retail industry latest updates
Beauty & Wellness
Nykaa opens its 1st Luxe store in Chennai at Express Avenue Mall
The launch of Nykaa Luxe in Chennai is part of Nykaa’s ongoing expansion strategy
New Delhi: Beauty and lifestyle retailer Nykaa has opened its first-ever Nykaa Luxe store in Chennai. Located at Express Avenue Mall, this 2,000 sq. ft. store...
Food & Beverage
Coca-Cola to bring sports drink BodyArmorLyte to India, expects ThumsUp, Sprite to be $2 bn brands
PTI -
Coca-Cola, which operates in the Indian beverages market with fizz brands like ThumsUp, Coke, Sprite and juices and water segment with brands like Minute MaidNew Delhi: Beverage major Coca-Cola is bringing global sports drinks brand BodyArmorLyte to India this...
Finance and Funding
Home decor brand Ritualistic raises $1 mn from Deep & Mohit Bajaj
The investment was facilitated by Done Deal, a platform connecting investors with high-potential startups
New Delhi: Ritualistic, a home décor brand has secured $1 million in a mix of primary and secondary funding from seasoned entrepreneurs and angel investors, Deep...
In Focus
From college project to specialty retail: Golfoy eyes Rs 40 cr revenue by FY30
Golfoy.com plans to expand its reach by setting up 10 stores by 2027, with a mix of locations inside golf clubs and independent central stores.
New Delhi: Golf retail e-commerce platform Golfoy.com is set to double its revenue by FY30,...
In Focus
Arvind Fashions names Rohith Kumar as Chief Human Resources Officer (CHRO)
His career includes companies like Hardcastle Restaurants Pvt Ltd, where he served as Chief People Officer, Landmark Group - SPAR IndiaNew Delhi: Arvind Fashions has appointed Rohith Kumar as its new Chief Human Resources Officer (CHRO), a strategic move...
Food & Beverage
Patanjali Foods sees 71% jump in Q3 profit to Rs 371 cr
PTI -
The company had logged a net profit of Rs 216.54 crore in the year-ago periodNew Delhi: Patanjali Foods Ltd on Monday posted a 71.29% jump in standalone net profit to Rs 370.93 crore for the December quarter on higher...
Fashion & Lifestyle
Shobitam launches its 1st experiential retail store in Bengaluru
The event was graced by actor and Shobitam’s global brand ambassador Vidya BalanNew Delhi: Fashion brand Shobitam has officially opened its first-ever experiential retail store in India, the company said in a release on Monday.The launch, held on February 5,...
FMCG
ITC to acquire Prasuma and Meatigo, to expand in frozen food segment
PTI -
ITC has been operating in the Frozen Foods market under the ‘ITC Master Chef’ brand from 2019New Delhi: Conglomerate ITC on Thursday announced to acquire ‘Of Prasuma’ and ‘Meatigo brands expanding its presence in frozen, chilled and ready-to-cook foods.ITC...
Finance & Funding
Fitspire raises $1mn in pre-series A round, valued at over Rs 100 cr
Fitspire, a brand under Starcap Wellness Pvt Ltd, plans to utilize the fresh funds to bolster its ecosystem and accelerate market expansion.New Delhi: Supplements brand Fitspire has secured $1 million in a bridge round for its upcoming Series A...
Home Decor & Furnishing
D’Decor’s brand Sansaar eyes global expansion, Rs 500 cr in 5 Years
Founders Sanjana Arora and Sarah Arora further noted that customer feedback has played a crucial role in shaping their product strategy.New Delhi: Mumbai-based D’Decor Home Fabrics Pvt. Ltd., one of the leading manufacturers and exporters of curtains and upholstery...
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Latest News
Tommy Hilfiger Innerwear collection now available on Myntra
The collection includes a wide variety of products such as trunks, briefs, boxers, and boxer briefsBengaluru: Fashion and...
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