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V-Mart Retail

High-quality display frames help highlight products, attract footfalls: CEO Archana Engineering

Established in the year 2004, Archana Engineering has been manufacturing, supplying and exporting an impeccable range of display stands, poster frames and accessories used in supermarkets and retail outlets. Their range of products is admired for high quality and...

Future Forecast: Retail industry expects growth in second half of 2020

As economic slowdown continues to hurt sales, the Indian retail industry expects to bounce back in the second half of 2020 on the back of consumer demand revival and increased spending according to a report in PTI. While major players struggled to keep themselves...

Massive Store Closures: Retail Apocalypse or Repositioning of Retail?

The Retail Industry is going through a massive transformation globally. With changing preferences, way consumers shop has drastically evolved over the past few years. Today, shoppers demand experiences and smart brands are making an honest effort to provide them...

CEOs take on the future of fashion retail in India

The Indian fashion retail industry is considered as one of the fastest developing sectors of the country as it continues to take giant steps towards becoming organised. However, the success of the fashion retail market is completely dependent on...

CEO Vision 2030: Innovation and sustainability is the key to success

The Indian Retail Industry is considered as one of the fastest developing sectors of the country as it continues to take giant steps towards becoming organised. The sector is rated as one of the pillars of the Indian economy...

Festival sales dip 40 pc in retail stores, footfall down 60 pc

As a consumption slowdown grips the economy, even festival season sales (September-October) have taken a massive hit this year, with sales down around 40 per cent compared to a year-ago period. The Secretary General of the Confederation of All India...

V-Mart to hire 2,000 people; invest Rs 115 cr for 60 new stores, back-end support in FY20

Value fashion and lifestyle products retailer V-Mart Retail would hire 2,000 people and invest Rs 115 crore this fiscal to expand its footprint, a top company official said. According to a PTI report: The retailer, which mainly operates in tier-II...

V-Mart clocks 25 pc y-o-y revenue growth, 34 pc EBITDA growth

V-Mart Retail, India’s leading value fashion retailer, announced its audited financial results for the first quarter of FY20. For the first quarter, the company reported net revenue at Rs 4,530 million, up 25 percent year-on-year from Rs 3,612 million....

Retailers formatting their way to success

The concept of retail began with the evolution of human civilisation. It started with barter system and took the form of commodities being sold over the counter. However, over the last 100 years as modern retail came into being,...

India Inc reacts to easing of local sourcing norms in single brand retail

Finance Minister Nirmala Sitharaman on Friday presented her maiden budget and the first of the Modi Government in its second term. She announced that FDI inflows into India have remained robust despite global headwinds. “Global FDI flows slid by 13 percent...
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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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