ONLINE NEWS

• 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…