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Metro Brands reports YOY growth of 12% for Q1 FY 2023-2024

Compared to the pre-covid era, Metro Brands has witnessed a substantial growth of ~82% Mumbai: Metro Brands Limited, an Indian footwear speciality retailer, achieved standalone revenue of Rs 556 crores, representing a growth of 11.7% over the previous year with...

Samsung eyes 50% market share in India’s super premium segment with Fold 5, Flip 5

Super premium smartphone segment comprises handsets priced above $1,000 (about Rs 82,000)Seoul: Korean electronics major Samsung expects its new foldable devices Galaxy Fold 5 and Galaxy Flip 5 will enable it to capture half of the super premium smartphone...

Ice-cream chain Naturals opens outlet in Maharashtra

The outlet is located at Marol, Andheri east area in MumbaiMumbai: Mumbai-based ice cream chain Naturals expands its retail horizon with the launch of its latest outlet in Maharashtra, the company announced in a press release. The outlet is...

Lok Sabha passes bill decriminalising Legal Metrology Act

This represents a significant milestone in the functioning of retail businesses in India, as the bill removes criminal penalties for certain Acts, such as the Legal Metrology Act and Food Safety Act, and streamlines minor offences Mumbai: The Lok Sabha...

How grocers can hire and retain workers amid an unprecedented labor landscape

According to the Bureau of Labor Statistics, there were 67 unemployed workers for every 100 job openings in November 2021. Many of the people who have left the workforce are mostly lower-wage workers seeking jobs that are raising wages...

Myntra announces Khushi Kapoor and Vedang Raina as the faces of FWD

As part of this association, the actors will be seen in a campaign film, playing the role of effortless trendsetters Mumbai: Myntra, a fashion, beauty and lifestyle e-commerce platform has onboarded Bollywood actors Khushi Kapoor and Vedang Raina as the...

Louis Vuitton becomes most searched luxury brand in all US states

Florida is the United States' most luxury-obsessed state, with almost  3,000,000 searches for luxury brands monthlyMumbai: Global fashion brand Louis Vuitton topped the list by becoming the most searched luxury brand in all the states of USA, CoolFrames, the...

Amazon’s first floating mini fulfilment centre on Dal Lake in Kashmir

Murtaza Khan Kashi, owner of houseboat Selec Town, will deliver packages every day to customers at the doorstep of their houseboats as part of the onboardingNew Delhi: Amazon India on Thursday said it has onboarded the first ever floating...

Retail leasing experience growth across categories: Anarock Retail

In the first half of the calendar year 2023, retail leasing witnessed a moderate rise over last year Mumbai: According to Anarock Retail, retail leasing experienced growth across categories in the first half of calendar year (H1CY) 2023 as compared...

Colgate-Palmolive India Q1 profit up 30.5%, sales up 10.8%

Its sales were up 10.8% to Rs 1,314.73 crore during the quarter under review as against Rs 1,186.59 crore of the corresponding quarter a year agoNew Delhi: FMCG major Colgate-Palmolive India Ltd on Wednesday reported a 30.52% increase in...
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E-commerce a challenge for direct selling industry’s growth: IDSA

IDSA is negotiating with the government to control the digital marketing sites so that direct selling products are not...
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