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Marks & Spencer India to speed up expansion amid global headwinds

The company has plans to open one store a month in India and will focus on strengthening the home category, launched recently, which includes kitchen, bathroom, bedding and home accessories Kolkata: The Indian arm of the British multinational retailer Marks &...

Reliance Retail plans to enter into salon business; acquire stake in Naturals

New Delhi: The country’s largest retailer Reliance Retail is planning to enter the salon business by acquiring a 49 per cent stake in Chennai-based Naturals Salon & Spa, according to sources. Reliance Retail, part of oil-to-chemicals conglomerate Reliance Industries, is...

Reliance to open Tory Burch pop-up in Mumbai

A year after opening the first Tory Burch outlet in New Delhi, Reliance Brands Ltd will roll out a pop-up store of the high-end US label in Mumbai next week. The 800-sqft Tory Burch pop-up store will be launched...

SEBI nod, BSE ‘no-adverse-observation’ given to Reliance-Future deal

Market regulator SEBI gave a go-ahead on Wednesday to Future Group's scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its "no adverse observation" report to the Rs 24,713-crore deal. The Securities and Exchange Board of...

Reliance to integrate JioMart with WhatsApp

According to a report by daily Mint, Reliance backed Jiomart may be embedded into WhatsApp in six months' time to allow consumers to order on the popular messaging app itself. The Mint report cited two officials aware of the development. Reliance,...

Rajasthan: An emerging modern retail destination with local flavors

The state of Rajasthan, also known as the ‘Land of Kings’ is gradually on its way to becoming a powerhouse of modern retail in India. The economy of Rajasthan is the seventh-largest state economy in India with ₹10.20 lakh...

Despite RIL's fundraising, VC investments in India fall 21 pc to US$ 28.9 bn in Jan-Sept: Report

Despite the US$ 11.7 billion raised by Reliance Industries Ltd (RIL) through stake sales, venture investments in 2020 have declined by a fifth to US$ 28.9 billion till September, consultancy firm EY said in a report on Thursday. Since mid-March,...

Reliance accounts for 40 pc of PE investments

Investments in Jio Platforms and Reliance Retail account for more than 40 percent of private equity and venture capital investments in 2020 between January-September. According to the IVCA-EY PE/ VC roundup, the January-September period recorded investments worth US$ 28.9 billion...

Digital transformation of Indian retail

Indian retail is undergoing a rapid transformation propelled by several factors such as rising household incomes, increased consumerism, e-tailing, favourable demographics, and easy credit availability. Though we have experienced phenomenal growth over the past decade, share of organised retail...

RIL to now focus on monetization with 'commerce layer'

In the next four years, Reliance Industries Limited (RIL)'s focus would be to add a third ‘layer of commerce’ and monetize the existing investments across different formats. According to a research report by BofA Securities, in the last 4 years,...
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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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