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Aditya Birla Group launches Louis Philippe brand in UAE, to expand presence in ME region

Besides, 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 New Delhi: Louis Philippe, a premium menswear...

Reliance Retail $3-4 billion funding: Canadian pensions, Japanese conglomerates, Gulf funds line up in droves to invest

Reliance Retail could raise about $3-4 billion by shedding around 3-4% stake in RRVL in the fresh round as the company looks to retire its debt and make the country’s largest retailer virtually debt-free before a possible initial public...

Arzooo unveils home appliances platform Gostor.com

Gostor.com will bring online consumers to 30,000 offline retailers while catering to more than 15,000 pin codes and bridging the gap between digital and retail shopping Bengaluru: Retail tech platform Arzooo has launched Gostor.com, a home appliances platform that integrates offline and...

Parle Products collaborates with IBM to drive digital transformation using cloud and AI

Since its first association with IBM in 2014, Parle has been able to bring operational efficiencies by leveraging the cloud and AI capabilities of IBM Consulting Bengaluru: Indian food processing company Parle Products has expanded its collaboration with tech company...

Omnichannel pet care brand Zigly to expand in tier 2 cities

With experience centres launched in Lucknow, Indore and Noida, Zigly aims to tap into these emerging pet care markets as part of its growth plan to achieve 2X expansion by 2024 Mumbai: Cosmo First Ltd-owned tech-enabled omnichannel petcare brand Zigly...

How Boat rocked India’s market for audibles, wearables

Sameer Mehta co-founder of Boat on the remarkable story of a company that started selling mobile phone chargers and later evolved as a leader in audibles and wearables boasting a Rs 4,000 annual turnover In 2016, Sameer Mehta and Aman...

KKR to invest Rs 2,069 cr in Reliance Retail to hike stake to 1.42%

After this investment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL), the holding company of the retail business of billionaire Mukesh Ambani-led RIL, will increase to 1.42 per cent from 1.17 per cent New Delhi: Global investment firm KKR will...

New supply of retail space in shopping malls to rise 43% by 2027 in top 7 cities: JLL India

The operational retail stock as of H1 2023 in the top seven cities (Delhi-NCR, Mumbai, Pune, Bengaluru, Kolkata, Chennai, and Hyderabad) stands at 89 million square feet as of June-end this year New Delhi: New supply of retail real estate...

Apparel brand Rare Rabbit opens 6 stores in one month

The recent openings were at Guntur, Andhra Pradesh; Forum Mall, Kochi; Bombay Bazaar, Meerut; Mall of The Millennium, Pune; Sector 17, Chandigarh and Mall of Ranchi, Jharkhand Mumbai: Omni-channel menswear brand Rare Rabbit has opened six outlets in the last...

The Growing Chemistry Between D2C Brands and Shopping Centres

Looking at the success of D2C brands that have made a noticeable splash in the offline space, it is hard to ignore the success story of Nykaa, Pepperfry, Firstcry etc. From the new age standalone brands, we have the...
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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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