retail business news

India leads globally in developing DPIs, driving societal transformation through inclusive digital adoption and substantial contributions to the Indian economyNew Delhi: Digital public infrastructures like Aadhaar, UPI and FASTag generated a value of $31.8 billion in 2022, contributing 0.9%...

Under this partnership, Baccarose will offer Alexandre.J’s distinct collections like The Collector, Art Deco and Art Nouveau to Indian consumersNew Delhi: Mumbai-based luxury beauty brand Baccarose has announced the introduction of Alexandre.J, a French luxury perfume brand to the...

The retail major has partnered with ingenuity to facilitate its foray into the American market New Delhi: Aditya Birla Fashion and Retail Ltd. (ABFRL) will partner with Ingenuity, a commerce solution provider, to support the launch of its brand, Jaypore,...

The e-commerce company has plans to transition its delivery fleet to electric vehicles by 2030 New Delhi: E-commerce in India is at a nascent stage and cost structure of logistics is the biggest challenge for the segment, a top official...

Tier 3 shoppers were the biggest contributors to the orders during this sale period with nearly half of all the orders New Delhi: D2C brands witnessed a 12.72% increase in sales during the Republic Day sale week as compared to...

Round comes after they raised Rs 12 crore as Pre-Series A led by Saama Capital in Feb 2023 New Delhi: Delhi-based D2C home care brand Koparo has raised a funding of Rs 5.2 crore from 4P Capital Partners and Rs 70...

The app witnessed 63 million downloads from 1 October to 31 December 2023 New Delhi: Bengaluru-based e-commerce platform Meesho is India's most downloaded shopping application with 63 million downloads between 1 October to 31 December 2023, as per a report...

Chennai Metro Rail has become the first metro service to be available on the ONDC NetworkNew Delhi: Open Network for Digital Commerce (ONDC) an initiative by the Department for Promotion of Industry and Internal Trade (DPIIT), has launched ticketing...

Currently, Ikea is operating stores in Hyderabad, Mumbai and Bengaluru and is investing around Rs 7,000 crore to enter the National Capital Region with two stores in Gurugram and NoidaNew Delhi: Swedish furniture retailer IKEA is looking at the...

Growth in licensed brands and e-commerce channels accelerated revenue New Delhi: Watchmaker Timex Group has reported double-digit growth with continuous growth momentum in the Q3 FY23-24, a release by the company said. The quarter saw a revenue growth of 11% over the...