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V-Mart Retail

CEO Vision 2030: Innovation and sustainability is the key to success

The Indian Retail Industry is considered as one of the fastest developing sectors of the country as it continues to take giant steps towards becoming organised. The sector is rated as one of the pillars of the Indian economy...

Festival sales dip 40 pc in retail stores, footfall down 60 pc

As a consumption slowdown grips the economy, even festival season sales (September-October) have taken a massive hit this year, with sales down around 40 per cent compared to a year-ago period.The Secretary General of the Confederation of All India...

V-Mart to hire 2,000 people; invest Rs 115 cr for 60 new stores, back-end support in FY20

Value fashion and lifestyle products retailer V-Mart Retail would hire 2,000 people and invest Rs 115 crore this fiscal to expand its footprint, a top company official said.According to a PTI report: The retailer, which mainly operates in tier-II...

V-Mart clocks 25 pc y-o-y revenue growth, 34 pc EBITDA growth

V-Mart Retail, India’s leading value fashion retailer, announced its audited financial results for the first quarter of FY20. For the first quarter, the company reported net revenue at Rs 4,530 million, up 25 percent year-on-year from Rs 3,612 million....

Retailers formatting their way to success

The concept of retail began with the evolution of human civilisation. It started with barter system and took the form of commodities being sold over the counter. However, over the last 100 years as modern retail came into being,...

India Inc reacts to easing of local sourcing norms in single brand retail

Finance Minister Nirmala Sitharaman on Friday presented her maiden budget and the first of the Modi Government in its second term.She announced that FDI inflows into India have remained robust despite global headwinds.“Global FDI flows slid by 13 percent...

V-Mart reports 27 percent growth in topline, reaches 200-store milestone

V-Mart Retail, India’s leading value fashion retailer,  announced its unaudited financial results for the quarter and nine months ended 31st Dec,2018 whichwere approved by the Company and Board of Directors at its meeting held on 5th Feb, 2019.The company...

Anand Agarwal, CFO, V-Mart Retail

Anand Agarwal is a Chartered Accountant and a Company Secretary, with 22+ years of experience in strategic planning, finance, taxation, legal, treasury, fund raising, mergers and acquisitions, investor relations and board management. In his eclectic professional journey, he has...

V-Mart reports increase in revenue from operations to Rs 6,234 million

V-Mart Retail Ltd. has announced its unaudited financial results for the quarter and six months ended September 30, 2018 which were approved by the company's board of directors at its meeting held on November 02, 2018.During the first half...

V-Mart Retail evaluating Omnichannel strategy to expand biz, reach

Value fashion and lifestyle products retailer V-Mart Retail, which primarily operates in smaller towns, is evaluating a Omnichannel (offline and online retail) strategy to expand business and reach its customers.According to a PTI report: The company is also looking...
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Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report

On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr Bengaluru: Parle Products...
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