retail industry updates

 The company said the board approved raising to Rs 500 crore through a preferential allotment of fully convertible warrantsNew Delhi: PC Jewelers on Tuesday said its board has approved a proposal to raise Rs 2,000 crore through rights issues...

The total smartphone exports from India surged to $16.5 billion in 2023-24, up from $12 billion in the preceding yearNew Delhi: Apple's iPhone exports from India almost doubled to $12.1 billion in 2023-24 from $6.27 billion in the preceding...

The primary capital infusion will drive the expansion of Wow! Momo's QSR brand and strengthen its distribution network and research and development (R&D) for the FMCG armNew Delhi: Wow! Momo, India's leading chain of quick-service restaurants (QSR), has secured an...

Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands in utility categories New Delhi: Founders of the Delhi-based direct-to-consumer (D2C) footwear brand Trase have successfully reacquired their brand from the roll-up...

The new stores include value retail fast fashion chain Zudio, fashion and lifestyle brand Westside and hypermarket and supermarket store chain Star Bazaar Bengaluru: Tata Group’s retail division Trent Ltd. has unveiled three of its store formats in a single...

The funding round was led by Inflexor Ventures Partners, and Athera Venture Partners, along with participation from Riverwalk Holdings and Rebright PartnersNew Delhi: Gurugram-based logistics intelligence platform Clickpost has raised $6 million in Series A funding led by Inflexor...

The new brand has launched 19 products and plans to launch 30 more products by 2026 Bengaluru: Integrated pharmaceutical company Rivpra Formulation has entered the direct-to-consumer (D2C) segment with the launch of Oteria, a premium skincare brand, the company shared in...

Soman will endorse Puma’s Nitro range of footwear and apparel Bengaluru: Multinational sportswear brand Puma has officially signed fitness icon Milind Soman as its running ambassador, marking his first-ever partnership with a performance wear brand, the company shared in a press...

The focus of the homegrown samosa QSR chain in the next 10-12 months is to reach the 100 store mark. Out of these, 20 will be opened in the next six months Bengaluru: In the bustling streets of Bengaluru, a culinary...

The award celebrates Ace Turtle’s efforts in establishing itself as India's first fully digitally integrated retailer Bengaluru: Technology-native retail company Ace Turtle has received the Images Award of Excellence at the India Fashion Forum 2024 organised by retail intelligence company Images...