retail news and updates
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Retail leasing hits all-time high, touches 7.1 million sq. ft. across top 8 cities in 2023
Fashion & apparel, along with homeware and department stores drove demand in July-December 2023
New Delhi: The retail sector recorded an all-time high leasing in 2023, touching a historic level of 7.1 million sq. ft. across eight cities, an increase...
Latest News
Fship Logistics appoints Mukund Hari as COO
PTI -
New Delhi: Logistics player Fship Logistics on Wednesday announced the appointment of Mukund Hari as its Chief Operating Officer (COO).The company has also appointed Raju Sinha as its Chief Business Officer (CBO). Hari and Sinha will add to the...
Retail
India Inc confident of achieving $5 trillion economy: Deloitte pre-budget survey
PTI -
New Delhi: India Inc is confident of achieving $5 trillion economy with the central government's support in infrastructure investments, additional reforms, and enhanced technology adoption, according to a CXO survey by Deloitte Touche Tohmatsu India LLP.Stating that business leaders...
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Archies, Mondelez India join hands for Valentine’s season
The collaboration officially kicks off with a line-up of Mondelez India’s gift hampers available at Archies storesNew Delhi: Gifting brand Archies has joined hands with Mondelez India to boost the gifting experience for customers before Valentine’s season, as per...
FMCG
Colgate-Palmolive India Q3 profit up 35.7% to Rs 330 crore
PTI -
The oral hygiene product maker had posted a net profit of Rs 243.24 crore in the year-ago periodNew Delhi: FMCG major Colgate-Palmolive India Ltd on Monday posted a 35.71% increase in net profit to Rs 330.11 crore for the...
Fashion & Lifestyle
Metro Brands, Nextail join hands for AI-driven efficiency boost
The partnership encompasses implementing several AI-driven solutions to ensure product availability, hyper-local forecasting and operational efficiency for Metro BrandsNew Delhi: Footwear brand Metro Brands Ltd. has joined hands with merchandise planning platform Nextail, as per a press release shared...
Latest News
Industrial & logistics space demand hit record in 2023 at 38.8 mn sq ft in 8 cities: CBRE
PTI -
CBRE said that the leasing of industrial and logistics spaces rose to 38.8 million square feet in 2023 from 36 million square feet in the previous yearNew Delhi: Demand for industrial and logistics spaces hit an all-time high...
Latest News
Anarock revenue may rise 30 pc to Rs 575 cr in FY24 on strong housing demand
PTI -
In the previous year, Anarock had posted a revenue of Rs 440 croreNew Delhi: Property consultant Anarock is expecting a 30 per cent growth in its revenue this fiscal year to around Rs 575 crore mainly driven by strong...
Fashion & Lifestyle
Ludhiana’s hosiery players stare at losses due to weak demand
PTI -
Hosiery goods manufacturers also blame dumping of China-made winter wear items, available at much lower prices, for adding to their woesNew Delhi: Ludhiana's famous hosiery sector is staring at losses because of weak demand for winter garments this season,...
Fashion & Lifestyle
Reliance Retail’s Yousta opens store in Jamshedpur
The new store is located at Bistupur, Jamshedpur, Jharkhand.
New Delhi: Reliance Retail’s youth fashion retail format Yousta has launched a new store in Jamshedpur, as per a social media post by a company official. The new store is stand-alone...
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Latest News
Reliance Retail Q1 profit rises 4.6 % to Rs 2,549 crore
The retail behemoth also recorded 18.87% increase in number of footfalls at its stores at 296 million in the...
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