retail news
E-Commerce
Meesho aims to digitize 10 million Sellers by 2027
The aspirational goal marks a remarkable 10-fold expansion of Meesho’s current seller base of 1.3 million
Bengaluru: E-commerce marketplace Meesho has announced its goal to onboard 10 million small businesses by 2027 and help them succeed online at an event held in Delhi on...
Fashion & Lifestyle
Lifestyle International FY23 profit jumps to Rs 700 crore
PTI -
Its net profit for the financial year 2021-22 was Rs 269 crore and revenue from the operations stood at Rs 7,806 croreNew Delhi: Retail store chain Lifestyle International Ltd, part of Dubai-based retail and hospitality conglomerate Landmark Group, has reported a...
Fashion & Lifestyle
Venu Nair’s Quest to Reinvent the Shoppers Stop Mojo
Under the leadership of its managing director Venu Nair, India’s first department store chain Shoppers Stop is reinventing itself once again with a focus on beauty and private labels along with a host of other initiatives. The question is,...
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Meesho aims to grow merchant base 10 times to 1.1 cr by 2027
PTI -
Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchantsNew Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...
Shoes & Accessories
Footwear industry to record 11% revenue growth this fiscal: Report
PTI -
Softening input cost will boost operating margin by about 125 basis points to 9 per cent, which will still be below the pre-pandemic levels of 10 per centMumbai: Softening input cost and rising demand will help the footwear industry...
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BSH Home Appliances opens 20th Bosch brand store in Bengaluru
Located at HSR Layout, the store offers washing machines, washer-dryers, refrigerators, microwaves, cooktops, hobs and other small appliancesBengaluru: Home appliance retailer BSH Home Appliances has strengthened its presence in Karnataka with the launch 20th Bosch brand store in Bengaluru,...
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Home décor brand Akkad Bakkad opens its second store in Bengaluru
The new store is spread across 3000 sq. ft. of retail space and is located at HSR Layout, Bengaluru.Bengaluru: Lifestyle and home décor brand Akkad Bakkad has launched its second physical store in Bengaluru, said the retailer in a...
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Lavie Sport signs Bollywood actor Ranveer Singh as its brand ambassador
Ranveer Singh will be seen inspiring the audience to elevate their active lifestyle while being in style with Lavie Sport's range of products such as backpacks, duffle bags, briefcases, and other accessories like wallets and slings
Mumbai:Â Bagzone Lifestyle Pvt. Ltd.,...
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Max Fashion unveils 6,000 sq. ft. pookalam installation in Kochi
Made with more than 8,000 clothes, the installation is displayed at Marine Drive Ground in Kochi
Bengaluru:Â At the launch of its largest store, Dubai-based international fast-fashion retailer Max Fashion unveiled a 6,000 sq. ft. pookalam (a design made on the...
Retail
India moves up to 11th position in global direct selling ranking
PTI -
On a constant dollar basis, the Indian market attained the highest Compounded Annual Growth Rate (CAGR) of over 13.3 per cent during the last three yearsNew Delhi: India has moved up to 11th position in the ranking of top...
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Haier set to cross a billion revenue mark in 2024, aims Rs 11,500 cr next year
The company also has plans to set up a third manufacturing facility in the Southern part of the countryNew...
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