today's retail news
Fashion & Lifestyle
Apparel Group’s fashion brand R&B opens outlet in Calicut
The latest store, located at Gokulam Galleri Mall, will be the 2nd store of the brand in Calicut and 10th in India
Mumbai: Retail fashion brand, Rare and Basics (R&B), owned by Apparel Group, has opened its latest outlet at Gokulam...
Big Grid
Is there a sustainable alternative to ‘organic’?
While organic is trendy and sold at a premium, retailers have a bigger opportunity in alternatives to organic food products like residue-free and safe-to-consume products
Mumbai: The popularity of organic and environment-friendly produce has been rising in India. More than...
Fashion & Lifestyle
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...
Consumer Durables & IT
Vu targets Rs 1,000 crore revenue in FY24; will stress on growing profitably: Chairperson Devita Saraf
PTI -
Saraf said the company wants to grow profitably and made it clear that it will not chase market shares if it is not sustainable
Mumbai: Home-grown premium TV set player Vu Televisions is aiming for a double-digit growth in revenues...
Fashion
Celio India outlet reopens in Navi Mumbai
The store is located at Inorbit Mall, palm beach road in Vashi
Mumbai: Menswear brand Celio has reopened its outlet in Mumbai, the company announced on social media. The store is located at Inorbit Mall, palm beach Road in Vashi.
IndiaRetailing...
FMCG
Bikaji Foods International acquires 49% stake in Bhujialalji
Subsequent to the acquisition, Bhujialalji Private Limited will become an associate to the company
Mumbai: Bikaji Foods International Ltd. has acquired a 49% stake and 396 Compulsorily Convertible Debentures (CCDs) in Bhujialalji Pvt. Ltd., an upcoming company in the ethnic...
Big Grid
Tepid business is forcing fashion brands to cancel orders, delay deliveries from suppliers
Several fashion and lifestyle brands report a 10% to 20% decrease in business in the last three months compared to the same months last year as consumers cut down discretionary spends
Mumbai: Fashion brands across the board are reporting tepid...
E-Commerce
7 areas every eCommerce business should focus on
eCommerce is an extremely competitive space. Paying attention to these key areas will help businesses drive growth and offer a superior customer experience
In 2022, the online seller base in India has grown by 35% year-on-year, according to a recent...
Fashion & Lifestyle
Citykart Pvt. Ltd. launches its store in Uttar Pradesh
Spread across 11,274 sq. ft. on three floors, the store is located opposite the District Hospital in Sultanpur, UP
Mumbai: Value fashion retailer Citykart Pvt. Ltd. has inaugurated its latest store in Sultanpur, Uttar Pradesh, the company announced in a press release...
Finance and Funding
5% global minimum tax to come into effect next year: OECD
PTI -
The OECD said that till date, around 50 jurisdictions have taken steps to implement the global minimum tax.
New Delhi: Global minimum tax of 15 per cent will come into effect from next year and by 2025 almost 90 per...
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Latest News
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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