Expansion
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Honasa Consumer plans to raise Rs 400cr from IPO
PTI -
Honasa will spend the proceeds on offline expansion, bringing more brands to the market and on acquisitionsNew Delhi:Â IPO-bound Honasa Consumer Ltd, which owns new age FMCG brands such as Mamaearth and The Derma Co, expects to raise Rs 400...
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Kalyan Jewellers records profit of Rs 144 crore in Q1FY24
The jewellery retailer’s revenue witnessed a growth of 31% to Rs 4,376 crore as against Rs 3,333 crore in the corresponding quarter of the financial year 2023
Bengaluru:Â Indian jewellery brand Kalyan Jewellers has recorded a consolidated profit after tax (PAT)...
Fashion & Lifestyle
Reliance Retail to roll out value fashion brand Yousta; plans 250 stores
The new format will compete directly with Tata Group’s Zudio and Shoppers Stop’s IntuneNew Delhi: Reliance Retail is planning to roll out 200-250 stores of its value retail format in the coming years that will compete directly with Tata...
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Toys”R”Us reopens its first Indian store in Hyderabad
The new store is located at Sarath City Capital Mall, Hyderabad, the same location where it opened its first physical store four months ago with Ace Turtle but shut down within 24 hours of launchBengaluru: American toy and clothing...
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Pallavi Mohadikar is jewellery brand Palmonas’ new co-founder and CEO
In her new role, Mohadikar will drive business expansion and help strengthen the brand’s market presence
New Delhi: Demi-fine jewellery brand Palmonas has appointed Karagiri’s Pallavi Mohadikar as its co-founder and CEO, the company announced in a release.In her new role,...
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Footwear brand Khadim launches its 225th store in West Bengal
Located at Metropolis Mall, Highland Park, the new store is part of the company’s strategic retail expansion to reach out to a large demographic of consumers residing in the Southern EM Bypass and its fringesBengaluru: Homegrown footwear retailer Khadim...
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Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down
PTI -
Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its productsNew Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...
Fashion & Lifestyle
We will add at least 10 more stores this year, says Afsar Zaidi of HRX
An interaction with Afsar Zaidi, Co-founder HRX, the celebrity fitness brand which was introduced by Hrithik Roshan HRX (Hrithik Roshan Extreme) was strictly an online brand until last year. It offers a range of products including t-shirts, track pants, jackets,...
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Online food chain Salad Days enters Bengaluru
The food tech brand aims to launch three cloud kitchens in Bengaluru followed by others over the next few monthsBengaluru: Online cloud kitchen chain Salad Days has expanded its presence to Bengaluru, the company said in a press release...
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Personal care brand Herby Angel plans 5X distribution expansion in FY23-24
The retailer is targeting to expand its network to about 150 distributors by the end of FY24
Bengaluru: Homegrown personal care and nutrition brand Herby Angel plans to expand its distribution network by 5X by the end of FY (fiscal year) 2023 -...
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Blue Dart launches integrated logistics hub in Delhi
By fortifying freight movement and providing robust multimodal connectivity, the 2.5 lakh sq ft facility also aligns with the...
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