retail industry growth
Food & Beverage
McDonald’s opens drive thru store in Kerala
The new standalone outlet is positioned on a 14,000 sq. ft. plot of land in Kottayam district
 Bengaluru: US-based fast-food chain McDonald’s has launched its new drive-through store in Kerala, a company official wrote on social media earlier this week.
The standalone...
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...
Fashion & Lifestyle
Chanel opens its first fragrance and beauty store in Mumbai
The new Chanel outlet is located at Phoenix Palladium mall, Lower Parel, Mumbai
Bengaluru:Â French luxury fashion house Chanel has launched its first fragrance and beauty store in Mumbai, an industry official wrote on social media last week. Located at Phoenix...
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...
Finance & Funding
Ratan Tata to divest all shares in FirstCry IPO
PTI -
Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel platform FirstCry, in the upcoming IPONew Delhi: Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares...
Finance & Funding
Dermocosmetics startup SkinQ gets seed funding
PTI -
The funds will be utilised towards new product launches, research and development, team expansion, and brand enhancementNew Delhi: Dermocosmetics startup SkinQ on Thursday said it has secured seed funding led by Inflection Point Ventures.The funds will be utilised towards...
Fashion & Lifestyle
FirstCry’s parent Brainbees files papers to garner funds via IPO
PTI -
The Pune-based company's proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 1,816 crore and an Offer For Sale (OFS) of up to 5.44 croreNew Delhi: Brainbees Solutions Ltd, which owns omnichannel baby and mother-care...
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...
Latest News
Bata India gets Rs 60.56 crore sales tax notice
PTI -
Kolkata:Â Footwear major Bata India has received a notice from the State Tax Officer, Anna Salai Assessment Circle, Chennai, amounting to Rs 60.56 crore, the company said in a filing to the bourses on Thursday.The notice dated December 27, 2023,...
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Latest News
Mukesh Kumar quits Kolkata’s Quest Mall
The retail veteran will take a break before embarking on his next journey
New Delhi: Mukesh Kumar, managing director of...
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