retail business news
Fashion & Lifestyle
Apparel Group’s fashion brand R&B opens 3rd store in Ahmedabad
The store is situated at Shahibaug, AhmedabadNew Delhi: Fashion brand Rare and Basics (R&B), owned by Apparel Group has launched its new store in Ahmedabad, wrote the retail conglomerate Apparel Group India on social media. Situated at Shahibaug, the...
In Focus
Marks & Spencer India head Ritesh Mishra quits
Mishra leaves after a 13-year stint with Marks and Spencer Reliance India, where he rose through the ranks from manager merchandising to Managing Director
New Delhi: Â Ritesh Mishra, managing director of Marks & Spencer (M&S) in India, has quit the...
Beauty & Wellness
mCaffeine introduces Employee Stock Ownership Plan for its employees
The initiative will allocate 10% of the brand's shares to deserving employees
New Delhi: Personal care brand mCaffeine has announced Employee Stock Ownership Plan (ESOP)Â which will allocate 10% of its shares to deserving employees, as per a press release...
Food & Grocery
Madras Mandi’s wastage is below 5%, thanks to technology: CEO Prashanth Vasan
Prashanth Vasan, chief executive officer at Madras Mandi on how the farm-to-table omnichannel retailer uses technology to achieve efficiencies that surpass industry standards and benefit over 2000 farmers
New Delhi: Madras Mandi was established in 2020 with the goal of...
Latest News
Paytm to invest Rs 100 cr in GIFT City
PTI -
New Delhi: Fintech firm One97 Communications, which owns Paytm brand, plans to invest Rs 100 crore in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem, the company said on Wednesday.The company will make the investment...
Fashion
The Souled Store partners with Simpl, strengthens e-commerce presence
PTI -
The partnership will help the fashion brand in minimising transaction failures, cash-on-delivery transactions and reducing product returns
New Delhi: Fashion brand The Souled Store has partnered with fintech startup Simpl to strengthen its e-commerce platform to provide an enhanced experience...
Finance and Funding
Stellaris Venture Partners sells Honasa Consumer shares worth Rs 141 cr
PTI -
New Delhi: Investment firm Stellaris Venture Partners on Monday sold shares of Honasa Consumer for Rs 141 crore through an open market transaction.The Bengaluru-based Stellaris Venture Partners, through its affiliate Stellaris Venture Partners India I, divested 1 per cent...
In Focus
Retail brands make a beeline for Ayodhya
A host of national and international brands including Zudio, Westside, Pantaloons, Starbucks and Domino’s Pizza are scouting for real estate in Ayodhya to open stores to capitalise on the city's potential as a thriving tourist and pilgrim centreNew...
Fashion
Fashion brand Unirec raises Rs 1.5 crore in seed funding
The fund will help the brand in market expansion, research, and development for the creation of innovative and sustainable fabricsSustainable fashion brand Unirec said it has secured Rs 1.5 crore ($190,000) from BeyondSeed, a leading Singapore-based seed fund, in...
E-Commerce
E-commerce platforms can’t become haven for counterfeiters: Delhi HC
PTI -
New Delhi: An e-commerce platform cannot become a haven for infringers of intellectual property and have such a system which provides an avenue to counterfeiters, the Delhi High Court has said.The court observed that e-commerce websites are commercial ventures...
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Latest News
Location AI startup GeoIQ unveils footfall & site analysis feature
GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with...
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