retail industry updates
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DGFT inks pact with DHL to train MSMEs on e-commerce exports
PTI -
The company will conduct training sessions and workshops for MSMEs in 76 districts of the countryNew Delhi: To promote e-commerce exports, the commerce ministry's arm DGFT in partnership with logistics services provider DHL will conduct training sessions and workshops...
Beauty & Wellness
Rabanne launches 1Million Golden Oud fragrance in India
Department store chain Shoppers Stop will be the exclusive partner for the global fragrance in India Bengaluru: Cult luxury fragrance brand Rabanne has launched its new 1Million Golden Oud fragrance in India exclusively on Shoppers Stop, the company said in...
Fashion & Lifestyle
Gap reaches 30 store milestone in India
The Reliance Retail-operated brand has opened its 29th store in Pune and its 30th store in Mumbai
Bengaluru:Â Californian clothing and accessories retail chain Gap Inc. has reached the 30-store milestone in India with its latest outlets in Mumbai and Pune,...
Fashion & Lifestyle
Why is denim becoming a big business in India?
The Indian denim market that was $6.15 billion in FY23 is expected to grow at 10%-12% CAGR on the back of various factors including growing consumer preference for the fabricBengaluru:Â The Denim category in India has experienced a surge over...
Latest News
DHL Express plans to invest 200 million euro in India over 5 years
PTI -
The company is placing the Indian market right on the top of its investment listMumbai: Global logistics operator DHL Express on Wednesday said it is planning to invest 200 million euros (about Rs 1,800 crore) in India.The company also...
E-Commerce
Meesho initiates largest ESOP buyback programme totalling Rs 200 crore for 1,700 employees
PTI -
Eligible current and ex-employees across the spectrum, from junior-level executives to senior leadership can voluntarily participate in this programNew Delhi: Online shopping platform Meesho on Wednesday said it will spend Rs 200 crore to buyback shares from about 1,700...
Fashion & Lifestyle
Winston India records 5x revenue within 12 months
It has also seen a substantial increase in its customer base, from around 20,000 to 100,000Â customers
Bengaluru:Â Lifestyle brand Winston India has witnessed a five times increase in revenue and a five times increase in both profit and sales after its...
Fashion & Lifestyle
Powerlook Plans to establish 50 outlets across India by 2027
The company inaugurated two new brick-and-mortar stores in Bandra West and Vasai East, Maharashtra
New Delhi:Â Mumbai-based apparel brand Powerlook plans to establish 50 outlets across India by 2027, a release by the company said on Tuesday.
The release added, that the...
Fashion & Lifestyle
Snitch appoints Maruthy Ramgandhi as its first CTO
Ramgandhi will be responsible for bringing advanced and seamless customer experience and technological strategies that align with the company’s business objectivesNew Delhi: Bengaluru-based men’s fashion and apparel brand Snitch has appointed Maruthy Ramgandhi as its first chief technology officer...
FMCG
BAT to sell up to 3.5% stake in ITC via block trade
PTI -
Based on Tuesday's closing price of Rs 404.25 per share, the value of the total ITC shares planned to be sold by BAT is around Rs 17,659.72 croreNew Delhi: British multinational BAT PLC on Tuesday said it plans to...
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Latest News
Ambani unveils growth roadmap for Reliance, co to double in size by 2030
The company is aiming to double revenues and pre-tax profit in 3-4 years with its new energy business becoming...
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