retail industry updates
Latest News
Industry pitches for tax reduction, rationalisation of duty structure in Budget
PTI -
There is a need for a review of tariffs on imported goods from China related to the petrochem industryNew Delhi: In an effort to boost the economy, representatives of various industries on Tuesday urged Finance Minister Nirmala Sitharaman to...
Consumer Durables & IT
Inflection Opportunity Fund (IIOF) Picks-up 5% Equity Stake in Vardhman Appliances Limited
The company has a top line of Rs.1000 crores growing at a CAGR of 18%
New Delhi:  Delhi-based Vardhman Appliances Ltd. announced the closure of its Pre IPO placement round, in a press release on Tuesday.
 India Inflection Opportunity Fund  (IIOF)  picked up approximately 5%...
Fashion & Lifestyle
ZYOD raises Rs 150 cr in funding round led by RTP Global
PTI -
Founded in January 2023, ZYOD raised $3.5 million in April last yearNew Delhi: B2B apparel manufacturing platform ZYOD on Tuesday said it has raised $18 million (Rs 150 crore) in a funding round led by RTP Global.The Series A...
Beauty & Wellness
India top priority market for Oriflame, to onboard one million partners in next 5 yrs
PTI -
The company aims to promote micro-entrepreneurship and nurture startup culture across the countryNew Delhi: Swedish beauty brand Oriflame said India is one of its top-priority markets and it is planning to onboard one million partners in the next five...
Finance & Funding
Stanley Lifestyles IPO subscribed 5.22 times on Day 2 of offer
PTI -
The initial share sale will conclude on Tuesday and has a price range of Rs 351-369 per shareNew Delhi: The initial public offer of luxury furniture brand Stanley Lifestyles received 5.22 times subscription on the second day of bidding...
Fashion & Lifestyle
Vishal Mega Mart Opens at Urban Square Mall
This is Vishal Mega Mart's second store in Udaipur and the eighteenth store in Rajasthan
New Delhi: Supermarket chain Vishal Mega Mart has expanded its retail footprint by opening a new store in Urban Square Mall at Udaipur in Rajasthan,...
Fashion & Lifestyle
Shoppers Stop aims to open 60 new INTUNE stores in FY25
PTI -
Shoppers Stop is also expanding its private labels to bridge the gap between aspirations and affordabilityNew Delhi: Multi-brand fashion retailer Shopper Stop plans to open 60 new stores under its affordable retail format INTUNE in the current fiscal, a...
E-Commerce
Fship plans to hire 100+ professionals to support its growth
This recruitment drive will encompass a range of positions with senior roles in marketing, sales, tech and product, and finance
New Delhi: Tech-driven shipping aggregator Fship plans to recruit over 100 new employees by the end of this financial year,...
D2C Buzz
KingsCraft introduces D2C streetwear fashion brand Underrated Club
Underrated Club is co-founded by entrepreneurs Abhishek Teri and Kartik Anand
New Delhi: KingsCraft Online Brands Pvt. Ltd. has launched a premier streetwear fashion brand Underrated Club (URC), the company announced in a press release on Monday.
Underrated Club is co-founded...
Fashion & Lifestyle
Sky Gold Ltd. acquires Starmangalsutra and Sparkling Chains
The acquisition aims towards expanding Sky Gold’s total addressable market (TAM) and increasing product presence
New Delhi: Mumbai-based jewellery company Sky Gold Ltd. has diversified its portfolio by acquiring Starmangalsutra Pvt. Ltd. and Sparkling Chains Pvt. Ltd., the company announced...
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Latest News
Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report
On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr
Bengaluru:Â Parle Products...
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