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Luxury fashion brand Prada relaunches beauty line

Prada has launched makeup and skincare ranges via a licensing agreement with French cosmetic conglomerate L'Oréal Bengaluru: Italian luxury fashion house Prada reentered the beauty segment this week with the launch of makeup and skincare ranges via a licensing agreement with French...

Aditya Birla Group’s hospitality arm acquires rights for four restaurant brands

Aditya Birla New Age Hospitality (ABNAH) has acquired the rights for restaurant brands: Hakkasan, Yauatcha, Nara Thai and CinCin New Delhi: Aditya Birla Group on Tuesday said its hospitality arm Aditya Birla New Age Hospitality (ABNAH) has acquired the rights...

Bill Gates-funded US skincare brand Biossance enters India

Biossance has launched in the country with 14 products and as a launch offer, customers will get a travel-sized squalene with Vitamin C Rose Oil worth Rs 2,920 with every purchase New Delhi: Berkeley-based Bill Gates funded skincare brand Biossance has...

Retail Tech Case Study: Decathlon India boosts shopping experience, increases efficiency by 15%

Long queues at its in-store checkout counters were impacting Decathlon’s business. Here’s how the sports retail chain used technology to not only achieve faster checkouts but also increase store efficiency New Delhi: Founded in 1976 by Michel Leclerq, France-based sporting...

Shiprocket SHIVIR 2023: Nurturing eCommerce Businesses of the Future

Scheduled to be held on 4 August 2023 at Pullman Aerocity, New Delhi, Shiprocket SHIVIR promises to offer unparalleled opportunities for knowledge-sharing and networking In the last decade, India has witnessed an unprecedented boom in digital commerce, transforming business operations...

Retail Tech Case Study: How Chaayos improved customer retention by 20%

With the help of generative AI, tea chain Chaayos was able to improve customer retention, increase revenue and enhance the experience New Delhi: Founded in November 2012 by Nitin Saluja with a passion to experiment with tea, Chaayos is a contemporary...

Qatari fund in talks to invest $1 bn into Reliance Retail at $100 bn valuation

The Qatar Investment Authority (QIA) is “considering” to pick a minority 1% stake in holding firm Reliance Retail Ventures Ltd  New Delhi: Qatar’s sovereign fund is planning to invest $1 billion into Reliance Retail, valuing India’s largest retailer at a...

Retail Tech Case Study: How Apparel Group India managed to grow its e-commerce sales by 30%

In addition to growth in sales, the Apparel Group was also able to achieve 12-14% increase in ‘add to cart’ rate, among other benefits, thanks to finding the right tech-implementation partner New Delhi: Covid-19 compelled several companies to turn their focus...

Shoppers Stop Q1 profit down 36% to Rs 14.5 crore

Revenue from operations in the first quarter of this fiscal was at Rs 993.61 crore, up 4.76 per cent against Rs 948.44 crore in the year-ago period New Delhi: Retail chain Shoppers Stop on Monday reported a 36.5 per cent...

Swiggy announces 2nd tranche of $50 million ESOP liquidity programme

In 2021, Swiggy committed to a 2 year ESOP liquidity programme for 2022 and 2023 and the first tranche of $23 million was announced in June 2022 New Delhi: On-demand convenience platform, Swiggy on Monday announced the second tranche of...

How AI is transforming eCommerce logistics

Artificial Intelligence is transforming several critical functions of eCommerce logistics to bring significant improvements in efficiency, accuracy, and cost-effectiveness New Delhi: “The more we can use robots to complete repetitive or distant tasks in highly predictable, structured environments, the more...

Reliance Retail Q1 net profit climbs 19% to Rs 2,448 crore

The company, a part of billionaire Mukesh Ambani-led Reliance Industries Ltd, had posted a consolidated net profit of Rs 2,061 crore in the same quarter of the last fiscal New Delhi: Reliance Retail on Friday reported a 19 per cent rise...

Louis Vuitton launches its India e-commerce site

The premium brand is offering bags, jewellery, watches, perfumes, accessories, shoes and apparel with a personalization service on its India website New Delhi: French luxury fashion house Louis Vuitton (LV) on Wednesday has launched its e-commerce site in India in a...

Bata India positive about growth outlook amid short-term headwinds

Bata achieved several milestones in FY'23, including crossing the 2,000 store milestone for the first time and expanding the Sneaker Studios concept Kolkata: Geopolitical concerns and doubts about inflation may continue to impact consumer sentiment in the short term, said Bata...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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