retail industry updates
Consumer Durables & IT
Haier aims to become second-largest appliances maker in India
PTI -
The company is also increasing indigenisation, which is a key "thrust area" for the company, where it expects local souring to contribute up to 80% across products in the next two yearsNew Delhi: Home appliances maker Haier is "buoyant"...
Food & Beverage
Gopal Snacks IPO subscribed 56% on first day of offer
PTI -
The Initial Public Offer (IPO) received bids for 66,61,628 shares against 1,19,79,993 shares on offer, as per NSE dataNew Delhi: The initial public offer of Gopal Snacks was subscribed 56 per cent on the first day of bidding on...
Fashion & Lifestyle
House of Chikankari partners with Unicommerce
House of Chikankari has deployed Unicommerce’s multi-channel order management and warehouse management system
New Delhi:Â Delhi-based fashion brand House of Chikankari has partnered with Unicommerce, a Gurugram-based SaaS platform to strengthen e-commerce operations and enhance the post-purchase experience for its customers,...
Beauty & Wellness
French American beauty brand Laura Mercier enters India
Its first retail store has launched at Phoenix Palladium Mall, Lower Parel, Mumbai Bengaluru:  French American cosmetics and skin care brand Laura Mercier has entered the Indian market with its first retail store in Mumbai, an industry official wrote on...
Latest News
Mumbai’s Growel’s 101 Mall adds three new brands
The brands that recently opened their outlets at Growel’s 101 are HT Interiors, The Beer Café and LEDBengaluru: Growel’s 101 Mall in Mumbai has expanded its retail offerings with the addition of three new outlets: HT Interiors, The Beer Café...
Fashion & Lifestyle
Puma India opens 75 stores in 2023
The expansion encompasses more than 2 lakh sq. ft. of retail space spread across cities including Bengaluru, Ahmedabad, Chennai, Guwahati, Surat, Dehradun, Jaipur and Indore, among others
Bengaluru:Â Multinational sportswear brand Puma has opened a total of 75 retail outlets across...
Food & Beverage
Gopal Snacks collects Rs 194 crore from anchor investors ahead of IPO
PTI -
Those who participated in the anchor round are BofA Securities Europe SA, Bay Capital India Fund, ITI Mutual Fund, DSP Mutual Fund, Quant Mutual Fund, Edelweiss Mutual Fund and HDFC Life Insurance CompanyNew Delhi: Gopal Snacks Ltd on Tuesday...
Food & Beverage
McDonald’s India to use word cheese in products as FSSAI and NABL verify quality
PTI -
Earlier, the company had removed the name word cheese from its products following the direction of the Maharashtra FDA, which was not satisfied with the cheese used in its food preparationsNew Delhi: Westlife Foodworld which is fast-food chain McDonald’s...
Fashion & Lifestyle
Malabar to focus on penetration, product and operation: Chairman
M P Ahammed, chairman of Malabar Gold & Diamonds shares insights on the jewellery retailer’s growth strategies, customer engagement tactics and expansion goals
Bengaluru:Â Originating from a humble 400 sq. ft. jewellery store in Kerala, Malabar Gold & Diamonds has grown...
Food & Beverage
McDonald’s get clean chit from FSSAI for using authentic cheese
The verification confirms the brand’s assertion that it does not use any cheese analogues or substitutes in its products, countering the allegations made by the Maharashtra Food and Drug Administration
Bengaluru:Â Apex food safety standards regulator of the country Food Safety...
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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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