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Shoppers Stop

Shoppers Stop celebrates 26 fashionable years

Fashion retailer Shoppers Stop celebrates its 26th anniversary on Friday. And to celebrate this occasion, Shoppers Stop will give customers the chance to personalize and customize select products purchased. The brand will also be organising styling workshops, in-person make-up...

Shoppers Stop reports Q2 net loss of Rs 21.80 crore

Retail chain Shoppers Stop has reported a standalone net loss of Rs 21.80 crore for the second quarter ended September 30 on account of lower sales and exceptional loss. According to a PTI report: The company had posted a net...

Park Avenue consistently out-performing growth forecast for 2 years now

Park Avenue has capitalized on the surge in market growth in the innerwear category and has gone beyond its basic product portfolio. The new, trendy range of offerings from the brand – which is powered by Raymond – are...

Future Retail executes SPA for Hypercity Retail acquisition

Future Retail said it has executed share purchase agreement (SPA) with Shoppers Stop for its Rs 655 crore acquisition of Hypercity Retail in stock-and-cash deal. According to a PTI report: Last week, Kishore Biyani-led Future Retail Ltd (FRL) had announced...

Shoppers Stop exits duty-free airport retail business

Shoppers Stop said it has exited from the duty-free airport retail business after disposing of 40 per cent stake in Nuance Group India, which operates stores at the Bengaluru International airport. According to a PTI report: Nuance Group India Pvt...

Shoppers Stop may sell Hypercity to Future Retail for Rs 700 crore

Raheja Group’s multi-brand fashion retailer Shoppers Stop Ltd on Saturday announced selling 5 per cent of its equity share (43.96 lakh shares) of Rs 5 face value to e-tail giant Amazon.com at Rs 407.78 per share, aggregating to Rs...

Shoppers Stop sells 5 per cent equity stake to Amazon.com for Rs 179.26 crore

Raheja Group's multi-brand fashion retailer Shoppers Stop Ltd on Saturday announced selling 5 per cent of its equity share (43.96 lakh shares) of Rs 5 face value to e-tail giant Amazon.com at Rs 407.78 per share, aggregating to Rs...

Partnership with Amazon to help Shoppers Stop tap customers

The partnership with e-commerce major Amazon would help Shoppers Stop tap customers from non- metro markets and scale up its financial performance, a top official of the Mumbai-based retailer said. According to a PTI report: The partnership would allow Shoppers...

Shoppers Stop enters commercial arrangement with Amazon India

Retail major Shoppers Stop said it has entered into a commercial arrangement with Amazon India to sell its products on the latter's marketplace. Shoppers Stop, in a BSE filing, said there is no separate monetary consideration other than the mutual...

Convergence enters Indian retail space as offline online retailers swap positions: India Retail Report 2017-18

Convergence is name of the game in the Indian retail arena with e-commerce companies with online presence increasingly opting for offline or brick-and-mortar presence while brick-and-mortar retailers opting for online presence as part of functioning as an Omnichannel brand. According...
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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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