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FMCG demand likely to recover in second half of FY23: report

Demand for fast moving consumer goods is expected to recover in the second half of the current financial year, said analysts...

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What is pulling world's ultra-luxury brands to India?

Luxury brands are chasing growth in India, as well-heeled shoppers and local partners with deep pockets throw up opportunities in the market...

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Grabbing the digital consumer: Hyperlocal marketing and the local F&B business

It is a great time to be a food and beverage (F&B) business as more people are choosing to eat and drink outside. Right from the nearby quick-serve, to an international franchise, ...

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Blue Dart sets up 25 retail outlets in Tier-I, II towns

These stores have opened in Uttarakhand, Haryana, Uttar Pradesh, Rajasthan, Punjab, West Bengal, Odisha, Telangana, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Goa, and...

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Blackstone-backed Nexus files for $500 million IPO in India's 1st retail REIT public offer

As per the sources, Nexus Select Trust has on Thursday filed the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) and is looking to...

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As shoppers return, retailers open more stores

Large retailers, including Aditya Birla Fashion and Retail Ltd, and Devyani International, plan to continue to open stores at a brisk pace through the rest of the fiscal...

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Organised jewellery retailers to outperform the industry on store expansions and market share gains, expect 20% YoY revenue growth in FY2023: ICRA

According to Kaushik Das, vice president and co-group head at ICRA, “While the jewellery sector has recorded healthy sales in the Dussehra and Diwali season, factors like high domestic inflation,...

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Footwear sales hint at a shift in taste

Relaxo Footwear, which is primarily into affordable category slippers, sandals and sports & casual shoes posted its worst performance in the last 10 quarters, dragged down by high...

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Indian Appliances & Consumer Electronic industry to double to Rs 1.48 lakh crore by 2025

India has become one of the fastest growing ACE markets in the world and is also emerging as an alternative manufacturing destination of China and other South East Asian countries,...

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Global luxury sales set to hit record this year, study says

"Consumption is back at pre-crisis levels, but it is also a rebirth, since there is a new consumer base that is younger, and some pockets of consumers that have been unlocked during...

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Festive sales: A mixed bag for consumer durables

The recently-concluded festive season has been somewhat chaotic for consumer durables and appliances manufacturers. No two companies agree on the performance of the sector...

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Pacific to Build 1.5 M sq. ft. Mall in Jaipur India

Pacific Development Corp is planning to build a 1.5 million sq. ft. mall in Jaipur. Once completed, it would be the largest mall in Rajasthan...

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Tatas to open 'beauty tech' stores for cosmetic products, in talks with foreign brands

India's Tata Group is planning to open at least 20 "beauty tech" stores where it will use virtual makeup kiosks and digital skin tests to get young, affluent shoppers to buy...

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How 5G can become a game changer for e-commerce

The advent of 5G, with lower latency and exponential speeds, will revolutionise online shopping and help e-commerce realise its full potential...

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Retail sales in October increased 19% over pre-pandemic levels: RAI

“The removal of pandemic-related restrictions has resulted in all-round growth of retail businesses across regions and categories,” commented Kumar Rajagopalan, CEO, RAI adding...

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Brigade Enterprises posts Rs 51.75 crore profit in Q2 FY23

The company's net consolidated income stood at Rs 912.19 crore in Q2 FY23, a growth of 17.54 per cent from Rs 776.08 crore it recorded in the similar quarter last year...

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