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today's retail news

Gems, jewellery industry urges govt for duty reduction, increase PAN card transaction limit

Currently, the basic customs duty is at 12.5 per cent ad valorem, which takes the total tax to 18.45 per cent on the imported goldMumbai: The gems and jewellery industry has urged withdrawal of hike in basic customs duty...

Triumph International opens 18th franchise store in Hyderabad

Spanning across 642 sq. ft. of retail space, the store is located at  GVK Mall, HyderabadBengaluru: Swiss-based premium lingerie brand Triumph International has launched its 18th franchise store in Hyderabad, the company said in a press release. Spanning across...

Ikea adds doorstep delivery facility in 62 new markets

The 62 new markets are spread across Maharashtra, Karnataka, Andhra Pradesh and Telangana, which would be served from its nearby storesNew Delhi: Leading furniture retailer Ikea has introduced doorstep delivery facility in 62 new markets in India, and the...

Starbucks enters Himachal Pradesh

The drive-through store is located on the Shimla-Dharampur highway Bengaluru: US-based coffee chain Starbucks has entered the state of Himachal Pradesh with the launch of its new drive-through store, a company official wrote on social media. The store is located...

Tanishq relaunches its store in Ahmedabad

Spanning across 18,000 sq. ft., the store is located at IFCI Bhavan, Lal Bungalow Chowk, Ahmedabad, GujaratBengaluru: Tanishq, a jewellery brand from the Tata Group has relaunched its grand store in Ahmedabad, the company said in a press release on...

ITC Q3 net profit rises 6.5% to Rs 5,400.52 crore

Its gross revenue from sales rose 2.3 per cent to Rs 19,337.84 crore during the quarter under reviewNew Delhi: Diversified entity ITC Ltd on Monday reported a 6.51 per cent rise in consolidated net profit to Rs 5,400.51 crore...

Arzooo secures funding boost in extended Series B round

With this additional funding, Arzooo plans to strengthen its technological infrastructure, improve operational efficiency, and deepen its focus on the consumer durable market in India Bengaluru: Retail tech platform Arzooo has further boosted its Series B funding, securing additional investment from...

Ramraj Cotton ropes in ‘Kantara’ star Rishabh Shetty as its brand ambassador

The actor who shot to fame after the 2022 Kannada flick Kantara would be the new face and brand ambassador of Ramraj dhotis, shirts, and kurtasNew Delhi:  Manufacturers and suppliers of cotton, silk, and linen shirts under popular brand...

Paragon Footwear plans to reach 150 stores by the end of FY24 – Sachin Joseph, exec VP

Sachin Joseph, executive vice-president of Paragon Footwear on the five-decade-old brand's journey, success mantras and future aspirations Bengaluru: Paragon in a way embodies Kerala's reputation as the largest rubber producer. Paragon, a brand originating from the state, has carved its niche...

The Love Co. expands presence in Russia

The partnership is in collaboration with Kristina Bykova and aims to cater to the beauty and wellness needs of the Russian market New Delhi: Indian beauty brand The Love Co. has expanded its retail presence in Russia in collaboration with...
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Flipkart expects to create 1 lakh new jobs ahead of festival season

Most of the jobs created by e-commerce companies during the festival season sale are seasonalNew Delhi: E-commerce major Flipkart...
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