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Try & Buy Fashions raises US $1 million from Venture Catalysts

Venture Catalysts has announced a pre-series A round of funding worth US $1 million in the world's first real-life virtual trial room, Try & Buy Fashions. According to a ANI report: Backed by prominent influencers from the industry including Muralikrishnan...

How grand brand launches pave way for a successful retail journey

Imagine a brand achieving a sale amounting to Rs 5 crore in just 12 hours from its launch. No, we are most certainly not making this up. This happened at Phoenix Marketcity, Bengaluru. The brand in discussion here is...

Xiaomi opens its first Mi Home experience store in India

Smartphone brand Xiaomi on Wednesday opened its first ever Mi Home Experience Store in India. According to a ANI report: Being the first experience store and 25th Mi Home store by Xiaomi, the store will be located at Level 1,...

To Re-Lease or Not to Re-Lease: Understanding the dynamics and nuances

It isn’t uncommon to see new brands or existing brands shuffling space in malls every few months. We speak with experts on the reasons for the same and the results being achieved by this… The Need to Reshuffle Yogeshwar Sharma, CEO...

Xiaomi ships more smartphones in India, Samsung says still the leader

The smartphone market in India grew by a modest 6 per cent overall in the fourth quarter of 2017, with Xiaomi leading with shipments close to 8.2 million units, followed by Samsung at over 7.3 million smartphones, Singapore-based research...

100 pc FDI In Single-Brand Retail: Apple, Chinese companies could turn big beneficiaries

Tech giant Apple and Chinese handset makers like Xiaomi and Oppo could turn out to be big beneficiaries of Government allowing 100 per cent FDI in single brand retail under automatic route, say analysts. According to a PTI report: Setting...

With Rs 34,300 crore revenue, Samsung undisputed market leader in India

After registering 27 per cent growth in mobile business revenue for the financial year 2016-17 -- touching a mammoth 34,300 crore -- Samsung has once again become the leader in the highly competitive and price-sensitive Indian market. "Samsung continues to...

Xiaomi to set up more plants in India to add capacity

Xiaomi India, popular for its smartphone brand, has plans to set up more plants and add capacity to manufacture phone and products in other categories. The company currently has three manufacturing plants -- two for phones in Sri City, Andhra...

Gionee eyes spot in top 5 smartphone tally in India by March

Handset maker Gionee aims to secure a spot in the top 5 tally in the Indian smartphone market by March next year as it expands its product portfolio and strengthens retail presence in the country. According to a PTI report:...

Xiaomi shares top slot with Samsung in India

Buoyed by strong sales in the run-up to Diwali, Chinese smartphone player Xiaomi has for the first time shared the top slot with South Korean giant Samsung in the Indian smartphone market, with a market share of 23.5 per...
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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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