retail news and updates
Fashion & Lifestyle
Cinnamon Closet: Pioneering growth in women’s western wear with innovative designs
Cinnamon Closet is a women’s western wear brand that has been steadily growing since its inception in 2017, catering to the evolving customer needs of new-age womenNew Delhi:  The brainchild of Vinita Choudhary, Cinnamon Closet is a purely bootstrapped...
In Focus
Retail sector set for 10-13% growth in 2024
PTI -
Network expansion, a strong uptick in demand for premium brands, increasing traction for value brands in smaller cities and general elections will be among the key drivers for the retail sector, which is also moving from being just a...
Latest News
Gem, jewellery exports dip by 4.52% in Nov to Rs 19,018 cr: GJEPC
PTI -
Exports stood at Rs 19,917.73 crore (USD 2437.53 million) during November 2022Mumbai: The overall gem and jewellery exports witnessed a on-year decline of 4.52% in November to Rs 19,018.180 crore (USD 2,263.34 million), GJEPC said on Friday.Exports stood at...
E-Commerce
Meesho posts first-ever profitable quarter in FY24; loss dips to Rs 141 crore in first half
PTI -
New Delhi: Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated profit after tax in the second quarter ended September 2023.The company did not disclose the amount of profit it earned in the July-September...
In Focus
From multiplex mogul to singer: Life comes full circle for PVR INOX chief Ajay Bijli
PTI -
Bijli started with covers of the songs that he likes in English and Hindi during the COVID-19 pandemicNew Delhi: He had a college band and a love for music he says he left behind to handle the family business...
Latest News
Voyage Eyewear appoints Sahil Sharma as director of marketing
Sharma will be responsible for driving the brand's marketing strategies and expanding its reach on a local and global scaleNew Delhi: Voyage Eyewear, a direct-to-consumer (D2C) brand offering luxury sunglasses, announced in a press release that it has appointed...
Speciality Retail
Lenskart opens first store in Riyadh, Saudi Arabia
The company forayed into the Middle East market in the year 2021 with its start in Dubai
New Delhi: Gurugram-based eyewear retail chain Lenskart has opened its first flagship store in Riyadh, Kingdom of Saudi Arabia, a social media post...
Fashion & Lifestyle
FirstCry’s parent Brainbees files papers to garner funds via IPO
PTI -
The Pune-based company's proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 1,816 crore and an Offer For Sale (OFS) of up to 5.44 croreNew Delhi: Brainbees Solutions Ltd, which owns omnichannel baby and mother-care...
Latest News
Dermocosmetics startup SkinQ raises Rs 3 crore in seed funding
The funding is led by Inflection Point Ventures in participation with Venture catalysts and Super Angels
New Delhi: Dermocosmetics startup SkinQ has secured a seed investment of Rs 3 crore from Inflection Point Ventures in participation with Venture catalysts and...
Spotlight
912 crore merchant transactions made via Paytm in Q2FY24
PTI -
The maximum number of payments have been done on Saturdays, making it the busiest day in the week for digital transactionsNew Delhi: As many as 912 crore merchant transactions were made using Paytm in Q2FY24, parent One97 Communications said...
- Advertisement -
Latest News
Soft launch of Oberoi Mall Borivali likely in October
Codenamed Sky City Mall, the million-and-a-half square feet mall is expected to generate rental of Rs350 croreOberoi Realty’s upcoming...
- Advertisement -