retail industry latest updates
E-Commerce
Myntra earns 6th consecutive Great Place To Work certification
The e-commerce platform has been consistently awarded since its initial accreditation in 2018Bengaluru: E-commerce entity Myntra has achieved the Great Place To Work certification by Great Place to Work Institute, for the sixth consecutive year, the company wrote on...
Latest News
Archies, Mondelez India join hands for Valentine’s season
The collaboration officially kicks off with a line-up of Mondelez India’s gift hampers available at Archies storesNew Delhi: Gifting brand Archies has joined hands with Mondelez India to boost the gifting experience for customers before Valentine’s season, as per...
FMCG
Colgate-Palmolive India Q3 profit up 35.7% to Rs 330 crore
PTI -
The oral hygiene product maker had posted a net profit of Rs 243.24 crore in the year-ago periodNew Delhi: FMCG major Colgate-Palmolive India Ltd on Monday posted a 35.71% increase in net profit to Rs 330.11 crore for the...
Fashion & Lifestyle
Kewal Kiran Clothing in talks to acquire women-oriented Kraus Jeans
The acquisition is aimed at filling the gap for a women-dedicated denim brand for KKCL
New Delhi: Kewal Kiran Clothing Ltd (KKCL) is in advance talks to acquire Kraus Jeans, a women focused casual fashion brand, according to two people...
Fashion & Lifestyle
British fashion brand French Connection opens store in Chennai
The new store is located at Phoenix Marketcity mall in VelacheryBengaluru: UK-based clothing retailer French Connection has launched its new store in Chennai at Phoenix Marketcity mall, Velachery, a mall official wrote on social media on Sunday.“French Connection opened...
Beverages
About 6% of Starbucks’ 390 India stores entirely run by women
Adrit Mishra, the chief operating officer of Tata Starbucks, provides insights into the coffee retailer's priorities and plans in India
Bengaluru: US Coffee chain Starbucks at present has about two dozen stores – or about 6% of its total 390 outlets...
Fashion & Lifestyle
Metro Brands, Nextail join hands for AI-driven efficiency boost
The partnership encompasses implementing several AI-driven solutions to ensure product availability, hyper-local forecasting and operational efficiency for Metro BrandsNew Delhi: Footwear brand Metro Brands Ltd. has joined hands with merchandise planning platform Nextail, as per a press release shared...
Fashion & Lifestyle
British menswear brand Charles Tyrwhitt enters India
The brand’s first store is now operational at Palladium Mall in Ahmedabad, Gujarat
Bengaluru:Â British multichannel men's clothing retailer Charles Tyrwhitt has made its entry into India through a partnership with Reliance Brands, a retail division of Reliance Industries, an industry...
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Industrial & logistics space demand hit record in 2023 at 38.8 mn sq ft in 8 cities: CBRE
PTI -
CBRE said that the leasing of industrial and logistics spaces rose to 38.8 million square feet in 2023 from 36 million square feet in the previous yearNew Delhi: Demand for industrial and logistics spaces hit an all-time high...
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Anarock revenue may rise 30 pc to Rs 575 cr in FY24 on strong housing demand
PTI -
In the previous year, Anarock had posted a revenue of Rs 440 croreNew Delhi: Property consultant Anarock is expecting a 30 per cent growth in its revenue this fiscal year to around Rs 575 crore mainly driven by strong...
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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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