retail industry latest updates
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...
Food & Beverage
Barbeque-Nation Hospitality Q3 profit up 4.5% to Rs 5 cr, revenue flat at Rs 328.89 cr
PTI -
Shares of Barbeque-Nation Hospitality Ltd on Monday settled at Rs 311.50 on BSE, down 3.86%New Delhi: Barbeque-Nation Hospitality, a QSR chain operator on Monday reported an increase of 4.54% in consolidated net profit to Rs 5.05 crore in the...
Latest News
FinMin, Labour Min working out modalities of healthcare scheme for gig workers: Govil
PTI -
Govil said the social security scheme for gig workers could either be a 100 per cent Central Sector scheme or a centrally sponsored scheme where the cost would be shared between the Centre and states in a 60:40 ratioNew...
In Focus
Women entrepreneurs applaud union budget 2025’s initiative
The government’s focus on inclusivity and economic independence is evident in its provision of term loans up to Rs 2 crore for 5 lakh aspiring entrepreneursNew Delhi: In a landmark move aimed at bolstering India's entrepreneurial landscape, Finance Minister...
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Latest News
From vending machines to café chain: Roastea eyes 100 outlets in 5 years, Rs 350 crore in 3 years
Founded in 2019, the brand closed FY 2024 with revenue of approximately Rs 60 crore and aims to double...
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