top retail news
FMCG
Rural India a ‘bright star’ for FMCG sales; will continue to outpace urban expansion in Q2 of 2024: Kantar
PTI -
This growth in the rural areas is helped by region-centric measures by the government in the interim budget earlier this yearNew Delhi: Rural India remains a "bright star" for the growth of fast-moving consumer goods sales and the region...
E-Commerce
Zepto raises $665 million; valuation nearly triples to $3.6 billion
PTI -
The funding round saw participation from new investors like Avenir, Lightspeed, and Avra, alongside existing investors Glade Brook, Nexus, and StepStone, Goodwater, and Lachy GroomNew Delhi: Quick commerce company Zepto on Friday said it has raised $665 million (about...
Fashion & Lifestyle
Baggit reaches 100-store milestone
The bags and accessories brand’s 100th store is located in Andhra Pradesh
New Delhi: Premium bags and accessories brand Baggit has opened its 100th store in India, a top company official revealed in a social media post.
The latest store spans an...
Fashion & Lifestyle
Camaro plans to set foot in west, north India
PTI -
The expansion will help double its turnover to Rs 200 crore over the next three yearsNew Delhi:Â Camaro, the city-based denim and casual wear brand, is planning to expand its footprint to western and northern India, a company official said...
Finance and Funding
Ahead of IPO, Stanley Lifestyles collects Rs 161 cr from anchor investors
PTI -
Stanley Lifestyles has decided to allot 43.66 lakh equity shares to 16 funds at Rs 369 a pieceNew Delhi: Luxury furniture brand Stanley Lifestyles on Thursday said it has raised a little over Rs 161 crore from anchor investors,...
Fashion & Lifestyle
John Jacobs targets 6 million consumers in three years to become India’s largest eyewear brand: Apeksha Gupta, CEO
Apeksha Gupta, chief executive officer of John Jacobs, talks about the premium eyewear brand’s strategic priorities, omnichannel journey, marketing initiatives and more
Bengaluru:Â Designer eyewear brand John Jacobs, under the aegis of Lenskart, has carved a niche in the Indian eyewear...
Food & Beverage
Eatery chain Eve opens second outlet in Mumbai
The dining concept, parented by Monarch Liberty Hospitality, launched its first outlet in 2022Bengaluru: Monarch Liberty Hospitality’s dining concept Eve has expanded its retail presence with its second outlet in Mumbai, located at Worli, the company said in a...
Food & Beverage
Swiggy launches recruitment support initiative for partner restaurants
PTI -
Swiggy has teamed up with staff hiring experts like Apna, WorkIndia, Kaam, and ShiftzNew Delhi: Food and grocery delivery platform Swiggy on Thursday announced the launch of a new feature on its partner app to connect restaurants with...
Fashion & Lifestyle
Rise in gold prices to restrain jewellery consumption growth to 6-8% in FY2025: ICRA
Gold prices rose 14% in FY24 on a YoY basis, and the current prices are higher by 19% over the FY24 averageBengaluru: Domestic jewellery consumption growth (in value terms) is expected to moderate to 6-8% in fiscal year (FY)...
Latest News
Blue Dart launches drone deliveries in collaboration with Skye Air
PTI -
The move marks a significant advancement towards cleaner and more efficient delivery solutionsNew Delhi: Logistics operator Blue Dart on Wednesday announced the launch of drone deliveries in collaboration with Skye Air and said the partnership will initially focus on...
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Latest News
Govt asks retailers to cut profit margins on pulses; pass on lower wholesale rates
The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players.New Delhi: The...
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