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

How a streamlined supply chain minimises fruit waste and boosts sustainability Our increased preference for consuming a healthy diet and maintaining good health has fueled an unprecedented demand for fresh fruits. Now, the fresh fruit ecosystem, despite being a crucial component of the global food system, struggles with inefficiencies that result in huge levels of fruit waste. The journey from farm to table involves a long procedure filled with numerous intermediaries, leading to mishandling, temperature fluctuations, and in-transit damage. This ultimately contributes to spoilage and wastage, which is completely intolerable. The fresh fruit journey Fruits travel through a long chain comprising wholesalers, distributors, and transporters before reaching Agricultural Produce Market Committees (APMCs). After this, retailers procure their stock from these APMCs daily at about 4 a.m. They purchase multiple fruits from multiple vendors and spend long hours transporting them to their selli...

Launched in April 2022, the company has received great feedback from customers for its products Bengaluru: Looking for vibrant, playful and comfortable clothing to wear on your next vacation? Sioli Resort Wear is Alysha Vazirally’s passion project. The brand, which was launched in April 2022, is all about ‘relaxed’ clothing that looks good and makes you feel good. On offer are clothes that are easy to slip on and ideal as a cover-up for the beach, for lounging at the poolside or as part of a dress code for that casual party. Inspiration matters The Covid-19 pandemic allowed Alysha Vazirally to spend two years in Goa. “I saw that Goa has blossomed into a thriving, cultural amalgamation of artists, foodies and hipsters, living a vibrant but laidback life with the locals. People there focus on creating small niche businesses, do it with a lot of passion and put their whole heart into it—whether it is making vegan breakfast smoothies or creating upcycled unique jackets,” shares Vaziral...

The new coffee Point Of Sale (PoS) is the company’s 14 th  PoS in Delhi NCR New Delhi : Mumbai-based tech-enabled coffee restaurant chain AbCoffee has opened its 41 st  coffee counter in Gurugram, a top company official revealed in a social media post. The new coffee Point Of Sale (PoS) is the company’s 14 th  PoS in Delhi NCR and is located in  Global Foyer Mall, Palam Vihar, Gurugram. “Inaugurated our deck marking the beginning of a delightful journey for coffee lovers in the Delhi NCR region. Drop by for a quick pick-me-up and experience the perfect blend of speed, convenience, and quality at abCoffee – where every sip tells a story and every moment is shared with a smile” said  Ruben Samuel, City Operations Manager-Delhi, AbCoffee in a Linkedin post while sharing pictures of the new counter. Earlier this month, the coffee retailer opened another deck in  Sector 18, Gurugram.  Read more about the story here. IndiaR...

The deal will help KKCL to expand its presence in the domestic market, and also fortify its position in the UAE New Delhi:   Kewal Kiran Clothing (KKCL), the manufacturer of Killer jeans, on Thursday announced the acquisition of a 50% stake in Kraus for Rs 166.51 crore. IndiaRetailing was the first to break the story in January 2024. Read more about it  here . Kraus Casuals Private Ltd. (KCPL) manufactures jeans for women and the listed KKCL is venturing into the women’s denim segment through the deal, a statement said. The acquisition involves both a primary infusion of capital and also secondary purchase of shares from existing shareholders of KCPL, the statement said. The deal will help KKCL to expand its presence in the domestic market, and also fortify its position in the UAE, it said. Kraus jeans sells in over 1,000 multibrand large format stores like Lifestyle, Pantaloons, Reliance, Shoppers Stop, and Lulu, it said, adding that the company has a network of 488 exc...

The three brewers — UBL, Brewer Anheuser-Busch InBev (AB InBev) — which owns brands such as Budweiser, Hoegaarden, and Corona, along with Carlsberg New Delhi: The Country’s leading beer manufacturers United Breweries — now controlled by Dutch brewing major Heineken, AB-InBev, and Carlsberg — on Wednesday announced jointly forming a new industry body Brewers’ Association of India (BAI). The three brewers — UBL, Brewer Anheuser-Busch InBev (AB InBev) — which owns brands such as Budweiser, Hoegaarden, and Corona, along with Carlsberg, which operates here with Carlsberg and Tuborg brands, together account for about 85 per cent of the beer sales in India. UBL leads the Indian beer market with Kingfisher, Kalyani black, Heineken, and Amstel Bier. BAI, which is formed in partnership with the World Brewing Alliance (WBA), will be focused on growing the beer category in India and driving innovation, moderation, and sustainability in the Indian beer market, as per a statement. WBA is the ...

The platform expects 1.35 million new customers to shop during the 20th edition of End of Reason Sale New Delhi: Fashion and lifestyle e-commerce platform Myntra on Wednesday said it anticipates 20 million users to visit the platform during its sale which starts on 31 May. Head of growth and revenue Neha Wali said the platform expects 1.35 million new customers to shop during the 20th edition of EORS (End of Reason Sale). Through enabling kiranas and last mile delivery ecosystem, Myntra said kirana partners get an additional source of income, owing to the increased scale of orders during EORS. “Myntra will also efficiently utilise all its Forward Distribution Centres (FDCs) for a smoother, hassle-free delivery process during and after EORS,” it said in a statement. The post Myntra expects 20 million users to visit platform during sale appeared first on India Retailing . from India Retailing https://ift.tt/QKfLiEr via IFTTT

Prakash Patel, Managing Director, Bhumi World Industrial Park speaks to Sandeep Kumar, Asst. Editor, IMAGES Group about the upcoming factory outlet mall (Bhiwandi, Pune) which is ready for the fit outs. The project also has a warehousing, manufacturing and distribution center along with a high-street infrastructure with retail brands and F&B outlets. The post ‘Outlet Mall with 86 Retail Brands, 55 Food Avenues and 10 Entertainment Centers to Start by December 2024’ : Prakash Patel of Bhumi World appeared first on India Retailing . from India Retailing https://ift.tt/MJxhVQ6 via IFTTT

This collaboration represents a significant step forward in the logistics industry New Delhi : Logistics operator Ecom Express said on Tuesday it has formed a strategic collaboration with drone delivery-technology firm Skye Air in the last-mile delivery space, which would help it reduce delivery times for e-commerce parcels. The partnership will commence with drone delivery trials in select locations in Gurugram, with plans to cover additional PIN Codes in sparse locations and tougher terrains across India in subsequent stages, Ecom Express said in a statement. Ecom Express Limited has a presence in all 28 states and operates in over 2,700 towns across 27,000 PIN Codes. This collaboration represents a significant step forward in the logistics industry, combining Ecom Express’ network and automation expertise with Skye Air’s drone delivery technology. “This collaboration will not only amplify our efforts in reducing delivery times for e-commerce parcels but also enable sustainabil...

Srinivasan, an alumnus of FMS Delhi, currently leads corporate finance and is also the executive sponsor of gender equality for P&G India group New Delhi : Procter & Gamble Hygiene and Health Care Ltd on Tuesday said it has appointed Mrinalini Srinivasan as the Chief Financial Officer of the company. The appointment will be effective from June 29, 2024, said a statement from one of the listed entities of P&G India, which owns and manufactures Vicks and Whisper. She joined P&G in 2008 and has a career spanning 16 years, working across three geographies — Singapore, India, and Dubai. Srinivasan, an alumnus of FMS Delhi, currently leads corporate finance and is also the executive sponsor of gender equality for P&G India group. She was serving as a senior director, sales finance for P&G India. The post P&G Hygiene and Health Care appoints Mrinalini Srinivasan as CFO appeared first on India Retailing . from India Retailing https://ift.tt/uArx7eC via IF...

The established businesses continue to navigate market headwinds while maintaining a sharp focus on profitability enhancement New Delhi:  Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024. The company had posted a net loss of Rs 194.54 crore during the January-March quarter a year ago, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL). Its revenue from operations was at Rs 3,406.65 during the quarter under review against Rs 2,879.73 crore in the year-ago period. According to the Aditya Birla group firm, the consolidated financial results for the quarter that ended March 31, 2024, are “not comparable with previous quarters” pursuant to the acquisition of TCNS Clothing and Styleverse Lifestyle. Its total expenses were at Rs 3,813.87 crore in the March quarter. “The established businesses continue to navigate market headwinds while maintaining a sharp focus on profi...

The funding round was led by Hyderabad Angel Network (HAN) and Venture Catalysts (VCATs) New Delhi: Skippi, an ice pop brand, on Tuesday said it has raised Rs 10 crore in a Pre-series A funding round led by Hyderabad Angel Network (HAN) and Venture Catalysts (VCATs) with additional participation from Soonicorn Ventures, HEM Securities, and angel investors. Besides, the company is in discussions to raise an additional Rs 7 crore in the coming weeks, according to a statement. “The capital will be primarily allocated to brand building and marketing initiatives, with a focus on enhancing working capital, driving new product development, and hiring key leadership personnel for the next phase of growth,” it said. Launched in 2021, Skippi is available in over 20,000 outlets nationwide and through major online platforms such as Zepto, Swiggy Insta, Cred, Amazon, Skippi.in, and Big Basket. Its monthly revenues have increased 80 times from initial figures of Rs 5-7 lakh since appearing on...

Amid complaints that some entities are selling mother’s milk in the open market, the FSSAI has issued an advisory New Delhi : Food regulator FSSAI has warned food business operators against the sale of mother’s milk and directed licensing authorities not to issue approvals for the processing and selling of human milk. Amid complaints that some entities are selling mother’s milk in the open market, the Food Safety and Standards Authority of India (FSSAI) has issued an advisory on the “unauthorised commercialisation of human milk and its products” and also asserted that it has not given any permission for the sale. “This office is in receipt of representations from various registered societies regarding the commercialisation of human milk and its products. In this regard, it may be noted that FSSAI has not permitted the processing and/or selling of human milk under FSS Act 2006 and rules/regulations made there under,” the regulator said in the advisory on May 24. In the advisory issu...

CosmoGenesis will exponentially increase Honasa’s ability to research new trends with greater efficiencies New Delhi: Honasa Consumer, which owns FMCG brands Mamaearth and The Derma Co, on Monday said it has acquired cosmetic formulation maker CosmoGenesis Labs for an undisclosed amount. This acquisition will help the company, which was listed in November last year, to have a significant leap in research-driven innovation, the company said. CosmoGenesis boasts of extensive expertise in various facets of cosmetics, coupled with rich experience in natural & organic formulations, it said. Commenting over the development, Honasa Consumer CIO and Co-Founder Ghazal Alagh said this alliance with CosmoGenesis will exponentially increase Honasa’s ability to research new trends with greater efficiencies and help craft best-in-class products. “It helps lay foundational setting for transformative growth and innovation in profound ways. This acquisition empowers us to tap into new sub-ca...

The newly opened standalone store is situated at Hosur Sarjapura Road (HSR) layout, Bengaluru New Delhi : Bengaluru-based D2C fashion brand Snitch has opened its biggest store to date in Bengaluru, a release by the company said. The newly opened standalone store, its seventh in the city, is 10,000 sq. ft. The new store is situated at Hosur Sarjapura Road (HSR) layout, Bengaluru, a prominent suburb of South-Eastern Bengaluru, India. “Snitch is experiencing phenomenal growth, with new stores launching every fortnight to cater to our discerning customers,” said Siddharth Dungarwal, chief executive officer (CEO) and founder of Snitch. “In our state-of-the-art showrooms, customers can discover an extensive range of over 1000+ styles across more than 13 categories, all conveniently available under one roof. This rapid expansion underscores our unwavering commitment to delivering a comprehensive and unparalleled shopping experience.” Indiaretailing has always been the first to report...

Omnichannel furniture retailer Wooden Street is celebrating completing nine years with a special sale campaign offering 75% discount on its entire product range New Delhi : Furniture brand Wooden Street celebrates its 9th anniversary by launching a sale campaign called ‘9YearsofDeliveringHappiness’, the company said in a press release on Monday. As a part of the celebration, the brand has announced a sale till 10 June 2024 with up to 75% discount on its entire product range. The retailer is giving an exclusive coupon code to its online shoppers as well, the release added. “Reflecting on our journey, we are proud of our achievements and the trust our customers have placed in us. Our goal is to continue expanding and bringing joy to even more homes,” said Lokendra Ranawat, CEO, Wooden Street. Founded in May 2015, Woodenstreet offers over 30,000 furniture, décor & furnishing items including sofa sets, beds, dining table sets, sofa cum beds, and coffee tables. The retailer claims t...

Vasco Santos, Global Sales and Leasing Director of Ingka Centres, engages in a discussion with Rasul Bailay, Group Managing Editor of IMAGES Group, about Ingka Centres’ entry into the Indian market, elaborating on the company’s upcoming shopping centres, his expectations for the Indian consumer landscape and much more. The post India is among the top markets for Ingka Centres: Global leasing director Vasco Santos appeared first on India Retailing . from India Retailing https://ift.tt/giblP51 via IFTTT

51% of respondents highlighted poor customer service as the leading issue concerning kitchen appliances New Delhi: Brands dealing in consumer durables must constantly upgrade their systems to resolve consumer complaints quickly and effectively. However, this is not the norm, and this fact was reflected in an online survey conducted by Kapture CX, a software as a service (SaaS) customer experience management platform that focuses on customer support and enables personal customer interactions using proprietary Gen-AI. According to the results, 51% of respondents highlighted poor customer service as the leading issue concerning kitchen appliances. Limited repair availability followed at 29%, while hidden fees and lack of self-serve options were each cited by 10% of participants. “In this increasingly competitive market, companies risk losing customers, business and growth by not investing in a good customer service platform. Such platforms should be able to deliver seamless, personali...

Learn how international giants such as Unilever, Nestle, Pepsico, Marico and Amazon are attempting to reduce plastic usage Bengaluru: Larger global corporations are attempting to innovate and gear themselves towards reducing plastic usage. Brands like Unilever, Nestle, Pepsico, Marico and Amazon are attempting to innovate to reduce plastic usage. These efforts range from using less virgin plastics, manufacturing sustainable packaging to adopting biodegradable materials. Amazon Initiatives: Amazon’s initiatives are focused on increasing recycled packaging material for delivery purposes. They are eliminating plastic straws and polystyrene from brick-and-mortar store locations. Changes: Amazon is working to improve the composition of plastic packaging solutions to ensure the use of more recycled contents. They have switched to smaller plastic produce bags at their Whole Foods stores. They had set a target to increase the recycled content of plastic film bags from 25% to 50% by 2021...

The beauty and personal care retailer’s latest offline store is located in Behala New Delhi: Mumbai-based online personal care brand Purplle has opened a new store in Kolkata, a top company executive revealed in a social media post. The retailer’s latest offline store is located in Behala. “Hello Kolkata. Purplle Store in Behala now officially opens its door. Walk in to the store for existing offer and free gifts on every purchase. Walking to the store to get free makeover from our beauty experts,” said Sartaaj Ramani, Head- NSO and Retail Expansion Projects, Purplle.com in a LinkedIn post while sharing pictures of the newly launched store. Last month, Purplle expanded its offline retail footprint by opening a store in Delhi’s Laxmi Nagar. Founded by Manish Taneja and Rahul Dash in 2012, Purplle specializes in beauty and grooming. The company offers 60,000 products from over 1,000 brands. Backed by investors including Abu Dhabi Investment Authority (ADIA), Kedaara, Premji Invest, ...

Since the beginning of 2024, the company has been experiencing a steady month-over-month growth rate of 15-20% New Delhi : Hyderabad-based footwear brand Neeman’s eyes double revenue at Rs 200 crore this fiscal year, a company top executive told IndiaRetailing. “In FY 2023-2024, we achieved revenue exceeding Rs100 crore. For FY 2024-2025, we project revenue to surpass Rs200 crore,” said Taran Chhabra, founder, Neeman’s. Since the beginning of 2024, the company has been experiencing a steady month-over-month growth rate of 15-20%. This growth is driven by strategic internal restructuring and comprehensive growth plans, said its representatives. Currently, the brand has over 11 stores in cities like Hyderabad, Mumbai and Bengaluru. And it plans to open over 20 new stores across all major metro cities eyeing a significant omnichannel presence, Chhabra said. “Our omnichannel approach involves a strategic expansion to enhance Neeman’s presence across multiple platforms,” added Chhabra. ...

This shift not only caters to the changing preferences of modern consumers but also sets the stage for continuous improvements in how retail operates Gone are the days when men could afford to ignore the fashion conversations. Gen Z men are mindful about creating their unique identity and fashion plays an important role in that. Their millennial counterparts are also catching up fast. They demand a wider selection, but more importantly, the convenience to make their shopping choices on-the-go. Instead of visiting their local stores, they now prefer to browse through a vast online catalogue by D2C fashion brands or marketplaces, try out their selection on digital avatars, and get it delivered at their home. The transformation from traditional brick-and-mortar stores to omnichannel retailing offers customers a cohesive and convenient shopping experience, reflecting broader changes in consumer behaviour and technological advancements. Omnichannel retailing blurs the lines between in-sto...

The report also highlighted the growing user preference for leveraging conversational platforms for daily tasks New Delhi: GenAI-powered conversational messaging platforms, like through WhatsApp, have the potential to bring more social media users to shop online, according to a report by Bain & Company and Meta. The report also highlighted the growing user preference for leveraging conversational platforms for daily tasks. “While only about 200 million of the 650 million Indians active on social media currently shop online, GenAI-powered conversational messaging platforms have the potential to bring the next 450 million consumers to e-commerce,” Arpan Sheth, Partner, Bain & Company said. The report also incorporated a survey of 7,800 consumers and 150 enterprises, including interviews with over 25 senior executives across various Indian industries. It said 60 per cent of the large companies surveyed intended to boost their investment in conversational experiences over the...

The new Bugatti store is situated in Phoenix Mall of Asia, Yelahanka Bengaluru: European footwear and accessories brand Bugatti by multinational shoe company AstorMueller has launched its first retail store in Bengaluru, according to a company official’s social media post on Thursday.  “We are excited to welcome you to Bugatti’s first store in Bengaluru,”  said Sandip Kanti Baksi, chief operating officer of AstorMueller India, in a LinkedIn post while sharing the images of the new store. Source: LinkedIn The new store is situated at Phoenix Mall of Asia, Yelahanka, which also hosts multiple footwear brands such as Bata, Aldo, Birkenstock, Crocs, Fizzy Goblet, Hush Puppies and Bric’s. Bugatti stores offer boots, heels, sandals, sneakers, fashion accessories, backpacks, belts, wallets and shoe care accessories. AstorMueller brought Bugatti to the Indian market in June 2023. Today, Bugatti has six stores in the country situated in Hyderabad, New Delhi, Gurgaon, Pune , In...

Poco shipments in India grew by about 72% year on year New Delhi : Smartphone company Poco plans to sell 10 million mobile phones in two years and aims to be among top-five players from the third year onwards, a senior official of the company said on Thursday. Poco recently pipped OnePlus to capture seventh spot in overall smartphone category with 5.9% market share and sixth position among Android smartphone brands, as per market research firm IDC. “We have very ambitious target for the next two years and we want to get into the ‘big boys club’, which means we want to hit 10 million-mark in sales and then challenging the top five brands in the next 2-3 year,” Poco India country head Himanshu Tandon said on the sidelines of Poco F6 smartphone launch event. As per IDC, Poco shipments in India grew by about 72% year on year. Tandon, however, said that the sales volume grew by 90% on YoY basis compared to upper growth target of 80% set by the company a year ago. “Our rise to the numb...

CEO of smart appliance maker Upliance.ai Mahek Mody on life after Shark Tank India, lessons learnt and plans New Delhi: After its debut on Shark Tank India, Bengaluru-based AI-powered home appliance company Upliance.ai has witnessed a viral trend across online platforms with a key focus on the customer community and digital key opinion leaders (KOLs), a top company executive told IndiaRetailing. “Our website traffic also witnessed a 13x rise in unique visitors. Social media engagement increased, with 120x growth in monthly gained followers on Instagram and a spike on our YouTube channel,” said Mahek Mody, co-founder and chief executive officer, of upliance.ai. “This national platform generated a lot of excitement and propelled us into the spotlight. It was pretty nerve-wracking but ultimately a rewarding opportunity to secure funding and showcase the upliance to a broader Indian audience,” added Mody. IndiaRetailing had earlier reported on how the company has been using cutti...

Located in Amritsar, the centre will store, process, grade and pack various local agriculture and other produce for Lulu’s 270 retail stores across the Middle East, Far East and Africa Bengaluru:  Multinational retail company  Lulu Group International is set to launch a logistics and food processing centre located in Amritsar, Punjab, according to a press release by the Abu Dhabi-based developer. “Our group is intending to have a logistics and food processing centre in Amritsar for the storage, processing, grading and packing of various local agriculture and other produce,” said Salim M A, director of Lulu Group. “Amritsar is known for its vibrant business environment and especially for its thriving small and medium enterprises (SMEs). The city will now be a part of our sourcing of local products which will greatly help SMEs, local farmers, agricultural cooperatives and farmers producer organisations,” he added. Discussions have taken place with Taranjit Sandhu, a Lok Sabh...

The funding will be utilized in marketing, increase production capacity, research and development New Delhi:   Premium tea brand Freshleaf has raised a funding of Rs. 1 Crore in seed round, the company said in a press release on Thursday. The funding which was led by Inflection Point Ventures (IPV), will be utilized in marketing, increase production capacity, research and development and strengthen brand presence in modern retail and quick commerce and international markets, the release added.   “Our partnership with IPV is a clear sign of what we can achieve together. We’re setting out to reimagine how tea is enjoyed, making every sip a blend of tradition and innovation” said Balkirat Singh, Co-Founder and CEO, Freshleaf. “We’re pushing boundaries with unique blends that excite today’s consumer, providing convenience and exceptional taste” said Muneet Arora, Co-Founder and CMO, Freshleaf. Founded in 2022,  Freshleaf offers a mix of tradition...

The company reported an 8.2% growth in stores to 187 units across India New Delhi : Beauty and fashion e-commerce firm FSN E-Commerce Ventures, owner of Nykaa brand, on Wednesday said it has posted a nearly four-fold jump in consolidated net profit at Rs 9 crore for the March 2024 quarter. The company registered a net profit of Rs 2.27 crore in the January-March period a year ago, according to a regulatory filing. The consolidated revenue from operations increased by about 28% to Rs 1,668 crore during the reported quarter from Rs 1,302 crore in the March 2023 quarter. For the year ended on March 31, 2024, Nykaa posted an 89.6% jump in net profit to Rs 39.74 crore from Rs 20.96 crore in the financial year (FY) 2023. The annual revenue of Nykaa increased by about 24% to Rs 6,385.62 crore in FY24 from Rs 5,143.8 crore in FY23. Nykaa’s gross merchandise value (GMV) grew by 32% to Rs 3,217.2 crore on a year-on-year basis with the beauty and personal care segment accounting for 67% sha...

An expansion into the Middle East market is also on the menu for the artisan bakery chain Mumbai: Artisan bakery chain The Baker’s Dozen (TBD) has set its sights on becoming a Rs500-crore entity in five years, according to a top executive at the company. The Mumbai-based chain also plans to “make headway into the Middle East market,” shared co-founder Aditi Handa. “Last fiscal year, we closed a revenue of Rs 45 crore, and for this fiscal year, we aim to reach Rs 80 crore in revenue. All this whilst being profitable,” she added.   Founded by Handa along with co-founder Sneh Jain, an IIM-A graduate and former McKinsey consultant, TBD crafts bread, cakes, cookies, crackers and premixes using natural ingredients. It is present in 50 cities through 1,000 modern retail outlets like Nature’s Basket and e-commerce and quick commerce platforms such as Swiggy, Zomato, and others. “Approximately 75% of sales come from online channels, with the top three cities—Mumbai, Delhi, and Bengal...

The Reserve Bank of India (RBI) barred Paytm Payments Bank Limited (PPBL) from accepting deposits, credit transactions or top-ups New Delhi : Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore. The company had posted a loss of Rs 167.5 crore in the same period a year ago, the company said in a regulatory filing. The revenue from operations of Paytm declined 2.8% to Rs 2,267.1 crore during the reported quarter, from Rs 2,464.6 crore in the corresponding quarter of the financial year 2023. For the year ended March 31, 2024, the company’s loss narrowed to Rs 1,422.4 crore. Paytm had recorded a loss of Rs 1,776.5 crore in FY23. The annual revenue of Paytm increased by about 25% to Rs 9,978 crore for FY24, from Rs 7,990.3 crore in FY23. The Reserve Bank of India (RBI) barred Paytm Payments Bank Limited (PPBL) from accepting deposits, credit transactions or top-ups in ...

The brand is planning to open more outlets in metropolitan areas across the Kingdom of Saudi Arabia, United Arab Emirates, Bahrain, Qatar and India Bengaluru:  Fashion brand Rare and Basics (R&B), owned by retail conglomerate Apparel Group, is set to increase its footprint by launching 200 new stores across the Gulf Cooperation Council (GCC) region as well as in India by the end of 2025, the company said in a press release on Wednesday. The brand is planning to open more outlets in metropolitan areas across the Kingdom of Saudi Arabia (KSA), United Arab Emirates (UAE), Bahrain, Qatar and India. In line with its aggressive expansion plans, the brand has already opened over 12 new stores in the first quarter of the fiscal year (FY) 2025. “Our aggressive expansion strategy is meticulously crafted to transcend traditional retail boundaries, profoundly reshaping the fashion landscape. This expansion is a bold step towards establishing R&B Fashion as the premier fashion destin...

Iris will help brands make data-driven decisions that can significantly improve conversion rates and sales New Delhi: E-commerce company Flipkart on Monday launched Flipkart Iris, a platform designed to provide insights about customer behaviour to brands. Iris will provide brands with detailed reports and actionable insights about their business performance on Flipkart, helping them to understand consumer behaviour and market trends. “In addition to industry-standard comparative analysis and user behaviour insights, Flipkart Iris goes beyond offering exclusive reports which will allow brands to understand the high value actions of consumers for their products on the platform,” the homegrown brand said in a statement. This will help brands make data-driven decisions that can significantly improve conversion rates and sales, it added. The post Flipkart Iris to provide brands with insights on customer behaviour appeared first on India Retailing . from India Retailing https:...