retail industry growth in india
E-Commerce
NITI Aayog launches ‘vocal for local’ initiative to promote entrepreneurship
PTI -
NITI Aayog CEO B V R Subrahmanyam in his keynote address urged the district collectors and block-level officials to collaborate with partnersNew Delhi: NITI Aayog on Wednesday launched the 'Vocal for Local' initiative under its Aspirational Blocks Programme...
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DHL Express plans to invest 200 million euro in India over 5 years
PTI -
The company is placing the Indian market right on the top of its investment listMumbai: Global logistics operator DHL Express on Wednesday said it is planning to invest 200 million euros (about Rs 1,800 crore) in India.The company also...
Fashion & Lifestyle
High street top choice for luxury brands to open retail stores in 2023: CBRE
PTI -
While high streets constituted a 45% share in the overall luxury retail leasing in 2023, luxury brands' stores in malls followed at 40% and standalone stores accounted for the remaining 15%Â New Delhi: Luxury brands preferred high street retail locations...
E-Commerce
Meesho initiates largest ESOP buyback programme totalling Rs 200 crore for 1,700 employees
PTI -
Eligible current and ex-employees across the spectrum, from junior-level executives to senior leadership can voluntarily participate in this programNew Delhi: Online shopping platform Meesho on Wednesday said it will spend Rs 200 crore to buyback shares from about 1,700...
Fashion & Lifestyle
Winston India records 5x revenue within 12 months
It has also seen a substantial increase in its customer base, from around 20,000 to 100,000Â customers
Bengaluru:Â Lifestyle brand Winston India has witnessed a five times increase in revenue and a five times increase in both profit and sales after its...
Fashion & Lifestyle
Powerlook Plans to establish 50 outlets across India by 2027
The company inaugurated two new brick-and-mortar stores in Bandra West and Vasai East, Maharashtra
New Delhi:Â Mumbai-based apparel brand Powerlook plans to establish 50 outlets across India by 2027, a release by the company said on Tuesday.
The release added, that the...
Fashion & Lifestyle
India to be among top 5 markets for Decathlon in 5 years
PTI -
This move would help Decathlon become more competitive in the fast-growing Indian sports and athleisure segment and increase exports to global markets from its Indian manufacturing facilityBy Kumar RahulNew Delhi: India is a "big priority" market for Decathlon, and...
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Ex-Ante competition regulations for tech biggies like Google and Amazon proposed
PTI -
The panel has come out with a detailed report as well as the draft Digital Competition Bill (DCB)New Delhi: In a significant move, a government-appointed panel has proposed ex-ante competition regulations for big tech players to ensure proactive monitoring...
Fashion & Lifestyle
Snitch appoints Maruthy Ramgandhi as its first CTO
Ramgandhi will be responsible for bringing advanced and seamless customer experience and technological strategies that align with the company’s business objectivesNew Delhi: Bengaluru-based men’s fashion and apparel brand Snitch has appointed Maruthy Ramgandhi as its first chief technology officer...
FMCG
BAT to sell up to 3.5% stake in ITC via block trade
PTI -
Based on Tuesday's closing price of Rs 404.25 per share, the value of the total ITC shares planned to be sold by BAT is around Rs 17,659.72 croreNew Delhi: British multinational BAT PLC on Tuesday said it plans to...
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Gig hiring to soar by 20% this festival season, e-commerce on the forefront: Indeed
The top gig roles that have been witnessing increased hiring are delivery executives, warehouse workers, logistics coordinators, in-store sales...
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