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Daewoo India eyes Rs 500 cr revenue by FY27; plans to launch over 100 products

The company said its expansion strategy also includes a state-wise roll-out, prioritising key regions in northern and southern parts of the countryNew Delhi: Korean brand Daewoo on Tuesday said it has set the target of achieving a revenue of...

Swiss Military aims to dominate the Indian market, targets 10,000 retail touchpoints in 3 years

The multi-product retailer is planning a major push into offline retail, aiming to launch shop-in-shops and exclusive brand outlets across India Bengaluru: Swiss Military, a global lifestyle brand with a 30-year legacy, is targeting major growth across India, aiming to reach...

Reliance Retail forms a joint venture with Israel’s innerwear co. Delta Galil form 

Through the joint venture with Reliance Retail, Delta Galil will expand its presence in India and establish an apparel innovation platform focused on the Indian market.New Delhi: Reliance Retail and Israel-based innerwear company Delta Galil Industries, has formed a...

Rise in value-seeking customers, key FMCG sectors face tampering of growth: Report

A large section of customers across sectors reported that replacement purchases would be a significant driver for purchases in FY25New Delhi: Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth,...

Hisense India Appoints Pankaj Rana as CEO

Rana will be responsible for expanding the customer base, strengthening the brand’s presence and overall growth of the companyNew Delhi: Consumer electronics and home appliances company Hisense India has appointed Pankaj Rana as its new Chief Executive Officer (CEO),...

Retail boom in sacred cities driven by a surge in spiritual tourism

Growing tourism is attracting retail brands to establish a footprint in these potential market  New Delhi: Retail chains are capitalising on the growing trend of spiritual tourism across more than a dozen cities in India, according to the latest report.The 14 cities include Amritsar,...

Asus opens India’s first hybrid store at Nashik

The new Asus store brings a Pegasus and ROG setup under one roof New Delhi: Consumer electronics major Asus has opened its first hybrid Pegasus and Republic of Gamers (ROG) store in Nashik, a release by the company said on...

Bollywood star Ranveer Singh invests in Boat

Singh has invested an undisclosed amount in Boat, becoming a key stakeholder New Delhi: Bollywood star Ranveer Singh has invested in the fast-moving electronics goods (FMEG) brand Boat, a release by the company said earlier this week. With the investment, Singh has...

Samsung opens maiden company-owned store outside Korea in BKC

The store is spread over 8,000 sq. ft. on the second floor of the Jio World CentreNew Delhi: Consumer electronics giant Samsung on Tuesday opened its first company-owned store outside South Korea in the Bandra Kurla Complex (BKC) business...

Apple-devices only exclusive store Tribe by Croma opens at Mehsana

The newly launched store will be the second in Gujarat after Ahmedabad New Delhi: Consumer electronics retail chain Croma’s exclusive Apple-only store Tribe by Croma has launched its new store at Mehsana, Gujarat, a social media post by a company official...
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Japan’s largest furniture and home-furnishing retail chain Nitori to open first India store in December

Nitori is targeting 3,000 global stores by 2032 and achieve a sales target of approximately Rs 1.65 lakh crore...
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