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Future Group may buy Snapdeal’s logistics arm Vulcan Express

Kishore Biyani-led Future Group is in initial stage of discussions to buy Snapdeal’s logistics arm — Vulcan Express — for about Rs 50 crore as the former looks to strengthen its supply chain business, according to multiple sources close...

Looking Ahead: 2018, The Year of Omnichannel Retail

As we stand on the cusp of a new year, and we think back on the year that is gone, we realize that the predicted retail apocalypse never came. And we wonder why. Sure, at least a dozen international...

Future Group to be among top 10 global fashion companies by FY19: Kishore Biyani

Retail conglomerate Future Group, which owns fashion chains like Big Bazaar, Brand Factory and Central, will be among the top 10 global fashion companies selling about 35 crore garments by FY2019, group CEO Kishore Biyani said. According to a PTI...

Future Supply Chain garners Rs 195 crore from anchor investors ahead of IPO

Future Group’s logistics arm Future Supply Chain Solutions said Tuesday it has garnered Rs195 crore ahead of its initial public offering (IPO) that opens on Wednesday. According to a PTI report: The Future Supply Chain IPO saw allocation of over...

Future Supply Chain aims at raising Rs 650 cr via IPO, to dilute 24.4 per cent stake

Future Supply Chain Solutions, the logistics arm of the Kishore Biyani-led Future Group, said the promoters and PE investor Griffin will together sell 24.43 per cent to raise up to Rs 650 crore through the initial public offer that...

Online retail sector has a threat from physical retail models: Kishore Biyani

Future Group CEO Kishore Biyani said the much-believed burgeoning online retail sector in India has a threat from physical retail models like Big Bazaar and Easyday, owing to low business share and high cost of business of the former. According...

Future Group to open 10,000 member-only Easyday stores; eyes Rs 1.5 trillion opportunity by 2022

Leading retail chain Future Group plans to open 10,000 member-only Easyday stores to make it a Rs 1.5-trillion business opportunity by 2022. According to a PTI report; The retail chain has unveiled a 30-year vision, Retail 3.0, by when it...

Food CEOs interact with PM; appreciate GST, FDI liberalisation

Various CEOs of global food processing and related companies on Friday interacted with Prime Minister Narendra Modi and appreciated the government's structural reforms and initiatives like GST and the liberalization of the FDI regime in India. An official statement said...

Future Lifestyle Fashion Q2 net rises 3.23 pc to Rs 30.28 crore

Future Lifestyle Fashion Ltd (FLFL), part of Kishore Biyani-led Future Group, has reported a 3.23 per cent increase in consolidated net profit at Rs 30.28 crore for the quarter ending September 30. The company had posted a net profit of...

Why supermarkets are on a shopping spree

The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their...
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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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