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Phoenix Mills officially announces opening of the Mall of the Millennium

Spread across 16 acres and encompassing over 12 lakh sq. ft. of gross leasable area, it is located in the key consumption centre of West Pune in Maharashtra Mumbai: The Phoenix Mills Limited (PML), retail mall developer and operator, has...

Stanley Lifestyles files initial papers with Sebi for IPO

The IPO comprises fresh issuance of equity shares worth Rs 200 crore and an OFS component of 91.33 lakh equity shares by the company's promoters New Delhi: Furniture brand Stanley Lifestyles has filed its preliminary papers with capital markets regulator...

Rajasthan’s Bhumika Group enters Delhi NCR

Spanning across an area of five acres, the high street project is strategically positioned with approximately two acres of frontage along Mathura Road New Delhi: Rajasthan’s retail real estate developer Bhumika Group is launching its latest high street commercial project on...

Forum Mall makes its debut in Kerala

Built with an investment of 700 crore, the new mall is spread over a total area of 6.5 lakh sq. ft. and is the company’s first mall outside Bengaluru Bengaluru: Real estate developer Prestige Group has launched the first Forum Mall...

Are department stores still relevant to malls?

Are department stores still the heroes in a mall? Do they still have a significant impact on the success of a shopping mall as they did at the peak of their popularity? We ask some leading shopping centre players New...

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...

Indian Domestic Garment industry anticipates 20% surge in festive retail sales: CMAI

According to CMAI, there is optimism surrounding the forthcoming festive season as the demand for apparel is anticipated to be robust despite current challenges Mumbai: According to the Clothing Manufacturers Association of India (CMAI) the Indian apparel market has grown by between 15-20%...

Rareism opens outlet at Oberoi Mall

Spanning 800 sq. ft., the store was launched on 10 July 2023 Mumbai: Oberoi Mall at Goregaon in Mumbai announced the launch of the latest outlet of women’s fashion brand Rareism at its premises. Spanning 800 sq. ft., the store opened...

Fashion brand Beyoung clocks revenue of Rs 150 crore

The company aims to reach Rs 500 crore in annual recurring revenue by 2026 Bengaluru: Udaipur-based fast-fashion brand Beyoung has clocked a revenue of Rs150 crore within five Years of its inception, the company said in a press release on Wednesday....

Oberoi Mall gets a Chaayos

The latest Chaayos outlet is located at Oberoi Mall, Goregaon (east) in Mumbai, Maharashtra Mumbai: Oberoi Mall, Goregaon has announced the opening of the latest outlet of tea cafe chain, Chaayos at its premises. The 500 sq. ft. outlet is...
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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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