retail industry updates
Fashion & Lifestyle
Solethreads is targeting a net sales value of Rs 250 crore in FY25 – co-founder Vikram Iyer
Founded in 2019, the brand has over 22 offline distributors servicing over 800 multi-brand outlets and is present on e-marketplaces such as Ajio, Amazon, Myntra and FlipkartBengaluru: Flip-flops have a huge market in the US, the UAE and Southeast...
Beauty & Wellness
The Body Shop Partners with Indian actress Diana Penty
Through this partnership, The Body Shop seeks to broaden its consumer demographic and penetrate untapped markets across IndiaBengaluru: British-born beauty brand The Body Shop has collaborated with Indian actress Diana Penty to endorse its British Rose body care line...
Latest News
Lenskart opens 2nd store in Jeddah, 6th in Saudi Arabia
The new outlet is situated at Yasmeen Mall, Al-Manar, JeddahBengaluru: Eyewear retail chain Lenskart has launched its second store in Jeddah, Kingdom of Saudi Arabia, closely following the Gurugram-based company's debut store in the city, a month ago. The new...
Finance and Funding
Gopal Snacks Rs 650-crore IPO to open on March 6 with a price band of Rs 381-401
PTI -
The proposed issue is entirely an offer for sale (OFS) of equity shares by promoters and other existing shareholdersNew Delhi: Gopal Snacks Ltd on Friday said it has fixed a price band of Rs 381 to Rs 401 per...
Food & Beverage
7-Eleven reaches 50 store milestone in India
The landmark 7-Eleven store is located at the World Trade Center in Kharadi, Pune
Bengaluru:Â Texas-based convenience store chain 7-Eleven has reached the milestone of 50 stores in India with the opening of its latest outlet in Pune located at World...
Spotlight
Meta working with Sarvam AI to build vernacular LLMs
PTI -
Sarvam has been using Meta's free-for-all Llama open-source models to build the LLMs and added that after the Hindi LLM, it will be rolling out to other languagesMumbai: Global tech giant Meta is working with Sarvam AI which is...
Food & Beverage
Biggies Burger eyes Mumbai expansion, expects 3X revenue in 2024
The brand plans to open 70 stores in Mumbai before venturing further into MaharashtraNew Delhi: Bengaluru-based quick service restaurant (QSR) company Biggies Burger plans to open 70 stores within the next 2.5 years, a top executive told IndiaRetailing.“All the...
Beauty & Wellness
Nutraceutical industry growing beyond expectations: FSSAI chief
PTI -
The focus on nutritional and food security has intensified due to rise in demand and supply, he saidNew Delhi: India's nutraceutical industry with current market size of $4 billion is growing rapidly beyond everyone's expectations, Food Safety and Standards...
Latest News
Stone Sapphire India secures distribution of the French stationery brand Maped
Stone Sapphire will help take Maped’s products to more than 15000 retail doors
Bengaluru: Stationery brand Stone Sapphire India, has secured distribution rights of the French stationery brand Maped within India, the company announced on Thursday.
Stone Sapphire aims to bring...
Fashion & Lifestyle
Adidas opens Home Of Sport concept store in Mumbai
The stand-alone store, located on the Linking Road, occupies a retail space of 6,307 sq. ft. spread across 4 floors
Bengaluru:Â Athletic apparel and footwear brand Adidas has launched its Home Of Sport concept store in Mumbai on the Linking Road,...
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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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