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Sumit Jasoria

D2C brands struggle for prime mall spaces as leasing norms evolve

Legacy brands and international retailers dominate high-footfall areas, while emerging D2C players struggle to break into the offline retail ecosystem.New Delhi: The rise of direct-to-consumer (D2C) brands in India has disrupted traditional retail models, but when it comes to...

Fashion retailers struggle to make RFID work at scale

Brands are struggling to track stock in real-time and integrate legacy systems with modern tech while ensuring efficiency and accuracy.New Delhi: While AI and automation investments are shaping the future of fashion retail, inventory management remains a foundational challenge for...

Fast fashion brand Newme eyes Rs 5,000 cr, 100 stores by FY30: Founder Sumit Jasoria

Currently operating 13-14 stores, Newme has set a target of reaching 100 outlets by FY30, combining its digital-first DNA with a strong offline presence.New Delhi: Fast-fashion startup Newme by Sumit Jasoria focussing on Gen Z, trend-driven collections and rapid...

NEWME aims to triple consumer base to 12 million by 2025, targets 70 Stores by 2026: Co-founder Sumit Jasoria

Sumit Jasoria, co-founder of NEWME, elaborates on the brand’s origin, its use of technology, online and offline expansion strategies, and more…Bengaluru: Gen-Z represents the future spending power in luxury and holds the current spending power in affordable premium and...

Fashion-tech startup Newme enters Mumbai

The latest Newme store is located on the second floor of Infiniti Mall, Malad and is spread over 3,600 sq. ft. of carpet areaBengaluru: GenZ-focused fashion-tech startup Newme has entered Mumbai with its first flagship store, the company said...
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Coffee Day Enterprises’ total default at Rs 425.38 crore as on March 2025

Coffee Day Enterprises Ltd. (CDEL), which is paring its debts through asset resolution, in a regulatory update, said "the...
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