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New-age fashion brands should focus on value creation, not valuation: Vineet Gautam, Bestseller India

Bestseller India CEO Vineet Gautam on the changing trends in fashion retail, the company’s digital transformation and industry-wide slowdown… New Delhi: Vineet Gautam is the India chief executive officer for Danish fashion and lifestyle group Bestseller, overseeing a gamut of...

DPIIT plans to engage consultant to prepare logistics report for 3 years

Every year, the department releases a Logistics Ease Across Different State (LEADS) report, ranking states and Union Territories (UTs) on the basis of their logistics ecosystemNew Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) is...

Toys“R”Us enters Bengaluru

Located at Bhartiya Mall near Hebbal, the new Toys“R”Us outlet is spread across 6,200 sq. ft. of retail areaBengaluru: Retail tech company Ace Turtle has launched the first Toys“R”Us store in Bengaluru, third in India, the company said in...

Coca-Cola’s largest bottler SLMG appoints Costin Mandrea as CEO

Mandrea, who has over 25 years of experience in the beverage industry, has held key leadership positions at Coca-Cola Bottling System in Western and Central Europe, Russia, and JapanNew Delhi: SLMG Group, the largest independent bottler of Coca-Cola in...

P N Gadgil Jewellers files draft papers with Sebi to garner Rs 1,100 cr via IPO

The Maharashtra-based company's proposed IPO is a combination of a fresh issue of equity shares worth up to Rs 850 croreNew Delhi: Jewellery retail chain P N Gadgil Jewellers Ltd has filed preliminary papers with capital markets regulator Sebi...

Subko raises $10 million from Nikhil Kamath, Gauri Khan, John Abraham

The funds will be used to enhance the talent pool, develop tech-enabled customer experiences, bolster product and design research and development, and launch ready-to-drink coffee productsNew Delhi: Subko, a specialty coffee roaster and craft bakehouse based in Mumbai, has...

Advertising body ties up with CCPA to check misleading ads

The CCPA has requested ASCI to forward any advertisement that is non-compliant with the ASCI Code and could potentially violate the Consumer Protection Act, 2019, along with its accompanying guidelinesMumbai: The Advertising Standards Council of India (ASCI) on Tuesday...

Consumer commission imposes Rs 35,000 fine on Amazon, retailer

The commission has also directed Amazon to provide a foolproof and transparent grievance redressal mechanism to customersNew Delhi: Observing that Amazon does not have an appropriate grievance redressal mechanism and has "one-sided oppressive" sale terms, a consumer commission here...

Logistics startup JustDeliveries raises $1 million

Within the next 3-4 years, the company said that it plans to extend its presence to 8-10 cities across IndiaNew Delhi: JustDeliveries, a provider of logistics solutions for perishables, on Tuesday, said it has raised $1 million (about Rs...

Amazon invested $1.2 billion, hired 15,000 people in 2023 to tackle counterfeit, fraud

Amazon said when a customer purchases from the store, they trust they will receive an authentic product New Delhi: Online marketplace Amazon invested more than $1.2 billion and hired about 15,000 experts in 2023 to protect the brand, its sellers,...
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Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore

The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...
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