retail sector growth in india
Fashion
Celio India outlet reopens in Navi Mumbai
The store is located at Inorbit Mall, palm beach road in Vashi
Mumbai: Menswear brand Celio has reopened its outlet in Mumbai, the company announced on social media. The store is located at Inorbit Mall, palm beach Road in Vashi.
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People
Triumph appoints Ankur Damani as Commercial Director India and Sri Lanka
Damani will spearhead efforts to help the company achieve three-fold growth in the coming years. He will be responsible for overseeing annual revenue and P&L driving Triumph's next chapter of growth in India and Sri Lanka.Â
Mumbai: Swiss intimate apparel...
FMCG
Bikaji Foods International acquires 49% stake in Bhujialalji
Subsequent to the acquisition, Bhujialalji Private Limited will become an associate to the company
Mumbai: Bikaji Foods International Ltd. has acquired a 49% stake and 396 Compulsorily Convertible Debentures (CCDs) in Bhujialalji Pvt. Ltd., an upcoming company in the ethnic...
Big Grid
Tepid business is forcing fashion brands to cancel orders, delay deliveries from suppliers
Several fashion and lifestyle brands report a 10% to 20% decrease in business in the last three months compared to the same months last year as consumers cut down discretionary spends
Mumbai: Fashion brands across the board are reporting tepid...
E-Commerce
7 areas every eCommerce business should focus on
eCommerce is an extremely competitive space. Paying attention to these key areas will help businesses drive growth and offer a superior customer experienceIn 2022, the online seller base in India has grown by 35% year-on-year, according to a recent...
Finance and Funding
5% global minimum tax to come into effect next year: OECD
PTI -
The OECD said that till date, around 50 jurisdictions have taken steps to implement the global minimum tax. New Delhi: Global minimum tax of 15 per cent will come into effect from next year and by 2025 almost 90 per...
Big Grid
We aim to have 100 stores by the end of FY2024: Ashmeer Sayyed, DaMensch
Ashmeer Sayyed, the chief retail officer of menswear brand DaMensch, on the online-first brand's offline presence, store USP and expansion strategy Mumbai: In June 2023, online to offline men’s clothing brand DaMensch released a teaser on its official LinkedIn...
Beauty & Wellness
Gifting brand Archies partners with beauty and wellness brand MCaffeine
The partnership aims to provide optimal product awareness and promotion among users
Mumbai: Archies, a gifting brand and skin care and wellness brand, MCaffeine has joined hands to enhance the gifting experience of their joint customer base, the company announced...
Retail
India franchise industry to touch $140-150 billion in next 5 years, says report
PTI -
The Indian franchise industry is valued at around Rs 800 billion and is expected to continue growing in the coming years at a rate of 30 to 35% per annumNew Delhi: The India franchise business is expected to touch...
Fashion & Lifestyle
Fashion brand icons: Vineet Gautam of Bestseller India
IndiaRetailing brings you a series in which we highlight the brand icons in India’s thriving fashion and lifestyle industry. Today, the spotlight is on Vineet GautamMumbai: No business can survive for long without a vision; even if it does,...
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Latest News
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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