Retail India
Latest News
Snapdeal’s FY23 consolidated loss narrows to Rs 282 crore
PTI -
As per the company's RoC filing, the total income fell to Rs 388.1 crore in FY23, from Rs 563.5 crore in the previous fiscal (FY22)New Delhi: Snapdeal has seen its consolidated loss after tax narrow to Rs 282.2 crore...
In Focus
AI, diversity, inclusion will take centre stage in 2024: Indeed survey
PTI -
New Delhi: Employees and employers geared up to adopt artificial intelligence at the workplace, with 59 per cent of employees very confident in their ability to adapt and utilise AI tools, says a survey.According to an Indeed survey, going...
Fashion & Lifestyle
Cinnamon Closet: Pioneering growth in women’s western wear with innovative designs
Cinnamon Closet is a women’s western wear brand that has been steadily growing since its inception in 2017, catering to the evolving customer needs of new-age womenNew Delhi:  The brainchild of Vinita Choudhary, Cinnamon Closet is a purely bootstrapped...
In Focus
Retail sector set for 10-13% growth in 2024
PTI -
Network expansion, a strong uptick in demand for premium brands, increasing traction for value brands in smaller cities and general elections will be among the key drivers for the retail sector, which is also moving from being just a...
Latest News
Gem, jewellery exports dip by 4.52% in Nov to Rs 19,018 cr: GJEPC
PTI -
Exports stood at Rs 19,917.73 crore (USD 2437.53 million) during November 2022Mumbai: The overall gem and jewellery exports witnessed a on-year decline of 4.52% in November to Rs 19,018.180 crore (USD 2,263.34 million), GJEPC said on Friday.Exports stood at...
E-Commerce
Meesho posts first-ever profitable quarter in FY24; loss dips to Rs 141 crore in first half
PTI -
New Delhi: Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated profit after tax in the second quarter ended September 2023.The company did not disclose the amount of profit it earned in the July-September...
Latest News
Voyage Eyewear appoints Sahil Sharma as director of marketing
Sharma will be responsible for driving the brand's marketing strategies and expanding its reach on a local and global scaleNew Delhi: Voyage Eyewear, a direct-to-consumer (D2C) brand offering luxury sunglasses, announced in a press release that it has appointed...
Speciality Retail
Lenskart opens first store in Riyadh, Saudi Arabia
The company forayed into the Middle East market in the year 2021 with its start in Dubai
New Delhi: Gurugram-based eyewear retail chain Lenskart has opened its first flagship store in Riyadh, Kingdom of Saudi Arabia, a social media post...
E-Commerce
Working with RBI, ministries to promote e-commerce exports: DGFT
PTI -
Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that huge export opportunities are there in the e-commerce sectorNew Delhi: The commerce ministry's arm DGFT is working with the RBI and concerned ministries, including the finance ministry, on...
Latest News
Dermocosmetics startup SkinQ raises Rs 3 crore in seed funding
The funding is led by Inflection Point Ventures in participation with Venture catalysts and Super Angels
New Delhi: Dermocosmetics startup SkinQ has secured a seed investment of Rs 3 crore from Inflection Point Ventures in participation with Venture catalysts and...
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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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