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Showing posts from September, 2022

Retailers hopeful of a cheerful Diwali season

Based on the steady month-on-month growth across categories recorded in its monthly surveys since April 2022, the Retailers Association of India (RAI) expects a positive festive season for retail businesses in the country. RAI’s business surveys indicate a 19% growth in retail sales across India from April to August 2022 as compared to the same […] from Indiaretailing.com https://ift.tt/2cE6Odb via IFTTT

Reliance Retail debuts its new mid-premium fashion chain Azorte in Bengaluru

Reliance Retail has launched a mid-premium fashion and lifestyle store Azorte that will sell fast-fashion international and Indian fashion and lifestyle products that is primarily targeted at India’s large base millennials and Gen-Z customers. Azorte is the latest retail format from Reliance Retail, that comes barely days after the country’s largest retailer by sales and […] from Indiaretailing.com https://ift.tt/gmNxXk3 via IFTTT

Uniqlo goes high-street, opens store in Connaught Place

Uniqlo on Thursday announced it will open its first high street store in India next month. The store located in the central business district of Connaught Place will be opened on October 13, a company press release said. The Connaught Place store will be the ninth outlet for the Japanese fashion giant in India and […] from Indiaretailing.com https://ift.tt/1w9zRqI via IFTTT

Dabur India forays into spices

Leading FMCG player Dabur India is entering the spices segment by launching a new product ‘Dabur Hommade Tasty Masala.’ Priced at Rs 5, the all-purpose masala will be available in sachets at offline and online retail channels across the country. The masala embellishes Dabur’s existing range of cooking products under the Hommade brand, which includes […] from Indiaretailing.com https://ift.tt/jcZNI4R via IFTTT

Wildcraft hires Ace Turtle to bolster its e-commerce business

Out adventure product company Wildcraft India has signed up Bengaluru-based omni-channel enabler Ace Turtle to strengthen its e-commerce business, a release said. As per the deal, Ace Turtle’s unified commerce platform Rubicon will enable Wildcraft to expand its e-commerce business in India by driving seamless customer experience at scale, the release said. “As a business, […] from Indiaretailing.com https://ift.tt/On5j8Et via IFTTT

Reliance Retail enters department store format to take on Shoppers Stop, Lifestyle

Reliance Retail on Tuesday announced its entry into the department store format with a new chain named Reliance Centro that will take on existing players of Shoppers Stop and Lifestyle International. The first Reliance Centro outlet was rolled out in Delhi’s Vasant Kunj neighborhood. The store spread over 75,000 sq. ft. will offer over 300 […] from Indiaretailing.com https://ift.tt/sMR1FPy via IFTTT

Metro Brands to bring with Danish products to India

Metro Brands Limited has announced a partnership with ECCO, a Denmark-based brand that manufactures and retails premium leather shoes and accessories for men and women. Metro will sell Ecco products through Mochi and Metro and websites and select stores across the country.  “We are delighted to partner with a globally loved brand like ECCO as […] from Indiaretailing.com https://ift.tt/BLSpxYf via IFTTT

Arrow launches its new store at Bengaluru

Arrow,  a menswear brand from the house of Arvind Fashions Limited has announced to launch a luxurious new store at the Central Business District area in Tasker Town, Bengaluru.   The store is spread across 1700 sq.ft and is the 15th store in the city.  Speaking about the store launches, Suman Saha, CEO, Arrow – Arvind […] from Indiaretailing.com https://ift.tt/VsGpMLO via IFTTT

Home decor brand The Yellow Dwelling opens new store in Bengaluru

High street home décor brand The Yellow Dwelling has opened a 1,050 sq. ft. store at Kammanahalli in Bengaluru. The store offers site visits, measurement services, customisation and installation of soft furnishings. “With a few days away from the festive season, we are confident to delight our customers in and around Kammanahalli with our product […] from Indiaretailing.com https://ift.tt/uraqDx6 via IFTTT

Zara to bring beauty and cosmetics business to India

Zara is planning to introduce its beauty and cosmetics line in India at a time when the sector is hotting up as Reliance Retail and Tata Group are looking to enter the space, two people familiar with the plans said. As part of its strategy Zara will initially introduce the beauty and cosmetics products in […] from Indiaretailing.com https://ift.tt/en1frtT via IFTTT

Snapdeal kicks off its “Toofani Sale – Festive Dhamaka”

Value e-commerce platform Snapdeal on Friday has kick started its mega first sale of the 2022 festive season dubbed as the “Toofani Sale – Festive Dhamaka.” In line with Snapdeal’s focus on serving the large and growing value segment, the sale is curated around the central theme of offering value-priced merchandise in key categories like home, fashion, and beauty […] from Indiaretailing.com https://ift.tt/24fOUCE via IFTTT

IKEA infuses Rs 600 cr into its India retail subsidiary

Ingka Group has infused Rs 600 crore in IKEA India Pvt Ltd to expand its operations in the country. The fund infusion into its India subsidiary was made through two entities of Ingka Pro Holding BV, The Netherlands and Ingka Holding Overseas BV, The Netherlands, according to Registrar of Companies (RoC) data accessed by business […] from Indiaretailing.com https://ift.tt/NWiOeh2 via IFTTT

Smaller towns are driving demand for electronics & consumer durable this festive season

With the onset of the festive season, demand for branded consumer durables and electronic items in Tier-II towns and cities soared and it is now double of that in Tier-I cities, with Apple emerging as the most searched electronic brand across the country, a latest report by Justdial said. During last year’s festive season, the […] from Indiaretailing.com https://ift.tt/WdbnhAF via IFTTT

All Things Baby adds two International brands Doona and Eco Rascals to its portfolio

AllThingsBaby.com, a curated platform for mother and baby products, has announced to onboard two international brands Doona and Eco Rascals to its web store. With this step, the brand is aiming to add 200+ International baby brands over the next couple of years. With the addition of new brands, the company anticipates that it will […] from Indiaretailing.com https://ift.tt/GrmjOl5 via IFTTT

Zivame records a 3X jump in sales in its flagship event “The Grand Lingerie Festival”

Intimate wear brand Zivame said that its sales during the flagship discount event “The Grand Lingerie Festival” rose three times. Zivame, owned by Reliance Retail, ran the discounts across both online and offline channels. The current edition saw over more than 100 brands participating and the event was co-powered by Triumph. This edition according to […] from Indiaretailing.com https://ift.tt/YEszu4Q via IFTTT

Reliance Retail to acquire Sephora business from Arvind

Reliance Retail is acquiring the India franchisee business of Sephora from Arvind Fashions, according to three people familiar with the development. Reliance Retail has already informed various malls about its acquisition of Sephora and asked the shopping centres to change the lease agreements accordingly in favour of Reliance Retail, two top mall executives said. “Reliance […] from Indiaretailing.com https://ift.tt/BRLvQsH via IFTTT

UK-based outlet centres’ operator Freeport takes space in Noida’s Orion One32

Freeport Retail, a UK-based global operator of outlet centres, has taken a large space in Noida’s mixed development Orion One32 to open an outlet centre, Orion said in a press release on Tuesday. “We’re glad to announce Freeport’s arrival in India by leasing out a considerable retail space at Orion One32. It is undoubtedly going […] from Indiaretailing.com https://ift.tt/mrkfOAK via IFTTT

Expensive shoes are growing at 1.5 times annually in India, thanks to the younger consumers

Buoyed by growing demands from young Indians, high value shoes are growing by 1.5 times annually and such big-ticket footwear items have already cornered more than one third of India’s footwear market, a latest report said Thursday. A report by brokerage firm Motilal Oswal Financial Services said India’s overall footwear market was valued at Rs […] from Indiaretailing.com https://ift.tt/9FDoOLN via IFTTT

M3M launches 4.87 lakh sq ft retail project in Gurugram

M3M India has announced on Monday it is launching another high-end retail project named M3M Route65 in Gurugram. The upcoming shopping centre is located next to another retail and commercial destination of Worldmark in Sector 65in the city and is spread across 4 acres of land. With a total saleable space of 4.87 lakh sq […] from Indiaretailing.com https://ift.tt/DZ23udX via IFTTT

TRS opens 4 new stores at retail hubs across India

Travel Retail Services (TRS), which exclusively distributes the RELAY franchise in India, has opened 3 new stores between August and September 2022. The new stores are housed within the domestic departure lounges of airports at Mumbai, Hyderabad, and Bangalore. Additionally, TRS has also opened a new store under its Choco Bay brand at the Bangalore […] from Indiaretailing.com https://ift.tt/GSzNdBT via IFTTT

Snapdeal onboards two new D2C fashion brands of Rangita, Urban Mark

E-commerce platform Snapdeal announced the onboarding of two new D2C fashion brands – Rangita and Urban Mark on its platform. Both brands are owned by Stellaro Brands, who focus on serving affordable fashion to both men and women. The launch of the brands comes in the backdrop of the growing share of value-conscious buyers in […] from Indiaretailing.com https://ift.tt/24x3Vwg via IFTTT

Nykaa E-retail revenue jumps 45% over previous fiscal

Nykaa E-Retail Private Ltd, which operates Nykaa online marketplace for beauty and wellness products, has reported a 45% jump in its revenues for the financial year 2021-22 to Rs3,194 crore compared to the previous fiscal year. Meanwhile, the company reported a net profit of Rs85 crore during the same fiscal, which is a 7% decrease […] from Indiaretailing.com https://ift.tt/Rnyaogl via IFTTT

With inflation biting, Indian consumers look hard at their spendings on food, drinks and beauty products: Mintel

Market intelligence firm Mintel, in a report released today, says that Indian consumers are now looking for ways to save money on food and drinks and are reprioritizing their consumption, which includes reduced spending and rethinking the importance of beauty products. “The dual impact of the pandemic and soaring inflation fueling the cost of living […] from Indiaretailing.com https://ift.tt/Z96DrCc via IFTTT

V-Mart Awarded IMAGES Most Admired Retailer of the Year in the New Market Penetration Category

V-Mart was awarded IMAGES Most Admired Retailer of the Year for New Market Penetration at IRA 2022.   The brand was honoured with the trophy for its expansion strategy in the Tier II & III markets. V-Mart launched 101 stores in the last one year.  The retail space of the brand grew to 33 lakhs […] from Indiaretailing.com https://ift.tt/OiTL8fJ via IFTTT

H&M is now planning to bring its second biggest brand COS to India

Seven years after setting foot in India with its flagship brand, Hennes & Mauritz (H&M Group) is now planning to bring its second biggest fashion label COS to India, two people familiar with the plans said. H&M has already informed a few malls in India about its plans to launch COS in the country. “We […] from Indiaretailing.com https://ift.tt/cvQyYBA via IFTTT

Retail Sales in malls to touch $39 bn by 2028: Knight Frank India

The organised retail sales volume in eight Indian cities of NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, Kolkata and Ahmedabad is estimated to grow at an annual rate of 17% to top $136 billion by the end of fiscal year 2028 from $52 billion in fiscal year 2022, a latest report by Knight Frank India said. […] from Indiaretailing.com https://ift.tt/59Gywt1 via IFTTT

Amazon names Propel Startup Accelerator 2022 winners, announces $1 M rewards

Amazon India announced the winners of the Amazon Global Selling Propel Startup Accelerator (Propel Accelerator) Season 2. The winners were named as Solethreads, EcoRight and Go Desi and they have cumulatively got $100K in equity free grant from Amazon and $300K in AWS Activate credits. The Propel Accelerator provides dedicated support to emerging Indian businesses […] from Indiaretailing.com https://ift.tt/tLe0l8i via IFTTT

Retailers Witness 15% Growth in August, courtesy sports good & footwear Sales: RAI

India reported a growth of 15% in sales in the month of August 2022, in comparison to pre-pandemic levels (August 2019). Sales across categories show a steady increase with sports goods indicating a strong performance followed by Footwear, QSR and Jewellery performing better than other categories in August 2022. The 31st edition of the Retail Survey by […] from Indiaretailing.com https://ift.tt/t7I6TGs via IFTTT

Jockey launches its flagship store in Connaught Place, New Delhi

Page Industries Ltd, the exclusive licensee of Jockey announced today the launch of Jockey’s flagship exclusive brand store in Connaught Place, New Delhi. The store is spread across 2500 square ft., and comprises two floors with designated areas exclusively curated for men, women and kids. The flagship store design is an extension of the latest […] from Indiaretailing.com https://ift.tt/pFas85o via IFTTT

How to maximize store value through end-to-end retail management

Retail is an ever-evolving industry that has seen disruptions and transformations like no other. From being a brand-driven industry to a product and now pivoting to value-based experiences, the disruptions have been rather disquieting. The new generation of shoppers has grown up speaking to voice assistant devices and shopping on touchscreen devices from the comfort […] from Indiaretailing.com https://ift.tt/vLwn7Oz via IFTTT

Reliance acquires Shubhalakshmi Polyesters for Rs 1,592 crore

Reliance Industries Limited has acquired the polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for Rs 1,592 crore. “Reliance Petroleum Retail Ltd (under name change to ‘Reliance Polyester Ltd’), a wholly owned subsidiary of the company, today executed definitive documents to acquire polyester business of Shubhalakshmi Polyesters Ltd and Shubhlaxmi Polytex Ltd for cash consideration […] from Indiaretailing.com https://ift.tt/v6RZrTf via IFTTT

Omaxe Chowk leases 11,000 sq.ft retail space to Tanishq, Senco and Giva

Omaxe Chowk has announced to sign up the agreement with jewellery brands Tanishq, Senco and Giva to open their flagship stores in Chandni Chowk. They have signed up approx. 11,000 sq. ft. space in Jewel Court. With this announcement, other traditional jewellery brands are also in the pipeline to sign the agreement with Omaxe Chowk. […] from Indiaretailing.com https://ift.tt/5CO7vpT via IFTTT

PUMA ‘Flagship Store’ at Orion Mall, Bengaluru awarded IMAGES Most Admired Retail Launch of the Year

Puma store at Orion Mall at Brigade Gateway, Bengaluru was awarded ‘IMAGES Most Admired Retail Launch of the Year (Flagship Store) at IRA 2022. PUMA’s largest store in South India brought together the three tenets of fashion retail; in form of technology, sports and experiential retail, under one roof. Aggressive on the brand’s determined omnichannel […] from Indiaretailing.com https://ift.tt/OKVb3c4 via IFTTT

9to10: The Big Boys of Grocery Retail in Small-Town India

To many deep-pocketed retailers, taking their brand to somnambulant towns and townlets located in the backwoods of Bharat, would look like a mug’s game. Why go swinging around such jejune markets when there are greener pastures to graze on? However, for 9to10, a Siliguri, North Bengal-based grocer, these sleepy urban clusters had the potential to […] from Indiaretailing.com https://ift.tt/wTgivPR via IFTTT

Online festive sales in India projected to grow by 28% to reach $11.8 Billion in 2022: Report

According to a recent report by Redseer Strategy Consultants, the online sales during the festive season is likely to grow 28% y-o-y to touch $11.8 billion.  The increase in the sales is due to covid-19 that has accelerated the shift to e-commerce, with an increasing number of consumers shopping online at a higher frequency than […] from Indiaretailing.com https://ift.tt/7zpisWR via IFTTT

‘Hippo Store’ awarded IMAGES Most Admired Retail Launch of the Year: Debut Store at IRA 2022

Hippo Store was awarded the ‘IMAGES Most Admired Retail Launch of the Year (Debut Store) at the IRA 2022. The brand is India’s first omnichannel construction solution company, offering building construction materials under one platform. The 50,000 sq ft retail store space in Mayapuri (Delhi) has over 160+ brands, 250+ product lines across 10 categories. It is […] from Indiaretailing.com https://ift.tt/w2TsEoP via IFTTT

Funding Alert: Retail Tech startup Daalchini raises $4 Million in Series A round

RetailTech startup Daalchini has raised $4 million in a Series A round led by Unicorn India Ventures. The round also saw participation from prominent and existing investors like Artha Venture Fund, Ajay Kaul – former CEO of Dominos India, and VSS Investco – the investment vertical of Vijay Shekhar Sharma – CEO of Paytm, the […] from Indiaretailing.com https://ift.tt/H6BxPsj via IFTTT

UNIQLO accelerates its expansion plans by opening new store at Nexus Elante Mall, Chandigarh

Global Japanese retailer UNIQLO accelerates its expansion in India and announced to open a new store in Chandigarh, Punjab. The new store will open at Nexus Elante Mall, Chandigarh on 29th September. The company is accelerating with its expansion plans by opening to open high street store in New Delhi and highway outlet in Punjab. […] from Indiaretailing.com https://ift.tt/7u1WJ0F via IFTTT

Tasva: Making Fashion More Accessible and Affordable

Owned by Indivinity Clothing, a partnership between Aditya Birla Fashion and Retail Ltd. and Tarun Tahiliani, Tasva is an ethnic wear brand that was launched in 2021 and by the end of the financial year, would be operating close to 70 stores. In an exclusive interaction with Dhruv Kaura, Chief Operating Officer, Tasva, we delve […] from Indiaretailing.com https://ift.tt/1Hv6I7K via IFTTT

Vero Moda Awarded IMAGES Most Admired Retailer of the Year (Innovation in VM) for Mystical Garden Window

Vero Moda was awarded the ‘IMAGES Most Admired Retailer of the Year Innovation in VM’ at the IMAGES Retail Awards (IRA) 2022 that was held in Mumbai on August 25, 2022. The brand was honoured with Innovation in VM for ‘Mystical Garden Window’. Launched in 1987, the brainchild of Troels Holch Povlsen, Vero Moda was […] from Indiaretailing.com https://ift.tt/mu0eNBp via IFTTT

Reliance Jewels unveils their 11th Showroom in Delhi NCR

Reliance Jewels has launched their 11th showroom in Delhi-NCR and the new store is located at Najafgarh, New Delhi, and is inaugurated by renowned politician & social worker, Padma Shri Jitender Singh Shunty. The store is spread across an area of 4272 sq.ft with a stylish interiors & enthralling display of Gold & Diamond Jewellery. […] from Indiaretailing.com https://ift.tt/R4eQvKl via IFTTT

Amazon India launches 1.25 lakh sq. ft sortation centre ahead of the festive season

The e-commerce giant Amazon India has announced the launch of its largest sortation center in Gujarat ahead of the festive season. Situated in Bavla, an industrial area in Ahmedabad, and the centre is spread across 1.25 lakh sq. ft. which will sort and connect customer packages to the delivery stations of Ahmedabad and other cities […] from Indiaretailing.com https://ift.tt/jQnapZU via IFTTT

Vipul Shah takes charge as Chairman of GJEPC; Kirit Bhansali elected as Vice Chairman

India’s apex body for gem and jewellery trade, the Gem and Jewellery Export Promotion Council (GJEPC), has announced that Vipul Shah has taken charge as Chairman for the tenure of September 2022-September 2024. Kirit Bhansali of Smital Gems has been elected as the new Vice Chairman of GJEPC. The news comes post the announcement of […] from Indiaretailing.com https://ift.tt/5DUmZr8 via IFTTT

Tata Cliq Luxury forays into fitness category

Tata Group is foraying into different sectors with a launch of beauty and cosmetic business with a standalone venture. Recently, the group announced that they are foraying into the fitness category with the launch of ‘Workout studio’, a premium home fitness store. Since the pandemic, the customers are putting a top priority  on their health […] from Indiaretailing.com https://ift.tt/EHhza0X via IFTTT

‘The NEW Shop’ awarded as the ‘IMAGES Most Admired Retailer of the Year (Innovation in Employee Practices) at the IMAGES Retail Awards 2022′

The NEW Shop was awarded the ‘IMAGES Most Admired Retailer of the Year: Innovation in Employee Practices’ at the IMAGES Retail Awards (IRA) 2022 that was held in Mumbai last week. The brand was honoured with Innovation in Employee practice award for the launch of ‘India’s first Omnichannel retail learning center.’ Founded in March 2019, The […] from Indiaretailing.com https://ift.tt/jKLNr4R via IFTTT

Retail sector leasing in India increased by about 166% Y-o-Y in 2022: CBRE

CBRE South Asia Pvt. Ltd, today announced the findings of its latest retail report, ‘CBRE India Retail Figures H1 2022’. According to the report, backed by strong footfalls, demand for quality retail space across prime malls and high streets witnessed an uptick in Mumbai. Among the key retail categories, leasing was mainly driven by Homeware […] from Indiaretailing.com https://ift.tt/3z7Sdcs via IFTTT

H&M opens its second store in Lucknow in Emerald Mall

H&M has opened its second store in Lucknow, two years after it rolled out its first outlet in the city of nawabs. The store located in Emerald Mall is spread over 1,160 sq. meter and is offering the Swedish brand’s collection for women, men and kids. H&M India had opened its first Lucknow store in […] from Indiaretailing.com https://ift.tt/zDVvKG9 via IFTTT

Trehan Iris leases 3 lakh sq. ft. in Iris Broadway, Gurugram

Trehan Iris said its new retail development Iris Broadway in Gurgaon saw an uptick in leasing activity in the quarter ending June as one-and-half dozen brands snapped up space there, the company said on Wednesday. Trehan Iris said brands including Apple, McDonald’s, Starbucks, The Barbeque Company, The Beer Café, WOW Momo, Subway, HDFC, Rowan Toys, […] from Indiaretailing.com https://ift.tt/c4CTfGK via IFTTT