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Nandadeep Jayakar onboarded as the business head of Foot Locker India

Jayakar has held leadership positions at Adidas India, Future Group, Sony Music, Bajaj Auto, and Voltas before joining Metro Brands Ltd., which will own and operate Foot Locker stores in the country Bengaluru: Mumbai-based footwear retailer Metro Brands Ltd. (MBL), which...

Coty-owned beauty brand Max Factor enters India

Its products will be available on e-commerce platforms like Amazon, Myntra, Boddess and Tata Cliq as well as Shoppers Stop's beauty arm SSBeauty stores Bengaluru: Max Factor, a line of cosmetics from multinational beauty company Coty Inc. has entered the Indian...

Myntra forays into gifting category

The e-tailer will offer more than 70,000 options from over 100 brands, across 50 categories Bengaluru: Fashion and lifestyle e-commerce platform Myntra is set to expand into the gifting category with a selection of more than 70,000 options from over 100 brands,...

Union Budget 2024-25: Retail leaders laud the strategic direction of the initiatives

Retail leaders across categories assess the impact of the key announcements in the Union Budget 2024-25, analysing how the newly introduced measures and policy changes will influence their operations and growth prospects Bengaluru: The Union Budget 2024-25, revealed on Tuesday by...

Hindustan Unilever shares drop over 3% after Q1 earnings

The stock went lower by 3.33 per cent to Rs 2,674.10 on the BSE and at the NSE, it declined 3.29 per cent to Rs 2,675.10New Delhi: Shares of Hindustan Unilever Ltd (HUL) on Wednesday declined over 3 per...

TDS rate cut for e-tailers to help free up working capital for sellers, say e-biz players

The budget proposed reduction in TDS rate on e-commerce operators to 0.1 per cent from 1 per cent nowNew Delhi: E-biz players on Tuesday said the proposed reduction in TDS rate on e-commerce operators to 0.1 per cent from...

HUL Q1 profit up 2.2% to Rs 2,612 crore

The company's revenue from product sales was marginally up 1.68 per cent at Rs 15,497 crore as against Rs 15,240 crore in the year-ago periodNew Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Tuesday reported 2.2 per cent rise...

Relief for salaried class under new tax regime; 50% hike in standard deduction to Rs 75,000

Finance Minister Nirmala Sitharaman said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the changes announced in the BudgetNew Delhi: In sops for the middle class, Finance Minister Nirmala...

Mahindra Logistics profit falls 55% to Rs 10.15 crore in April-June

The revenue during the quarter under review, however, rose 10 per cent to Rs 1,156.66 crore from Rs 1,050.92 crore in the year-ago periodMumbai: Mahindra Logistics Ltd. (MLL) on Monday said its standalone profit fell 55 per cent to...

ShopClues aims $100 million in e-commerce exports by year end; eyes US, European markets: MD Anuraag Gambhir

The Gurgaon-based company is also planning to introduce international brands to India from Southeast Asian countries Bengaluru: ShopClues, the Indian e-commerce platform owned by Singapore-based Qoo10, has entered the next phase of its rebranding as a cross-border e-commerce platform, now...
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5 Pillars of Customer Retention

Customer experience, social media, trust, transparency and data critically impact customer retention said representatives of leading brands speaking at...
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