Latest Retail Insight, News, Information & Articles from all top sources for the Internet.

Multi-brand footwear retail chain Metro Brands Ltd on Friday reported a consolidated net profit after tax of Rs 105.78 crore for the quarter ended June. The company had posted a net loss after tax of Rs 12.13 crore during the January-March quarter last year, Metro Brands Ltd said in a regulatory filing. Metro Brands’ total […] from Indiaretailing.com https://ift.tt/HMxoy10 via IFTTT

Ed-a-Mamma has expanded its business by launching its kidswear collection in the Indian market via shop-in-shops. The brand has stepped into the retail market in major metropolitan cities as well as Tier II cities through Shoppers Stop & Lifestyle stores. In the western part of India, the company has launched 7 stores in Mumbai – […] from Indiaretailing.com https://ift.tt/8vMoZHe via IFTTT

D2C E-commerce company Madbow Ventures Ltd announced the launch of ethnic collection under the label Kali House ahead of the festive season. The newly launched label has an exquisite range of ethnic wear collections like Designer Lehengas and Sarees, Kurtis for both festive occasions and daily wear, ethnic gowns, Palazzo Pants, and even Mughal era […] from Indiaretailing.com https://ift.tt/trW8cKJ via IFTTT

Relaxo has launched its store at Jeypore in Orissa. The new store is a ‘One-for-All’ destination and offers a variety of footwear for the entire family. Fashion lovers can explore fresh launches of popular brands like Relaxo, Sparx, Bahamas, Flite, MaryJane, Boston, and KidsFun. Nitin Dua, Executive Director, Relaxo Footwears Ltd on the occasion said, […] from Indiaretailing.com https://ift.tt/o79D0Uk via IFTTT

The global eyewear market size was valued at USD 157.9 billion in 2021. It is expected to expand at a compound annual growth rate (CAGR) of 8.4 per cent from 2022 to 2030. The changing lifestyle patterns and increasing adoption of luxurious accessories among millennials strongly favour market growth. Encouraged by the burgeoning product demand, […] from Indiaretailing.com https://ift.tt/nlHktG0 via IFTTT

Retail chain Shoppers Stop Ltd on Tuesday reported a consolidated net profit of Rs 22.83 crore for the first quarter that ended on June 30, 2022. The company had posted a net loss of Rs 104.89 crore in the April-June quarter a year ago, said Shoppers Stop in a regulatory filing. Its revenue from operations […] from Indiaretailing.com https://ift.tt/0ImQHng via IFTTT

Benetton, an Italian textiles company founded in 1965, has announced the appointment of Andrea Incontri as Creative Director of the Women’s, Men’s and Children’s collections. Massimo Renon, chief executive officer of Benetton Group commented on this announcement and said, “We take great pride in the fact that Andrea Incontri is joining the large Benetton ‘family’ […] from Indiaretailing.com https://ift.tt/wT9HMQ7 via IFTTT

The Yellow Dwelling, a furnishing and decor boutique brand  launches its store in South Point Mall in Gurgaon. This is the brand’s 4th retail store in the country besides them having a strong online presence along with worldwide shipping. The new store is spread across 800 sq.ft,  the décor of the store itself is charming […] from Indiaretailing.com https://ift.tt/RkhU1zX via IFTTT

Khadim has been synonymous with providing the nation with affordable footwear that is high on style. Over the years the brand has not only gained a steady following but has changed its course of action too to bring in new strategies for growth.  Khadim was established on December 3, 1981, as S.N. Footwear Industries Private […] from Indiaretailing.com https://ift.tt/Vy6s8dJ via IFTTT

Aditya Birla Fashion and Retail Limited (ABFRL) announced a partnership with Adobe for a customer experience programme, designed to deliver high-quality digital experiences. As part of ABFRL’s digital transformation strategy, iconic brands including Louis Philippe, Van Heusen, Allen Solly, Peter England, and Pantaloons will utilise Adobe Experience Cloud (AEC) to power their websites and mobile […] from Indiaretailing.com https://ift.tt/GprCQmz via IFTTT

IKEA India (part of the Ingka Group), the Swedish home furnishings retailer will be opening doors to the  newest store in Mumbai, located at R CITY, Ghatkopar (W) on July 28 2022. This will be IKEA’s third store in Mumbai which will strengthen IKEA’s commitment to India, making the brand more accessible to many people.  […] from Indiaretailing.com https://ift.tt/7uJ0TzD via IFTTT

V-Mart has expanded its footprint in the ‘City of Joy’- Kolkata with the opening of its largest fashion Store in India. The store is spread across a 35,000 sq.ft carpet area, the new flagship store boasts to be the largest fashion destination for its patrons in Kolkata. V-Mart’s largest store is located in Metropolitan Building […] from Indiaretailing.com https://ift.tt/QjE5ZFC via IFTTT

Salt Attire – a one-stop shop that provides a premium wardrobe solution for women has recently announced the launch of its new experience stores in Phoenix Palladium and Infiniti Mall, Malad to offer quality clothing to modern-day women based in Mumbai.  The new store boasts a variety of high-quality multi-functional designs that are crisp, fashion-forward […] from Indiaretailing.com https://ift.tt/wl8dMAI via IFTTT

Jodhpur based PritiHome offers interior collections for homes recently announced its plans for launch of offline stores. The company already has a remarkable reach through its online platform. Aiming to target the potential customers who prefer purchasing from offline stores, the furniture company is expanding its offline presence in major cities across the country. The […] from Indiaretailing.com https://ift.tt/G1V28Oe via IFTTT

ANAROCK Retail, expects to complete leasing out Pune Airport’s standalone mixed-use centre encompassing shopping, office & coworking, a food court and multi-level car park (MLCP) by the end of Q3 2022. As sole advisors for this massive development, called AeroMall and developed by Pebbles Infra-Tech Pvt. Ltd., ANAROCK has designed the complex, managed its development, […] from Indiaretailing.com https://ift.tt/xgUiq7u via IFTTT

Relaxo has launched its Exclusive Brand Outlet in the city of Jorhat, Assam. The new store is a ‘One-for-All’ destination and offers a variety of footwear for the entire family. Fashion lovers can explore fresh launches of popular brands like Relaxo, Sparx, Bahamas, Flite, MaryJane, Boston, and KidsFun. On the occasion Nitin Dua, Executive Director, […] from Indiaretailing.com https://ift.tt/Jzhvykb via IFTTT

The eponymous home lifestyle brand, Orange Tree makes its brick-and-mortar debut in Hyderabad, with a spacious, experiential and alluring flagship store.  The store is spread across 4,000 sq. feet, the store exudes an inviting, contemporary and chic aura, while reflecting modern sensibilities. An eye-catching, impressive Jodhpur stone façade welcomes its visitors with a nudging reminder […] from Indiaretailing.com https://ift.tt/5GM8NBK via IFTTT

Bonito Designs, an interior design company headquartered in Bengaluru, has signed iconic interior designer Gauri Khan and Manish Malhotra to curate bespoke homes for its customers. Bonito has emerged as the fastest growing and profitable home interior design brand in the organised segment. The Company registered 20% m-o-m growth on the back of a well […] from Indiaretailing.com https://ift.tt/GXJnLEx via IFTTT

Khadim India Ltd launches its First Flagship Airport store in the domestic departure terminal at Netaji Subhas Chandra Bose International Airport, Kolkata to mark its foray into travel retail. The store is a very special part of the company’s strategic growth plan of retail expansion as the brand has witnessed substantial demand for its products […] from Indiaretailing.com https://ift.tt/fiRQmlN via IFTTT

With a bold and innovative mix of retail, entertainment, and leisure facilities, PINKWALK, the upcoming project from Mangalam Group & SSB Group will redefine Jaipur’s lifestyle shopping experience. Jaipur is about to get all jazzed up to welcome the arrival of PINKWALK. The upcoming project from Mangalam Group & SSB Group, is poised to be […] from Indiaretailing.com https://ift.tt/sIEpxar via IFTTT

Raymond Limited, a textile, apparel, retail and real estate conglomerate today announced the appointment of Atul Singh to lead the Group, signalling a significant step towards  creating a future ready organisation. As Raymond is gearing to mark its centenary year in 2025 the  company is on a transformation journey by strengthening its leadership by bringing […] from Indiaretailing.com https://ift.tt/IDnTqrG via IFTTT

Croma from the Tata Group, has recently opened its new store at Iris Broadway mall in Sector 85 – 86, Gurugram. With the launch of this store, New Gurugram gets its first Croma store, the mega electronic retail destination.  The company is the first national large format retail specialist in the city offering over 16000+ […] from Indiaretailing.com https://ift.tt/0zK2R6i via IFTTT

Superkicks opened its largest multi-brand sneaker boutique in Vasant Vihar, South Delhi. The store is one of India’s largest multi-brand sneaker boutiques”, an official statement highlighted. The store is strategically located in the nostalgic nook lovingly known as Priya Market, the new Superkicks store roughly sprawls 2400 sq. ft in carpet area making it every […] from Indiaretailing.com https://ift.tt/JAPv7G0 via IFTTT

DaMENSCH, a men’s fashion brand has recently raised $16.4 million funding, today announced their plan to foray into offline retail business. The brand founded in 2018 by Gaurav Pushkar and Anurag Saboo has grown 3X YOY in the last three years. Gaurav Pushkar, Co-Founder, DaMENSCH  commenting on the launch of the offline presence or some […] from Indiaretailing.com https://ift.tt/HYkXUlT via IFTTT

Apparel brand Monte Carlo Fashions reported over two-fold revenue growth of 130% in the April-June quarter this fiscal, helped by volume growth and price increase. ”During the quarter, the company saw strong demand across segments in revenue as things are getting back to normal. It has recorded a strong first-quarter sales with robust revenue growth […] from Indiaretailing.com https://ift.tt/L8xfOoC via IFTTT

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported over six-fold jump in its consolidated net profit to `642.89 crore for the quarter ended on June 30, 2022, helped by a “very good recovery” in overall sales and a comparative low YoY base. The company had posted a net profit of […] from Indiaretailing.com https://ift.tt/iR6IYBd via IFTTT

The Good Glamm Group has appointed Asad Raza Khan as its Global Commercial Officer.  He will be responsible for leading the entire international business for the Good Glamm Group increasing the footprint of the conglomerate globally. Asad brings with him nearly two decades of FMCG and beauty experience and in his most recent role as […] from Indiaretailing.com https://ift.tt/mIw0ibJ via IFTTT

Landmark Group has announced the appointment of Kabir Lumba as the new CEO of Landmark Retail, marking yet another milestone in the iconic retail leader’s illustrious career.  Having been a part of Landmark Group for 18 years, Kabir has led multiple businesses within the Group, across geographies and he is now taking the CEO role […] from Indiaretailing.com https://ift.tt/ldmr7ME via IFTTT

Right on the heels of its aggressive expansion to US and UK markets, iD Fresh Food has announced its seventh round of Employee Stock Option Plan (ESOP) tranche for 27 employees for their contribution to the company’s success and continued growth through challenging times. Since 2016, the company has granted around INR 300 crore worth […] from Indiaretailing.com https://ift.tt/qOsNX07 via IFTTT

KAZO brand’s KZ07 launched its new store in Model Town Market, Jalandhar. The store will cater to the diverse and dynamic youth, and aims to extend individuality, beyond one’s comfort zone by experimenting with new ways to embrace cultures.  The brand excels in creating the finest clothing and accessories for men and women that are set to […] from Indiaretailing.com https://ift.tt/1qpEFwG via IFTTT

The Décor Kart has recently announced the relaunch of its latest store in a premium mall Select City Walk (Saket, Delhi). The newly opened store is rebranded with a special curation of upmarket products that are not yet launched at any other store or its website, including Tiffany lamps and ceiling lights. Nihal Kalra, Co-Founder […] from Indiaretailing.com https://ift.tt/pPxaWvH via IFTTT

Infiniti Mall has announced the appointment of Nitin Bir as the new Vice President. Bir will be responsible for overseeing the operations of the mall including Retail, Marketing, Leasing, F&B, Sales, HR, Facilities, Administration and Finance to ensure high quality of operating standards. Efficiently driving revenues and devising strategies to adapt to the dynamic industry, […] from Indiaretailing.com https://ift.tt/ZGE0uxJ via IFTTT

The funding landscape is changing rapidly and in recent years, new fund raises have been the talk of the town, alongside the buzz of IPO. The trend of funding started with bank loans and then moved further into the venture capitalist arena, which brought in a personal approach to investment. But with our growing economy, […] from Indiaretailing.com https://ift.tt/Tyr2zDB via IFTTT

AP Group has announced a strategic partnership with two of the international premium brands, Roberto Cavalli Watches and Roberto Cavalli by Frank Muller- a luxury Swiss watch segment.  Through a historic collaboration between Italian luxury brand Roberto Cavalli and premium Swiss Watchmaker Franck Muller, AP Group has come forward to introduce an exclusive collection of […] from Indiaretailing.com https://ift.tt/XMQ5zto via IFTTT

Reliance Retail Limited has entered a long term partnership with Gap Inc. Through  the long-term franchise agreement, Reliance Retail has become the official retailer for Gap  across all channels in India. Reliance Retail will introduce Gap’s latest fashion offerings to  Indian consumers through a mix of exclusive brand stores, multi-brand store expressions  and digital commerce […] from Indiaretailing.com https://ift.tt/als1OVM via IFTTT

Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Interio will focus on North India to grow its omnichannel footprint. The business plans to grow by 35% by FY25 in the Northern region of India. Godrej Interio has been heavily investing in key digital technologies, automations, processes, and people […] from Indiaretailing.com https://ift.tt/onfiCkJ via IFTTT

Retail chain Shoppers Stop Ltd has plans to launch 12 new stores in FY23, primarily in tier-2 and tier-3 cities, and will continue to invest in store renovations. Shoppers Stop plans to increase the share of new and refurbished stores to over 50 per cent in FY23, said the latest annual report of the company. […] from Indiaretailing.com https://ift.tt/AVyWNdP via IFTTT

Innovist, the parent company of D2C hair care brand Bare Anatomy and ceramide-based skincare brand Chemist at Play, has further expanded its portfolio with the launch of SunScoop, a sunscreen-only brand.  Rohit Chawla, Founder and CEO of Innovist speaking on the launch said, “We are excited to announce the launch of our new subsidiary brand […] from Indiaretailing.com https://ift.tt/cz0BSmn via IFTTT

Metro Brands Limited (MBL) has entered into a strategic partnership with the Canada-based footwear company Biion in bringing their versatile collection to the country. The premium footwear collection combines function and technology to create fashionable shoes for the high-performance lifestyle of the ‘Professional Leisure-ist’. As part of this launch, Metro Brands will exclusively retail Biion […] from Indiaretailing.com https://ift.tt/vElzV1H via IFTTT

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, reported a nearly two-fold rise in its standalone revenue from operations to Rs 9,806.89 crore for the first quarter ended on June 30, 2022. The company had revenue from operations of Rs 5,031.75 crore in the April-June quarter a year ago, Avenue Supermarts informed BSE […] from Indiaretailing.com https://ift.tt/HX1nB58 via IFTTT

The metaverse is a portmanteau of two words: Meta, which means ‘beyond’ in Greek, and Verse, which is suggestive of the universe. Although there is no official definition for the word, in simple terms it means a confluence of our physical and virtual world or a parallel 3D universe where we can create our digital […] from Indiaretailing.com https://ift.tt/N2ItPkL via IFTTT

Global Japanese retailer UNIQLO, announced a new store in Lucknow; its first outside of Delhi NCR as it takes its LifeWear concept of functional and high-quality clothing to the largest city of the Indian State of Uttar Pradesh. The new store will open at Lulu Mall in July 2022. The store is spread over 9,265 […] from Indiaretailing.com https://ift.tt/HpP5mxg via IFTTT

GUESS is now expanding its retail presence with the opening of its sixth store in DLF Saket, Delhi. The mall offers more than 50 global brands attracting shoppers from all around. Beautifully curated, the GUESS store will bring to life the young, contemporary and sexy vibe of the brand that it is renowned around the […] from Indiaretailing.com https://ift.tt/6QF5gLz via IFTTT