today’s retailnews
In Focus
Shoppers Stop elevates Kavindra Mishra as new CEO as Venu Nair resigns abruptly
Mishra has been appointed as the executive director and chief executive officer of the Company for a period of three years effective 1 September, 2023, subject to approval of the shareholders of the Company
Mumbai: Shoppers Stop Ltd. has promoted...
Fashion & Lifestyle
Premium menswear brand Celio launches its latest new concept store in Bengaluru
Spread across 2,300 sq. ft., this will be the brand’s 8th store in the city
Mumbai: Celio, the French menswear brand launched its new store in Lulu Mall, Bengaluru, the company announced in a press release. Spread across 2,300 sq....
Fashion & Lifestyle
Apparel company Dennison to unveil Brand Store on the PARIZ Metaverse
The company has collaborated with Trace Network Labs to extend its Web2 digital footprint to the Web3 spaceMumbai: Workwear apparel company, Dennison will launch the Dennison brand Metastore on PARIZ Metaverse on 28 August 2023, the apparel company announced...
E-Commerce
6 digital-first brands that went physical
These offline brands took the offline route to expand and reach a wider customer base
Mumbai: While online offers convenience, offline offers experience and today’s consumers want both, compelling several digital-first brands to transition into the physical world.
According to a 2022...
Latest News
Public procurement from GeM portal crosses Rs 1 lakh crore so far this fiscal
PTI -
The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departmentsNew Delhi: Procurement of goods and services from government portal GeM has crossed Rs...
Insight
Mission Chandrayaan-3: 5 Learnings for retailers
India created history by successfully landing Chandrayaan-3 on the moon’s South Pole. Here’s what retailers can learn from the milestone missionMumbai: At 5.28 pm (IST) on 23 August all eyes across the world were set on millions of screens—from...
In Focus
Qatar Investment Authority to invest Rs 8,278 crore in Reliance Retail
PTI -
RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores
New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...
D2C
SuperBottoms secures $5 million in series A1 funding round
Lok Capital, Sharrp Ventures, DSG Consumer Partners, and Saama Capital participated in the funding round
Mumbai: SuperBottoms, a sustainable baby and mom care brand has raised $5 million in its recent series A1 funding round led by Lok Capital and Sharrp...
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...
E-Commerce
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...
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Latest News
Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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