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Uniqlo plans to add 6 stores in NCR in 2-3 years

The Japanese fashion brand Uniqlo is in talks with developers including Ikea’s sister concern Ingka, Brahma Bestech and Pacific Group for leasing spaces in their malls New Delhi: Uniqlo is planning to expand its store network in the national capital region...

H&M opens store at Vegas Mall

The new store will cater to the customers in Dwarka suburbs who otherwise had to travel to nearby Gurugram to shop at H&M New Delhi: H&M has opened a new store in Vegas Mall in Dwarka, the ninth store in the...

IKEA India’s revenue for FY22 jumps 73% even as losses widens 12% to Rs 900 crore

IKEA is in an investment phase in India and parent Ingka Group had in September infused Rs 600 cr into the India subsidiary New Delhi: IKEA India Pvt Ltd reported its net loss widened 12% to Rs 901 crore for the...

Techie opens Sweden's first unmanned store

Thirty-nine-year-old Robert Ilijason, an IT specialist has opened a 24-hour convenience store with no staff and no cashier. Customers simply use their cellphones to unlock the door with a swipe of the finger and scan their purchases - all...

Swedish security firm eyes Dubai retailers

A Swedish video firm providing security has on its sights the business sectors in Dubai involving retail, transportation, aviation, education and financial sectors as they feel consumers are now accepting technology to ensure security in daily activities. Axis Communications, a...

Wal-Mart eyes Malaysia

American retail giant Wal-Mart has evinced interest in opening its chain in Malaysia which though Southeast Asia’s third largest economy saw decline in foreign direct investment. “Wal-Mart has shown interest and is keen to open stores in Malaysia,” deputy trade...

Volvo cars in India

Volvo Cars India, a subsidiary of Swedish car maker Volvo Corporation, has announced its entry into the Indian car market. The company will launch its sedan S80 and a sport-utility vehicle, XC90, by next month. The cars will be sold...
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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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