Expansion
Fashion & Lifestyle
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...
FMCG
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,...
Food Service
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...
D2C
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 -...
Fashion & Lifestyle
Pantaloons on an expansion spree, opens four outlets in 2 weeks
The clothing department store Pantaloons opened its latest outlets at Aerohub in Chennai and at VIP Road in Surat in GujaratNew Delhi: Aditya Birla Group-owned department store chain Pantaloons opened two stores this week, one at VIP Road at Surat in...
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Chandni Chowk Wedding Festival draws 1.56 million visitors at Omaxe Chowk
More than 75 brands across fashion, jewellery, and lifestyle from Chandni Chowk and Omaxe Chowk came together for the...
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