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Malls' growth in top cities to break records this year

Indian By 2026, the cities of Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region, National Capital Region and Pune will add 25 million sq ft of space, to the existing stock of 51 million sq ft, the report said...

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Gulfood 2023: Landmark MoU signed between Indian government and Lulu Group for millets export

India’s millet exports to the UAE can expect a boost in numbers after retail giant Lulu Hypermarket LLC and the Indian government agency Agricultural and Processed Food Products Export Development Authority (Apeda) signed a Memorandum...

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Phoenix Mills draws expansion plans for malls

Phoenix Mills will be expanding its retail and office assets. The company will be adding over eight million sq ft of space to its retail and office assets as demand for office gains momentum...

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Middle Eastern companies flock to J&K: Srinagar to house Emaar Mall

From shopping malls to food processing, Jammu & Kashmir is attracting the attention of foreign investors, especially from West Asian countries. A shopping mall of about 500,000 square feet in...

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Retail space demand to rise further, rents to surge 15% in 6 mnths: Experts

Retailers Association of India says retail market size is expected to touch $2 trn by 2032; also, retail sales surpassed pre-pandemic and grew by 19% in 2022...

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Hyderabad absorbs 2.1 lakh sq ft mall space in H2 CY22: CBRE

The Indian retail sector is recovering, and we anticipate that it will continue to gain momentum through 2023: Chairman Anshuman...

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Oberoi BHUMIKA GROUP, TO LAUNCH PHASE II OF URBAN SQUARE MALL IN UDAIPUR

The second phase will feature a range of retail shops with 3 more anchor tenants, a food court, restaurants and an entertainment zone, offices, a 5-star hotel with...

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Leasing of retail space in Kolkata grew by 80% last year

KOLKATA: Leasing of retail space in malls, high street and standalone stores picked up in Kolkata in the latter half of last year to record 18 lakh sq ft in 2022,...

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Top 11 listed retailers, QSRs opened 12 stores/day in '22

These firms - Reliance Retail, Aditya Birla Fashion and Retail (ABFRL), D'Mart, Trent, Tata Starbucks, Titan, Jubilant FoodWorks, V Mart, Shoppers Stop, Westlife Foodworld, and Burger King - added 4,583 outlets last year, increasing their combined store network to 28,064...

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Top 20 Apparel & Fashion Companies in India 2023

Currently, learning about India top 30 clothing and textile firms, as well as the top 25 fashion labels, is not difficult. If you live in an urban area, you can find several renowned Indian and international fashion brands by visiting a mall. Here are the top 20 Fashion companies:...

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Prestige Estates Projects' net profit up 75% in Q3 FY23

Prestige Estates Projects' consolidated total revenue stood at Rs 2,347.50 crore in Q3 FY23, a growth of 74.22 per cent from Rs 1,347.40 crore it recorded in the similar quarter of the last year...

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Over 55% of small-town residents preferred online shopping for gifts, clothing and footwear : Survey

About 60-65% of city centre residents prefer to shop online for gifts, cosmetics, clothing and footwear along with essential items (grocery & toiletries), according to a survey by CBRE India. However, more than 55% of...

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Retail Q3FY23 earnings review: A subdued quarter; premium, luxury outperform value segment

The global brokerage firm Phillip Capital in its Retail Q3FY23 result review report noted that the top 15 companies across various sectors, including apparel, footwear, innerwear, electronics, and grocery, witnessed a 22% YoY revenue growth, which came...

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For retail sector in T.N. to grow, experts call for sector-specific policy

As chain stores, home-grown brands and national brands now have a big presence in T.N., experts say a cohesive State policy that focuses on ease of doing business, ease in raising capital and tech-centric growth is the need of the hour..

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Demand for gold jewellery picks up after Budget

Joy Alukkas, Malabar Gold & Diamonds and Senco Gold & Diamonds said customers had held back on purchases expecting a cut in import duty on gold in the budget,...

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Fashion and apparel industry lead India’s retail space consumption: Report

In a quick recovery from the pandemic-induced slump, the fashion and apparel industry have been front runners in pushing retail space occupancy across India, claims a CBRE report...

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