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Retail stocks rejoice as Sensex turns into five figures

There could not have been a better beginning for November at Dalal Street than today. The market brought cheers to investors as the 50-share index Sensex added 549 points to its previous close of 9,788 to settle above the...

Sensex bounces back, Retail stocks join bandwagon too

Positive sentiments with like global cues this Friday. Result: Benchmark index of BSE, Sensex, gains 743 points, a much needed flier to blur the bleak picture of ongoing financial turmoil. Nifty too added 188 points to its previous close...

Raymond’s ‘Be Home’ opens in Delhi

Apparel major Raymond, as part of its aggressive expansion spree, has opened its Delhi store of the newly launched retail chain Be Home. The store has been opened with an investment of around Rs 300 million and will retail products...

Retail stocks nosedive as hide & seek continues at Dalal Street

After two consecutive days of green and cheers, the bears are back with a bang on Dalal Street. While the BSE Sensitive Index or Sensex shed 674.28 points, the fifty share index Nifty shut shop at 3,338.40, down 180...

Gatsby enters Middle East market

Chennai-based fashion brand Gatsby Collection has announced its entry into the Middle East market by opening a new exclusive outlet in Oman. "We are delighted to make our first foray into the Middle East market with Oman as our launch...

Megamart to retail footwear and lifestyle electronics

Megamart, the large-format retail chain of Arvind Brands, is widening its products portfolio by adding footwear, watches, lifestyle electronics and luggage. “We are planning to start a shop- in- shop format by March, and are in talks with leading brands...

Madura Garments play the sub-branding field full throttle

Firms take branding very seriously – but only a minority see themselves as brand wizard. After creating ripples in the ready-to-wear market with brands like Allen Solly, Van Heusen and Louis Philippe, Madura Garments, a subsidiary of AV Birla...

Raymond extends into ready-to-wear

Announcing its debut into the readymade garments market, textile major Raymond has launched Raymond Finely Crafted Garments (Raymond FCG), its new readymade garments brand. “For the first time, we are bringing our 80-year-old brand Raymond into the ready-made garment segment....

Dell justifies roping in retailers

The founder of Dell, world’s second biggest personal computer maker, Michael Dell, faced analysts for the first time today since taking back the top job at Dell Inc and cited the roping in of retailers as reason for highest...

Textiles mills going into losses according to study

High interest rate, wage cost and rising value of rupee against dollar has sent small textile companies into losses with big brands striving to save their declining bottom-lines, says a study. The net profit of the top ten textile companies...
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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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