selection of renowned pizzas, including favorites like Naples, New York, Chicago Deep Dish, and Detroit styles, alongside a thoughtfully curated assortment of beverages like coffee, wine, and cocktails…
• Poetry by Love and Cheesecake Opens at The Walk, Hiranandani Estate, Thane
  04 Aug 2023, restaurant.indianretailer.com
  In the past year, Love and Cheesecake opened its doors to an outlet in Delhi’s Defence Colony as well two outlets in Pune at Koregaon Park and Balewadi High Street…
• What Strategy D2C Skincare Brand Foxtale is Following to Dominate In-Person Shopping Experience
  04 Aug 2023, retail.economictimes.indiatimes.com
  Skincare is one of the fastest growing consumer categories. It’s defining the momentous period of the rising number of millennials and GenZ prioritizing self-case and endorsing minimal makeup looks…
• Adani Wilmar posts net loss of Rs 78.92 crore in Q1 FY24
  03 Aug 2023, retail.economictimes.indiatimes.com
  Adani Wilmar’s total income also declined to Rs 12,994.18 crore in Q1 FY24 as against Rs 14,776.39 crore in Q1 FY23, as per the BSE filing. However, its total expenses reduced to Rs 13,061.86 crore in Q1 FY24 as against the total expenses of Rs 14,516.13 crore in Q1 FY23…
• Aditya Birla Fashion and Retail in advance stages to acquire Wrogn: Report
  03 Aug 2023, retail.economictimes.indiatimes.com
  As per the report, USPL has been actively seeking a buyer for Wrogn. The company has had discussions with with potential suitors such as Dream 11 and Mukesh Bansal, founder of Myntra. USPL brands including Wrogn and Single are present in 144 cities across the country…
• Titan Q1 Results: Profit drops 2% YoY to Rs 777 crore; revenue rises 19%
  03 Aug 2023, retail.economictimes.indiatimes.com
  Both figures were below the Street estimate. During the quarter, the company’s margin reduced 239 bps to 9.9%. Buyer growth was 14% and the average ticket sizes moved up by 6% compared to that in Q1FY23…
• Indian homes grow warmer towards cold beverages
  03 Aug 2023, retail.economictimes.indiatimes.com
  In-home penetration of cold beverages, which includes soft drinks, squashes, powdered mixes, and packaged juices, has grown by 47% in May 2023 compared to 38% in 2019. The marketing data and analytics company Kantar reported that this growth rate is significantly better than any 12-month period before the pandemic…
• Bed Bath & Beyond is back, this time as an online retailer
  03 Aug 2023, retail.economictimes.indiatimes.com
  The online retailer Overstock.com said in late June that it was dumping its name online and it will become Bed & Bath & Beyond, which declared bankruptcy earlier this year…
• Britannia hit by profit booking on rural headwinds
  03 Aug 2023, retail.economictimes.indiatimes.com
  “There is an apprehension that sales may be impacted with slower recovery in rural areas than expected,” said Nirvi Ashar, fundamental research analyst at Religare Broking. The company is scheduled to announce its first-quarter results on August 4…
• Sapphire Foods Q1 Results: Rising costs eat away KFC operator’s profit
  03 Aug 2023, retail.economictimes.indiatimes.com
  India is reeling under rising prices of essentials as monsoon rains have disrupted supplies, with companies including Domino’s flagship inflation-buster 49-rupee pizza being “re-engineered” by cutting price – and tomatoes – from its earlier cheapest offering of 59 rupees…
• Tata NourishCo forays into premium spices with saffron, says competition from local brands can be met with ‘differentiated’ products
  03 Aug 2023, retail.economictimes.indiatimes.com
  Local FMCG brands may have grown faster than national brands in the last one year, but any competition can be met with “differentiated products”, said Vikram Grover, managing director of NourishCo Beverages, subsidiary of Tata Consumer Products, in an interview…
• FMCG sales rise as shops stock up ahead of festivals
  03 Aug 2023, retail.economictimes.indiatimes.com
  Rural market volume, which had been in double-digit decline, turned positive in the June quarter compared with a contraction in the year earlier. Market growth on a two-year compound annual growth rate (CAGR) basis is still down marginally, with rural volume falling 4%, Hindustan Unilever said, citing Nielsen data…
• Reliance Retail to make value store foray with Yousta
  03 Aug 2023, financialexpress.com
  Reliance Retail will roll out the new Yousta stores of around 5,000-10,000 sq. ft. in size in cities such as Hyderabad, Delhi and Mumbai in the initial phase, the sources said…
• Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
  03 Aug 2023, thehindubusinessline.com
  Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said…
• Smartphone companies focus on budget models in buildup to festive season
  03 Aug 2023, retail.economictimes.indiatimes.com
  The key ingredient is 5G support, being made available at a sweet spot of Rs 10,000-13,000, thanks to Qualcomm and MediaTek bringing down chipset prices now that they have recovered the development costs, analysts said…
• K RAHEJA CORP TO CONSOLIDATE REAL ESTATE PORTFOLIO
  03 Aug 2023, rprealtyplus.com
  Realty developer K Raheja Corp is planning to consolidate its residential real estate portfolio to improve focus on housing and increase the scale of business…
• INTEGROW PARTNERS WITH PRANAMI GROUP FOR REALTY PROJECTS
  03 Aug 2023, rprealtyplus.com
  Integrow, the trailblazing tech-driven real estate investment platform, proudly announces its collaboration with Pranami Group, a distinguished name in the real estate industry with a remarkable track record of over 23 years…
• Elista Launches New ‘Made in India’ Bluetooth Speakers
  03 Aug 2023, indianretailer.com
  Elista has announced the release of its latest range of Bluetooth-enabled speakers, catering to music enthusiasts. These ‘Made in India’ single tower speakers provide a perfect blend of powerful subwoofers and tweeters, delivering an immersive and captivating sound experience…
• Scuzo Ice ‘O’ Magic Unveils First Live Popsicle Concept and Dessert Cafe in Noida
  03 Aug 2023, indianretailer.com
  Scuzo Ice ‘O’ Magic, a rapidly growing dessert retail brand, proudly launches its inaugural outlet in Noida, providing customers with a delightful journey back to their childhood with a focus on health and low sugar content…
• RAS Opens Innovative Skincare Experience Store in Raipur
  03 Aug 2023, indianretailer.com
  RAS proudly launched a groundbreaking problem-solution approach to skincare through its new store in Raipur. This unique store offers customers an immersive experience that seamlessly blends the expertise of knowledgeable staff with cutting-edge technology…
• Fashinza Launches State-of-the-Art Design Lab in Gurugram
  03 Aug 2023, indianretailer.com
  Fashinza has recently inaugurated its cutting-edge design lab in Gurugram. The state-of-the-art facility aims to build a robust Product Development and Research infrastructure, empowering the company to explore the latest trends and innovations in material and design and swiftly take those products to market…
• High-end Yet Reasonable, Peggy Oliver on the Sweet Spot of Indian Market
  03 Aug 2023, indianretailer.com
  Inspired by the likes of Giorgio Armani and Jans Haminet, Peggy Oliver has been a new entrant in the Indian market with opulence and grandeur in glassware…
• Lavna Locks Announces Urvashi Rautela and Dayanand Shetty as Brand Ambassadors
  03 Aug 2023, indianretailer.com
  Lavna Locks takes immense pride in unveiling renowned Bollywood sensations Urvashi Rautela and Dayanand Shetty as their esteemed brand ambassadors…
• Demi Luxe Expands Product Portfolio with Unique Jewelry Collection
  03 Aug 2023, indianretailer.com
  Demi Luxe, the renowned jewelry brand known for its exquisite craftsmanship and timeless designs, is delighted to announce a special celebration for Friendship Day. This international occasion presents the perfect opportunity to express gratitude and love for dear friends who bring joy and meaning to our lives…
• The Sleep Company Appoints Ripal Chopda as CMO
  03 Aug 2023, indianretailer.com
  The Sleep Company, renowned for its SmartGRID technology ensuring peaceful sleep, has appointed Ripal Chopda as their Chief Marketing Officer (CMO). This strategic move reinforces the brand’s commitment to expand internationally, establish an omnichannel presence, and achieve substantial offline growth in Indian cities and towns…
• Aqualens Unveils Versatile Colored Contact Lenses
  03 Aug 2023, indianretailer.com
  Aqualens is setting new standards of innovation with its premium range of colored contact lenses, catering to the dynamic Indian youth. These aesthetically pleasing lenses offer wearers an opportunity to showcase their unique sense of fashion and personality…
• Revolutionizing the Restaurant Industry: Role of Technology to Boost Restaurant Performance
  03 Aug 2023, irecwire.indianretailer.com
  Traditional paper menus have become outdated and interactive digital displays, allowing customers to browse through a visually appealing and user-friendly interface have gained preference and popularity…
• Punjab Grill High on Expansion; To Open 5 Outlets this August
  03 Aug 2023, restaurant.indianretailer.com
  Fine-dining restaurant chain Punjab Grill is thrilled to announce an impressive expansion plan that will undoubtedly delight food enthusiasts across the nation…
• Hops Haus Unveils a Unique Taproom Experience at Embassy One
  03 Aug 2023, restaurant.indianretailer.com
  This innovative venue offers a unique fusion of a dynamic co-working space and a retreat for indulging in delicious food, refreshing craft beers, and a blend of formal and relaxed atmospheres…
• The Burger Company Enters Nepal; Targets 10 Outlet in Next 2 Years
  03 Aug 2023, restaurant.indianretailer.com
  The brand is all set to establish 10 stores in Nepal over the next two years, with the first outlet grandly opening its doors in the lively capital city of Kathmandu…
• Ferrero Rocher Moments Unveils New Packs for Everyday Gifting and Sharing Delight
  03 Aug 2023, brandlicense.indianretailer.com
  The newly introduced packs draw inspiration from the premium essence and design elements of the Ferrero Rocher mother brand, featuring elegant gold-colored packaging and intricate patterns…
• How Maison D’ Auraine is Empowering Authentic Beauty through Science and Innovation
  03 Aug 2023, indianretailer.com
  Maison D’ Auraine, a conglomerate in the beauty and wellness industry, has redefined the concept of beauty by blending science and innovation. Established in 2014 by Arpit Jain, Maison D’ Auraine has quickly risen to become a dominant player in India’s premium luxury beauty segment…
• Luxury Ride Appoints Himanshu Arya as Co-Founder and CEO
  03 Aug 2023, indianretailer.com
  Luxury Ride, the ultimate destination for opulent pre-owned luxury cars, welcomes Himanshu Arya as its Co-Founder and CEO, marking a strategic move to transform into a tech-enabled automobile company. With his ingenious business planning acumen, Arya is set to reimagine the pre-owned luxury car ecosystem…
• Lavie Sport’s Anti-Theft Laptop Backpacks Secure Style With Fashion and Functionality
  03 Aug 2023, retail.economictimes.indiatimes.com
  The safety and security of personal belongings and tech products are always paramount considerations for individuals when purchasing a backpack. Alongside comfort features, the assurance of theft-proof quality is essential…
• KP Singh, two promoter entities offload DLF shares for Rs 1,087 crore
  02 Aug 2023, realty.economictimes.indiatimes.com
  Mallika Housing Company sold 60 lakh shares and Beverly Builders disposed of more than 10.99 lakh shares, amounting to 0.24 per cent and 0.04 per cent stake in DLF, respectively, as per the BSE data…
• Tata Cliq struggles as losses rise after exit from key categories
  02 Aug 2023, retail.economictimes.indiatimes.com
  In the filings to the Registrar of Companies (RoC) made on July 25, Tata UniStore attributed the drop in turnover to the platform’s exit from certain categories of electronics, and said the loss increased as it continued to invest in scaling up the business…
• PVR INOX logs Rs 81.6 crore net loss in Q1
  02 Aug 2023, retail.economictimes.indiatimes.com
  “As the appointed date for the PVR INOX merger was January 1, 2023; Q4 2022-23 & Q1 2023-24 results for the company are reported on a merged basis for PVR and INOX and are not comparable with Q1 2022-23,” PVR INOX said in an earnings statement…
• Emami expects ‘good growth’ in personal care, healthcare businesses
  02 Aug 2023, retail.economictimes.indiatimes.com
  The company stated that one of the key growth drivers in the FMCG sector is the large and growing population in India, which stands at 1.4 billion people. Recognising this immense potential market, Emami has undertaken significant projects to target both urban and rural consumers…
• No longer an urban trend, premiumisation has reached Bharat
  02 Aug 2023, retail.economictimes.indiatimes.com
  Nestle India Chairman & MD Suresh Narayanan told ET recently that small-town India too is moving from single packs to multi-packs and from multi-packs to premium brands. “If I can go to Gopiganj and find KitKat being picked up by the consumer by name, that tells me that the premiumisation brand journey has also arrived in those towns,” he said…
• Welspun India Q1 net profit jumps multi-fold to Rs 16.73 cr
  02 Aug 2023, retail.economictimes.indiatimes.com
  Welspun Group Chairman BK Goenka said: “In Q1 FY24 with sequentially higher margins, continuing the trend since last few quarters, delivering highest EBITDA margin in last seven quarters. It is also heartening to see the Flooring business post its highest revenues during the quarter.”…
• Metro Brands’ PAT drops 11.6% to Rs 93.50 in Q1 FY24
  02 Aug 2023, retail.economictimes.indiatimes.com
  However, Metro Brands’ total income increased to Rs 596.89 crore in Q1 FY24 as compared to Rs 517.23 crore in Q1 FY23, as per the BSE filing…
• Godrej Process Equipment Targets Doubling Green Hydrogen Share in India by FY29
  02 Aug 2023, indianretailer.com
  Godrej and Boyce, the flagship company of the Godrej Group, have announced their business unit, Godrej Process Equipment, aims to double its Process Equipment share in the Green Hydrogen space by FY29, aligning with the government’s push for more sustainable energy production…
• SkinQ Appoints Meera Iyer as CEO and Co-founder, Enhancing its Leadership Team
  02 Aug 2023, indianretailer.com
  SkinQ has announced the appointment of Meera Iyer as the new CEO and Co-founder. With over 17 years of leadership experience across FMCG, consumer internet businesses, and various verticals, Meera brings a wealth of expertise to drive the brand’s growth and profitability…
• Birdhichand Ghanshyamdas Shines with Exquisite Jewellery Collection at India Couture Week 2023
  02 Aug 2023, indianretailer.com
  Birdhichand Ghanshyamdas, the epitome of exquisite craftsmanship and heritage, dazzled the ramps of India Couture Week 2023 with its timeless collection of jewellery…
• Nivasa Unveils Exquisite Collection of Stylish Four-Poster Beds
  02 Aug 2023, indianretailer.com
  Nivasa proudly presents its latest collection of stylish four-poster beds. Blending old-world charm with contemporary design language, these beds promise to elevate the essence of any living space, showcasing a perfect amalgamation of artistry and functionality…
• Revolutionizing the Restaurant Industry: Role of Technology to Boost Restaurant Performance
  02 Aug 2023, irecwire.indianretailer.com
  Traditional paper menus have become outdated and interactive digital displays, allowing customers to browse through a visually appealing and user-friendly interface have gained preference and popularity…
• Khemani Group Introduces Indian Spice Rum named Kamanda
  02 Aug 2023, restaurant.indianretailer.com
  Rum is carefully crafted and infused with Ginseng and authentic Indian Spices, Kamanda offers a distinct and energizing experience for both rum connoisseurs and enthusiasts…
• Aditya Birla Group Expands its Hospitality Play; Acquires 100% Stake in KA Hospitality
  02 Aug 2023, restaurant.indianretailer.com
  With this acquisition, ABNAH, promoted by Aryaman Vikram Birla, has added seven restaurants to its portfolio across three cities…
• Papa Johns Appoints First-Ever SVP- Development as it Plans Expansion
  02 Aug 2023, restaurant.indianretailer.com
  Coelho joins Papa Johns with more than a decade of experience managing business functions ranging from finance and operations to real estate and franchise relations for global consumer brands…
• Myntra Partners with Starbucks to Offer Signature Merchandise on its Platform
  02 Aug 2023, brandlicense.indianretailer.com
  The presence of Starbucks on the platform will be a compelling addition to Myntra’s home offerings, which already include 100+ most-loved and renowned brands like Home Center, Fab India, Nestasia, and H&M…
• Encrustd Fashion Revolution Hits India Exclusively on AJIO
  02 Aug 2023, retail.economictimes.indiatimes.com
  Get ready to witness a fashion revolution like never before as Encrustd, the brainchild of renowned fashion guru Deepa Chikarmane, makes its exclusive debut on AJIO…
• Festive season, cricket world cup to boost overall sales: Xiaomi
  02 Aug 2023, retail.economictimes.indiatimes.com
  Xiaomi India president Muralikrishnan B said that while the market has been declining in volume terms for the past few quarters, there are positive green shoots that make the company views coming months with pragmatic positivity…
• Welspun India Q1 net profit jumps multi-fold to Rs 16.73 cr
  02 Aug 2023, retail.economictimes.indiatimes.com
  Welspun Group Chairman BK Goenka said: “In Q1 FY24 with sequentially higher margins, continuing the trend since last few quarters, delivering highest EBITDA margin in last seven quarters. It is also heartening to see the Flooring business post its highest revenues during the quarter.”…
• Bikaji Foods International’s net profit surges to Rs 41.4 crore in Q1 FY24
  02 Aug 2023, retail.economictimes.indiatimes.com
  Deepak Agarwal, managing director, Bikaji Foods International Limited, said: “We have started fiscal year FY24 with strong double-digit value, up 15% YoY and volume growth, up 15.2% YoY in Q1, the performance was broad-based across business segments and markets.”…
• Read my Lips! Offices open door to inflation in beauty products
  02 Aug 2023, retail.economictimes.indiatimes.com
  Return to office and a possible ‘lipstick effect’ might be contributing to higher inflation in beauty products and services. Prices of beauty products and services grew at 6.3% on average in the April-June period compared to 6.5% in FY23, according to official data…
• Home appliances brand Singer India appoints Rakesh Khanna as MD and VC
  02 Aug 2023, retail.economictimes.indiatimes.com
  The company is planning to revamp its product portfolio and strengthen its marketing and distribution. Founded in 1851, Singer India aims to tap into the potential of the Indian market…
• Oberoi Realty’s net profit dips 20% in Q1 FY24
  01 Aug 2023, retail.economictimes.indiatimes.com
  Oberoi Realty’s net consolidated total income stood at Rs 933.56 crore in Q1 FY24, a dip of 0.31 per cent from Rs 934.81 crore it recorded in the similar quarter last year…
• K Raheja Corp plans to consolidate residential business, NCLT okays demerger
  01 Aug 2023, retail.economictimes.indiatimes.com
  The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the demerger of K Raheja Group’s subsidiary K Raheja Corporate Services following the realty conglomerate’s application in order to access the capital markets through a listing of the same…
• Ecommerce firm Dealshare CEO Vineet Rao steps down
  01 Aug 2023, retail.economictimes.indiatimes.com
  The company said Rao would “work with the Board to help identify the right CEO to lead this mission. He will also continue to work with and advise the board in respect to the new leadership.”…
• ETRetailCafe: Honasa Consumer’s Varun and Ghazal Alagh on building a house of brands catering to every consumer’s BPC needs
  01 Aug 2023, retail.economictimes.indiatimes.com
  Varun and Ghazal Alagh share how starting their journey from a baby care brand to a BPC brand, they transformed Honasa Consumer into a house of brands. At present, under the Honasa Consumer umbrella, the power couple runs 6 brands namely, Mamaearth, The Derma Co, Aqualogica, BBlunt, Dr Sheth’s and Ayuga…
• Shalimar Paints to invest Rs 200 cr in R&D, product, and mfg expansion
  01 Aug 2023, retail.economictimes.indiatimes.com
  Shalimar Paints is revamping and setting up a new R&D facility in Nashik, with three times more space, facilities, and manpower. The R&D unit will be operational by September-October this year…
• Pernod Ricard’s Rs 400 cr Kanpur distillery to become operational in the coming year
  01 Aug 2023, retail.economictimes.indiatimes.com
  Pernod Ricard India’s chief commercial officer, Ranjeet Oak in an interaction with ETRetail said that the company will continue to invest Rs 200-300 crore on an annual basis in the Indian market…
• Amazon investors eye revenue, cloud growth and retail margins ahead of earnings
  01 Aug 2023, retail.economictimes.indiatimes.com
  Investors tuning into the company’s earnings call this week also want updates on the tech giant’s cloud business, ad revenue growth and signals on consumer health heading into the holidays as inflation continues to impact spending for corporations and consumers…
• New GST rules: What has changed for companies with more than ₹5 crore turnover from today?
  01 Aug 2023, livemint.com
  As per the GST guidelines, it will be mandatory for companies with a B2B transaction value of ₹5 crore, to produce an electronic invoice. Earlier, companies with an annual revenue of ₹10 crore or above were required to generate e-invoice…
• India’s premium smartphone segment grows 112% in Q2: Counterpoint
  01 Aug 2023, retail.economictimes.indiatimes.com
  “Though this decline was the fourth consecutive quarterly decline, its magnitude reduced significantly, from 19% in Q1 to 3% in Q2 of this year,” the research firm said…
• Premium mobile sales soar, but overall market declines
  01 Aug 2023, retail.economictimes.indiatimes.com
  The research firm said offline sales channels has been growing and is expected to rise to 54% in 2023, with online-heavy brands such as Xiaomi, Realme, and OnePlus now emphasising offline expansion. Omni-channel brands like Samsung and Apple are also increasing their offline presence to cater to a diverse consumer preferences…
• Home appliances brand Singer India appoints Rakesh Khanna as MD and VC
  01 Aug 2023, retail.economictimes.indiatimes.com
  The company is planning to revamp its product portfolio and strengthen its marketing and distribution. Founded in 1851, Singer India aims to tap into the potential of the Indian market…
• Retail India News: Dash Square Celebrates 10 Years of Transforming Living Spaces
  01 Aug 2023, indianretailer.com
  Dash Square, the renowned luxury furniture brand, joyously commemorates its 10th Year Anniversary, a decade of redefining living spaces with unparalleled elegance and sophistication. Founded by Amruth Sampige, Dash Square has emerged as a beacon of luxury and style, offering a curated collection of contemporary furniture that captivates the senses…
• Retail India News: Reliance Retail Unveils JioBook
  01 Aug 2023, indianretailer.com
  Reliance Retail introduces the highly anticipated JioBook, an innovative learning book designed to cater to all age groups. With its advanced JioOS operating system, stylish design, and always-connected features, JioBook promises to revolutionize the learning experience for every individual, be it attending online classes, learning to code, or exploring new ventures…
• Retail India News: Recykal Launches Circularity Marketplace to Source Recycled Packaging Materials
  01 Aug 2023, indianretailer.com
  Recykal, a technology leader in circularity and sustainability, is now making sourcing sustainable and eco-friendly packaging feasible for products. Building upon its established marketplace for post-consumer and Ocean bound packaging waste, Recykal introduces the ‘Circularity Marketplace,’ a cutting-edge sourcing engine connecting buyers with reliable and ethically sourced GST-compliant suppliers of recycled materials, catering to small to large volume requirements…
• Retail India News: DCC Animal Hospital and HUFT Join Forces, Opens Store in Noida
  01 Aug 2023, indianretailer.com
  DCC Animal Hospital, a renowned name in the Global Veterinary Industry, and Heads Up For Tails (HUFT), a prominent pet store and spa chain, have forged a strategic partnership, heralding an exciting new chapter for both brands in retail India. Together, they are all set to revolutionize the pet care experience in Noida and beyond…
• Retail India News: Lone Wolf Expands Beer Portfolio, Set to Launch Alpha and Mavrick Variants
  01 Aug 2023, indianretailer.com
  Lone Wolf, renowned for its trailblazing spirit and commitment to defying norms, is gearing up to introduce a range of beers that promise to captivate the senses and inspire a sense of adventure…
• Retail India News: Jaypore Expands Product Portfolio with ‘Himali’ Serve Ware Collection
  01 Aug 2023, indianretailer.com
  Aditya Birla Fashion and Retail Limited’s (ABFRL) artisanal lifestyle brand, Jaypore, proudly presents its latest masterpiece, the captivating ‘Himali’ serve ware collection…
• FMCG Takes Tech Steps
  01 Aug 2023, irecwire.indianretailer.com
  Tech, especially automation, adoption has become a necessary norm to survive increasingly competitive omnichannel trade. Retail behemoths are currently riding the “digital wave.” The pre-pandemic start-ups, who relied on technology to reach consumers more effectively and quickly, undoubtedly paved the way for omnichannel disruption….
• Uncle Peter’s Pancakes Opens New Outlet in Bengaluru; Targets 200 Stores in 3 Years
  01 Aug 2023, restaurant.indianretailer.com
  Fuelled by a deep-rooted desire to bring the joy of pancakes to every Indian home, Uncle Peter’s Pancakes is on a rapid growth trajectory, with a vision to establish over 200 stores across India within the next three years…
• How Maate is Empowering Parents with Ayurvedic Baby Care Solutions
  01 Aug 2023, indianretailer.com
  In 2019, Priyanka Chaudhary Raina, a mother of two, embarked on a mission to create a brand that mothers could trust for safe and dependable baby care products. Her personal experience as a mother ignited the passion to raise awareness for mother and child care, and thus, Maate was born…
• India regulator seeks curbs to limit retail investors’ derivatives risk
  31 July 2023, reuters.com
  India’s market regulator, seeking to reduce risks for retail investors, will propose linking the amount of equity derivatives they may trade to their wealth, two people with direct knowledge of the matter said…
• Sunday Design Expands Offline Presence with New Experiential Centers
  31 July 2023, indianretailer.com
  Sunday Design, a rapidly growing luxury furniture and home decor brand, is bringing uniquely inspired contemporary luxury designs to modern living spaces in India and around the world. Collaborating with celebrated international designers, the brand creates relevant products that are ergonomic, future-proof, and display high growth potential…
• Masses are coming: A growing challenge threatens India’s big FMCG companies
  31 July 2023, retail.economictimes.indiatimes.com
  Local brands in India are growing faster than national brands in the fast-moving consumer goods (FMCG) sector due to a slowdown in inflation. India’s consumer demographics are also shifting, driving growth in the sector. A recent Redseer survey revealed a large proportion of Indian consumers are willing to buy unbranded products. The “mass” class, which is set to underpin India’s retail industry, focuses on value for money, and is increasingly purchasing online…
• Meesho targets ₹10,000 crore revenue by 2025 with new user acquisition and non-apparel growth
  31 July 2023, thehindubusinessline.com
  SoftBank-backed e-commerce major Meesho will intensify its focus on key growth drivers, particularly on acquiring new users and enhancing its value proposition in the non-apparel segment. According to a top company executive, these strategic measures aim to achieve an ambitious revenue target of over Rs. 10,000 crore by FY 2025…
• United Breweries Q1 net profit dips 16 pc to Rs 136.34 cr, sales at Rs 5,243 cr
  31 July 2023, retail.economictimes.indiatimes.com
  UBL’s revenue from operations was almost flat to Rs 5,243.01 crore during the quarter under review. It stood at Rs 5,196.08 crore in the corresponding period of FY22…
• Retail firms score big as cricket is back with a bang after Covid
  31 July 2023, retail.economictimes.indiatimes.com
  The Indian Premier League (IPL) cricket tournament has had a positive impact on some Indian companies – United Spirits, Reliance Retail, Jubilant Foodworks and Indian Hotels have all reported a surge in sales or are forecasting a significant spike due to the tourney. TV sales have soared for some and pizza sales have increased due to consumption whilst watching games. ..
• Hermes profits shine on ‘exceptional’ Asian sales
  31 July 2023, retail.economictimes.indiatimes.com
  The maker of leather goods, silk scarves and jewellery said net profit reached 2.2 billion euros ($2.4 billion) between January and June, up 36 percent from the same period last year…
• Richemont buys majority stake in Italian luxury shoemaker Gianvito Rossi
  31 July 2023, retail.economictimes.indiatimes.com
  Richemont, which owns Cartier and various other luxury brands, said the transaction had no material financial impact on its consolidated net assets or operating result for the year ending March 31, 2024…
• trueBrowns Expands Product Portfolio with ‘Tarang’
  31 July 2023, indianretailer.com
  With the anticipation of the joyous and festive season drawing near, trueBrowns, a homegrown urban ethnic lifestyle brand in India that celebrates the fusion of Indian heritage and modern sophistication, is thrilled to introduce its stunning pre-festive edit, Tarang…
• The Better Collective Unveils Earth Ritual
  31 July 2023, indianretailer.com
  Mumbai-based strategic brand consultancy, The Better Collective, has successfully launched India’s newest luxury bath and body care brand – Earth Ritual, employing a mood-based positioning and product bundling go-to-market (GTM) strategy…
• How Twamev is Set to Revolutionize the Ethnic Wear Market
  31 July 2023, indianretailer.com
  Twamev, a brand that epitomizes class, elegance, and character, has carved its niche in the luxury ethnic wear market in India. Born out of a passion to celebrate individuality and provide a platform for self-expression, Twamev offers exclusive and opulent ethnic attire that resonates with fashion-conscious individuals seeking sophistication and grace…
• BROOKFIELD INDIA REAL ESTATE TRUST LAUNCHES RS 1,500 CR QIP
  29 July 2023, retail.economictimes.indiatimes.com
  Brookfield India Real Estate Trust (BIRET) launched its qualified institutional placement (QIP) issue to raise Rs 1,500 crore…
• RAYMOND REALTY LAUNCHES ITS FOURTH PROJECT IN THANE
  29 July 2023, rprealtyplus.com
  Raymond Realty, the real estate arm of Raymond has expanded its presence in Thane market with the launch of its fourth project Address by GS 2.0. Having received unprecedented success in its first three projects, the launch of The Address by GS 2.0 showcases the soaring popularity of Raymond Realty as real estate developer in the MMR region…
• Food inflation here to stay, but demand to drive India story: Suresh Narayanan, chairman Nestle India
  29 July 2023, retail.economictimes.indiatimes.com
  The maker of Maggi noodles is investing ₹4,200 crore in the three-year period between 2023 and 2025 on manufacturing and capacity building, as it sees “fairly robust” demand in the coming years. “A good part of this investment support is from the Swiss parent firm Nestle SA,” Narayanan said…
• Swiggy integrates morning delivery service InsanelyGood with main app
  29 July 2023, retail.economictimes.indiatimes.com
  ​​The service is intended to be operated only in Bengaluru for the foreseeable future, a person aware of the matter said…
• Marico’s net profit rises 15.6% to Rs 436 crore in Q1 FY24
  29 July 2023, retail.economictimes.indiatimes.com
  However, Marico’s total income slightly declined to Rs ​​2,523 crore in Q1 FY24 as compared to Rs 2,575 crore in Q1 FY23…
• Apparel Group launches the Canadian premium lingerie brand la Vie en Rose in India
  29 July 2023, retail.economictimes.indiatimes.com
  The store, spanning across 1,000 sq.ft, offers products in categories like lingerie, sleepwear, and swimwear…
• Sirona Hygiene plans to be a Rs 500 crore brand in the next 3 years
  29 July 2023, retail.economictimes.indiatimes.com
  ​The target of the brand is to reach 7 million customers in the next 5 years. At present, it has a million transacting customers. It experiences a repeat rate of 56 per cent…
• IndSmall is the new big: Local FMCG brands ahead in race with giants
  29 July 2023, retail.economictimes.indiatimes.com
  Local Fast Moving Consumer Goods (FMCG) Brands in India are growing at a faster pace than large-scale brands across all categories with volumes rising to 28% in the moving annual total (MAT) of April 2023, according to a Kantar report. However, during inflation, local brands are unable to cope with pricing pressures and grow at a slower rate while national brands usually become consumers’ “go-to” choice…
• ETEComSummit | Building a sustainable D2C business model
  29 July 2023, retail.economictimes.indiatimes.com
  The second-panel discussion, in our lead-up to the ETEcomSummit, has Charu Lamba, Senior Assistant Editor, ETRetail in conversation with Chirag Gupta, Founder, 4700 BC, Ankur Bhatia, Founder, Jimmy’s Cocktails and Deepak Gupta, Co-Founder & COO, Bombay Shaving Company…
• Nestlé to raise chocolate, coffee capacities in India
  29 July 2023, livemint.com
  Nestlé India Ltd will invest ₹4,200 crore by 2025 to expand the manufacturing capacity of its noodles, coffee and chocolates portfolio, the packaged foods company’s India chief said, as it spots opportunities in selling both mass and premium products in the country…
• United Breweries Q1: Kingfisher beer maker’s net profit down 16% to ₹136 crore on high excise duty, revenue down 6%
  29 July 2023, livemint.com
  Beer maker United Breweries announced its April-June quarter results for fiscal 2023-24 (Q1FY24), reporting a decline of around 16 per cent in consolidated net profit at ₹136 crore, compared to ₹161.8 crore in the corresponding period last year. Overall profit was dragged by higher excise duty and company costs during the quarter-under-review…
• LT Foods’ Q1 profit surges on higher prices
  29 July 2023, retail.economictimes.indiatimes.com
  The rice producer’s consolidated profit rose to 1.37 billion rupees ($16.7 million) in the quarter ended June 30, from 896.9 million rupees, a year earlier…
• McDonald’s India franchisee Westlife’s profit misses as costs mount
  29 July 2023, retail.economictimes.indiatimes.com
  The franchisee for the U.S. fast-food chain said consolidated net profit after tax rose to 288.3 million rupees ($3.52 million) for the quarter through June from 235.8 million rupees a year earlier…
• P&G beats quarterly sales estimates on resilient demand, higher pricing
  29 July 2023, retail.economictimes.indiatimes.com
  P&G’s better-than-expected results, like those of Unilever and Nestle, show that major global consumer product and food makers managed to raise their product prices enough to offset recent increases in their transportation, commodity and labor costs…
• Bira 91 launches its first Taproom at DLF CyberHub, Gurugram
  29 July 2023, retail.economictimes.indiatimes.com
  The Taproom will also have the first-ever offline Bira 91 Merch Store showcasing some of the most-loved merch from the brand…
• India’s Arvind Q1 profit drops as denim revenue falls
  29 July 2023, retail.economictimes.indiatimes.com
  Indian home textile and apparel exporters expect demand to remain muted in the first half of the financial year 2024 on account of excess inventory liquidation, JM Financial analysts had said in June…
• Zara owner Inditex says it will stop buying clothes from Myanmar
  29 July 2023, retail.economictimes.indiatimes.com
  Inditex did not give a timeline for its exit. It does not publish a list of suppliers, so it was not immediately clear how many factories in Myanmar are supplying the fast-fashion giant…
• MAX Fashion opens its largest store in India, to roll out 100 more stores in the coming year
  29 July 2023, apparelresources.com
  MAX Fashion strengthens it retail presence in the southern part of India with its largest store opening in Kochi, Kerala housing the latest collection specially designed for the young generation. The new store covers a landscape of 25,000 sq.ft. making it the largest in India…
• Retail India News: Barista Coffee Expands Offline Presence in Uttarakhand
  29 July 2023, indianretailer.com
  Barista Coffee, the leading coffee chain in India, is thrilled to announce the grand opening of its newest outlet in Tapovan, Rishikesh, Uttarakhand. Situated at Lemon Tree Premier on Badrinath Road, the newly launched two-storey retail store marks the company’s fourth establishment in the picturesque state of Uttarakhand…
• Retail India News: Sunday Design Expands Offline Presence with New Experiential Centers
  29 July 2023, indianretailer.com
  Sunday Design, a rapidly growing luxury furniture and home decor brand, is bringing uniquely inspired contemporary luxury designs to modern living spaces in India and around the world. Collaborating with celebrated international designers, the brand creates relevant products that are ergonomic, future-proof, and display high growth potential…
• Retail India News: Heads Up For Tails Marks the Inauguration of 25th Store in Delhi NCR
  29 July 2023, indianretailer.com
  Heads Up For Tails achieves a momentous milestone in its retail expansion journey with the grand opening of its 25th store in Delhi NCR. This latest addition elevates the brand’s presence to an impressive 83 stores across India, serving over a million pet parents nationwide…
• Retail India News: Cantabil Expands Offline Presence with a New Store in UP
  29 July 2023, indianretailer.com
  Cantabil Retail India Ltd has announced the opening of its new retail store in Azamgarh, Uttar Pradesh. Spanning an area of 2500 sqft., the store is located at Shop No – Plot No 976 Agrasen Chauraha, Civil Lines, Azamgarh – 276001…
• Retail India News: STIM Oral Care Unveils ‘Hoppy Kids’ Toothbrush
  29 July 2023, indianretailer.com
  STIM Oral Care, a leading provider of oral hygiene products in India, is excited to announce the launch of its newest addition to the product lineup – “Hoppy Kids,” a specially designed toothbrush for children aged 3 to 10 years…
• The Rise of ‘Foodtainment’: How Food and Entertainment has become one
  29 July 2023, irecwire.indianretailer.com
  Foodtainment experiences, with their visual appeal and interactive elements, provide shareable moments that can generate online buzz and attract a broader audience…
• Retail India News: Mеolaa India’s Purpose-Driven Markеtplacе for Millennial and Gen Z Shoppers
  29 July 2023, retail.economictimes.indiatimes.com
  Introducing Mеolaa, an Indian-based markеtplacе with a mission to transform thе е-commеrcе landscapе through conscious consumеrism. With a divеrsе collеction of ovеr 650 brands and 50,000 products, Mеolaa curatеs a sеlеction spеcially dеsignеd to suit thе tastеs of Millennial and Gеn Z shoppеrs, whilе maintaining a focus on sustainability, gеndеr-fluidity, and sizе-inclusivity…
• Interview: Amazon India’s Manish Tiwary
  28 July 2023, retail.economictimes.indiatimes.com
  Rise of India’s Digital Economy: Amazon India’s top boss Manish Tiwary shares his thoughts on the e-commerce giant’s decade-long journey in India, the changing face of e-commerce, and the future of digital retail. Interview by – Pallavi Goel…
• Service charge rule: Delhi high court slaps Rs 2 lakh fine on two restaurant associations
  28 July 2023, retail.economictimes.indiatimes.com
  In her order on Monday, Justice Prathiba M Singh had directed that that the costs shall be paid to the department of consumer affairs…
• Nestle India Q2 Results: Net profit jumps 37% YoY to Rs 698 crore
  28 July 2023, retail.economictimes.indiatimes.com
  Total sales for the said quarter stood at Rs 4,619.5 crore and were up 15% YoY. Domestic sales grew by 14.6% between April and June.​​..
• Cantabil Retail invests Rs 5 crore to foray into footwear and athleisure category
  28 July 2023, retail.economictimes.indiatimes.com
  Apart from this, the brand is also planning to open 12 EBOs offering exclusively women’s and kids’ apparel and accessories…
• Parle continues to be India’s top FMCG brand at home, Britannia leads the ranking for out of home consumption
  28 July 2023, retail.economictimes.indiatimes.com
  During FY22, Parle Products, which retails brands including Parle G, Monaco and Melody, crossed $2 billion in annual revenues, becoming the first packaged food company in India to breach the mark…
• Sony India aims 40% growth in audio business in FY24
  28 July 2023, retail.economictimes.indiatimes.com
  Sony India plans a 40% YoY growth in its audio business, fuelled by rising demand for high-end headphones, soundbars and earphones-and-headphones in the personal audio products categories. The company receives around 20% of its sales revenue from audio and expects its contribution to rise with the premium market in the segment growing at a high rate, the managing director said…
• Amazon India announces first-ever floating store on Srinagar’s Dal Lake
  28 July 2023, retail.economictimes.indiatimes.com
  Amazon Logistics, India, Director Karuna Shankar Pande said this will provide faster and reliable deliveries to customers across Srinagar, opportunities for small businesses and strengthen Amazon’s delivery network…
• Westlife Foodworld Q1 Results: McDonald’s India franchisee reports net profit at ₹288 crore, declares dividend
  28 July 2023, livemint.com
  Westlife Foodworld announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 27, reporting a consolidated net profit of ₹288.3 crore, compared to ₹235.7 crore in the corresponding period last year…
• Myntra’s premium ethnic wear business growth doubles; metros and tier-1 cities emerge major contributors
  28 July 2023, retail.economictimes.indiatimes.com
  Myntra has witnessed a doubled growth in its premium ethnic wear category, largely driven by metros and Tier-1 cities in India. The brand offers more than 3.85 lakh styles from over 1000 brands in the category that starts at Rs 2,500. Women’s ethnic wear is showing tremendous potential by becoming one of the most popular categories amongst shoppers and is projected to touch $24 billion by 2025, according to industry reports…
• Virtual restaurant operator Dil Foods raises $2 mn
  28 July 2023, retail.economictimes.indiatimes.com
  Talking to ETRetail, Arpita Aditi, CEO and founder of Dil Foods said shared that the company plans to use the funds for standardizing its supply chain and launch six new brands in the current financial year. Additionally, the restaurant operator plans to invest funds in enhancing the supply chain and data analytics and towards R&D for improving the shared life of the brands’ products…
• Nuclear families, urban rush to boost retail sales
  28 July 2023, retail.economictimes.indiatimes.com
  CEOs from leading FMCG companies told TOI they expect the emergence of nuclear families to boost demand for products and also push sales of premium categories like liquid detergents…
• Discretionary demand on the mend in June-July; cos see full recovery in second half of fiscal year
  28 July 2023, retail.economictimes.indiatimes.com
  Companies in India’s discretionary consumption sectors, including electronics and retail, have reported a recovery in sales volumes since June on a year-on-year basis, which further improved in July. This could be attributed to eased inflation and a stronger manufacturing industry since April and May…
• Malls coming up exclusively to house factory outlets
  28 July 2023, economictimes.indiatimes.com
  At least half a dozen factory outlet malls are being planned in India, like in the US and UK, as developers of retail facilities attempt to fight ecommerce rivals in a market increasingly driven by deep discounting…
• Rymbal Launches “RymaSoft” for Enhanced Comfort in Footwear
  28 July 2023, indianretailer.com
  Rymbal, a leading B2B player in the footwear industry in India, introduces its latest product, “RymaSoft,” an innovative polyether-based polyurethane system catering to the evolving trends in the footwear sector, particularly focusing on providing superior comfort for outsoles…
• Akshayakalpa Organic Expands Offline Presence in 42 Cities Across the Country
  28 July 2023, indianretailer.com
  Akshayakalpa Organic has taken a significant stride in the Indian dairy sector. With an impressive 13-year journey of providing clean and nutritious dairy, Akshayakalpa is now expanding its market reach to 42 cities across Karnataka, Tamil Nadu, Telangana, Andhra Pradesh, Maharashtra, and Kerala with its all-new Ultra High Temperature (UHT) milk pack…
• Mondelez India Invests Rs 1600 cr to Expand Chocolate Manufacturing Plant
  28 July 2023, indianretailer.com
  Mondelez India, a renowned retail company with popular brands like Cadbury Dairy Milk, Oreo, Bournvita, among others, recently organized a virtual groundbreaking ceremony for the expansion of its manufacturing plant at Sri City, Andhra Pradesh. The investment of Rs 1600 crore aims to meet the increasing demand for chocolates in India…
• Rare Beauty Unveils Empowering Fall Line Exclusively with Sephora
  28 July 2023, indianretailer.com
  Rare Beauty by Selena Gomez, the pioneering beauty brand celebrated for its inclusive and cutting-edge products, is set to unveil its highly-anticipated Fall line exclusively with Sephora in India, accessible online only on NNNOW.com…
• Ajio’s Street Smart Growth Story
  28 July 2023, irecwire.indianretailer.com
  How the omnichannel strategy of Reliance’s Ajio paved way for its rapid expansion in just 7 years!..
• Truefitt & Hill on Grooming Indian Men to Perfection
  28 July 2023, indianretailer.com
  Save the influencers, celebrities, and those who were always conscious about their appearances, male grooming was almost an oxymoron in India. Beauty, wellness, and grooming were dominated by women clientele, while a lot of hygienic and health concerns for men stayed unattended…
• Tanishq’s ‘Tales of Mystique’: A Journey into Rajasthan’s Architectural Beauty
  28 July 2023, retail.economictimes.indiatimes.com
  Tanishq, India’s largest jewelry retail brand under the Tata group, hosted a mesmerizing event titled ‘Tales of Mystique’ to unveil their extraordinary collection of rare diamonds and colored gemstones…
• How Plum Aims to Achieve Rs 500-Cr Mark by FY24
  28 July 2023, indianretailer.com
  In FY23, Plum, a vegan beauty and personal care brand, has achieved remarkable growth, nearly doubling its performance compared to FY22. Looking ahead, it has ambitious plans for the current year, aiming to achieve a growth rate of at least 70 percent, considering the expanded base it now has…
• QIA looks to put $1 bn in Reliance Retail at $100 bn valuation
  27 July 2023, retail.economictimes.indiatimes.com
  Reliance Industries, owns 85 per cent of Reliance Retail Ventures, went through a fund raising spree in the middle of Covid to deverage its balance sheet that had ballooned to $20 billion on the back of its spending on its Jio mobile network, but raised over Rs 3.24 lakh crore from asset monestisation, PE funds and Gulf SWFs and followed it up with a $7bn rights issue to clear all its debts…
• Marico to acquire majority stake in The Plant Fix- Plix for Rs 369 crore
  27 July 2023, retail.economictimes.indiatimes.com
  As part of the transaction, the company has acquired 32.75% stake in Satiya Nutraceuticals on a fully diluted basis and requisite majority control over its board composition and total voting rights. Accordingly, it has become a subsidiary of the company and the acquisition of remaining stake of 25.25% on a fully diluted basis will be completed in tranches by May 2025, subject to terms and conditions of the definitive agreements…
• India business adversely impacted by unseasonal rains: Coca-Cola
  27 July 2023, retail.economictimes.indiatimes.com
  The April-June quarter is the single largest contributor to annual sales of beverage companies, contributing to close to 40% of annual sales. Unseasonal rains this year impacted sales of summer categories such as cold beverages and ice-cream…
• Tata Consumer Products Q1 net profit rises 30% to Rs 358.57 crore
  27 July 2023, retail.economictimes.indiatimes.com
  The company had posted a net profit of Rs 276.51 crore in the April-June quarter a year ago, TCPL, earlier known as Tata Global Beverages Ltd, said in a BSE filing…
• Asian Paints expects Q2 and Q3 to be good on an absolute level: Amit Syngle
  27 July 2023, retail.economictimes.indiatimes.com
  Asian Paints saw equal growth in T1, T2 and T3, T4 cities, according to Amit Syngal, CEO. The projects division has done particularly well, with B2B customers, builders, factories and government spending showing strong signs of recovery. A good performance in the industrial sector was also reported. Syngal also said that, buoyed by a longer season and strong monsoons, Q2 and Q3 looked good…
• ‘Mass’ consumers with income between Rs 2.5-10 lakh to be growth engine for eCommerce market: Report
  27 July 2023, retail.economictimes.indiatimes.com
  This segment of ‘mass’ consumers is projected to drive ~US$ 1.3 trillion in the overall Indian retail market and nearly 45% of the $300 billion eCommerce opportunity in India by 2030…
• Nutrition brand Herbalife records USD 677 mn sales in India in CY 2022
  27 July 2023, retail.economictimes.indiatimes.com
  Over the last three years, the nutrition company claims to have reported double-digit growth. The net sales for the brand in India stood at USD 677.1 million for the year ended December 31, 2022, while overall Herbalife recorded USD 5204.4 million sales…
• Edible oil brand Sunpure forays into Mustard oil segment, eyes Rs 25 cr revenue
  27 July 2023, retail.economictimes.indiatimes.com
  During FY 2022-23, Sunpure reported a 15 per cent growth and expanded its operations across Karnataka, Maharashtra, Kerala, Andhra Pradesh, Telangana, Goa, and Tamil Nadu…
• UK pushes for bottling of whisky in third country
  27 July 2023, livemint.com
  British officials negotiating a free trade agreement (FTA) are advocating bottling their whisky ‘in transit’ in a third country for reasons related to cost, logistics, and ‘premium-ness’ of the products, a person aware of the development said…
• Consumer durable brand NU appoints Jyotirmoy Ghosal as CBO
  27 July 2023, retail.economictimes.indiatimes.com
  In his new role, Ghosal will lead the company to revolutionize the way consumers experience technology and elevate the standards of affordable appliances…
• Embassy Office Parks REIT’s net profit up 30.87% in Q1 FY24
  27 July 2023, retail.economictimes.indiatimes.com
  Embassy Office Parks REIT’s net operating income grew by 9% year-on-year to Rs 738 crore. The board approved the raising of debt up to an aggregate amount of Rs 16,000 million…
• Retail India News: Milap Cosmetics Reveals New Logo Embodying Beauty and Empowerment
  27 July 2023, indianretailer.com
  Milap Cosmetics is elated to announce the unveiling of its new logo, symbolizing the company’s unwavering commitment to beauty, empowerment, and a fresh chapter in its journey…
• Retail India News: Callaway Golf India Opens First Golf Fitting Center in Bengaluru
  27 July 2023, indianretailer.com
  Callaway Golf India Pvt. Ltd. takes the golfing experience in India to new heights with the launch of the country’s first Golf Fitting Center at the prestigious Karnataka Golf Association (KGA) in Bengaluru…
• Retail India News: Qatar’s Sovereign Wealth Fund Eyes $1 bn Minority Stake in Reliance Retail
  27 July 2023, indianretailer.com
  Billionaire Mukesh Ambani’s retail arm, Reliance Retail Ventures, may soon have another minority stakeholder as Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar, is currently in talks to invest in the company, according to a report…
• Stone Art Unveils Enchanting Collection of Outdoor Furniture and Space
  27 July 2023, indianretailer.com
  With a rich history spanning over 150 years, Stone Art has become synonymous with exquisite stone creations for gardens, parks, and landscape design. Not only does the brand keep the traditional Rajasthani art of stone carving alive in an urban context, but it also brings a curated selection of international products to enhance outdoor decor in the Indian market…
• Sunpure Expands Product Portfolio with Chemical-Free Sunpure Mustard Oil
  27 July 2023, indianretailer.com
  Sunpure, South India’s largest edible oil brand, has exciting news to share as it announces the addition of Sunpure Mustard Oil to its product lineup. This physically pressed oil is chemical-free and processed at low temperatures to preserve its natural nutritional and antioxidant properties…
• Laqshya Media Group Joins Forces with Wipro Consumer Care and Lighting, Unveils Chandrika
  27 July 2023, indianretailer.com
  Laqshya Media Group, a leading player in Out of Home (OOH) advertising in India, proudly announces the successful Maharashtra launch campaign for Chandrika, the iconic handmade Ayurvedic soap with over 80 years of legacy from the esteemed house of Wipro Consumer Care and Lighting…
• Financial Traps and Uncertainties: The Plight of Small-Scale F&B Businesses in India
  27 July 2023, irecwire.indianretailer.com
  In recent years, the Indian food and beverage industry has experienced a roller-coaster ride, especially for mid-scale restaurants with investments ranging from 5 lac to 25 lac…
• Chef Anuraag Narsingani Appointed as Director of Culinary at JW Marriott New Delhi Aerocity
  27 July 2023, restaurant.indianretailer.com
  His commitment to responsible and sustainable sourcing serves as the foundation of his culinary operations, while his core values of empathy, product consciousness, and responsibility further enrich his approach…
• Radiohead Brands Raises $1.3 MN from Prath Ventures, Vijay Shekhar Sharma & Others
  27 July 2023, retail.economictimes.indiatimes.com
  Gurgaon based startup, Radiohead Brands, makers of the category leading brand Jimmy’s® has announced its transformation into a multi-beverage brands company, broadening its offerings beyond Jimmy’s® Cocktails and Sparkling Mixers…
• Subway Sees 10 Consecutive Quarters of Positive Sales Driven by Menu Innovation, Modernisation of Restaurants
  27 July 2023, retail.economictimes.indiatimes.com
  The brand saw 9.8% increase in same-store sales and 11.1% increase in digital sales as compared to the last year…
• Melt Bake House Unveils New Outlet at Basant Lok Market, Vasant Vihar
  27 July 2023, restaurant.indianretailer.com
  The menu at Melt Bake House showcases a select range of offerings, including their signature thick, chunky, and center-filled New York style cookies, layer cakes, cupcakes, stuffed croissant buns, and Detroit style pizza slices…
• NU Appoints Jyotirmoy Ghosal as CBO
  27 July 2023, indianretailer.com
  New age consumer durable brand NU has exciting news to share as it announces the appointment of Jyotirmoy Ghosal as its new Chief Business Officer. Ghosal, known for his expertise in the consumer electronics industry, has successfully steered the business for OnePlus and made significant contributions to the growth of Samsung India before that…
• Mindspace Business Parks REIT’s net profit up 6.62% in Q1 FY24
  26 July 2023, retail.economictimes.indiatimes.com
  Mindspace Business Parks REIT’s net operating income (NOI) grew 13.8% year-on-year in Q1 FY24 and stood at Rs 4,570 million. The board of directors approved distribution of 4.80 per unit aggregating to Rs. 2846 million…
• RETAIL LEASING WITNESSED 24% Y-O-Y GROWTH IN JAN-JUNE’23
  26 July 2023, rprealtyplus.com
  According to the CBRE report, retail leasing witnessed a 24% Y-o-Y growth in Jan-June’23 period and a 15% increase compared to Jul-Dec’22 period. Total leasing during Jan-Jun’23 stood at 2.87 mn. sq. ft. compared to 2.31 mn. sq. ft. (Y-o-Y)…
• Nuclear families, urban rush to boost retail sales
  26 July 2023, timesofindia.indiatimes.com
  India is expected to be the world’s third-largest consumer market by 2030, trailing behind China and the US, with 65% of the country’s population remaining the key consuming cohort of 15-59 years…
• Retail India News: India’s Technical Textile Sector Shows Robust Growth and Aims for a $40-50 Billion Market in 5 Years
  26 July 2023, indianretailer.com
  Rachna Shah, Secretary, Ministry of Textiles, Government of India, highlighted the remarkable growth of the technical textile segment within the textile sector, both in the international and domestic markets…
• Qatar’s QIA in talks for minority stake in India’s Reliance Retail – FT
  26 July 2023, marketscreener.com
  Qatar’s sovereign wealth fund is in talks to buy a minority stake in the retail arm of Indian billionaire Mukesh Ambani-led conglomerate Reliance Industries , the Financial Times reported on Wednesday…
• Retail India News: NETGEAR Elevates Marthesh Nagendra to Sales Director for MENA, and SAARC Regions
  26 July 2023, indianretailer.com
  NETGEAR, a prominent global provider of networking products and solutions in the retail industry, is delighted to announce the promotion of Marthesh Nagendra to the esteemed position of Sales Director, responsible for India, MENA, and SAARC regions…
• Retail India News: Emery Studio Introduces Barovier and Toso’s Taif Chandelier
  26 July 2023, indianretailer.com
  Founded in 1295, Barovier and Toso is renowned for its exquisite and unique Venetian mouth-blown crystal creations, handcrafted by skilled artisans in Murano, carrying forward an age-old tradition. Angelo Barovier’s groundbreaking formula resulted in an unprecedented material with remarkable transparency and brightness…
• Retail India News: Trunativ Partners with Frozen Bottle to Offer Healthy High-Protein Milkshakes
  26 July 2023, indianretailer.com
  Trunativ, a prominent wellness brand in the retail industry, has teamed up with Frozen Bottle, a popular milkshake brand, to introduce a healthy milkshake offering. The collaboration aims to provide an indulgent yet nutritious option for the audience…
• Retail India News: OZiva Reveals Promising Results of Clinical Study on Plant-Based Collagen Builder
  26 July 2023, indianretailer.com
  OZiva, the foremost certified clean and plant-based holistic wellness brand in India, has recently disclosed the positive outcomes of its clinical study focusing on CollabZen, the active plant-based ingredient in OZiva Collagen Builder…
• Feasting on Secrets: Unearthing the Truth Behind the Food We Consume!
  26 July 2023, indianretailer.com
  In an era of increasing consumer awareness and demand for sustainable and ethical food practices, traceability plays a crucial role in establishing trust and transparency throughout the food supply chain…
• Milap Cosmetics Reveals New Logo Embodying Beauty and Empowerment
  26 July 2023, indianretailer.com
  Milap Cosmetics is elated to announce the unveiling of its new logo, symbolizing the company’s unwavering commitment to beauty, empowerment, and a fresh chapter in its journey…
• IndiaRetail India News: Anveya Expands Product Portfolio with Colorisma
  26 July 2023, indianretailer.com
  Anveya has introduced Colorisma Semi-Permanent Hair Colors – a groundbreaking range featuring India’s first no damage, healing hair colors equipped with revolutionary 3rd Generation Bond Building Technology, Hyaplex. This cutting-edge technology ensures that hair is repaired from the inside out during the coloring process…
• Financial Traps and Uncertainties: The Plight of Small-Scale F&B Businesses in India
  26 July 2023, irecwire.indianretailer.com
  In recent years, the Indian food and beverage industry has experienced a roller-coaster ride, especially for mid-scale restaurants with investments ranging from 5 lac to 25 lac…
• Jubilant FoodWorks Announces Q1 Result; Revenue up by 5.6%; EBITDA margin at 21.1%
  26 July 2023, restaurant.indianretailer.com
  The Company opened 30 new stores in India, resulting in a network of 1,891 stores across all brands. With the addition of 23 new stores and entry in one new city…
• Hyatt Regency Pune Relaunches ‘The Lotus Deck’
  26 July 2023, restaurant.indianretailer.com
  Under the expert guidance of Chef Faisal Qureshi, the last descendant of the royal family of Awadh, The Lotus Deck showcases the true essence of Awadhi and Mughlai delicacies…
• Rajeev Kumar Joins Courtyard by Marriott Bengaluru Hebbal as Executive Chef
  26 July 2023, restaurant.indianretailer.com
  Rajeev has an impressive culinary experience spanning more than 12 years and a proven history of delivering exceptional service Courtyard by Marriott Bengaluru Hebbal has announced Rajeev Kumar as their latest Executive Chef…
• Steadfast Nutrition Expands Portfolio with Exciting New Supplements
  26 July 2023, brandlicense.indianretailer.com
  As India’s fitness industry thrives with over 1000 nutraceutical and fitness brands showcased at the IHFF, Steadfast Nutrition stands at the forefront, empowering individuals to achieve their fitness goals…
• GIOIA Unveils an Exquisite Collection of Timeless Men’s Accessories in Luxury Leather
  26 July 2023, brandlicense.indianretailer.com
  With a focus on contemporary lifestyle needs, GIOIA has established itself as a master creator of unique leather accessories that withstand the test of time…
• Retail India News: Cult.Sport Partners with GoKwik to Expand Cash-on-Delivery Serviceability
  26 July 2023, indianretailer.com
  Cult.Sport, a sports-first D2C brand, has joined forces with GoKwik, a leading e-commerce enabler, to enhance its cash-on-delivery (COD) service across core Indian towns and cities…
• India beauty retailer intros makeup vending machines and more
  26 July 2023, kioskmarketplace.com
  Tira, a new beauty brand launched by entrepreneur Isha Ambani, has launched a store in the Jio World Drive mall in Mumbai which includes makeup vending machines where customers can get free samples, according to a dnaindia.com report…
• Pilot Pen ends partnership with Luxor; invests Rs 70 cr in own mfg unit
  26 July 2023, retail.economictimes.indiatimes.com
  ​Itoh, who was here this week, announced that Pilot has invested about Rs 70 crore in setting up a manufacturing unit in Manesar. ​The company is working with 40 state-wise super distributors who act as primary customers of the brand and sell the product to small distributors, who eventually sell to retail outlets…
• Unilever quarterly sales beat estimates, boost shares
  26 July 2023, retail.economictimes.indiatimes.com
  The British company reported a 7.9% rise in underlying second-quarter sales, beating analysts’ average forecast of 6.4%, a company-provided consensus showed…
• Adidas raises annual guidance despite profit plunge
  26 July 2023, retail.economictimes.indiatimes.com
  The German sports footwear and apparel giant said its operating profit plunged 55 percent to 176 million euros ($195 million) during the April-June period, on flat revenue in local currencies but with a five percent decline in euros to 5.3 billion…
• Jubilant Foodworks Q1 net profit declines 74% to Rs 28.9 crore
  26 July 2023, retail.economictimes.indiatimes.com
  Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino’s Pizza and Dunkin’ Donuts, on Tuesday reported a 74 per cent decline in its consolidated net profit to Rs 28.91 crore in the June 2023 quarter. The company had posted a consolidated net profit of Rs 112.58 crore in the April-June quarter previous fiscal, Jubilant Foodworks Ltd (JFL) said in a regulatory filing…
• Asian Paints Q1 net profit rises 52% to Rs 1,574.8 crore
  26 July 2023, retail.economictimes.indiatimes.com
  The consolidated sales rose 6.7 per cent to Rs 9,153.79 crore in the first quarter of this fiscal. In the year-ago period, the same stood at Rs 8,578.88 crore, Asian Paints said in a regulatory filing…
• ITC with India Post launch postal stamp to promote awareness on millets
  26 July 2023, retail.economictimes.indiatimes.com
  ITC’s Sivakumar said: “Supporting the government’s focus on mainstreaming millets, ITC has spearheaded a dedicated initiative called ITC Mission Millets which is powered by a 3-pillar strategy. This encompasses the development of a ‘good-for-you’ foods portfolio backed by innovation, implementation of sustainable farming systems with the creation of a robust millets agri value chain with special thrust on enhancing value-addition and market linkages.”..
• Mondelez India to expand its plant in Andhra Pradesh
  26 July 2023, retail.economictimes.indiatimes.com
  Snack company Mondelez India is expanding its manufacturing plant’s capacity at Sri City in Tirupati district and Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy virtually took part in the foundation stone-laying ceremony on Tuesday. With an investment of Rs 1,600 crore, this project, first announced during the Global Investors Summit (GIS) in Visakhapatnam is taking off now…
• Walmart, Flipkart join hands with Telangana government to upskill, support local MSMEs
  26 July 2023, retail.economictimes.indiatimes.com
  The MoU between Swasti and the Industries and Commerce Department will facilitate the development of local Micro, small and medium-sized enterprises (MSMEs) towards accessing a wider domestic market space, to leverage online retail and enable sustained growth and commercialisation, it said…
• India surpasses France to be the biggest market in volumes for Chivas, says Chairman Gourgues
  25 July 2023, retail.economictimes.indiatimes.com
  Commenting on the ongoing FTA talks between India and UK, the chief executive said that the trade agreement will create an equal playing field between the two nations, enabling consumers and whisky producers. ..
• ETRetailCafe: Dealshare’s Sourjyendu Medda on offering affordable products to mass India
  25 July 2023, retail.economictimes.indiatimes.com
  Sourjyendu Medda shares how the brand is catering to the needs of consumers in tier II and beyond cities. He shares, “Mass India still has a lot of play which goes beyond the top brands i.e directly connecting the manufacturers to the end consumers to create the savings for the end consumers.”…
• Funskool India to ramp up manufacturing capacity to cater to the increasing demand of Indian toys
  25 July 2023, retail.economictimes.indiatimes.com
  The company is expecting 60 per cent of the revenue to come from exports and the remaining 40 per cent to come form the domestic market…
• Relaxo Footwears expects profit margins to improve in coming quarters on further softening of raw material prices
  25 July 2023, retail.economictimes.indiatimes.com
  Relaxo Footwears, ​on Monday, has reported a rise of 46 per cent in profit after tax (PAT) at Rs 56 crore in the first quarter (Q1) of this fiscal ended June 30, 2023. Its PAT stood at Rs 36 crore in Q1 of the previous fiscal, as per the BSE filing…
• mCaffeine eyes to turn profitable this fiscal year
  25 July 2023, retail.economictimes.indiatimes.com
  The brand, which has a retail presence across India in 20,000 stores, is planning to expand its presence to 10,000 more outlets by this fiscal end. However, it is expecting 70 per cent of the revenue to come from the online channels and the rest 30 per cent from the offline stores…
• Indians are the most impatient online shoppers in the world, shows report
  25 July 2023, retail.economictimes.indiatimes.com
  With such a high percentage of shopping online, there is even more pressure to make the experiences good. In fact, 72% consumers, highest globally, said they will not shop with retailers, brands or marketplaces which do not match up to their expectations, according to Wunderman Thompson…
• Shoppers Stop’s net profit dips to Rs 14.49 crore in Q1 FY24
  25 July 2023, retail.economictimes.indiatimes.com
  Shoppers Stop will open 12 new department stores in 7 new cities by the end of FY24, apart from 15 beauty stores. ​​Recently, the company launched Intune a ‘Fashion For All’ format, a strategic initiative to cater to young families…
• Adidas gets $565 mln in orders for first batch of unsold Yeezy shoes
  25 July 2023, retail.economictimes.indiatimes.com
  Adidas stopped selling Yeezy shoes from its defunct partnership with Ye in October after the rapper formerly known as Kanye West made a series of antisemitic comments on social media and in interviews…
• Consumers prefer mid-sized packs instead of value packs this quarter
  25 July 2023, retail.economictimes.indiatimes.com
  Indian consumers are opting for mid-sized and multi-use product packaging, rather than being focused on low-price products, according to Bizom, a retail intelligence platform. Confectionery and personal care brands experienced a drop in consumer interest during Q2 2023 when compared to the same period last year, while sales of home care grew by 14.7 per cent..
• Milk price: Food & bakery items too may get costlier
  25 July 2023, retail.economictimes.indiatimes.com
  Bakers say there is no alternative but to raise their product prices as there is little leeway given the Food Safety and Standards Authority of India (FSSAI) regulations. For example, they point out, the mandate is that milk bread must contain at least 6 percent of milk…
• Skyball forays into smartwatch segment, expects Rs 40 crore revenue in first year
  25 July 2023, retail.economictimes.indiatimes.com
  In the smartwatch category, it aims to launch three more models before Diwali, solidifying its presence in the market. Further, it expects to achieve a sales volume of 100,000 units in this year, with an estimated 40 per cent of its business derived from the category…
• Retail India News: Urban Square Mall Celebrates Young Chess Talents at ‘Battle of The Knights July 2023’
  25 July 2023, indianretailer.com
  Urban Square Mall, Udaipur’s premier retail and lifestyle destination, honored the winners of the “Battle of The Knights July 2023” Chess Championship on International Chess Day, 20th July 2023…
• Retail India News: Fenesta Strengthens Retail Expansion with New Showroom
  25 July 2023, indianretailer.com
  Fenesta, India’s largest Windows and Doors Brand and market leader in its segment, continues its retail expansion with the opening of a new exclusive showroom, Arredox India Pvt Ltd…
• Reliance Retail revamping Trends stores with new-age, tech-enabled features
  25 July 2023, timesofindia.indiatimes.com
  Reliance Retail said it is revamping Trends fashion stores across the county by adding contemporary and tech-enabled features ranging from self-checkout counters to attract customers of younger generations…
• Skyball Enters India’s Smartwatch Market with Affordable Premium Models
  25 July 2023, indianretailer.com
  Skyball, the new-age consumer electronics brand specializing in home audio and smart accessories, has made a significant announcement regarding its entry into the smartwatch category…
• sloggi Redefines Comfort in India’s Innerwear Market with Innovative Movement
  25 July 2023, indianretailer.com
  sloggi, the Swiss innerwear brand from Triumph International, introduces a new movement, “move comfortably through our world,” to redefine the innerwear category. ..
• Acer Launches First Dedicated Gaming Store in Kerala
  25 July 2023, indianretailer.com
  Acer, a prominent PC brand, has recently inaugurated its first exclusive gaming store located on the ground floor of Mavelil Arcade S A Road, Metro Pillar NO: 800 Elamkulam, Kadvanthara, Kochi, Kerala- 682020…
• Featherlite Becomes Official Associate Sponsors for India vs West Indies ODI Series
  25 July 2023, indianretailer.com
  Featherlite, a leading office furniture manufacturer in India, has made a significant announcement, revealing that they will be the official Associate Sponsors for India vs West Indies ODI series…
• Oriflame India Introduces Wellosophy Health Supplements to Enhance Wellness
  25 July 2023, indianretailer.com
  Oriflame India, the holistic beauty and wellbeing company, has recently launched two new health supplements as part of its Wellosophy range. The Iron Complex, designed specifically for women, and the Calcium fortified with Vitamin D and Magnesium supplements, provide an extra boost to support busy routines and maintain an active and healthy lifestyle…
• Cadiveu Introduces ‘Brasil Cacau’ Vegan BTX Treatment
  25 July 2023, indianretailer.com
  Cadiveu, a pioneering brand embodying research, creativity, and the fusion of natural and technological elements, is delighted to unveil its latest product, ‘Brasil Cacau’ step Vegan BTX Treatment, offering a natural and smooth finish…
• Jaypore Unveils Artisanal Dinnerware Collection ‘Mausiqi’
  25 July 2023, indianretailer.com
  Jaypore, the leading artisanal lifestyle brand from Aditya Birla Fashion and Retail Ltd (ABFRL), proudly introduces its handcrafted dinnerware collection ‘Mausiqi.’ ..
• Feasting on Secrets: Unearthing the Truth Behind the Food We Consume!
  25 July 2023, indianretailer.com
  In an era of increasing consumer awareness and demand for sustainable and ethical food practices, traceability plays a crucial role in establishing trust and transparency throughout the food supply chain…
• AnoChai Sutta Cafe Opens Third Outlet in Dubai’s Preatoni Tower, JLT
  25 July 2023, restaurant.indianretailer.com
  This prime location ensures easy accessibility for both residents and visitors, offering them a convenient destination to relish the flavors of Chai Sutta Cafe’s teas…
• Swiggy initiates the 2nd Tranche of its Committed ESOP Liquidity Program Totalling $50 MN
  25 July 2023, restaurant.indianretailer.com
  Swiggy, which announced turning EBITDA positive in its food delivery business as of March 2023 successfully integrated Dineout and strengthened its position in Q-commerce with Instamart…
• Chef Harpal Singh Sokhi’s Karigari Set for Global Expansion with 10 Indian Outlets
  25 July 2023, restaurant.indianretailer.com
  Chef Harpal Singh Sokhi aims to provide a memorable dining experience that pays tribute to the traditional cooking techniques of India while incorporating contemporary flavors…
• Yum! Brands Appoints Former Walmart CFO Brett Biggs and Boeing CIO Susan Doniz to Board
  25 July 2023, restaurant.indianretailer.com
  Yum! will also benefit from Brett’s experience in global operations and digital transformation as we continue to prioritize initiatives that strengthen operational execution, accelerate digital sales and provide great experiences for their customers…
• DLF SIGNS AGREEMENT FOR A JV WITH TRIDENT
  24 July 2023, rprealtyplus.com
  DLF Ltd subsidiary DLF Home Developers Limited’s (DHDL) wholly-owned arm Pegeen Builders & Developers will re-enter the real estate market in Mumbai…
• Reliance Retail revamping Trends stores with new-age, tech-enabled features
  24 July 2023, retail.economictimes.indiatimes.com
  Reliance Retail is Trends fashion stores across the county by adding contemporary and tech-enabled features ranging from self-checkout counters to electronic shelf labels to attract customers of younger generations. Trends has opened its first such store with a new brand identity in Surat with several more in the pipeline to be opened shortly…
• The pursuit of beauty: What explains Damani’s big bet on Health and Glow?
  24 July 2023, retail.economictimes.indiatimes.com
  Rising income levels, urbanisation, Internet access, rise of social media influencers and a large share of the young population are factors leading to a beauty boom in India that is projected to reach $17.4 billion by 2025 from $15.6 billion in 2022. The market is increasingly seeing consolidation of brands or bigger conglomerates making an entry…
• Titan Co. working on SIM-enabled smartwatches with health, digital payments features
  24 July 2023, retail.economictimes.indiatimes.com
  In a move that can help the company gain a competitive edge, Titan is planning to introduce SIM-enabled watches. “I think 5G and the whole cellular technology will be another leapfrog for this segment. So, you can expect us to be innovating with SIM-enabled watches,” said Kuppuraj…
• Indian market growing at good pace; international blueprint by FY25: Boat cofounder Aman Gupta
  24 July 2023, retail.economictimes.indiatimes.com
  The overseas plans are currently in the making, but for now, Boat is determined to cement its position in the smartwatches segment, its biggest focus this year…
• Hindustan Unilever expects its volumes to recover gradually
  24 July 2023, retail.economictimes.indiatimes.com
  India’s biggest consumer goods company, Hindustan Unilever (HUL), has said that it will take at least two to three quarters to recover volumes even as it has cut prices, increased grammages, and increased advertising over the past two quarters. HUL said that the recent fall in key raw material prices – crude and palm oil – would also further drive the overall volume growth of the company…
• ONDC network removes entry barriers to digital commerce, provides level playing field: Centre
  24 July 2023, retail.economictimes.indiatimes.com
  Any two platforms that are compliant with the ONDC Protocol can interoperate without specifically integrating with each other’s systems…
• Use of AI expands scope of B2B networking, augments jobs, says IndiaMart CEO
  24 July 2023, retail.economictimes.indiatimes.com
  IndianMart, which connects bulk buyers to relevant suppliers of various products and services on its platform, has improved its match-making ratio with the use of artificial intelligence like application of voice search, interpretation of mixed language or misspelt words, Agarwal said…
• Some Subway India outlets drop tomatoes citing poor quality amid price surge
  24 July 2023, retail.economictimes.indiatimes.com
  A Subway outlet at a Delhi airport terminal announced the “Temporary Unavailability of TOMATOES” in a sign saying the restaurant could not get enough supply that passed its quality checks…
• FMCG firms turn focus to spices for growth
  24 July 2023, financialexpress.com
  Last week, there was news of Wipro Consumer Care and Tata Consumer looking to acquire a 51% stake in Chennai-based Aachi Masala for Rs 1,000 crore…
• Nutrition-focused D2C startup TruNativ expects a five-fold rise in revenue in FY24
  24 July 2023, retail.economictimes.indiatimes.com
  Founded in 2019, TruNativ had raised over $2 million in its seed funding rounds in the previous years from marquee investors, including Nithin Kamath from Zerodha, Emami Group, and 9unicorns fund…
• Retail India News: PVR INOX to Expand Large Format Offerings in Retail Space
  24 July 2023, indianretailer.com
  Cinema exhibitor PVR INOX Ltd revealed its intention to bolster its presence in the retail sector in India by adding two additional superplexes this year as part of its ambitious expansion strategy…
• Retail India News: Vu Sets Record with 98 Masterpiece TV Launch on Amazon
  24 July 2023, indianretailer.com
  Luxury television has just received a level up with Vu’s massive Masterpiece range. The 98 Masterpiece TV was launched jointly by Devita Saraf, Founder and Chairperson of Vu, and Ranjit Babu, Director, Wireless & TV at Amazon India, at Neuma, Mumbai recently and has become the largest TV in terms of screen size, now available on Amazon stores…
• Retail India News: Amazon Business Achieves Remarkable 56 pc Sales Growth during Prime Day
  24 July 2023, indianretailer.com
  Amazon’s B2B platform, Amazon Business, witnessed a significant 56 percent growth in sales during the e-commerce giant’s recent Prime Day sale, according to Amazon India. The event saw a frenzy of purchases, with the company selling a large appliance every 2 seconds, approximately five smartphones every second, and about two toys every second…
• Retail India News: Havells India’s Consolidated Net Profit Rises 18 pc in June Q4 Amid Improving Demand
  24 July 2023, indianretailer.com
  Electrical goods and appliances maker Havells India reported an 18 percent increase in its consolidated net profit for the June quarter FY24, reaching Rs 287 crore…
• DLF’s net profit increases by 12.13% in Q1 FY24
  22 July 2023, realty.economictimes.indiatimes.com
  DLF’s net consolidated total income stood at Rs 1,521.71 crore in Q1 FY24, a marginal growth of 0.36 per cent from Rs 1,516.28 crore it recorded in the similar quarter last year…
• Reliance Retail profit jumps 18.8 pc YoY in Q1 to Rs 2,448 crore
  22 July 2023, retail.economictimes.indiatimes.com
  “The sustained growth across consumption baskets has further consolidated our position as a market leader. We continue to innovate and invest in our stores and digital platforms to make shopping more engaging for our customers,” said Isha Ambani, executive director, Reliance Retail Ventures…
• ONDC launches ONDC Academy to create equal opportunities for both large and small sellers
  22 July 2023, retail.economictimes.indiatimes.com
  With an envisioned repository of educational resources including textual and video materials, ONDC Academy will focus on providing interactive learning content for sellers and seller network participants to manage their e-commerce operations. It will offer digital commerce-related programs in multiple Indian languages and more languages will be added with time…
• Hansgrohe bets big on India, plans to set up assembling unit
  22 July 2023, retail.economictimes.indiatimes.com
  For Hansgrohe, the revenue contribution from India has doubled in the last five years. The incremental percentage of contribution from India last year stood at more than 10 per cent…
• Paytm parent One 97 Communications’ quarterly loss nearly halves to Rs 358.4 crore, revenue up 39%
  22 July 2023, retail.economictimes.indiatimes.com
  Revenue from operations for the payments major stood at Rs 2,341.6 crore for the June quarter, a 39.4% increase on year. Operational revenue growth for the firm, however, fell almost 5% on a sequential basis for the recently concluded quarter…
• Fabindia partners with Dolomite Restaurants to open Jamie Oliver’s cafe across India
  22 July 2023, retail.economictimes.indiatimes.com
  During 2023, Dolomite will open at Fabindia in Delhi, Gurgaon, Noida, Mumbai, Pune, Bengaluru, Kolkata, Chandigarh, Jaipur and Amritsar…
• Amazon Business records 56 per cent YoY growth during Prime Day
  22 July 2023, retail.economictimes.indiatimes.com
  Amazon claimed to have registered a strong growth in Prime membership during the Prime Day event and the highest engagement with 14 per cent more members shopping as compared to last year…
• Global retailers cash in on Barbie movie craze
  22 July 2023, retail.economictimes.indiatimes.com
  Retailers are hoping to profit from the release of Barbie’s latest film by selling a broad range of products linked to the plastic doll, from Barbie Crocs to hotel suites and suitcases. Consumers have generally trimmed their spending amid a squeeze on living costs, leading store owners to encourage them to buy more expensive items to boost revenues…
• FMCG sector seeing gradual volume growth in Q1: HUL CFO
  22 July 2023, retail.economictimes.indiatimes.com
  ​​ Commodities prices have remained stable and inflation continues to moderate thereby leading to resurgence of small and regional players many of whom had vacated the market during peak of inflation, he said during an earnings call…
• Apple may ship out record 8-9 million iPhones in 2023
  22 July 2023, retail.economictimes.indiatimes.com
  Market trackers expect Apple to achieve its best-ever market share of 6-7% by the end of 2023, riding on the back of its strongest performance in the first half of year…
• Fast charging drives 80% of global smartphone sales in Q1: Report
  22 July 2023, retail.economictimes.indiatimes.com
  The sales of fast charging-based (over 10 watts) smartphones accounted for almost 80 per cent of the global smartphone market in the first quarter (Q2) of 2023, compared to 74 per cent in Q1 2022 and 29 per cent in Q1 2018, a new report showed on Thursday…
• Appliance maker Versuni goes full throttle as it sees blockbuster festival season ahead
  22 July 2023, retail.economictimes.indiatimes.com
  Versuni’s chief commercial officer Ozlem Fidanci told ET that the India market has been growing and has been open for new trends culturally, to try new solutions and product lines. “It makes India an attractive opportunity for Versuni and our brands.”…
• Market Size of India’s Online Retail Sector Likely To Touch $325 Bn By 2030
  22 July 2023, indianretailer.com
  The country’s online retail market size may touch $325 billion by 2030 against $70 billion in 2022, mainly due to the rapid growth of e-commerce in Tier II and Tier III cities…
• Retail Indian News: Amazon Beauty’s ‘The Beauty Sale’ Returns to India – Get Ready to #ShowUpGlowUpSaveUp!”
  22 July 2023, indianretailer.com
  Amazon Beauty is set to launch the second edition of its highly anticipated retail event, ‘The Beauty Sale,’ in India from 22nd – 26th July 2023, powered by Maybelline in association with L’Oréal Professionnel, and Biotique, L’Oréal Professionnel, and Biotique…
• Retail India News: Troo Good Expands its Millet Snacking Manufacturing Footprint in Chhattisgarh
  22 July 2023, indianretailer.com
  Troo Good, India’s largest millet snacking brand, has recently inaugurated its fifth manufacturing facility in Durg, Chhattisgarh. Covering an expansive 6000 sq. ft. floor area, this new facility complements the brand’s existing allied facilities in the state…
• How Kidswear is Making a Statement with Grunge Fashion
  22 July 2023, indianretailer.com
  Nowadays kidswear is embracing fashion and creating a trend of its own with the potential to make a statement with an unique style. Keeping the attire casual as much as possible is the new fashion that is enticing the kids these days…
• Retail India News: Kimirica Unveils Game-Changing Skin Clarifying Serum
  22 July 2023, indianretailer.com
  Kimirica, a pioneering name in plant-powered skincare, is proud to unveil its revolutionary product, the Skin Clarifying Serum…
• Best Brands Like Shein in India
  22 July 2023, indianretailer.com
  Shein has been a popular destination for chic, trendy, and affordable clothing. However, since it has ceased operations in India, many consumers are searching for alternatives to continue, making fashion-forward choices without breaking the bank. Here are the top 10 brands like Shein that you can turn to in India…
• Voice to Cart: Revolutionizing the Retail Industry
  22 July 2023, indianretailer.com
  In recent years, the development of modern technology has created a paradigm shift in consumer habits, leading to a number of technological advancements that are catalyzing significant transformations in the retail industry…
• Retail India News: Palmonas Appoints Pallavi Mohadikar as Co-Founder and CEO
  22 July 2023, indianretailer.com
  Palmonas, India’s pioneering demi-fine jewellery brand, has appointed Pallavi Mohadikar as its Co-Founder and CEO. With a proven track record as a successful entrepreneur and extensive experience in the D2C landscape, Pallavi brings valuable insights and expertise to drive business expansion and fortify the brand’s market presence, ensuring customer value remains at the forefront…
• Retail India News: Lavie Unveils Lavie Deboss Monogram Collection
  22 July 2023, indianretailer.com
  Lavie, a symbol of fashion and lifestyle bags, is excited to introduce its latest masterpiece – the Lavie Deboss Monogram Collection…
• Cloud Kitchens and Delivery: Revolutionizing India’s Food Industry
  22 July 2023, irecwire.indianretailer.com
  As urbanization and hectic lifestyles continue to shape consumer preferences, cloud kitchens and delivery platforms are poised to become the future of the Indian food industry…
• Gurneet Grover Appointed as Executive Chef at Le Méridien Amritsar
  22 July 2023, restaurant.indianretailer.com
  Chef Gurneet will be in charge of overseeing the operations of Le Méridien Amritsar’s two dining establishments and one bar & lounge…
• “We Focused on What Not to Do,” Suman Bharti of Reflex
  22 July 2023, restaurant.indianretailer.com
  We did lots of research on what not to do before getting settled for anything. It was one and half year long research to start this dream project. And it took me nine months to build up this place. So, make sure you build up a product which is quality research…
• Manyavar Unveils ‘Legendary Celebrations’: A Marvel-Inspired Collection
  22 July 2023, brandlicense.indianretailer.com
  For the first time, Manyavar blends the captivating world of Marvel with its distinctive Indian wear outfits, creating an exceptional fusion of fashion and fantasy. ..
• Radhakishan Damani buys Health & Glow for Rs 750 cr
  21 July 2023, retail.economictimes.indiatimes.com
  According to corporate shareholding data available till June 2023, Damani, Damani publicly holds 14 stocks with a net worth over ₹166,949.6 crore with the largest being VST Industries where he is the single largest shareholder and India Cements, where his 21% ownership makes him the single largest public (non-promoter group) investor. Apart from being an investor in His other retail sector exposure is in Trent, the chain backed by Tata Group…
• HUL net profit rises 6.9% to Rs 2,556 crore in Q1 FY24
  21 July 2023, retail.economictimes.indiatimes.com
  Rohit Jawa, CEO and managing director, HUL said​, “In the near-term, FMCG industry will continue to witness rebalancing of price-volume growth equation and a gradual recovery in consumer demand. In this environment we will continue to provide superior value to our consumers and invest behind our brands,”…
• PVR Inox plans to add two more superplexes this year
  21 July 2023, retail.economictimes.indiatimes.com
  PVR INOX Ltd, the cinema exhibitor in India, is planning to add two more superplexes this year, aiming to expand its large format offerings, including multiple cinema formats. The company has opened its latest 12-screen superplex in Bengaluru, bringing its total number of screens to 158 in 25 cinemas in the city…
• Bata India positive about growth outlook amid short-term headwinds
  21 July 2023, retail.economictimes.indiatimes.com
  In FY 2022-23, Bata also launched its first store on the “Red Label by Bata” concept with exclusive offerings to high-end fashion consumers. Additionally, 25 all-women stores were opened across India during the year…
• Understanding the new horizons of the global e-commerce market – with Anuraag Gambhir, MD, ShopClues
  21 July 2023, retail.economictimes.indiatimes.com
  In this episode of the ETRetail podcast, Anuraag Gambhir, managing director of ShopClues shares his insights on the global e-commerce market, cross-border trade, emerging trends, and the probable impact of e-commerce policy on the overall industry…
• Neelam Dhawan appointed as independent director on the HUL Board, Leo Puri reappointed
  21 July 2023, retail.economictimes.indiatimes.com
  Hindustan Unilever Limited (HUL) also announced the reappointment of Leo Puri as an independent director. Puri will continue in this role for a period of five years, starting from 12th October 2023 until 11th October 2028. Currently, he holds the position of chairman at JP Morgan for South and Southeast Asia…
• IndiaMart InterMesh Q1 net profit soars 78% YoY to Rs 831 crore; co approves Rs 500 crore-buyback
  21 July 2023, retail.economictimes.indiatimes.com
  Revenue from operations jumps 26% to Rs 2,821 crore for the April-June period, as against Rs 2246 crore in the same period of last year. The buyback size represents 2% of the total equity of the company and 24.33% of free reserves based on the last audited financial statements for the period ended June 2023…
• Tata Coffee Q1 profit down 5% at Rs 62.06 cr
  21 July 2023, retail.economictimes.indiatimes.com
  Total income, however, rose to Rs 707.93 crore in the first quarter of this fiscal from Rs 666.05 crore in the corresponding period of the previous year, Tata Coffee said in a regulatory filing…
• United Spirits net profit at Rs 477 crore in Q1 FY24
  21 July 2023, retail.economictimes.indiatimes.com
  In a regulatory filing, United Spirits said the results of the quarter were not comparable to the June quarter of last fiscal as the company completed a slump sale of the entire business undertaking associated with 32 brands to Inbrew Beverages on September 30, 2022…
• Swiggy builds generative AI offering personalised recommendations
  21 July 2023, retail.economictimes.indiatimes.com
  Swiggy is building generative AI-led solutions for its ecosystem of restaurants and delivery partners that will help in cutting down total operational cost…
• Havells Q1 profit up 18% at Rs 287 cr
  21 July 2023, retail.economictimes.indiatimes.com
  “Consumer demand has been muted and unseasonal weather has impacted the B2C businesses, demand lately seems to be improving. B2B and Lloyd have grown well,” Havells India Chairman and Managing Director Anil Rai Gupta stated…
• Aiwa India partners with Aptronix and Sangeetha Mobiles to expand retail presence in India
  21 July 2023, retail.economictimes.indiatimes.com
  The partnership with Aptronix will increase Aiwa’s retail footprint through 50 exclusive stores located in 14 cities across India. The association with Sangeetha Mobiles shall increase Aiwa’s retail footprint across 600 stores spread across Andhra Pradesh, Karnataka, Telangana, Gujarat, Tamil Nadu, and Goa…
• Retail India News: Citykart Expands Retail Footprint in India with New Store Launch in Sultanpur
  21 July 2023, indianretailer.com
  Citykart Pvt. Ltd., a prominent value retailer specializing in family fashion across tier-II and tier-III cities in India, proudly inaugurated its 93rd store nationwide and second store in Sultanpur…
• Retail India News: Samsung India Unveils Two New Stores in Ahmedabad and Lucknow
  21 July 2023, indianretailer.com
  Samsung India has recently opened two new Premium Experience Stores in Ahmedabad and Lucknow, aiming to bring thrilling technology experiences to consumers in these cities…
• Retail India News: Force IX Launches Stylish Autumn-Winter Collection on Myntra
  21 July 2023, indianretailer.com
  Strengthening their unparalleled association with Myntra further, Force IX has unveiled its highly trendy Autumn-Winter collection on the platform, featuring a range of uber-stylish apparel and accessories…
• Retail India News: India Gate Collabs with “Tarla” to Celebrate Trailblazing Home Chef Tarla Dalal
  21 July 2023, indianretailer.com
  India Gate, the world’s No.1 basmati rice brand, is thrilled to announce its exciting collaboration with the highly anticipated film, “Tarla.” This captivating biopic delves into the remarkable life of India’s trailblazing home Chef, Tarla Dalal…
• Brand Tags and Their Importance: Making Your Mark in the World of Retail
  21 July 2023, indianretailer.com
  you’re walking through a high-end shopping mall, and you can’t help but notice the numerous brand tags adorning the apparel and products of the people around you. From high-fashion clothing to the latest technological gadgets, these brand tags not only signify quality but also serve as a statement…
• ROHTAS GOEL’S RELINQUISHES ROLE AS OMAXE LTD’S EXECUTIVE DIRECTOR
  21 July 2023, rprealtyplus.com
  Omaxe Ltd., a leading real estate and construction contracting company, announced a significant transition in its leadership as Rohtas Goel, the Founder Chairman, relinquished his role as Executive Director and decided to continue in the capacity of a non-executive director and Chairman…
• AMAR MYSORE ELECTED PRESIDENT OF CREDAI BENGALURU FOR 2023–25
  21 July 2023, rprealtyplus.com
  Amar Mysore, Executive Director, Brigade Enterprises has been elected as President of CREDAI Bengaluru for 2023-25. This leadership change comes as CREDAI Bangalore aims to further enhance its contribution to the real estate industry and promote sustainable growth…
• BENGALURU, HYDERABAD, CHENNAI COMMAND 59% OF OFFICE LEASING
  21 July 2023, rprealtyplus.com
  India’s three key southern cities — Bengaluru, Chennai and Hyderabad — dominated office demand with the contribution of 59 per cent of the total office leasing across the top 7 cities during the quarter ended June, according to Vestian…
• BRIGADE REAP ONBOARDS 5 NEW START-UPS
  21 July 2023, rprealtyplus.com
  Brigade REAP, India’s first PropTech focused real estate accelerator program, onboarded 5 startups from 150 applications for its 14th Cohort. The domains covered include robotics, alternate construction material, retail, plastic waste management and hospitality…
• • Hyderabad’s Top 5 Shopping Malls, get shopaholic!
    20 July 2023, bizzbuzz.news
    Hyderabad, known for its rich history and vibrant culture, also houses some of the best shopping malls in India. From luxury boutiques to trendy local stores, these malls offer an unforgettable shopping experience for every visitor. In this blog, we’ll take you through the top 5 shopping malls in Hyderabad, where you can indulge in retail therapy and find the latest fashion, technology, and more…
  • Retail businesses sales up 7% in June 2023: RAI
    20 July 2023, retail.economictimes.indiatimes.com
    During last month, retail businesses across regions have experienced growth in sales as compared to the previous year with South India signaling growth of 8 per cent, while East India and West India indicated a growth of 7 per cent and 6 per cent respectively followed by North India at 5 per cent…
  • Retail India News: The Indian Garage Co Launches Women’s Wear Brand ‘FreeHand’
    20 July 2023, indianretailer.com
    India’s prominent domestic fast-fashion D2C brand, renowned for TIGC, one of the best-selling men’s wear brands in the nation, has taken a significant stride towards establishing itself as a ‘House of Brands’ entity. The brand has now unveiled ‘FreeHand,’ an exclusive fast-fashion brand for women…
  • Retail India News: BabyBless Expands Offline Presence to 5 New Cities
    20 July 2023, indianretailer.com
    BabyBless, the leading brand revolutionizing parenting and childcare experiences under the renowned Ferns N Petals, has exciting news as it announces its expansion to 5 new cities in India this year…
  • Retail India News: Gemeria Expands Globally with Wholesale Branch Opening in Dubai
    20 July 2023, indianretailer.com
    Gemeria celebrates the grand opening of its wholesale branch, catering to bulk buyers and salon partners in Dubai. This strategic expansion marks a significant milestone for the company, emphasizing its commitment to providing premium quality hair extensions on a global scale…
  • The Power of Operating Model in Customer Experience
    20 July 2023, indianretailer.com
    In an era where customer expectations are constantly evolving, the ability to adapt and innovate is paramount for any business striving to thrive. Even though many companies understand the significance of offering excellent customer experience, numerous obstacles hinder their progress, causing them to struggle to deliver the desired experience…
  • Retail India News: Symetrix Inc Expands in India with Alphatec Partnership
    20 July 2023, indianretailer.com
    US-based Symetrix Inc., a renowned provider of high-performance audio hardware, software, and AV control systems, has announced its strategic expansion into the Indian market…
  • Retail India News: Modi Naturals Unveils Oleev Kitchen Junior Peanut Butter
    20 July 2023, indianretailer.com
    Modi Naturals Ltd, a prominent food and beverage company in India, has recently unveiled a new product category under its brand Oleev Kitchen – the Junior Peanut Butter…
  • Specialization in innerwear is mandatory for men’s comfort
    20 July 2023, indianretailer.com
    The significance of innerwear, particularly underwear, cannot be understated when it comes to men’s everyday comfort and well-being. Often overlooked, the right choice of underwear can provide essential support, freedom of movement, and moisture control, enhancing overall confidence and maintaining optimal hygiene…
  • Retail India News: The Indian Garage Co Launches Women’s Wear Brand ‘FreeHand’
    20 July 2023, indianretailer.com
    India’s prominent domestic fast-fashion D2C brand, renowned for TIGC, one of the best-selling men’s wear brands in the nation, has taken a significant stride towards establishing itself as a ‘House of Brands’ entity. The brand has now unveiled ‘FreeHand,’ an exclusive fast-fashion brand for women…
  • Sweet Success
    20 July 2023, irecwire.indianretailer.com
    Catching up with the other half of the popular SUGAR Cosmetics, Co-founder Kaushik Mukherjee sheds light on the omnichannel formula that worked for the brand’s phenomenal growth..
  • Bikaji Foods International Acquires 49% Stake in Bhujialalji
    20 July 2023, restaurant.indianretailer.com
    Bhujialalji offers a diverse product portfolio that includes the well-liked Bhujia and a range of namkeen variants across Rajasthan, Kolkata and Mumbai…
  • Chili’s Hits a Hattrick in Silicon Valley of India with its 3rd Outlet in Bengaluru
    20 July 2023, restaurant.indianretailer.com
    This newest Chili’s establishment, operated by Stellar Concepts Pvt Ltd, marks a significant milestone as the company expands its presence in India, Sri Lanka, and Bangladesh…
  • Mumbai Gets Newest Instragrammable Spot BOHOBA From the House of Speciality Restaurants
    20 July 2023, restaurant.indianretailer.com
    The diverse menu offers a delightful selection of global cuisine such as Boho Mezze Platter, Smoked Chili Tacos with Plant-Based Meat, Truffle Mushroom Eclairs, Pull Apart Stuffed Cream Cheese and many more…
  • Fairmont Jaipur Unveils Deja Brew
    20 July 2023, restaurant.indianretailer.com
    Deja Brew’s beers will be accessible not only at the Anjum Lobby Lounge but also at the Zia, AZA, and Zoya restaurants within Fairmont Jaipur…
  • Radico Khaitan Launches 4 Premium Products in West Bengal
    20 July 2023, restaurant.indianretailer.com
    West Bengal, ranking second in alcohol consumption according to a 2021 study by ICRIER and PLR Chambers, presents an emerging market for Radico Khaitan…
  • Carl’s Jr. Expands to Florida
    20 July 2023, restaurant.indianretailer.com
    Carl’s Jr. has more than 1,000 locations across the western part of the U.S. and more than 300 restaurants in Mexico…
  • LOTTE Ice Cream Expands Product Portfolio with Two Sensational Flavors
    20 July 2023, brandlicense.indianretailer.com
    Both of these delectable options are brought to you by LOTTE Wellfood, a renowned South Korean multinational company known for its ice creams and confectionaries worldwide…
  • Clinique and Kate Spade Unveils Pop Plush Creamy Lip Gloss Collection
    20 July 2023, brandlicense.indianretailer.com
    With shades like Air Kiss, Rosewater, Juicy Apple, and the internet-favorite Black Honey, this limited-edition collection is set to become a new staple in your beauty routine…
  • Viacom18 Consumer Products Partners with Point Cove to Launch a Vibrant Kids Apparel Collection Inspired by MTV
    20 July 2023, brandlicense.indianretailer.com
    Viacom18 Consumer Products, the consumer merchandising and licensing division of Viacom18, has teamed up with Point Cove, a clothing company based in California, to introduce an exciting range of apparel designed for children aged 3-14 years…
  • This Brand is on a Mission to Spread Good Vibes in the Country
    20 July 2023, irecwire.indianretailer.com
    Nightlife business has undergone significant alterations and evolved dramatically, largely thanks to social media…
  • Dmart’s online business crosses Rs 2000 crore sales mark, losses widened to Rs 194 crore
    20 July 2023, retail.economictimes.indiatimes.com
    ​Sales for Avenue E-Commerce (AEL), its online subsidiary was Rs2202 crore, a 32% jump while net loss widened to Rs 194 crore, as per its latest annual report. The online business brand, DMart Ready, had posted a loss of Rs 142 crore on sales of Rs 1667 crore in the previous fiscal year…
  • Libas to open 300 EBOs in the next 4 years
    20 July 2023, retail.economictimes.indiatimes.com
    The average store size of Libas will be between 1,200-1,800 sq.ft and the CAPEX involved will be Rs 1.3 crore for each store…
  • EOSS fails to lift sales for retailers this year
    20 July 2023, retail.economictimes.indiatimes.com
    Retailers traditionally launch EOSS by June end, before fresh season merchandise hits their shelves. However, brands started the sale mid-June and it’s likely to continue till the end of July. Retailers who largely focus on to clear out inventory during EOSS are now hoping for festive season to improve sales…
  • GQG Partners buys 5.96% stake in Patanjali Foods
    20 July 2023, retail.economictimes.indiatimes.com
    The market cap of Patanjali Foods stood at ₹48,245 crore. At current valuation, GQG Partners’ shareholding in Patanjali Foods is worth nearly ₹2,900 crore…
  • VIVO signs contract with Swirl for livestream shopping
    20 July 2023, retail.economictimes.indiatimes.com
    Livestream purchases have seen a 76 percent increase from pre-pandemic period to 2021, with Europe, the Middle East, and North America leading the growth in live commerce. Coresight Research CEO Deborah Weinswig predicts that livestream sales in the US could potentially reach an impressive $50 billion this year, surpassing the earlier estimate of $32 billion…
  • Consumer deal activity halves in Jan-June period: Grant Thornton Bharat report
    20 July 2023, retail.economictimes.indiatimes.com
    Experts expect a recovery in the deal space in the second half of the year as companies increasingly rely on M&A to diversify revenue sources and government increases investment in capex projects…
  • Domestic consumption is cushioning Indian economy against global slowdown: Ajay Banga
    20 July 2023, retail.economictimes.indiatimes.com
    World Bank chief Ajay Banga on Wednesday said that the domestic consumption is cushioning the Indian economy against a global on-going slowdown. “India cushioned by domestic consumption despite global slowdown,” PTI quoted him as saying…
  • https://www.financialexpress.com/industry/batas-premium-category-brands-like-marie-claire-red-label-gain-market-shares/3178639/
    20 July 2023, financialexpress.com
    Footwear major Bata India’s premium category brands like Marie Claire and Red Label gained market shares at retail level during last fiscal as fashion categories witnessed a revival in demands…
  • D2C firm Power Gummies sets up own manufacturing unit, partner Apollo for new launch
    20 July 2023, retail.economictimes.indiatimes.com
    Power Gummies has invested around $2 million in setting up a manufacturing plant located in Manesar, Gurugram, to meet surging demand for its supplements. The plant has a manufacturing capability of 10,000 bottles per day. The company also launched Power Gummies Junior, marking its entry into products specifically designed for kids…
  • Chipotle to open restaurants in Middle East through first franchise deal
    20 July 2023, retail.economictimes.indiatimes.com
    Chipotle has so far owned and operated all of its outlets, including more than 3,000 restaurants in the United States and over 50 international outlets…
  • K Raheja Corp to construct mall at a cost of Rs 600 crore in Visakhapatnam
    19 July 2023, realty.economictimes.indiatimes.com
    The mall will become operational in three years, said a press release shared by the state government…
  • Pansari Group eyes Rs 1,700 crore in revenue this fiscal
    19 July 2023, retail.economictimes.indiatimes.com
    The company, which offers 450 SKUs, has a presence across 1,70,000 touchpoints across India…
  • Large companies may corner big share of business on ONDC: Bernstein
    19 July 2023, retail.economictimes.indiatimes.com
    Customer acquisition costs will be lower for such apps, and fintech companies can also present direct interventions such as lending to customers to keep them engaged on the platform, the research firm said…
  • How are offline retailers targeting Gen Z and Millennials by offering affordable and fashionable choices in the UP and Bihar market?
    19 July 2023, retail.economictimes.indiatimes.com
    Offline retailers in the UP and Bihar market are effectively targeting Gen Z to Millennials by strategically offering affordability and fashion to enhance customer engagement. In Bihar, men constitute the largest customer segment, comprising more than 50% of the market, followed by kids at around 25% and rest ladies…
  • Fast-fashion retailer Temu sues rival Shein over US antitrust law
    19 July 2023, retail.economictimes.indiatimes.com
    The two companies are already embroiled in litigation in Chicago federal court, where Shein has alleged Temu worked with influencers to disparage Shein on social media. Temu’s bid to dismiss that case is pending…
  • India Inc flagships are giving older chiefs more time at the helm
    19 July 2023, retail.economictimes.indiatimes.com
    Senior executives in their late 50s and 60s are receiving longer tenures in India’s business sector after the COVID-19 pandemic. Older CEOs of companies having mature and complex business streams and balance sheets are being appointed or having their appointment terms extended by risk-averse India Inc boards who increasingly value perseverance over panache…
  • India Inc revenue growth likely slowed to 6-8 per cent in first quarter, says Crisil report
    19 July 2023, retail.economictimes.indiatimes.com
    Revenues of Indian companies in the first quarter of this fiscal are expected to grow by 6-8%, marking the fourth successive slowdown, analytics company Crisil has warned. Of the 47 sectors tracked by the firm, 14 saw lower revenue, while 15 experienced slower sequential growth, highlighting the global trend for lower growth levels in industries such as steel and aluminium, where realisations and slowing demand for metals have impacted producers…
  • Karnataka tops direct selling market in south with sales of Rs 1,128 crore: IDSA
    19 July 2023, retail.economictimes.indiatimes.com
    Providing self-employment to 78,000 entrepreneurs in Karnataka, including 34,000 women, the direct selling business in the State posted a sales increase of Rs 94 crore in 2021-22, a 9.09 per cent growth over the previous year’s figure of Rs 1,034 crore, the self-regulatory body for the direct selling industry in India said…
  • India’s gems & jewellery exports may fall 10-15 pc this fiscal: GJEPC
    19 July 2023, retail.economictimes.indiatimes.com
    Addressing the media, on the sidelines of an event here on Monday evening, the GJEPC Chairman informed that the Commerce Ministry has given a target of USD 42 billion for the gems and jewellery segment exports in 2023-24…
  • Allied Blenders plans wider spirits menu
    19 July 2023, livemint.com
    Allied Blenders & Distillers (ABD), which sells one of the world’s top-selling whiskies, Officer’s Choice, is set to expand beyond the whisky and brandy segment to enter craft and other white spirits, a top company executive said…
  • Indians are becoming more energy conscious in their choice for home appliances
    19 July 2023, retail.economictimes.indiatimes.com
    Energy efficient technologies like inverter compressors used in air-conditioners and refrigerators now account for over 85% of category sales for AC and 40% for refrigerators as compared to 60% and 20% three years back, as per industry data…
  • Retail India News: Barbie and Baskin Robbins Unite for a Magical Dessert Collaboration
    19 July 2023, indianretailer.com
    Get ready to witness the enchanting union of two iconic pink-loving brands, BarbieTM, and Baskin Robbins, as they join forces for a delightful collaboration – #TimeForPink…
  • How Titan’s Jewelry Biz Keeps Growing with Oracle’s In-store E-commerce Tech
    19 July 2023, indianretailer.com
    Titan has always been a step ahead when it comes to understanding the pulse of its audience. Before artificial intelligence and machine learning mnemonics gathered steam in India, Titan’s jewelry division has been using it to track and gauge consumer touch points across its businesses…
  • Retail India News: Omaxe Chowk Opens Dawatpur with Tunday Kababi Outlet
    19 July 2023, indianretailer.com
    Omaxe Chowk, located in the heart of Chandni Chowk, Old Delhi, has leased approximately 4000 sq ft space to Lucknow’s famous Original Tunday Kababi in its groundbreaking food court, Dawatpur. Tunday Kababi is renowned for its mouthwatering Tunday Kabab and Mughlai delicacies and recently gained recognition by securing the prestigious 12th position in Tasteatlas’ compilation of the World’s Most Legendary Restaurants…
  • Retail India News: Rapport x SoleSearch Opens Collaborative Store in Hyderabad
    19 July 2023, indianretailer.com
    Hyderabad’s ultimate sneaker destination, the Rapport x SoleSearch Collaborative Store, was successfully launched over the previous weekend, marking a groundbreaking collaboration between SoleSearch, India’s leading street culture brand, and Rapport, Hyderabad’s first multi-designer shoe boutique…
  • Retail India News: Benetton Unveils Delightful Newborn Collection Celebrating Parent-Child Bond
    19 July 2023, indianretailer.com
    Benetton, renowned for its retail excellence, is set to embrace the little ones and their parents with a specially curated newborn collection designed for babies aged 0-18 months. The Newborn Apparel Collection by Benetton promises to be a delightful addition to this cherished realm of love and nurturing…
  • Retail India News: Myprotein Launches New Product Range Catering to India’s Fitness Community
    19 July 2023, indianretailer.com
    Myprotein, the top-ranked online sports nutrition brand globally, has announced the introduction of three innovative products specifically tailored for Indian consumers. Under the Clear Whey, Pre-workout, and Keventers categories, these additions address the nutritional requirements of the subcontinent while offering a wide array of enticing flavors, enabling fitness enthusiasts in India to pursue their personal fitness goals…
  • Emerging Fabric Trends: Unveiling the Latest Innovations and Designs in the Fabric Industry
    19 July 2023, indianretailer.com
    The fabric industry is a dynamic and ever-evolving landscape, where trends and innovations shape our perception and interaction with various end uses. Moreover, today several emerging fabric trends showcase innovative designs that captivate fashion enthusiasts, interior decorators, and industry professionals…
  • Retail India News: Bakingo Expands Presence in Mumbai with Gourmet Creations
    19 July 2023, indianretailer.com
    Bakingo, the leading online bakery brand, is excited to announce its expansion into Mumbai, India, bringing a wide selection of gourmet cakes that are sure to delight the city’s discerning taste buds. With an unwavering dedication to quality, innovation, and customer satisfaction, Bakingo is set to revolutionize the culinary landscape, one mouthwatering creation at a time…
  • Retail India News: The Better Collective Creates Earth Ritual, India’s latest Luxury Body Care Brand
    19 July 2023, retail.economictimes.indiatimes.com
    Strategic brand consultancy, The Better Collective, has created India’s newest luxury bath and body care brand—Earth Ritual—with a mood-based positioning and product bundling GTM strategy. The brand sells 16 SKUs covering body wash, lotion, scrubs, and mists through its e-commerce store and niche premium marketplaces…
  • Sheela Foam to pick 94.66% in Kurlon for Rs 2,150 cr; 35% in Furlenco for Rs 300 cr
    18 July 2023, retail.economictimes.indiatimes.com
    The acquisition will be funded by a mix of equity, internal accruals, and debt. Although Sheela Foam has a history of acquisition, this is the first time it has been announcing two acquisitions in one go. The acquisition of Kurl-on is expected to complete before November 2023 subject to regulatory clearance, while the Furlenco transaction is likely to complete by August 2023…
  • Lotus Herbals looks to earn Rs 200 crore revenue from Lotus Botanicals by FY26
    18 July 2023, retail.economictimes.indiatimes.com
    At the company level, Lotus Herbals grew 30 per cent last year, but Lotus Botanicals’ growth was 170 per cent, Passi shared. This fiscal the company expects the clean beauty brand to grow 150 per cent as compared to the base of last fiscal…
  • ETRetailCafe: Haier Appliances India’s Satish NS on bringing change via ‘inspired living’ philosophy
    18 July 2023, retail.economictimes.indiatimes.com
    Satish NS shares that the fundamentals of the consumer electronics industry and consumer expectations continue to be the same as they used to be almost two decades ago. However, he says, “the consumer electronics industry has transformed from aided purchase to non-aided purchase where earlier a salesperson used to explain the features of the products and now consumers are prompting themselves to get the details.”…
  • Hindware Home appoints Salil Kapoor as CEO
    18 July 2023, retail.economictimes.indiatimes.com
    In his new role, Kapoor will lead consumer business overseeing both consumer appliances and retail divisions. Additionally, he will be responsible for overseeing the water heater JV with Groupe Atlantic of France…
  • AnotherRadiohead Brands forays into energy drink category with Hustle, raises Rs 11 crore in pre-series A
    18 July 2023, retail.economictimes.indiatimes.com
    Radiohead has raised Rs 11 crore as a part of pre-series A round led by Prath Ventures and also saw participation from prominent angels like Vijay Shekhar Sharma of PayTM and Neel Bahl and from existing investors Keki Mistry (HDFC), Vishesh Khurana (Shiprocket), 7Square Ventures, Vidur Talwar (T&T Motors) and Anirudh Somani (CLSA)…
  • Apparel units suspend production amid decline in orders from global brands
    18 July 2023, retail.economictimes.indiatimes.com
    More than 20% of apparel exporting units in Tiruppur and Noida have halted manufacturing operations due to a decline in orders from international brands caused by a global slowdown. Medium and small enterprises, in particular, are struggling to service bank loans. There are no significant orders for Christmas, but the industry hopes that orders will return by next spring-summer season, normally placed in September…
  • India Inc likely to spend 20-25% more on advertising in the second half of 2023
    18 July 2023, retail.economictimes.indiatimes.com
    Advertising and consumer promotion spending is anticipated to increase by 20-25% YoY during H2 2023, driven by the Cricket World Cup, a rainy summer causing companies to delay ad spending and the festive season, according to executives. E-commerce, FMCG, apparel, fintech, banking, hospitality, retail and the automotive industry are expected to lead the advertisement campaigns…
  • Fashion brand Styched acquires D2C sneaker startup Flatheads
    18 July 2023, retail.economictimes.indiatimes.com
    With this acquisition, Styched forays into the footwear segment. The brand plans to integrate its production-on-demand technology into the footwear category, facilitating the expansion of Flatheads’ current collection…
  • Swiggy to provide data insights to restaurants for expansion
    18 July 2023, thehindubusinessline.com
    Swiggy’s dashboard will provide restaurants with insights derived from the company’s platform data Foodtech firm Swiggy on Monday launched a dashboard ‘Network Expansion Insight’ to help restaurants on the platform with their expansion…
  • SignCatch onboards Hamdard brand on ONDC platform
    18 July 2023, retail.economictimes.indiatimes.com
    Food and wellness brand, Hamdard has joined the Open Network for Digital Commerce (ONDC), giving wholesalers, retailers, and distributors across India direct access to Hamdard’s food products through the ONDC network. B2B trade facilitator, SignCatch, has onboarded the company onto ONDC…
  • Poshn aims to double its sales to Rs 1,100 crore in FY24
    18 July 2023, retail.economictimes.indiatimes.com
    The company expects to triple its supplier base from 300 to over 1000 by 2024. The suppliers are processors of food and agro commodities while buyers are wholesale purchasers of the same products…
  • Starlight Gaming plans to invest $10mn in India operations
    18 July 2023, retail.economictimes.indiatimes.com
    Starlight Gaming, a company owned by Taiwanese video game developer and publisher Softstar Entertainment, plans to make an initial investment of $10 million (₹82 crore) in its India operations. “We are taking calculated steps and are initially investing an estimated $10 million for marketing and operations,” Softstar Entertainment GM Yautian Chen told ET…
  • Retail India News: Mokobara Opens its Second Retail Store in Indiranagar, Bangalore
    18 July 2023, indianretailer.com
    Mokobara, a premium travel & lifestyle brand, is setting new retail expansion milestones with the launch of their second retail outlet at 12th Main Road of Indiranagar, the heart of Bangalore…
  • Retail India News: Sonakshi Sinha Unveils Kalyan Jewellers’ new Showroom in Patiala
    18 July 2023, indianretailer.com
    Bollywood actor Sonakshi Sinha stole countless hearts in Patiala at the inauguration of Kalyan Jewellers’ latest showroom, the seventh store by the brand across Punjab. The showroom promises a luxurious shopping experience with an ever-expanding array of classic and latest jewellery designs…
  • Retail India News: The Better Collective Creates Earth Ritual, India’s latest Luxury Body Care Brand
    18 July 2023, indianretailer.com
    Strategic brand consultancy, The Better Collective, has created India’s newest luxury bath and body care brand—Earth Ritual—with a mood-based positioning and product bundling GTM strategy. The brand sells 16 SKUs covering body wash, lotion, scrubs, and mists through its e-commerce store and niche premium marketplaces…
  • The Power of Operating Model in Customer Experience
    18 July 2023, indianretailer.com
    In an era where customer expectations are constantly evolving, the ability to adapt and innovate is paramount for any business striving to thrive. Even though many companies understand the significance of offering excellent customer experience, numerous obstacles hinder their progress, causing them to struggle to deliver the desired experience…
  • 10 Similar Brands Like Uniqlo In India
    18 July 2023, indianretailer.com
    Uniqlo, the Japanese casual wear brand, has garnered a strong global following for its minimalist designs, high-quality products, and reasonable prices. If you’re in India and seeking local alternatives that offer a similar appeal, look no further. Here are the top 10 brands in India that resemble Uniqlo’s style, quality, and pricing…
  • Retail India News: Fashion e-commerce Brand Styched Acquires Sneaker brand Flatheads of Shark Tank India 2 Fame
    18 July 2023, indianretailer.com
    Youth online fashion brand Styched today announced its acquisition of Flatheads, a Direct-to-Customer (D2C) online casual sneaker startup that gained fame on Shark Tank India season 2. With its first acquisition via an all-equity transaction deal, Styched forays into footwear, solidifying its position as an industry leader…
  • MERLIN GROUP LAUNCHES TALLEST RESIDENTIAL TOWER ON BT ROAD KOLKATA
    17 July 2023, rprealtyplus.com
    Merlin Group, the leading real estate conglomerate in Eastern India with footprints across the country and beyond the borders, has launched Serenia – The tallest residential condominium on B T Road. Merlin Serenia would be an apt choice for the aspiring buyers who yearn for a liberated feeling in a boundless space…
  • Zeiss Group to invest Rs 2,500 cr on new plant in India
    17 July 2023, retail.economictimes.indiatimes.com
    Global optical lenses major Zeiss Group will invest about Rs 2,500 crore in India on a new plant at Karnataka, mainly to increase its spectacle glasses manufacturing capacity, according to a senior company official. Carl Zeiss India, the group’s arm in the country, expects to employ around 5,000 people when the new plant becomes fully-operational…
  • Reliance set to buy Alia Bhatt’s Ed-a-Mamma for Rs 300-350 crore
    17 July 2023, retail.economictimes.indiatimes.com
    Reliance Brands is reportedly in talks to acquire actress Alia Bhatt’s children’s wear brand Ed-a-Mamma. The acquisition is expected to strengthen Reliance’s children’s wear portfolio and give it a greater toehold in the kidswear market. The eco-friendly brand operates primarily online but is also sold through retail chains such as Shoppers Stop and Lifestyle…
  • Goodknight business has implied value of around Rs 30,000 crore, says GCPL chairperson
    17 July 2023, retail.economictimes.indiatimes.com
    Godrej Group had bought the Goodknight brand in just Rs 100 crore in 1994. A year later in 1995, it sold a 51 per cent stake in Goodknight to Sara Lee and started a joint venture with the US-based consumer goods company. Later in 2010, GCPL acquired Sara Lee’s 51 per cent stake for Rs 1,240 crore and merged the business into the company…
  • China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry
    17 July 2023, indianexpress.com
    E-commerce sales in India via Amazon and Walmart’s Flipkart have surged in recent years, helping Xiaomi and others expand in one of the world’s fastest-growing markets, with 600 million smartphone users…
  • WOW’S Foray into Food
    17 July 2023, indianretailer.com
    WOW Skin Science was born out of the passion and vision to develop and deliver the best of beauty and wellness products by brother duo Karan and Manish Chowdhary. Early on their journey, the founders realized the potential of wellness and beauty as an industry segment…
  • Lawsuit against fast fashion retailer Shein claims RICO violations
    17 July 2023, retail.economictimes.indiatimes.com
    The filing this week claims that Shein is in violation of the Racketeer Influenced and Corrupt Organizations Act, better known as RICO, a law originally crafted to prosecute organized crime…
  • D-Mart Q1 Results: PAT up mere 2.3% YoY to Rs 695 crore despite higher sales
    17 July 2023, retail.economictimes.indiatimes.com
    The hypermarket chain operator reported an 18% YoY growth in revenue for the quarter to Rs 11,584.40 crore. The board has also given consent to offer employee stock options, subject to the approval of shareholders at the ensuing annual general meeting…
  • Marico aims to strengthen foothold in healthy foods and easy-to-cook segments in India, says Sanjay Mishra
    17 July 2023, retail.economictimes.indiatimes.com
    ​​On the overall brand expansion, Mishra said, “We see the tremendous capability in our food portfolio and plan to build it at an accelerated pace by picking categories with significant size tailwinds and look at proactively solving unmet consumer needs through differentiated offerings.”​​…
  • Pizza Hut to continue aggressive expansion spree, to focus on emerging smaller markets: Merrill Pereyra
    17 July 2023, retail.economictimes.indiatimes.com
    As part of the expansion, Pizza Hut is focusing on emerging markets in Tier II & III places, which now contribute 50 per cent of its business in India and aims to further harness the potential that exists here…
  • Global firms eye India entry via franchises
    17 July 2023, livemint.com
    International brands, spanning entertainment, hospitality, apparel and lifestyle, are set to foray into India via the franchise route, to capture a share of the ₹2,000-crore market within 12 months…
  • Marico food business to scale up to Rs 850 crore in FY24
    17 July 2023, retail.economictimes.indiatimes.com
    Home-grown FMCG firm Marico expects its food business to scale up to Rs 850 crore in FY24 in the domestic market, according to the company’s latest annual report. Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offerings, it said…
  • Retail milk prices may increase 4-5% in FY24: Crisil director Pushan Sharma
    17 July 2023, livemint.com
    Prices of retail milk are expected to go up 4-5% year-on-year in FY24 because of dairy processors fail to recover the cost, which has been hit throughout pandemic, especially during the second wave amid higher commodities prices pushing up fodder prices and weighing on milk productivity, Crisil director Pushan Sharma told Mint in an interview…
  • Surya Roshni targets double-digit growth in lighting & consumer durable biz this fiscal
    17 July 2023, retail.economictimes.indiatimes.com
    ​​ Surya Roshni, known for lighting products, has introduced several new products into the kitchen appliance categories, said Jitendra Agrawal, CEO of Lighting and Consumer Durables business of the company…
  • Tata Group in advanced stages to acquire Wistron’s Karnataka plant
    15 July 2023, retail.economictimes.indiatimes.com
    Tata Group is in talks to buy Wistron’s Karnataka manufacturing unit, which produces components for Apple products. The deal, conducted through subsidiary Tata Electronics, is expected to lead to the Indian conglomerate being the first company in India to assemble iPhones…
  • Prajakta Koli aka Mostly Sane on the creator economy
    15 July 2023, retail.economictimes.indiatimes.com
    Popular Youtuber and Actor Prajakta Koli aka Mostly Sane shares her thoughts on content creation, brand collaboration, and the rising creator economy in an interaction with ETRetail…
  • Eyes on big screen: Indians buying TVs pricier than cars
    15 July 2023, retail.economictimes.indiatimes.com
    In the first five months of the calendar year, while the overall TV category grew by 13% year on year, 65-inches and above TVs grew by 37%. These big screens now contribute 12% of the overall TV market in the country compared to 5% during pre-Covid times, according to GfK…
  • Starbucks is now a PAN India brand: Sushant Dash
    15 July 2023, retail.economictimes.indiatimes.com
    ​We will continue to expand into smaller markets. We are amazed by the kind of love that the brand has and the kind of numbers that we are doing in these markets…
  • Myntra launches program to accelerate Made in India D2C brands’ growth
    15 July 2023, retail.economictimes.indiatimes.com
    Myntra, an Indian e-commerce company, has launched a ‘Myntra Rising STARS’ programme to fast-track the growth and scale of 200 Direct to Consumer (D2C) Indian fashion and lifestyle brands. It allows brands to leverage Myntra’s brand-building expertise and achieve scale at an optimized cost, while improving their on and off-app visibility. The programme aims to ease pressures for Indian D2C brands in expanding their customer base and scaling due to resource constraints…
  • Sweetener Aspartame safe within advised limits: WHO
    15 July 2023, retail.economictimes.indiatimes.com
    On June 28, Reuters had reported that artificial sweetener aspartame could be declared a ‘carcinogen’ by WHO-backed IARC, leading to massive concerns among consumers…
  • Nothing Before Coffee plans to open 50 stores in India in next one year
    15 July 2023, retail.economictimes.indiatimes.com
    ​​The takeaway beverage specialty chain currently has over 40 stores across the country of which 10 outlets in 6 cities were added in the second quarter (Q2) of this year, Nothing Before Coffee shared in a media release…
  • Brightening economy raises Bajaj Electricals’ hopes
    15 July 2023, livemint.com
    Bajaj Electricals expects a rebound in demand for small home appliances, including fans, in the September quarter, a senior company executive said…
  • SmartDukaan raises $10 million in funding round
    15 July 2023, retail.economictimes.indiatimes.com
    The company aims to utilise the investment for franchise partnerships, enhancing the technology infrastructure and expanding their product portfolio along with talent acquisition, according to a company statement…
  • Retail India News: Voylla Expand Product Portfolio with Monthly Collection
    15 July 2023, indianretailer.com
    Voylla, a renowned fashion jewellery brand celebrated for its exceptional craftsmanship and continuous innovation, is introducing a new collection every second Sunday of the month…
  • The Power of Operating Model in Customer Experience
    15 July 2023, indianretailer.com
    In an era where customer expectations are constantly evolving, the ability to adapt and innovate is paramount for any business striving to thrive. Even though many companies understand the significance of offering excellent customer experience, numerous obstacles hinder their progress, causing them to struggle to deliver the desired experience…
  • Retail India News: Jaipur Rugs Collabs with Late Jocelyn Burton to Unveil Exclusive Silk Collection
    15 July 2023, retail.economictimes.indiatimes.com
    Jaipur Rugs, a prominent retail social enterprise in India, has partnered with the esteemed late Jocelyn Burton, an acclaimed silversmith and jewelry artist from Britain, to introduce limited-edition rugs, drawing inspiration from her exquisite creations…
  • SAYA GROUP INVESTS RS 100 CR TO DEVELOP STUDIO APARTMENTS IN GREATER NOIDA
    14 July 2023, rprealtyplus.com
    SAYA Group, NCR’s leading real estate developer, introduced ‘Biztop’the Business Suites, featuring fully furnished studio apartments at its project SAYA South X, Greater Noida West’s prominent commercial destination…
  • Swiggy acquires Chennai-based FMCG distributor Lynk
    14 July 2023, retail.economictimes.indiatimes.com
    Lynk works with FMCG brands as an authorised distributor to retail stores. Post-acquisition, Lynk will continue to operate as an independent business led by co-founder and CEO Shekhar Bhende…
  • Jubilant FoodWorks to invest Rs 750 cr capex in FY23; to open 220 Domino’s Pizza outlets, 35 Popeyes restaurants
    14 July 2023, retail.economictimes.indiatimes.com
    ​​Sameer Khetarpal, MD and CEO of Jubilant FoodWorks, said the pizza-chain plans to open 30 to 35 Popeyes restaurants in the current financial year to take the store count to 50. Currently, the number is 18. “In a year we are investing about Rs 200 to Rs 250 crore in building new factories and we are investing about Rs 500 crore in stores. Roughly Rs 700 crore to Rs 750 per annum on capital expenditure…
  • PVR reduces snacks prices after tweet of exorbitant popcorn bill goes viral, offers ‘bottomless popcorn’
    14 July 2023, retail.economictimes.indiatimes.com
    Cinema chain PVR Cinemas has introduced lower prices for drinks and snacks following criticism on social media regarding inflated costs. The move comes after a journalist highlighted the expense of an average-sized popcorn and Pepsi at a PVR Noida branch. In an attempt to address the issue, PVR said it would offer two promotions…
  • PepsiCo posts ‘high-single-digit organic revenue growth’ in Q2 in India
    14 July 2023, moneycontrol.com
    Global food and beverages major PepsiCo on Thursday said its Indian unit delivered a “high-single-digit organic revenue growth” in the second quarter of 2023…
  • Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down
    14 July 2023, retail.economictimes.indiatimes.com
    The company expects a “volume-led growth” in the domestic market and gains in market share by most of its products and increase spending in advertising & promotion (A&P), said Marico in its latest annual report…
  • Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
    14 July 2023, retail.economictimes.indiatimes.com
    U.S. shoppers have been waiting for the best possible deals and discounts as rising interest rates and food prices have led them to delay purchases of big-ticket items in recent months…
  • India’s retail inflation rises more than expected in June on higher food prices
    14 July 2023, retail.economictimes.indiatimes.com
    June retail inflation rose to 4.81%, higher than both the revised 4.31% for the previous month and the 4.58% expected in a Reuters poll of 55 economists…
  • Popeyes outlet opens in Hyderabad
    14 July 2023, thehindubusinessline.com
    Jubilant FoodWorks Limited, a foodservice company, has forayed into the Hyderabad market by opening Popeyes, the 50-year-old US fried chicken brand…
  • Omega, Rolex watch demand booms despite rising prices
    14 July 2023, retail.economictimes.indiatimes.com
    Swiss watch exports have continued to increase in 2023 after reaching a record of more than 24 billion francs ($28 billion) last year. Wait lists for the most in-demand timepieces are increasing and average selling prices are growing…
  • Tata and Reliance form a Partnership to take Indian Millet Forward
    14 July 2023, indianretailer.com
    Tata Soulfull, a rapidly growing brand in the retail sector specializing in millet-based packaged foods in India, has revealed its lead sponsorship collaboration with Reliance Retail for the upcoming Maha Millet Mela…
  • Retail India News: ZappFresh Expands into the Thriving South Market with Acquisition of Dr. Meat
    14 July 2023, indianretailer.com
    ZappFresh, a prominent direct-to-consumer (D2C) player in the meat delivery industry in India, is delighted to announce the acquisition of Dr. Meat, a renowned brand operated by Sukos Foods…
  • Retail India News: Kalyan Jewellers Expands Offline Presence with New Store in Patiala
    14 July 2023, indianretailer.com
    Kalyan Jewellers, a renowned and trusted jewellery brand in India, has announced its entry into Patiala with the opening of a new showroom on Bhupindra Road. The inauguration of the showroom will be graced by Bollywood actor Sonakshi Sinha on Saturday, 15th July, marking the company’s 7th showroom in Punjab…
  • Retail India News: O&O Beauty’s Conscious Empowerment in the Indian Beauty Scene
    14 July 2023, indianretailer.com
    O&O Beauty, a captivating makeup brand, is poised to make a significant impact in the Indian beauty industry. Founded by Mansi Agrawal, Pallavi Sharaff, and Sumedha Sharaff, three extraordinary women with diverse life experiences, this brand caters to a wide range of audiences in their 20s, 30s, 40s, and beyond…
  • Retail India News: MBD Group Celebrates 78th Founder’s Day
    14 July 2023, indianretailer.com
    MBD Group, a distinguished entity known for excellence, reliability, and expertise across various sectors in India and abroad including retail, celebrated its 78th Founder’s Day with unwavering spirit and enthusiasm…
  • Retail India News: Mother’s Recipe Ensures Stable Prices for Ginger Garlic Paste Despite Rising Ginger Costs
    14 July 2023, indianretailer.com
    India, the largest ginger-consuming country worldwide, has witnessed a significant increase in retail ginger prices, soaring from approximately Rs 100 per kilogram to Rs 250 within a week…
  • Retail India News: LYEF Wellness Emerges as a Leading Ayurvedic Brand, Expands into the US Market
    14 July 2023, retail.economictimes.indiatimes.com
    LYEF Wellness, an innovative player in the Ayurveda and holistic wellness industry, has achieved remarkable success since its launch in August 2022. In collaboration with Keraleeya Ayurveda Samajam, LYEF Wellness is committed to offering authentic Ayurvedic solutions and promoting holistic well-being…
  • USD 1.3 BN PE INVESTMENT IN INDIAN REAL ESTATE IN Q2 2023
    13 May 2023, rprealtyplus.com
    Private equity investment inflows into the Indian real estate sector stood at USD 1.3 billion (INR 104 billion), according to the latest report by Savills India, a global real estate consulting firm…
  • BPTP ASTAIRE GARDENS TOWNSHIP IN GURUGRAM OPENS DMART
    13 May 2023, rprealtyplus.com
    BPTP Astaire Gardens, the esteemed township project located in Sector 70A, Gurugram, recently announced the grand opening of DMart, the city’s largest store spanning across 1 acre…
  • Spencer’s Retail focusing on omnichannel growth; to open 10-15 stores
    13 May 2023, retail.economictimes.indiatimes.com
    The annual report highlighted that the company’s e-commerce subsidiary, Omnipresent Retail India Private Limited (ORIPL) has registered its first positive EBITDA at Gross Merchandise Value (GMV) of Rs 302 crore in 2022-23. The company saw a 7.6 times growth by ORIPL as compared to pre-COVID levels, led by the shift in consumer preferences in the shopping medium…
  • AnotEnergy drink Sting is now the fastest growing beverage for PepsiCo India
    13 May 2023, retail.economictimes.indiatimes.com
    Analysts said energy drinks’ sales are not limited to seasonality spikes unlike aerated soft drinks. Sting’s contribution during the December 2022 quarter, for example, was higher than its full year sales. Growth of aerated soft drinks in fact has declined by over 20% this year amid unseasonal rains in the peak summer quarter of April-June…
  • Big offline mobile retailers eyeing ONDC storefronts
    13 May 2023, retail.economictimes.indiatimes.com
    A pan-India retailer association met top ONDC officials to understand how the platform works, and how they could be a part of it. Discussions are still in the early stages…
  • Crorepati club in United Spirits, ITC & HUL rises by over a quarter in FY23
    13 May 2023, retail.economictimes.indiatimes.com
    At ITC, the number of crorepati employees jumped by 36% year on year to 257 in FY23 from 189 in the previous year. In HUL, 205 managers took home more than ₹1 crore in annual salary in FY23, up 25% from 163 in FY22. In the country’s largest alcobev firm United Spirit, 34 managers were in the ₹1-crore-plus bracket last fiscal. These companies have also passed on a double-digit hike to their top leadership last year…
  • Cinema industry welcomes lowering GST rates to 5 pc on food served in movie theatres
    13 May 2023, retail.economictimes.indiatimes.com
    F&B (food & beverages) are an important source of earnings for the cinema exhibition industry, specially for the multiplexes that earn up to 35 per cent of their revenues from this segment…
  • E-commerce platform Dealshare appoints Saurabh Kishore as CTO
    13 May 2023, retail.economictimes.indiatimes.com
    In his new role, Kishore will lead DealShare’s technology initiatives with a focus on driving innovation and enhancing the company’s tech infrastructure to deliver an exceptional user experience…
  • Zara owner boosts sustainability goals as fast-fashion feels the heat
    13 May 2023, retail.economictimes.indiatimes.com
    The world’s biggest fashion company estimates that by the end of the decade around 40% of its fibres would come from conventional recycling and 25% from sustainably farmed crops, Chief Executive Oscar Garcia Maceiras said at the company’s annual shareholders’ meeting…
  • ‘Household FMCG spending to touch ₹20k by mid-2025’
    13 May 2023, livemint.com
    Household expenses on fast-moving consumer goods (FMCG) grew 8% in the 12 months to 30 April, reaching an average of ₹17,792, according to data in the FMCG Pulse update by Kantar…
  • Promoters to sell up to 9% in Patanjali Foods via OFS
    13 May 2023, retail.economictimes.indiatimes.com
    The floor price for the offer has been fixed at ₹1,000, which is 18% discount to Wednesday’s closing price of ₹1,228. At the floor price, the OFS could fetch ₹3,260 crore for the promoters…
  • Domino’s partners with Uber for food orders
    13 May 2023, retail.economictimes.indiatimes.com
    The company said the agreement allows U.S. customers to order Domino’s products through Uber Eats and Postmates apps with Domino’s and its franchisees handling the delivery…
  • LG Electronics targets $77 billion sales by 2030, holds high hopes for vehicle components
    13 May 2023, retail.economictimes.indiatimes.com
    On Friday, LG Electronics estimated its second-quarter operating profit rose 12.7% from a year earlier to 892.7 billion won, its second-largest April-June quarter profit ever…
  • Lulu Mall in Hyderabad to be inaugurated next month
    13 May 2023, siasat.com
    Lulu Group, a renowned Indian Emirati-based multinational conglomerate company, is all set to open its latest mega shopping mall in Hyderabad. The shopping mall is expected to make a significant impact on the retail landscape of the city…
  • Retail India News: HomesToLife Expands Offline Presence with Franchise Stores in Delhi and Noida
    13 May 2023, indianretailer.com
    HomesToLife, the renowned Singapore-based premium furniture company, proudly announces its entry into the Indian market with the opening of franchise stores in Delhi and Noida…
  • Retail India News: Arzooo Unveils Arzooo Pro Finance
    13 May 2023, indianretailer.com
    Arzooo, India’s fastest-growing B2B Retail Tech platform, has announced the launch of its fintech service, Arzooo Pro Finance, with the aim of elevating the businesses of Consumer Durable retailers and enabling them to compete and scale to newer heights…
  • India’s retail inflation for June surges to 4.81%, economists expect it to rise further; Check details
    13 May 2023, livemint.com
    India’s retail inflation for June 2023 rose to 4.81 percent for, the first time in five months, which may erase a chance of a rate cut by the Reserve Bank this year…
  • Retail India News: Mackly Emerges as India’s Preferred Brand for Kids’ Innerwear with Remarkable Growth
    13 May 2023, indianretailer.com
    Mackly, a renowned brand in kids’ innerwear apparel, has experienced significant growth, solidifying its position as the most preferred brand for kids’ innerwear in India. The brand’s success can be attributed to its unwavering commitment to superior quality, trendy designs, and affordable prices, resonating well with customers and contributing to its remarkable achievements…
  • Retail India News: Looks Salon Celebrates Milestone with Grand Opening of Looks Prive
    13 May 2023, indianretailer.com
    Looks Salon, India’s leading salon chain, is delighted to announce the grand opening of its flagship salon, Looks Prive, in the prime location of Aerocity, Delhi. This momentous occasion marks a significant milestone for the brand as it celebrates the launch of its 200th salon…
  • FROM BYTES TO BITES: How AI is Transforming Food and Agriculture
    13 May 2023, indianretailer.com
    The world’s population is experiencing a rapid surge, and it is foreseen to approach a staggering 9.7 billion individuals by the year 2050. Consequently, this escalating growth has engendered a mounting apprehension regarding the ability to satisfy the escalating demand for sustenance, all while ensuring the vital aspects of food security and sustainability remain intact…
  • Retail India News: Himalaya Wellness Company tugs at the heartstrings with thoughtful campaigns
    13 May 2023, indianretailer.com
    Great advertisements tell stories we wish never ended. To draft such compelling narratives and execute them to fruition requires detailed knowledge of the aspirations of a target group…
  • Retail India News: The Sleep Company Expands Offline Presence in Indore and Jaipur
    13 May 2023, indianretailer.com
    The Sleep Company launched two new stores this week in Indore and Jaipur. With this milestone, the company now boasts an impressive network of 34 stores nationwide, further reinforcing its ambitious target of surpassing 100 stores across the country by year-end…
  • Retail India News: EMotorad Strengthens Omnichannel Presence with Exclusive Brand Experience Centres
    13 May 2023, indianretailer.com
    EMotorad, a leading manufacturer of electric bicycles and e-bike conversion kits, is bolstering its omnichannel presence with the launch of Exclusive Brand Experience centres in Delhi and Bengaluru…
  • Brands Like Swarovski in India: Exploring the Best Local Alternatives
    13 May 2023, indianretailer.com
    Swarovski, the Austrian brand known for its precision-cut crystal products, has been a symbol of luxury and elegance for many years. However, with the growing interest in local brands and the Indian market’s diversity, there is a notable emergence of alternatives in the crystals and jewelry industry…
  • Titan and Cerruti 1881 Join Forces to Redefine Luxury in the Indian Watch Market
    13 May 2023, indianretailer.com
    Cerruti 1881, the contemporary Parisian Fashion Luxury brand launches its watches in India, exclusively with Titan Company Limited…
  • Foodtainment: Redefining the ‘Food’ Biz in New Age Malls
    13 May 2023, irecwire.indianretailer.com
    As per a recent report, getting people into the mall with good food often means they’ll spend more. And, not just that transactions increase are much higher at malls that has quality food and beverage options…
  • GST on food and beverages at cinema halls cut from 18% to 5%
    12 July 2023, inshorts.com
    The GST Council has cleared the recommendation to reduce GST on food and beverages served at cinema halls to 5%, Chandrima Bhattacharya, Finance Minister of West Bengal, said on Tuesday…
  • Prestige Estates acquires DB Realty’s south Mumbai land parcel for Rs 704 crore
    12 July 2023, realty.economictimes.indiatimes.com
    DB Realty had initially planned to develop a 125-storey luxury hotel on the plot. The plan was later modified in favour of a luxury residential project with two towers, which remained a non-starter…
  • Experion Developers buys three Delhi-NCR plots in Rs 1,100 crore deal
    12 July 2023, realty.economictimes.indiatimes.com
    Among the acquisitions, a 4-acre land plot situated on Golf Course Road in Gurgaon was acquired for Rs 400 crore, while an additional 5-acre parcel in Noida’s sector 45 was for Rs 250 crore…
  • Ghaziabad: Builder of Mahagun Millennia digs up plot for mall’s basement, locals go to police
    12 July 2023, realty.economictimes.indiatimes.com
    Residents fear the pit, filled with water after recent rains, was leading to seepage and weakening the foundation of nearby buildings and their boundary walls…
  • Sanjiv Puri reappointed as chairman and MD by ITC board
    12 July 2023, retail.economictimes.indiatimes.com
    An alumnus of the IIT Kanpur, and the Wharton School of Business, USA, Puri was appointed as the whole-time director on the Board of ITC in 2015. He then became the CEO of the FMCG major in 2017 and was re-designated as the MD in 2018. He was also appointed as the Chairman in 2019…
  • Tata Group closes in on deal to become first Indian iPhone maker
    12 July 2023, retail.economictimes.indiatimes.com
    Tata Group, India’s largest conglomerate, is reportedly in talks to acquire the Wistron Corp factory in southern Karnataka state, which employs over 10,000 workers, including assembly workers for the latest iPhone 14 model. The deal of more than $600m could be completed in August. ..
  • Amazon sees tier 2 and beyond cities driving growth but metros leading in sales
    12 July 2023, retail.economictimes.indiatimes.com
    During last year’s prime day sale, the e-tailer saw 65 per cent of its growth coming from tier 2 and 3 cities. Sahi said that while tier 2 and beyond cities are bringing growth, a lot of revenue and sales are driven by tier 1…
  • ITC’s FMCG biz records 21 pc rise in annual consumer spend at Rs 29,000 cr in FY23
    12 July 2023, rprealtyplus.com
    ITC Limited measures annual consumer spend as the sum total of what the consumer spends on buying the goods of the company. It is the net sales turnover of the brands along with channel margins and taxes…
  • Focus back on growth over profitability; no consumption slowdown yet: Swiggy’s Rohit Gupta
    12 July 2023, retail.economictimes.indiatimes.com
    Kapoor, who was the global chief marketing officer at Oyo before joining Swiggy last August, told ET that both growth and profitability are significant for Swiggy, and the food business can expand by around 20% annually…
  • Footwear brand Attitudist aims Rs 100 crore annual sales by 2025
    12 July 2023, retail.economictimes.indiatimes.com
    The company, launched during the peak pandemic period in July 2020, clocked Rs 25 crore in two years after operations, and source products from small scattered handcrafted manufacturers…
  • Focussed on scaling up FMCG business: ITC
    12 July 2023, retail.economictimes.indiatimes.com
    RunwalITC Limited is looking to expand its FMCG business in categories having low household penetration to achieve long-term growth. It sees significant potential for expansion in the FMCG space, and its recent investments aim to build strong growth platforms. The company is exploring ‘value accretive’ acquisition, joint venture, and collaboration opportunities to accelerate growth and value creation…
  • Big gin makers double sales, take fight to small peers
    12 July 2023, retail.economictimes.indiatimes.com
    Big companies’ traditional gin brands, including Bombay Sapphire, Jaisalmer, Beefeater and Big Ben, regained market share in 2022 according to the IWSR Drinks Market Analysis report. Although newer entrants, such as Samsara and Stranger & Sons, increased sales by 50-70%, consumers turned to established companies with better infrastructure, production capabilities and quality control. ..
  • Result showing up in pricing actions: FMCG firms tackling divergent trends in commodity basket
    12 July 2023, financialexpress.com
    “This year is interesting versus last year when inflationary pressures were felt across the commodity basket,” says G Chokkalingam, founder and MD, Equinomics Research, a Mumbai-based firm…
  • Personal care startup Clensta raises Rs 75 crore in funding from Parineeti Chopra, others
    12 July 2023, retail.economictimes.indiatimes.com
    Direct-to-consumer personal care brand Clensta International has raised Rs 75 crore in its pre-Series B round of funding, led by TradeCred and co-led by the Royal Family of the UAE, a top company executive told ET…
  • Havells plans to foray into manufacturing for overseas brands
    12 July 2023, retail.economictimes.indiatimes.com
    Havells India, the manufacturer of fast-moving electrical goods, will venture into the electronic manufacturing service (EMS) or contract manufacturing space to produce appliances such as air conditioners and washing machines. The company has started manufacturing and designing air conditioners for global brands on a pilot basis for the Middle East and the US markets…
  • Retail India News: Curefoods Makes Strategic Investment in Millet Express to Promote Healthy Food Choices
    12 July 2023, indianretailer.com
    Curefoods, India’s leading F&B and cloud kitchen operator, has announced its strategic investment in Millet Express, a fast-growing brand dedicated to promoting healthy millet-based food products..
  • VTEX ties up with Retail Insights to strengthen its capabilities in India
    12 July 2023, expresscomputer.in
    VTEX has announced its strategic partnership with Retail Insights, a renowned name in advanced commerce solutions. The collaboration marks a significant milestone for both organizations, promising a wealth of opportunities for clients…
  • Retail India News: You Care Lifestyle Presents Exclusive Immunity Retail Event
    12 July 2023, indianretailer.com
    In India, the monsoon season brings an increased risk of illnesses and infections. Recognizing this, Luke Coutinho’s co-founded venture, You Care Lifestyle, has organized a special event focused on Immunity…
  • Retail India News: Dubai-based Premium Brand Endefo Launches Six Cutting-Edge Products
    12 July 2023, indianretailer.com
    Endefo, a renowned electronics and lifestyle brand based in Dubai, is delighted to announce the introduction of six state-of-the-art products in the Indian retail market. Emphasizing their unwavering commitment to delivering exceptional quality, Endefo presents three models of smartwatches…
  • Retail India News: KAZO Fashion Expands Offline Presence in South Bangalore
    12 July 2023, indianretailer.com
    KAZO Fashion, the iconic fashion brand renowned for its versatile designs and unmatched quality, recently inaugurated its new store in Forum Mall, South Bangalore…
  • With 100 pc rPET Bottles, Coca-Cola India Revolutionizes Packaging
    12 July 2023, indianretailer.com
    Coca-Cola India has taken a significant step towards promoting sustainability and environmental responsibility by launching bottles made from 100 percent recycled polyethylene terephthalate (rPET)…
  • Retail India News: Chumbak Launches Captivating Madhubani Art-Inspired Collection
    12 July 2023, indianretailer.com
    Chumbak, India’s renowned contemporary lifestyle brand famous for its vibrant and joyful designs, is excited to introduce its latest collection inspired by the enchanting Madhubani art…
  • Retail Store Layout Guide: Navigate Retail Success
    12 July 2023, indianretailer.com
    A well-planned retail store layout is essential for directing customers’ shopping paths, strategically placing products, and creating a comfortable shopping environment…
  • Retail India News: Perfora Launches Aluminium Handle Electric Toothbrush
    12 July 2023, indianretailer.com
    Perfora, the leading digitally native oral care brand in India, proudly presents a groundbreaking innovation in oral hygiene – the Aluminium Handle Electric Toothbrush…
  • Top 5 Brands Like Miniso in India
    12 July 2023, indianretailer.com
    For those who have discovered the joy of shopping at Miniso, finding a store with a similar vibe might seem challenging. Known for its variety of high-quality and stylish products ranging from beauty, electronics, household items, and even apparel, Miniso has set the bar high for competitors…
  • K RAHEJA REALTY CELEBRATES 67 YEARS LEGACY
    12 July 2023, rprealtyplus.com
    Known for building marvelous architecture, K Raheja Realty, a prominent name in India’s real estate sector joyfully commemorates its 67 years of legacy. The celebrations symbolize an extraordinary voyage of unparalleled distinction and groundbreaking advancements within the realty industry…