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retail industry latest updates

Guess opens store in Hyderabad 

The new outlet is located at Inorbit Mall, Madhapur, Hyderabad, Telangana Bengaluru: Global fashion and lifestyle brand Guess has strengthened its retail presence in the South Indian market with the launch of its latest store in Hyderabad, an industry official wrote...

KPG Spices ropes in Kareena Kapoor as brand ambassador

KPG Spices, owned by Marvel King Ltd, is engaged in various sectors, including FMCG and real estateNew Delhi: KPG Spices on Tuesday said it has roped in Bollywood actress Kareena Kapoor Khan as its brand ambassador.KPG Spices, owned by...

V-Mart Retail Q3 profit up 41.3% at Rs 28.23 crore

Its revenue from operations was up 14.43 per cent to Rs 889.05 crore during the quarter under review. It was at Rs 776.88 crore in the corresponding quarterNew Delhi: V-Mart Retail Ltd on Monday reported a 41.36 per cent...

Nexus Select Trust posts Rs 107 crore profit in Dec quarter

The company announced the distribution of Rs 303 crore to unitholders in the form of interest and dividendNew Delhi: Nexus Select Trust -- the country's first retail space-backed REIT-- on Tuesday reported a consolidated net profit of Rs 106.85...

Shoppers Stop’s value format Intune opens 2 stores in South India

The new outlets are situated in Maharashtra and TelanganaBengaluru: Department store chain Shoppers Stop has launched two outlets of its value fashion format Intune in South India, a company official wrote on social media. The outlets are situated in...

Swiss GRC eyes 15%-20% revenue from retail market with its India entry

The Switzerland-based software company has announced its expansion to the Indian market today New Delhi: Switzerland-based Swiss GRC, a software company that specialises in risk, governance and compliance solutions has announced its expansion to the Indian market. Speaking on the sidelines...

Malabar Gold & Diamonds enters Australia

Located at 109 Wigram Street in Harris Park within the Little India Precinct, the new outlet will be the largest jewellery showroom in Sydney Bengaluru: Malabar Gold & Diamonds has entered Australia with its new showroom in Sydney marking its expansion...

Gopizza to reach 100 store mark by the end of 2024

The brand has recently launched its 50th store in India marking 200 stores globallyBengaluru: South Korean pizza brand Gopizza is planning to reach 100 outlets by the end of 2024 in different regions of India and surpass the milestone...

Digital commerce platform OTO raises $10 million from cricketer K L Rahul, others

The investment is aimed at expanding the company's presence to over 30 cities and strengthening its existing partnershipsMumbai: Digital commerce platform OTO on Tuesday said it raised $10 million (around Rs 83 crore) from a clutch of investors, including...

Govt plans to do away with multiple certifications for food products; only FSSAI nod mandatory

FSSAI will issue a draft notification in this regard and will seek stakeholders’ comments before finalising the amendmentsNew Delhi: The government has approved various amendments in food safety and standard regulations, under which only one certification from food regulator...
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Google, Tata Motors, Amazon, Jio, and Apple named as top inclusive brands in India: Report

On a global scale, the top 10 inclusive brands include Google, Amazon, Nike, Dove, McDonald’s, Netflix, Coca-Cola, Adidas, Disney...
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