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

adidas originals announced the launch of its largest store at Brigade Road, Bengaluru. The store is located at the most iconic street in the city and is spread across 3140 sq.ft.  The newly revamped adidas originals store at Brigade Road Store in Bengaluru aims to transform the street style space in the city by providing […] from Indiaretailing.com https://ift.tt/GeRyIkJ via IFTTT

Beverage brand Bored Beverages has raised over Rs 2.5 Cr in a seed round led by Inflection Point Ventures and a clutch of private investors, the company said in a press release. Individual investors include Bhawana Bhatnagar, founder – WeFounder Circle, Soumya Kant, founder, Clovia and from a firm called Dot In Network. Prabhtej Singh […] from Indiaretailing.com https://ift.tt/4NHUXSC via IFTTT

Gurgaon based FS Life (previously known as FableStreet), a company behind a raft of homegrown brands including FableStreet, Mikoto and Marigold, has tied up with Unicommerce to strengthen its supply chain and expedite the order processing, the company said in a statement on Tuesday. FS Life said it is using the enabler Unicommerce platform to […] from Indiaretailing.com https://ift.tt/cXRoPpb via IFTTT

Shailesh Chaturvedi, MD and CEO, Arvind Fashions was awarded the ‘Most Admired Retail Professional of the Year’ at the IMAGES Retail Awards (IRA) 2022 that was held in Mumbai last week. Chaturvedi won the award for his business acumen and especially for his ability and role in turning around a host of global brands that […] from Indiaretailing.com https://ift.tt/mQrdCHX via IFTTT

The 45th Annual General Meeting of Reliance Industries saw Mukesh Ambani present the financial & operational highlights of the company’s retail business. Among the highlights were: • Reliance Retail achieved Rs. 2 lakh crore in turnover and EBITDA of Rs. 12,000 crore, making it among the Top Ten Retailers in Asia. • Served over 200 […] from Indiaretailing.com https://ift.tt/i62yG9K via IFTTT

Meta and Jio Platforms have collaborated to launch an end-to-end shopping experience on WhatsApp. The collaboration will allow consumers to shop from JioMart right within their WhatsApp chat. A global first, JioMart on WhatsApp will enable users in India, including those who have never shopped online before, to seamlessly browse through JioMart’s entire grocery catalog, […] from Indiaretailing.com https://ift.tt/Sk8Jimq via IFTTT

Reliance Retail this year will make its ambitious entry into India’s fast-moving consumer goods (FMCG) business and the country’s largest retailer will develop and deliver consumer products at affordable prices, Isha Ambani said on Monday in the Reliance Industries Ltd’s annual general meeting (AGM). The foray is part of Reliance Retail plans to gain a […] from Indiaretailing.com https://ift.tt/RH2iNuW via IFTTT

Five months after introducing its home products including bed linens, cushions and dinnerware in India, Marks & Spenser (M&S) is planning to take its home offerings to a total of 15 outlets by the end of the current fiscal year, according to two sources. Marks & Spencer Reliance India Pvt Ltd., a 51-49% joint venture […] from Indiaretailing.com https://ift.tt/OgkWINl via IFTTT

The 18th annual IMAGES Retail Awards (IRA) Powered by Vegas, recognised excellence of India’s most outstanding retail achievers at the Westin, Powai Lake, Mumbai at the grand finale of the two-day Phygital Retail Convention 2022, India’s largest retail intelligence event organized by IMAGES Group. The high-voltage ceremony began with a themed fashion show by Sloggi, the world’s most […] from Indiaretailing.com https://ift.tt/eLzWsUp via IFTTT

DLF Brands’ Pure Home + Living, an indigenous home décor brand, is expanding its presence in Gurgaon with its beautifully curated range of stylish, high quality and accessible home décor products. The rapidly growing brand is expanding its retail footprint across India with its 26th store at AIPL Joy Street, Gurugram, Haryana. The 1500 square feet, […] from Indiaretailing.com https://ift.tt/OKuFAqa via IFTTT

Indian brands outspent on their marketing campaigns compared to their lease rentals incurred on shopping malls as online sales or D2C (direct to consumer) is seen increasingly becoming dominant in the retail space of Asia’s third largest economy, according to a cross-section of industry experts. At the concluding session of the two-day Phygital Retail Convention, […] from Indiaretailing.com https://ift.tt/AKyeCFi via IFTTT

The D2C brands are showing tremendous growth in the retail ecosystem and the market is expected to grow to $60 Billion by 2027 growing at a 40%, industry expert said on Thursday at the IMAGES Group’s flagship event Phygital Retail Convention (PRC 2022) The experts were discussing the rapid headways direct-to-consumer brands have made in […] from Indiaretailing.com https://ift.tt/h8RF9GL via IFTTT

Honoured by IMAGES Group, Retail Tech Icons recognized the transformational achievers of India’s most powerful innovators, game-changers and leaders of digital transformation in consumer brands and retail at the Phygital Retail Convention 2022 at the Westin, Powai Lake, Mumbai.  Understanding India as one of the most lucrative and stable markets, the exclusive ceremony acknowledged the […] from Indiaretailing.com https://ift.tt/GJO4s98 via IFTTT

India is set to become the second largest e-commerce market by 2034 globally from its current ninth rank led by increased Internet penetration, said Akshay Gulati, Co-founder, Shiprocket.  “By 2030, 1.3 billion Indians will have access to the Internet and smart phones with 500 million online shoppers,” Gulati said at an interactive session on Day […] from Indiaretailing.com https://ift.tt/kgBymTn via IFTTT

Panelists in a session on ‘Catering to Bharat: Regional Supermarket stars of India retail Inc.’ on the second day of IMAGES Group’s Phygital Retail Convention (PRC) 2022 emphasized the need of trained and loyal employees complimented by technology to service the consumers in the fast-changing world, especially in the post-pandemic era. The panlists of the […] from Indiaretailing.com https://ift.tt/HbsTpEB via IFTTT

The session ‘Sustainability in Retail: The Path forward for Retail’s Sustainable Future,’ at PRC 2022, at WestIn Mumbai, discussed retailers increasingly directing their strategy and investments towards sustainable and responsible growth. An eclectic mix of top retail executives in a panel discussion dwelled upon why retailers are re-evaluating the sustainability credentials of their products and […] from Indiaretailing.com https://ift.tt/iqSs9L2 via IFTTT

Top retail executives said customers have emerged even more informed about products and services and more are now looking for seamless combination of offline and online purchasing and transaction possibilities at every retailer. “Nowadays customers are looking for ease, they want to buy in the offline mode but at the same time they want to […] from Indiaretailing.com https://ift.tt/b7OlIJk via IFTTT

An eclectic mix of top retail executives in a panel discussion dwelled upon how the lines between consumers in metro cities and small town India are rapidly blurring. “Ecommerce brough brands to these (small town) consumers,” Devarajan Iyer, chief executive of department store chain Lifestyle International said while talking in the inaugural panel discussion of […] from Indiaretailing.com https://ift.tt/79QSnKE via IFTTT

India’s omnichannel business could swell five times, to $55 billion, by 2027, up from about $11 billion at present, according to the latest report by IMAGES Group’s India Phygital Index 2022. The report, jointly conducted by IMAGES Group in association with One Consulting Firm and GreenHonchos, features an elaborate study of more than 100 brands […] from Indiaretailing.com https://ift.tt/u6m4TcZ via IFTTT

Pushpa Bector, Executive Director, DLF Retail at PRC 2022, said the new trends in the shopping centre will be the emergence of destination malls, experiential centre and conscious consumerism. “The Food and Beverage category is emerging at a high rate, and in the centre the shopping is becoming incidental, the athleisure category is drastically increasing […] from Indiaretailing.com https://ift.tt/DKWmaRQ via IFTTT

Arvind Singhal, Chairman of retail consultancy, Technopak Advisors, set the tone of the two-day event by taking the audience through a journey of the evolution of India’s retail market – from the emergence of Shoppers Stop and other modern retailers on India’s scene in the 1990s to the current scenario of universal internet access that […] from Indiaretailing.com https://ift.tt/0j52gUP via IFTTT

IMAGES Group’s Phygital Retail Convention (PRC) 2022, will kick start on 24 Aug 2022 Wednesday, focusing this year’s edition on the evolution of the retail sector in India and understanding the changes the sector is expected to witness brick-and-mortar and digital transformations in the coming years. The PRC 2022, India’s largest retail intelligence event, aims […] from Indiaretailing.com https://ift.tt/zxCZ3Do via IFTTT

JewelOne, a jewellery brand has opened its door at Anna nagar, Chennai. The new store was inaugurated by K. Srinivasan, Founder and Managing Director of Emerald Jewel Industry India Limited; Sakthi Srinivasan, Joint Managing Director; Dhiaan Srinivasan, Director and Vaideeswaran N, Chief Operating Officer. During the launch, K Srinivasan, Managing Director, Emerald Jewel Industry India […] from Indiaretailing.com https://ift.tt/vVXQbyd via IFTTT

Nykd by Nykaa, the lingerie and athleisure brand from Nykaa Fashion, has opened doors to its first-ever stand-alone physical retail space in New Delhi’s Rajouri Garden. The store is spread around 2000 sq.ft and offers a 360-degree intimate wear experience with a wide range of products across innerwear, sleepwear, athleisure, and loungewear categories. Preeti Gupta, […] from Indiaretailing.com https://ift.tt/QZuAsfp via IFTTT

Wurfel, a kitchen and wardrobe brand, has launched its first retail studio in Dehradun as part of its ramping up of offline presence. This is the first studio of the brand in Dehradun and is located at Infinity Tower and the inauguration took place in the presence of Savita Arya, MLA of Dehradun, and Ganesh […] from Indiaretailing.com https://ift.tt/BYuRbFt via IFTTT

Hindustan Coca-Cola Beverages (HCCB), announced the appointment of Juan Pablo Rodriguez, its new CEO, as per the media reports.  Juan Pablo Rodriguez, who is currently the Chief Commercial Officer for the Bottling Investments Group (BIG), has been appointed as General Manager and Chief Executive Officer for HCCB, and will begin his transition in September 2022. […] from Indiaretailing.com https://ift.tt/YuR7xfK via IFTTT

Department store operator Iconic India opened its flagship outlet at Bathinda, Punjab. The 6,000 sq. ft. multi-brand store is located at Bhucho Khurd, Bathinda, Punjab and it houses premium brands like GANT, True Religion, Antony Morato, Bugatti, Elle, Kendall + Kylie, Lindbergh, Ben Sherman, Vero Moda, Elle Kids, Blue Giraffe and many others.  With this […] from Indiaretailing.com https://ift.tt/9p47jRw via IFTTT

Soch has announced to launch its 150th store on the occasion of 75th Independence Day. The 150th store will be located at Bangalore. With this launch, the brand is now spread across 59 cities. Vinay Chatlani, Executive Director and CEO of Soch commenting on this achievement, said “The occasion of our 150th store opening is […] from Indiaretailing.com https://ift.tt/UNJjPrG via IFTTT

The Food Aggregator Platform Swiggy has announced the appointment of Rohit Kapoor as Chief Executive Officer, Food Business where he will be responsible for developing strategies, drive growth and fostering information. With 20 years of experience in the industry, Kapoor has held various leadership positions in sales and financial roles in companies like Max India […] from Indiaretailing.com https://ift.tt/IFpGUVO via IFTTT

After restricting so far only to prominent malls in India, Japan’s fashion giant Uniqlo is now planning to open a high-street outlet in New Delhi and a highway store in Punjab, according to three people familiar with the plans. Uniqlo has leased about 10,000 sq ft in New Delhi’s Connaught Place and the store is […] from Indiaretailing.com https://ift.tt/SFY3Mw2 via IFTTT

Retail businesses across India reported a growth of 18% in sales as in the month of July compared to pre-pandemic levels of July 2019, indicating a healthy growth trend for the retailers ahead of the festive season, Retailers Association of India (RAI) said as part of its monthly survey. In July 2022, the growth in […] from Indiaretailing.com https://ift.tt/p2cbHYG via IFTTT

High-end French baker and sweet maker Laduree is opening its second outlet in India after making its debut here last year. Next week, Laduree will roll out its second store in the National Capital Region (NCR) in Gurgaon’s Ambience Mall, said Chandni Nath Israni, Head of Retail Division of CK Israni Group, the India franchisee […] from Indiaretailing.com https://ift.tt/1Axy6OL via IFTTT

Ingka Centres, the part of Ikea’s retail operator Ingka Group has announced that the company will invest 900 Million Euros (Nearly Rs 7,245 crore) in India to build two malls that would also house other brands apart from Ingka’s flagship IKEA stores. Ingka Group started its work to set up the Ingka Centre in Gurgram […] from Indiaretailing.com https://ift.tt/7p2hZC4 via IFTTT

Chai Point has announced the brand’s entry into Amritsar by opening its store at the Hall Complex near The Golden Temple. The launch is in line with Chai Point’s retail expansion strategy of opening 100 more stores in the next 12-18 months and elevating the chai experience to a large consumer base. Currently, the brand […] from Indiaretailing.com https://ift.tt/yj9hGw3 via IFTTT

Commercial and retail giant Spectrum Metro organised a Tiranga Yatra to mark the Azadi Ka Amrit Mahotsav celebrations on the occasion of India’s 75th Independence Day.  Chowki Incharge Mr Satyavir Singh Parmar was the Chief Guest of the event who gladly joined the Tiranga Yatra along with officials of Spectrum Metro and residents of nearby […] from Indiaretailing.com https://ift.tt/tlc2a39 via IFTTT

Sunday Design, a global furniture and home décor brand, has raised Pre-Series A funding of USD 1.5 Million (INR 125 Mn) from QRG Investment & Holdings (The Family Office of Havells India Limited Founders), Kama Group (Family Office of SRF Ltd), KCT Family Office as well as existing investors. The brand has recorded an impressive […] from Indiaretailing.com https://ift.tt/KEcvPhs via IFTTT

According to the United Nations, India is projected to be the world’s most populous country by 2027. As the population increases, the demand for food and other essentials is also expected to increase. Consequently, agricultural markets will have to change in ways we have not seen before. Despite the shortage of land and water resources, […] from Indiaretailing.com https://ift.tt/atWguS2 via IFTTT

A robust growth of online businesses has propelled the share of India’s organized retail to 18.5% of the total $836 billion annual retail market in 2022, according to a latest report. While modern brick-and-mortar retailers accounted for about 12% of the total annual market, online retailers have captured about 6.5% of the yearly business, India […] from Indiaretailing.com https://ift.tt/6V7W1Ro via IFTTT

FSN E-commerce Ventures, the parent company of Nykaa, has said it has appointment of Vishal Gupta as Executive Vice President for its consumer beauty brands. Gupta joins Nykaa after a 25-years stint with Unilever, including leading the beauty and personal care business in Russia before making the switch to Nykaa. He has worked across businesses […] from Indiaretailing.com https://ift.tt/cegKv9j via IFTTT

Levi’s inaugurated its new store at South City Mall in Kolkata. The store is spread across 5800sq ft and will provide an elevated experience, premium collections and the  Levi’s® Tailor Shop, the statement highlighted.   Levi’s have historically been the blank canvas of self expression, and this comes alive at the Levi’s® Tailorshop. The first Tailorshop […] from Indiaretailing.com https://ift.tt/W0TZYJw via IFTTT

Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) has commenced its shopping festival with a ‘Shop & Win’ lucky draw for all shopping enthusiasts at Mumbai’s Duty-Free.  The shopping festival will last till 30th September 2022 for all the arriving and departing passengers and with this the customers can enjoy the retail therapy at Terminal-2 (T2).  […] from Indiaretailing.com https://ift.tt/VJSmbOK via IFTTT

Apparel retailing in India stands to grow by up to 23% in revenue in the current fiscal year ending March 2023, riding on strong same-store sales, a boost in online sales and aggressive store expansions, a report by credit rating agency Crisil said on Tuesday. This growth of ~500 basis points (bps) more than the […] from Indiaretailing.com https://ift.tt/ehz5O3y via IFTTT

Denim manufacturer Vishal Fabrics Ltd on Monday reported an 85 % increase in its standalone net profit at Rs 18.95 crore for the first quarter ended June. The company had posted a net profit of Rs 10.24 crore during the April-June quarter a year ago, Vishal Fabrics said in a regulatory filing. Its revenue from […] from Indiaretailing.com https://ift.tt/1R9ZU0z via IFTTT

Sustainability in retail has become a powerful value proposition to increasingly conscious consumers. Sustainability is not a new facet anymore and was pretty much in the picture before the pandemic as well. But since the pandemic, the trend has picked up the interest of the entire retail fraternity as customer behaviour has drastically shifted to […] from Indiaretailing.com https://ift.tt/R3h4ckB via IFTTT

ReshaMandi unveiled its new venture ReshaMudra, which offers personalised credit solutions for the textiles industry. ReshaMudra will give business partners across the ecosystem access to working capital solutions as well as long-term loans, enabling them to secure crucial funding to help them grow their businesses or tide over challenging times. All of these offerings are […] from Indiaretailing.com https://ift.tt/BVbUv3A via IFTTT

Pacific Mall D21 recently launched the Reliance Smart Bazaar store on the first floor of the mall, which is the 2nd Smart Bazaar store opened in the Delhi-NCR region since the announcement of Reliance’s franchise takeover has been out and the rebranding exercise has started. The official statement also mentioned that the mall has leased […] from Indiaretailing.com https://ift.tt/b2k7Ral via IFTTT

William Penn announced that it has acquired Sheaffer, the 110-year-old iconic American manufacturing company of writing instruments, particularly known for their luxury fountain pens. This is touted to be one of the biggest acquisitions in the premium writing instrument industry, which is pegged at around INR 450 Cr in India. William Penn will be taking […] from Indiaretailing.com https://ift.tt/P7yhRTV via IFTTT

Aastey, India’s first sustainable & size-inclusive activewear brand for women, has announced its a partnership with Climes. This climatetech company provides carbon neutralisation as a service for consumer brands. This partnership will allow the aastey tribe to utilise Climes’ accessible and user-friendly solutions to make a tangible impact on the planet. The brand enables carbon […] from Indiaretailing.com https://ift.tt/h3uRidT via IFTTT

Further re-structuring the smart watch segment in India, Maxima has launched a new smart watch – Max Pro Knight. This new unisex watch has an iconic metal body and 44.5 mm round active display with 550 nits brightness. Apart from this, the Max Pro Knight is developed with artificial intelligence (AI)-based voice assistance, Bluetooth calling, […] from Indiaretailing.com https://ift.tt/7TnFPwY via IFTTT

Pure Home + Living, an indigenous home décor chain of stores with a pan India footprint , on Monday said it has opened its 25th outlet in the country. The DLF Brand-owned chain rolled out its 25th outlet in Bengaluru’s 100ft Road in Indiranagar. The store will feature a large variety of home décor products, all of […] from Indiaretailing.com https://ift.tt/7Jrog3C via IFTTT

Kameswari Jewellers opens a jewellery store in Jubilee Hills Hyderabad. The store formally opened doors on 4th August 2022 at 8:21 A.M in the presence of Perla Sambamurthy, Founder and Managing Partner, Kameswari Jewellers along with Kaushik Perla and Pavan Perla, Partner, Kameswari Jewellers. The launch also saw the presence of the women of Perla […] from Indiaretailing.com https://ift.tt/hlgdSsz via IFTTT

BSH Home Appliances, which sells Bosch, Siemens and Gaggenau brands, announced the launch of its 100th brand store for brand Bosch. The store was inaugurated in Adyar, Chennai reiterating the company’s consumer-centric approach and strong commitment to India’s growing consumer base. The store is located at LB Road, Adyar, and is spread across ~1600 sq.ft […] from Indiaretailing.com https://ift.tt/XM9RpqA via IFTTT

Khadim India Ltd. announced a positive quarterly performance for the quarter ended 30th June 2022. The company has started the new fiscal with a robust business performance providing an optimistic outlook for the entire year. Key Highlights : Total Revenue clocked INR 1660.73 millions; y-o-y growth of 88.23% on the back of retail sales growth […] from Indiaretailing.com https://ift.tt/qarVR9N via IFTTT

Raymond Ltd reported a consolidated net profit of Rs 81.93 crore for the first quarter ended June helped by an increase in sales. The company had posted a net loss of Rs 157.10 crore during the April-June quarter of the previous fiscal, Raymond said in a regulatory filing. Its revenue from operations was at Rs […] from Indiaretailing.com https://ift.tt/jqYDyRt via IFTTT

Salon enthusiasts in the capital now have a new destination for scalp to soul experiences. Aveda, and Nykaa,, are set to open doors to Delhi’s first Aveda X Nykaa salon. The salon is spread across an aesthetically designed 1400sq. ft in Khan market, and is set to be a calm and tranquil zone to satisfy […] from Indiaretailing.com https://ift.tt/s4kcH37 via IFTTT

RBL has signed a franchise agreement with Balenciaga to introduce the brand to India in Mumbai.  Reliance Brands Limited (RBL) has signed a strategic deal with the global luxury brand Balenciaga, to bring the best of global couture to the Indian market.  With this long term franchise agreement, RBL will become Balenciaga’s sole India partner […] from Indiaretailing.com https://ift.tt/AOUacik via IFTTT

Aisshpra Gems & Jewels announces first franchise in Ayodhya, Uttar Pradesh. Spread across 3500 sq. ft., the outlet will be officially launched in 2023 under the leadership of Shri. Mahesh Agarwal, Franchisor, Aisshpra Gems & Jewels.  With an aim to emerge as one of the leading jewellery chains of Uttar Pradesh, Aisshpra Gems & Jewels […] from Indiaretailing.com https://ift.tt/SFUR1V9 via IFTTT

Zivame announced the appointment of Monish Kaul as its Chief Technology and Product Officer (CTPO). Kaul has over a decade of experience in helping to build organizations that deliver innovative solutions by applying cutting-edge methodologies and managing, engineering and product teams in the digital economy. Prior to his appointment at Zivame, he served in leadership […] from Indiaretailing.com https://ift.tt/0ZBvAar via IFTTT