retail sector growth in india
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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...
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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...
Fashion & Lifestyle
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...
Fashion & Lifestyle
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...
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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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Reliance Trends opens one more outlet in Gujarat
The latest Reliance Trends outlet is at Surat
Mumbai: Lifestyle brand Reliance Trends has launched one more outlet in the state of Gujarat. The latest outlet is at Surat and boasts the store format's new brand identity and tech features,...
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Patanjali Foods to set up oil palm mill in Mizoram
The mill will be set up at Liapha in south Mizoram's Lawngtlai district, and the company is hopeful the...
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