retail industry growth
Fashion & Lifestyle
How Tailor & Circus redefined the innerwear market in India
The brand has experienced a threefold increase in revenue on a year-on-year basis, and its customer base has also tripledBengaluru: Since its inception, Tailor & Circus has remained true to its vision of designing extremely comfortable innerwear for men...
Fashion & Lifestyle
Bata India Q3 net profit falls 30% to Rs 58 crore
PTI -
Overall expenses for the quarter were higher at Rs 836 crore compared to Rs 798 crore in the corresponding period last yearNew Delhi: Bata India's consolidated net profit declined by 30% to Rs 58 crore in the December 2023...
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Raymond Q3 profit almost doubles to Rs 185 crore
PTI -
It had logged a net profit of Rs 96.60 crore in October-December FY23, according to a regulatory filing by the companyNew Delhi: Diversified group Raymond on Thursday said its consolidated net profit in the December quarter Financial Year (FY)...
Fashion & Lifestyle
Reliance Retail’s Avantra by Trends opens 71st store
The new store is located at Phoenix Marketcity mall, Kurla West, MumbaiBengaluru: Avantra by Trends, an ethnic wear brand by Reliance Retail, has launched its 71st store in the country in Mumbai, a company official wrote on social media....
E-Commerce
Flipkart to roll out same day delivery
The initiative is getting rolled out starting February 2024
Bengaluru:Â Bengaluru-based e-commerce marketplace Flipkart is gearing UP to roll out same day delivery of products across multiple categories, the company said in a press release.
The move will see customers across cities...
Consumer Durables & IT
Apple tops India smartphone market in revenue share in 2023
PTI -
Samsung topped the chart in terms of sales volume followed by Vivo with 17 per cent market share in terms of volumeNew Delhi: iPhone maker Apple led India market with highest revenue in 2023 for the first time while...
E-Commerce
Digital payments rise 10.94% annually at September-end 2023: RBI data
PTI -
The central bank announced the construction of a composite RBI-DPI in March 2018 as a base to capture the extent of digitisation of payments across the countryNew Delhi: Digital payments across the country registered a growth of 10.94% in...
Food & Beverage
Jubilant Foodworks net profit declines 18.2% to Rs 65.7 crore in Q3
PTI -
Its revenue from operations increased 3.47 per cent to Rs 1,378.11 crore during the quarter. It was at Rs 1,331.81 crore in the year-ago periodNew Delhi: Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino's Pizza and Dunkin' Donuts,...
Food & Beverage
Restaurant chain Moti Mahal to enter Europe
The company already has a presence in the USA, Africa, New Zealand, Maldives, Colombo, and the Middle East
Bengaluru: The 104-year-old culinary brand Moti Mahal is planning to enter Europe this year, the company said in a press release on Wednesday. The...
People
Daniel Ervér is new president and CEO for the H&M Group
Ervér succeeds Helena Helmersson who has decided to step down as CEO and leave the H&M group
Bengaluru: Swedish multinational retail-clothing company H&M has appointed Daniel Ervér as its new president and chief executive officer (CEO), the company said in a...
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Digital Icon : Kiran Komatla
Kiran Komatla is a distinguished technology professional with over two decades of experience spanning various domains. His impressive list...
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