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Expansion

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,...

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...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

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...

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,...

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...

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 -...

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...

Croma eyes expansion in tier-2 towns in FY23

Croma plans to enter several non-metros including Tirupati, Cuttack, Jabalpur, Gorakhpur, Dharwad, Bikaner, Trichy, Ajmer and Kurukshetra among othersNew Delhi: Tata-owned Consumer durables and electronics (CDE) retail chain Croma plans to continue the rapid expansion it undertook in financial...

Cloud kitchen chain edabba’ plans to raise funds for expansion

The bootstrap start-up is in talks with investment bankers to value its net worth as the first step towards raising fundsKolkata: Kolkata-based cloud kitchen chain edabba' is in talks with investment bankers to value its net worth as the...

Croma infiniti-Retail to take up rapid expansion in next FY

The company recently launched its 300th store in Chennai, Croma has been expanding its footprint in Tier II and III towns  Chennai: Tata Group-owned Infiniti Retail which operates consumer electronics store chain under the 'Croma' brand has drawn up 'rapid expansion'...
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HUL to sell water purification business Pureit to AO Smith India

AO Smith Corporation expects to complete the acquisition of Pureit by the end of 2024New Delhi: Hindustan Unilever Ltd....
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