retail news updates
FMCG
Tata Consumer to merge 3 wholly-owned subsidiaries – NourishCo, SmartFoodz and Soulfull
PTI -
The combined businesses will have more effective utilisation of the resources, reduction in overheads, costs and expenses, economies of scale, elimination of duplication of work and rationalisation and reduction of compliance requirementNew Delhi: Tata Consumer Products Ltd said it...
Entertainment
Fun City launches 5th outlet in Bengaluru
The new Fun City outlet is located at the newly launched Phoenix Mall of Asia, Hebbal, North Bengaluru
Bengaluru: Landmark Group’s entertainment arm Fun City has launched its new outlet in Bengaluru. It is the fifth outlet of the brand in...
Fashion & Lifestyle
Ethnic wear brand Neeru’s opens store in Andhra Pradesh
The stand-alone store is spread across 7000 sq. ft. of real estate and is located at JN Road, Rajahmundry
Bengaluru: Ethnic wear retailer Neeru’s has opened a new store in Andhra Pradesh, wrote a company official on social media. The stand-alone...
E-Commerce
Amazon surpasses 1.1 GW clean energy capacity in India
PTI -
The e-commerce brand added a new 198-megawatt wind farm project in Osmanabad, MaharashtraNew Delhi: E-commerce and cloud company Amazon has surpassed 1.1 gigawatts of renewable energy capacity in India with an addition of its new 198-megawatt wind farm project...
Finance & Funding
Colgate Palmolive gets Rs 170 crore Transfer Pricing Order from Income Tax authorities
PTI -
The Transfer Pricing Order is for the financial year 2021-22New Delhi: Leading oral care products maker Colgate-Palmolive (India) has received a Rs 170 crore Transfer Pricing Order from Income Tax authorities disallowing 'certain' international transactions.The Transfer Pricing Order is...
Fashion & Lifestyle
Apparel Group India launches 7 stores in a day at Phoenix Mall of Asia
The newly launched 7 brands include Bath & Body Works, Aldo, Aldo Accessories,Charles & Keith, La Vie En Rose, Beverly Hills Polo Club and Tim HortonsBengaluru: Fashion and lifestyle retail conglomerate Apparel Group India has launched 7 brand stores...
Fashion & Lifestyle
The House of Rare unveils its largest store in Bengaluru
The new store of The House of Rare situated at Phoenix Mall of Asia, Hebbal, North BengaluruBengaluru: Omnichannel fashion retail house The House of Rare has launched its largest store in Bengaluru, the company wrote on social media. The...
FMCG
Marico net profit rises 17% to Rs 360 crore, revenue falls maginally to Rs 2,476 crore in Q2
PTI -
Total expenses of Marico, which owns brands like Saffola, Parachute, and Livon, stood at Rs 2,038 crore during the September quarter of the financial year 2023-24New Delhi: Home-grown FMCG major Marico Ltd on Monday reported a 17.26 per cent...
Consumer Durables & IT
Apple India revenue jumps 48% to Rs 49,322 crore in FY23
PTI -
The company's profit increased by about 77 per cent to Rs 2,230 crore in fiscal year (FY) 2023, from Rs 1,263 crore in FY2022New Delhi: iPhone maker Apple India witnessed a 48 per cent jump in revenue on a...
Fashion & Lifestyle
Fashion rental firm Flyrobe opens store in Karnataka
Situated at Belagavi, the store offers western and ethnic clothing and accessories for men and women
Bengaluru:Â Â Fashion rental omnichannel brand Flyrobe has launched its new store in Karnataka at Belagavi, the company said in a press release on Sunday.
“We are...
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Digital Icon : Rajneesh Sharma
Rajneesh Sharma brings over 24 years of diverse experience in FMCG, fashion, retail, and manufacturing. Rajesh is dedicated to...
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