retail industry latest updates
Beauty & Wellness
Nutraceutical industry growing beyond expectations: FSSAI chief
PTI -
The focus on nutritional and food security has intensified due to rise in demand and supply, he saidNew Delhi: India's nutraceutical industry with current market size of $4 billion is growing rapidly beyond everyone's expectations, Food Safety and Standards...
Latest News
Stone Sapphire India secures distribution of the French stationery brand Maped
Stone Sapphire will help take Maped’s products to more than 15000 retail doors
Bengaluru: Stationery brand Stone Sapphire India, has secured distribution rights of the French stationery brand Maped within India, the company announced on Thursday.
Stone Sapphire aims to bring...
Fashion & Lifestyle
Snitch to open its second store at Surat
The new Snitch store will open to the public on 1 March at VR Mall in Surat
New Delhi: Bengaluru-based men’s fashion and apparel brand Snitch plans to open its second store on Friday, 1 March 2024, a top executive told...
Fashion & Lifestyle
Gargi by P N Gadgil & Sons opens new SIS in Shoppers Stop, Latur, Hyderabad
The new launches bring Gargi’s silver fashion jewellery to consumers in the Deccan region
New Delhi:Â Fashion jewellery brand Gargi by P N Gadgil & Sons launched its new shop-in-shops (SIS) at the Shoppers Stop outlets in Latur and Hyderabad, a...
Fashion & Lifestyle
Adidas opens Home Of Sport concept store in Mumbai
The stand-alone store, located on the Linking Road, occupies a retail space of 6,307 sq. ft. spread across 4 floors
Bengaluru:Â Athletic apparel and footwear brand Adidas has launched its Home Of Sport concept store in Mumbai on the Linking Road,...
Fashion & Lifestyle
Reliance Retail’s Yousta opens store in Surat
The new store is located at Reliance Mall, Udhana, Surat, Gujarat
Bengaluru: Reliance Retail’s youth fashion retail format Yousta has launched a new store in Surat, located at Reliance Mall, Udhana, a company official wrote on social media on Wednesday.
“Hey...
Finance & Funding
Jewellery brand Kushal’s raises Rs 284 crores in series B funding round
The funding will be utilised to build the brand and scale its retail presenceBengaluru: Fashion jewellery brand Kushal’s has raised Rs 284 crore in a series B funding round led by Lighthouse India Fund IV AIF, the companies said in...
Retail
India’s retail sector to more than double to $2 trillion in next decade: Report
PTI -
Stores expansions continue to happen and with increasing urbanisation, there is more consumption expected to happen in tier 1-4 citiesNew Delhi: India's retail sector is expected to grow at 9-10 per cent to reach $2 trillion in the next...
Entertainment
Multiplexes’ revenue growth to dip to 15% in FY25; OTTs crimping profit margins
PTI -
The operating profit will grow by 4% points to 14% in FY24 on the rising revenues and will widen further to 15% in FY25New Delhi: Revenue growth for multiplexes will slow down to 10-15% in FY25 from the 20-24%...
Fashion & Lifestyle
India’s super rich put 17% of investable wealth in luxury items: Report
PTI -
Among Indian UHNWIs, luxury watches are the most coveted investment category, followed by art and jewelleryNew Delhi: The Indian ultra-rich allocate 17% of their investable wealth towards luxury items, with maximum preference to watches followed by art and jewellery,...
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Latest News
Reliance Retail opens 30 Metro stores in Q1, total count crosses 200
Reliance Retail had acquired the Indian operations of German firm Metro AG's wholesale operations in December 2022 in a...
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