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Black Friday weekend saw 24% GMV surge for e-commerce brands

The average order value (AOV) also increased by 8%, largely driven by beauty products, which saw a 26% AOV increase.New Delhi: E-commerce brands in India experienced a 24% surge in sales during the Black Friday weekend compared to the previous...

E-commerce firms should respect law of land: Goyal

Addressing an event in Mumbai, Goyal said the country's foreign direct investment (FDI) norms are clear for the e-commerce retail and these companies should stick to the rule of the lawNew Delhi: Commerce and Industry Piyush Goyal On Tuesday...

Kerala’s popular coconut products brand KLF Nirmal targets 300cr by FY26

The company is looking to broaden its value-added product offerings by launching new coconut-based categories, such as instant food items, fragrances, and personal care productsBengaluru: Kerala-based 80-year-old legacy brand KLF Nirmal is a trusted name for coconut oil and coconut-based...

D2C brands see 64% surge in festive orders, outperforms marketplaces: GoKwik

Major marketplaces of the Indian e-commerce ecosystem ran their biggest festive sales starting from 25 September till Dussehra. New Delhi: D2C brands have outpaced marketplaces during the recent sale period, recording a 64% growth in orders from last year, compared...

71% Indians indicate a sentiment to shop online this festive season: Report

The report indicates that nearly 50% of respondents planning to shop online would spend more on festive shopping this year compared to last yearBengaluru: As many as 71% of Indian consumers indicate a sentiment to shop online this festive...

Will protect aspirations of 100 million small retailers, mom-and-pop stores: Goyal

The minister had last month stated that e-commerce companies are eating into the small retailers' high-value, high-margin products that are the only items through which the mom-and-pop stores surviveNew Delhi: Commerce Minister Piyush Goyal on Wednesday said that the...

P N Gadgil Jewellers set to float IPO, aims to be the largest jewellery retailer in Maharashtra

The IPO, scheduled from 10 to 12 September, has a total size of Rs 1,100 crores, with Rs 850 crores allocated to a fresh issue Bengaluru: Maharashtra-based jewellery retailer P N Gadgil Jewellers Ltd. will be listed on the country's bourses—National...

Financing platform Velocity announces ₹400 cr festive season fund for D2C brands

The capital will help D2C brands prepare for the demand surge in upcoming festive season sales New Delhi: Financing platform Velocity has earmarked ₹400 crore to support the financing needs of D2C and e-commerce brands in the upcoming festive season...

Brands could lose $20-$30 billion in revenue to returns by 2025: Report

The report finds that Maharashtra has the highest return rate in India, followed by Karnataka, Delhi, Uttar Pradesh, and Haryana, with Kerala having the lowest return rate Bengaluru: Returns are a huge problem in e-commerce. They can go as high as...

Brand trust trumps discounts and reviews for over 67% of shoppers: Survey

Resale value is the least influential factor at 15%, followed by recommendations from friends at 26% and product affordability at 30% Bengaluru: As many as 67% of consumers prioritise trusted brands when purchasing new products or services online in the past...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant

The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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