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Consumer Durables & IT
Vu targets Rs 1,000 crore revenue in FY24; will stress on growing profitably: Chairperson Devita Saraf
PTI -
Saraf said the company wants to grow profitably and made it clear that it will not chase market shares if it is not sustainable
Mumbai: Home-grown premium TV set player Vu Televisions is aiming for a double-digit growth in revenues...
Fashion
Celio India outlet reopens in Navi Mumbai
The store is located at Inorbit Mall, palm beach road in Vashi
Mumbai: Menswear brand Celio has reopened its outlet in Mumbai, the company announced on social media. The store is located at Inorbit Mall, palm beach Road in Vashi.
IndiaRetailing...
People
Triumph appoints Ankur Damani as Commercial Director India and Sri Lanka
Damani will spearhead efforts to help the company achieve three-fold growth in the coming years. He will be responsible for overseeing annual revenue and P&L driving Triumph's next chapter of growth in India and Sri Lanka.
Mumbai: Swiss intimate apparel...
FMCG
Bikaji Foods International acquires 49% stake in Bhujialalji
Subsequent to the acquisition, Bhujialalji Private Limited will become an associate to the company
Mumbai: Bikaji Foods International Ltd. has acquired a 49% stake and 396 Compulsorily Convertible Debentures (CCDs) in Bhujialalji Pvt. Ltd., an upcoming company in the ethnic...
Big Grid
Tepid business is forcing fashion brands to cancel orders, delay deliveries from suppliers
Several fashion and lifestyle brands report a 10% to 20% decrease in business in the last three months compared to the same months last year as consumers cut down discretionary spends
Mumbai: Fashion brands across the board are reporting tepid...
E-Commerce
7 areas every eCommerce business should focus on
eCommerce is an extremely competitive space. Paying attention to these key areas will help businesses drive growth and offer a superior customer experience
In 2022, the online seller base in India has grown by 35% year-on-year, according to a recent...
Fashion & Lifestyle
Citykart Pvt. Ltd. launches its store in Uttar Pradesh
Spread across 11,274 sq. ft. on three floors, the store is located opposite the District Hospital in Sultanpur, UP
Mumbai: Value fashion retailer Citykart Pvt. Ltd. has inaugurated its latest store in Sultanpur, Uttar Pradesh, the company announced in a press release...
Finance and Funding
5% global minimum tax to come into effect next year: OECD
PTI -
The OECD said that till date, around 50 jurisdictions have taken steps to implement the global minimum tax.
New Delhi: Global minimum tax of 15 per cent will come into effect from next year and by 2025 almost 90 per...
Big Grid
We aim to have 100 stores by the end of FY2024: Ashmeer Sayyed, DaMensch
Ashmeer Sayyed, the chief retail officer of menswear brand DaMensch, on the online-first brand's offline presence, store USP and expansion strategy
Mumbai: In June 2023, online to offline men’s clothing brand DaMensch released a teaser on its official LinkedIn...
Fashion & Lifestyle
Fashion e-commerce brand Styched acquires Shark Tank India 2 Fame D2C brand Flatheads
The deal, structured as an all-equity transaction, represents Styched's foray into the footwear segment
Mumbai: Styched, an online youth fashion brand, has acquired Flatheads, a direct-to-customer (D2C) online casual sneaker startup that gained fame on Shark Tank India season 2,...
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Latest News
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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