retail news India
Fashion & Lifestyle
German watch retailer Aigner Watches enters India with Titan
The initial launch of the Swiss-made brand will be in 50 selected Titan stores across top metro citiesBengaluru: German luxury watch retailer Aigner Watches has entered India through an exclusive partnership with Tata-owned accessories retailer Titan Company Ltd., the...
Retail
Retail sales grow 5% y-o-y in June 2024: RAI Survey
Sales in South India showed the highest increase at 7%, followed by North and East at 5% each and West India at 4%Bengaluru: Retail sales in June 2024 showed a gain of 5% as compared to the sales levels...
Finance & Funding
Newme raises $18 million in series A funding
The funding round was led by venture capital firm Accel with participation from existing investors including Fireside Ventures and AUM VenturesBengaluru: Gen Z-focused fashion-tech startup Newme has secured $18 million in series A funding led by venture capital firm...
Latest News
Paytm Apr-Jun quarter loss widens to Rs 840 cr
PTI -
The company had posted a loss of Rs 358.4 crore in the same period a year ago, according to a regulatory filing by the companyNew Delhi:Â Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has...
E-Commerce
Easy customs norms, robust payment settlement to boost e-comm exports: Report
PTI -
The report also asked to allow FDI-funded e-commerce entities to hold inventory for sale in international marketplaces to facilitate global sales of Indian MSME productsNew Delhi: Measures such as easing customs procedures, robust payment settlement mechanisms and relaxing FDI...
In Focus
Retailers’ wishlist for Budget 2024: Roadmap for long-term growth; reduce import duties
Support for MSMEs and investment in digital infrastructure rank among the foremost requests of industry representatives for the upcoming Union Budget 2024
Bengaluru: As the newly-elected NDA government is getting ready to present this year's Union Budget on 23 July,...
Latest News
Location AI startup GeoIQ unveils footfall & site analysis feature
GeoIQ has served retail brands across categories to open over 2,500 stores by assessing more than 25,000 locations with their site analysis report.
New Delhi: Bengaluru-based location AI startup GeoIQ has launched a feature that will give users offline retail...
Consumer Durables & IT
Havells India Q1 net profit up 42% at Rs 407.51 crore
PTI -
The company had posted a consolidated net profit of Rs 287.07 crore in the same quarter last fiscalNew Delhi: Havells India Ltd on Thursday reported a 42 per cent jump in consolidated net profit at Rs 407.51 crore in...
Food & Grocery
Bigbasket launches SaaS based supply chain platform BB Matrix
BB Matrix enables user organisations to get real-time updates, quickly track bottlenecks and take data-backed decisionsBengaluru: Omnichannel grocery delivery firm Bigbasket has launched BB Matrix, an end-to-end software as a service (SaaS) based supply chain platform that offers complete...
Fashion & Lifestyle
India’s 1st Foot Locker store to open in Nexus Select CityWalk, Delhi
The store, which will be based on the ‘Store of the future’ concept is currently under fit-outs
Mumbai: New York-based athletic shoes and apparel retailer Foot Locker’s first store in India will open at Nexus Select CityWalk located at Saket...
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Latest News
Zudio goes global, opens first international store in Dubai
The new store is located at Silicon Central Mall in UAENew Delhi: Tata Group-owned value retail fast fashion chain...
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