retail news updates
FMCG
FMCG firms report single-digit volume growth with better margin in December quarter
PTI -
Companies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer demand from rural India remained subdued even as they expect an improvement in coming quartersNew Delhi: Fast-moving consumer goods...
Food & Beverage
Jivraj9 aims to capture 3% to 4% of the total market share in 4 years – founder
The brand currently has over 275 authorised distributors as part of its network in six states of the country, servicing over 50,000 outlets directlyBengaluru: Jivraj9 is known for its high-quality tea blends, made from leaves sourced from the finest...
Fashion & Lifestyle
How Tailor & Circus redefined the innerwear market in India
The brand has experienced a threefold increase in revenue on a year-on-year basis, and its customer base has also tripledBengaluru: Since its inception, Tailor & Circus has remained true to its vision of designing extremely comfortable innerwear for men...
Fashion & Lifestyle
Reliance Retail’s Avantra by Trends opens 71st store
The new store is located at Phoenix Marketcity mall, Kurla West, MumbaiBengaluru: Avantra by Trends, an ethnic wear brand by Reliance Retail, has launched its 71st store in the country in Mumbai, a company official wrote on social media....
E-Commerce
Flipkart to roll out same day delivery
The initiative is getting rolled out starting February 2024
Bengaluru:Â Bengaluru-based e-commerce marketplace Flipkart is gearing UP to roll out same day delivery of products across multiple categories, the company said in a press release.
The move will see customers across cities...
Consumer Durables & IT
Apple tops India smartphone market in revenue share in 2023
PTI -
Samsung topped the chart in terms of sales volume followed by Vivo with 17 per cent market share in terms of volumeNew Delhi: iPhone maker Apple led India market with highest revenue in 2023 for the first time while...
Food & Beverage
Jubilant Foodworks net profit declines 18.2% to Rs 65.7 crore in Q3
PTI -
Its revenue from operations increased 3.47 per cent to Rs 1,378.11 crore during the quarter. It was at Rs 1,331.81 crore in the year-ago periodNew Delhi: Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino's Pizza and Dunkin' Donuts,...
Food & Beverage
Restaurant chain Moti Mahal to enter Europe
The company already has a presence in the USA, Africa, New Zealand, Maldives, Colombo, and the Middle East
Bengaluru: The 104-year-old culinary brand Moti Mahal is planning to enter Europe this year, the company said in a press release on Wednesday. The...
People
Daniel Ervér is new president and CEO for the H&M Group
Ervér succeeds Helena Helmersson who has decided to step down as CEO and leave the H&M group
Bengaluru: Swedish multinational retail-clothing company H&M has appointed Daniel Ervér as its new president and chief executive officer (CEO), the company said in a...
Beauty & Wellness
Tata’s beauty and cosmetic brand Misbu plans to enter North India
The store is expected to be 2,500 sq. ft., located on the ground floor of the Reach 3Roads Mall, GurugramNew Delhi: Tata Group-owned beauty and cosmetic brand Misbu plans to open its first store in Gururgram, people aware of...
- Advertisement -
Latest News
Indian consumers prefer ‘offers’ faster online than offline: Report
The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
- Advertisement -