latest retail news and updates
Retail
Retailers witness 7% sales growth in 2023 as compared to last year: RAI
In categories, Food and Grocery and Footwear reported a growth of 15% each followed by jewellery (14%) and Sports Goods (13%) as compared to sales levels in June 2022
Mumbai: Sales in June 2023 showed a moderate growth of 7%...
Consumer Durables & IT
Vu targets Rs 1,000 crore revenue in FY24; will stress on growing profitably: Chairperson Devita Saraf
PTI -
Saraf said the company wants to grow profitably and made it clear that it will not chase market shares if it is not sustainableMumbai: Home-grown premium TV set player Vu Televisions is aiming for a double-digit growth in revenues...
Fashion
Celio India outlet reopens in Navi Mumbai
The store is located at Inorbit Mall, palm beach road in Vashi
Mumbai: Menswear brand Celio has reopened its outlet in Mumbai, the company announced on social media. The store is located at Inorbit Mall, palm beach Road in Vashi.
IndiaRetailing...
People
Triumph appoints Ankur Damani as Commercial Director India and Sri Lanka
Damani will spearhead efforts to help the company achieve three-fold growth in the coming years. He will be responsible for overseeing annual revenue and P&L driving Triumph's next chapter of growth in India and Sri Lanka.Â
Mumbai: Swiss intimate apparel...
Fashion & Lifestyle
Citykart Pvt. Ltd. launches its store in Uttar Pradesh
Spread across 11,274 sq. ft. on three floors, the store is located opposite the District Hospital in Sultanpur, UP
Mumbai: Value fashion retailer Citykart Pvt. Ltd. has inaugurated its latest store in Sultanpur, Uttar Pradesh, the company announced in a press release...
Big Grid
We aim to have 100 stores by the end of FY2024: Ashmeer Sayyed, DaMensch
Ashmeer Sayyed, the chief retail officer of menswear brand DaMensch, on the online-first brand's offline presence, store USP and expansion strategy Mumbai: In June 2023, online to offline men’s clothing brand DaMensch released a teaser on its official LinkedIn...
Beauty & Wellness
Gifting brand Archies partners with beauty and wellness brand MCaffeine
The partnership aims to provide optimal product awareness and promotion among users
Mumbai: Archies, a gifting brand and skin care and wellness brand, MCaffeine has joined hands to enhance the gifting experience of their joint customer base, the company announced...
Fashion
Shoppers Stop’s value format Intune opens outlet in Mumbai
Intune launched its first store in Hyderabad on 2 June 2023
Mumbai: Department store chain Shoppers Stop’s fashion format store, Intune has opened its new outlet in Mumbai, a company official announced on social media.
It is located at Lodha Xperia...
Beverages
Nothing Before Coffee opens 10 outlets, announces expansion plan
The outlets are located at various prominent locations such as Hyderabad, Raipur, Ajmer, Kota, Alwar, New Delhi-Krishna Nagar, and Gurugram. It plans to open more than 50 stores in India over a 12-month period
Mumbai: Nothing Before Coffee (NBC), a...
Beauty & Wellness
New beauty brand O&O Beauty enters the market
The brand launched a makeup range encompassing blushes, serum lipsticks, highlighters, eye shadow sticks, glow blush and complexion sticks
Mumbai: O&O (One and Only) Beauty is has entered the Indian burgeoning Indian beauty market, the company announced in a press...
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Latest News
Pepe Jeans eyes smart technology solutions to improve CX: Satish Karunakaran
Satish Karunakaran, Director, Transformation sheds light on the denim brand’s future tech implementations, approaches to data handling, security initiatives,...
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